GMO Risk Premium Fund Class III (GMRPX)
GMO Risk Premium Fund Class III operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA. The stock last traded at $27.91, 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 endeavors to achieve returns comparable to the equity risk premium over a complete market cycle, with a focus on exhibiting lower volatility than global stock markets. Its principal strategy involves the strategic sale of put options linked to stock indices. GMO explicitly states that the fund's management and risk profile are not guided or benchmarked against any particular securities index. Additionally, the fund is characterized as non-diversified.
GMO Risk Premium Fund Class III is most often compared with the following Financial Services names: