Overview

The GMO Multi-Asset Trust seeks to achieve a total return greater than that of its benchmark of 25% MSCI All Country World ex Australia Index Unhedged, 25% MSCI All Country World ex Australia Index Hedged, and 50% Bloomberg Global Aggregate Index Hedged, over a complete market cycle by allocating dynamically across asset classes.

The philosophy that underlies all of GMO’s Asset Allocation investment strategies is the belief that, at times and in the short term, the pricing of asset classes can deviate from true intrinsic value, but mean reverts to appropriate valuation levels over the long term. GMO’s proprietary 7-Year Asset Class Forecasts form the foundation of our investment process, providing a framework to assess the return opportunity embedded in different asset classes. We use that insight to allocate to what we believe are the most attractively priced asset classes. We also seek to add value through security selection within both traditional and alternative asset classes.

Facts

Doc Table
Fund Inception Date October 14, 2022
Fund Total Assets as of 31/01/2024 $638mm AUD

Performance

Quarter-End as of December 31, 2023(AUD, %)

Table Caption
QTD YTD 1-Year ITD
Multi-Asset Trust 4.19 11.48 11.48 12.89
Multi-Asset Trust Blended Index 6.15 12.90 12.90 13.28
  • Multi-Asset Trust 1
  • Multi-Asset Trust Blended Index

Inception Date: October 14, 2022

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

Net returns are presented after the deduction of management fees and incentive fees if applicable. These returns include transaction costs, commissions and withholding taxes on foreign income and capital gains and include the reinvestment of dividends and other income, as applicable.

1 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. The portfolio is not managed relative to a benchmark. References to an index are for informational purposes only.

Quarter-End as of December 31, 2023(AUD, %)

Table Caption
QTD YTD 1-Year ITD
Multi-Asset Trust 4.40 12.38 12.38 13.80
Multi-Asset Trust Blended Index 6.15 12.90 12.90 13.28
  • Multi-Asset Trust 1
  • Multi-Asset Trust Blended Index

Inception Date: October 14, 2022

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

Gross returns are presented gross of management fees and incentive fees if applicable. These returns include transaction costs, commissions and withholding taxes on foreign income and capital gains and include the reinvestment of dividends and other income, as applicable.

1 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. The portfolio is not managed relative to a benchmark. References to an index are for informational purposes only.

Month-End as of January 31, 2024(AUD, %)

Table Caption
MTD QTD YTD 1-Year ITD
Multi-Asset Trust 1.12 1.12 1.12 9.25 12.97
Multi-Asset Trust Blended Index 1.11 1.11 1.11 10.43 13.32
  • Multi-Asset Trust 1
  • Multi-Asset Trust Blended Index

Inception Date: October 14, 2022

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

Net returns are presented after the deduction of management fees and incentive fees if applicable. These returns include transaction costs, commissions and withholding taxes on foreign income and capital gains and include the reinvestment of dividends and other income, as applicable.

1 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. The portfolio is not managed relative to a benchmark. References to an index are for informational purposes only.

Month-End as of January 31, 2024(AUD, %)

Table Caption
MTD QTD YTD 1-Year ITD
Multi-Asset Trust 1.19 1.19 1.19 10.13 13.88
Multi-Asset Trust Blended Index 1.11 1.11 1.11 10.43 13.32
  • Multi-Asset Trust 1
  • Multi-Asset Trust Blended Index

Inception Date: October 14, 2022

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

Gross returns are presented gross of management fees and incentive fees if applicable. These returns include transaction costs, commissions and withholding taxes on foreign income and capital gains and include the reinvestment of dividends and other income, as applicable.

1 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. The portfolio is not managed relative to a benchmark. References to an index are for informational purposes only.

Year Ending December 31 (AUD, %)

Calendar
Multi-Asset Trust Multi-Asset Trust Blended Index
2023 11.48 12.90
2022 3.91 3.04
  • Multi-Asset Trust 1
  • Multi-Asset Trust Blended Index

Inception Date: October 14, 2022

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

Net returns are presented after the deduction of management fees and incentive fees if applicable. These returns include transaction costs, commissions and withholding taxes on foreign income and capital gains and include the reinvestment of dividends and other income, as applicable.

1 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. The portfolio is not managed relative to a benchmark. References to an index are for informational purposes only.

Year Ending December 31 (AUD, %)

Calendar
Multi-Asset Trust Multi-Asset Trust Blended Index
2023 12.38 12.90
2022 4.09 3.04
  • Multi-Asset Trust 1
  • Multi-Asset Trust Blended Index

Inception Date: October 14, 2022

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

Gross returns are presented gross of management fees and incentive fees if applicable. These returns include transaction costs, commissions and withholding taxes on foreign income and capital gains and include the reinvestment of dividends and other income, as applicable.

1 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. The portfolio is not managed relative to a benchmark. References to an index are for informational purposes only.

Documents

Literature

GMO Trust Additional Investment Form Download
GMO Trust Redemption Form Download
Fact Sheet Download
Information Memorandum for Wholesale Investors Download
CRS Self Certification Form for Entities Download
CRS Self Certification Form for Individuals Download
Statement of Additional Information Download
Download All Download

Downloads

Performance Download
Portfolio Composition Download
Holdings - Exploded Download
Download All Download

Commentary & Attribution

Investor Information

Annual Report Download
NAVs and Distributions Download
Target Market Determination Download
Download All Download

Risks

Risks associated with investing in the Fund may include Market Risk - Equities, Commodities Risk, Management and Operational Risk, Focused Investment Risk, and Foreign Investment Risk. For a more complete discussion of these risks and others, please consult the Trusts Product Disclosure Statement.

Disclosures

The GMO Australia Trusts (the "Trusts") are issued by GMO Australia Limited ABN 30 071 502 639, AFS Licence No. 236 656. The Trusts accept investments from wholesale investors only. Retail investors are not able to directly invest in the Trusts but may be able to gain exposure to some of the Trusts by investing with certain investor directed portfolio services, master trusts, wrap accounts or custodians ("Services"). GMO Australia Limited, GMO LLC, and their affiliates, do not guarantee the performance of any Trust or the repayment of an investor's capital.

This information is of a general nature only and is not advice. It does not take into account the objectives, financial situation or needs of any specific investor. The offer to invest in a Trust for wholesale investors is contained in the current Information Memorandum. A Product Disclosure Statement ("PDS") may be available for some of the Trusts and is solely for use by retail investors gaining exposure to a Trust through a Service. The Information Memorandum and PDS (if available) may be accessed from this website. Investors should read the Information Memorandum or PDS, consider their own circumstances, and obtain their own advice before making an investment decision.

Unit holder Communications

From time-to-time GMO will send you:

• Notices in relation to meetings of the members of a GMO Australian trust;

• Statutory reports (including the annual report), (together, “Unit holder Communications”).

GMO will send you Unit holder Communications electronically where you have provided us with an email address, unless you have specifically elected or requested otherwise. We therefore encourage you to provide us with your email address so we can communicate with you electronically when Unit holder Communications become available. Please note, we are required to advise you that you can elect (on a standing basis) to receive some or all of your Unit holder Communications in physical or electronic form or to not receive certain Unit holder Communications such as the annual report. You may also request on an ad hoc basis to receive a particular Unit holder Communication in physical or electronic form.

Please contact GMO Australia’s Client Relations team (sydcst@gmo.com) with any questions or to change your election.