CIBC Flexible Yield ETF (CAD-Hedged)

  • CFLX



Investment objective

This ETF’s goal is to generate long-term total return and current income by investing primarily in high yielding debt and investment grade fixed income securities of issuers located anywhere in the world. It’ll get exposure to these types of securities by investing primarily in Renaissance Flexible Yield Fund (or its successor fund) and/or by investing directly in the securities.

Video: CIBC Flexible Yield ETF (CFLX) (CAD-Hedged). 2:44. Opens in a pop-up

CIBC Flexible Yield ETF (CFLX) (CAD-Hedged) (2:44)

Transcriptfor the video CIBC Flexible Yield ETF (CFLX) (CAD-Hedged). Opens a new window in your browser.

Jeffrey Gundlach from DoubleLine® breaks down how he manages a flexible yield portfolio.

Why consider this ETF?

  • Designed to capture opportunistic gains from market fluctuations
  • Can help contain risk in all interest rate environments
  • Access to a broader range of fixed income securities
  • Benefit from an experienced active portfolio management team

Fund profile (PDF, 55 KB)  Opens in a new window.

Fund snapshot (PDF, 155 KB) Opens a new window in your browser.

This ETF invests primarily in the Renaissance Flexible Yield Fund1. Learn more about the Renaissance Flexible Yield FundOpens a new window in your browser.

Net Assets  
Closing Market Price  
Closing NAV Price  
12 Month low/high Market Price  
12 Month low/high NAV Price  
Market Volume  
Units Outstanding  
Inception Date 01/27/2020 
Risk Tolerance Low 
Base Currency CAD 
Exchange Toronto Stock Exchange 
Index Barclays U.S. Aggregate Bond Index 
CUSIP 12546R106 
Management Fee 0.70% 
Management Expense Ratio (MER) N/A
Eligible for Registered Plans Yes 
Average Credit Quality  
Average Coupon  
Average Yield to Maturity  
Distribution Yield  
Distribution Frequency Monthly 

Asset Allocation

        Note: Only top 10 allocations are shown. Charts may not add up to 100% due to rounding or use of derivatives in the fund.

        The information displayed represents the Renaissance Flexible Yield Fund (Class O Hedged) in which the ETF primarily invests.

        Historical Distributions