Magellan MICH ETF (ASX:MICH)
The Magellan MICH Fund is an actively-managed portfolio that invests in a select array of international infrastructure companies. The fund typically selects between 20-40 global equities from the infrastructure sector and hedges its exposure against the Australian dollar to manage currency risks.
What does the MICH invest in?
MICH invests in a concentrated portfolio of high-quality global infrastructure securities based on Magellan’s actively-managed approach. This includes leading companies like Transurban Group (ASX: TCL), American Water and Atmos Energy. This ETF could be a solution for investors looking for actively-managed exposure to the global infrastructure sector, hedged against the Aussie dollar.
What do investors use MICH for?
MICH could be used by investors looking for a concentrated portfolio of leading global infrastructure stocks, as selected and managed by the investment team at Magellan. According to Magellan, it looks for companies that face reliable demand and have predictable cash flows.
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