RARE Infrastructure gains highest Zenith rating
Ratings house Zenith has rewarded just one infrastructure fund its ‘highly recommended’ rating — the RARE Infrastructure Value Fund.
The ratings house provided three other funds — the Macquarie International Infrastructure Securities Fund, the Magellan Infrastructure Fund, the CFS W Global Listed Infrastructure Securities Fund and the RARE Series Emerging Markets Fund with a ‘recommended’ rating.
Commenting on the infrastructure funds sector, Zenith Investment analyst Andrew Cassar said the ratings house believed infrastructure securities provided a long-term reliable income stream, which was resilient to changing economic conditions and largely protected from inflation.
He said infrastructure exposure within the international share allocation of a well-diversified portfolio had the potential to improve the risk/return profile of an investor’s portfolio.
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