The portfolio seeks to capitalise on growth opportunities created by disruptive technologies in the automotive industry.

Morgan Stanley Wealth Management’s global investment solutions business has launched a new unit investment trust portfolio.

The “M.A.D.E Portfolio, 2016 – Shared Mobility, Autonomous Driving and Electrification” consists of around 30 securities that the Morgan Stanley research team believe are best positioned to benefit from growth opportunities in the automotive sector. The team selects stocks across more than a dozen industries in the areas of shared mobility (partial ownership or common use of vehicles), self-driving cars, electrically powered cars, and the “automotive ecosystem”, the firm said. 

This ecosystem relates to firms that provide the content, resources and technology to develop and implement M.A.D.E. automobiles, and are exposed to the consumer behavioral changes these vehicles enable.

Primarily comprised of large market capitalization stocks exceeding $1 billion, the UIT has a three-year lifespan. 

“We are pleased to leverage the firm’s intellectual capital to deliver an innovative product to our financial advisors and their clients,” said Ben Huneke, head of investment solutions for Morgan Stanley Wealth Management, adding: “This is another example of how we are able to harness the collective resources across the entire firm to make ideas investable.”

Morgan Stanley Wealth Management Capital Markets and Morgan Stanley Investment Management will help drive sales of the portfolio.

Last week, Morgan Stanley reported wealth management pre-tax income of $901 million for the third quarter of 2016, up from $824 million a year before.