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CIBC Active Investment Grade Floating Rate Bond ETF

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Cdn Short Term Fixed Inc

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024

Click for more information on Fundata’s FundGrade

NAVPS
(05-29-2025) 		$19.88
Change
$0.00 (0.01%)

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Apr 2019Oct 2019Apr 2020Oct 2020Apr 2021Oct 2021Apr 2022Oct 2022Apr 2023Oct 2023Apr 2024Oct 2024Apr 2025Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025$10,000$10,500$11,000$11,500$12,000Period

Legend

CIBC Active Investment Grade Floating Rate Bond ETF

Compare Options

Fund Returns

Inception Return (January 16, 2019): 2.60%

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 0.17% 0.63% 1.74% 0.98% 4.36% 4.90% 4.53% 3.31% 2.94% 2.64% - - - -
Benchmark 0.02% 0.85% 2.65% 1.69% 7.45% 5.10% 3.95% 1.89% 1.83% 2.22% 2.42% 2.02% 2.00% 1.94%
Category Average 0.07% 0.69% 2.21% 1.41% 6.46% 4.71% 3.52% 1.55% 1.77% 1.86% 1.96% 1.64% 1.60% 1.45%
Category Rank 66 / 286 197 / 278 237 / 268 254 / 277 243 / 257 119 / 217 46 / 201 8 / 193 15 / 183 44 / 176 - - - -
Quartile Ranking 1 3 4 4 4 3 1 1 1 1 - - - -

Monthly Return

Created with Highcharts 10.3.3-1%0%1%1%2%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 0.44% 0.38% 0.54% 0.34% 0.52% 0.33% 0.47% 0.29% 0.35% 0.21% 0.24% 0.17%
Benchmark 0.86% 0.79% 1.36% 0.63% 1.26% -0.30% 0.48% 0.46% 0.83% 0.52% 0.31% 0.02%

Best Monthly Return Since Inception

0.70% (April 2020)

Worst Monthly Return Since Inception

-1.09% (March 2020)

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 - - - - - 1.22% 0.34% 1.41% 5.57% 5.18%
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 - - - - - 4 1 1 2 3
Category Rank - - - - - 175/ 182 10/ 188 5/ 197 60/ 209 163/ 229

Best Calendar Return (Last 10 years)

5.57% (2023)

Worst Calendar Return (Last 10 years)

0.34% (2021)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 58.42
Cash and Equivalents 40.77
Canadian Government Bonds 0.81

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 59.23
Cash and Cash Equivalent 40.77

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Bank of Nova Scotia 3.43% 04-Aug-2026 5.76
Canadian Imperial Bank Commrce 3.34% 15-Jul-2026 5.43
Granite REIT Holdings LP 3.55% 11-Dec-2026 5.24
Toronto-Dominion Bank 23-Sep-2025 5.03
Capital Power Corp 4.99% 23-Jan-2026 4.11
VW Credit Canada Inc 3.96% 19-Feb-2027 4.06
Reliant Trust 26-Jan-2026 4.02
Rideau Trail Funding Trust 26-Jan-2026 4.02
BX PURE INDUSTRIAL ISSUER TRUST CANADA 6.00% 15-Apr-2030 4.00
Canadian Imperial Bank Commrce 28-Jan-2028 3.98

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 Return12345678-1%0%1%2%3%4%5%6%7%

CIBC Active Investment Grade Floating Rate Bond ETF

Median

Other - Cdn Short Term Fixed Inc

3 Yr Annualized

Standard Deviation 0.48% 0.72% -
Beta 0.05% 0.15% -
Alpha 0.04% 0.03% -
Rsquared 0.06% 0.25% -
Sharpe 1.09% 0.67% -
Sortino 7.46% -0.18% -
Treynor 0.11% 0.03% -
Tax Efficiency 64.37% 59.90% -
Volatility 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 0.41% 0.48% 0.72% -
Beta 0.18% 0.05% 0.15% -
Alpha 0.03% 0.04% 0.03% -
Rsquared 0.51% 0.06% 0.25% -
Sharpe 1.37% 1.09% 0.67% -
Sortino 14.60% 7.46% -0.18% -
Treynor 0.03% 0.11% 0.03% -
Tax Efficiency 62.20% 64.37% 59.90% -

Fund Details

Start Date January 16, 2019
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $499

Fund Codes

FundServ Code Load Code Sales Status
N/A

Investment Objectives

CIBC Active Investment Grade Floating Rate Bond ETF seeks to generate current income while preserving capital by investing primarily in a portfolio of Canadian debt securities and by using interest rate derivatives that seek to mitigate the effect of interest rate fluctuations.

Investment Strategy

To achieve its investment objectives, CIBC Active Investment Grade Floating Rate Bond ETF invests primarily in a portfolio of (i) Canadian investment-grade floating rate debt obligations and other floating rate debt instruments and/or (ii) Canadian investment-grade debt obligations and other debt instruments that deliver a fixed rate of income while using interest rate derivatives to mitigate the effect of interest rate fluctuations.

Portfolio Management

Portfolio Manager

CIBC Asset Management Inc.
Sub-Advisor

-

Management and Organization

Fund Manager

CIBC Asset Management Inc.
Custodian

CIBC Mellon Trust Company
Registrar

TSX Trust Company
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.34%
Management Fee 0.30%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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