It's been six months since I wrote about the then-newly listed SPDR/FTSE Macquarie Global Infrastructure 100 ETF (GII Quote) and even longer since I have written about the Macquarie Infrastructure Trust (MIC Quote).
In the interim, there have been two big stock market disruptions, providing a serious stress test of what these kinds of products can and cannot do for people.
Infrastructure is an asset class with the potential to provide high yield with a low correlation to the stock market, which is an important way to manage the volatility of an investment portfolio.
Australian investment bank Macquarie has created an investment niche for itself, listing various kinds of infrastructure funds on exchanges all over the world. Currently, the bank has four products available here in the U.S. ...
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