The objective of this fund is to track the performance of MSCI ACWI IMI Future Mobility ESG Filtered Index and minimize the tracking error between the net asset value of the fund and the performance of the index.
Fund Exposure
This fund is exposed to equity asset class with a focus on companies expected to derive significant revenues from energy storage technologies, autonomous vehicles, shared mobility, and new transportation methods. The geographical breakdown includes a significant exposure to the United States and Japan, with top holdings in companies such as NVIDIA Corp, Hitachi Ltd, and Uber Technologies Inc.
Risks
The fund is subject to market risks, including the potential for losses due to market movements or inability to pay investors. Additionally, there may be risks associated with tracking error between the fund and the benchmark index.