*Due to regulations, the Management Expense Ratio can’t be displayed in the first year of inception.
This material is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to.
CIBC ETFs are managed by CIBC Asset Management Inc. (“CAM”), a subsidiary of Canadian Imperial Bank of Commerce. Commissions, management fees and expenses all may be associated with investments in exchange traded funds (ETFs). Please read the CIBC ETFs prospectus and ETF Facts document before investing. To obtain a copy, call 1-888-888-3863, ask your advisor or visit CIBC.com/etfs. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.
The MERs have been annualized as at December 31, 2024 as disclosed in the CIBC ETFs Management Report of Fund Performance. We may, in some cases, waive or absorb all or a portion of the fund’s operating expenses, Fixed Administration Fee and fund Costs, as applicable. The decision to waive or absorb is at our discretion and may continue indefinitely or be terminated at any time without notice to unitholders.
The fund pays a management fee and fixed administration fee to the Manager in respect of ETF Series units. The fund also pays fund costs and transaction costs. For more information about the fees and costs of the fund, please read the prospectus.
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