Topic: How To Invest

CIBC U.S. Small Companies Fund $8.88

CIBC U.S. SMALL COMPANIES FUND $8.88 (CWA Rating: Aggressive) (CIBC Securities, 5140 Yonge Street, Suite 900, Toronto, Ontario M2N 6X7. 1-800-631-7008; Website: www.cibc.com. No load — deal directly with the company.) invests in small-cap U.S. companies that it sees as undervalued, and having above-average growth potential.

The $109.4 million fund’s top holdings now include Children’s Place Retail (clothing stores), Amedisys (home health care nursing), Buckle Inc. (clothing stores), Syniverse Holdings (wireless telecom technology), Triumph Group (aircraft components), Interactive Brokers Group (electronic brokers), Collective Brands (operates Payless Shoe- Source), HealthSpring (healthcare benefits & services) and Deckers Outdoor (footwear).

CIBC U.S. Small Companies Fund lost 16.8% in Canadian dollars over the last year, compared to a loss of 15.7% for the benchmark Russell 2000 index in Canadian funds. The fund’s MER is 2.60%.

CIBC U.S. Small Companies Fund is a buy.

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