AMP infrastructure fund builds rapid following
AMP Capital Investors’ Retail Infrastructure Fund has announced its AMP Capital Core Infrastructure Fund has achieved fund inflows of $100 million since it was launched last October.
Head of retail distribution Ben Harrop attributed the result to the fund offering retail investors access “to the types of infrastructure assets that institutional investors have benefited from for years”.
“Also, it is a well diversified hybrid fund, investing in listed and unlisted infrastructure assets, offering investors a defensive asset class with low correlation to the share market,” Harrop said.
Approximately 50 per cent of the fund is allocated to unlisted assets, including diversified wholesale funds and direct assets.
The remainder is invested in the AMP Capital Global Listed Infrastructure Securities Index, a diversified index of infrastructure equities.
Investors can access the fund on four different platforms, Asgard, Macquarie, BT and Navigator, and through AMP Capital Private Clients.
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