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.

Facts

Doc Table
Fund Inception Date February 25, 2022
Fund Total Assets as of 31/10/2024 $113mm USD

USD Class A

Inception Date January 19, 2023
SEDOL 0NFAO9T
ISIN IE000NFAO9T9
NAV as of 20/11/2024 13.85

Performance

Quarter-End as of September 30, 2024(USD, %) | Climate Change Select Investment Fund Class A USD

Table Caption
QTD YTD 1-Year ITD
Climate Change Select Investment Fund 9.74 -7.20 -3.91 -11.58
MSCI ACWI 6.61 18.66 31.76 21.83
  • Climate Change Select Investment Fund
  • MSCI ACWI

Inception Date: January 19, 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.

Quarter-End as of September 30, 2024(USD, %) | Climate Change Select Investment Fund Class A USD

Table Caption
QTD YTD 1-Year ITD
Climate Change Select Investment Fund 9.96 -6.60 -3.07 -10.81
MSCI ACWI 6.61 18.66 31.76 21.83
  • Climate Change Select Investment Fund
  • MSCI ACWI

Inception Date: January 19, 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.

Month-End as of October 31, 2024(USD, %) | Climate Change Select Investment Fund Class A USD

Table Caption
MTD QTD YTD 1-Year ITD
Climate Change Select Investment Fund -8.44 -8.44 -15.04 3.19 -15.35
MSCI ACWI -2.24 -2.24 16.00 32.79 19.17
  • Climate Change Select Investment Fund
  • MSCI ACWI

Inception Date: January 19, 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.

Month-End as of October 31, 2024(USD, %) | Climate Change Select Investment Fund Class A USD

Table Caption
MTD QTD YTD 1-Year ITD
Climate Change Select Investment Fund -8.37 -8.37 -14.42 4.08 -14.61
MSCI ACWI -2.24 -2.24 16.00 32.79 19.17
  • Climate Change Select Investment Fund
  • MSCI ACWI

Inception Date: January 19, 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.

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

Calendar
Climate Change Select Investment Fund MSCI ACWI
2023 -12.55 17.84
  • Climate Change Select Investment Fund
  • MSCI ACWI

Inception Date: January 19, 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.

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

Calendar
Climate Change Select Investment Fund MSCI ACWI
2023 -11.83 17.84
  • Climate Change Select Investment Fund
  • MSCI ACWI

Inception Date: January 19, 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.

Documents

Literature

Exclusion List Download
Fact Sheet Download
Prospectus Download
Prospectus - Supplement Download
KIIDs Download
PRIIPs Download
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Downloads

Performance Download
Portfolio Composition Download
Segment Weights Download
Top Holdings 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) 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. (3) Management and Operational Risk: The risk that GMO's investment techniques will fail to produce desired results, including annualized returns and annualized volatility.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