KWH – GMO Power Infrastructure ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks total return. GMO seeks to achieve the fund’s investment objective by investing the fund’s assets primarily in equities of companies operating in power infrastructure-related industries. Given global population growth, accelerating electrification, rising wealth in emerging markets, reindustrialization of developed economies and the increasing energy infrastructure requirements from datacenters partly due to the emergence of artificial intelligence (“AI”), GMO believes that companies economically tied to power infrastructure will benefit from the increasing demand for electricity, energy and related infrastructure. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
KWH	GMO Power Infrastructure ETF	ETF	Open	—	—	Jul 14, 2026	$55.26M	0.600%	—	—	—

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