Lazard Global Listed Infrastructure Active ETF (Cboe: GIFL)
Pioneers in Infrastructure Investing
Fund Information
Investment Philosophy & Process
The Lazard Global Listed Infrastructure Fund was launched in 2005, making it one of the first-ever listed infrastructure strategies in the market globally.
The Fund is actively managed benchmark unaware portfolio, generally ranging from 25 to 50 securities, that focuses on companies that have 'Preferred' characteristics, such as revenue certainty, profitability and longevity, derived from monopoly or monopoly-like underlying assets that are often regulated.
Our unique preferred infrastructure-based approach has been successfully implemented by predominantly the same team over almost two decades. The team includes five experienced, specialist investors, based in Sydney, New York, and London. |
Why Invest
Infrastructure is the backbone of modern society. It is also a unique asset class that can bring enduring rewards to investors. By investing in listed infrastructure operators, such as electricity networks, toll roads, and other essential assets and related services, investors can gain exposure to predictable long-term earnings streams. This earnings stability has historically enabled the asset class to deliver clear benefits including:
- Diversification
- Lower volatility
- Inflation protection
- Consistent yield
But not all infrastructure is created equal. Our strict definition of preferred infrastructure has been critical to the long-term success of the pioneering Lazard Global Listed Infrastructure Fund that is now available to investors as an active ETF.
Lazard is now offering the Lazard Global Listed Infrastructure Fund as an active ETF so you can invest simply through the Cboe exchange. Our active ETF provides investors with transparent, live intra-day pricing and T+2 settlement.2
How to Invest
You can invest in the Lazard Global Listed Infrastructure Active ETF (Active ETF) in two ways. You can apply for units directly with Lazard or you can buy units on Cboe (the exchange on which the Fund is quoted), under the code ‘GIFL’ in the same way as buying other publicly listed ETFs and shares.
For investors wanting to apply for units directly with Lazard, please click here for more information.
For investors wanting to buy GIFL units on Cboe you can do so via your share trading platform, stockbroker or financial advisor
If you need any further information please contact us by phone or email as set out below:
Phone: 1 800 825 287
Email: investorqueries@lazard.com
Further Information
For information regarding the Lazard Global Listed Infrastructure Active ETF, please contact Lazard:
Address: Lazard Asset Management Pacific Co. Level 12, Gateway 1 Macquarie Place Sydney NSW 2000 |
For information regarding unit registry (including applications, withdrawals and distributions), please contact our registry provider Automic Pty Ltd:
Address: Automic Pty Ltd Level 5, 126 Phillip Street Sydney NSW 2000 GPO Box 5193 Sydney NSW 2001
Phone: 1300 441 609 (within Australia)
+61 2 9934 0521 (outside Australia)
Email: lazard@automic.com.au
For Media enquiries, please contact:
Honner (PR Agency) |
News and Insights
1 iNAV calculations as shown on www.lazardassetmanagement.com (the “data”) and provided by ICE Data Indices, are updated during Cboe trading hours. Powered by Factset. iNAV calculations are indicative and for reference purposes only. The Fund is not sponsored, endorsed, sold or marketed by ICE Data Indices, LLC, its affiliates (“ICE Data”) or their respective third party suppliers. ICE DATA OR ITS THIRD PARTY SUPPLIERS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE WITH RESPECT TO THE iNAV, IOPV, FUND OR ANY FUND DATA INCLUDED THEREIN. IN NO EVENT SHALL ICE DATA HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, DIRECT, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES. You acknowledge that the data is provided for information only and should not be relied upon for any purpose.
2 The Lazard Global Listed Infrastructure Active ETF (‘Active ETF class’), formerly the Lazard Global Listed Infrastructure Fund – W Class, is a class of units in the Lazard Global Listed Infrastructure Fund ARSN 116 229 675. The Active ETF class is a dual-access active ETF with Issuer Sponsored and CHESS-Sponsored Sub-Registers. The dual-access structure enables investors to: 1) enter the Active ETF class either by applying for the units directly with Lazard using an Application Form or, by buying units on the Cboe Securities Exchange; and, exit the Active ETF Class either making a withdrawal request directly with Lazard using a Redemption Request Form or by selling units on the Cboe Securities Exchange.
This website has been prepared without taking account of any investor’s objectives, financial situation or needs. Investors should get professional advice as to whether investment in the Lazard Global Listed Infrastructure Active ETF (Active ETF) is appropriate having regard to their particular investment needs, objectives and financial circumstances before investing. Lazard has prepared a target market determination (TMD) for the Active ETF which sets out the class of consumers for whom the Active ETF including the Active ETF's key attributes, would likely be consistent with their likely objectives, financial situation and needs. A copy of the TMD is available at www.lazardassetmanagement.com.au, by contacting investorqueries@lazard.com, or from their IDPS operator. It is recommended that investors consider whether their objectives, financial situation and needs are consistent with the target market of the Active ETF. Investors should obtain a copy of the current Product Disclosure Statement (PDS) for the Active ETF, available at www.lazardassetmanagement.com.au, by contacting investorqueries@lazard.com, or from their IDPS operator and should consider the PDS before making any decision about whether to acquire or to continue to hold the Active ETF. Neither Lazard nor any member of the Lazard Group, including Lazard Asset Management LLC and its affiliates guarantees in any way the performance of the Active ETF, repayment of capital from the Active ETF , any particular return from or any increase in the value of the Active ETF.