GMO Currency Hedged International Bond Fund Class III

 (MUTF:GMHBX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.11%
   
1 week
   
-0.22%  
4 week   +1.68%
   
3 month   +3.78%
   
YTD   +5.59%
   
1 year   +1.99%
   
3 years*   +8.15%
   
5 years*   +10.49%
   
*annualized
Best 3 month return+8.56%  
Worst 3 month return-12.75%  

Morningstar statistics

Morningstar category: World Bond
  Return Risk Rating
3 years High Average
5 years Above Average Below Average
10 years Average Below Average
Overall Above Average Below Average

Key statistics

Total assets72.66M 
Front load-  
Deferred load-  
Expense ratio0.43%  
Management fee-  
Fund familyGMO 

Asset allocation

Cash15.95%  
Stocks0.06%  
Bonds82.26%  
Other1.73%  

Purchase information

Initial$10,000,000  
9.06-0.01(-0.11%)
Apr 24, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks total return in excess of that of its benchmark, the J.P. Morgan GBI Global ex Japan ex U.S. (Hedged). The fund's investment program has two principal components. One component seeks to replicate the fund's benchmark. The second component seeks to add value relative to the fund's benchmark by taking positions that may not be related to its benchmark. Under normal circumstances, the fund invests directly and indirectly (e.g., through other GMO Funds or derivatives) at least 80% of its assets in bonds. It is non-diversified.
Fund filings (PDF) »
Asset manager:
Marc Seidner (Started: Mar 1, 2014)
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* 2.94 2.71 3.25 0.80
Beta* 1.68 1.44 1.42 0.85
Mean annual return 0.24 0.67 0.83 0.40
R-squared* 84.90 65.61 64.66 29.77
Standard deviation 6.43 5.07 4.97 5.26
Sharpe ratio 0.43 1.58 1.98 0.60
* Against standard index

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