CIBC Asset Management Inc. announces changes to CIBC ETFs

CIBC Asset Management Inc. announces changes to CIBC ETFs

TORONTO, Oct. 9, 2025 /CNW/ - CIBC Asset Management Inc. ("CAMI"), the manager of the CIBC Exchange-Traded Funds (individually a "CIBC ETF", and collectively, the "CIBC ETFs"), today announced index changes, name changes and management fee reductions to certain CIBC ETFs. All of the changes described below will be effective on November 1, 2025.

Index changes

CAMI is changing the underlying index of certain CIBC ETFs from an index provided by Morningstar to an index provided by MSCI or FTSE.

The table below sets out the name of the current and new underlying index. Information about the new MCSI indices are available at msci.com and new FTSE indices at ftserussell.com.

The changes to the underlying indices described above are consistent with the current investment objectives and strategies of each CIBC ETF. These changes will ensure that investors continue to receive substantially the same exposure to the asset classes, sectors or geographic regions as those currently provided by each CIBC ETF. There will be no changes to the distribution policy or risk rating of each CIBC ETF. Additionally, the frequency of index rebalancing will remain unchanged.

Name changes

As a result of the change in the underlying index described above to the new MSCI indices, the names of six CIBC ETFs are also changing, as set out in the table below:

Lower management fees on CIBC ETFs

CAMI will also lower the annual management fee on select CIBC ETFs as set out in the table below:

An amendment to the offering documents for these CIBC ETFs will be filed with the Canadian securities regulatory authorities on or about October 9, 2025.

Disclosures

CIBC ETFs are managed by CIBC Asset Management Inc., a subsidiary of Canadian Imperial Bank of Commerce. Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the prospectus and ETF Facts before investing. To obtain a copy, call 1-888-888-3863, ask your advisor or visit www.cibc.com/etfs. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns.

The CIBC Canadian Short-Term Bond Index ETF and the CIBC Canadian Bond Index ETF are not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). The LSE Group does not accept any liability whatsoever to any person arising out of the use of The CIBC Canadian Short-Term Bond Index ETF and the CIBC Canadian Bond Index ETF or the underlying data.

The MSCI indexes are the exclusive property of MSCI Inc. ("MSCI"). MSCI and the MSCI index names are service mark(s) of MSCI or its affiliates and have been licensed for use for certain purposes by CIBC Asset Management Inc. The financial products referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such financial products or any index on which such financial products are based. The offering document contains a more detailed description of the limited relationship MSCI has with CIBC Asset Management Inc and any relevant financial products. No purchaser, seller or holder of this product, or any other person or entity, should use or refer to any MSCI trade name, trademark or service mark to sponsor, endorse, market or promote this product without first contacting MSCI to determine whether MSCI's permission is required. Under no circumstances may any person or entity claim any affiliation with MSCI without the prior written permission of MSCI.

Morningstar® Canada 1-5 Yr Core Bond Index™, Morningstar® Canada Core Bond Index™, Morningstar® Canada Domestic Index™, Morningstar® US Target Market Exposure Index™, Morningstar® US Target Market Exposure Hedged CAD Index™, Morningstar® Developed Markets ex-North America Target Market Exposure Index™, Morningstar® Developed Markets ex-North America Target Market Exposure Hedged CAD Index™ and Morningstar® Emerging Markets Target Market Exposure Index™ are trademarks or service marks of Morningstar, Inc. and have been licensed for use for certain purposes by CIBC Asset Management Inc. CIBC Canadian Short-Term Bond Index ETF, CIBC Canadian Bond Index ETF, CIBC Canadian Equity Index ETF, CIBC U.S. Equity Index ETF, CIBC U.S. Equity Index ETF (CAD-Hedged), CIBC International Equity Index ETF, CIBC International Equity Index ETF (CAD-Hedged), CIBC Emerging Markets Equity Index ETF are not sponsored, endorsed, sold or promoted by Morningstar, and Morningstar makes no representation regarding the advisability of investing in CIBC Canadian Short-Term Bond Index ETF, CIBC Canadian Bond Index ETF, CIBC Canadian Equity Index ETF, CIBC U.S. Equity Index ETF, CIBC U.S. Equity Index ETF (CAD-Hedged), CIBC International Equity Index ETF, CIBC International Equity Index ETF (CAD-Hedged), CIBC Emerging Markets Equity Index ETF.

About CIBC

CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at https://www.cibc.com/en/about-cibc/media-centre.html 

About CIBC Asset Management

CIBC Asset Management Inc. (CAM), the asset management subsidiary of CIBC, provides a range of high-quality investment management services and solutions to retail and institutional investors. CAM's offerings include: a comprehensive platform of mutual funds, strategic managed portfolio solutions, discretionary investment management services for high-net-worth individuals, and institutional portfolio management. CAM is one of Canada's largest asset management firms, with over $227 billion in assets under administration as of August 2025.

SOURCE CIBC