Vanguard Global Infrastructure Index is in our “high conviction” portfolio and has now rallied from the $52 support level.
We see continued upside for the fund, which offers investors diversified exposure to infrastructure sectors, including transportation, energy and telecommunications.
Since writing the above post, Vanguard Global Infrastructure Index has rallied 10%.
Further upside is likely over the next 12 months and we see scope for another 10 to 20% increase from the current level.