GMO Benchmark-Free Allocation Fund Class III

 (MUTF:GBMFX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.15%
   
1 week
   
-1.68%  
4 week
   
-1.72%  
3 month
   
-0.38%  
YTD   +1.04%
   
1 year
   
-2.27%  
3 years*   +6.06%
   
5 years*   +7.24%
   
*annualized
Best 3 month return+12.66%  
Worst 3 month return-7.78%  

Morningstar statistics

Morningstar category: World Allocation
  Return Risk Rating
3 years Average Below Average
5 years Below Average Low
10 years Above Average Low
Overall Average Low
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets22.67B 
Front load-  
Deferred load-  
Expense ratio0.86%  
Management fee-  
Fund familyGMO 

Asset allocation

Cash38.96%  
Stocks43.09%  
Bonds7.20%  
Preferred0.44%  
Other10.31%  

Purchase information

Initial$0  
26.39-0.01(-0.04%)
Jul 2, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks positive total return not "relative" return. The fund is structured as a fund of funds and gains its investment exposures primarily by investing in Implementation Fund. It seeks annualized excess returns of 5% (net of fees) above the Consumer Price Index and expects annualized volatility of 5-10% over a complete market cycle.
Fund filings (PDF) »
Asset managers:
Sam Wilderman (Started: Sep 11, 2012)
Ben Inker (Started: Jul 23, 2003)
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* -2.64 -0.71 1.20 2.90
Beta* 0.82 0.83 0.65 0.60
Mean annual return 0.02 0.64 0.61 0.64
R-squared* 65.01 78.15 82.45 73.01
Standard deviation 5.71 5.06 5.68 6.75
Sharpe ratio 0.03 1.50 1.28 0.94
* Against standard index

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