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Macquarie offers infrastructure index

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By Victoria Papandrea
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3 minute read

Macquarie's infrastructure index allows Australian investors to access the global boom occurring in emerging markets.

Macquarie Research Equities is offering Australian investors an index which tracks the rise in infrastructure spending fuelled by urbanisation in emerging economies.

The Macquarie Emerging Markets Infrastructure and Development Index (MEMIDI) reflects the performance of the 50 largest emerging market domiciled companies which operate or develop infrastructure assets.

Australian retail investors can access MEMIDI through Macquarie's MQ Gateway which is a capital protected platform, according to Macquarie associate director Pia Cooke.

"By offering it with capital protection investors are going to be able to ride out any volatility that could occur in the emerging market," she said.

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The global market conditions over the last six months means investors are now looking to areas, such as emerging markets, where they believe there is still significant growth on offer.

"Planners right now are looking for these kinds of investments because they know that the emerging economies, particularly China, are offering enormous potential right now and this is a really easy way for them to access these opportunities," Cooke said.

The index gives investors exposure to companies that are directly related to the infrastructure spending in emerging economies, she said.

The Index has a minimum investment of $20,000 with a three and three quarter year term.  The offer closes on 27 June 2008.