<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

Other Equity

Equity

MSCI ACWI NR EUR

M&G (Lux) Global Listed Infras AH MSGInc

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

2023

2022

2021

2020

2019

United States

Canada

Guernsey

United Kingdom

Italy

Unclassified

Real Estate

Utilities

Energy

Basic Materials

Crown Castle Inc

The AES Corp

Alexandria Real Estate Equities Inc

International Public Partnerships Ord

TC Energy Corp

HICL Infrastructure PLC Ord

Franco-Nevada Corp

Equinix Inc

Infrastrutture Wireless Italiane SpA

Eversource Energy