Gravis Capital Partners (GCP), manager of the £700m Infrastructure Investments trust, is offering its first open-ended fund to retail investors, aiming to deliver a regular income of 5% per annum.
The VT UK Infrastructure Income fund (UKIIF) will invest in a broad range of LSE-listed equities, funds (including other GCP vehicles), and bonds. As well as aiming for a dividend of 5% per annum, to be paid quarterly, the fund offers the potential for capital growth and protection from inflation. Sources of income will include electricity and water, solar, PFI/PPP, health and transport. Sample holdings feature Centrica, HICL Infrastructure and Thames Water among many others. The fund can be held in ISAs, SIPPs, offshore bonds or directly and will be available on all the major plat...
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