CIBC Canadian Bond Index ETF
Overview
This ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a Canadian aggregate bond index that measures the investment return of the Canadian investment grade bond market. Currently, this CIBC ETF seeks to track the Morningstar Canada Core Bond Index To achieve their investment objectives and to obtain exposure to the Constituent Securities of the applicable Index, the CIBC Index ETFs: invest in and hold the Constituent Securities of the applicable Index in approximately the same proportion as they are reflected in that Index. may also hold cash and cash equivalent or other money market instruments in order to meet their current obligations;Āæ may, in certain circumstances and at the discretion of the Manager or Portfolio Advisor, employ a sampling strategy.