GMO TRUST
GMO U.S. Opportunistic Value Fund
Supplement dated January 22, 2024 to the
Summary Prospectus, dated June 30, 2023
Effective March 31, 2024, the section appearing on page 3 of the Summary 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 Teams and Senior Members of GMO primarily responsible for portfolio management of the Fund:
Investment Team | Senior Member (Length of Service with Fund) | Title |
Systematic Equity | Simon Harris (since the Fund’s inception in 2022) | Head, Systematic Equity Team, GMO. |
Systematic Equity | George Sakoulis (since March 2024) | Portfolio Manager, Systematic Equity Team, GMO. |
Systematic Equity | Warren Chiang (since the Fund’s inception in 2022) | Portfolio Manager, Systematic Equity Team, GMO. |
Systematic Equity | Tara Oliver (since the Fund’s inception in 2022) | Portfolio Manager, Systematic Equity Team, GMO. |
Systematic Equity | John Thorndike (since the Fund’s inception in 2022) | Portfolio Manager, Systematic Equity Team, GMO. |