Rocket science would be a tricky business as we know very little about aerodynamics or propulsion systems.
CASH & CURRENCY MANAGEMENT
A thoughtful and dynamic cash management program can help increase your organization's effectiveness by maximizing the return on cash reserves while preserving capital and liquidity characteristics.
Our multi-strategy tailored approach is specifically designed to help executives and treasury managers responsible for managing corporate and institutional cash resources deliver
FIXED INCOME MANAGEMENT
A well-diversified fixed income portfolio will perform well through various interest rate scenarios and macro environments to help deliver stable income and yield while ensuring safety of principle and liquidity.
Working within your organization's investment policy and regulatory structure, we can design discretionary fixed income portfolio's to meet your investment objectives – no matter how constrained or flexible your investment guidelines.
From government only solutions, to investment grade corporate, targeted cash-flow portfolios and alternative fixed-income instruments, we have the resources and expertise to deliver best-in-class fixed income solutions.
The ability to hold multiple currencies and transact in one account can greatly improve your organization's efficiency by streamlining administrative procedures and simplifying foreign exchange processes.
Through one CIBC Wood Gundy account, you can hold and transact in over 18 major global currencies with access to highly competitive foreign exchange rates, while simultaneously facilitating domestic electronic fund transfers (EFTs) and international wires.
We can help you design and implement a foreign currency strategy and provide currency projections and research to help your organization capitalize on global opportunities.
Multiple currencies. Simple transactions. All in one account.
DUAL CURRENCY TRANSACTIONS
Dual currency transactions can help increase the yield on your organization's short-term deposits by providing an enhanced coupon rate relative to standard money market instruments based on the performance of an underlying currency pair.
At maturity, CIBC will pay investors in either currency depending upon the exchange rate on a specified reference date. Regardless of the payment currency, investors benefit from the enhanced coupon – even if converted to the alternate currency, the conversion level will be better than the exchange rate at inception.
- Short-term investment, typically 1 to 3 months
- Repayment at maturity in deposit currency or alternate currency
- Enhanced yield in either currency
- Conversion depends on the exchange rate on a reference date
FOREIGN EXCHANGE (FX) FORWARDS
Foreign Exchange Forwards can offer institutional and high net worth clients the opportunity to hedge their currency risk through the use of a Foreign Exchange Forward contract (FX Forward). These instruments allow an investor to purchase currency from CIBC at a future settlement date at an agreed exchange rate.
We can help you implement an active hedging program to mitigate your foreign exchange risk using FX forwards by either locking in the cost of a foreign currency or protecting future proceeds in a foreign currency.
- Protect profit margins: lock-in revenue on products and services sold in foreign currencies
- Cost efficiencies: determine costs upfront on products and services purchased in foreign currencies
- Remove uncertainty: lock-in exchange rate as much as six months in advance
Structured notes offer investors many potential benefits. They provide principal protection at maturity - a vital investor concern in volatile markets - while still offering investors the opportunity to participate in the growth potential of equity, fixed income or specialty markets.
We can customize a variety of structured solutions to meet specific requirements for institutions and high net worth individuals who meet certain criteria. Whether your goal is to enhance the yield on a fixed income portfolio or gain access to a foreign equity market in local currency, we can design a solution that satisfies your needs.
Consider the benefits offered by structured notes:
- Allow investors to add market exposure with no risk to principal
- Complement both higher risk direct equity investment and cash portfolios
- Access to investments in markets they would not normally be able to obtain
- Ability to provide a favourable tax structure