Key stats
About CIBC SUSTAINABLE CANADIAN CORE PLUS BOND FUND
Expense ratio
0.51%
Home page
Inception date
Jul 19, 2021
The fund seeks a high level of income and some capital growth by holding a diversified portfolio of bonds issued by Canadian governments and corporations. To build the portfolio, average-term-to-maturity and security selection are considered. The fund manager adjusts the portfolio based on macroeconomic and capital market conditions, along with issuer credit reviews. Up to 30% of the portfolio may be allocated to foreign issuers. The fund manager also incorporates a 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.
Classification
What's in the fund
Exposure type
Corporate
Government
Bonds, Cash & Other100.00%
Corporate51.35%
Government38.49%
Securitized4.31%
Cash2.30%
Miscellaneous2.24%
Mutual fund1.27%
Futures0.04%