Home Breadcrumb caret Industry News Breadcrumb caret Industry Minimums drop for CIBC funds The change affects the bank’s passive portfolio lineup By Staff | June 25, 2020 | Last updated on June 25, 2020 1 min read 123RF Toronto-based Canadian Imperial Bank of Commerce (CIBC) has significantly lowered the initial investment minimum for a number of its portfolios. The investment minimum for the CIBC Passive Portfolios is now $500, down from the original $5,000 minimum. The affected funds are as follows: CIBC Conservative Passive Portfolio – Class A CIBC Conservative Passive Portfolio – Class F CIBC Balanced Passive Portfolio – Class A CIBC Balanced Passive Portfolio – Class F CIBC Balanced Growth Passive Portfolio – Class A CIBC Balanced Growth Passive Portfolio – Class F Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo