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CIBC Investment Solutions – Current Issue

CIBC Market Mix GICS (5 years) due April 5, 2024
Available until April 1, 2019

The CIBC Market Mix GICs (the “GICs”) are issued by Canadian Imperial Bank of Commerce. The GICs entitle you to a payment at maturity of an amount in Canadian dollars consisting of your Principal Amount and a potential interest payment (the “Variable Interest”) linked to the price performance of a notional equally weighted global portfolio of the following indices: S&P/TSX 60 Index, S&P 500 Index, EURO STOXX 50® Index, and Nikkei 225 Index (each an “Index” and collectively, 
the “Indices”). The list of available GICs and key information is summarized below:

FundSERV Code

Current GICs



Participation Rate

Issue Date

Maturity Date

CBL 3085

CIBC Market Mix GICs

3 Years

Equally weighted global portfolio of Indices


April 5, 2019

April 5, 2022

CBL 1731

CIBC Market Mix GICs

5 Years


April 5, 2019

April 5, 2024


Interest Calculation

Variable Interest, if any, will be paid at maturity and determined by multiplying your Principal Amount by the GIC Return. The GIC Return will be equal to the Participation Rate multiplied by the Portfolio Return, provided that if such number is less than or equal to zero, the GIC Return will be equal to zero. The Portfolio Return will be equal to the average of the four (4) Index Returns. The Index Return for each Index will measure the percentage increase or decrease in the Closing Level of that Index, measured from its Closing Level on the Issue Date to its Closing Level on the Valuation Date.  It is possible that no Variable Interest will be payable at maturity on the GICs. No Variable Interest will be payable at maturity unless the Portfolio Return is positive. If no Variable Interest is payable, you will still be entitled to receive your Principal Amount at maturity.

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