Why investing in listed infrastructure?
- Infrastructure is the backbone of the economy that keeps the world running
- Income from infrastructure companies is often linked to inflation
- In 2022 the fund has been regranted the Towards sustainability label in Belgium
- The fund invests in themes with underlying structural growth
- In 2022 the fund has been regranted the Towards Sustainability label in Belgium.
Why now?
- We believe listed infrastructure has the potential to provide reliable and sustainability focused long-term growth
- Companies are paying increasing attention to ESG credentials in their efforts to become better businesses, both from a financial perspective as well as looking to ensure sustainability
- Fiscal expansion in the wake of COVID-19, including higher spending on infrastructure, may provide a favourable backdrop for the asset class
Investing aligned with Sustainable Development Goals (SDGs)
As infrastructure plays such a vital role in society, we believe many of the critical infrastructure assets in which we invest (via listed securities) can support a number of the UN’s Sustainable Development Goals (SDGs).
“Infrastructure, in particular, underpins all of the SDGs. It plays a critical role in society because it can influence development far into the future –both positively and negatively. This is why it is vital to understand the influence that infrastructure systems have on the SDGs.”
17 Sustainable Development Goals (SDGs)
Portfolio threshold: at least 70% of AUM aligned to SDGs
Source : " Infrastructure : Underpinning sustainable development ", Bureau des Nations Unies pour les services d'appui aux projets (UNOPS), 2018.
Bien que nous soutenions les ODD des Nations Unies, nous ne sommes pas associés à cette organisation et nos fonds ne sont pas approuvés par elle.
Source : M&G Revenue mapping (au 26 août 2022)
Discover more about the M&G (Lux) Global Listed Infrastructure fund
With the fund celebrating its 5th year anniversary in October, Fund Manager Alex Araujo looks back on an eventful five years and discusses the outlook for the fund in today’s markets.
Examples of companies we invest in
American Tower
Owns, operates and develops wireless communications and broadcast towers across the globe.
Supports increasing wireless penetration and mobile data usage driven by the digital economy.
Operates approx. 43,000 wireless towers in the US, 76,000 in India, and 65,000 across the rest of the world.
Ørsted
Global leader in offshore wind, the world's fastest-growing form of renewable power generation.
Built more offshore wind farms than any other company worldwide.
Operates 26 offshore wind farms across Europe (Denmark, UK, Germany), North America (US) and Asia (Taiwan).
Transurban
Owns and operates urban toll road networks in Australia and the US.
Supported by strong traffic growth in the cities in which it operates, significant growth projects in its core markets, as well as inflation-linked pricing in some areas and fully dynamic tolling in others.
The information provided should not be considered a recommendation to purchase or sell any particular security.
M&G (Lux) Global Listed Infrastructure Fund
The 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.
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.
The fund aims to provide a combination of capital growth and income to deliver a higher return than the global equities market over any five-year period; and an income distribution that increases every year in US dollar terms. The fund seeks to achieve its financial objectives while applying ESG Criteria and Sustainability Criteria. At least 80% of the fund is invested in the shares of infrastructure companies and investment trusts of any size and from anywhere in the world, including emerging markets. The fund usually holds shares in fewer than 50 companies. The fund invests in securities that meet the ESG Criteria and Sustainability Criteria. Norms-, sector- and/or values-based exclusions apply to investments. The Fund promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 51% of sustainable investments.
The benchmark of the fund is the MSCI ACWI Net Return Index. The benchmark is a comparator used solely to measure the fund’s performance and does not constrain portfolio construction. The benchmark has been chosen as it best reflects the scope of the fund’s investment policy. The fund is actively managed. The investment manager has complete freedom in choosing which investments to buy, hold and sell in the fund. The fund’s holdings may deviate significantly from the benchmark’s constituents. The benchmark is not an ESG benchmark and is not consistent with the ESG Criteria and Sustainability Criteria.
You can find Fund’s sustainability-related disclosures here.
See our glossary for more information on the financial terms used.”
| This is a marketing communication. Please refer to the prospectus and to the KID before making any final investment decision. |
The value and income from 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. There is no guarantee that the fund will achieve its objective and you may get back less than you originally invested.
The fund holds a small number of investments, and therefore a fall in the value of a single investment may have a greater impact than if it held a larger number of investments.
The fund can be exposed to different currencies. Movements in currency exchange rates may adversely affect the value of your investment.
Investing in emerging markets involves a greater risk of loss due to greater political, tax, economic, foreign exchange, liquidity and regulatory risks, among other factors. There may be difficulties in buying, selling, safekeeping or valuing investments in such countries.
ESG information from third-party data providers may be incomplete, inaccurate or unavailable. There is a risk that the investment manager may incorrectly assess a security or issuer, resulting in the incorrect inclusion or exclusion of a security in the portfolio of the fund.
Further details of the risks that apply to the fund can be found in the fund's Prospectus.
The views expressed in this document should not be taken as a recommendation, advice or forecast.
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.
Investing in this fund means acquiring units or shares in a fund, and not in a given underlying asset such as a building or shares of a company, as these are only the underlying assets owned by the fund.