CIBC Launches International Equity Index ETF

Share post:

CIBC Asset Management Inc. (CAM) has just announced the expansion of its ETF lineup with the launch of the CIBC International Equity Index ETF (CAD-Hedged) (CIEH). CIEH looks to replicate the performance of a large international equity market index from Morningstar Research Inc. These securities will be hedged to the Canadian dollar working upon CIBC’s Index ETFs launched earlier in January, 2023.

ETF Newz Says:

The launch brings CIBC’s ETF lineup to nine index funds, each offering low cost solutions to Canadian investors.

Related

Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

Tim Draper’s Bold Prediction: Bitcoin (BTC) Price Set to Skyrocket to $250K!

In the world of finance, Bitcoin is increasingly recognized as a transformative force. With the potential to challenge...

Bitcoin ETF: Navigating the Perils of SEC Rejection and Fierce Opposition from Funds

A recent court order has directed the Securities and Exchange Commission (SEC) to reconsider its denial of Grayscale's...

Nike’s Shocking 10% Plunge: Sales Outlook Slashed

Nike, a leading athletic apparel⁢ company, ⁣recently announced plans to reduce costs by $2 ‍billion over the next...