GMO Trust
FYE 2/28/11
Annual Expense Ratios
Fund Name	Core	Class 3	Class 4	Class 5	Class 6
Alpha Only			0.61%
Alternative Asset Opportunity Fund		0.61%
Asset Allocation Bond Fund					0.34%
Currency Hedged International Equity Fund		0.70%
Domestic Bond Fund					0.12%
Emerging Country Debt Fund			0.61%
Emerging Markets Fund					0.89%
Flexible Equities Fund					0.61%
Inflation Indexed Plus Bond Fund					0.33%
International Core Equity Fund					0.44%
International Growth Equity Fund			0.59%
International Intrinsic Value Fund			0.59%
International Small Companies Fund		0.76%
Quality Fund					0.39%
Short-Duration Collateral Fund	0.01%
Short-Duration Investment Fund		0.22%
Special Purpose Holdings Fund	10.17%
Special Purpose Vehicle Fund	18.11%
Special Situations Fund					0.44%
Strategic Fixed Income Fund					0.32%
U.S. Core Equity Fund					0.37%
U.S. Growth Fund		0.46%
U.S. Small/Mid Cap Growth Fund		0.46%
U.S. Small/Mid Cap Value Fund		0.46%
World Opportunity Overlay Fund		0.03%