First State Global Listed Infrastructure (B24HJL4)
This fund invests in a diversified portfolio of global listed infrastructure and infrastructurerelated stocks.
Infrastructure assets can be attractive to investors as they involve the provision of essential services, enjoy significant barriers to entry with a generally dominant market position. They often have lives of 30-plus years, have low ongoing operational costs to compensate for the high upfront costs and deliver long-term stable cash flows which are often linked to inflation.
First State’s holdings include East Japan Railway and leading North American energy infrastructure business TransCanada. The team behind the fund have a big focus on capital preservation. Alternative: Janus Henderson UK Property PAIF
(BP46GF5). This fund looks to deliver over the long-term by investing in a portfolio of UK commercial property built around quality properties with reliable tenants.