Magellan Wholesale Plus Infrastructure Fund (BT)
About this Fund
Fund Detail
| PDS | https://informedinvestor.com.au/view/pds/101163-2022-09-30-02:34.pdf |
| FUND MANAGER | Magellan Asset Management |
| ASX Code | |
| APIR | WFS0858AU |
| ASSET CLASS | INFRASTRUCTURE |
| INVESTMENT STYLE | The Fund offers investors an opportunity to invest in a specialised and focused global infrastructure fund. |
| INVESTMENT PROFILE | The primary objective of the Fund is to achieve attractive risk adjusted returns over the medium to long-term, while reducing the risk of permanent capital loss. |
| CURRENCY MANAGEMENT | Active management |
| INCEPTION DATE | 11-04-2017 |
| BENCHMARK | S&P Global Infrastructure Index A$ Hedged Net Total Return |
| FUND SIZE | S&P Global Infrastructure Index A$ Hedged Net Total Return |
| DISTRIBUTION FREQUENCY | Half-yearly |
| NO. OF HOLDINGS | 20-40 |
| FEES | 0.95% p.a. |
| STRUCTURE |
Benefits
| Benefits | Benefits of investing in the Magellan Wholesale Plus Infrastructure FundInvesting in the Fund offers investors a range of benefits, including the following:
Risk levelVery High |
| RISK LEVEL | |
| INVESTOR SUITABILITY |
Risks
| Title | |
| Detail |
Key Features
About the FundThe Fund offers investors an opportunity to invest in a specialised and focused global infrastructure fund. The Fund investment universe is an entity listed on a global stock exchange whose primary business is the ownership and operation of infrastructure assets. The primary objectives of the Fund are to achieve attractive risk-adjusted returns over the medium to long-term, while reducing the risk of permanent capital loss. The Fund will invest in companies that generate the dominant part of their earnings from the ownership of infrastructure assets. The Manager will endeavour to acquire these companies at discounts to their assessed intrinsic value. The Fund portfolio is anticipated to comprise of 20 to 40 investments. The Manager believes such a portfolio will achieve sufficient diversification to ensure the Fund is not overly correlated to a single company or to macroeconomic risk. It is the Manager's intention to substantially hedge the capital component of the foreign currency exposure of the Fund arising from investment in overseas markets back to Australian dollars. About BT Wholesale Plus fundsTo create Wholesale Plus Funds, BT worked with a range of reputable fund managers to deliver some of their best-rated and most popular wholesale funds at a reduced investment cost. These funds provide exposure to the underlying wholesale funds but generally have a lower management fee and are only available through BT's platforms. |
Mandate
How we invest your moneyThe Fund invests in the securities of companies listed on stock exchanges around the world, but will also have some exposure to cash. The Fund can use foreign exchange contracts to facilitate settlement of stock purchases and to mitigate currency risk on specific investments within the portfolio. It is the Manager's intention to substantially hedge the capital component of the foreign currency exposure of the Fund arising from investments in overseas markets back to Australian dollars. The asset allocation of the Fund is as follows:
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