Highlights

  • The active ETF invests in listed infrastructure businesses across global markets.
  • A 30 October 2026 reference price and franking figure provide dated context for the fund.
  • The fund seeks a combination of income and capital growth rather than a fixed payment.
  • Quarterly distributions can differ from the income earned by underlying companies.
  • Currency movements and infrastructure regulation influence portfolio outcomes.

ClearBridge Global Infrastructure Value Fund Active ETF (ASX:CUIV) invests in global listed infrastructure securities, aiming to generate income and capital growth through an actively managed portfolio. On 30 October 2026, CUIV was priced at $1.265, with a stated franking figure of 0%. These figures provide dated context for a fund whose distributions depend on its underlying investments and the tax character of amounts paid to unitholders.

Where the Portfolio Invests

Rather than owning infrastructure assets directly, the fund holds securities issued by businesses operating essential services. Infrastructure investment can encompass utilities, energy networks and transport-related assets, among other companies whose activities are connected with long-lived physical networks. Exposure to different businesses and jurisdictions means their operating conditions, regulatory frameworks and financial results need not move together.

The investment process is active: the manager selects individual securities through fundamental research instead of seeking to replicate a fixed index. The fund’s objective combines income from dividends, distributions and interest with capital growth. That objective describes the investment approach, not a guarantee of either income or positive returns.

How Distributions and Franking Work

The fund identifies a quarterly distribution frequency, although the amount available for payment can vary. Any income received from portfolio companies may be affected by dividend decisions, financing costs and currency exchange rates. Consequently, the amount distributed in one quarter need not match that in another.

The 0% franking figure associated with (ASX:CUIV) on 30 October 2026 should not be interpreted as a fixed franking rate for every future distribution. Franking describes the Australian tax credits that may attach to eligible distributions; the actual tax components of a fund payment depend on its distribution and tax statements. A quoted franking percentage alone does not establish the distribution amount or cash yield.

For (ASX:CUIV), the income objective also needs to be distinguished from the market value of units. A distribution reduces the fund’s assets when paid, while unit prices may respond to portfolio values and trading conditions. Distribution announcements, not the quoted unit price, establish payment amounts and dates.

Currency Exposure, Costs and Other Risks

The fund does not hedge its currency exposure. As a result, movements in the Australian dollar can influence reported portfolio values even where the underlying businesses have not changed their local-currency performance. Global diversification also introduces differing economic, taxation and regulatory conditions.

According to the fund’s published product information, management fees and costs are 0.974%. These costs are relevant when comparing reported investment outcomes over time. Portfolio companies can face changes to regulated tariffs, demand, borrowing expenses and capital expenditure requirements. Such factors may affect cash flows available for dividends.

The investment objective of (ASX:CUIV) references a benchmark linked to G7 inflation plus an additional margin, but that benchmark is a performance comparator rather than a promised return. The price at which units trade may also differ from the fund’s net asset value.

Key Insights

The central distinction for (ASX:CUIV) is between an income-oriented investment strategy and the actual cash paid to holders. The 30 October 2026 price and franking information describe one dated observation, while the fund’s distribution frequency, unhedged global exposure, active selection process and costs define how it operates. Future distributions and their tax composition must be established from the relevant fund notices.