First Sentier Global Listed Infrastructure Class B Inc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

31/12/19
to
31/12/20
31/12/20
to
31/12/21
31/12/21
to
31/12/22
31/12/22
to
31/12/23
31/12/23
to
31/12/24
Fund -6.6% 14.3% 8.5% -3.5% 8.0%
Sector -3.1% 12.5% 2.9% -2.8% 2.9%
Rank 20/26 13/27 2/29 22/33 13/35
Quartile 4 2 1 3 2

Annualised performance

Annualised
3 Years to
31/12/24
5 Years to
31/12/24
10 Years to
31/12/24
Fund 4.2% 3.8% 7.9%
Sector 0.9% 2.3% 5.9%
Rank 7/29 11/26 2/10
Quartile 1 2 1

Top 10 Holdings

Stock % Weight
AMERICAN ELECTRIC POWER COMPANY 5.00
NATIONAL GRID 5.00
UNION PACIFIC CORPORATION 4.70
CHENIERE ENERGY 4.30
EVERSOURCE ENERGY 4.00
TRANSURBAN GROUP 3.90
American Tower Corporation American Tower Corp Ord USD0.01 3.90
DUKE ENERGY CORPORATION 3.80
XCEL ENERGY 3.60
NEXTERA ENERGY 3.40
Total 41.60

Fund Aims

The Fund’s objective is to deliver capital growth and inflation-protected income by investing in a globally diversified portfolio of listed infrastructure and infrastructure-related securities.

Fund Manager

Andrew Greenup manager for 17 years and 3 months

Photo of Andrew Greenup Andrew joined Colonial First State Global Asset Management in July 2005 as a senior analyst in the Core Australian Equities team. Over this time Andrew has analysed five industry sectors. He has also performed the role of backup Portfolio Manager. Prior to this, Andrew worked at Allianz Global Investors as a senior analyst investing in Australian equities. Before funds management, Andrew worked at Credit Suisse First Boston as an equities analyst and Australian & New Zealand Banking Group as a credit analyst. Andrew holds a Bachelor Business (First Class Honours) from the Queensland University of Technology (QUT) and was awarded the QUT University medal. He has completed the Graduate Diploma in Applied Finance and Investment from the Financial Services Institute of Australasia and is currently enrolled in the Australian Institute of Company Directors’ (AICD) Company Directors Course.

Peter Meany manager for 17 years and 3 months

Photo of Peter Meany Peter joined Colonial First State Global Asset Management in January 2007 as Head of Global Listed Infrastructure Securities. Peter brings over 10 years’ experience in the infrastructure and utilities sectors. At Credit Suisse Equities (Australia), Peter was responsible for research coverage in these sectors. He received top rankings in a number of industry surveys and was involved in a number of company defining corporate transactions. Prior to CS, Peter was an analyst at Macquarie Equities when the infrastructure sector was in its infancy. Peter holds a Bachelor Economics (Finance) from Macquarie University.

Fund Overview

Mid (07/01/2025) 234.96p
Historic yield 3.03%
Fund size (30/11/2024) £1347.84m
Number of holdings 42
Entry Charge 0.00%
Ongoing Charges 0.80%
Launch date 08/10/2007

Asset Allocation

pie chart
  International Equities 87.90%
  UK Equities 6.40%
  Cash and Equivalents 1.80%
  Other Assets 3.90%

Commentary

The Fund invests in shares of companies that are involved in infrastructure around the world. The infrastructure sector includes utilities (e.g. water and electricity), highways and railways, airports services, marine ports and services, and oil and gas storage and transportation. The Fund does not invest directly in infrastructure assets.

Portfolio data accurate as at: 30/11/24

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.