Fact Sheet
As at April 2024
As at April 2024
Ardea Australian Inflation Linked Bond Fund
APIR: HOW0062AU
Manager Summary
Founded in 2008, Ardea Investment Management is a fixed income investment manager with a focus on delivering controlled returns to clients.
Ardea adopts a unique 'relative value' investment approach which targets reliable risk-adjusted returns that are independent of market direction and exhibit low correlation to broader fixed income and equity markets.
Ardea adopts a unique 'relative value' investment approach which targets reliable risk-adjusted returns that are independent of market direction and exhibit low correlation to broader fixed income and equity markets.
Strategy Summary
The Ardea Australian Inflation Linked Bond Fund aims to outperform the UBSA Government Inflation Index 0+ years over rolling 3 year periods. The investment universe is comprised mainly of securities within the UBSA Government Inflation Index 0+ years plus nominal government bonds and nominal semi-government bonds. The investment universe will also typically consist of inflation derivatives, interest rate derivatives, bank bills and negotiable certificates of deposit.
Key Terms
| Status: | Open | Inception Date: | Mar 2010 |
| Strategy: | Fixed Income | Style: | N/A |
| Geography: | Australia | Domicile: | Australia |
| Investors: | Wholesale | Min. Investment: | AU$ 10,000 |
| Distributions: | Quarterly | Applications: | Daily |
| Fund Size: | AU$ 366.83m | Management Fee: | 0.35% |
| Manager FUM: | AU$ 13,300m | Performance Fee: | N/A |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Apr 2024: | -1.79% | -1.98% | Sharpe1: | 0.49 | 0.38 |
| 1 Year: | 0.36% | -0.73% | Sortino1: | 0.66 | 0.45 |
| 3 Years1,2: | 1.28% | -2.13% | Best Month1: | 6.71% | 3.36% |
| 5 Years1,2: | 2.63% | -0.29% | Worst Month1: | -7.48% | -3.75% |
| Inception1,2: | 5.20% | 3.54% | Volatility1,2: | 6.66% | 4.01% |
| Up-Capture1: | 185% | N/A | Down-Capture1: | 127% | N/A |
Cumulative Returns Fund Index
Ardea Australian Inflation Linked Bond Fund - Cumulative Performance vs Bloomberg AusBond Composite 0+ Yr Index
Drawdowns Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Fixed Income - Bonds Peer Group (87 funds) as at March 2024
1 Year
3 Year
5 Year
7 Year
Ardea Australian Inflation Linked Bond Fund
Bloomberg AusBond Composite 0+ Yr Index
Quintile Rankings display Key Performance Indicators (KPI's) against the fund's Peer Group. Each green square ranks the fund in one quintile (or 20%) of its peer group - five green squares indicate the fund is in the best quintile for each KPI. The performance of the peer group's underlying index is shown by a red dot.