About GMAZX
The GMO International Opportunistic Value Fund is a mutual fund focused on generating total return by investing primarily in equities from developed markets outside of the United States. Managed by GMO’s experienced Asset Allocation and Systematic Equity teams, the fund seeks to take advantage of valuation dislocations in international markets, especially targeting the “deep value” segment—the cheapest 20% of stocks—identified through proprietary models rather than relying solely on traditional financial metrics or index definitions.
This actively managed fund allocates assets across a broad spectrum of sectors, with notable concentrations in industries such as healthcare, energy, financial services, and basic materials. The fund’s portfolio includes large, well-established global companies like Roche Holding AG, TotalEnergies SE, and HSBC Holdings PLC, reflecting its emphasis on value opportunities within mature markets. The fund is benchmarked against the MSCI World ex-U.S.A. Value Index, underscoring its focus on developed international markets.
By concentrating on undervalued equities globally, the GMO International Opportunistic Value Fund plays a significant role for investors seeking diversification outside U.S. borders and exposure to potential value-driven returns in international equities.
Fund Family GMO
Category Foreign Large Value
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol GMAZX
Share Class Class IV
Index MSCI World ex USA NR USD
GMAZX had a total return of 31.92% in the past year, including dividends. Since the fund's
inception, the average annual return has been 23.84%.
