Company Information

Get to know Diverse Communities Impact Fund (DCIF)

Launched in 2024, the CIBC Diverse Communities Impact Fund is a $5 million capital fund managed by the CIBC Foundation. Its mission is to support Canadian non-profits and charities that serve marginalized groups, including Indigenous peoples, Black communities, newcomers, people with disabilities, and the 2SLGBTQ+ community. The fund provides repayable capital in the form of loans and other investments to help these organizations scale their operations, create social impact, and build a more equitable society. This initiative is part of CIBC's broader commitment to corporate responsibility and community investment.

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Diverse Communities Impact Fund (DCIF)

United States

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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