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GMO Benchmark-Free Allocation III GBMFX

Analyst rating as of
NAV / 1-Day Return
26.19  /  0.08 %
Total Assets
5.8 Bil
Adj. Expense Ratio
0.960%
Expense Ratio
0.960%
Fee Level
Above Average
Longest Manager Tenure
18.26 years
Category
World Allocation
Investment Style
Large Value
Credit Quality / Interest Rate Sensitivity
Status
Open
TTM Yield
2.93%
Turnover
20%
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Morningstar’s Analysis

Will GBMFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Missteps in 2020 highlight this strategy’s risks.

Senior Analyst

Summary

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A tried and tested management team that has invested through numerous boom and bust cycles helms GMO Benchmark Free, but missteps in recent years have dampened some conviction in their approach, resulting in a downgrade of the Process Pillar to Average from Above Average. The fund’s three cheapest share classes retain their Morningstar Analyst Rating of Bronze, but the most expensive share class has been downgraded to Neutral.

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