GMO Foreign Fund Class III (GMOFX)
| 11.47 Net Asset Value | -0.86% 1 Day | +1.50% Year-to-Date | Overall Morningstar Rating |
| Foreign large value Style or Category | No Load Sales Expenses | 0.88% Expense Ratio | Average Morningstar Risk Rating™ |
Investment Objective The investment seeks total return in excess of that of its benchmark, the MSCI EAFE Index.
Under normal circumstances, the fund invests directly and indirectly (e.g., through underlying funds or derivatives) at least 80% of its assets in investments tied economically to countries other than the United States, including both developed and emerging countries. The term "equities" refers to direct and indirect investments in common and preferred stocks and other stock-related securities, such as convertible securities, depositary receipts, and exchange-traded equity real estate investment trusts (REITs) and income trusts. It is non-diversified.
Performance
| 1 month | -0.61% | 3 years | +6.48% | |
| 3 months | -0.47% | 5 years | +4.25% | |
| 1 year | -7.22% | Since inception | +11.28% |
Data through --
Peer Comparisonvs. Foreign large value
| GMOFX | Category | |
|---|---|---|
| Performance 5-yr return | +4.25% | +4.27% |
| Expense ratio | 0.88% | 1.33% |
| Risk 5 year sharpe ratio | 0.25 | 0.33 |
| Net assets | $307.7M | $1.4B |
| Average market cap | $25.6B | $33.5B |
| Average P/E | 12.3 | 14.4 |
| Portfolio turnover | 98% | 98% |
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Fund Management and Purchase Info
| Fund family | GMO |
| Fund manager & tenure | Drew Spangler / 3 Years |
| Minimal initial investment | $35,000,000.00 |
| Minimum IRA investment | -- |
Holdings
| International stock | 96.72% |
| Cash | 1.82% |
| Other | 0.95% |
| U.S. stock | 0.50% |
| Fixed income | 0.01% |
Top 5 SectorsPortfolio weighting
| Financial service | 19.12% |
| Industrial materials | 17.98% |
| Consumer goods | 17.29% |
| Energy | 12.21% |
| Telecommunication | 8.00% |
Top 10 HoldingsPortfolio weighting
| -- Mitsubishi UFJ Financial Group Inc | 4.50% |
| -- Sumitomo Mitsui Financial Group Inc | 4.50% |
| -- E On SE | 2.93% |
| -- Banco Bilbao Vizcaya Argentaria SA | 2.91% |
| -- Peugeot | 2.86% |
| -- Nokia Oyj | 2.49% |
| -- Samsung Electronics Co Ltd | 2.32% |
| -- British American Tobacco PLC | 2.27% |
| -- Royal Dutch Shell PLC Class A | 2.13% |
| -- Eni SpA | 2.09% |
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