GMO TRUST

0001193125-24-171747.txt : 20240628 0001193125-24-171747.hdr.sgml : 20240628 20240628105555 ACCESSION NUMBER: 0001193125-24-171747 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240628 DATE AS OF CHANGE: 20240628 EFFECTIVENESS DATE: 20240628 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: 241082521 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 S000004081 GMO U.S. Equity Fund

C000011423 Class III GMUEX

C000011424 Class IV GMRTX

C000011425 Class V GMEQX

C000011426 Class VI GMCQX

C000213354 Class R6

C000213355 Class I

0000772129 S000004224 GMO International Equity Fund

C000011880 Class II GMICX

C000011881 Class III GMOIX

C000011882 Class IV GMCFX

C000011883 Class V

C000011884 Class VI

C000213358 Class I GMOUX

C000213359 Class R6

0000772129 S000004911 GMO Emerging Markets Fund

C000013268 Class II GMEMX

C000013269 Class III GMOEX

C000013270 Class IV GMEFX

C000013271 Class V GEMVX

C000013272 Class VI GEMMX

C000213362 Class R6 GEMNX

C000213363 Class I GEMEX

0000772129 S000004913 GMO International Opportunistic Value Fund

C000013281 Class II

C000013282 Class III GTMIX

C000013283 Class IV GMAZX

C000213364 Class I IOVFX

C000213365 Class R6 GMBCX

0000772129 S000065871 GMO U.S. Small Cap Value Fund

C000212810 Class VI GCAVX

C000212811 Class V

C000212812 Class I

C000212813 Class IV

C000212814 Class III

C000212815 Class R6

0000772129 S000072426 GMO Emerging Markets ex-China Fund

C000228643 Class VI GMAQX

C000228644 Class V

C000228645 Class R6

C000228646 Class I GMAVX

C000228647 Class III GMAUX

C000228648 Class II

C000228649 Class IV

0000772129 S000079720 GMO U.S. Opportunistic Value Fund

C000241007 Class III PPADX

C000241008 Class IV GUSOX

C000241009 Class R6 PPAJX

C000241010 Class V

C000241011 Class VI UUOAX

C000241012 Class I PPAEX

497 1 d818027d497.htm GMO TRUST GMO TRUST

Filed pursuant to Rule 497(e)

File Nos. 002-98772 and 811-04347

GMO TRUST

Supplement dated June 30, 2024 to the

GMO Trust Prospectus dated June 30, 2024 (“Prospectus”)

GMO Emerging Markets Fund

Until December 31, 2024, the section appearing on page 22 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
Systematic Equity		George Sakoulis (since March 2024)		Head, Systematic Equity Team, GMO.
Systematic Equity		Warren Chiang (since 2015)		Portfolio Manager, Systematic Equity Team, GMO.
Systematic Equity		Arjun Divecha (since the Fund’s inception in 1993)		Portfolio Manager, Systematic Equity Team, GMO.

GMO Emerging Markets ex-China Fund

Until December 31, 2024, the section appearing on page 26 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
Systematic Equity		George Sakoulis (since March 2024)		Head, Systematic Equity Team, GMO.
Systematic Equity		Warren Chiang (since the Fund’s inception in 2021)		Portfolio Manager, Systematic Equity Team, GMO.
Systematic Equity		Arjun Divecha (since the Fund’s inception in 2021)		Portfolio Manager, Systematic Equity Team, GMO.

GMO International Equity Fund

Until December 31, 2024, the section appearing on page 51 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
Systematic Equity		George Sakoulis (since March 2024)		Head, Systematic Equity Team, GMO.
Systematic Equity		Warren Chiang (since March 2024)		Portfolio Manager, Systematic Equity Team, GMO.
Systematic Equity		Simon Harris (since 2019)		Portfolio Manager, Systematic Equity Team, GMO.

GMO International Opportunistic Value Fund

Until December 31, 2024, the section appearing on page 56 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 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		George Sakoulis (since March 2024)		Head, Systematic Equity Team, GMO.
Systematic Equity		Warren Chiang (since May 2023)		Portfolio Manager, Systematic Equity Team, GMO.
Systematic Equity		Simon Harris (since 2019)		Portfolio Manager, Systematic Equity Team, GMO.
Systematic Equity		Tara Oliver (since May 2023)		Portfolio Manager, Systematic Equity Team, GMO.
Asset Allocation		John Thorndike (since May 2023)		Co-Head, Asset Allocation Team, GMO.

GMO U.S. Equity Fund

Until December 31, 2024, the section appearing on page 91 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
Systematic Equity		George Sakoulis (since March 2024)		Head, Systematic Equity Team, GMO.
Systematic Equity		Warren Chiang (since March 2024)		Portfolio Manager, Systematic Equity Team, GMO.
Systematic Equity		Simon Harris (since 2019)		Portfolio Manager, Systematic Equity Team, GMO.

GMO U.S. Opportunistic Value Fund

Until December 31, 2024, the section appearing on page 95 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 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		George Sakoulis (since March 2024)		Head, Systematic Equity Team, GMO.
Systematic Equity		Warren Chiang (since the Fund’s inception in 2022)		Portfolio Manager, Systematic Equity Team, GMO.
Systematic Equity		Simon Harris (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.
Asset Allocation		John Thorndike (since the Fund’s inception in 2022)		Co-Head, Asset Allocation Team, GMO.

GMO U.S. Small Cap Value Fund

Until December 31, 2024, the section appearing on page 100 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
Systematic Equity		George Sakoulis (since March 2024)		Head, Systematic Equity Team, GMO.
Systematic Equity		Warren Chiang (since March 2024)		Portfolio Manager, Systematic Equity Team, GMO.
Systematic Equity		Simon Harris (since the Fund’s inception in 2019)		Portfolio Manager, Systematic Equity Team, GMO.

Management of the Trust

Until December 31, 2024, the following replaces the portions of the table beginning on page 180 of the Prospectus in the section captioned “Management of the Trust” that identify the senior members of the Investment Team(s) with primary responsibility for managing the investments of International Equity Fund, U.S. Equity Fund, U.S. Small Cap Value Fund, U.S. Opportunistic Value Fund, International Opportunistic Value Fund, Emerging Markets Fund, and Emerging Markets ex-China Fund:


Funds		Senior Member		Title; Business Experience During Past 5 Years
International Equity Fund, U.S. Equity Fund, and U.S. Small Cap Value Fund		George Sakoulis		Head, Systematic Equity Team and Head of Investment Teams, GMO. Dr. Sakoulis has been the Head of Investment Teams at GMO since 2020. From 2009 to 2014 Dr. Sakoulis led quantitative research for GMO’s Emerging Markets Equity team. Prior to rejoining GMO in 2020, Dr. Sakoulis was Managing Director and Head of Global Multi-Asset Solutions for PGIM Quantitative Solutions LLC (formerly, Quantitative Management Associates LLC).

		Warren Chiang		Portfolio Manager, Systematic Equity Team, GMO. Mr. Chiang has been responsible for overseeing the portfolio management of GMO’s emerging markets equity portfolios since June 2015 and global equity portfolios since 2022. Previously, Mr. Chiang was Managing Director, Head of Active Equity Strategies at Mellon Capital Management.

		Simon Harris		Portfolio Manager, Systematic Equity Team, GMO. Mr. Harris has been responsible for providing portfolio management and research services to GMO’s global equity portfolios since 1989. This includes his prior experience as head of GMO’s UK Equity Team and as co-CEO of GMO UK Ltd.

U.S. Opportunistic Value Fund and International Opportunistic Value Fund		George Sakoulis		See above.
		Warren Chiang		See above.

		Simon Harris		See above.

		Tara Oliver		Portfolio Manager, Systematic Equity Team, GMO. Ms. Oliver has been responsible for providing portfolio management and research services to global equity portfolios at GMO since 2000.

		John Thorndike		See above.

Emerging Markets Fund and Emerging Markets ex-China Fund		George Sakoulis		See above.
Emerging Markets Fund and Emerging Markets ex-China Fund		Warren Chiang		See above.

		Arjun Divecha		Portfolio Manager, Systematic Equity Team and Emerging Markets Select Equity Team, GMO. Mr. Divecha has been responsible for overseeing the portfolio management of GMO’s emerging markets equity portfolios since 1993.

Shareholders should retain this Supplement for future reference.