How the Fund works
The fund focuses on companies that own and operate infrastructure assets, derive most of their cash flow from those assets and have liquid market listings on major global stock exchanges.Investments are diversified across geographic regions and infrastructure sectors, with a focus on energy, transportation, communication and water.
How does the Fund meet your needs?
Regional & sector diversification
The fund invests in both developed and emerging markets across a range of sectors. This means you are able to participate in the potential growth of emerging markets and the stability of existing infrastructure in developed markets.
Growth & return potential
Investment in infrastructure securities provides you with the opportunity to benefit from the expected long term global growth in infrastructure, and the return potential associated with infrastructure assets.
Regional specialists understand the dynamics of their market
Our teams’ on-the-ground presence provides insights into local trends and changing market conditions. Information sharing across regional teams is also key to how we manage our investments.
Currency risks managed through hedging
Movements in the foreign exchange rate have an impact on offshore investments. To help manage this risk, the Fund is fully hedged to the New Zealand dollar.
Fund facts as at 31 December 2018
|Product code||AIF GI|
|Type of fund||Managed fund. This fund is a Portfolio Investment Entity (PIE).|
|Investment objective||To provide total returns (income and capital growth) after costs and before tax, above the Dow Jones Brookfield Global Infrastructure Index, fully hedged to New Zealand dollars, on a rolling three year basis.|
|Investment approach||The Fund seeks to invest mainly in listed infrastructure securities with stable underlying infrastructure, strong management teams and appropriate capital structures, and available at attractive prices. The Fund utilises a bottom-up value-based investment approach, choosing a mix of infrastructure securities – from more conservative assets with high and stable income levels to more opportunistic investments that have the potential to produce higher returns.|
|Fund net value||$283.6 million|
|Product inception date||06 August 2012|
|Minimum suggested timeframe||Long term (minimum five years)|
|Benchmark||Dow Jones Brookfield Global Infrastructure Index|
|Platform access||Direct with AMP Capital, Aegis, FNZ.|
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Important note: The unit prices displayed in this section are indicative only
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. For more information on how AMP Capital can help you, please speak to your Financial Adviser or call us on 0800 400 499.
Important notes: Past Performance
Past performance is not a reliable indicator of future performance.
Our fund performance figures are shown before tax, before fees and assume that income is reinvested. Neither AMP Capital Investors (New Zealand) Limited 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. Past performance is not a reliable indicator of future performance. Every effort has been made to ensure the accuracy of this information, however, AMP Capital (New Zealand) Limited nor any other company in the AMP Group gives any warranty of reliability, or accuracy, nor accepts any responsibility arising in any way from errors or omissions.
Product Disclosure Statements (PDSs) for the offer of the AMP Capital Investment Funds have been lodged with the Registrar of Financial Service Providers. The Property, Infrastructure and Commodities Funds PDS can be obtained from our website and from the Disclose website www.business.govt.nz/disclose. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations. You can seek advice from a financial advisor to help you make an investment decision. The Manager and the Issuer of the Fund is AMP Investment Management (NZ) Limited, Meridian Building, Level 1, Queens Wharf, Wellington.