Enhanced income potential
Targets a stable 7–8% yield, helping you meet income goals.
CIBC Structured Equity Yield Fund
Access enhanced monthly income through structured notes without the complexity
A smarter way to access structured notes
CIBC Structured Equity Yield Fund offers a straightforward way to access enhanced monthly income and contingent downside protection through a diversified portfolio that replicates the outcome of auto-callable structured notes. Managed by CIBC Global Asset Management’s team of professionals, it provides a streamlined, single-ticket solution that removes the complexity of managing individual structured notes.
Simplicity and efficiency
One-ticket access to a diversified, structured pay-off strategy with built-in rebalancing, dynamic adjustments, and daily liquidity, eliminating the complexity of managing individual structured notes.
Built-in contingent downside protection
Active management provides contingent downside protection to help reduce the impact of market declines, offering greater risk control than traditional funds.
Global diversification without the currency risk
Access to global investment opportunities across geographies and sectors, while fully hedged against non-Canadian currency exposures.
Fit within a portfolio
The CIBC Structured Equity Yield Fund is designed to complement traditional equity and fixed income holdings by providing a differentiated source of yield and risk-adjusted returns.
Structured notes occupy a unique position in a diversified portfolio, offering higher return potential than traditional fixed income while maintaining lower risk than equities.
Global Beta & Structured Solutions Team
The Global Beta & Structured Solutions Team helps investors solve for their unique investment and implementation objectives. Drawing on a broad spectrum of financial instruments and engineering methods, our mission is to construct solutions that deliver specific outcomes. As a result, we facilitate a distinct approach to portfolio construction that helps investors maximize their probability of success across diverse market conditions.
Frequently asked questions
Structured notes are investment products that combine features of bonds and derivatives to provide tailored outcomes, such as enhanced income or conditional downside protection. Their risk level typically falls between bonds and equities, making them a useful way to diversify and potentially enhance returns alongside traditional investments.
Auto-callable notes are investment products linked to assets like equities, indices, or ETFs. They offer higher coupons and conditional downside protection. If the reference asset is above a set level on an observation date, the note is automatically redeemed early, and investors receive their principal plus coupon.
Contingent downside protection means your principal and coupon payments are protected unless the reference asset falls below a specified level. If this level is breached on an observation date, no coupon is paid.
Investing in individual structured notes can be complex and time-consuming, as it requires ongoing oversight and can be difficult to access or rebalance. The CIBC Structured Equity Yield Fund simplifies this process by offering a single-ticket solution, removing the need for note selection, due diligence, monitoring, and minimum investment requirements.
The Fund may replicate the outcome of auto-callable structured notes either directly by investing in structured notes or indirectly through derivative instruments, depending on market conditions and what the portfolio management team determines to be the most efficient and cost-effective.
Resources and insights
CIBC Structured Equity Yield Fund: Feature sheet
An overview of CIBC Structured Equity Yield Fund, highlighting key details, features and benefits for investors.
Global Beta & Structured Solutions Team
Learn more about the portfolio management team behind the fund.
Research: CIBC Structured Equity Yield Fund – enhanced yield and downside mitigation
Learn how the construction and management of the fund by the Global Beta & Structured Outcomes Team.
Ready to take the complexity out of structured note investing?
To find out if CIBC Structured Equity Yield Fund is suitable for you, speak to your licensed financial professional.
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 Securities Inc. is a wholly-owned subsidiary of CIBC and is the principal distributor of the CIBC Mutual Funds. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the CIBC simplified prospectus before investing. Alternatively, you may obtain a copy from your advisor. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
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