CIBC Asset Management Announces CIBC ETF Cash Distributions for June 2022

TORONTO, June 23, 2022 /CNW/ – CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. today announced the June 2022 cash distributions for CIBC ETFs and ETF series of the CIBC Fixed Income Pools, which are distributed monthly and quarterly.

Unitholders of record on June 30, 2022will receive cash distributions payable on July 6, 2022. The details of the final “per unit” distribution amounts are as follows:

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 investing in exchange-traded funds (ETFs). Please read the CIBC ETF 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.

Certain trademarks of Canadian Imperial Bank of Commerce and/or certain of its affiliates (collectively “CIBC”) have been used under license by CIBC Asset Management Inc. in connection with CIBC Multifactor Canadian Equity ETF and CIBC Multifactor US Equity ETF (the “CIBC Equity ETF”). The securities of the CIBC Equity ETFs are not sponsored, promoted, sold or endorsed in any way by CIBC or the index calculation agent, Solactive AG (“Solactive”), and CIBC or Solactive make no express or implied warranties or assurances either with respect to the results of using the indices on which the CIBC Equity ETFs are based, or the prices of the indices at any time or in any other respect. The CIBC ETFs’ prospectus contains a more detailed description of the limited relationship that CIBC and Solactive have with CIBC Asset Management Inc. and CIBC equity ETFs.

Morningstar® Canada Core Bond Index™, Morningstar® Global ex-Canada Core Bond Hedged CAD Index™, Morningstar® Canada Domestic Index™, Morningstar® US Target Market Exposure Index™ and Morningstar® Developed Markets ex-North America Target Market Exposure Index™ are trademarks or service marks of Morningstar, Inc., and are used under license for certain purposes by CIBC Asset Management. CIBC Canadian Bond Index ETF, CIBC Global Out-of-Canada Bond Index ETF (CADHedged), CIBC Canadian Equity Index ETF, CIBC U.S. Equity Index ETF and CIBC International Equity Index ETF (collectively, the CIBC Index ETFs) are not sponsored, endorsed, sold or promoted by Morningstar, and Morningstar makes no representation regarding the advisability of investing in CIBC Index ETFs.

About CIBC

CIBC is a leading North American financial institution with 13 million retail, business, public sector and institutional banking customers. In Personal and Commercial Banking, Business Banking, and Wealth Management and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network and its locations in Canada, the United States and around the world. Current press releases and more information about CIBC are available 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, offers a range of high-quality investment management services and solutions to retail and institutional investors. CAM’s offering includes: a comprehensive mutual fund platform, strategically managed portfolio solutions, discretionary investment management services for high net worth individuals and institutional portfolio management. CAM is one of from Canada largest asset management companies, with over $170 billion of assets under administration May 2022.

SOURCECIBC

For further information: Kira Smylie, 416-980-2949 or [email protected]