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  5. GMO Global Equity Trust - Managed fund profile

GMO Global Equity Trust - Managed Fund (Closed)

Fund Objective
The Trust seeks to deliver high total return by investing the Trust's portfolio primarily in stocks that GMO believes will provide a higher return than the Morgan Stanley Capital International (MSCI) World Index (ex Australia) ("Benchmark").
Fund Strategy
In selecting stocks for the Trust, GMO may use a combination of investment methods to identify stocks that GMO believes have positive return potential relative to other stocks in the Trust's investment universe. Under normal circumstances, the Trust invests directly and indirectly (e.g., through underlying funds or derivatives) at least 80% of its assets in stocks tied economically to developed markets.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.6% 1.03% 8.71% 12.84% 2.21% 8.71% 14.57% 3.64%
Growth return 1.97% 0.42% 7.55% 9.77% -0.43% 5.73% 11.41% 0.88%
Income return 0.63% 0.61% 1.16% 3.07% 2.64% 2.98% 3.16% 2.76%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.92% 2.14% 10.2% 29.31% 20.19% 11.39% 13.27% 13.18%
As at 31 Mar 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

GMO Global Equity Trust
International Equities
98.10%
Cash
1.90%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.20%
Cash
2.45%
Australian Equities
2.64%
Property
1.51%
Fixed Interest
0.12%
Alternatives
0.09%

General Information

Fund Details
Type Description
GMO Global Equity Trust (Wholesale)
Closed
GMO Australia Limited
GMO0103AU
Equity World Large Value
starstarstar (as at 30 Apr 2017)
Investment Fund
30 Jun 1996
$23 million (as at 31 Mar 2017)
$1.3764 (as at 28 Apr 2017)
$1.3695 (as at 28 Apr 2017)
Finalised
Offer information
Type Description
MER 0.66% (as at 3 Jul 2008)
Indirect Cost Ratio (ICR) - Estimated 0.66% (as at 30 Jun 2016) (Estimated)
Minimum initial investment $500,000
Minimum additional investments $250,000
Minimum redemption amount $250,000

Top 10 holdings (as at 31 Mar 2012)

Holding (as at 31 Mar 2012) Type % of Portfolio
Johnson & Johnson Equity 2.96%
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FAQs about the GMO Global Equity Trust

The objective of the GMO Global Equity Trust managed fund is The Trust seeks to deliver high total return by investing the Trust's portfolio primarily in stocks that GMO believes will provide a higher return than the Morgan Stanley Capital International (MSCI) World Index (ex Australia) ("Benchmark").

The strategy of the GMO Global Equity Trust managed fund is In selecting stocks for the Trust, GMO may use a combination of investment methods to identify stocks that GMO believes have positive return potential relative to other stocks in the Trust's investment universe. Under normal circumstances, the Trust invests directly and indirectly (e.g., through underlying funds or derivatives) at least 80% of its assets in stocks tied economically to developed markets.

The APIR code of the GMO Global Equity Trust managed fund is GMO0103AU.

GMO Global Equity Trust’s total return last month was 2.6%. This was made up of a growth return of 1.97% and an income return of 0.63%. These returns were calculated as at 31 Mar 2017.

GMO Global Equity Trust’s total return for the last three months was 1.03%. This was made up of a growth return of 0.42% and an income return of 0.61%%. These returns were calculated as at 31 Mar 2017.

GMO Global Equity Trust’s one-year total return is 12.84%. This was made up of a growth return of 9.77% and an income return of 3.07%. These returns were calculated as at 31 Mar 2017.

GMO Global Equity Trust’s one-year total return is 8.71%. This was made up of a growth return of 5.73% and an income return of 2.98%. These returns were calculated as at 31 Mar 2017.

The asset allocation of the GMO Global Equity Trust managed fund is :

International Equities
98.10%
Cash
1.90%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the GMO Global Equity Trust managed fund is GMO Australia Limited.

The GMO Global Equity Trust managed fund belongs to the Equity World Large Value sector/asset class.

As at 31 Mar 2017, the size of the GMO Global Equity Trust managed fund was $23 million.

The GMO Global Equity Trust managed fund has an inception date of 30 Jun 1996.

The current entry price of the GMO Global Equity Trust managed fund is $1.3764 per unit and the current exit price is $1.3695 per unit (as at 28 Apr 2017).

The current exit price of the GMO Global Equity Trust managed fund is $1.3695 per unit and the current entry price is $1.3764 per unit (as at 28 Apr 2017).

The minimum initial investment amount for the GMO Global Equity Trust managed fund is $500,000. Minimum additional investment is $250000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.