Global Listed Infrastructure Fund

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What is infrastructure?


Please refer to the glossary for explanations of the investment terms used throughout this website.

Infrastructure broadly refers to assets associated with the provision of essential services for the safe and prosperous functioning of global society. These are physical assets on which we all rely every day – from the utilities that provide our power and water, to the toll roads and railways on which we travel.

These types of businesses typically enjoy the following characteristics:

  • Long-life assets governed by long-term contracts
  • Inflation-linked revenues
  • Stable and growing cashflows

The relatively predictable nature of these cashflows is highly suited to long-term investors who are looking for the potential of a reliable and growing income stream, with their capital value supported by physical assets.

The value of the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.


What is listed infrastructure?


Investing in infrastructure has traditionally only been possible for institutional investors – such as pension schemes and sovereign wealth funds – by way of large private investments, where capital is locked away for long periods of time.

However, the asset class is increasingly accessible to individual investors, not least through the shares of infrastructure companies listed on the stock market. This is what we mean by listed infrastructure.

Not only can you invest in listed infrastructure with much smaller amounts than that required to invest in private assets, but listed investments typically offer significantly greater liquidity because the shares of larger companies are traded regularly and so can usually be bought or sold quickly and easily. Listed infrastructure can also offer investors a high degree of diversification because each company will typically generate income from a number of different assets.

You can gain access to a broad range of listed infrastructure companies by investing in a fund, which combines holdings in a number of companies into a single investment.

When funds generate income from the companies in which they invest, it can be paid out to investors on a regular basis if they choose to own income shares. Alternatively, income can be reinvested to generate further income and capital growth, if the investments perform well.

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Why infrastructure?

Infrastructure holds an important place in the fabric of modern society, serving as the backbone of the world economy. As such, we believe that the stable and growing cashflows generated by the asset class have an equally important part to play in investors’ portfolios.

Everyday we’re unknowingly reliant on infrastructure. From getting up in the morning, checking your phone and taking a shower to watching the latest boxset at the end of the day…

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Where we invest

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Why the M&G (Lux) Global Listed Infrastructure Fund?

1

Differentiated, diversified

Investing beyond the traditional realm of economic infrastructure and diversifying into social  and evolving infrastructure, with ESG integrated in the process

2

Rising income

A high conviction fund investing in 40-50 companies that have the potential to increase dividends sustainably over the long term, often backed by inflation protected revenues

3

Lower volatility

Listed infrastructure offers potential characteristics of higher dividend yield and lower volatility versus global equities

The value of the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.

The M&G (Lux) Global Listed Infrastructure Fund invests in the foundations of a modern society – from the physical assets that provide our water, energy and transportation needs, to the education and healthcare facilities that foster our society, and the communications networks that connect us in an increasingly digital world.

The fund invests mainly in company shares and is therefore likely to experience larger price fluctuations than funds that invest in bonds and/or cash.

Our global approach seeks out opportunities in both the developed and the developing world, with a resolute focus on long-term stability and inflation-protected growth in an asset class with breadth, depth and liquidity.

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Our investment solution

Visit the fund page

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The collective investment schemes referred to in this document (the "Schemes") are open-ended investment companies with variable capital, incorporated in England and Wales. Société Générale, Paris, Zurich Branch, Talacker 50, P.O. Box 5070, 8021 Zurich acts as the Swiss representative of the Schemes (the "Swiss Representative") andacts as their Swiss paying agent. The Instrument of Incorporation, Prospectus, the Key Investor Information Document, as well as the annual or interim Investment Report and Financial Statements of the Schemes (each in their respective latest version approved by the Swiss Financial Market Supervisory Authority, in German) can be obtained free of charge from the Swiss Representative in Zurich.


The value of the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.