The L&G Global Infrastructure Index Fund tracks the FTSE Global Core Infrastructure Index and has an ongoing charges figure (OCF) of 0.30% for I class investors.
LGIM head of retail for Emea Honor Solomon (pictured) said infrastructure has become increasingly popular with investors due to its combination of capital growth and income, plus it is linked to inflation in many cases.
“This fund builds on our commitment to provide high-quality exposure across a broad range of asset classes which advisers and investors can use as building blocks for constructing portfolios.
“Given its modest correlation with traditional asset classes such as equities, credit, and government bonds, listed infrastructure can also be a useful diversifier.”
LGIM said the Ucits-compliant unit trust would be available through all major intermediary platforms.
LGIM multi-asset fund manager Justin Onuekwusi said infrastructure is a mainstay holding in LGIM’s multi-asset fund range, which holds £45bn assets under management.
Onuekwusi said: “Listed infrastructure is an important asset class in a multi-asset portfolio. Over the long-term, it has delivered attractive risk-adjusted returns, which complements a diversified portfolio.”
