Next generation infrastructure
Next-generation technology will drive our future and help us towards achieving new standards in sustainability and environmental protection. But technology can't function without infrastructure. So we must build next-generation infrastructure too - the cables, the data, the communications and the energy that will allow us to harness the potential of technology for human progress and sustainability. Next-generation infrastructure is at the heart of M&G's fund strategy.
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 value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested.
Why listed infrastructure?
The potential for reliable and growing cashflows generated by critical physical infrastructure – long-term assets which are essential for the functioning of global society.
Listed infrastructure provides exposure to long-term structural growth trends including renewable energy, sustainable transport and digital connectivity.
Why now?
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 potentially reliable and growing cashflows generated by the asset class have an equally important part to play in investors’ portfolios.
Every day 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.
Where we invest
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.
Infrastructure class: Evolving
Infrastructure sector: Communication
Equinix
Global business underpinning society's increasing use of and reliance on data.
Owns and operates 229 data centres which support almost 10,000 companies globally, including the likes of Amazon, Microsoft and Salesforce.
Infrastructure class: Evolving
Infrastructure sector: Communication
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).
Infrastructure class: Economic
Infrastructure sector: Utilities
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.
Infrastructure class: Economic
Infrastructure sector: Transport
Examples of companies held in the portfolio as of 28 February 2022.
Why us?
Differentiated, Diversified
Investing beyond the traditional realm of economic infrastructure and diversifying into social and evolving infrastructure, with the assessment of environmental, social and governance (ESG) considerations integrated in the investment process
Rising Income
A high conviction strategy investing in 40-50 companies that have the potential to increase dividends sustainably over the long term, often backed by inflation protected revenues
Lower Volatility
Listed infrastructure offers potential characteristics of higher dividend yield and lower volatility versus global equities
More information
This is a marketing communication. Please refer to the prospectus and to the KIID before making any final investment decisions.
The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested.
Please note, investing in this fund means acquiring units or shares in a fund, and not in a given underlying asset such as building or shares of a company, as these are only the underlying assets owned by the fund.
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.
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.
Further details of the risks that apply to the fund can be found in the fund's Prospectus.
The information on this website is for Professional Investors only. Specifically, the information on these pages should not be used or relied upon by the public of Hong Kong or any other type of investor from any other jurisdiction.