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About CIBC Canadian Short-Term Bond Index ETF Trust Units
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Inception date
Jan 23, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
CIBC Asset Management, Inc.
ISIN
CA12569M1095
The fund provides broad exposure to Canadian bonds with maturities of between one to five years. The fund tracks an index of short-term, fixed-rate, CAD-denominated securities that are rated investment grade. The portfolio may include both government and corporate bonds. However, to ensure equal weighting between public and private sectors, the fund caps government bonds to 50% on a pro-rata basis, with any excess weight redistributed to corporate issuers in the index. The fund excludes securitized/covered bonds and securities by supranational issuers. The market value-weighted index is reconstituted and rebalanced monthly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Corporate
Bonds, Cash & Other100.00%
Government56.20%
Corporate43.65%
Cash0.15%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CSBI invests in bonds. The fund's major sectors are Government, with 56.20% stocks, and Corporate, with 43.65% of the basket. The assets are mostly located in the North America region.
CSBI top holdings are Canada Treasury Bonds 2.75% 01-SEP-2027 and Canada Treasury Bonds 3.5% 01-SEP-2029, occupying 15.50% and 6.40% of the portfolio correspondingly.
CSBI last dividends amounted to 0.05 CAD. The month before, the issuer paid 0.05 CAD in dividends,
Yes, CSBI pays dividends to its holders with the dividend yield of 2.74%. The last dividend (Oct 3, 2025) amounted to 0.05 CAD. The dividends are paid monthly.
CSBI shares are issued by Canadian Imperial Bank of Commerce under the brand CIBC. The ETF was launched on Jan 23, 2023, and its management style is Passive.
CSBI expense ratio is 0.08% meaning you'd have to pay 0.08% of your investment to help manage the fund.
CSBI follows the Morningstar Canada 1-5 Yr Core Bond Index - CAD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CSBI invests in bonds.
CSBI price has risen by 0.29% over the last month, and its yearly performance shows a 0.39% increase. See more dynamics on CSBI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.57% over the last month, showed a 0.94% increase in three-month performance and has increased by 3.03% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.57% over the last month, showed a 0.94% increase in three-month performance and has increased by 3.03% in a year.
CSBI trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.