Gravis Advisory has launched its infrastructure income strategy focused on the digital economy.
The VT Gravis Digital Infrastructure Income Fund is the firm’s fourth OEIC. It will invest in companies which own physical infrastructure assets vital to the digital economy, such as data centres, telecom towers, fibre optic cable companies, logistics warehouses, and the digitalisation of transportation.
It will be managed by Gravis’ director of real estate securities, Matthew Norris, supported by experts William Argent and Nick Barker.
In line with the existing Gravis range, the new fund is expected to deliver capital growth by investing through market cycles in global listed securities including real estate investment trusts, equities, and bonds. It will target an annual dividend yield of three percent.
The product will require a minimum investment of £100, and will maintain a minimum of of 16 holdings. It will be available on all major platforms and directly.
William MacLeod, managing director of Gravis Advisory Limited, said: “We’re thrilled to be launching our fourth Gravis OEIC, investing in a vital but largely unrecognised sector of the global economy, and one which is growing at an extraordinary pace. We are especially pleased with the response we’ve had during the offer period. It seems we have struck a chord with investors, many of whom are intending to invest from the start. It is never easy getting a new fund concept off the ground and we’d like to thank those who have backed our judgement.”
Gravis Advisory is a subsidiary of infrastructure and real estate investment specialist Gravis Capital Management Limited.