Maple-Brown Abbott Global Listed Infrastructure Fund

The Fund is actively managed and is invested in global listed infrastructure securities across regulated, contracted and concession assets that provide essential services, with a focus on sustainability and ESG factors. Generally, the securities in the portfolio have a market capitalisation greater than US$500 million.

We consider potential investments from a strictly selected infrastructure focus list of around 110 companies across more than 20 countries based on a tight definition of infrastructure. Stocks on the focus list are those the team believes provide the strongest combination of inflation protection and low volatility. 

The team conducts fundamental research, including meeting with the companies and regulators and building financial models on companies. The team looks for companies that have good governance, as well as performs well on environmental matters. This bottom-up research is combined with a top-down approach to managing macroeconomic risks.

We take a high conviction approach to ensure the strongest stock views from the focus list are included in the portfolio. As a result, the portfolio is expected to have 25–35 global investments, diversified by country and sector.

Fund facts
Inception date18/12/2012Distribution frequencyQuarterly
BenchmarkOECD Total Inflation Index + 5.5% p.aMinimum initial application$ 20,000
APIR codeMPL0006AU Management fees and costs %*^0.98
Pricing frequency & cut-offDaily/2pm Sydney time on a Business DayBuy/Sell spread %^0.15/0.15

*Management fees and costs for the Fund are made up of the management fee, indirect costs (if any) and estimated recoverable expenses.
^Additional fees and costs may also apply in relation to an investment in the Fund. For a full description of the fees and costs refer to the Product Disclosure Statement and Additional Information Booklet for the Fund.

Portfolio Managers

A dedicated, experienced and focused team of infrastructure investors.

Andrew Maple-Brown | Co-Founder and Managing Director, Global Listed Infrastructure | Maple-Brown Abbott
Andrew Maple-Brown
Co-Founder and Managing Director, Global Listed Infrastructure
Justin Lannen | Co-Founder and Portfolio Manager, Global Listed Infrastructure | Maple-Brown Abbott
Justin Lannen
Co-Founder and Portfolio Manager, Global Listed Infrastructure
Steven Kempler | Co-Founder & Portfolio Manager, Global Listed Infrastructure | Maple-Brown Abbott
Steven Kempler
Co-Founder and Portfolio Manager, Global Listed Infrastructure
Andrew Duong | Portfolio Manager, Global Listed Infrastructure | Maple-Brown Abbott
Andrew Duong
Portfolio Manager, Global Listed Infrastructure

Fund performance^

as at 31/05/2024

1 mth %3 mths %1 yr % p.a.3 yrs % p.a.4 yrs % p.a.5 yrs % p.a.Since inception % p.a.*
Fund2.52.23.09.67.56.511.4
Benchmark1.12.911.613.411.811.18.9
From
To

^Past performance is not a reliable indicator of future performance. No warranty can be given for future performance. Returns are volatile and may fluctuate quickly and significantly. Total return is based on the movement in net asset value per unit plus distributions and is before tax and after all fees and charges. Imputation and foreign income tax offsets are not included in the performance figures. Source: Maple-Brown Abbott
*Inception date is 18 December 2012.

Unit price

as at 13/06/2024

Download unit price history
Application priceNet asset valueRedemption price
$ 1.9890$ 1.9860$ 1.9830
DateCents per unitReinvestment priceDiv 12-H summaryTaxable component summary
28/03/20241.0000 ¢$ 2.0049

Forms and fund information

Fund ratings 

Rating/recommendation
Lonsec recommended, Morningstar Bronze, SQM Outstanding, Zenith highly recommended ratings

Lonsec
The Lonsec rating issued 09/2023 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. ©2023 Lonsec. All rights reserved.

Morningstar Medalist Rating(TM)
Assigned as of 25/04/23
Analyst Driven %100
Data Coverage %100

Fund Maple-Brown Abbott Global Listed Infrastructure received a Morningstar Medalist Rating(TM) of 'Bronze' on 25/04/23

© 2023 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. This report or data has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or New Zealand wholesale clients of Morningstar Research Ltd, subsidiaries of Morningstar, Inc. Any general advice has been provided without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide at www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Morningstar’s publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Morningstar’s full research reports are the source of any Morningstar Ratings and are available from Morningstar or your adviser. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a financial adviser.

SQM
The rating contained in this document is issued by SQM Research Pty Ltd ABN 93 122 592 036 AFSL 421913. SQM Research is an investment research firm that undertakes research on investment products exclusively for its wholesale clients, utilising a proprietary review and star rating system. The SQM Research star rating system is of a general nature and does not take into account the particular circumstances or needs of any specific person. The rating may be subject to change at any time. Only licensed financial advisers may use the SQM Research star rating system in determining whether an investment is appropriate to a person’s particular circumstances or needs. You should read the product disclosure statement and consult a licensed financial adviser before making an investment decision in relation to this investment product. SQM Research receives a fee from the Fund Manager for the research and rating of the managed investment scheme.

Zenith
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned MPL0006AU March 2023) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.

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