AMP Capital Global Infrastructure Securities Fund (Unhedged)

Delivering capital growth and income with less volatility

With an estimated US$57 trillion to be invested in global infrastructure by 20301 AMP Capital expects a broad and growing range of infrastructure investment opportunities over the long term. The AMP Capital Global Infrastructure Securities Fund (Unhedged) focuses on providing investors with the benefits of this expected global growth. The Fund focuses on providing a combination of capital growth and income. 

1 McKinsey Global Institute, January 2013 

"Global listed infrastructure is a young asset class with huge growth potential and strong return drivers."

Giuseppe Corona, Head of Global Listed Infrastructure
  • Global diversification by region and sector
    Global diversification by region and sector

    By investing in both developed and emerging markets across a range of sectors, investors can participate in the economic potential of emerging markets while benefiting from the stability of existing infrastructure in developed markets.


  • Focus on delivering consistent cash flow
    Focus on delivering consistent cash flow

    At least 90% of each Fund is invested in ‘core and pure’ infrastructure companies at all times. In our opinion, these companies show strong monopolistic characteristics offering more stable cash flows over time.

  • Low correlation to other asset classes
    Low correlation to other asset classes

    Assets which have strong monopolistic characteristics, have little sensitivity to GDP or which have long-term contracts or stable regulation attached to them mean they are generally less volatile than other asset classes. 

How does this fund fit into your portfolio?

The Fund is designed for investors seeking an investment which provides the potential for sustainable income and capital growth over the long term. It can be used to complement existing solutions in a blended portfolio or be used individually. When used with existing solutions, the Fund may fit within the growth component of an investor’s overall portfolio.

What are the risks?

All investments involve risk and you should consider investment risks before making an investment decision. The key risks of investing in the Funds include or are associated with:

  • Share market investments – adverse share market movements could result in capital losses, particularly over the shorter term
  • Infrastructure investments – factors affecting direct infrastructure assets (such as a company’s ability to service debt in a rising interest rate environment) may negatively affect the value of the relevant Funds’ investments
  • International investments – the relative strength or weakness of the Australian dollar against other currencies will affect the Unhedged Fund’s performance.
  • Derivatives – losses may be magnified where derivatives are used, and
  • Investment management – factors such as changes to the investment team may affect the Fund’s performance.

The ‘Risks of investing’ section of the Incorporated Information incorporated into the Product Disclosure Statement for the relevant Fund provides further information about the risks noted above, as well as information about other investment risks of which you should be aware.

APIR code AMP1594AU
Investment objective To provide total returns (income and capital growth) after costs and before tax, above the Fund's performance benchmark over the long term.
Minimum suggested timeframe 5 years
Distribution frequency Quarterly
Product inception date 02 Jul 2010
Minimum investment 10,000
Risk level (1-7) 6. High
Benchmark Dow Jones Brookfield Global Infrastructure Net Accumulation Index Hedged AUD
Product status Open

The Fund's risk level is based on the estimated number of negative annual returns for the Fund over any 20 year period and is not a complete assessment of the risks of investing in the Fund. For instance it does not detail what the size of a negative return could be or the potential for a positive return to be less than an investor may require to meet their objectives. Consequently, before choosing to invest or reinvest in the Fund, you should read the Fund's PDS and incorporated information and consider factors such as the likely investment return, the risks of investing and your investment time frame. Information about the methodology used for calculating the risk level is available here.

Fund Information

APIR code
AMP1592AU
Minimum investment
$10,000

Unit Prices

As at 12 Dec 2018
Buy
2.00457
Sell
1.99457

Performance

As at 30 Nov 2018
1 Month -3.43%
3 Month -5.31%
1 Year -2.31%
3 Year 3.43%
5 Year 9.25%
Since inception 11.46%
Past performance is not a reliable indicator of future performance.

Important note: The unit prices displayed in this section are indicative only

If unit prices are not available for today then the latest available prices will be displayed. Unit prices are not calculated on weekends or public holidays.

Our unit price discretion policy states where we may exercise certain discretions in determining the unit price of units on application or withdrawal in each investment option. View and download our Unit Pricing Discretions Policy for the types of discretions that we may exercise, in what circumstances, our policies on how we exercise the discretions and the reasons why we consider our policies are reasonable.

 

AMP Capital funds
NMFM Unit Trust funds

 

Unit prices are provided for your information only and are not guaranteed. They are based on historical data and you should not rely on the above information as the basis for making any investment, financial or other decision as past unit prices are not a reliable indicator of future unit prices.

 

During the time it takes to process an application or redemption application, the unit price may vary and the actual unit prices applying to applications and redemptions may differ from those displayed in this section. Actual unit prices can be confirmed on receipt of a completed application or redemption form.

 

None of AMP Capital Funds Management Limited (ABN 15 159 557 72, AFSL 426455), AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497), National Mutual Funds Management Limited (ABN 32 006 787 720, AFSL 234652), or any company within the AMP Group makes any representation or warranty as to the reliability, completeness or accuracy of the unit price information or accepts any responsibility arising in any way (including by reason of negligence) for errors in or omissions from the unit price information.

The information in this section is not an offer or recommendation of securities or other financial products offered by the AMP Group and is not an invitation to take up securities or other financial products. Investors should consider the relevant PDS available from us for the relevant fund before making any decision regarding the product.

Important notes: Past Performance

Past performance is not a reliable indicator of future performance.

Performance is annualised for periods greater than one year. Total returns are calculated using the unit price which uses the net asset values for the relevant month end. This price may differ from the actual unit price for an investor applying for or redeeming an investment. Actual unit prices will be confirmed following any transaction by an investor. Returns quoted are before tax, after fees and costs, and assume all distributions are reinvested.

Investment objective To provide total returns (income and capital growth) after costs and before tax, above the Fund's performance benchmark over the long term.
Investment approach The Fund seeks to invest mainly in listed infrastructure securities where we consider that the underlying infrastructure assets are stable, have strong management teams and appropriate capital structures, and are available at attractive prices. The Fund utilises a bottom-up value-based investment approach, choosing a mix of infrastructure securities - from the more conservative assets with high and stable income levels to the more opportunistic investments that have the potential to produce higher returns.
Minimum suggested timeframe 5 years
Distribution frequency Quarterly
Minimum investment 10,000
Risk level (1-7) 6. High
Benchmark Dow Jones Brookfield Global Infrastructure Net Accumulation Index AUD

Fund Information

Fund code
ACA03
Minimum investment
$10,000

Unit Prices

As at 12 Dec 2018
Buy
1.03513
Sell
1.02997

Performance

As at 30 Nov 2018
1 Month -3.40%
3 Month -5.24%
1 Year -2.01%
3 Year 3.83%
5 Year 9.68%
Since inception 11.61%
Past performance is not a reliable indicator of future performance.

Important note: The unit prices displayed in this section are indicative only

If unit prices are not available for today then the latest available prices will be displayed. Unit prices are not calculated on weekends or public holidays.

Our unit price discretion policy states where we may exercise certain discretions in determining the unit price of units on application or withdrawal in each investment option. View and download our Unit Pricing Discretions Policy for the types of discretions that we may exercise, in what circumstances, our policies on how we exercise the discretions and the reasons why we consider our policies are reasonable.

 

AMP Capital funds
NMFM Unit Trust funds

 

Unit prices are provided for your information only and are not guaranteed. They are based on historical data and you should not rely on the above information as the basis for making any investment, financial or other decision as past unit prices are not a reliable indicator of future unit prices.

 

During the time it takes to process an application or redemption application, the unit price may vary and the actual unit prices applying to applications and redemptions may differ from those displayed in this section. Actual unit prices can be confirmed on receipt of a completed application or redemption form.

 

None of AMP Capital Funds Management Limited (ABN 15 159 557 72, AFSL 426455), AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497), National Mutual Funds Management Limited (ABN 32 006 787 720, AFSL 234652), or any company within the AMP Group makes any representation or warranty as to the reliability, completeness or accuracy of the unit price information or accepts any responsibility arising in any way (including by reason of negligence) for errors in or omissions from the unit price information.

The information in this section is not an offer or recommendation of securities or other financial products offered by the AMP Group and is not an invitation to take up securities or other financial products. Investors should consider the relevant PDS available from us for the relevant fund before making any decision regarding the product.

Important notes: Past Performance

Past performance is not a reliable indicator of future performance.

Performance is annualised for periods greater than one year. Total returns are calculated using the unit price which uses the net asset values for the relevant month end. This price may differ from the actual unit price for an investor applying for or redeeming an investment. Actual unit prices will be confirmed following any transaction by an investor. Returns quoted are before tax, after fees and costs, and assume all distributions are reinvested.

AMP Capital Global Infrastructure Securities Fund (Unhedged) (Managed Fund) ASX:GLIN

  • Betashares

Fund Information

Last Trade
% change (prev day)
Bid * (delayed)
Offer * (delayed)

Current Price

As at
$

Performance

As at 31 Oct 2018
1 Month 0.08%
3 Month -0.31%
1 Year 4.55%
3 Year -
5 Year -
Since inception 6.26%
Past performance is not a reliable indicator of future performance.

* Data is delayed by at least 20 minutes.
** Estimated as of close of previous trading day.
^^ iNAV is an indicative net asset value per unit, updated during the ASX trading day for foreign exchange movements in the Fund's portfolio of stocks and for stocks that have live market prices during the day. 

 Management Costs^ (%p.a.) 0.94% 
Distribution Frequency  Quarterly 

^ The Fund PDS outlines management costs components, as well as other fees and costs that may apply to your investment. You can review the PDS at www.ampcapital.com

Fund announcements

Distributions

 Ex Date Record Date Payment Date  Distribution Unit ($) 
1 Oct 2018
2 Oct 2018 16 Oct 2018
$0.01957
2 Jul 2018 3 Jul 2018 17 Jul 2018 $0.02811
2 Jan 2018 3 Jan 2018 17 Jan 2018 $0.00975
2 Oct 2017 3 Oct 2017 17 Oct 2017 $0.0116
3 Jul 2017 4 Jul 2017 18 Jul 2017 $0.02845
3 Jan 2017 4 Jan 2017 18 Jan 2017 $0.01017
4 Oct 2016 5 Oct 2017 19 Oct 2017 $0.00517
1 Jul 2016 4 Jul 2016 18 Oct 2016 $0.00387
 
Exchange ASX 
ASX Code  GLIN 
Currency  AUD
Trading 10:00 - 16:00 (AEST)
Bloomberg Code GLIN AU
INAV IRESS Code GLININAV.ETF

iNAV calculations as shown on www.ampcapital.com.au (the “data”) provided by ICE Data Indices, see ICE Terms of Use, and is updated during ASX trading hours. Powered by Factset. iNAV is indicative and for reference purposes only. The Fund is not sponsored, endorsed, sold or marketed by ICE Data Indices, LLC, its affiliates (“ICE Data”) and ICE Data or its respective third party suppliers MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE WITH RESPECT TO THE iNAV, IOPV, FUND OR ANY FUND DATA INCLUDED THEREIN.  IN NO EVENT SHALL ICE DATA HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, DIRECT, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES. You acknowledge that the data is provided for information only and should not be relied upon for any purpose. 

This website has been prepared by AMP Capital Investors Ltd (ABN 59 001 777 591, AFSL 232497) (“AMP Capital”).

BetaShares Capital Ltd (ACN 139 566 868, AFSL 341181 ("BetaShares") is the responsible entity and the issuer of units in the AMP CAPITAL DYNAMIC MARKETS FUND (HEDGE FUND), AMP CAPITAL GLOBAL INFRASTRUCTURE SECURITIES FUND (UNHEDGED) (MANAGED FUND), AMP CAPITAL GLOBAL PROPERTY SECURITIES FUND (UNHEDGED) (MANAGED FUND), (each a “Fund”).

AMP Capital is the investment manager of the Funds and has been appointed by the responsible entity to provide investment management and associated services in respect of the Funds. Investors should consider the Product Disclosure Statement (PDS) for the relevant Fund before making any decision regarding the Fund. The PDS contains important information about investing in each Fund and it is important investors read the PDS before making a decision about whether to acquire, continue to hold or dispose of units in the Funds. Neither BetaShares, AMP Capital, nor any other company in the AMP Group guarantees the repayment of capital or the performance of any product or any particular rate of return referred to in this information.

Past performance is not a reliable indicator of future performance.

While every care has been taken in the preparation of this information, BetaShares and AMP Capital make no representation or warranty as to the accuracy or completeness of any statement in it including without limitation, any forecasts. This content has been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. Investors should, before making any investment decisions, consider the appropriateness of this information, and seek professional advice, having regard to their objectives, financial situation and needs.

 

Important information:

AMP Capital Funds Management Limited (ABN 15 159 557 721, AFSL 426455) (AMPCFM) is the responsible entity of the AMP Capital Global Infrastructure Securities Fund (Hedged) and the issuer of the units in the Fund. To invest in the Fund, investors will need to obtain the current Product Disclosure Statement (PDS) from AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232 497) (AMP Capital). The PDS contains important information about investing in the Fund and it is important that investors read the PDS before making a decision about whether to acquire, or continue to hold or dispose of units in the Fund. Neither AMP Capital, AMPCFM nor any other company in the AMP Group guarantees the repayment of capital or the performance of any product or any particular rate of return referred to in this information. Past performance is not a reliable indicator of future performance. While every care has been taken in the preparation of this information, AMP Capital makes no representation or warranty as to the accuracy or completeness of any statement in it including without limitation, any forecasts. This content has been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. Investors should, before making any investment decisions, consider the appropriateness of this information, and seek professional advice, having regard to their objectives, financial situation and needs.

The Lonsec Rating (assigned March 2017) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421445. The Rating is a “class service” (as defined in the Financial Advisers Act 2008 (NZ)) or is limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial product(s). In New Zealand it must only be provided to “wholesale clients” (as defined in the Financial Advisers Act 2008 (NZ)). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold AMP Capital product(s), and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria. For further information regarding Lonsec’s Ratings methodology, please refer to www.lonsecresearch.com.au/research-solutions/our-ratings

 

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