CIBC U.S. $ MMF (US$) ($500M-$1MM)
Globe 5-Star Rating
Fund Price: $10.00 (as at May 21, 2013) Current Yield: -
Returns as at April 30, 2013
| Fund | Group Avg | Index* | |
|---|---|---|---|
| 1 Month | 0.00% | 0.00% | 0.00% |
| 3 Months | 0.00% | 0.01% | 0.02% |
| 6 Months | 0.00% | 0.03% | 0.12% |
| 1 Year | 0.00% | 0.07% | 0.18% |
| 2 Year Avg | 0.00% | 0.07% | 0.11% |
| 3 Year Avg | 0.00% | 0.07% | 0.11% |
| 4 Year Avg | 0.01% | 0.08% | 0.12% |
| 5 Year Avg | 0.28% | 0.32% | 0.25% |
| 10 Year Avg | 1.23% | 1.30% | 1.59% |
| 15 Year Avg | - | 2.02% | 2.32% |
| 20 Year Avg | - | 2.56% | 2.91% |
| Since Inception | 1.46% | - | - |
| 2012 | 0.00% | 0.07% | 0.11% |
| 2011 | 0.00% | 0.07% | -0.07% |
| 2010 | 0.00% | 0.07% | 0.24% |
| 3 year risk | 0.00 | 0.01 | 0.11 |
| 3 year beta | 0.35 | 0.35 | 1.00 |
*U.S. 91-Day Treasury Bills
Growth of $10,000
Risk Measures as at April 30, 2013
Best/Worst 12 months (since inception)
| Best (ending Apr 07): | 4.61 |  |
 |
| Worst (ending May 10): | 0.00 | |
|
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low
High
Fund Objectives
The objective of the 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 in high-quality, low-risk Canadian and U.S. money market instruments denominated in U.S. dollars. These may include short-term debt instruments with maturities of one year or less, such as treasury bills and other short-term government securities issued by all levels of government and their agencies as well as other short-term debt including, but not limited to, corporate debt, bankers' acceptances, certificates of deposit, commercial paper and other money market instruments. The portfolio of the Fund will consist exclusively of securities rated A-1 or better by Standard & Poor's Corporation ("S&P"), P-1 or better by Moody's Investor Services ("Moody's"), R-1 or better by DBRS, A-1 or better by CBRS, or the equivalent.
Fund Facts
| Fund Sponsor: | CIBC Securities Inc. |
| Managed by: | CIBC Securities Inc. |
| Fund Type: | MF Corp |
| Inception Date: | October 2000 |
| Asset Class: | U.S. Money Market |
| Quartile Rank: | 4 (3YR ending April 30, 2013) |
| Total Assets: | N/A |
| Mgmt Exp. Ratio (MER): | 1.22% |
| Management Fee: | 0.81% |
| Load Type: | No Load |
- Globe 5-Star Rating:
- RRSP Eligible:
- Canadian
- Min. Invest (initial):
- $500,000
- Subsequent:
- $25
- Min. Invest (initial RRSP):
- $500,000
- Subsequent RRSP:
- $25
- Closed:
- No
- Restricted:
- Yes
- Restriction:
- (Min Initial Investment $500,000)
Asset Allocation March 31, 2013
Top Holdings
| Symbol | Company Name | Sector | Geographic Area |
Asset Type |
% of Total Assets |
Performance as at May 21, 2013 1 Year Performance (%) |
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|---|---|---|---|---|---|---|---|---|---|
| CPPIB Capital Inc., APR/25/13 | Bond | 8.07 | - | |
|
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| Zeus Receivables Trust, APR/09/13 | Bond | 6.46 | - | |
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| Merit Trust, JUL/16/13 | Bond | 6.45 | - | |
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| Province of Ontario, MAY/31/13 | Bond | 5.49 | - | |
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| Bank of Montreal, JUN/17/13 | Bond | 5.17 | - | |
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| Storm King Funding Trust, MAY/17/13 | Bond | 4.84 | - | |
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| Plaza Trust, APR/18/13 | Bond | 4.52 | - | |
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| Prime Trust, MAY/07/13 | Bond | 4.52 | - | |
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| Caisse centrale Desjardins, MAY/22/13 | Bond | 3.87 | - | |
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| Prime Trust, JUN/14/13 | Bond | 3.87 | - | |
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Portfolio Manager(s)
Steven Dubrovsky, CFA
CIBC Global Asset Management Inc.
Start Date: October, 2000
Fund Return: 2.59%
Steven Dubrovsky holds Bachelor of Commerce, Master in Business Administration and Chartered Financial Analyst (CFA). He joined T.A.L. in 1992. Fixed Income Market analyst and Trader, then Assistant Portfolio Manager at Domtar from 1988 to 1992.
Also manages:CIBC Canadian T-Bill, CIBC Canadian T-Bill Premium Class, CIBC Money Market, CIBC Money Market Premium Class, FÉRIQUE Short Term Income, Renaissance Canadian T-Bill, Renaissance Money Market, Renaissance US Money Market (US$)