BOSTON--(BUSINESS WIRE)--
Columbia Core Bond ETF (NYSE Arca: GMTB) today announced that its
previously disclosed per share net asset value (NAV) for August 25, 2015
contained errors greater than 1%. The errors resulted from a technology
issue at the ETF’s unaffiliated administrator, The Bank of New York
Mellon (BoNY Mellon). Information regarding the corrected NAV is as
follows:
|
|
| |
|
| |
|
| |
|
| |
|
| |
|
Fund Name
| | |
Ticker
| | |
Exchange
| | |
CUSIP
| | |
Incorrect NAV
| | |
Correct NAV
|
Columbia Core Bond ETF
| | |
GMTB
| | |
NYSE Arca
| | |
19761R802
| | | $49.48 | | | $51.51 |
| | | | | | | | | | | | | | |
|
Within the Columbia fund family, BoNY Mellon acts as the administrator
solely for Columbia’s five ETFs. No other Columbia funds are impacted by
the technology issues at BoNY Mellon.
ETF shares are not individually redeemable. Investors buy and sell
shares on a secondary market. Only market makers or “authorized
participants” may trade directly with the ETF, typically in blocks of
50,000 shares.
The ETF is subject to market risk, interest-rate risk, credit risk
and potential loss of the principal amount invested. The ETF is actively
managed and ETF shares may trade above or below their net asset value.
The trading price of ETF shares may deviate significantly from net asset
value during periods of market volatility. Shares are not FDIC insured,
may lose value and have no bank guarantee.
An investor should consider investment objectives, risks, charges and
expenses carefully before investing. The ETF’s prospectus contains this
and other important information. For more complete information about the
ETF or to obtain a prospectus, call 800-774-3768 or visit www.columbiathreadneedleetf.com.
Please read the ETF prospectus carefully before investing.
Columbia Management Investment Advisers, LLC serves as the investment
manager to Columbia Core Bond ETF. Columbia Core Bond ETF is distributed
by ALPS Distributors, Inc., which is not affiliated with Columbia
Management Investment Advisers, LLC, or its parent company Ameriprise
Financial, Inc. Columbia Threadneedle Investments is the global brand
name of the Columbia and Threadneedle group of companies.
© 2015 Columbia Management Investment Advisers, LLC. All rights
reserved.AdTrax 1284132 COL000266 8/16
View source version on businesswire.com: http://www.businesswire.com/news/home/20150827005854/en/
Columbia Management Investment Advisers, LLC
Carlos
Melville, 617-897-9384
carlos.melville@ampf.com
Source: Columbia Management Investment Advisers, LLC