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Quality Investment Fund

  • Vehicle UCITS
  • Asset Class Equities

Overview

The GMO Quality Investment Fund seeks to generate total return by investing primarily in equities the Focused Equity team believes to be of high quality.

The team believes that companies with established track records of historical profitability and strong fundamentals – high quality companies – are able to outgrow the average company over time and are therefore worth a premium price. The Fund’s disciplined approach uses both quantitative and fundamental techniques to assess the relative quality and valuation of global companies and aims to exploit a long-term investment horizon while withstanding short-term volatility.

Facts

Doc Table
Fund Inception Date November 10, 2010
Fund Total Assets as of 8/31/2019 $57mm USD
SEDOL B3SBSR8
ISIN IE00B3SBSR82
NAV as of 9/17/2019 58.12

Performance

Quarter-End as of June 30, 2019(USD, %)

Table Caption
QTD YTD 1-Year 3-Year 5-Year ITD
Quality Investment Fund 3.54 16.87 13.57 15.39 11.83 12.92
MSCI World 4.00 16.98 6.33 11.77 6.60 8.84
S&P 500 (Net) 4.15 18.18 9.75 13.51 10.03 12.38
  • Quality Investment Fund
  • MSCI World
  • S&P 500 (Net)

Inception Date: November 10, 2010

Returns shown for periods greater than one year are on an annualized basis.

Net of all fees and expenses after reimbursement by the Manager, but not transaction costs, if any. If certain expenses were not reimbursed, performance would be lower.

Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.

Quarter-End as of June 30, 2019(USD, %)

Table Caption
QTD YTD 1-Year 3-Year 5-Year ITD
Quality Investment Fund 3.68 17.20 14.24 16.05 12.48 13.57
MSCI World 4.00 16.98 6.33 11.77 6.60 8.84
S&P 500 (Net) 4.15 18.18 9.75 13.51 10.03 12.38
  • Quality Investment Fund
  • MSCI World
  • S&P 500 (Net)

Inception Date: November 10, 2010

Returns shown for periods greater than one year are on an annualized basis.

Gross of fees, expenses and transaction costs, if any. If these fees, expenses and costs were included, performance would be lower.

Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.

Month-End as of August 31, 2019(USD, %)

Table Caption
MTD QTD YTD 1-Year 3-Year 5-Year ITD
Quality Investment Fund -1.76 0.49 17.44 4.46 14.29 11.43 12.71
MSCI World -2.05 -1.56 15.15 0.26 9.63 6.15 8.47
S&P 500 (Net) -1.65 -0.27 17.86 2.30 12.04 9.44 12.09
  • Quality Investment Fund
  • MSCI World
  • S&P 500 (Net)

Inception Date: November 10, 2010

Returns shown for periods greater than one year are on an annualized basis.

Net of all fees and expenses after reimbursement by the Manager, but not transaction costs, if any. If certain expenses were not reimbursed, performance would be lower.

Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.

Month-End as of August 31, 2019(USD, %)

Table Caption
MTD QTD YTD 1-Year 3-Year 5-Year ITD
Quality Investment Fund -1.71 0.59 17.90 5.08 14.95 12.07 13.36
MSCI World -2.05 -1.56 15.15 0.26 9.63 6.15 8.47
S&P 500 (Net) -1.65 -0.27 17.86 2.30 12.04 9.44 12.09
  • Quality Investment Fund
  • MSCI World
  • S&P 500 (Net)

Inception Date: November 10, 2010

Returns shown for periods greater than one year are on an annualized basis.

Gross of fees, expenses and transaction costs, if any. If these fees, expenses and costs were included, performance would be lower.

Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.

Year Ending December 31 (USD, %)

Calendar
Quality Investment Fund MSCI World S&P 500 (Net)
2018 0.00 -8.71 -4.94
2017 28.02 22.40 21.10
2016 9.05 7.51 11.23
2015 1.01 -0.87 0.75
2014 11.98 4.94 12.99
2013 24.40 26.68 31.55
2012 11.13 15.83 15.22
2011 11.07 -5.54 1.47
2010 0.72 2.58 3.40
  • Quality Investment Fund
  • MSCI World
  • S&P 500 (Net)

Inception Date: November 10, 2010

Returns shown for periods greater than one year are on an annualized basis.

Net of all fees and expenses after reimbursement by the Manager, but not transaction costs, if any. If certain expenses were not reimbursed, performance would be lower.

Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.

Year Ending December 31 (USD, %)

Calendar
Quality Investment Fund MSCI World S&P 500 (Net)
2018 0.61 -8.71 -4.94
2017 28.75 22.40 21.10
2016 9.65 7.51 11.23
2015 1.59 -0.87 0.75
2014 12.64 4.94 12.99
2013 25.11 26.68 31.55
2012 11.78 15.83 15.22
2011 11.71 -5.54 1.47
2010 0.81 2.58 3.40
  • Quality Investment Fund
  • MSCI World
  • S&P 500 (Net)

Inception Date: November 10, 2010

Returns shown for periods greater than one year are on an annualized basis.

Gross of fees, expenses and transaction costs, if any. If these fees, expenses and costs were included, performance would be lower.

Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.

Management

Hancock_Tom

Tom Hancock

Head of Focused Equity

Dr. Hancock is the head of GMO’s Focused Equity team and the portfolio manager for the Quality Strategy. Previously at GMO, he was co-head of the Global Equity team. He is a partner of the firm. Prior to joining GMO in 1995, he was a research scientist at Siemens and a software engineer at IBM. Dr. Hancock holds a Ph.D. in Computer Science from Harvard University and B.S. and M.S. degrees from Rensselaer Polytechnic Institute.

Cobb_Ty

Ty Cobb

Portfolio Manager

Mr. Cobb is engaged in portfolio management and research within GMO’s Focused Equity team and is a partner of the firm. Previously at GMO, he led the fundamental research group for the Global Equity team. Prior to joining GMO in 1997, he worked at Brown Brothers Harriman. Mr. Cobb received a B.A. in Economics/Russian Language from Bucknell University and an M.S. in Finance from Suffolk University. He is a CFA charterholder.

Hene_Anthony

Anthony Hene

Portfolio Manager, Focused Equity

Mr. Hene is co-portfolio manager for the Quality Strategy. He is a member of the Focused Equity team and a partner of the firm. Previously at GMO, he was engaged in portfolio management within the Global Equity team. Mr. Hene joined GMO full-time in 1995. He has an MSc in Biochemistry from the University of Oxford and is a CFA charterholder.

Documents

Literature

Fact Sheet
Memorandum of Association of GMO Funds Plc
Prospectus
Prospectus - Singapore Wrapper Jul 2019
KIID - EUR
KIID - GBP
KIID - Swedish
KIID - USD
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Downloads

Performance
Portfolio Composition
Holdings
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Commentary & Attribution

Commentary - Quarterly
Attribution - Monthly
Attribution - Quarterly
Attribution - YTD
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Investor Information

Annual Report
Semiannual Report
NAVs and Distributions
Fair Value Hierarchy
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Risks

Risks associated with investing in the Fund may include Market Risk - Equities, Management and Operational Risk, Focused Investment Risk, Non-U.S. Investment Risk, and Currency Risk. For a more complete discussion of these risks and others, please consult the Fund's prospectus.

Disclosures

The making available of any document on this website does not constitute a promotion, offer or sale of any securities, financial instruments, or other financial products to the public in or into any jurisdiction where such promotion, offer or sale is prohibited or to any person or class of person to whom such securities or financial instruments may not be lawfully promoted, offered or sold. You should not rely on any document on this website in making any decision to engage in investment activity without seeking further information from GMO to enable GMO to determine whether you may be eligible to receive such further information or purchase or subscribe for any securities or other financial instruments.

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