CIBC Short-Term Income Fund
(formerly CIBC Mortgage and Short-Term Income Fund)
Investment Objective:
To maximize interest income while attempting to preserve capital and maintain liquidity by investing primarily in high quality, short-term debt securities issued by the Government of Canada or any Canadian provincial government, obligations of Canadian banks and trust companies, and commercial paper with an approved credit rating.
The Fund May Be Suitable for:
- The core part of a cash and cash equivalents portion of a diversified investment portfolio
- Those who want quick and easy access to their money and/or may need their money in less than one year
- Those with at least $100,000 to invest (which is the minimum initial investment for Premium Class units of this Fund)
What Are the Risks of Investing in the Fund?
- Despite the Fund's intention to maintain a price of $10 per unit, there is no guarantee that such price will not go down
- Class risk, derivative risk, fixed income risk, foreign market risk, general market risk, legal and regulatory risk, securities lending, repurchase and reverse repurchase agreements risk
- Refer to the Simplified Prospectus for more details
* Volatility (1-6): The lower the volatility ranking, the lower the risk of the fund. Funds with a volatility ranking of 6 are the most risky.
** Other dealers may have different minimum dollar requirements.
† Premium Class units of this Fund are not eligible for RESP accounts offered by CIBC Securities Inc.
View CIBC Mutual Funds Financial Reports and Prospectuses
Disclaimers:
Important information about CIBC Securities Inc. and mutual funds
Fund Details
Fund Assets
Net Asset Value
Eligible for Registered Plans:
Minimum Initial Investment**:
Minimum Subsequent Investment**:
Regular Investment
Plan** (Min/Mth):
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