Brookfield Infrastructure Partners L.P. ( TSX:BIP.UN )( NYSE:BIP ) may be one of the most overlooked opportunities on the TSX. Over the past eight years, Brookfield has grown its funds from operations at an incredible compound annual growth rate of 23% including M&A, and 12% without M&A. Brookfield managed this while maintaining a dividend yield of about 6%, a beta of 0.38 (which means the stock is significantly less volatile than the overall market), and seven consecutive years of dividend growth (out of nine years in business) at a compound annual growth rate of 12%. For Brookfield, however, the opportunity lies in the future, not in the past. The company is targeting impressive long-term annual funds-from-operations growth of 6-9% annually, and this growth rate does not include the effects of M&A opportunities. This is extremely low-risk growth, and the market is currently pricing in significantly less than that.