Generation Ardea Real Outcome - Managed Fund

Fund Objective

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 Strategy

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}

Peers

Benchmark ({{ fund.benchmark.name }})

{{ fund.model.name }}

The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.86%	1.54%	2.49%	4.7%	2.63%	2.54%	-%	-%
Growth return	-0.1%	0.9%	2.33%	3.85%	2.35%	2.21%	-%	-%
Income return	0.96%	0.64%	0.16%	0.85%	0.28%	0.33%	-%	-%
Market index (RBA Bank accepted Bills 90 Days)
Total return	0.31%	0.92%	1.82%	3.77%	4.09%	4.08%	2.82%	2.12%

As at 31 Jan 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Generation Ardea Real Outcome

Fixed Interest: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Average Allocation of Peers

Fixed Interest: 16.10%

Australian Equities: 5.02%

International Equities: 3%

Cash: 55.11%

Property & Infrastructure: 2.03%

Alternatives: 18.74%

General Information

Fund Details

Type	Description
Fund Name	Generation Ardea Real Outcome
Responsible Entity	Austock Life Limited
APIR Code	ALL0815AU
Sector/Asset Class	Alternative - Other
Morningstar Rating	Not Rated
Legal Structure	Unknown
Fund Inception	28 Apr 2021
Fund Size	$12845130 million (as at 30 Jan 2026)
Entry Price	$1.0369 (as at 5 Feb 2026)
Exit Price	$1.0359 (as at 5 Feb 2026)
Fund Status	Open

Offer information

Type	Description
MER	1.10% (as at 20 May 2025)
Indirect Cost Ratio (ICR)	0% (as at 30 Jun 2024)
Minimum initial investment	$500.00
Minimum additional investments	$500.00

Top 10 holdings (as at 31 Oct 2025)

Holding (as at 31 Oct 2025)	Type	% of Portfolio
New South Wales Treasury Corporation 2.75%	Bond-Gov't Inflation Protected	55.25%
Login now to view the complete list of holdings.

Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One

Your managed fund switching checklist. Is fear of capital gains tax holding you back?

The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.

Guide to tidying up your Portfolio Manager holdings

FAQs about the Generation Ardea Real Outcome

What is the objective of the Generation Ardea Real Outcome managed fund?

The objective of the Generation Ardea Real Outcome 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.

What is the strategy for the Generation Ardea Real Outcome managed fund?

The strategy of the Generation Ardea Real Outcome 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.

What is the APIR code of the Generation Ardea Real Outcome managed fund?

The APIR code of the Generation Ardea Real Outcome managed fund is ALL0815AU.

What was Generation Ardea Real Outcome’s total return last month?

Generation Ardea Real Outcome’s total return last month was 0.86%. This was made up of a growth return of -0.1% and an income return of 0.96%. These returns were calculated as at 31 Jan 2026.

What was Generation Ardea Real Outcome’s total return for the last three months?

Generation Ardea Real Outcome’s total return for the last three months was 1.54%. This was made up of a growth return of 0.9% and an income return of 0.64%%. These returns were calculated as at 31 Jan 2026.

What is Generation Ardea Real Outcome’s one-year total return?

Generation Ardea Real Outcome’s one-year total return is 4.7%. This was made up of a growth return of 3.85% and an income return of 0.85%. These returns were calculated as at 31 Jan 2026.

What is Generation Ardea Real Outcome’s three-year total return?

Generation Ardea Real Outcome’s one-year total return is 2.54%. This was made up of a growth return of 2.21% and an income return of 0.33%. These returns were calculated as at 31 Jan 2026.

What is the asset allocation of the Generation Ardea Real Outcome managed fund?

The asset allocation of the Generation Ardea Real Outcome managed fund is :

Fixed Interest: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Who is the responsible Entity of the Generation Ardea Real Outcome managed fund?

The Responsible Entity for the Generation Ardea Real Outcome managed fund is Austock Life Limited.

What sector/asset class does the Generation Ardea Real Outcome managed fund belong to?

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

What is the size of the Generation Ardea Real Outcome managed fund?

As at 30 Jan 2026, the size of the Generation Ardea Real Outcome managed fund was $12845130 million.

What is the inception date of the Generation Ardea Real Outcome managed fund?

The Generation Ardea Real Outcome managed fund has an inception date of 28 Apr 2021.

What is the current entry price of the Generation Ardea Real Outcome managed fund?

The current entry price of the Generation Ardea Real Outcome managed fund is $1.0369 per unit and the current exit price is $1.0359 per unit (as at 5 Feb 2026).

What is the current exit price of the Generation Ardea Real Outcome managed fund?

The current exit price of the Generation Ardea Real Outcome managed fund is $1.0359 per unit and the current entry price is $1.0369 per unit (as at 5 Feb 2026).

What is the minimum investment amount for the Generation Ardea Real Outcome managed fund?

The minimum initial investment amount for the Generation Ardea Real Outcome managed fund is $500. Minimum additional investment is $500.

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.

What our members say about us