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CIBC U.S. Dollar Money Market Fund
Investment objective:
To maximize income while attempting to preserve capital and maintain liquidity by investing primarily in highly liquid, low-risk U.S. and Canadian money market instruments denominated in U.S. dollars.
Rate Information
The Fund may be suitable for:
- The cash and cash equivalents portion of a diversified investment portfolio
- Investors who want to invest in U.S. dollars
- Those who want quick and easy access to their U.S. dollar investments and/or may need their money in less than one year
- For those with $100,000 to invest, the U.S. Dollar Money Market Fund - Premium Class is available
What are the risks of investing in the Fund?
- Despite the Fund's intention to maintain a price of US$10 per unit, there is no guarantee that such price will not go down
- Asset-backed and mortgage-backed securities risk, class risk, concentration risk, currency 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 (low to high): The lower the volatility ranking, the lower the risk of the fund. Funds with a volatility ranking of high are the most risky.
** Other dealers may have different minimum dollar requirements.
† Please check with your dealer regarding whether a particular class/series (or purchase option) is available for purchase within a registered account.
View CIBC Mutual Funds Financial Reports and Prospectuses