GMO Alpha Only Fund Class IV

 (MUTF:GAPOX)   Watch this mutual fund  
Find more results for MUTF:GAPOX

Performance

Trailing returns

1 day
   
-0.17%  
1 week
   
-0.50%  
4 week   +0.29%
   
3 month   +0.42%
   
YTD   +0.79%
   
1 year
   
-1.25%  
3 years*   +1.06%
   
5 years*
   
-0.70%  
*annualized
Best 3 month return+10.13%  
Worst 3 month return-8.36%  

Morningstar statistics

Morningstar category: Market Neutral
  Return Risk Rating
3 years Average Below Average
5 years Below Average Average
10 years Average Below Average
Overall Below Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets3.65B 
Front load-  
Deferred load-  
Expense ratio0.61%  
Management fee-  
Fund familyGMO 

Asset allocation

Cash49.18%  
Stocks50.58%  
Bonds0.00%  
Preferred0.28%  
Other-0.03%  

Purchase information

Initial$125,000,000  
24.14+0.03(0.12%)
Apr 24, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks total return greater than that of its benchmark, the Citigroup 3-Month Treasury Bill Index. The fund's investment program involves having both long and short investment exposures. The fund seeks to construct a portfolio in which it has long investment exposure to asset classes and sub-asset classes that it expects will outperform relative to the asset classes and sub-asset classes to which it has short investment exposure. It also may invest in U.S. Treasury Fund and money market funds that are unaffiliated with GMO. The fund is non-diversified.
Fund filings (PDF) »
Asset managers:
Sam Wilderman (Started: Sep 11, 2012)
Ben Inker (Started: Dec 31, 1996)
Advisor Company:
Grantham, Mayo, Van Otterloo & Co., LLC
Fund family reports on Morningstar »
GMO, 40 Rowes Wharf, Boston MA 02110, USA
617-261-0134 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* -0.13 -0.01 -3.24 0.26
Beta* 0.14 0.41 0.33 0.03
Mean annual return -0.01 0.13 -0.14 0.16
R-squared* 11.11 18.08 5.16 0.06
Standard deviation 1.51 2.76 4.05 3.83
Sharpe ratio -0.10 0.54 -0.42 0.09
* Against standard index

Top 10 holdings