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CIBC Investment Solutions – Current Issue
 

CIBC Canadian Market Return GICs (5 Year) due July 6, 2023
Available until June 29, 2018


Coupon Amounts will be paid on each Coupon Payment Date during the term of the GICs and will be equal to your Principal Amount multiplied by the Coupon Rate. You will be entitled to receive the Coupon Amount on each Coupon Payment Date regardless of the performance of the Asset. The final Coupon Payment Date will occur on the Maturity Date. It is possible that you will only receive the Coupon Amounts during the term of the GICs.

Variable Interest, if any, will be paid at maturity and will be equal to your Principal Amount multiplied by the GIC Return. The GIC Return will be equal to the Asset Return multiplied by the Participation Rate, provided that if such number is less than or equal to zero, the GIC Return will be equal to zero.  No Variable Interest will be payable at maturity unless the GIC Return is positive. If no Variable Interest is payable, you will still be entitled to receive your Principal Amount and the final Coupon Amount at maturity.

For GICs linked to an underlying index (an “Index” and collectively, the “Indices”), the Asset Return will measure the percentage increase or decrease in the Closing Level of the Index, measured from its Start Level to its End Level.

For GICs linked to a portfolio of shares (each a “Share” and collectively, the “Shares”) of the companies described on page 5 of this Information Statement (each a “Company” and collectively, the “Companies”), the Asset Return will be equal to the average of the Share Returns. The Share Return for each Share will measure the percentage increase or decrease in the Closing Level of each Share, measured from each Start Level to each End Level, subject to a minimum Share Return of -25.00% for each Share.  

FundSERV Code

Current GICs

Asset

Term

Annual Coupon Rate

Participation Rate

Issue Date

Maturity Date

CBL 3037

CIBC Canadian Market Return GICs

S&P/TSX 60 Index

3 Years

0.50%

55%

July 6, 2018

July 6, 2021

CBL 1683

CIBC Canadian Market Return GICs

S&P/TSX 60 Index

5 Years

0.50%

75%

July 6, 2018

July 6, 2023

 

 

 

 

 

 

 

 

CBL 3038

CIBC Canadian Financials Market Return GICs

Solactive Canada Bank Index

3 Years

0.50%

65%

July 6, 2018

July 6, 2021

CBL 1684

CIBC Canadian Financials Market Return GICs

Solactive Canada Bank Index

5 Years

0.50%

95%

July 6, 2018

July 6, 2023

 

 

 

 

 

 

 

 

CBL 2020

CIBC Market Return GICs

North American Portfolio of 10 shares

2 Years

0.50%

45%

July 6, 2018

July 6, 2020

CBL 3039

CIBC Market Return GICs

North American Portfolio of 10 shares

3 Years

0.50%

60%

July 6, 2018

July 6, 2021

CBL 1685

CIBC Market Return GICs

North American Portfolio of 10 shares

5 Years

0.50%

90%

July 6, 2018

July 6, 2023


A copy of the Offering Document may be obtained by clicking on the link below or contacting your investment advisor.