Without infrastructure, the day-to-day world we take for granted would not exist. Coupled with that, it is likely that economies would no longer function properly. Essentially, these assets make our lives liveable

Infrastructure-related companies are known as being ‘defensive’. In other words, it is likely that they continue to generate profits in good times and bad because many infrastructure companies have long-term contracts with governments. A steady cash flow means that infrastructure companies could potentially pay regular dividends to shareholders, which, in turn, generates an income for our investors.

Besides, the global population is growing. It is expected that there will be billions of people demanding multiple services.

With so many infrastructure options to choose from, we have decided to concentrate on specific themes that could potentially offer the most attractive long-term investment opportunities.

* For BNY Mellon Global Funds, plc, none of the sub-funds which are recognised schemes in Singapore constitute ESG Funds (as defined in the MAS’s Circular No. CFC 02/2022), except for BNY Mellon Sustainable Global Emerging Markets Fund, BNY Mellon Sustainable Global Dynamic Bond Fund and Responsible Horizons EM Debt Impact Fund. Other funds which are not registered for offering to retail investors may or may not constitute ESG funds (where defined in the relevant local jurisdiction).

The Fund focuses on sustainable cash flow with a concentrated portfolio of between 20 and 40 stocks.

Combining yield and growth

Benefiting from a broader opportunity set of infrastructure related assets

The Fund’s managers can choose from a wide range of companies, large or small, including those in non-traditional infrastructure sectors alongside more traditional businesses.

* S&P Global Infrastructure Index

Strengths of our fund manager

Our managers have multi-year of experience, deep understanding of the market, and a thorough research process, meaning they can invest with confidence in companies of any size and across a wide range of locations.

The Fund isn’t ‘traded’. Rather, our managers prefer ‘buy and hold’ with the future in mind. As a result, it is well positioned to capture future growth created by innovation, technological disruption, and emerging trends.
 

Investment objective: To maximise total returns from income and capital growth by gaining exposure to companies located worldwide that are engaged in infrastructure and related operations.

• The Fund primarily invests in equity securities issued by companies engaged in infrastructure and related operations globally.
• The Fund investment portfolio may fall in value and there is no guarantee of the repayment of principal.
• The Fund is concentrated in a limited number of infrastructure companies that may be more susceptible to adverse economic, political or regulatory occurrences affecting their industries. These may add additional costs, affect the competition and business environment of these companies.
• The Fund invests globally, including emerging markets. Due to less developed market infrastructures, emerging markets may subject to risks of (i) social, political and economic instability; (ii) lack of liquidity; (iii) higher price volatility; (iv) national policies restrictions; (v) less developed legal structures; (vi) currency risks/control, settlement risks and custody risks.
• The Fund may pay dividend effectively out of capital which amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any such distributions may result in an immediate reduction of Net Asset Value per share.
• The Fund may invest in derivatives that are volatile, involve special risks such as risk of disproportionate loss due to leverage, counterparty/credit risk, liquidity risk and valuation risks.
• Investors should not rely solely on this document to make investment decision. Please read the offering documents carefully for further details, including risk factors.

AP2027-24-02-2023 (12M)