GMO Launches ETF Share Class of GMO International Equity Fund: GMIE
A strategic partner’s conversion will provide over $200M in launch assets within the fund’s existing portfolio.
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GMO among the first to offer ETF and mutual fund share classes of the same active portfolio
The International Equity Fund seeks high total return by investing primarily in non-
“ETFs are the preferred vehicle for a growing number of investors, and we are pleased to offer GMIE to meet those investors where they are, without changing anything about how we manage the portfolio,” said George Sakoulis, Portfolio Manager of GMIE and Head of Investment Teams and Head of Systematic Equity at GMO.
“We believe international equities remain a compelling opportunity, with many companies trading at attractive prices relative to their fundamentals. A disciplined, systematic process is well suited to finding these mispricings,” said Warren Chiang, Portfolio Manager of GMIE and GMO’s Systematic Equity team.
GMO has completed registration for ETF share classes across several GMO Trust funds. GMIE is the first to launch, and others may follow, subject to Board approval. Unlike a standalone ETF, an ETF share class invests in the same underlying portfolio as the fund's mutual fund share classes, allowing investors to choose the vehicle that best fits their needs while accessing the same strategy. GMIE can be bought and sold throughout the trading day through a brokerage account or financial advisor, and it has no investment minimum. Adding the ETF share class does not change how the portfolio is managed or how existing mutual fund shareholders access it.
Alongside GMIE, GMO's nearly
More information about GMO's ETFs is available at GMO.com/ETFs.
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
International Equity Fund Annualized Performance as of September 30, 2026 (USD, %) |
|||||
1-Year |
3-Year |
5-Year |
10-Year |
ITD |
|
International Equity Fund Share Class III |
32.04 |
28.79 |
16.78 |
12.24 |
8.49 |
MSCI World ex |
15.89 |
18.89 |
9.66 |
9.27 |
6.10 |
MSCI World ex |
24.33 |
23.70 |
14.72 |
10.40 |
7.41 |
Inception Date: March 31, 1987
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. The portfolio is actively-managed, is not managed relative to a benchmark and uses the Index for performance comparison purposes only and, where applicable, to compute a performance fee. Returns include a substantial, one-time litigation settlement recovery received on December 16, 2024. This event contributed
An investor should carefully 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. To obtain a prospectus please visit www.gmo.com. Read the prospectus carefully before investing.
GMO and GMO Trust have received an exemptive order from the Securities and Exchange Commission permitting series of GMO Trust (“Funds”) to offer both a mutual fund share class (“MF Class”) and an exchange-traded share class (“Class ETF”) that operates as an ETF. Under this structure, the Class ETF shares are listed and traded on a national securities exchange and are generally bought and sold at market-determined prices, whereas the MF Class shares are purchased and redeemed at the Fund’s net asset value next determined after receipt of the order Unlike MF Class shares, Class ETF shares are not individually redeemable. Because all of the classes of a multi-class Fund are based on the same portfolio, transactions through one class could generate portfolio transaction costs and tax consequences for shareholders in other classes. In addition, MF Class and Class ETF shareholders of a multi-class Fund will have differing shareholder rights with respect to exchange privileges, how shares are purchased and redeemed, the timing of dividend declarations and payments, and the timing and ability to automatically reinvest dividends. For additional information regarding these differences, please see the applicable prospectus.
An investment in the ETF Class shares is not an investment in a mutual fund and an investment in the MF Class shares is not an investment in an ETF.
The GMO International Equity Fund and Class ETF shares are distributed by Funds Distributor, LLC. GMO and Funds Distributor LLC are not affiliated.
The GMO ETFs are distributed in
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Media Contact:
Steve Schaefer
Hewes
212-207-9456
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Source: GMO