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CIBC Investment Solutions – Current Issue
 

CIBC Autocallable Notes linked to U.S. Large Cap Banks Portfolio, Series 7 (USD)
Available until September 19, 2018


Annual Autocall Feature

 

30.00%  Contingent
Principal Protection

  • Linked to a portfolio of: Bank of America Corporation, Citigroup Inc., Wells Fargo & Company, JPMorgan Chase & Co.
  • Currency: USD Denominated
  • Call Feature: The Notes will be automatically called by CIBC on the annual anniversary of the Issue Date if the Reference Portfolio Return is greater than or equal to 0.00% on the applicable Valuation Date, subject to the terms set forth below. If the Notes are called by CIBC on any of the Call Dates, Investors will receive a minimum Fixed Return plus 5.00% of the amount, if any, by which the Reference Portfolio Return exceeds such Fixed Return.

·         Fixed Return: The applicable Fixed Return for the purpose of calculating the Variable Return is set out in the table below:

Fixed Return

Year 1

8.25%

Year 2

16.50%

Year 3

24.75%

Year 4

33.00%

Maturity Date

41.25%

 

  • Contingent Principal Protection: 30.00% 
  • Selling Concession: 2.75%
  • Eligible for registered accounts: RRSPs, RRIFs, RESPs, RDSPs, certain DPSPs, and TFSAs.

Term

Available Until

Issue Date

Maturity Date

Minimum Investment

How To Buy

5 years

19 September 2018

25 September 2018

25 September 2023

US$5,000

Wood Gundy SyndNET /
Third Party Fundserv CBL10189

 


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