GMO Trust
FYE 2/28/06
Attachment Filed in Response to Form N-SAR Sub-Item 77P
Monthly Purchases, Redemptions, and Exchanges (000's omitted)
		Exchanges		Exchanges
March	Purchases	In	Redemptions	Out
Fund Name
GMO International Intrinsic Value Fund	276106	28079	164510	514
GMO Short-Duration Investment Fund	587	300	0	0
GMO Tobacco-Free Core Fund	452	0	0	0
GMO International Small Companies Fund	3754	0	122686	29656
GMO U.S. Sector Fund	0	0	0	0
GMO Emerging Markets Fund	5329	0	52780	30594
GMO International Bond Fund	7876	140	2700	0
GMO Emerging Country Debt Fund	8560	0	7564	59
GMO Alpha Only Fund	15366	454	411	0
GMO Domestic Bond Fund	4772	28	379	0
GMO Currency Hedged International Bond Fund	23320	743	267	0
GMO Currency Hedged International Equity Fund	18551	1970	350	200
GMO Global Bond Fund	3	0	0	0
GMO Real Estate Fund	14658	0	2753	15
GMO Foreign Fund	175725	33	49583	142159
GMO Global Balanced Asset Allocation Fund	27837	3	1826	47
GMO International Equity Allocation Fund	11	0	1003	0
GMO Global (U.S.+) Equity Allocation Fund	2043	0	160	0
GMO Inflation Indexed Bond Fund	2636	778	629	4
GMO Core Plus Bond Fund	65427	1857	150	0
GMO Emerging Countries Fund	4299	0	9020	400
GMO Emerging Markets Quality Fund	24833	322	459	75
GMO Tax-Managed U.S. Equities Fund	59	0	525	0
GMO Tax-Managed International Equities Fund	7661	350	6097	0
GMO Emerging Country Debt Share Fund	5710	0	3519	0
GMO Tax-Managed Small/Mid Cap Fund	0	0	2648	0
GMO Foreign Small Companies Fund	0	0	120	21
GMO Taiwan Fund	9261	0	0	0
GMO Short-Duration Collateral Fund	123850	0	54950	0
GMO Benchmark-Free Allocation Fund	456	232	93	0
GMO U.S. Quality Equity Fund	83103	1965	1218	0
GMO Global Growth Fund	7434	0	0	0
GMO World Opportunity Overlay Fund	23440	0	0	0
		Exchanges		Exchanges
April	Purchases	In	Redemptions	Out
Fund Name
GMO International Intrinsic Value Fund	254889	3228	59827	0
GMO Short-Duration Investment Fund	530	0	627	0
GMO Tobacco-Free Core Fund	1225	0	2000	0
GMO International Small Companies Fund	9715	0	94521	6480
GMO U.S. Sector Fund	0	0	0	0
GMO Emerging Markets Fund	114152	0	109221	3441
GMO International Bond Fund	30454	0	3092	0
GMO Emerging Country Debt Fund	12789	0	19144	51204
GMO Alpha Only Fund	13401	94096	1	0
GMO Domestic Bond Fund	3762	0	162	10000
GMO Currency Hedged International Bond Fund	96226	0	74	10005
GMO Currency Hedged International Equity Fund	45358	0	2	0
GMO Global Bond Fund	244	0	0	0
GMO Real Estate Fund	10026	0	1310	0
GMO Foreign Fund	175007	0	117344	14
GMO Global Balanced Asset Allocation Fund	52432	0	12402	0
GMO International Equity Allocation Fund	92	0	319	0
GMO Global (U.S.+) Equity Allocation Fund	247	0	98	0
GMO Inflation Indexed Bond Fund	12766	0	2610	110255
GMO Core Plus Bond Fund	101914	10	0	0
GMO Emerging Countries Fund	3851	0	3680	0
GMO Emerging Markets Quality Fund	50685	1089	5	16
GMO Tax-Managed U.S. Equities Fund	0	0	666	0
GMO Tax-Managed International Equities Fund	12852	0	261	0
GMO Emerging Country Debt Share Fund	1975	0	1689	0
GMO Tax-Managed Small/Mid Cap Fund	0	0	1496	0
GMO Foreign Small Companies Fund	0	0	29	29
GMO Taiwan Fund	703	0	18690	0
GMO Short-Duration Collateral Fund	328050	0	57480	0
GMO Benchmark-Free Allocation Fund	112	194	0	0
GMO U.S. Quality Equity Fund	71744	0	6106	0
GMO Alternative Asset Opportunity Fund	0	100000	0	0
GMO World Opportunity Overlay Fund	54025	0	0	0
		Exchanges		Exchanges
May	Purchases	In	Redemptions	Out
Fund Name
GMO International Intrinsic Value Fund	198620	6725	16892	1046
GMO Short-Duration Investment Fund	0	0	0	0
GMO Tobacco-Free Core Fund	0	0	0	0
GMO International Small Companies Fund	4165	0	101863	19291
GMO U.S. Sector Fund	0	0	0	0
GMO Emerging Markets Fund	31405	15	34945	23
GMO International Bond Fund	2327	10	652	0
GMO Emerging Country Debt Fund	5242	0	12138	4425
GMO Aplha Only Fund	21986	105342	0	479
GMO Domestic Bond Fund	300	0	952	175
GMO Currency Hedged International Bond Fund	37848	1062	1690	2481
GMO Currency Hedged International Equity Fund	15044	1598	2800	0
GMO Global Bond Fund	0	0	0	0
GMO Real Estate Fund	2793	0	51750	56
GMO Foreign Fund	298721	15	98130	0
GMO Global Balanced Asset Allocation Fund	47983	0	968	0
GMO International Equity Allocation Fund	3	7	1029	0
GMO Global (U.S.+) Equity Allocation Fund	0	0	86	0
GMO Inflation Indexed Bond Fund	51	312	49133	152659
GMO Core Plus Bond Fund	76539	46975	9	24
GMO Emerging Countries Fund	3251	0	2694	0
GMO Emerging Markets Quality Fund	18300	0	202	0
GMO Tax-Managed U.S. Equities Fund	6951	0	0	0
GMO Tax-Managed International Equities Fund	20762	2	139	0
GMO Emerging Country Debt Share Fund	2776	0	69	0
GMO Tax-Managed Small/Mid Cap Fund	0	0	0	0
GMO Foreign Small Companies Fund	5000	0	8000	0
GMO Taiwan Fund	20221	0	0	0
GMO Short-Duration Collateral Fund	216297	0	185491	0
GMO Benchmark-Free Allocation Fund	42	136	656	0
GMO U.S. Quality Equity Fund	109893	4262	1006	0
GMO World Opportunity Overlay Fund	153101	0	0	0
GMO Alternative Asset Opportunity Fund	1000	15743	0	0
GMO Strategic Balanced Allocation Fund	5247	0	0	0
		Exchanges		Exchanges
June	Purchases	In	Redemptions	Out
Fund Name
GMO International Intrinsic Value Fund	138408	0	80603	44007
GMO Short-Duration Investment Fund	556	2	363	16
GMO Tobacco-Free Core Fund	1225	0	1905	0
GMO International Small Companies Fund	6163	0	19122	803
GMO U.S. Sector Fund	0	0	6995	0
GMO Emerging Markets Fund	62506	500	41321	3854
GMO International Bond Fund	23338	10572	916	55
GMO Emerging Country Debt Fund	16679	3374	8928	27837
GMO Alpha Only Fund	18385	58504	890	851
GMO Domestic Bond Fund	19328	0	140584	176801
GMO Currency Hedged International Bond Fund	14187	1024	1384	3170
GMO Currency Hedged International Equity Fund	5870	0	1901	1872
GMO Global Bond Fund	2276	0	0	0
GMO Real Estate Fund	3236	0	2213	2567
GMO Foreign Fund	38350	0	14174	0
GMO Global Balanced Asset Allocation Fund	9583	2	1127	0
GMO International Equity Allocation Fund	78771	0	2064	0
GMO Global (U.S.+) Equity Allocation Fund	0	0	46788	0
GMO Inflation Indexed Bond Fund	895	0	3551	52517
GMO Core Plus Bond Fund	127735	154053	740	500
GMO Emerging Countries Fund	4072	0	2400	554
GMO Emerging Markets Quality Fund	21862	0	0	0
GMO Tax-Managed U.S. Equities Fund	131	0	35	0
GMO Tax-Managed International Equities Fund	3659	0	1882	0
GMO Emerging Country Debt Share Fund	5138	0	334	0
GMO Tax-Managed Small/Mid Cap Fund	0	0	0	0
GMO Foreign Small Companies Fund	0	0	10000	0
GMO Taiwan Fund	22847	0	20283	0
GMO Short-Duration Collateral Fund	457375	0	400980	0
GMO Benchmark-Free Allocation Fund	8	1	18	0
GMO U.S. Quality Equity Fund	55064	125197	5591	3034
GMO Alternative Asset Opportunity Fund	700	24195	0	0
GMO World Opportunities Equity Allocation Fund	1	37503	0	0
GMO World Opportunity Overlay Fund	73100	0	0	0
GMO Strategic Balanced Allocation Fund	55540	0	0	0
		Exchanges		Exchanges
July	Purchases	In	Redemptions	Out
Fund Name
GMO International Intrinsic Value Fund	170919	23284	23259	45296
GMO Short-Duration Investment Fund	0	0	7	0
GMO Tobacco-Free Core Fund	225	0	0	0
GMO International Small Companies Fund	821	200	18326	8068
GMO U.S. Sector Fund	0	0	1500	0
GMO Emerging Markets Fund	524018	0	553385	0
GMO International Bond Fund	4327	1100	2419	0
GMO Emerging Country Debt Fund	58348	0	68948	0
GMO Alpha Only Fund	21675	0	14	0
GMO Domestic Bond Fund	342425	0	340384	0
GMO Currency Hedged International Bond Fund	18848	0	4930	0
GMO Currency Hedged International Equity Fund	3633	625	571	0
GMO Global Bond Fund	0	0	1167	0
GMO Real Estate Fund	187	350	115	88
GMO Foreign Fund	116268	0	3998	46348
GMO Global Balanced Asset Allocation Fund	40858	0	1818	0
GMO International Equity Allocation Fund	0	0	2850	0
GMO Global (U.S.+) Equity Allocation Fund	1500	0	251	0
GMO Inflation Indexed Bond Fund	25619	175	715	0
GMO Core Plus Bond Fund	1750442	0	1689706	0
GMO Emerging Countries Fund	3100	0	2027	0
GMO Emerging Markets Quality Fund	19487	0	0	0
GMO Tax-Managed U.S. Equities Fund	2000	0	126	0
GMO Tax-Managed International Equities Fund	1435	0	50	0
GMO Emerging Country Debt Share Fund	3989	0	77	0
GMO Tax-Managed Small/Mid Cap Fund	0	0	0	0
GMO Foreign Small Companies Fund	900	0	5000	0
GMO Taiwan Fund	16583	0	0	0
GMO Short-Duration Collateral Fund	99736	0	86210	0
GMO Benchmark-Free Allocation Fund	13	20	8339	0
GMO U.S. Quality Equity Fund	130247	8882	115007	100
GMO World Opportunity Overlay Fund	15600	0	1500	0
GMO World Opportunities Equity Allocation Fund	24000	0	0	0
GMO Strategic Balanced Allocation Fund	14100	0	285	0
		Exchanges		Exchanges
August	Purchases	In	Redemptions	Out
Fund Name
GMO International Intrinsic Value Fund	176843	307	212238	2917
GMO Short-Duration Investment Fund	31	7	243	0
GMO Tobacco-Free Core Fund	225	0	2	0
GMO International Small Companies Fund	250	0	16524	590
GMO U.S. Sector Fund	2369	0	3000	0
GMO Emerging Markets Fund	36530	7	87868	697
GMO International Bond Fund	970	0	345	0
GMO Emerging Country Debt Fund	8028	0	26710	34640
GMO Alpha Only Fund	169766	130690	6	0
GMO Domestic Bond Fund	92	1391	296	205
GMO Currency Hedged International Bond Fund	6	0	120223	115773
GMO Currency Hedged International Equity Fund	19842	0	109991	73520
GMO Global Bond Fund	0	0	1000	0
GMO Real Estate Fund	7728	0	3491	0
GMO Foreign Fund	12640	0	33338	0
GMO Global Balanced Asset Allocation Fund	15791	0	5953	0
GMO International Equity Allocation Fund	0	0	88	0
GMO Global (U.S.+) Equity Allocation Fund	2162	0	34	0
GMO Inflation Indexed Bond Fund	31118	14487	16	2046
GMO Core Plus Bond Fund	86760	6497	71	40
GMO Emerging Countries Fund	5436	0	3334	0
GMO Emerging Markets Quality Fund	32010	250	3845	0
GMO Tax-Managed U.S. Equities Fund	0	0	692	0
GMO Tax-Managed International Equities Fund	18566	0	1305	420
GMO Emerging Country Debt Share Fund	2795	0	903	0
GMO Tax-Managed Small/Mid Cap Fund	0	0	0	0
GMO Foreign Small Companies Fund	0	0	6	0
GMO Taiwan Fund	13746	0	0	0
GMO Short-Duration Collateral Fund	111847	0	275575	0
GMO Benchmark-Free Allocation Fund	29	0	1	0
GMO U.S. Quality Equity Fund	227165	30174	13888	750
GMO Alternative Asset Opportunity Fund	0	300	0	0
GMO World Opportunity Overlay Fund	28500	0	48400	0
GMO World Opportunities Equity Allocation Fund	86020	0	0	0
GMO Strategic Balanced Allocation Fund	8	0	0	0
GMO Developed World Stock Fund	78000	0	0	0
		Exchanges		Exchanges
September	Purchases	In	Redemptions	Out
Fund Name
GMO International Intrinsic Value Fund	116107	0	71473	14
GMO Short-Duration Investment Fund	0	0	155	208
GMO Tobacco-Free Core Fund	3328	99	0	0
GMO International Small Companies Fund	6225	0	38070	12105
GMO U.S. Sector Fund	0	0	0	0
GMO Emerging Markets Fund	86803	0	89802	37
GMO International Bond Fund	12449	0	40399	277
GMO Emerging Country Debt Fund	3965	0	7895	120
GMO Alpha Only Fund	538475	307	0	0
GMO Domestic Bond Fund	17734	0	5777	0
GMO Currency Hedged International Bond Fund	11012	0	7336	28
GMO Currency Hedged International Equity Fund	38496	0	1250	0
GMO Global Bond Fund	1500	0	200	0
GMO Real Estate Fund	4664	0	11930	21
GMO Foreign Fund	35184	0	97521	17
GMO Global Balanced Asset Allocation Fund	319203	296	818	0
GMO International Equity Allocation Fund	0	0	69	0
GMO Global (U.S.+) Equity Allocation Fund	0	0	2410	0
GMO Inflation Indexed Bond Fund	2654	596	1630	11
GMO Core Plus Bond Fund	173411	87	11274	0
GMO Emerging Countries Fund	32165	0	24631	0
GMO Emerging Markets Quality Fund	36503	0	11642	0
GMO Tax-Managed U.S. Equities Fund	500	0	0	0
GMO Tax-Managed International Equities Fund	35450	0	3274	0
GMO Emerging Country Debt Share Fund	2640	0	121	0
GMO Tax-Managed Small/Mid Cap Fund	500	0	43	0
GMO Foreign Small Companies Fund	0	0	260	11
GMO Taiwan Fund	2508	0	230	0
GMO Short-Duration Collateral Fund	197170	0	63600	0
GMO Benchmark-Free Allocation Fund	329	91	60	0
GMO U.S. Quality Equity Fund	126088	36244	8913	1000
GMO World Opportunities Equity Allocation Fund	15000	88	0	0
GMO World Opportunity Overlay Fund	36050	0	7700	0
GMO Alternative Asset Opportunity Fund	12627	0	0	0
GMO Strategic Balanced Allocation Fund	185592	0	0	0
GMO Developed World Stock Fund	125000	0	0	0
		Exchanges		Exchanges
October	Purchases	In	Redemptions	Out
Fund Name
GMO International Intrinsic Value Fund	199630	0	47464	38335
GMO Short-Duration Investment Fund	0	0	0	12
GMO Tobacco-Free Core Fund	225	0	0	0
GMO International Small Companies Fund	22	0	334	951
GMO U.S. Sector Fund	0	0	0	0
GMO Emerging Markets Fund	1320103	0	1352434	2499
GMO International Bond Fund	467	0	6377	0
GMO Emerging Country Debt Fund	9715	0	917	7145
GMO Alpha Only Fund	11497	11432	84	0
GMO Domestic Bond Fund	280	0	2074	0
GMO Currency Hedged International Bond Fund	56	0	2006	0
GMO Currency Hedged International Equity Fund	8000	0	32	0
GMO Global Bond Fund	250	0	0	0
GMO Real Estate Fund	0	0	125	21
GMO Foreign Fund	257737	0	261206	0
GMO Global Balanced Asset Allocation Fund	36307	0	1471	0
GMO International Equity Allocation Fund	0	0	1	0
GMO Global (U.S.+) Equity Allocation Fund	0	0	694	0
GMO Inflation Indexed Bond Fund	28788	0	33	0
GMO Core Plus Bond Fund	155210	0	18	0
GMO Emerging Countries Fund	4144	0	9097	0
GMO Emerging Markets Quality Fund	13236	19665	0	0
GMO Tax-Managed U.S. Equities Fund	324	0	0	0
GMO Tax-Managed International Equities Fund	7176	0	469	0
GMO Emerging Country Debt Share Fund	2251	0	9318	0
GMO Tax-Managed Small/Mid Cap Fund	0	0	0	0
GMO Foreign Small Companies Fund	0	0	739	0
GMO Taiwan Fund	1256	0	1500	0
GMO Short-Duration Collateral Fund	170600	0	61655	0
GMO Benchmark-Free Allocation Fund	259	0	32	500
GMO U.S. Quality Equity Fund	233651	8428	9913	0
GMO World Opportunity Overlay Fund	25900	0	3300	0
GMO Alternative Asset Opportunity Fund	0	0	29	0
GMO Strategic Balanced Allocation Fund	14552	0	0	0
GMO Developed World Stock Fund	22575	0	0	0
		Exchanges		Exchanges
November	Purchases	In	Redemptions	Out
Fund Name
GMO International Intrinsic Value Fund	242848	2270	126160	12771
GMO Short-Duration Investment Fund	2	0	0	7
GMO Tobacco-Free Core Fund	225	0	8000	0
GMO International Small Companies Fund	81	0	33716	72254
GMO U.S. Sector Fund	15000	0	0	0
GMO Emerging Markets Fund	7186	6	51465	8687
GMO International Bond Fund	4045	0	174	5
GMO Emerging Country Debt Fund	8285	0	24474	36845
GMO Alpha Only Fund	28606	121155	330050	0
GMO Domestic Bond Fund	425	0	213	0
GMO Currency Hedged International Bond Fund	13789	0	2299	97450
GMO Currency Hedged International Equity Fund	6796	0	4844	15490
GMO Global Bond Fund	0	0	0	0
GMO Real Estate Fund	0	0	69	650
GMO Foreign Fund	21485	29	17804	0
GMO Global Balanced Asset Allocation Fund	42402	0	3338	0
GMO International Equity Allocation Fund	4	0	2473	0
GMO Global (U.S.+) Equity Allocation Fund	1471	0	1986	0
GMO Inflation Indexed Bond Fund	46150	2013	619	0
GMO Core Plus Bond Fund	128582	28863	0	800
GMO Emerging Countries Fund	4216	1300	1252	0
GMO Emerging Markets Quality Fund	33282	1300	0	0
GMO Tax-Managed U.S. Equities Fund	0	0	0	0
GMO Tax-Managed International Equities Fund	3302	0	978	0
GMO Emerging Country Debt Share Fund	2510	0	264	0
GMO Tax-Managed Small/Mid Cap Fund	0	0	0	0
GMO Foreign Small Companies Fund	0	0	482	0
GMO Taiwan Fund	3761	0	404	0
GMO Short-Duration Collateral Fund	197150	0	133825	0
GMO Benchmark-Free Allocation Fund	6	0	19	0
GMO U.S. Quality Equity Fund	88562	77219	35007	7
GMO World Opportunity Overlay Fund	41700	0	22000	0
GMO Alternative Asset Opportunity Fund	1	0	55	0
GMO Strategic Balanced Allocation Fund	15879	0	0	0
GMO Developed World Stock Fund	7000	0	1500	0
		Exchanges		Exchanges
December	Purchases	In	Redemptions	Out
Fund Name
GMO International Intrinsic Value Fund	172389	1	62545	13601
GMO Short-Duration Investment Fund	40	44	1	0
GMO Tobacco-Free Core Fund	1300	70	1000	10
GMO International Small Companies Fund	2404	11	61305	975
GMO U.S. Sector Fund	6	1	0	0
GMO Emerging Markets Fund	627	18	121668	8273
GMO International Bond Fund	274	0	556	12977
GMO Emerging Country Debt Fund	6045	191	33540	470
GMO Alpha Only Fund	32532	37648	41243	403
GMO Domestic Bond Fund	27837	243	1341	154
GMO Currency Hedged International Bond Fund	50677	648	6374	232
GMO Currency Hedged International Equity Fund	27440	345	73	7
GMO Global Bond Fund	1600	8	0	0
GMO Real Estate Fund	9	0	54463	3399
GMO Foreign Fund	55054	36	50540	14
GMO Global Balanced Asset Allocation Fund	20644	94	8266	24
GMO International Equity Allocation Fund	25	1	9500	5
GMO Global (U.S.+) Equity Allocation Fund	21	4	2057	11
GMO Inflation Indexed Bond Fund	78133	781	363	69
GMO Core Plus Bond Fund	157816	503	333	854
GMO Emerging Countries Fund	5343	7	3069	9
GMO Emerging Markets Quality Fund	28313	3	28122	60
GMO Tax-Managed U.S. Equities Fund	0	0	1000	0
GMO Tax-Managed International Equities Fund	8332	2885	11392	1
GMO Emerging Country Debt Share Fund	3245	0	581	0
GMO Tax-Managed Small/Mid Cap Fund	0	0	700	0
GMO Foreign Small Companies Fund	0	0	220	86
GMO Taiwan Fund	3719	0	0	0
GMO Short-Duration Collateral Fund	271485	0	93125	0
GMO Benchmark-Free Allocation Fund	1497	359	1220	4
GMO U.S. Quality Equity Fund	121088	3690	9929	314
GMO Global Growth Fund	20	0	0	1
GMO Alternative Asset Opportunity Fund	16610	0	20	216
GMO Strategic Balanced Allocation Fund	25	12	5253	0
GMO World Opportunity Overlay Fund	47600	0	0	0
GMO World Opportunities Equity Allocation Fund	13862	0	0	0
GMO Developed World Stock Fund	58561	0	0	0
		Exchanges		Exchanges
January	Purchases	In	Redemptions	Out
Fund Name
GMO International Intrinsic Value Fund	133236	0	55608	13220
GMO Short-Duration Investment Fund	0	0	20	0
GMO Tobacco-Free Core Fund	227	0	0	0
GMO International Small Companies Fund	16	0	44295	8609
GMO U.S. Sector Fund	10033	0	300	0
GMO Emerging Markets Fund	3377	5064	197029	20144
GMO International Bond Fund	712	402	4060	7
GMO Emerging Country Debt Fund	6291	0	35275	6776
GMO Alpha Only Fund	51396	9920	22387	1927
GMO Domestic Bond Fund	54	0	6933	16
GMO Currency Hedged International Bond Fund	93	0	16640	6
GMO Currency Hedged International Equity Fund	10498	0	2250	12592
GMO Global Bond Fund	0	0	0	0
GMO Real Estate Fund	24	0	74464	459
GMO Foreign Fund	73281	20016	61640	0
GMO Global Balanced Asset Allocation Fund	22273	100	11071	0
GMO International Equity Allocation Fund	3	0	1580	0
GMO Global (U.S.+) Equity Allocation Fund	920	0	806	0
GMO Inflation Indexed Bond Fund	59821	2748	9129	0
GMO Core Plus Bond Fund	123439	0	13438	0
GMO Emerging Countries Fund	11193	0	33954	2
GMO Emerging Markets Quality Fund	11606	0	40	16
GMO Tax-Managed U.S. Equities Fund	29117	0	105	774
GMO Tax-Managed International Equities Fund	45698	1014	3187	0
GMO Emerging Country Debt Share Fund	6006	0	129	0
GMO Tax-Managed Small/Mid Cap Fund	0	0	0	145
GMO Foreign Small Companies Fund	20000	0	28949	11285
GMO Taiwan Fund	0	0	5004	0
GMO Short-Duration Collateral Fund	188500	0	81825	0
GMO Benchmark-Free Allocation Fund	4383	45	21695	27
GMO U.S. Quality Equity Fund	179247	4401	5821	1689
GMO Developed World Stock Fund	1	0	0	0
GMO World Opportunity Overlay Fund	24000	0	16250	0
GMO World Opportunites Equity Allocation Fund	121976	18741	0	0
GMO Strategic Balanced Allocation Fund	53793	0	8472	0
		Exchanges		Exchanges
February	Purchases	In	Redemptions	Out
Fund Name
GMO International Intrinsic Value Fund	276750	18539	196419	15920
GMO Short-Duration Investment Fund	22	0	51	17
GMO Tobacco-Free Core Fund	255	0	2000	0
GMO International Small Companies Fund	6243	0	77991	14613
GMO U.S. Sector Fund	0	0	3001	0
GMO Emerging Markets Fund	1427958	25923	1637727	70470
GMO International Bond Fund	537	0	8142	184
GMO Emerging Country Debt Fund	72467	7250	100760	0
GMO Alpha Only Fund	112286	45818	2770	0
GMO Domestic Bond Fund	101	0	6058	0
GMO Currency Hedged International Bond Fund	0	27	1760	0
GMO Currency Hedged International Equity Fund	4804	500	103	0
GMO Global Bond Fund	198	0	0	0
GMO Real Estate Fund	0	0	81644	22
GMO Foreign Fund	619426	35013	632572	0
GMO Global Balanced Asset Allocation Fund	40854	12668	29760	0
GMO International Equity Allocation Fund	26	0	2866	0
GMO Global (U.S.+) Equity Allocation Fund	1246	0	0	0
GMO Inflation Indexed Bond Fund	113209	8364	5363	36
GMO Core Plus Bond Fund	95468	3048	72773	0
GMO Emerging Countries Fund	10551	0	25307	0
GMO Emerging Markets Quality Fund	6000	15	15282	670
GMO Tax-Managed U.S. Equities Fund	22	0	1634	0
GMO Tax-Managed International Equities Fund	19286	0	11160	0
GMO Emerging Country Debt Share Fund	7042	0	5	0
GMO Tax-Managed Small/Mid Cap Fund	7500	0	878	0
GMO Foreign Small Companies Fund	11000	0	134804	40200
GMO Taiwan Fund	0	0	6367	0
GMO Short-Duration Collateral Fund	118450	0	144250	0
GMO Benchmark-Free Allocation Fund	31	9	1535	0
GMO U.S. Quality Equity Fund	129325	18019	106885	0
GMO Alternative Asset Opportunity Fund	1663	600	322	0
GMO World Opportunity Overlay Fund	12500	0	10300	0
GMO World Opportunites Equity Allocation Fund	64580	0	0	0
GMO Strategic Balanced Allocation Fund	25227	0	1	12668