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.
CIBC Launches International Equity Index ETF
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ETF Newz Says:
The launch brings CIBC’s ETF lineup to nine index funds, each offering low cost solutions to Canadian investors.