Canada NewsWire
TORONTO
,
March 31, 2021
/CNW/ -
David Scandiffio
, President and CEO, CIBC Asset Management (TSX: CM) and his team joined
Graham Mackenzie
, Head, Exchange Traded Products, TMX Group, to open the market to celebrate the launch of the new index exchange-traded funds (ETFs) designed to cover the core exposures in a typical asset allocation strategy: CIBC Canadian Bond Index ETF (TSX: CCBI), CIBC Canadian Equity Index ETF (TSX: CCEI), CIBC U.S. Equity Index ETF (TSX: CUEI) and CIBC International Equity Index ETF (TSX: CIEI).
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 $153 billion in assets under administration as of February 2021 .
For Market Openings: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 1 (SD-SDI) and is produced at the TMX Broadcast Centre and sent live to the TOC. To pick up the feed via the Dejero network, please contact avservices@tmx.com . The client feature video will begin playing on the TMX media wall at approximately 9:27 a.m. ET and the markets will open with the sound of a siren at 9:30 a.m. ET
Date:
Wednesday March 31, 2021
Time:
9:00am - 9:30am
Place: Virtually Broadcast
SOURCE Toronto Stock Exchange
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