Dexus Diversified Infrastructure Trust*

Diversified exposure and a strong pipeline

Dexus Diversified Infrastructure Trust (DDIT) provides investors with access to an established portfolio of infrastructure assets in Australia and New Zealand that aims to generate stable, long-term returns. Infrastructure is fundamental to a country’s economic development and is a diverse and growing asset class with characteristics such as a low correlation with other asset classes and cash flows that are often inflation-linked. For investors in the fund, this means the potential for stable long-term returns based on income generated by the assets and from the capital growth of the assets.

The investment strategy has been developed over decades of experience in managing infrastructure investments through multiple economic cycles. We focus on key sectors where we have expertise and an in-house capability, including transport (airports, transport links, transport and logistics nodes and rolling stock), energy and utilities (regulated utilities, renewables and energy storage), telecommunications (including the transfer and storage of data) and social infrastructure (including student accommodation).  

Environmental, social and governance policies are used to guide investment decisions and ongoing management of the portfolio.

This fund is only available to Wholesale Investors. 

What are the key risks?

Prospective investors should refer to the Information Memorandum and Derivative Risk Statement (which can be obtained by contacting us) and consider factors relating to investment risks. As a result of risk factors, as well as other risks inherent in any investment, an investment in the fund is not appropriate for all investors. There can be no assurance that the fund will meet its investment objective or that investors will receive a return of their capital. Prospective investors should consult with their own advisers before deciding to invest in the fund.

^{*Dexus Funds Management Limited as responsible entity of Dexus Property Trust and Dexus Operations Trust (Dexus) recently acquired the trustee AMP Investment Services Pty Limited (Trustee) of AMP Capital Diversified Infrastructure Trust (Fund). Following the acquisition, Dexus intends to change the legal name of the Fund to Dexus Diversified Infrastructure Trust, the name of each stapled trust to Dexus Diversified Infrastructure Trust A and Dexus Diversified Infrastructure Trust B (respectively) and the name of the Trustee to Dexus Capital Investment Services Pty Limited. Dexus has registered the proposed name of the Trustee as a business name with the Australian Securities and Investments Commission. Subject to regulatory filings and approvals, the change of name is expected to be completed in 2023.} 

^{AMP Capital Investors Limited (“Investment Manager”) remains the investment manager of the Fund. Dexus has also recently entered into a conditional agreement to acquire the Investment Manager, with completion of the acquisition expected to occur following receipt of a required regulatory consent.} 

^{Dexus Falcon Pty Limited is licensed to use the AMP Capital trade marks by AMP Limited. AMP Limited announced the sale of AMP Capital’s real estate and domestic infrastructure equity business to Dexus Funds Management Ltd on 27 April 2022. Dexus Falcon Pty Limited and its products and services are not affiliated with, guaranteed by or endorsed by AMP Limited.} 

^{Important information:
AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232 497) (AMPCI) is the investment manager of the AMP Capital Diversified Infrastructure Trust A and the AMP Capital Diversified Infrastructure Trust B (together referred to as the Fund). AMP Investment Services Pty Limited (ACN 063 986 989) (AMPIS) is the trustee of the Fund. Dexus Funds Management Limited as responsible entity of Dexus Property Trust and Dexus Operations Trust (Dexus) recently acquired AMPIS. To invest in the Fund, Investors should consider the current information memorandum (Offer Document) available from AMPCI for the Fund. The Offer Document contains important information about investing in the Fund and it is important that investors read the Offer Document before making a decision about whether to acquire units in the Fund. Neither AMPCI, AMPIS nor any other company in the Dexus Group guarantees the repayment of capital or the performance of any product or any particular rate of return referred to in this document. Past performance is not a reliable indicator of future performance. While every care has been taken in the preparation of this document, neither AMPCI, AMPIS nor any other Dexus group company makes any representation or warranty as to the accuracy or completeness of any statement in it including without limitation, any forecasts. Actual future results and operations could vary materially from any forecasts, estimates, or opinions. AMPCI will not necessarily update the recipient of this document if any facts set out in this document subsequently change. This document has been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. Investors should, before making any investment decisions, consider the appropriateness of the information in this document, and seek professional advice, having regard to their objectives, financial situation and needs. This content is not intended for distribution or use in any jurisdiction where it would be contrary to applicable laws, regulations or directives and does not constitute a recommendation, offer, solicitation or invitation to invest.} 

^{AMP Capital Investors Limited (“Investment Manager”) remains the investment manager of the Fund. Dexus has also recently entered into a conditional agreement to acquire the Investment Manager, with completion of the acquisition expected to occur following receipt of a required regulatory consent.}

^{The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned to APIR NML0001AU, November 2021) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.}