Does what it says on the tin!
Global Diversified Infrastructure (GDIV) is a new investment trust from Gravis Capital Management. Other London-listed infrastructure funds have a strong bias towards UK-based infrastructure investments. GDIV will allow its shareholders to diversify their investment across a number of other countries and types of infrastructure asset. GDIV is targeting longterm and often inflation-linked returns of 8%-10% per annum. In its first year, GDIV is planning to pay a dividend of 3p per share which it aims to grow to 4.5p in the second year.
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