Blue gold
A growing demand for fresh water, which is now being described as ‘blue gold’, coupled with industry demand has led fund manager Liontamer Investments to launch a water fund as its first introduction to Australia.
The actively managed, open-ended fund, KBC Global Water Fund, invests in an internationally diversified selection of companies that develop and utilise modern global water technology trends.
With an aim of providing investors with medium-term capital growth, the fund’s target is to generate rolling three-year returns that consistently outperform the MSCI World Index.
The fund’s asset manager, Ireland’s KBC Asset Management, is a wholly owned subsidiary of Liontamer’s Belgium-based parent company KBC Asset Management N.V.
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