Diversified Utility and Energy Trusts (DUET)

Growing a diversified portfolio of energy utility assets with strong competitive positions that offer predictable cash flows

DUET provides investors with exposure to Australian infrastructure equity with the liquidity advantages of a sharemarket listing. The investment aims to provide both capital gain and income.

Investors can gain exposure to

• the Dampier to Bunbury Natural Gas Pipeline (DBNGP), a major natural gas transmission pipeline in Western Australia
• United Energy Distribution (UED), one of five electricity distribution networks in Victoria
• Multinet, one of three Victorian gas distribution networks
• Alinta Networks, the largest distributor of natural gas in Western Australia
• Duquesne Light Holdings, a publicly listed energy business in Pittsburgh, USA

About DUET

DUET is made up of interests in two listed trusts that invest principally in Australian and New Zealand utility and energy assets. It was established in June 2003 as wholesale unit trusts. On 13 August 2004 DUET listed on the Australian Stock Exchange at a premium to the issue price of $2.29 per stapled unit and trades under the ASX code of DUE. The Responsible Entities of DUET are jointly owned by AMP Capital Holdings and Macquarie Bank Limited.

How do I invest?

As DUET stapled units are listed on the Australian Stock Exchange (ASX), trading of units must be conducted through an ASX registered stockbroker. The ASX website www.asx.com.au can provide further details on ASX registered stockbrokers.

 

The information on this website does not take into account an investors personal objectives, needs or financial situation. We suggest investors consider professional financial advice before investing.