6.6 in World Bond
U.S. News evaluated 87 World Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
| Scorecard | |
|---|---|
| Morningstar | 3 / 5 Stars |
| Lipper | 4 3 1 5 1 |
| Zacks Investment Research | 3 (Hold) |
| Standard & Poor's | 5 / 5 Stars |
| TheStreet.com | C (Hold) |
Fund Overview
The investment seeks total return in excess of that of its benchmark, the J.P. Morgan Global Government Bond Index. The fund’s investment program has two principal components. One component seeks to replicate the fund’s benchmark. The second component seeks to add value relative to the fund’s benchmark by taking positions that may be unrelated to its benchmark in global interest rate, currency and credit markets (particularly in asset-backed and emerging country debt markets). The fund invests directly and indirectly (e.g., through other GMO funds or derivatives) at least 80% of its assets in bonds. It is a non-diversified.
| Trailing Returns | Updated 03.31.2012 |
|---|---|
| Year to date | 0.5% |
| 1 Year | 7.2% |
| 3 Years (Annualized) | 15.3% |
| 5 Years (Annualized) | 5.2% |
| 10 Years (Annualized) | 7.7% |
Performance
The fund has returned 7.23 percent over the past year, 15.26 percent over the past three years, 5.17 percent over the past five years, and 7.67 percent over the past decade.
Hypothetical Growth of $10,000
Updated 03.31.2012
Holdings
Asset Allocation
| % Long | % Short | % Net | |
|---|---|---|---|
| Cash | 23.15 | 0.38 | 22.77 |
| Stocks | 0.0 | 0.0 | 0.0 |
| Bonds | 14.13 | 0.0 | 14.13 |
| Other | 2.42 | 0.23 | 2.19 |
| Foreign Bonds | 70.5 | 9.6 | 60.9 |
| Foreign Stocks | 0.01 | 0.0 | 0.01 |
| Convertible | 0.0 | 0.0 | 0.0 |
| Preferred | 0.0 | 0.0 | 0.0 |
Updated 11.30.2011
Top Holdings
Performance as of 03.31.2012
Portfolio as of 11.30.2011
| % Net Assets | |
|---|---|
| GMO Short Duration Collateral | 21.67 |
| GMO World Opportunity Overlay | 14.75 |
| Japan 89 (20 Year Issue) Sr Unsecured 06/26 2.2 | 12.85 |
| German Euro Bund Futures Dec11 Xeur | 7.19 |
| German Euro Bobl Futures Dec11 Xeur | 4.6 |
Fees
GMO Global Bond Fund has an expense ratio of 0.39 percent.
