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ESSEX ENVIRONMENTAL OPPORTUNITIES FUND

EEOFX / GEOSX

WELCOME

Essex Environmental Opportunities Fund (EEOF) operates at the nexus of environment and finance, investing in companies that enable greater natural resource and energy efficiency. EEOF is a listed-equity, global, all-cap mutual fund investing across nine environmental technology themes in long-only fashion with about 40 holdings. EEOF is clean technology and energy infrastructure-focused, with companies that exhibit generally-high growth potential. The Fund is benchmarked to the MSCI World Index.

Investing involves risk, including loss of principal. There is no guarantee that this, or any, investing strategy will be successful. Small and mid cap investing involve greater risk not associated with investing in more established companies, such as greater price volatility, business risk, less liquidity and increased competitive threat.

Characteristics

TOP TEN SECTOR HOLDINGS BREAKDOWN

As of 9/30/18 As of 9/30/18

KORNIT DIGITAL LTD 4.83%

TRIMBLE INC 4.17%

TPI COMPOSITES INC 3.94%

XYLEM INC 3.75%

RAVEN INDUSTRIES INC 3.60%

ITRON INC 3.56%

LINDSAY CORP 3.47%

UMICORE 3.21%

KEYENCE CORP 3.09%

KINGSPAN GROUP PLC 2.87%

Total 36.49%

Disclosure: Because the Adviser's GEOS criteria exclude securities of certain issuers for non-financial reasons, the Fund may forego some market opportunities available to funds that do not follow the environmental themes inherent in the GEOS strategy. The Fund's direct or indirect investments in foreign securities involve risks not associated with investing in US securities that can adversely affect the Fund's performance. Foreign markets, particularly emerging markets, may be less liquid, more volatile and subject to less government supervision than domestic markets.

NEWS

Featured

Oct 29, 2018

Clean Tech Solutions at this point in the Cycle

Oct 29, 2018

As we have listened to quarterly corporate earnings calls for the second quarter, followed by meetings with many management teams over the course of the third quarter, one oft-repeated theme expressed is rising input costs, whether labor, freight, materials or components. Company management teams are also experiencing some commodity price pressures for materials such as copper, nickel and pockets of oil price challenges. This trend is reflected in the core consumer price index (CPI) which, while barely breaching 2.0% in its last print, is showing some signs of pricing pressures. Most of our companies…

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Oct 29, 2018

Oct 2, 2018

Clean Slate Newsletter #9

Oct 2, 2018

Is This the Future of Trucking?

This month, Volvo introduced Vera, an autonomous, electric truck concept. To call it a truck would be unfair to trucks as it looks more like a sled. In a fully autonomous world, where there is no need for a driver, the design of a truck’s cab can be completely re-thought and re-engineered. Such an approach allows greater

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Oct 2, 2018

Aug 28, 2018

Back to the Buggy Whip?

Aug 28, 2018

Over the past few weeks, our President and the Administration have proposed rolling-back environmental initiatives in the form of a proposed new rulemaking for Federal CO2 and fuel economy standards, recommending freezing automotive efficiency targets between 2020 and 2026. Both the EPA and the NTSA are also submitting agency acts to revoke a California waiver that allows

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Aug 28, 2018

Jul 31, 2018

Clean Slate Newsletter #8

Jul 31, 2018

If You Build It…

One of the most discussed topics of the pace of electric vehicle (EV) adoption is the supporting infrastructure. As with many new technology roll-outs, the EV industry is faced with the proverbial chicken and egg quandary, or in this case, how can we get rapid EV adoption without a comprehensive electric vehicle charging network and vice-versa. This issue is a key reason why Tesla…

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Jul 31, 2018

Jul 9, 2018

Clean Slate Newsletter #7

Jul 9, 2018

Dandelion Greens

Geothermal has long been one of the more efficient methods of heating and cooling homes around the world. The challenge with geothermal, as is the case with many newer technologies, has been the upfront cost of the system versus a traditional gas or oil fired heating system. Some companies like…

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Jul 9, 2018

more news

TEAM

BILL PAGE

Bill is a co-portfolio manager for Essex Environmental Opportunities Fund. Prior to joining Essex in 2009, Bill spent eleven years at State Street Global Advisors...

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ROB UEK

Rob is a co-portfolio manager for Essex Environmental Opportunities Fund. Prior to joining Essex in 2009, Rob was a Portfolio Manager at State Street Global...

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