The fund seeks total return by investing in companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team invests in companies that we believe will benefit most from the rising demand for goods and services in emerging markets.

The research process starts with country and sector allocation and then the team relies on fundamental analysis to select companies whose prospects are linked to the internal (domestic) development and growth of the world’s non-developed markets (emerging markets), including those companies that provide goods and services to emerging market consumers.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team focuses on high-quality companies that are trading at reasonable prices.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The manager places an emphasis on downside protection through multi-layered risk control and dynamic allocation.

The fund seeks total return by investing in companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

The strategy seeks to outperform the benchmark index.

Next, the research team selects countries, sectors, and securities based on factors such as valuation, quality, patterns of price movement and volatility, and macroeconomic factors.

Also, the research team integrates environmental, social and governance factors as part of its process.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund seeks total return by investing in companies across any size outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

The process employs a fund of funds strategy and seeks to outperform the benchmark index.

Next, the research team invests in U.S. and non-U.S. markets (including emerging markets) through its investment in the Equity Funds and Risk Premium Fund (collectively, the underlying GMO Funds).

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund also may invest directly in securities (including other underlying funds) and derivatives.

Additionally, the fund invests significantly in equities tied economically to developed markets, and also may invest in Emerging Markets Fund.

In addition, the fund may lend its portfolio securities.

The fund also may invest in U.S. Treasury Fund, in money market funds unaffiliated with GMO, and directly in the types of investments typically held by money market funds.

The fund seeks total return by investing in companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

The process seeks to outperform the benchmark index.

Next, the research team invests in non-U.S. and U.S. equity markets.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

In addition, the team utilizes multi-year forecasts of returns among asset classes to construct a portfolio.

The fund seeks total return by investing in companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

The strategy utilizes multi-year forecasts of returns among asset classes to build a portfolio.

Next, the research team focuses on companies that provide exposure to non-U.S. equity markets.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The portfolio seeks to outperform the benchmark index over a complete market cycle.
 

The fund seeks high total return by investing in companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team invests in non-U.S. developed market equities that have positive return potential relative to other securities tied economically to international equity markets.

The team believes due to irrational investor behavior, the imperfect flow of information, and the participation of non-economic actors, markets exhibit inefficiencies in the short term.

Also, the team is of the view that in the long term returns are ultimately driven by economic reality.

So the team looks to capitalize on these market inefficiencies by employing a multi-factor valuation model and select mispriced securities.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
 

The fund seeks total return by investing in companies in the United States.

The investment process is designed to highlight high-quality companies.

Next, the research team focuses on companies with a track record of profitability and strong fundamentals.

The team believes the valuation of such companies increases over time and are therefore worth a premium price.

In addition, the team uses both quantitative and fundamental techniques to assess the relative quality and valuation of global companies. The aim of the process is to exploit a long-term investment horizon while withstanding short-term volatility.

The fund seeks total return by investing in companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team invests in the equities of companies in the natural resources sector.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
 

The fund seeks high after-tax total return by investing in companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team invests in international securities that have positive return potential relative to peers.

The team believes due to irrational investor behavior, the imperfect flow of information, and the participation of non-economic actors, markets exhibit inefficiencies in the short term.

Also, the team is of the view that in the long term returns are ultimately driven by economic reality.

So the team looks to capitalize on these market inefficiencies by employing a multi-factor valuation model and select mispriced securities.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund seeks high total return by investing in companies across any size in the United States.

The investment process is designed to highlight companies in the benchmark index and seeks to capitalize on market inefficiencies.

The investment team utilizes a multi-factor valuation model to exploit market inefficiencies as a result of irrational investor actions, the imperfect flow of information, and the participation of non-economic actors, and economic reality.

The strategy also relies on cross-asset signals and corporate alerts to identify mispriced equity securities.

Then the research team evaluates companies’ published financial information and corporate behavior such as corporate governance, sustainability criteria, securities’ prices, and markets such as equity, bond and currency, the overall global economy, and governmental policies.

The team employs a combination of investment methods to identify securities that exhibit positive return potential and are tied economically to U.S. equity markets.

Some of these methods evaluate individual companies or groups of companies based on the ratio of their security price to historical financial information and forecasted financial information, such as return on invested capital, profitability, cash flow and earnings, and a comparison of these ratios to current and historical industry, market or company averages.

Other methods focus on patterns of information, such as price movement or volatility of an asset class, security, or groups of securities relative to U.S. equity markets.

Then the manager constructs the portfolio on the basis of factors, including position size, industry and sector exposure, market capitalization, liquidity and transaction costs.

At times, the fund may have substantial exposure to a single asset class, industry, sector or market capitalization.

The fund has the flexibility to invest in exchange-traded and over-the-counter derivatives and exchange-traded funds.

The fund also may lend its portfolio securities.