RUSSELL INVESTMENTS

Global Listed Infrastructure Fund

Total Net Assets

$123.3M

as of 31/3/2024

Fund Inception Date

16/03/2022

Performance
AS OF 31/03/2024
Latest Month Last 3 months Year to Date 1 Yr 3 Yrs 5 Yrs 10 Yrs Since Inception

Source data: S&P. Please see disclaimer for further details and full benchmark history. Net of fee performance assume highest possible Total Annual Fund Charge (see PDS). Past performance is no guarantee of future results.

Historical distributions

EX-DATE INCOME DIVIDEND  RE-INVEST NAV
29/09/23 0.012 0.9295
31/03/23 0.012 1.0115
30/09/22 
0.012 0.9317
31/03/22  0.000 1.0596
Portfolio

Top 10 holdings

As of 31/03/2024

Company Weight Index
Aena Sme Sa 5.08% 4.99%
Transurban Group 4.64% 5.01%
Nextera Energy Inc 4.32% 5.09%
Cheniere Energy Inc 3.60% 2.10%
Getlink Se 2.63% 2.61%
Grupo Aeroportuario Del Pacifico Sab De Cv 2.53% 3.02%
Grupo Aeroportuario Del Sureste Sab De Cv 2.49% 2.75%
Enbridge Inc 2.48% 4.19%
Southern Co/The 2.34% 3.18%
Atlas Arteria Ltd 2.25% 1.86%

 

Regional weights

As at 31/03/2024

DESCRIPTION FUND INDEX
United States 44.47% 40.59%
Europe ex UK 22.84% 21.46%
Australia/New Zealand 10.74% 12.04%
Emerging Markets 9.54% 12.54%
Canada 7.44% 8.16%
UK 2.78% 2.04%
Japan 2.03% 1.72%
Asia ex Japan 0.19% 1.45%
Other -0.03% 0.00%

Sector weights

As at 31/03/2024

DESCRIPTION FUND INDEX
Utilities 38.69% 40.04%
Industrials 38.66% 40.12%
Energy
16.96% 19.84%
Real Estate 3.66% 0.00%
Communication Services 0.91% 0.00%
Financials 0.37% 0.00%
Information Technology 0.21% 0.00%
Consumer Discretionary 0.21% 0.00%
Materials 0.17% 0.00%
Health Care 0.10% 0.00%
Consumer Staples 0.09% 0.00%
Other -0.03% 0.00%

Strategic manager allocations

As at  31/03/2024

Description Allocation Manager Style
Cohen & Steers Capital Management, Inc.  14.50% Public Market Equity
First Sentier Investors (Australia) IM Ltd 36.90 Public Market Equity
Nuveen Asset Management, LLC  35.90% Public Market Equity
Russell Investments 12.70 Positioning Strategies
Key Facts

Portfolio Manager

Patrick Nikodem

Fund Inception Date

16/03/2022

Benchmark

S&P Global Infrastructure Index - NZDH (Net TR)

Dealing Frequency

Daily

Buy spread

0.17%

As of 15 June 2023

SELL SPREAD

0.12%

As of 15 June 2023

EX-DATE

Dividend distribution

FEES – MANAGER EXCL. GST

0.85%

FEES – IN-FUND COSTS*

0.20%

FEES – ESTIMATED TOTAL ANNUAL FUND CHARGES**

1.05%

Statistics

3-YEAR BETA

-

5-YEAR BETA

-

3-YEAR VOLATILITY

-

5-YEAR VOLATILITY

-

3-YEAR TRACKING ERROR

-

5-YEAR TRACKING ERROR

-

Literature

 

Implemented Investment Solutions Limited is the issuer of the funds on this page and Russell Investment Group Limited (RIGL) is the investment manager. Other useful information about these funds is available on the relevant fund’s offer register entry at www.companiesoffice.govt.nz/disclose.

The information on this page has been prepared for the purpose of providing general information, without taking into account your objectives, financial situation or needs and should not be relied upon in making an investment decision. Before making an investment decision, you need to consider whether this information is appropriate to your objectives, financial situation or needs. Please consult your financial adviser. This information has been compiled from sources considered to be reliable, but is not guaranteed. Net Returns above assume highest management fee. Any potential investor should consider the relevant Product Disclosure Statement in deciding whether to acquire, or continue to hold units in a fund.

RIGL is part of Russell Investments. Russell Investments' ownership is composed of a majority stake held by funds managed by TA Associates, with a significant minority stake held by funds managed by Reverence Capital Partners. Russell Investments' employees and Hamilton Lane Advisors, LLC also hold minority, non-controlling, ownership stakes.

The S&P Global Infrastructure Index NZDH NTR (‘index”) is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Russell Investments. Copyright © 2023 S&P Dow Jones Indices LLC, a division of S&P Global, Inc., and/or its affiliates. All rights reserved. Redistribution or reproduction in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC. For more information on any of S&P Dow Jones Indices LLC's indices please visit www.spdji.com. S&P® is a registered trademark of S&P Global and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC. Neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their third party licensors make any representation or warranty, express or implied, as to the ability of any index to accurately represent the asset class or market sector that it purports to represent and neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their third party licensors shall have any liability for any errors, omissions, or interruptions of any index or the data included therein.

Performance figures assume reinvestment of income. The benchmark return shown does not include any fees and is not intended to be an indicator of the return to an investor. Performance data is provided for informational purposes only and is not intended to imply a recommendation about a product or form the basis for making an investment decision.