Key Takeaways
- • CIBC Canadian Real Estate Fund Class A (CIB506.CF) trades on the CADFUNDS exchange with a 5-day trading range of CAD $37.37–$38.45 as of June 5, 2018.
- • The fund maintains a minimum initial investment of CAD $500 with subsequent investments of CAD $25, targeting long-term capital appreciation through exposure to Canadian real estate investment trusts and the broader real estate sector.
- • Fund assets stood at approximately CAD $32.7 million with a net asset value of CAD $12.24, positioning it as a specialized real estate equity vehicle for retail and institutional investors.
- • The fund is structured to invest at least 90% of equity holdings in the real estate sector, aligning with Canadian Investment Funds Standards for Real Estate Equity category classification.
Summary
The CIBC Canadian Real Estate Fund Class A (CIB506.CF) is a Canadian-domiciled mutual fund traded on the CADFUNDS exchange, designed to provide long-term growth through capital appreciation by investing primarily in Canadian real estate investment trusts and related real estate industry securities. As of the June 5, 2018 reporting date, the fund demonstrated a 5-day trading range of CAD $37.37 to $38.45, reflecting modest daily volatility typical of real estate-focused equity funds during this period.
The fund's operational structure reflects accessibility to institutional and retail investors. With a minimum initial investment of CAD $500 and subsequent minimum investments of CAD $25, the fund maintains a relatively low barrier to entry. As of the latest available snapshot, total fund assets were valued at approximately CAD $32.7 million with a net asset value of CAD $12.24 per unit, indicating a mid-sized fund within the Canadian real estate mutual fund landscape.
Fund composition adheres to regulatory standards requiring at least 90% of equity holdings to be invested in the real estate sector, ensuring concentrated exposure to real estate investment trusts, real property companies, and ancillary real estate services. This mandate positions the fund as a pure-play real estate equity vehicle, distinguishing it from diversified balanced funds with partial real estate exposure. The fund's focus on long-term capital appreciation rather than income distribution reflects an appreciation-oriented investment philosophy typical of growth-focused real estate funds during the 2018 market environment.
The fund's operational structure reflects accessibility to institutional and retail investors. With a minimum initial investment of CAD $500 and subsequent minimum investments of CAD $25, the fund maintains a relatively low barrier to entry. As of the latest available snapshot, total fund assets were valued at approximately CAD $32.7 million with a net asset value of CAD $12.24 per unit, indicating a mid-sized fund within the Canadian real estate mutual fund landscape.
Fund composition adheres to regulatory standards requiring at least 90% of equity holdings to be invested in the real estate sector, ensuring concentrated exposure to real estate investment trusts, real property companies, and ancillary real estate services. This mandate positions the fund as a pure-play real estate equity vehicle, distinguishing it from diversified balanced funds with partial real estate exposure. The fund's focus on long-term capital appreciation rather than income distribution reflects an appreciation-oriented investment philosophy typical of growth-focused real estate funds during the 2018 market environment.
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