CIBC Income Advantage Fund — ETF Series

  • CCLO

  •  

  •  

Investment objective

The Fund seeks to provide a high level of current income while preserving capital by investing primarily in a diversified portfolio of AAA rated U.S. floating rate collateralized loan obligations (CLOs). The Fund will attempt to reduce its currency exposure to non-Canadian dollar currencies by implementing a currency hedging strategy that is aimed at protecting the Fund from non-Canadian dollar currency fluctuations.

Why consider this ETF?

  • Mitigate interest rate risk
  • Enhance your income potential
  • Access top-tier credit quality

Fund snapshot (PDF, 195 KB) Opens a new window.

Fund profile (PDF, 165 KB) Opens a new window.

Net Assets  
Closing Market Price  
Closing NAV Price  
12 Month low/high Market Price  
12 Month low/high NAV Price  
Market Volume  
Units Outstanding  
Inception Date 05/21/2025 
Risk Tolerance Low 
Base Currency CAD 
Exchange Cboe Canada 
Benchmark JP Morgan CLOIE Index (CAD-Hedged) 
CUSIP 17164J104 
Management Fee 0.30% 
Management Expense Ratio (MER) N/A*
Eligible for Registered Plans Yes 

Due to regulations performance cannot be displayed in the first year of inception.

Average Credit Quality  
Average Coupon  
Average Yield to Maturity  
Distribution Yield  
Distribution Frequency Monthly 

Asset Allocation


        Note: Only top 10 allocations are shown. Charts may not add up to 100% due to rounding or use of derivatives in the fund.

        Historical Distributions