GMO SGM Major Markets uses a thoughtful portfolio construction process, but the strategy is relatively light on resources. Under our enhanced ratings framework that places a higher emphasis on the underlying pillar ratings, the Morningstar Analyst Rating has been downgraded to Neutral from Bronze for all share classes.
Will GSMFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GSMFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the GSMFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of GSMFX’s parent organization’s priorities and whether they’re in line with investors’ interests.