Rebuilding US infrastructure may be profitable for the very rich

PRESIDENT-ELECT Donald Trump has spoken of spending US$1 trillion over the next decade to rebuild and repair the nation's sagging infrastructure. Apart from offering big tax breaks to participating developers, few details of the Trump plan have emerged.

But US$1 trillion is hard to ignore, and investors looking to profit have numerous infrastructure mutual funds and exchange-traded funds to choose from, though all of them have certain drawbacks.

For one thing, most infrastructure funds own assets of limited scope, such as utilities, pipelines and railroads.