GMO Benchmark-Free Allocation Fund Class III

 (MUTF:GBMFX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.22%
   
1 week   +0.00%  
4 week   +2.13%
   
3 month   +1.11%
   
YTD   +1.30%
   
1 year   +7.04%
   
3 years*   +7.73%
   
5 years*   +10.36%
   
*annualized
Best 3 month return+12.66%  
Worst 3 month return-7.78%  

Morningstar statistics

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

Key statistics

Total assets15.43B 
Front load-  
Deferred load-  
Expense ratio0.90%  
Management fee-  
Fund familyGMO 

Asset allocation

Cash20.32%  
Stocks48.50%  
Bonds17.32%  
Preferred0.04%  
Other13.81%  

Purchase information

Initial$10,000,000  
27.28-0.02(-0.07%)
Apr 15, 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, with annualized volatility of 5-10%, over a complete market cycle. The Manager does not manage the fund to, or control the fund's risk relative to, any securities index or securities benchmark. The fund may invest in U.S. Treasury Fund and money market funds that are unaffiliated with GMO.
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* -0.76 2.66 1.69 3.66
Beta* 0.80 0.62 0.64 0.61
Mean annual return 0.65 0.65 0.86 0.73
R-squared* 91.53 86.60 83.52 71.86
Standard deviation 5.48 5.59 6.49 6.98
Sharpe ratio 1.41 1.38 1.58 1.03
* Against standard index

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