Bringing you live news and features since 2006 

CIBC Asset Management launches new Index ETFs

RELATED TOPICS​

CIBC Asset Management has launched new index exchange-traded funds (ETFs) designed to cover the core exposures in a typical asset allocation strategy. 

These CIBC ETFs aim to replicate the performance of broad market equity and fixed income indices by Morningstar, an independent investment research and index provider.

The funds are: the CIBC Canadian Bond Index ETF; and the CIBC US Equity Index ETF.

“CIBC is pleased to leverage the high-calibre index construction capabilities of Morningstar to present low-cost, diversified solutions for our clients’ investment needs,” says David Scandiffio, President and CEO, CAM.

The ETFs have closed their initial offerings of units and are now trading on the Toronto Stock Exchange 

CAM also expects to launch two additional CIBC ETFs replicating the performance of a Morningstar index within the second quarter of 2021: the CIBC Global Bond ex-Canada Index ETF (CAD-Hedged) and CIBC Emerging Markets Equity Index ETF.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by