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ClearBridge RARE Infrastructure Value Fund - Unhedged

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About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100207-2023-05-27-02:21.pdf
FUND MANAGER ClearBridge Investments
ASX Code
APIR TGP0034AU
ASSET CLASS INFRASTRUCTURE
INVESTMENT STYLE The Fund invests in listed companies whose business is the ownership, operation and maintenance of infrastructure assets.
INVESTMENT PROFILE The investment objective of the Fund is to provide regular and stable income plus capital growth with a specific focus on minimising the volatility of returns.
CURRENCY MANAGEMENT Unhedged
INCEPTION DATE 31-05-2011
BENCHMARK An accumulation index comprised of the OECD G7 Inflation Index plus 5.5% per annum
FUND SIZE An accumulation index comprised of the OECD G7 Inflation Index plus 5.5% per annum
DISTRIBUTION FREQUENCY Quarterly
NO. OF HOLDINGS 30-60
FEES 0.974% p.a. incl. the net effect of GST
STRUCTURE

Benefits

Benefits

Benefits Of Investing In The ClearBridge RARE Infrastructure Value Fund - Unhedged

An investment in the Fund has significant benefits including:

  • Your money is managed by ClearBridge's investment professionals who have access to investment techniques, investment opportunities and markets that may not be accessible to all investors
  • Generally you can apply to withdraw your investment on any Business Day
  • Fund managers can usually invest at a lower cost than individual investors
  • The Fund aims but does not guarantee to generate income and capital gains for investors.

Risk level

High

Investor Suitability

The Fund may suit investors with a long-term investment horizon, whose investment objective is to achieve growth in the value of their investment, and who are willing to accept an investment strategy involving a high level of volatility and risk in the management of their investment.
RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

About the Fund

The Fund will hold a diverse range of global infrastructure securities across a number of infrastructure sub-sectors such as gas, electricity and water utilities, renewables, toll-roads, airports, rail and communication infrastructure and across geographic regions.

The Fund's investment objective is to provide investors with regular and stable income, comprised of dividends, distributions and interest, plus capital growth from a portfolio of global infrastructure securities without any hedging of the Fund's currency exposure.

About ClearBridge

ClearBridge is a specialist investment manager engaged by us to manage investments in global listed infrastructure securities for the Fund.

ClearBridge is dedicated to identifying and investing in the best infrastructure assets in the global listed equity market with the goal to deliver strong absolute returns over an investment cycle. Understanding and managing the relationship between risk and return as it applies to infrastructure assets is at the heart of ClearBridge's bottom-up investment process.

Mandate

How we invest your money

As a guideline, the Fund will usually hold between 30 and 60 different securities. The main investments of the Fund will include:

  • Securities listed on stock exchanges in the G7 countries of the United States of America, United Kingdom, Japan, Germany, France, Italy and Canada
  • Securities listed on exchanges of other developed and developing nations
  • Securities not yet listed on a securities exchange but that are expected to be listed within 12 months of purchase
  • Cash and cash equivalents such as other investment grade interest-bearing securities
  • Derivatives (in the circumstances described in Section 5 "About the investment guidelines)
  • Depository receipts or other such securities where the underlying securities are inaccessible or illiquid.

The Fund's targeted holdings will be diversified by sector and regional exposures and generally in the proportions outlined in the table of page 5 of the PDS.