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CIBC Short-Term Income Fund Class A
Cdn Short Term Fixed Inc
Click for more information on Fundata’s FundGrade
FundGrade D
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|
NAVPS (11-04-2026) |
$11.17 |
|---|---|
| Change |
$0.02
(0.19%)
|
As at September 30, 2026
As at September 30, 2026
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Legend
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Fund Returns
Inception Return (December 06, 1974): 4.99%
| 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 | -0.72% | -1.10% | -0.04% | 0.00% | 0.17% | 1.82% | 4.01% | 3.32% | 1.30% | 0.97% | 1.36% | 1.62% | 1.43% | 1.11% |
| Benchmark | -0.65% | -0.92% | 0.18% | 0.48% | 0.81% | 2.44% | 4.65% | 3.84% | 2.03% | 1.68% | 2.13% | 2.39% | 2.22% | 1.93% |
| Category Average | -0.58% | -0.77% | 0.20% | 0.35% | 0.61% | 2.03% | 4.20% | 3.55% | 1.68% | 1.47% | 1.78% | 1.95% | 1.78% | 1.56% |
| Category Rank | 277 / 309 | 281 / 307 | 257 / 298 | 261 / 292 | 254 / 288 | 213 / 250 | 163 / 216 | 161 / 202 | 160 / 189 | 155 / 180 | 152 / 175 | 138 / 164 | 134 / 155 | 124 / 142 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.33% | 0.11% | -0.28% | 0.40% | 0.60% | -0.96% | 0.08% | 0.70% | 0.29% | -0.43% | 0.05% | -0.72% |
| Benchmark | 0.38% | 0.22% | -0.27% | 0.45% | 0.74% | -0.88% | 0.04% | 0.74% | 0.32% | -0.36% | 0.09% | -0.65% |
Best Monthly Return Since Inception
4.55% (November 1981)
Worst Monthly Return Since Inception
-3.29% (March 1994)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.01% | -0.74% | 0.50% | 2.62% | 4.31% | -1.96% | -4.99% | 4.54% | 4.92% | 3.22% |
| Benchmark | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% | 5.71% | 3.77% |
| Category Average | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% | 5.17% | 3.22% |
| Quartile Ranking | 4 | 4 | 4 | 3 | 3 | 4 | 4 | 3 | 4 | 3 |
| Category Rank | 124/ 138 | 126/ 142 | 137/ 158 | 115/ 165 | 126/ 175 | 172/ 181 | 156/ 190 | 139/ 202 | 182/ 219 | 178/ 256 |
Best Calendar Return (Last 10 years)
4.92% (2024)
Worst Calendar Return (Last 10 years)
-4.99% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 57.41 |
| Canadian Government Bonds | 35.94 |
| Foreign Corporate Bonds | 2.85 |
| Cash and Equivalents | 1.69 |
| Canadian Bonds - Other | 1.61 |
| Other | 0.50 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 98.30 |
| Cash and Cash Equivalent | 1.70 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.87 |
| Europe | 0.14 |
| Other | -0.01 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Government 2.75% 01-Mar-2031 | 6.54 |
| CANADA HOUSING TRUST NO 1 3.20% 15-Jun-2031 | 6.19 |
| Canada Government 3.00% 01-Sep-2031 | 5.57 |
| Canada Government 2.75% 01-Sep-2030 | 5.09 |
| Ontario Province 2.05% 02-Jun-2030 | 3.13 |
| Ontario Province 2.15% 02-Jun-2031 | 2.50 |
| Toronto-Dominion Bank 3.77% 13-Apr-2029 | 2.40 |
| CANADA HOUSING TRUST NO 1 2.85% 15-Dec-2030 | 2.13 |
| ROYAL BANK OF CANADA 3.83% 27-Mar-2030 | 2.11 |
| CANADIAN IMPERIAL BANK OF COMMERCE 3.70% 02-Apr-2030 | 2.06 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
CIBC Short-Term Income Fund Class A
Median
Other - Cdn Short Term Fixed Inc
3 Yr Annualized
| Standard Deviation | 2.05% | 2.57% | 2.10% |
|---|---|---|---|
| Beta | 1.02 | 1.05 | 1.03 |
| Alpha | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.99% | 0.98% | 0.97% |
| Sharpe | 0.33 | -0.67 | -0.40 |
| Sortino | 0.78 | -0.78 | -1.04 |
| Treynor | 0.01 | -0.02 | -0.01 |
| Tax Efficiency | 75.14% | 35.21% | 39.29% |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.79% | 2.05% | 2.57% | 2.10% |
| Beta | 0.99 | 1.02 | 1.05 | 1.03 |
| Alpha | -0.01 | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.99% | 0.99% | 0.98% | 0.97% |
| Sharpe | -1.14 | 0.33 | -0.67 | -0.40 |
| Sortino | -1.57 | 0.78 | -0.78 | -1.04 |
| Treynor | -0.02 | 0.01 | -0.02 | -0.01 |
| Tax Efficiency | - | 75.14% | 35.21% | 39.29% |
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) | $1,671 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| ATL8102 | NL | Open |
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.
|
|---|---|
| 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) | - |
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