Key stats
About CIBC SUSTAINABLE CANADIAN CORE PLUS BOND FUND
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Inception date
Jul 19, 2021
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Primary advisor
CIBC Asset Management, Inc.
The fund seeks a high level of income and some capital growth by holding a diversified portfolio of bonds issued by Canadian governments and corporations. To build the portfolio, average-term-to-maturity and security selection are considered. The fund manager adjusts the portfolio based on macroeconomic and capital market conditions, along with issuer credit reviews. Up to 30% of the portfolio may be allocated to foreign issuers. The fund manager also incorporates a responsible investing approach in the selection process. Companies involved in controversial business activities are excluded, and eligible companies are screened based on ESG practices. The fund aims to identify securities that have a sustainable competitive advantage in making a positive ESG impact, while screening out companies with poor ESG performance relative to their industry peers. The fund may use derivatives such as options, futures, forwards, and swaps for hedging and non-hedging purposes.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Government
Bonds, Cash & Other100.00%
Corporate51.16%
Government42.85%
Securitized3.87%
Mutual fund1.11%
Cash1.04%
Futures−0.03%
Stock breakdown by region
North America98.81%
Europe0.68%
Oceania0.51%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CSCP invests in bonds. The fund's major sectors are Corporate, with 51.16% stocks, and Government, with 42.85% of the basket. The assets are mostly located in the North America region.
CSCP top holdings are Canada Housing Trust No. 1 4.25% 15-MAR-2034 and Canada Treasury Bonds 2.75% 01-DEC-2055, occupying 2.76% and 2.42% of the portfolio correspondingly.
CSCP assets under management is 1.90 M CAD. It's risen 82.84% over the last month.
CSCP fund flows account for 864.44 K CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, CSCP doesn't pay dividends to its holders.
CSCP shares are issued by Canadian Imperial Bank of Commerce under the brand CIBC. The ETF was launched on Jul 19, 2021, and its management style is Active.
CSCP expense ratio is 0.51% meaning you'd have to pay 0.51% of your investment to help manage the fund.
CSCP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CSCP invests in bonds.
CSCP price has fallen by −1.27% over the last month, and its yearly performance shows a −0.52% decrease. See more dynamics on CSCP price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.86% over the last month, showed a −0.43% decrease in three-month performance and has decreased by −0.23% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.86% over the last month, showed a −0.43% decrease in three-month performance and has decreased by −0.23% in a year.
CSCP trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.