To generate a high level of current cash flow by investing primarily in income producing securities including income trusts, preferred shares, common shares and fixed income securities.
Minimum Initial Investment:
Lump Sum
Initial: $500
Subsequent: $100
| Front-End Load Option | ATL910 |
|---|---|
| Back-End Load Option | - |
| Low Load Option | - |
| Closed to all purchases | |||||||||
| Front-End Load Option | - | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Back-End Load Option** | ATL859 | ||||||||
| Low Load Option** | ATL668 | ||||||||
| Inception Date | Oct 30, 1997 |
|---|---|
| Fund Code | ATL859 |
| Assets Under Management ($000) As at : April 30, 2025 | $38,815 |
CIBC Asset Management is one of Canada's largest asset management firms and provides a broad range of high-quality global investment management solutions to retail and institutional clients.
Adam Ditkofsky, CFA
Senior Portfolio Manager
Adam Ditkofsky is one of the firm’s senior portfolio managers, overseeing the Core and Core Plus fixed income team and their mandates. Mr. Ditkofsky has more than 15 years of experience at the firm and managing fixed income portfolios. As part of his role, he specializes in duration management, yield curve positioning, sector allocation and security selection.
Prior to becoming a portfolio manager, in his previous position Mr. Ditkofsky was a Senior Credit Analyst at CIBC Asset Management (CAM), covering both investment grade and high-yield companies across multiple sectors and regions. Prior to joining CAM in 2008, he held the role of Credit Analyst at CIBC World Markets.
Mr. Ditkofsky holds an MBA degree from the University of Western Ontario, and a Bachelor of Commerce degree from Concordia University. He is also a Chartered Investment Manager (CIM) and Chartered Financial Analyst (CFA) charterholder and a member of the CFA Society of Toronto.
Natalie Taylor, CFA
Portfolio Manager
Natalie Taylor is a member of the Equities team. She is responsible for contributing to the management of multiple Canadian Equity portfolios. Her role includes portfolio construction, research and fundamental analysis, security selection and risk mitigation.
Ms. Taylor joined CAM in 2013, as a Portfolio Manager, and managed value, dividend value and North American financial sector portfolios. Her previous work experience included Research Analyst, Global Equities at RBC Global Asset Management, where she covered North American, European and Asian financial and consumer discretionary sectors.
Ms. Taylor holds a BBA degree from Wilfrid Laurier University. She is also a CFA charterholder and a member of the CFA Society of Toronto.
Jeremy Kinney, CFA
Portfolio Manager
Jeremy Kinney is a member of the Global Fixed Income team and lead portfolio manager of our High-Yield strategy overseeing all facets of the research, portfolio construction, and risk management processes.
Most recently, Mr. Kinney held the role of Senior High-Yield Credit Analyst at iA Clarington Investments. Prior to that, he was a High-Yield Credit Analyst and Associate Portfolio Manager at Sentry Investments. Mr. Kinney started his career at CIBC in 2001 and held the position of High Yield Credit Analyst, Assistant Vice President at CIBC Asset Management from 2011-2015.
Mr. Kinney holds an MS from the City University of New York and a BA from Dalhousie University. He is also a CFA charterholder and a member of the CFA Society of Toronto.
Dave Chan, CFA
Portfolio Manager
Dave supports the global equity franchise at CIBC Asset Management with a focus on the U.S., including large- and mid-cap equities. He helps to support the team in all aspects of our investment process including idea generation, fundamental analysis, and team vetting.
Dave has been a global investor for over 15 years. Before joining CIBC Asset Management in 2022, he was a U.S. Portfolio Manager at Foyston, Gordon & Payne. He joined Foyston, Gordon & Payne in 2015 as Senior Research Analyst. He became a Portfolio Manager of U.S. equities in 2016, and was a member of their Senior Investment Committee thereafter.
Dave’s investment career began in 2007 at Merrill Lynch Canada, where he was a research associate covering Canadian financial services. He later moved to Empire Life Investment Management and Mackenzie Investments covering global equities for both firms.
Dave holds a Bachelor of Science degree from the University of Toronto and an MBA from the Schulich School of Business at York University. He is also a CFA charterholder and a member of the CFA Society of Toronto.
Style
| 3 mo | 6 mo | YTD | 1 yr | 3 yrs | 5 yrs | 10 yrs | Since Inception |
|---|---|---|---|---|---|---|---|
| (0.7%) | 0.1% | 1.7% | 9.6% | 5.7% | 6.0% | 4.7% | 6.3% |
As at: April 30, 2025 Performance figures are net of fees.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| 11.1% | 7.5% | (10.3%) | 11.3% | 5.90% | 15.2% | (4.1%) | 7.0% | 10.7% | (4.1%) |
The rate of return or mathematical table shown is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the fund or returns on investment in the fund.
†Please refer to the Annual/Interim Management Reports of Fund Performance for further details.
**Effective May 13, 2022, all deferred sales charge (referred to as DSC) purchase options (i.e. back-end load and low-load options) are closed to new purchases, including purchases through pre-authorized chequing plans. Switches to units of another Fund managed by CIBC Asset Management Inc. under the same DSC purchase option will continue to be available.
The Fund aims to distribute a consistent amount every month. If the amount distributed exceeds the Fund's net income and net realized capital gains, such excess will constitute a return of capital. The amount of distribution is not guaranteed and may change from time to time.
This material is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus before investing. To obtain a copy of the simplified prospectus, call 1-888-888-FUND (3863). Alternatively, you may obtain a copy from your advisor.
Any information or discussion about the current characteristics of this mutual fund or how the portfolio manager is managing the mutual fund that is supplementary to information in the prospectus is not a discussion about material investment objectives or strategies, but solely a discussion of the current characteristics or manner of fulfilling the investment objectives and strategies, and is subject to change without notice.
The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions, but do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns.
Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer, nor are they guaranteed.
Past performance may not be repeated and is not indicative of future results.
The material and/or its contents may not be reproduced without the express written consent of CIBC Asset Management Inc.
