Australian Whitehelm Listed Core Infrastructure Fund - Unhedged

Infrastructure investment manager, Whitehelm Capital, has launched an Australian domiciled version of its Europe-based Listed Core Infrastructure Fund.

The fund is a benchmark unaware strategy that aims to return OECD CPI plus 5 per cent per annum and invests in global core infrastructure such as airports, toll roads and rail roads as well as water, gas and electricity utilities.

Whitehelm says these are assets with defensive cash flows and monopoly characteristics. However, the fund avoids power producers and retailers with their exposure to volume and pricing risk, and sectors such as logistics and shipping companies with typically low margins and more volatile earnings.

“The fund aims to be the ideal defensive component of a balanced retail investor’s portfolio. It is more defensive than listed property and most global peer funds. The fund also offers greater risk diversification and a lower correlation to broad equity markets than most peer funds," Whitehelm’s Canberra-based portfolio manager, Ursula Tonkin, said.

The fund has a minimum investment of $10,000.

Whitehelm Capital Australian Whitehelm Listed Core Infrastructure Fund - Unhedged Launched on 29 August 2019 Designed for retail investors. Find out more Industry Moves does not hold an AFS Licence and neither recommends nor endorses this product/service.