A Closer Look at the CAGE All-Equity ETF
CIBC’s CAGE ETF combines global diversification, active management, and factor-driven investing in a streamlined all-equity portfolio.
The simplicity and ingenuity of an All-in-One ETF cannot be overstated, as its value proposition is to provide investors with access to a diversified portfolio without the need to manage multiple holdings. The appeal of this type of ETF also extends to financial advisors, who can use it to streamline portfolio construction and focus more on client relationships and strategic planning. Given the turnkey nature of the All-in-One ETF offering, it is no surprise that they are growing in popularity within the Canadian ETF landscape. In fact, March 2026 flows data reported that asset allocation ETFs garnered an impressive $3.5 billion in new assets for the month.
CAGE-ing Global Opportunity with CIBC
Among Canadian ETF providers, CIBC Asset Management has materially grown its presence in a fairly short time. As reported by the Canadian ETF Association (CETFA), as of December 2025, the firm had 45 ETFs and assets of $9.278 billion. A year prior, the firm’s ETF count and assets were 36 and $4.363 billion, respectively. The seminal takeaway being that CIBC’s ETF assets grew by 112.7% in only 12 months. Entering the new year, the firm has continued to advance its product development activities, launching seven new mandates (57 ETFs in total, $11.311 billion in assets¹). One of those new products is the Avantis CIBC All-Equity Asset Allocation ETF (Ticker: CAGE).
“Our rapid growth in the Canadian ETF market reflects our commitment to delivering innovative investment solutions that meet the evolving needs of investors,” said CIBC ETFs.
CAGE is a single-ticket global equity solution offering investors actively managed exposure to developed- and emerging-market equities. By utilizing the core equity offerings from their Avantis CIBC ETF suite, in conjunction with the Avantis CIBC Global Small Cap Value ETF (Ticker: CASV), the ETF aims to efficiently provide total equity market exposure.
CAGE’s Underlying Investment Approach
As inferred by the name, Avantis Investors, a U.S.-based investment team within American Century Investments, is the sub-advisor for CAGE. As such, the mandate reflects their investment philosophy.
As a globally focused manager, Avantis seeks to identify companies with strong profitability and attractive valuations. Companies with good cash flows and solid balance sheets trading at attractive valuations are expected to outperform the market. Considering profitability and valuation together provides a better way to identify companies with potential for outperformance over time than considering a single factor or characteristic in isolation.
The Avantis investment approach is systematic and repeatable, making it applicable in identifying investment prospects across the equity landscape (i.e., Developed/Emerging, Large-Cap/Small-Cap, and Sector).
Takeaway
Maintaining exposure to all segments of the equity landscape can be challenging for many investors. Asset allocation solutions, such as CAGE, enable comprehensive diversification at a lower cost while providing access to institutional-level portfolio management. For investors seeking to capture global equity opportunities in a simplified manner, CAGE offers an easy-to-access solution.
This article was written on May 8th, 2026. Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.
¹ Data as of May 8th 2026, Trackinsight
