First Sentier Global Listed Infrastructure Fund Class B Hedged (Accumulation) GBP

A Select 50 Fund - Fidelity insight

Category Other Equity

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

179.14p

arrow-up0.25p (+0.14%)

Fund Code

FTBHA

B8PLJ17

GB00B8PLJ176

Prices updated as at 15 Nov 2024

Prices in GBX

Investment objective

The Fund aims to achieve an investment return from income and capital growth over the medium to long-term (at least three years). The Fund invests in a diversified portfolio of equity securities issued by companies in the infrastructure sector that are listed, traded or dealt in on Regulated Markets worldwide. The infrastructure sector includes, but is not limited to, utilities (e.g. water and electricity), highways and railways, airports, marine ports and oil and gas storage and transportation.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Our view

Why we like the fund: This fund invests globally in companies that own infrastructure assets, such as electric, gas and water utilities, toll roads, railways and airports. These investments tend to have a reliable source of customers who are dependent on them for their daily lives. This creates a fairly steady income stream and one that is usually linked to inflation (therefore providing an inflation hedge). The manager is highly experienced and is supported by a strong team of infrastructure experts. How to use the fund: This fund could be a useful addition to a portfolio with an income requirement (with some inflation protection). Because it invests in equities, there can be periods of capital loss. However, because the business models are reliable, these are likely to be temporary for any long-term investor.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.