CIBC Managed Balanced Growth Portfolio

Investment objective:

Investment strategies:

The Portfolio may be suitable for:

What are the risks of investing in the Fund?

Distribution policy:

The Portfolio's Underlying Funds and their percentage weightings may change from time to time. The Portfolio Advisor may also remove or add an Underlying Fund to the Portfolio or change the rebalancing triggers. Such changes may occur at any time at the discretion of the Portfolio Advisor without notice to unitholders and without filing an amendment to the simplified prospectus.

* 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.

Please check with your dealer regarding whether a particular class/series (or purchase option) is available for purchase within a registered account.

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