Advance European Infrastructure

Advance European Infrastructure is an actively managed, sector-focused open-end mutual fund, created and managed by Karoll Capital Management. The fund aims for long-term capital appreciation through strategic investments in shares of European publicly traded companies that own, manage and derive income from infrastructure assets across Europe. The fund also invests in shares of companies with business in Central and Eastern Europe, based on the long-term expertise of our team in this region. The investment horizon is long-term, while maintaining strict discipline to effectively manage concentration and liquidity risks.

The fund's strategy consists of selecting individual shares of industrial companies from across Europe without restrictions. The fund will invest in infrastructure sectors such as transport, energy, construction, utilities, digital and social infrastructure, and defense. These investments typically offer stable and predictable cash flows, long asset life, inflation-linked income and defensive features, making them an attractive option across economic cycles. At the same time, this type of investment also captures growth opportunities. The management company applies liquidity criteria that serve as an initial filter for selecting stocks, which are then analyzed in detail.The fund will also seek to actively participate in IPO transactions in both Western and Eastern Europe. Our investment specialists conduct a thorough bottom-up fundamental financial analysis of the key characteristics of the companies, focusing on cash flow forecasts, financial stability, management quality and regulatory environment.