Overview

The GMO Climate Change Select Investment Fund seeks to generate high total return. The Fund measures its performance against the MSCI All Country World Index for performance comparison purposes. 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 that are positioned to benefit from climate change mitigation or adaptation efforts. The Fund excludes companies with Environmental, Social, and Governance (ESG) controversies.

Facts

Doc Table
Fund Inception Date February 25, 2022
Fund Total Assets as of 30/4/2024 $114mm USD

EUR Class A

Inception Date March 23, 2022
SEDOL 089GUNB
ISIN IE00089GUNB9
NAV as of 22/5/2024 15.49

Performance

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

Table Caption
QTD YTD 1-Year ITD
Climate Change Select Investment Fund -4.55 -4.55 -17.16 -12.40
MSCI ACWI 10.61 10.61 23.89 8.35
  • Climate Change Select Investment Fund
  • MSCI ACWI

Inception Date: March 23, 2022

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. The local market in which the Fund is priced was closed for Good Friday on March 29, 2024. Therefore, the performance for the fund and corresponding benchmark will utilize March 28 for purposes of the ending valuation for the March return and the starting valuation for the April return.

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

Table Caption
QTD YTD 1-Year ITD
Climate Change Select Investment Fund -4.35 -4.35 -16.43 -11.63
MSCI ACWI 10.61 10.61 23.89 8.35
  • Climate Change Select Investment Fund
  • MSCI ACWI

Inception Date: March 23, 2022

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. The local market in which the Fund is priced was closed for Good Friday on March 29, 2024. Therefore, the performance for the fund and corresponding benchmark will utilize March 28 for purposes of the ending valuation for the March return and the starting valuation for the April return.

Month-End as of April 30, 2024(EUR, %) | Climate Change Select Investment Fund Class A EUR

Table Caption
MTD QTD YTD 1-Year ITD
Climate Change Select Investment Fund -4.44 -4.44 -8.80 -17.12 -13.83
MSCI ACWI -2.28 -2.28 8.09 21.28 6.84
  • Climate Change Select Investment Fund
  • MSCI ACWI

Inception Date: March 23, 2022

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. The local market in which the Fund is priced was closed for Good Friday on March 29, 2024. Therefore, the performance for the fund and corresponding benchmark will utilize March 28 for purposes of the ending valuation for the March return and the starting valuation for the April return.

Month-End as of April 30, 2024(EUR, %) | Climate Change Select Investment Fund Class A EUR

Table Caption
MTD QTD YTD 1-Year ITD
Climate Change Select Investment Fund -4.37 -4.37 -8.53 -16.39 -13.07
MSCI ACWI -2.28 -2.28 8.09 21.28 6.84
  • Climate Change Select Investment Fund
  • MSCI ACWI

Inception Date: March 23, 2022

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. The local market in which the Fund is priced was closed for Good Friday on March 29, 2024. Therefore, the performance for the fund and corresponding benchmark will utilize March 28 for purposes of the ending valuation for the March return and the starting valuation for the April return.

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

Calendar
Climate Change Select Investment Fund MSCI ACWI
2023 -9.49 18.06
2022 -11.45 -9.93
  • Climate Change Select Investment Fund
  • MSCI ACWI

Inception Date: March 23, 2022

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. The local market in which the Fund is priced was closed for Good Friday on March 29, 2024. Therefore, the performance for the fund and corresponding benchmark will utilize March 28 for purposes of the ending valuation for the March return and the starting valuation for the April return.

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

Calendar
Climate Change Select Investment Fund MSCI ACWI
2023 -8.70 18.06
2022 -10.85 -9.93
  • Climate Change Select Investment Fund
  • MSCI ACWI

Inception Date: March 23, 2022

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. The local market in which the Fund is priced was closed for Good Friday on March 29, 2024. Therefore, the performance for the fund and corresponding benchmark will utilize March 28 for purposes of the ending valuation for the March return and the starting valuation for the April return.

Documents

Literature

Exclusion List Download
Fact Sheet Download
Prospectus Download
Prospectus - Supplement Download
KIID - CHF Download
KIID - EUR Download
KIID - GBP Download
KIID - NOK Download
KIID - USD Download
PRIIP - EUR Download
PRIIP - NOK 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 31/03/23 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.