Bringing you live news and features since 2006 

Infrastructure

Northern Trust launches global infrastructure fund

RELATED TOPICS​

Northern Trust has launched the Northern Multi-Manager Global Listed Infrastructure Fund for investors looking at strategies to provide dividend yields while aiming to provide downside protection.



“Infrastructure – including airports, ports, toll roads and similar assets – has unique and attractive characteristics as an investment,” says Chris Vella, chief investment officer for Northern Trust multi-manager investments. “We see this as a space that has the potential to provide relatively stable cash flows, attractive yields, inflation protection and downside protection. We also like that the companies this fund will invest in often have limited competition due to the high barriers of entry into the markets they serve.”

Northern’s Multi-Manager Global Listed Infrastructure Fund seeks total return through both income and capital appreciation. Under its investment strategy, at least 80 per cent of assets will be invested in securities of infrastructure companies listed on a domestic or foreign exchange. Infrastructure firms include energy, transportation, communication and utility companies. This is a global fund, and normally the fund will invest at least 40 per cent in infrastructure companies tied to foreign countries, including emerging markets and frontier markets.

The fund’s total net operating expense ratio is one per cent, and has a redemption fee of two per cent on assets sold or exchanged within 30 days of purchase. The minimum investment is USD2,500. The fund takes a multi-manager approach, with assets allocated to multiple outside sub-advisers using distinctive investment styles. The Northern Trust Company of Connecticut (NTCC) will conduct manager research, selection, optimisation and oversight. Investment sub-advisers are Brookfield Investment Management and Macquarie Capital Investment Management.

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs’ share of the US ETF market rose to 8.5 per cent at the...
Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by