Key stats
About CIBC ACTIVE INVEST GRD CRP BD ETF COMMON UNITS
Home page
Inception date
Jan 16, 2019
Structure
Canadian Mutual Fund Trust (ON)
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate92.29%
Government4.31%
Cash2.48%
Securitized0.92%
Stock breakdown by region
North America98.25%
Europe0.90%
Oceania0.85%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CACB invests in bonds. The fund's major sectors are Corporate, with 92.29% stocks, and Government, with 4.31% of the basket. The assets are mostly located in the North America region.
CACB last dividends amounted to 0.07 CAD. The month before, the issuer paid 0.07 CAD in dividends, which shows a 1.39% decrease.
CACB assets under management is 1.76 B CAD. It's risen 4.32% over the last month.
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.
Yes, CACB pays dividends to its holders with the dividend yield of 4.45%. The last dividend (May 5, 2025) amounted to 0.07 CAD. The dividends are paid monthly.
CACB shares are issued by Canadian Imperial Bank of Commerce under the brand CIBC. The ETF was launched on Jan 16, 2019, and its management style is Active.
CACB expense ratio is 0.40% meaning you'd have to pay 0.40% of your investment to help manage the fund.
CACB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CACB invests in bonds.
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.
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 trades at a premium (0.43%) meaning the ETF is trading at a higher price than the calculated NAV.