Global Diversified Infrastructure – Does what it says on the tin!
Global Diversified Infrastructure (GDIV) is a new investment trust from Gravis Capital Management. Other London-listed infrastructure funds have a strong bias towards UK-based infrastructure investments. GDIV will allow its shareholders to diversify their investment across a number of other countries and types of infrastructure asset. GDIV is targeting long-term and often inflation-linked returns of 8%-10% per annum. In its first year, GDIV is planning to pay a dividend of 3p per share which it aims to grow to 4.5p in the second year.
Attractive total returns
GDIV’s objective is to generate attractive total returns through capital appreciation and sustainable, growing distributions over the long term. It will do this by investing in a globally diversified portfolio of infrastructure projects located primarily in the US, Canada, Europe, Australia and the UK, with a maximum of 20% of the fund in countries other than these.
Its portfolio will also be diversified by infrastructure type, ranging from wind farms to electricity transmission, toll roads to airports and schools to healthcare accommodation.
GDIV will provide access to global infrastructure opportunities primarily through investment in private (unlisted) infrastructure funds; funds that are inaccessible to many investors. GDIV offers liquid access to this well-established sector for the price of a single share.
The details of the share issue, including the risk factors that investors should take into consideration, are more fully described in the prospectus published on 1 March 2018 and we urge readers to read this before making any investment decision.
GDIV : Global Diversified Infrastructure – Does what it says on the tin!