Lonsec recommends Ardea fund
Fixed-income specialist, Ardea Investment Management has announced that its Real Outcome Fund has received a ‘recommended’ rating from Lonsec.
The research house appreciated its investment team, a differentiated relative value investment approach and strong historic performance.
The fund is a defensive fixed-income fund which aimed to target low-volatility returns exceeding cash rates and inflation while prioritising capital preservation, the company said.
It invests in liquid and high-quality government bonds, excluding credit investments, while applying a differentiated relative value investment process to access a broader range of fixed-income return sources that seek to deliver risk-adjusted returns, independent of the direction of interest rates or broader market fluctuations.
Ardea’s principal and co-founder, Ben Alexander, said: “The relative value investment approach targets low-volatility returns independent of whether rates go up or down, and independent of what equity and credit markets do.”
“This makes the fund a more reliable defensive fixed-income anchor to diversity portfolio risk away from conventional equity, property and credit investments, which is especially valuable in current conditions where conventional return sources are facing more risk for less return
AUTHOR
Oksana Patron
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