TPT Retirement Solutions has launched a global infrastructure fund for its DC members.
The fund, which will be available on a self-select basis, offers significant allocation to sectors that contribute to, or benefit from the digitalisation of infrastructure and the global energy transition.
Overall TPT says the fund aims to provide investors with exposure to a broad selection of infrastructure equities, with a view to balancing both risk and returns over the medium term. This include gas and water utilities, transport, communications and social infrastructure.
As part of TPT’s responsible investing commitments, the fund will allocate most of its capital to companies that are aligned or aligning with the net-zero pathways, allowing members to invest in companies committed to reducing their carbon footprint.
TPT retirement solutions DC director Philip Smith says: “[The fund] allows members to invest in infrastructure and diversify their retirement savings.
“The fund launch comes ahead of our new DC proposition later this year that will give members access to a straightforward pathway that could provide them with a sustainable stream of income into retirement, with digital tools that will help individuals make pension choices more easily than ever.”
