GMO International Bond Fund Class III (GMIBX)

7.37
Net Asset Value
-0.27%
1 Day
+6.35%
Year-to-Date
Overall Morningstar Rating
World bond
Style or Category
No Load
Sales Expenses
0.72%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks total return in excess of that of its benchmark, the J.P. Morgan GBI Global ex U.S. The fund's investment program has two principal components. One component seeks to replicate the fund's benchmark. The second component seeks to add value relative to the fund's benchmark by taking positions that may not be related to its benchmark. Under normal circumstances, the fund invests directly and indirectly (e.g., through other GMO Funds or derivatives) at least 80% of its assets in bonds. It is non-diversified.

Performance

1 month+0.68% 3 years+5.22%
3 months+5.44% 5 years+11.57%
1 year+5.29% Since inception+6.81%
Data through --

Peer Comparisonvs. World bond

 GMIBXCategory
Performance 5-yr return+11.57%+7.00%
Expense ratio0.72%1.09%
Risk 5 year sharpe ratio1.241.20
Net assets$61.0M$1.9B
Average market cap--$11.1B
Average P/E--22.2
Portfolio turnover21%21%

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Fund Management and Purchase Info

Fund familyGMO
Fund manager & tenureMarc Seidner / 0 Years
Minimal initial investment$10,000,000.00
Minimum IRA investment--

Holdings

Fixed income88.98%
Cash10.97%
International stock0.04%
U.S. stock0.02%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- GMO World Opportunity Overlay16.16%
GMOSX GMO Short-Duration Collateral16.05%
-- Euro-Bobl Future Dec13 Xeur 2013120613.56%
-- Japan(Govt Of) 2.2%11.51%
-- Us 10yr Note (Cbt)mar14 Xcbt 201403208.80%
-- Jpn 10y Bond(Tse) Dec13 Xtks 201312118.42%
-- Euro-Bund Future Dec13 Xeur 201312067.56%
-- Canada Govt 3.5%3.66%
-- France(Govt Of) 4%3.65%
-- Japan 34(30 Year Issue) Sr Unsecured 03/41 2.23.26%

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