Description

The primary objective of this fund is capital appreciation, while generating current income is a secondary aim. Typically, at least 80% of its net assets (including any borrowed capital used for investments) are committed to equity securities issued by companies involved in infrastructure, spanning both U.S. and international markets. Moreover, the advisor mandates that no less than 40% of the fund's net assets (inclusive of any investment-related borrowings) be invested in non-U.S. companies. To ensure diversification, these investments will be spread across at least three different countries, with the United States being a potential option for one of them.