Disclaimer: The P/FV ratio is the P/FV of the most expensive quintile of the ACWI index divided by the P/FV of the cheapest quintile of the ACWI index, with P/FV calculated relative to country and weighted by the square root of market cap. As of 2/28/21, the ratio of the P/FV of the short side of the Equity Dislocation Strategy over the long side of the Equity Dislocation Strategy was 8.2. Averages are calculated using harmonic means.
The views expressed are the views of the GMO Asset Allocation team through the period ending April 2021 and are subject to change at any time based on market and other conditions. This is not an offer or solicitation for the purchase or sale of any security and should not be construed as such. References to specific securities and issuers are for illustrative purposes only and are not intended to be, and should not be interpreted as, recommendations to purchase or sell such securities.
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