Fund Asset Allocation: GMO Benchmark-Free Allocation Fund Is Light On Stocks
GMO’s benchmark-free allocation fund (GBMFX) is an absolute return fund that invests primarily in shares of other GMO funds. As the name suggests, the Fund is not restricted in its exposure to any particular asset class, and may be substantially invested in underlying funds that primarily invest in a single asset class (e.g., Fixed Income Funds). [...]
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