CIBC U.S. Dollar Money Market Fund – Premium Class Units
Investment Objective:
To maximize income while attempting to preserve capital and maintain liquidity by investing primarily in highly liquid, low-risk U.S. and Canadian money market instruments denominated in U.S. dollars.
The Fund May Be Suitable for:
- The cash and cash equivalents portion of a diversified investment portfolio
- Investors who want to invest in U.S. dollars
- Those who want quick and easy access to their U.S. dollar investments and/or may need their money in less than one year
- Those with at least $100,000 U.S. to invest (which is the minimum initial investment for Premium Class units of this Fund)
What Are the Risks of Investing in the Fund?
- Despite the Fund's intention to maintain a price of $10 U.S. per unit, there is no guarantee that such price will not go down
- Class risk, derivative risk, fixed income risk, foreign market risk, general market risk, legal and regulatory risk and securities lending, repurchase and reverse repurchase agreements risk
- You will be affected by currency exchange fluctuations if you purchase U.S. dollars to invest in the Fund and then convert U.S. dollars into Canadian dollars when you sell the units of the Fund
- Refer to the Simplified Prospectus for more details
* Volatility (1-6): The lower the volatility ranking, the lower the risk of the fund. Funds with a volatility ranking of 6 are the most risky.
** Other dealers may have different minimum dollar requirements.
† The Fund is not eligible for RRIF or RESP accounts offered by CIBC Securities Inc. Other registered dealers (such as CIBC Investor Services Inc.) may allow you to hold the Fund in their registered accounts.
View CIBC Mutual Funds Financial Reports and Prospectuses
Disclaimers:
Important information about CIBC Securities Inc. and mutual funds
Plan** (Min/Mth):
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