GMO Benchmark-Free Allocation Fund Class III

 (MUTF:GBMFX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.20%
   
1 week
   
-0.65%  
4 week
   
-3.69%  
3 month
   
-6.54%  
YTD
   
-3.77%  
1 year
   
-6.58%  
3 years*   +3.70%
   
5 years*   +5.34%
   
*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 Average Low
10 years Above Average Low
Overall Above Average Low
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets20.41B 
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  
24.31-0.24(-0.98%)
Sep 4, 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* -2.50 -1.62 0.19 2.24
Beta* 0.93 0.85 0.68 0.60
Mean annual return -0.48 0.33 0.49 0.54
R-squared* 75.34 81.74 82.31 73.46
Standard deviation 6.65 5.56 5.92 6.90
Sharpe ratio -0.88 0.70 0.98 0.76
* Against standard index

Top 10 holdings