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CIBC KKR Global Private Equity Strategy (US$) [Series F]

The investment objective of the Fund is to provide exposure to an investment in the Master Fund, a Delaware limited liability company that seeks to acquire, own and control a global portfolio of companies with the objective of generating attractive risk-adjusted returns and achieving medium-to-long-term capital appreciation.

    Minimum Initial Investment
    Lump Sum:
    Initial: $10,000 USD
    Subsequent: $5,000 USD

    Investor eligibility: Canadian resident accredited investors only.
    Redemption Gate: Up to 5% of aggregate NAV per quarter.
    Redemption Fee: Soft Lock (5% penalty if redeemed less than two years).
    Minimum Redemption Amount: $10,000 USD
    Minimum Remaining Balance: If balance drops below $10,000 USD, in the next redemption, clients need to redeem all remaining units.
    Valuation Process and Timing: Fund NAV is posted approximately 25 calendar days after month end.
    Subscription Frequency: Monthly.
    Subscription Process: Fund NAV is posted approximately 25 calendar days after month end. See CIBC KKR Global Private Equity Strategy subscription/redemption schedule.
    Redemption Frequency: Quarterly.
    Redemption Process: The redemption cut-off date is the last business day in September, December, March, June. See CIBC KKR Global Private Equity Strategy subscription/redemption schedule.
    Inception DateJun 17, 2024
    Fundserv Asset Class Alternative investment
    Fundserv Codes ATL5119
    Management Fee N/A
    Management Fee Waiver -0.20%
    Management Fee after Waiver 0.50%
    Fixed Administration Fee N/A
    NAV Currency USD
    Valuation Frequency Monthly
    Permitted Account Type Non-registered account only
    Custodian CIBC Mellon
    Fiscal Year End December 31st
    Logo of KKR

    KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds.

    Performance
    3 mo6 moYTD1 yr3 yrs5 yrs10 yrsSince Inception
    N/AN/AN/AN/AN/AN/AN/AN/A
    3 mo
    6 mo
    YTD
    1 yr
    3 yrs
    5 yrs
    10 yrs
    Since Inception
    N/A
    N/A
    N/A
    N/A
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    N/A

    Due to securities regulation, performance is not available until one year post inception.

    As at: 05/31/2024

    This material is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. The fund is a prospectus exempt fund and is not subject to the same regulatory requirements as publicly offered investment funds offered by way of prospectus. This material does not form part of an offering document and does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities of the fund. Any such offer or solicitation may only be made through, and in accordance with, the terms of the subscription agreement and confidential offering memorandum of the fund (collectively, the “Offering Document”), and the constating documents of the fund.

    Any information or discussion about the current characteristics of this fund or how the portfolio manager is managing the fund is not a discussion about material investment objectives or strategies, but solely a discussion of the current characteristics or manner of fulfilling the investment objectives and strategies, and is subject to change without notice. The material and/or its contents may not be reproduced without the express written consent of CIBC Asset Management Inc.

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    Renaissance Investments family of funds the Axiom Portfolios, the CIBC Private Pools, the CIBC Fixed Income Pools, the CIBC Fixed Income Funds, the CIBC Alternative Funds and the CIBC ETFs are managed by CIBC Asset Management Inc., a subsidiary of Canadian Imperial Bank of Commerce. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments.

    Please read the simplified prospectus before investing. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer, nor are they guaranteed. There can be no assurance that a money market fund will be able to maintain its net asset value per unit at a constant amount or that the full amount of your investment will be returned to you. Their values change frequently and past performance may not be repeated. ®Renaissance Investments, ®Axiom and ®Axiom Portfolios are registered trademarks of CIBC Asset Management Inc. Renaissance Investments is offered by CIBC Asset Management Inc.