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CIBC Canadian Real Estate Fund Class A

Real Estate Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(08-12-2025)
$37.34
Change
$0.32 (0.86%)

As at July 31, 2025

As at July 31, 2025

Period
Created with Highcharts 10.3.3Jul 2023Jul 2025Oct 2022Jan 2023Apr 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jan 2001Jan 2005Jan 2009Jan 2013Jan 2017Jan 2021Jan 2025Ja…$10,000$8,000$9,000$11,000$12,000Period

Legend

CIBC Canadian Real Estate Fund Class A

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Fund Returns

Inception Return (September 22, 1997): 6.31%

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 0.28% 5.52% 3.76% 3.89% 3.78% 5.78% 2.52% -1.32% 4.52% 3.09% 4.12% 4.52% 3.38% 4.46%
Benchmark 0.44% 1.56% -2.56% -0.06% 3.97% 8.35% 4.05% 1.61% 6.58% 2.83% 3.63% 4.27% 2.91% 4.02%
Category Average -0.25% 2.78% 1.22% 2.68% 2.49% 5.73% 1.48% -0.74% 3.79% 2.15% 3.07% 3.71% 2.76% 3.40%
Category Rank 30 / 149 25 / 149 28 / 146 29 / 145 46 / 145 83 / 143 45 / 138 99 / 128 41 / 127 43 / 120 35 / 106 45 / 104 47 / 100 31 / 88
Quartile Ranking 1 1 1 1 2 3 2 4 2 2 2 2 2 2

Monthly Return

Created with Highcharts 10.3.3-8%-6%-4%-2%0%2%4%6%8%
Monthly Return
Return % Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Fund 5.58% 4.95% -5.31% 1.97% -6.63% 0.12% 1.15% -1.44% -1.36% 4.35% 0.84% 0.28%
Benchmark 3.93% 2.91% -1.89% 3.52% -4.24% 2.57% 2.64% -2.77% -3.86% 1.79% -0.66% 0.44%

Best Monthly Return Since Inception

11.48% (November 2020)

Worst Monthly Return Since Inception

-21.19% (October 2008)

Calendar Return (%)

Created with Highcharts 10.3.3-40%-20%0%20%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 2.34% 10.60% 3.45% -0.19% 21.71% -2.47% 30.95% -24.74% 8.06% 5.37%
Benchmark 21.00% 1.59% 1.40% 2.74% 15.42% -11.04% 30.68% -19.44% 10.39% 10.11%
Category Average 11.96% 1.20% 5.38% 0.16% 19.52% -6.93% 27.77% -21.53% 6.48% 5.17%
Quartile Ranking 4 1 4 3 2 1 2 4 2 3
Category Rank 76/ 84 14/ 98 78/ 100 78/ 104 32/ 112 6/ 122 43/ 128 116/ 128 54/ 138 93/ 143

Best Calendar Return (Last 10 years)

30.95% (2021)

Worst Calendar Return (Last 10 years)

-24.74% (2022)

Asset Allocation

Asset Allocation
Name Percent
Income Trust Units 56.87
US Equity 21.63
Canadian Equity 19.63
Cash and Equivalents 1.88

Sector Allocation

Sector Allocation
Name Percent
Real Estate 88.46
Healthcare 6.39
Cash and Cash Equivalent 1.87
Financial Services 1.44
Other 1.84

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
RioCan REIT - Units 8.29
Canadian Apartment Properties REIT - Units 7.16
FirstService Corp 6.71
Granite REIT - Units 5.79
First Capital REIT - Units 5.64
Choice Properties REIT - Units 4.75
Boardwalk REIT - Units 4.67
Dream Industrial REIT - Units 4.62
Colliers International Group Inc 3.73
Allied Properties REIT - Units 3.63

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 Return46810121416182022242628-6%-4%-2%0%2%4%6%

CIBC Canadian Real Estate Fund Class A

Median

Other - Real Estate Equity

3 Yr Annualized

Standard Deviation 17.25% 17.01% 15.18%
Beta 1.10% 1.05% 0.95%
Alpha -0.02% -0.02% 0.01%
Rsquared 0.86% 0.85% 0.80%
Sharpe 0.00% 0.19% 0.25%
Sortino 0.08% 0.25% 0.23%
Treynor 0.00% 0.03% 0.04%
Tax Efficiency 69.73% 89.94% 84.80%
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.00% 17.25% 17.01% 15.18%
Beta 1.04% 1.10% 1.05% 0.95%
Alpha 0.00% -0.02% -0.02% 0.01%
Rsquared 0.67% 0.86% 0.85% 0.80%
Sharpe 0.10% 0.00% 0.19% 0.25%
Sortino 0.16% 0.08% 0.25% 0.23%
Treynor 0.01% 0.00% 0.03% 0.04%
Tax Efficiency 91.67% 69.73% 89.94% 84.80%

Fund Details

Start Date September 22, 1997
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $34

Fund Codes

FundServ Code Load Code Sales Status
CIB506

Investment Objectives

To provide long-term growth through capital appreciation by investing primarily in the Canadian real estate industry. We will not change the Fund’s fundamental investment objectives without the consent of unitholders by a majority of votes cast at a meeting of unitholders.

Investment Strategy

To achieve its investment objectives, the Fund: uses a bottom-up security approach for company selection based on an assessment of the quality of properties owned and an evaluation of management’s track record. The approach identifies securities that are undervalued versus their peers based on established parameters such as price/earnings, price/cash flow, price/book value, etc. The Fund will invest primarily in real estate investment trust units and publicly-traded Canadian real estate stocks;.

Portfolio Management

Portfolio Manager

CIBC Asset Management Inc.

Sub-Advisor

Lincluden Investment Management

  • Scott Connell
  • Derek Warren

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 2.33%
Management Fee 1.80%
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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