GMO Benchmark-Free Allocation Fund Class III

 (MUTF:GBMFX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.07%
   
1 week   +0.04%
   
4 week
   
-0.08%  
3 month   +2.80%
   
YTD   +4.71%
   
1 year   +8.76%
   
3 years*   +7.97%
   
5 years*   +8.74%
   
*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 Below Average Low
10 years Above Average Low
Overall Average Low
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets18.04B 
Front load-  
Deferred load-  
Expense ratio0.86%  
Management fee-  
Fund familyGMO 

Asset allocation

Cash18.21%  
Stocks50.32%  
Bonds18.84%  
Preferred0.09%  
Other12.54%  

Purchase information

Initial$10,000,000  
27.83+0.02(0.07%)
Jul 23, 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.
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* -0.54 2.64 1.42 4.13
Beta* 0.77 0.62 0.66 0.60
Mean annual return 0.90 0.69 0.77 0.78
R-squared* 86.98 85.48 86.80 72.77
Standard deviation 4.72 5.44 6.15 6.76
Sharpe ratio 2.29 1.51 1.48 1.15
* Against standard index

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