Key stats
About CIBC ACTIV INVST GRD FLTG RT 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 fundprovides exposuremainly toCanadian investment-grade corporate bonds,potentially including ABS and commercial MBS,that are perceived tooutperform.Using abottom-up analysis of issuersand atop-down analysis of sectors,the fund focuses onissuer-specific fundamentals and quantitative modeling of valuations and liquidity toselect securities. Both technical and fundamental analyses areusedto positiontheiraverage termtomaturity.Macroeconomic variablesandtechnical interest rate analysisare also usedto draw conclusions about future economic growth and the direction of interest rates. As an actively managed ETF, the fundmay depart temporarily from its fundamental investment objectivesat their discretion.The fundmayfrom time-to-timeinvest in securities of foreign issuersof up30%and high-yield debtsecuritiesof no more than10%.
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
Securitized
Bonds, Cash & Other100.00%
Corporate86.59%
Securitized12.10%
Government1.21%
Cash0.10%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history