The GMO U.S. Opportunistic Value Fund (the “Fund”) seeks to generate total return by investing primarily in U.S. equities. The Fund’s benchmark is the S&P Composite 1500 Index.
GMO’s U.S. Opportunistic Value Fund currently seeks to profit from our Asset Allocation Team’s insight that “deep value” stocks are truly dislocated in the U.S. This actively managed Fund avoids the “shallow value” stocks, which are expensive relative to their own history, and focuses solely on the deep value names. With this Fund we focus on the U.S. stocks that GMO’s Systematic Equity team identifies as the most undervalued, recognizing that relying on reported financials and index definitions of value can lead investors to misjudge the opportunity.