- What does CLFLX invest in?
- Under normal market conditions, this fund primarily gains its exposure to fixed income securities through investments in other collective investment schemes. These include exchange-traded funds (ETFs), open-ended mutual funds, and closed-end funds. A substantial portion of its assets is allocated to underlying funds that predominantly hold investment-grade debt instruments. The fund is not constrained by specific limits on the average duration of these underlying holdings, allowing for flexibility in managing interest rate sensitivity. However, it reserves the right to commit up to 33% of its total assets to underlying funds that specialize in higher-yielding, lower-quality debt securities. Additionally, the fund may invest up to 33% of its total assets in underlying funds that hold a mix of debt and equity securities from non-U.S. issuers.
- What is the expense ratio of CLFLX?
- An expense ratio for CLS Flexible Income Fund Class N (CLFLX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- How big is CLFLX?
- CLS Flexible Income Fund Class N (CLFLX) manages $89.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is CLFLX actively managed or an index fund?
- CLFLX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was CLFLX launched?
- CLS Flexible Income Fund Class N (CLFLX) launched in January 2019 and is managed by the fund issuer.
- How has CLFLX performed?
- CLFLX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
