Purpose Global Flexible Credit Fund (FLX.B)

Purpose Global Flexible Credit Fund (FLX.B $8.59)
- $8.59 Cap: $4M
- View FLX.B Profile
- View Questions on FLX.B

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Purpose Global Flexible Credit Fund (FLX.B $8.59)
- $8.59 Cap: $4M
- View FLX.B Profile
- View Questions on FLX.B
iShares Flexible Monthly Income ETF (XFLI $40.01)
- $40.01 P/E (TTM): 22.7X Cap: $434M
- View XFLI Profile
- View Questions on XFLI

Q: I am interested in these for steady income while limiting capital losses in an RRSP. Your thoughts on both in terms of quality and ability to withstand a downturn?

Read Answer Asked by Randy on February 02, 2026

iShares Core Canadian Short Term Bond Index ETF (XSB $27.05)
- $27.05 Cap: $3.69B
- View XSB Profile
- View Questions on XSB
iShares Floating Rate Index ETF (XFR $20.04)
- $20.04 Cap: $729M
- View XFR Profile
- View Questions on XFR
Purpose Global Flexible Credit Fund (FLX.B $8.59)
- $8.59 Cap: $4M
- View FLX.B Profile
- View Questions on FLX.B

Q: Hello 5i
We're curious about FLX (formerly FLOT)

Held since 2018Dec it was up ~2.85% including Interest pmts at 2021Dec31
Since then it has further dropped and we are now down ~2.0% (including interest pmts)
Would appreciate your opinion whether this is due to the change in its
investment objective introduced in December, or is it more related to the market
scenario since then.

Would you recommend holding or exchange for some safer bond ETF ?
If the latter could you please provide a couple of examples

Thanks for your guidance.
Terrance

Read Answer Asked by Terrance on March 14, 2022