CIBC lists six new sustainable ETFs on NEO Exchange

Chicago, July 19 – CIBC Asset Management, the asset management subsidiary of Canadian Imperial Bank of Commerce, has listed six new exchanged-traded funds on the NEO Exchange, according to a press release.

The six actively managed, sustainable ETFs are the:

• CIBC Sustainable Canadian Core Plus Bond Fund – ETF Series (CSCP);

• CIBC Sustainable Canadian Equity Fund – ETF Series (CSCE);

• CIBC Sustainable Global Equity Fund – ETF Series (CSGE);

• CIBC Sustainable Conservative Balanced Solution – ETF Series (CSCB);

• CIBC Sustainable Balanced Solution – ETF Series (CSBA); AND

• CIBC Sustainable Balanced Growth Solution – ETF Series (CSBG).

Using CIBC’s environmental, social and governance analysis alongside data from Sustainalytics, the lineup of ETFs is designed to offer a smaller carbon footprint and lower energy sector exposure than broad market indexes, and employs positive screening for companies involved in the renewable energy space and green bonds.

The diversified financial institution is based in Toronto.

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