Description

The fund is a fund-of-funds providing exposure to global infrastructure equities. With a broad definition of infrastructure firms, the fund offers a reasonable take on the segment as it holds diversified positions across three sectors: energy, transportation, and utilities. The selection process considers a number of factor rankings, including balance sheet ratios, earnings, price momentum factors, profitability ratios, qualitative factors, stability and valuation ratios. Companies are selected based on the expected likelihood of outperforming the infrastructure sector generally. As such, a risk/return optimization process is used to determine position weighting. The index is rebalanced quarterly.