PR Newswire | Jan 24, 2022 07:30AM EST

01/24 06:30 CST

CIBC Asset Management announces CIBC ETF cash distributions for January 2022 TORONTO, Jan. 24, 2022

TORONTO, Jan. 24, 2022/CNW/ - CIBC(TSX: CM) (NYSE: CM) - CIBC Asset Management Inc. today announced the January 2022 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools, which distribute monthly.

Unitholders of record on January 31, 2022, will receive cash distributions payable on February 3, 2022. Details of the final "per unit" distribution amounts are as follows:

CIBC ETF Ticker ExchangeCash Distribution Symbols Per Unit ($)

CIBC Active Investment Grade CorporateCACB TSX $0.052 Bond ETF

CIBC Active Investment Grade Floating CAFR TSX $0.017 Rate Bond ETF

CIBC Flexible Yield ETF (CAD-Hedged) CFLX TSX $0.061

CIBC Conservative Fixed Income Pool CCNS TSX $0.037 ETF

CIBC Core Fixed Income Pool ETF CCRE TSX $0.043

CIBC Core Plus Fixed Income Pool ETF CPLS TSX $0.048

CIBC Canadian Bond Index ETF CCBI TSX $0.043

CIBC Global Bond ex-Canada Index ETF CGBI TSX $0.028 (CAD-Hedged)

CIBC Sustainable Canadian Core Plus CSCP NEO $0.036 Bond Fund

CIBC Qx Canadian Low Volatility CQLC NEO $0.050 Dividend ETF

CIBC Qx U.S. Low Volatility Dividend CQLU NEO $0.036 ETF

CIBC Qx International Low Volatility CQLI NEO $0.059 Dividend ETF

CIBC ETFs are managed by CIBC Asset Management Inc., a subsidiary of Canadian Imperial Bank of Commerce. Commissions, management fees and expenses all may be associated with investments in exchange traded funds (ETFs). Please read the CIBC ETFs prospectus or ETF Facts document before investing. To obtain a copy, call 1-888-888-3863, ask your advisor or visit www.cibc.com/etfs. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. CIBC ETFs are offered by registered dealers.

Morningstar(r) Canada Core Bond Index(tm) and Morningstar(r) Global ex-Canada Core Bond Hedged CAD Index(tm) are trademarks or service marks of Morningstar, Inc. and have been licensed for use for certain purposes by CIBC Asset Management. CIBC Canadian Bond Index ETF and CIBC Global Bond ex-Canada Index ETF (CAD-Hedged) are not sponsored, endorsed, sold or promoted by Morningstar, and Morningstar makes no representation regarding the advisability of investing in the CIBC Canadian Bond Index ETF and CIBC Global Bond ex-Canada Index ETF (CAD-Hedged).

About CIBC

CIBC is a leading North American financial institution with 11 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at www.cibc.com/en/about-cibc/media-centre.html.

About CIBC Asset Management

CIBC Asset Management, Inc. (CAM), the asset management subsidiary of CIBC, provides a range of high-quality investment management services and solutions to retail and institutional investors. CAM's offerings include: a comprehensive platform of mutual funds, strategic managed portfolio solutions, discretionary investment management services for high-net-worth individuals, and institutional portfolio management. CAM is one of Canada's largest asset management firms, with over $170 billion in assets under administration as of December 2021.

SOURCE CIBC