06/30/2022 | Press release | Distributed by Public on 06/30/2022 11:40
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GMO BENCHMARK-FREE ALLOCATION 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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GBMIX
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GBMSX
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Class R6
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Class I
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Management fee
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| | | | 0.80%1 | | | | | | 0.80%1 | | |
Other expenses
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| | | | 0.01% | | | | | | 0.12%3 | | |
Acquired fund fees and expenses (underlying fund expenses)
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| | | | 0.36%2 | | | | | | 0.36%2 | | |
Total annual fund operating expenses
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| | | | 1.17% | | | | | | 1.28% | | |
Expense reimbursement/waiver
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| | | | (0.06%)1 | | | | | | (0.07%)1,3 | | |
Total annual fund operating expenses after expense reimbursement/waiver (fund and underlying fund expenses)
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| | | | 1.11% | | | | | | 1.21% | | |
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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 | | | | $ | 113 | | | | | | $ | 366 | | | | | | $ | 638 | | | | | | $ | 1,415 | | | |
Class I | | | | $ | 123 | | | | | | $ | 399 | | | | | | $ | 696 | | | | | | $ | 1,539 | | | |
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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* | | | | | | | | | | | | | | | | | | | | | | | | | | | |
7/23/03
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Return Before Taxes
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| | | | | 2.96 | % | | | | | | | 3.70 | % | | | | | | | 3.88 | % | | | | | | | 7.10 | % | | | |
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Return After Taxes on Distributions
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| | | | | 2.53 | % | | | | | | | 2.82 | % | | | | | | | 3.06 | % | | | | | | | 5.55 | % | | | |
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Return After Taxes on Distributions and
Sale of Fund Shares |
| | | | | 2.33 | % | | | | | | | 2.71 | % | | | | | | | 2.86 | % | | | | | | | 5.38 | % | | | |
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Bloomberg U.S. Treasury Inflation Notes:
1-10 Year Index (reflects no deduction for fees, expenses, or taxes) |
| | | | | 5.69 | % | | | | | | | 4.47 | % | | | | | | | 2.57 | % | | | | | | | 3.97 | % | | | |
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Consumer Price Index (reflects no
deduction for fees, expenses, or taxes) |
| | | | | 7.04 | % | | | | | | | 2.89 | % | | | | | | | 2.14 | % | | | | | | | 2.32 | % | | | |
| | Class R6 | | | | | | | | | | | | | | | | | | | | | | | | | | | |
5/1/20
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Return Before Taxes
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| | | | | 2.92 | % | | | | | | | N/A | | | | | | | | N/A | | | | | | | | 7.80 | % | | | |
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Bloomberg U.S. Treasury Inflation Notes:
1-10 Year Index (reflects no deduction for fees, expenses, or taxes) |
| | | | | 5.69 | % | | | | | | | N/A | | | | | | | | N/A | | | | | | | | 7.15 | % | | | |
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Consumer Price Index (reflects no
deduction for fees, expenses, or taxes) |
| | | | | 7.04 | % | | | | | | | N/A | | | | | | | | N/A | | | | | | | | 5.59 | % | | | |
| | Class I | | | | | | | | | | | | | | | | | | | | | | | | | | | |
8/8/19
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Return Before Taxes
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| | | | | 2.83 | % | | | | | | | N/A | | | | | | | | N/A | | | | | | | | 2.71 | % | | | |
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Bloomberg U.S. Treasury Inflation Notes:
1-10 Year Index (reflects no deduction for fees, expenses, or taxes) |
| | | | | 5.69 | % | | | | | | | N/A | | | | | | | | N/A | | | | | | | | 6.06 | % | | | |
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Consumer Price Index (reflects no
deduction for fees, expenses, or taxes) |
| | | | | 7.04 | % | | | | | | | N/A | | | | | | | | N/A | | | | | | | | 3.80 | % | | | |
Investment Team
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Senior Member (Length of Service with Fund)
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Title
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Asset Allocation | | | Ben Inker (since the Fund's inception in 2003) | | | Co-Head, Asset Allocation Team, GMO. | |
Asset Allocation | | | John Thorndike (since 2019) | | | Co-Head, Asset Allocation Team, GMO. | |