GMO Benchmark-Free Allocation Fund Class III

 (MUTF:GBMFX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.32%  
1 week   +2.83%
   
4 week
   
-3.56%  
3 month
   
-5.90%  
YTD
   
-3.26%  
1 year
   
-5.85%  
3 years*   +3.88%
   
5 years*   +5.82%
   
*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 assets22.15B 
Front load-  
Deferred load-  
Expense ratio0.90%  
Management fee-  
Fund familyGMO 

Asset allocation

Cash31.86%  
Stocks41.22%  
Bonds14.51%  
Preferred0.71%  
Other11.70%  

Purchase information

Initial$0  
24.68-0.08(-0.32%)
Aug 31, 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 the adviser 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* -3.32 -1.37 0.74 2.53
Beta* 0.86 0.83 0.66 0.60
Mean annual return -0.13 0.46 0.53 0.59
R-squared* 65.42 78.25 81.30 72.94
Standard deviation 5.82 5.07 5.66 6.78
Sharpe ratio -0.26 1.07 1.12 0.84
* Against standard index

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