Overview

The GMO Climate Change Series Fund seeks to deliver high total return by investing primarily in equities of companies GMO believes are positioned to benefit, directly or indirectly, from efforts to curb or mitigate the long-term effects of global climate change, to address the environmental challenges presented by global climate change, or to improve the efficiency of resource consumption.

Facts

Doc Table
Fund Inception Date November 16, 2018
Fund Total Assets as of 8/31/2020 $15mm USD
Benchmark MSCI ACWI

Share Class PS

Inception Date November 16, 2018
Ticker Symbol GCHPX
CUSIP 380131144
NAV as of 9/22/2020 11.77
Net Expense Ratio 1 0.88
Gross Expense Ratio 2 1.17

1 Net Expense Ratio reflects the reduction of expenses from fee reimbursements. The fee reimbursements will continue until at least June 30, 2021. Elimination of this reimbursement will result in higher fees and lower performance.

2 Gross Expense Ratio is equal to the Funds Total Annual Operating Expenses set forth in the Funds most recent prospectus dated June 30, 2020.

Performance

Quarter-End as of June 30, 2020(USD, %) | GMO Climate Change Series Fund Class PS

Table Caption
1-Year 3-Year ITD
Climate Change Series Fund 0.94 4.23 5.70
MSCI ACWI 2.11 6.13 7.13
  • Climate Change Series Fund 1
  • MSCI ACWI

Inception Date: April 05, 2017

Returns shown for periods greater than one year are on an annualized basis.

If certain expenses were not reimbursed, performance would be lower. Transaction costs, if any, are paid to the fund to offset the cost of portfolio transactions to invest or raise cash.

Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.

1 GMO Climate Change Series Fund is a feeder fund investing substantially all of its assets in shares of a corresponding GMO Trust master fund. The GMO Climate Change Series Fund incepted on November 16, 2018. Returns prior to that inception date are shown back to the GMO Trust master fund’s inception date and reflect the performance data of the corresponding GMO Trust master fund re-stated to reflect the fees and expenses associated with GMO Climate Change Series Fund.

Quarter-End as of June 30, 2020(USD, %) | GMO Climate Change Series Fund Class PS

Table Caption
QTD YTD 1-Year 3-Year ITD
Climate Change Series Fund 25.95 -9.34 0.94 4.23 5.70
MSCI ACWI 19.22 -6.25 2.11 6.13 7.13
  • Climate Change Series Fund 1
  • MSCI ACWI

Inception Date: April 05, 2017

Returns shown for periods greater than one year are on an annualized basis.

Net of all fees and expenses after reimbursement by the Manager, but not transaction costs, if any. If certain expenses were not reimbursed, performance would be lower.

Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.

1 GMO Climate Change Series Fund is a feeder fund investing substantially all of its assets in shares of a corresponding GMO Trust master fund. The GMO Climate Change Series Fund incepted on November 16, 2018. Returns prior to that inception date are shown back to the GMO Trust master fund’s inception date and reflect the performance data of the corresponding GMO Trust master fund re-stated to reflect the fees and expenses associated with GMO Climate Change Series Fund.

Month-End as of August 31, 2020(USD, %) | GMO Climate Change Series Fund Class PS

Table Caption
MTD QTD YTD 1-Year 3-Year ITD
Climate Change Series Fund 10.47 17.65 6.66 26.33 7.25 10.56
MSCI ACWI 6.12 11.73 4.75 16.52 8.99 10.29
  • Climate Change Series Fund 1
  • MSCI ACWI

Inception Date: April 05, 2017

Returns shown for periods greater than one year are on an annualized basis.

Net of all fees and expenses after reimbursement by the Manager, but not transaction costs, if any. If certain expenses were not reimbursed, performance would be lower.

Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.

1 GMO Climate Change Series Fund is a feeder fund investing substantially all of its assets in shares of a corresponding GMO Trust master fund. The GMO Climate Change Series Fund incepted on November 16, 2018. Returns prior to that inception date are shown back to the GMO Trust master fund’s inception date and reflect the performance data of the corresponding GMO Trust master fund re-stated to reflect the fees and expenses associated with GMO Climate Change Series Fund.

Year Ending December 31 (USD, %) | GMO Climate Change Series Fund Class PS

Calendar
Climate Change Series Fund MSCI ACWI
2019 26.13 26.60
2018 -15.95 -9.42
2017 24.48 16.23
  • Climate Change Series Fund 1
  • MSCI ACWI

Inception Date: April 05, 2017

Returns shown for periods greater than one year are on an annualized basis.

Net of all fees and expenses after reimbursement by the Manager, but not transaction costs, if any. If certain expenses were not reimbursed, performance would be lower.

Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.

1 GMO Climate Change Series Fund is a feeder fund investing substantially all of its assets in shares of a corresponding GMO Trust master fund. The GMO Climate Change Series Fund incepted on November 16, 2018. Returns prior to that inception date are shown back to the GMO Trust master fund’s inception date and reflect the performance data of the corresponding GMO Trust master fund re-stated to reflect the fees and expenses associated with GMO Climate Change Series Fund.

Documents

Literature

Fact Sheet - Class R6 Download
Prospectus Download
Summary Prospectus Download
Statement of Additional Information Download
XBRL 485(b) Download
Download All Download

Downloads

Performance Download
Portfolio Composition Download
Segment Weights Download
Top Holdings Download
Holdings Download
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Commentary & Attribution

Commentary - Quarterly Download
Attribution - Monthly Download
Attribution - Quarterly Download
Attribution - YTD Download
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Investor Information

Annual Report Download
NAVs and Distributions Download
Distribution Dates Download
Tax-Related Distribution Information Download
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Risks

Risks associated with investing in the Fund are as follows: (1) Focused Investment Risk: Because the Fund focuses its investments in securities of companies involved in climate change-related industries, the Fund will be more susceptible to events or factors affecting these companies, and the market prices of its portfolio securities may be more volatile than those of mutual funds that are more diversified. (2) Market Risk - Equities: The market price of an equity may decline due to factors affecting the issuer or its industry or the economy and equity markets generally. Declines in stock market prices generally are likely to reduce the net asset value of the Fund's shares. (3) Management and Operational Risk: The Fund runs the risk that GMO's investment techniques will fail to produce desired results. For a more complete discussion of these risks and others, please consult the Fund's prospectus.

Disclosures

An investor should consider the fund’s investment objectives, risks, charges and expenses before investing. This and other important information can be found in the fund’s prospectus. Read the prospectus carefully before investing. Please see prospectus above. 

Each GMO Series Trust Fund is a feeder fund investing substantially all of its assets in shares of a corresponding GMO Trust Fund (i.e., a master fund). Under the master-feeder structure, each GMO Series Trust Fund's sole portfolio holding, other than cash, is shares of the corresponding GMO Trust Fund.

The GMO Trust funds are distributed in the United States by Funds Distributor LLC. GMO and Funds Distributor LLC are not affiliated.