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BRIEF-CIBC Asset Management to waive portion of management fee or absorb certain expenses, or both, on additional 48 funds beginning Sept 1

Published 2017-07-21, 12:38 p/m
© Reuters.  BRIEF-CIBC Asset Management to waive portion of management fee or absorb certain expenses, or both, on additional 48 funds beginning Sept 1
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July 21 (Reuters) - Canadian Imperial Bank Of Commerce CM.TO

* CIBC Asset Management lowers fees and simplifies product lineup for Canadian investors

* CIBC Asset Management - implementing management fee reductions of up to 40 bps on 18 funds across mutual fund and private pool lineup effective Sept 1, 2017

* CIBC Asset Management inc - cam to waive portion of management fee or absorb certain expenses, or both, on additional 48 funds beginning September 1

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