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Asset Allocation Fund – Share Class A
All information on this page is as of 06-18-2013 unless otherwise noted.
Ticker EAAFX
CUSIP 94985D442
NAV $13.50
$ Change $0.04
% Change 0.30%
YTD Return 5.30%
Inception Date 07-29-1996
Net Fund Assets as of 05-31-2013$6,893,477,480.41
Fund Notes
  • Read the Fund's Quarterly Report (pdf)  
  • Class B shares are closed to new investors and additional investments from existing shareholders.  
    • More about GMO Video
      

   
 
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Net Asset Value (NAV) as of 06-18-2013 – Share Class A
NAV $13.50
$ Change $0.04
% Change 0.30%
Cumulative & Annualized Total Returns 1 – Share Class A
   Annualized Total Returns 
Performance Type   Last 3 Months   Year To Date   1-Year   3-Year   5-Year   10-Year   Since Inception
NAV as of 05-31-2013 2.59% 5.15% 15.74% 9.72% 4.49% 7.25% 8.07%
POP as of 05-31-2013 -3.30% -0.88% 9.08% 7.58% 3.26% 6.61% 7.69%
POP as of 03-31-2013 -2.35% -2.35% 1.53% 4.70% 3.43% 7.57% 7.68%

Figures quoted represent past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Performance shown without sales charges would be lower if sales charges were reflected. Current performance may be lower or higher than the performance data quoted and assumes the reinvestment of dividends and capital gains.

Public offering price (POP) is the price of one share of a fund including any sales charges. Net asset value (NAV) is the value of one share of the fund excluding any sales charges. Had sales charges been included, performance would be lower. Returns for periods of less than one year are not annualized.

For Class A shares, the maximum front-end sales charge is 5.75%. Performance including sales charge assumes the sales charge for the corresponding time period.


Expenses – Share Class A
Net Expense Ratio
effective since 02-01-2013
1.41%
 
Gross Expense Ratio 1.41%

The advisor has committed, through 2-1-14, to waive fees and/or reimburse expenses to the extent necessary to cap the fund's total annual fund operating expenses after fee waiver, excluding brokerage commissions, interest, taxes, extraordinary expenses, and the expenses of any money market fund or other fund held by the fund, at 0.87%. After this time, such cap may be changed or the commitment to maintain the cap may be terminated only with the approval of the Board of Trustees. Without this cap, the fund's returns would have been lower.


Commissions & Breakpoints  (Excludes no-load share classes.) Click here to view
Morningstar Rating 2 – Share Class A   Lipper Total Return Rankings – Share Class A
Based on risk-adjusted returns as of 05-31-2013
Category World Allocation
Overall (out of 343 funds)
3-Year (out of 343 funds)
5-Year (out of 216 funds)
10-Year (out of 107 funds)

The Overall Morningstar Rating for a fund is derived from a weighted-average of the performance figures associated with its three-, five- and ten-year (if applicable) ratings.

 
as of 05-31-2013
Category Lipper Global Flexible Portfolio Funds
1 - Year 172 out of 408
3 - Year 89 out of 250
5 - Year 24 out of 146
10 - Year 24 out of 64

Lipper rankings do not include the effects of sales charges. Past performance is no guarantee of future results.


Benchmark Returns3,4 as of 05-31-2013
   Average Annual Total Returns 
Performance Type   Last 3 Months   Year To Date      1-Year         3-Year         5-Year         10-Year   
GMO Global Asset Allocation Index 2.62% 5.62% 16.69% 9.89% 3.19% 6.56%
Lipper Global Flexible Portfolio Funds Average 1.71% 3.90% 14.00% 8.30% 2.83% 7.11%
Calendar Year Returns1 – Share Class A
Calendar Year Return

Does not include sales charges, and assumes reinvestment of dividends and capital gains.

 

1 The inception date of Class A shares was 7-29-96 and Class B and Class C shares was 10-3-02. Historical performance shown for Classes B and C prior to their inception is based on the performance of Class A, the original class offered, and has been adjusted to reflect the higher expenses applicable to Classes B and C. Historical performance shown for all classes of the Fund prior to 7-16-10 is based on the performance of the fund's predecessor, Evergreen Asset Allocation Fund. Historical performance for Class A prior to 10-3-02 is based on the performance of Class III of the Fund's predecessor fund, GMO Global Balanced Allocation Fund. Expenses of the GMO Fund were lower than the expenses the Fund incurs, in part because the GMO Fund did not pay 12b-1 fees. If the GMO Fund had incurred expenses at the same rate as the Fund does, the performance shown would have been lower.

2 For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

3 Source: GMO. The GMO Global Asset Allocation Index is a composite benchmark consisting of 65% MSCI All-Country World Index and 35% Barclays Aggregate Bond Index. You cannot invest directly in an index.

4 The Lipper Global Flexible Portfolio Funds Average is an average of funds that invest at least 25% of their portfolio in securities traded outside of the U.S. across various asset classes, including both domestic and foreign stocks, bonds, and money market instruments. The total return of the Lipper Average does not include the effect of sales charges. You cannot invest directly in a Lipper Average.


 

Not FDIC Insured • No Bank Guarantee • May Lose Value