Pinnacle BNY Mellon Global Infrastructure Yield Fund
Pinnacle Investment Management has launched a retail version of the BNY Mellon Global Infrastructure Yield Fund. Pinnacle Fund Services is the responsible entity for the fund.
The Pinnacle BNY Mellon Global Infrastructure Yield Fund invests in high-yielding international listed equities in infrastructure related sectors including telecom services, utilities, energy, industrials and materials.
It will invest in 20 to 40 stocks and is benchmarked against the S&P Global Infrastructure Index (Net) Unhedged. The suggested investment time frame is 5 years and it carries a management fee of 1.15%.
The minimum initial investment is $25,000.