Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports

CIBC Global Bond Fund Class A

Global Fixed Income

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2018, 2014, 2013

Click for more information on Fundata’s FundGrade

NAVPS
(10-09-2025)
$9.55
Change
-$0.01 (-0.08%)

As at September 30, 2025

As at September 30, 2025

Period
Created with Highcharts 10.3.3Jan 2024Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Jan 2000Jan 2005Jan 2010Jan 2015Jan 2020Jan 2025Jan…$10,000$9,800$10,200$10,400$10,600$10,800$11,000Period

Legend

CIBC Global Bond Fund Class A

Compare Options


Fund Returns

Inception Return (September 26, 1994): 2.77%

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 0.75% 0.36% 1.04% 1.88% -0.42% 3.59% 2.40% -1.92% -2.02% -1.05% -0.26% -0.49% -0.47% 0.19%
Benchmark 2.14% 2.74% 1.56% 4.60% 5.42% 8.56% 5.69% 0.14% -1.20% 0.17% 1.60% 1.64% 0.75% 1.30%
Category Average 1.04% 1.34% 1.92% 3.65% 1.85% 6.08% 4.48% -0.10% -0.06% 0.66% 1.49% 1.22% 1.03% 1.46%
Category Rank 138 / 234 218 / 234 163 / 221 175 / 218 187 / 218 172 / 188 146 / 160 118 / 135 86 / 104 79 / 95 77 / 86 67 / 74 55 / 65 35 / 40
Quartile Ranking 3 4 3 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3-2%-1%0%1%2%3%
Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -1.68% 0.85% -1.41% 0.46% 0.97% -0.60% 0.80% -0.84% 0.73% -0.66% 0.27% 0.75%
Benchmark -0.37% 0.95% 0.21% 1.24% 1.20% 0.53% -1.24% -1.07% 1.17% -0.22% 0.81% 2.14%

Best Monthly Return Since Inception

10.38% (January 2015)

Worst Monthly Return Since Inception

-4.42% (November 2016)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 8.62% -0.43% 3.41% 2.36% 1.82% 4.14% -4.38% -13.44% 5.50% -0.18%
Benchmark 16.63% -1.36% -0.08% 7.82% 1.45% 7.03% -6.05% -10.83% 2.72% 6.80%
Category Average 2.92% 2.08% 2.75% -0.04% 5.49% 5.94% -1.81% -10.70% 5.33% 2.37%
Quartile Ranking 2 4 1 2 4 4 4 4 2 4
Category Rank 14/ 33 32/ 41 9/ 69 20/ 78 76/ 91 82/ 97 88/ 104 117/ 138 76/ 160 168/ 195

Best Calendar Return (Last 10 years)

8.62% (2015)

Worst Calendar Return (Last 10 years)

-13.44% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Government Bonds 94.13
Cash and Equivalents 4.80
Foreign Corporate Bonds 1.08

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 95.21
Cash and Cash Equivalent 4.79

Geographic Allocation

Geographic Allocation
Name Percent
North America 37.36
Europe 34.26
Asia 18.12
Latin America 7.87
Multi-National 2.00
Other 0.39

Top Holdings

Top Holdings
Name Percent
United States Treasury 1.75% 15-Nov-2029 6.40
Finland Government 3.00% 15-Sep-2035 4.55
Colombia Government 6.25% 09-Jul-2036 4.36
United States Treasury 2.88% 15-May-2032 4.26
United States Treasury 3.00% 31-Oct-2025 3.80
France Government 3.00% 25-Nov-2034 3.53
United States Treasury 2.25% 15-Aug-2027 3.39
United States Treasury 1.38% 31-Oct-2028 2.91
United States Treasury 4.38% 15-Feb-2038 2.89
Italy Government 0.95% 01-Mar-2037 2.71

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return123456789101112131415-4%-2%0%2%4%6%8%10%12%14%

CIBC Global Bond Fund Class A

Median

Other - Global Fixed Income

3 Yr Annualized

Standard Deviation 4.74% 5.17% 5.88%
Beta 0.62% 0.60% 0.54%
Alpha -0.01% -0.01% 0.00%
Rsquared 0.53% 0.54% 0.40%
Sharpe -0.32% -0.88% -0.24%
Sortino -0.16% -1.12% -0.58%
Treynor -0.02% -0.08% -0.03%
Tax Efficiency 83.16% - -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.30% 4.74% 5.17% 5.88%
Beta 0.48% 0.62% 0.60% 0.54%
Alpha -0.03% -0.01% -0.01% 0.00%
Rsquared 0.26% 0.53% 0.54% 0.40%
Sharpe -1.00% -0.32% -0.88% -0.24%
Sortino -1.11% -0.16% -1.12% -0.58%
Treynor -0.07% -0.02% -0.08% -0.03%
Tax Efficiency - 83.16% - -

Fund Details

Start Date September 26, 1994
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $919

Fund Codes

FundServ Code Load Code Sales Status
CIB490

Investment Objectives

To provide a high level of income and some capital growth while attempting to preserve capital, by investing primarily in debt securities denominated in foreign currencies issued by Canadian or non-Canadian governments or corporations, and international agencies such as the International Bank for Reconstruction and Development, also known as the World Bank.

Investment Strategy

To achieve its investment objectives, the Fund: takes a measured approach to active country, curve and currency investing, supported by macroeconomic regime assessments and fundamental country research to determine, and consistently adjust for, optimal portfolio positioning; uses a currency overlay to add value by investing in countries with attractive carry, value, momentum, and cycle factors.

Portfolio Management

Portfolio Manager

CIBC Asset Management Inc.

Sub-Advisor

-

Management and Organization

Fund Manager

Canadian Imperial Bank of Commerce

Custodian

CIBC Mellon Trust Company

Registrar

Canadian Imperial Bank of Commerce

Distributor

CIBC Securities Inc.

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 1.24%
Management Fee 1.00%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.50%
Trailer Fee Max (LL) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports