Prices - CIBC Multi-Asset Absolute Return Strategy

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.

,p>Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer, nor are they guaranteed.

The CIBC Multi Asset Absolute Return Strategy fund is permitted to invest in certain assets and employ alternative investment strategies generally prohibited by conventional mutual funds. The CIBC Multi Asset Absolute Return Strategy fund may use leverage through the use of derivatives, short sales, and/or borrowing within prescribed limits.

The fund may also use derivatives for currency management purposes. The fund’s use of derivatives may introduce leverage into the fund. Leverage occurs when the fund’s notional exposure to underlying assets is greater than the amount invested and is an investment technique that can magnify gains and losses.

The material and/or its contents may not be reproduced without the express written consent of CIBC Asset Management Inc.