CIBC ACTIVE INVEST GRD CRP BD ETF COMMON UNITSCIBC ACTIVE INVEST GRD CRP BD ETF COMMON UNITSCIBC ACTIVE INVEST GRD CRP BD ETF COMMON UNITS

CIBC ACTIVE INVEST GRD CRP BD ETF COMMON UNITS

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Key stats


Assets under management (AUM)
‪1.76 B‬CAD
Fund flows (1Y)
‪352.87 M‬CAD
Dividend yield (indicated)
4.45%
Discount/Premium to NAV
−0.1%
Shares outstanding
‪87.90 M‬
Expense ratio
0.40%

About CIBC ACTIVE INVEST GRD CRP BD ETF COMMON UNITS


Brand
CIBC
Home page
Inception date
Jan 16, 2019
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
CIBC Asset Management, Inc.
The fund provides exposure mainly to Canadian investment-grade,floating-rate bondsfrom the government orcompaniesthat are perceived to outperform. Using a bottom-up analysis of issuers and a top-down analysis of sectors, the fund focuses on issuer-specific fundamentals and quantitative modeling of valuations and liquidity to select securities. Both technical and fundamental analyses are used to position their average term to maturity. Macroeconomic variables and technical interest rate analysis are also used to draw conclusions about future economic growth and the direction of interest rates. As an actively managed ETF, the fund may depart temporarily from its fundamental investment objectives at their discretion. The fund may from time-to-time invest in securitiesbyforeign issuers of up 30% and high-yield debt securities of no more than 10%.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Broad maturities
Strategy
Active
Geography
Canada
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
0.9%98%0.9%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to CACB via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CACB trades at 19.98 CAD today, its price has risen 0.10% in the past 24 hours. Track more dynamics on CACB price chart.
CACB net asset value is 19.89 today — it's risen 0.18% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CACB assets under management is ‪1.76 B‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CACB price has risen by 0.35% over the last month, and its yearly performance shows a 2.78% increase. See more dynamics on CACB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.18% over the last month, showed a −0.63% decrease in three-month performance and has increased by 6.24% in a year.
CACB fund flows account for ‪357.87 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CACB invests in bonds. See more details in our Analysis section.
CACB expense ratio is 0.40%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CACB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CACB technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CACB shows the neutral signal. See more of CACB technicals for a more comprehensive analysis.
Yes, CACB pays dividends to its holders with the dividend yield of 4.45%.
CACB trades at a premium (0.43%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CACB shares are issued by Canadian Imperial Bank of Commerce
CACB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 16, 2019.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.