UBS CBRE Global Infrastructure Securities Fund
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/101616-2024-05-01-02:50.pdf |
FUND MANAGER | CBRE Clarion Securities, LLC |
ASX Code | |
APIR | UBS0064AU |
ASSET CLASS | INFRASTRUCTURE |
INVESTMENT STYLE | The Fund is an actively managed fund that invests in global listed infrastructure securities. The Portfolio Manager is an active asset manager that uses fundamental analysis to build a portfolio of global listed infrastructure securities. The Fund will primarily invest in companies that derive stable income from owning or operating long-duration infrastructure assets. |
INVESTMENT PROFILE | The Fund aims to provide a total return consisting of capital growth and income that outperforms (after management costs) the Benchmark over rolling three year periods. |
CURRENCY MANAGEMENT | Hedged |
INCEPTION DATE | 04-08-2016 |
BENCHMARK | FTSE Global Core Infrastructure 50/50 Index (Net) AUD Hedged |
FUND SIZE | FTSE Global Core Infrastructure 50/50 Index (Net) AUD Hedged |
DISTRIBUTION FREQUENCY | Half-yearly |
NO. OF HOLDINGS | 40-60 |
FEES | 1.00% p.a. of the NAV of the Fund |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the UBS CBRE Global Infrastructure Securities FundThe significant benefits and features of investing in the Fund are:
Risk levelHigh Investor suitabilityThe Fund is best suited to investors who seek exposure to a diversified portfolio of global listed infrastructure entities. |
RISK LEVEL | High |
INVESTOR SUITABILITY | The Fund is intended to be suitable for investors with at least a seven year investment timeframe and with a high risk and return profile. More specifically, the Fund is intended to be suitable for investors who are seeking exposure to a diversified portfolio of global listed infrastructure entities. |
Risks
Title | |
Detail |
Key Features
About the FundThe Fund is an actively managed fund investing in global listed infrastructure securities across a range of geographic regions and infrastructure sectors which may include utilities, transportation, energy infrastructure and communication infrastructure. The Fund will invest in listed infrastructure securities issued by global infrastructure companies, which are entities located throughout the world that derive at least 50% of their revenues or profits from, or devote at least 50% of their assets to, the ownership, management, development or operation of infrastructure assets. The Fund aims to outperform (after management costs) the FTSE Global Core Infrastructure 50/50 Index (Net) (AUD Hedged) over rolling three year periods. About CBRE Clarion SecuritiesUBS Asset Management (Australia) Ltd appointed CBRE Clarion Securities, LLC (the Portfolio Manager'). The Portfolio Manager is an investment advisory firm specialising in global listed property and global listed infrastructure securities and has been appointed as the investment manager in relation to the Fund. The Portfolio Manager is the listed equity management division of CBRE Global Investors, a global real asset management firm with $151 billion (as at 31 March 2019) in assets under management. |
Mandate
How we invest your moneyThe Fund will invest in listed infrastructure securities issued by global infrastructure companies, which are entities located throughout the world that derive at least 50% of their revenues or profits from, or devote at least 50% of their assets to, the ownership, management, development or operation of infrastructure assets. Examples of infrastructure assets include:
The Fund will generally own between 40-60 securities and is managed against a fully-hedged benchmark. We separately implement currency hedging after the construction of the portfolio by the Portfolio Manager. The Fund will primarily invest in ordinary shares of listed infrastructure companies, unit trusts, cash, derivatives and currency instruments. It may also invest in or acquire other equity-like securities such as preferred shares, convertible securities, depositary receipts and rights or warrants to buy ordinary shares. Investment guidelinesAsset allocation
Regional allocation
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