CIBC announces CIBC Atlas Clean Energy Select Index (CACEX)
DENVER, Dec. 13, 2021 /CNW/ - CIBC today announced that the CIBC Atlas Clean Energy Select Index (TSX: CACEX) ("the Index"), a Canadian-based, adjusted market cap weighted index designed to provide exposure to a diverse set of companies in the clean energy sector, launched on November 1, 2021.
At launch, constituents included in the Index were as follows:
Infrastructure and Energy Alternatives I (Ticker: IEA)
Romeo Power Inc. (Ticker: RMO)
Eos Energy Enterprises Inc. (Ticker: EOSE)
American Superconductor Corp. (Ticker: AMSC)
Arcimoto Inc. (Ticker: FUV)
Lightning eMotors Inc. (Ticker: ZEV)
Beam Global (Ticker: BEEM)
The Index will rebalance following the close of business on December 17, 2021, which will result in the subsequent changes:
Constituents to be added:
EVgo, Inc. (Ticker: EVGO)
Microvast Holdings, Inc. (Ticker: MVST)
Proterra, Inc. (Ticker: PTRA)
Li-Cycle Holdings Corp. (Ticker: LICY)
Hyzon Motors Inc. (Ticker: HYZN)
Volta, Inc. (Ticker: VLTA)
Constituents to be removed:
Beam Global (Ticker: BEEM)
Constituent additions to and deletions from the Index do not reflect an opinion by CIBC US Private Wealth Management on the investment merits of the respective securities. For further information, please contact CIBC US Private Wealth Management at 720.221.5000.
About CIBC CIBC is a leading North American financial institution with 11 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 US, CIBC Bank USA provides commercial banking, private and personal banking and small business banking solutions and CIBC Private Wealth offers investment management, wealth strategies and legacy planning. Visit us at cibc.com/US.
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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