Climate Change Investment Fund

Skip

Home
Investment Capabilities
Funds
Climate Change Investment Fund

Start Investing Download Fact Sheet

Management

Lucas White

Portfolio Manager, Focused Equity

Mr. White is the lead 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 bachelor's degree in Economics and Psychology from Duke University. He is a CFA charterholder.

Tom Hancock

Head of Focused Equity

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

Overview

The GMO Climate Change Investment Fund seeks to generate 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 improve the efficiency of resource consumption.

Facts

Doc Table
Fund Inception Date	March 14, 2018
Fund Total Assets as of 30/04/2023	$939mm USD

GBP Class A

Inception Date	March 14, 2018
SEDOL	BDT8SN4
ISIN	IE00BDT8SN47
NAV as of 26/05/2023	34.12

Performance

Table Caption
	QTD	YTD	1-Year	3-Year	5-Year	ITD
Climate Change Investment Fund	3.65	3.65	-2.83	28.30	13.02	12.19
MSCI ACWI	4.39	4.39	-1.43	15.48	9.68	8.76

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 Fund uses the MSCI All Country World Index for performance comparison purposes only. The Fund is not managed to, or risk controlled relative to, any securities index or securities benchmark.

Table Caption
	QTD	YTD	1-Year	3-Year	5-Year	ITD
Climate Change Investment Fund	3.87	3.87	-1.99	29.39	14.00	13.16
MSCI ACWI	4.39	4.39	-1.43	15.48	9.68	8.76

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 Fund uses the MSCI All Country World Index for performance comparison purposes only. The Fund is not managed to, or risk controlled relative to, any securities index or securities benchmark.

Table Caption
	MTD	QTD	YTD	1-Year	3-Year	5-Year	ITD
Climate Change Investment Fund	-4.67	-4.67	-1.19	2.07	21.96	11.17	10.95
MSCI ACWI	-0.21	-0.21	4.17	1.95	12.18	9.01	8.57

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 Fund uses the MSCI All Country World Index for performance comparison purposes only. The Fund is not managed to, or risk controlled relative to, any securities index or securities benchmark.

Table Caption
	MTD	QTD	YTD	1-Year	3-Year	5-Year	ITD
Climate Change Investment Fund	-4.60	-4.60	-0.92	2.94	22.99	12.13	11.90
MSCI ACWI	-0.21	-0.21	4.17	1.95	12.18	9.01	8.57

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 Fund uses the MSCI All Country World Index for performance comparison purposes only. The Fund is not managed to, or risk controlled relative to, any securities index or securities benchmark.

Calendar
	Climate Change Investment Fund	MSCI ACWI
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

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 Fund uses the MSCI All Country World Index for performance comparison purposes only. The Fund is not managed to, or risk controlled relative to, any securities index or securities benchmark.

Calendar
	Climate Change Investment Fund	MSCI ACWI
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

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 Fund uses the MSCI All Country World Index for performance comparison purposes only. The Fund is not managed to, or risk controlled relative to, any securities index or securities benchmark.

Documents

Literature

Fact Sheet		Download
Product Highlights Sheet - Singapore		Download
Prospectus		Download
Prospectus - Singapore		Download
Prospectus - Austrian Supplement		Download
Prospectus - Fifth Supplement		Download
Prospectus - First Supplement		Download
Prospectus - Fourth Supplement		Download
Prospectus - Second Supplement		Download
Prospectus - Sixth Supplement		Download
Prospectus - Third Supplement		Download
Prospectus - UK Supplement		Download
KIIDs - GBP		Download
KIIDs - USD		Download
PRIIP - DKK		Download
PRIIP - EUR		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 3/31/22		Download
Fair Value Hierarchy - As of 9/30/22		Download
Download All		Download

Document Library

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.