The ActiveX Ardea Real Outcome Bond Fund (Managed Fund), an actively managed fixed-income ETF from Ardea Investment Management, has been added to award-winning investment and superannuation platform, HUB24.
The ETF is the first release in Fidante’s ActiveX series and is available under the ASX ticker code, XARO. It is the first actively managed fixed-income ETF in the Australian market that is not constrained by an index.
XARO’s underlying fund, the Ardea Real Outcome Fund (ARO) has $591 million of AUM (as at 30 April 2019) and has a strong track record of delivering consistent low volatility returns since July 2012. Ardea manage $1.9bn overall in the Real Outcome strategy when institutional clients are included, and have over $11bn in FUM at a firm-wide level.