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GMO GLOBAL ASSET ALLOCATION FUND
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Summary Prospectus
June 30, 2020 |
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Share Class:
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Class I
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Class R6
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Ticker:
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GMOOX
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GMWRX
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Class R6
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Class I
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Management fee
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| | | | 0.00%1 | | | | | | 0.00%1 | | |
Other expenses
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| | | | 0.01% | | | | | | 0.11%4 | | |
Acquired fund fees and expenses (underlying fund expenses)
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| | | | 0.59%2 | | | | | | 0.59%2 | | |
Total annual fund operating expenses
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| | | | 0.60% | | | | | | 0.70% | | |
Expense reimbursement
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| | | | (0.01%)3 | | | | | | (0.01%)3,4 | | |
Total annual fund operating expenses after expense reimbursement (Fund and underlying fund expenses)
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| | | | 0.59% | | | | | | 0.69% | | |
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1 Year
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3 Years
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5 Years
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10 Years
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Class R6 | | | | $ | 60 | | | | | $ | 191 | | | | | $ | 334 | | | | | $ | 749 | | | ||||
Class I | | | | $ | 70 | | | | | $ | 223 | | | | | $ | 389 | | | | | $ | 870 | | |
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1 Year
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5 Years
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10 Years
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Incept.
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| | Class III | | | | | | | | | | | | | | | | | | | | | | | | | | | |
6/28/96
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Return Before Taxes
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| | | | | 17.69 | % | | | | | | | 5.02 | % | | | | | | | 5.79 | % | | | | | | | 7.06 | % | | | |
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Return After Taxes on Distributions
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| | | | | 16.36 | % | | | | | | | 3.78 | % | | | | | | | 4.69 | % | | | | | | | 5.26 | % | | | |
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Return After Taxes on Distributions and
Sale of Fund Shares |
| | | | | 11.00 | % | | | | | | | 3.60 | % | | | | | | | 4.37 | % | | | | | | | 5.15 | % | | | |
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MSCI ACWI2 (returns reflect no deduction
for fees or expenses, but are net of withholding tax on dividend reinvestments) |
| | | | | 26.60 | % | | | | | | | 8.41 | % | | | | | | | 8.79 | % | | | | | | | 6.66 | % | | | |
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Bloomberg Barclays U.S. Aggregate
Index (reflects no deduction for fees, expenses, or taxes) |
| | | | | 8.72 | % | | | | | | | 3.05 | % | | | | | | | 3.75 | % | | | | | | | 5.22 | % | | | |
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GMO Global Asset Allocation Index3
(Fund benchmark) |
| | | | | 20.31 | % | | | | | | | 6.69 | % | | | | | | | 7.23 | % | | | | | | | 5.77 | % | | | |
Investment Team
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Senior Member (Length of Service with Fund)
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Title
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Asset Allocation | | | Ben Inker (since the Fund’s inception in 1996) | | | Head, Asset Allocation Team, GMO. | |
Asset Allocation | | | John Thorndike (since June 2019) | | | Portfolio Manager, Asset Allocation Team, GMO. | |
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