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CIBC Investment Solutions – Current Issue
 

CIBC Canadian Banks Index Autocallable Growth Notes, Series 1
Available until December 17, 2018


 

 Annual Autocall Feature

 

 

Upside Participation

75.00%

 

Unlimited Positive Return Potential

 

20.00%  Contingent
Principal Protection

  • Currency: CAD Denominated
  • Reference Index: Solactive Canada Bank Index
  • 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 Index 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 Index Return and 75.00%.
  • Potential Upside: If the Notes are not automatically called by CIBC and if the Reference Index Return at maturity is greater than or equal to 0.00%, Investors will receive a minimum return of 25.00% (annual compounded return of 4.56%) plus an amount equal to the product of the Reference Index Return and 75.00%.

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

5.00%

December 2020

10.00%

December 2021

15.00%

December 2022

20.00%

Maturity Date

25.00%

 

  • Contingent Principal Protection: 20.00% 
  • 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

December 17, 2018

December 21, 2018

December 21, 2023

$5,000

Wood Gundy SyndNET /
Third Party Fundserv CBL10314


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