Question 1

What is IFRF?

Accepted Answer

IFRF — IA Clarington Floating Rate Income Fund ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the IFRF ETF price today?

Accepted Answer

IFRF last traded at $7.57 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the IFRF MER (management expense ratio)?

Accepted Answer

IFRF 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%, IFRF is considered a low-cost ETF.

Question 4

What are IFRF annualised returns?

Accepted Answer

IFRF historical returns: YTD: -2.45%, 1-year: +1.63%, 3-year annualised: +2.20%, 5-year annualised: +1.60%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is -0.50, which measures risk-adjusted return.

Question 5

Does IFRF pay dividends or distributions?

Accepted Answer

Yes, IFRF distributes income to unitholders. The current distribution yield is approximately 6.93%, 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 IFRF invest in?

Accepted Answer

IFRF's top holdings include Invesco Senior Loan ETF (BKLN, 5.0%). See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar LSTA US LL TR CAD.

Question 7

What sectors does IFRF invest in?

Accepted Answer

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

Question 8

How large is IFRF? (Assets under management)

Accepted Answer

IFRF has approximately $1M 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 IFRF launched?

Accepted Answer

IFRF was launched on November 4, 2019, giving it a 7-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 IFRF in Canada?

Accepted Answer

IFRF trades on the TSX under the ticker IFRF. 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 IFRF?

Accepted Answer

IFRF has a 1-year volatility of 1.45% and a beta of 0.05 (less volatile than the broad market). Its 3-year Sharpe ratio of -0.50 indicates below-average risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-20	$7.57	$7.57	$7.57	$7.57	$7.57	0
2026-07-17	$7.56	$7.56	$7.56	$7.56	$7.56	0
2026-07-16	$7.56	$7.56	$7.56	$7.56	$7.56	0
2026-07-15	$7.56	$7.56	$7.56	$7.56	$7.56	0
2026-07-13	$7.54	$7.54	$7.54	$7.54	$7.54	101
2026-07-10	$7.55	$7.55	$7.55	$7.55	$7.55	0
2026-07-09	$7.56	$7.56	$7.56	$7.56	$7.56	400
2026-07-08	$7.55	$7.55	$7.55	$7.55	$7.55	0
2026-07-07	$7.54	$7.54	$7.54	$7.54	$7.54	2,901
2026-07-06	$7.54	$7.54	$7.54	$7.54	$7.54	0

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

IA Clarington Floating Rate Income Fund ETF (IFRF : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About IA Clarington Floating Rate Income Fund ETF

ETF Details

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Frequently Asked Questions — IFRF