The Foresight UK Infrastructure Income Fund aims to deliver higher returns and lower volatility than the FTSE All-Share index and will pay dividends quarterly.
Ahead of the launch the group said it conducted research with financial advisers, which revealed that 75% were bullish on the outlook for UK infrastructure assets, with 59% expecting to see increasing demand from clients for the sector through Sipps and Isas in the next five years.
Jamie Richards, a partner at Foresight, said: “The new FP Foresight UK Infrastructure Income Fund enables investors to capitalise on a thriving energy sector, which offers numerous investment opportunities across generation, transmission and distribution technologies.
“The global decarbonisation agenda will lead to a growing reliance on renewable energy, which is becoming cheaper to produce and easier to store.”
According to Foresight the fund’s model portfolio has returned 24% over the last two years, versus a 20.7% gain from the FTSE All-Share. It has done this with a volatility of 4.8%, versus 15.2% from the index.
Minimum investment into the fund is £1,000, or £100 per month for regular savings, with unit holders being offered both income and accumulation options.
