Marketing communication. For Investment Professionals only

M&G (Lux) Global Listed Infrastructure Fund

The quest for rising income from essential assets
Alex Araujo, Fund Manager

“Global listed infrastructure provides a compelling proposition for long-term investors looking to diversify. The asset class benefits from characteristics of higher dividend yield and lower volatility compared to global equities and our investment universe offers a wide array of attractive opportunities to invest in dividend growers.”

Reasons to consider investing in listed infrastructure

  • Reliable and growing cashflows generated by critical physical infrastructure – long-term assets which are essential for the functioning of global society.
  • Listed infrastructure has typically offered characteristics of higher dividend yield and lower volatility compared to global equities, as well as exposure to inflation-linked revenue streams.
  • Listed infrastructure provides exposure to long-term structural growth trends including renewable energy, clean transport and digital connectivity.

M&G's differentiated approach

  • 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.
  • Investing beyond the traditional realm of economic infrastructure (utilities, energy and transport) and diversifying into social infrastructure (health, education and civic); growth opportunities in evolving infrastructure (communication, transactional and royalty).
  • A sustainable approach where the assessment of environmental, social and governance (ESG) considerations is integrated in the investment process.

Source: M&G, 2021. *Expected annual dividend increase, for illustrative purposes only

Why now?

  • In an environment of uncertainty, we believe listed infrastructure could provide reliable and sustainable long-term growth.
  • Companies are paying increasing attention to ESG in their efforts to become better businesses, both from a financial perspective as well as ensuring sustainability.
  • Fiscal expansion in the wake of COVID-19, including higher spending on infrastructure, may provide a favourable backdrop for the asset class.

Infrastructure assets – an essential part of your day

  • Assets on which we rely in our everyday lives – from the moment we wake up in the morning to the moment we fall asleep at night.
  • Both traditional infrastructure assets and assets that support the increasingly digital world that we live in.
  • Opportunities across geographies, including emerging markets.

Fund facts

31 January 2022 €1.450,63 million
Fund launch date 5 October 2017
Benchmark* MSCI ACWI Net Return Index
Sector Morningstar Sector Equity Infrastructure
EUR A share class
ISIN (Acc) LU1665237704
ISIN (Dist) LU1665237613
Initial charge Max. 4,00%
AMC 1,75%
Ongoing charge** Acc 1,97%
Ongoing charge** Dist 1,97%
SFDR classification
Article 8

 

Source of fund facts: M&G as at 31.01.22.

*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.

**The ongoing charges figure is based on expenses as at 30.09.21.

This is a marketing communication. Please refer to the prospectus and to the KIID 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 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.

The fund’s sustainability-related disclosures can be found here

For an explanation of the terms used in this document, please refer to the glossary on our website here

 

Distribution of this document in or from Switzerland is not permissible with the exception of the distribution to Qualified Investors according to the Swiss Collective Investment Schemes Act ("Qualified Investors"). Supplied for the use by the initial recipient (provided it is a Qualified Investor) only.

The collective investment schemes referred to in this document (the "Schemes") are open-ended investment companies with variable capital, incorporated in Luxembourg. The Instrument of Incorporation, Prospectus, Key Investor Information Document, as well as the annual or interim Investment Report and Financial Statements can be obtained free of charge in English from M&G International Investments Switzerland AG, Talstrasse 66, 8001 Zurich or from Société Générale, Paris, Zurich Branch, Talacker 50, P.O. Box 5070, 8021 Zurich, which acts as the Swiss representative of the Schemes (the "Swiss Representative") and acts as their Swiss paying agent.

Before subscribing investors should read the Prospectus and Key Investor Information Document, which includes a description of the investment risks relating to these funds.

M&G Luxembourg S.A. may terminate arrangements for marketing under the new Cross-Border Distribution Directive denotification process.

Complaints handling information is available in English from https://www.mandg.com/investments/professional-investor/en-ch/contact-us

This financial promotion is issued by M&G Luxembourg S.A. Registered Office: 16, boulevard Royal, L-2449, Luxembourg.