New actively managed fixed-income ETF from CIBC

Flexible Yield ETF invests in high-yielding debt from around the world

By Staff | January 27, 2020 | Last updated on January 27, 2020
1 min read
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Toronto-based CIBC Asset Management Inc. announced the launch of the CIBC Flexible Yield ETF on Monday.

The actively managed fund provides exposure to high-yielding debt and investment-grade fixed-income securities from issuers around the world.It invests primarily in hedge-class units of the Renaissance Flexible Yield Fund, which is subadvised by Doubleline Capital LP.

The ETF began trading on the Toronto Stock Exchange on Monday.

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.

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