GMO Emerging Domestic Opportunities Fund (GEDTX)
GMO Emerging Domestic Opportunities Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $17.31, up 0.06% on the session, giving a market capitalisation of $19.6M. Its beta of 0.82 implies it has historically moved less than the broad market.
Under typical market conditions, this fund commits a minimum of 80% of its total assets, both directly and indirectly (for example, via underlying funds or financial derivatives), to enterprises whose economic activities are significantly connected to emerging markets – specifically, regions not classified as "developed" by the MSCI World Index. Its primary focus is on the equity securities of companies whose future success is intrinsically tied to the internal economic development and burgeoning growth of these developing nations. This includes a particular emphasis on businesses that supply products and services to the expanding consumer populations within emerging economies. It is important to note that the fund operates with a non-diversified investment approach.