Key stats
About CIBC SUSTAINABLE BALANCED GROWTH SOLUTION
Expense ratio
0.93%
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Inception date
Jul 19, 2021
The fund-of-funds seeks long-term capital growth and some income by typically holding a portfolio with a target asset allocation of 70% equity and 30% fixed income. It may invest in Canadian, US and international securities, either directly or indirectly by investing in other ETFs and mutual funds. The fund generally aims to maintain the asset mix weighting within ranges of no more than 15% above or below its 70-30 target. The fund manager incorporates a socially responsible investing approach in the selection process. Companies involved in controversial business activities are excluded and eligible companies are screened based on ESG practices. The fund aims to identify securities that have a sustainable competitive advantage in making a positive ESG impact, while screening out companies with poor ESG performance relative to their industry peers. The fund may use derivatives such as options, futures, forwards, and swaps for hedging and non-hedging purposes.