Kensington Investment Group is set to launch the Kensington Global Infrastructure Fund, a first-of-its-kind in the U.S. next week. The fund will offer investors exposure to a portfolio of exchange-traded companies providing vital services for the growth and development of communities around the world.

The fund will be benchmarked against the S&P Global Infrastructure Index, which tracks infrastructure companies. The Orinda-Calif.-based company expanded the asset class to include communications, social services and companies involved in construction.

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