Wednesday, 19 Jul 2006 10:57AM

UBS Australia is offering retail and institutional investors what it calls a "tightly defined" listed infrastructure fund, largely limiting stock selection to three major sectors.

The UBS Global Infrastructure Securities Fund, launched in May this year, is invested in three major sectors that the fund's portfolio manager, Perry Lucas, said will offer "real" sector performance.

"Our stock selection is split between airports, toll roads and communications, such as mobile phone towers," Lucas said.

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Posted by rjorr at July 19, 2006 3:38 PM