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Infrastructure
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=== Core === [[File:Blick auf A 2 bei Raststätte Lehrter See (2009).jpg|thumb|upright=1.1|An ''[[Autobahn]]'' in [[Lehrte]], near [[Hanover]], Germany]] Core assets provide essential services and have monopolistic characteristics.<ref name="Pease">{{Cite web|url=http://www.ncpers.org/files/Conference%20Docs/Public%20Safety/2014%20Handouts/Robert%20Pease_Tuesday.pdf|title=Infrastructure Investment Opportunities for Public Safety Plans|last=Pease|first=Bob|date=October 28, 2014|access-date=April 25, 2018|archive-date=April 20, 2021|archive-url=https://web.archive.org/web/20210420164714/https://www.ncpers.org/files/Conference%20Docs/Public%20Safety/2014%20Handouts/Robert%20Pease_Tuesday.pdf|url-status=dead}}</ref> Investors seeking core infrastructure look for five different characteristics: income, low volatility of returns, diversification, inflation protection, and long-term liability matching.<ref name="Pease" /> Core infrastructure incorporates all the main types of infrastructure, such as roads, highways, railways, [[public transportation]], water, and [[Gasoline|gas]] supply.
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