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CIBC European Index Fund Class A

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European Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-27-2025) 		$16.53
Change
$0.12 (0.74%)

As at April 30, 2025

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 1999Jan 2001Jan 2003Jan 2005Jan 2007Jan 2009Jan 2011Jan 2013Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Apr 2025Jan 2001Jan 2005Jan 2009Jan 2013Jan 2017Jan 2021$5,000$10,000$15,000$20,000$25,000$30,000$8,000$12,000$14,000$16,000Period

Legend

CIBC European Index Fund Class A

Compare Options

Fund Returns

Inception Return (September 22, 1998): 3.99%

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 -0.47% 2.92% 8.70% 10.44% 13.56% 10.42% 13.08% 8.44% 11.51% 7.31% 6.35% 6.20% 7.60% 6.04%
Benchmark 0.46% 2.85% 9.85% 10.52% 14.60% 11.76% 13.67% 8.90% 12.45% 8.31% 7.29% 7.29% 8.73% 7.21%
Category Average 0.35% 0.92% 5.38% 6.80% 11.38% 9.07% 10.18% 4.86% 9.11% 5.34% 4.44% 4.51% 5.56% 4.69%
Category Rank 59 / 98 20 / 98 21 / 98 18 / 98 32 / 98 29 / 98 22 / 98 21 / 98 26 / 96 31 / 96 27 / 89 25 / 85 19 / 74 26 / 68
Quartile Ranking 3 1 1 1 2 2 1 1 2 2 2 2 2 2

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%8%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 4.97% -2.62% 3.25% 1.41% 0.44% -2.82% -1.35% -0.23% 7.31% 3.97% -0.55% -0.47%
Benchmark 4.15% -2.07% 3.38% 1.39% 0.64% -3.03% -0.82% 0.21% 7.45% 3.09% -0.68% 0.46%

Best Monthly Return Since Inception

13.38% (November 2020)

Worst Monthly Return Since Inception

-13.55% (September 2008)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 14.80% -4.46% 16.26% -7.95% 16.23% 2.04% 14.19% -9.42% 15.94% 9.15%
Benchmark 17.20% -3.54% 18.15% -7.68% 19.54% 3.59% 15.26% -10.82% 17.51% 10.66%
Category Average 17.33% -5.77% 14.98% -9.04% 15.21% 3.84% 11.84% -15.77% 16.91% 8.55%
Quartile Ranking 4 2 2 2 3 3 2 1 3 2
Category Rank 58/ 68 33/ 70 37/ 80 36/ 88 56/ 93 65/ 96 40/ 98 23/ 98 63/ 98 42/ 98

Best Calendar Return (Last 10 years)

16.26% (2017)

Worst Calendar Return (Last 10 years)

-9.42% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 99.38
Cash and Equivalents 0.42
Income Trust Units 0.08
Other 0.12

Sector Allocation

Sector Allocation
Name Percent
Financial Services 22.35
Consumer Goods 16.52
Healthcare 13.24
Industrial Goods 11.06
Technology 7.86
Other 28.97

Geographic Allocation

Geographic Allocation
Name Percent
Europe 99.53
North America 0.31
Other 0.16

Top Holdings

Top Holdings
Name Percent
iShares Europe ETF (IEV) 5.68
Sap SE 2.43
Nestle SA Cl N 2.22
ASML Holding NV 2.10
Roche Holding AG - Partcptn 1.83
Novartis AG Cl N 1.79
AstraZeneca PLC 1.77
Novo Nordisk A/S Cl B 1.71
HSBC Holdings PLC 1.58
Shell PLC 1.56

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return12131415161718192021222324252627280%5%10%15%20%25%

CIBC European Index Fund Class A

Median

Other - European Equity

3 Yr Annualized

Standard Deviation 14.36% 14.03% 13.48%
Beta 1.00% 0.98% 0.98%
Alpha -0.01% -0.01% -0.01%
Rsquared 0.98% 0.98% 0.98%
Sharpe 0.66% 0.67% 0.38%
Sortino 1.29% 1.12% 0.42%
Treynor 0.09% 0.10% 0.05%
Tax Efficiency 93.56% 93.43% 87.79%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.91% 14.36% 14.03% 13.48%
Beta 1.06% 1.00% 0.98% 0.98%
Alpha -0.02% -0.01% -0.01% -0.01%
Rsquared 0.97% 0.98% 0.98% 0.98%
Sharpe 0.88% 0.66% 0.67% 0.38%
Sortino 2.22% 1.29% 1.12% 0.42%
Treynor 0.09% 0.09% 0.10% 0.05%
Tax Efficiency 94.48% 93.56% 93.43% 87.79%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A70.1​70.159.1​59.10%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A76.0​76.065.8​65.80%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A83.2​83.267.6​67.60%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A48.0​48.049.4​49.40%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date September 22, 1998
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $78

Fund Codes

FundServ Code Load Code Sales Status
CIB513

Investment Objectives

To provide long-term growth through capital appreciation. The Fund is managed to obtain a return that approximates the performance of the MSCI Europe Index. The MSCI Europe Index is a free float-adjusted market capitalization index that is designed to measure developed market equity performance in Europe. It consists of 16 countries in Europe.

Investment Strategy

To achieve its investment objectives, the Fund: uses passive management strategies to create a portfolio with characteristics similar to the MSCI Europe Index, allowing the Fund to obtain a return that approximates the performance of that index in Canadian dollars; may use derivatives such as options, futures, forward contracts, swaps, and other similar instruments, in a manner considered appropriate to achieving the Fund’s investment objectives.

Portfolio Management

Portfolio Manager

CIBC Asset Management Inc.
Sub-Advisor

-

Management and Organization

Fund Manager

Canadian Imperial Bank of Commerce
Custodian

CIBC Mellon Trust Company
Registrar

Canadian Imperial Bank of Commerce
Distributor

CIBC Securities Inc.

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 1.25%
Management Fee 1.20%
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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