<p><span style="font-size: 8pt;font-family: Arial;">The Fund aims to deliver a combination of capital growth and income that is higher than that of the global equities market over any five-year period while applying the fund’s environmental, social and governance (ESG) criteria and sustainability criteria and to increase the income stream every year, in US dollar terms. It looks to do this by investing at least 80% of the fund in shares issued by infrastructure companies, investment trusts and real estate investment trusts of any size, from any country, including emerging markets. The fund usually holds shares in fewer than 50 companies. Infrastructure companies include businesses in the following sectors: utilities, energy, transport, health, education, security, communications, and transactions. ESG and sustainability considerations are integrated into the investment process.</span></p>


M&G Luxembourg S.A.

M&G Investment Management Limited

Sector Equity Infrastructure

Morningstar Gbl Eq Infra NR USD

Equity

MSCI ACWI NR EUR

M&G (Lux) Global Listed Infras A USD Inc

M&G (Lux) Global Listed Infras L USD Acc

2024

2023

2022

2021

2020

Canada

United States

United Kingdom

Guernsey

Belgium

Italy

Unclassified

Real Estate

Energy

Utilities

Basic Materials

American Tower Corp

Franco-Nevada Corp

Equinix Inc

International Public Partnerships Ord

HICL Infrastructure PLC Ord

PrairieSky Royalty Ltd

Gibson Energy Inc

Elia Group SA/NV

Infrastrutture Wireless Italiane SpA

National Grid PLC