Overview

The GMO Climate Change Investment 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 help the world adapt to climate change through improved efficiency of resource consumption. The Fund invests globally across the capitalization spectrum, which allows GMO to pursue attractive investment opportunities wherever they may be.

The Focused Equity team believes exceptional opportunities for long-term investors abound in a world mobilizing to address climate change, and profitability associated with efforts to mitigate and adapt to climate change is largely independent of the global economy. Climate change investors can benefit from this unique, diversifying source of return, historically available at attractive valuations given the secular tailwinds of change.

Facts

Doc Table
Fund Inception Date March 14, 2018
Fund Total Assets as of 31/5/2024 $765mm USD

GBP Class A

Inception Date March 14, 2018
SEDOL BDT8SN4
ISIN IE00BDT8SN47
NAV as of 20/6/2024 27.12

Performance

Quarter-End as of March 31, 2024(GBP, %) | Climate Change Investment Fund Class A GBP

Table Caption
QTD YTD 1-Year 3-Year 5-Year ITD
Climate Change Investment Fund -5.40 -5.40 -19.61 -4.32 8.26 6.17
MSCI ACWI 9.13 9.13 20.54 10.12 11.59 10.62
  • Climate Change Investment Fund 1
  • 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.

1 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. The portfolio is not managed relative to a benchmark. References to an index are for informational purposes only.

Quarter-End as of March 31, 2024(GBP, %) | Climate Change Investment Fund Class A GBP

Table Caption
QTD YTD 1-Year 3-Year 5-Year ITD
Climate Change Investment Fund -5.20 -5.20 -18.92 -3.50 9.18 7.09
MSCI ACWI 9.13 9.13 20.54 10.12 11.59 10.62
  • Climate Change Investment Fund 1
  • 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.

1 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. The portfolio is not managed relative to a benchmark. References to an index are for informational purposes only.

Month-End as of May 31, 2024(GBP, %) | Climate Change Investment Fund Class A GBP

Table Caption
MTD QTD YTD 1-Year 3-Year 5-Year ITD
Climate Change Investment Fund 6.00 1.43 -4.05 -12.39 -3.65 8.73 6.24
MSCI ACWI 2.34 -0.11 9.01 20.28 8.97 11.45 10.30
  • Climate Change Investment Fund 1
  • 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.

1 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. The portfolio is not managed relative to a benchmark. References to an index are for informational purposes only.

Month-End as of May 31, 2024(GBP, %) | Climate Change Investment Fund Class A GBP

Table Caption
MTD QTD YTD 1-Year 3-Year 5-Year ITD
Climate Change Investment Fund 6.07 1.57 -3.71 -11.64 -2.83 9.66 7.16
MSCI ACWI 2.34 -0.11 9.01 20.28 8.97 11.45 10.30
  • Climate Change Investment Fund 1
  • 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.

1 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. The portfolio is not managed relative to a benchmark. References to an index are for informational purposes only.

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

Calendar
Climate Change Investment Fund MSCI ACWI
2023 -11.92 15.31
2022 0.38 -8.08
2021 13.18 19.63
2020 37.58 12.67
2019 21.48 21.71
2018 -9.20 -2.90
  • Climate Change Investment Fund 1
  • 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.

1 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. The portfolio is not managed relative to a benchmark. References to an index are for informational purposes only.

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

Calendar
Climate Change Investment Fund MSCI ACWI
2023 -11.17 15.31
2022 1.24 -8.08
2021 14.14 19.63
2020 38.75 12.67
2019 22.52 21.71
2018 -8.54 -2.90
  • Climate Change Investment Fund 1
  • 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.

1 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. The portfolio is not managed relative to a benchmark. References to an index are for informational purposes only.

Documents

Literature

Fact Sheet Download
Product Highlights Sheet - Singapore Download
Prospectus Download
Prospectus - Singapore Download
Prospectus - Austrian Supplement Download
Prospectus - Supplement Download
KIIDs - GBP Download
KIIDs - USD Download
PRIIP - DKK Download
PRIIP - EUR Download
PRIIP - GBP Download
PRIIP - NOK Download
PRIIP - SEK Download
PRIIP - SGD Download
PRIIP - USD Download
Download All Download

Downloads

Performance Download
Portfolio Composition Download
Segment Weights Download
Top Holdings Download
Holdings Download
Holdings - Public Download
Download All Download

Commentary & Attribution

Commentary Quarterly Download
Attribution - Monthly Download
Attribution - Quarterly Download
Attribution - YTD Download
Download All Download

Investor Information

Annual Report Download
Semiannual Report Download
NAVs and Distributions Download
Fair Value Hierarchy - As of 30/09/23 Download
Fair Value Hierarchy - As of 31/03/24 Download
Download All Download

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.