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  5. Ardea Global Alpha Plus I - Managed fund profile

Ardea Global Alpha Plus I - Managed Fund (Closed)

Fund Objective
The Fund aims to provide investors with investment returns that exceed the Bloomberg AusBond Bank Bill Index (Benchmark).
Fund Strategy
The Fund's differentiated pure 'relative value' investing approach accesses fixed income return sources beyond the conventional to target consistent, stable returns that are independent of the level of bond yields, the direction of interest rates and broader market fluctuations.

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 -6.5% -8.48% -8.09% -11.44% -6.4% -0.6% -% -%
Growth return -0.53% -95.06% -95.47% -95.62% -80.09% -66.86% -% -%
Income return -5.97% 86.58% 87.38% 84.18% 73.69% 66.26% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 31 Jul 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Ardea Global Alpha Plus I
Cash
79.72%
Fixed Interest
20.28%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
44.85%
Fixed Interest
20.69%
Australian Equities
3.94%
International Equities
6.69%
Property & Infrastructure
1.44%
Alternatives
22.40%

General Information

Fund Details
Type Description
Ardea Global Alpha Plus I
Closed
Fidante Partners Limited
HOW5685AU
Alternative - Other
Not Rated
Investment Fund
27 May 2019
$0.21 million (as at 28 Jan 2022)
$0.0373 (as at 1 Dec 2022)
$0.0373 (as at 1 Dec 2022)
Finalised
Offer information
Type Description
MER 0% (as at 17 Oct 2022)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $100,000
Minimum additional investments $10,000.00

FAQs about the Ardea Global Alpha Plus I

The objective of the Ardea Global Alpha Plus I managed fund is The Fund aims to provide investors with investment returns that exceed the Bloomberg AusBond Bank Bill Index (Benchmark).

The strategy of the Ardea Global Alpha Plus I managed fund is The Fund's differentiated pure 'relative value' investing approach accesses fixed income return sources beyond the conventional to target consistent, stable returns that are independent of the level of bond yields, the direction of interest rates and broader market fluctuations.

The APIR code of the Ardea Global Alpha Plus I managed fund is HOW5685AU.

Ardea Global Alpha Plus I’s total return last month was -6.5%. This was made up of a growth return of -0.53% and an income return of -5.97%. These returns were calculated as at 31 Jul 2022.

Ardea Global Alpha Plus I’s total return for the last three months was -8.48%. This was made up of a growth return of -95.06% and an income return of 86.58%%. These returns were calculated as at 31 Jul 2022.

Ardea Global Alpha Plus I’s one-year total return is -11.44%. This was made up of a growth return of -95.62% and an income return of 84.18%. These returns were calculated as at 31 Jul 2022.

Ardea Global Alpha Plus I’s one-year total return is -0.6%. This was made up of a growth return of -66.86% and an income return of 66.26%. These returns were calculated as at 31 Jul 2022.

The asset allocation of the Ardea Global Alpha Plus I managed fund is :

Cash
79.72%
Fixed Interest
20.28%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Ardea Global Alpha Plus I managed fund is Fidante Partners Limited.

The Ardea Global Alpha Plus I managed fund belongs to the Alternative - Other sector/asset class.

As at 28 Jan 2022, the size of the Ardea Global Alpha Plus I managed fund was $0.21 million.

The Ardea Global Alpha Plus I managed fund has an inception date of 27 May 2019.

The current entry price of the Ardea Global Alpha Plus I managed fund is $0.0373 per unit and the current exit price is $0.0373 per unit (as at 1 Dec 2022).

The current exit price of the Ardea Global Alpha Plus I managed fund is $0.0373 per unit and the current entry price is $0.0373 per unit (as at 1 Dec 2022).

The minimum initial investment amount for the Ardea Global Alpha Plus I managed fund is $100,000. Minimum additional investment is $10000.

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.