06/30/2022 | Press release | Distributed by Public on 06/30/2022 14:03
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GMO QUALITY FUND
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Summary Prospectus
June 30, 2022 |
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Share Class:
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Class I
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Class R6
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Ticker:
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GQLIX
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GQESX
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Class R6
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Class I
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Management fee
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| | | | 0.48%1 | | | | | | 0.48%1 | | |
Other expenses
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| | | | 0.02% | | | | | | 0.14%2 | | |
Total annual fund operating expenses
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| | | | 0.50% | | | | | | 0.62% | | |
Expense reimbursement/waiver
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| | | | (0.02%)1 | | | | | | (0.04%)1,2 | | |
Total annual fund operating expenses after expense reimbursement/waiver
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| | | | 0.48% | | | | | | 0.58% | | |
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1 Year
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3 Years
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5 Years
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10 Years
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Class R6 | | | | $ | 49 | | | | | | $ | 158 | | | | | | $ | 278 | | | | | | $ | 626 | | | |
Class I | | | | $ | 59 | | | | | | $ | 194 | | | | | | $ | 342 | | | | | | $ | 770 | | | |
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1 Year
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5 Years
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10 Years
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Incept.
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| | Class III | | | | | | | | | | | | | | | | | | | | | | | | | | | |
2/6/04
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Return Before Taxes
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| | | | | 26.20 | % | | | | | | | 20.62 | % | | | | | | | 16.20 | % | | | | | | | 10.40 | % | | | |
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Return After Taxes on Distributions
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| | | | | 24.18 | % | | | | | | | 17.48 | % | | | | | | | 13.05 | % | | | | | | | 8.58 | % | | | |
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Return After Taxes on Distributions
and Sale of Fund Shares |
| | | | | 16.46 | % | | | | | | | 15.85 | % | | | | | | | 12.35 | % | | | | | | | 8.16 | % | | | |
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S&P 500 Index (reflects no deduction for
fees, expenses, or taxes) |
| | | | | 28.71 | % | | | | | | | 18.48 | % | | | | | | | 16.55 | % | | | | | | | 10.51 | % | | | |
| | Class R6 | | | | | | | | | | | | | | | | | | | | | | | | | | | |
11/12/19
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Return Before Taxes
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| | | | | 26.22 | % | | | | | | | N/A | | | | | | | | N/A | | | | | | | | 23.59 | % | | | |
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S&P 500 Index (reflects no deduction for
fees, expenses, or taxes) |
| | | | | 28.71 | % | | | | | | | N/A | | | | | | | | N/A | | | | | | | | 24.50 | % | | | |
| | Class I | | | | | | | | | | | | | | | | | | | | | | | | | | | |
9/26/19
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Return Before Taxes
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| | | | | 26.09 | % | | | | | | | N/A | | | | | | | | N/A | | | | | | | | 24.77 | % | | | |
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S&P 500 Index (reflects no deduction for
fees, expenses, or taxes) |
| | | | | 28.71 | % | | | | | | | N/A | | | | | | | | N/A | | | | | | | | 25.15 | % | | | |
Investment Team
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Senior Member (Length of Service with Fund)
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Title
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Focused Equity | | | Thomas Hancock (since 2009) | | | Head, Focused Equity Team, GMO. | |
Focused Equity | | | Ty Cobb (since 2019) | | | Portfolio Manager, Focused Equity Team, GMO. | |
Focused Equity | | | Anthony Hene (since 2015) | | | Portfolio Manager, Focused Equity Team, GMO. | |