The new risk rating was determined in accordance with the standardized risk classification methodology mandated by the Canadian Securities Administrators. No changes have been made to the investment objectives, investment strategies or management of the fund. CIBC reviews the risk rating for each fund at least annually, and make adjustments whenever the existing investment risk level is no longer appropriate.
Previous Risk Rating | New Risk Rating | |
Low to Medium | Medium |
About CIBC
CIBC is a leading North American financial institution with 10 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across
SOURCE CIBC
© Canada Newswire, source