GMO U.S. Quality ETF (QLTY) Surpasses $1 Billion in Assets Under Management

First ETF from Boston-based investment firm founded by Jeremy Grantham hits milestone less than one year since November 2023 inception.

BOSTON — GMO, a global investment manager, today announced that the GMO U.S. Quality ETF (NYSE: QLTY), has surpassed $1 billion in assets under management since launching in November 2023.

“Reaching $1 billion less than one year after the launch of QLTY illustrates that clients are seeking quality amid rising uncertainties and questions about valuation in some parts of the market. GMO is committed to offering innovative investment solutions in the structures that best address their needs,” said Scott Hayward, Chief Executive Officer of GMO.

“We are grateful that QLTY ETF has been so well-received by existing clients and those new to GMO, which we believe is indicative of the clear differentiation between our fundamental approach to investing in high-quality equities and passive strategies,” said Tom Hancock, Head of GMO Focused Equity and Portfolio Manager of QLTY.

GMO began researching quality investing in the 1980s led by Jeremy Grantham, Co-Founder and Long-Term Investment Strategist at GMO. QLTY leverages GMO’s more than 40 years of quality investing experience to invest in U.S. high-quality stocks, while offering the additional benefits of the ETF structure, including tax efficiency, daily transparency, and continuous liquidity. 

GMO’s expansion into ETFs offers a structure that aligns with investors seeking tax-advantaged and operationally efficient access to long-running GMO strategies, which the firm will continue to deliver with the same focus and conviction over the long term. Following the success of QLTY, GMO is exploring the opportunity to launch additional ETFs and will share additional details when available. 


About GMO 

Global investment manager GMO, established in 1977, brings together focused expertise within its investment teams, industry-leading research, and client solutions and service to advance clients’ goals. Privately owned and renowned for conviction in a valuation-based, long-term investment philosophy, GMO serves sophisticated institutions, financial intermediaries, and families, and managed $66 billion as of June 30, 2024. The firm is headquartered in Boston, with offices in London, Sydney, Amsterdam, San Francisco (research hub), Singapore, and Tokyo (representative office).

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