The Tortoise North American Energy Infrastructure Fund, a UCITS fund, focuses on the large and diverse North American pipeline universe, providing access to the sizable pipeline network of one of the world’s largest consumers of energy.

Fund Stats as of 25/02/2020:

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NAV

$103.75

NAV Change

$-3.25

Total Net Assets

$2,327,548.24

Objective

Total Return

Benchmark

Tortoise North American Pipeline IndexSM

Fiscal Year End

December 31

Legal Structure

SICAV

Base Currency

USD

Currencies

USD, EUR, CHF

Minimum Investment (Institutional)

$1,000,000.00

Distribution Policy

Accumulating

Trade Frequency

Daily

Dealing Cutoff

17:00 CET

Management Fee (Institutional)

Up to 1.00%

TNAEI

The Tortoise North American Energy Infrastructure Fund, a UCITS fund, focuses on the large and diverse North American pipeline universe, providing access to the sizable pipeline network of one of the world’s largest consumers of energy. The fund has the ability and flexibility to access traditional pipeline corporations alongside MLP-related securities. We believe these pipeline companies have strong business fundamentals and expanded growth opportunities.

Key reasons to invest:

  • Attractive total return potential in a defensive sector
  • Access to real, long-lived pipeline assets essential to functioning of North American and global economies
  • Exposure to expanded pipeline infrastructure growth projects that connect new areas of supply with demand
  • Access to dedicated leader in North American energy investing
  • Tortoise Capital Advisors is one of the largest investment managers of U.S. registered energy infrastructure funds

Sector Allocations

As of 31/01/2020

Top 10 Holdings *

as of 31/01/2020
Name Fund Weight
Kinder Morgan, Inc.
9.3%
ONEOK, Inc.
8.8%
TC Energy Corporation
7.7%
The Williams Companies, Inc.
7.3%
Cheniere Energy, Inc.
7.3%
Name Fund Weight
Pembina Pipeline Corporation
4.9%
NextEra Energy, Inc.
4.9%
Enbridge Inc.
4.9%
Sempra Energy
4.6%
Inter Pipeline Ltd.
4.6%

Time Period:

Net Performance as of 31/12/2019

  1. Period from fund inception (9/12/2016) through 31/12/2019.

Net Performance as of 31/01/2020

  1. Period from fund inception (9/12/2016) through 31/01/2020.

Performance data quoted represent past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. 

The Tortoise North American Pipeline Index^SM^ (“the Index”) is a float-adjusted, capitalization weighted index of North American energy companies primarily engaged in the production of crude oil, condensate, natural gas or natural gas liquids (NGLs). Returns include reinvested distributions and dividends. The Index is the exclusive property of Tortoise Index Solutions, LLC, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) to calculate and maintain the Index. The Index is not sponsored by S&P Dow Jones Indices or its affiliates or its third party licensors (collectively, “S&P Dow Jones Indices”). S&P Dow Jones Indices will not be liable for any errors or omission in calculating the Index. “Calculated by S&P Dow Jones Indices” and its related stylized mark(s) are service marks of S&P Dow Jones Indices and have been licensed for use by Tortoise Index Solutions, LLC and its affiliates. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“SPFS”), and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). It is not possible to invest directly in an index.

Nav History

(as of 25/02/2020)

Tortoise North American Energy Infrastructure Fund TNAEI

Performance
Operational Fact Sheet

German Tax Information

Date Class/Name Interim Profit (per share) Equity Profit (% per share) Equity Profit Corporation Tax Act (% per share) Accumulated DDI (per share) Real Estate Profit (per share)
25/02/2020

As of 25/02/2020

This Fund is passported in Luxembourg, the UK, Germany and Switzerland; access to information on this Fund is not intended for prospective European investors outside of these jurisdictions other than under a local regulatory exemption.