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  5. GMO SGM Major Markets Trust - Managed fund profile

GMO SGM Major Markets Trust - Managed Fund

Fund Objective
The Trust's investment objective is long-term total return. GMO Australia aims to produce a portfolio that seeks to outperform the Bloomberg Ausbond Bank Bill Index.
Fund Strategy
GMO Australia aims to produce a portfolio that seeks to outperform the Bloomberg Ausbond Bank Bill Index. The Trust plans to pursue its investment objective by investing in a range of global equity, bond, currency and commodity markets using exchange traded futures and forward foreign exchange contracts as well as making other investments. The Trust seeks to take advantage of GMO Australia's proprietary investment models for global tactical asset allocation and equity, bond, currency and commodity market selection.

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 0.7% -0.24% -1.25% 1.72% 2.49% 1.05% 0.64% -%
Growth return 0.7% -0.24% -1.25% 1.72% 2.49% 0.63% 0.27% -%
Income return 0% 0% 0% 0% 0% 0.42% 0.37% -%
Market index (Morningstar AUD 1M Cash GR AUD)
Total return 0.36% 1.08% 2.11% 4.09% 3% -% -% -%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

GMO SGM Major Markets Trust
Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Fixed Interest
0%
Average Allocation of Peers
Alternatives
70.35%
Australian Equities
0.04%
International Equities
13.36%
Cash
5.71%
Fixed Interest
10.54%

General Information

Fund Details
Type Description
GMO SGM Major Markets Trust (Wholesale)
GMO Australia Limited
GMO0014AU
Alternative - Macro Trading
starstar (as at 31 Mar 2024)
Investment Fund
2 Dec 2014
$134.59 million (as at 29 Feb 2024)
$1.0592 (as at 22 Apr 2024)
$1.0592 (as at 22 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.01% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500,000
Minimum additional investments $250,000
Minimum redemption amount $250,000

FAQs about the GMO SGM Major Markets Trust

The objective of the GMO SGM Major Markets Trust managed fund is The Trust's investment objective is long-term total return. GMO Australia aims to produce a portfolio that seeks to outperform the Bloomberg Ausbond Bank Bill Index.

The strategy of the GMO SGM Major Markets Trust managed fund is GMO Australia aims to produce a portfolio that seeks to outperform the Bloomberg Ausbond Bank Bill Index. The Trust plans to pursue its investment objective by investing in a range of global equity, bond, currency and commodity markets using exchange traded futures and forward foreign exchange contracts as well as making other investments. The Trust seeks to take advantage of GMO Australia's proprietary investment models for global tactical asset allocation and equity, bond, currency and commodity market selection.

The APIR code of the GMO SGM Major Markets Trust managed fund is GMO0014AU.

GMO SGM Major Markets Trust’s total return last month was 0.7%. This was made up of a growth return of 0.7% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

GMO SGM Major Markets Trust’s total return for the last three months was -0.24%. This was made up of a growth return of -0.24% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

GMO SGM Major Markets Trust’s one-year total return is 1.72%. This was made up of a growth return of 1.72% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

GMO SGM Major Markets Trust’s one-year total return is 1.05%. This was made up of a growth return of 0.63% and an income return of 0.42%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the GMO SGM Major Markets Trust managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Fixed Interest
0%

The Responsible Entity for the GMO SGM Major Markets Trust managed fund is GMO Australia Limited.

The GMO SGM Major Markets Trust managed fund belongs to the Alternative - Macro Trading sector/asset class.

As at 29 Feb 2024, the size of the GMO SGM Major Markets Trust managed fund was $134.59 million.

The GMO SGM Major Markets Trust managed fund has an inception date of 2 Dec 2014.

The current entry price of the GMO SGM Major Markets Trust managed fund is $1.0592 per unit and the current exit price is $1.0592 per unit (as at 22 Apr 2024).

The current exit price of the GMO SGM Major Markets Trust managed fund is $1.0592 per unit and the current entry price is $1.0592 per unit (as at 22 Apr 2024).

The minimum initial investment amount for the GMO SGM Major Markets 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.