The ClearBridge RARE Infrastructure Income Fund - Unhedged (all classes) is available to retail and wholesale investors in Australia. The fund follows our Infrastructure Income Strategy primarily aiming to provide investors with consistent income from infrastructure securities in both developed and emerging markets around the world.
As at 31 August 2021 (returns in AUD after fees)
|Performance||1 Month||3 Months||1 Year||3 Years||5 Years||Inception4|
|ClearBridge RARE Infrastructure Income Fund - Unhedged Class A Units123||2.6%||9.2%||-||-||-||10.8%|
|OECD G7 Inflation Index +5.5%||1.0%||3.1%||-||-||-||4.9%|
|S&P Global Infrastructure Index - Net Return AUD Unhedged||2.3%||6.8%||-||-||-||9.3%|
|MSCI AC World - Net Return||3.1%||10.8%||-||-||-||15.5%|
|Top 10 Positions||Region||Sector||Weight %||Forward Dividend %|
|Exelon Corp||USA & Canada||Electric||5.1%||3.2%|
|Clearway Energy||USA & Canada||Renewables||4.7%||4.2%|
|Atlas Arteria||Asia Pacific Developed||Toll Roads||4.6%||5.5%|
|Enbridge Inc||USA & Canada||Gas||4.3%||6.9%|
|Crown Castle||USA & Canada||Communications||4.2%||3.0%|
|Sydney Airport||Asia Pacific Developed||Airports||4.1%||3.0%|
|Public Services Enterprise Group||USA & Canada||Electric||3.8%||3.2%|
|Southern Company||USA & Canada||Electric||3.7%||4.1%|
|Pembina Pipeline||USA & Canada||Energy Infrastructure||3.6%||6.8%|
|Fund details||August 2021|
|Number of Securities||36|
|Lastest Distribution (CPU)||1.12|
|Portfolio Weighted Average||August 2021|
|Avg Market Capitalisation||38.1bn (AUD)|
|Div Yield (Forward) Gross||4.6%|
|5 Yr DPS Growth (p.a.)||5.9%|
|Avg Stock Gearing (Net Debt/EV)||38.1%|
|Interest Cover (Historic)||3.6x|
Fees & transaction costs for the ClearBridge RARE Infrastructure Income Fund - Unhedged Class A Units
Base management fee 0.974% p.a. of the NAV of the Fund (being 0.95% plus the net effect of GST). Buy / Sell Spread 0.12% / 0.05%. Minimum Investment (AUD) 20,000.
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The ClearBridge RARE Infrastructure Income Fund - Unhedged is managed by an experienced investment committee comprising of the following members.
Legg Mason Asset Management Australia Limited (AFSL No.307 727), as Responsible Entity, is the issuer of the ClearBridge RARE Infrastructure Income Fund - Unhedged (ARSN647332321). The information contained on this website is directed to wholesale investors and financial advisers only.
To view the Background Information for this fund, click here.
Past performance is not indicative of future performance.
While the information contained on this website has been prepared with all reasonable care, ClearBridge Investments Limited and its related companies (ClearBridge) accept no responsibility or liability for any errors, omissions or misstatements however caused. Any views expressed on this website are given as of the date of publication and such views are subject to change at any time.
This information is not personal advice. It has been prepared without taking account of individual objectives, financial situation or needs. Where an investment product is mentioned, potential investors should seek independent advice as to the suitability of the product to their investment needs. Reference to shares in a particular company, is not a recommendation to buy, sell or hold that stock. Investors should be aware that past performance is not indicative of future performance.
This website may contain forecasts, including in regard to targets, expected returns, PE ratios and dividend yields. Any such statements are based upon research undertaken by the ClearBridge investment team. This research incorporates ClearBridge’s reasonable assumptions and beliefs concerning future developments and their potential effect but are subject to risks and uncertainties that may be beyond ClearBridge’s control. Returns can be volatile, reflecting rises and falls in the value of underlying investments. Accordingly, ClearBridge does not provide any assurance or guarantee that future developments will be aligned with ClearBridge’s expectations, and actual results may differ materially from those expected by ClearBridge at the time of writing.
Legg Mason Asset Management Australia Limited (AFSL No. 240 827) (Legg Mason Australia) is a part of Franklin Resources, Inc. and the Responsible Entity for the ClearBridge RARE Infrastructure Value Fund - Hedged, ClearBridge RARE Infrastructure Value Fund - Unhedged, ClearBridge RARE Infrastructure Income Fund - Hedged, ClearBridge RARE Infrastructure Income Fund - Unhedged, and ClearBridge RARE Emerging Markets Fund. Applications to invest can only be made on the application form accompanying the most recent Fund Product Disclosure Statement (PDS) which is available on this website. Potential investors should consider the PDS and the Additional Information Booklet (AIB) before deciding whether to invest or continue to invest in the Funds. The PDS and AIB can also be obtained by contacting ClearBridge by telephone on (02) 9397 7300, by writing to Level 13, 35 Clarence Street, Sydney, NSW 2000, by fax on (02) 9397 7399 or by email at firstname.lastname@example.org. Legg Mason Australia can be contacted by writing to Legg Mason Australia, Level 47, 120 Collins Street, Melbourne, VIC 3000, by telephone on 1800 679 541 or by fax on (03) 9017 8690. Legg Mason Australia does not guarantee any rate of return or the return of capital invested. Investments are subject to risks, including, but not limited to, possible delays in payments and loss of income or capital invested.
ClearBridge is wholly, indirectly owned by Franklin Resources, Inc., and part of ClearBridge Investments, LLC.