Canadian Imperial Bank of CommerceTSX: CM

CIBC Global Asset Management Opens the Market

· Issued by Canadian Imperial Bank of Commerce via Newsfile

Summary by 6ix AI

CIBC Global Asset Management (CIBC GAM) and Avantis Investors opened the market at the Toronto Stock Exchange (TSX) on October 2, 2026 to mark the launch of three new all-in-one Avantis CIBC Asset Allocation ETFs (exchange-traded funds, which trade on a stock exchange).

Key details

  • The three funds are Avantis CIBC Balanced Asset Allocation ETF (TSX: CAKE), Avantis CIBC Growth Asset Allocation ETF (TSX: CAGR) and Avantis CIBC World Equity ETF (TSX: CAGX).
  • CAKE is described as a balanced portfolio in a single ETF with diversified global exposure to equity and fixed income markets; CAGR holds both but with a higher allocation to equities, aimed at long-term capital growth.
  • CAGX provides exposure to companies in developed and emerging markets worldwide, with Canada weighted by market capitalization (company market value).
  • The funds are the latest addition to the Avantis CIBC ETF family.

6ix AI wrote this summary from the release below and checked it against the release.

Toronto, Ontario--(Newsfile Corp. - October 2, 2026) - Phil McInnis, Chief Investment Strategist, Avantis Investors and Caitlin Ebanks, Director, Head of Digital and Institutional ETF Strategy, CIBC Global Asset Management ("CIBC GAM" or the "Company") and their teams, joined Keith Wu, Head, Exchange Traded Products, Toronto Stock Exchange ("TSX"), to open the market and celebrate the launch of three new all-in-one Avantis CIBC Asset Allocation ETFs:

  • Avantis CIBC Balanced Asset Allocation ETF (TSX: CAKE)

  • Avantis CIBC Growth Asset Allocation ETF (TSX: CAGR)

  • Avantis CIBC World Equity ETF (TSX: CAGX)

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CAKE offers a balanced portfolio solution in a single ETF, providing diversified global exposure to equity and fixed income markets.

CAGR offers a growth-oriented portfolio solution in a single ETF, providing diversified global exposure to equity and fixed income markets while emphasizing long-term capital appreciation through a higher allocation to equities.

CAGX is a single ticker solution, providing diversified exposure to companies around the world in both developed and emerging markets, with a market-cap weight to Canada.

These products are the latest addition to the Avantis CIBC ETF family. View the full lineup at cibc.com/avantisetfs.

MEDIA CONTACT:
Kira Smylie
Senior Consultant, Public Affairs
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/317064

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