Brookfield Global Listed Infrastructure Fund

Overview

Investment Objectives

Brookfield Global Listed Infrastructure Fund seeks total return through growth of capital and current income.

The Fund seeks to achieve its investment objective by investing primarily in securities of publicly traded infrastructure companies. Under normal market conditions, the Fund will attempt to achieve its investment objective by investing, as a principal strategy, at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in publicly traded equity securities of infrastructure companies listed on a domestic or foreign exchange, throughout the world, including the United States (the “80% Policy”), and, as part of the 80% Policy, at least 40% of the Fund’s net assets (plus the amount of any borrowing for investment purposes) will be invested in publicly traded securities of infrastructure companies whose primary operations or principal trading market is in a foreign market, and that are not subject to the requirements of the U.S. securities laws, markets and accounting requirements ("Foreign Securities"). The Fund may also invest, as a principal strategy, up to 25% of its net assets (plus the amount of any borrowing for investment purposes) in energy-infrastructure companies organized as master limited partnerships.

The Fund defines an infrastructure company as any company that derives at least 50% of its revenue or profits from the ownership or operation of infrastructure assets. The Fund defines infrastructure assets as the physical structures, networks and systems of transportation, energy, water and sewage, and communication.

  • toll roads, bridges and tunnels;
  • airports;
  • seaports;
  • electricity transmission and distribution lines;
  • gathering, treating, processing, fractionation, transportation and storage of hydrocarbon products;
  • water and sewage treatment and distribution pipelines;
  • communication towers and satellites; and
  • railroads.

Notice regarding 1099-DIV

The Brookfield Global Listed Infrastructure, Brookfield Global Listed Real Estate, Brookfield US Listed Real Estate and Brookfield Real Assets Securities Funds (The Brookfield Funds) will mail tax form statements (1099-DIV) on a delayed basis. The Brookfield Funds invest in Master Limited Partnerships (MLPs) and real estate investment trusts (REITs), and even though the Brookfield Funds identify the total amount of distributions received from those investments throughout the tax year, the Funds cannot accurately identify the tax character of these distributions, due to certain tax adjustments, until form K-1 and 1099 information is received from Funds’ MLP and REIT investments and the Fund can appropriately characterize the income from these investments. The Funds will seek to provide forms 1099-DIV to investors as soon as possible.

For the reasons outlined above, the Brookfield Funds requested an extension from the Internal Revenue Service to mail forms 1099-DIV through March 15th, 2017, however anticipate mailing in advance of that date in late February.

Why Invest in the Brookfield Global Listed Infrastructure 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.

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.

Diversification does not guarantee a profit or protect from loss in a declining market.

Shareholder Account Information – Initial Sales Charge (Class A Shares Only)

The sales charge is imposed on Class A Shares of a Fund at the time of purchase in accordance with the following schedule:

Amount of Investment Sales Charge as % of the Offering Price* Sales Charge as % of Amount Invested Reallowance to Broker-Dealers
Less than $50,000 4.75% 4.99% 4.75%
$50,000 but under $100,000 4.25% 4.44% 4.25%
$100,000 but under $250,000 3.50% 3.63% 3.50%
$250,000 but under $500,000 2.50% 2.56% 2.50%
$500,000 but under $1 million 2.00% 2.04% 2.00%
$1 million or more None None None

* Includes front-end sales load.

No sales charge is imposed on reinvestment of distributions selected in advance of the distributions.

Breakpoints or Volume Discounts

Each Fund offers you the benefit of discounts on the sales charges that apply to purchases of Class A Shares in certain circumstances. These discounts, which are also known as breakpoints, can reduce or, in some instances, eliminate the initial sales charges that would otherwise apply to your investment in Class A Shares. Mutual funds are not required to offer breakpoints and different mutual fund groups may offer different types of breakpoints.

Breakpoints or Volume Discounts allow larger investments in Class A Shares to be charged lower sales charges. If you invest $50,000 or more in Class A Shares of a Fund, then you are eligible for a reduced sales charge. Initial sales charges are eliminated completely for purchases of $1,000,000 or more, although a 1% CDSC may apply if shares are redeemed within eighteen months after purchase.

KEY STATS
  • FUND TYPE

    U.S. Mutual Funds

  • 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.

“Listed Infrastructure–energy, transportation, utilities and communications–lies at the heart of the global economy.”

Craig Noble, CFA

Leo Anguiano

Managing Director and Portfolio Manager

Leonardo Anguiano has 19 years of experience and is a Portfolio Manager on the global infrastructure team. He also is responsible for covering European infrastructure securities focusing on the Water, Transportation and Energy Infrastructure sectors. His past experience includes both direct and listed infrastructure investing and he has spent the majority of his career in London. Prior to joining the firm in 2015, Leonardo worked for Santander in Madrid where he was in specialty sales covering infrastructure and utilities. Prior to Santander, Leonardo worked at Arcus Infrastructure Partners and Babcock & Brown focusing on direct infrastructure investing. Leonardo started his career at JP Morgan Cazenove on the sell side. He earned a Master of Philosophy degree from Cambridge University and a Bachelor of Science degree from the London School of Economics.

“Listed Infrastructure–energy, transportation, utilities and communications–lies at the heart of the global economy.”

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

Class A has a gross expense ratio of 1.41% and a net expense ratio of 1.35%. Class C has a gross expense ratio of 2.16% and a net expense ratio of 2.10%. Class Y has a gross expense ratio of 1.16% and a net expense ratio of 1.10%. Class I has a gross expense ratio of 1.16% and a net expense ratio of 1.10%. As reflected in the Fund's current prospectus and assuming a full year of fund operations. The advisor has contractually agreed to waive fees and/or reimburse fund expenses through May 1, 2017. There is no guarantee that such waiver/reimbursement will be continued after that date.

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 855.244.4859. Performance shown including sales charge reflects the Class A maximum sales charge of 4.75% and the Class C Contingent Deferred Sales Charge (CDSC) of 1.00%. Performance data excluding sales charge does not reflect the deduction of the sales charge or CDSC and if reflected, the sales charge or fee would reduce the performance quoted. Investment performance reflects fee waivers, expenses and reimbursements in effect. In the absence of such waivers, total return and NAV would be reduced.

Literature & Filings

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Documents

Financial Reports

2016 Semi-Annual Report
2015 Annual Report
2016 Annual Report

Fact Sheets and Commentary

June 2017 Fact Sheet (A, C, Y Share Class)
June 2017 Fact Sheet (I Share Class)
Q2 2017 Quarterly Report (A, C, Y Share Class)
Q2 2017 Quarterly Report (I Share Class)

Fund Holdings

Holdings as of March 31, 2017

Corporate Governance

Fund Documents
Statutory Prospectus
Summary Prospectus
Statement of Additional Information
XBRL Risk/Return Summary
Brookfield Investment Funds - Supplement (April 10, 2017)
XBRL Risk/Return Summary
Form 8937 - Year ended December 31, 2016
Audit Committee Charter
Distribution Policy - Frequently Asked Questions
Form 8937 - Year ended December 31, 2015
2015 Tax Information

Other

Edgar
Brookfield Investment Funds - Section 19A Notice June 2017
Brookfield Global Listed Infrastructure Fund Q1 2017 Update Replay
Brookfield Investment Funds Announce Portfolio Manager Update Webcasts
Brookfield Investment Funds Announce Portfolio Manager Update Call
Changes to Portfolio Management Team for Brookfield Global Listed Infrastructure
SEC Filings

© 2016 Brookfield Investment Management Inc. All rights reserved. Quasar Distributors, LLC is the distributor of Brookfield Investment Funds and Brookfield Investment Management Inc. is the Investment Advisor. Brookfield Investment Funds are offered and sold only to persons residing in the United States and are offered by prospectus (A, C, Y and I Share Classes) only. The prospectuses include investment objectives, risks, fees, charges, expenses, and other information that you should read and consider carefully before investing.

Important Notice

This site and the materials herein are directed only to certain types of investors and to persons in jurisdictions where the funds is authorized for distribution. In order to access these materials, you must confirm that you are a United States Person:

All investors should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The prospectus and, if available, a summary prospectus, contain this and other information about the Fund. All investors are urged to carefully read the prospectus and, if available, the summary prospectus, in its entirety before investing.

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance data quoted. For more information about a fund, click on the prospectus or summary prospectus link above.

Past performance is not necessarily indicative of future results. There can be no assurance the Fund will achieve its objectives or avoid significant losses.