Columbia Select Large Cap Value Fund Wins
Seventh Lipper Fund Award in Six Years, a record in its
category
Five Columbia funds -- Absolute Return Currency & Income
Fund, AMT-Free California Intermediate Muni Bond Fund, Global
Dividend Opportunity Fund, Greater China Fund and Select Large-Cap
Value Fund -- have received 2017 Lipper Fund Awards as
top-performing mutual funds in their respective Lipper
classifications for the period ending December 31, 2016.
- Columbia Absolute Return Currency
& Income Fund (I shares)Absolute Return Funds
classification (158 funds1) – 3 years
- Columbia AMT-Free California
Intermediate Muni Bond Fund (Z shares)California Intermediate
Municipal Debt Funds classification (29 funds1) – 10 years
- Columbia Global Dividend Opportunity
Fund (Z shares)Global Equity Income Funds classification (43
funds1) – 10 years
- Columbia Greater China Fund (Z
shares)China Region Funds classification (33 funds1) – 10
years
- Columbia Select Large-Cap Value Fund
(R5 shares)Large-Cap Value Funds classification (245 funds1) –
10 years
The U.S. Lipper Fund Awards recognize funds for their
consistently strong risk-adjusted three-, five-, and 10-year
performance, relative to their peers, based on Lipper’s proprietary
performance-based methodology2.
This is the sixth consecutive year that Columbia Select
Large-Cap Value Fund has earned a Lipper Award in the Large-Cap
Value category, setting a record for the number of awards received
in this category. The fund received the award for 10-year
performance in 2016 (290 funds), in 2015 (90 funds), 10-year
performance in 2014 (84 funds), for 5-year and 10-year performance
in 2013 (102 funds and 84 funds), and for 5-year performance in
2012 (402 funds).
Additionally, this is the second consecutive year that the
Columbia Greater China Fund and the Columbia AMT-Free California
Intermediate Muni Bond Fund have earned Lipper Awards for 10-year
performance in their respective categories.
“We know investors want strong and repeatable risk-adjusted
returns and we aim to deliver this through an active and consistent
investment approach that is team-based, risk-aware and
performance-driven. We are honored that Lipper has recognized these
five funds for their consistent, risk adjusted performance,” said
Colin Moore, Global Chief Investment Officer.
Past performance does not guarantee future results.
About Columbia Threadneedle Investments:Columbia
Threadneedle Investments is a leading global asset management group
that provides a broad range of investment strategies and solutions
for individual, institutional and corporate clients around the
world.
With more than 2,000 people, including over 450 investment
professionals based in North America, Europe and Asia, we manage
$454 billion3 of assets across developed and emerging market
equities, fixed income, asset allocation solutions and
alternatives.
Columbia Threadneedle Investments is the global asset management
group of Ameriprise Financial, Inc. (NYSE: AMP)
For more information, please visit
https://www.columbiathreadneedleus.com/. Follow us on Twitter
@CTInvest_US.
Performance Chart
Average annualtotal returns as
of12/31/16
1 Year 3 Year 5 Year
10 Year
SinceInception
InceptionDate
Total GrossAnnual
OperatingExpenses4
Columbia AbsoluteReturn Currency
&Income Fund(I shares)
2.40
10.01
4.72
3.48
3.73
6/15/2006
1.29%
Columbia AMT-Free CaliforniaIntermediate
MuniBond Fund(Z shares)
-0.08 3.43 3.02 4.02 3.81
08/19/2002 0.68%
Columbia GlobalDividendOpportunity Fund(Z
shares)
5.89 -0.27 6.95 3.24 8.18
11/09/2000 1.28%
Columbia GreaterChina Fund(Z shares)
-6.18 -0.51 6.33 4.27 8.95
05/16/1997 1.37%
Columbia SelectLarge-Cap ValueFund(R5
shares)
20.75 8.26 15.65 8.09 7.72
04/25/19975 0.84%
Source: Columbia Threadneedle Investments, as of
12/31/16.
Past performance does not guarantee future results.
1 Within the respective Lipper classification.
2 Lipper rankings are based on annualized total returns and do
not reflect sales charges.
3 As of December 31, 2016. Includes all assets managed by
entities in the Columbia and Threadneedle group of companies.
4 The fund’s expense ratio is from the most recent prospectus.
The investment manager and certain of its affiliates have
contractually (for at least twelve months after the date of the
fund prospectus) agreed to waive certain fees and/or to reimburse
certain expenses of the fund.
5 The inception date of Class R5 shares of Columbia Select
Large-Cap Value Fund is 11/30/2001. The returns shown for periods
prior to this date include the returns of the oldest share class of
the fund, adjusted to reflect higher class-related operating
expenses, as applicable. In addition, the returns shown include the
returns of any predecessor to the fund. Please visit
columbiathreadneedle.com/us/investment-products/mutual-funds/appended-performance
for more information.
Class Z shares are sold at net asset value and have limited
eligibility. Columbia Management Investment Distributors, Inc.
offers multiple share classes, not all necessarily available
through all firms, and the share class ratings may vary. Contact us
for details.
Class I shares are available only to other Columbia funds, such
as Columbia Thermostat Fund, a fund-of-funds and are not available
to individual investors.
The performance information shown represents past performance
and is not a guarantee of future results. The investment return and
principal value of an investment will fluctuate so that the shares,
when redeemed, may be worth more or less than their original
cost. Current performance may be lower or higher than the
performance information shown. You may obtain performance
information current to the most recent month-end by visiting
columbiathreadneedle.com/us.
The Lipper Fund Awards are part of the Thomson Reuters Awards
for Excellence, a global family of awards that celebrate
exceptional performance throughout the professional investment
community. The Thomson Reuters Awards for Excellence recognize the
world's top funds, fund management firms, sell-side firms, research
analysts, and investor relations teams. The Thomson Reuters Awards
for Excellence also include the Extel Survey Awards, the StarMine
Analyst Awards, and the StarMine Broker Rankings. For more
information, please contact markets.awards@thomsonreuters.com or
visit excellence.thomsonreuters.com.
Investors should consider the investment objectives, risks,
charges and expenses of a mutual fund carefully before investing.
For a free prospectus or a summary prospectus, which contains this
and other important information about the funds, visit
columbiathreadneedle.com/us. Read the prospectus
carefully before investing.
Columbia Absolute Return Currency & Income Fund: Absolute
return funds are not designed to outperform stocks and bonds in
strong markets. Market risk may affect a single issuer, sector
of the economy, industry or the market as a whole. The fund’s long
and short exposures to currencies, including foreign currencies,
subject the fund to substantial exposure to currency
fluctuations, which can be highly volatile. Numerous factors
can impact the value of a country’s currency, including interest
rates, inflation, and political, market, economic, social and other
conditions such as the perceived or actual ability or willingness
of a sovereign or its instrumentalities to provide support for the
sovereign’s currency. Volatility of currency fluctuations can
result in large one-time fund gains or losses (e.g., the dramatic
one-time appreciation of the Swiss Franc in early 2015), and any
gains may not be sustainable.
Columbia AMT-Free California Intermediate Muni Bond Fund:
Investment risks Fixed-income securities present issuer default
risk. The fund invests substantially in municipal securities
and will be affected by tax, legislative, regulatory, demographic
or political changes, as well as changes impacting a state’s
financial, economic or other conditions. A relatively small number
of tax-exempt issuers may necessitate the fund investing more
heavily in a single issuer and, therefore, be more exposed to the
risk of loss than a fund that invests more broadly. The value of
the fund’s portfolio may be more volatile than a more
geographically diversified fund. Prepayment and
extension risk exists because a loan, bond or other investment
may be called, prepaid or redeemed before maturity and similar
yielding investments may not be available for purchase. A rise in
interest rates may result in a price decline of fixed-income
instruments held by the fund, negatively impacting its performance
and NAV. Falling rates may result in the fund investing in lower
yielding debt instruments, lowering the fund’s income and yield.
These risks may be heightened for longer maturity and duration
securities. Non-investment-grade (high-yield or junk)
securities present greater price volatility and more risk to
principal and income than higher rated securities. Market
risk may affect a single issuer, sector of the economy, industry or
the market as a whole. Federal and state tax rules apply to
capital gain distributions and any gains or losses on sales. Income
may be subject to state or local taxes. Liquidity risk is
associated with the difficulty of selling underlying investments at
a desirable time or price.
Columbia Global Dividend Opportunity Fund: Market risk
may affect a single issuer, sector of the economy, industry or the
market as a whole. International investing involves certain
risks and volatility due to potential political, economic or
currency instabilities and different financial and accounting
standards. Risks are enhanced for emerging market issuers.
Value securities may be unprofitable if the market fails to
recognize their intrinsic worth or the portfolio manager misgauged
that worth. Investing in derivatives is a specialized
activity that involves special risks, which may result in
significant losses or limited gains.
Columbia Greater China Fund: Market risk may
affect a single issuer, sector of the economy, industry or the
market as a whole. International investing involves certain
risks and volatility due to potential political, economic or
currency instabilities and different financial and accounting
standards. Risks are enhanced for emerging market issuers.
Concentration in the Greater China region, where issuers
tend to be less developed than U.S. issuers, presents increased
risk of loss than a fund that does not concentrate its investments.
Investments in small- and mid-cap companies involve risks
and volatility greater than investments in larger, more established
companies. As a non-diversified fund, fewer investments
could have a greater effect on performance.
Columbia Select Large Cap-Value Fund: Market risk
may affect a single issuer, sector of the economy, industry or the
market as a whole. Value securities may be unprofitable if
the market fails to recognize their intrinsic worth or the
portfolio manager misgauged that worth. Investments in a
limited number of companies subject the fund to greater risk
of loss. The fund may invest significantly in issuers within a
particular sector, which may be negatively affected by
market, economic or other conditions, making the fund more
vulnerable to unfavorable developments in the sector.
Investment products are not federally or FDIC-insured, are not
deposits or obligations of, or guaranteed by, any financial
institution and involve investment risks, including possible loss
of principal and fluctuation in value.
Columbia Funds are distributed by Columbia Management Investment
Distributors, Inc., member FINRA. Advisory services provided by
Columbia Management Investment Advisers, LLC.
Columbia Management Investment Distributors, Inc.225 Franklin
Street, Boston, MA 02110-2804
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version on businesswire.com: http://www.businesswire.com/news/home/20170327005654/en/
For Columbia Threadneedle InvestmentsLiz Kennedy,
617-897-9394liz.kennedy@ampf.com
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