The ClearBridge RARE Infrastructure Value Fund - Unhedged (all classes) is available to retail and wholesale investors in Australia and New Zealand. The fund follows a currency-unhedged version of our Infrastructure Value Strategy comprising of diversified infrastructure securities in developed and emerging markets.
As at 30 September 2021 (returns in AUD after fees)
|Performance||1 Month||3 Months||1 Year||3 Years||5 Years||Inception4|
|ClearBridge RARE Infrastructure Value Fund - Unhedged Class A Units123||-2.8%||4.2%||17.3%||8.8%||8.5%||10.0%|
|OECD G7 Inflation Index + 5.5% pa||1.1%||3.1%||9.4%||7.5%||7.5%||7.2%|
|S&P Global Infrastructure Index - Net Return AUD Unhedged||-0.2%||5.3%||21.2%||5.8%||6.2%||9.2%|
|MSCI AC World Index - Net Return AUD||-3.0%||2.8%||26.4%||12.6%||14.5%||13.5%|
|Top 10 Positions||Region||Sector||Weight %||Forward Dividend %|
|Enbridge Inc||USA & Canada||Gas||5.1%||6.8%|
|Exelon Corp||USA & Canada||Electric||4.7%||3.3%|
|Union Pacific||USA & Canada||Rail||4.3%||2.3%|
|Public Services Enterprise Group||USA & Canada||Electric||3.8%||3.3%|
|Cheniere||USA & Canada||Energy Infrastructure||3.5%||1.4%|
|Pembina Pipeline||USA & Canada||Energy Infrastructure||3.5%||6.5%|
|American Tower||USA & Canada||Communications||3.4%||2.3%|
|East Japan Railway||Asia Pacific Developed||Rail||3.3%||2.1%|
|Fund details||September 2021|
|Number of Securities||36|
|Lastest Distribution (CPU)||1.50|
|Portfolio Weighted Average||September 2021|
|Avg Market Capitalisation||60.6bn (AUD)|
|Div Yield (Forward) Gross||3.3%|
|5 Yr DPS Growth (p.a.)||7.0%|
|Avg Stock Gearing (Net Debt/EV)||36.1%|
|Interest Cover (Historic)||3.6x|
Fees & transaction costs for the ClearBridge RARE Infrastructure Value Fund - Unhedged Class A Units
Base Management Fee 0.974% p.a. incl. 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 Value Fund - Unhedged is managed by an experienced investment committee comprising of the following members.
Franklin Templeton Australia Limited (AFSL No. 240827) (“Franklin Templeton”), as Responsible Entity, is the issuer of the ClearBridge RARE Infrastructure Value Fund - Unhedged (ARSN150677017). 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.
Franklin Templeton Australia Limited (AFSL No. 240827) (“Franklin Templeton”) 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 (the “Funds”). 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 email@example.com. Franklin Templeton can be contacted by writing to Franklin Templeton, Level 47, 120 Collins Street, Melbourne, VIC 3000, by telephone on 1800 679 541 or by fax on (03) 9017 8690. Franklin Templeton 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.
*Lonsec Rating Disclaimer
The Lonsec Rating (assigned 21 July 2021) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445. The Rating is limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial product(s). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold ClearBridge managed product(s), and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria.
For further information regarding Lonsec’s Ratings methodology, please refer to our website at: http://www.lonsecresearch.com.au/research-solutions/our-ratings
**Zenith Rating Disclaimer
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned March 2021) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at http://www.zenithpartners.com.au/RegulatoryGuidelines
The Zenith Fund Awards were issued October 2020 by Zenith Investment Partners (ABN 27 130 132 672, AFSL 226872) and are determined using proprietary methodologies. The Fund Awards are solely statements of opinion and do not represent recommendations to purchase, hold or sell any securities or make any other investment decisions. To the extent that the Fund Awards constitutes advice, it is General Advice for Wholesale clients only without taking into consideration the objectives, financial situation or needs of any specific person. Investors should seek their own independent financial advice before making any investment decision and should consider the appropriateness of any advice. Investors should obtain a copy of and consider any relevant PDS or offer document before making any investment decisions. Past performance is not an indication of future performance. Fund Awards are current for 12 months from the date awarded and are subject to change at any time. Fund Awards for previous years are referenced for historical purposes only.