GMO Taiwan Fund Class III (GMOTX)

22.58
Net Asset Value
+0.98%
1 Day
+5.37%
Year-to-Date
Overall Morningstar Rating
China region
Style or Category
No Load
Sales Expenses
1.39%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks total return in excess of that of its benchmark, the MSCI Taiwan Index. The fund typically makes equity investments directly and indirectly (e.g., through underlying funds or derivatives) in companies doing business in, or otherwise tied economically to, Taiwan. It may invest in companies of any market capitalization. Under normal circumstances, the fund invests directly and indirectly at least 80% of assets in investments tied economically to Taiwan. It is non-diversified.

Performance

1 month+5.86% 3 years+2.12%
3 months+4.15% 5 years+14.25%
1 year+14.56% Since inception+8.37%
Data through --

Peer Comparisonvs. China region

 GMOTXCategory
Performance 5-yr return+14.25%+13.88%
Expense ratio1.39%1.79%
Risk 5 year sharpe ratio0.800.71
Net assets$155.0M$202.9M
Average market cap$6.9B$24.8B
Average P/E15.010.9
Portfolio turnover156%156%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyGMO
Fund manager & tenureArjun Divecha / 11 Years
Minimal initial investment$10,000,000.00
Minimum IRA investment--

Holdings

International stock99.33%
Cash0.67%
U.S. stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Hardware 54.23%
Consumer goods 17.58%
Financial service 11.29%
Telecommunication 9.54%
Industrial materials 4.74%
Top 10 Holdings
Portfolio weighting
-- Hon Hai Precision Ind. Co., Ltd.12.46%
-- Asustek Computer Inc8.21%
-- HTC Corporation6.71%
-- Chunghwa Telecom Co Ltd6.44%
-- Compal Electronics, Inc.6.44%
TSM Taiwan Semiconductor Manufacturing Co Ltd ADR6.21%
-- Quanta Computer Inc.4.51%
-- Wistron Corp4.17%
-- Catcher Technology Co Ltd3.35%
-- Lite-On Technology Corp.3.21%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.