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Stewart Investors manage investment portfolios on behalf of our clients over the long term and have held shares in some companies for over 20 years. They launched their first investment strategy in 1988.
The Fund declined -1.1% in December, outperforming the benchmark and holding up relative to global equities -1.7%.
Demand for defensive assets and predictable earnings supported utilities and toll roads.
Lower commodity prices continued to weigh on pipelines and railroads.
The Fund invests in a wide range of global listed infrastructure assets which can provide investors with inflation-protected income and strong capital growth over the medium term.