CIBC Asset Management ETFs celebrate their 3rd anniversary and approach $3 billion in assets

TORONTO, January 24, 2022 /CNW/ – CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. (“GAC”) today announced that the first 4 exchange-traded funds (“ETFs”) in its suite of ETF solutions have reached nearly $3 billion in the combined assets. Launched three years ago, these low-cost ETFs complement CIBC’s wide range of innovative investment funds.

“Our entry into the growing ETF industry three years ago was a natural extension of our investment capabilities, allowing us to offer investors more investment options in terms of structure, price and ease of use,” said David Scandiffio, President and CEO, CAM. “We started with four funds, and we are now at 27. The history of these funds is a testament to our innovative investment process.”

CIBC’s ETF Solutions provide access to a wide range of passive and actively managed equity and fixed income investment strategies to help investors diversify their portfolios. These ETFs leverage the extensive experience and deep expertise of CAM’s investment teams.

Over the past three years, GAC has expanded its lineup of ETFs to include solutions that provide exposure to responsible investing-themed investments, such as clean energy and low-volatility dividend income strategies for income-seeking investors who prefer equity exposure with reduced volatility.

This year, the CAM celebrates its 50and birthday. He has become one of the largest asset managers in Canada. The firm is committed to serving investors well, developing unique multi-asset class investment solutions based on cutting-edge research, a strong tradition of disciplined investment processes and prudent risk management while offering customized and innovative solutions to customers.

“We are proud of our long tradition of creating value for our customers and meeting their needs despite changing market conditions,” added Scandiffio. “I am optimistic about the future of our business and our ability to take our purpose to new heights, while meeting the challenges of helping new generations of investors through Canada and around the world to achieve their ambitions.”

About CIBC
CIBC is a leading North American financial institution with 11 million personal, commercial, public sector and institutional banking customers. In Personal and Commercial Banking, Business Banking, and Wealth Management and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network and its locations in Canada, the United States and around the world. Current press releases and more information about CIBC are available at

About CIBC Asset Management
CIBC Asset Management, Inc. (CAM), the asset management subsidiary of CIBC, offers a range of high-quality investment management services and solutions to retail and institutional investors. CAM’s offering includes: a comprehensive mutual fund platform, strategically managed portfolio solutions, discretionary investment management services for high net worth individuals and institutional portfolio management. GAC is one of the largest asset management companies in Canada, with over $170 billion in assets under administration as of December 2021.

This material is provided for informational purposes only and does not constitute financial, investment, tax, legal or accounting advice or an offer or solicitation to buy or sell the securities referenced. Individual circumstances and current events are key to good investment planning; anyone wishing to act on this document should consult their advisor. Unless otherwise stated, all opinions and estimates expressed in this document are as of the date of publication and are subject to change.

CIBC ETFs are managed by CAM, a subsidiary of Canadian Imperial Bank of Commerce. Commissions, management fees and expenses all may be associated with investing in exchange-traded funds (ETFs). Please read the CIBC ETF prospectus or ETF Facts document before investing. To obtain a copy, call 1-888-888-3863, ask your advisor or visit ETFs are not guaranteed, their values ​​change frequently and past performance may not be repeated.


For further information: Nima Ranawana, Public Affairs, 647-456-4556 or [email protected]

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