iShares Global Infrastructure UCITS ETF GBP Hedged (Acc)

Issuer: iShares

Asset Class: Equity

TER: 65bps

Trading Currency: GBP

Pays Income: False

Listing Date: 30 Oct 2024

Ticker: INGH

ISIN: IE000TCZMZM8

This fund provides targeted exposure to companies that own and operate the essential assets and services forming the backbone of the global economy. The portfolio includes firms from key infrastructure sectors such as transportation (including airports, toll roads, and railways), energy (pipelines and storage facilities), and utilities (water and electricity distribution). These businesses often exhibit defensive qualities, benefiting from consistent demand regardless of the economic climate, which can lead to more stable and predictable revenue streams. The investment aims to capture the performance of leading infrastructure companies from both developed and emerging markets, offering a geographically diverse approach to this critical asset class.

By tracking a specific infrastructure-focused index, the fund offers a convenient and diversified way to invest in a sector that can be difficult for individuals to access directly. This strategy allows investors to participate in the long-term growth trends associated with global development, urbanisation, and the ongoing need for maintenance and upgrades of critical infrastructure. Potential benefits of such an allocation include the potential for steady capital appreciation, a degree of inflation protection due to the nature of infrastructure assets, and portfolio diversification. This particular share class also employs a currency-hedging strategy to minimise the impact of exchange rate volatility between the underlying assets' base currency and the fund's traded currency.