About GAAKX
GMO Alternative Allocation Fund Class R6 is a diversified mutual fund designed to generate a positive total return through exposure to a broad range of alternative investment strategies. Its primary purpose is to offer investors a way to enhance portfolio diversification and reduce correlation with traditional equity and bond markets. The fund employs a dynamic, multi-strategy approach, allocating assets among various alternative segments such as merger arbitrage, event-driven, equity market neutral, global macro, relative value, and volatility strategies. This structure allows the fund to access multiple risk factors—including carry, momentum, value, and volatility—using both top-down and bottom-up processes for capital allocation and risk management.
The fund features transparency and liquidity, offering daily access to investments and full transparency to holdings and strategy rationales for portfolio managers. With an adjusted expense ratio of 1.00% and a net asset base of around $713 million, the fund targets institutional and large retirement plan investors. GMO Alternative Allocation Fund Class R6 serves as a tool for investors seeking to diversify risk, pursue absolute return objectives, and offset exposure to traditional asset classes in multi-asset portfolios.
Fund Family GMO
Category Multistrategy
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol GAAKX
Share Class Class R6
Index FTSE 3 Months Treasury Bill TR
GAAKX had a total return of 10.08% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.10%.
