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

CIBC Canadian Banks Index Autocallable Notes, Series 40
Available until January 25, 2019


Linked to

Solactive Canada Bank Index

 

 

Semi-Annual Autocall Feature

(starting in January

2020)

 

30.00%  Contingent
Principal Protection

  • Currency: CAD Denominated
  • Call Feature: The Notes will automatically be called by CIBC on a Call Date if the Reference Index Return on the applicable Valuation Date is greater than or equal to 0.00%. If the Notes are called by CIBC on any of the Call Dates, Investors will receive a minimum Fixed Return plus 10.00% of the amount, if any, by which the Reference Index 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

January 2020

8.00%

July 2020

12.00%

February 2021

16.00%

August 2021

20.00%

January 2022

24.00%

August 2022

28.00%

January 2023

32.00%

July 2023

36.00%

Maturity Date

40.00%

 

  • Contingent Principal Protection: 30.00% 
  • Selling Concession: 2.50%
  • 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

25 January 2019

31 January 2019

31 January 2024

$5,000

Wood Gundy SyndNET /
Third Party Fundserv CBL10337


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