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This is a marketing communication. Please refer to the Fund Prospectus and KID and/or offering documents before making any final investment decisions. Please refer to the risks section at the bottom of this page.
Wellington Enduring Infrastructure Assets Fund
ISIN: IE00BH3VJH87
Infrastructure is the backbone of our modern world. To meet the challenges of tomorrow, such as the AI revolution or the transition to more sustainable forms of energy, significantly more investment is required. This equity fund invests in publicly traded companies around the world that have a competitive advantage and are leaders in areas such as modern data and telecommunications networks, power grids and natural gas pipelines, and road and rail links.
USD >1 B
Assets under management
2013
Year of inception
30 – 40
Selected stocks
Source for all figures: Wellington Management. As of 31 October 2025. The characteristics presented are determined as part of the portfolio management process. Actual experience may not reflect all of these characteristics or may be outside of stated ranges.
Why invest?
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What are enduring infrastructure assets?
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Why Wellington?
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The Fund’s role in your client’s portfolio
What are enduring infrastructure assets?
No economic advance is possible without the right infrastructure to facilitate it. Infrastructure has intrinsic exposure to the world’s megatrends — as the world changes, our infrastructure must change with it. As such, enduring assets — utilities, transportation, midstream energy and data infrastructure — are vital to our economy, with long lifespans and potential competitive advantages from regulation or long-term contracts.
These companies share some key strengths:
Steady revenue and stable cash-flow generation from long-term contracts.
Business models that can be less sensitive to economic swings and commodity prices.
Typically, long-lived assets that possess high barriers to entry, providing a durable market environment.
Why Wellington?
Consistent
The Fund invests in companies with steady revenues and stable cash flows from long-term contracts, benefiting from inflation-linked growth due to regulatory protection.
Future-facing1
The Fund looks to invest in companies that are tapping into long-term secular growth trends like power generation, decarbonisation, renewables and electrification.
Stable
In our view, the Fund offers inflation-linked qualities that can provide attractive upside participation while seeking to mitigate downside risks.
The Fund’s role in your client’s portfolio
Core equity allocation
Downside mitigation potential
Liquidity
What types of infrastructure does the fund invest in?
Electricity, gas and water grids
Production of renewable energy
Gas pipelines
Railways, airports, motorways
Telecommunications
Data infrastructure
Specialist real estate
Discover the Strategy Behind the Fund
The Wellington Enduring Infrastructure Assets Fund seeks long-term total returns. The Fund is actively managed and pursues its investment objective primarily by investing in equities of companies worldwide that own long-lived physical assets in sectors such as utilities, transportation, energy, real estate and industrials, that we believe have a competitive advantage and that have low earnings volatility.
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Frequently asked questions about infrastructure investing
Typical infrastructure investments can include listed companies in the following sectors: electricity, water and gas utilities, power grids, renewable energy, rail networks, telecommunications and data infrastructure.
Investing in infrastructure offers the potential for stable, reliable returns in different market environments. As an allocation to global equities, listed infrastructure assets can be a good entry point into a theme with long-term growth potential. The income from assets held by infrastructure companies is usually protected by regulatory requirements and long-term contracts.
Funds focused on listed infrastructure assets, such as the Wellington Enduring Infrastructure Assets Fund, can provide daily liquidity, full transparency of the positions held, and broad access, which is not usually the case with private equity funds in this space.
Risks
- The value of the Fund units can fluctuate and is not guaranteed.
- The Fund invests a small amount in emerging markets that may be subject to particular political and economic risks.
- While the Fund focuses on stable assets, economic, regulatory, and political risks, as well as overall market sentiment, may have an impact on performance.
- More details about the investment risks are available at the bottom of this page.
Opportunities
- The Fund could reduce downside risks, provide potential inflation protection, and protect against market volatility.
- Many of the investments held by the Fund benefit from high barriers to entry and are difficult to replicate. This could provide a long-term competitive advantage.
- The Fund invests in physical assets such as utility-operated networks and transportation infrastructure that could generate stable regular income thanks to long-term contracts or legal regulation.
1The portfolio does not pursue a sustainable investment objective. At least 70% of the portfolio, excluding cash and cash equivalents, is invested in companies whose environmental policies have received an internal score from 1 to 3 on a scale of 1 to 5, with 1 being the highest score. The scores are based on the asset management company's internal rating system. Environmental, social and governance (ESG) factors are taken into account when determining the allocation to individual companies, but any negative assessment in this respect does not necessarily mean that an issuer or security is excluded from the investment universe.
Consider the risks
Investors should consider the risks that may impact their capital, before investing. The value of your investment may fluctuate from the time of the original investment. Please refer to the risks section below. A decision to invest should take account of all the characteristics and objectives described in the Fund offering documents. Please refer to the sustainability related disclosures for information on the commitments of the portfolio: www.wellington.com/en/legal/sfdr.
Investment risks
Capital: Investment markets are subject to economic, regulatory, market sentiment and political risks. All investors should consider the risks that may impact their capital, before investing. The value of your investment may become worth more or less than at the time of the original investment. The Fund may experience a high volatility from time to time. | Concentration: Concentration of investments within securities, sectors or industries, or geographical regions may impact performance. | Currency: The value of the Fund may be affected by changes in currency exchange rates. Unhedged currency risk may subject the Fund to significant volatility. | Emerging Markets: Emerging markets may be subject to custodial and political risks, and volatility. Investment in foreign currency entails exchange risks. | Equities: Investments may be volatile and may fluctuate according to market conditions, the performance of individual companies and that of the broader equity market. | Hedging: Any hedging strategy using derivatives may not achieve a perfect hedge. | Manager: Investment performance depends on the investment management team and their investment strategies. If the strategies do not perform as expected, if opportunities to implement them do not arise, or if the team does not implement its investment strategies successfully; then a fund may underperform or experience losses. | Small and Mid-Cap Company: Small and mid-cap companies' valuations may be more volatile than those of large cap companies. They may also be less liquid. | Sustainability: An environmental, social or governance event or condition that, if it occurs, could cause an actual or potential material negative impact on the value of an investment.
Please refer to the Fund prospectus and KIID/KID for a full list of risk factors and pre-investment disclosures.