Overview

The GMO Small Cap Quality Fund seeks to generate total return by investing primarily in equities of U.S. small cap companies that 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 U.S. small cap companies and aims to exploit a long-term investment horizon while withstanding short-term volatility.

Facts

Doc Table
Fund Inception Date September 20, 2022
Fund Total Assets as of 31/10/2022 $100mm USD
Benchmark S&P 600

Share Class VI

Inception Date September 20, 2022
Ticker Symbol GSBGX
CUSIP 36256V494
NAV as of 2/12/2022 23.07
Net Expense Ratio 1 0.66
Gross Expense Ratio 2 0.82

1 Net Expense Ratio reflects the reduction of expenses from fee reimbursements. The fee reimbursements will continue until at least June 30, 2023. Elimination of this reimbursement will result in higher fees and lower performance.

2 Gross Expense Ratio is equal to the Funds Total Annual Operating Expenses set forth in the Funds most recent prospectus dated June 30, 2022.

Performance

Quarter-End as of September 30, 2022(USD, %)

Table Caption
ITD
Small Cap Quality Fund -4.35
S&P 600 -6.68
  • Small Cap Quality Fund
  • S&P 600

Inception Date: September 20, 2022

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

If certain expenses were not reimbursed, performance would be lower. Transaction costs, if any, are paid to the fund to offset the cost of portfolio transactions to invest or raise cash.

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 September 30, 2022(USD, %)

Table Caption
QTD YTD ITD
Small Cap Quality Fund -4.35 -4.35 -4.35
S&P 600 -6.68 -6.68 -6.68
  • Small Cap Quality Fund
  • S&P 600

Inception Date: September 20, 2022

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 September 30, 2022(USD, %)

Table Caption
QTD YTD ITD
Small Cap Quality Fund -4.33 -4.33 -4.33
S&P 600 -6.68 -6.68 -6.68
  • Small Cap Quality Fund
  • S&P 600

Inception Date: September 20, 2022

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 October 31, 2022(USD, %)

Table Caption
MTD QTD YTD ITD
Small Cap Quality Fund 10.98 10.98 6.15 6.15
S&P 600 12.37 12.37 4.86 4.86
  • Small Cap Quality Fund
  • S&P 600

Inception Date: September 20, 2022

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 October 31, 2022(USD, %)

Table Caption
MTD QTD YTD ITD
Small Cap Quality Fund 11.03 11.03 6.22 6.22
S&P 600 12.37 12.37 4.86 4.86
  • Small Cap Quality Fund
  • S&P 600

Inception Date: September 20, 2022

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.

Documents

Literature

Prospectus Download
Summary Prospectus Download
Statement of Additional Information Download
Download All Download

Downloads

Performance Download
Portfolio Composition Download
Holdings Download
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Commentary & Attribution

Attribution - Monthly Download
Attribution - YTD Download
Download All Download

Investor Information

Risks

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

Disclosures

An investor should consider the fund’s investment objectives, risks, charges and expenses before investing. This and other important information can be found in the fund’s prospectus. Read the prospectus carefully before investing. Please see prospectus above.

The GMO Trust funds are distributed in the United States by Funds Distributor LLC. GMO and Funds Distributor LLC are not affiliated.