The Emerging Markets Strategy aims to achieve long-term stable growth, comprised of regular income and capital growth by investing in a range of listed infrastructure securities across a number of infrastructure sub-sectors spread across the emerging markets.
Growth of AUD $10,000
As at 30 June 2021 (returns in AUD)
|Performance||1 Month||3 Months||1 Year||3 Years||5 Years||Inception4|
|ClearBridge Emerging Markets Strategy123||3.7%||5.6%||12.1%||2.3%||2.6%||8.4%|
|S&P Emerging Markets Infrastructure Index - Net Return AUD Unhedged||4.6%||3.4%||8.1%||-1.6%||-1.1%||2.0%|
|MSCI Emerging Markets Index - Net Return AUD||3.3%||6.6%||29.2%||10.7%||12.8%||5.7%|
|Top 10 Positions||Region||Sector||Weight %||Forward Dividend %|
|Container Corporation||Asia Pacific Developing||Rail||5.3%||1.5%|
|ICTS||Asia Pacific Developing||Ports||5.1%||0.0%|
|ENN Energy||Asia Pacific Developing||Gas||4.9%||1.5%|
|Power Grid||Asia Pacific Developing||Electric||4.7%||1.8%|
|Indraprastha Gas||Asia Pacific Developing||Energy Infrastructure||4.2%||0.6%|
|China Gas Holdings||Asia Pacific Developing||Gas||4.0%||2.8%|
|Jasa Marga||Asia Pacific Developing||Toll Roads||4.0%||2.2%|
|CCR SA||Latin America||Toll Roads||3.8%||4.8%|
|Malaysia Airports||Asia Pacific Developing||Airports||3.7%||3.1%|
|Portfolio Weighted Average||June 2021|
|Avg Market Capitalisation||10.2bn (AUD)|
|Div Yield (Forward) Gross||3.1%|
|5 Yr DPS Growth (p.a.)||9.7%|
|Avg Stock Gearing (Net Debt/EV)||19.9%|
|Interest Cover (Historic)||6.9x|
Government policy remained supportive, with continued implementation of previously announced stimulus.More...
Listen to Portfolio Manager Shane Hurst discuss the valuations from Q1 2021 within the infrastructure asset class and why valuations remain attractive on a medium, to long-term excess return basis.More...
Our 2021 Impact Report: Partnering for Change in a Time of Adversity, offers a thorough look at the sustainability issues ClearBridge has been addressing over the past year with portfolio companies, shareholders and industry organizations through ESG integration, engagement and proxy voting.More...
The RARE Emerging Markets Strategy is managed by an experienced investment committee comprising of the following members:
Past performance is not indicative of future performance.
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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 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 email@example.com. 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.
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