GMO Asset Allocation Bond Fund Class III

 (MUTF:GMOBX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.37%
   
1 week
   
-4.41%  
4 week
   
-5.57%  
3 month
   
-1.12%  
YTD
   
-1.32%  
1 year   +5.51%
   
3 years*   +2.08%
   
5 years*   +3.07%
   
*annualized
Best 3 month return+6.03%  
Worst 3 month return-2.83%  

Morningstar statistics

Morningstar category: Multisector Bond
  Return Risk Rating
3 years Average Average
5 years Below Average Below Average
10 years     -     - -
Overall Below Average Below Average

Key statistics

Total assets5.08B 
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  
24.38-0.35(-1.42%)
Mar 27, 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* 6.16 1.93 1.49     -
Beta* 1.06 0.83 0.66     -
Mean annual return 0.95 0.35 0.36     -
R-squared* 46.83 34.97 28.87     -
Standard deviation 4.72 4.11 3.44     -
Sharpe ratio 2.42 1.02 1.23     -
* Against standard index

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