Macquarie Global Infrastructure Securities
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| CF MACQUARIE GLOBAL INFRASTRUCTURE SECURITIES |
| INITIAL CHARGE |
DISCOUNT |
REDUCED INITIAL CHARGE |
| 4.50% |
4.00% |
0.50% |
| OUR VIEW: |
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Macquarie can certainly be regarded as a global authority in this field. Although this fund has a limited track record in the UK, Macquarie has global experience managing £1.7bn of such assets. It is also encouraging that the fund, which was launched at a very tough time, is still showing a (small) gain since launch, having outperfromed global stockmarkets by about 12%, and exhibiting somewhat less volatility.
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| RISK AND YOUR PORTFOLIO: |
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Funds invested into infrastructure can represent up to 5% of portfolios and, in risk terms, sit between bonds and equities.
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| ABOUT THE FUND: |
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The Fund aims to provide UK investors with a total return over the medium-to-long term consisting of income and capital growth.
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| FUND FACTS: |
| LAUNCHED |
FUND SIZE |
ANNUAL CHARGE |
FUND MANAGER |
| 22/06/2007 |
£47.3 million |
1.60% |
Justin Lannen |
| FUND PERFORMANCE: To 31st March 2009 |
| 0-12m |
12-24m |
24-36m |
36-48m |
48-60m |
| -20.64% |
- - - |
- - - |
- - - |
- - - |