As a result of the recent Canada Post service disruption, the mail you receive from Renaissance Investments® will be delayed as service returns to normal. For more information or support, please contact a Client Service Representative at 1 888 888-3863.

close

CIBC 2029 Investment Grade Bond Fund [Series A]

To provide income over a predetermined time period by investing in a portfolio consisting primarily of Canadian dollar-denominated bonds with an effective maturity in 2029. The Fund will terminate on or about November 30, 2029, or such earlier date upon not less than 60 days' notice to unitholders (the Termination Date).
Also available in Series F

Minimum Initial Investment:
Lump Sum

Initial: $500
Subsequent: $100

Distributions: The Fund intends to distribute net income monthly and net realized capital gains annually in December.
Pre-Authorized Chequing Investment: $50 minimum investment for monthly, quarterly, semi-annual or annual deposit.
Systematic Withdrawal Plan: With minimum initial account value of $10,000. Withdrawals may be made monthly, quarterly, semi-annually or annually. $50 minimum.
Inception DateJul 5, 2024
Fund CodeATL7016
Assets Under Management ($000)
As at : 11/29/2024
Logo of CIBC Asset Management

CIBC Asset Management is one of Canada's largest asset management firms and provides a broad range of high-quality global investment management solutions to retail and institutional clients.

Style

 Fund style box visual displaying 1-5 year average duration and A level quality.
Fixed Income Strategy †† Net Rates

Term to Maturity (Years) ††Duration (Years) ††Average YTM (%) ††
As of N/A Source: BNY Mellon Analytics
Term to Maturity (Years)
The time remaining on a bond's life, or the date on which the debt will cease to exist and the borrower will have completely paid off the amount borrowed.

Duration (Years)
Duration is defined as the weighted average time to full recovery of principal and interest.

Yield to Maturity (Average YTM)
The percentage rate of return paid on a bond, note or other fixed income security if the investor buys and holds it to its maturity date. The calculation for YTM is based on the coupon rate, length of time to maturity and market price. It assumes that coupon interest paid over the life of the bond will be reinvested at the same rate.
Performance
3 mo6 moYTD1 yr3 yrs5 yrs10 yrsSince Inception
N/AN/AN/AN/AN/AN/AN/AN/A
3 mo
6 mo
YTD
1 yr
3 yrs
5 yrs
10 yrs
Since Inception
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

Securities regulations do not allow us to report performance for a mutual fund that has been available for less than one year.

††Please refer to the Annual/Interim Management Reports of Fund Performance for further details.

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.

The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions, but do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns.

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.

Past performance may not be repeated.

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