# EDGAR Filing Document

**Accession Number:** 0000772129
**File Stem:** 0001104659-23-026778
**Filing Date:** 2023-2
**Character Count:** 28277
**Document Hash:** 521a29fd0dac550f8b32e70e493c4649
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-026778.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001104659-23-026778

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**EFFECTIVENESS DATE**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GMO TRUST
- **CENTRAL INDEX KEY:** 0000772129
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-98772
- **FILM NUMBER:** 23686656

**BUSINESS ADDRESS:**
- **STREET 1:** 40 ROWES WHARF
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 6173467646

**MAIL ADDRESS:**
- **STREET 1:** 40 ROWES WHARF
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GMO CORE TRUST
- **DATE OF NAME CHANGE:** 19900927

## Series and Classes Contracts Data

### GMO U.S. Equity Fund (Series ID: S000004081)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class III  | GMUEX         | C000011423 |
| Class IV   | GMRTX         | C000011424 |
| Class V    | GMEQX         | C000011425 |
| Class VI   | GMCQX         | C000011426 |
| Class R6   | nan           | C000213354 |
| Class I    | nan           | C000213355 |

---

### GMO Quality Fund (Series ID: S000004084)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class II   | nan           | C000011436 |
| Class III  | GQETX         | C000011437 |
| Class IV   | GQEFX         | C000011438 |
| Class V    | GQLFX         | C000011439 |
| Class VI   | GQLOX         | C000011440 |
| Class I    | GQLIX         | C000213356 |
| Class R6   | GQESX         | C000213357 |

---

### GMO International Equity Fund (Series ID: S000004224)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class II   | GMICX         | C000011880 |
| Class III  | GMOIX         | C000011881 |
| Class IV   | GMCFX         | C000011882 |
| Class V    | nan           | C000011883 |
| Class VI   | nan           | C000011884 |
| Class I    | GMOUX         | C000213358 |
| Class R6   | nan           | C000213359 |

---

### GMO Emerging Markets Fund (Series ID: S000004911)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class II   | GMEMX         | C000013268 |
| Class III  | GMOEX         | C000013269 |
| Class IV   | GMEFX         | C000013270 |
| Class V    | GEMVX         | C000013271 |
| Class VI   | GEMMX         | C000013272 |
| Class R6   | GEMNX         | C000213362 |
| Class I    | GEMEX         | C000213363 |

---

### GMO Tax-Managed International Equities Fund (Series ID: S000004913)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class II   | nan           | C000013281 |
| Class III  | GTMIX         | C000013282 |
| Class IV   | nan           | C000013283 |
| Class I    | nan           | C000213364 |
| Class R6   | nan           | C000213365 |

---

### GMO Multi-Sector Fixed Income Fund (Series ID: S000004917)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class II   | nan           | C000013293 |
| Class III  | GUGAX         | C000013294 |
| Class IV   | GPBFX         | C000013295 |
| Class V    | nan           | C000013296 |
| Class VI   | nan           | C000013297 |
| Class VII  | nan           | C000013298 |
| Class VIII | nan           | C000013299 |
| Class I    | nan           | C000213366 |
| Class R6   | nan           | C000213367 |

---

### GMO Emerging Country Debt Fund (Series ID: S000004922)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class II   | nan           | C000013326 |
| Class III  | GMCDX         | C000013327 |
| Class IV   | GMDFX         | C000013328 |
| Class V    | nan           | C000013329 |
| Class VI   | GMOQX         | C000013330 |
| Class R6   | nan           | C000213368 |
| Class I    | nan           | C000213369 |

---

### GMO Benchmark-Free Allocation Fund (Series ID: S000005485)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class II   | nan           | C000014926 |
| Class III  | GBMFX         | C000014927 |
| Class IV   | GBMBX         | C000109350 |
| Class MF   | nan           | C000110912 |
| Class V    | nan           | C000128910 |
| Class VI   | nan           | C000128911 |
| Class I    | GBMIX         | C000213372 |
| Class R6   | GBMSX         | C000213373 |

---

### GMO International Equity Allocation Fund (Series ID: S000005486)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class II   | nan           | C000014929 |
| Class III  | GIEAX         | C000014930 |
| Class R6   | GSXMX         | C000213374 |
| Class I    | nan           | C000213375 |

---

### GMO Global Asset Allocation Fund (Series ID: S000005487)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class II   | nan           | C000014932 |
| Class III  | GMWAX         | C000014933 |
| Class R6   | GMWRX         | C000213376 |
| Class I    | GMOOX         | C000213377 |

---

### GMO Global Equity Allocation Fund (Series ID: S000005488)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class II   | nan           | C000014935 |
| Class III  | GMGEX         | C000014936 |
| Class I    | GAAUX         | C000213378 |
| Class R6   | GMADX         | C000213379 |

---

### GMO Strategic Opportunities Allocation Fund (Series ID: S000005489)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class III  | GBATX         | C000014937 |

---

### GMO Global Developed Equity Allocation Fund (Series ID: S000005490)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class III  | GWOAX         | C000014938 |
| Class R6   | nan           | C000213380 |
| Class I    | nan           | C000213381 |

---

### GMO SGM Major Markets Fund (Series ID: S000005494)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class III  | GSMFX         | C000014953 |
| Class IV   | GSMJX         | C000014954 |
| Class V    | nan           | C000014955 |
| Class VI   | GSMHX         | C000014956 |
| Class I    | GSMKX         | C000213382 |
| Class R6   | nan           | C000213383 |

---

### GMO Opportunistic Income Fund (Series ID: S000007516)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class VI   | GMODX         | C000020548 |
| Class III  | GMOHX         | C000137450 |
| Class I    | GMOLX         | C000213384 |
| Class R6   | GAAAX         | C000213385 |

---

### GMO International Developed Equity Allocation Fund (Series ID: S000012211)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class III  | GIOTX         | C000033342 |
| Class I    | nan           | C000213386 |
| Class R6   | GAAWX         | C000213387 |

---

### GMO U.S. Treasury Fund (Series ID: S000025186)

---

|  |  |  |
|:---|:---|:---|
| Class Name             | Ticker Symbol | Class ID   |
| GMO U.S. Treasury Fund | GUSTX         | C000075084 |

---

### GMO Asset Allocation Bond Fund (Series ID: S000025199)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class III  | GMOBX         | C000075099 |
| Class VI   | GABFX         | C000075103 |
| Class R6   | nan           | C000213388 |
| Class I    | nan           | C000213389 |

---

### GMO Emerging Markets Select Equity Fund (Series ID: S000029579)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class II   | GEDTX         | C000090805 |
| Class III  | GEDSX         | C000090806 |
| Class IV   | GEDIX         | C000090807 |
| Class V    | GEDOX         | C000090808 |
| Class VI   | GEDFX         | C000090809 |
| Class R6   | GEAEX         | C000213390 |
| Class I    | GEDBX         | C000213391 |

---

### GMO Benchmark-Free Fund (Series ID: S000033464)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class III  | GBFFX         | C000102896 |

---

### GMO Resources Fund (Series ID: S000034948)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class III  | GOFIX         | C000107485 |
| Class IV   | GOVIX         | C000107486 |
| Class V    | nan           | C000107487 |
| Class VI   | GMOWX         | C000107488 |
| Class I    | GEACX         | C000213392 |
| Class R6   | GAAHX         | C000213393 |

---

### GMO Implementation Fund (Series ID: S000036091)

---

|  |  |  |
|:---|:---|:---|
| Class Name              | Ticker Symbol | Class ID   |
| GMO Implementation Fund | GIMFX         | C000110451 |

---

### GMO Climate Change Fund (Series ID: S000056707)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class III  | GCCHX         | C000179795 |
| Class IV   | nan           | C000179796 |
| Class V    | nan           | C000179797 |
| Class VI   | nan           | C000179798 |
| Class I    | GCCLX         | C000213398 |
| Class R6   | GCCAX         | C000213399 |

---

### GMO High Yield Fund (Series ID: S000061716)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class III  | nan           | C000199927 |
| Class IV   | nan           | C000199928 |
| Class V    | nan           | C000199929 |
| Class VI   | GHVIX         | C000199930 |
| Class I    | nan           | C000213400 |
| Class R6   | nan           | C000213401 |

---

### GMO Alternative Allocation Fund (Series ID: S000065268)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class VI   | GAAVX         | C000211299 |
| Class III  | nan           | C000211300 |
| Class IV   | nan           | C000211301 |
| Class V    | nan           | C000211302 |
| Class II   | nan           | C000213404 |
| Class R6   | GAAKX         | C000213405 |
| Class I    | GAAGX         | C000213406 |

---

### GMO U.S. Small Cap Value Fund (Series ID: S000065871)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class VI   | GCAVX         | C000212810 |
| Class V    | nan           | C000212811 |
| Class I    | nan           | C000212812 |
| Class IV   | nan           | C000212813 |
| Class III  | nan           | C000212814 |
| Class R6   | nan           | C000212815 |

---

### GMO Quality Cyclicals Fund (Series ID: S000068925)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class VI   | GMAEX         | C000220241 |
| Class III  | GMANX         | C000220242 |
| Class IV   | nan           | C000220243 |
| Class V    | nan           | C000220244 |
| Class R6   | nan           | C000220258 |
| Class I    | GMAOX         | C000220259 |

---

### GMO Emerging Country Debt Shares Fund (Series ID: S000068930)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class R6   | C000220256 |
| Class I    | C000220257 |

---

### GMO-Usonian Japan Value Creation Fund (Series ID: S000069850)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class V    | nan           | C000222624 |
| Class III  | GMAKX         | C000222625 |
| Class IV   | nan           | C000222626 |
| Class VI   | GMAHX         | C000222627 |
| Class I    | GMIIX         | C000222630 |
| Class R6   | nan           | C000222631 |

---

### GMO Emerging Markets ex-China Fund (Series ID: S000072426)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class VI   | GMAQX         | C000228643 |
| Class V    | nan           | C000228644 |
| Class R6   | nan           | C000228645 |
| Class I    | GMAVX         | C000228646 |
| Class III  | GMAUX         | C000228647 |
| Class II   | nan           | C000228648 |
| Class IV   | nan           | C000228649 |

---

## Series and Classes Contracts Data

### GMO U.S. Equity Fund (Series ID: S000004081)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000011423 | Class III    | GMUEX           |
| C000011424 | Class IV     | GMRTX           |
| C000011425 | Class V      | GMEQX           |
| C000011426 | Class VI     | GMCQX           |
| C000213354 | Class R6     |  |
| C000213355 | Class I      |  |

### GMO Quality Fund (Series ID: S000004084)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000011436 | Class II     |  |
| C000011437 | Class III    | GQETX           |
| C000011438 | Class IV     | GQEFX           |
| C000011439 | Class V      | GQLFX           |
| C000011440 | Class VI     | GQLOX           |
| C000213356 | Class I      | GQLIX           |
| C000213357 | Class R6     | GQESX           |

### GMO International Equity Fund (Series ID: S000004224)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000011880 | Class II     | GMICX           |
| C000011881 | Class III    | GMOIX           |
| C000011882 | Class IV     | GMCFX           |
| C000011883 | Class V      |  |
| C000011884 | Class VI     |  |
| C000213358 | Class I      | GMOUX           |
| C000213359 | Class R6     |  |

### GMO Emerging Markets Fund (Series ID: S000004911)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000013268 | Class II     | GMEMX           |
| C000013269 | Class III    | GMOEX           |
| C000013270 | Class IV     | GMEFX           |
| C000013271 | Class V      | GEMVX           |
| C000013272 | Class VI     | GEMMX           |
| C000213362 | Class R6     | GEMNX           |
| C000213363 | Class I      | GEMEX           |

### GMO Tax-Managed International Equities Fund (Series ID: S000004913)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000013281 | Class II     |  |
| C000013282 | Class III    | GTMIX           |
| C000013283 | Class IV     |  |
| C000213364 | Class I      |  |
| C000213365 | Class R6     |  |

### GMO Multi-Sector Fixed Income Fund (Series ID: S000004917)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000013293 | Class II     |  |
| C000013294 | Class III    | GUGAX           |
| C000013295 | Class IV     | GPBFX           |
| C000013296 | Class V      |  |
| C000013297 | Class VI     |  |
| C000013298 | Class VII    |  |
| C000013299 | Class VIII   |  |
| C000213366 | Class I      |  |
| C000213367 | Class R6     |  |

### GMO Emerging Country Debt Fund (Series ID: S000004922)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000013326 | Class II     |  |
| C000013327 | Class III    | GMCDX           |
| C000013328 | Class IV     | GMDFX           |
| C000013329 | Class V      |  |
| C000013330 | Class VI     | GMOQX           |
| C000213368 | Class R6     |  |
| C000213369 | Class I      |  |

### GMO Benchmark-Free Allocation Fund (Series ID: S000005485)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000014926 | Class II     |  |
| C000014927 | Class III    | GBMFX           |
| C000109350 | Class IV     | GBMBX           |
| C000110912 | Class MF     |  |
| C000128910 | Class V      |  |
| C000128911 | Class VI     |  |
| C000213372 | Class I      | GBMIX           |
| C000213373 | Class R6     | GBMSX           |

### GMO International Equity Allocation Fund (Series ID: S000005486)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000014929 | Class II     |  |
| C000014930 | Class III    | GIEAX           |
| C000213374 | Class R6     | GSXMX           |
| C000213375 | Class I      |  |

### GMO Global Asset Allocation Fund (Series ID: S000005487)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000014932 | Class II     |  |
| C000014933 | Class III    | GMWAX           |
| C000213376 | Class R6     | GMWRX           |
| C000213377 | Class I      | GMOOX           |

### GMO Global Equity Allocation Fund (Series ID: S000005488)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000014935 | Class II     |  |
| C000014936 | Class III    | GMGEX           |
| C000213378 | Class I      | GAAUX           |
| C000213379 | Class R6     | GMADX           |

### GMO Strategic Opportunities Allocation Fund (Series ID: S000005489)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000014937 | Class III    | GBATX           |

### GMO Global Developed Equity Allocation Fund (Series ID: S000005490)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000014938 | Class III    | GWOAX           |
| C000213380 | Class R6     |  |
| C000213381 | Class I      |  |

### GMO SGM Major Markets Fund (Series ID: S000005494)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000014953 | Class III    | GSMFX           |
| C000014954 | Class IV     | GSMJX           |
| C000014955 | Class V      |  |
| C000014956 | Class VI     | GSMHX           |
| C000213382 | Class I      | GSMKX           |
| C000213383 | Class R6     |  |

### GMO Opportunistic Income Fund (Series ID: S000007516)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000020548 | Class VI     | GMODX           |
| C000137450 | Class III    | GMOHX           |
| C000213384 | Class I      | GMOLX           |
| C000213385 | Class R6     | GAAAX           |

### GMO International Developed Equity Allocation Fund (Series ID: S000012211)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000033342 | Class III    | GIOTX           |
| C000213386 | Class I      |  |
| C000213387 | Class R6     | GAAWX           |

### GMO U.S. Treasury Fund (Series ID: S000025186)

| Class ID   | Class Name             | Ticker Symbol   |
|:---|:---|:---|
| C000075084 | GMO U.S. Treasury Fund | GUSTX           |

### GMO Asset Allocation Bond Fund (Series ID: S000025199)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000075099 | Class III    | GMOBX           |
| C000075103 | Class VI     | GABFX           |
| C000213388 | Class R6     |  |
| C000213389 | Class I      |  |

### GMO Emerging Markets Select Equity Fund (Series ID: S000029579)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000090805 | Class II     | GEDTX           |
| C000090806 | Class III    | GEDSX           |
| C000090807 | Class IV     | GEDIX           |
| C000090808 | Class V      | GEDOX           |
| C000090809 | Class VI     | GEDFX           |
| C000213390 | Class R6     | GEAEX           |
| C000213391 | Class I      | GEDBX           |

### GMO Benchmark-Free Fund (Series ID: S000033464)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000102896 | Class III    | GBFFX           |

### GMO Resources Fund (Series ID: S000034948)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000107485 | Class III    | GOFIX           |
| C000107486 | Class IV     | GOVIX           |
| C000107487 | Class V      |  |
| C000107488 | Class VI     | GMOWX           |
| C000213392 | Class I      | GEACX           |
| C000213393 | Class R6     | GAAHX           |

### GMO Implementation Fund (Series ID: S000036091)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000110451 | GMO Implementation Fund | GIMFX           |

### GMO Climate Change Fund (Series ID: S000056707)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000179795 | Class III    | GCCHX           |
| C000179796 | Class IV     |  |
| C000179797 | Class V      |  |
| C000179798 | Class VI     |  |
| C000213398 | Class I      | GCCLX           |
| C000213399 | Class R6     | GCCAX           |

### GMO High Yield Fund (Series ID: S000061716)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000199927 | Class III    |  |
| C000199928 | Class IV     |  |
| C000199929 | Class V      |  |
| C000199930 | Class VI     | GHVIX           |
| C000213400 | Class I      |  |
| C000213401 | Class R6     |  |

### GMO Alternative Allocation Fund (Series ID: S000065268)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000211299 | Class VI     | GAAVX           |
| C000211300 | Class III    |  |
| C000211301 | Class IV     |  |
| C000211302 | Class V      |  |
| C000213404 | Class II     |  |
| C000213405 | Class R6     | GAAKX           |
| C000213406 | Class I      | GAAGX           |

### GMO U.S. Small Cap Value Fund (Series ID: S000065871)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000212810 | Class VI     | GCAVX           |
| C000212811 | Class V      |  |
| C000212812 | Class I      |  |
| C000212813 | Class IV     |  |
| C000212814 | Class III    |  |
| C000212815 | Class R6     |  |

### GMO Quality Cyclicals Fund (Series ID: S000068925)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000220241 | Class VI     | GMAEX           |
| C000220242 | Class III    | GMANX           |
| C000220243 | Class IV     |  |
| C000220244 | Class V      |  |
| C000220258 | Class R6     |  |
| C000220259 | Class I      | GMAOX           |

### GMO Emerging Country Debt Shares Fund (Series ID: S000068930)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000220256 | Class R6     |  |
| C000220257 | Class I      |  |

### GMO-Usonian Japan Value Creation Fund (Series ID: S000069850)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000222624 | Class V      |  |
| C000222625 | Class III    | GMAKX           |
| C000222626 | Class IV     |  |
| C000222627 | Class VI     | GMAHX           |
| C000222630 | Class I      | GMIIX           |
| C000222631 | Class R6     |  |

### GMO Emerging Markets ex-China Fund (Series ID: S000072426)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000228643 | Class VI     | GMAQX           |
| C000228644 | Class V      |  |
| C000228645 | Class R6     |  |
| C000228646 | Class I      | GMAVX           |
| C000228647 | Class III    | GMAUX           |
| C000228648 | Class II     |  |
| C000228649 | Class IV     |  |

Filed pursuant to Rule 497(e)

File Nos. 002-98772 and 811-04347

**GMO TRUST**

**Supplement dated February 28, 2023, to the<br> GMO Trust Statement of Additional Information, dated June 30, 2022**

Following the resignation of Carolyn Haley, Dina Santoro has been elected as a Trustee and President of GMO Trust by the GMO Trust Board of Trustees.

***The "Independent Trustees" and "Interested Trustee and Officer" sections of the table on page 90 of the SAI are deleted and replaced with the following:***

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Name and Year of Birth** | **Position(s) Held<br> with the Trust** | **Length of<br> Time Served** | **Principal Occupation(s)**<br> **During Past 5 Years<sup>\*</sup>** | **Number<br> of**<br> **Portfolios**<br> **in Fund**<br> **Complex<sup>1</sup>**<br> **Overseen** | **Other<br> Directorships<br> Held in the<br> Past Five<br> Years** |
| **INDEPENDENT TRUSTEES** |  |  |  |  |  |
| Donald W. Glazer<br> YOB: 1944 | Chairman of the Board of Trustees | Chairman of the Board of Trustees since March 2005; Lead Independent Trustee (September 2004-March 2005); Trustee since December 2000. | Consultant – Law and Business; Author of Legal Treatises. | 33 | Director, BeiGene Ltd.(biotech). |
| Peter Tufano <br> YOB: 1957 | Trustee | Since December 2008. | Peter Moores Professor of Finance (Since July 1, 2011) and Peter Moores Dean and Professor of Finance (July 1, 2011 – June 30, 2021) University of Oxford, Said Business School. | 33 |  |
| Paul Braverman<br> YOB: 1949 | Trustee | Since March 2010. | Retired. | 33 | Trustee of HIMCO Variable Insurance Trust (27 Portfolios) (April 2014-April 2019). |
| **INTERESTED TRUSTEE AND OFFICER** |  |  |  |  |  |
| Dina Santoro<sup>2</sup> YOB: 1973 | Trustee; President of the Trust | Trustee and President since February 2023. | Chief Operating Officer, Grantham, Mayo, Van Otterloo & Co. LLC (February 2023 – Present); President, Chief Executive Officer, and Director, Voya Investments, LLC, Voya Capital, LLC, and Voya Funds Services, LLC (September 2022 – December 2022); Director and Senior Vice President, Voya Investments Distributor, LLC (April 2018 –December 2022); Chief Operating Officer, Voya Investment Management (January 2022 –December 2022); Senior Managing Director, Head of Product and Marketing Strategy, Voya Investment Management (September 2017-December 2022). Formerly, President and Director, Voya Investments, LLC and Voya Capital, LLC (March 2018-September 2022); Director, Voya Funds Services, LLC (March 2018-September 2022). | 33 | Voya Separate Portfolios Trust (July 2018 – December 2022) |

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1 The Fund Complex includes series of each of GMO Trust.

2 Ms. Santoro is an "interested person" of the Trust, as such term is used in the 1940 Act (an "Interested Trustee"), by virtue of her positions with the Trust and GMO indicated in the table above and her interest as a member of GMO.

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***The description on page 91 of the SAI of the attributes of the Interested Trustee considered by the Governance Committee is deleted and replaced with the following:***

*Interested Trustee*

Dina Santoro — Ms. Santoro's experience as a senior executive in the asset management industry, including her service as a mutual fund director and chief executive officer, her professional training and experience in business and finance, as well as her perspective on Board matters as a senior executive of GMO.

***The first row of the table entitled "Officers" in the "Management of the Trust" section on page 91 of the SAI is deleted and replaced with the following:***

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| | | | |
|:---|:---|:---|:---|
| **Name and Year of Birth** | **Position(s) Held<br> with the Trust** | **Length <br> of Time Served** | **Principal Occupation(s)<br> During Past 5 Years\*** |
| Dina Santoro<br> YOB: 1973 | Trustee; President of the Trust | Trustee and President since February 2023 | Chief Operating Officer, Grantham, Mayo, Van Otterloo & Co. LLC (February 2023 – Present); President, Chief Executive Officer, and Director, Voya Investments, LLC, Voya Capital, LLC, and Voya Funds Services, LLC (September 2022 – December 2022); Director and Senior Vice President, Voya Investments Distributor, LLC (April 2018 –December 2022); Chief Operating Officer, Voya Investment Management (January 2022 –December 2022); Senior Managing Director, Head of Product and Marketing Strategy, Voya Investment Management (September 2017-December 2022). Formerly, President and Director, Voya Investments, LLC and Voya Capital, LLC (March 2018-September 2022); Director, Voya Funds Services, LLC (March 2018-September 2022). |

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***The "Interested Trustee" subsections of the "Trustee Fund Ownership" tables on pages 95 and 96 of the SAI are deleted and replaced with the following:***

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| | | |
|:---|:---|:---|
| **Name/Funds** | **Dollar Range of<br> Shares Directly Owned<br> in the Funds**  | **Aggregate Dollar Range of Shares Directly <br> Owned in all <br> Registered Investment Companies (whether<br> or not offered in the Prospectus) Overseen by <br> Trustee in Family of Investment Companies** |
| **INTERESTED TRUSTEE** | **INTERESTED TRUSTEE** | **INTERESTED TRUSTEE** |
| **Dina Santoro** | None | None |

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| | | |
|:---|:---|:---|
| **Name/Funds** | **Dollar Range of**<br> **Shares Indirectly Owned in the Funds**  | **Aggregate Dollar Range of Shares Indirectly<br> Owned in all <br> Registered Investment Companies (whether <br> or not offered in the Prospectus) Overseen by <br> Trustee in Family of Investment Companies** |
| **INTERESTED TRUSTEE** | **INTERESTED TRUSTEE** | **INTERESTED TRUSTEE** |
| **Dina Santoro** | None | None |

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***The first sentence of the second paragraph on page 98 of the SAI is deleted and replaced with the following.***

Ms. Santoro does not receive any compensation from the Fund Complex.

***All other references to "Carolyn Haley" are replaced with references to "Dina Santoro".***

**INVESTORS SHOULD RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE**

 ****