Advisers

We invest in global companies driving change that we expect to dominate our world in the next 3 to 5 years.

Fund Performance

Performance Summary As at 31 March 2026*

1m3m6m 1y3y p.a.5y p.a.7y p.a.Inception p.a
Fund (net-of-fees)-0.38%-6.97%-7.80%+12.59%+23.07%+13.83%+17.62%+19.04%
Benchmark-4.07%-6.20%-3.88%+8.78%+15.52%+11.72%+12.10%+12.72%
Outperformance (net-of-fees)+3.69%-0.77%-3.93%+3.81%+7.55%+2.11%+5.51%+6.32%

Source: Loftus Peak, Bloomberg. Net-of-fees performance for the Loftus Peak Global Disruption Active ETF is based on end-of-month redemption prices after the deduction of fees and expenses and the reinvestment of all distributions. Investment return and the principal value fluctuate, so your units, when sold, may be worth more or less than the original cost. For further details, please refer to the Fund’s Product Disclosure Statement. The benchmark for the Fund is the MSCI All Countries World Index (net) as expressed in AUD from Bloomberg. Past performance is not a reliable indicator of future performance. Returns greater than one-year are annualised.

1m3m6m 1y3y p.a.5y p.a.7y p.a.Inception p.a.
Fund (net-of-fees)-4.26%-4.64%-5.27%+21.88%+21.64%--+19.99%
Benchmark-6.37%-2.70%+0.85%+18.99%+16.12%--+14.84%
Outperformance (net-of-fees)+2.11%-1.94%-6.12%+2.90%+5.52%--+5.15%

Source: Loftus Peak, MSCI. Net-of-fees performance for the Loftus Peak Global Disruption Hedged Active ETF is based on end-of-month redemption prices after the deduction of fees and expenses and the reinvestment of all distributions. Investment return and the principal value fluctuate, so your units, when sold, may be worth more or less than the original cost. For further details, please refer to the Fund’s Product Disclosure Statement. The benchmark for the Fund is the MSCI All Countries World Index (net dividends reinvested) hedged to Australian dollars. Past performance is not a reliable indicator of future performance. Returns greater than one-year are annualised.

1m3m6m 1y3y p.a.5y p.a.7y p.a.Inception p.a.
Fund (net-of-fees)-3.93%-7.82%-3.90%+3.87%+28.32%+8.49%+13.81%+14.84%
Benchmark-0.43%-3.03%+2.52%+8.37%+18.68%+13.59%+13.00%+13.00%
Outperformance (net-of-fees)-3.49%-4.79%-6.42%-4.49%+9.63%-5.10%+0.82%+1.84%

Source: Loftus Peak, MSCI. Past performance is not a reliable indicator of future performance. Returns greater than one-year are annualised. Net-of-fees performance for the Fund is based on end-of-month redemption prices after the deduction of fees and expenses and the reinvestment of all distributions. Investment return and the principal value fluctuate, so your units, when sold, may be worth more or less than the original cost. For further details, please refer to the Fund’s Product Disclosure Statement, Information Booklet and Target Market Determination. The data source for the Fund's benchmark was changed from Bloomberg to MSCI effective 29 February 2024. All data prior to this date remains unchanged. Loftus Peak Pty Limited replaced Orca Funds Management as the Investment Manager of the Fund on 1 March 2024.

Thematic Exposure
Data as at 28 February 2026, Loftus Peak Global Disruption Active ETF Holdings are published monthly to the ASX with a 1-month lag.
Our current portfolio of global disruptive companies.

Investment Management Leadership

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Alex Pollak

CIO and Founder

With 25 years’ experience in disruptive business models gained during a career with Macquarie Bank, Alex heads one of the best-performing teams in global investment management in Australia.

He has a deep understanding of the mechanisms through which disruption changes business models and the impact it has on company valuation, with an acknowledged record of identifying thematics early in the investment cycle.

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Anshu Sharma

Portfolio Manager and Founder

Anshu began his career more than 15 years ago as a global investment analyst, covering companies that have now been at the forefront of disruption for over a decade. He later assumed a similar role with a focus on the Asian market, gaining a unique perspective on the global scale and impact of disruptive businesses. In 2014, Anshu became one of the founding members of Loftus Peak and has served as Portfolio Manager of the global disruption strategy since 2015.

At Loftus Peak, his focus has been on developing and executing a repeatable investment process that identifies, values, and risk-adjusts portfolio positions to stay ahead of the market.

Anshu holds a Master of Commerce from the University of New South Wales and a Bachelor of Commerce (Honours) from Delhi University. He is also a Chartered Financial Analyst® and holds the CIPM® certificate.

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Harry Morrow

Senior Investment Analyst

Harry joined Loftus Peak as an analyst in 2018. He is a member of the investment team, with a focus on streaming, digital advertising and health sciences. He supports the Portfolio Manager and Chief Investment Officer through thematic, industry and company analysis as well as modelling for potential and current portfolio holdings.

He has graduated from the University of Sydney with a Bachelor of Commerce, majoring in Finance and Commercial Law. Harry is a CFA Charterholder.

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Raymond Tong

Head of Research

Raymond joined Loftus Peak in March 2024 as Head of Research. Raymond has a strong background in the disruption thematic having developed and managed global disruption portfolios for Orca Funds Management and Evans and Partners Financial Group since 2017. Prior to this, Raymond was a well regarded research analyst at Goldman Sachs, covering the telecom, internet and media sectors.

Raymond has a Bachelor of Mechanical Engineering (Honours) and Commerce (Finance) from the University of Melbourne and has a Chartered Financial Analyst® designation.

Fund Information

Global Equities

Investment Universe

15 November 2016

Fund Inception

$786m

Fund Size

1.20% per annum (inc. GST)

Management Fees1

15%

Performance Fees1,2

Monthly

Fund Updates

Annually

Distribution Frequency
$5.2866
As at
9 Apr 2026 09:50:29 AM
Indicative NAV per unit**
$5.2866
As at
9 Apr 2026 09:50:29 AM

ASX Code: LPGD
ARSN: 098 764 080
APIR: MMC0110AU

Fund Identifiers

MSCI All Countries
World Index (net in AUD)

Benchmark

The risk/return profile of the Fund and benchmark differ due to differences in constituents

1. Management fees are inclusive of Goods and Services Tax (GST) and net of any Reduced Input Tax Credits (RITC). See the Product Disclosure Statement for more details as to how the relevant fees and costs are calculated.

2. 15% in excess of the hurdle return with a high watermark payable six monthly as at 30 June and 31 December each year.

** An indicative NAV per Unit (“iNAV”) for the Fund will be published throughout the ASX Trading Day. The iNAV reflects the real time movements in stock markets and currencies during the ASX Trading Day and, for securities not trading during the ASX Trading Day, listed proxy instruments selected on the basis of correlations with the underlying investments. The proxies and their correlations with underlying instruments are reviewed regularly and updated as required. The iNAV represents the best estimate by the Responsible Entity (“RE”) or its appointed agents of the value per unit in the Fund throughout the trading day. The iNAV published by the Fund is indicative only and might not accurately reflect the underlying value of the Fund. The Issuer or its appointed agents gives no guarantees that the iNAV will be published continuously or that it will be up to date or free from error. To the extent permitted by law, neither the RE or its appointed agent shall be liable to any person who relies on the iNAV. 

Stock Holding Report
Our current portfolio of global disruptive companies.
Ticker: NVDA Weight: 10.35%

Primary Investment Driver

Hardware originally developed for gaming, now a key player in machine learning
NVIDIA designs, develops, and markets three dimensional (3D) graphics processors and related software. The Company offers products that provides interactive 3D graphics to the mainstream personal computer market.

Loftus Peak Thematic(s)

Datacentre

Market Capitalisation (USDm)

4,305,717

Date of Initial Investment

15/11/2016
Ticker: 2330/TSM Weight: 8.12%

Primary Investment Driver

As the world becomes more digitised, it will require more processing power. TSM is a semiconductor manufacturer.
Taiwan Semiconductor Manufacturing Company manufactures and markets integrated circuits. The company provides the following services: wafer manufacturing, wafer probing, assembly and testing, mask production, and design services. TSMC's ICs are used in computer, communication, consumer electronics, automotive, and industrial equipment industries.

Loftus Peak Thematic(s)

Fabrication

Market Capitalisation (USDm)

1,942,761

Date of Initial Investment

15/11/2016
Ticker: META Weight: 7.51%

Primary Investment Driver

Disruption of traditional forms of advertising and advancing new forms of communication.
Meta, formerly Facebook, is a global technology company focused on social media, virtual reality, and artificial intelligence. Key products include Facebook, Instagram, WhatsApp, and Oculus. Meta aims to build immersive digital experiences and connect people worldwide.

Loftus Peak Thematic(s)

Digital Advertising

Market Capitalisation (USDm)

1,640,127

Date of Initial Investment

09/02/2018
Ticker: ROKU Weight: 5.17%

Primary Investment Driver

Disrupting traditional TV delivery mechanisms (cable TV, free- to-air) with more efficient ad mechanisms.
Roku designs and manufactures consumer electronic products. The company offers wireless enabled devices that stream audio and video content from the internet to home entertainment systems. Roku serves customers globally.

Loftus Peak Thematic(s)

Digital Advertising Streaming

Market Capitalisation (USDm)

14,545

Date of Initial Investment

04/12/2018
Ticker: 3750 Weight: 4.97%

Primary Investment Driver

Enabling the shift towards clean and sustainable energy.
CATL is the world’s largest EV battery manufacturer, supplying lithium-ion battery systems to global automakers. It focuses on LFP and NCM chemistries, energy storage systems, and innovative battery technologies to support the electrification of transportation and renewable energy.

Loftus Peak Thematic(s)

Electrification

Market Capitalisation (USDm)

229,590

Date of Initial Investment

22/05/2025
Ticker: LLY Weight: 4.85%

Primary Investment Driver

Innovative pharmaceutical solutions, including groundbreaking treatments for obesity and other chronic diseases.
Eli Lilly is a global pharmaceutical company focusing on innovation in drug development. Key products include treatments for diabetes, cancer, autoimmune diseases, mental health, and obesity. It is dedicated to advancing medical research and improving patient outcomes worldwide.

Loftus Peak Thematic(s)

Treatment

Market Capitalisation (USDm)

992,403

Date of Initial Investment

22/04/2024
Ticker: SPOT Weight: 4.22%

Primary Investment Driver

Digitisation of the music and audio content industry.
Spotify is a leading music streaming service offering a vast library of songs, podcasts, and audiobooks. It provides personalized playlists, discovery features, and social sharing. Key segments include premium subscriptions, ad-supported free tier, and exclusive content.

Loftus Peak Thematic(s)

Streaming

Market Capitalisation (USDm)

105,991

Date of Initial Investment

15/03/2024
Ticker: AMZN Weight: 3.97%

Primary Investment Driver

Originally disrupted brick-and-mortar stores, but is now moving into other verticals such as the cloud, video content production and delivery, as well as healthcare and banking.
Amazon.com is an online retailer that offers a wide range of products. The company products include books, music, computers, electronics, and numerous other products. Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon also operates a cloud platform offering services globally.

Loftus Peak Thematic(s)

Cloud eCommerce

Market Capitalisation (USDm)

2,254,333

Date of Initial Investment

15/11/2016
Ticker: AMD Weight: 3.91%

Primary Investment Driver

Disrupting traditional forms of advertising, such as print, television.
Advanced Micro Devices (AMD) produces semiconductor products and devices. The company offers products such as microprocessors, embedded microprocessors, chipsets, graphics, video and multimedia products and supplies it to third-party foundries, as well as provides assembling, testing, and packaging services. AMD serves customers worldwide.

Loftus Peak Thematic(s)

Datacentre

Market Capitalisation (USDm)

326,425

Date of Initial Investment

11/10/2018
Ticker: UBER Weight: 3.82%

Primary Investment Driver

Revolutionizing ride-sharing, food delivery, and freight services with an on-demand, app-based model.
Uber is a global ride-hailing and logistics company offering services like ride-sharing, food delivery (Uber Eats), and freight. It leverages technology to connect users with drivers and couriers, transforming urban mobility and logistics services.

Loftus Peak Thematic(s)

Platforms & Ecosystem

Market Capitalisation (USDm)

155,223

Date of Initial Investment

30/07/2024
Ticker: MSFT Weight: 3.81%

Primary Investment Driver

Driving the shift to cloud based computing and software.
Microsoft is a global technology leader known for its software, hardware, and cloud services. Key products include Windows, Office, Azure, and Xbox. It serves enterprise and consumer markets, driving innovation in productivity, AI, and gaming.

Loftus Peak Thematic(s)

Cloud Software

Market Capitalisation (USDm)

2,916,341

Date of Initial Investment

15/11/2016
Ticker: AVGO Weight: 3.75%

Primary Investment Driver

Cutting edge semiconductor solutions and infrastructure software, vital for AI, data centers and networking.
Broadcom is a global technology company specializing in semiconductors and infrastructure software. It delivers products for data centers, networking, broadband, wireless, and storage. Key segments include enterprise software, industrial automation, and cybersecurity solutions.

Loftus Peak Thematic(s)

Datacentre

Market Capitalisation (USDm)

1,515,074

Date of Initial Investment

15/11/2016
Ticker: 005930 Weight: 3.54%

Primary Investment Driver

Innovation across consumer electronics, leading semiconductor memory supplier, key semiconductor manufacturer.
Samsung is a global conglomerate known for its diverse technology and electronics products. Key segments include smartphones, consumer electronics, home appliances, and semiconductors. Notable products are Galaxy smartphones, QLED TVs, and memory chips, driving innovation across industries.

Loftus Peak Thematic(s)

Memory

Market Capitalisation (USDm)

894,305

Date of Initial Investment

27/07/2020
Ticker: GOOGL Weight: 3.47%

Primary Investment Driver

Disrupting traditional forms of advertising, such as print, television.
Alphabet Inc. operates as a holding company. The company, through its subsidiaries, provides web-based search, advertisements, maps, software applications, mobile operating systems, consumer content, enterprise solutions, commerce, and hardware products.

Loftus Peak Thematic(s)

Digital Advertising Cloud

Market Capitalisation (USDm)

3,769,428

Date of Initial Investment

15/11/2016
Ticker: ANET Weight: 2.75%

Primary Investment Driver

The growing requirement for connectivity at scale will drive demand for cloud computing infrastructure, supporting better services worldwide.
Arista Networks provides cloud networking solutions for data-centers and computer environments. The Company offers ethernet switches, pass-through cards, transceivers, and enhanced operating systems. Arista Networks also provides host adapter solutions and networking services. Arista Networks markets its products worldwide.

Loftus Peak Thematic(s)

Datacentre

Market Capitalisation (USDm)

167,748

Date of Initial Investment

13/12/2019
Ticker: 700 Weight: 2.42%

Primary Investment Driver

Leveraging its vast super app ecosystem and integration of AI into everyday digital services.
Tencent is a leading Chinese technology company with major businesses in gaming, communications infrastructure (e.g. WeChat), cloud computing, and digital payments. It operates a vast digital ecosystem combining entertainment, communication, and financial services.

Loftus Peak Thematic(s)

Cloud

Market Capitalisation (USDm)

603,070

Date of Initial Investment

15/11/2016
Ticker: AMAT Weight: 2.38%

Primary Investment Driver

Enabling disruption through innovative technology to enable the manufacture of advanced semiconductors.
Applied Materials is one of the world’s largest suppliers of semiconductor manufacturing equipment, offering materials engineering solutions for chips, displays, and solar products. Its technologies are essential for advanced process nodes and next-generation semiconductor fabrication.

Loftus Peak Thematic(s)

Semi Cap

Market Capitalisation (USDm)

295,461

Date of Initial Investment

24/10/2025
Ticker: IOT Weight: 2.33%

Primary Investment Driver

Industrial IoT platform to connect physical assets.
Samsara develops hardware-software platform. The company offers GPS fleet tracking, dash cam, reefer monitoring, and Wi-Fi hotspot services. Samsara serves customers worldwide.

Loftus Peak Thematic(s)

Automation Software

Market Capitalisation (USDm)

16,675

Date of Initial Investment

08/11/2022
Ticker: CART Weight: 2.18%

Primary Investment Driver

Disruption of traditional grocery shopping.
Instacart is a leading online grocery delivery platform connecting consumers with retailers for same-day delivery and pickup services. It leverages data-driven logistics and partnerships with grocers to enhance convenience and streamline grocery shopping.

Loftus Peak Thematic(s)

eCommerce

Market Capitalisation (USDm)

9,025

Date of Initial Investment

21/10/2024
Ticker: MRVL Weight: 2.17%

Primary Investment Driver

There are a growing number of workloads in the cloud requiring non-x86 processing (currently the dominant architecture). Marvell will be a beneficiary of this growing demand for workloads.
Marvell Technology develops and produces semiconductors and related technology. The Company offers security and networking platform, secure data processing, networking, and storage solutions. Marvell Technology serves customers worldwide.

Loftus Peak Thematic(s)

Datacentre

Market Capitalisation (USDm)

71,291

Date of Initial Investment

27/8/2020
Ticker: 2454 Weight: 1.98%

Primary Investment Driver

Advancements in semiconductor technology, particularly for mobile devices and IoT applications.
MediaTek is a leading semiconductor company specializing in chipsets for mobile devices, smart home products, and automotive solutions. Key segments include smartphones, tablets, AI, connectivity, and multimedia. It powers millions of devices worldwide, enabling advanced technology and innovation.

Loftus Peak Thematic(s)

Edge Datacentre

Market Capitalisation (USDm)

99,875

Date of Initial Investment

15/05/2024
Ticker: ON Weight: 1.82%

Primary Investment Driver

Growth and demand of analog semiconductors.
ON Semiconductor Corporation supplies analog, standard logic, and discrete semiconductors for data and power management. The company offers products include integrated circuits and analog ICs. ON Semiconductor also offers discrete semiconductors in a variety of surface mount and standard packages.

Loftus Peak Thematic(s)

Analog

Market Capitalisation (USDm)

26,194

Date of Initial Investment

01/04/2021
Ticker: STX Weight: 1.81%

Primary Investment Driver

Enabling AI through high efficiency storage infrastructure.
Seagate Technology is a global leader in data storage solutions, designing and manufacturing hard disk drives (HDDs), solid-state drives (SSDs), and data management systems. It serves cloud providers, enterprises, and consumers with scalable storage for AI, edge, and hyperscale workloads.

Loftus Peak Thematic(s)

Cloud

Market Capitalisation (USDm)

88,939

Date of Initial Investment

01/04/2021
Ticker: 1211 Weight: 1.65%

Primary Investment Driver

Alternative energy source away from fossil fuels as the world focuses on decarbonisation.
BYD manufactures automotive products. The company produces ordinary passenger cars, commercial vehicles, and other products. BYD also operates battery making, rail transportation construction, and other businesses.

Loftus Peak Thematic(s)

Electrification Automation

Market Capitalisation (USDm)

115,445

Date of Initial Investment

01/04/2021
Ticker: MELI Weight: 1.63%

Primary Investment Driver

Disruption in ecommerce and fintech.
MercadoLibre is a leading e-commerce and fintech company in Latin America. It operates an online marketplace and provides payment solutions through Mercado Pago. Key segments include e-commerce, digital payments, logistics, and financial services, driving economic growth in the region.

Loftus Peak Thematic(s)

eCommerce

Market Capitalisation (USDm)

89,104

Date of Initial Investment

13/06/2017
Ticker: 1810 Weight: 1.61%

Primary Investment Driver

Disruption of consumer electronics and automotive industries.
Xiaomi is a global technology company offering smartphones, smart home devices, and consumer electronics. It leverages an ecosystem-driven model and expanding AIoT platform, with new initiatives in augmented reality devices and electric vehicles.

Loftus Peak Thematic(s)

Edge Electrification

Market Capitalisation (USDm)

116,657

Date of Initial Investment

26/06/2025
Ticker: DDOG Weight: 1.59%

Primary Investment Driver

Disruptive cloud-based platform enabling the monitoring and analytics of IT infrastructure.
Datadog is a cloud-based monitoring and analytics platform for IT infrastructure, applications, and security. It enables organizations to track and optimize performance, detect issues, and enhance security across complex, cloud-based systems with real-time insights.

Loftus Peak Thematic(s)

Software

Market Capitalisation (USDm)

39,617

Date of Initial Investment

18/09/2024
Ticker: 9988 Weight: 1.00%

Primary Investment Driver

Digitisation of commerce, the shift to cloud computing, and full stack AI provider.
Alibaba is a leading Chinese technology company spanning e-commerce, cloud computing, logistics, and digital payments. Its platforms, including Taobao and Tmall, connect consumers and merchants, while Alibaba Cloud provides scalable infrastructure and AI capabilities to enterprises globally. Alibaba, along with Google, is one of the few full stack AI providers globally.

Loftus Peak Thematic(s)

Cloud

Market Capitalisation (USDm)

348,934

Date of Initial Investment

07/08/2020
Ticker: AMD Weight: 3.91%

Advanced Micro Devices

Primary Investment Driver

Disrupting traditional forms of advertising, such as print, television.
Advanced Micro Devices (AMD) produces semiconductor products and devices. The company offers products such as microprocessors, embedded microprocessors, chipsets, graphics, video and multimedia products and supplies it to third-party foundries, as well as provides assembling, testing, and packaging services. AMD serves customers worldwide.

Loftus Peak Thematic(s)

Datacentre

Market Capitalisation (USDm)

326,425

Date of Initial Investment

11/10/2018
Ticker: 9988 Weight: 1.00%

Alibaba

Primary Investment Driver

Digitisation of commerce, the shift to cloud computing, and full stack AI provider.
Alibaba is a leading Chinese technology company spanning e-commerce, cloud computing, logistics, and digital payments. Its platforms, including Taobao and Tmall, connect consumers and merchants, while Alibaba Cloud provides scalable infrastructure and AI capabilities to enterprises globally. Alibaba, along with Google, is one of the few full stack AI providers globally.

Loftus Peak Thematic(s)

Cloud

Market Capitalisation (USDm)

348,934

Date of Initial Investment

07/08/2020
Ticker: GOOGL Weight: 3.47%

Alphabet

Primary Investment Driver

Disrupting traditional forms of advertising, such as print, television.
Alphabet Inc. operates as a holding company. The company, through its subsidiaries, provides web-based search, advertisements, maps, software applications, mobile operating systems, consumer content, enterprise solutions, commerce, and hardware products.

Loftus Peak Thematic(s)

Digital Advertising Cloud

Market Capitalisation (USDm)

3,769,428

Date of Initial Investment

15/11/2016
Ticker: AMZN Weight: 3.97%

Amazon

Primary Investment Driver

Originally disrupted brick-and-mortar stores, but is now moving into other verticals such as the cloud, video content production and delivery, as well as healthcare and banking.
Amazon.com is an online retailer that offers a wide range of products. The company products include books, music, computers, electronics, and numerous other products. Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers. Amazon also operates a cloud platform offering services globally.

Loftus Peak Thematic(s)

Cloud eCommerce

Market Capitalisation (USDm)

2,254,333

Date of Initial Investment

15/11/2016
Ticker: AMAT Weight: 2.38%

Applied Materials

Primary Investment Driver

Enabling disruption through innovative technology to enable the manufacture of advanced semiconductors.
Applied Materials is one of the world’s largest suppliers of semiconductor manufacturing equipment, offering materials engineering solutions for chips, displays, and solar products. Its technologies are essential for advanced process nodes and next-generation semiconductor fabrication.

Loftus Peak Thematic(s)

Semi Cap

Market Capitalisation (USDm)

295,461

Date of Initial Investment

24/10/2025
Ticker: ANET Weight: 2.75%

Arista Networks

Primary Investment Driver

The growing requirement for connectivity at scale will drive demand for cloud computing infrastructure, supporting better services worldwide.
Arista Networks provides cloud networking solutions for data-centers and computer environments. The Company offers ethernet switches, pass-through cards, transceivers, and enhanced operating systems. Arista Networks also provides host adapter solutions and networking services. Arista Networks markets its products worldwide.

Loftus Peak Thematic(s)

Datacentre

Market Capitalisation (USDm)

167,748

Date of Initial Investment

13/12/2019
Ticker: AVGO Weight: 3.75%

Broadcom

Primary Investment Driver

Cutting edge semiconductor solutions and infrastructure software, vital for AI, data centers and networking.
Broadcom is a global technology company specializing in semiconductors and infrastructure software. It delivers products for data centers, networking, broadband, wireless, and storage. Key segments include enterprise software, industrial automation, and cybersecurity solutions.

Loftus Peak Thematic(s)

Datacentre

Market Capitalisation (USDm)

1,515,074

Date of Initial Investment

15/11/2016
Ticker: 1211 Weight: 1.65%

BYD

Primary Investment Driver

Alternative energy source away from fossil fuels as the world focuses on decarbonisation.
BYD manufactures automotive products. The company produces ordinary passenger cars, commercial vehicles, and other products. BYD also operates battery making, rail transportation construction, and other businesses.

Loftus Peak Thematic(s)

Electrification Automation

Market Capitalisation (USDm)

115,445

Date of Initial Investment

01/04/2021
Ticker: 3750 Weight: 4.97%

CATL

Primary Investment Driver

Enabling the shift towards clean and sustainable energy.
CATL is the world’s largest EV battery manufacturer, supplying lithium-ion battery systems to global automakers. It focuses on LFP and NCM chemistries, energy storage systems, and innovative battery technologies to support the electrification of transportation and renewable energy.

Loftus Peak Thematic(s)

Electrification

Market Capitalisation (USDm)

229,590

Date of Initial Investment

22/05/2025
Ticker: DDOG Weight: 1.59%

Datadog

Primary Investment Driver

Disruptive cloud-based platform enabling the monitoring and analytics of IT infrastructure.
Datadog is a cloud-based monitoring and analytics platform for IT infrastructure, applications, and security. It enables organizations to track and optimize performance, detect issues, and enhance security across complex, cloud-based systems with real-time insights.

Loftus Peak Thematic(s)

Software

Market Capitalisation (USDm)

39,617

Date of Initial Investment

18/09/2024
Ticker: LLY Weight: 4.85%

Eli Lilly

Primary Investment Driver

Innovative pharmaceutical solutions, including groundbreaking treatments for obesity and other chronic diseases.
Eli Lilly is a global pharmaceutical company focusing on innovation in drug development. Key products include treatments for diabetes, cancer, autoimmune diseases, mental health, and obesity. It is dedicated to advancing medical research and improving patient outcomes worldwide.

Loftus Peak Thematic(s)

Treatment

Market Capitalisation (USDm)

992,403

Date of Initial Investment

22/04/2024
Ticker: CART Weight: 2.18%

Instacart

Primary Investment Driver

Disruption of traditional grocery shopping.
Instacart is a leading online grocery delivery platform connecting consumers with retailers for same-day delivery and pickup services. It leverages data-driven logistics and partnerships with grocers to enhance convenience and streamline grocery shopping.

Loftus Peak Thematic(s)

eCommerce

Market Capitalisation (USDm)

9,025

Date of Initial Investment

21/10/2024
Ticker: MRVL Weight: 2.17%

Marvell Technology

Primary Investment Driver

There are a growing number of workloads in the cloud requiring non-x86 processing (currently the dominant architecture). Marvell will be a beneficiary of this growing demand for workloads.
Marvell Technology develops and produces semiconductors and related technology. The Company offers security and networking platform, secure data processing, networking, and storage solutions. Marvell Technology serves customers worldwide.

Loftus Peak Thematic(s)

Datacentre

Market Capitalisation (USDm)

71,291

Date of Initial Investment

27/8/2020
Ticker: 2454 Weight: 1.98%

MediaTek

Primary Investment Driver

Advancements in semiconductor technology, particularly for mobile devices and IoT applications.
MediaTek is a leading semiconductor company specializing in chipsets for mobile devices, smart home products, and automotive solutions. Key segments include smartphones, tablets, AI, connectivity, and multimedia. It powers millions of devices worldwide, enabling advanced technology and innovation.

Loftus Peak Thematic(s)

Edge Datacentre

Market Capitalisation (USDm)

99,875

Date of Initial Investment

15/05/2024
Ticker: MELI Weight: 1.63%

MercadoLibre

Primary Investment Driver

Disruption in ecommerce and fintech.
MercadoLibre is a leading e-commerce and fintech company in Latin America. It operates an online marketplace and provides payment solutions through Mercado Pago. Key segments include e-commerce, digital payments, logistics, and financial services, driving economic growth in the region.

Loftus Peak Thematic(s)

eCommerce

Market Capitalisation (USDm)

89,104

Date of Initial Investment

13/06/2017
Ticker: META Weight: 7.51%

Meta

Primary Investment Driver

Disruption of traditional forms of advertising and advancing new forms of communication.
Meta, formerly Facebook, is a global technology company focused on social media, virtual reality, and artificial intelligence. Key products include Facebook, Instagram, WhatsApp, and Oculus. Meta aims to build immersive digital experiences and connect people worldwide.

Loftus Peak Thematic(s)

Digital Advertising

Market Capitalisation (USDm)

1,640,127

Date of Initial Investment

09/02/2018
Ticker: MSFT Weight: 3.81%

Microsoft

Primary Investment Driver

Driving the shift to cloud based computing and software.
Microsoft is a global technology leader known for its software, hardware, and cloud services. Key products include Windows, Office, Azure, and Xbox. It serves enterprise and consumer markets, driving innovation in productivity, AI, and gaming.

Loftus Peak Thematic(s)

Cloud Software

Market Capitalisation (USDm)

2,916,341

Date of Initial Investment

15/11/2016
Ticker: NVDA Weight: 10.35%

NVIDIA

Primary Investment Driver

Hardware originally developed for gaming, now a key player in machine learning
NVIDIA designs, develops, and markets three dimensional (3D) graphics processors and related software. The Company offers products that provides interactive 3D graphics to the mainstream personal computer market.

Loftus Peak Thematic(s)

Datacentre

Market Capitalisation (USDm)

4,305,717

Date of Initial Investment

15/11/2016
Ticker: ON Weight: 1.82%

ON Semiconductor

Primary Investment Driver

Growth and demand of analog semiconductors.
ON Semiconductor Corporation supplies analog, standard logic, and discrete semiconductors for data and power management. The company offers products include integrated circuits and analog ICs. ON Semiconductor also offers discrete semiconductors in a variety of surface mount and standard packages.

Loftus Peak Thematic(s)

Analog

Market Capitalisation (USDm)

26,194

Date of Initial Investment

01/04/2021
Ticker: ROKU Weight: 5.17%

Roku

Primary Investment Driver

Disrupting traditional TV delivery mechanisms (cable TV, free- to-air) with more efficient ad mechanisms.
Roku designs and manufactures consumer electronic products. The company offers wireless enabled devices that stream audio and video content from the internet to home entertainment systems. Roku serves customers globally.

Loftus Peak Thematic(s)

Digital Advertising Streaming

Market Capitalisation (USDm)

14,545

Date of Initial Investment

04/12/2018
Ticker: IOT Weight: 2.33%

Samsara

Primary Investment Driver

Industrial IoT platform to connect physical assets.
Samsara develops hardware-software platform. The company offers GPS fleet tracking, dash cam, reefer monitoring, and Wi-Fi hotspot services. Samsara serves customers worldwide.

Loftus Peak Thematic(s)

Automation Software

Market Capitalisation (USDm)

16,675

Date of Initial Investment

08/11/2022
Ticker: 005930 Weight: 3.54%

Samsung

Primary Investment Driver

Innovation across consumer electronics, leading semiconductor memory supplier, key semiconductor manufacturer.
Samsung is a global conglomerate known for its diverse technology and electronics products. Key segments include smartphones, consumer electronics, home appliances, and semiconductors. Notable products are Galaxy smartphones, QLED TVs, and memory chips, driving innovation across industries.

Loftus Peak Thematic(s)

Memory

Market Capitalisation (USDm)

894,305

Date of Initial Investment

27/07/2020
Ticker: STX Weight: 1.81%

Seagate Technology

Primary Investment Driver

Enabling AI through high efficiency storage infrastructure.
Seagate Technology is a global leader in data storage solutions, designing and manufacturing hard disk drives (HDDs), solid-state drives (SSDs), and data management systems. It serves cloud providers, enterprises, and consumers with scalable storage for AI, edge, and hyperscale workloads.

Loftus Peak Thematic(s)

Cloud

Market Capitalisation (USDm)

88,939

Date of Initial Investment

01/04/2021
Ticker: SPOT Weight: 4.22%

Spotify

Primary Investment Driver

Digitisation of the music and audio content industry.
Spotify is a leading music streaming service offering a vast library of songs, podcasts, and audiobooks. It provides personalized playlists, discovery features, and social sharing. Key segments include premium subscriptions, ad-supported free tier, and exclusive content.

Loftus Peak Thematic(s)

Streaming

Market Capitalisation (USDm)

105,991

Date of Initial Investment

15/03/2024
Ticker: 2330/TSM Weight: 8.12%

Taiwan Semiconductor Manufacturing Company

Primary Investment Driver

As the world becomes more digitised, it will require more processing power. TSM is a semiconductor manufacturer.
Taiwan Semiconductor Manufacturing Company manufactures and markets integrated circuits. The company provides the following services: wafer manufacturing, wafer probing, assembly and testing, mask production, and design services. TSMC's ICs are used in computer, communication, consumer electronics, automotive, and industrial equipment industries.

Loftus Peak Thematic(s)

Fabrication

Market Capitalisation (USDm)

1,942,761

Date of Initial Investment

15/11/2016
Ticker: 700 Weight: 2.42%

Tencent

Primary Investment Driver

Leveraging its vast super app ecosystem and integration of AI into everyday digital services.
Tencent is a leading Chinese technology company with major businesses in gaming, communications infrastructure (e.g. WeChat), cloud computing, and digital payments. It operates a vast digital ecosystem combining entertainment, communication, and financial services.

Loftus Peak Thematic(s)

Cloud

Market Capitalisation (USDm)

603,070

Date of Initial Investment

15/11/2016
Ticker: UBER Weight: 3.82%

Uber

Primary Investment Driver

Revolutionizing ride-sharing, food delivery, and freight services with an on-demand, app-based model.
Uber is a global ride-hailing and logistics company offering services like ride-sharing, food delivery (Uber Eats), and freight. It leverages technology to connect users with drivers and couriers, transforming urban mobility and logistics services.

Loftus Peak Thematic(s)

Platforms & Ecosystem

Market Capitalisation (USDm)

155,223

Date of Initial Investment

30/07/2024
Ticker: 1810 Weight: 1.61%

Xiaomi

Primary Investment Driver

Disruption of consumer electronics and automotive industries.
Xiaomi is a global technology company offering smartphones, smart home devices, and consumer electronics. It leverages an ecosystem-driven model and expanding AIoT platform, with new initiatives in augmented reality devices and electric vehicles.

Loftus Peak Thematic(s)

Edge Electrification

Market Capitalisation (USDm)

116,657

Date of Initial Investment

26/06/2025
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