We invest where value accumulates, not where attention goes
History shows that in every major technology transition, the largest and most durable returns accrue not to the most visible brands, but to the companies that own the scarce, mission-critical layers of the supply chain. Our process systematically identifies where structural constraints exist, in battery chemistry, power semiconductors, critical minerals, and grid infrastructure, and positions the portfolio in the companies best placed to resolve or benefit from those constraints. This approach allows us to identify high-conviction opportunities before they become consensus holdings, and before the market fully prices in their strategic importance.
Beyond the vehicle. Into the ecosystem.
It took a century to build the global automotive industry. It is being rebuilt from the ground up in a generation. The shift to electric mobility is not a product cycle or a policy trend, it is a structural reorganisation of one of the world's largest industrial value chains, touching everything from the minerals in the ground to the grid that charges the vehicle.
Thematica – Future Mobility is built to capture that opportunity across its entire architecture, at every layer, and before the market prices it in.
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EVs projected on the road by 2035840M+
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Share of new car sales projected to be electric by 203550%+
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The year the world completes its shift to electric mobility2050
The full EV value chain, captured at every critical node
Critical Minerals →
Battery Materials →
Battery Manufacturers →
Semiconductors →
EV Components →
EV Manufacturers →
Grid Infrastructure →
Power Generation
Long-term growth. Managed for consistency.
Electrification is a multi-decade structural shift, but thematic investing is not immune to market cycles. Thematica – Future Mobility is built to capture the structural upside while actively managing the volatility that comes with it. The goal is not simply to track the direction of the EV transition, but to convert its momentum into consistent, risk-adjusted returns.
We do this through deliberate portfolio construction, selecting holdings for meaningful exposure to the transition, while maintaining diversification across companies, geographies, and parts of the value chain that don't move in lockstep. This reduces correlation within the portfolio, smoothing drawdowns without sacrificing participation in the structural theme. Position sizing is calibrated to conviction, not index weight, and no single company, technology, or geography determines the outcome.
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Meaningful exposureMeaningful exposure, not pure-play concentration, holdings selected for genuine participation in the EV transition without sacrificing diversification
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Low internal correlationLow internal correlation, spread across materials, semiconductors, manufacturers, components, and grid infrastructure, the portfolio is designed to avoid simultaneous drawdowns across all positions
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Active position sizingActive position sizing, calibrated to structural conviction, not index weight or market capitalisation
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Valuation disciplineValuation discipline, long-term growth themes require patience, but not at any price
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No single point of failureNo single point of failure, no one company, technology, geography, or policy decision determines the portfolio's outcome
