GMO Risk Premium Fund Class VI (GMOKX)
GMO Risk Premium Fund Class VI operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA. The stock last traded at $27.68, up 0.00% on the session, giving a market capitalisation of $9.1M. Its beta of 1.11 implies it has historically moved more than the broad market.
This fund's core objective is to achieve overall investment gains. It endeavors to generate returns that reflect the equity risk premium over an entire market cycle, aiming for reduced price fluctuations compared to broad global equity markets. Its principal method involves writing (selling) put options tied to various stock market indices. The managing firm, GMO, explicitly states that the fund's management and risk profile are not aligned with or controlled by any specific securities index or external benchmark. Furthermore, the fund is classified as non-diversified.
GMO Risk Premium Fund Class VI is most often compared with the following Financial Services names: