Global listed infrastructure

We use our disciplined investment process to invest in global listed infrastructure securities that we believe will provide our clients with attractive risk adjusted returns. We invest only in those assets with the strongest combination of inflation linkage and low cash flow volatility, and with a high level of corporate governance and management alignment.

At the heart of our investment philosophy is our bottom-up stock selection approach, which is driven by rigorous fundamental research and extensive cash flow modelling undertaken by our experienced team of infrastructure specialists.

While not a ‘top-down’ investment manager, we also consider the macroeconomic environment as part of our investment process, given the impact these factors can have on infrastructure asset valuations.

We use our internal research to generate a tightly controlled focus list, which includes infrastructure securities from approximately 110 companies around the world that we believe provide the strongest combination of inflation protection and low volatility.

This is a relatively high conviction strategy, which ensures our portfolios have meaningful exposure to our best investment ideas. Our investment team invest a significant portion of their financial wealth in the strategy, ensuring a strong alignment of interests with our clients.

It’s our commitment to infrastructure investment and our proven investment approach that allows our clients to access the real benefits of infrastructure investment.

More information

Global Listed Infrastructure
Investment philosophy and process

Performance

Fund As at date 1 mth
%
3 mths
%
1 yr
% p.a.
3 yrs
% p.a.
4 yrs
% p.a.
5 yrs
% p.a.
Since inception
% p.a.
Inception
date
Global listed infrastructure
Global Listed Infrastructure Fund 31/03/2019 1.5 12.1 13.3 8.9 7.7 12.1 15.3 Dec 2012
Global Listed Infrastructure Fund - Hedged 31/03/2019 2.4 12.7 10.8 7.7 n/a n/a 7.9 Jul 2015
Please note that the figures above represent past performance, and past performance is not a reliable indicator of future performance. Returns are volatile and may fluctuate quickly and significantly. Neither Maple-Brown Abbott Limited nor any other person makes any representation nor gives any guarantee as to the future performance or success of, the rate of income or capital return from, recovery of money invested in, or income tax or other taxation consequences of, any investment in the trusts shown on this website. Please refer to relevant Fund above for an explanation of how the performance figures are calculated.

Unit prices

Fund Date Redemption price Net asset value Application price
Global listed infrastructure
Global Listed Infrastructure Fund 18/04/2019 $   1.7667 $   1.7702 $   1.7737
Global Listed Infrastructure Fund - Hedged 18/04/2019 $   1.1230 $   1.1253 $   1.1276

Distributions

Fund Date Cents per unit Div 12-H Summary Tax Component Summary
Global listed infrastructure
Global Listed Infrastructure Fund 31/03/2019 1.0000 ¢ Div 12-H Summary Tax Component Summary
Global Listed Infrastructure Fund - Hedged 31/03/2019 0.6500 ¢ Div 12-H Summary Tax Component Summary

Fact Sheets

Offer Documents

Fees and Costs

Management Costs *

Fund Base
Fee
% 1 & 2
Performance
Fee
% 3
Indirect
Costs
% 3
Recoverable
Expenses
% 3
Total

%
Global listed infrastructure
Global Listed Infrastructure Fund 0.98 n/a n/a n/a 0.98
Global Listed Infrastructure Fund - Hedged 1.00 n/a n/a n/a 1.00
1) Unless otherwise stated, all fees are quoted on a GST inclusive basis and net of any applicable Reduced Input Tax Credits.

2) The base fee is the fee that we charge for managing the assets and overseeing the operations of the Fund, expressed as a percentage of the net asset value of the Fund.

3) All other components of the management costs are based on the performance fee, indirect costs and recoverable expenses incurred during the prior financial year ended 30 June, expressed as a percentage of the net asset value of the Fund. Please refer to relevant Fund above for an explanation of the components of management costs.

* Fees may be negotiated if you are a wholesale investor as defined in the Corporations Act 2001 (Cth).


Transactional and Operational Costs *

Fund Total transactional and
operational costs
% 1
Less buy-sell
spread recovery
%
Net transactional and
operational costs
%
Global listed infrastructure
Global Listed Infrastructure Fund 0.17 0.09 0.08
Global Listed Infrastructure Fund - Hedged 0.17 0.06 0.11

1) Based on the estimated costs incurred during the prior financial year ended 30 June, expressed as a percentage of the average Fund net asset value.


* Please refer to relevant Fund above for an explanation of the Transactional and Operational Costs.



Buy / Sell Spreads *

Fund Total spread
%
Global listed infrastructure
Global Listed Infrastructure Fund 0.20 / 0.20
Global Listed Infrastructure Fund - Hedged 0.20 / 0.20

* The buy-sell spread is an additional cost to you. This ensures existing investors are not disadvantaged due to the costs associated with buying or selling the Fund’s investments as a result of applications and withdrawals.


1)
Wholesale investment only
The buy-sell spread is an additional cost to you. This ensures existing investors are not disadvantaged due to the costs associated with buying or selling the Fund’s investments as a result of wholesale applications and withdrawals.

Retail investment only
There is no buy-sell spread for the ordinary class. Existing investors may be disadvantaged due to the costs associated with buying or selling the Fund’s investments as a result of retail applications and withdrawals.

Forms

Reasons to invest with us