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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 31/03/2024 $214mm USD

AUD Class A

Inception Date February 27, 2023
SEDOL BLR74Z3
ISIN IE00BLR74Z39
NAV as of 12/04/2024 19.29

Performance

Quarter-End as of March 31, 2024(AUD, %) | Resources UCITS Fund Class A AUD

Table Caption
QTD YTD 1-Year ITD
Resources UCITS Fund 0.00 0.00 -2.15 -6.12
MSCI ACWI Commodity Producers 8.91 8.91 12.20 10.99
  • Resources UCITS Fund
  • MSCI ACWI Commodity Producers

Inception Date: February 27, 2023

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

Table Caption
QTD YTD 1-Year ITD
Resources UCITS Fund 0.19 0.19 -1.40 -5.40
MSCI ACWI Commodity Producers 8.91 8.91 12.20 10.99
  • Resources UCITS Fund
  • MSCI ACWI Commodity Producers

Inception Date: February 27, 2023

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 March 31, 2024(AUD, %) | Resources UCITS Fund Class A AUD

Table Caption
MTD QTD YTD 1-Year ITD
Resources UCITS Fund 6.32 0.00 0.00 -2.15 -6.12
MSCI ACWI Commodity Producers 7.69 8.91 8.91 12.20 10.99
  • Resources UCITS Fund
  • MSCI ACWI Commodity Producers

Inception Date: February 27, 2023

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 March 31, 2024(AUD, %) | Resources UCITS Fund Class A AUD

Table Caption
MTD QTD YTD 1-Year ITD
Resources UCITS Fund 6.39 0.19 0.19 -1.40 -5.40
MSCI ACWI Commodity Producers 7.69 8.91 8.91 12.20 10.99
  • Resources UCITS Fund
  • MSCI ACWI Commodity Producers

Inception Date: February 27, 2023

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

Calendar
Resources UCITS Fund MSCI ACWI Commodity Producers
2023 -6.65 2.86
  • Resources UCITS Fund
  • MSCI ACWI Commodity Producers

Inception Date: February 27, 2023

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

Calendar
Resources UCITS Fund MSCI ACWI Commodity Producers
2023 -6.05 2.86
  • Resources UCITS Fund
  • MSCI ACWI Commodity Producers

Inception Date: February 27, 2023

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

Fact Sheet Download
Product Highlights Sheet - Singapore Download
Prospectus - Singapore Download
Prospectus - Austrian Supplement Download
KIID - EUR Download
KIID - GBP Download
KIID - USD Download
PRIIP - EUR Download
PRIIP - GBP Download
PRIIP - SGD Download
PRIIP - USD 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 31/03/23 Download
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Document Library

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 an equity may decline due to factors affecting the issuer or its industry 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.