CIBC EXPANDS FUND LINE UP CIBC
By Adnews Staff
Securities added four new funds to its no-load mutual fund family this wek, bringing its total to 32. The new products are: the Candian Bond Index Fund, Financial Companies Fund, Canadian Real Estate Fund and the International Small Companies Fund. The Canadian Bond Index Fund will represent more than 77 federal, provincial and corporate bonds. The Financial Companies Funds will invest primarily in Canadian comanies involved in the provision of financial services including banks, trust companies, insurance and investment management companies. The Canadian Real Estate Fund will invest in Canadian companies involved in the ownership or management of real estate assets and Real Estate Investment Trusts. The International Small Companies Fund will invest in smaller companies outside Canada and the U.S. that are undervalued and/or have strong potential for growth. CIBC will launch a national print campaign for its entire family of funds in November. It will be created by Padulo Integrated of Toronto. The company is still deciding whether to launch a separate campaign for the Financial Companies fund.