Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

GIEAX GMO International Equity Allc III

  • Fund
  • GIEAX
  • Price as of: May 23, 2019
  • $27.04 - $0.32 - 1.17%
  • Category
  • Foreign Large Cap Value Equities
  • Fund Company
  • GMO

GIEAX - Profile

Vitals

  • YTD Return 6.0%
  • 3 Yr Annualized Return 46.5%
  • 5 Yr Annualized Return 17.9%
  • Net Assets $938 M
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$27.04
$25.06
$31.85

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.01%

SALES FEES

  • Front Load 0.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 8.00%

TRADING FEES

  • Max Redemption Fee 0.25%

Min Investment

STANDARD (TAXABLE)

$5,000,000

IRA

N/A

Investment Themes

CATEGORY

Foreign Large Cap Value Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Foreign Large Value

Distributions

  • YTD Total Return 6.0%
  • 3 Yr Annualized Total Return 51.6%
  • 5 Yr Annualized Total Return 23.6%
  • 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

GIEAX - Performance

Return Ranking - Trailing

Period GIEAX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.0% -32.9% 17.0% 54.63%
1 Yr -14.6% -95.7% 5.3% 51.47%
3 Yr 46.5%* -63.1% 47.8% 0.50%
5 Yr 17.9%* -47.0% 18.3% 0.51%
10 Yr 13.1%* 0.1% 13.6% 0.74%

* Annualized


Return Ranking - Calendar

Period GIEAX Return Category Return Low Category Return High Rank in Category (%)
2018 -20.8% -93.5% 0.0% 62.75%
2017 23.9% 0.0% 27.6% 15.84%
2016 208.8% -9.2% 208.8% 0.50%
2015 -15.2% -16.2% 5.0% 95.50%
2014 -11.7% -17.8% 0.2% 77.95%

Total Return Ranking - Trailing

Period GIEAX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.0% 0.0% 17.0% 55.12%
1 Yr -11.4% -30.5% 5.3% 34.31%
3 Yr 51.6%* -5.3% 53.0% 0.50%
5 Yr 23.6%* -7.9% 24.0% 0.51%
10 Yr 17.7%* 0.1% 18.3% 0.74%

* Annualized


Total Return Ranking - Calendar

Period GIEAX Return Category Return Low Category Return High Rank in Category (%)
2018 -17.8% -32.4% 0.0% 43.63%
2017 27.8% 0.0% 30.1% 10.40%
2016 219.6% -7.3% 219.6% 0.50%
2015 -8.9% -14.1% 6.9% 91.00%
2014 -6.2% -17.8% 1.7% 43.59%

NAV & Total Return History

GIEAX - Holdings

Concentration Analysis

GIEAX Category Low Category High GIEAX % Rank
Net Assets 938 M 1.22 M 29.9 B 34.63%
Number of Holdings 4 2 5344 98.54%
Net Assets in Top 10 930 M 728 K 7.94 B 16.10%
Weighting of Top 10 99.97% 5.7% 100.0% 0.49%

Top 10 Holdings

  1. Gmointernationalequityfund, Classiv 65.24%

  2. Gmo Emerging Markets Fund, Classvi 34.73%


Asset Allocation

Weighting Return Low Return High GIEAX % Rank
Stocks
96.79% 2.88% 100.68% 74.63%
Other
1.23% -1.19% 2.77% 4.88%
Bonds
0.99% 0.00% 63.29% 3.90%
Preferred Stocks
0.64% 0.00% 3.39% 2.44%
Cash
0.22% -1.27% 33.82% 70.24%
Convertible Bonds
0.13% 0.00% 0.48% 0.49%

Stock Sector Breakdown

Weighting Return Low Return High GIEAX % Rank
Financial Services
19.14% 0.89% 37.53% 57.07%
Consumer Cyclical
11.94% 0.54% 21.41% 33.66%
Industrials
10.90% 0.62% 26.97% 60.00%
Basic Materials
10.12% 0.08% 16.14% 23.90%
Technology
9.28% 0.36% 24.84% 32.68%
Consumer Defense
9.08% 0.55% 30.80% 57.56%
Healthcare
8.45% 0.53% 17.37% 55.12%
Energy
6.07% 0.01% 14.07% 64.88%
Communication Services
3.56% 0.00% 17.47% 66.34%
Real Estate
2.71% 0.00% 6.71% 34.63%
Utilities
1.32% 0.00% 8.92% 74.63%

Stock Geographic Breakdown

Weighting Return Low Return High GIEAX % Rank
Non US
95.67% 4.61% 100.19% 61.46%
US
1.12% -1.73% 60.94% 69.76%

Bond Sector Breakdown

Weighting Return Low Return High GIEAX % Rank
Corporate
0.93% 0.00% 3.81% 2.93%
Government
0.82% 0.00% 3.52% 2.93%
Cash & Equivalents
0.22% -5.26% 97.12% 68.29%
Derivative
0.00% -0.18% 6.17% 63.90%
Securitized
0.00% 0.00% 0.16% 1.95%
Municipal
0.00% 0.00% 0.00% 68.78%

Bond Geographic Breakdown

Weighting Return Low Return High GIEAX % Rank
US
0.99% 0.00% 63.29% 3.90%
Non US
0.00% 0.00% 0.03% 70.24%

GIEAX - Expenses

Operational Fees

GIEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.01% 0.01% 3.21% 100.00%
Management Fee 0.00% 0.00% 1.28% 1.95%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

GIEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 0.25% 0.08% 5.75% 97.22%
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 0.25% 0.08% 2.00% 93.33%

Turnover 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% 224.00% 4.39%

GIEAX - Distributions

Dividend Yield Analysis

GIEAX Category Low Category High GIEAX % Rank
Dividend Yield 0.04% 0.00% 0.06% 12.20%

Dividend Distribution Analysis

GIEAX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

GIEAX Category Low Category High GIEAX % Rank
Net Income Ratio 3.09% 0.03% 4.48% 4.39%

Capital Gain Distribution Analysis

GIEAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Semi-Annually

GIEAX - Managers

Ben Inker

Manager

Start Date

Tenure

Tenure Rank

Oct 11, 1996

22.56

22.6%

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.


Tenure Analysis

Category Low

0.0

Category High

25.89

Category Average

6.27

Category Mode

0.95