Fund Profile: MBA Global Listed Infrastructure-Hedge

Key Information

APIR codeMPL0008AU
StatusOpen
Asset classInfrastructure - Global
Responsible EntityMaple-Brown Abbott Limited
Fund ManagerMaple-Brown Abbott Limited
Product typeRetail
Legal typeOpen end
Fund inception14 Jul 2015
Fund size$307,315,184.00
Entry / exit price (2019-07-31)$1.1630 / $1.1584
Minimum initial$20000
Distribution frequencyQuarterly

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 % PA1.0000
ICR % PA1.0000
Entry / Exit %0.0000/0.0000
Switching %0.0000
Buy / Sell Spread 0.20% / 0.20%