CIBC announces changes to the CIBC Atlas Clean Energy Index

DENVER, Dec. 14, 2020 /CNW/ - CIBC (NYSE: CM) (TSX: CM) today announced that the CIBC Atlas Clean Energy Index (the "Index") rebalance following close of business on December 18, 2020, will result in changes to the Index as follows:

Constituents to be added

• Greenpower Motor Company, Inc (Ticker: GP)
• Beam Global (Ticker: BEEM)
• Ayro, Inc (Ticker: AYRO)
• Infrastructure and Energy Alternatives, Inc (Ticker: IEA)

There will be no constituents removed from the Index.

Constituent additions to and deletions from the Index do not reflect an opinion by CIBC U.S. Private Wealth Management on the investment merits of the respective securities. For further information, please contact CIBC U.S. Private Wealth Management at 720.221.5000.

About CIBC
CIBC (NYSE: CM) (TSX: CM) is a leading North American financial institution with 10 million personal banking, business, public sector and institutional clients. CIBC offers a full range of advice, solutions and services in the United States, across Canada and around the world. In the U.S., CIBC Bank USA provides commercial banking, private and personal banking and small business banking solutions and CIBC U.S. Private Wealth Management offers investment management, wealth strategies and legacy planning. Visit us at cibc.com/US.

Private banking solutions are offered through CIBC Bank USA, Member FDIC and  Equal Housing Lender. CIBC Bank USA and CIBC Private Wealth Group, LLC are both indirect, wholly owned subsidiaries of CIBC. CIBC Private Wealth Group and its subsidiaries do not provide, and are not responsible for, the products and services offered by CIBC Bank USA. CIBC Bank USA (Bank) will not pay employees of CIBC Private Wealth Group or its subsidiaries for referring clients to Bank, but to the extent permitted by applicable laws and regulations, the referral of clients to Bank for eligible products or services may be considered by CIBC Private Wealth Group in determining discretionary compensation to employees.  The CIBC logo is a registered trademark of CIBC, used under license. Investment Products Offered are Not FDIC-Insured, May Lose Value and are Not Bank Guaranteed. 

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SOURCE CIBC US Private Wealth Management