Feeling Nervous?

Time to go defensive? This company holds investments in Airports, electricity generation, both conventional & renewable, public transport, oil production/refining/retailing, retirement villages in both Australia & New Zealand, property development, outdoor advertising and public/private infrastructure funding. With a 21 year average return of 18%pa, they are recognized as New Zealand's best long term investment. Their dividend yield is unfranked at 2.64% but they have a good record of special dividends, when an appropriate investment from previous sale proceeds can't be identified within a specified time frame. So, if you are looking for a 'set & forget' long term investment, Infratil ASX (IFZ) is worthy of consideration.