GMGEX: GMO Global Equity Allocation III

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GMGEX GMO Global Equity Allocation III


Profile

GMGEX - Profile

Vitals

  • YTD Return -13.8%
  • 3 Yr Annualized Return -1.5%
  • 5 Yr Annualized Return -2.4%
  • Net Assets $1.36 B
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$23.38
$18.01
$27.91

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.01%

SALES FEES

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

BROKERAGE FEES

  • Turnover 20.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return -13.8%
  • 3 Yr Annualized Total Return 0.5%
  • 5 Yr Annualized Total Return 2.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.26%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    GMO Global Equity Allocation Fund
  • Fund Family Name
    GMO
  • Inception Date
    Nov 26, 1996
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Ben Inker

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Categories

Performance

GMGEX - Performance

Return Ranking - Trailing

Period GMGEX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.8% -92.6% 756.8% 74.22%
1 Yr -2.3% -92.6% 465.5% 56.04%
3 Yr -1.5%* -60.7% 18.7% 46.27%
5 Yr -2.4%* -43.5% 14.4% 68.67%
10 Yr 1.2%* -22.8% 12.6% 82.67%

* Annualized

Return Ranking - Calendar

Period GMGEX Return Category Return Low Category Return High Rank in Category (%)
2019 21.6% -33.1% 42.6% 38.18%
2018 -15.8% -44.4% 0.0% 50.72%
2017 22.8% -6.5% 43.5% 23.06%
2016 2.6% -14.4% 47.8% 56.83%
2015 -15.8% -36.4% 12.8% 94.53%

Total Return Ranking - Trailing

Period GMGEX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.8% -92.6% 756.8% 74.22%
1 Yr -2.3% -92.6% 465.5% 56.04%
3 Yr 0.5%* -60.7% 19.5% 49.25%
5 Yr 2.1%* -43.5% 15.8% 43.36%
10 Yr 6.8%* -22.8% 13.4% 43.07%

* Annualized

Total Return Ranking - Calendar

Period GMGEX Return Category Return Low Category Return High Rank in Category (%)
2019 21.6% -33.1% 42.6% 38.18%
2018 -13.0% -44.4% 1.8% 53.17%
2017 26.4% -6.5% 43.5% 21.29%
2016 8.0% -14.4% 47.8% 18.05%
2015 -5.8% -36.4% 14.3% 76.30%

NAV & Total Return History


Holdings

GMGEX - Holdings

Concentration Analysis

GMGEX Category Low Category High GMGEX % Rank
Net Assets 1.36 B 21.7 K 17.8 B 16.44%
Number of Holdings 6 1 3231 98.96%
Net Assets in Top 10 1.46 B -14.6 M 5.86 B 6.91%
Weighting of Top 10 99.97% 9.5% 100.0% 0.53%

Top 10 Holdings

  1. GMO International Equity IV 41.77%
  2. GMO Emerging Markets VI 27.84%
  3. GMO Quality VI 13.58%
  4. GMO US Small Cap Value VI 9.42%
  5. GMO US Equity VI 7.35%

Asset Allocation

Weighting Return Low Return High GMGEX % Rank
Stocks
99.33% 29.58% 100.25% 17.07%
Bonds
1.21% -0.01% 47.22% 3.79%
Other
0.15% -10.40% 11.97% 12.61%
Preferred Stocks
0.03% 0.00% 9.00% 15.03%
Convertible Bonds
0.00% 0.00% 2.62% 93.09%
Cash
-0.72% -19.52% 50.49% 98.79%

Stock Sector Breakdown

Weighting Return Low Return High GMGEX % Rank
Financial Services
17.79% 0.00% 31.91% 26.77%
Technology
15.15% 0.00% 41.72% 60.79%
Industrials
12.00% 0.00% 43.57% 28.32%
Healthcare
11.39% 0.00% 28.51% 84.11%
Consumer Cyclical
10.47% 0.00% 33.85% 31.61%
Consumer Defense
8.84% 0.00% 73.78% 54.92%
Basic Materials
6.38% 0.00% 37.34% 14.85%
Communication Services
5.14% 0.00% 27.20% 84.63%
Energy
4.75% 0.00% 13.89% 27.46%
Utilities
4.40% 0.00% 34.00% 36.96%
Real Estate
3.70% 0.00% 17.05% 22.45%

Stock Geographic Breakdown

Weighting Return Low Return High GMGEX % Rank
Non US
70.15% 13.10% 78.41% 1.73%
US
29.18% 16.02% 71.04% 95.51%

Bond Sector Breakdown

Weighting Return Low Return High GMGEX % Rank
Cash & Equivalents
59.65% -0.25% 100.00% 84.51%
Government
38.73% 0.00% 89.81% 1.41%
Corporate
1.00% 0.00% 79.74% 20.77%
Derivative
0.62% -0.13% 98.13% 11.09%
Securitized
0.00% 0.00% 11.64% 92.78%
Municipal
0.00% 0.00% 0.08% 92.78%

Bond Geographic Breakdown

Weighting Return Low Return High GMGEX % Rank
US
1.21% -0.42% 26.40% 3.45%
Non US
0.00% 0.00% 11.07% 93.09%

Expenses

GMGEX - Expenses

Operational Fees

GMGEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.01% 0.01% 53.31% 100.00%
Management Fee 0.00% 0.00% 1.82% 5.60%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

GMGEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% 98.75%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

GMGEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 97.37%

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.

GMGEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.00% 3.00% 297.00% 21.83%

Distributions

GMGEX - Distributions

Dividend Yield Analysis

GMGEX Category Low Category High GMGEX % Rank
Dividend Yield 0.00% 0.00% 3.53% 93.05%

Dividend Distribution Analysis

GMGEX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Net Income Ratio Analysis

GMGEX Category Low Category High GMGEX % Rank
Net Income Ratio 3.26% -1.52% 7.06% 3.11%

Capital Gain Distribution Analysis

GMGEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

GMGEX - Fund Manager Analysis

Managers

Ben Inker


Start Date

Tenure

Tenure Rank

Nov 26, 1996

23.44

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

0.84

0.8%

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
0.02 34.9 5.23 0.33