4D Global Infrastructure Fund
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100128-2023-10-24-02:17.pdf |
FUND MANAGER | 4D Infrastructure |
ASX Code | |
APIR | BFL0019AU |
ASSET CLASS | INFRASTRUCTURE |
INVESTMENT STYLE | The Fund will be managed as a single portfolio of listed global infrastructure securities. Infrastructure is defined to include regulated utilities in gas, electricity and water; transport infrastructure such as airports, ports, roads and rail; contracted or regulated energy such as renewable energy providers and pipeline operators; and communication assets such as towers. |
INVESTMENT PROFILE | The Fund’s objective is to identify quality listed global infrastructure securities, trading below fair value, with sustainable, growing earnings combined with sustainable, growing dividends. |
CURRENCY MANAGEMENT | Unhedged |
INCEPTION DATE | 07-03-2016 |
BENCHMARK | OECD G7 inflation index + 5.5% per annum |
FUND SIZE | OECD G7 inflation index + 5.5% per annum |
DISTRIBUTION FREQUENCY | Quarterly |
NO. OF HOLDINGS | 30-60 |
FEES | 0.95% p.a. (including GST net of reduced input tax credits) of the NAV of the Fund |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the 4D Global Infrastructure FundThe significant benefits of investing in the Fund are:
Risk LevelHigh Investor SuitabilityThe Fund is suitable for investors who:
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RISK LEVEL | High |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
Investment objectiveThe Fund's objective is to identify quality listed global infrastructure securities, trading at or below fair value with sustainable, growing earnings combined with sustainable, growing dividends. The investment process is designed to take advantage of the best opportunities available in the global market for listed infrastructure securities. It has regard for market conditions and the timing of trade execution, so as to capitalise on price dislocations in the market. The Fund seeks to deliver returns that outperform the Benchmark (being the OECD G7 inflation index + 5.5% per annum) over the longer term. Fund strategyThe Fund will be managed as a single portfolio of listed global infrastructure securities. Infrastructure is defined to include regulated utilities in gas, electricity and water; transport infrastructure such as airports, ports, road and rail; as well as communication assets such as the towers and satellite sectors. The Fund is intended to be truly global with exposure to both developed and emerging market opportunities, with country risk assessed internally before any investment is considered. |
Mandate
How we invest your moneyThe investment process is designed to take advantage of the best opportunities available in the global market for listed infrastructure securities. It has regard for market conditions and the timing of trade execution, so as to capitalise on price dislocations in the market. Minimum market capitalisation and daily trading thresholds apply with respect to securities on an individual entity basis to mitigate liquidity risk for investors. Asset classes and strategic asset allocationThe Fund can invest in the following asset classes:
Derivatives will primarily be used as an alternative to the direct purchase of a security. Maximum absolute positionThe Fund's maximum absolute position (portfolio weight) of an individual stock is 7% of the Fund. |