The CIBC Commodity Indices are members of the CIBC Benchmark Indices, a family of proprietary indices launched and administered by CIBC . The CIBC Commodity Indices are a series of rules-based, tradable indices that measure the performance of highly liquid commodities.|
As depicted in the illustration below, the CIBC Commodity Indices are organized into three layers. The CIBC Composite Commodity Index, which is composed of four diverse sub-sector indices: the CIBC Agriculture Index, the CIBC Energy Index, the CIBC Base Metals Index and the CIBC Precious Metals Index. In turn, each sub-sector index is composed of a number of single commodity indices. While the CIBC Composite Index is designed to provide investors with broad exposure to physical commodities as an asset class, the sub-sector indices and the single commodity indices allow investors to gain exposure to a particular sector or a single commodity. CIBC Commodity Indices are published daily on Bloomberg, Reuters and www.cibcnotes.com.
The CIBC Commodity Indices are simple and flexible tools that could be used to structure customized products to meet an investor’s specific requirements.
The following table summarizes the CIBC Commodity Indices currently available: