Emerging Markets Fund
Mutual Fund | Equities
Overview
The GMO Emerging Markets Fund seeks total return in excess of that of its benchmark, the MSCI Emerging Markets Index. GMO uses proprietary quantitative techniques and fundamental analysis to evaluate and select countries, sectors, and equity investments based on factors including, but not limited to, valuation, quality, patterns of price movement and volatility, and macroeconomic factors. GMO also may consider ESG (environmental, social, and governance) criteria and expects the Fund will have a value bias relative to its benchmark.
Facts
| Fund Inception Date | December 9, 1993 |
| CUSIP | 362007601 |
| Benchmark | MSCI Emerging Markets |
| Fund Total Assets as of 2/28/2025 | $371mm USD |
Share Class VI
| Inception Date | June 30, 2003 |
| Ticker Symbol | GEMMX |
| CUSIP | 362008278 |
| NAV as of 4/1/2025 | 23.78 |
| Net Expense Ratio 1 | 0.79 |
| Gross Expense Ratio 2 | 0.90 |
| Minimum Investment Size | $300mm in Fund / $750mm in GMO |
1 Net Expense Ratio reflects the reduction of expenses from fee reimbursements. The fee reimbursements will continue until at least June 30, 2025. Elimination of this reimbursement will result in higher fees and lower performance.
2 Gross Expense Ratio is equal to the Funds Total Annual Operating Expenses set forth in the Funds most recent prospectus dated June 30, 2024.
Performance
Quarter-End as of December 31, 2024(USD, %) | Emerging Markets Fund-VI
| 1-Year | 3-Year | 5-Year | 10-Year | ITD | |
|---|---|---|---|---|---|
| Emerging Markets Fund | 3.45 | -5.83 | -2.06 | 2.21 | 7.18 |
| MSCI Emerging Markets | 7.50 | -1.92 | 1.70 | 3.64 | 8.18 |
| MSCI Emerging Markets + | 7.50 | -1.92 | 1.70 | 3.99 | 8.88 |
Inception Date: June 30, 2003
Returns shown for periods greater than one year are on an annualized basis.
If certain expenses were not reimbursed, performance would be lower. Transaction costs, if any, are paid to the fund to offset the cost of portfolio transactions to invest or raise cash.
Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.
Quarter-End as of December 31, 2024(USD, %) | Emerging Markets Fund-VI
| QTD | YTD | 1-Year | 3-Year | 5-Year | 10-Year | ITD | |
|---|---|---|---|---|---|---|---|
| Emerging Markets Fund | -7.33 | 3.45 | 3.45 | -5.83 | -2.06 | 2.21 | 7.18 |
| MSCI Emerging Markets | -8.01 | 7.50 | 7.50 | -1.92 | 1.70 | 3.64 | 8.18 |
| MSCI Emerging Markets + | -8.01 | 7.50 | 7.50 | -1.92 | 1.70 | 3.99 | 8.88 |
Inception Date: June 30, 2003
Returns shown for periods greater than one year are on an annualized basis.
Net of all fees and expenses after reimbursement by the Manager, but not transaction costs, if any. If certain expenses were not reimbursed, performance would be lower.
Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.
Quarter-End as of December 31, 2024(USD, %) | Emerging Markets Fund-VI
| QTD | YTD | 1-Year | 3-Year | 5-Year | 10-Year | ITD | |
|---|---|---|---|---|---|---|---|
| Emerging Markets Fund | -7.12 | 4.34 | 4.34 | -5.07 | -1.29 | 3.03 | 8.13 |
| MSCI Emerging Markets | -8.01 | 7.50 | 7.50 | -1.92 | 1.70 | 3.64 | 8.18 |
| MSCI Emerging Markets + | -8.01 | 7.50 | 7.50 | -1.92 | 1.70 | 3.99 | 8.88 |
Inception Date: June 30, 2003
Returns shown for periods greater than one year are on an annualized basis.
Gross of fees, expenses and transaction costs, if any. If these fees, expenses and costs were included, performance would be lower.
Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.
Month-End as of February 28, 2025(USD, %) | Emerging Markets Fund-VI
| MTD | QTD | YTD | 1-Year | 3-Year | 5-Year | 10-Year | ITD | |
|---|---|---|---|---|---|---|---|---|
| Emerging Markets Fund | -0.73 | 0.88 | 0.88 | 3.07 | -1.23 | 0.33 | 1.95 | 7.17 |
| MSCI Emerging Markets | 0.48 | 2.28 | 2.28 | 10.07 | 0.46 | 4.26 | 3.49 | 8.22 |
| MSCI Emerging Markets + | 0.48 | 2.28 | 2.28 | 10.07 | 0.46 | 4.26 | 3.89 | 8.92 |
Inception Date: June 30, 2003
Returns shown for periods greater than one year are on an annualized basis.
Net of all fees and expenses after reimbursement by the Manager, but not transaction costs, if any. If certain expenses were not reimbursed, performance would be lower.
Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.
Month-End as of February 28, 2025(USD, %) | Emerging Markets Fund-VI
| MTD | QTD | YTD | 1-Year | 3-Year | 5-Year | 10-Year | ITD | |
|---|---|---|---|---|---|---|---|---|
| Emerging Markets Fund | -0.68 | 1.00 | 1.00 | 3.94 | -0.44 | 1.12 | 2.76 | 8.11 |
| MSCI Emerging Markets | 0.48 | 2.28 | 2.28 | 10.07 | 0.46 | 4.26 | 3.49 | 8.22 |
| MSCI Emerging Markets + | 0.48 | 2.28 | 2.28 | 10.07 | 0.46 | 4.26 | 3.89 | 8.92 |
Inception Date: June 30, 2003
Returns shown for periods greater than one year are on an annualized basis.
Gross of fees, expenses and transaction costs, if any. If these fees, expenses and costs were included, performance would be lower.
Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.
Year Ending December 31 (USD, %) | Emerging Markets Fund-VI
| Emerging Markets Fund | MSCI Emerging Markets | MSCI Emerging Markets + | |
|---|---|---|---|
| 2024 | 3.45 | 7.50 | 7.50 |
| 2023 | 17.84 | 9.83 | 9.83 |
| 2022 | -31.50 | -20.09 | -20.09 |
| 2021 | 2.16 | -2.54 | -2.54 |
| 2020 | 5.65 | 18.31 | 18.31 |
| 2019 | 22.32 | 18.44 | 18.44 |
| 2018 | -12.73 | -14.58 | -14.22 |
| 2017 | 32.22 | 37.28 | 37.89 |
| 2016 | 16.57 | 11.19 | 10.79 |
| 2015 | -16.09 | -14.92 | -12.38 |
Inception Date: June 30, 2003
Returns shown for periods greater than one year are on an annualized basis.
Net of all fees and expenses after reimbursement by the Manager, but not transaction costs, if any. If certain expenses were not reimbursed, performance would be lower.
Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.
Year Ending December 31 (USD, %) | Emerging Markets Fund-VI
| Emerging Markets Fund | MSCI Emerging Markets | MSCI Emerging Markets + | |
|---|---|---|---|
| 2024 | 4.34 | 7.50 | 7.50 |
| 2023 | 18.75 | 9.83 | 9.83 |
| 2022 | -30.96 | -20.09 | -20.09 |
| 2021 | 2.92 | -2.54 | -2.54 |
| 2020 | 6.43 | 18.31 | 18.31 |
| 2019 | 23.23 | 18.44 | 18.44 |
| 2018 | -12.07 | -14.58 | -14.22 |
| 2017 | 33.24 | 37.28 | 37.89 |
| 2016 | 17.63 | 11.19 | 10.79 |
| 2015 | -15.31 | -14.92 | -12.38 |
Inception Date: June 30, 2003
Returns shown for periods greater than one year are on an annualized basis.
Gross of fees, expenses and transaction costs, if any. If these fees, expenses and costs were included, performance would be lower.
Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the performance data provided herein.
Documents
Literature
| Prospectus | Download | |
| Summary Prospectus | Download | |
| Statement of Additional Information | Download | |
| Download All | Download |
Downloads
Commentary & Attribution
Risks
Risks associated with investing in the Fund may include: (1) Market Risk - Equities: the market price of equities may decline due to factors affecting the issuer, its industries, or the economy and equity markets generally. Declines in stock market prices generally are likely to reduce the net asset value of the Fund's shares; (2) Non-U.S. Investment Risk: the market prices of many non-U.S. securities (particularly of companies tied economically to emerging countries) fluctuate more than those of U.S. securities. Many non-U.S. markets (particularly emerging markets) are less stable, smaller, less liquid, and less regulated than U.S. markets, and the cost of trading in those markets often is higher than it is in U.S. markets; and (3) Currency Risk: Fluctuations in exchange rates can adversely affect the market value of the Fund's non-U.S. currency holdings and investments denominated in non-U.S. currencies. For a more complete discussion of these and other risks, please consult the Fund's Prospectus.
Disclosures
An investor should consider the fund’s investment objectives, risks, charges and expenses before investing. This and other important information can be found in the fund’s prospectus. Read the prospectus carefully before investing. Please see prospectus above.
The GMO Trust funds are distributed in the United States by Funds Distributor LLC. GMO and Funds Distributor LLC are not affiliated.