Australian Infrastructure Fund

Profile

Overview

Australian Infrastructure Fund (AIX) is one of Australia's leading diversified transport infrastructure funds. It combines Australian Infrastructure Fund Trust and Australian Infrastructure Fund Limited.

 

Strategy

AIX's primary objective is to offer investors returns, through cash yield and capital growth, by actively managing a portfolio of transport infrastructure assets for the medium to long term.

AIX's strategy is to:

-      focus on transport infrastructure, in particular, airports;

-      actively manage the asset portfolio and pursue value accretive organic growth opportunities;

-      seek quality investments to add value for securityholders, maintaining a disciplined acquisition approach;

-      work closely with technical partners;

-      fund distributions from cash flows, having regard to expansionary capital opportunities; and

-      continue to maintain sustainable asset and portfolio gearing.

 

Assets

Airports

Airstralia Development Group (Perth Airport)

AIX Interest in Perth Airport:

29.7%

Since Inception Return to AIX (p.a.):

19.2%

 

HOCHTIEF AirPort Capital (HTAC) (Athens, Greece; Düsseldorf and Hamburg, Germany; Sydney, Australia)

AIX Interest in Athens Airport:

5.3%

AIX Interest in Düsseldorf Airport:

4.0%

AIX Interest in Hamburg Airport:

5.7%

AIX Interest in Sydney Airport:

2.6%

 

Australia Pacific Airports Corporation (APAC) (Melbourne Airport, Victoria; Launceston Airport, Tasmania)

AIX interest in APAC:

10.1%

Return since inception to AIX (p.a.)

25.0%

 

Queensland Airports Limited (QAL) (Gold Coast, Townsville and Mount Isa Airports)

AIX interest in QAL:

49.1%

Return since inception to AIX (p.a.)

45.5%

 

Airport Development Group (NT Airports) (Darwin, Alice Springs and Tennant Creek Airports)

AIX interest in NT Airports:

28.2%

Return since inception to AIX (p.a.)

28.9%

 

seaports

Port of Portland (Victoria)

AIX interest in Port of Portland:

50.0%

Return since inception to AIX (p.a.)

27.7%

 

Port of Geelong (Victoria)

AIX interest in Port of Geelong:

35.0%

Return since inception to AIX (p.a.)

25.1%

 

 

tollroads and rail

Statewide Roads (New South Wales)

AIX interest in Statewide Roads:

6.2% ordinary

100% preference

Return since inception to AIX (p.a.)

10.4%

 

Metro Transport Sydney (New South Wales)

AIX interest in Metro Transport Sydney:

38.9%

Return since inception to AIX (p.a.)

(22.1)%

 


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