Key stats
About CIBC CORE FIXED INCOME POOL ETF SER UNIT
Expense ratio
0.48%
Home page
Inception date
Oct 29, 2020
ISIN
CA12546V1076
The fund-of-funds or pool actively invests in debt securities of any credit quality or maturity from around the world. Up to 100% of its assets can be invested in mutual funds and ETFs, and up to 10% of its NAV may be invested in alternative funds. The fund tactically allocates its assets over the short to medium term based on changes in the market outlook and the funds ability to meet the objectives. The fund could hold high-yield bonds between 10% and 20%. As an actively managed fund, the portfolio managers can analyze market and financial data to make buy, sell, and hold decisions at their discretion. As such, the underlying funds may change from time to time. The fund may also hold cash, money market securities, and money market mutual funds. The pool may also engage in derivatives transactions, securities lending, repurchase and reverse repurchase transactions, and short selling transactions.
Classification
What's in the fund
Exposure type
Mutual fund
ETF
Bonds, Cash & Other100.00%
Mutual fund57.78%
ETF41.70%
Cash0.53%