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Canadian Money Market
|
NAVPS (10-25-2024) |
$10.00 |
|---|---|
| Change |
$0.00
(0.01%)
|
As at September 30, 2024
As at September 30, 2024
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Inception Return (November 30, 1988): 2.96%
| 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 | 0.36% | 1.13% | 2.34% | 3.57% | 4.85% | 4.68% | 3.38% | 2.55% | 2.19% | 2.05% | 1.89% | 1.70% | 1.53% | 1.42% |
| Benchmark | 0.34% | 1.08% | 2.30% | 3.54% | 4.82% | 4.61% | 3.40% | 2.57% | 2.24% | 2.15% | 2.00% | 1.82% | 1.67% | 1.57% |
| Category Average | 0.31% | 2.08% | 2.08% | 3.18% | 4.36% | 4.01% | 2.78% | 2.06% | 1.79% | 1.68% | 1.52% | 1.36% | 1.23% | 1.12% |
| Category Rank | 74 / 278 | 93 / 272 | 90 / 269 | 91 / 266 | 86 / 265 | 61 / 239 | 64 / 230 | 63 / 227 | 65 / 215 | 67 / 200 | 66 / 186 | 62 / 178 | 60 / 171 | 57 / 164 |
| Quartile Ranking | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.43% | 0.40% | 0.39% | 0.44% | 0.39% | 0.37% | 0.43% | 0.40% | 0.35% | 0.41% | 0.36% | 0.36% |
| Benchmark | 0.41% | 0.41% | 0.41% | 0.40% | 0.40% | 0.40% | 0.41% | 0.40% | 0.39% | 0.38% | 0.36% | 0.34% |
1.10% (July 1990)
0.00% (December 1988)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.66% | 0.32% | 0.24% | 0.44% | 1.12% | 1.32% | 0.49% | 0.10% | 1.74% | 4.81% |
| Benchmark | 0.91% | 0.55% | 0.50% | 0.65% | 1.34% | 1.66% | 0.56% | 0.11% | 1.95% | 4.71% |
| Category Average | 0.30% | 0.02% | 0.24% | 0.35% | 0.69% | 1.20% | 0.45% | -0.11% | 1.13% | 4.06% |
| Quartile Ranking | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 |
| Category Rank | 65/ 160 | 82/ 167 | 85/ 172 | 81/ 180 | 90/ 187 | 114/ 203 | 106/ 216 | 97/ 229 | 79/ 233 | 68/ 243 |
4.81% (2023)
0.10% (2021)
| Name | Percent |
|---|---|
| Cash and Equivalents | 96.32 |
| Canadian Corporate Bonds | 3.67 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 96.33 |
| Fixed Income | 3.67 |
| Name | Percent |
|---|---|
| North America | 83.91 |
| Other | 16.09 |
| Name | Percent |
|---|---|
| True | 2.64 |
| King Street Funding Trust 08-Nov-2024 | 2.34 |
| True | 2.32 |
| BAY STR FDG TR DN COML PAPER DISCOUNT NOTE | 2.19 |
| Fusion Trust 07-Jan-2025 | 2.15 |
| Fusion Trust 26-Nov-2024 | 2.07 |
| Zeus Receivables Trust 13-Nov-2024 | 2.06 |
| 9063-8925 Quebec Inc 02-Apr-2025 | 2.06 |
| Merit Trust 02-Apr-2025 | 2.06 |
| Banner Trust 26-Mar-2025 | 2.04 |
CIBC Money Market Fund Class A
Median
Other - Canadian Money Market
| Standard Deviation | 0.55% | 0.60% | 0.48% |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | 0.82% | -1.46% | -2.51% |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.10% | 0.55% | 0.60% | 0.48% |
| Beta | - | - | - | - |
| Alpha | - | - | - | - |
| Rsquared | - | - | - | - |
| Sharpe | - | - | - | - |
| Sortino | - | 0.82% | -1.46% | -2.51% |
| Treynor | - | - | - | - |
| Tax Efficiency | - | - | - | - |
| Start Date | November 30, 1988 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $3,200 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CIB480 |
To maximize interest income while attempting to preserve capital and maintain liquidity by investing primarily in high-quality, short-term debt securities issued by the Government of Canada or any Canadian provincial government, obligations of Canadian banks and trust companies, and commercial paper with an approved credit rating.
To achieve its investment objectives, the Fund: strives to maintain a NAV per unit of $10 by allocating income daily and distributing it monthly but the NAV per unit may fluctuate; adjusts the Fund’s term-to-maturity to reflect the portfolio advisor’s outlook for interest rates (short average term if rates are expected to rise and long average term if rates are expected to fall).
| Name | Start Date |
|---|---|
| Steven Dubrovsky | 12-23-2020 |
| 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 |
| 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 |
| MER | 0.50% |
|---|---|
| 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) | - |
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