Overview
The GMO International Equity ETF seeks to generate high total return by investing primarily in non-U.S. developed market equities. The Fund measures its performance against the MSCI World ex USA Index for performance comparison purposes.
The Fund’s investment approach is grounded in the Systematic Equity team’s belief that, in the short term, equity markets exhibit exploitable inefficiencies as a result of irrational investor actions, the imperfect flow of information, and the participation of non-economic actors, while in the long term, returns are ultimately driven by economic reality. The Fund aims to take advantage of these inefficiencies by utilizing a multi-factor valuation model in conjunction with other methods, such as momentum and corporate alerts, to identify undervalued equity securities.
Also available as a Mutual Fund.
The Fund offers both mutual fund share classes and an ETF class of shares. The ETF class shares are listed and traded on a national securities exchange and are not individually redeemable, unlike the mutual fund class shares. An investment in the ETF class shares is not an investment in a mutual fund, and an investment in the mutual fund class shares in not an investment in an ETF.
Facts
Prices and Trading
| NAV as of 20/10/2026 | 25.00 |
| Market Price | 25.00 |
| Premium/Discount | 25.00% |
Performance
Fees and Expenses
1 Gross Expense Ratio is equal to the Fund’s Total Annual Operating Expenses set forth in the Fund’s most recent prospectus dated September 29, 2026.
2 Expense Ratio is equal to the Fund’s Total Annual Operating Expenses set forth in the Fund’s most recent prospectus dated June 30, 2026.
3 Expense Ratio reflects the reduction of expenses from fee reimbursements. The fee reimbursements will continue until at least June 30, 2027. Elimination of this reimbursement will result in higher fees and lower performance.
Premium/Discount History
Documents
Literature
| Summary Prospectus | Download | |
| Prospectus | Download | |
| SAI | Download | |
| Download All | Download |
Risks
Risks associated with investing in the Fund may include: (1) Market Risk - Equities: the market price of equities may decline due to factors affecting the issuer, its industries, or the economy and equity markets generally. Declines in stock market prices generally are likely to reduce the net asset value of the Fund's shares; (2) Non-U.S. Investment Risk: The market prices of many non-U.S. securities (particularly of companies tied economically to emerging countries) fluctuate more than those of U.S. securities. Many non-U.S. markets (particularly emerging markets) are less stable, smaller, less liquid, and less regulated than U.S. markets, and the cost of trading in those markets often is higher than it is in U.S. markets; and (3) Management and Operational Risk: The risk that GMO's investment techniques will fail to produce desired results, including annualized returns and annualized volatility. For a more complete discussion of these and other risks, please consult the Fund's Prospectus.
Disclosures
An investor should carefully 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 the prospectus above.
GMO and GMO Trust have received an exemptive order from the Securities and Exchange Commission permitting series of GMO Trust (“Funds”) to offer both a mutual fund share class (“MF Class”) and an exchange-traded share class (“Class ETF”) that operates as an ETF. Under this structure, the Class ETF shares are listed and traded on a national securities exchange and are generally bought and sold at market-determined prices, whereas the MF Class shares are purchased and redeemed at the Fund’s net asset value next determined after receipt of the order Unlike MF Class shares, Class ETF shares are not individually redeemable. Because all of the classes of a multi-class Fund are based on the same portfolio, transactions through one class could generate portfolio transaction costs and tax consequences for shareholders in other classes. In addition, MF Class and Class ETF shareholders of a multi-class Fund will have differing shareholder rights with respect to exchange privileges, how shares are purchased and redeemed, the timing of dividend declarations and payments, and the timing and ability to automatically reinvest dividends. For additional information regarding these differences, please see the applicable prospectus.
An investment in the ETF Class shares is not an investment in a mutual fund and an investment in the MF Class shares is not an investment in an ETF.
The GMO International Equity Fund and Class ETF shares are distributed by Funds Distributor, LLC. GMO and Funds Distributor LLC are not affiliated.