Gmo Alternative is trading at 17.69 as of the 25th of November 2024; that is 0.06 percent increase since the beginning of the trading day. The fund's open price was 17.68. Gmo Alternative has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Gmo Alternative Allocation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of February 2023 and ending today, the 25th of November 2024. Click here to learn more.
The fund invests directly or indirectly in a combination of GMO investment strategies. The fund typically has exposure to many underlying strategies, and at any given time the fund may have significant exposure to a single or a few strategies. The fund gains exposure to commodities and some other asset classes by investing through a wholly-owned subsidiary advised by GMO, which does not receive any management or other fees for its services. More on Gmo Alternative Allocation
Gmo Alternative Allocation [GAAVX] is traded in USA and was established 25th of November 2024. Gmo Alternative is listed under GMO category by Fama And French industry classification. The fund is listed under Multistrategy category and is part of GMO family. This fund currently has accumulated 303.1 M in assets under management (AUM) with minimum initial investment of 750 M. Gmo Alternative Allo is currently producing year-to-date (YTD) return of 0.04% with the current yeild of 0.06%, while the total return for the last 3 years was 2.69%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Gmo Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Gmo Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Gmo Alternative Allocation Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Gmo Alternative Allocation Mutual Fund Constituents
Gmo Alternative financial ratios help investors to determine whether Gmo Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gmo with respect to the benefits of owning Gmo Alternative security.