Global Sustainable Infrastructure Strategy
Investor Outcomes
The Global Sustainable Infrastructure Strategy aims to achieve long-term stable growth, comprised of regular and consistent income and capital growth. This is achieved by investing in a range of listed infrastructure securities that specifically targets measurable sustainability outcomes and focuses on sustainability themes aligned with the UN Sustainable Development Goals. The Strategy offers core infrastructure exposure in the highly liquid listed infrastructure market, while portfolio guidelines ensure diversification across regions, sectors and sustainability themes that include but also look beyond renewable energy.
Key Portfolio Information
Growth of AUD $10,000
As at 31 October 2023 (gross returns in AUD)
| Performance | 1 Month | 3 Months | 1 Year | 3 Years | 5 Years | Inception4 |
|---|---|---|---|---|---|---|
| ClearBridge Global Sustainable Infrastructure123 | 1.6% | -7.4% | -1.6% | - | - | 5.1% |
| OECD G7 Inflation Index + 5.5% pa | 0.6% | 2.0% | 9.4% | - | - | 11.7% |
| Excess Returns | 1.0% | -9.4% | -11.0% | - | - | -6.6% |
As at 31 October 2023
- Regulated & Contracted Utilities
- User Pays Infrastructure
- Cash
- Other
As at 31 October 2023
| Top 10 Positions | Region | Sector | Weight % | Forward Dividend % |
|---|---|---|---|---|
| Public Services Enterprise Group | USA & Canada | Electric | 4.5% | 3.7% |
| EDP-Energias de Portugal | Western Europe | Renewables | 4.4% | 5.3% |
| CSX | USA & Canada | Rail | 4.1% | 1.6% |
| Terna | Western Europe | Electric | 4.0% | 4.7% |
| Severn Trent | Western Europe | Water | 4.0% | 4.3% |
| GetLink | Western Europe | Rail | 3.9% | 2.6% |
| NextEra | USA & Canada | Electric | 3.9% | 3.4% |
| Hydro One | USA & Canada | Electric | 3.7% | 2.9% |
| National Grid | Western Europe | Electric | 3.4% | 6.1% |
| Ferrovial | Western Europe | Toll Roads | 3.3% | 2.7% |
| Portfolio Weighted Average | October 2023 |
|---|---|
| Avg Market Capitalisation | 44.4bn (AUD) |
| Div Yield (Forward) Gross | 4.3% |
| 5 Yr DPS Growth (p.a.) | 6.4% |
| Avg Stock Gearing (Net Debt/EV) | 40.6% |
| Interest Cover (Historic) | 4.0x |
| EV/EBITDA (Forward) | 11.1x |
Investment Committee
The Global Sustainable Infrastructure Strategy is managed by an experienced investment committee comprising of the following members:
Nick Langley
Shane Hurst
Charles Hamieh
Institutional Investors
For institutional investors looking for opportunities to invest in this strategy; please contact us directly.
Disclaimer
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Sources: Internal calculations for the ClearBridge Global Sustainable Infrastructure Strategy. All index data sourced from Factset. Results over one year annualised.
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Strategy Performance is Gross of fees.
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All values on a AUD basis and net of withholding taxes for benchmarks if applicable. Non AUD values converted into AUD using Factset Forex data.
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Performance inception date for the ClearBridge Global Sustainable Infrastructure Strategy is 31/05/2021.
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.
ClearBridge is wholly, indirectly owned by Franklin Resources, Inc., and part of ClearBridge Investments, LLC.