Based on the popular 80s card game, each week we select an asset class and use FE fundinfo data to compare two funds based on their three-year performance, assets under management, alpha, volatility, ongoing charges and information ratio to decide which is the Top Trump.
This week, the BNY Mellon Global Infrastructure Income fund defeats the Morgan Stanley Global Infrastructure fund 4-2.
BNY Mellon Global Infrastructure Income fund
The fund aims to maximise total returns from income and capital growth by gaining exposure to companies located worldwide that are engaged in infrastructure and related operations.
Top 10 holdings:
- Dominion Energy (7.9%)
- Eversource Energy (7.4%)
- Orange (5.8%)
- Clearway Energy (5.4%)
- Hess Midstream (4.8%)
- Vinci (4.8%)
- Fortum (4.5%)
- Williams Companies (4.2%)
- Drax Group (4.2%)
- Jiangsu Expressway Co (4.2%)
Morgan Stanley Global Infrastructure fund
The fund applies a value-oriented, bottom-up driven investment process that focuses on investing in equity securities of publicly listed infrastructure companies.
Top 10 holdings:
- National Grid (7.93%)
- American Tower Corp (7.92%)
- Enbridge (4.15%)
- ONEOK (4.02%)
- GFL Environmental (3.81%)
- Sempra (3.62%)
- Targa Resources Corp (3.59%)
- TC Energy Corp (3.53%)
- Nisource (3.16%)
- Pembina Pipeline Corp (3.16%)
