On 31 March 2022, Magellan Financial Group announced the launch of a one (1) for eight (8) bonus issue of options to eligible shareholders for nil consideration.
Ben McVicar, CFA, Portfolio Manager, speaks with Jacinta King, ASX, about the Magellan Infrastructure Fund (ASX:MICH), the impact of higher interest rates on infrastructure assets and how their definition of infrastructure informs their investment decisions. (Listening time: 15 mins)
Railroads provide a basic, but critical role for any developed society – they facilitate the connection between producers and consumers of essential goods and support a large section of the economy. The North American rail industry represents one of the world’s oldest and largest collections of transport infrastructure.
While we tend to think of toll roads as a recent phenomenon, they have been around for thousands of years. Toll roads today are a popular way for cash-strapped governments to raise money and improve the quality of, and reduce the congestion on road networks. Given the huge capital costs (toll roads often cost billions of dollars to build), for most investors the listed market is the only way to gain access to these assets.
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Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value fluctuate so your investment, when sold, may be worth more or less than the original cost; current performance may be lower or higher than quoted. Investors should be aware of the increased risks associated with investments in foreign/emerging markets securities, high yield securities and smaller companies.
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Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value fluctuate so your investment, when sold, may be worth more or less than the original cost; current performance may be lower or higher than quoted. Investors should be aware of the increased risks associated with investments in foreign/emerging markets securities, high yield securities and smaller companies.
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