Fund Evaluator:

CIBC Atlas Disciplined Equity Instl Overview

CIBC Atlas Disciplined Equity Instl (AWEIX) is an actively managed U.S. Equity Large Blend fund. CIBC Private Wealth Management launched the fund in 2005.

The investment seeks long-term capital appreciation and, secondarily, current income. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities and other instruments that have economic characteristics similar to equity securities. It invests primarily in equity securities of U.S. and foreign issuers, and the fund may also invest up to 25% of its net assets in foreign securities. It may invest in the securities of issuers of all capitalization sizes; however, a substantial number of the issuers in which the fund invests are large-capitalization issuers.

About CIBC Atlas Disciplined Equity Instl (AWEIX)

There are 2 members of the management team with an average tenure of 8.95 years: Brant Houston (2013), James Farrell (2022). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. CIBC Atlas Disciplined Equity Instl has 67 securities in its portfolio. The top 10 holdings constitute 45.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

CIBC Atlas Disciplined Equity Instl is part of the Equity global asset class and is within the U.S. Equity fund group. CIBC Atlas Disciplined Equity Instl has 4.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 94.2%. There is 4.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). CIBC Atlas Disciplined Equity Instl has 1.2% of the portfolio in cash.

Assets Under Management

The fund has $1 billion in total assets, which is below the $6 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

AWEIX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The CIBC Atlas Disciplined Equity Instl expense ratio is above average compared to funds in the Large Blend category. CIBC Atlas Disciplined Equity Instl has an expense ratio of 0.71%, which is 13% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. CIBC Atlas Disciplined Equity Instl has a portfolio turnover rate of 19%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 48% for the Large Blend category.

Recently, in the month of August 2026, CIBC Atlas Disciplined Equity Instl returned 2.4%, which earned it a grade of C, as the Large Blend category had an average return of 2.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

CIBC Atlas Disciplined Equity Instl has a trailing yield of 0.38%, which is below the 0.55% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

CIBC Atlas Disciplined Equity Instl Grades

Year to date, the fund has returned 6.5%, 5.2 percentage points worse than the category, which translates into a grade of F. The fund has returned 10.2% over the past year (grade of F), 14.8% over the past three years (grade of F) and 7.7% per year over the past five years (grade of F) and 13.0% per year over the past 10 years (grade of D).

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