Skip to main content

Global Infrastructure

A globally diversified investment in mostly infrastructure lines of business, e.g. utilities, storage and telecommunications, providing relatively stable cash flow and inflation hedging.

6.20%

5 year p.a index return as at 31 May 2024

4.27%

Indicative dividend yield as at 31 May 2024

0.25%

Management fee p.a.

Overview

How is this fund different to others?

Infrastructure is the backbone of modern societies, benefiting from guaranteed government contracts and limited competition. It follows that companies involved in this space have stable cash flows and are hedged against inflation. Through this fund you can invest in global companies which derive at least 70% of their cash flows from infrastructure lines of business, which adds an element of reliability to a portfolio. Closely tied to economic growth, exposure to infrastructure can benefit investors long-term. This fund tracks the Dow Jones Brookfield Global Infrastructure Index and covers all sectors of the infrastructure market.

Holdings

As at 31 May 2024

CompanyCountryIndustryWeight

Enbridge Inc

CA

Oil & Gas Storage & Transportation

6.80%

American Tower Corp A

US

Telecom Tower REITs

6.66%

Vinci Ord

FR

Construction?& Engineering

5.51%

The Williams Companies Inc

US

Oil & Gas Storage & Transportation

3.69%

National Grid PLC Ord

GB

Multi-Utilities

3.69%

Sempra Energy

US

Multi-Utilities

3.54%

Logos provided by Clearbit

Performance

  • Range of returns

    -22.01%

    VS

    33.75%

    The lowest and highest 12 month returns, in 5 years as at 31 May 2024*

  • Growth of $10k

    $13,509.90

    For the 5 years as at 31 May 2024, an investment of $10,000 would be up 35.10%*

  • Investment Objective

    Diversification & Income Generation

    The fund is designed to provide global diversification and income generation.

*These are the gross index returns, not including fees or taxes.

Returns

As at 31 May 2024

  • 3.99%

    3 months

  • 6.07%

    1 year

  • 6.20%

    5 years

  • 8.62%

    10 years

Index returns are total returns gross of imputation credits where applicable, not including fees or taxes. All yearly returns are annualised.


Risk

The risk indicator reflects how much the value of the Fund’s assets goes up and down (volatility). A higher risk generally means higher potential returns over time, but more ups and downs along the way. The lowest risk rating doesn’t mean “risk-free” and this risk indicator is not a guarantee of a Fund’s future performance.

Potentially Lower Returns

Potentially Higher Returns

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7

Lower Risk

Higher Risk

Documents & Resources

Latest Fund Factsheet

Updated: 31.05.2024

Kernel Funds Latest Fund Update

Updated: 31.03.2024

Kernel KiwiSaver Plan Fund Update

Updated: 31.03.2024

Kernel Research Paper - Global Listed Infrastructure

-

Funds you may be interested in...

Time to give your money a new home?

Open a Kernel account in minutes.

Keep up to date with Kernel

For market updates and the latest news from Kernel, subscribe to our newsletter. Guaranteed goodness, straight to your inbox.


© Copyright 2024 Kernel Wealth Limited

|

Indices provided by: S&P Dow Jones Indices