Infrastructure Funds

[miner1000]

I believe Dod has raised an interesting investment idea on the "where are the Ideas?" thread.

He has recently bought 3iIN and mention has also been made of HICL, which Dod does not seem to favour for reasons which seem to relate to PPP.

However, I have held HICL for quite a few years now and it has been one of my most stable investments during the recent turmoil.

Infrastructure could offer a very safe haven and a decent yield as we move through Covid, Brexit and beyond, The Government is committed to a massive amount of infrastructure spending before the end of this Parliament and I see no reason why HICL and others will not benefit from this. HICL pays a healthy dividend, above 4% and has the right payment history and pedigree. It is a top 5 holding for just about all the major tracker funds and conservative large portfolios. HS2 and possibly nuclear must be a major going forward, and I can see the likes of well run contracting companies such as Balfour Beatty doing very well once the financial taps are turned on fully. So more investment in infrastructure funds and the companies that will deliver the infrastructure, would seem to be a possible area for further research, once those companies (such as BBY) return to the dividend fold. Lots of dogs out there of course, so DYOR, but this could be an area to park some cash if it is surplus to requirement and looking for a home.

Miner

[funduffer]

I has my fingers burned with Carillion, so I think I would favour the likes of 3IN or HICL, rather than the actual construction companies like Balfour Beatty.

Otherwise, I agree with the sentiment, infrastructure looks like a big thing for the next few years.

FD