Fidante launches active ETFs

Fidante launch ETFs exchange traded funds active ETFs SMSFs super funds superannuation funds Ardea Investment Management ASX australian securities exchange fixed income term deposits cash inflation nick Hamilton

11 December 2018
| By Oksana Patron |
image
image
expand image

Fidante Partners has launched ActiveX, a series of actively-managed exchange traded funds (ETFs), which will feature Australia’s boutique investment managers.

They would also be expected to see high demand from self-directed SMSFs, particularly those seeking a defensive income stream from fixed income.

The first in the ActiveX series would be active fixed income ETF from Ardea Investment Management.

The ActiveX Ardea Real Outcome Bond Fund (Managed Fund), available under the ASX ticker code XARO, would be the first actively managed fixed income ETF in the Australian market that would not be constrained by an index as it was specifically designed for investors seeking to diversify traditional equity and fixed income products as well as stable returns higher than those provided by term deposits and cash, the firm said.

It would into the Ardea Real Outcome Fund (the Underlying Fund), which was launched by Ardea Investment Management in 2012 and had a track record of delivering higher returns than cash, bank deposits and inflation.

Fidante General Manager Nick Hamilton said the launch of ActiveX aimed to help retail investors increase their exposure to different types of investments in a simple and convenient way, accessible via the Australian Securities Exchange (ASX).

“ActiveX provides investors with more convenient access to our highly regarded, specialist fund managers,” Mr Hamilton said.

“We have developed ActiveX to address the growing popularity of exchange traded products among Australian investors who want the ability to diversify their portfolio through a single security, while benefiting from the expertise of an active fund manager and the flexibility of being able to trade during market hours.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

1 month 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 months 2 weeks ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

6 days 9 hours ago

Lonsec has appointed a new chief executive for its research and ratings division as Mike Wright takes up a new role in light of the acquisition of Evidentia Group by Lons...

1 month ago

The Financial Services and Credit Panel has cancelled the registration of an NSW adviser for two years as it felt he displayed a ‘level of incompetence’ in providing advi...

1 month ago

TOP PERFORMING FUNDS