How to Invest
Argo Global Listed Infrastructure Limited (AGLI) is a listed investment company and its shares are traded on the Australian Securities Exchange (ASX) under the ticker code 'ALI'.
To initially invest in AGLI, you purchase shares through a sharebroker in the same way you would buy shares in other listed companies such as Woolworths or BHP Billiton. If you do not have a sharebroker, the ASX provides a service which can assist you in choosing a suitable broker.
Further information about investing in shares can be found at www.asx.com.au/education/shares-eduction.htm.
AGLI shares offer investors a professionally managed, diversified and easily traded exposure to global Infrastructure through the Australian share market, without the need to pay fees to an investment manager.
You may wish to consult a financial adviser or sharebroker to help you select investments which are appropriate to your personal circumstances.
BENEFITS OF INVESTING:
Diversification with administrative ease
AGLI shares offer exposure to a portfolio of around 50-100 global listed infrastructure companies via a single shareholding. This allows AGLI shareholders to achieve international diversification without the need to maintain and monitor a portfolio of different holdings. In addition, the administrative burden is eased, as you only receive dividends and correspondence from one company.
Long-term share price and dividend growth
AGLI's business objective is to provide a total return for long-term investors consisting of dividend income and capital growth.
Closed-end listed fund with no debt
Some unlisted managed funds are forced to sell portfolio stocks when investors wish to redeem their units. As a listed investment company, AGLI’s portfolio is separated from the activity of buyers and sellers of AGLI shares as they trade with one another on the share market. This closed-end structure, coupled with the absence of debt, is ideally suited to building a long-term portfolio because AGLI is not forced to sell desirable stocks in order to satisfy fund outflows.
If you wish to sell some or all of your investment in AGLI, you simply sell the desired number of shares on the Australian Securities Exchange. Argo does not charge exit fees and your only costs will be brokerage charges payable to your share broker. As with other sales of shares, the proceeds will be available 2 business days later. (changed to T + 2 from 7 March 2016)
Transparency and corporate governance
As a public company, AGLI’s operations are overseen by the Board of Directors on behalf of all shareholders. The Directors, other than the Managing Director, are elected by shareholders and are subject to re-election at the Annual General Meeting at least once every three years.
As a listed company, AGLI regularly discloses up to date information to the public via Australian Securities Exchange announcements including: monthly net tangible asset backing (NTA) per share, twice-yearly financial results and a comprehensive Annual Report.