CIBC unveils sustainable investment solutions

New fund solutions aim for lighter carbon footprint and smaller energy sector exposure than broad market indices

CIBC unveils sustainable investment solutions

CIBC Asset Management (CAM) is providing investors with access to actively managed sustainable investing solutions with the launch of a new group of funds.

Seeking alignment with the values of socially responsible investors, the CIBC Sustainable Investment solutions follow a values-based approach. It uses a proprietary ESG analysis and portfolio construction methodology in conjunction with customized screening from Sustainalytics.

“We have a strong history of responsible investing practices, including an established ESG framework for all portfolio decisions,” said David Scandiffio, president and CEO of CAM. “These new solutions are a natural progression of our focus on innovative offerings that reflect the values of the clients and communities we serve.”

Aside from following a values-based approach, the new solutions aim to have a smaller carbon footprint than broad market indexes, as well as lower exposure to the energy sector. With positive sector screening, they also provide exposure to companies involved in the renewable energy space and green bonds.

The solutions are currently offered both as mutual funds and all-in-one balanced solutions that provide a range of income and long-term capital growth outcomes, with ETF series to be launched in the coming weeks. The specific solutions and series units, along with their fees in %, are as follows:

 

Series A

Series F

ETF Series

CIBC Sustainable Canadian Core Plus Bond Fund

0.90

0.40

0.40

CIBC Sustainable Canadian Equity Fund

1.60

0.60

0.60

CIBC Sustainable Global Equity Fund

1.75

0.75

0.75

CIBC Sustainable Conservative Balanced Solution

1.65

0.65

0.65

CIBC Sustainable Balanced Solution

1.70

0.70

0.70

CIBC Sustainable Balanced Growth Solution

1.75

0.75

0.75

A portion of the revenues CIBC derives from managing the ESG solutions will be donated to organizations that support climate transition activities.

“Through the associated impact donations we are pleased to support organizations focused on climate change, furthering the positive impact our clients seek,” Scandiffio said.

 

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