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 Short-Term Income Fund Class A

Cdn Short Term Fixed Inc

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(08-22-2025)
$11.30
Change
$0.01 (0.13%)

As at July 31, 2025

As at July 31, 2025

Period
Created with Highcharts 10.3.3Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jul 2025Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024$10,000$10,500$11,000$11,500$12,000$12,500$9,500Period

Legend

CIBC Short-Term Income Fund Class A

Compare Options


Fund Returns

Inception Return (December 06, 1974): 5.08%

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 -0.08% 0.30% 1.00% 1.77% 4.00% 5.24% 3.40% 1.16% 0.90% 1.37% 1.65% 1.40% 1.09% 1.00%
Benchmark -0.08% 0.36% 1.21% 2.05% 4.65% 5.95% 3.91% 1.91% 1.64% 2.17% 2.44% 2.22% 1.94% 1.87%
Category Average -0.03% 0.42% 1.12% 1.84% 4.04% 5.33% 3.63% 1.61% 1.50% 1.83% 2.01% 1.78% 1.57% 1.47%
Category Rank 251 / 291 230 / 287 215 / 278 202 / 277 197 / 265 163 / 223 170 / 207 172 / 196 162 / 187 159 / 179 145 / 171 139 / 159 127 / 145 120 / 136
Quartile Ranking 4 4 4 3 3 3 4 4 4 4 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3-1%0%1%1%2%
Monthly Return
Return % Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Fund 0.49% 1.25% -0.38% 0.55% 0.28% 0.76% 0.40% 0.26% 0.04% 0.12% 0.26% -0.08%
Benchmark 0.63% 1.26% -0.30% 0.48% 0.46% 0.83% 0.52% 0.31% 0.02% 0.16% 0.27% -0.08%

Best Monthly Return Since Inception

4.55% (November 1981)

Worst Monthly Return Since Inception

-3.29% (March 1994)

Calendar Return (%)

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 1.12% 0.01% -0.74% 0.50% 2.62% 4.31% -1.96% -4.99% 4.54% 4.92%
Benchmark 2.56% 0.90% 0.27% 1.89% 2.98% 5.17% -0.92% -3.98% 4.92% 5.71%
Category Average 0.55% 0.85% 0.42% 0.53% 2.93% 4.36% -0.83% -4.45% 4.84% 5.17%
Quartile Ranking 3 4 4 4 3 3 4 4 3 4
Category Rank 85/ 136 125/ 141 128/ 145 142/ 163 120/ 173 131/ 183 180/ 189 160/ 198 145/ 210 187/ 229

Best Calendar Return (Last 10 years)

4.92% (2024)

Worst Calendar Return (Last 10 years)

-4.99% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 49.21
Canadian Corporate Bonds 43.13
Foreign Corporate Bonds 3.15
Cash and Equivalents 1.67
Mortgages 1.24
Other 1.60

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 97.80
Cash and Cash Equivalent 1.67
Mutual Fund 0.53

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Canada Government 1.25% 01-Mar-2027 4.35
Canada Housing Trust No 1 1.75% 15-Jun-2030 4.07
Canada Housing Trust No 1 2.35% 15-Jun-2027 3.53
Canada Housing Trust No 1 2.10% 15-Sep-2029 3.51
Canada Housing Trust No 1 2.65% 15-Dec-2028 3.44
Canada Housing Trust No 1 3.60% 15-Dec-2027 3.09
Canada Government 2.75% 01-Sep-2027 2.47
Canada Housing Trust No 1 1.55% 15-Dec-2026 1.97
Canada Housing Trust No 1 2.65% 15-Mar-2028 1.90
Canada Housing Trust No 1 2.90% 15-Dec-2029 1.82

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return12345678-2%0%2%4%6%8%

CIBC Short-Term Income Fund Class A

Median

Other - Cdn Short Term Fixed Inc

3 Yr Annualized

Standard Deviation 2.42% 2.49% 2.03%
Beta 1.03% 1.05% 1.04%
Alpha -0.01% -0.01% -0.01%
Rsquared 0.98% 0.98% 0.97%
Sharpe -0.26% -0.65% -0.36%
Sortino 0.23% -0.99% -1.13%
Treynor -0.01% -0.02% -0.01%
Tax Efficiency 74.72% 18.25% 37.44%
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 1.45% 2.42% 2.49% 2.03%
Beta 0.99% 1.03% 1.05% 1.04%
Alpha -0.01% -0.01% -0.01% -0.01%
Rsquared 0.97% 0.98% 0.98% 0.97%
Sharpe 0.51% -0.26% -0.65% -0.36%
Sortino 1.25% 0.23% -0.99% -1.13%
Treynor 0.01% -0.01% -0.02% -0.01%
Tax Efficiency 73.97% 74.72% 18.25% 37.44%

Fund Details

Start Date December 06, 1974
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,266

Fund Codes

FundServ Code Load Code Sales Status
CIB475

Investment Objectives

To provide a high level of income and some capital growth while attempting to preserve capital by investing primarily in first mortgages on Canadian residential and commercial properties that are National Housing Act insured, mortgage-backed securities, and short-term debt securities of Canadian governments and corporations.

Investment Strategy

To achieve its investment objectives, the Fund: 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); allocates assets to sectors of the bond and mortgage market (Government of Canada bonds, provincial bonds, corporate bonds, first mortgages, and mortgage-backed securities), depending upon market outlook.

Portfolio Management

Portfolio Manager

CIBC Asset Management Inc.

  • John W. Braive
  • Jeffrey M. Waldman
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 1.04%
Management Fee 0.95%
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