Admans, who is investment research manager at The Share Centre, believes the fund is set to profit as the infrastructure sector has and will continue to surge over the coming years.
"Infrastructure investment continues to be a major theme for investors and is likely to make the headlines for years to come," he said.
"It is the strength and integration of an economy’s infrastructure that in the long-term determines its competitiveness and in the shorter term helps to stimulate the marginal propensity to consume."
"Investment is driven by structural drivers such as urbanisation, globalisation of trade, mobility, communication and security of energy."
Admans says that First State Global Listed Infrastructure is a perfect choice for investors who want access to infrastructure and a sustainable income stream.
"The First State Global Listed Infrastructure fund provides an investor with a lower risk exposure to the major themes that support economic growth," he continued.
"The fund is suitable for investors wanting global equity exposure, whilst retaining a defensive and more balanced return."
"It is managed on a high-conviction basis. It typically invests in around 40 stocks, which is concentrated when compared with the broad universe of funds."
"It can invest up to 20 per cent of the portfolio in emerging market companies; however this is down to the manager’s discretion and subject to the fund's strict investment criteria."
According to FE Analytics, the £513m First State Global Listed Infrastructure fund has returned 24.48 per cent since its launch in October 2007, compared with 3.06 per cent from the IMA Global sector over this time.
Performance of fund vs sector since October 2007
Source: FE Analytics
The fund has registered top-quartile performance over three and five years, however it should be noted that the majority of portfolios in the IMA Global sector do not have an infrastructure mandate.
Along with the fund’s good return on capital, it has a yield of 2.92 per cent.
FE data shows First State Global Listed Infrastructure’s highest regional weighting is to North America, with a 36.2 per cent exposure.
The fund is co-managed by Peter Meany and Andrew Greenup. It has a total expense ratio (TER) of 1.62 per cent and a minimum investment of £1,000.
Jason Hollands (pictured), managing director of communications at Bestinvest, likes the First State fund but says investors should realise exactly what they are buying into as it differs from traditional infrastructure portfolios.
"First State Global Infrastructure has a good track record and we like infrastructure as a theme, especially in an environment with anaemic private sector growth.""However, the fund is a specialist global equity income fund," he warned.
"We prefer to access infrastructure through actual, physical and operational projects rather than specialist equity funds as the former provide a high degree of security and should be less volatile than what are, ultimately, equities."
He added: "Physical infrastructure funds are fundamental yield plays whereas infrastructure equity funds are total return investments with lower yields."
Hollands highlights the John Laing Infrastructure IT as his first choice for tapping into the infrastructure market.