GMO Alpha Only Fund Class III

 (MUTF:GGHEX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.08%
   
1 week
   
-0.08%  
4 week   +0.96%
   
3 month   +0.67%
   
YTD   +1.25%
   
1 year
   
-0.44%  
3 years*   +1.26%
   
5 years*
   
-0.79%  
*annualized
Best 3 month return+10.08%  
Worst 3 month return-8.37%  

Morningstar statistics

Morningstar category: Market Neutral
  Return Risk Rating
3 years Average Below Average
5 years Below Average Average
10 years Average Average
Overall Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets3.65B 
Front load-  
Deferred load-  
Expense ratio0.66%  
Management fee-  
Fund familyGMO 

Asset allocation

Cash49.18%  
Stocks50.58%  
Bonds0.00%  
Preferred0.28%  
Other-0.03%  

Purchase information

Initial$10,000,000  
24.17-0.04(-0.17%)
Apr 17, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks total return greater than that of its benchmark, the Citigroup 3-Month Treasury Bill Index. The fund's investment program involves having both long and short investment exposures. The fund seeks to construct a portfolio in which it has long investment exposure to asset classes and sub-asset classes that it expects will outperform relative to the asset classes and sub-asset classes to which it has short investment exposure. It also may invest in U.S. Treasury Fund and money market funds that are unaffiliated with GMO. The fund is non-diversified.
Fund filings (PDF) »
Asset managers:
Sam Wilderman (Started: Sep 11, 2012)
Ben Inker (Started: Dec 31, 1996)
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* -0.10 -0.06 -3.23 0.23
Beta* 0.14 0.41 0.32 0.02
Mean annual return -0.01 0.13 -0.14 0.16
R-squared* 11.54 18.30 4.82 0.05
Standard deviation 1.50 2.75 4.08 3.84
Sharpe ratio -0.08 0.53 -0.43 0.08
* Against standard index

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