CIBC Asset Management reduces management fees on select fixed income mutual funds and ETF solution

To reinforce its commitment to providing value and competitive pricing for Canadian investors, CIBC Asset Management Inc. (CAM) announced management fee reductions on select investment products.Effective June 16, 2020, CAM reduced management fees on the following Renaissance fixed-income mutual funds and ETF solution:

FundCurrent Management Fee (%)New Management Fee (%)
Renaissance Flexible Yield Fund - Class A1.501.45
Renaissance Flexible Yield Fund - Class H1.501.45
Renaissance Flexible Yield Fund - Class F0.750.70
Renaissance Flexible Yield Fund - Class FH0.750.70
Renaissance High-Yield Bond Fund - Class A1.501.45
Renaissance High-Yield Bond Fund - Class F0.750.70
ETFTSX Ticker SymbolCurrent Management Fee (%)New Management Fee (%)
CIBC Flexible Yield ETF (CAD-Hedged)CFLX0.750.70
Back to Timeline View
Contact Us
Accessibility at CIBC
Text Size: font size minimizing activefont size minimizing inactive font size maximizing activefont size maximizing inactive

DoubleLine® is a registered trademark of DoubleLine Capital LP.

Copyright 2024 CIBC Asset Management Inc. Renaissance Investments and Axiom Portfolios are offered by CIBC Asset Management Inc.

Renaissance Investments family of funds the Axiom Portfolios, the CIBC Private Pools, the CIBC Fixed Income Pools, the CIBC Fixed Income Funds, the CIBC Alternative Funds and the CIBC ETFs are managed by CIBC Asset Management Inc., a subsidiary of Canadian Imperial Bank of Commerce. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments.

Please read the simplified prospectus before investing. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer, nor are they guaranteed. There can be no assurance that a money market fund will be able to maintain its net asset value per unit at a constant amount or that the full amount of your investment will be returned to you. Their values change frequently and past performance may not be repeated. ®Renaissance Investments, ®Axiom and ®Axiom Portfolios are registered trademarks of CIBC Asset Management Inc. Renaissance Investments is offered by CIBC Asset Management Inc.