Part of our Foundation Fundlist FTF ClearBridge Global Infrastructure Income X Inc GBP

ISIN: GB00BZ01WT03 | MEX: LMXDT | CITI: N9TY

  • Buy 140 GBX

  • Sell 140 GBX

  • Price Change 1.52280%

Income

Past Performance

  • 28th Jun 2017 to 28th Jun 2018-7.96%
  • 28th Jun 2018 to 28th Jun 201923.40%
  • 28th Jun 2019 to 28th Jun 20204.50%
  • 28th Jun 2020 to 28th Jun 20219.95%
  • 28th Jun 2021 to 28th Jun 202222.98%

Objectives and Approach

To provide investors with an income comprised of dividends with a secondary investment objective of long-term capital growth.

Key Information

Inception 1st Jul 2016
Historic Yield 4.3400%
Sector IA Infrastructure
Fund Size £1385.818mn
Fund Type OEIC
Classification Income

Charges

Total Ongoing Charges 
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing.
1.595%
Initial Charge 0%
AMC 0.75%
Our Platform Charge
We charge a platform fee starting at 0.35% for the first £250,000 of assets. Our charges for assets above £250,000 are shown on our rates and charges sheet
0.35%

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WHY IS THIS FUND ON OUR FOUNDATION FUNDLIST?

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate

Cost Category % of Investment lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here
0.35%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
1.595%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges

lump sum invested with an assumed growth rate of 1 year years
What you might get back at  with no charges applied

What you might get back at  with no charges applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate
What you might get back at with charges applied

What you might get back at with charges applied

These are the illustrative values of a investment after growth and costs at the end of the defined period

This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Performance

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      Current Comparators


      • Cumulative Performance

        1 month3 months6 months1 year3 years5 years
        -3.74% 3.34% 11.29% 22.98% 41.30% 60.47%

        Important Information
        Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.

        The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.



      Composition

      Important Documents


      The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.

      Fund Provider Factsheet
      The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured. &nbsp;
      FUND PROVIDER FACTSHEET
      353,567 bytes PDF Document; last updated 31 May 2022
      Key Investor Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
      KEY INVESTOR INFORMATION DOCUMENT
      209,071 bytes PDF Document; last updated 09 Feb 2022
      Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
      ANNUAL REPORT
      1,152,534 bytes PDF Document; last updated 28 Feb 2021
      Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
      SEMI-ANNUAL REPORT
      776,691 bytes PDF Document; last updated 31 Aug 2020
      Prospectus This is a formal document which contains details of the funds' objectives, investment strategies, risks, performance, distribution policy, fees and expenses and, fund management style.  A fund’s prospectus must be lodged with the Financial Conduct Authority (FCA) for authorisation.
      PROSPECTUS
      1,739,547 bytes PDF Document; last updated 07 May 2021

      Management Team

      Nick Langley Shane Hurst Charles Hamieh Daniel Chu

      Nick Langley has managed this fund for 5 years and 11 months.

      Nick Langley As a Co-Founder and Senior Portfolio Manager, Nick is a member of RARE’s Management and Investment Leadership Teams and is responsible for the management of RARE’s Australian operations. As a member of the Investment Leadership Team, Nick is responsible for the governance and management of the investment team and the investment process. As a Senior Portfolio Manager, Nick is a member of the investment committees responsible for the investment performance across RARE’s Value, Income and Emerging Market strategies. Prior to founding RARE in 2006, Nick spent 11 years in the infrastructure sector including four years as a Principal of AMP Capital’s Infrastructure Funds Management team, where he was also the CFO of DUET, an ASX-listed investment trust with AUD 5 billion in electricity and gas assets. Nick also spent two years with UBS in New York and, prior to that, worked with ABN AMRO in Sydney to provide advice across various infrastructure sectors such as communications, multi-utilities and transport. Nick holds a Bachelor of Laws and a Bachelor of Commerce from the University of Auckland.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Nick

      Name of Security Sole/Co Managed Since
      Legg Mason CBdInfrVal Co Dec 2016
      FTF ClrBdGlInfIn Co Jul 2016
      FTF ClrBdGlInfIn Co Jul 2016
      FTF ClrBdGlInfIn Co Jul 2016
      Legg Mason CBdInfrVal Co Dec 2016

      Shane Hurst has managed this fund for 5 years and 11 months.

      Shane Hurst As a Senior Portfolio Manager, Shane is a member of RARE’s Management and Investment Leadership Teams and the investment committees responsible for the performance of RARE’s Value, Income and Emerging Markets strategies. Prior to joining RARE in 2010, Shane was Director, Infrastructure Securities at Hastings Funds Management, where he created the Hastings Global Infrastructure Securities Fund. Shane’s role included recruiting and managing the Infrastructure Securities investment team and developing its investment process and portfolio construction framework. Shane has also held portfolio management and investment analyst roles at Tribeca Investment Partners and AMP Capital Investors. Shane has a Bachelor of Business from the University of Technology and a Master of Commerce (Advanced Finance) from the University of New South Wales.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Shane

      Name of Security Sole/Co Managed Since
      Legg Mason CBdInfrVal Co Dec 2016
      FTF ClrBdGlInfIn Co Jul 2016
      FTF ClrBdGlInfIn Co Jul 2016
      FTF ClrBdGlInfIn Co Jul 2016
      Legg Mason CBdInfrVal Co Dec 2016

      Charles Hamieh has managed this fund for 2 years and 2 months.

      Charles Hamieh As Senior Portfolio Manager Charles is a member of RARE’s Management and Investment Leadership Team and the investment committees responsible for the performance of RARE’s Value, Income, Emerging Market and Index Strategies. Prior to joining RARE in 2010, Charles was Director and Senior Analyst, Global Infrastructure Securities at AMP Capital where he oversaw all research and analysis across Asia, including Japan. Charles has also held Portfolio Management and Investment Analyst roles as a Director at Hastings Funds Management and Challenger Financial Services Group and again at AMP Capital Investors, where he was responsible for managing the Infrastructure and Utilities and Transport sectors within AMP’s Australian equity portfolios. Charles holds a Bachelor of Economics from the University of Western Sydney.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Charles

      Name of Security Sole/Co Managed Since
      Legg Mason CBdInfrVal Co Dec 2016
      FTF ClrBdGlInfIn Co Apr 2020
      FTF ClrBdGlInfIn Co Apr 2020
      FTF ClrBdGlInfIn Co Apr 2020
      Legg Mason CBdInfrVal Co Dec 2016

      Daniel Chu has managed this fund for 2 years and 8 months.

      Daniel Chu As a Senior Investment Analyst and Portfolio Manager, Daniel is a member of the investment committee responsible for the performance of RARE’s Income strategy, as well as research responsibility for North and South American gas & electric utilities and infrastructure. Prior to joining RARE in 2012, Daniel was an Infrastructure Adviser at KPMG, where he evaluated and executed various Public-Private Partnership transactions. Daniel also held the role of Infrastructure Analyst at ANZ, where he undertook financial and other project finance analysis relating to a range of infrastructure transactions. Daniel holds a Bachelor of Commerce (Accounting and Finance) from the University of New South Wales and is a CFA Charterholder.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Daniel

      Name of Security Sole/Co Managed Since
      FTF ClrBdGlInfIn Co Oct 2019
      FTF ClrBdGlInfIn Co Oct 2019
      FTF ClrBdGlInfIn Co Oct 2019

      Investment involves risk. You may get back less than invested.