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Overview

The GMO Global Opportunistic Value UCITS Fund seeks to generate total return by investing primarily in developed and emerging market equities. The Fund measures its performance against the MSCI ACWI Value Index.

The Fund seeks to benefit from our Asset Allocation team’s top‑down insights into the most attractively valued segments of global equity markets, coupled with bottom-up stock selection from our Systematic Equity team. Currently, the Asset Allocation team finds “deep value” (cheapest 20%) stocks to be unusually cheap relative to their own history. This actively managed Fund concentrates exposure in the deep value segment by focusing on the global stocks that GMO’s Systematic Equity team identifies as the most undervalued, using proprietary valuation models because we believe that relying on reported financials and index definitions of value may lead investors to misjudge the opportunity.

Facts

Doc Table
Fund Inception Date February 7, 2002
Fund Total Assets as of 31/08/2026 $170mm USD
SFDR Classification Article 6

USD Class A

Inception Date October 20, 2014
SEDOL BRKD2N4
ISIN IE00BRKD2N47
NAV as of 29/09/2026 69.81

Performance

Quarter-End as of June 30, 2026(USD, %) | Global Opportunistic Value UCITS Fund USA

Table Caption
QTD YTD 1-Year 3-Year 5-Year 10-Year ITD
Global Opportunistic Value UCITS Fund 15.68 17.04 34.97 24.10 14.18 13.34 10.97
MSCI ACWI 14.93 11.25 23.67 19.69 10.98 12.79 11.15
  • Global Opportunistic Value UCITS Fund 1
  • MSCI ACWI

Inception Date: October 20, 2014

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.

UCITS HAVE NO GUARANTEED RETURN AND PAST PERFORMANCE DOES NOT GUARANTEE FUTURE PERFORMANCE.

1 Returns include a substantial, one-time litigation settlement recovery received on December 16, 2024. This event contributed 1.00% to 2024 annual performance. Performance for other periods, including this date, was also positively impacted, sometimes materially. Without this recovery, performance would have been lower in both absolute terms and relative to the benchmark. Returns include a substantial, one-time proceed from the sale of certain Russian securities. The one-time sale of these securities contributed 0.19% (1-day performance impact). Performance for other time periods was also positively impacted. Without these proceeds, performance would have been lower. Additional information is available upon request. On 30 September 2026, the Fund changed its investment policy which up to that point reflected the Global Equity Allocation Strategy. From 30 September forward the Fund has implemented, and its investment policy has reflected, the Global Opportunistic Value Strategy. Accordingly, the performance information for all periods prior to 30 September 2026 was achieved implementing the Global Equity Allocation Strategy.

Quarter-End as of June 30, 2026(USD, %) | Global Opportunistic Value UCITS Fund USA

Table Caption
QTD YTD 1-Year 3-Year 5-Year 10-Year ITD
Global Opportunistic Value UCITS Fund 15.87 17.43 35.89 24.98 15.01 14.19 11.79
MSCI ACWI 14.93 11.25 23.67 19.69 10.98 12.79 11.15
  • Global Opportunistic Value UCITS Fund 1
  • MSCI ACWI

Inception Date: October 20, 2014

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.

UCITS HAVE NO GUARANTEED RETURN AND PAST PERFORMANCE DOES NOT GUARANTEE FUTURE PERFORMANCE.

1 Returns include a substantial, one-time litigation settlement recovery received on December 16, 2024. This event contributed 1.00% to 2024 annual performance. Performance for other periods, including this date, was also positively impacted, sometimes materially. Without this recovery, performance would have been lower in both absolute terms and relative to the benchmark. Returns include a substantial, one-time proceed from the sale of certain Russian securities. The one-time sale of these securities contributed 0.19% (1-day performance impact). Performance for other time periods was also positively impacted. Without these proceeds, performance would have been lower. Additional information is available upon request. On 30 September 2026, the Fund changed its investment policy which up to that point reflected the Global Equity Allocation Strategy. From 30 September forward the Fund has implemented, and its investment policy has reflected, the Global Opportunistic Value Strategy. Accordingly, the performance information for all periods prior to 30 September 2026 was achieved implementing the Global Equity Allocation Strategy.

Month-End as of August 31, 2026(USD, %) | Global Opportunistic Value UCITS Fund USA

Table Caption
MTD QTD YTD 1-Year 3-Year 5-Year 10-Year ITD
Global Opportunistic Value UCITS Fund 3.00 5.22 23.16 35.71 25.65 15.12 13.37 11.29
MSCI ACWI 3.02 3.10 14.70 22.77 20.61 10.96 12.62 11.27
  • Global Opportunistic Value UCITS Fund 1
  • MSCI ACWI

Inception Date: October 20, 2014

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.

UCITS HAVE NO GUARANTEED RETURN AND PAST PERFORMANCE DOES NOT GUARANTEE FUTURE PERFORMANCE.

1 Returns include a substantial, one-time litigation settlement recovery received on December 16, 2024. This event contributed 1.00% to 2024 annual performance. Performance for other periods, including this date, was also positively impacted, sometimes materially. Without this recovery, performance would have been lower in both absolute terms and relative to the benchmark. Returns include a substantial, one-time proceed from the sale of certain Russian securities. The one-time sale of these securities contributed 0.19% (1-day performance impact). Performance for other time periods was also positively impacted. Without these proceeds, performance would have been lower. Additional information is available upon request. On 30 September 2026, the Fund changed its investment policy which up to that point reflected the Global Equity Allocation Strategy. From 30 September forward the Fund has implemented, and its investment policy has reflected, the Global Opportunistic Value Strategy. Accordingly, the performance information for all periods prior to 30 September 2026 was achieved implementing the Global Equity Allocation Strategy.

Month-End as of August 31, 2026(USD, %) | Global Opportunistic Value UCITS Fund USA

Table Caption
MTD QTD YTD 1-Year 3-Year 5-Year 10-Year ITD
Global Opportunistic Value UCITS Fund 3.06 5.35 23.71 36.63 26.54 15.95 14.21 12.11
MSCI ACWI 3.02 3.10 14.70 22.77 20.61 10.96 12.62 11.27
  • Global Opportunistic Value UCITS Fund 1
  • MSCI ACWI

Inception Date: October 20, 2014

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.

UCITS HAVE NO GUARANTEED RETURN AND PAST PERFORMANCE DOES NOT GUARANTEE FUTURE PERFORMANCE.

1 Returns include a substantial, one-time litigation settlement recovery received on December 16, 2024. This event contributed 1.00% to 2024 annual performance. Performance for other periods, including this date, was also positively impacted, sometimes materially. Without this recovery, performance would have been lower in both absolute terms and relative to the benchmark. Returns include a substantial, one-time proceed from the sale of certain Russian securities. The one-time sale of these securities contributed 0.19% (1-day performance impact). Performance for other time periods was also positively impacted. Without these proceeds, performance would have been lower. Additional information is available upon request. On 30 September 2026, the Fund changed its investment policy which up to that point reflected the Global Equity Allocation Strategy. From 30 September forward the Fund has implemented, and its investment policy has reflected, the Global Opportunistic Value Strategy. Accordingly, the performance information for all periods prior to 30 September 2026 was achieved implementing the Global Equity Allocation Strategy.

Year Ending December 31 (USD, %) | Global Opportunistic Value UCITS Fund USA

Calendar
Global Opportunistic Value UCITS Fund MSCI ACWI
2025 31.32 22.34
2024 14.00 17.49
2023 22.56 22.20
2022 -10.29 -18.36
2021 17.05 18.54
2020 7.27 16.25
2019 23.68 26.60
2018 -13.81 -9.42
2017 26.70 23.97
2016 6.21 7.86
  • Global Opportunistic Value UCITS Fund 1
  • MSCI ACWI

Inception Date: October 20, 2014

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.

UCITS HAVE NO GUARANTEED RETURN AND PAST PERFORMANCE DOES NOT GUARANTEE FUTURE PERFORMANCE.

1 Returns include a substantial, one-time litigation settlement recovery received on December 16, 2024. This event contributed 1.00% to 2024 annual performance. Performance for other periods, including this date, was also positively impacted, sometimes materially. Without this recovery, performance would have been lower in both absolute terms and relative to the benchmark. Returns include a substantial, one-time proceed from the sale of certain Russian securities. The one-time sale of these securities contributed 0.19% (1-day performance impact). Performance for other time periods was also positively impacted. Without these proceeds, performance would have been lower. Additional information is available upon request. On 30 September 2026, the Fund changed its investment policy which up to that point reflected the Global Equity Allocation Strategy. From 30 September forward the Fund has implemented, and its investment policy has reflected, the Global Opportunistic Value Strategy. Accordingly, the performance information for all periods prior to 30 September 2026 was achieved implementing the Global Equity Allocation Strategy.

Year Ending December 31 (USD, %) | Global Opportunistic Value UCITS Fund USA

Calendar
Global Opportunistic Value UCITS Fund MSCI ACWI
2025 32.23 22.34
2024 14.83 17.49
2023 23.44 22.20
2022 -9.62 -18.36
2021 17.93 18.54
2020 8.11 16.25
2019 24.60 26.60
2018 -13.12 -9.42
2017 27.71 23.97
2016 6.96 7.86
  • Global Opportunistic Value UCITS Fund 1
  • MSCI ACWI

Inception Date: October 20, 2014

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.

UCITS HAVE NO GUARANTEED RETURN AND PAST PERFORMANCE DOES NOT GUARANTEE FUTURE PERFORMANCE.

1 Returns include a substantial, one-time litigation settlement recovery received on December 16, 2024. This event contributed 1.00% to 2024 annual performance. Performance for other periods, including this date, was also positively impacted, sometimes materially. Without this recovery, performance would have been lower in both absolute terms and relative to the benchmark. Returns include a substantial, one-time proceed from the sale of certain Russian securities. The one-time sale of these securities contributed 0.19% (1-day performance impact). Performance for other time periods was also positively impacted. Without these proceeds, performance would have been lower. Additional information is available upon request. On 30 September 2026, the Fund changed its investment policy which up to that point reflected the Global Equity Allocation Strategy. From 30 September forward the Fund has implemented, and its investment policy has reflected, the Global Opportunistic Value Strategy. Accordingly, the performance information for all periods prior to 30 September 2026 was achieved implementing the Global Equity Allocation Strategy.

Documents

Literature

Fact Sheet Download
Prospectus Download
Prospectus - Supplement(s) Download
Investor Rights and Redress Disclosure Download
Pan-European Country Supplement Download
Prospectus - Singapore Wrapper Download
Prospectus - UK Supplement Download
KIIDs Download
PRIIPs Download
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Downloads

Performance Download
Portfolio Composition Download
Holdings Download
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Commentary & Attribution

Commentary Quarterly Download
Market Review Download
Attribution - Monthly Download
Attribution - Quarterly Download
Attribution - YTD Download
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Investor Information

Semiannual Report Download
NAVs and Distributions Download
Fair Value Hierarchy - As of 30/09/25 Download
Fair Value Hierarchy - As of 31/03/26 Download
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Document Library

Risks

Risks associated with investing in the Fund may include: (1) Market Risk - Equities: the market price of equities may decline due to factors affecting the issuer, its industries, or the economy and equity markets generally. Declines in stock market prices generally are likely to reduce the net asset value of the Fund's shares; (2) Management and Operational Risk: the risk that GMO's investment techniques will fail to produce desired results, including annualized returns and annualized volatility; and (3) Non-U.S. Investment Risk: the market prices of many non-U.S. securities (particularly of companies tied economically to emerging countries) fluctuate more than those of U.S. securities. Many non-U.S. markets (particularly emerging markets) are less stable, smaller, less liquid, and less regulated than U.S. markets, and the cost of trading in those markets often is higher than it is in U.S. markets. For a more complete discussion of these and other risks, 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.

This product is based overseas and is not subject to the UK sustainable investment labelling and disclosure requirements. Please refer to the UK Financial Conduct Authority webpage for more information: https://www.fca.org.uk/consumers/sustainable-investment-labels-greenwashing