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CIBC 2027 Investment Grade Bond Fund Series A

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Global Fixed Income

NAVPS
(12-19-2024) 		$10.46
Change
-$0.01 (-0.08%)

As at November 30, 2024

As at November 30, 2024

Period
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Legend

CIBC 2027 Investment Grade Bond Fund Series A

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Fund Returns

Inception Return (January 29, 2024): 5.95%

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 0.59% 1.89% 4.92% - - - - - - - - - - -
Benchmark 0.95% 2.48% 7.46% 6.58% 8.13% 4.72% -1.40% -2.27% -0.71% 0.73% 0.67% 0.80% 1.16% 2.23%
Category Average 1.03% 0.79% 4.47% 3.63% 6.80% 4.30% -0.77% -0.95% 0.29% 1.39% 0.89% 1.20% 1.33% 1.41%
Category Rank 502 / 565 135 / 562 255 / 540 - - - - - - - - - - -
Quartile Ranking 4 1 2 - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund - - 0.04% 0.40% -0.56% 0.84% 0.83% 1.60% 0.52% 1.50% -0.20% 0.59%
Benchmark 1.46% 0.01% 0.00% 0.40% -1.24% 0.00% 1.16% 3.88% -0.22% 1.89% -0.37% 0.95%

Best Monthly Return Since Inception

1.60% (July 2024)

Worst Monthly Return Since Inception

-0.56% (April 2024)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - -
Benchmark 10.42% 16.63% -1.36% -0.08% 7.82% 1.45% 7.03% -6.05% -10.83% 2.72%
Category Average 4.74% 2.92% 2.08% 2.75% -0.04% 5.49% 5.94% -1.81% -10.70% 5.33%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 92.34
Canadian Government Bonds 6.95
Cash and Equivalents 0.71

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 99.29
Cash and Cash Equivalent 0.71

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Canadian Western Bank 1.82% 16-Dec-2027 7.01
Canadian Imperial Bank Commrce 2.25% 07-Jan-2027 6.69
Bank of Nova Scotia 1.40% 01-Nov-2027 6.58
Sun Life Financial Inc 2.58% 10-May-2027 5.81
Ontario Province 1.05% 08-Sep-2027 5.72
Toronto-Dominion Bank 3.06% 26-Jan-2027 5.70
Royal Bank of Canada 2.94% 03-May-2027 5.01
Dollarama Inc 1.51% 20-Sep-2027 4.98
Saputo Inc 2.24% 07-Apr-2027 4.98
RioCan REIT 2.36% 10-Mar-2027 4.95

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: M.

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date January 29, 2024
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
ATL7008

Investment Objectives

To provide income over a pre-determined time period by investing in a portfolio consisting primarily of Canadian-dollar denominated bonds with an effective maturity date in 2027. The Fund will terminate on or about November 30, 2027, or any other date upon not less than 60 days' notice to unitholders.

Investment Strategy

The Fund will invest primarily in Candian-dollar corporate and government bonds that are, at the time of purchase, investment grade bonds, with an effective maturity in the calendar year outlined in the investment objective.

Portfolio Manager(s)

Name Start Date
CIBC Asset Management Inc. 01-23-2024

Management and Organization

Fund Manager CIBC Asset Management Inc.
Advisor CIBC Asset Management Inc.
Custodian CIBC Mellon Trust Company
Registrar CIBC Asset Management Inc.
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal -

Fees

MER 0.51%
Management Fee 0.40%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.25%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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