<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from GMO Trust, form
N-SAR for the period ended August 31, 2000
and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 083
<NAME> GMO Value Fund, Class III
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-2001
<PERIOD-END> AUG-31-2000
<INVESTMENTS-AT-COST> 233,649,352
<INVESTMENTS-AT-VALUE> 233,386,010
<RECEIVABLES> 985,024
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 234,371,034
<PAYABLE-FOR-SECURITIES> 93,012
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13,701,007
<TOTAL-LIABILITIES> 13,794,019
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 219,255,012
<SHARES-COMMON-STOCK> 24,050,402
<SHARES-COMMON-PRIOR> 22,348,335
<ACCUMULATED-NII-CURRENT> 605,619
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 979,726
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (263,342)
<NET-ASSETS> 220,577,015
<DIVIDEND-INCOME> 2,772,336
<INTEREST-INCOME> 86,880
<OTHER-INCOME> 0
<EXPENSES-NET> (642,452)
<NET-INVESTMENT-INCOME> 2,216,764
<REALIZED-GAINS-CURRENT> 4,406,294
<APPREC-INCREASE-CURRENT> 31,015,206
<NET-CHANGE-FROM-OPS> 37,638,264
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,611,145)
<DISTRIBUTIONS-OF-GAINS> (8,651,705)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,356,503
<NUMBER-OF-SHARES-REDEEMED> (698,479)
<SHARES-REINVESTED> 1,044,043
<NET-CHANGE-IN-ASSETS> 42,247,530
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 5,225,137
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 484,472
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 696,456
<AVERAGE-NET-ASSETS> 208,925,854
<PER-SHARE-NAV-BEGIN> 7.98
<PER-SHARE-NII> 0.10
<PER-SHARE-GAIN-APPREC> 1.53
<PER-SHARE-DIVIDEND> (0.07)
<PER-SHARE-DISTRIBUTIONS> (0.37)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 9.17
<EXPENSE-RATIO> 0.61
</TABLE>
