<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> 263
<NAME> GMO Global Balanced Allocation Fund, Class III
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-2001
<PERIOD-END> AUG-31-2000
<INVESTMENTS-AT-COST> 131,349,547
<INVESTMENTS-AT-VALUE> 127,648,516
<RECEIVABLES> 3,689
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 127,652,205
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 14,301
<TOTAL-LIABILITIES> 14,301
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 128,292,720
<SHARES-COMMON-STOCK> 11,179,672
<SHARES-COMMON-PRIOR> 11,050,953
<ACCUMULATED-NII-CURRENT> 2,022,439
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,023,776
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,701,031)
<NET-ASSETS> 127,637,904
<DIVIDEND-INCOME> 2,025,357
<INTEREST-INCOME> 303
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 2,025,660
<REALIZED-GAINS-CURRENT> 2,955,897
<APPREC-INCREASE-CURRENT> 4,095,491
<NET-CHANGE-FROM-OPS> 9,077,048
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,385,582)
<DISTRIBUTIONS-OF-GAINS> (292,887)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 777,591
<NUMBER-OF-SHARES-REDEEMED> (783,669)
<SHARES-REINVESTED> 134,797
<NET-CHANGE-IN-ASSETS> 8,563,315
<ACCUMULATED-NII-PRIOR> 1,382,361
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (1,639,234)
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 21,712
<AVERAGE-NET-ASSETS> 123,649,853
<PER-SHARE-NAV-BEGIN> 10.78
<PER-SHARE-NII> 0.18
<PER-SHARE-GAIN-APPREC> 0.61
<PER-SHARE-DIVIDEND> (0.12)
<PER-SHARE-DISTRIBUTIONS> (0.03)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.42
<EXPENSE-RATIO> 0.00
</TABLE>
