GMO Global Equity Allocation Fund (GMGEX)
The investment seeks total return greater than that of its benchmark, the MSCI ACWI Index. Under normal circumstances, the fund invests (including through investment in the underlying funds) at least 80% of its assets in equities. It may invest in securities of companies of any market capitalization. In addition, the fund may lend its portfolio securities. The fund also may invest in U.S. Treasury fund, in money market funds unaffiliated with GMO, and directly in the types of investments typically held by money market funds.
Fund Info
US3620071486
Nov 25, 1996
$5,000,000
Large-Cap
Value
Expense Ratio
GMGEX has an expense ratio of 0.01%, which is considered low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
GMO Global Equity Allocation Fund (GMGEX) returned 8.18% year-to-date (YTD) and 10.57% over the past 12 months. Over the past 10 years, GMGEX returned 7.71% annually, underperforming the S&P 500 benchmark at 10.85%.
GMGEX
8.18%
4.71%
5.71%
10.57%
10.94%
11.90%
7.71%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of GMGEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.77% | -0.03% | -0.96% | 0.55% | 4.71% | 8.18% | |||||||
| 2024 | -0.44% | 3.04% | 3.71% | -2.64% | 4.31% | -1.30% | 3.47% | 1.95% | 1.55% | -3.95% | 2.13% | -2.28% | 9.49% |
| 2023 | 8.07% | -2.92% | 1.55% | 1.28% | -2.26% | 6.07% | 4.37% | -3.10% | -2.32% | -3.35% | 8.15% | 5.85% | 22.27% |
| 2022 | -2.13% | -4.59% | -1.97% | -5.87% | 2.09% | -8.80% | 4.25% | -3.66% | -9.32% | 6.05% | 10.71% | -3.32% | -17.07% |
| 2021 | 0.45% | 4.18% | 4.21% | 2.53% | 3.38% | -1.39% | -0.95% | 1.49% | -3.45% | 2.63% | -3.98% | 5.48% | 14.99% |
| 2020 | -3.21% | -7.13% | -15.67% | 9.54% | 3.86% | 2.95% | 4.50% | 3.47% | -2.31% | -2.05% | 12.47% | 6.04% | 9.55% |
| 2019 | 8.61% | 1.73% | 0.77% | 2.66% | -6.04% | 6.43% | -0.69% | -3.41% | 3.69% | 3.88% | 1.71% | 4.73% | 25.83% |
| 2018 | 6.35% | -4.55% | -1.64% | -0.87% | -0.42% | -2.61% | 3.56% | -0.76% | 0.73% | -7.93% | 1.16% | -6.04% | -13.04% |
| 2017 | 2.78% | 3.12% | 2.01% | 1.76% | 2.57% | 0.70% | 2.39% | 1.20% | 1.42% | 3.27% | 0.98% | 1.47% | 26.39% |
| 2016 | -5.14% | -1.05% | 8.52% | 0.84% | 0.14% | -0.56% | 8.59% | 0.69% | 0.91% | -1.49% | -0.41% | 1.95% | 12.88% |
| 2015 | -0.84% | 6.07% | -2.52% | 4.23% | -1.01% | -2.62% | -0.61% | -7.10% | -3.68% | 6.52% | -1.20% | -2.27% | -5.78% |
| 2014 | -3.74% | 4.78% | 1.17% | 1.78% | 1.54% | 1.42% | -2.77% | 1.42% | -3.88% | -0.34% | 1.35% | -3.25% | -0.93% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GMGEX is 53, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for GMO Global Equity Allocation Fund (GMGEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
GMO Global Equity Allocation Fund provided a 5.08% dividend yield over the last twelve months, with an annual payout of $1.55 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.55 | $1.55 | $1.52 | $1.83 | $2.37 | $1.09 | $0.93 | $0.70 | $0.77 | $2.04 | $2.65 | $3.02 |
Dividend yield | 5.08% | 5.50% | 5.63% | 7.81% | 7.76% | 3.83% | 3.42% | 3.14% | 2.90% | 9.47% | 12.61% | 12.12% |
Monthly Dividends
The table displays the monthly dividend distributions for GMO Global Equity Allocation Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $1.47 | $1.55 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.00 | $0.00 | $1.29 | $1.52 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.85 | $0.00 | $0.00 | $0.00 | $0.00 | $0.98 | $1.83 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $2.33 | $2.37 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $1.05 | $1.09 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.84 | $0.93 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 | $0.70 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.69 | $0.77 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.40 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $2.04 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.86 | $0.00 | $0.00 | $0.00 | $0.00 | $0.79 | $2.65 |
| 2014 | $1.81 | $0.00 | $0.00 | $0.00 | $0.00 | $1.21 | $3.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the GMO Global Equity Allocation Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the GMO Global Equity Allocation Fund was 73.69%, occurring on Sep 7, 1998. Recovery took 81 trading sessions.
The current GMO Global Equity Allocation Fund drawdown is 0.56%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -73.69% | Dec 30, 1997 | 180 | Sep 7, 1998 | 81 | Dec 29, 1998 | 261 |
| -69.89% | Dec 30, 1998 | 14 | Jan 18, 1999 | 78 | May 6, 1999 | 92 |
| -69.49% | Jul 9, 1999 | 42 | Sep 6, 1999 | 82 | Dec 29, 1999 | 124 |
| -69.3% | Oct 9, 1997 | 56 | Dec 25, 1997 | 2 | Dec 29, 1997 | 58 |
| -68.08% | May 17, 1999 | 11 | May 31, 1999 | 16 | Jun 22, 1999 | 27 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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