Enhance your income potential
Build a more robust income stream with the potential for higher yields in today’s evolving fixed income landscape.
CIBC Income Advantage Funds
Unlock the potential for enhanced income and diversity your portfolio with high-quality Collaterized Loan Obligations (CLOs).
Discover the advantage of CLOs with CIBC Income Advantage Funds
Explore how high-quality CLOs can provide opportunities for enhanced income and diversification in your portfolio.
Access top-tier credit quality
Gain exposure to a unique asset class of predominately AAA-rated U.S. CLOs, generally considered to have strong credit quality and lower risk relative to other fixed income segments.
Migrate interest rate risk
Focused on floating rate securities to help manage interest rate risk while seeking to provide consistent income in changing market conditions.
Strengthen your portfolio with diversification
Diversify your portfolio holdings with exposure to high credit quality U.S. CLOs, offering low correlation to traditional fixed-income securities, helping to reduce volatility and enhance your portfolio's resilience over time.
CLO portfolio composition
Below is a breakdown of the Funds’ credit ratings, illustrating the range of high-quality CLO segments, primarily focusing on AAA-rated portions with exposure to AA/A-rated securities for diversification.
CIBC Income Advantage Funds explained
CIBC Income Advantage Funds are actively managed by the CIBC Asset Management Fixed Income Team, with over 50 years of expertise.
Aaron Young, Vice-President, Global Fixed Income at CIBC Asset Management discusses the opportunity with CIBC Income Advantage Funds.
Why invest in CLOs: The opportunity in collateralized loan obligations
Investing in CLOs offers a compelling opportunity for investors looking to broaden their income sources. These debt instruments, traditionally utilized by banks, insurance companies, and pension plans, offer distinct benefits that provide an income advantage for your portfolio.
CLOs represent a distinct asset class, offering investment opportunities that may not be available through traditional fixed-income options.
CLOs provide an opportunity for higher yields compared to traditional fixed-income investments, making them an attractive option for income-seeking investors.
Many CLOs feature floating-rate instruments that adjust to changes in interest rates, offering potential protection against rising rates and enhancing income stability.
Investing in CLOs allows access to a diversified pool of senior secured loans, helping to spread risk across various sectors and reduce reliance on any single investment.
Resources and insights
CIBC Income Advantage Funds: Feature sheet
An overview of CIBC Income Advantage Funds, highlighting key features and benefits.
CIBC Income Advantage Funds: Your guide to enhanced income solutions
Learn more about CIBC Income Advantage Funds and CLOs to enhance your income solutions.
An investor's guide to understanding Collateral Loan Obligations (CLOs)
What is a CLO and how does it work? This guide simplifies the basics of CLOs for new investors.
Get Started
Ready to invest? To find out if CIBC Income Advantage Funds are 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.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus before investing. To obtain a copy of the simplified prospectus, call 1-888-888-FUND (3863). Alternatively, you may obtain a copy from your advisor.
Any information or discussion about the current characteristics of this mutual fund or how the portfolio manager is managing the mutual fund that is supplementary to information in the prospectus is not a discussion about material investment objectives or strategies, but solely a discussion of the current characteristics or manner of fulfilling the investment objectives and strategies, and is subject to change without notice.
Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer, nor are they guaranteed.
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Past performance may not be repeated and is not indicative of future results.
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