TOLZ: An ETF Focused Exclusively on Pure-Play Infrastructure
November 13, 2019 at 13:03 PM EST
Pure-play infrastructure companies are the owners and operators of infrastructure assets, such as toll roads, airports, pipelines and communication towers. With their near monopolistic positions, continual demand and limited sensitivity to economic cyclicality, these companies, as a group, have had stable, predictable cash flows, attractive yields and are poised to benefit from increasing global infrastructure spending. What are some of these companies, and what kind of services do they provide? Let’s take a look.