Report

Delivering the goods

The manager of Ecofin Global Utilities and Infrastructure Trust (EGL), which invests in utilities and other economic infrastructure equities, says that the company’s portfolio has benefitted from having an overweight position in continental European stocks, good stock selection and an upswing in power prices which have moved higher on the back of rising commodity prices. Earlier this year the manager trimmed exposure to UK utilities, which have suffered as interest rate expectations and regulatory pressures have increased. The manager believes that we are in a new phase of consolidation activity within the utilities sector, which could contribute to future NAV and share price growth for the company. EGL aims to deliver a total return of 6-12% per annum to shareholders over time.

Underlying
Ecofin Global Utilities and Infrastructure Trust

Ecofin Global Utilities and Infrastructure Trust is an investment trust company with an unlimited life. Co. is engaged in portfolio investment activities. Co.'s investment objectives are to achieve a dividend yield on its investment portfolio and to realize growth in the capital value of the portfolio for the benefit of shareholders while taking care to preserve shareholders' capital. As of Sep 30 2017, Co.'s investment portfolio was valued at £138,732,000.

Provider
QuotedData Retail
QuotedData Retail

​QuotedData you with provides access to research on Investment Companies, Investment Trusts and Mining companies. Our aim is to provide you all the information you might need to make your own investment decisions. We cannot offer you advice on your investments. 

Other Reports on these Companies
Other Reports from QuotedData Retail

ResearchPool Subscriptions

Get the most out of your insights

Get in touch