GMO Benchmark-Free Allocation Fund Class III

 (MUTF:GBMFX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.45%  
1 week
   
-2.99%  
4 week
   
-2.67%  
3 month
   
-4.58%  
YTD
   
-1.20%  
1 year   +0.61%
   
3 years*   +6.83%
   
5 years*   +5.63%
   
*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 assets20.30B 
Front load-  
Deferred load-  
Expense ratio0.86%  
Management fee-  
Fund familyGMO 

Asset allocation

Cash27.32%  
Stocks46.26%  
Bonds16.38%  
Preferred0.21%  
Other9.84%  

Purchase information

Initial$0  
26.81+0.31(1.17%)
Dec 18, 4:00PM EST 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 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* -1.46 -0.08 0.51 3.29
Beta* 0.72 0.75 0.66 0.59
Mean annual return 0.28 0.65 0.55 0.68
R-squared* 78.15 85.99 86.79 73.28
Standard deviation 4.59 5.15 6.02 6.73
Sharpe ratio 0.74 1.50 1.08 0.99
* Against standard index

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