GMADX Performance — GMO Global Equity Allocation Fund, Class R6
Data updated: 2026-09-29
GMADX returned +18.70% year to date and +41.86% over one year to May 2026. Annualised returns are +24.86% over 3 years and +11.12% over 5 years. The fund beat its Global Multi-Cap Blend category average: $100 invested three years ago grew to $195, against $154 for the category, and to $142 over one year, against $123. Volatility over the past three years was 12.25% a year. In the 12 months to May 2026 the fund lost a net $93.4M, and assets reached $635.07M.
GMADX Growth of $100
What $100 invested in GMO Global Equity Allocation Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Multi-Cap Blend category average over the same months.
| Period | GMADX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $142 | $123 |
| 3 years (Jun 2023 – May 2026) | $195 | $154 |
| 5 years (Jun 2021 – May 2026) | $169 | $144 |
| Since data start (Jul 2020 – May 2026) | $230 | $191 |
GMADX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +18.70% |
| 1 year | +41.86% |
| 3 years (annualised) | +24.86% |
| 5 years (annualised) | +11.12% |
GMADX Annual Returns
Calendar-year total returns of GMO Global Equity Allocation Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +18.70% |
| 2025 | +29.21% |
| 2024 | +9.51% |
| 2023 | +22.19% |
| 2022 | −17.01% |
| 2021 | +15.00% |
| 2020 (Jul–Dec) | +17.66% |
GMADX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.9% | +4.8% | −6.5% | +8.0% | +6.0% | — | — | — | — | — | — | — |
| 2025 | +3.8% | 0.0% | −1.0% | +0.5% | +4.7% | +4.1% | +0.4% | +4.7% | +2.3% | +1.4% | +3.0% | +2.2% |
| 2024 | −0.4% | +3.0% | +3.7% | −2.6% | +4.3% | −1.3% | +3.5% | +1.9% | +1.6% | −4.0% | +2.1% | −2.3% |
| 2023 | +8.1% | −2.9% | +1.5% | +1.3% | −2.3% | +6.1% | +4.4% | −3.1% | −2.3% | −3.3% | +8.1% | +5.8% |
| 2022 | −2.1% | −4.7% | −1.9% | −5.9% | +2.1% | −8.8% | +4.3% | −3.7% | −9.3% | +6.1% | +10.7% | −3.3% |
| 2021 | +0.5% | +4.1% | +4.2% | +2.6% | +3.4% | −1.4% | −0.9% | +1.5% | −3.5% | +2.6% | −4.0% | +5.5% |
| 2020 | — | — | — | — | — | — | −0.3% | +3.5% | −2.3% | −2.1% | +12.5% | +6.0% |
GMADX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 12.25%
- 3-year Sharpe ratio: 1.66 (vs 4.5% risk-free rate)
- Best month: +8.11% (Nov 2023)
- Worst month: −6.47% (Mar 2026)
GMADX Fund Flows
Monthly money in and out of GMO Global Equity Allocation Fund, from SEC Form N-PORT.
- 12-month net flow: −$93.4M
- 12-month gross sales (incl. reinvestments): $29.7M
- Sales ÷ redemptions: 0.24×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $231K | $47.8M | −$47.5M |
| Apr 2026 | $261K | $20.4M | −$20.1M |
| Mar 2026 | $213K | $20.4M | −$20.2M |
| Feb 2026 | $130K | $202K | −$72K |
| Jan 2026 | $197K | $112K | $85K |
| Dec 2025 | $27.0M | $22.6M | $4.4M |
| Nov 2025 | $168K | $2.1M | −$2.0M |
| Oct 2025 | $334K | $71K | $264K |
| Sep 2025 | $147K | $226K | −$79K |
| Aug 2025 | $148K | $8.7M | −$8.6M |
| Jul 2025 | $729K | $419K | $310K |
| Jun 2025 | $186K | $55K | $131K |
GMADX Assets Under Management
Net assets of GMO Global Equity Allocation Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $635.07M |
| 2026-02-28 | $681.95M |
| 2025-11-30 | $623.73M |
| 2025-08-31 | $585.87M |
| 2025-05-31 | $543.02M |
| 2025-02-28 | $582.61M |
| 2024-11-30 | $589.09M |
| 2024-08-31 | $683.04M |
| 2024-05-31 | $660.03M |
| 2024-02-29 | $735.33M |
| 2023-11-30 | $621.73M |
| 2023-08-31 | $629.41M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.