GMAQX — GMO Emerging Markets ex-China Fund

Data updated: 2026-07-29

GMAQX — GMO Emerging Markets ex-China Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Emerging Markets Materials Equity · $112.75M AUM · 0.68% expense ratio · 86.3% 1-yr return. From SEC regulatory filings.

GMAQX Fund Overview

GMAQX — GMO Emerging Markets ex-China Fund is a US mutual fund managed by Gmo Trust, categorised as Emerging Markets Materials 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: Emerging Markets Materials Equity
  • Assets under management: $112.75M
  • 1-year return: 86.3%
  • Ticker: GMAQX
  • SEC CIK: 0000772129
  • SEC series ID: S000072426
  • Share class ID: C000228643

GMAQX Holdings

Top 10 holdings of GMO Emerging Markets ex-China Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

Holding% of net assets
Taiwan Semiconductor Manufacturing Co Ltd14.78%
Samsung Electronics Co Ltd9.16%
SK hynix Inc4.57%
Hyundai Mobis Co Ltd3.22%
United Microelectronics Corp2.88%
Kia Corp2.87%
LG Electronics Inc2.68%
Evergreen Marine Corp Taiwan Ltd2.47%
Hon Hai Precision Industry Co Ltd2.36%
PTT Exploration & Production PCL2.27%

View all GMAQX holdings

GMAQX Portfolio Allocation

Asset-class allocation of GMO Emerging Markets ex-China Fund by percentage of net assets, from the latest SEC N-PORT filing.

Asset classAllocation
Equity100.0%

GMAQX Performance

Total returns for GMAQX (as of 2026-08-01), from SEC filings.

PeriodTotal return
YTD51.0%
1 year86.3%
3 years (annualised)33.9%

GMAQX Risk Information

Risk metrics for GMAQX, derived from monthly returns in SEC filings.

  • 1-year volatility (annualised): 29.4%

GMAQX Costs and Fees

GMAQX costs about $68 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 0.68%
  • Gross expense ratio: 0.98%
  • Portfolio turnover: 92%
  • Brokerage commissions: 11.24 bps of average net assets (SEC N-CEN)

GMAQX Cashflows

Over the 12 months to 2026-02, GMO Emerging Markets ex-China Fund had net outflows of $6.06M, from monthly SEC N-PORT filings.

MonthNet flow
2026-02−$2.18M
2026-01−$440.70K
2025-12$6.81M
2025-11−$1.72M
2025-10−$1.48M
2025-09−$890.00K

GMAQX Debt Constituents

No individual debt constituents are reported in GMO Emerging Markets ex-China Fund's latest SEC N-PORT filing.

GMAQX Prospectus and SEC Filings

Official GMO Emerging Markets ex-China Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Emerging Markets Materials 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.