CIBC Global Asset Management expands active fixed income lineup with two new active bond ETFs

• CIBC Global Asset Management announced the launch of two new ETF Classes for its active fixed income funds.
• The products are the CIBC Short-Term Income Fund (Ticker: CSTB) and CIBC Canadian Bond Fund (Ticker: CCBA).
• Trading commenced on Cboe exchange as of May 28, 2026.
• Management fees set at 0.17% for Short-Term Income and 0.20% for Canadian Bond Fund.
• Initial offering closed; funds are now available to investors.
• Strategy focuses on single fund core fixed income holdings with broad diversification across sectors, investment grade credit, and maturities.

• The news represents a standard product expansion within the asset management division of CIBC Group Holdings Inc.
• Launching ETFs is an expected operational activity for established asset managers to capture market share in passive/active fixed income products.
• There is no indication this launch materially alters the risk profile or valuation drivers of the parent bank entity (CIBC).
• Revenue impact from two new ETF classes is likely immaterial relative to the total assets under management and net income of a major Canadian bank.
• No strategic investor involvement, M&A activity, or significant capital raise is associated with this release.

• Company: CIBC Group Holdings Inc. is a major Canadian financial institution providing banking, wealth management, and asset management services.
• Flagship Project: The core business operations (Commercial Banking, Retail Banking, Wealth Management) rather than a single development project like in resource sectors.
• Asset Management Division: This division manages the fixed income strategies mentioned in the news release.
• Development Status: The new ETFs represent an incremental expansion of existing fund strategies into an ETF structure for better liquidity and accessibility.