Prospectus

Renaissance Investments family of funds, Axiom Portfolios, CIBC Private Pools (formerly Renaissance Private Pools), CIBC Fixed Income Pools, CIBC Fixed Income Funds and CIBC Alternative Mutual Funds

Simplified Prospectus - August 28, 2023

Amendment No. 1 – March 22, 2024

CIBC Investment Grade Bond Funds

Simplified Prospectus - January 23, 2024

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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.