GMO Benchmark-Free Allocation Fund Class III

 (MUTF:GBMFX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.30%  
1 week   +0.61%
   
4 week
   
-3.39%  
3 month
   
-4.78%  
YTD
   
-0.37%  
1 year   +0.44%
   
3 years*   +7.03%
   
5 years*   +6.20%
   
*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 Average Low
10 years Above Average Low
Overall Above Average Low
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets19.07B 
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  
26.48-0.08(-0.30%)
Oct 22, 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* -0.84 0.71 1.13 3.52
Beta* 0.77 0.68 0.66 0.60
Mean annual return 0.47 0.72 0.60 0.72
R-squared* 86.28 85.54 86.26 73.74
Standard deviation 4.99 5.31 6.09 6.78
Sharpe ratio 1.12 1.61 1.17 1.04
* Against standard index

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