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CIBC U.S. Dollar Money Market Fund Class A

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U.S. Money Market

NAVPS
(09-17-2024) 		$10.00
Change
$0.00 (0.01%)

As at August 31, 2024

As at August 31, 2024

Period
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Legend

CIBC U.S. Dollar Money Market Fund Class A

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Fund Returns

Inception Return (May 06, 1991): 2.23%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.42% 1.27% 2.59% 3.51% 5.33% 4.99% 3.48% 2.63% 2.36% 2.37% 2.28% 2.11% 1.93% 1.74%
Benchmark 0.40% 1.22% 2.44% 3.27% 4.95% 4.66% 3.28% 2.47% 2.17% 2.18% 2.08% 1.90% 1.71% 1.54%
Category Average 0.26% 2.42% 2.42% 3.35% 5.07% 4.63% 3.21% 2.42% 2.15% 2.14% 2.01% 1.83% 1.66% 1.50%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
Fund 0.41% 0.47% 0.44% 0.42% 0.48% 0.42% 0.40% 0.46% 0.43% 0.39% 0.46% 0.42%
Benchmark 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40%

Best Monthly Return Since Inception

0.49% (October 2000)

Worst Monthly Return Since Inception

0.00% (January 2014)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 0.07% 0.15% 0.65% 1.17% 2.06% 2.27% 0.69% 0.07% 1.74% 5.22%
Benchmark 0.03% 0.05% 0.28% 0.88% 1.87% 2.08% 0.44% 0.04% 1.76% 4.82%
Category Average 0.10% 0.14% 0.34% 0.71% 1.63% 2.04% 0.51% 0.07% 1.38% 4.91%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

5.22% (2023)

Worst Calendar Return (Last 10 years)

0.07% (2014)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 100.00

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 100.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Lakeshore Trust 06-Nov-2024 2.91
MIZUHO BANK CA DISCOUNT NOTE 2.52
Zeus Receivables Trust 24-Oct-2024 2.47
Fusion AA USD CP 13-Jan-2025 2.29
Ridge Trust 14-Nov-2024 2.27
Ridge Trust 12-Sep-2024 2.26
Banner Trust 20-Sep-2024 2.25
Merit Trust 25-Oct-2024 2.01
Clarity Trust 04-Oct-2024 1.98
ZEUS RECEIVABLES TR DISCOUNT NOTE 1.90

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

CIBC U.S. Dollar Money Market Fund Class A

Median

Other - U.S. Money Market

3 Yr Annualized

Standard Deviation 0.63% 0.64% 0.52%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino 1.01% -1.20% -2.21%
Treynor - - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.10% 0.63% 0.64% 0.52%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - 1.01% -1.20% -2.21%
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date May 06, 1991
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency USD
Distribution Frequency Monthly
Assets ($mil) $1,110

Fund Codes

FundServ Code Load Code Sales Status
CIB483

Investment Objectives

To maximize income while attempting to preserve capital and maintain liquidity by investing primarily in highly liquid, low risk U.S. and Canadian money market instruments denominated in U.S. dollars.

Investment Strategy

To achieve its investment objectives, the Fund: strives to maintain a NAV per unit of US$10 by allocating income daily and distributing it monthly but the NAV per unit may fluctuate; adjusts the Fund’s term-to-maturity to reflect the portfolio advisor’s outlook for interest rates (short average term if rates are expected to rise and long average term if rates are expected to fall).

Portfolio Manager(s)

Name Start Date
Steven Dubrovsky 12-23-2020

Management and Organization

Fund Manager Canadian Imperial Bank of Commerce
Advisor CIBC Asset Management Inc.
Custodian CIBC Mellon Trust Company
Registrar Canadian Imperial Bank of Commerce
Distributor CIBC Securities Inc.
Auditor Ernst & Young LLP, Chartered Accountants

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 0.41%
Management Fee 1.00%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.50%
Trailer Fee Max (LL) -

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