Important information about CIBC Securities Inc. and mutual funds
CIBC Global Technology Fund was awarded the 2024 FundGrade A+® Award in the Global Equity CIFSC category. The FundGrade A+® Award is calculated from December 31, 2014 to December 31, 2024 out of a total of 306 funds. Performance for the fund (Class A) for the period ended December 31, 2024 is as follows: 31.2% (1 year), 10.6% (3 years), 15.6% (5 years), 17.4% (10 years) and 9.1% (since inception on December 11, 1995) net of fees.
FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. For more information, visit FundGrade A+® Awards Opens a new window.. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.