Climate change, a topic of daily conversation, has sparked a global industry worth billions and, soon, trillions of dollars. Discover investment opportunities in this field through the expertise of Lucas White, Lead Portfolio Manager of GMO’s successful Climate Change Strategy. With the impressive performance of GMO’s Climate Change Fund, which beats its benchmark and boasts 12% annualized returns, investors gain exposure to companies combatting climate change and adapting to its effects. White shares insights on the fund’s unique approach and discusses his journey in launching it.
WEALTHTRACK Episode #2003 broadcast on July 14, 2023
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LUCAS WHITE
- Lead Portfolio Manager, GMO’s Resources & Climate Change Strategies
- Portfolio Manager, GMO Climate Change Fund
- Portfolio Manager, GMO Resources Fund
ACTION POINT
CONSIDER ADDING SOME NATURAL RESOURCES TO YOUR PORTFOLIO
INVESTMENT POTENTIAL:
- Long-term rise in global demand
- Need for key metals & materials as the world transitions to a greener economy
Large & established Natural Resources funds highly rated by Morningstar
- T. ROWE PRICE NEW ERA FUND (PRNEX)
- Morningstar Gold analyst rating
- Founded in 1969
- Invests a minimum of two-thirds of assets in companies that own or develop natural resources & other basic commodities
- SPDR GLOBAL NATURAL RESOURCES ETF (GNR)
- Morningstar Silver analyst rating
- Established in 2010
- Tracks S&P Global Natural Resources Index
- Equally weighted among Agriculture, Energy & Metals and Mining sub-indexes
ONE INVESTMENT
CLEAN ENERGY LEADER
Buy: Solaredge Technologies (SEDG)
STOCK, BOND, FUND MENTIONS
Siemens Energy ADR (SMNEY)
Enphase Energy Inc. (ENPH)
Vestas Wind Systems A/S ADR (VWDRY)
Darling Ingredients Inc. (DAR)
GrafTech International Ltd. (EAF)
AGCO Corporation (AGCO)
Deere & Co. (DE)
Veolia Environnement SA ADR (VEOEY)
WEB EXTRA
INVESTMENT LEGEND INFLUENCE
What’s it like to work with Great Investor Jeremy Grantham? Lucas White describes the experience.
COPPER IS NEEDED TO TACKLE CLIMATE CHANGE. LUCAS WHITE EXPLAINS HIS SIZABLE STAKE IN IVANHOE MINES
GMO Climate Change fund’s Lucas White describes why copper producer Ivanhoe Mines is one of his largest holdings.
