Fund Profile: MBA Global Listed Infrastructure-Hedge
Key Information
| APIR code | MPL0008AU |
| Status | Open |
| Asset class | Infrastructure - Global |
| Responsible Entity | Maple-Brown Abbott Limited |
| Fund Manager | Maple-Brown Abbott Limited |
| Product type | Retail |
| Legal type | Open end |
| Fund inception | 14 Jul 2015 |
| Fund size | $363,003,332 |
| Entry / exit price (2020-03-31) | $1.1549 / $1.1509 |
| Minimum initial | $20000 |
| Distribution frequency | Quarterly |
PDS Objective
The Fund aims to outperform the benchmark over rolling 5 year periods. An accumulation index, maintained daily by us, comprised of the OECD Total Inflation Index plus 5.5% per annum.
What is this fund?
The fund is an actively managed global listed infrastructure securities portfolio with a focus on regulated, contracted and concession assets or networks that provide essential services. These infrastructure assets typically deliver lower volatility and higher earnings stability as well as higher inflation protection compared with broader global equities. We will substantially hedge all of the Fund's currency exposure back to Australian dollars.
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 % PA | 1.0000 |
| ICR % PA | 1.0000 |
| Entry / Exit % | 0.0000/0.0000 |
| Switching % | 0.0000 |
| Buy / Sell Spread | 0.17% / 0.17% |