Industry description
The investment seeks attractive risk-adjusted returns over the medium- to long-term, while reducing the risk of permanent capital loss.
Under normal market conditions, the fund invests a minimum of 80% of its net assets in the equity securities of infrastructure companies. It will invest in common stock, stapled securities (an equity security comprised of multiple parts) and Real Estate Investment Trusts (REITs) of infrastructure companies as part of its principal investment strategy. The fund will invest in both U.S. and non-U.S. companies and may invest in companies of any size, with a minimum market capitalization of $500 million. It is non-diversified.