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Press release from CNW Group

CIBC Investor's Edge enhances online investment platform for self-directed investors

Thursday, October 10, 2013

CIBC Investor's Edge enhances online investment platform for self-directed investors

08:00 EDT Thursday, October 10, 2013

Launches new ETF Centre; adds research from Morningstar, Thomson Reuters

TORONTO, Oct. 10, 2013 /CNW/ - CIBC (TSX: CM) (NYSE: CM) -- CIBC Investor's Edge Inc. today announced enhancements to its online trading platform for self-directed clients with a new ETF Centre and added tools and research from Morningstar and Thomson Reuters.

The new ETF Centre is a comprehensive, one-stop place for self-directed investors on exchange-traded funds, with extensive educational resources and ETF analyst commentary from Morningstar.

"With more and more Canadians choosing to manage their own investments, self-directed investors are looking for comprehensive tools and resources to help improve their success," says Marybeth Jordan, Managing Director & Head, CIBC Investor's Edge. "CIBC Investor's Edge has made significant enhancements to its online platform to give our clients the support and resources they need to trade with confidence."

Comprehensive ETF Centre

With at-a-glance and detailed fund information, simple and advanced ETF search capabilities, and access to research and expert commentary, the new CIBC Investor's Edge ETF Centre helps investors research ETFs and make informed decisions that are right for their portfolio.

The new ETF Centre includes:

  • Educational Resources - Review comprehensive educational articles and video series from Morningstar;
  • Research Tools - Access insights and thought leadership through Morningstar ETF analyst commentary and in-depth research and reports;
  • Screeners - Search for ETFs that fit investment objectives using Featured Screens, Quick Screener, or Custom Screener tools; and,
  • At-A-Glance and Detailed Information -View at-a-glance information on today's trending ETFs, obtain detailed performance and portfolio information on a specific ETF, and search ETF holdings for a specific stock.

Enhanced Research

"We know that high-quality research is one of our clients' top priorities. That's why we've selected providers who are leaders in their fields, offering some of the best online information and resources available today," says Ms. Jordan.

CIBC Investor's Edge has enhanced its research offer with new equity research reports from Morningstar and Thomson Reuters including:

  • MorningstarEquity Analyst Research
  • MorningstarQuantitative Reports
  • Thomson Reuters StockReports+

In addition to these new reports, Investor's Edge also offers:

  • CIBC World Markets
  • CIBC Wood Gundy Reports
  • Standard and Poor's Stock Reports
  • Thomson Reuters Investment Profiles

The first No-Fee RESP Account1

In August, CIBC Investor's Edge became the first major Canadian bank-owned online brokerage to remove annual account fees from all self-directed RESPs, making it easier for parents to finance their child's education.

Under the new RESP account offer, there are no minimum balance requirements for CIBC Investor's Edge clients to qualify for the fee waiver. All current RESP clients will be automatically enrolled in the offer, and new clients can open a No-Fee RESP by calling CIBC Investor's Edge today. Additionally, clients can qualify for CIBC Investor's Edge Loyalty Pricing of $6.95 per equity trade when they and members of their household2 maintain a balance of $100,000 in CIBC accounts or products3.

"We're offering clients exceptional value by giving them the tools, resources and support they need to effectively manage their investments and meet their financial goals," says Ms. Jordan.

1 CIBC Investor's Edge is the first major Canadian bank-owned online brokerage to remove administration fees from all self-directed RESP accounts
2 Household is defined as clients living at the same address
3 Accounts and balances held with President's Choice Financial are not eligible for Loyalty Pricing

CIBC Investor's Edge provides its clients with exceptional service, support and value. Clients benefit from online and telephone access to their accounts, and can trade on-the-go with the CIBC Mobile Brokerage App. CIBC Investor's Edge offers clients a wide range of accounts and investments, including stocks, ETFs, fixed income instruments, options, GICs and over 2,000 mutual funds, as well as online planning tools, and robust research and education resources.

About CIBC
CIBC is a leading North American financial institution with nearly 11 million personal banking and business clients. CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada, and has offices in the United States and around the world. You can find other news releases and information about CIBC in our Press Centre on our corporate website at www.cibc.com.

SOURCE: Canadian Imperial Bank of Commerce

For further information:

Media contact: Caroline Van Hasselt, Director, External Communications and Media Relations, at 416-784-6699 or caroline.vanhasselt@cibc.com.

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