CIBC Short-Term Income Fund - Premium Class Units

Investment objective:

To provide a high level of income and some capital growth, while attempting to preserve capital by investing primarily in first mortgages on Canadian residential and commercial properties that are National Housing Act insured, mortgage-backed securities, and short-term debt securities of Canadian governments and corporations.

Rate Information

The Fund may be suitable for:

  • Part of the Canadian fixed income portion of a diversified investment portfolio
  • Those seeking regular income
  • Those wishing to invest for the short to medium term
  • Those with at least $50,000 to invest (which is the minimum initial investment for Premium Class units of this Fund)

What are the risks of investing in the Fund?

  • Asset-backed and mortgage-backed securities risk, concentration risk, derivative risk, fixed income risk, foreign market risk, general market risk, large investor risk, legal and regulatory risk, securities lending, repurchase, and reverse repurchase agreements risk
  • Refer to the Simplified Prospectus for more details

* Volatility (low to high): The lower the volatility ranking, the lower the risk of the fund. Funds with a volatility ranking of high are the most risky.

** Other dealers may have different minimum dollar requirements.

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