Magellan launches infrastructure fund
Magellan Financial Group Limited will hit the infrastructure market this week, announcing the launch of the Magellan Infrastructure Fund, which will commence trading this Friday.
The introduction of the fund follows the Magellan Global Equities fund which was launched and quoted on the ASX last year.
The Magellan infrastructure listing will include:
- The option to buy and sell units on the ASX and settle via CHESS and avoid the administrative complexities associated with investing in unlisted funds;
- Special access to live and transparent market pricing;
- Active management; and
- Pricing and high liquidity based on the open-ended nature of the EQMFs.
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