Vanguard Global Infrastructure Hedged and RARE Infrastructure Value were given the research house's second-highest recommendation and stood out among the seven strategies assessed due to factors including stable teams and robust investment processes.
"RARE is the leading candidate for investors more open to capitalising on the sector's expected long-term growth across both the developed and emerging markets," Morningstar senior research analyst Tim Wong said.
"Vanguard meets the needs of investors seeking a vehicle that will be lowly-correlated to equities, and hold firm, particularly in falling markets."
