| Label | Element | Value | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk/Return [Heading] | oef_RiskReturnHeading | GMO BENCHMARK-FREE ALLOCATION FUND | ||||||||||||
| Objective [Heading] | oef_ObjectiveHeading | Investment objective | ||||||||||||
| Objective, Primary [Text Block] | oef_ObjectivePrimaryTextBlock |
Positive total return.
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| Expense Heading [Optional Text] | oef_ExpenseHeading | Fees and expenses | ||||||||||||
| Expense Narrative [Text Block] | oef_ExpenseNarrativeTextBlock |
The table below describes the fees
and expenses that you may bear for each class of shares if you buy, hold, and sell shares of the Fund. You
may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the table and
example below.
|
||||||||||||
| Operating Expenses Caption [Optional Text] | oef_OperatingExpensesCaption | Annual Fund operating expenses (expenses that you bear each year as a percentage of the value of your investment) | ||||||||||||
| Fee Waiver or Reimbursement over Assets, Date of Termination | oef_FeeWaiverOrReimbursementOverAssetsDateOfTermination | Sep. 30, 2027 | ||||||||||||
| Other Expenses, New Fund, Based on Estimates [Text] | oef_OtherExpensesNewFundBasedOnEstimates | Because ETF Class shares of the Fund are new, “Other expenses” are estimated amounts for the current fiscal year based on the expenses of Class R6 shares of the Fund. | ||||||||||||
| Acquired Fund Fees and Expenses, Based on Estimates [Text] | oef_AcquiredFundFeesAndExpensesBasedOnEstimates | Because ETF Class shares of the Fund are new, “Acquired fund fees and expenses” are estimated amounts for the current fiscal year based on the expenses of Class R6 shares of the Fund. Consists of approximately 0.16% in underlying fund fees and expenses, 0.13% in interest expense and borrowing costs for investments sold short incurred by underlying funds, 0.37% in dividend expenses on short sales incurred by underlying funds and 0.02% in purchase premiums and redemption fees paid to underlying funds. | ||||||||||||
| Expense Example [Heading] | oef_ExpenseExampleHeading | Example | ||||||||||||
| Expense Example Narrative [Text Block] | oef_ExpenseExampleNarrativeTextBlock |
This example is intended to help you
compare the cost of investing in the Fund with the cost of investing in other funds. The example assumes that you invest $10,000 in the
Fund for the time periods indicated, regardless of whether or not you sell your shares at the end of such periods. The example also assumes
that your investment has a 5% return each year and that the Fund’s operating expenses with respect to ETF Class shares remain the
same as those shown in the table. The one year amounts shown reflect applicable expense reimbursements and waivers noted in the expense
table. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
|
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| Portfolio Turnover [Heading] | oef_PortfolioTurnoverHeading | Portfolio turnover | ||||||||||||
| Portfolio Turnover [Text Block] | oef_PortfolioTurnoverTextBlock |
The Fund pays transaction costs, such
as commissions, when it buys and sells securities. A higher portfolio turnover rate may result in higher transaction costs and, for holders
of Fund shares subject to U.S. taxes, higher income taxes. These transaction costs, which are not reflected in Annual Fund operating expenses
or in the Example, affect the Fund’s performance. During its fiscal year ended February 28, 2026, the Fund’s portfolio
turnover rate (excluding short-term investments) was 11%
of the average value of its portfolio securities.
|
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| Portfolio Turnover, Rate | oef_PortfolioTurnoverRate | 11.00% | ||||||||||||
| Strategy [Heading] | oef_StrategyHeading | Principal investment strategies | ||||||||||||
| Strategy Narrative [Text Block] | oef_StrategyNarrativeTextBlock |
The Fund seeks annualized returns
of 5% (net of fees) above the Consumer Price Index and expects annualized volatility (standard deviation) of 5-10%, each over a complete
market cycle. GMO does not manage the Fund to, or control the Fund’s risk relative to, any securities index or securities benchmark.
The Fund is a fund of funds and invests primarily in Implementation Fund, other series of GMO Trust whether now existing or created in
the future, including the Fixed Income Funds and the Alternative Funds, and in GMO-managed exchange-traded funds (collectively, the “underlying
GMO Funds”) (see “Additional Information About the Funds’ Investment Strategies, Risks, and Expenses — Asset
Allocation Funds”).
GMO seeks to achieve the Fund’s
investment objective by investing the Fund’s assets in asset classes GMO believes offer the most attractive risk-adjusted returns.
GMO uses its quantitative multi-year forecasts of returns among asset classes, together with its assessment of the relative risks of such
asset classes, to determine the asset classes in which the Fund invests and how much the Fund invests in each asset
class. An important component of those forecasts is GMO’s expectation
that valuations ultimately revert to their fundamental fair (or intrinsic) value over a complete market cycle. GMO changes the Fund’s
holdings of particular asset classes in response to changes in GMO’s investment outlook and its assessment of market valuations
and may use redemptions or purchases of Fund shares to rebalance the Fund’s investments. The factors GMO considers and investment
methods GMO uses can change over time.
The Fund is permitted to invest in any
asset class (e.g., U.S., non-U.S., and emerging market equity; U.S., non-U.S., and emerging market fixed income (including asset-backed
securities and municipal bonds); and commodities), strategy (e.g., long/short and event-driven strategies), sector, country, or region,
and at times may have substantial exposure to a single asset class, sector, country, region, issuer, or currency and companies with similar
market capitalizations. In addition, the Fund is not restricted in its exposure to any particular market and may invest in securities
of companies of any market capitalization and, in the case of debt instruments, of any credit quality (including below investment grade
securities, commonly referred to as “high yield” or “junk bonds”), maturity and duration. GMO’s ability
to shift investments among asset classes is not subject to any limits.
The Fund typically has substantial exposure
to derivatives and short-sales. Leverage is not a principal component of the Fund’s investment strategy. However, because of its
derivative exposure, the Fund may at times have gross investment exposure in excess of its net assets (i.e., the Fund may be leveraged)
and, therefore, may be subject to higher risk of loss during those times than if the Fund were not leveraged.
In seeking to achieve the Fund’s
investment objective, GMO may invest a significant portion of the Fund’s net assets in cash and cash equivalents. In addition,
the Fund may lend its portfolio securities. The Fund also may invest in U.S. Treasury Fund, in money market funds unaffiliated with GMO,
and directly in the types of investments typically held by money market funds.
The Fund’s ETF Class operates
as an actively managed exchange-traded fund (“ETF”).
|
||||||||||||
| Bar Chart and Performance Table [Heading] | oef_BarChartAndPerformanceTableHeading | Performance | ||||||||||||
| Performance Narrative [Text Block] | oef_PerformanceNarrativeTextBlock |
The
bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund’s annual
total returns from year to year for the periods indicated and by comparing the Fund’s average annual total returns for different
calendar periods with those of the Consumer Price Index, the Bloomberg U.S. Treasury Inflation Notes 1-10 Year Index, and two broad-based
securities market indices. The Fund’s ETF Class
shares are a new class and, as of the date of this Prospectus, had not commenced operations. Returns
shown are those of Class III shares of the Fund, a mutual fund class of shares of the Fund not offered in this Prospectus, and have
not been adjusted to reflect the fees and expenses attributable to ETF Class shares. Class III shares would have substantially
similar annual returns to ETF Class shares because the shares are invested in the same portfolio of securities, and the annual returns
at NAV (assuming ETF Class shares are bought and sold without any premium or discount) would differ only to the extent that Class III
shares do not have the same expenses as ETF Class shares. Prior to January 1, 2012, the Fund served as a principal component of a
broader GMO real return strategy that also included a pooled investment vehicle with a cash-like benchmark. Since January 1, 2012,
the Fund has been managed as a standalone investment. After-tax
returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state
and local taxes. Actual after-tax returns
depend on your tax situation and may differ from those shown. After-tax returns shown are not relevant if you are tax-exempt or if you
hold your Fund shares through tax-advantaged arrangements (such as a 401(k) plan or individual retirement account). After-tax
returns are shown for Class III shares only; after-tax returns for other classes will vary. Updated performance information
for the Fund is available at https://www.gmo.com/americas/investment-capabilities/etfs/.
Past performance (before and after taxes) is not an indication
of future performance.
|
||||||||||||
| Performance Information Illustrates Variability of Returns [Text] | oef_PerformanceInformationIllustratesVariabilityOfReturns | The bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund’s annual total returns from year to year for the periods indicated and by comparing the Fund’s average annual total returns for different calendar periods with those of the Consumer Price Index, the Bloomberg U.S. Treasury Inflation Notes 1-10 Year Index, and two broad-based securities market indices. | ||||||||||||
| Performance One Year or Less [Text] | oef_PerformanceOneYearOrLess | The Fund’s ETF Class shares are a new class and, as of the date of this Prospectus, had not commenced operations. | ||||||||||||
| Performance Availability Website Address [Text] | oef_PerformanceAvailabilityWebSiteAddress | https://www.gmo.com/americas/investment-capabilities/etfs/ | ||||||||||||
| Performance Past Does Not Indicate Future [Text] | oef_PerformancePastDoesNotIndicateFuture | Past performance (before and after taxes) is not an indication of future performance. | ||||||||||||
| Bar Chart [Heading] | oef_BarChartHeading | Annual Total Returns/Class III Shares1 Years Ending December 31 | ||||||||||||
| Bar Chart Footnotes [Text Block] | oef_BarChartFootnotesTextBlock | 1 Returns include a substantial, one-time litigation settlement recovery received on December 16, 2024. This event contributed 2.45% to 2024 annual performance. 2 Returns include a substantial, one-time performance impact from the sale of Russian securities on May 5, 2026. The one-time sale of these securities contributed 0.95% (1-day performance impact). |
||||||||||||
| Bar Chart Closing [Text Block] | oef_BarChartClosingTextBlock |
Highest
Quarter: 7.89%
4Q 2022
Lowest Quarter: -16.05% 1Q 2020 Year-to-Date: 9.33% As of 6/30/20262 |
||||||||||||
| Year to Date Return, Label [Optional Text] | oef_YearToDateReturnLabel | Year-to-Date: | ||||||||||||
| Bar Chart, Year to Date Return, Date | oef_BarChartYearToDateReturnDate | Jun. 30, 2026 | ||||||||||||
| Bar Chart, Year to Date Return | oef_BarChartYearToDateReturn | 9.33% | ||||||||||||
| Highest Quarterly Return, Label [Optional Text] | oef_HighestQuarterlyReturnLabel | Highest Quarter: | ||||||||||||
| Highest Quarterly Return, Date | oef_BarChartHighestQuarterlyReturnDate | Dec. 31, 2022 | ||||||||||||
| Highest Quarterly Return | oef_BarChartHighestQuarterlyReturn | 7.89% | ||||||||||||
| Lowest Quarterly Return, Label [Optional Text] | oef_LowestQuarterlyReturnLabel | Lowest Quarter: | ||||||||||||
| Lowest Quarterly Return, Date | oef_BarChartLowestQuarterlyReturnDate | Mar. 31, 2020 | ||||||||||||
| Lowest Quarterly Return | oef_BarChartLowestQuarterlyReturn | (16.05%) | ||||||||||||
| Performance Table Heading | oef_PerformanceTableHeading | Average Annual Total Returns1 Periods Ending December 31, 2025 | ||||||||||||
| Index No Deduction for Fees, Expenses, or Taxes [Text] | oef_IndexNoDeductionForFeesExpensesTaxes | (returns reflect no deduction for fees or expenses, but are net of withholding tax on dividendreinvestments) | ||||||||||||
| Performance Table Uses Highest Federal Rate | oef_PerformanceTableUsesHighestFederalRate | After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. | ||||||||||||
| Performance Table Not Relevant to Tax Deferred | oef_PerformanceTableNotRelevantToTaxDeferred | Actual after-tax returns depend on your tax situation and may differ from those shown. After-tax returns shown are not relevant if you are tax-exempt or if you hold your Fund shares through tax-advantaged arrangements (such as a 401(k) plan or individual retirement account). | ||||||||||||
| Performance Table One Class of after Tax Shown [Text] | oef_PerformanceTableOneClassOfAfterTaxShown | After-tax returns are shown for Class III shares only; after-tax returns for other classes will vary. | ||||||||||||
| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Risk Lose Money [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock | Many factors can affect this value, and you may lose money by investing in the Fund. | ||||||||||||
| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Risk Not Insured [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock | An investment in the Fund is not a bank deposit and is not insured or guaranteed by the FDIC or any government agency. | ||||||||||||
| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Management and Operational Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Management
and Operational Risk – The Fund runs the risk that GMO’s investment techniques will fail to produce intended results,
including the annualized returns and volatility the Fund is seeking to achieve. Even if the Fund achieves those returns or that volatility
over a market cycle, it may experience shorter periods of significantly lower returns or higher volatility, or both. Over the three-year
period and the period beginning with the inception of the Fund’s current investment strategy (July 23, 2003), in each case
ending December 31, 2025, the Fund’s annualized net return (Class III shares, before taxes) less the Consumer Price Index
was 10.23% and 4.87%, respectively. Over the three-year period and the period beginning July 31, 2003, in each case ending December 31,
2025, the Fund’s annualized net standard deviation (calculated using monthly net returns, before taxes) was 7.07% and 7.68%, respectively.
See also “Performance” below. GMO uses quantitative models as part of its investment process. GMO’s models may not
accurately predict future market movements. In addition, GMO’s models rely on assumptions and data that are subject to limitations
(e.g., inaccuracies, staleness) that could adversely affect their predictive value. The Fund also runs the risk that GMO’s assessment
of an investment, including a security’s fundamental fair (or intrinsic) value, is wrong or that deficiencies in GMO’s or
another service provider’s internal systems or controls will cause losses for the Fund or impair Fund operations.
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| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Market Risk – Equities [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Market
Risk – Equities – The market price of an equity in the Fund’s portfolio may decline due to factors affecting
the issuer or its industry or the economy and equity markets generally. If the Fund purchases an equity for less than its fundamental
fair (or intrinsic) value as assessed by GMO, the Fund runs the risk that the market price of the equity will not appreciate or will decline
(for example, if GMO’s assessment proves to be incorrect or the market fails to recognize the equity’s intrinsic value).
The Fund also may purchase equities that typically trade at higher multiples of current earnings than other securities, and the market
prices of these equities often are more sensitive to changes in future earnings expectations and interest rates than the market prices
of equities trading at lower multiples. Declines in stock market prices generally are likely to reduce the net asset value of the Fund’s
shares.
When the Fund writes put options
on a stock index, the value of those options will decline when the value of that index declines. The value of an index depends on the
value of the equity securities in the index. Also, the Fund’s investment strategy of writing put options on stock indices can be
expected to cause that strategy to underperform relative to those indices when the value of those indices rises sharply.
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| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Non-U.S. Investment Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Non-U.S. Investment Risk –
The market prices of many non-U.S. securities fluctuate more than those of U.S. securities. Many non-U.S. securities markets are less
stable, smaller, less liquid, and less regulated than U.S. securities markets, and the cost of trading in those markets often is higher
than in U.S. securities markets. In addition, non-U.S. securities issuers often are not subject to as much regulation as U.S. issuers,
and the reporting, recordkeeping, accounting, custody, and auditing standards to which those issuers are subject often are not as rigorous
as U.S. standards. In addition, the Fund is subject to taxation by countries other than the United States, including potentially on a
retroactive basis, on (i) capital gains it realizes or dividends, interest, or other amounts it realizes or accrues in respect of
non-U.S. investments; (ii) transactions in those investments; and (iii) repatriation of proceeds generated from the sale or
other disposition of those investments. Also, the Fund needs a license to invest directly in securities traded in many non-U.S. securities
markets, and the Fund is subject to the risk that its license is terminated or suspended. In some non-U.S. securities markets, prevailing
custody and trade settlement practices (e.g., the requirement to pay for securities prior to receipt) expose the Fund to credit and other
risks. Further, adverse changes in investment regulations, capital requirements or exchange controls could adversely affect the value
of the Fund’s investments. The risks above (such as substantial price fluctuations and market instability, illiquidity and lack
of regulation) and other risks (e.g., nationalization, expropriation or other confiscation of assets of non-U.S. issuers, difficulties
enforcing legal judgments or contractual rights and geopolitical risks) tend to be higher for investments in the securities of issuers
tied economically to emerging countries. The economies of emerging countries often depend predominantly on only a few industries or commodities
and often are more volatile than the economies of developed countries.
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| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Market Risk – Fixed Income [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Market
Risk – Fixed Income – The market price of a fixed income investment can decline due to market-related
factors, including rising interest or inflation rates and widening credit spreads, or decreased liquidity due, for example, to market
uncertainty about the value of a fixed income investment (or class of fixed income investments).
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| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Derivatives and Short Sales Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Derivatives
and Short Sales Risk – The use of derivatives involves the risk that their value may not change as expected relative to
changes in the value of the underlying assets, pools of assets, rates, currencies or indices. Derivatives also present other risks, including
market risk, illiquidity risk, currency risk, credit risk, leveraging risk, commodities risk and counterparty risk. The market price of
an option is affected by many factors, including changes in the market prices or dividend rates of underlying securities (or in the case
of indices, the securities in such indices); the time remaining before expiration; changes in interest rates or exchange rates; and changes
in the actual or perceived volatility of the relevant index or underlying securities. The Fund typically creates short investment exposure
by selling securities short or by taking a derivative position in which the value of the derivative moves in the opposite direction from
the price of an underlying asset, pool of assets, rate, currency or index. Specifically, the net asset value of the Fund’s shares
will be adversely affected if the securities or other assets that are the subject of the Fund’s short exposures appreciate in value.
The risk of loss associated with derivatives that provide short investment exposure and short sales of securities is theoretically unlimited.
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| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Smaller Company Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Smaller
Company Risk – Smaller companies may have limited product lines, markets, or financial resources, lack the competitive strength
of larger companies, have less experienced managers or depend on a few key employees. The securities of companies with smaller market
capitalizations often are less widely held and trade less frequently and in lesser quantities, and their market prices often fluctuate
more, than the securities of companies with larger market capitalizations.
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| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Futures Contracts Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Futures
Contracts Risk – The loss to the Fund resulting from its use of futures contracts is potentially unlimited. Futures markets
are highly volatile, and the use of futures contracts increases the volatility of the Fund’s net asset value. A liquid market may
not exist for any particular futures contract at any particular time, and the Fund may be unable when it wishes to terminate its exposure
under that contract. When the Fund uses futures contracts for hedging purposes, it runs the risk that changes in the prices of the contracts
will not correlate perfectly with changes in the securities, index, or other asset underlying the contracts or movements in the prices
of the Fund’s investments that are subject to the hedge. In addition, the Fund may be unable to recover or may be delayed in recovering
margin or other amounts deposited with a futures commission merchant or futures clearinghouse. Foreign futures contracts are often less
liquid and more volatile than U.S. futures contracts.
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| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Credit Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Credit
Risk – The Fund runs the risk that the issuer or guarantor of a fixed income investment (including a sovereign or quasi-sovereign
debt issuer) or the obligor of an obligation underlying an asset-backed security will be unable or unwilling to satisfy its obligation
to pay principal and interest or otherwise to honor its obligations in a timely manner or at all. The market price of a fixed income investment
will normally decline as a result of the failure of an issuer, guarantor, or obligor to meet its payment obligations or in anticipation
of such a failure. Below investment grade investments (commonly referred to as high yield or “junk” bonds) have speculative
characteristics and are subject to greater credit risk than other fixed income investments. Negative changes in economic conditions or
other circumstances are more likely to impair the ability of issuers of below investment grade investments to make principal and interest
payments than issuers of investment grade investments. In addition, investments in emerging country sovereign or quasi-sovereign debt
are subject to a heightened risk that the issuer responsible for repayment of the debt may be unable or unwilling to pay interest and
repay principal when due, and the Fund may lack recourse against the issuer in the event of a default.
Investments in quasi-sovereign debt
also are subject to the risk that the issuer will default independently of its sovereign. Investments in distressed or defaulted or other
low quality debt investments generally are considered speculative and are subject to substantial risks not normally associated with investments
in higher quality securities, including adverse business, financial or economic conditions that lead
to their issuers’ payment defaults and insolvency
proceedings. In particular, distressed or defaulted obligations might be repaid, if at all, only after lengthy workout or bankruptcy proceedings
during which the issuer might not make any interest or other payments, and the Fund may incur additional expenses in its effort to be
repaid. If GMO’s assessment of the eventual recovery value of a distressed or defaulted debt investment proves incorrect, the Fund
may lose a substantial portion or all of its original investment or may be required to accept cash or instruments worth less than its
original investment.
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| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Currency Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Currency
Risk – Fluctuations in exchange rates can adversely affect the market value of the Fund’s foreign currency holdings
and investments denominated in foreign currencies.
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| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Fund of Funds Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Fund
of Funds Risk – The Fund is indirectly exposed to all of the risks of an investment in the underlying funds in which it
invests, including the risk that those underlying funds will not perform as expected.
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| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Commodities Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Commodities
Risk – Commodity prices can be extremely volatile, and exposure to commodities can cause the net asset value of the Fund’s
shares to decline or fluctuate significantly in a rapid and unpredictable manner.
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| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Event-Driven Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Event-Driven
Risk – If the Fund purchases securities in anticipation of a proposed merger, acquisition, exchange offer, tender offer,
or other similar transaction and that transaction later appears likely to be delayed or unlikely to be consummated or, in fact, is not
consummated or is delayed, the market price of the securities purchased by the Fund may decline sharply, resulting in losses to the Fund.
The risk/reward payout of event-driven strategies (such as merger arbitrage) typically is asymmetric, with the losses in failed transactions
often far exceeding the gains in successful transactions. Event-driven strategies are subject to the risk of overall market movements,
and the Fund may experience losses even if a transaction is consummated.
|
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| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Illiquidity Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Illiquidity
Risk – Low trading volume, lack of a market maker, large position size, or legal restrictions increase the risk that the
Fund or an underlying fund is limited or prevented from selling particular securities or closing derivative positions at desirable prices
at a particular time or at all.
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| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Leveraging Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Leveraging
Risk – The use of derivatives, short sales and securities lending can create leverage. Leverage increases the Fund’s
losses when the value of its investments (including derivatives) declines. In addition, the Fund’s portfolio will be leveraged
if it exercises its right to delay payment on a redemption and the value of the Fund’s assets declines between the time a redemption
request is treated as being received by the Fund and the time the Fund liquidates assets to fund that redemption.
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| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Counterparty Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Counterparty
Risk – The Fund runs the risk that the counterparty to a derivatives contract or a clearing member used by the Fund to hold
a cleared derivatives contract is unable or unwilling to make timely settlement payments, return the Fund’s collateral or otherwise
honor its obligations.
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| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Market Disruption and Geopolitical Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Market
Disruption and Geopolitical Risk – Geopolitical and other events (e.g., wars, pandemics, sanctions, terrorism, diplomatic
tensions, dramatic changes in regulatory and/or foreign policy, cyberattacks, and rapid technological developments such as artificial
intelligence) often disrupt securities markets and adversely affect the general economy or particular economies and markets. Those events,
as well as other changes in non-U.S. and U.S. economic and political conditions, could exacerbate other risks or otherwise reduce the
value of the Fund’s investments.
|
||||||||||||
| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Market Risk – Asset-Backed Securities [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Market
Risk – Asset-Backed Securities – The market price of asset-backed securities, like that of other fixed
income investments, can decline for a variety of reasons, including increases in interest rates. In addition, the market price can decrease
due to a reduction in or decrease in the reliability of their payment streams. Payment streams associated with asset-backed securities
held by the Fund depend on many factors (e.g., the cash flow generated by the assets backing the securities, deal structure, and creditworthiness
of any credit-support provider), and a problem in any of these factors can lead to a reduction in the payment stream GMO expected the
Fund to receive when the Fund purchased the asset-backed security. The liquidity of asset-backed securities (particularly below investment
grade asset-backed securities) may change over time. During periods of deteriorating economic conditions, such as recessions, or periods
of rising unemployment, delinquencies and losses generally increase, sometimes dramatically, for asset-backed securities whose underlying
assets consist of loans, sales contracts, receivables and other obligations.
|
||||||||||||
| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Focused Investment Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Focused
Investment Risk – Investments in countries, regions, asset classes, sectors, industries, currencies, or issuers that are
subject to the same or similar risk factors and investments whose market prices are closely correlated are subject to higher overall risk
than investments that are more diversified or whose market prices are not as closely correlated.
|
||||||||||||
| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Large Transactions Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Large
Transactions Risk – To the extent that a large number of shares of the Fund is held by a single shareholder (e.g., an institutional
investor or another GMO Fund) or a group of shareholders with a common investment strategy (e.g., GMO asset allocation accounts), the
Fund is subject to the risk that a redemption by (or caused by) that shareholder or group will require the Fund to sell investments at
disadvantageous prices, disrupt the Fund’s operations, lead to temporary overexposure to the Fund’s intended investment
program or force the Fund’s liquidation. The Fund also may be subject to these effects when a number of shareholders collectively
redeem or sell a large amount of Fund shares.
|
||||||||||||
| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | Value Investing Risk [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Value
Investing Risk – Issuers whose securities GMO believes are undervalued may not realize their business potential, may never
be recognized by the market as being undervalued and/or may be appropriately priced notwithstanding GMO’s assessment. These and
other factors may cause the price of value stocks to decline, resulting in losses to the Fund.
|
||||||||||||
| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | ETF Risks [Member] | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Risk [Text Block] | oef_RiskTextBlock |
ETF Risks – The
Fund’s ETF Class operates as an ETF and, as a result of this structure, ETF Class shares are exposed to the following risks:
•
Costs
of Buying or Selling Shares Risk. Due to the costs of buying or selling the Fund’s ETF Class shares, including
brokerage commissions imposed by brokers and the variance in bid-ask spreads, frequent trading of ETF Class shares may significantly reduce
investment results and an investment in ETF Class shares may not be advisable for investors who anticipate regularly making small investments.
•
Limited
Authorized Participants, Market Makers and Liquidity Providers Risk. Because the Fund’s ETF Class operates
as an ETF, typically only a limited number of institutional investors (known as “Authorized Participants”) are authorized
to purchase and redeem shares ETF Class shares directly from the Fund. Retail investors cannot transact in ETF Class shares directly with
the Fund. In addition, there may be a limited number of market makers and/or liquidity providers in the marketplace to transact in ETF
Class shares, there may be demand for ETF Class shares, thereby increasing the market price above net asset value (“NAV”),
or lack of demand, which may decrease the market price below NAV, or in stressed market conditions, the market for ETF Class shares may
become less liquid in response to deteriorating liquidity in the markets for the Fund’s underlying portfolio holdings. As a result
of these considerations, ETF Class shares may trade at a material premium or discount to their NAV or these factors may, in turn, lead
to wider spreads between the bid and ask price of ETF Class shares. In addition, the ETF Class shares may face possible delisting if:
(i) Authorized Participants exit the business or otherwise become unable to process creation and/or redemption orders and no other
Authorized Participants step forward to perform these services, or (ii) market makers and/or liquidity providers exit the business
or significantly reduce their business activities and no other entities step forward to perform their functions.
•
Trading
Risk. The Fund’s ETF Class shares may trade on the NYSE Arca, Inc. (the “Exchange”) above
(premium) or below (discount) their NAV. In stressed market conditions, the market for ETF Class shares may become less liquid in response
to deteriorating liquidity in the markets for the Fund’s underlying portfolio holdings, which may increase the variance between
the market price of the ETF Class shares and the value of the Fund’s underlying holdings attributable to ETF Class shares. This
can be reflected as a spread between the bid and ask prices for the ETF Class shares quoted during the day or a premium or discount in
the closing price from their NAV. In addition, although the Fund’s ETF Class shares are currently listed on the Exchange, there
can be no assurance that an active trading market for ETF Class shares will develop or be maintained. Trading in ETF Class shares may
be halted due to market conditions or for reasons that, in the view of the Exchange, make trading in ETF Class shares of the Fund inadvisable.
•
Cash
Transactions Risk. The Fund may effect some of its creations and redemptions of ETF Class shares for cash, rather
than in-kind securities. As a result, the Fund may have to sell portfolio securities at inopportune times in order to obtain the cash
needed to meet redemption orders. This may cause the Fund to sell a security and recognize ordinary income, or a capital gain or loss
that might not have been incurred if it had made a redemption in-kind. The use of cash creations and redemptions may also cause the Fund’s
ETF Class shares to trade in the market at wider bid-ask spreads or greater premiums or discounts to their NAV. In effecting creations
and redemptions in ETF Class shares in exchange for cash, the Fund may incur certain costs, including brokerage costs in connection with
investing cash received and may recognize capital gains in connection with cash redemptions, unlike an ETF that effects creations and
redemptions only in-kind. In addition, costs could be imposed on the Fund which would have the effect of decreasing the Fund’s
NAV to the extent the costs are not offset by a transaction fee payable by an Authorized Participant.
•
National
Closed Market Trading Risk. To the extent that the underlying securities or other instruments held by the Fund
trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s ETF Class
shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price
for the underlying security (i.e., the Fund’s quote from the closed foreign market). The impact of a closed foreign market on the
Fund is likely to be greater where a large portion of the Fund’s underlying securities or other instruments trade on that closed
foreign market or when the foreign market is closed for unscheduled reasons. These deviations could result in premiums or discounts to
the NAV of the Fund’s ETF Class shares that may be greater than those experienced by other ETFs.
|
||||||||||||
| GMO Benchmark-Free Allocation Fund | GMO Benchmark-Free Allocation Fund | ETF Class | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Management Fees (as a percentage of Assets) | oef_ManagementFeesOverAssets | 0.80% | [1] | |||||||||||
| Distribution and Service (12b-1) Fees | oef_DistributionAndService12b1FeesOverAssets | 0.00% | ||||||||||||
| Other Expenses (as a percentage of Assets): | oef_OtherExpensesOverAssets | 0.17% | [2] | |||||||||||
| Acquired Fund Fees and Expenses | oef_AcquiredFundFeesAndExpensesOverAssets | 0.68% | [3] | |||||||||||
| Expenses (as a percentage of Assets) | oef_ExpensesOverAssets | 1.65% | ||||||||||||
| Fee Waiver or Reimbursement | oef_FeeWaiverOrReimbursementOverAssets | (0.30%) | [1] | |||||||||||
| Net Expenses (as a percentage of Assets) | oef_NetExpensesOverAssets | 1.35% | ||||||||||||
| Expense Example, with Redemption, 1 Year | oef_ExpenseExampleYear01 | $ 137 | ||||||||||||
| Expense Example, with Redemption, 3 Years | oef_ExpenseExampleYear03 | 491 | ||||||||||||
| Expense Example, with Redemption, 5 Years | oef_ExpenseExampleYear05 | 869 | ||||||||||||
| Expense Example, with Redemption, 10 Years | oef_ExpenseExampleYear10 | $ 1,929 | ||||||||||||
| GMO Benchmark-Free Allocation Fund | Bloomberg U.S. Aggregate Index (reflects no deduction for fees, expenses, or taxes) | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 7.30% | [4] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | (0.36%) | [4] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 2.01% | [4] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 3.28% | [4] | |||||||||||
| GMO Benchmark-Free Allocation Fund | Bloomberg U.S. Treasury Inflation Notes: 1-10 Year Index (returns reflect no deduction for fees, expenses, or taxes) | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 7.47% | [4] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 2.52% | [4] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 3.32% | [4] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 3.57% | [4] | |||||||||||
| GMO Benchmark-Free Allocation Fund | Consumer Price Index (returns reflect no deduction for fees, expenses, or taxes) | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 2.63% | [4] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 4.49% | [4] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 3.20% | [4] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 2.59% | [4] | |||||||||||
| GMO Benchmark-Free Allocation Fund | MSCI World Index (returns reflect no deduction for fees or expenses, but are net of withholding tax on dividend reinvestments) | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 21.09% | [4],[5] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 12.15% | [4],[5] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 12.17% | [4],[5] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 9.46% | [4],[5] | |||||||||||
| GMO Benchmark-Free Allocation Fund | Class III | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Annual Return [Percent] | oef_AnnlRtrPct | 3.40% | ||||||||||||
| Annual Return [Percent] | oef_AnnlRtrPct | 13.04% | ||||||||||||
| Annual Return [Percent] | oef_AnnlRtrPct | (5.35%) | ||||||||||||
| Annual Return [Percent] | oef_AnnlRtrPct | 11.62% | ||||||||||||
| Annual Return [Percent] | oef_AnnlRtrPct | (2.49%) | ||||||||||||
| Annual Return [Percent] | oef_AnnlRtrPct | 2.96% | ||||||||||||
| Annual Return [Percent] | oef_AnnlRtrPct | (2.26%) | ||||||||||||
| Annual Return [Percent] | oef_AnnlRtrPct | 13.40% | ||||||||||||
| Annual Return [Percent] | oef_AnnlRtrPct | 4.27% | ||||||||||||
| Annual Return [Percent] | oef_AnnlRtrPct | 22.87% | ||||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 22.87% | [4],[6] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 7.90% | [4],[6] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 5.82% | [4],[6] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 7.46% | [4],[6] | |||||||||||
| Performance Inception Date | oef_PerfInceptionDate | Jul. 23, 2003 | ||||||||||||
| GMO Benchmark-Free Allocation Fund | Class III | After Taxes on Distributions | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 21.50% | [4],[6] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 6.71% | [4],[6] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 4.79% | [4],[6] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 5.95% | [4],[6] | |||||||||||
| GMO Benchmark-Free Allocation Fund | Class III | After Taxes on Distributions and Sales | ||||||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 14.18% | [4],[6] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 5.90% | [4],[6] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 4.32% | [4],[6] | |||||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 5.66% | [4],[6] | |||||||||||
| ||||||||||||||