ActiveX Ardea Real Outcome Bond Fund
Ardea Funds Management has launched the Ardea Real Outcome Bond active exchange traded fund (ETF) on the Australian Stock Exchange, via Fidante Partners ActiveX ETF Series.
The fund invests in high-quality government bonds, but aims to deliver better returns than bank deposits.
"[The fund] can work as a defensive fixed income anchor to help your investment portfolio navigate the ups and downs of markets," Ardea Funds Management says in the fund's flyer.
The fund is benchmarked against the Consumer Price Index and is distributed quarterly.