<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> 043
<NAME> GMO Growth Fund, Class III
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-2001
<PERIOD-END> AUG-31-2000
<INVESTMENTS-AT-COST> 159,306,584
<INVESTMENTS-AT-VALUE> 205,695,592
<RECEIVABLES> 2,154,270
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 207,849,862
<PAYABLE-FOR-SECURITIES> 5,861,694
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 18,335,513
<TOTAL-LIABILITIES> 24,197,207
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 90,437,014
<SHARES-COMMON-STOCK> 36,046,249
<SHARES-COMMON-PRIOR> 41,348,373
<ACCUMULATED-NII-CURRENT> 27,251
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 46,799,382
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 46,389,008
<NET-ASSETS> 183,652,655
<DIVIDEND-INCOME> 532,271
<INTEREST-INCOME> 169,172
<OTHER-INCOME> 0
<EXPENSES-NET> (444,596)
<NET-INVESTMENT-INCOME> 256,847
<REALIZED-GAINS-CURRENT> 47,063,226
<APPREC-INCREASE-CURRENT> (26,346,249)
<NET-CHANGE-FROM-OPS> 20,973,824
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (289,063)
<DISTRIBUTIONS-OF-GAINS> (14,555,331)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 69,236
<NUMBER-OF-SHARES-REDEEMED> (8,572,875)
<SHARES-REINVESTED> 3,201,515
<NET-CHANGE-IN-ASSETS> (21,009,141)
<ACCUMULATED-NII-PRIOR> 59,467
<ACCUMULATED-GAINS-PRIOR> 14,291,487
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 305,660
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 502,372
<AVERAGE-NET-ASSETS> 183,738,535
<PER-SHARE-NAV-BEGIN> 4.95
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 0.57
<PER-SHARE-DIVIDEND> (0.01)
<PER-SHARE-DISTRIBUTIONS> (0.43)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 5.09
<EXPENSE-RATIO> 0.48
</TABLE>
