Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.70% 0.46% 8.382M 1800.27
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
6.28% 53.85% -5.092M Upgrade

Basic Info

Investment Strategy
CIBC Flexible Yield ETF (CAD-Hedged) seeks to generate long-term total return and current income by investing primarily in high yielding debt and investment grade fixed income securities of issuers located anywhere in the world. Exposure to these types of securities will be obtained by investing primarily in Renaissance Flexible Yield Fund (or its successor fund), and/or by investing directly in the securities.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class --
Broad Category Fixed Income
Category Name Multi-Sector Fixed Income
Category Index Morningstar Gbl Core Bd GR CAD
Global Category Name Global Fixed Income
YCharts Categorization Global Fixed Income
YCharts Benchmark Bloomberg Global Aggregate (^BBGATR)
Prospectus Objective --
Fund Owner Firm Name CIBC Asset Management Inc.(CAMI)
Prospectus Benchmark Index
Bloomberg US Agg Bond TR USD 100.0%
Broad Asset Class Benchmark Index
^BBGATRCADH 100.0%
Manager Tenure
Jon Hountalas 4.26 yrs
Stephen Gittens 4.26 yrs

Performance Versus Category

 
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View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of May 31, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
--
--
--
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4.09%
-8.80%
5.81%
3.24%
2.60%
1.06%
7.43%
5.33%
-1.39%
-11.53%
6.33%
-1.00%
--
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12.66%
5.22%
1.67%
-15.30%
10.49%
1.58%
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10.36%
5.45%
0.72%
-8.90%
7.17%
1.05%
--
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--
-11.58%
7.02%
1.16%
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As of May 31, 2024.

Asset Allocation

As of April 30, 2024.
Type % Net % Long % Short
Cash 11.23% Upgrade Upgrade
Stock 0.01% Upgrade Upgrade
Bond 91.37% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other -2.61% Upgrade Upgrade

Basic Info

Investment Strategy
CIBC Flexible Yield ETF (CAD-Hedged) seeks to generate long-term total return and current income by investing primarily in high yielding debt and investment grade fixed income securities of issuers located anywhere in the world. Exposure to these types of securities will be obtained by investing primarily in Renaissance Flexible Yield Fund (or its successor fund), and/or by investing directly in the securities.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class --
Broad Category Fixed Income
Category Name Multi-Sector Fixed Income
Category Index Morningstar Gbl Core Bd GR CAD
Global Category Name Global Fixed Income
YCharts Categorization Global Fixed Income
YCharts Benchmark Bloomberg Global Aggregate (^BBGATR)
Prospectus Objective --
Fund Owner Firm Name CIBC Asset Management Inc.(CAMI)
Prospectus Benchmark Index
Bloomberg US Agg Bond TR USD 100.0%
Broad Asset Class Benchmark Index
^BBGATRCADH 100.0%
Manager Tenure
Jon Hountalas 4.26 yrs
Stephen Gittens 4.26 yrs

Top Portfolio Holders

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