Skip to main content Home | Contact Information | Français | Sign On
 
   
CIBC Investment Solutions – Current Issue
 

CIBC Autocallable Growth Notes linked to Canadian Infrastructure Portfolio, Series 1
Available until December 10, 2018


 Annual Autocall Feature

 

 

Upside Participation

100.00%

 

Unlimited Positive Return Potential

 

25.00%  Contingent
Principal Protection

  • Currency: CAD Denominated
  • Reference Portfolio: The common shares listed on the TSX of the following four companies from the Canadian infrastructure industry:

Enbridge Inc.

Inter Pipeline Ltd.

Pembina Pipeline Corporation

TransCanada Corporation

  • Call Feature: The Notes will automatically be called by CIBC on the first, second, third or fourth 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 an amount equal to equal to the product of the Reference Portfolio Return and 100.00%.
  • Potential Upside: If the Notes are not automatically called by CIBC and if the Reference Portfolio Return at maturity is greater than or equal to 0.00%, Investors will receive a minimum return of 35.00% (annual compounded return of 6.19%) plus an amount equal to the product of the Reference Portfolio Return and 100.00%.

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

Fixed Return

December 2019

7.00%

December 2020

14.00%

December 2021

21.00%

December 2022

28.00%

Maturity Date

35.00%

 

  • Contingent Principal Protection: 25.00% 
  • 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

5 years

December 10, 2018

December 14, 2018

December 14, 2023

$5,000

Wood Gundy SyndNET /
Third Party Fundserv CBL10312


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