Climate Change Investment Fund

Skip

Home
Investment Capabilities
Funds
Climate Change Investment Fund

Start Investing Download Fact Sheet

Management

Lucas White

Portfolio Manager

Mr. White is the 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 B.A. in Economics and Psychology from Duke University. He is a CFA charterholder.

Tom Hancock

Head of Focused Equity

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

Overview

The GMO Climate Change Investment Fund seeks to generate high total return. The Fund’s benchmark is the MSCI All Country World Index.

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.

Facts

Doc Table
Fund Inception Date	March 14, 2018
Fund Total Assets as of 31/03/2021	$307mm USD
Benchmark	MSCI ACWI

GBP Class A

Inception Date	March 14, 2018
SEDOL	BDT8SN4
ISIN	IE00BDT8SN47
NAV as of 16/04/2021	33.18

Performance

Table Caption
	QTD	YTD	1-Year	3-Year	ITD
Climate Change Investment Fund	8.07	8.07	93.74	19.17	17.63
MSCI ACWI	3.61	3.61	38.94	12.72	11.13

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.

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.

Table Caption
	QTD	YTD	1-Year	3-Year	ITD
Climate Change Investment Fund	8.30	8.30	95.33	20.20	18.65
MSCI ACWI	3.61	3.61	38.94	12.72	11.13

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.

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.

Table Caption
	MTD	QTD	YTD	1-Year	3-Year	ITD
Climate Change Investment Fund	2.92	8.07	8.07	93.74	19.17	17.63
MSCI ACWI	4.04	3.61	3.61	38.94	12.72	11.13

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.

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.

Table Caption
	MTD	QTD	YTD	1-Year	3-Year	ITD
Climate Change Investment Fund	2.99	8.30	8.30	95.33	20.20	18.65
MSCI ACWI	4.04	3.61	3.61	38.94	12.72	11.13

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.

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.

Calendar
	Climate Change Investment Fund	MSCI ACWI
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.

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.

Calendar
	Climate Change Investment Fund	MSCI ACWI
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.

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.

Documents

Literature

Fact Sheet		Download
Prospectus		Download
Prospectus - First Supplement		Download
Prospectus - Second Supplement		Download
Prospectus - UAE Wrapper Dec 2018		Download
Prospectus - Abu Dhabi Global Market Wrapper Dec 2018		Download
Prospectus - DIFC Wrapper Dec 2018		Download
Prospectus - DIFC Wrapper Feb 2018		Download
Prospectus - UK Country Supplement - Mar 2021		Download
KIIDs - DKK		Download
KIIDs - EUR		Download
KIIDs - GBP		Download
KIIDs - SEK		Download
KIIDs - USD		Download
Download All		Download

Downloads

Performance		Download
Portfolio Composition		Download
Holdings		Download
Download All		Download

Commentary & Attribution

Commentary - Quarterly		Download
Commentary - Annual		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		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.