CIBC Launches International Equity Index ETF

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.

Heavily Traded ETFs
SPDR S&P 500 - SPY
Invesco QQQ
Vanguard S&P 500 - VOO
Vanguard Total Market - VTI
Energy Select Sector - XLE

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