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CIBC Canadian Real Estate Fund Class A

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Real Estate Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-02-2025) 		$35.72
Change
$0.26 (0.74%)

As at March 31, 2025

As at March 31, 2025

As at March 31, 2025

Period
Created with Highcharts 10.3.3Jan 1999Jan 2001Jan 2003Jan 2005Jan 2007Jan 2009Jan 2011Jan 2013Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025Apr 2022Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2001Jan 2005Jan 2009Jan 2013Jan 2017Jan 2021$10,000$30,000$50,000$70,000-$10,000$7,000$8,000$9,000Period

Legend

CIBC Canadian Real Estate Fund Class A

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Fund Returns

Inception Return (September 22, 1997): 6.23%

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 -1.44% -0.19% -10.02% -0.19% 4.83% 4.19% -3.84% 1.18% 6.37% 2.50% 4.48% 3.80% 4.15% 3.74%
Benchmark -2.77% 2.36% -0.45% 2.36% 12.64% 10.77% 1.75% 5.62% 8.40% 3.16% 5.08% 4.28% 4.12% 4.20%
Category Average -1.67% 2.11% -5.13% 2.11% 6.55% 5.67% -1.98% 2.40% 5.72% 2.12% 3.76% 3.57% 3.52% 3.25%
Category Rank 33 / 148 142 / 145 140 / 145 142 / 145 122 / 143 120 / 138 118 / 136 115 / 128 53 / 122 56 / 119 44 / 106 49 / 100 47 / 98 41 / 86
Quartile Ranking 1 4 4 4 4 4 4 4 2 2 2 2 2 2

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%
Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -6.69% 2.41% 0.98% 8.95% 5.58% 4.95% -5.31% 1.97% -6.63% 0.12% 1.15% -1.44%
Benchmark -4.98% 2.73% 1.36% 6.91% 3.93% 2.91% -1.89% 3.52% -4.24% 2.57% 2.64% -2.77%

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 55.94
US Equity 21.49
Canadian Equity 19.85
Cash and Equivalents 2.73
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Real Estate 88.89
Healthcare 7.09
Cash and Cash Equivalent 2.72
Financial Services 1.31
Other -0.01

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
RioCan REIT - Units 8.11
Canadian Apartment Properties REIT - Units 6.61
FirstService Corp 5.91
Choice Properties REIT - Units 5.59
Granite REIT - Units 5.35
Colliers International Group Inc 4.63
Boardwalk REIT - Units 4.42
Chartwell Retirement Residences - Units 3.63
Sienna Senior Living Inc 3.46
Flagship Communities REIT - Units 3.43

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 Return4681012141618202224262830-10%-8%-6%-4%-2%0%2%4%6%

CIBC Canadian Real Estate Fund Class A

Median

Other - Real Estate Equity

3 Yr Annualized

Standard Deviation 18.96% 17.19% 15.17%
Beta 1.10% 1.07% 0.91%
Alpha -0.05% -0.02% 0.00%
Rsquared 0.88% 0.86% 0.77%
Sharpe -0.32% 0.31% 0.21%
Sortino -0.38% 0.41% 0.17%
Treynor -0.05% 0.05% 0.03%
Tax Efficiency - 92.35% 81.94%
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 16.96% 18.96% 17.19% 15.17%
Beta 1.26% 1.10% 1.07% 0.91%
Alpha -0.10% -0.05% -0.02% 0.00%
Rsquared 0.88% 0.88% 0.86% 0.77%
Sharpe 0.13% -0.32% 0.31% 0.21%
Sortino 0.27% -0.38% 0.41% 0.17%
Treynor 0.02% -0.05% 0.05% 0.03%
Tax Efficiency 93.20% - 92.35% 81.94%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A32.9​32.962.9​62.90%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A26.7​26.747.0​47.00%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A14.7​14.762.2​62.20%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A63.9​63.954.5​54.50%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

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

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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