Magnetometric and ferromagnetic resonance (MFR) measurements have been performed on the polycrystalline multilayered structure, [Gd(7.5 nm)/Co(3nm)]20. The temperature dependence of magnetization of the sample suggests a compensation temperature Tcomp in the region of 240K, implying that the Co and Gd layers are antiferromagnetically aligned. The FMR curves are strongly temperature dependent, particularly in the vicinity of Tcomp.