Global Equity Allocation Investment Fund

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Management

Ben Inker

Co-Head of Asset Allocation

Mr. Inker is co-head of GMO’s Asset Allocation team, a member of the GMO Board of Directors and a partner of the firm. He joined GMO in 1992 following the completion of his bachelor's degree in Economics from Yale University. In his years at GMO, Mr. Inker has served as an analyst for the Quantitative Equity and Asset Allocation teams, as a portfolio manager of several equity and asset allocation portfolios, as co-head of International Quantitative Equities, and as CIO of Quantitative Developed Equities. He is a CFA charterholder.

John Thorndike

Co-Head of Asset Allocation

Mr. Thorndike is co-head of GMO’s Asset Allocation team and a partner of the firm. Mr. Thorndike currently oversees asset selection and portfolio construction decisions, as well as team management responsibilities. Prior to joining GMO in 2015, he was a managing director and Deputy CIO at The Investment Fund for Foundations. Previously, he was an analyst with TIFF. Mr. Thorndike earned his bachelor's degree in Physics from Bowdoin College.

Overview

The GMO Global Equity Allocation Investment Fund seeks to generate total return.

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. Using GMO’s 7-Year Asset Class Forecasts, the Fund seeks to allocate to areas of the global equity markets we believe are most attractively valued. Our approach combines the best of GMO’s top-down Asset Allocation views and bottom-up equity research to identify mispricings at both the asset class and individual security levels. The Fund allocates to equity strategies that are actively managed by other GMO investment teams with expertise and experience in security selection within their respective markets.

Facts

Doc Table
Fund Inception Date	February 7, 2002
Fund Total Assets as of 29/02/2024	$90mm USD

USD Class A

Inception Date	October 20, 2014
SEDOL	BRKD2N4
ISIN	IE00BRKD2N47
NAV as of 17/04/2024	40.02

Performance

Table Caption
	QTD	YTD	1-Year	3-Year	5-Year	ITD
Global Equity Allocation Investment Fund	7.52	7.52	24.61	8.06	10.55	8.03
MSCI ACWI	8.14	8.14	23.15	6.94	10.90	9.36

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. The local market in which the Fund is priced was closed for Good Friday on March 29, 2024. Therefore, the performance for the fund and corresponding benchmark will utilize March 28 for purposes of the ending valuation for the March return and the starting valuation for the April return.

Table Caption
	QTD	YTD	1-Year	3-Year	5-Year	ITD
Global Equity Allocation Investment Fund	7.71	7.71	25.51	8.86	11.38	8.83
MSCI ACWI	8.14	8.14	23.15	6.94	10.90	9.36

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. The local market in which the Fund is priced was closed for Good Friday on March 29, 2024. Therefore, the performance for the fund and corresponding benchmark will utilize March 28 for purposes of the ending valuation for the March return and the starting valuation for the April return.

Table Caption
	MTD	QTD	YTD	1-Year	3-Year	5-Year	ITD
Global Equity Allocation Investment Fund	3.83	7.52	7.52	24.61	8.06	10.55	8.03
MSCI ACWI	3.09	8.14	8.14	23.15	6.94	10.90	9.36

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. The local market in which the Fund is priced was closed for Good Friday on March 29, 2024. Therefore, the performance for the fund and corresponding benchmark will utilize March 28 for purposes of the ending valuation for the March return and the starting valuation for the April return.

Table Caption
	MTD	QTD	YTD	1-Year	3-Year	5-Year	ITD
Global Equity Allocation Investment Fund	3.89	7.71	7.71	25.51	8.86	11.38	8.83
MSCI ACWI	3.09	8.14	8.14	23.15	6.94	10.90	9.36

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. The local market in which the Fund is priced was closed for Good Friday on March 29, 2024. Therefore, the performance for the fund and corresponding benchmark will utilize March 28 for purposes of the ending valuation for the March return and the starting valuation for the April return.

Calendar
	Global Equity Allocation Investment Fund	MSCI ACWI
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
2015	-4.49	-2.36
2014	1.97	4.61

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. The local market in which the Fund is priced was closed for Good Friday on March 29, 2024. Therefore, the performance for the fund and corresponding benchmark will utilize March 28 for purposes of the ending valuation for the March return and the starting valuation for the April return.

Calendar
	Global Equity Allocation Investment Fund	MSCI ACWI
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
2015	-3.83	-2.36
2014	2.11	4.61

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. The local market in which the Fund is priced was closed for Good Friday on March 29, 2024. Therefore, the performance for the fund and corresponding benchmark will utilize March 28 for purposes of the ending valuation for the March return and the starting valuation for the April return.

Documents

Literature

Fact Sheet		Download
Memorandum of Association of GMO Funds Plc		Download
Prospectus		Download
Prospectus Supplements		Download
KIIDs - EUR		Download
KIIDs - GBP		Download
KIIDs - USD		Download
PRIIP - AUD		Download
PRIIP - CHF		Download
PRIIP - EUR		Download
PRIIP - GBP		Download
PRIIP - USD		Download
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Downloads

Performance		Download
Portfolio Composition		Download
Holdings		Download
Industry Exposure		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

Annual Report		Download
Semiannual Report		Download
NAVs and Distributions		Download
Fair Value Hierarchy - As of 30/09/23		Download
Fair Value Hierarchy - As of 31/03/23		Download
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Document Library

Risks

Risks associated with investing in the Fund may include Market Risk - Equities, Management and Operational Risk, Non-U.S. Investment Risk, Derivatives and Short Sales Risk, and Small Company Risk. For a more complete discussion of these risks and others, 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.