Home Breadcrumb caret Industry News Breadcrumb caret Industry CIBC AM to terminate resource fund Small asset size deals blow to Renaissance Global Resource Fund By Staff | April 26, 2019 | Last updated on April 26, 2019 1 min read © oatawa / iStockphoto CIBC Asset Management Inc. (CIBC AM) intends to terminate Renaissance Global Resource Fund on or about Oct. 18, the Toronto-based company announced Thursday. The decision was made due to the fund’s relatively small asset size, CIBC AM says in a release. Unitholders will have the right to redeem their investments in the fund up to the close of business on the effective termination date. They will not be required to pay any redemption fees, sales charges or other fees associated with the fund’s termination. Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo