GCHPX — GMO Climate Change Series Fund
Data updated: 2021-01-29
GCHPX — GMO Climate Change Series Fund. Money Market · $18.76M AUM · 0.88% expense ratio · 37.9% 1-yr return. Holdings, fees, performance and SEC filings.
GCHPX Fund Overview
GCHPX — GMO Climate Change Series Fund is a US mutual fund managed by GMO Series Trust, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: GMO Series Trust
- Category: Money Market
- Assets under management: $18.76M
- 1-year return: 37.9%
- Ticker: GCHPX
- SEC CIK: 0001521894
- SEC series ID: S000059787
- Share class ID: C000195620
GCHPX Investment Objective and Strategy
GMO Climate Change Series Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by GMO Series Trust.
Investment objective
High total return.
Principal investment strategy
"The Fund invests substantially all of its assets in Class III shares of GMO Climate Change Fund (""Climate Change Fund""), a series of GMO Trust not offered in this Prospectus. Climate Change Fund invests in securities and other instruments. The Fund's investment objective and principal investment strategies are substantially similar to those of Climate Change Fund. Except as otherwise indicated, references to the Fund may also refer to Climate Change Fund, and references to actions undertaken or investments held by the Fund may also refer to those by Climate Change Fund. GMO serves as investment adviser for both the Fund and Climate Change Fund. GMO seeks to achieve the Fund's investment objective 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.
Due to the far-reaching effects and evolving innovation related to climate change, the Fund expects such companies to be involved in a wide array of businesses. GMO determines the securities the Fund buys and sells based on its evaluation of companies' published financial information and corporate behavior (such as profit warnings, share issuance or repurchase, and director dealings in company stock), ESG (environmental, social, and governance) criteria, securities' prices, commodities' prices, equity and bond markets, the overall global economy, and governmental policies. In selecting securities for the Fund, GMO uses a combination of investment methods to identify securities GMO believes have positive return potential. Some of these methods evaluate individual companies or groups of companies based on the ratio of their security price to historical financial information and forecasted financial information, such as book value, cash flow and earnings, and a comparison of these ratios to current and historical industry, market or company averages.
Other methods focus on patterns of information, such as price movement or volatility of a security or groups of securities. The Fund may invest in securities of issuers of any market capitalization, including small capitalization companies. The Fund also may engage in merger arbitrage. The Fund has no limit on the amount it may invest in any single asset class, sector, country, industry, region or issuer. The factors GMO considers and investment methods GMO uses can change over time. GMO does not manage the Fund to, or control the Fund's risk relative to, any securities index or securities benchmark. The Fund has a fundamental policy to concentrate its investments in climate change-related industries and, under normal market conditions, the Fund invests at least 80% of its assets in companies involved in such industries (see ""Name Policies"").
The Fund considers ""climate change-related industries"" to include clean energy, batteries and storage, electric grid, energy efficiency, recycling and pollution control, agriculture, water, and businesses that service such industries. The Fund is permitted to invest directly and indirectly in equities of companies tied economically to any country in the world, including emerging countries. As an alternative to investing directly in equities, the Fund may invest in exchange-traded and over-the-counter (OTC) derivatives and exchange-traded funds (ETFs). The Fund also may invest in derivatives and ETFs in an attempt to obtain or adjust elements of its long or short investment exposure, and as a substitute for securities lending. Derivatives used may include futures, options, forward currency contracts and swap contracts.
In addition, the Fund may lend its portfolio securities. The Fund also may invest in GMO U.S. Treasury Fund, in money market funds unaffiliated with GMO, and directly in the types of investments typically held by money market funds. The Fund may hold cash, cash equivalents, and/or U.S. government securities to manage cash inflows and outflows as a result of shareholder purchases and redemptions."
GCHPX Performance
Total returns for GCHPX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 37.9% |
GCHPX Risk Information
Risk metrics for GCHPX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 35.9%
GCHPX Costs and Fees
GCHPX costs about $88 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.88%
- Gross expense ratio: 1.17%
- Portfolio turnover: 4%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
GCHPX Cashflows
Over the 12 months to 2020-11, GMO Climate Change Series Fund had net inflows of $2.76M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-11 | $47.12K |
| 2020-10 | $827.90K |
| 2020-09 | $372.90K |
| 2020-08 | $349.76K |
| 2020-07 | $296.18K |
| 2020-06 | $227.70K |
GCHPX Debt Constituents
No individual debt constituents are reported in GMO Climate Change Series Fund's latest SEC N-PORT filing.
GCHPX Prospectus and SEC Filings
Official GMO Climate Change Series Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-07-17
- Prospectus (485BPOS) — filed 2019-07-22
- Prospectus supplement (497) — filed 2018-10-17
- Portfolio holdings (N-PORT) — filed 2021-01-29
- Portfolio holdings (N-PORT) — filed 2020-10-28
- Portfolio holdings (N-PORT) — filed 2020-07-28
- Annual census (N-CEN) — filed 2020-05-12
- Annual census (N-CEN) — filed 2019-05-10
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.