AWIIX Fees and Costs — CIBC Atlas Income Opportunities Fund, Institutional Class
Data updated: 2026-09-29
The net expense ratio is 0.69%: a 0.60% management fee plus 0.08% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $69K in broker commissions, 0.0101% of average net assets, and portfolio turnover was 24%.
AWIIX Fees and Expenses
Annual operating expenses and sales charges of AWIIX. Prospectus, as of March 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.08% |
| Gross expense ratio | 0.69% |
| Fee waiver | — |
| Net expense ratio | 0.69% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
AWIIX Costs Over Time
On $10,000 invested in AWIIX, assuming 5% a year before costs, total costs come to $441 over 5 years, cutting the return by 0.74% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.69%) | $72 | $227 | $394 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $74 | $241 | $441 |
| Value after costs | $10,426 | $11,335 | $12,322 |
| Impact on return, per year | 0.74% | 0.74% | 0.74% |
AWIIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0101%
- Total broker commissions: $69K
- Bought from dealers (principal trades, not a cost): $87.1M
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
AWIIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SUNTRUST BANK | $17K | 28.86% |
| J P MORGAN CHASE BANK | $13K | 21.92% |
| GOLDMAN, SACHS & CO. | $7K | 12.67% |
| BAML | $4K | 7.09% |
| UBS SECURITIES | $4K | 6.96% |
| WACHOVIA SECURITIES, INC. | $4K | 6.73% |
| BARCLAY BANK PLC | $4K | 6.15% |
| BERNSTEIN | $2K | 3.53% |
| PIPER JAFFRAY | $2K | 3.12% |
| OPPENHEIMER & ASSOCIATES | $2K | 2.97% |
AWIIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J P MORGAN CHASE BANK | $37.1M | 42.61% |
| BAML | $35.7M | 41.03% |
| MESIROW FINANCIAL, INC. | $5.0M | 5.72% |
| WFC | $3.0M | 3.42% |
| MARKETAXESS CORPORATION | $2.0M | 2.32% |
| MAXIM GROUP LLC | $2.0M | 2.26% |
| BARCLAY BANK PLC | $1.3M | 1.49% |
| MIZUHO SECURITIES | $1.0M | 1.16% |
CIBC Atlas Income Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AWIIX | Institutional Class | 0.69% | — |
| AWIVX | Investor Class | 1.09% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.