About CIBC PREMIUM CASH MANAGEMENT ETF UNITS COM ETF
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Inception date
May 14, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
CIBC Asset Management, Inc.
The fund aims for a high level of income while preserving capital and maintaining liquidity, by investing primarily in investment grade Canadian money market securities. Money market securities include treasury bills issued by Canadian governments, bankers' acceptances of Canadian chartered banks and commercial paper of Canadian corporations with remaining term to maturity of one year or less. Through its actively managed mandate, the fund allows the portfolio manager to have full discretion in adjusting the portfolio at any time, including its allocation based on maturity and credit quality. Adjustments to the portfolio is based on a review of macroeconomic and capital market conditions inside and outside of Canada. The fund may invest in CAD-denominated securities of foreign issuers not expected exceeding 20%. The fund may engage in securities lending, repurchase and reverse repurchase transactions for additional income.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
No, CCAD doesn't pay dividends to its holders.
CCAD shares are issued by Canadian Imperial Bank of Commerce under the brand CIBC. The ETF was launched on May 14, 2025, and its management style is Active.
CCAD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.