GMO International Bond Fund Class III (GMIBX)

7.52
Net Asset Value
-0.27%
1 Day
+8.51%
Year-to-Date
Overall Morningstar Rating
World bond
Style or Category
No Load
Sales Expenses
0.76%
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. 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. The term "bond" includes (i) obligations of an issuer to make payments of principal and/or interest (whether fixed or variable) on future dates and (ii) synthetic debt instruments created by GMO by using derivatives (e.g., a futures contract, swap contract, currency forward, or option). It is non-diversified.

Performance

1 month+0.94% 3 years+4.65%
3 months+2.31% 5 years+9.18%
1 year+10.56% Since inception+6.90%
Data through --

Peer Comparisonvs. World bond

 GMIBXCategory
Performance 5-yr return+9.18%+6.02%
Expense ratio0.76%1.08%
Risk 5 year sharpe ratio1.141.12
Net assets$47.9M$2.0B
Average market cap--$11.7B
Average P/E--21.2
Portfolio turnover18%18%

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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 income87.38%
Cash12.92%
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 Overlay17.25%
GMODX GMO Debt Opportunities VI17.20%
-- Euro-Bobl Future Mar14 Xeur 2014030615.50%
-- Japan(Govt Of) 2.2%12.17%
-- Jpn 10y Bond(Tse) Mar14 Xtks 2014031110.69%
-- Us 10yr Note (Cbt)jun14 Xcbt 201406199.95%
-- Long Gilt Future Jun14 Xlif 201406267.32%
-- France(Govt Of) 4%4.05%
-- Euro Bund Future Mar14 Xeur 201403063.98%
-- Canada Govt 3.5%3.72%

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