Investment Objective
The GMO Equity Dislocation Investment Fund seeks high total return. The team aims to accomplish this objective by owning attractively valued equities while correspondingly shorting equities where they believe that valuations are reflective of implausible growth expectations. The eligible universe for both the long and short side spans the market capitalization spectrum and includes both developed and emerging markets. The portfolio is diversified across sectors, countries, and regions and is intended to be broadly dollar neutral with an approximate ex-ante beta of zero.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.8 | 0.6 | 0.2 | 0.9 | 0.4 | 0.9 | 0.2 | 0.5 | 0.5 | 0.2 | 0.3 | 0.9 | 0.9 | |
| 2023 | 0.1 | 0.4 | 1.0 | 0.3 | 0.6 | 0.0 | 0.2 | 0.1 | 0.7 | 0.2 | 0.4 | 0.7 | 0.6 |
