Activex Ardea Real Outcome Bond Fund (Managed Fund) (XARO) - Research

$25.790

XARO General Information +

ASX Code XARO
Website http://www.ardea.com.au
GICS Sub-Industry --
Market Cap ($M) 0
Current Price $25.790
Day High $25.790
Day Low $25.790
Last Close $25.790
Price Movement - ( No change )
Prices as at 16:40, 24 May 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

XARO Company Overview

Business Description

Activex Ardea Real Outcome Bond Fund (Managed Fund) (XARO) is a defensive fixed income solution that targets a stable return in excess of inflation. The Fund primarily uses government bonds to create a diversified portfolio of high quality fixed income securities that seeks to priorities liquidity and capital preservation. The Fund is allowed to enter into repurchase agreements. A repurchase agreement is a money-market instrument generally used to raise funds in the short term. A party will sell a government security (such as a government bond) and will then buy the security back at a pre-agreed price in the near future. Any proceeds from repurchase agreements may be invested in nominal government bonds and inflation linked government bonds, as well as short-dated bank bills, negotiable certificates of deposits and promissory notes, with predominantly less than six months to maturity (rated A1 (or equivalent) or better).

XARO Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
Activex Ardea Real Outcome Bond Fund (Managed Fund) (XARO) $6M 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%

XARO Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 0.00 0.00
Market 0.67 14.40 1.19 1.03
Sector 0.00 0.00 0.00 0.00

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. 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.