Investment Thesis

Email

Tel

TOP DOWN

A top-down macro model is used to determine broader asset allocation based on the following environments:

Deflationary boom. Inflation lower, growth higher
Deflationary bust. Inflation lower, growth lower
Inflationary boom. Inflation higher, growth higher
Inflationary bust. Inflation higher, growth lower

To reduce turnover, trend inflation and growth environments are considered

BOTTOM UP

Once sector allocation and duration are determined, individual securities are selected by analyzing micro-drivers.

DERIVATIVES OVERLAY

Low risk derivatives overlay is used to:

Boost returns
Reduce risk

Rates
FAQ
Agreements
Trademarks & Disclaimers
Privacy & Security
CIRO AdvisorReport
Accessibility at CIBC

Manage Cookie Preferences
Cookie Policy

CIBC Private Wealth” consists of services provided by CIBC and certain of its subsidiaries through CIBC Private Banking; CIBC Private Investment Counsel, a division of CIBC Asset Management Inc. (“CAM”); CIBC Trust Corporation; and CIBC Wood Gundy, a division of CIBC World Markets Inc. (“WMI”). CIBC Private Banking provides solutions from CIBC Investor Services Inc. (“ISI”), CAM and credit products. CIBC Private Wealth services are available to qualified individuals. Insurance services are only available through CIBC Wood Gundy Financial Services Inc. In Quebec, insurance services are only available through CIBC Wood Gundy Financial Services (Quebec) Inc.

CIBC Private Wealth services are available to qualified individuals. The CIBC logo and “CIBC Private Wealth” are trademarks of CIBC, used under license.