Ausbil Global Essential Infrastructure Fund
Ausbil Investment Management has launched both the hedged and unhedged versions of its Ausbil Global Infrastructure Fund on the Australian Stock Exchange's mFund.
Ausbil says the fund invests incompanies that have assets that are “essential” for the basic functioning of a society. These kinds of assets are often regulated and contracted, which means they can deliver stable cash flows.
"Ausbil likes monopolistic, regulated or long-term contracted assets and companies in sectors such as regulated utilities (eg electricity, gas and water), transport (eg toll roads, airports), energy (eg regulated or contracted pipelines) and communications (eg mobile phone towers)," Ausbil says in the product's Product Disclosure Statement.
The funds have management fees of 1 per cent.