About GBMSX
The GMO Benchmark-Free Allocation Fund Class R6 is a multi-asset mutual fund managed by Grantham, Mayo, Van Otterloo & Co. LLC. Its primary objective is to deliver positive total returns by dynamically allocating investments across various asset classes without being constrained by traditional market benchmarks. The fund targets annualized returns of 5% above the Consumer Price Index (net of fees) over a full market cycle, with a targeted annualized volatility of 5–10%.
This fund employs a flexible asset allocation strategy that leverages GMO’s proprietary 7-Year Asset Class Forecasts to identify and invest in what are believed to be the most attractively valued asset classes at any given time. The fund invests primarily through other GMO funds, including those focused on global equities, fixed income, emerging market debt, high yield, and alternative strategies, giving it broad diversification across sectors, geographies, and asset types.
The fund is managed by an experienced team and is structured for institutional investors seeking an unconstrained, value-driven approach to asset allocation. Its benchmark-free strategy allows substantial tactical shifts in exposure to capitalize on evolving market opportunities, making it a notable option for diversified, opportunistic portfolios.
Fund Family GMO
Category Alt Global Macro
Performance Rating Above Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol GBMSX
Share Class Class R6
Index Consumer Price Index for All Urban Consumers
GBMSX had a total return of 26.04% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.29%.
