GMO Small Cap Quality III

Frequently Asked Questions About GMAWX

What does GMAWX invest in?

The GMO Small Cap Quality III fund aims to achieve its financial objective primarily by investing in the stock of high-quality U.S. small-capitalization companies, as determined by GMO. Beyond direct equity purchases, the fund has the option to strategically employ exchange-traded and over-the-counter (OTC) derivatives, as well as exchange-traded funds (ETFs). These alternative financial tools can serve various functions, including replacing direct stock investments, managing or modifying the fund's long or short market exposure, and acting as a stand-in for securities lending activities.

What is the expense ratio of GMAWX?

GMO Small Cap Quality III (GMAWX) charges an expense ratio of 0.76%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GMAWX?

GMO Small Cap Quality III (GMAWX) manages $730.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is GMAWX actively managed or an index fund?

GMAWX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was GMAWX launched?

GMO Small Cap Quality III (GMAWX) launched in May 2023 and is managed by GMO.

How has GMAWX performed?

GMAWX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.