GBMIX: GMO Benchmark-Free Allocation Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$26.15

-

-

$0.00

1.07%

Vitals

YTD Return

3.0%

1 yr return

8.5%

3 Yr Avg Return

2.7%

5 Yr Avg Return

3.8%

Net Assets

$6.11 B

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$26.11
$24.71
$27.63

Expenses

OPERATING FEES

Expense Ratio 1.07%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 20.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

World Allocation


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$26.15

-

-

$0.00

1.07%

GBMIX - Profile

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return 2.7%
  • 5 Yr Annualized Total Return 3.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.30%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    GMO Benchmark-Free Allocation Fund
  • Fund Family Name
    GMO
  • Inception Date
    Aug 08, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Ben Inker

Fund Description

The fund is structured as a fund of funds and gains its investment exposures primarily by investing in Implementation Fund. It seeks annualized returns of 5% (net of fees) above the Consumer Price Index and annualized volatility (standard deviation) of 5-10%, each over a complete market cycle.


GBMIX - Performance

Return Ranking - Trailing

Period GBMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -24.5% 20.8% 90.52%
1 Yr 8.5% -8.2% 43.7% 93.83%
3 Yr 2.7%* -0.1% 18.0% 94.14%
5 Yr 3.8%* 2.1% 16.5% 94.39%
10 Yr 4.0%* -0.6% 13.6% 87.25%

* Annualized

Return Ranking - Calendar

Period GBMIX Return Category Return Low Category Return High Rank in Category (%)
2020 -6.1% -21.0% 24.5% 93.06%
2019 N/A -1.3% 27.8% N/A
2018 N/A -25.7% 1.5% N/A
2017 N/A -100.0% 20.6% N/A
2016 N/A -17.0% 209.2% N/A

Total Return Ranking - Trailing

Period GBMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -5.4% 20.8% 90.50%
1 Yr 8.5% -12.7% 43.7% 93.29%
3 Yr 2.7%* -0.9% 18.0% 93.62%
5 Yr 3.8%* 1.8% 16.5% 94.28%
10 Yr 4.0%* -0.6% 13.6% 87.07%

* Annualized

Total Return Ranking - Calendar

Period GBMIX Return Category Return Low Category Return High Rank in Category (%)
2020 -6.1% -21.0% 24.5% 93.04%
2019 N/A -1.3% 27.8% N/A
2018 N/A -25.7% 1.5% N/A
2017 N/A -100.0% 23.1% N/A
2016 N/A -9.5% 216.9% N/A

NAV & Total Return History


GBMIX - Holdings

Concentration Analysis

GBMIX Category Low Category High GBMIX % Rank
Net Assets 6.11 B 2.48 M 110 B 12.55%
Number of Holdings 7 2 2727 98.01%
Net Assets in Top 10 6.62 B -85.9 M 22.4 B 5.96%
Weighting of Top 10 N/A 10.0% 100.0% 2.78%

Top 10 Holdings

  1. GMO Implementation 91.43%
  2. GMO Opportunistic Income VI 3.43%
  3. Gmo Special Opportunities Vi 2.72%
  4. GMO SGM Major Markets VI 2.65%
  5. GMO Emerging Country Debt IV 2.48%
  6. State Street Instl Treasury MMkt Invsmt 0.08%

Asset Allocation

Weighting Return Low Return High GBMIX % Rank
Stocks
53.30% -12.12% 97.07% 79.72%
Cash
28.42% -160.17% 127.83% 5.77%
Bonds
18.39% -15.70% 175.29% 68.39%
Preferred Stocks
0.27% 0.00% 18.43% 31.01%
Convertible Bonds
0.02% 0.00% 20.43% 76.34%
Other
-0.40% -1.61% 197.15% 99.40%

Stock Sector Breakdown

Weighting Return Low Return High GBMIX % Rank
Financial Services
20.25% 0.00% 46.60% 10.79%
Technology
14.67% 0.00% 40.44% 55.19%
Consumer Cyclical
13.80% 0.00% 75.75% 16.09%
Industrials
12.12% 0.14% 33.43% 31.36%
Communication Services
8.31% 0.00% 34.85% 39.71%
Basic Materials
7.91% 0.00% 60.23% 21.79%
Healthcare
7.40% 0.00% 30.30% 74.75%
Energy
4.73% 0.00% 31.29% 40.94%
Consumer Defense
4.40% 0.00% 32.17% 70.47%
Real Estate
4.33% 0.00% 82.94% 50.51%
Utilities
2.08% 0.00% 39.35% 76.58%

Stock Geographic Breakdown

Weighting Return Low Return High GBMIX % Rank
Non US
47.64% -3.71% 60.41% 4.77%
US
5.66% -8.41% 90.45% 94.83%

Bond Sector Breakdown

Weighting Return Low Return High GBMIX % Rank
Cash & Equivalents
58.88% 0.04% 100.00% 10.93%
Government
25.85% 0.00% 96.71% 54.27%
Corporate
7.28% 0.00% 99.96% 78.13%
Securitized
7.17% 0.00% 66.95% 41.15%
Derivative
0.61% 0.00% 41.07% 23.86%
Municipal
0.20% 0.00% 31.21% 16.30%

Bond Geographic Breakdown

Weighting Return Low Return High GBMIX % Rank
US
15.70% -37.38% 62.76% 43.14%
Non US
2.69% -13.56% 134.53% 73.96%

GBMIX - Expenses

Operational Fees

GBMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.07% 0.06% 3.14% 53.40%
Management Fee 0.80% 0.00% 1.90% 83.06%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

GBMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

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

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.

GBMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.00% 0.00% 427.00% 14.32%

GBMIX - Distributions

Dividend Yield Analysis

GBMIX Category Low Category High GBMIX % Rank
Dividend Yield 0.00% 0.00% 6.37% 52.96%

Dividend Distribution Analysis

GBMIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Monthly

Net Income Ratio Analysis

GBMIX Category Low Category High GBMIX % Rank
Net Income Ratio 1.30% -2.24% 7.33% 59.08%

Capital Gain Distribution Analysis

GBMIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

GBMIX - Fund Manager Analysis

Managers

Ben Inker


Start Date

Tenure

Tenure Rank

Jul 23, 2003

18.12

18.1%

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

2.17

2.2%

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
0.08 29.68 6.52 8.67