The Global Infra Income segment delivered a distinct performance profile over the period, shaped by a combination of macro influences, fund‑specific positioning, and the evolving risk appetite across markets. Manager outcomes varied meaningfully, as differences in exposure, yield strategies, and defensive allocations created a wide dispersion of performance within the category.
Income generation continues to be a central anchor for this segment, with the group averaging a yield of 4.42%. This steady income base supported total‑return outcomes for many funds, particularly those positioned toward high‑quality assets or segments with consistent payout histories. Funds with higher yield profiles often benefitted from strong underlying cashflows, while lower‑yielding peers tended to emphasise capital‑growth opportunities or more conservative portfolio structures.
Short‑term performance trends, reflected in the 1‑Year CAGR average of 10.40%, were influenced by sector rotation, changes in rate expectations, and broader macro shifts. Managers with tactical agility and selective exposure management captured near‑term opportunities more effectively. The longer‑term perspective, demonstrated by the 5‑Year CAGR average of 9.06%, shows the cumulative advantage of disciplined portfolio construction, robust risk controls, and alignment with structural market trends.
Risk behaviour remained a defining characteristic in the period. The average max drawdown of -12.93% highlights how market volatility affected certain strategies more than others. Funds with diversified exposures, downside protection, and well‑managed factor risks preserved capital more effectively during stress periods. In contrast, strategies with concentrated or higher‑beta exposures displayed deeper drawdowns, underscoring the importance of risk‑adjusted allocation frameworks.
Across the Global Infra Income universe, the overall narrative points to an environment where manager skill, structural yield support, and effective risk oversight played decisive roles in shaping outcomes. The segment continues to offer a balanced mix of stability and return potential, but dispersion across managers highlights the need for selective allocation. As markets remain sensitive to global policy direction and credit conditions, well‑positioned funds within Global Infra Income may continue to benefit from favourable yield spreads and measured risk exposure.
Looking ahead, the category is expected to maintain its relevance for investors seeking dependable income and resilient long‑term return profiles. The interplay between yield opportunities, macro cycles, and portfolio construction discipline will remain the key differentiator among managers.
| APIR Code | Fund Name | AUM ($m) | Mgnt Fee | 1-Yr CAGR% | 3-Yr CAGR% | 5-Yr CAGR% | Volatility | Max Drawdown 5y | Sharpe (5y) | Launch Date | Yield | Fund Type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BFL0019AU | 4D Global Infrastructure A | 330.5 | 0.95 | 15.26 | 15.07 | 11.75 | 10.9 | -10.99 | 0.75 | 07/03/2016 | 8.79 | Offshore Regulated |
| AMP8292AU | AMP Capital Advantage Core Infrastructure | 729.2 | 0.99 | -7.18 | 0.20 | 1.47 | 7.86 | -8.27 | -0.27 | 15/01/2018 | 3.58 | Offshore Regulated |
| PIM9253AU | ATLAS Infrastructure Australian Feeder Hedged | 1424.8 | 0.70 | 7.88 | 11.15 | 9.42 | 14.25 | -18.45 | 0.41 | 03/10/2017 | 0.00 | Offshore Regulated |
| PIM4004AU | ATLAS Infrastructure Global D Unhedged AUD | 883.7 | 0.63 | 13.42 | 14.04 | 01/10/2017 | 0.60 | Offshore Regulated | ||||
| AAP3601AU | Ausbil Global Essential Infrastructure Hedged | 272.2 | 1.00 | 10.72 | 8.68 | 13.73 | -16.73 | 16/10/2020 | 2.67 | Offshore Regulated | ||
| AAP3254AU | Ausbil Global Essential Infrastructure Unhedged | 34.2 | 1.00 | 16.82 | 10.77 | 9.79 | 11.5 | -13.17 | 0.54 | 17/12/2018 | 6.32 | Offshore Regulated |
| BlackRock FTSE Global Infrastructure ETF Dis AUD | 1413.0 | 0.15 | 7.17 | 2.13 | Exchange Traded Funds | |||||||
| BTA0543AU | BT Infrastructure Wholesale Plus Value Hedged | 49.8 | 0.82 | 10.04 | 10.65 | 10.25 | 12.46 | -11.23 | 0.53 | 05/11/2014 | 7.70 | Other Offshore Funds |
| BTA0546AU | BT Infrastructure Wholesale Plus Value Unhedged | 121.4 | 0.80 | 17.28 | 12.52 | 12.27 | 9.86 | -7.62 | 0.88 | 05/11/2014 | 8.87 | Other Offshore Funds |
| UBS0064AU | CBRE Global Infrastructure Securities | 114.0 | 1.00 | 7.38 | 9.97 | 8.55 | 13.17 | -15.17 | 0.38 | 04/08/2016 | 3.42 | Offshore Regulated |
| FSF0921AU | CFS CFS FC Inv-ClearBridge RARE Infrastructure Value | 4.9 | 1.20 | 8.54 | 8.85 | 7.2 | 12.67 | -16.23 | 0.28 | 19/05/2008 | 2.74 | Other Offshore Funds |
| FSF0795AU | CFS CFS Global Infrastructure Securities | 70.5 | 1.22 | 9.65 | 11.15 | 8.99 | 12.69 | -14.12 | 0.42 | 29/03/2006 | 2.23 | Other Offshore Funds |
| FSF4698AU | CFS CFS Index Global Listed Infrastructure Securities | 70.8 | 0.32 | 8.60 | 9.29 | 7.15 | 13.14 | -18.71 | 0.27 | 30/09/2012 | 2.67 | Other Offshore Funds |
| TGP0016AU | ClearBridge RARE Infrastructure Income A | 1978.5 | 1.03 | 8.21 | 8.29 | 8.07 | 12.13 | -17.74 | 0.37 | 30/09/2008 | 3.73 | Offshore Regulated |
| SSB6649AU | ClearBridge RARE Infrastructure Income Unhedged A | 161.0 | 0.97 | 14.69 | 10.46 | 13/04/2021 | 6.45 | Offshore Regulated | ||||
| TGP0008AU | ClearBridge RARE Infrastructure Value Hedged | 1166.0 | 1.03 | 9.94 | 10.47 | 9.97 | 12.54 | -11.35 | 0.51 | 13/11/2006 | 2.96 | Offshore Regulated |
| TGP0034AU | ClearBridge RARE Infrastructure Value Unhedged | 901.9 | 0.97 | 17.30 | 12.35 | 12.08 | 9.93 | -7.77 | 0.85 | 31/05/2011 | 7.44 | Offshore Regulated |
| NRM0038AU | ClearView HF Emerging Markets | 1.24 | 21.96 | 14.34 | 11.37 | 11.15 | -8.97 | 0.7 | 05/12/2011 | 3.86 | Offshore Regulated | |
| NRM0036AU | ClearView HF Infrastructure | 1.24 | 14.19 | 10.45 | 9.82 | 9.86 | -8.77 | 0.63 | 05/12/2011 | 4.28 | Offshore Regulated | |
| AMP1180AU | Dexus Core Infrastructure H | 546.1 | 1.24 | -7.40 | -0.10 | 1.11 | 7.85 | -8.92 | -0.32 | 30/10/2007 | 3.21 | Offshore Regulated |
| FSF1241AU | First Sentier First Sentier Global Listed Infrastructure Fund (Hedged Class) | 254.3 | 0.95 | 8.16 | 9.01 | 7.41 | 12.82 | -15.95 | 0.3 | 28/05/2012 | 5.08 | Offshore Regulated |
| PIM0972AU | Hamilton Lane Global Private Infrastructure H Dis AUD | 83.0 | 1.40 | 01/11/2024 | Offshore Regulated | |||||||
| OPS8578AU | HSBC Global Infrastructure Equity Fund (Hedged) Dis AUD | 30.7 | 0.90 | 7.34 | 31/01/2024 | 1.76 | Offshore Regulated | |||||
| NAB3124AU | IOOF Strategic Infrastructure A AUD | 676.6 | 0.43 | 12.54 | 2.62 | Offshore Regulated | ||||||
| iShares iShares Core FTSE Global Infrastructure (AUD Hedged) ETF Dis AUD | 0.15 | 9.01 | 16/05/2023 | 2.91 | Exchange Traded Funds | |||||||
| LAZ0014AU | Lazard Global Listed Infrastructure Active ETF W AUD | 2820.5 | 0.98 | 16.41 | 15.39 | 11.46 | 12.84 | -14.63 | 0.61 | 05/10/2005 | 6.48 | Offshore Regulated |
| MAQ0829AU | Macquarie Hedged Index Global Infrastructure Securities | 2327.6 | 0.00 | 8.57 | 9.66 | 7.91 | 12.68 | -15.89 | 0.34 | 18/12/2009 | 5.97 | Offshore Regulated |
| MAQ0432AU | Macquarie International Infrastructure Securities | 310.3 | 1.00 | 10.93 | 13.01 | 12.03 | 12.07 | -12.01 | 0.7 | 29/09/2005 | 7.30 | Offshore Regulated |
| MAQ0825AU | Macquarie International Infrastructure Securities Unhedged | 426.1 | 1.00 | 17.48 | 15.30 | 14.25 | 10.13 | -10.04 | 1.05 | 29/01/2014 | 8.69 | Offshore Regulated |
| WFS0867AU | Macquarie Wholesale Plus International Infrastructure Securities Hedged | 34.5 | 0.83 | 11.04 | 13.23 | 12.13 | 11.88 | -11.65 | 0.72 | 12/12/2016 | 5.25 | Offshore Regulated |
| MGE0002AU | Magellan Infrastructure | 1422.9 | 1.06 | 11.18 | 10.41 | 7.03 | 12.93 | -14.27 | 0.27 | 29/06/2007 | 3.58 | Offshore Regulated |
| MGE9182AU | Magellan Magellan Core Infrastructure Active ETF AUD | 511.6 | 0.50 | 11.58 | 10.12 | 7.55 | 12.55 | -16.82 | 0.31 | 16/12/2009 | 3.58 | Offshore Regulated |
| WFS0858AU | Magellan Wholesale Plus Infrastructure | 64.2 | 0.95 | 11.41 | 10.61 | 7.24 | 13.01 | -14.28 | 0.28 | 11/04/2017 | 5.25 | Other Offshore Funds |
| MPL0008AU | Maple-Brown Abbott Global Listed Infrastructure Hedged | 2053.7 | 1.00 | 9.64 | 11.35 | 10.08 | 13.02 | -13.41 | 0.5 | 14/07/2015 | 7.09 | Offshore Regulated |
| MIN0036AU | Mercer Global Unlisted Infrastructure | 734.5 | 1.50 | 10.12 | 8.95 | 10.71 | 2.81 | -0.40 | 2.53 | 31/01/2010 | 2.09 | Offshore Regulated |
| NCL0012AU | Mercer Passive Global Listed Infrastructure | 605.9 | 0.50 | 8.16 | 9.18 | 7.47 | 12.64 | -16.43 | 0.31 | 05/01/2010 | 6.27 | Offshore Regulated |
| INT9521AU | Morningstar Morningstar Global Listed Infrastructure Hedged A | 78.6 | 0.23 | 11.21 | 0.00 | Offshore Regulated | ||||||
| WHT1117AU | Palisade Feeder Infrastructure Trust Dis AUD | 62.2 | 1.40 | 6.00 | 15/03/2024 | 2.21 | Offshore Regulated | |||||
| WHT9991AU | Resolution Capital Global Listed Infrastructure C Hedged Dis AUD | 203.1 | 12.68 | 2.33 | Exchange Traded Funds | |||||||
| RIM0042AU | Russell Global Listed Infrastructure $A Hedged A | 109.3 | 1.18 | 12.98 | 12.51 | 11.13 | 12.38 | -12.48 | 0.61 | 29/09/2009 | 11.12 | Offshore Regulated |
| SPI4963AU | Spire Global Private | 8.95 | 9.82 | Other Offshore Funds | ||||||||
| Van Eck FTSE Global Infrastructure (Hedged) ETF Hedged | 1642.8 | 0.20 | 8.87 | 9.90 | 8.02 | 12.75 | -15.83 | 0.35 | 29/04/2016 | 3.15 | Exchange Traded Funds | |
| VAN0023AU | Vanguard Global Infrastructure Index | 2039.3 | 0.49 | 11.66 | 9.08 | 9.3 | 10.77 | -9.46 | 0.53 | 30/11/2007 | 4.33 | Offshore Regulated |
| VAN0024AU | Vanguard Global Infrastructure Index Hedged | 777.9 | 0.52 | 6.74 | 8.70 | 6.89 | 13.76 | -19.00 | 0.24 | 30/11/2007 | 4.96 | Offshore Regulated |
| Please note: Historic yield figures will only be provided for funds with at least 12 months |