Sanken is a designer and manufacturer of integrated power chips, utilised for controlling devices and monitoring power input. However, the Fund's primary interest lies in Sanken's 50.8% ownership of the US-listed Allegro Microsystems.

Allegro holds a leading position in the automotive sector, providing magnetic sensors for speed and position monitoring, as well as power integrated circuits used in motor drivers and regulators. Following the acquisition of Crocus in 2023 for US$412 million, Allegro now boasts the highest magnetic sensitivity, lowest power consumption, and smallest size compared to other magnetic technologies.

Allegro's magnetic and power chips find extensive applications in electric vehicles (EVs) and hybrids, including advanced driver assist systems and fast-charging infrastructure for EVs.