Canadian Pension Plans have 10% of their assets in Infrastructure Investments

What are Infrastructure Assets?

Infrastructure assets provide essential services in a supply-constrained manner to large portions of the population. Infrastructure businesses provide investors returns.

• Transportation

• Communication

• Renewable energy

• Power generation

• Utilities

• Midstream energy

• Financial technology

• Information technology

• Cell towers

• Data centres

Why Invest in Infrastructure Assets?

Predictable and Steady Income - Many infrastructure assets operate as government-regulated monopolies and, as a result, enjoy high barriers to entry These monopolies typically

- Historically, the performance of infrastructure securities has exhibited low correlation with other asset classes1,2 This means that adding infrastructure result in the portfolio generating higher returns for the same amount of risk.

- Revenues for many infrastructure and real long term returns. For other infrastructure assets, such as water and electricity utilities, the necessity of their services term as consumers absorb price increases.

Enhanced Risk-Adjusted Return Potential - Historically, listed infrastructure has generated competitive performance relative to global equities with lower volatility 3 The strong operational with high barriers to entry produce sustainable, long-term returns in the form of attractive dividend income and capital appreciation .

1Correlation measures the extent to which two items move in the same direction. A correlation value of 1 means two items move closely in the same direction, while 0 means they do not move closely at all in either direction, and -1 means the items move in opposite directions.

2Source: Infrastructure Investing: A Distinct Asset Class, InstarAGF, October 8, 2015.

3Source: Cohen & Steers, Built to last: Investing in listed infrastructure, April 30, 2022.

Access global infrastructure assets with Starlight Capital

Starlight Investments Capital LP (“Starlight Capital”) funds are actively-managed, concentrated portfolios of 25 to 45 global securities. Our portfolio managers have a long track record of delivering strong risk-adjusted returns with high active share and demonstrated downside protection.

Starlight Capital is an independent Canadian asset funds and ETFs in October 2018. Since then, the team and its AUM have grown steadily reaching over $1B assets under management in 2022.

The Starlight Global Infrastructure Fund (NEO: SCGI) gives investors the opportunity to invest in large long-term assets that provide essential services.

Globally listed infrastructure allows Starlight Capital to invest in sectors not available in Canada where we see value and we invite you to partner with us.

Starlight Capital is a wholly-owned subsidiary of Starlight Investments.

Infrastructure Assets

Starlight Global Infrastructure Fund – ETF (NEO: SCGI)

Fund Overview:

The Fund’s investment objective is to provide regular current income by investing in companies with either direct or indirect exposure to infrastructure.

ETF Facts

Inception date: October 02, 2018

Distribution Frequency: Monthly

Distribution Yield: 5.27%

2021 Tax Treatment 35% ROC

2021 30 Distribution Increases Averaging 8.1%

Who is this fund for?

Investors who:

• Are seeking a balance of current income and the potential for long-term capital appreciation

• Are seeking to add global hard asset to your investment portfolio

• Are planning to hold your investments for the long term

Asset Allocation Sector Allocation Geographical

*Excludes cash and cash equivalents

Source: Starlight Capital. As of November 30, 2022.