0001104659-23-126746.txt : 20231218 0001104659-23-126746.hdr.sgml : 20231218 20231218121907 ACCESSION NUMBER: 0001104659-23-126746 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20231218 DATE AS OF CHANGE: 20231218 EFFECTIVENESS DATE: 20231218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GMO TRUST CENTRAL INDEX KEY: 0000772129 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-98772 FILM NUMBER: 231492821 BUSINESS ADDRESS: STREET 1: 53 STATE STREET STREET 2: FLOOR 33 CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6173467646 MAIL ADDRESS: STREET 1: 53 STATE STREET STREET 2: FLOOR 33 CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: GMO CORE TRUST DATE OF NAME CHANGE: 19900927 0000772129 S000004917 GMO Multi-Sector Fixed Income Fund C000013293 Class II C000013294 Class III GUGAX C000013295 Class IV GPBFX C000013296 Class V C000013297 Class VI C000013298 Class VII C000013299 Class VIII C000034330 Class M C000213366 Class I C000213367 Class R6 497 1 tm2333060d2_497.htm 497

 

Filed pursuant to Rule 497(e)

File Nos. 002-98772 and 811-04347

 

GMO TRUST

 

Supplement dated December 18, 2023 to the
GMO Trust Prospectus, dated June 30, 2023, as supplemented (“Prospectus”)

 

GMO Multi-Sector Fixed Income Fund

 

Effective December 31, 2023, the section appearing on page 114 of the Prospectus captioned “Management of the Fund” is replaced in its entirety with the following:

 

Management of the Fund

 

Investment Adviser: Grantham, Mayo, Van Otterloo & Co. LLC

Investment Team and Senior Members of GMO primarily responsible for portfolio management of the Fund:

 

Investment Team   Senior Member (Length of Service with Fund)   Title
Developed Rates and FX   Jason Hotra (since 2016)   Head, Developed Rates and FX Team, GMO.
         
Developed Rates and FX   James Donaldson (since 2023)   Portfolio Manager, Developed Rates and FX Team, GMO.

 

Effective December 31, 2023, the following replaces the portions of the table beginning on page 187 of the Prospectus in the section captioned “Management of the Trust” that identify the senior members of the Investment Team with primary responsibility for managing the investments of GMO Multi-Sector Fixed Income Fund:

 

Multi-Sector Fixed Income Fund Jason Hotra Head, Developed Rates and FX Team, GMO. Mr. Hotra has been responsible for providing portfolio management services to GMO’s developed rates and FX portfolios since June 2015. Previously, Mr. Hotra was a portfolio manager at Convexity Capital Management.
James Donaldson Portfolio Manager, Developed Rates and FX Team, GMO.  Mr. Donaldson has been responsible for providing portfolio management services to GMO’s fixed income portfolios since 2015.

 

 

 

GMO TRUST

 

Amended and Restated Supplement dated December 18, 2023 to the
GMO Trust Statement of Additional Information, dated June 30, 2023 (“SAI”)

 

Effective December 31, 2023, GMO Multi-Sector Fixed Income Fund will be managed by Jason Hotra and James Donaldson. The SAI is updated to reflect the foregoing.

 

The tables setting forth information about accounts overseen or managed by the senior members of the teams as of February 28, 2023 (except as otherwise noted) on page 76 of the SAI are deleted and replaced with the following:

 

Senior Member  Registered investment
companies managed
(including non-GMO
mutual fund subadvisory
relationships)		   Other pooled investment
vehicles managed
(world-wide)		   Separate accounts
managed
(world-wide)		 
   Number of
accounts1 		    Total
assets1 		   Number of
accounts		    

Total
assets

   Number of
accounts		    Total
assets		 
Joe Auth  2   $1,384,294,649   0   $0   0   $0 
B.J. Brannan  1   $195,677,202   2   $389,167,309   0   $0 
Warren Chiang  5   $1,500,334,190   3   $38,918,333   3   $1,085,513,144 
Hassan Chowdhry  1   $64,965,394   0   $0   1   $198,525,330 
Ty Cobb  2   $6,854,385,433   2   $762,685,528   9   $4,688,418,704 
Arjun Divecha  3   $1,191,108,331   3   $38,918,333   3   $1,085,513,144 
James Donaldson2  1   $75,747,145   0   $0   1   $82,368,975 
Drew Edwards  1   $107,580,104   2   $32,124,890   2   $801,164,266 
Jason Halliwell  1   $128,955,046   6   $3,925,346,205   1   $154,730,099 
Thomas Hancock  6   $10,096,780,035   8   $2,325,778,555   15   $5,386,223,664 
Simon Harris  5   $1,878,875,255   3   $4,421,890,621   5   $2,475,221,907 
Anthony Hene  2   $6,854,385,433   2   $762,685,528   9   $4,688,418,704 
Jason Hotra  1   $103,901,800   2   $99,702,666   2   $120,643,768 
Ben Inker  11   $6,065,127,739   10   $5,199,828,249   37   $15,068,213,735 
Matt Kadnar  1   $195,677,202   2   $389,167,309   0   $0 
Tracey Keenan  1   $408,472,424   0   $0   0   $0 
James Mendelson  1   $64,965,394   0   $0   1   $198,525,330 
Ben Nabet  1   $1,127,012,614   0   $0   0   $0 
Tara Oliver  2   $309,225,859   0   $0   0   $0 
Rachna Ramachandran  1   $257,282,035   0   $0   0   $0 
John Thorndike  11   $6,065,127,739   6   $1,082,330,920   35   $14,151,765,233 
Tina Vandersteel  1   $2,786,023,374   4   $2,683,173,029   0   $0 
Lucas White  3   $3,177,429,208   6   $1,563,093,027   5   $499,279,630 

 

2

 

 

Senior Member  Registered investment
companies managed for
which GMO receives a
performance-based fee
(including non-GMO
mutual fund subadvisory
relationships)		   Other pooled investment
vehicles managed
(world-wide) for which
GMO receives a
performance-based fee		   Separate accounts
managed (world-wide) for
which GMO receives a
performance-based fee		 
   Number of
accounts1		    Total
assets1		   Number of
accounts		    Total
assets		   Number of
accounts		    Total
assets		 
Joe Auth  0   $0   0   $0   0   $0 
B.J. Brannan  0   $0   1   $389,167,309   0   $0 
Warren Chiang  0   $0   0   $0   0   $0 
Hassan Chowdhry  0   $0   0   $0   0   $0 
Ty Cobb  0   $0   0   $0   2   $807,240,138 
Arjun Divecha  0   $0   0   $0   0   $0 
James Donaldson2  0   $0   0   $0   1   $82,368,975 
Drew Edwards  0   $0   0   $0   0   $0 
Jason Halliwell  0   $0   6   $3,925,346,205   1   $154,730,099 
Thomas Hancock  0   $0   0   $0   3   $878,771,004 
Simon Harris  0   $0   3   $4,421,890,621   0   $0 
Anthony Hene  0   $0   0   $0   2   $807,240,138 
Jason Hotra  0   $0   1   $46,981,224   2   $120,643,768 
Ben Inker  0   $0   6   $4,899,896,602   18   $2,354,141,358 
Matt Kadnar  0   $0   1   $389,167,309   0   $0 
Tracey Keenan  0   $0   0   $0   0   $0 
James Mendelson  0   $0   0   $0   0   $0 
Ben Nabet  0   $0   0   $0   0   $0 
Tara Oliver  0   $0   0   $0   0   $0 
Rachna Ramachandran  0   $0   0   $0   0   $0 
John Thorndike  0   $0   2   $782,399,272   18   $2,354,141,358 
Tina Vandersteel  0   $0   2   $1,035,891,134   0   $0 
Lucas White  0   $0   0   $0   1   $71,530,866 

 

1 For some senior members, “Total assets” includes assets invested by other Funds.

2 Information about the accounts overseen or managed by Mr. Donaldson are provided as of December 8, 2023.

 

The following rows are added to the Senior Member Fund Ownership table showing the dollar range of each senior member’s direct beneficial share ownership as of February 28, 2023 (except as otherwise noted) on pages 77 and 78 of the SAI:

 

  Name of Senior Member Dollar Range of Shares Directly Owned in the Fund
       
  James Donaldson Multi-Sector Fixed Income Fund None3

 

3 Information about the dollar range of shares directly owned by Mr. Donaldson is provided as of December 8, 2023.

 

The following rows are added to the Senior Member Fund Ownership table showing the dollar range of each senior member’s indirect beneficial share ownership as of February 28, 2023 (except as otherwise noted) on pages 79 and 80 of the SAI:

 

  Name of Senior Member Dollar Range of Shares Directly Owned in the Fund
       
  James Donaldson Multi-Sector Fixed Income Fund None3

 

3 Information about the dollar range of shares directly owned by Mr. Donaldson is provided as of December 8, 2023.

 

3