CB GLBL Infrastructure Value (Hedged) Active ETF (CIVH) Review & Analysis
- −4.5% in September (total return), behind the median property & infrastructure ETF at −3.9%.
- Investors added a net $6.5m (0.7% of the fund).
- The unit price closed the month at $1.06, near its 12-month low (range $1.06 to $1.35).
About CIVH
CIVH is an actively managed global infrastructure fund with a value focus. The manager builds a relatively concentrated portfolio of listed infrastructure companies around the world, such as utilities, toll roads, airports, rail, pipelines and communications assets, aiming to buy them below what it judges they are worth. Currency exposure is hedged back to Australian dollars.
Infrastructure businesses usually earn steady, often inflation-linked revenue, which can make them less volatile than the wider sharemarket. Compared with its income-focused sister fund, CIVH puts more weight on valuation and total return than on the size of distributions, which are unfranked. Hedging removes most of the effect of the Australian dollar. Key risks include rising interest rates, regulatory changes and a fee that is high compared with index funds.
CIVH may suit investors wanting an actively managed, hedged infrastructure holding as a satellite next to shares and bonds. Its sister funds are CIIH and the unhedged CUIV, and IFRA is a low-cost index option; see CIIH vs CIVH, CIVH vs CUIV and IFRA vs CIVH.
CIVH distributions and dividend dates
CIVH pays distributions monthly, with payment about 11 days after the ex-date. (Pattern estimated from recent payments.)
The latest distribution was $0.016 per unit (0% franked), ex-distribution on 1 October 2026 and paid on 12 October 2026. To receive it you need to own CIVH before the ex-date.
Its distribution yield over the past 12 months is about 19.3%. Distributions vary and past payments are not a guide to future ones.
From ASX announcements, updated nightly. See every ETF in the dividend calendar.
Compare CIVH with
| Fee | 1.02% | 1.02% |
| 1 year | +9.6% | +10.5% |
| 5 yrs p.a. | – | – |
| Size | $1.0bn | $1.4bn |
| Fee | 1.02% | 0.97% |
| 1 year | +9.6% | −0.4% |
| 5 yrs p.a. | – | – |
| Size | $1.0bn | $678m |
| Fee | 1.02% | 0.20% |
| 1 year | +9.6% | +5.3% |
| 5 yrs p.a. | – | +5.3% |
| Size | $1.0bn | $2.1bn |
| Fee | 1.02% | 0.15% |
| 1 year | +9.6% | +5.7% |
| 5 yrs p.a. | – | – |
| Size | $1.0bn | $1.9bn |
CIVH price by TradingView
| Stock Code | CIVH |
|---|---|
| Fund Manager | ClearBridge |
| Asset Class | Property & infrastructure |
| AUM | $1.0bn |
| MER (%) | 1.02% |
| Net flows (Sep) | +$6.5m |
| Last Price | $1.06 |
| 52-Week Range | $1.06 – $1.35 |
| Bid/Ask Spread | 0.46% |
| Listing Date | 14/04/2025 |
| Exchange | ASX |
| Index | None: actively managed. See the PDS for its benchmark |
| Issuer website | ClearBridge ↗ |
Performance (% return)
$10,000 invested…
Value at 30 September 2026 with distributions reinvested, before tax and brokerage.
Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.
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