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  5. Ardea Real Outcome Fund - Managed fund profile

Ardea Real Outcome Fund - 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 0.66% 2.15% 2.96% 3.7% 1.46% 2.58% 2.16% 2.96%
Growth return 0.19% 1.67% 2.01% 2.28% -0.73% -1.41% -2.17% -1.19%
Income return 0.47% 0.48% 0.95% 1.42% 2.19% 3.99% 4.33% 4.15%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.34% 1.02% 2.13% 4.35% 4.28% 3.67% 2.21% 1.99%
As at 31 Mar 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Ardea Real Outcome Fund
Cash
6.98%
Fixed Interest
93.02%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
43.40%
Fixed Interest
17.42%
Australian Equities
4.28%
International Equities
7.52%
Property
1.93%
Alternatives
25.45%

General Information

Fund Details
Type Description
Ardea Real Outcome Fund
Fidante Partners Limited
HOW0098AU
Alternative - Other
starstarstarstar (as at 31 Dec 2019)
Investment Fund
20 Jul 2012
$2234.81 million (as at 31 Mar 2025)
$0.875 (as at 16 Apr 2025)
$0.8742 (as at 16 Apr 2025)
Open
Offer information
Type Description
MER 0.50% (as at 21 Nov 2024)
Indirect Cost Ratio (ICR) 0.50% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $10,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Jan 2025)

Holding (as at 31 Jan 2025) Type % of Portfolio
New South Wales Treasury Corporation 2.75% Bond-Gov't Inflation Protected 37.70%
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FAQs about the Ardea Real Outcome Fund

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

The strategy of the Ardea Real Outcome Fund 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 Ardea Real Outcome Fund managed fund is HOW0098AU.

Ardea Real Outcome Fund’s total return last month was 0.66%. This was made up of a growth return of 0.19% and an income return of 0.47%. These returns were calculated as at 31 Mar 2025.

Ardea Real Outcome Fund’s total return for the last three months was 2.15%. This was made up of a growth return of 1.67% and an income return of 0.48%%. These returns were calculated as at 31 Mar 2025.

Ardea Real Outcome Fund’s one-year total return is 3.7%. This was made up of a growth return of 2.28% and an income return of 1.42%. These returns were calculated as at 31 Mar 2025.

Ardea Real Outcome Fund’s one-year total return is 2.58%. This was made up of a growth return of -1.41% and an income return of 3.99%. These returns were calculated as at 31 Mar 2025.

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

Cash
6.98%
Fixed Interest
93.02%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Ardea Real Outcome Fund managed fund is Fidante Partners Limited.

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

As at 31 Mar 2025, the size of the Ardea Real Outcome Fund managed fund was $2234.81 million.

The Ardea Real Outcome Fund managed fund has an inception date of 20 Jul 2012.

The current entry price of the Ardea Real Outcome Fund managed fund is $0.875 per unit and the current exit price is $0.8742 per unit (as at 16 Apr 2025).

The current exit price of the Ardea Real Outcome Fund managed fund is $0.8742 per unit and the current entry price is $0.875 per unit (as at 16 Apr 2025).

The minimum initial investment amount for the Ardea Real Outcome Fund managed fund is $10,000. Minimum additional investment is $1000.

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.