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GMO Quality Trust - Managed Fund

Fund Objective
The Trust seeks total return in excess of the MSCI World Index ('Benchmark'). GMO Australia seeks to achieve the Trust's investment objective by investing the Trust's assets primarily in equities of companies that GMO Australia believes to be of high quality.
Fund Strategy
The Trust typically invests directly and indirectly (e.g., through derivatives) in equities of companies that GMO Australia believes to be of high quality. GMO Australia believes a high quality company generally to be a company that has an established business that will deliver a high level of return on past investments and that will utilise cash flows in the future by making investments with the potential for a high return on capital or by returning cash to shareholders through dividends, share buybacks, or other mechanisms.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.48% 15.89% 22.54% 35.65% 22.54% 18.75% -% -%
Growth return 2.48% 15.89% 22.54% 34.14% 18.94% 16.04% -% -%
Income return 0% 0% 0% 1.51% 3.6% 2.71% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.02% 14.06% 20.11% 28.72% 15.87% 14.43% -% 13.43%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

GMO Quality Trust
International Equities
96.60%
Cash
3.40%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
92.27%
Cash
3.60%
Australian Equities
2.34%
Property
1.76%
Fixed Interest
-0.04%
Alternatives
0.06%

General Information

Fund Details
Type Description
GMO Quality Trust
GMO Australia Limited
GMO1447AU
Equity World Large Blend
starstarstarstarstar (as at 31 Mar 2024)
Investment Fund
23 Sep 2020
$207.16 million (as at 29 Feb 2024)
$1.7425 (as at 23 Apr 2024)
$1.7407 (as at 23 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.60% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500,000
Minimum additional investments $250,000

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
Microsoft Corp Equity 6.53%
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FAQs about the GMO Quality Trust

The objective of the GMO Quality Trust managed fund is The Trust seeks total return in excess of the MSCI World Index ('Benchmark'). GMO Australia seeks to achieve the Trust's investment objective by investing the Trust's assets primarily in equities of companies that GMO Australia believes to be of high quality.

The strategy of the GMO Quality Trust managed fund is The Trust typically invests directly and indirectly (e.g., through derivatives) in equities of companies that GMO Australia believes to be of high quality. GMO Australia believes a high quality company generally to be a company that has an established business that will deliver a high level of return on past investments and that will utilise cash flows in the future by making investments with the potential for a high return on capital or by returning cash to shareholders through dividends, share buybacks, or other mechanisms.

The APIR code of the GMO Quality Trust managed fund is GMO1447AU.

GMO Quality Trust’s total return last month was 2.48%. This was made up of a growth return of 2.48% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

GMO Quality Trust’s total return for the last three months was 15.89%. This was made up of a growth return of 15.89% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

GMO Quality Trust’s one-year total return is 35.65%. This was made up of a growth return of 34.14% and an income return of 1.51%. These returns were calculated as at 31 Mar 2024.

GMO Quality Trust’s one-year total return is 18.75%. This was made up of a growth return of 16.04% and an income return of 2.71%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the GMO Quality Trust managed fund is :

International Equities
96.60%
Cash
3.40%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the GMO Quality Trust managed fund is GMO Australia Limited.

The GMO Quality Trust managed fund belongs to the Equity World Large Blend sector/asset class.

As at 29 Feb 2024, the size of the GMO Quality Trust managed fund was $207.16 million.

The GMO Quality Trust managed fund has an inception date of 23 Sep 2020.

The current entry price of the GMO Quality Trust managed fund is $1.7425 per unit and the current exit price is $1.7407 per unit (as at 23 Apr 2024).

The current exit price of the GMO Quality Trust managed fund is $1.7407 per unit and the current entry price is $1.7425 per unit (as at 23 Apr 2024).

The minimum initial investment amount for the GMO Quality Trust managed fund is $500,000. Minimum additional investment is $250000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.