CIBC has launched a suite of fixed-income pools that give investors access to advanced bond strategies. The three pools, managed by CIBC Asset Management Inc., include both mutual funds and ETFs and are meant to be long-term core holdings. The pools invest in government and corporate bonds that range from investment-grade to high-yield, with exposure to various regions and currencies. CIBC Conservative Fixed Income Pool emphasizes shorter-term, investment-grade Canadian bonds, while CIBC Core Fixed Income Pool and CIBC Core Plus Fixed Income Pool seek to generate regular income and modest long-term capital appreciation. Investors can hold CIBC Fixed Income Pools in registered and non-registered accounts and through full-service dealers, with a $500 minimum investment. Visit renaissanceinvestments.ca/en/fixedincomepools for fee information.
CIBC introduces fixed-income pools
Product watch
- By: Maddie Johnson
- Source : Investment Executive
- December 6, 2019 December 4, 2019
- 00:04