Skip to main content

About the Fund

The Fund aims to efficiently deliver the risk and return characteristics of the benchmark index while also targeting excess returns above the Fund’s benchmark.

The Fund aims to efficiently deliver the risk and return characteristics of the benchmark Index.
The Fund aims to generate volatility-controlled alpha from uncorrelated sources via Ardea’s proven pure relative value approach.
The Fund primarily invests in high quality government bonds, related derivatives and cash equivalent investments with no exposure to corporate bonds or other credit securities.

Why this Fund

The Fund is intended for investors seeking the return characteristics of the Australian bond market as represented through the Bloomberg Ausbond Composite Bond 0+ Year Index with daily liquidity that is independent of the market conditions.

Targeting stable Alpha with consistent tracking error control.
Defensive, high quality fixed income exposure with no exposure to corporate bonds or other credit securities.
Highly differentiated alpha drivers that are independent of fixed income and equity market performance.

Fund Facts

About this fund
Unit prices (at 06 Dec 2024)
Buy $0.74 / Sell $0.74
Buy/sell spread (at 06 Apr 2022)
0.08% / 0.08%
Inception date
13 Feb 2019
Benchmark
Bloomberg Ausbond Composite Bond 0+ Year Index
Fund size (at 29 Nov 2024)
$40.98m
Distribution Frequency
Quarterly
Suggested Min Timeframe
At least two years
Currency
AUD
Portfolio Managers
Ben Alexander
Gopi Karunakaran
Fund IDs
APIR
HOW8543AU
ARSN
622 519 117
TICKER
-
mFund
-
Fees / Pricing
Management Costs
0.50%
Performance Fee (if applicable)
-
Minimum Investment
$10,000

Fund size displayed at a class level only. Interests in the Ardea Diversified Bond Fund ARSN 622 519 117 are offered by Fidante Partners Limited (ABN 94 002 835 592 AFSL 234 668) (Fidante). Fidante has appointed Ardea Investment Management Pty (ABN 50 132 902 722 AFSL 329828)) as the investment manager of the Fund.

Fund Performance & Distributions

Performance Table
Cumulative Performance
Distribution History

Fund Performance (Net) as at 30 Nov 2024

1M 3M 1YR 3YR (p.a) 5YR (p.a) 10YR (p.a) SI (p.a)
Fund 0.75% -0.85% 1.97% -1.86% -0.18% - 1.88%

Data powered by FE fundinfo. Past performance is not a reliable indicator of future performance. The inception date of the Fund is 13 February 2019.

FE fundinfo calculates performance using the Australian FSC Standard by constructing a total value index series that reflects the percentage change in investments assuming the reinvestment of all distributions. A total value index series is constructed using the Ex-Distribution exit price, which is calculated at the end of a distribution period by deducting the distribution amount by the Cum distribution exit price.

Data powered by FE fundinfo

Performance is calculated on a bid-to-bid basis with income reinvested. It is important to know that unit prices reflect the value of the underlying assets of the funds and so can go down as well as up.

Past performance is not indicative of future performance. Where a fund invests in overseas securities, the unit prices may also rise and fall purely on account of exchange rate fluctuations.

Data powered by FE fundinfo

© FE fundinfo 2023. All rights reserved. The compilation of data contained in this report is the copyright of FE fundinfo. It may be copied only incidentally to print single copies for use by those authorised to view it. Whilst reasonable care has been taken in the compilation of the data, it is not warranted to be accurate or complete, and has been drawn by FE fundinfo from sources which are also not warranted to be accurate or complete.

Performance figures are calculated on an exit – exit basis and shown in Australian Dollars.

Resources

You should read the Fund's TMD and PDS to ensure the key attributes of the Fund as described in the TMD and PDS aligns with your objectives, financial situation and needs before making a decision about whether to acquire or continue to hold the Fund.

Fund Ratings

Organisation Rating
Lonsec Highly Recommended
Morningstar -
Zenith -

The rating issued 05/2023 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2023 Lonsec. All rights reserved.