Potential for regular income distributions and capital growth
Stable cashflows offer the potential for long-term returns
Defensive growth
Aims to provide strong upside capture, significant downside protection
Macquarie approach
Experienced infrastructure investor with a global platform
Macquarie International Infrastructure Securities Fund (Hedged)
Fund facts | |
Investment objective | The Fund aims to outperform the S&P Global Infrastructure Index (Net Total Return $A Hedged) (Benchmark) over the medium to long term (before fees). It aims to provide a return comprising both income and capital growth. |
Benchmark | S&P Global Infrastructure Index (Net Total Return $A Hedged) |
Portfolio managers |
Brad Frishberg |
Inception date | 29 September 2005 |
Fund size | A$265.0m (current as at 31 December 2024) |
Management fee | 1.00%pa of the net asset value of the Fund |
Minimum investment | $A20,000 |
Distribution frequency | Generally quarterly |
APIR code | MAQ0432AU |
Target Market Determination | The Target Market Determination (TMD), available at macquarie.com/mam/TMD, includes a description of the class of consumers for whom the Fund is likely to be consistent with their objectives, financial situation and needs. View TMD |
The Fund is designed for consumers who:
- are seeking capital growth and regular income
- are intending to use the Fund as a minor allocation or satellite allocation within a portfolio
- have a minimum investment timeframe of five years
- have a high or very high risk/return profile for that portion of their investment portfolio, and
- require the ability to have access to capital within one week of request.
Past performance is not a reliable indicator of future performance. Total returns are calculated based on changes in net asset values and assumes the reinvestment of distributions.
The performance information shown above may differ to the information in the performance report due to rounding.
* Inception date is 29 September 2005
**Total net returns are quoted after the deduction of all fees and expenses. Due to individual investor circumstances, your net returns may differ from the net returns quoted above.
**Until 28 February 2011, the benchmark was the Macquarie Global Infrastructure Total Return Index ($A Hedged). From 1 March 2011, the benchmark is the S&P Global Infrastructure Index (Net Total Return $A Hedged).
Macquarie International Infrastructure Securities Fund (Unhedged)
Fund facts | |
Investment objective | The Fund aims to outperform the S&P Global Infrastructure Index (Net Total Return in $A) (Benchmark) over the medium to long term (before fees). It aims to provide a return comprising both income and capital growth. |
Benchmark | S&P Global Infrastructure Index (Net Total Return in $A) |
Portfolio managers |
Brad Frishberg |
Inception date | 29 January 2014 |
Fund size | A$375.2m (current as at 31 December 2024) |
Management fee | 1.00%pa of the net asset value of the Fund |
Minimum investment | $A20,000 |
Distribution frequency | Generally quarterly |
APIR code | MAQ0825AU |
Target Market Determination | The Target Market Determination (TMD), available at macquarie.com/mam/TMD, includes a description of the class of consumers for whom the Fund is likely to be consistent with their objectives, financial situation and needs. View TMD |
Read the Product Disclosure Statement for more details on fees and costs that may be charged.
The Fund is designed for consumers who:
- are seeking capital growth
- are intending to use the Fund as a minor allocation or satellite allocation within a portfolio
- have a minimum investment timeframe of five years
- have a high or very high risk/return profile for that portion of their investment portfolio, and
- require the ability to have access to capital within one week of request.
Performance
Past performance is not a reliable indicator of future performance.
The performance information shown above may differ to the information in the performance report due to rounding.
* Inception date is 29 January 2014
** Total returns are calculated based on changes in net asset values and assumes the reinvestment of distributions. Total net returns are quoted after the deduction of all fees and expenses. Due to individual investor circumstances, your net returns may differ from the net returns quoted above.
*** Benchmark is the S&P Global Infrastructure Index (Net Total Return in $A).
Risks
All investments carry risk. Different investments carry different levels of risk, depending on the investment strategy and the underlying investments. Generally, the higher the potential return of an investment, the greater the risk (including the potential for loss and unit price variability over the short or long term). The risks of investing in this Fund include:
Investment risk: The Fund has exposure to share markets. The risk of an investment in the Fund is higher than an investment in a typical bank account or fixed income investment. Amounts distributed to unit holders may fluctuate, as may the Fund’s unit price, by material amounts over short periods.
Infrastructure sector risk: The Fund aims to provide exposure to the global infrastructure sector through its exposure to infrastructure related securities. The performance of these investments will be correlated to the global infrastructure sector in general, and may be affected by factors such as the availability and cost of finance, the level of usage of infrastructure, the level of supply of infrastructure projects, prevailing interest rates, government regulations as well as general market sentiment towards the sector as a whole.
Market risk: The investments that the Fund has exposure to are likely to have a broad correlation with share markets in general. Share markets can be volatile and have the potential to fall by large amounts over short periods of time. Poor performance or losses in domestic and/or global share markets are likely to negatively impact the overall performance of the Fund.
More information on the risks of investing in the Fund is contained in the Product Disclosure Statement, which should be considered before deciding to invest in the Fund.
Before you can proceed, please answer some questions to help determine if you are likely to be within the target market for any of the Funds based on your responses. The Funds available will be based on the attributes you select.
Macquarie Asset Management
Client Service
mam.clientservice@macquarie.com
PO Box R1723
Royal Exchange,
NSW 1225, Australia
For enquiries call
Toll free: 1800 814 523
International: +61 2 8245 4900
Monday – Friday 8:30am to 5:30pm (Sydney time)
Performance report (Macquarie International Infrastructure Securities Fund (Hedged))
Performance report (Macquarie International Infrastructure Securities Fund (Unhedged))
Target Market Determination (Macquarie International Infrastructure Securities Fund (Hedged))
Target Market Determination (Macquarie International Infrastructure Securities Fund (Unhedged))