Business · Companies · 11 hrs ago
Avantis-CIBC launches three asset-allocation ETFs on the TSX
Avantis and CIBC Asset Management launched three ETFs on the Toronto Stock Exchange in Canada.
The funds are designed to offer investors different ways to build a portfolio through a single exchange-traded fund.
The balanced fund combines global stocks and bonds across developed and emerging markets.
The growth fund also holds stocks and bonds, but it puts more weight on stocks to focus on long-term capital growth.
The global equity fund invests in companies worldwide, with a target market-cap weighting for its Canadian holdings.
The launch adds these funds to the Avantis-CIBC ETF lineup; no further steps or plans were specified.
Avantis-CIBC launched three asset-allocation exchange-traded funds on the Toronto Stock Exchange.
The funds are the Avantis-CIBC Balanced Asset Allocation ETF (CAKE), Growth Asset Allocation ETF (CAGR) and Global Equity ETF (CAGX).
The launch was marked at the TSX by representatives of Avantis Investors, CIBC Global Asset Management and the exchange.
CAKE offers diversified global exposure to equities and fixed income, while CAGR has a higher equity weighting and a long-term capital-appreciation focus.
CAGX invests in companies in developed and emerging markets, with a target market-cap weighting for Canadian securities.
- Who
- Avantis-CIBC, represented by Avantis Investors and CIBC Global Asset Management, launched the funds.
- What
- It launched three asset-allocation ETFs.
- When
- The launch event was held on October 2, 2026.
- Where
- The Toronto Stock Exchange in Toronto, Ontario.
- Why
- The funds offer investors diversified portfolio options; the sources do not state a specific reason for the launch.
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This story does not have a timeline yet.
- Number of funds
- 3
- Balanced ETF
- CAKE
- Growth ETF
- CAGR
- Global equity ETF
- CAGX
- Launch location
- Toronto Stock Exchange
2 sources
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