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CIBC Balanced Index Fund Class A

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Canadian Neutral Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022, 2021, 2020, 2019

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NAVPS
(06-14-2024) 		$19.20
Change
-$0.01 (-0.05%)

As at May 31, 2024

As at May 31, 2024

Period
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Legend

CIBC Balanced Index Fund Class A

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Fund Returns

Inception Return (December 04, 1998): 4.61%

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 2.37% 2.71% 7.74% 4.61% 11.41% 6.15% 3.65% 6.15% 5.53% 5.24% 4.92% 5.38% 4.74% 5.04%
Benchmark 1.52% 2.10% 6.41% 2.62% 9.74% 4.30% 3.00% 6.26% 5.46% 5.39% 5.17% 5.53% 4.84% 5.01%
Category Average 2.12% 7.17% 7.17% 3.82% 10.00% 4.53% 2.57% 5.64% 4.69% 4.33% 4.01% 4.43% 3.81% 4.10%
Category Rank 140 / 448 122 / 442 229 / 442 180 / 442 161 / 431 106 / 418 164 / 398 221 / 378 172 / 368 135 / 362 131 / 350 129 / 333 112 / 299 106 / 287
Quartile Ranking 2 2 3 2 2 2 2 3 2 2 2 2 2 2

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 1.81% 1.02% -0.57% -3.04% -1.18% 5.53% 2.99% 0.20% 1.65% 2.23% -1.86% 2.37%
Benchmark 1.83% 0.93% -0.84% -3.01% -1.57% 6.01% 3.69% -0.31% 0.82% 2.49% -1.88% 1.52%

Best Monthly Return Since Inception

7.11% (April 2020)

Worst Monthly Return Since Inception

-8.90% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 8.65% 1.37% 7.90% 6.12% -3.33% 13.79% 7.10% 10.78% -9.12% 10.18%
Benchmark 9.98% -3.02% 11.97% 6.22% -4.30% 15.62% 7.61% 11.90% -8.20% 9.43%
Category Average 7.98% 0.06% 6.65% 5.72% -4.72% 12.57% 6.33% 10.85% -9.35% 8.27%
Quartile Ranking 3 2 3 2 2 2 2 3 3 1
Category Rank 144/ 286 114/ 299 171/ 331 169/ 344 128/ 355 159/ 365 131/ 374 272/ 389 298/ 409 78/ 429

Best Calendar Return (Last 10 years)

13.79% (2019)

Worst Calendar Return (Last 10 years)

-9.12% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 33.95
Canadian Government Bonds 25.78
US Equity 13.83
Cash and Equivalents 8.66
Canadian Corporate Bonds 7.84
Other 9.94

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 34.19
Financial Services 13.60
Cash and Cash Equivalent 8.66
Technology 8.35
Energy 6.67
Other 28.53

Geographic Allocation

Geographic Allocation
Name Percent
North America 91.91
Europe 4.76
Asia 2.35
Latin America 0.31
Africa and Middle East 0.05
Other 0.62

Top Holdings

Top Holdings
Name Percent
iShares MSCI EAFE ETF (EFA) 6.99
Royal Bank of Canada 2.21
Global X S&P/TSX Capped Comp Ind CC ETF (HXCN) 1.70
Toronto-Dominion Bank 1.42
Canada Government 1.50% 01-Dec-2031 1.28
Canadian Natural Resources Ltd 1.18
Enbridge Inc 1.14
Canadian Pacific Kansas City Ltd 1.06
Canadian National Railway Co 1.06
King Street Funding Trust 0.00% 20-Jun-2024 1.05

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: H.
Period: 

Risk vs Return (3 Yr)

CIBC Balanced Index Fund Class A

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 9.18% 9.56% 7.70%
Beta 0.96% 0.92% 0.92%
Alpha 0.01% 0.00% 0.00%
Rsquared 0.98% 0.98% 0.95%
Sharpe 0.12% 0.40% 0.49%
Sortino 0.16% 0.42% 0.41%
Treynor 0.01% 0.04% 0.04%
Tax Efficiency 78.87% 82.25% 80.57%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.17% 9.18% 9.56% 7.70%
Beta 0.91% 0.96% 0.92% 0.92%
Alpha 0.02% 0.01% 0.00% 0.00%
Rsquared 0.97% 0.98% 0.98% 0.95%
Sharpe 0.77% 0.12% 0.40% 0.49%
Sortino 1.92% 0.16% 0.42% 0.41%
Treynor 0.07% 0.01% 0.04% 0.04%
Tax Efficiency 93.73% 78.87% 82.25% 80.57%

Fund Details

Start Date December 04, 1998
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $3,267

Fund Codes

FundServ Code Load Code Sales Status
CIB901

Investment Objectives

To provide both long-term growth through capital appreciation and income by investing primarily in a combination of debt instruments, equity securities, and options, futures, and forward contracts based on Canadian, U.S., and international stock market indices.

Investment Strategy

To achieve its investment objectives, the Fund: uses passive management strategies to create a portfolio with characteristics similar to a blended index that allows the Fund to obtain a return that approximates the performance of the index. The blended index is comprised of 35% FTSE Canada Universe Bond Index, 35% S&P/TSX Composite Index, 15% S&P 500 Total Return Index, 8% FTSE Canada 91 day T-Bill Index, and 7% MSCI EAFE Index.

Portfolio Manager(s)

Name Start Date
Jacques Prevost 12-11-2007
Patrick Thillou 03-06-2008

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 1.22%
Management Fee 1.00%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.25%
Trailer Fee Max (LL) -

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