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. Let's create.
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, clean transport and digital connectivity.
Watch the following short videos to hear fund manager, Alex Araujo, discuss some of the key themes for the listed infrastructure sector.
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 information shown in these videos is correct and relevant as of 01.04.22.
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…
Why us?
Differentiated Approach
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 Objective
A high conviction fund, investing in 40 to 50 companies with the potential to increase dividends over the long term, often backed by inflation-protected income.
Less volatility
Listed infrastructure offers the potential characteristics of higher dividend yield and lower volatility than global equities.
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.
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 is 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 fund’s financial objective. The fund is actively managed. The fund 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 Impact Criteria.
Explanations of the investment terms used on this page can be found in the glossary.
You can find Fund’s sustainability-related disclosures here.
This is a marketing communication. Please refer to the prospectus and to the Key information document (KID) before making any final investment decisions.
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 page 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.