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First State Global Listed Infrastructure I (Dist)

Ranked 3 out of 12 in - Infrastructure over 12 months
All calculations are in EUR unless stated

Managed by

Andrew Greenup

Andrew Greenup is the deputy head of global listed infrastructure for First State Investments (‘FSI’). In his role, Andrew is responsible for managing infrastructure securities on behalf of institutional and wholesale clients. Prior to the establishment of the global listed infrastructure business, Andrew worked as a senior analyst in the Australian Equities - Core team at FSI and was a back-up portfolio manager for several funds. Before joining FSI in July 2005 Andrew worked at Allianz Global Investors as a senior analyst in Australian equities and at Credit Suisse First Boston as an equities analyst for eight years. Andrew holds a Bachelor Business (First Class Honours) from the Queensland University of Technology (QUT) and has completed a Graduate Diploma in Applied Finance & Investment from the Financial Services Institute of Australasia and a Postgraduate Diploma in International Relations from Macquarie University.

Peter Meany

Peter Meany graduated from Macquarie University in Australia where he gained a bachelor's degree in economics. He started his career as an analyst at Macquarie Equities and later joined Credit Suisse Equities (Australia) where he was responsible for research coverage for infrastructure and utilities sectors. Peter joined First State Global Asset Management in 2007 where he is currently the head of global infrastructure securities.

Objective

The Fund aims to achieve income and growth on your investment. The Fund mainly invests in shares of companies that are involved in infrastructure around the world. The infrastructure sector includes utilities (e.g. water and electricity), highways and railways, airports services, marine ports and services, oil and gas storage and transportation. The Fund does not invest directly in infrastructure assets.

Showing fund performance in Netherlands View performance globally

Performance

Infrastructure over : 31/10/2016 - 31/10/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 6.1% -1.2% -0.5%
2016 15.0% 4.2% 6.7% 0.6% 2.8%
2015 5.0% 13.6% -6.2% -6.2% 5.1%
2014 27.9% 6.9% 5.8% 4.9% 7.9%
2013 12.3% 8.8% -1.2% 2.7% 1.8%
2012 8.7% 3.7% 2.4% 5.0% -2.4%
2011 4.6% -0.3% 1.0% -1.6% 5.6%
2010 15.3% 5.5% 1.0% 2.0% 6.0%
2009 20.6% -10.7% 14.8% 11.2% 5.8%
2008 -7.2% -14.7%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/07/2017

Top 10 Holdings

Stock Size
National Grid PLC ORD 7.94
Enbridge Inc ORD 5.86
American Tower Corp ORD 5.22
Atlantia SpA ORD 5.00
Transurban Group 4.72
Kinder Morgan Inc ORD 4.69
East Japan Railway Co ORD 4.47
Dominion Energy Inc ORD 4.33
NextEra Energy Inc ORD 4.30
American Electric Power Company Inc ORD 4.24
31/07/2017

Registered For Sale In

  1. France
  2. Germany
  3. Hong Kong
  4. Ireland
  5. Italy
  6. Luxembourg
  7. Macau
  8. Netherlands
  9. Norway
  10. Singapore
  11. Spain
  12. Sweden
  13. Switzerland
  14. Taiwan
  15. United Kingdom

Fund Info

  • Launch date27/06/2008
  • Share Class size109Mn
  • Base currencyUSD
  • ISIN IE00B29SXL02

Purchase Info

  • Min. initial investment1,500
  • Min. regular additional investment0

Charges

  • Annual management1.50%

Related News

China’s clean air crisis: Meany seeks to tap switch away from coal

First State’s infrastructure expert is eying ways to access the EM giant’s move towards more pollution-conscious energy generation.

First State's Meany ditches US focus for European laggards

Citywire A-rated infrastructure specialist has switched his focus and started to move away from utilities.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).