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Climate Change Investment Fund

  • Vehicle UCITS
  • Asset Class Equities

Overview

The GMO Climate Change Investment Fund seeks to generate high total return. The Fund’s benchmark is the MSCI All Country World Index.

GMO’s Focused Equity team believes that climate change is having a dramatic impact on the world and significant investments are (and will be) needed to head off its effects. Using a disciplined, value-oriented approach, the Fund seeks to invest in companies focused on mitigating the impacts of and adapting to the outcomes of climate change.

Facts

Doc Table
Fund Inception Date March 14, 2018
Fund Total Assets as of 8/31/2019 $117mm USD
Benchmark MSCI ACWI

GBP Class A

Inception Date March 14, 2018
SEDOL BDT8SN4
ISIN IE00BDT8SN47
NAV as of 9/20/2019 21.08

Performance

Quarter-End as of June 30, 2019(GBP, %) | Climate Change Investment Fund - Class A GBP

Table Caption
QTD YTD 1-Year ITD
Climate Change Investment Fund 6.73 13.55 3.41 2.39
MSCI ACWI 6.08 16.31 9.69 9.85
  • Climate Change Investment Fund
  • MSCI ACWI

Inception Date: March 14, 2018

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.

Quarter-End as of June 30, 2019(GBP, %) | Climate Change Investment Fund - Class A GBP

Table Caption
QTD YTD 1-Year ITD
Climate Change Investment Fund 6.95 14.02 4.33 3.29
MSCI ACWI 6.08 16.31 9.69 9.85
  • Climate Change Investment Fund
  • MSCI ACWI

Inception Date: March 14, 2018

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

Gross of fees, expenses and transaction costs, if any. If these fees, expenses and costs were included, 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.

Month-End as of August 31, 2019(GBP, %) | Climate Change Investment Fund - Class A GBP

Table Caption
MTD QTD YTD 1-Year ITD
Climate Change Investment Fund -4.62 -1.79 11.51 -0.20 0.85
MSCI ACWI -1.84 2.32 19.01 6.43 10.38
  • Climate Change Investment Fund
  • MSCI ACWI

Inception Date: March 14, 2018

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.

Month-End as of August 31, 2019(GBP, %) | Climate Change Investment Fund - Class A GBP

Table Caption
MTD QTD YTD 1-Year ITD
Climate Change Investment Fund -4.54 -1.65 12.14 0.69 1.74
MSCI ACWI -1.84 2.32 19.01 6.43 10.38
  • Climate Change Investment Fund
  • MSCI ACWI

Inception Date: March 14, 2018

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

Gross of fees, expenses and transaction costs, if any. If these fees, expenses and costs were included, 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.

Year Ending December 31 (GBP, %) | Climate Change Investment Fund - Class A GBP

Calendar
Climate Change Investment Fund MSCI ACWI
2018 -9.20 -2.90
  • Climate Change Investment Fund
  • MSCI ACWI

Inception Date: March 14, 2018

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.

Year Ending December 31 (GBP, %) | Climate Change Investment Fund - Class A GBP

Calendar
Climate Change Investment Fund MSCI ACWI
2018 -8.54 -2.90
  • Climate Change Investment Fund
  • MSCI ACWI

Inception Date: March 14, 2018

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

Gross of fees, expenses and transaction costs, if any. If these fees, expenses and costs were included, 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.

Management

White_Lucas

Lucas White

Portfolio Manager, Focused Equity

Mr. White is the portfolio manager for the Resources and Climate Change Strategies. He is a member of GMO’s Focused Equity team and a partner of the firm. Previously at GMO, he was engaged in portfolio management for the Global Equity team, including responsibilities for the Quality, Tactical Opportunities, and U.S. Growth Strategies. Prior to joining GMO in 2006, he worked at Standish Mellon Asset Management and MFS. Mr. White earned his B.A. in Economics and Psychology from Duke University. He is a CFA charterholder.

Hancock_Tom

Tom Hancock

Head of Focused Equity

Dr. Hancock is the head of GMO’s Focused Equity team and the portfolio manager for the Quality Strategy. Previously at GMO, he was co-head of the Global Equity team. He is a partner of the firm. Prior to joining GMO in 1995, he was a research scientist at Siemens and a software engineer at IBM. Dr. Hancock holds a Ph.D. in Computer Science from Harvard University and B.S. and M.S. degrees from Rensselaer Polytechnic Institute.

Documents

Downloads

Performance
Portfolio Composition
Holdings
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Commentary & Attribution

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

Annual Report
Semiannual Report
NAVs and Distributions
Fair Value Hierarchy
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Risks

Risks associated with investing in the Fund may include Investment Risk, Management and Operational Risk, New Fund Risk, Market Risk - Equities, and Currency Risk. For a more complete discussion of these risks and others, please consult the Fund's Prospectus.

Disclosures

The making available of any document on this website does not constitute a promotion, offer or sale of any securities, financial instruments, or other financial products to the public in or into any jurisdiction where such promotion, offer or sale is prohibited or to any person or class of person to whom such securities or financial instruments may not be lawfully promoted, offered or sold. You should not rely on any document on this website in making any decision to engage in investment activity without seeking further information from GMO to enable GMO to determine whether you may be eligible to receive such further information or purchase or subscribe for any securities or other financial instruments.

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