A second bite at AIX cherry

With the potential sale of AIX’s assets to the Future Fund and the return of all proceeds to securityholders, there’s a quick profit on offer.

Although there were periods of despondency and frustration, over the years we’ve done very well from Australian Infrastructure Fund. Last recommended on 1 Jul 09 (Buy for Yield - $1.31), we sold out just over three years later on 24 Aug 12 (Sell - $3.13).

This latest situation won’t deliver a 139% capital gain but it’s very interesting all the same. Certainly, the wait won’t be as long.

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