Overview

The GMO Power Infrastructure ETF seeks total return by investing primarily in equities of companies operating in power infrastructure-related industries. GMO believes long-term drivers such as population growth, accelerating electrification, increasing wealth in emerging markets, reindustrialization, and surging energy demands from data centers and AI growth are converging to create a step-change in demand. At the same time, supply is constrained by aging grids and electrical equipment, as well as by power generation limits. This sets the stage for sustained secular growth across companies spanning power generation, transmission, distribution, related infrastructure, and materials used.

The Focused Equity team combines fundamental and quantitative research to identify power infrastructure companies whose profitability is directly tied to the electrification and power generation value chain, businesses built to benefit as the world's appetite for power grows larger and more complex. The ETF invests globally, in a benchmark-agnostic manner, allowing GMO to pursue attractive investment opportunities wherever they may be.

Facts

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Fund Inception Date July 14, 2026
Ticker Symbol KWH
CUSIP 36275C105
Exchange NYSE
Fund Total Assets as of 7/20/2026 $56mm USD

Exchange Traded Fund

Inception Date July 14, 2026
CUSIP 36275C105
NAV as of 7/20/2026 24.519

Prices and Trading

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NAV as of 7/17/2026 24.62
1 Day NAV Change as of 7/17/2026 -0.08
Market Price 24.64
Premium/Discount 0.06%
30 Day Median Bid/Ask Spread 1 0.20%
30 Day Average Share Volume 2 736,972

1 Median 30 Day Bid/Ask Spread: An exchange traded fund's (“ETF”) median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, is computed by identifying the ETF's national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values. For the first 30 calendar days of trading, the median bid-ask spread for the ETF will reflect the number of calendar days the ETF has been operating.

2 30 Day Average Share Volume: The average number of shares traded in an ETF across all U.S. exchanges over the last 30 trading days. For the first 30 trading days, the volume of the ETF will reflect the number of trading days the ETF has been operating.

Performance

Fees and Expenses

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Expense Ratio 1 0.60%

1 Expense Ratio is equal to the Fund’s Total Annual Operating Expenses set forth in the Fund’s most recent prospectus dated June 30, 2026.

Premium/Discount History

7/14/2026 12:00:00 AM
7/15/2026 12:00:00 AM
7/16/2026 12:00:00 AM
7/17/2026 12:00:00 AM
0.0
0.1
-0.1
0.1
Days at premium 2
Days at a discount 1
Days at NAV 1

The above table and line graph present information about the differences between the daily closing price for shares of the fund and the fund’s net asset value (NAV). The closing prices are determined by the fund’s listing exchange. The vertical axis of the line graph shows the premium or discount expressed as a percentage of NAV. The horizontal axis indicates the date at which the premium/discount occurred. The table shows the number of trading days in which the fund traded at a premium, discount or at NAV.

The premium/discount is the amount the fund’s closing price is trading above or below the reported NAV, expressed as a percentage of the NAV. When the fund’s closing price is greater than the fund’s NAV, it is said to be trading at a “premium” and the percentage is expressed as a positive number. When the fund’s closing price is less than the fund’s NAV, it is said to be trading at a “discount” and the percentage is expressed as a negative number.

Shareholders may pay more than NAV when buying fund shares and receive less than NAV when selling fund shares, because shares are bought and sold at current market prices. The performance quoted represents past performance and does not guarantee future results.

Documents

Literature

Overview Download
Prospectus Download
Summary Prospectus Download
Statement of Additional Information Download
Download All Download

Risks

Risks associated with investing in the Fund may include: (1) Focused Investment Risk: the Fund invests its assets in the securities of a limited number of issuers, and a decline in the market price of a particular security held by the Fund may affect the Fund's performance more than if the Fund invested in the securities of a larger number of issuers; (2) Commodities Risk: commodity prices can be extremely volatile, and exposure to commodities can cause the value of the Fund's shares to decline or fluctuate more than if the Fund had a broader range of investments; and (3). Market Risk - Equities: the market price of equities may decline due to factors affecting the issuer, its industries, 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. For a more complete discussion of these and other risks, please consult the Fund's Prospectus.

Disclosures

An investor should carefully 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 the prospectus.

The GMO ETFs are distributed in the United States by Foreside Fund Services LLC. GMO and Foreside Fund Services LLC are not affiliated.