Cars Motorcycles and Marine Inc. (MOTO)

Overview

The fund is dedicated to investing in the burgeoning field of Smart Transportation, targeting companies across the globe that are at the forefront of innovating and producing products or services aimed at making transportation safer, cleaner, and more interconnected. By focusing on equity securities of domestic and foreign firms involved in smarter, more sustainable transportation solutions and technologies, the fund positions itself in a sector poised for growth. It commits at least 80% of its net assets, plus any borrowings for investment purposes, to companies and technologies that are paving the way for advancements in the transportation industry. This strategic allocation underscores the fund's dedication to contributing to the evolution of transportation towards more efficient, environmentally friendly, and interconnected systems.

Products and Services

The fund’s investments are concentrated in two primary segments within the Smart Transportation domain:

• Smart Transportation Companies: These are companies involved in the rigorous development and production of innovative transportation solutions. The fund targets firms enhancing the safety, efficacy, and environmental sustainability of transportation through advanced technologies. This includes electric vehicle manufacturers, developers of autonomous driving technologies, and companies creating infrastructure for cleaner, smarter cities. The objective is to support the growth of enterprises that contribute to reducing carbon footprints and improving transportation safety and efficiency.
• Technology Companies Offering "Transportation as a Service" (TaaS): The fund also invests in Technology companies that are revolutionizing how transportation services are accessed and utilized by the public. This includes a wide spectrum from ride-sharing platforms to companies providing on-demand vehicle services, logistics, and fleet management solutions powered by cutting-edge technologies. By investing in these sectors, the fund champions the transition towards a more accessible, efficient, and seamless movement of goods and people, facilitated by technological innovation and service integration.