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RBC iShares

Welcome to the new RBC iShares digital experience.

Find all things ETFs here: investment strategies, products, insights and more.

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RBC iShares ETFs are comprised of RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited ("BlackRock Canada").

iShares Flexible Monthly Income ETF (XFLI) is an active bond ETF managed by BlackRock’s fundamental fixed income team led by award-winning Rick Rieder, CIO of Global Fixed Income, BlackRock, Inc.1 This highly flexible ETF allocates across 'plus' sectors to seek income, and can complement a core bond allocation in portfolios.

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Watch time: 1 minutes 23 seconds

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Access fixed income innovation and active portfolio management combined with the flexibility of an ETF.

Introducing iShares Flexible Monthly Income ETF, an active bond ETF managed by BlackRock’s fundamental fixed income team.

The portfolio managers combine their deep insight and expertise alongside intraday liquidity into a one-ticker solution.

Investors can now access broad portfolio diversification and income generation.

Innovation, flexibility and expertise combined with the convenience of an ETF.

XFLI and XFLX are active fixed income solutions that seek to provide access to harder-to-reach fixed income sectors through an experienced investment team led by Rick Rieder, Morningstar's 2023 Outstanding Portfolio Manager.

RBC iShares Active Fixed Income ETFs.

Get active today.

  • Asset-backed securities
  • Bank loans
  • Collateralized loan obligations
  • Commercial mortgage-backed securities
  • Emerging markets debt
  • High yield corporates
  • Non-U.S. credit
  • Non-agency residential mortgage-backed securities

Diversified, nimble approach that seeks to maximize income

The fund complements core bond exposures by offering access to multiple fixed income sectors, seeking to maximize income and manage risk through different market environments.

Direct access to harder-to-reach fixed income sectors

The fund leverages the deep expertise of BlackRock’s Fundamental Fixed Income Investment team, led by Rick Rieder, to access “plus” sectors such as high yield, emerging markets debt, and securitized assets.

Low-cost, active fixed income solution

The fund's annual management fee of 0.55% is less expensive than the average ETFs and mutual funds in the Morningstar Multisector Bond category where the median fee is 0.60%.2
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Product brief
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Additional resources

RBC iShares

How can we help?

RBC iShares offers an unparalleled breadth of ETF solutions, a commitment to exceptional service and top investment expertise located around the world.

Advisors: Contact your dedicated sales team and access portfolio resources – Login here.

Investors: Contact your financial advisor to discuss which investments may be right for you.

Disclosure

1Rick Rieder, BlackRock's Chief Investment Officer of Global Fixed Income, was granted the 2023 U.S. Morningstar Award for Investing Excellence: Outstanding Portfolio Manager.

2Source: BlackRock, Morningstar, as of June 28, 2024. The universe includes 118 Canada-domiciled CAD$ ETFs and F Class mutual funds in the Morningstar Canada Fund Multi-Sector Fixed Income category that have reported a management fee.


Investing involves risk, including possible loss of principal.


RBC iShares ETFs are comprised of RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited ("BlackRock Canada").


Commissions, trailing commissions, management fees and expenses all may be associated with investing in exchange-traded funds (ETFs). Please read the relevant prospectus or ETF Facts document before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.


® / TM Trademark(s) of Royal Bank of Canada. Used under licence. iSHARES is a registered trademark of BlackRock, Inc., or its affiliates. Used under licence. © 2024 BlackRock Asset Management Canada Limited and RBC Global Asset Management Inc. All rights reserved.


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® / TM Trademark(s) of Royal Bank of Canada. Used under licence. iSHARES is a registered trademark of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. Used under licence. © 2025 RBC Global Asset Management Inc. and BlackRock Asset Management Canada Limited. All rights reserved.
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