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Jeremy Grantham's GMO Expands ETF Franchise
By
Janet Levaux
News October 29, 2024 at 02:00 PM
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What You Need To Know
- The new entries mirror two existing mutual funds: the roughly $561 million GMO U.S. Opportunistic Value Fund and the $429 million GMO International Opportunistic Value Fund.
- The two ETF offerings have expense ratios of 0.5% and 0.6%, respectively.
- Ben Inker, co-head of asset allocation at GMO, says value stocks have never been cheaper in developed non-U.S. markets, going back to the 1980s.
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