UI Elements in World Space are not being rendered

Hello. I seem to have a small problem as the UI elements such as text are not being rendered in the world space. I can see them as an overlay, but when I change the render mode to world space no text is shown. I am sure the camera and the text are in the right place as I can see the text from the camera preview, but when I hit play nothing is shown. I have googled but found no solution, any idea what might be causing this?

@Crovax, it would be good if you could ask this sort of question over at the Udemy Q&A instead so other students would be able to find it easily.

Perhaps adding some screenshots would help as well.