My interest is in scanning 401k portfolios to image the efficient frontier and highlite portfolios that have high risk adjusted returns. The portfolio with highest Sharpe ratio will appear in the scan image for each 401k plan posted.
Thursday, September 8, 2011
Canadian Imperial Bank of Commerce 401k PSDS Scan 12-31-2010
This Canadian bank 401k Plan Balanced portfolio was helped a little by company stock CM and invested 2.9% of the portfolio in the stock. The Plan has several good investment options and most are in the Balanced portfolio. The employee portfolio invested 9.6% of their portfolio in company stock but their largest holding was VFINX and less than 5% was invested in the stable value fund VRST in the scan. Interesting. However, like many 401k plans it could use more diversification than Target Date Retirement funds provide.



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