GMO Emerging Country Debt Fund Class IV

 (MUTF:GMDFX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-1.73%  
1 week
   
-5.26%  
4 week
   
-6.48%  
3 month
   
-8.02%  
YTD   +2.37%
   
1 year   +2.37%
   
3 years*   +9.15%
   
5 years*   +11.78%
   
*annualized
Best 3 month return+20.28%  
Worst 3 month return-31.87%  

Morningstar statistics

Morningstar category: Emerging Markets Bond
  Return Risk Rating
3 years High Average
5 years High Above Average
10 years High High
Overall High Above Average

Key statistics

Total assets3.51B 
Front load-  
Deferred load-  
Expense ratio0.52%  
Management fee-  
Fund familyGMO 

Asset allocation

Cash6.63%  
Stocks1.94%  
Bonds87.54%  
Other3.89%  

Purchase information

Initial$125,000,000  
8.90-0.09(-1.00%)
Dec 16, 4:00PM EST Overall Morningstar RatingTM

Description

The investment seeks total return in excess of that of its benchmark, the J.P. Morgan EMBI Global. The fund invests primarily in debt of emerging countries that is issued by a sovereign or its instrumentalities and that usually is denominated in U.S. dollars, Euros, Japanese yen, Swiss francs or British pounds sterling. Under normal circumstances, it invests directly and indirectly (e.g., through other GMO Funds or derivatives) at least 80% of its assets in debt investments tied economically to emerging countries. It is non-diversified.
Fund filings (PDF) »
Asset manager:
Thomas Cooper (Started: Apr 19, 1994)
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* 9.93 7.50 8.92 4.46
Beta* 0.20 1.44 1.03 1.62
Mean annual return 0.92 0.98 1.09 0.93
R-squared* 0.46 20.45 9.52 18.59
Standard deviation 7.38 8.62 9.45 12.26
Sharpe ratio 1.48 1.36 1.38 0.79
* Against standard index

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