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  5. Activex Ardea Real Outcome Bond ETF - Managed fund profile

Activex Ardea Real Outcome Bond ETF - Managed Fund

Fund Objective
The Fund targets a stable return in excess of inflation over the medium term.
Fund Strategy
The investment approach is based on generating returns from relative value strategies that aim to exploit mispricing between comparable fixed income securities which are related to each other and have similar risk characteristics but are priced differently. Ardea believes this type of mispricing exists because fixed income markets are inefficient. Ardea have built a repeatable investment process over time around capturing this mispricing.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -1.1% -0.5% -1.75% -0.74% 2.01% 0.66% 2.7% -%
Growth return -1.1% -1.51% -3.71% -3.01% -2.68% -3.11% -1.64% -%
Income return 0% 1.01% 1.96% 2.27% 4.69% 3.77% 4.34% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.36% 1.07% 2.15% 4.21% 3.33% 2.23% 1.56% 1.82%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Activex Ardea Real Outcome Bond ETF
Cash
1.45%
Fixed Interest
98.55%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
46.44%
Fixed Interest
15.58%
Australian Equities
5.98%
International Equities
9.98%
Property
2.07%
Alternatives
19.95%

General Information

Fund Details
Type Description
Activex Ardea Real Outcome Bond ETF
Fidante Partners Limited
Alternative - Other
Not Rated
Investment Fund
6 Dec 2018
$578.14 million (as at 31 Mar 2024)
$24.6 (as at 30 Aug 2023)
$24.3 (as at 30 Aug 2023)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.50% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
Australia (Commonwealth of) 2.5% Bond-Gov't Inflation Protected 30.91%
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FAQs about the Activex Ardea Real Outcome Bond ETF

The objective of the Activex Ardea Real Outcome Bond ETF managed fund is The Fund targets a stable return in excess of inflation over the medium term.

The strategy of the Activex Ardea Real Outcome Bond ETF managed fund is The investment approach is based on generating returns from relative value strategies that aim to exploit mispricing between comparable fixed income securities which are related to each other and have similar risk characteristics but are priced differently. Ardea believes this type of mispricing exists because fixed income markets are inefficient. Ardea have built a repeatable investment process over time around capturing this mispricing.

The APIR code of the Activex Ardea Real Outcome Bond ETF managed fund is .

Activex Ardea Real Outcome Bond ETF’s total return last month was -1.1%. This was made up of a growth return of -1.1% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Activex Ardea Real Outcome Bond ETF’s total return for the last three months was -0.5%. This was made up of a growth return of -1.51% and an income return of 1.01%%. These returns were calculated as at 31 Mar 2024.

Activex Ardea Real Outcome Bond ETF’s one-year total return is -0.74%. This was made up of a growth return of -3.01% and an income return of 2.27%. These returns were calculated as at 31 Mar 2024.

Activex Ardea Real Outcome Bond ETF’s one-year total return is 0.66%. This was made up of a growth return of -3.11% and an income return of 3.77%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Activex Ardea Real Outcome Bond ETF managed fund is :

Cash
1.45%
Fixed Interest
98.55%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Activex Ardea Real Outcome Bond ETF managed fund is Fidante Partners Limited.

The Activex Ardea Real Outcome Bond ETF managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Mar 2024, the size of the Activex Ardea Real Outcome Bond ETF managed fund was $578.14 million.

The Activex Ardea Real Outcome Bond ETF managed fund has an inception date of 6 Dec 2018.

The current entry price of the Activex Ardea Real Outcome Bond ETF managed fund is $24.6 per unit and the current exit price is $24.3 per unit (as at 30 Aug 2023).

The current exit price of the Activex Ardea Real Outcome Bond ETF managed fund is $24.3 per unit and the current entry price is $24.6 per unit (as at 30 Aug 2023).

The minimum initial investment amount for the Activex Ardea Real Outcome Bond ETF managed fund is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.