Overview
Description
Magellan Infrastructure Fund (Currency Hedged) is an actively managed exchange-traded fund focused on global listed infrastructure. Its primary purpose is to provide investors with exposure to a diversified portfolio of leading infrastructure companies while reducing the impact of currency fluctuations through a systematic hedging strategy. The fund invests in 20 to 40 stocks at any given time, selecting companies that own and operate essential infrastructure assets such as utilities, transportation, energy, and communications networks. Major holdings typically include names like Aena, Severn Trent, Ferrovial, and Vinci, reflecting exposures to sectors characterized by stable, predictable cash flows and defensive business models.
By hedging foreign currency risk, the fund aims to deliver more stable Australian dollar returns, which can be important for investors seeking consistency and income reliability. Managed by Magellan Asset Management, the fund distributes realised income through regular payments and is structured to appeal to investors seeking medium to long-term capital growth as well as income from global infrastructure, without the added volatility of foreign exchange movements.
About
Instrument type
ETF
Country
Australia
MIC code
XASX