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GlobeinvestorGOLD Canada's most comprehensive investment tool.

Fund Price: $10.00 (as at August 25, 2016) Current Yield: -

Returns as at July 31, 2016

  Fund Group Avg Index*
1 Month 0.00% 0.03% 0.05%
3 Months 0.05% 0.10% 0.13%
6 Months 0.09% 0.22% 0.25%
1 Year 0.16% 0.24% 0.45%
2 Year Avg 0.35% 0.30% 0.66%
3 Year Avg 0.41% 0.25% 0.75%
4 Year Avg 0.45% 0.32% 0.81%
5 Year Avg 0.50% 0.32% 0.83%
10 Year Avg 1.10% 1.09% 1.47%
15 Year Avg 1.33% 1.13% 1.93%
20 Year Avg 1.92% 1.65% 2.60%
Since Inception 3.34% - -
 
2015 0.32% 0.19% 0.63%
2014 0.60% 0.42% 0.92%
2013 0.49% 0.41% 0.97%
 
3 year risk 0.07 0.32 0.09
3 year beta 0.00 0.00 1.00

*91 Day Treasury Bill Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the 91 Day Treasury Bill Index.

Risk Measures as at July 31, 2016

Best/Worst 12 months (since inception)
Best (ending Oct 90): 12.71 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Jul 16): 0.16 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 1 High

Fund Objectives

The objective of this Fund is to seek as high a level of current income as is consistent with preservation of capital and maintenance of liquidity. This Fund seeks to achieve its objective by investing primarily in high-quality short-term debt securities issued by the Government of Canada or any Canadian provincial government, obligations of Canadian banks and trust companies and commercial paper rated R-1 or better by Dominion bond Rating Service Limited ("DBRS"), A-1 or better by Canadian Bond Rating Service Inc. ("CBRS"), or the equivalent.

Fund Facts

Fund Sponsor: CIBC Asset Management
Managed by: CIBC Securities Inc.
Fund Type: MF Trust
Inception Date: November 1988
Asset Class: Canadian Money Market
Quartile Rank: 2 (3YR ending July 31, 2016)
Total Assets: $864.1 million
Mgmt Exp. Ratio (MER): 0.61%
Management Fee: 1.00%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$25
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$25
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation June 30, 2016

Top Holdings

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at August 25, 2016
1 Year Performance (%)
  Clarity Trust 0.000% 19-Jul-2016 Bond 4.49   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Plaza Trust 0.000% 05-Jul-2016 Bond 3.89   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Prime Trust 0.000% 21-Jul-2016 Bond 3.58   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Zeus Receiv 0.000% 21-Jul-2016 Bond 3.48   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Bay Street Funding Trust Discount Note 0 Bond 3.42   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Clarity Trust 0.000% 11-Aug-2016 Bond 3.27   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  King Street Funding Trust 0.000% 29-Sep- Bond 3.19   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Toronto-Dominion Bank 01-Jun-2017 Bond 3.04   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Distribution Report (18 months up to August 25, 2016)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jul 29, 2016 0.0022 0.0022 0.0180 10.000
Jun 30, 2016 0.0022 0.0022 0.0186 10.000
Jun 21, 2016 0.0001 0.0001 0.0163 10.000
Jun 20, 2016 0.0002 0.0002 0.0163 10.000
Jun 17, 2016 0.0001 0.0001 0.0160 10.000
May 31, 2016 0.0021 0.0021 0.0191 10.000
Apr 29, 2016 0.0017 0.0017 0.0200 10.000
Mar 31, 2016 0.0015 0.0015 0.0219 10.000
Feb 29, 2016 0.0013 0.0013 0.0248 10.000
Jan 29, 2016 0.0011 0.0011 0.0280 10.000
Dec 31, 2015 0.0009 0.0009 0.0323 10.000
Nov 30, 2015 0.0008 0.0008 0.0374 10.000
Oct 30, 2015 0.0008 0.0008 0.0416 10.000
Sep 30, 2015 0.0010 0.0010 0.0464 10.000
Aug 31, 2015 0.0018 0.0018 0.0511 10.000
Jul 31, 2015 0.0028 0.0028 0.0545 10.000
Jun 30, 2015 0.0032 0.0032 0.0573 10.000
May 29, 2015 0.0030 0.0030 0.0597 10.000
Apr 30, 2015 0.0036 0.0036 0.0621 10.000
Mar 31, 2015 0.0045 0.0045 0.0638 10.000
Feb 27, 2015 0.0045 0.0045 0.0650 10.000

Portfolio Manager(s)

Steven Dubrovsky, CFA

CIBC Global Asset Management Inc.

Start Date: November, 1988

Fund Return: 3.34%

Steven Dubrovsky holds Bachelor of Commerce, Master in Business Administration and Chartered Financial Analyst (CFA). He joined T.A.L. in 1992. Fixed Income Market analyst and Trader, then Assistant Portfolio Manager at Domtar from 1988 to 1992.

Also manages:CIBC Canadian T-Bill, CIBC Canadian T-Bill Premium Class, CIBC Money Market Premium Class, CIBC U.S. $ Money Market (US$), Renaissance Canadian T-Bill, Renaissance Money Market, Renaissance US Money Market (US$)

View fund manager performance report