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CIBC Technology Innovation Fund Class A

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Global Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2023, 2022, 2021, 2020

Click for more information on Fundata’s FundGrade

NAVPS
(06-13-2025) 		$75.75
Change
-$1.06 (-1.38%)

As at May 31, 2025

As at May 31, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Jan 1996Jan 19…Jan 1998Jan 2000Jan 2002Jan 2004Jan 2006Jan 2008Jan 2010Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jan 1996Jan 2000Jan 2004Jan 2008Jan 2012Jan 2016Jan 2020Jan 2024$10,000$60,000$110,000-$40,000$160,000$8,000$12,000$14,000$16,000$18,000Period

Legend

CIBC Technology Innovation Fund Class A

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Fund Returns

Inception Return (December 11, 1995): 8.73%

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 10.28% -2.05% -3.77% -5.18% 9.65% 16.84% 15.79% 7.75% 10.76% 15.32% 13.83% 14.81% 15.96% 14.84%
Benchmark 5.37% -2.04% 0.91% 0.76% 14.46% 18.99% 15.33% 10.43% 13.24% 12.16% 10.74% 10.38% 11.55% 10.33%
Category Average 5.09% -1.64% 0.15% 1.47% 10.88% 14.99% 11.56% 7.12% 10.59% 9.58% 8.35% 7.99% 8.85% 7.69%
Category Rank 38 / 2,128 925 / 2,110 1,933 / 2,100 2,068 / 2,102 1,280 / 2,040 562 / 1,911 202 / 1,801 766 / 1,638 705 / 1,487 49 / 1,426 39 / 1,238 7 / 1,103 8 / 971 8 / 797
Quartile Ranking 1 2 4 4 3 2 1 2 2 1 1 1 1 1

Monthly Return

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%15%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 7.48% 1.00% 0.87% 0.55% 1.10% 2.37% 1.49% 2.37% -5.43% -9.55% -1.81% 10.28%
Benchmark 2.29% 2.79% 0.04% 2.54% 0.69% 4.44% 0.14% 3.94% -1.04% -4.18% -2.97% 5.37%

Best Monthly Return Since Inception

37.22% (February 2000)

Worst Monthly Return Since Inception

-32.93% (February 2001)

Calendar Return (%)

Created with Highcharts 10.3.3-40%-20%0%20%40%60%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 30.40% -3.46% 31.68% 7.19% 35.10% 47.89% 3.04% -20.76% 30.30% 31.18%
Benchmark 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37% 26.84%
Category Average 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08% 20.13%
Quartile Ranking 1 4 1 1 1 1 4 4 1 1
Category Rank 8/ 762 837/ 887 8/ 1,040 10/ 1,187 28/ 1,382 36/ 1,464 1,567/ 1,581 1,474/ 1,733 59/ 1,881 197/ 1,998

Best Calendar Return (Last 10 years)

47.89% (2020)

Worst Calendar Return (Last 10 years)

-20.76% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 89.78
International Equity 5.26
Cash and Equivalents 2.85
Canadian Equity 2.10
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 70.56
Consumer Services 11.24
Healthcare 4.65
Consumer Goods 4.32
Telecommunications 2.90
Other 6.33

Geographic Allocation

Geographic Allocation
Name Percent
North America 94.74
Europe 3.34
Latin America 1.93
Other -0.01

Top Holdings

Top Holdings
Name Percent
NVIDIA Corp 10.24
Microsoft Corp 9.92
Apple Inc 8.97
Amazon.com Inc 6.64
Broadcom Inc 6.60
Alphabet Inc Cl A 5.97
Meta Platforms Inc Cl A 4.94
Netflix Inc 4.60
Tesla Inc 4.32
Palantir Technologies Inc Cl A 3.24

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return68101214161820222426-20%-10%0%10%20%30%40%

CIBC Technology Innovation Fund Class A

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 15.39% 15.39% 15.55%
Beta 1.00% 1.05% 1.08%
Alpha 0.01% -0.02% 0.04%
Rsquared 0.65% 0.66% 0.68%
Sharpe 0.78% 0.58% 0.86%
Sortino 1.38% 0.84% 1.29%
Treynor 0.12% 0.09% 0.12%
Tax Efficiency 100.00% 100.00% 100.00%
Volatility Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 9 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 17.87% 15.39% 15.39% 15.55%
Beta 1.43% 1.00% 1.05% 1.08%
Alpha -0.09% 0.01% -0.02% 0.04%
Rsquared 0.66% 0.65% 0.66% 0.68%
Sharpe 0.40% 0.78% 0.58% 0.86%
Sortino 0.67% 1.38% 0.84% 1.29%
Treynor 0.05% 0.12% 0.09% 0.12%
Tax Efficiency 100.00% 100.00% 100.00% 100.00%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A49.2​49.251.1​51.10%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A59.9​59.951.8​51.80%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A31.3​31.350.6​50.60%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A59.1​59.152.2​52.20%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

Fund Details

Start Date December 11, 1995
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $529

Fund Codes

FundServ Code Load Code Sales Status
CIB496

Investment Objectives

To provide long-term growth through capital appreciation by investing globally, primarily in companies that are involved in the development, application, production, or distribution of scientific and technology-based products and services.

Investment Strategy

To achieve its investment objectives, the Fund: uses fundamental bottom-up research to construct a well-diversified portfolio that focuses on stocks expected to outperform the sector over future periods.

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 2.21%
Management Fee 1.85%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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