November 19, 2020

CIBC Asset Management recognized at 2020 Lipper Fund Awards

On Thursday, November 19th 2020, CIBC Asset Management was named the winner of twelve 2020 Lipper Fund Awards. These awards recognize funds that excel in providing consistently strong, risk-adjusted relative performance.

These wins emphasize the high-quality investment management services and solutions we provide to individual and institutional investors, and our commitment to making our clients’ ambitions a reality.

Our award-winning funds

Fund	Category	2020 Lipper Fund Award
Renaissance Floating Rate Income Fund	Floating Rate Loan	3-year
Renaissance Global Bond Fund	Global Fixed Income	10-year
Renaissance Global Small-Cap Fund	Global Small/Mid Cap Equity	3-year 5-year
Renaissance U.S. Dollar Corporate Bond Fund	Global Corporate Fixed Income	5-year
Renaissance U.S. Dollar Diversified Income Fund	Global Fixed Income Balanced	3-year 5-year
CIBC U.S. Dollar Managed Income Portfolio	Canadian Fixed Income Balanced	3-year
CIBC Global Technology Fund	Global Equity	3-year 5-year
CIBC Balanced Index Fund	Canadian Fixed Income Balanced	5-year
CIBC Nasdaq Index Fund	U.S. Equity	10-year

_{This document 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. Individual circumstances and current events are critical to sound investment planning; anyone wishing to act on this document should consult with his or her advisor. All opinions and estimates expressed in this document are as of the date of publication unless otherwise indicated, and are subject to change. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. ®CIBC Asset Management and the CIBC logo are registered trademarks of Canadian Imperial Bank of Commerce (CIBC), used under license. The material and/or its contents may not be reproduced without the express written consent of CIBC Asset Management Inc.

Renaissance Floating Rate Income Class A was awarded the 2020 Lipper Fund Award in Floating Rate Loan for the 3-year period ending July 31, 2020 out of a total of 11 funds. Renaissance Global Bond Class A was awarded the 2020 Lipper Fund Award in Global Fixed Income for the 10-year period ending July 31, 2020 out of a total of 21 funds. Renaissance Global Small-Cap Class A was awarded the 2020 Lipper Fund Award in Global Small/Mid Cap Equity for the 3-year period ending July 31, 2020 out of a total of 26 funds. Renaissance Global Small-Cap Class A was awarded the 2020 Lipper Fund Award in Global Small/Mid Cap Equity for the 5-year period ending July 31, 2020 out of a total of 25 funds. Renaissance U.S. Dollar Corporate Bond Class A was awarded the 2020 Lipper Fund Award in Global Corporate Fixed Income for the 5-year period ending July 31, 2020 out of a total of 10 funds. Renaissance U.S. Dollar Diversified Income Class A was awarded the 2020 Lipper Fund Award in Global Fixed Income Balanced for the 3-year period ending July 31, 2020 out of a total of 69 funds. Renaissance U.S. Dollar Diversified Income Class A was awarded the 2020 Lipper Fund Award in Global Fixed Income Balanced for the 5-year period ending July 31, 2020 out of a total of 50 funds. CIBC U.S. Dollar Managed Income Class A was awarded the 2020 Lipper Fund Award in Canadian Fixed Income Balanced for the 3-year period ending July 31, 2020 out of a total of 79 funds. CIBC Global Technology Class A was awarded the 2020 Lipper Fund Award in Global Equity for the 3-year period ending July 31, 2020 out of a total of 210 funds. CIBC Global Technology Class A was awarded the 2020 Lipper Fund Award in Global Equity for the 5-year period ending July 31, 2020 out of a total of 181 funds. CIBC Balanced Index Class A was awarded the 2020 Lipper Fund Award in Canadian Fixed Income Balanced for the 5-year period ending July 31, 2020 out of a total of 74 funds. CIBC Nasdaq Index Class A was awarded the 2020 Lipper Fund Award in US Equity for the 10-year period ending July 31, 2020 out of a total of 89 funds.

Performance for the Renaissance Floating Rate Income Class A fund for the period ended October 31, 2020 is as follows: 2.7% (1 year), 3.4% (3 years), 3.2% (5 years), and 5.8% (since inception on September 16, 2013). The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 5 (3 years), 4 (5 years), N/A (10 years). Performance for the Renaissance Global Bond Class A fund for the period ended October 31, 2020 is as follows: 2.6% (1 year), 2.0% (3 years), 2.8% (5 years), 4.2% (10 years) and 3.9% (since inception on October 21, 1992). The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 2 (3 years), 3 (5 years), 4 (10 years). Performance for the Renaissance Global Small-Cap Class A fund for the period ended October 31, 2020 is as follows: 23.7% (1 year), 15.1% (3 years), 12.4% (5 years), 13.0% (10 years) and 8.7% (since inception on February 2, 1998). The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 4 (3 years), 3 (5 years), 1 (10 years). Performance for the Renaissance U.S. Dollar Corporate Bond Class A fund for the period ended October 31, 2020 is as follows: 6.2% (1 year), 4.7% (3 years), 5.0% (5 years) and 4.4% (since inception on September 16, 2013). The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 5 (3 years), 4 (5 years), N/A (10 years). Performance for the Renaissance U.S. Dollar Diversified Income Class A fund for the period ended October 31, 2020 is as follows: 3.8% (1 year), 4.5% (3 years), 5.5% (5 years) and 4.8% (since inception on September 16, 2013). The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 5 (3 years), 5 (5 years), N/A (10 years). Performance for the CIBC U.S. Dollar Managed Income Class A fund for the period ended October 31, 2020 is as follows: 4.0% (1 year), 3.5% (3 years), 3.4% (5 years), 2.8% (10 years) and 3.5% (since inception on October 28, 2002). The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 5 (3 years), 4 (5 years), 5 (10 years). Performance for the CIBC Global Technology Class A fund for the period ended October 31, 2020 is as follows: 46.1% (1 year), 23.9% (3 years), 20.2% (5 years), 19.3% (10 years) and 8.7% (since inception on December 11, 1995). The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 5 (3 years), 5 (5 years), 5 (10 years). Performance for the CIBC Balanced Index Class A fund for the period ended October 31, 2020 is as follows: 2.0% (1 year), 3.5% (3 years), 4.7% (5 years), 5.1% (10 years) and 4.4% (since inception on December 4, 1998). The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 3 (3 years), 5 (5 years), 5 (10 years). Performance for the CIBC Nasdaq Index Class A fund for the period ended October 31, 2020 is as follows: 37.5% (1 year), 21.8% (3 years), 19.0% (5 years), 20.8% (10 years) and 4.9% (since inception on September 26, 2000). The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 5 (3 years), 5 (5 years), 5 (10 years).

The Lipper Fund Awards, granted annually, are part of the Thomson Reuters Awards for Excellence awarded by Lipper, Inc. and highlight funds that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Lipper Fund Awards are based on the Lipper Ratings for Consistent Return, which is a risk-adjusted performance measure calculated over 36, 60 and 120 month periods. The highest 20% of funds in each category are named Lipper Leaders for Consistent Return and receive a score of 5, the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2 and the lowest 20% are scored 1. The highest Lipper Leader for Consistent Return in each category wins the Lipper Fund Award. Lipper Leader ratings change monthly. For more information, see www.lipperweb.com. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns.

Lipper Fund Awards from Refinitiv, ©2020 Refinitiv. All rights reserved. Used under license.}