Affin Hwang Asset Management Berhad (Affin Hwang AM) has announced the launch of Affin Hwang World Series – Global Infrastructure Income Fund.
The fund is a wholesale feeder fund that provides investors access to global income opportunities through listed infrastructure assets. The fund will feed into a collective investment scheme, such as Legg Mason ClearBridge Global Infrastructure Income Fund (target fund), managed by ClearBridge Investments.
Global Infrastructure Income Fund will invest a minimum of 80% of the Fund’s net asset value (NAV) into the target fund and a maximum of 20% of the Fund’s NAV into money market instruments, deposits and/or cash.