Overview

The GMO Resources UCITS Fund seeks to generate total return by investing in equities in the natural resources sector.

GMO’s Focused Equity team believes that the increasing demand for natural resources, driven primarily by population growth in and industrialization of emerging markets, coupled with the limited supply of these resources, favors an upward trend in resource prices over time. The Fund seeks to invest in the securities of companies that we believe will benefit from this expected long-term rise in natural resource prices.

Facts

Doc Table
Fund Inception Date March 29, 2021
Fund Total Assets as of 30/11/2024 $162mm USD

USD Class A

Inception Date March 29, 2021
SEDOL BLR74S6
ISIN IE00BLR74S61
NAV as of 6/12/2024 18.34

Performance

Quarter-End as of September 30, 2024(USD, %) | Resources UCITS Fund Class A USD

Table Caption
QTD YTD 1-Year 3-Year ITD
Resources UCITS Fund 0.25 -8.13 -7.13 -2.51 -0.47
MSCI ACWI Commodity Producers 0.63 4.83 4.81 11.81 11.65
  • Resources UCITS Fund 1
  • MSCI ACWI Commodity Producers

Inception Date: March 29, 2021

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 September 30, 2024(USD, %) | Resources UCITS Fund Class A USD

Table Caption
QTD YTD 1-Year 3-Year ITD
Resources UCITS Fund 0.44 -7.60 -6.42 -1.77 0.28
MSCI ACWI Commodity Producers 0.63 4.83 4.81 11.81 11.65
  • Resources UCITS Fund 1
  • MSCI ACWI Commodity Producers

Inception Date: March 29, 2021

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 November 30, 2024(USD, %) | Resources UCITS Fund Class A USD

Table Caption
MTD QTD YTD 1-Year 3-Year ITD
Resources UCITS Fund 1.39 -3.51 -11.35 -4.43 -4.05 -1.41
MSCI ACWI Commodity Producers 0.31 -2.74 1.96 4.70 10.60 10.26
  • Resources UCITS Fund 1
  • MSCI ACWI Commodity Producers

Inception Date: March 29, 2021

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 November 30, 2024(USD, %) | Resources UCITS Fund Class A USD

Table Caption
MTD QTD YTD 1-Year 3-Year ITD
Resources UCITS Fund 1.45 -3.38 -10.73 -3.70 -3.32 -0.66
MSCI ACWI Commodity Producers 0.31 -2.74 1.96 4.70 10.60 10.26
  • Resources UCITS Fund 1
  • MSCI ACWI Commodity Producers

Inception Date: March 29, 2021

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 (USD, %) | Resources UCITS Fund Class A USD

Calendar
Resources UCITS Fund MSCI ACWI Commodity Producers
2023 -2.55 3.64
2022 -1.17 21.08
2021 11.15 11.89
  • Resources UCITS Fund 1
  • MSCI ACWI Commodity Producers

Inception Date: March 29, 2021

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 (USD, %) | Resources UCITS Fund Class A USD

Calendar
Resources UCITS Fund MSCI ACWI Commodity Producers
2023 -1.80 3.64
2022 -0.41 21.08
2021 11.78 11.89
  • Resources UCITS Fund 1
  • MSCI ACWI Commodity Producers

Inception Date: March 29, 2021

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
PRIIPs Download
Download All Download

Downloads

Performance Download
Portfolio Composition Download
Segment Weights Download
Holdings Download
Holdings - Public 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
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
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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. (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 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.

This product is based overseas and is not subject to the UK sustainable investment labelling and disclosure requirements. Please refer to the UK Financial Conduct Authority webpage for more information: https://www.fca.org.uk/consumers/sustainable-investment-labels-greenwashing