GMO Benchmark-Free Allocation Fund Class III

 (MUTF:GBMFX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.15%
   
1 week
   
-0.15%  
4 week   +0.11%
   
3 month
   
-1.12%  
YTD   +3.54%
   
1 year   +5.75%
   
3 years*   +8.54%
   
5 years*   +7.58%
   
*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 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 assets18.92B 
Front load-  
Deferred load-  
Expense ratio0.86%  
Management fee-  
Fund familyGMO 

Asset allocation

Cash20.42%  
Stocks49.62%  
Bonds21.55%  
Preferred0.21%  
Other8.21%  

Purchase information

Initial$10,000,000  
27.52+0.04(0.15%)
Sep 18, 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* -1.46 1.46 1.16 3.69
Beta* 0.80 0.64 0.66 0.60
Mean annual return 0.81 0.69 0.66 0.75
R-squared* 83.78 85.68 85.87 73.37
Standard deviation 4.54 5.46 6.01 6.75
Sharpe ratio 2.12 1.51 1.31 1.11
* Against standard index

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