Business
CIBC Global Asset Management announces expansion of CIBC Investment Grade Bond Funds lineup including two new laddered funds
CIBC (TSX: CM) (NYSE: CM) – CIBC Global Asset Management (CIBC GAM) today announced the expansion of its target maturity bond funds with the launch of five new CIBC Investment Grade Bond Funds and two new laddered funds (CIBC 1-5 Year Laddered Investment Grade Bond Fund and CIBC 1-5 Year U.S. Laddered Investment Grade Bond Fund) – each available in Series A, Series F and Series O.
About this update from Canadian Imperial Bank Of Commerce
[{"type":"text","content":"TORONTO, April 29, 2026 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Global Asset Management (CIBC GAM) today announced the expansion of its target maturity bond funds with the launch of five new CIBC Investment Grade Bond Funds and two new laddered funds (CIBC 1-5 Year Laddered Investment Grade Bond Fund and CIBC 1-5 Year U.S. Laddered Investment Grade Bond Fund) – each available in Series A, Series F and Series O.","length":415,"tagName":"p"},{"type":"image","alt":"CIBC (CNW Group/CIBC)","displaySize":"","headline":null,"caption":"CIBC (CNW Group/CIBC)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":103,"url":"https://media.zenfs.com/en/cnwgroup.com/488a889cc7630c4499d41b6ce1a74feb"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/2AKzcey08USLgjM9HGPUAQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE4Mg--/https://media.zenfs.com/en/cnwgroup.com/488a889cc7630c4499d41b6ce1a74feb","width":400,"height":103}},"href":"https://mma.prnewswire.com/media/2966716/CIBC_CIBC_Global_Asset_Management_announces_expansion_of_CIBC_In.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Additionally, all new funds offer ETF series units with the exception of the CIBC 1-5 Year U.S. Laddered Investment Grade Bond Fund. These ETF Series units have completed their initial offering and are now available for trading on Cboe Canada.","length":243,"tagName":"p"},{"type":"text","content":""Building on the success of our CIBC Investment Grade Bond Funds, we are pleased to expand our lineup of target maturity funds to help investors achieve their shorter-term savings goals," said Eric Bélanger, President and Chief Executive Officer, CIBC Global Asset Management. "The new CIBC 1-5 Year Laddered Investment Grade Bond Funds offer pre-built bond laddering, providing regular income and diversification without the need for reinvestment decisions."","length":484,"tagName":"p"},{"type":"text","content":"The CIBC Investment Grade Bond Funds provide investors with diversified portfolios of Canadian-dollar or U.S.-dollar denominated investment grade corporate and/or government bonds, all maturing within their respective calendar year. The CIBC 1-5 Year Laddered Investment Grade Bond Funds offer exposure to investment grade bonds by investing in an equally weighted portfolio of five underlying funds,...