Brookfield Global Listed Infrastructure Long/Short UCITS Fund

Brookfield Global Listed Infrastructure Long/Short UCITS Fund

Overview

Objective and Strategy

The Fund seeks to generate high risk-adjusted absolute returns with low correlation to the broad equity and fixed income markets. However, there can be no assurance that the Fund will achieve its investment objective. 

Investment Policy

Under normal market conditions, the Fund will seek to achieve its investment objective by taking long and short positions primarily in equity securities of publicly traded Infrastructure companies throughout the world. These include publicly traded securities of Infrastructure companies whose primary operations or principal trading market are in non-U.S. markets. The Fund defines “Infrastructure” as meaning long-life assets providing essential services for either the local economy or the global economy. Furthermore, the Fund considers an Infrastructure company to be any company that derives at least 50% of its revenue or profits from, or commits at least 50% of its assets to, either directly or indirectly, the ownership, operation, development, construction, servicing of, or supplying of materials to, Infrastructure assets. For purposes of selecting investments in Infrastructure companies, the Fund currently defines Infrastructure assets to include systems of transportation, energy, water and sewage, communication, and other essential services required for the normal function of society. Infrastructure assets are the physical structures and networks that provide these necessary services to society.

For a more complete discussion of the Fund's Investment Policy, please refer to the supplement to the prospectus.

Why Invest in the Brookfield Global Listed Infrastructure Long Short UCITS Fund

Opportunities driven by the growing demands for infrastructure spending

Years of underinvestment in developed economies have led to the obsolescence and deterioration of existing infrastructure assets, which need to be replaced or upgraded. Within emerging markets, the key drivers of infrastructure spending are generally tied to the build out of basic services to meet the demands of population growth, urbanization and a growing middle-class consumer. An investment in the Fund could provide an opportunity to capitalize on investment potential of these long-term mega-themes.

The Potential to Enhance Portfolio Diversification

The Fund’s strategy to invest in both long and short positions of infrastructure-related companies has the potential to enhance portfolio diversification through lower risk-adjusted returns that have a low correlation with stocks and bonds.

The Flexibility to Take Long and Short Positions

The ability to take both long and short positions provides the flexibility for the Manager to capitalize on the wide dispersion of returns within the asset class and potential opportunities created by factors such as evolving macroeconomic themes and event-driven market conditions. This flexibility also offers the potential to mitigate the risks of investing by hedging the portfolio with both long and short positions.

A Fund with Income and Growth Potential

Infrastructure companies—found in sectors such as transportation, utilities, energy transmission and communications—provide essential goods and services to businesses and consumers. Since the revenues they generate are often subject to contracts or regulation, infrastructure companies have the potential to generate relatively steady and enduring income streams. Infrastructure revenues may also benefit from long-term economic growth due to rising throughput, which can lead to capital appreciation potential.

The Potential Benefits of a Globally Diversified Approach

The Manager believes that a global approach to investing in infrastructure is very important, because not all regions of the global economy are at the same stage of the economic cycle, and different regions offer different types of opportunities. For example, U.S. infrastructure tends to be concentrated in the energy pipeline, communications and utility sectors. Transportation assets, such as toll roads, airports and ports, are much more prevalent in Europe and Asia. A multi-sector approach adds geographic diversification, which can help mitigate the regulatory and geopolitical risks of investing in a single region.

KEY STATS
  • FUND TYPE

    UCITS

  • TICKER SYMBOL

  • NAV
  • CUSIP

  • INCEPTION DATE

  • TOTAL NET ASSETS

 

Management

Craig Noble, CFA

CEO, Chief Investment Officer and Portfolio Manager

Craig Noble has 19 years of experience and is Chief Executive Officer and Chief Investment Officer for the Public Securities Group as well as Portfolio Manager on the global infrastructure team and a Senior Managing Partner of Brookfield Asset Management. He oversees all aspects of portfolio management and business development related to the firm’s public equity and credit securities investment strategies. Over the last 12 years, he has held multiple positions within Brookfield, including significant roles within capital markets activities and direct infrastructure investment. He transitioned to the Public Securities Group in 2008 to help launch the firm’s listed infrastructure business and became the CEO in 2013. Prior to Brookfield, he spent five years with the Bank of Montreal, focused on credit analysis, corporate lending and corporate finance. Craig holds the Chartered Financial Analyst® designation. He earned a Master of Business Administration degree from York University and a Bachelor of Commerce degree from Mount Allison University.

“The investing opportunity in infrastructure is driven, in large part, by a “tale of two markets.” On the one hand, developed markets are facing the critical obsolescence of aging assets. On the other, emerging markets are tasked with the build-out of first-generation services to meet the demands of upwardly mobile and rapidly urbanizing populations.”

Craig Noble, CFA

Pricing & Performance

Pricing Details
CURRENCY NAV DATE NAV PREVIOUS NAV CHANGE

CURRENCY

PREVIOUS NAV

Pricing Discount
MARKET PRICE MARKET PRICE DATE Previous Market Price PREMIUM / DISCOUNT

MARKET PRICE

MARKET PRICE DATE

MARKET PRICE CHANGE

PREMIUM OR DISCOUNT

Returns
CLASS PERFORMANCE DATE 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS INCEPTION

Literature & Filings

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Documents

Financial Reports

2016 Semi-Annual Report
2015 Annual Report

Fact Sheets and Commentary

March 2017 Fact Sheet

Corporate Governance

Prospectus (English Version) | Addendum (German Version) | Addendum (UK Version)
Supplement to Prospectus
Brookfield Investment Funds UCITS plc Application Form
KIID (Class E) - English
KIID (Class E) - German
KIID (Class E) - Dutch
KIID (Class E) - French
KIID (Class E) - Italian
KIID (Class E) - Swedish
KIID (Class E) - Spanish
Memorandum & Articles of Association
Brookfield Investment Funds (UCITS) plc - Remuneration Policy

Tax Information

ADDI - Berechnung 2015
UK Reporting Fund Status (UKRFS) Report to Participants

Other

Changes to Portfolio Management Team for Brookfield Global Listed Infrastructure

Important Notice

This site and the materials herein contain information on registered funds offered outside the United States. It is for use by non-U.S. qualified institutional and professional investors or their advisors for informational purposes only and should be not be construed as an offer to sell, or a solicitation of an offer to buy, shares of any fund. Shares of the funds described are only offered pursuant to the current prospectus or offering document. The information is not directed at, nor is it intended for, distribution to, or use by, persons in any jurisdiction in which the funds are not authorized for distribution or in which the dissemination of information regarding the funds to such persons is not permitted.

DB6256
Brookfield Global Listed Infrastructure Long/Short UCITS Fund
BFGILSE
BFGILSE
Class E
USD
N/A
0
N/A
IE00BYY9R658
N/A
August 26, 2015
21.07
N/A
N/A
N/A
N/A
16.21 M
March 31, 2017
2.08%
3.26%
3.26%
11.02%
N/A
N/A
4.07%
HFRI
HFRI Fund Weighted Composite Index
N/A
March 31, 2017
0.24%
2.34%
2.34%
8.56%
N/A
N/A
4.47%
AMZ
Alerian MLP Total Return Index
N/A
March 31, 2017
-1.30%
3.95%
3.95%
28.32%
N/A
N/A
4.25%