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CIBC Canadian Short-Term Bond Index Fund Class A
Cdn Short Term Fixed Inc
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FundGrade E
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|
NAVPS (06-23-2026) |
$9.42 |
|---|---|
| Change |
$0.01
(0.09%)
|
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (September 28, 1993): 3.18%
| 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 | 0.65% | -0.35% | 0.29% | 0.64% | 1.94% | 3.85% | 3.70% | 2.75% | 1.10% | 0.96% | 1.26% | 1.49% | 1.12% | 1.07% |
| Benchmark | 0.74% | -0.10% | 0.81% | 1.09% | 2.98% | 4.83% | 4.74% | 3.70% | 2.12% | 2.00% | 2.27% | 2.49% | 2.13% | 2.08% |
| Category Average | 0.61% | -0.08% | 0.69% | 0.88% | 2.52% | 4.16% | 4.27% | 3.31% | 1.75% | 1.86% | 1.93% | 2.04% | 1.74% | 1.69% |
| Category Rank | 171 / 302 | 289 / 297 | 276 / 292 | 274 / 293 | 246 / 271 | 192 / 243 | 190 / 214 | 185 / 203 | 178 / 191 | 173 / 180 | 160 / 173 | 152 / 167 | 147 / 158 | 133 / 144 |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.17% | -0.16% | 0.47% | 0.75% | 0.31% | 0.10% | -0.35% | 0.37% | 0.62% | -0.97% | -0.02% | 0.65% |
| Benchmark | 0.27% | -0.08% | 0.59% | 0.75% | 0.38% | 0.22% | -0.27% | 0.45% | 0.74% | -0.88% | 0.04% | 0.74% |
Best Monthly Return Since Inception
3.60% (February 1995)
Worst Monthly Return Since Inception
-4.26% (March 1994)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.03% | -0.89% | 0.88% | 2.08% | 4.19% | -2.06% | -4.93% | 3.93% | 4.64% | 2.84% |
| 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 | 3 | 4 | 3 | 4 | 4 | 4 | 4 | 4 |
| Category Rank | 125/ 142 | 135/ 146 | 108/ 162 | 141/ 169 | 132/ 179 | 180/ 185 | 152/ 194 | 186/ 206 | 199/ 224 | 223/ 261 |
Best Calendar Return (Last 10 years)
4.64% (2024)
Worst Calendar Return (Last 10 years)
-4.93% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Government Bonds | 64.14 |
| Canadian Corporate Bonds | 33.99 |
| Foreign Government Bonds | 0.74 |
| Canadian Bonds - Other | 0.47 |
| Cash and Equivalents | 0.38 |
| Other | 0.28 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 99.62 |
| Cash and Cash Equivalent | 0.38 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.92 |
| Asia | 0.09 |
| Other | -0.01 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Government 2.50% 01-Aug-2027 | 9.21 |
| Canada Government 2.75% 01-Mar-2030 | 7.65 |
| Canada Government 3.50% 01-Mar-2028 | 6.57 |
| Canada Government 2.75% 01-Sep-2030 | 5.09 |
| Canada Housing Trust No 1 2.10% 15-Sep-2029 | 4.66 |
| Canada Government 3.25% 01-Sep-2028 | 3.00 |
| Canada Government 3.50% 01-Sep-2029 | 2.88 |
| Canada Housing Trust No 1 2.90% 15-Dec-2029 | 2.58 |
| Hydro-Quebec 3.40% 01-Sep-2029 | 1.91 |
| Canada Government 2.00% 01-Jun-2028 | 1.80 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
CIBC Canadian Short-Term Bond Index Fund Class A
Median
Other - Cdn Short Term Fixed Inc
3 Yr Annualized
| Standard Deviation | 2.03% | 2.57% | 2.06% |
|---|---|---|---|
| Beta | 1.04 | 1.05 | 1.04 |
| Alpha | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.99% | 0.99% | 0.99% |
| Sharpe | 0.04 | -0.69 | -0.40 |
| Sortino | 0.53 | -0.86 | -1.07 |
| Treynor | 0.00 | -0.02 | -0.01 |
| Tax Efficiency | 77.64% | 35.44% | 38.96% |
| Volatility |
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|
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Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.70% | 2.03% | 2.57% | 2.06% |
| Beta | 1.00 | 1.04 | 1.05 | 1.04 |
| Alpha | -0.01 | -0.01 | -0.01 | -0.01 |
| Rsquared | 1.00% | 0.99% | 0.99% | 0.99% |
| Sharpe | -0.24 | 0.04 | -0.69 | -0.40 |
| Sortino | -0.73 | 0.53 | -0.86 | -1.07 |
| Treynor | 0.00 | 0.00 | -0.02 | -0.01 |
| Tax Efficiency | 56.21% | 77.64% | 35.44% | 38.96% |
Fund Details
| Start Date | September 28, 1993 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $235 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| ATL489 |
Investment Objectives
To provide a high level of income and some capital growth, while attempting to preserve capital. The Fund is managed to obtain a return that approximates the performance of the FTSE Canada Short Term Overall Bond Index. The FTSE Canada Short Term Overall Bond Index is intended to represent the Canadian short-term bond market. It contains bonds with remaining effective terms greater than or equal to one year and less than or equal to five years.
Investment Strategy
To achieve its investment objectives, the Fund: uses passive management strategies to create a portfolio with characteristics similar to the FTSE Canada Short Term Overall Bond Index, allowing the Fund to obtain a return that approximates the performance of that index; may invest in index participation units or units of exchange-traded funds.
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 | 1.09% |
|---|---|
| Management Fee | 1.25% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.25% |
| Trailer Fee Max (LL) | - |
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