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  5. GMO Global Growth Trust - Managed fund profile

GMO Global Growth Trust - Managed Fund (Closed)

Fund Objective
The GMO Global Growth Trust aims to outperform the S&P/Citigroup PMI World Growth Index by 2.5-3% per annum over a rolling five year period, before taking into account Trust fees and expenses.
Fund Strategy
Quantitative momentum (price & earnings) combined with intrinsic value techniques are used to determine the selection of growth securities in the Global Growth Fund. Portfolio diversification is achieved via bottom-up stock selection that tilts the portfolio towards those countries where growth prospects are highest or are most undervalued. The Manager also considers top-down factors that can influence the growth potential of countries such as currency valuation. The portfolio will usually be comprised of around 300 securities.

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 -2.71% -10.76% -19.56% -20.38% -15.7% -11.07% -% -%
Growth return -2.71% -10.76% -19.56% -20.38% -17.7% -21.17% -% -%
Income return 0% 0% 0% 0% 2% 10.1% -% -%
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 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

GMO Global Growth Trust
Australian Equities
0.60%
International Equities
98.20%
Cash
1.20%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
2.64%
International Equities
93.20%
Cash
2.45%
Property
1.51%
Fixed Interest
0.12%
Alternatives
0.09%

General Information

Fund Details
Type Description
GMO Global Growth Trust (Wholesale)
Closed
GMO Australia Limited
GMO0002AU
Equity World Large Blend
starstarstarstar (as at 31 Mar 2009)
Investment Fund
20 Jul 2004
$0.07 million (as at 31 Mar 2009)
$0.6221 (as at 2 Apr 2009)
$0.6189 (as at 2 Apr 2009)
Finalised
Offer information
Type Description
MER 0.65% (as at 3 Jul 2008)
Indirect Cost Ratio (ICR) 0.65% (as at 3 Jul 2008)
Minimum initial investment $500,000

Top 10 holdings (as at 28 Feb 2009)

Holding (as at 28 Feb 2009) Type % of Portfolio
Johnson & Johnson Equity 4.37%
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FAQs about the GMO Global Growth Trust

The objective of the GMO Global Growth Trust managed fund is The GMO Global Growth Trust aims to outperform the S&P/Citigroup PMI World Growth Index by 2.5-3% per annum over a rolling five year period, before taking into account Trust fees and expenses.

The strategy of the GMO Global Growth Trust managed fund is Quantitative momentum (price & earnings) combined with intrinsic value techniques are used to determine the selection of growth securities in the Global Growth Fund. Portfolio diversification is achieved via bottom-up stock selection that tilts the portfolio towards those countries where growth prospects are highest or are most undervalued. The Manager also considers top-down factors that can influence the growth potential of countries such as currency valuation. The portfolio will usually be comprised of around 300 securities.

The APIR code of the GMO Global Growth Trust managed fund is GMO0002AU.

GMO Global Growth Trust’s total return last month was -2.71%. This was made up of a growth return of -2.71% and an income return of 0%. These returns were calculated as at 31 Mar 2009.

GMO Global Growth Trust’s total return for the last three months was -10.76%. This was made up of a growth return of -10.76% and an income return of 0%%. These returns were calculated as at 31 Mar 2009.

GMO Global Growth Trust’s one-year total return is -20.38%. This was made up of a growth return of -20.38% and an income return of 0%. These returns were calculated as at 31 Mar 2009.

GMO Global Growth Trust’s one-year total return is -11.07%. This was made up of a growth return of -21.17% and an income return of 10.1%. These returns were calculated as at 31 Mar 2009.

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

Australian Equities
0.60%
International Equities
98.20%
Cash
1.20%
Property
0%
Fixed Interest
0%
Alternatives
0%

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

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

As at 31 Mar 2009, the size of the GMO Global Growth Trust managed fund was $0.07 million.

The GMO Global Growth Trust managed fund has an inception date of 20 Jul 2004.

The current entry price of the GMO Global Growth Trust managed fund is $0.6221 per unit and the current exit price is $0.6189 per unit (as at 2 Apr 2009).

The current exit price of the GMO Global Growth Trust managed fund is $0.6189 per unit and the current entry price is $0.6221 per unit (as at 2 Apr 2009).

The minimum initial investment amount for the GMO Global Growth Trust managed fund is $500,000.

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.