The Colonial First State Wholesale Global Listed Infrastructure Securities Fund (the 'Fund') will invest in global infrastructure and infrastructure-related securities, including equities and hybrids, cash and derivatives. The portfolio may invest in securities outside the benchmark which are consistent with the Fund’s investment process.

The Fund's investment philosophy is based on bottom-up security selection which aims to balance value and quality.  Three principles characterise this philosophy:
i. Every security has a fair value – a good company does not always make a good investment.
ii. We think in absolute terms – best investment ideas should create a portfolio, not a benchmark.
iii. Experience matters – creating value in this emerging global sector requires experience and specialisation.

The Fund's six step investment process