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iShares Core Canadian Short Term Bond Index ETF (XSB)
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iShares Floating Rate Index ETF (XFR)
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Purpose Global Flexible Credit Fund (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
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
