CIBC Launches Three New ETFs for Diversified Investment Options

CIBC Global Asset Management has launched three new exchange-traded funds (ETFs) designed to provide investors with diversified global exposure across equity and fixed income markets. The launch, which took place on October 2, 2026, was marked by a special opening ceremony at the Toronto Stock Exchange (TSX).

The new ETFs, developed by Avantis Investors and CIBC Global Asset Management, include the Avantis CIBC Balanced Asset Allocation ETF (TSX: CAKE), the Avantis CIBC Growth Asset Allocation ETF (TSX: CAGR), and the Avantis CIBC World Equity ETF (TSX: CAGX).

CAKE, the Balanced Asset Allocation ETF, offers a balanced portfolio solution, providing investors with diversified exposure to both equity and fixed income markets. This ETF aims to balance risk and return, making it suitable for investors seeking a moderate approach to asset allocation.

CAGR, the Growth Asset Allocation ETF, focuses on long-term capital appreciation through a higher allocation to equities. This ETF is designed for investors who are willing to take on more risk in pursuit of higher potential returns.

CAGX, the World Equity ETF, provides diversified exposure to companies across both developed and emerging markets, with a market-cap weight to Canada. This ETF is ideal for investors looking to gain exposure to a wide range of global equities.

The launch of these ETFs comes as the financial industry continues to see a surge in demand for ETFs, driven by their simplicity, transparency, and cost-effectiveness. With the new offerings, CIBC Global Asset Management aims to cater to a broader spectrum of investor needs, from those seeking a balanced approach to those focused on long-term growth.

The launch of these ETFs is part of CIBC Global Asset Management's ongoing efforts to expand its product offering and meet the evolving needs of its clients. The company continues to invest in research and development to ensure that its products remain at the forefront of the industry.