Key stats
About CIBC ASSET MANAGEMENT INC. ACTIVE INVT GRADE FLTG RATE BD ETF
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Inception date
Jan 16, 2019
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
CIBC Asset Management, Inc.
The fundprovides exposuremainly toCanadian investment-grade corporate bonds,potentially including ABS and commercial MBS,that are perceived tooutperform.Using abottom-up analysis of issuersand atop-down analysis of sectors,the fund focuses onissuer-specific fundamentals and quantitative modeling of valuations and liquidity toselect securities. Both technical and fundamental analyses areusedto positiontheiraverage termtomaturity.Macroeconomic variablesandtechnical interest rate analysisare also usedto draw conclusions about future economic growth and the direction of interest rates. As an actively managed ETF, the fundmay depart temporarily from its fundamental investment objectivesat their discretion.The fundmayfrom time-to-timeinvest in securities of foreign issuersof up30%and high-yield debtsecuritiesof no more than10%.
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
Miscellaneous
Bonds, Cash & Other100.00%
Corporate74.64%
Miscellaneous12.80%
Securitized8.51%
Cash4.05%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CAFR invests in bonds. The fund's major sectors are Corporate, with 74.64% stocks, and Securitized, with 8.51% of the basket. The assets are mostly located in the North America region.
CAFR last dividends amounted to 0.06 CAD. The month before, the issuer paid 0.06 CAD in dividends, which shows a 1.75% decrease.
CAFR assets under management is 508.71 M CAD. It's risen 2.43% over the last month.
CAFR fund flows account for 126.19 M 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.
Yes, CAFR pays dividends to its holders with the dividend yield of 3.93%. The last dividend (Jul 7, 2025) amounted to 0.06 CAD. The dividends are paid monthly.
CAFR shares are issued by Canadian Imperial Bank of Commerce under the brand CIBC. The ETF was launched on Jan 16, 2019, and its management style is Active.
CAFR expense ratio is 0.34% meaning you'd have to pay 0.34% of your investment to help manage the fund.
CAFR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CAFR invests in bonds.
CAFR price has risen by 0.05% over the last month, and its yearly performance shows a 0.20% increase. See more dynamics on CAFR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.40% over the last month, showed a 1.36% increase in three-month performance and has increased by 4.71% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.40% over the last month, showed a 1.36% increase in three-month performance and has increased by 4.71% in a year.
CAFR trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.