Infrastructure funds may have been building interest ever since President Barack Obama announced his commitment to rebuilding America's infrastructure, but the managers of the First American Global Infrastructure fund have been laying the groundwork for years.

"We want to provide a very unique asset allocation to investors that is different than other assets in their portfolio," said Jay Rosenberg, lead portfolio manager of infrastructure for FAF Advisors and co-manager of the global infrastructure fund. "Infrastructure is a discrete asset class that provides stable and reliable cash flow streams."

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