Gravis Advisory launches digital infrastructure fund

Switch to digital economy 'hastened' by pandemic

Gravis Advisory has added a fourth OEIC to its existing range with the launch of the VT Gravis Digital Infrastructure Income fund, targeting the rapid growth of the digital economy.

The new offering will be managed by Matthew Norris, Gravis' director of real estate securities, and will invest in companies which own physical infrastructure assets that are "vital" to the digital economy, including data centres, telecom towers, fibre optic cable companies, logistics warehouses, and the digitalisation of transportation.  The offer period runs from today (4 May) to 31 May, and the fund will officially launch on 31 May. It will target an annual dividend yield of 3% by investing in real estate investment trusts, equities and bonds. Japanese financial services firm snaps...