Key stats
About CIBC ACTIVE INVEST GRD CRP BD ETF COMMON UNITS
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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%
Corporate93.37%
Government5.34%
Cash1.10%
Securitized0.18%
Stock breakdown by region
North America98.18%
Europe0.94%
Oceania0.88%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history