Fund Profile: Hedged Index Global Infrastructure Secs

Key Information

APIR codeMAQ0829AU
StatusOpen
Asset classInfrastructure - Global
Responsible EntityMacquarie Investment Management Aus Ltd.
Fund ManagerMacquarie Investment Management Aus Ltd.
Product typeRetail
Legal typeOpen end
Fund inception18 Dec 2009
Fund size$214,930,901
Entry / exit price (2020-06-30)$1.3517 / $1.3481
Minimum initial$0
Distribution frequencyQuarterly

PDS Objective

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.

What is this fund?

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.

What this rating means?

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.

Fees

Management Fee % PA0.0000
ICR % PA0.0000
Entry / Exit %0.0000/0.0000
Switching %0.0000
Buy / Sell Spread 0.13% / 0.13%