Description

The fund aims to provide income and long-term capital appreciation by actively managing a portfolio of companies from around the world that own or operate infrastructure assets. These companies primarily operate in transportation, energy, utilities, telecommunications, or social infrastructure sectors. The fund may also include those that own or operate new generation infrastructure assets, such as payment systems and stock exchange infrastructure. Using a bottom-up strategy, the portfolio adviser screens companies based on their revenues, earnings, cash-flows, assets, or a combination. Emphasis is placed on the stability of fundamentals, quality of management, and financial strength of the companies. Those perceived to have strong potential for, and can sustain, above-average growth are considered in the portfolio. Any or all foreign currency exposure may be hedged back to CAD at the discretion of the adviser.