|Asset class||Infrastructure - Global|
|Responsible Entity||Macquarie Investment Management Aus Ltd.|
|Fund Manager||Macquarie Investment Management Aus Ltd.|
|Legal type||Open end|
|Fund inception||18 Dec 2009|
|Entry / exit price (2020-08-31)||$1.1710 / $1.1672|
The Fund provides exposure to the performance of the FTSE Developed Core Infrastructure 50/50 Net Total Return Index in Australian Dollars (hedged) (Index). It aims to generate capital growth and income.
The Fund gains exposure to the performance of the Index by investing in the Macquarie True Index Global Infrastructure Securities Fund. Macquarie is the responsible entity of the Underlying Fund, which is also managed by the Investment Manager. The Underlying Fund is designed to result in pre-tax returns for investors that equal the returns provided by the Index and seeks to achieve this by investing in shares, derivatives and cash, either directly or through Underlying funds that are managed by members of the Macquarie Group.
Outstanding : Highly suitable for inclusion on APLs. The fund most often outperforms its peers and benchmark. In all cases the fund is operating to its mandate and product disclosure statement (PDS). There are no corporate governance issues. Management is extremely experienced and skilled and has access to significant resources.
|Management Fee % PA||0.0000|
|ICR % PA||0.0200|
|Entry / Exit %||0.0000/0.0000|
|Buy / Sell Spread||0.16% / 0.16%|