Morningstar

GMO Alternative Allocation Fund Class I GAAGX

Rating as of Sep 30, 2026 See GMO Investment Hub

Strategy

The investment seeks positive total return. The fund seeks annualized returns of 4% (net of fees) above cash (FTSE 3-Month Treasury Bill Index) over a complete market cycle by obtaining long and/or short exposures to a variety of investment styles (“Styles”) across the following asset groups: stocks, equity indices, bonds, interest rates, currencies and commodities (“Asset Groups”). Its long and short exposures to Styles and Asset Groups depend on GMO’s evaluation of investment opportunities.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
GAAVX	GMO Alternative Allocation Fund Class VI	Institutional	Open		—	May 1, 2019	$787.48M	0.830%	Low	$300M	$66.84M
GAAGX	GMO Alternative Allocation Fund Class I	Institutional	Open		—	Sep 4, 2019	$150.55M	1.110%	Below Average	$0	$16.12M
GAAKX	GMO Alternative Allocation Fund Class R6	Retirement, Large	Open		—	Mar 13, 2026	$114,838.00	0.990%	Below Average	$0	—

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