In June 2017 CIBC issued a leveraged return product linked to Shopify, a Canadian e-commerce company. Shopify was founded in 2004 and had its IPO in 2015 on both NYSE and Toronto Stock Exchange. This product has now matured and is currently the best performing product in North American for 2018. The CIBC Accelerated Return Notes linked to Shopify Inc., Series 1 struck on 29 June 2017 and matured one year later. Over this time period the stock price of the company rose by over 68%. The product w