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CIBC

CIBC Parent Rating

Above Average

CIBC has a strong investment culture as a firm, resulting in an Above Average Parent Pillar rating.

CIBC stands out from a cost perspective for open-end and exchange-traded funds, demonstrating a firm-wide commitment to minimizing costs and maximizing investors' returns. On average, fees for the firm's funds are in the second-cheapest quintile of category peers. CIBC has showcased a durable product shelf. This is demonstrated by the firm's 10-year risk-adjusted success ratio of 70%, meaning that 70% of its products have both survived and beaten their respective category median on a risk-adjusted basis. A high success ratio indicates good performance and provides insight into a firm’s discipline around investment strategy and product development. Manager turnover at CIBC has been higher than at peer asset management firms. Turnover in the portfolio-management ranks can happen for a number of reasons, including mergers, liquidations, and portfolio managers changing roles or leaving the firm. In some cases, a change may not signal a serious or immediate problem at the firm, but can still be disruptive for investors, hinder the effectiveness of a firm’s investment processes, or suggest a weaker investment culture.

CIBC Investments

Market

US Open-end ex MM ex FoF ex Feeder

Total Net Assets

4.43 Bil

Investment Flows (TTM)

−20.24 Mil

Asset Growth Rate (TTM)

−0.54%

# of Share Classes

6

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