Varun Anand
Starlight Global Infrastructure Fund
SCGI-X
BUY
Dec 01, 2021
Good run since inception. Broad exposure. Focus is on free cashflow generation, high barriers to entry, and regulated assets. Tax efficient monthly distributions. Yield is about 4.9%.
A way to play infrastructure is through the base metals and steel companies. He wouldn't be looking at utilities and pipelines. He would focus on engineering companies. He doesn't know what this fund holds.
Risk is that ETFs don't adjust that much. If there's a downturn, limited ability to be flexible. In contrast SCGI, managed by his firm, has outperformed BGI.UN since inception and can be nimble.
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