GMO International Equity Allocation Fund

Shareclass

GMO International Equity Allocation R6 (GSXMX)

Type

Open-end mutual fund

Manager

Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 1.5%. Assigned a grade of F.
How we track deforestation-risk investments

15.83%

INVESTED IN DEFORESTATION-RISK COMPANIES

AGRIBUSINESS

deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy

BANKS AND LENDERS

that finance deforestation-risk agribusiness producers via lending and underwriting

MAJOR CONSUMER BRANDS

that use deforestation-risk agribusiness commodities in products

holdings flagged

15%

of assets flagged

This fund contains

$50.81 MILLION invested

in holdings flagged for deforestation risk

Take action

Commodity producers

14 holdings

3.21% of assets

$10.71 MILLION invested

Banks and lenders

19 holdings

7.35% of assets

$24.51 MILLION invested

Major consumer brands

18 holdings

5.99% of assets

$19.96 MILLION invested

Commodity producers

14 HOLDINGS

Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.

14 HOLDINGS

% of portfolio
$ invested
1. ITOCHU Corp
1.04%1.04% of portfolio
$3.48M$3.48M invested
2. Sumitomo Forestry Co Ltd
0.64%0.64% of portfolio
$2.15M$2.15M invested
3. PT Astra International Tbk
0.37%0.37% of portfolio
$1.24M$1.24M invested
4. WH Group Ltd Shs Unitary 144A/Reg S
0.33%0.33% of portfolio
$1.1M$1.1M invested
5. JBS SA
0.26%0.26% of portfolio
$866,848$866,848 invested

View next 5

Banks and lenders

19 HOLDINGS

Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).

19 HOLDINGS

% of portfolio
$ invested
1. Banco Bilbao Vizcaya Argentaria SA
1.55%1.55% of portfolio
$5.18M$5.18M invested
2. Deutsche Bank AG
1.3%1.3% of portfolio
$4.34M$4.34M invested
3. Oversea-Chinese Banking Corp Ltd
1.09%1.09% of portfolio
$3.62M$3.62M invested
4. United Overseas Bank Ltd
0.51%0.51% of portfolio
$1.7M$1.7M invested
5. DBS Group Holdings Ltd
0.49%0.49% of portfolio
$1.65M$1.65M invested

View next 5

Major consumer brands

18 HOLDINGS

Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).

18 HOLDINGS

% of portfolio
$ invested
1. Compagnie de Saint-Gobain SA
1.33%1.33% of portfolio
$4.43M$4.43M invested
2. Koninklijke Ahold Delhaize NV
0.99%0.99% of portfolio
$3.31M$3.31M invested
3. Sumitomo Forestry Co Ltd
0.64%0.64% of portfolio
$2.15M$2.15M invested
4. Sekisui House Ltd
0.64%0.64% of portfolio
$2.14M$2.14M invested
5. CK Hutchison Holdings Ltd
0.45%0.45% of portfolio
$1.5M$1.5M invested

View next 5

View more info

DATA AS OF 28 Feb 2025

Sustainability report card

As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.

GMO International Equity Allocation Fund GSXMX

Environment

Fossil fuels

Investments in coal, oil, and natural gas energy and utility companies, and related financial companies

Deforestation

Investments in deforestation-risk agricultural commodities, and related financial companies and consumer brands

Social

Gender equality

Gender equality group ranking, based on Equileap company data

Civilian firearms

Investments in civilian firearms manufacturers, and related gun retailers

Prison industrial complex

Investments in prisons and borders industry, including private prison operators

Military weapons

Investments in military arms manufacturers and services companies, including nuclear weapon manufacturers and servicers

Tobacco

Investments in tobacco and e-cigarette manufacturers, and tobacco-promoting entertainment companies

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Financial performance

Performance data provided by

Find more financial data on GSXMX at Morningstar.com

Current fund

GSXMX

GMO International Equity Allocation Fund

Family

GMO

Category

Foreign Large Value

Find another fund

vs.

Benchmark

ACWX

iShares MSCI ACWI ex U.S. ETF

Family

iShares from BlackRock

Category

Foreign Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 4/30/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: MSCI ACWI Ex USA

Fund comparison results

Compared to the benchmark, this fund has:

Lower 10-yr returns

-0.13% less in annualized returns

More invested in commodity producers

2.03% more invested

More invested in banks and lenders

1.55% more invested

Less invested in major consumer brands

1.48% less invested

Current fund

GSXMX

GMO International Equity Allocation Fund

Family

GMO

Category

Foreign Large Value

Find another fund

vs.

Benchmark

ACWX

iShares MSCI ACWI ex U.S. ETF

Family

iShares from BlackRock

Category

Foreign Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 4/30/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: MSCI ACWI Ex USA

Fund comparison results

Compared to the benchmark, this fund has:

Lower 10-yr returns

-0.13% less in annualized returns

More invested in commodity producers

2.03% more invested

More invested in banks and lenders

1.55% more invested

Less invested in major consumer brands

1.48% less invested

Current fund

GSXMX

GMO International Equity Allocation Fund

Family

GMO

Category

Foreign Large Value

Find another fund

vs.

Benchmark

ACWX

iShares MSCI ACWI ex U.S. ETF

Family

iShares from BlackRock

Category

Foreign Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 4/30/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: MSCI ACWI Ex USA

Fund comparison results

Compared to the benchmark, this fund has:

Lower 10-yr returns

-0.13% less in annualized returns

More invested in commodity producers

2.03% more invested

More invested in banks and lenders

1.55% more invested

Less invested in major consumer brands

1.48% less invested

Month-end trailing returns

Performance as of date: 4/30/25

Morningstar suggested benchmark: MSCI ACWI Ex USA NR USD

Annualized returns

Deforestation analysis

1-yr

3-yr

5-yr

10-yr

This fund
GSXMX - GMO International Equity Allocation Fund

16%

12%

11%

4.6%

3.21%

Benchmark

13%

8.32%

10%

4.72%

1.19%

Fund compared to benchmark

3.7%

3.49%

0.59%

-0.13%

2.03% higher

Find more financial data on GSXMX at Morningstar.com

Take Action

Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.

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Find top-graded funds that avoid deforestation-risk investments.

FIND TOP-SCORING FUNDS

Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.

CHECK FOR FOSSIL FUELS

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