Infrastructure investments are a subset of the broader asx all ords index. The specific asset class can be attractive for income focused investors. We have provided a list of all infrastructure stapled securities listed on the ASX. Theses funds invests predominately in equities component of infrastructure rather than debt.
Common infrastructure assets include:
1. Toll Roads
2. Oil and Gas Pipelines
3. Energy Utility Assets
- Renewable Energy Projects (Solar and Wind Plants)
- Energy Distribution Assets
There are some common characteristics across these funds. As most earnings are driven long terms contracts (with fixed or CPI increases). It gives owners of said assets a high level of income protection certainty and visibility.
This is the primary factor that the funds uses a high level of debt to create a higher equity level return. The companies themselves usually have a high level of payout ratio as most of the earnings are paid out in dividends.
|AST||AusNet Services Limited|
|EPX||Ethane Pipeline Income Fund|
|MQA||Macquarie Atlas Roads Group|
|SKI||Spark Infrastructure Group|