FTF ClearBridge Global Infrastructure Income

This fund was previously known as Legg Mason RARE Infrastructure Income

Introduction to the fund

This fund focuses on two areas within infrastructure: regulated assets such as national energy grids and utilities, and ‘user pays’ assets such as toll roads, railways and airports. This allows the fund to flex between more economically-sensitive areas and defensive and stable cash flows depending on their outlook. The team of four will focus on potential cash flows from each asset, underpinned by regulation and secular growth, offering investors an attractive yield on an asset class with low correlation to others.

Fund manager

Nick Langley, Shane Hurst, Daniel Chu, Charles Hamieh

There are four managers of the global infrastructure income strategy; Daniel Chu CFA, Charles Hamieh, Shane Hurst and Nick Langley.

Daniel Chu was previously an infrastructure adviser at KPMG and an infrastructure analyst at ANZ. Daniel joined the team in 2012.

Charles Hamieh has managed listed infrastructure for most of his career at various firms. He has 27 years’ experience and joined the team in 2010.

Shane Hurst was previously a portfolio manager at Tribeca Investment Partners and a director of infrastructure securities at Hastings Fund Management. He has 27 years’ experience and also joined the team in 2010.

Nick Langley has held a number of roles throughout his career and was previously principal of infrastructure fund management at AMP Capital. In 2006, he co-founded RARE which subsequently integrated with ClearBridge. Nick has been with the team since 2006 and has 30 years’ experience.

Opinion on fund

This fund has an excellent yield, great performance and is managed by an experienced team. The fund has delivered for investors since its launch and you would be hard pressed to find a more experienced team of infrastructure specialists. We particularly like the fund’s track record of dividend growth on top of an already generous yield.

Fund performance

Documents

Key facts

  • Fund size

    £1,629.8m

  • Chelsea rating

    Buy

  • Core Selection

    No

  • Chelsea Risk Rating

    6

  • AMC

    0.75%

  • OCF

    0.82%

  • Unit Type

    Acc and Inc

  • Yield

    3.98%

  • FundCalibre rating

    Elite Rated

How to invest

Once you know where you want to invest, there are a number of ways you can invest:

  • Log in here and process your instruction
  • Call us on 020 7384 7300 to buy over the phone or request an application form
  • Download an application form and post it to us, along with a cheque
Find out more
Information icon

Important information

Source: Performance data sourced from FE Analytics (IA universe). Yield figures (per annum), Fund Size data and AMCs/OCFs are as at 23/01/2026 unless otherwise stated.

The performance graph, factsheets and Key Investor Information Document is provided by FEfundinfo, and updated on a daily basis.

Some funds listed are off shore-domiciled and subject to different regulations. Off shore funds typically do not offer investor compensation under the UK Financial Services Compensation Scheme (FSCS).

Performance history extended by FE fundinfo to illustrate the fund’s longer-term record.

Sector rankings calculated from multiple underlying sectors; certain funds remain unranked due to limited comparability.

Funds assigned to an alternative IA sector; sector rankings may differ accordingly.

The information provided is based on our proprietary qualitative and quantitative research. Whilst reasonable efforts have been taken to ensure accuracy, Chelsea Financial Services cannot guarantee that the information is free from errors, omissions, or inaccuracies.

This information does not constitute investment advice and should not be interpreted as a recommendation to invest in any fund listed. Past performance is not a reliable indicator of future returns.

Please read the full Important Notice on page 2 of the FundReview 2025 carefully before making investment decisions.

Whilst every effort has been made to ensure the accuracy of this information, Chelsea Financial Services takes no responsibility for any errors, omissions or inaccuracies contained therein. The funds within the Chelsea Selection are based on our proprietary research, which is both qualitative and quantitative. Please note this is not investment advice, nor does it imply that you should invest in this fund. Past performance is a not a guide to future returns.

To find out more about our Chelsea Risk Rating, please visit our dedicated page.

The AMC (annual management charge) is paid to the fund management company for managing the fund. It is calculated as a percentage of the value of the fund. The AMC is less than the Ongoing Charges Figure (OCF).

The OCF (ongoing charges figure): The cost includes the AMC and other fees such as registration, regulatory, audit and legal fees but does not include transaction costs and performance fees.