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CIBC TO SELL MUTUAL FUND PACKAGES

The Canadian Imperial Bank of Commerce will introduce a mutual fund program next week that will help investors choose their investments. Called CIBC Choice Funds, the program bundles Canada's best mutual funds into five packages geared to customers' investment objectives and risk tolerance. Clients receive a customized portfolio that fits their individual investment profile. The Choice Funds program will be sold through CIBC Investor's Edge discount brokerage and through CIBC Investment Specialists. The initial investment in the program is $25,000. The program will be supported with a national print campaign created by Padulo Integrated of Toronto.

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