Brookfield Infrastructure LP (BIP)

Current share price presenting good buying opportunity.
Last quarter performed very well.
Dividend distributions growing strong.
Current share price presenting good buying opportunity.
Inflation linked dividend. 

They own Brookfield Infrastructure. The infrastructure stock has better valuation than the renewable energy fund. Brookfield renewable also faces too much money going into the sector.

(A Top Pick July 13/15. Up 22.8%.) Bought this because it had a good management team. They are canny investors. It has a very attractive income level. Has been growing its distribution at reasonable prices. He likes their geographic diversification. They’re increasingly being well respected globally as a smart allocator of capital, so are increasingly able to do larger and larger transactions.

(A Top Pick April 21/15. Down 0.92%.) Took a real dive when people became concerned about global growth prospects for their infrastructure plays. It has been very well run. Has a very attractive yield, sustainable and well financed. Still a Buy.

They own rails, storage, toll roads and ports internationally. Nice, steady cash flow type businesses. In Europe, South America and expanding into Eurasia Australia. Very, very well-run company. Dividend growth over the last 5 years has been about 22%. Yield of 4.77%.

Looking for defensive plays right now because he has a fairly cautious attitude towards potential volatility in the market. They just did a financing and raised about $1 billion. They are making infrastructure investments in energy related type investments globally. With a strong US$, this is giving them the opportunity to invest in assets in Latin America and Australia and build a broadly diversified portfolio. Dividend yield of 4.72%.

This is a partnership rather than a company. This is terrific for income. Made a smart acquisition in France where they bought some telecom infrastructure. They are diversifying and trying to get less reliant on commodity markets. He sees the income growing and a very stable type business.