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CIBC Emerging Markets Index Fund Class A

Emerging Markets Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

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NAVPS
(05-16-2024)
$22.86
Change
$0.19 (0.86%)

As at April 30, 2024

As at April 30, 2024

As at February 29, 2024

Period
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Legend

CIBC Emerging Markets Index Fund Class A

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Fund Returns

Inception Return (September 26, 2000): 5.18%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 1.47% 9.28% 12.26% 5.25% 8.21% 3.60% -3.68% 3.37% 0.41% 0.14% 1.82% 4.88% 2.45% 3.73%
Benchmark 3.23% 10.40% 13.97% 7.96% 12.80% 6.58% -0.16% 6.60% 3.28% 2.95% 4.27% 7.20% 4.72% 6.13%
Category Average 1.20% 13.74% 13.74% 5.95% 10.36% 5.03% -3.77% 5.69% 2.22% 1.43% 2.91% 5.48% 3.19% 3.77%
Category Rank 190 / 330 170 / 327 226 / 327 240 / 327 229 / 312 229 / 302 180 / 278 215 / 266 198 / 250 150 / 203 136 / 193 112 / 159 105 / 145 98 / 134
Quartile Ranking 3 3 3 3 3 4 3 4 4 3 3 3 3 3

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -1.98% 1.49% 5.53% -4.32% -2.46% -1.63% 5.30% 1.29% -3.69% 5.48% 2.10% 1.47%
Benchmark -2.01% 1.39% 5.60% -2.72% -1.99% -1.05% 4.87% 0.67% -2.21% 5.63% 1.24% 3.23%

Best Monthly Return Since Inception

14.70% (November 2022)

Worst Monthly Return Since Inception

-16.63% (September 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 4.69% 0.32% 7.42% 27.05% -7.76% 11.78% 11.64% -5.04% -15.40% 5.97%
Benchmark 8.76% 2.69% 7.90% 26.42% -6.05% 15.55% 11.45% 0.08% -12.38% 7.03%
Category Average 2.91% -3.92% 6.53% 28.88% -11.86% 15.06% 17.52% -3.30% -17.32% 8.68%
Quartile Ranking 3 3 2 3 1 3 3 3 2 3
Category Rank 84/ 131 93/ 144 61/ 155 126/ 186 50/ 202 169/ 246 182/ 261 199/ 269 123/ 289 226/ 310

Best Calendar Return (Last 10 years)

27.05% (2017)

Worst Calendar Return (Last 10 years)

-15.40% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 99.05
Income Trust Units 0.61
US Equity 0.18
Cash and Equivalents 0.18
Foreign Corporate Bonds 0.02
Other -0.04

Sector Allocation

Sector Allocation
Name Percent
Technology 30.41
Financial Services 20.99
Consumer Goods 8.89
Basic Materials 6.85
Energy 5.66
Other 27.20

Geographic Allocation

Geographic Allocation
Name Percent
Asia 78.29
Africa and Middle East 9.14
Latin America 8.48
Europe 2.80
North America 0.35
Other 0.94

Top Holdings

Top Holdings
Name Percent
Taiwan Semiconductor Manufactrg Co Ltd 8.00
Ishares MSCI China a ETF (CNYA) 4.25
Tencent Holdings Ltd 3.94
Samsung Electronics Co Ltd 3.61
iShares MSCI Emerging Markets ETF (EEM) 2.80
Alibaba Group Holding Ltd 2.07
Reliance Industries Ltd 1.45
Pinduoduo Inc - ADR 1.01
ICICI Bank Ltd 0.97
Meituan 0.94

Equity Style

Market capitalization is large. Equity style is blend.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

CIBC Emerging Markets Index Fund Class A

Median

Other - Emerging Markets Equity

3 Yr Annualized

Standard Deviation 15.02% 15.32% 13.87%
Beta 1.12% 1.07% 1.02%
Alpha -0.03% -0.03% -0.02%
Rsquared 0.96% 0.97% 0.96%
Sharpe -0.36% -0.03% 0.23%
Sortino -0.56% -0.14% 0.17%
Treynor -0.05% 0.00% 0.03%
Tax Efficiency - - 84.54%
Volatility Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10

Risk Rating

Rating 8 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 12.27% 15.02% 15.32% 13.87%
Beta 1.09% 1.12% 1.07% 1.02%
Alpha -0.05% -0.03% -0.03% -0.02%
Rsquared 0.95% 0.96% 0.97% 0.96%
Sharpe 0.31% -0.36% -0.03% 0.23%
Sortino 0.77% -0.56% -0.14% 0.17%
Treynor 0.03% -0.05% 0.00% 0.03%
Tax Efficiency 90.82% - - 84.54%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date September 26, 2000
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $154

Fund Codes

FundServ Code Load Code Sales Status
CIB519

Investment Objectives

To provide long-term growth through capital appreciation. The Fund is managed to obtain a return that approximates the performance of the MSCI Emerging Markets Index. The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is intended to represent the emerging countries equity market. It includes stocks from emerging countries in Asia, Latin America, Europe, Africa, and the Middle East.

Investment Strategy

To achieve its investment objectives, the Fund: uses passive management strategies to create a portfolio with characteristics similar to the MSCI Emerging Markets Index, allowing the Fund to obtain a return that approximates the performance of that index in Canadian dollars; may use derivatives such as options, futures, forward contracts, swaps, and other similar instruments, in a manner considered appropriate to achieving the Fund’s investment objectives.

Portfolio Manager(s)

Name Start Date
Karl Gauvin 12-30-2020
Patrick Thillou 12-30-2020

Management and Organization

Fund Manager Canadian Imperial Bank of Commerce
Advisor CIBC Asset Management Inc.
Custodian CIBC Mellon Trust Company
Registrar Canadian Imperial Bank of Commerce
Distributor CIBC Securities Inc.
Auditor Ernst & Young LLP, Chartered Accountants

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 1.44%
Management Fee 1.20%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.25%
Trailer Fee Max (LL) -

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