CIBC PRIVATE CLIENT FUND
LIMITED
NEWS RELEASE
CIBC Private Client Fund Limited (the
“Company”) is pleased to announce that in conjunction with the commencement of
the Company’s new investment policies, as at 12 May 2010, the NAVs for each of
the following share classes are calculated on each business day:
CIBC US Dollar
Money Market Fund
CIBC US Dollar Bond
Fund
CIBC Canadian Dollar Money
Market Fund
In conjunction with the commencement of the
new investment policies, as of 19 May 2010, the NAVs for each of the following
share classes are calculated every Wednesday:
CIBC Axiom Capital
Preservation Fund – Retail
CIBC Axiom Capital
Preservation Fund – Wealth
CIBC Axiom Capital
Preservation Fund – Institutional
CIBC Axiom Conservative
Fund – Retail
CIBC Axiom Conservative
Fund – Wealth
CIBC Axiom Conservative
Fund – Institutional
CIBC Axiom Balanced
Fund – Retail
CIBC Axiom Balanced
Fund – Wealth
CIBC Axiom Balanced
Fund – Institutional
CIBC Axiom Growth Fund
– Retail
CIBC Axiom Growth Fund
– Wealth
CIBC Axiom Growth Fund
– Institutional
The Company hereby confirms that 12 May 2010
was the last date on which NAVs were calculated on the basis of the former
investment policies.
Due to a technical error NAVs for all share
classes were not sent to the Cayman Islands Stock Exchange for the period 5 May
2010 to 23 June 2010 and accordingly were not published on the Exchange’s
website during such period. The
technical issue has been rectified and NAVs for each share class have been sent
to the Exchange (for publication on their website) for the outstanding
period.
From 30 June 2010 the NAVs will be sent to
the Exchange, for publication on their website, in accordance with the dealing
frequency of each share class.
Jason Epp
Director
CIBC Private Client Fund Limited
Tel: (345) 949 8666
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