The investment objective of the Fund is to achieve medium to long term capital growth by investing in securities (equities or equity-related securities) issued by companies which carry on infrastructure-related businesses in the Asia-Pacific region.
Such sectors include, but are not limited to, the following:
(i) transportation (for example, roads, railways, ports and shipping);
(ii) utilities (for example, power, gas, water and telecommunications);
(iii) capital goods (for example, machinery and equipment manufacturing);
(iv) materials (for example, cement, steel and oil); and
(v) engineering and construction.
In addition to the above, the Managers may also invest the Deposited Property of the Fund.