GBFFX — GMO Benchmark-Free Fund
Data updated: 2026-07-29
GBFFX — GMO Benchmark-Free Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Global (incl. US) Multi-Cap / All-Cap Blend / Core Equity · $1.31B AUM · 0.70% expense ratio · 29.1% 1-yr return. From SEC regulatory filings.
GBFFX Fund Overview
GBFFX — GMO Benchmark-Free Fund is a US mutual fund managed by Gmo Trust, categorised as Global (incl. US) Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Gmo Trust
- Category: Global (incl. US) Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $1.31B
- 1-year return: 29.1%
- Ticker: GBFFX
- SEC CIK: 0000772129
- SEC series ID: S000033464
- Share class ID: C000102896
GBFFX Holdings
Top 10 holdings of GMO Benchmark-Free Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Nomura Fixed Income Securities Private Ltd. | 15.32% |
| GMO Alternative Allocation Fund | 12.62% |
| United States Treasury | 8.79% |
| United States Treasury | 4.22% |
| United States Treasury | 4.13% |
| GMO Resources Fund | 3.01% |
| Gmo Ustf Sec Lending | 2.27% |
| GMO Opportunistic Income Fund | 1.78% |
| Taiwan Semiconductor Manufacturing Co Ltd | 1.48% |
| GMO Climate Change Fund | 1.03% |
GBFFX Portfolio Allocation
Asset-class allocation of GMO Benchmark-Free Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 80.8% |
| Fixed Income | 17.3% |
| Cash & Equivalents | 16.1% |
| Real Estate | 0.1% |
| Other | 0.1% |
GBFFX Performance
Total returns for GBFFX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 11.5% |
| 1 year | 29.1% |
| 3 years (annualised) | 17.9% |
| 5 years (annualised) | 9.0% |
GBFFX Risk Information
Risk metrics for GBFFX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.8%
GBFFX Costs and Fees
GBFFX costs about $70 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.70%
- Gross expense ratio: 0.76%
- Portfolio turnover: 116%
- Brokerage commissions: 3.45 bps of average net assets (SEC N-CEN)
GBFFX Cashflows
Over the 12 months to 2026-02, GMO Benchmark-Free Fund had net outflows of $115.21M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | −$535.00K |
| 2026-01 | $1.01M |
| 2025-12 | $52.13M |
| 2025-11 | −$370.90K |
| 2025-10 | −$121.30M |
| 2025-09 | $777.85K |
GBFFX Debt Constituents
Largest debt holdings of GMO Benchmark-Free Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 8.79% |
| United States Treasury | 4.22% |
| United States Treasury | 4.13% |
| Malaysia Government | 0.08% |
| Dominican Republic | 0.06% |
| Republica Orient Uruguay | 0.02% |
| Uganda Government Bond | 0.01% |
| Republic Of Paraguay | 0.01% |
GBFFX Prospectus and SEC Filings
Official GMO Benchmark-Free Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Global (incl. US) Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.