The CIBC managed income portfolio was developed to enable a customer to invest in a single mutual fund with assets, like income, savings, and growth funds to obtain regular revenues.
Up to 100% of assets are invested in the underlying funds under the following proportion:
- 75% - income funds
- 20% - growth
- 5% - savings
But, the proportion is reviewed periodically based on changes in financial markets.
The CIBC managed income portfolio may fit investors, who looking for:
- medium or short investment horizon
- diversification of your assets within one mutual fund
- rely more on getting regular stable profits than on asset growth
If you have additional questions about the CIBC managed income portfolio price history or current quotes, you should call 1-800-465-3863 on Mon-Fri from 8 am to 8 pm.