4D Infrastructure has launched the 4D Global Infrastructure Fund (AUD Hedged), and have renamed its flagship fund to 4D Global Infrastructure Fund (Unhedged) for the sake of clarity.
CEO/CIO and global portfolio manager for 4D, Sarah Shaw, attributes increased client demand to the introduction of a hedged fund which is intended to alleviate the impact of currency by hedging foreign currency exposure.
Ms Shaw stated that 4D is committed to making its strategy “available to anyone who wants access to the attractive and growing investment themes of global infrastructure.” She further claimed that the strategy offers “defensive characteristics plus growth” along with generally displaying “lower volatility of earnings and higher yields than the broader equity markets.”
“The revenues of most of the portfolio’s stocks also have some form of inflation hedge, whether explicit or implicit,” Ms Shaw said.
The hedged fund is set to be managed using the same investment strategy as 4D’s unhedged fund, which returned 8.81 per cent p.a. since 2016, according to Ms Shaw.
“We’ll continue to manage both funds in line with our proven strategy, aiming to deliver attractive total returns over the long term,” she said.
Going forward, 4D’s investment team, objectives and processes remain unchanged.