Key Highlights

Annual Yield of 16.51% with quarterly distributions totaling 0.118 per unit

Unhedged currency exposure providing potential currency upside or downside

Focused portfolio of 34 infrastructure companies emphasizing value characteristics

Utilities sector concentration at 57.17% with industrials representing 26.72%

CUIV generates an annual yield of 16.51% with distributions of 0.118 per unit. The distribution history reveals 0.040 distributed in April 2026 and January 2026, 0.020 in October 2025, and 0.041 in July 2025. This consistent quarterly distribution pattern reflects the income-generating characteristics of infrastructure holdings, which typically provide dividends from operational revenues and distributions from Investment entities.

The fund size of AUD 714.71 million supports a focused portfolio approach with approximately 539.4 million units outstanding. This asset base enables meaningful positions in selected infrastructure securities while maintaining Diversification across multiple holdings.

CUIV maintains a concentrated portfolio of 34 companies, representing an active management approach focused on selecting infrastructure securities believed to offer attractive value characteristics and income potential. This concentrated structure differs substantially from broader-based infrastructure indices, reflecting the fund management team's conviction in selected holdings.

The top 10 holdings represent 40.95% of portfolio value, with significant positions in Severn Trent PLC (5.17%), Entergy Corp (5.04%), TC Energy Corp (4.42%), and Getlink SE (3.93%). These large positions reflect the fund's focus on Utility and transportation infrastructure companies demonstrating strong income characteristics.

Despite the concentrated holding structure, CUIV maintains geographic diversification across North America, Europe, and other developed markets. The United States represents 36.78% of exposure, Canada comprises 15.45%, France accounts for 14.43%, and Germany represents 9.70% of the portfolio. This geographic allocation reflects the availability of infrastructure investment opportunities across developed markets.

The fund exhibits substantial concentration in infrastructure-related sectors. Utilities represent 57.17% of the portfolio, Industrials comprise 26.72%, and Energy accounts for 16.11%. This sector weighting reflects the fund's infrastructure mandate, targeting companies whose primary Business involves utilities, transportation, and energy-related infrastructure operations.

Unlike the hedged variants of infrastructure funds, CUIV maintains unhedged currency exposure to underlying holdings. This structure means that portfolio returns incorporate both the performance of infrastructure securities and the impact of currency movements between the Australian dollar and currencies in which underlying holdings are denominated. Investors benefit from potential currency appreciation but face losses from currency depreciation.

The fund applies active management with a Turnover ratio of 25.40%, indicating moderate portfolio adjustments during reporting periods. The management fee of 0.97% reflects the costs of active security selection and portfolio monitoring focused on value characteristics and income generation.

Conclusion

The CB Global Infrastructure Value Active ETF offers investors exposure to global infrastructure securities with unhedged currency exposure and a 16.51% annual yield. The focused portfolio of 34 companies reflects active management conviction in selected infrastructure investments. The unhedged structure provides potential currency upside for Australian investors but introduces currency Volatility not present in hedged alternatives. With substantial allocation to utilities and industrials sectors, CUIV addresses income requirements while providing infrastructure exposure. Investors should evaluate their currency Risk tolerance and investment time horizon before committing Capital to unhedged international infrastructure strategies.