What Is the Material Technologies Fund (MTD) and What Does It Invest In?

As the world of technology advances rapidly, attention is often drawn to the products in the spotlight. Investors and the media typically focus on the final consumer-facing products: the latest smartphones, autonomous electric vehicles, or world-changing artificial intelligence software. Yet behind all these technologies lies a critical field that makes them possible: Materials Science.

As the world of technology advances rapidly, attention is often drawn to the products in the spotlight. Investors and the media typically focus on the final consumer-facing products: the latest smartphones, autonomous electric vehicles, or world-changing artificial intelligence software. Yet behind all these technologies lies a critical field that makes them possible: Materials Science.

The BV Portföy Material Technologies Variable Fund (MTD) focuses precisely on this unseen but indispensable foundation. In this article, we explore what the MTD Fund is, the strategy it is managed with, and its investment universe—a fund that invests in the very “kitchen” of technology.

What Is the MTD Fund?

The BV Portföy Material Technologies Variable Fund (MTD) is a thematic fund-of-funds that invests in companies that support global technological development, transform industrial production processes, and produce the raw materials, advanced chemicals, and semi-finished products used in building the products of the future.

The Material Technologies Variable Fund (MTD) differentiates itself from classical commodity funds by focusing not only on raw materials but also on processing and value-added production stages. It invests not merely in the mined mineral, but also in its refinement and transformation into high-tech industrial products. In short, the MTD Fund invests across the entire value chain—from raw material to final product.

Investment Philosophy: “Selling Shovels During a Gold Rush”

During the 19th-century Gold Rush, the most reliable profits were earned not by the gold seekers but by those who sold them picks and shovels. The MTD Fund’s investment philosophy is based on this very strategy.

Today, predicting which electric vehicle brand will dominate the market is challenging. However, all manufacturers share the same critical need: strategic materials. Regardless of who wins, every player depends on high-quality materials. They all require lithium, copper, silicon, and similar critical inputs. The MTD Fund becomes a shareholder in the companies that meet this unavoidable demand.

What Does the Material Technologies Variable Fund (MTD) Invest In?

The fund’s investment universe covers the physical materials demanded by global megatrends such as Digitalization, the Green Transition, and Industry 4.0. Here are the five main pillars that the MTD Fund focuses on:

1. Semiconductor (Chip) Ecosystem and Chemicals

Microchips—the brain of the modern world—are far more than silicon wafers. Their production requires ultra-pure industrial gases, photoresist chemicals, and specialized ceramics.

Investment Focus:
Suppliers of semiconductor raw materials, silicon processing facilities, and manufacturers of chemicals used in chip production.

2. Energy Transition and Battery Technologies

The shift from fossil fuels to an electrified future has created one of the largest metal demands in industrial history. An electric vehicle requires six times more minerals than a conventional car.

Investment Focus:
Companies engaged in lithium, nickel, cobalt, manganese, and graphite mining, as well as refineries that transform these materials into battery cells.

3. Advanced Industrial Materials and Metallurgy

Aerospace, defense, and space industries require lighter, stronger, and more heat-resistant materials.

Investment Focus:
Producers of titanium alloys, carbon fiber, superconductors, and rare earth elements.

4. Industry 4.0 and Additive Manufacturing (3D Printing)

In smart factories, parts are increasingly produced not by carving metal blocks but by fusing metal powders layer by layer with lasers.

Investment Focus:
Companies producing specialized metal powders for 3D printers and those developing nanotechnology solutions.

5. Green Chemistry and Sustainability

The world is shifting from petrochemical derivatives toward bioplastics and recyclable, environmentally friendly materials.

Investment Focus:
Innovative companies that contribute to the circular economy, manufacture water-treatment chemicals, and develop sustainable materials.

Investing in the Infrastructure of the Future

Materials science forms the physical foundation of technological advancement. The MTD Fund offers investors a diversified, long-term growth opportunity in this critical field. In a period when global supply chains are being reshaped, investing in material technologies is not just a commodity investment; it is an investment in the roots of innovation.

The BV Portföy Material Technologies Variable Fund (MTD) aims to provide investors with USD-based return potential and portfolio diversification in this lesser-known yet vitally important segment of the technology world.