GMO Currency Hedged International Bond Fund Class III

 (MUTF:GMHBX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.10%
   
1 week   +0.95%
   
4 week   +2.35%
   
3 month   +3.79%
   
YTD   +11.64%
   
1 year   +13.36%
   
3 years*   +8.36%
   
5 years*   +9.41%
   
*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 High Average
10 years Average Below Average
Overall Above Average Average

Key statistics

Total assets75.66M 
Front load-  
Deferred load-  
Expense ratio0.44%  
Management fee-  
Fund familyGMO 

Asset allocation

Cash23.14%  
Stocks0.07%  
Bonds76.63%  
Other0.17%  

Purchase information

Initial$10,000,000  
9.590.00(0.00%)
Aug 29, 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). 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. The term "bond" includes (i) obligations of an issuer to make payments of principal and/or interest (whether fixed or variable) on future dates and (ii) synthetic debt instruments created by GMO by using derivatives (e.g., a futures contract, swap contract, currency forward, or option). 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* 3.73 3.68 3.19 1.06
Beta* 1.32 1.48 1.37 0.85
Mean annual return 0.74 0.68 0.77 0.45
R-squared* 69.27 64.82 63.31 28.13
Standard deviation 3.90 4.94 4.82 5.20
Sharpe ratio 2.27 1.64 1.89 0.71
* Against standard index

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