Question 1

What is FLX?

Accepted Answer

FLX — Purpose Global Flexible Credit Fund - ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the FLX ETF price today?

Accepted Answer

FLX last traded at $6.93 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the FLX MER (management expense ratio)?

Accepted Answer

FLX has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, FLX is considered a low-cost ETF.

Question 4

What are FLX annualised returns?

Accepted Answer

FLX historical returns: YTD: -2.39%, 1-year: +5.97%, 3-year annualised: +9.32%, 5-year annualised: +3.89%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.16, which measures risk-adjusted return.

Question 5

Does FLX pay dividends or distributions?

Accepted Answer

Yes, FLX distributes income to unitholders. The current distribution yield is approximately 7.97%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does FLX invest in?

Accepted Answer

FLX's top holdings include Euro Schatz Future June 26 (FGBSM26, 4.5%), Euro Bund Future June 26 (FGBLM26, 3.9%), Euro Bobl Future June 26 (FGBMM26, 2.7%), Euro OAT Future June 26 (FOATM26, 1.9%). See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl HY Bd GR CAD.

Question 7

What sectors does FLX invest in?

Accepted Answer

FLX's largest sector exposures are Communication Services (100.0%), Basic Materials (0.0%), Consumer Cyclicals (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is FLX? (Assets under management)

Accepted Answer

FLX has approximately $18M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was FLX launched?

Accepted Answer

FLX was launched on August 7, 2018, giving it a 8-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy FLX in Canada?

Accepted Answer

FLX trades on the TSX under the ticker FLX. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is FLX?

Accepted Answer

FLX has a 1-year volatility of 3.23% and a beta of 0.45 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.16 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-06-22	$6.93	$6.93	$6.93	$6.93	$6.93	100
2026-06-19	$6.86	$6.86	$6.86	$6.86	$6.86	2,606
2026-06-18	$6.95	$6.95	$6.92	$6.92	$6.92	900
2026-06-17	$6.95	$6.95	$6.95	$6.95	$6.95	700
2026-06-16	$6.98	$6.98	$6.98	$6.98	$6.98	100
2026-06-15	$6.93	$6.93	$6.89	$6.92	$6.92	917
2026-06-12	$6.92	$6.92	$6.92	$6.92	$6.92	0
2026-06-11	$6.89	$6.89	$6.89	$6.89	$6.89	202
2026-06-10	$6.89	$6.89	$6.89	$6.89	$6.89	204
2026-06-08	$6.93	$6.93	$6.93	$6.93	$6.93	0

Sector	Weight
Communication Services	100.00%
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

Purpose Global Flexible Credit Fund - ETF (FLX : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Purpose Global Flexible Credit Fund - ETF

ETF Details

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Frequently Asked Questions — FLX