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CIBC Investment Solutions – Current Issue
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CIBC Autocallable Coupon Notes linked to U.S. Large Cap Banks Portfolio, Series 11
Available until April 27, 2018
4.00% Semi-Annual
Contingent Coupon Payments
(8.00% per annum) |
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Semi-Annual Autocall Feature (starting in November 2018) |
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20.00% Contingent Principal Protection |
- Linked to a portfolio of: Bank of America Corporation, Morgan Stanley, The Goldman Sachs Group, Inc., Citigroup Inc.
- Currency: CAD Denominated
- Cash flow: The Notes offer the opportunity to obtain semi-annual Coupon Payments equal to the Coupon Amount of 4.00% per Note if the Reference Portfolio Return on the applicable Valuation Date is greater than or equal to -20.00%.
- Call Feature: The Notes will automatically be called by CIBC on a Call Date if the Reference Portfolio Return on the applicable Valuation Date is greater than or equal to 0.00%.
- Contingent Principal Protection: 20.00%
- Selling Concession: 2.25%
- Eligible for registered accounts: RRSPs, RRIFs, RESPs, RDSPs, certain DPSPs, and TFSAs
Term |
Available Until |
Issue Date |
Maturity Date |
Minimum Investment |
How To Buy |
6 years |
27 April 2018 |
03 May 2018 |
03 May 2024 |
$5,000 |
Wood Gundy: SyndNET
Third Party: Fundserv CBL10028 |
A copy of the Offering Document may be obtained by clicking on the link below or contacting your investment advisor.
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