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GMWAX GMO Global Asset Allocation III

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Similarity
?
100%
Annual Fees
?
$56.29
(0.54% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.25% annual return
$29,597.03
Est. savings over 30 yrs
Return
As of 11/30/16
1 YR RETURN 2.70%
3 YR 0.63%
5 YR 4.70%
10 YR 4.09%
Description
The investment seeks total return greater than that of its benchmark, the GMO Global Asset Allocation Index, an internally maintained index computed by GMO, consisting of 65% MSCI ACWI and 35% Barclays U.S. Aggregate Index. Under normal circumstances, GMO intends to invest not more than 85% of the fund's assets in the Equity Funds. It is permitted to invest in any asset class, including, for example, U.S. and non-U.S. equities (including emerging country equities), U.S. and non-U.S. fixed income securities of any credit quality, including below investment grade securities (including emerging country debt securities) and commodities.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

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Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

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