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XARO

Actively managedFixed Income

Ardea Real Outcome Bond Complex ETF

About this ETF

The Fund is a managed fund which has been established as a separate class of units in the ActiveX Trust, a registered managed investment scheme. Investors in the Fund acquire units in that specific class of units and the assets of the Fund are held on trust for the investors in the specific class that relates to the Fund. The Fund is administered as a separate trust by Fidante. The Fund’s units trade on the AQUA market on the ASX.

IssuerArdea Investment Management
Management fee (MER)0.50% p.a.
Inception date10 Dec 2018
BenchmarkCPI

Scout Score

63/100
Ranked #7 of 30 in active Fixed Income

An independent score calculated by ETF Scout across 6 real-data factors (cost, diversification, liquidity, fund strength, performance, income), ranked against other actively-managed funds in the same category. Tracking isn't scored, since active funds don't target an index.

Cost55
Diversification—
Liquidity64
Fund Strength79
Performance—
Income64

Strengths

  • Large, established fund — $145M in assets, bigger than 79% of active Fixed Income funds.

Weaknesses

No notable weaknesses found relative to category peers.