What does AGLI mean in UNCLASSIFIED

Argo Global Listed Infrastructure (AGLI) is an exchange-traded fund that seeks to provide broad exposure to the global infrastructure sector. The fund invests in securities of companies that own, develop, finance, or operate infrastructure assets worldwide such as transportation and toll roads, utilities, metals and mining, renewable energy, communications infrastructure, and other similar assets.

AGLI may be suitable for investors who are looking for a diversified portfolio of global infrastructure investments and access to a variety of asset classes across the globe. The fund can be used to complement other core holdings in a portfolio or form the basis of a standalone investment strategy.

The Fund employs an indexing approach by investing typically at least 90% of its total assets in the securities of the Underlying Index; it generally does not deviate materially from the Underlying Index’s composition and relative weightings. Allocations within each index constituent are also managed according to pre-set rules regarding diversification ensuring that no one security makes up more than 5% of the Fund’s holdings at any given time.

Like most investments, there is always some risk involved before investing in any funds. In addition to general market fluctuation risks associated with stocks and bonds, there are specific risks associated with investing in this type of exchange-traded fund including foreign currency risk, liquidity risk and Concentration Risk due to heavy exposure towards one particular industry/sector or region. Investors should also be aware that Historical Performance may not provide accurate indications of future performance and all investments return money over time.

AGLI provides broad global exposure across sectors such as transportation and toll roads, utilities, metals and mining, renewable energy and communications infrastructure by investing at least 90% of its total assets in the underlying index constituents which are generally well diversified geographically allowing investors to gain exposure without large single company concentration risk while maintaining exposure across multiple asset classes within the same ETF wrapper.

One advantage that comes with investing in AGLI is its use as a core holding for providing broad global exposure within different asset classes such as stocks & bonds without large single company concentration risk present in some open ended mutual funds or individual stock portfolios. Other benefits include comparatively low costs & expenses associated with ETF's when compared to actively managed funds plus added liquidity associated with this type of investment vehicle. Additionally, investors will have greater transparency into their holdings since ETF's maintain transparent portfolios which changes daily along with real time pricing availability throughout most trading days.

Management fees charged by AGRI are relatively low compared to actively managed funds; they range from 0.30%-0.50%. Expense ratio is 0.45%. As with all investments there may be additional transaction costs including brokerage commissions that need to be accounted for depending on your particular broker's rate schedule.

Yes it may be different than other investments since certain taxes may apply upon sale depending on how long you held your position & regulations applicable at the time based on your particular country or region but this information must be provided by qualified tax professional prior taking any actions regarding your potential tax liability.