GMO Trust
FYE 2/29/08
Attachment Filed in Response to Form N-SAR Sub-Item 77P
GMO Fund of Fund Allocation %
March, 2007
	International Equity Allocation Fund		Global (U.S.+) Equity Allocation Fund		Global Balanced Asset Allocation Fund		World Opportunity Equity Allocation Fund		Strategic Opportunities Allocation Fund		Benchmark-Free Allocation Fund		International Opp. Equity Allocation Fund		U.S. Equity Allocation Fund
Name of Fund Owned	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV
Alpha Only (Class IV)			15,099,087.32	4.22%	383,973,547.32	12.32%					299,672,382.58	22.90%
Alternative Asset Opportunity (ALTO)					62,175,197.93	1.99%					52,625,241.83	4.02%
Core Plus Bond Fund (Class IV)					218,731,092.81	7.02%			26,016,416.83	4.85%
Currency Hedged International Bond Fund
Currency Hedged International Equity Fund			13,541,134.56	3.78%			64,140,498.35	6.94%
Domestic Bond Fund (Class VI)					23,768,788.12	0.76%
Emerging Countries Fund	19,367,835.65	2.48%	6,719,308.98	1.88%	22,793,873.51	0.73%
Emerging Country Debt Fund (Class III)
Emerging Country Debt Fund (Class IV)			1,640,631.08	0.46%	12,003,857.17	0.39%			1,766,796.94	0.33%	27,723,539.28	2.12%
Emerging Markets Fund (Class III)
Emerging Markets Fund (Class IV)
Emerging Markets Fund (Class VI)	151,550,958.60	19.44%	42,571,925.50	11.89%	286,081,279.70	9.18%					284,025,800.23	21.71%
Emerging Markets Quality( Class VI)							69,216,956.61	7.49%	45,807,594.32	8.54%			34,897,055.04	7.08%
Inflation Indexed Plus Bond Fund (Class VI)			4,198,239.37	1.17%	215,450,352.73	6.91%			27,654,065.69	5.15%	162,073,510.72	12.39%
International Bond Fund (Class III)					20,155,778.66	0.65%			4,150,235.71	0.77%
International Core Equity (VI)
International Growth Equity Fund (Class III)	303,476,141.92	38.93%	48,281,509.97	13.49%	280,401,598.75	9.00%	243,216,004.24	26.30%	106,842,212.37	19.91%	40,158,807.86	3.07%	229,226,305.83	46.47%
International Intrinsic Value Fund (Class III)
International Intrinsic Value Fund (Class IV)	305,120,646.70	39.14%	48,129,127.90	13.45%	281,349,605.00	9.03%	243,998,919.92	26.39%	107,576,966.37	20.05%	39,891,757.28	3.05%	229,117,746.01	46.45%
International Small Companies Fund
Real Estate Fund
Short-Duration Investment Fund			136,159.47	0.04%	3,509,166.04	0.11%
SPV			66.60	0.00%
Strategic Fixed Income (Class VI)			7,986,652.29	2.23%	533,287,276.95	17.11%			127,345,283.55	23.73%	231,591,895.87	17.70%
U.S. Core Equity Fund (Class III)
U.S. Core Equity Fund (Class V)			136,115,109.35	38.03%
U.S. Core Equity Fund (Class VI)					493,772,455.72	15.84%	219,821,484.19	23.77%	42,668,255.26	7.95%					108,215,299.24	75.56%
U.S. Growth Fund			43,565.56	0.01%
U.S. Quality Equity Fund (Class VI)			33,392,881.90	9.33%	279,414,121.43	8.96%	84,344,020.45	9.12%	46,755,717.69	8.71%	170,797,302.02	13.05%			26,325,014.24	18.38%
U.S Small/Mid Cap Growth Fund (III)															4,346,141.52	3.03%
U.S. Small/Mid Cap Value Fund															4,336,252.63	3.03%
U.S. Value Fund (III)			68,401.99	0.02%	379,329.32	0.01%
	779,515,582.87	100.00%	357,923,801.84	100.00%	3,117,247,321.16	100.00%	924,737,883.76	100.00%	536,583,544.73	100.00%	1,308,560,237.67	100.00%	493,241,106.88	100.00%	143,222,707.63	100.00%
Total Market Value
GMO Fund of Fund Allocation %
April, 2007	International Equity Allocation Fund		Global (U.S.+) Equity Allocation Fund		Global Balanced Asset Allocation Fund		World Opportunity Equity Allocation Fund		Strategic Opportunities Allocation Fund		Benchmark-Free Allocation Fund		International Opp. Equity Allocation Fund		U.S. Equity Allocation Fund
	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV
Name of Fund Owned
Alpha Only (Class IV)			15,070,189.55	4.05%	386,319,406.35	12.03%					299,098,846.92	22.50%
Alternative Asset Opportunity (ALTO)					62,785,827.72	1.95%					53,142,080.40	4.00%
Core Plus Bond Fund (Class (IV)					222,201,305.85	6.92%			27,042,269.86	4.88%
Currency Hedged International Bond Fund (CHIBF)
Currency Hedged International Equity Fund			13,861,845.64	3.72%			65,659,615.42	6.87%
Domestic Bond Fund (Class VI)					24,907,577.73	0.78%
Emerging Countries Fund	20,064,520.39	2.49%	6,961,010.75	1.87%	23,613,797.01	0.74%
Emerging Country Debt Fund (Class III)
Emerging Country Debt Fund (Class IV)			1,672,326.80	0.45%	12,235,762.41	0.38%			1,800,930.09	0.32%	28,259,136.63	2.13%
Emerging Markets Fund (Class III)
Emerging Markets Fund (Class IV)
Emerging Markets Fund (Class VI)	156,918,693.05	19.48%	43,078,227.84	11.56%	297,144,210.02	9.25%					294,107,986.51	22.13%
Emerging Markets Quality( Class VI)							71,089,266.51	7.44%	47,046,683.94	8.48%			38,081,652.00	6.77%
Inflation Indexed Plus Bond Fund (Class VI)			4,209,823.00	1.13%	216,381,513.56	6.74%			28,057,747.61	5.06%	162,520,698.18	12.23%
International Bond Fund (Class III)					19,855,508.51	0.62%			4,163,045.07	0.75%
International Core Equity (VI)					440,209,062.67	13.71%
International Growth Equity Fund (Class III)	313,290,047.01	38.89%	48,834,653.13	13.11%	290,044,617.78	9.03%	251,081,198.41	26.27%	111,742,582.41	20.14%	41,083,987.77	3.09%	261,776,705.43	46.56%
International Intrinsic Value Fund (Class III)
International Intrinsic Value Fund (Class IV)	315,340,897.19	39.14%	48,792,380.68	13.10%	291,372,859.05	9.07%	252,240,300.93	26.39%	112,244,294.70	20.24%	41,228,937.14	3.10%	262,366,551.70	46.67%
International Small Companies Fund
Real Estate Fund
Short-Duration Investment Fund			136,735.92	0.04%	3,524,022.47	0.11%
SPV			68.35	0.00%
Strategic Fixed Income (Class VI)			8,005,660.58	2.15%	543,944,018.36	16.94%			127,648,366.33	23.01%	232,143,086.42	17.47%
U.S Small/Mid Cap Growth Fund (III)															4,475,715.16	3.01%
U.S Small/Mid Cap Value Fund															4,456,649.69	3.00%
U.S. Core Equity Fund (Class III)
U.S. Core Equity Fund (Class V)
U.S. Core Equity Fund (Class VI)			144,585,227.22	38.81%	83,163,543.44	2.59%	228,072,540.45	23.86%	44,269,819.26	7.98%					112,266,946.83	75.57%
U.S. Growth Fund (III)			19,827.78	0.01%
U.S. Quality Equity Fund (Class VI)			37,244,555.39	10.00%	293,823,622.83	9.15%	87,680,613.74	9.17%	50,684,461.42	9.14%	177,553,929.56	13.36%			27,366,414.26	18.42%
U.S. Value Fund (III)			45,400.64	0.01%	392,933.71	0.01%
	805,614,157.64	100.00%	372,517,933.27	100.00%	3,211,919,589.47	100.00%	955,823,535.46	100.00%	554,700,200.69	100.00%	1,329,138,689.53	100.00%	562,224,909.13	100.00%	148,565,725.94	100.00%
Total Market Value
GMO Fund of Fund Allocation %
May, 2007	International Equity Allocation Fund		Global (U.S.+) Equity Allocation Fund		Global Balanced Asset Allocation Fund		World Opportunity Equity Allocation Fund		Strategic Opportunities Allocation Fund		Benchmark-Free Allocation Fund		International Opp. Equity Allocation Fund		U.S. Equity Allocation Fund
	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV
Name of Fund Owned
Alpha Only (Class IV)			15,272,473.97	3.95%	391,504,901.74	11.86%					300,835,833.49	22.33%
Alternative Asset Opportunity (ALTO)					62,807,635.93	1.90%					50,409,583.72	3.74%
Core Plus Bond Fund (Class (IV)					223,187,503.88	6.76%			27,016,416.83	4.68%
Currency Hedged International Bond Fund (CHIBF)
Currency Hedged International Equity Fund			14,068,996.20	3.64%			68,697,849.55	6.98%
Domestic Bond Fund (Class VI)					23,712,791.99	0.72%
Emerging Countries Fund	21,353,387.15	2.55%	7,408,159.01	1.91%	25,130,655.50	0.76%
Emerging Country Debt Fund (Class III)
Emerging Country Debt Fund (Class IV)			1,688,929.33	0.44%	12,357,236.59	0.37%			1,818,809.36	0.32%	26,772,313.98	1.99%
Emerging Markets Fund (Class III)
Emerging Markets Fund (Class IV)
Emerging Markets Fund (Class VI)	167,849,977.38	20.04%	45,818,588.93	11.84%	319,405,049.54	9.68%					311,252,193.92	23.11%
Emerging Markets Quality( Class VI)							73,880,533.51	7.50%	49,060,204.57	8.51%			38,275,142.80	6.57%
Inflation Indexed Plus Bond Fund (Class VI)			4,189,965.35	1.08%	222,119,671.24	6.73%			27,925,399.74	4.84%	159,265,883.57	11.82%
International Bond Fund (Class III)					19,824,527.40	0.60%			5,078,318.19	0.88%
International Core Equity (VI)					456,614,028.87	13.84%
International Growth Equity Fund (Class III)	324,251,581.53	38.72%	50,540,924.14	13.06%	298,534,457.00	9.05%	259,448,487.25	26.35%	115,646,841.31	20.05%	40,967,042.76	3.04%	272,568,300.43	46.81%
International Intrinsic Value Fund (Class III)
International Intrinsic Value Fund (Class IV)	324,073,615.90	38.69%	50,151,354.33	12.96%	297,796,084.31	9.02%	259,330,117.72	26.33%	115,350,463.33	20.00%	40,823,984.40	3.03%	271,477,028.21	46.62%
International Small Companies Fund
Real Estate Fund
Short-Duration Investment Fund			137,342.96	0.04%	3,539,667.41	0.11%
SPV			68.35	0.00%
Strategic Fixed Income (Class VI)			8,072,189.62	2.09%	551,137,411.92	16.70%			134,992,117.62	23.41%	234,072,253.35	17.38%
U.S Small/Mid Cap Growth Fund (III)															4,337,837.00	3.05%
U.S Small/Mid Cap Value Fund															4,281,456.18	3.01%
U.S. Core Equity Fund (Class III)
U.S. Core Equity Fund (Class V)
U.S. Core Equity Fund (Class VI)			150,147,292.61	38.80%	83,156,105.02	2.52%	232,976,842.05	23.66%	45,542,462.94	7.90%					107,077,734.20	75.28%
U.S. Growth Fund (III)			20,347.53	0.01%
U.S. Quality Equity Fund (Class VI)			39,418,172.73	10.19%	308,453,186.95	9.35%	90,424,255.69	9.18%	54,270,444.99	9.41%	182,624,875.57	13.56%			26,543,739.08	18.66%
U.S. Value Fund (III)			46,900.49	0.01%	405,914.56	0.01%
	837,528,561.96	100.00%	386,981,705.55	100.00%	3,299,686,829.85	100.00%	984,758,085.77	100.00%	576,701,478.88	100.00%	1,347,023,964.76	100.00%	582,320,471.44	100.00%	142,240,766.46	100.00%
Total Market Value
GMO Fund of Fund Allocation %
June, 2007	International Equity Allocation Fund		Global (U.S.+) Equity Allocation Fund		Global Balanced Asset Allocation Fund		World Opportunity Equity Allocation Fund		Strategic Opportunities Allocation Fund		Benchmark-Free Allocation Fund		International Opp. Equity Allocation Fund		U.S. Equity Allocation Fund
	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV
Name of Fund Owned
Alpha Only (Class IV)			11,888,065.07	3.09%	311,968,041.96	9.30%					269,612,736.68	19.99%
Alternative Asset Opportunity (ALTO)					62,262,430.76	1.86%					49,972,000.53	3.71%
Core Plus Bond Fund (Class (IV)					226,316,310.36	6.75%			27,068,122.89	4.68%
Currency Hedged International Bond Fund (CHIBF)
Currency Hedged International Equity Fund			13,969,969.44	3.63%			68,192,259.49	7.03%
Domestic Bond Fund (Class VI)					23,688,570.55	0.71%
Emerging Countries Fund	22,345,022.72	2.63%	7,754,598.20	2.02%	26,305,879.20	0.78%
Emerging Country Debt Fund (Class III)
Emerging Country Debt Fund (Class IV)			1,663,270.88	0.43%	12,169,503.77	0.36%			1,791,177.76	0.31%	26,365,585.35	1.96%
Emerging Markets Fund (Class III)
Emerging Markets Fund (Class IV)
Emerging Markets Fund (Class VI)	175,916,087.34	20.72%	47,977,534.58	12.48%	334,545,946.85	9.97%					320,163,524.20	23.74%
Emerging Markets Quality( Class VI)							75,543,891.78	7.79%	51,422,219.16	8.88%			42,585,535.01	6.74%
Inflation Indexed Plus Bond Fund (Class VI)			6,532,230.57	1.70%	410,015,696.60	12.22%			53,133,356.28	9.18%	227,093,017.79	16.84%
International Bond Fund (Class III)					19,763,078.19	0.59%			5,067,727.32	0.88%
International Core Equity (VI)					465,024,343.69	13.86%
International Growth Equity Fund (Class III)	324,912,163.91	38.28%	50,293,787.08	13.09%	299,043,710.33	8.91%	255,753,662.70	26.36%	115,882,443.14	20.02%	39,046,428.46	2.90%	294,816,883.80	46.66%
International Intrinsic Value Fund (Class III)
International Intrinsic Value Fund (Class IV)	325,672,518.45	38.37%	50,049,719.08	13.02%	298,830,080.79	8.91%	255,859,011.44	26.37%	115,921,505.23	20.03%	39,016,182.35	2.89%	294,420,457.00	46.60%
International Small Companies Fund
Real Estate Fund
Short-Duration Investment Fund			137,950.00	0.04%	3,555,312.35	0.11%
SPV			68.35	0.00%
Strategic Fixed Income (Class VI)			8,122,878.41	2.11%	472,855,075.30	14.09%			110,878,732.65	19.16%	199,109,938.49	14.76%
U.S Small/Mid Cap Growth Fund (III)															4,255,312.30	3.05%
U.S Small/Mid Cap Value Fund															4,185,243.68	3.00%
U.S. Core Equity Fund (Class III)
U.S. Core Equity Fund (Class V)
U.S. Core Equity Fund (Class VI)			147,450,035.86	38.36%	84,096,415.93	2.51%	227,180,660.16	23.41%	44,724,334.86	7.73%					105,154,182.09	75.39%
U.S. Growth Fund (III)			20,026.83	0.01%
U.S. Quality Equity Fund (Class VI)			38,441,141.09	10.00%	304,304,780.01	9.07%	87,714,126.74	9.04%	52,925,280.12	9.14%	178,178,005.11	13.21%			25,885,817.34	18.56%
U.S. Value Fund (III)			45,765.47	0.01%	295,377.56	0.01%
	848,845,792.42	100.00%	384,347,040.91	100.00%	3,355,040,554.20	100.00%	970,243,612.31	100.00%	578,814,899.41	100.00%	1,348,557,418.96	100.00%	631,822,875.81	100.00%	139,480,555.41	100.00%
Total Market Value
GMO Fund of Fund Allocation %
July, 2007	International Equity Allocation Fund		Global (U.S.+) Equity Allocation Fund		Global Balanced Asset Allocation Fund		World Opportunity Equity Allocation Fund		Strategic Opportunities Allocation Fund		Benchmark-Free Allocation Fund/4061		International Opp. Equity Allocation Fund		U.S. Equity Allocation Fund
	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV
Name of Fund Owned
Alpha Only (Class IV)			9,041,503.22	2.40%	268,226,232.47	7.70%					239,999,384.40	17.73%
Alternative Asset Opportunity (ALTO)					62,393,280.00	1.79%					50,077,020.49	3.70%
Core Plus Bond Fund (Class (IV)					232,267,306.26	6.67%			26,898,961.94	4.70%
Currency Hedged International Bond Fund (CHIBF)
Currency Hedged International Equity Fund			13,526,389.80	3.60%			65,118,503.05	6.90%
Domestic Bond Fund (Class VI)					25,960,632.58	0.75%
Emerging Countries Fund	23,559,315.10	2.78%	8,176,005.23	2.17%	27,735,415.82	0.80%
Emerging Country Debt Fund (Class III)
Emerging Country Debt Fund (Class IV)			1,640,018.38	0.44%	11,999,374.38	0.34%			1,766,137.14	0.31%	25,996,995.04	1.92%
Emerging Markets Fund (Class III)
Emerging Markets Fund (Class IV)
Emerging Markets Fund (Class VI)	179,694,470.35	21.22%	36,490,892.30	9.70%	362,897,565.41	10.42%					247,054,118.07	18.25%
Emerging Markets Quality( Class VI)							71,728,612.09	7.60%	53,250,045.06	9.30%			44,583,723.65	6.72%
Inflation Indexed Plus Bond Fund (Class VI)			13,650,116.31	3.63%	597,487,660.96	17.16%			78,776,331.36	13.75%	296,468,297.83	21.90%
International Bond Fund (Class III)					21,678,305.12	0.62%			5,171,027.08	0.90%
International Core Equity (VI)					473,729,065.87	13.60%
International Growth Equity Fund (Class III)	321,756,985.06	37.99%	45,587,752.67	12.12%	304,187,663.17	8.73%	235,243,720.97	24.93%	114,053,211.82	19.91%	37,777,870.53	2.79%	309,078,041.55	46.58%
International Intrinsic Value Fund (Class III)
International Intrinsic Value Fund (Class IV)	321,863,652.24	38.01%	44,985,918.73	11.96%	301,973,808.79	8.67%	233,618,584.73	24.76%	113,399,518.78	19.80%	37,498,360.01	2.77%	309,924,847.65	46.70%
International Small Companies Fund
Real Estate Fund
Short-Duration Investment Fund			138,118.45	0.04%	3,559,653.81	0.10%
SPV			68.35	0.00%
Strategic Fixed Income (Class VI)			4,109,783.93	1.09%	385,965,532.42	11.08%			85,515,562.67	14.93%	164,426,310.90	12.15%
U.S Small/Mid Cap Growth Fund (III)															3,788,079.13	2.95%
U.S Small/Mid Cap Value Fund															3,577,930.15	2.78%
U.S. Core Equity Fund (Class III)
U.S. Core Equity Fund (Class V)
U.S. Core Equity Fund (Class VI)			151,499,136.35	40.27%	91,200,169.05	2.62%	235,286,038.55	24.93%	42,661,120.47	7.45%					96,042,549.70	74.73%
U.S. Growth Fund (III)			19,379.65	0.01%
U.S. Quality Equity Fund (Class VI)			47,320,640.84	12.58%	311,182,032.94	8.94%	102,662,075.16	10.88%	51,348,911.31	8.96%	254,541,846.40	18.80%			25,114,813.50	19.54%
U.S. Value Fund (III)			27,753.77	0.01%	279,404.56	0.01%
	846,874,422.75	100.00%	376,213,477.98	100.00%	3,482,723,103.61	100.00%	943,657,534.55	100.00%	572,840,827.63	100.00%	1,353,840,203.67	100.00%	663,586,612.85	100.00%	128,523,372.48	100.00%
Total Market Value
GMO Fund of Fund Allocation %
August, 2007	International Equity Allocation Fund		Global (U.S.+) Equity Allocation Fund		Global Balanced Asset Allocation Fund		World Opportunity Equity Allocation Fund		Strategic Opportunities Allocation Fund		Benchmark-Free Allocation Fund		International Opp. Equity Allocation Fund		U.S. Equity Allocation Fund
	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV
Name of Fund Owned
Alpha Only (Class IV)			9,116,988.87	2.42%	370,562,130.78	10.37%					273,083,098.69	20.21%
Alternative Asset Opportunity (ALTO)											17,850,261.40	1.32%
Core Plus Bond Fund (Class (IV)					58,033,301.02	1.62%			16,831,094.63	2.96%
Currency Hedged International Bond Fund (CHIBF)
Currency Hedged International Equity Fund			13,400,576.55	3.55%			62,635,156.51	6.73%
Domestic Bond Fund (Class VI)					28,968,189.96	0.81%
Emerging Countries Fund	23,217,685.32	2.78%	8,057,446.32	2.14%	27,333,229.09	0.77%
Emerging Country Debt Fund (Class III)
Emerging Country Debt Fund (Class IV)			1,635,301.17	0.43%	11,964,860.36	0.33%			1,761,057.17	0.31%	25,922,219.41	1.92%
Emerging Markets Fund (Class III)
Emerging Markets Fund (Class IV)
Emerging Markets Fund (Class VI)	175,017,051.17	20.97%	35,646,058.49	9.45%	354,495,793.99	9.92%					241,334,343.61	17.86%
Emerging Markets Quality( Class VI)							70,079,662.57	7.53%	53,250,045.06	9.36%			44,788,990.16	6.75%
Inflation Indexed Plus Bond Fund (Class VI)			13,532,764.78	3.59%	592,555,594.85	16.59%			74,872,066.31	13.16%	293,947,266.86	21.75%
International Bond Fund (Class III)					21,724,380.15	0.61%			5,182,017.57	0.91%
International Core Equity (VI)					491,476,986.50	13.76%
International Growth Equity Fund (Class III)	319,321,703.75	38.25%	45,300,875.62	12.00%	302,303,025.09	8.46%	229,732,762.24	24.68%	113,495,664.80	19.95%			310,362,833.51	46.74%
International Intrinsic Value Fund (Class III)
International Intrinsic Value Fund (Class IV)	317,214,005.89	38.00%	44,206,893.37	11.71%	298,283,787.91	8.35%	226,456,486.00	24.33%	112,017,721.23	19.69%			308,879,355.90	46.52%
International Small Companies Fund
Real Estate Fund
Short-Duration Investment Fund			137,661.10	0.04%	3,547,866.88	0.10%
SPV			68.35	0.00%
Special Situation Fund					179,220,000.00	5.02%			29,870,000.00	5.25%	77,534,517.48	5.74%
Strategic Fixed Income (Class VI)			4,069,523.51	1.08%	396,961,870.69	11.11%			65,863,960.36	11.58%	162,260,959.26	12.01%
U.S Small/Mid Cap Growth Fund (III)															3,825,176.75	3.02%
U.S Small/Mid Cap Value Fund															3,562,237.47	2.81%
U.S. Core Equity Fund (Class III)
U.S. Core Equity Fund (Class V)
U.S. Core Equity Fund (Class VI)			153,973,909.17	40.80%	96,685,784.06	2.71%	236,936,698.12	25.46%	43,357,999.56	7.62%					94,142,871.90	74.39%
U.S. Growth Fund (III)			19,758.33	0.01%
U.S. Quality Equity Fund (Class VI)			48,251,042.10	12.79%	337,437,523.03	9.45%	104,883,306.88	11.27%	52,358,514.96	9.20%	259,546,555.77	19.20%			25,020,374.30	19.77%
U.S. Value Fund (III)			28,264.74	0.01%	284,548.63	0.01%
	834,770,446.13	100.00%	377,377,132.47	100.00%	3,571,838,872.99	100.00%	930,724,072.32	100.00%	568,860,141.65	100.00%	1,351,479,222.48	100.00%	664,031,179.57	100.00%	126,550,660.42	100.00%
Total Market Value
GMO Fund of Fund Allocation %
September, 2007	International Equity Allocation Fund		Global (U.S.+) Equity Allocation Fund		Global Balanced Asset Allocation Fund		World Opportunity Equity Allocation Fund		Strategic Opportunities Allocation Fund		Benchmark-Free Allocation Fund/4061		International Opp. Equity Allocation Fund		U.S. Equity Allocation Fund
	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV
Name of Fund Owned
Alpha Only (Class IV)			9,167,312.64	2.35%	377,175,292.04	10.21%			65,274,304.93	6.19%	274,590,457.10	19.88%
Alternative Asset Opportunity (ALTO)											18,588,980.74	1.35%
Core Plus Bond Fund (Class (IV)					57,963,070.60	1.57%			26,858,142.10	2.55%
Currency Hedged International Bond Fund (CHIBF)
Currency Hedged International Equity Fund			13,796,830.16	3.53%			62,463,493.28	6.50%
Domestic Bond Fund (Class VI)					29,084,879.55	0.79%
Emerging Countries Fund	25,622,233.38	2.88%	8,891,918.69	2.28%	30,164,004.94	0.82%
Emerging Country Debt Fund (Class III)
Emerging Country Debt Fund (Class IV)			1,687,190.53	0.43%	12,344,514.58	0.33%			1,816,936.87	0.17%	26,744,751.37	1.94%
Emerging Markets Fund (Class III)
Emerging Markets Fund (Class IV)
Emerging Markets Fund (Class VI)	191,859,124.38	21.58%	39,046,905.16	10.00%	389,134,676.15	10.54%					264,805,291.37	19.17%
Emerging Markets Quality( Class VI)							75,962,052.16	7.90%	104,116,618.82	9.87%			49,209,123.59	6.99%
Inflation Indexed Plus Bond Fund (Class VI)			13,603,974.65	3.48%	595,673,643.18	16.13%			135,581,767.87	12.86%	295,142,185.97	21.37%
International Bond Fund (Class III)					22,231,205.56	0.60%			5,302,913.00	0.50%
International Core Equity (VI)					519,296,438.56	14.06%
International Growth Equity Fund (Class III)	336,959,439.90	37.90%	47,579,128.58	12.18%	321,165,777.85	8.70%	242,009,507.64	25.16%	211,415,861.59	20.05%			328,340,234.84	46.66%
International Intrinsic Value Fund (Class III)
International Intrinsic Value Fund (Class IV)	334,559,920.87	37.63%	46,666,871.26	11.95%	314,882,364.92	8.52%	236,512,483.41	24.59%	209,036,799.46	19.82%			326,187,513.29	46.35%
International Small Companies Fund
Real Estate Fund
Short-Duration Investment Fund			138,118.45	0.04%	3,559,653.81	0.10%
SPV			82.38	0.00%
Special Situation Fund					173,826,000.00	4.71%			50,308,864.08	4.77%	75,200,954.33	5.44%
Strategic Fixed Income (Class VI)			4,069,895.59	1.04%	399,442,429.95	10.81%			65,869,982.50	6.25%	161,952,443.74	11.73%
U.S Small/Mid Cap Growth Fund (III)															3,890,176.95	2.95%
U.S Small/Mid Cap Value Fund															3,534,775.29	2.68%
U.S. Core Equity Fund (Class III)
U.S. Core Equity Fund (Class V)
U.S. Core Equity Fund (Class VI)			156,663,879.63	40.12%	98,374,913.76	2.66%	237,559,484.45	24.70%	74,639,585.86	7.08%					97,832,519.98	74.24%
U.S. Growth Fund (III)			20,370.91	0.01%
U.S. Quality Equity Fund (Class VI)			49,148,164.49	12.59%	349,067,612.02	9.45%	107,205,064.48	11.15%	104,255,436.20	9.89%	264,165,730.12	19.13%			26,514,281.16	20.12%
U.S. Value Fund (III)			28,388.91	0.01%	285,798.67	0.01%
	889,000,718.53	100.00%	390,509,032.03	100.00%	3,693,672,276.14	100.00%	961,712,085.42	100.00%	1,054,477,213.28	100.00%	1,381,190,794.74	100.00%	703,736,871.72	100.00%	131,771,753.38	100.00%
Total Market Value
GMO Fund of Fund Allocation %
October, 2007	International Equity Allocation Fund		Global (U.S.+) Equity Allocation Fund		Global Balanced Asset Allocation Fund		World Opportunity Equity Allocation Fund		Strategic Opportunities Allocation Fund		Benchmark-Free Allocation Fund		International Opp. Equity Allocation Fund		U.S. Equity Allocation Fund
	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV
Name of Fund Owned
Alpha Only (Class IV)			9,287,422.45	2.32%	419,836,750.09	10.70%			70,788,234.67	6.43%	348,083,459.65	20.48%
Alternative Asset Opportunity (ALTO)											22,548,257.48	1.33%
Core Plus Bond Fund (Class (IV)					57,406,206.47	1.46%			26,831,094.62	2.44%
Currency Hedged International Bond Fund (CHIBF)
Currency Hedged International Equity Fund			12,675,753.86	3.16%			70,340,343.76	6.37%
Domestic Bond Fund (Class VI)					29,229,896.07	0.74%
Emerging Countries Fund	28,815,157.84	3.07%	9,999,988.55	2.50%	33,922,904.01	0.86%
Emerging Country Debt Fund (Class III)
Emerging Country Debt Fund (Class IV)			1,734,362.68	0.43%	12,689,654.78	0.32%			1,867,736.59	0.17%	33,555,074.66	1.97%
Emerging Markets Fund (Class III)
Emerging Markets Fund (Class IV)
Emerging Markets Fund (Class VI)	213,336,237.35	22.71%	43,439,681.99	10.84%	435,639,319.46	11.10%					351,933,627.40	20.70%
Emerging Markets Quality( Class VI)							92,728,293.07	8.39%	115,512,115.51	10.49%			54,595,030.39	7.42%
Inflation Indexed Plus Bond Fund (Class VI)			13,646,991.17	3.41%	600,955,946.77	15.31%			136,010,484.92	12.35%	358,895,943.53	21.11%
International Bond Fund (Class III)					21,910,313.61	0.56%			5,346,874.97	0.49%
International Core Equity (VI)					548,450,496.50	13.97%
International Growth Equity Fund (Class III)	351,898,098.50	37.46%	48,480,904.67	12.10%	327,337,483.18	8.34%	277,190,362.81	25.09%	221,751,103.37	20.14%			343,134,944.14	46.64%
International Intrinsic Value Fund (Class III)
International Intrinsic Value Fund (Class IV)	345,449,533.71	36.77%	47,156,100.77	11.77%	321,802,683.43	8.20%	268,025,598.37	24.26%	216,338,175.72	19.65%			338,002,824.06	45.94%
International Small Companies Fund
Real Estate Fund
Short-Duration Investment Fund			138,606.01	0.03%	3,572,219.47	0.09%
SPV			47.32	0.00%
Special Situation Fund					184,567,707.79	4.70%			49,359,361.95	4.48%	73,055,581.76	4.30%
Strategic Fixed Income (Class VI)			4,066,657.81	1.01%	432,546,857.42	11.02%			68,873,041.27	6.25%	189,357,313.08	11.14%
U.S Small/Mid Cap Growth Fund (III)															2,723,720.13	2.50%
U.S Small/Mid Cap Value Fund															2,663,197.95	2.44%
U.S. Core Equity Fund (Class III)
U.S. Core Equity Fund (Class V)
U.S. Core Equity Fund (Class VI)			159,460,436.05	39.79%	99,148,159.49	2.53%	266,895,402.75	24.15%	75,971,953.06	6.90%					76,221,033.15	69.96%
U.S. Growth Fund (III)			20,969.38	0.01%
U.S. Quality Equity Fund (Class VI)			50,624,101.73	12.63%	395,260,387.07	10.07%	129,794,354.06	11.75%	112,536,416.66	10.22%	322,433,478.93	18.97%			27,341,092.34	25.10%
U.S. Value Fund (III)			28,334.89	0.01%	285,254.81	0.01%
	939,499,027.40	100.00%	400,760,359.33	100.00%	3,924,562,240.42	100.00%	1,104,974,354.82	100.00%	1,101,186,593.31	100.00%	1,699,862,736.49	100.00%	735,732,798.59	100.00%	108,949,043.57	100.00%
Total Market Value
GMO Fund of Fund Allocation %
November, 2007	International Equity Allocation Fund		Global (U.S.+) Equity Allocation Fund		Global Balanced Asset Allocation Fund		World Opportunity Equity Allocation Fund		Strategic Opportunities Allocation Fund		Benchmark-Free Allocation Fund		International Opp. Equity Allocation Fund		U.S. Equity Allocation Fund
	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV
Name of Fund Owned
Alpha Only (Class IV)			9,287,422.45	2.42%	464,974,587.98	11.97%			74,109,956.62	6.84%	348,097,000.33	20.96%
Alternative Asset Opportunity (ALTO)											22,112,469.77	1.33%
Core Plus Bond Fund (Class (IV)					57,116,860.67	1.47%			26,695,857.25	2.46%
Currency Hedged International Bond Fund (CHIBF)
Currency Hedged International Equity Fund			12,096,658.50	3.16%			66,440,515.21	6.28%
Domestic Bond Fund (Class VI)					29,699,924.55	0.76%
Emerging Countries Fund	26,226,655.29	3.12%	9,101,676.77	2.37%	30,875,566.08	0.79%
Emerging Country Debt Fund (Class III)
Emerging Country Debt Fund (Class IV)			1,704,486.99	0.44%	12,471,065.99	0.32%			1,835,563.43	0.17%	32,977,063.40	1.99%
Emerging Markets Fund (Class III)
Emerging Markets Fund (Class IV)
Emerging Markets Fund (Class VI)	183,003,846.57	21.74%	39,446,248.51	10.29%	395,590,760.98	10.18%					315,021,000.68	18.97%
Emerging Markets Quality( Class VI)							85,796,398.62	8.11%	106,877,018.64	9.87%			55,284,512.58	7.24%
Inflation Indexed Plus Bond Fund (Class VI)			13,845,942.58	3.61%	599,813,939.11	15.44%			137,993,301.29	12.74%	364,095,741.64	21.93%
International Bond Fund (Class III)					22,000,386.84	0.57%			5,368,855.96	0.50%
International Core Equity (VI)					524,013,391.41	13.49%
International Growth Equity Fund (Class III)	316,615,053.19	37.61%	46,798,096.40	12.21%	294,663,592.01	7.58%	267,568,879.14	25.29%	214,053,957.64	19.76%			355,364,103.84	46.51%
International Intrinsic Value Fund (Class III)
International Intrinsic Value Fund (Class IV)	315,979,704.28	37.54%	45,056,847.79	11.75%	294,898,345.61	7.59%	256,093,875.30	24.21%	208,707,426.95	19.27%			353,357,352.67	46.25%
International Small Companies Fund
Real Estate Fund
Short-Duration Investment Fund			137,836.83	0.04%	3,552,395.83	0.09%
SPV			47.32	0.00%
Special Situation Fund					197,860,927.94	5.09%			54,105,787.04	5.00%	77,120,498.21	4.64%
Strategic Fixed Income (Class VI)			4,008,377.68	1.05%	443,199,082.69	11.41%			67,886,007.24	6.27%	186,643,593.62	11.24%
U.S Small/Mid Cap Growth Fund (III)															2,532,939.42	2.42%
U.S Small/Mid Cap Value Fund															2,467,418.69	2.36%
U.S. Core Equity Fund (Class III)
U.S. Core Equity Fund (Class V)
U.S. Core Equity Fund (Class VI)			151,731,655.87	39.58%	92,403,406.76	2.38%	255,503,525.81	24.15%	72,729,247.74	6.72%					72,879,478.34	69.61%
U.S. Growth Fund (III)			20,076.59	0.01%
U.S. Quality Equity Fund (Class VI)			50,115,165.50	13.07%	421,750,525.41	10.86%	126,549,461.72	11.96%	112,685,558.53	10.40%	314,355,117.08	18.93%			26,812,991.14	25.61%
U.S. Value Fund (III)			26,903.28	0.01%	270,842.51	0.01%
	841,825,259.33	100.00%	383,377,443.06	100.00%	3,885,155,602.37	100.00%	1,057,952,655.80	100.00%	1,083,048,538.33	100.00%	1,660,422,484.73	100.00%	764,005,969.09	100.00%	104,692,827.59	100.00%
Total Market Value
GMO Fund of Fund Allocation %
December, 2007	International Equity Allocation Fund		Global (U.S.+) Equity Allocation Fund		Global Balanced Asset Allocation Fund		World Opportunity Equity Allocation Fund		Strategic Opportunities Allocation Fund		Benchmark-Free Allocation Fund		International Opp. Equity Allocation Fund		U.S. Equity Allocation Fund
	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV
Name of Fund Owned
Alpha Only (Class IV)			22,358,764.90	5.88%	479,515,784.47	12.38%			74,663,872.89	6.99%	351,377,302.75	21.28%
Alternative Asset Opportunity (ALTO)											22,728,583.43	1.38%
Core Plus Bond Fund (Class (IV)					56,230,908.42	1.45%			26,268,248.71	2.46%
Currency Hedged International Bond Fund (CHIBF)
Currency Hedged International Equity Fund
Domestic Bond Fund (Class VI)					36,667,822.97	0.95%
Emerging Countries Fund	26,164,752.69	3.19%	9,080,194.15	2.39%	30,802,690.69	0.80%
Emerging Country Debt Fund (Class III)
Emerging Country Debt Fund (Class IV)			1,732,981.25	0.46%	12,679,547.39	0.33%			1,866,248.93	0.17%	33,528,347.78	2.03%
Emerging Markets Fund (Class III)
Emerging Markets Fund (Class IV)
Emerging Markets Fund (Class VI)	182,429,554.70	22.23%	39,300,964.51	10.33%	396,662,474.82	10.24%					310,345,937.85	18.80%
Emerging Markets Quality( Class VI)							85,661,759.42	8.30%	106,306,290.35	9.95%			55,923,718.85	7.52%
Inflation Indexed Plus Bond Fund (Class VI)					584,477,148.01	15.09%			135,144,476.48	12.64%	352,407,881.97	21.35%
International Bond Fund (Class III)					21,646,368.17	0.56%			5,282,463.15	0.49%
International Core Equity (VI)					465,513,043.69	12.02%
International Growth Equity Fund (Class III)	305,880,600.87	37.27%	31,480,473.74	8.27%	249,944,822.74	6.45%	246,659,977.81	23.90%	185,392,621.65	17.35%			344,613,866.78	46.33%
International Intrinsic Value Fund (Class III)
International Intrinsic Value Fund (Class IV)	306,250,394.93	37.31%	31,328,870.32	8.23%	249,366,614.39	6.44%	246,118,299.33	23.85%	182,729,276.45	17.10%			343,329,896.51	46.15%
International Small Companies Fund
Real Estate Fund
Short-Duration Investment Fund			137,706.07	0.04%	3,549,025.81	0.09%
SPV			47.32	0.00%
Special Situation Fund					203,819,030.38	5.26%			54,343,440.57	5.08%	77,864,558.83	4.72%
Strategic Fixed Income (Class VI)					441,593,203.43	11.40%			67,793,097.23	6.34%	186,388,149.86	11.29%
U.S Small/Mid Cap Growth Fund (III)															1,517,754.90	1.45%
U.S Small/Mid Cap Value Fund															1,429,511.20	1.36%
U.S. Core Equity Fund (Class III)
U.S. Core Equity Fund (Class V)
U.S. Core Equity Fund (Class VI)			148,221,890.55	38.96%	87,304,517.01	2.25%	250,511,312.60	24.27%	72,826,034.17	6.81%	3,090.67				70,495,187.71	67.28%
U.S. Growth Fund (III)			20,145.03	0.01%
U.S. Quality Equity Fund (Class VI)			96,773,408.50	25.44%	553,780,148.74	14.30%	203,049,535.84	19.68%	156,221,469.55	14.62%	316,341,756.96	19.16%			31,342,435.25	29.91%
U.S. Value Fund (III)			26,517.81	0.01%	266,961.86	0.01%
	820,725,303.19	100.00%	380,461,964.15	100.00%	3,873,820,112.99	100.00%	1,032,000,885.00	100.00%	1,068,837,540.13	100.00%	1,650,985,610.10	100.00%	743,867,482.14	100.00%	104,784,889.06	100.00%
Total Market Value
GMO Fund of Fund Allocation %
January, 2008	International Equity Allocation Fund		Global (U.S.+) Equity Allocation Fund		Global Balanced Asset Allocation Fund		World Opportunity Equity Allocation Fund		Strategic Opportunities Allocation Fund		Benchmark-Free Allocation Fund		International Opp. Equity Allocation Fund		U.S. Equity Allocation Fund
	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV
Name of Fund Owned
Alpha Only (Class IV)			22,542,703.55	6.33%	505,895,672.45	13.23%			82,953,482.78	7.90%	354,413,181.25	22.02%
Alternative Asset Opportunity (ALTO)											23,276,845.09	1.45%
Core Plus Bond Fund (Class (IV)					57,480,038.43	1.50%			26,851,779.35	2.56%
Currency Hedged International Bond Fund (CHIBF)
Currency Hedged International Equity Fund
Domestic Bond Fund (Class VI)					54,627,933.76	1.43%
Emerging Countries Fund	23,071,540.00	3.08%	8,006,728.18	2.25%	27,161,178.20	0.71%
Emerging Country Debt Fund (Class III)
Emerging Country Debt Fund (Class IV)			1,726,211.79	0.48%	12,630,017.91	0.33%			5,823,412.02	0.55%	33,407,712.21	2.08%
Emerging Markets Fund (Class III)
Emerging Markets Fund (Class IV)
Emerging Markets Fund (Class VI)	161,568,589.67	21.60%	34,806,867.88	9.77%	356,302,455.61	9.32%					273,170,416.69	16.98%
Emerging Markets Quality( Class VI)							78,317,204.43	8.15%	96,061,689.75	9.14%			51,510,109.45	7.38%
Inflation Indexed Plus Bond Fund (Class VI)					607,803,896.04	15.89%			140,836,491.43	13.41%	359,951,081.16	22.37%
International Bond Fund (Class III)					22,510,303.05	0.59%			5,493,293.16	0.52%
International Core Equity (VI)					404,025,081.51	10.56%
International Growth Equity Fund (Class III)	281,443,010.06	37.63%	28,965,417.43	8.13%	205,598,110.88	5.38%	226,001,716.50	23.53%	147,102,131.90	14.00%			325,766,370.08	46.68%
International Intrinsic Value Fund (Class III)
International Intrinsic Value Fund (Class IV)	281,810,589.20	37.68%	28,836,801.09	8.09%	205,334,828.56	5.37%	225,197,819.82	23.44%	152,709,953.72	14.54%			320,645,556.96	45.94%
International Small Companies Fund
Real Estate Fund
Short-Duration Investment Fund			137,223.46	0.04%	3,536,587.64	0.09%
SPV			49.07	0.00%
Special Situation Fund					210,454,538.18	5.50%			58,177,750.84	5.54%	80,424,241.56	5.00%
Strategic Fixed Income (Class VI)					438,994,504.46	11.48%			67,394,146.68	6.42%	185,512,704.99	11.53%
U.S Small/Mid Cap Growth Fund (III)															1,411,113.38	1.39%
U.S Small/Mid Cap Value Fund															1,368,256.54	1.35%
U.S. Core Equity Fund (Class III)
U.S. Core Equity Fund (Class V)
U.S. Core Equity Fund (Class VI)			138,970,714.86	39.00%	81,897,439.67	2.14%	232,269,809.31	24.18%	68,315,660.45	6.50%	2,900.17	0.00%			64,582,811.06	63.76%
U.S. Growth Fund (III)			18,453.03	0.01%
U.S. Quality Equity Fund (Class VI)			92,305,696.93	25.91%	630,336,171.89	16.48%	198,820,699.32	20.70%	198,786,127.50	18.92%	299,027,950.93	18.58%			33,929,242.37	33.50%
U.S. Value Fund (III)
	747,893,728.93	100.00%	356,316,867.27	100.00%	3,824,588,758.24	100.00%	960,607,249.38	100.00%	1,050,505,919.58	100.00%	1,609,187,034.05	100.00%	697,922,036.49	100.00%	101,291,423.35	100.00%
Total Market Value
GMO Fund of Fund Allocation %
February, 2008	International Equity Allocation Fund		Global (U.S.+) Equity Allocation Fund		Global Balanced Asset Allocation Fund		World Opportunity Equity Allocation Fund		Strategic Opportunities Allocation Fund		Benchmark-Free Allocation Fund		International Opp. Equity Allocation Fund		U.S. Equity Allocation Fund
	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV	Market Value	% of Total MV
Name of Fund Owned
Alpha Only Fund (Class IV)			22,706,204.57	6.37%	535,974,747.72	15.93%			90,584,368.42	8.23%	407,035,363.60	25.28%
Alternative Asset Allocation Fund(ALTO)											24,885,254.79	1.55%
Core Plus Bond Fund (Class IV)					49,187,749.47	1.46%			26,514,727.72	2.41%
Currency Hedged International Bond Fund
Currency Hedged International Equity Fund
Domestic Bond Fund (Class VI)					47,058,825.95	1.40%
Emerging Countries Fund	24,331,147.23	3.22%	8,443,861.23	2.37%	24,700,654.29	0.73%
Emerging Country Debt Fund (Class IV)			1,702,518.69	0.48%	10,781,540.88	0.32%			5,743,482.83	0.52%	32,949,174.98	2.05%
Emerging Markets Fund (Class III)
Emerging Markets Fund (Class IV)			36,561,535.09	10.26%
Emerging Markets Fund (Class VI)	165,596,572.81	21.92%			325,787,540.36	9.68%					285,823,204.98	17.75%
Emerging Markets Quality( Class VI)							80,556,568.08	8.53%	103,926,197.50	9.45%			52,923,869.45	7.37%
Inflation Indexed Plus Bond Fund (Class VI)
International Bond Fund (Class III)					19,794,069.20	0.59%			5,569,426.22	0.51%
International Core Equity (VI)					353,485,225.77	10.51%
International Growth Equity Fund (Class III)	283,913,373.70	37.58%	29,271,873.87	8.21%	178,541,031.25	5.31%	224,920,411.60	23.82%	156,545,574.68	14.23%			336,616,699.45	46.89%
International Intrinsic Value Fund (Class III)
International Intrinsic Value Fund (Class IV)	281,716,937.63	37.29%	28,827,179.20	8.09%	177,101,792.32	5.26%	221,378,801.37	23.44%	159,656,663.78	14.51%			328,314,267.93	45.74%
International Small Companies Fund
Real Estate Fund
Short-Duration Investment Fund			135,936.49	0.04%	3,034,068.19	0.09%
SPV			49.07	0.00%
Special Situation Fund					183,337,321.44	5.45%			58,396,772.96	5.31%	80,727,015.17	5.01%
Strategic Fixed Income (Class VI)					825,676,073.45	24.54%			216,621,118.85	19.69%	488,748,981.93	30.36%
U.S. Core Equity Fund (Class III)									69,986,653.68	6.36%
U.S. Core Equity Fund (Class V)
U.S. Core Equity Fund (Class VI)			134,495,007.45	37.73%	83,499,235.93	2.48%	224,789,300.15	23.80%			2,806.77	0.00%			56,188,235.82	59.10%
U.S. Growth Fund			17,964.73	0.01%
U.S. Quality Equity Fund (Class VI)			94,350,850.68	26.46%	546,781,435.62	16.25%	192,718,528.01	20.41%	206,637,035.91	18.78%	289,904,690.37	18.01%			36,390,513.92	38.28%
U.S. Small/Mid Cap Growth Fund															1,229,703.78	1.29%
U.S. Small/Mid Cap Value Fund															1,256,760.12	1.32%
U.S. Value Fund
	755,558,031.37	100.00%	356,512,981.07	100.00%	3,364,741,311.84	100.00%	944,363,609.21	100.00%	1,100,182,022.55	100.00%	1,610,076,492.59	100.00%	717,854,836.83	100.00%	95,065,213.64	100.00%
Total Market Value