RIFR

RIFR is a concentrated portfolio of infrastructure companies from around the world. Such companies operate in electricity, natural resources, alternative energy, transportation, telecommunications, water, healthcare, and education. The fund utilizes a multi-manager, multi-style framework that combines insights from multiple unaffiliated sub-advisors. These sub-advisors provide model recommendations across investment styles. The manager then aggregates the models in a composite portfolio and applies a quantitative optimization process alongside qualitative assessments. The strategy aims to reflect the most optimal trade-off among risk/return factors, transaction costs, and turnover. Positions focus on exposures like value, growth, momentum, quality size, volatility, and sector positioning, while controlling for turnover, transaction costs, position sizes, and overall portfolio weightings. Investments include common and preferred stocks, partnership interests, REITs, and derivatives.