Jove Investment Management Inc. and Gibraltar Consulting Group today announced the launch of the CIBC Gartman Global Allocation Deposit Notes, Series 1.

The notes will be sub-advised by The Gartman Letter, L.C., the publisher of The Gartman Letter. Its author, Dennis Gartman, is a leading global markets trader and analyst. The new notes are the first investment product ever to benefit from Gartman’s participation as investment advisor.

The performance of the mptes will be linked to the Gartman index, a proprietary index offering long, short or neutral exposure in various weightings to any combination of 22 underlying equity, commodity, bond and currency sub-indices, as selected by Dennis Gartman on a monthly basis.

“We are delighted to be collaborating with CIBC and Dennis Gartman to issue these notes,” said Raj Lala, president of Gibraltar. “Dennis Gartman is one of North America’s foremost commentators on the global capital markets — we look forward to the application of his insight as advisor to the Gartman ondex.”

“This is an exciting opportunity to apply my investing insight, principles and rules to the index for this note,” commented Dennis Gartman. “I thank Gibraltar Consulting Group and CIBC for the opportunity to participate in this innovative note.”

The Notes are 100% principal protected by CIBC, if held to maturity – a six-year term. The CIBC Gartman Global Allocation Deposit Notes will be available for sale until March 30.