Mondrian Global Listed Infrastructure Fund (MGIFX)

Overview

The fund mentioned operates as a specialized investment vehicle focusing on equity securities of infrastructure companies across the globe. By dedicating at least 80% of its net assets, in addition to any borrowings for investment purposes, to such equities, the fund provides investors with exposure to the infrastructure sector. This sector includes a wide range of companies involved in the provision, operations, management, and upkeep of infrastructure facilities. The fund's strategy encompasses investments in at least three different countries, including the United States, ensuring a diversified portfolio that mitigates country-specific risks. A significant emphasis is placed on non-U.S. companies, with a minimum of 40% of its total assets allocated to such entities. Reflecting a global approach, the fund is open to investing in securities issued in various currencies. It also actively uses derivatives, primarily forward foreign currency exchange contracts, as a tool to hedge against currency risk. This approach aims to protect the fund's investments from fluctuations in exchange rates, potentially enhancing returns or reducing losses for investors.

Products and Services

The fund offers a range of investment opportunities and financial instruments, focusing on infrastructure and designed to cater to investors looking for exposure in this sector.

• Equity Securities of Infrastructure Companies

  This constitutes the primary investment focus of the fund, targeting companies that are directly involved in the infrastructure sector. By investing in equity securities of such companies, the fund aims to capture the growth potential and revenue stability associated with infrastructure projects and services. These investments span across various countries, including the U.S., to achieve a balanced and diversified portfolio.

• International Diversification

  The fund commits to international diversification by investing in infrastructure companies across at least three countries, including the United States. This strategy not only spreads risk across different geographic regions but also allows the fund to take advantage of growth opportunities in emerging and developed markets. Diversification is further enhanced by allocating at least 40% of the fund’s total assets to non-U.S. companies, providing investors with a broad exposure to the global infrastructure market.

• Currency Hedging Instruments

  In order to manage the currency risk associated with international investing, the fund utilizes derivatives, predominantly forward foreign currency exchange contracts. These financial instruments are used to hedge against the adverse effects of currency fluctuations. This strategy is intended to preserve the value of the fund's foreign investments, reducing the impact of currency risk on the overall portfolio performance and providing a more stable return for investors.