ETF overview
The GLIX fund aims to achieve superior returns by capitalizing on the sustained expansion and modernization of global infrastructure over the long term. Its investment strategy primarily targets large, established corporations that derive over half of their revenue or asset base from infrastructure-related activities. This encompasses a wide array of sectors, including water treatment, the generation and distribution of energy and other essential resources, communication and media services, as well as the construction or operation of critical physical assets like pipelines, roads, airports, railways, and ports. The fund's security selection process emphasizes businesses with monopolistic characteristics, known for their reliable, long-term cash flow generation and revenues that are often linked to inflation. These companies also typically exhibit lower volatility compared to the broader equity market. The portfolio is concentrated, holding between 25 and 50 carefully chosen infrastructure firms. GLIX provides extensive global diversification, offering exposure to markets in both developed and emerging economies. To minimize the impact of currency fluctuations, particularly against the US dollar, the fund employs foreign currency forward contracts. Furthermore, GLIX may utilize repurchase agreements and various money market instruments.
Fund facts
- Expense ratio
- 0.96%
- Fund assets
- 52.2M USD (all share classes)
- Issuer
- Lazard
- Inception date
- Oct 3, 2025
- Number of holdings
- 38
Breakdown
Holdings (38)
| Name | Ticker | Weight |
|---|---|---|
| EUR261229 | 17.22% | |
| GBP261229 | 6.24% | |
| NATIONAL GRID PLC | NG.L | 5.80% |
| VINCI SA | DG.PA | 5.79% |
| AMERICAN TOWER CORP REIT USD.01 | AMT | 5.64% |
| CAD261229 | 4.10% | |
| LAZARD GOVT MNY MMKT INS LZIXX | 3.29% | |
| CONSOLIDATED EDISON INC | ED | 3.25% |
| EXELON CORP | EXC | 3.20% |
| CROWN CASTLE INC REIT USD.01 | CCI | 3.20% |
| and 25 more | ||
Similar ETFs
- Magellan InfrastructureMICH.AX · Overlap 37% · Expense ratio 1.05%
- VanEck - FTSE Global Infrastructure (AUD Hedged) ETFIFRA.AX · Overlap 31% · Expense ratio 0.20%
- iShares Core FTSE Global Infrastructure (AUD Hedged) ETFGLIN.AX · Overlap 31% · Expense ratio 0.15%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.96%
- Fund assets
- 52.2M USD (all share classes)
- Issuer
- Lazard
- Inception date
- Oct 3, 2025
- Number of holdings
- 38
| Name | Ticker | Weight |
|---|---|---|
| EUR261229 | 17.22% | |
| GBP261229 | 6.24% | |
| NATIONAL GRID PLC | NG.L | 5.80% |
| VINCI SA | DG.PA | 5.79% |
| AMERICAN TOWER CORP REIT USD.01 | AMT | 5.64% |
| CAD261229 | 4.10% | |
| LAZARD GOVT MNY MMKT INS LZIXX | 3.29% | |
| CONSOLIDATED EDISON INC | ED | 3.25% |
| EXELON CORP | EXC | 3.20% |
| CROWN CASTLE INC REIT USD.01 | CCI | 3.20% |
| and 25 more | ||
The GLIX fund aims to achieve superior returns by capitalizing on the sustained expansion and modernization of global infrastructure over the long term. Its investment strategy primarily targets large, established corporations that derive over half of their revenue or asset base from infrastructure-related activities. This encompasses a wide array of sectors, including water treatment, the generation and distribution of energy and other essential resources, communication and media services, as well as the construction or operation of critical physical assets like pipelines, roads, airports, railways, and ports. The fund's security selection process emphasizes businesses with monopolistic characteristics, known for their reliable, long-term cash flow generation and revenues that are often linked to inflation. These companies also typically exhibit lower volatility compared to the broader equity market. The portfolio is concentrated, holding between 25 and 50 carefully chosen infrastructure firms. GLIX provides extensive global diversification, offering exposure to markets in both developed and emerging economies. To minimize the impact of currency fluctuations, particularly against the US dollar, the fund employs foreign currency forward contracts. Furthermore, GLIX may utilize repurchase agreements and various money market instruments.
- Magellan InfrastructureMICH.AX · Overlap 37% · Expense ratio 1.05%
- VanEck - FTSE Global Infrastructure (AUD Hedged) ETFIFRA.AX · Overlap 31% · Expense ratio 0.20%
- iShares Core FTSE Global Infrastructure (AUD Hedged) ETFGLIN.AX · Overlap 31% · Expense ratio 0.15%
Overlap is the share of assets the two funds hold in common.
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