UIL Ltd

UIL Limited is a closed-ended equity mutual fund launched and managed by ICM Limited. It invests in public equity markets worldwide, focusing on value stocks of companies in infrastructure, utility, and related sectors such as water, sewerage, waste, electricity, gas, telecommunications, ports, airports, services, rail, and roads, as well as businesses with essential service or monopolistic characteristics. The fund uses fundamental analysis, emphasizing sound balance sheets, good cash flows, dividend sustainability, strong asset bases, and market conditions. It benchmarks performance against the FTSE Utilities Index, FTSE All-Share Index, and Dow Jones World Utilities Index. Formerly known as Utilico Investments Limited, UIL Limited was formed in August 2003 and is domiciled in Bermuda.