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Kempen launches global listed infrastructure fund

The listed companies that are selected for the fund provide vital services to the community, including (toll) roads, airports, harbours and satellites. They generate stable and predictable cash flows, often indexed for inflation. The high entry barriers and monopolistic position of these companies have a positive influence on the risk-return ratio. As a result, these shares often show an above-average income profile and lower volatility relative to other shares. 

Thomas van der Meij, Senior Portfolio Manager at Kempen, explained: ‘Research** shows that 75% of the infrastructure that we will have in 2050 has not yet been built. We expect that its funding will increasingly be in the hands of private investors, and that real assets, including infrastructure, will take a more dominant position in investment portfolios in view of the current low-interest environment and the diversification benefits.’  

Lars Dijkstra, Chief Investment Officer (CIO) at Kempen, added: ‘Infrastructure is relatively a new asset class. To Kempen, it is a logical next step to offer this asset class. We build on the know-how and the strong track record of our Real Estate team, as well as the expertise of the Private Markets team, which invests directly in infrastructure. The Kempen (Lux) Global Listed Infrastructure Fund will enable us to offer clients the comprehensive palette of real assets, with Kempen, as an active asset management house, adding value with a focus on the long term.’  

The Kempen (Lux) Global Listed Infrastructure Fund is now for sale in the Netherlands.

*Source: Morningstar-database 27 December 2018 (category ‘Infrastructure’).

**Source: Global Infrastructure Basel (GIB): http://resilient-cities.iclei.org/fileadmin/sites/resilient-cities/files/Resilient_Cities_2014/PPTs/A/A1_Tafur.pdf


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Disclaimer 
Kempen (Lux) Global Listed Infrastructure Fund (the “Sub-fund”) is a sub-fund of Kempen International Funds SICAV (the “Fund”), domiciled in Luxembourg. This Fund is authorised in Luxembourg and is regulated by the Commission de Surveillance du Secteur Financier. Kempen Capital Management N.V. (KCM) is the management company of the Fund. Kempen is authorised as management company and regulated by The Netherlands Authority for the Financial Markets. 

AFM Risicoscore 5 EN

The Sub-Fund is registered under the license of the Fund at The Netherlands Authority for the Financial Markets. The Sub-Fund is registered for offering in a limited number of countries. The countries where the Sub-Fund is registered can be found on the website.

The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document and the prospectus. These documents as well as annual report, semi-annual report and the articles of incorporation of the Fund are available free of charge at the registered office of the Fund located at 6H, route de Trèves, L-2633 Senningerberg, Luxembourg and on the website of Kempen (https://www.kempen.com/en/asset-management).   

The value of your investment may fluctuate. Past performance provides no guarantee for the future.

Infrastructure

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