Ordinary Index Rebalancing in the CIBC TrendSpotting Index | January 2020

As a result of the ordinary rebalancing, the composition of the index in January 2020 was:

METRO INC -A
ALIMENTATION COUCHE TARD INC CLASS B
GEORGE WESTON LTD
BCE INC
BROOKFIELD ASSET MANAGEMENT INC CLASS A
RITCHIE BROS AUCTIONEERS INCORPORATED
ROYAL BANK OF CANADA
ELEMENT FLEET MANAGEMENT CORP
WHEATON PRECIOUS METALS CORP
LOBLAW COMPANIES LTD.
HYDRO ONE LTD
AGNICO-EAGLE MINES
PARKLAND FUEL CORP
EMPIRE CO LTD A
MAGNA INTERNATIONAL INC
RESTAURANT BRANDS INTERNATIONAL INC
THOMSON REUTERS CORP
GENWORTH MI CANADA INC COM
CCL INDUSTRIES INC
DESCARTES SYS