The Ardea Real Outcome Fund aims to stabilise your returns
irrespective of market movements.

Unlike most fixed income funds, Ardea’s Real Outcome Fund seeks less conventional investment opportunities, beyond simply buying and holding bonds. Its ‘relative value’ investment approach is designed to deliver low volatility returns irrespective of the level or direction of interest rates. The Fund also has low exposure to broader market fluctuations and excludes credit investments, resulting in a very defensive risk profile.

Key to the Fund’s success is the longevity and diversity of the investment team’s experience, through varied market cycles. This, combined with a constant focus on risk management, has made the Fund a top performer over the years^, delivering lower-risk absolute returns, while prioritising liquidity and capital preservation.

Fund Facts

Investment objective The Fund targets a stable return in excess of inflation over the medium term.
Initial investment $10,000 or $1,000 when a Regular Savings Plan is established.
Minimum investment timeframe At least two years.
Investment universe The Fund primarily invests in liquid and high quality Australian and global government bonds, semi-government bonds, interest rate derivatives, inflation linked securities and short term rated money market instruments. Ardea aims to hedge any foreign currency exposure back to AUD.
^ Mercer Australian Absolute Return Universe, 31 August 2018.
Interests in the Ardea Real Outcome Fund are offered by Fidante Partners Limited ABN 94 002 835 592 AFSL 234668 (Fidante Partners). Fidante Partners has appointed Ardea Investment Management Pty Limited as the investment manager of the Fund.

There’s More to Fixed Income Than Just Buying Bonds

In this thought paper, Ardea discuss why relative value investing is a compelling alternative to traditional fixed income investing. The conventional sources of return of collecting interest payments from bonds or correctly predicting the direction of rates (which delivers capital gains or losses) are heavily challenged by the current low levels interest rates and credit spreads, as well as uncertainty about their future direction.

The paper examines:

  • How conventional sources of return are challenged in today’s market
  • An alternative approach to fixed income investing
  • How a relative value approach can benefit investors

For other thought pieces from Ardea, please click here.

Performance

Performance* (after fees) as at 30 November 2018

1 month
(%)
3 months
(%)
FYTD
(%)
1 year
(%)
3 years
(% p.a.)
5 years
(% p.a.)
Since Inception
(% p.a.)**
Ardea Real Outcome Fund 0.45 1.32 1.32 3.06 3.89 3.55 3.53
Benchmark*** 0.13 0.45 0.74 1.76 1.69 1.72 1.95
Excess Return 0.32 0.87 0.58 1.30 2.20 1.83 1.58

Past performance is not a reliable indicator of future performance.
* Performance figures are calculated after fees have been deducted and assume distributions have been reinvested. No allowance is made for tax when calculating these figures.
** The inception date for the Fund is 20 July 2012.
*** The Fund benchmark is the Australian Consumer Price Index

Platforms

The Ardea Real Outcome Fund is available on the following platforms:

BT Panorama
BT Wrap and BT SuperWrap
Macquarie Wrap
Netwealth
PowerWrap

How to Invest

For step by step instructions on how to invest, please click the Apply Now button below.

To find out more about the Ardea Real Outcome Fund, please contact your local Fidante Partners Business Development Manager or call us on 1800 195 853 Monday to Friday, 8am to 6pm EST. Alternatively, you can email us your request via our Contact Us Form.