Skip to Content
Morningstar

GMO Benchmark-Free Allocation III GBMFX

Morningstar Medalist Rating
Medalist Rating as of | See GMO Investment Hub
  • NAV / 1-Day Return 26.25  /  0.38 %
  • Total Assets 3.9 Bil
  • Adj. Expense Ratio
    1.160%
  • Expense Ratio 1.160%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Global Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 3.24%
  • Turnover 19%

USD | NAV as of Dec 05, 2023 | 1-Day Return as of Dec 05, 2023, 12:20 AM GMT+0

Morningstar’s Analysis GBMFX

Will GBMFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GBMFX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the GBMFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of GBMFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Devoutly contrarian, for the strong-willed investor.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

GMO Benchmark Free is a rigorous expression of the firm’s investment approach—contrarian, value-driven, and based on deeply researched seven-year forecasts—but its peculiarity means that an investor requires patience to stick with this offering through periods in which the market environment is dramatically unsympathetic . Also, fees could be lower. All share classes maintain a Morningstar Analyst Rating of Neutral.

by Vedran Beogradlija
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings GBMFX

More GBMFX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 9
  • % Assets in Top 10 Holdings 100.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

GMO Implementation

87.29
3,623,952,196
—

GMO Opportunistic Income VI

5.04
209,256,175
—

GMO Emerging Country Debt VI

4.43
183,782,941
—

GMO SGM Major Markets VI

2.12
88,168,035
—

GMO High Yield VI

1.10
45,491,295
—

State Street Instl Treasury MMkt Invsmt

0.09
3,855,113
Cash and Equivalents

Asset Offset

< 0.01
263,177
—

Other Liability

−0.07
−2,951,253
—