GMO Benchmark-Free Allocation Fund Class III

 (MUTF:GBMFX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.12%
   
1 week   +0.08%
   
4 week   +1.80%
   
3 month   +1.47%
   
YTD   +2.80%
   
1 year
   
-2.77%  
3 years*   +1.19%
   
5 years*   +3.67%
   
*annualized
Best 3 month return+12.66%  
Worst 3 month return-7.78%  

Morningstar statistics

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

Key statistics

Total assets15.67B 
Front load0.20%  
Deferred load-  
Expense ratio0.94%  
Management fee-  
Fund familyGMO 

Asset allocation

Cash30.97%  
Stocks42.89%  
Bonds21.04%  
Preferred1.53%  
Convertible0.07%  
Other3.51%  

Purchase information

Initial$10,000,000  
25.10+0.03(0.12%)
Jul 21, 8:00PM 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 returns of 5% (net of fees) above the Consumer Price Index and annualized volatility (standard deviation) of 5-10%, each 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* -5.83 -3.48 -0.62 1.46
Beta* 0.91 0.88 0.73 0.60
Mean annual return -0.34 0.13 0.31 0.46
R-squared* 97.73 87.73 82.90 76.73
Standard deviation 8.24 6.56 6.28 6.82
Sharpe ratio -0.52 0.22 0.58 0.67
* Against standard index

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