The average infrastructure fund has lost 15% over the three months to 31 March as the lockdown restrictions impact toll roads, airports and oil pipelines but this remains a higher rate of return than Australian equities.
Using FE Analytics, there were 53 funds in the infrastructure equity sector within the Australian Core Strategies universe and the average fund had lost 15% over the period, compared to losses of 22% by Australian equities.
Over 12 months to 31 March, the sector had lost 6.8% versus losses of 14.2% by the Australian equity sector.
Performance of infrastructure and Australia equity sectors over one year to 31 March, 2020
However, it lagged its global equity counterparts with the global equity sector losing 10.7% over the three months to 31 March and 0.9% over the 12 months to 31 March.