GMO Asset Allocation Bond Fund Class III

 (MUTF:GMOBX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.58%
   
1 week
   
-1.22%  
4 week
   
-4.55%  
3 month
   
-7.53%  
YTD
   
-2.99%  
1 year   +3.17%
   
3 years*   +1.46%
   
5 years*   +2.53%
   
*annualized
Best 3 month return+6.03%  
Worst 3 month return-2.83%  

Morningstar statistics

Morningstar category: Multisector Bond
  Return Risk Rating
3 years Low High
5 years Low Average
10 years     -     - -
Overall Low Above Average

Key statistics

Total assets4.69B 
Front load-  
Deferred load-  
Expense ratio0.40%  
Management fee-  
Fund familyGMO 

Asset allocation

Cash97.94%  
Stocks0.00%  
Bonds1.23%  
Other0.83%  

Purchase information

Initial$10,000,000  
24.08-0.03(-0.12%)
Apr 24, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks total return in excess of that of its benchmark, the Citigroup 3 Month Treasury Bill Index. 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 managers:
Sam Wilderman (Started: Nov 3, 2014)
Michael Emanuel (Started: Feb 6, 2015)
Greg Jones (Started: Feb 6, 2015)
Ben Inker (Started: Nov 3, 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* -0.09 -0.37 0.12     -
Beta* 0.98 0.77 0.64     -
Mean annual return 0.45 0.17 0.24     -
R-squared* 10.31 14.59 14.47     -
Standard deviation 9.04 5.83 4.71     -
Sharpe ratio 0.60 0.34 0.61     -
* Against standard index

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