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Activex Ardea Real Outcome Bond Fund (Managed Fund) (ASX: XARO) - Share Price and Research

- Current share price for XARO : $23.680

Activex Ardea Real Outcome Bond Fund (Managed Fund) (XARO) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. Activex Ardea Real Outcome Bond Fund (Managed Fund) (XARO) is a defensive fixed income solution that targets a stable return in excess of inflation.

General Information

Activex Ardea Real Outcome Bond ETF
Fidante Partners Limited
Alternative - Other
RBA Bank accepted Bills 90 Days
Not Rated
Not Rated
Investment Fund
6 Dec 2018
$355.49 million (as at 30 Sep 2024)
$24.6 (as at 30 Aug 2023)
$24.3 (as at 30 Aug 2023)

XARO ETF performance (31 Oct 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 0.51 0.57 -0.06 -1.2 1.07 1.67 1.96 -
Growth return 0.02 0.08 -0.55 - -1.04 -2.11 -2.13 -
Income return (Yield) 0.49 0.49 0.49 - 2.11 3.78 4.09 -

Market index (RBA Bank accepted Bills 90 Days)
Total return 0.36 1.1 2.18 4.37 4.02 2.96 1.87 1.91

Asset Allocation (31 Oct 2024)

Australian Equities 0%
International Equities 0%
Cash -4.06%
Property 0%
Fixed Interest 104.06%
Alternatives 0%
Asset Allocation

Objectives and Strategy

The Fund targets a stable return in excess of inflation over the medium term.
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.

Offer information

MER 0.50% (as at 23 Nov 2023)
Indirect Cost Ratio (ICR) 0.50% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment

Top 10 holdings (as at 30 Sep 2024)

Holding Type % of Portfolio
New South Wales Treasury Corporation 2.75% Bond-Gov't Inflation Protected 27.39%
Login now to view the complete list of holdings.

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.

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Data shown on this website is sourced by Morningstar
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