Climate-focused product from premiere investment manager now available to Australian investors.
SYDNEY--(BUSINESS WIRE)--Global investment manager Grantham, Mayo, Van Otterloo & Co. LLC (GMO) has launched a new Australian investment trust for wholesale investors. The trust, led by investment veteran Lucas White, will provide Australian investors with access to GMO�s Climate Change Strategy, which invests in companies GMO believes are positioned to benefit either directly or indirectly from efforts to mitigate or adapt to the long-term effects of global climate change. The strategy builds upon the work of GMO Co-Founder Jeremy Grantham, who is widely recognized as a leading global advocate for climate change efforts and investment and in 1997 founded the Grantham Foundation for the Protection of the Environment.
�Climate change awareness, attitudes and opportunities have come a long way since GMO began writing on the subject in 2010,� said Mr. White. �Improving economics for clean energy, combined with a growing global awareness of the magnitude of the problem we�re up against, will support secular growth in the climate change sector for decades to come.�
�We don�t believe that you have to sacrifice returns in order to invest in companies helping the world address climate change; on the contrary, we believe there will be tremendous opportunities to generate strong returns,� Mr. White continued. �Implementing a disciplined, value-oriented approach and a careful examination of the fundamentals are also critical in navigating a sector likely to be rife with hype and stories.�
Since inception in April 2017 the GMO Climate Change Strategy has consistently outperformed its benchmark and currently has $917 Million USD in assets under management.
The GMO Climate Change Trust joins GMO Australia�s existing suite of funds including the GMO Quality Trust, two Systematic Global Macro strategies and an Emerging Market equities trust.
*Past performance is not a reliable indicator of future performance. The GMO Climate Change Trust has recently launched and has no meaningful performance history. Performance of the GMO Climate Change Trust may vary from the performance of the Climate Change Strategy. This statement has been prepared without taking account the objectives, financial situation or needs of individuals. Units in the GMO Climate Change Trust are issued by GMO Australia Limited. Before making an investment decision about the GMO Climate Change Trust persons should read the offer document which can be obtained from GMO Australia Limited.
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About GMO
GMO is a global investment manager that brings together focused expertise within our investment teams, industry-leading research, and tailored client service to advance our clients� goals. Privately owned and renowned for our conviction in a valuation-based, long-term investment philosophy, GMO has been a partner to institutions, family offices, wealth managers, and consultants for over 40 years. For more information, please visit www.gmo.com.
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