GMO Benchmark-Free Allocation Fund Class III

 (MUTF:GBMFX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.44%  
1 week
   
-0.77%  
4 week
   
-0.66%  
3 month
   
-0.55%  
YTD   +3.38%
   
1 year   +0.78%
   
3 years*   +7.93%
   
5 years*   +7.52%
   
*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 assets22.14B 
Front load-  
Deferred load-  
Expense ratio0.86%  
Management fee-  
Fund familyGMO 

Asset allocation

Cash38.96%  
Stocks43.09%  
Bonds7.20%  
Preferred0.44%  
Other10.31%  

Purchase information

Initial$0  
26.90-0.12(-0.44%)
May 28, 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 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* -2.15 -0.06 0.68 2.96
Beta* 0.84 0.80 0.68 0.60
Mean annual return 0.17 0.55 0.53 0.66
R-squared* 66.22 81.39 83.88 73.08
Standard deviation 5.85 5.53 6.22 6.75
Sharpe ratio 0.34 1.19 1.02 0.96
* Against standard index

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