CIBC Asset Management Inc. announces the launch of three asset allocation ETFs to expand our all-in-one solution suite
Executive Summary
- CIBC Asset Management announced the launch of three new low‑cost, asset‑allocation ETFs (CIBC Conservative, Balanced, and Balanced Growth) trading on the Toronto Stock Exchange.
- All three funds carry a 0.15% management fee and are designed to provide diversified exposure through strategic mixes of equity and fixed‑income assets.
- The new offerings expand CIBC’s all‑in‑one solution suite to four asset‑allocation portfolios, complementing the previously launched CIBC All‑Equity ETF Portfolio.
Key Details
- ETF Tickers & Names
- CCON – CIBC Conservative ETF Portfolio (60% fixed income / 40% equity)
- CBLN – CIBC Balanced ETF Portfolio (60% equity / 40% fixed income)
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CGRW – CIBC Balanced Growth ETF Portfolio (75% equity / 25% fixed income)
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Management Fee: 0.15% for each of the three new ETFs (excludes taxes and other expenses).
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Asset Mixes:
- CCON – 60% fixed income, 40% equity
- CBLN – 60% equity, 40% fixed income
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CGRW – 75% equity, 25% fixed income
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Portfolio Expansion: With the earlier launch of the CIBC All‑Equity ETF Portfolio (CEQY) on August 25, 2025, CAM now offers four low‑cost asset‑allocation ETFs covering a range of risk tolerances.
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Trading Commencement: The ETFs have closed their initial offerings and began trading on the Toronto Stock Exchange as of the announcement date.
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Strategic Rationale (Quote): “With the launch of these new ETFs, we are expanding our all‑in‑one solution suite to ensure investors can access our asset allocation strategies in the vehicle that best suits their needs,” said Greg Gipson, Managing Director and Head, ETFs, CIBC Asset Management.
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Distribution Channel: The ETFs are managed by CIBC Asset Management Inc., a subsidiary of Canadian Imperial Bank of Commerce; distribution is handled by CIBC Securities Inc.
Notable Quotes
“Whether clients prefer ETFs or mutual funds, our delivery‑agnostic approach means they can build diversified portfolios aligned to their risk tolerance and investment goals, all with the convenience and flexibility of a single ticket.” – Greg Gipson, Managing Director and Head, ETFs, CIBC Asset Management.