Overview

The GMO Multi-Asset Credit Fund seeks total return and capital appreciation aiming to maximize alpha potential by harvesting what we identify as the most attractively priced credit risk premia through a dynamic allocation process across the credit spectrum. Our team utilizes a robust research framework that combines top-down and bottom-up analysis along with fundamental and quantitative techniques across various fixed income markets, including Emerging Country Debt, Structured Products, High Yield, Investment Grade, Loans, and Mortgages. Our investment process places a strong emphasis on relative value analysis, allowing us to employ a benchmark agnostic investment style that we believe sets us apart. We have the agility to capitalize on fleeting relative value opportunities across fixed income markets, ensuring we stay ahead of market dynamics. Our Fund attempts to maintain a balanced approach between risk and return by focusing on capital preservation during market downturns while looking to avoid premium priced securities in overvalued markets.

Facts

Doc Table
Fund Inception Date May 21, 2025
CUSIP 36256V288
Benchmark GMO Multi-Asset Credit Blended Benchmark
Fund Total Assets as of 31/05/2025 $10mm USD

Share Class IV

Inception Date May 21, 2025
Ticker Symbol GMCHX
CUSIP 36256V288
NAV as of 27/06/2025 20.40
Net Expense Ratio 1 0.50
Gross Expense Ratio 2 0.91
Minimum Investment Size $125mm in Fund / $250mm in GMO

1 Net Expense Ratio reflects the reduction of expenses from fee reimbursements. The fee reimbursements will continue until at least June 30, 2025. Elimination of this reimbursement will result in higher fees and lower performance.

2 Gross Expense Ratio is equal to the Funds Total Annual Operating Expenses set forth in the Funds most recent prospectus dated June 30, 2024.

Performance

Month-End as of May 31, 2025(USD, %)

Table Caption
MTD QTD YTD ITD
Multi-Asset Credit Fund 0.65 0.65 0.65 0.65
GMO Multi-Asset Credit Blended Benchmark 0.93 0.93 0.93 0.93
  • Multi-Asset Credit Fund
  • GMO Multi-Asset Credit Blended Benchmark

Inception Date: May 21, 2025

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.

Month-End as of May 31, 2025(USD, %)

Table Caption
MTD QTD YTD ITD
Multi-Asset Credit Fund 0.66 0.66 0.66 0.66
GMO Multi-Asset Credit Blended Benchmark 0.93 0.93 0.93 0.93
  • Multi-Asset Credit Fund
  • GMO Multi-Asset Credit Blended Benchmark

Inception Date: May 21, 2025

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.

Documents

Literature

Prospectus Download
Summary Prospectus Download
Statement of Additional Information Download
Download All Download

Downloads

Performance Download
Portfolio Composition Download
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Investor Information

Risks

Risks associated with investing in the Fund may include: (1) Credit Risk: the risk that the issuer or guarantor of a fixed income investment or the obligor of an obligation underlying an asset-backed security will be unable or unwilling to satisfy its obligation to pay principal and interest or otherwise to honor its obligations in a timely manner; (2) Market Risk-Asset-Backed Securities Risk: the market price of asset-backed securities, like that of other fixed income investments with complex structures, can decline for a variety of reasons, including investor uncertainty about their credit quality and the reliability of their payment streams. Payment streams associated with asset-backed securities held by the Fund depend on many factors (e.g., the cash flow generated by the assets backing the securities, deal structure, and creditworthiness of any credit-support provider), and a problem in any of these factors can lead to a reduction in the payment stream GMO expected the Fund to receive when the Fund purchased the asset-backed security; and (3) Illiquidity Risk: low trading volume, lack of a market maker, large position size, or legal restrictions may limit or prevent the Fund from selling particular securities or closing derivative positions at desirable prices. For a more complete discussion of these and other risks, please consult the Fund's Prospectus.

Disclosures

An investor should 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 prospectus above.

The GMO Trust funds are distributed in the United States by Funds Distributor LLC. GMO and Funds Distributor LLC are not affiliated.