GIEAX: GMO International Equity Allc III

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GIEAX GMO International Equity Allc III


Profile

GIEAX - Profile

Vitals

  • YTD Return -23.7%
  • 3 Yr Annualized Return -6.4%
  • 5 Yr Annualized Return 17.7%
  • Net Assets $857 M
  • Holdings in Top 10 99.7%

52 WEEK LOW AND HIGH

$23.17
$20.32
$31.38

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.01%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 8.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $5,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -23.7%
  • 3 Yr Annualized Total Return -4.2%
  • 5 Yr Annualized Total Return 21.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.09%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    GMO International Equity Allocation Fund
  • Fund Family Name
    GMO
  • Inception Date
    Oct 11, 1996
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Ben Inker

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Categories

Performance

GIEAX - Performance

Return Ranking - Trailing

Period GIEAX Return Category Return Low Category Return High Rank in Category (%)
YTD -23.7% -36.2% 46.2% 25.79%
1 Yr -17.8% -33.3% 47.9% 16.77%
3 Yr -6.4%* -17.5% 5.2% 15.52%
5 Yr 17.7%* -11.0% 17.7% 0.44%
10 Yr 9.2%* -7.0% 9.2% 0.72%

* Annualized

Return Ranking - Calendar

Period GIEAX Return Category Return Low Category Return High Rank in Category (%)
2019 19.1% 1.8% 20.3% 1.95%
2018 -20.8% -35.7% -7.4% 61.17%
2017 23.9% 8.4% 27.7% 10.78%
2016 208.8% -9.2% 208.8% 0.41%
2015 -15.2% -27.8% 5.1% 93.64%

Total Return Ranking - Trailing

Period GIEAX Return Category Return Low Category Return High Rank in Category (%)
YTD -23.7% -36.2% 46.2% 25.79%
1 Yr -17.8% -33.3% 47.9% 16.77%
3 Yr -4.2%* -17.5% 3.9% 8.66%
5 Yr 21.8%* -11.0% 21.8% 0.44%
10 Yr 13.3%* -7.0% 13.3% 0.72%

* Annualized

Total Return Ranking - Calendar

Period GIEAX Return Category Return Low Category Return High Rank in Category (%)
2019 19.1% 1.8% 20.3% 1.95%
2018 -17.8% -35.7% -6.2% 44.33%
2017 27.8% 10.5% 30.2% 4.46%
2016 219.6% -7.3% 219.6% 0.41%
2015 -8.9% -26.3% 6.0% 84.09%

NAV & Total Return History


Holdings

GIEAX - Holdings

Concentration Analysis

GIEAX Category Low Category High GIEAX % Rank
Net Assets 857 M 1.69 M 43.1 B 31.46%
Number of Holdings 4 1 2986 97.51%
Net Assets in Top 10 854 M -83.9 M 14.5 B 9.66%
Weighting of Top 10 99.72% 10.1% 100.0% 1.89%

Top 10 Holdings

  1. GMO International Equity IV 65.22%
  2. GMO Emerging Markets VI 34.50%

Asset Allocation

Weighting Return Low Return High GIEAX % Rank
Stocks
96.54% 58.66% 101.31% 78.82%
Bonds
1.68% 0.00% 73.95% 1.56%
Other
0.89% -0.13% 13.09% 7.17%
Cash
0.84% -89.89% 41.35% 60.75%
Preferred Stocks
0.05% 0.00% 0.73% 6.85%
Convertible Bonds
0.00% 0.00% 2.72% 56.70%

Stock Sector Breakdown

Weighting Return Low Return High GIEAX % Rank
Financial Services
18.82% 0.00% 36.97% 69.16%
Industrials
14.11% 0.00% 29.52% 46.73%
Consumer Cyclical
13.43% 0.00% 22.82% 11.53%
Consumer Defense
10.20% 0.00% 38.48% 24.92%
Basic Materials
9.67% 0.00% 37.54% 14.64%
Healthcare
9.28% 0.00% 19.88% 66.36%
Technology
8.96% 0.00% 20.56% 27.41%
Energy
5.93% 0.00% 93.48% 71.03%
Real Estate
3.71% 0.00% 6.63% 23.68%
Utilities
3.12% 0.00% 31.44% 44.55%
Communication Services
2.78% 0.00% 26.28% 94.70%

Stock Geographic Breakdown

Weighting Return Low Return High GIEAX % Rank
Non US
94.24% 59.04% 101.31% 76.95%
US
2.30% -0.38% 29.94% 28.97%

Bond Sector Breakdown

Weighting Return Low Return High GIEAX % Rank
Government
65.34% 0.00% 73.65% 1.60%
Cash & Equivalents
32.73% 0.03% 100.00% 90.73%
Corporate
1.94% 0.00% 28.49% 7.35%
Derivative
0.00% -0.03% 83.33% 60.70%
Securitized
0.00% 0.00% 20.76% 55.91%
Municipal
0.00% 0.00% 0.20% 55.91%

Bond Geographic Breakdown

Weighting Return Low Return High GIEAX % Rank
US
1.68% 0.00% 55.69% 1.56%
Non US
0.00% 0.00% 18.26% 56.39%

Expenses

GIEAX - Expenses

Operational Fees

GIEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.01% 0.01% 15.82% 99.68%
Management Fee 0.00% 0.00% 1.30% 0.94%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

GIEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% 96.15%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

GIEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% 95.16%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GIEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 8.00% 2.00% 366.00% 1.90%

Distributions

GIEAX - Distributions

Dividend Yield Analysis

GIEAX Category Low Category High GIEAX % Rank
Dividend Yield 0.00% 0.00% 6.71% 57.63%

Dividend Distribution Analysis

GIEAX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Semi-Monthly Quarterly

Net Income Ratio Analysis

GIEAX Category Low Category High GIEAX % Rank
Net Income Ratio 3.09% -0.68% 7.53% 28.06%

Capital Gain Distribution Analysis

GIEAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History

View More +

Fund Manager Analysis

GIEAX - Fund Manager Analysis

Managers

Ben Inker


Start Date

Tenure

Tenure Rank

Oct 11, 1996

23.4

23.4%

Mr. Inker, Co-Heads of the Division, is the director of asset allocation. Mr. Inker has been responsible for overseeing the portfolio management of GMO's asset allocation portfolios since 1996. Mr. Inker joined Grantham, Mayo, Van Otterloo & Co. LLC in 1992 following the completion of his B.A. in Economics from Yale University. He is a CFA charterholder.

John Thorndike


Start Date

Tenure

Tenure Rank

Jun 30, 2019

0.67

0.7%

John Thorndike joined TAS in 2004. Prior to joining TAS, Mr. Thorndike was an analyst in the investment office of Bowdoin College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 26.73 6.6 1.0