Funds in multiple categories awarded
BOSTON--(BUSINESS WIRE)--
Five Columbia funds have received 2015 Lipper Fund Awards as
top-performing mutual funds in their respective Lipper classifications
for the period ending December 31, 2014:
- Columbia Select Large-Cap Value Fund (R5 shares)
Large-Cap
Value Funds classification (90 funds1) – 10 years
- Columbia Greater China Fund (Z shares)
China Region Funds
classification (11 funds1) – 10 years
- Columbia Global Technology Growth Fund (Z shares)
Science
& Technology Funds classification (39 funds1) – 3 years
- Columbia Contrarian Core Fund (Z shares)
Large-Cap Core
Funds classification (177 funds1) – 10 years
- Columbia AMT-Free California Intermediate Muni Bond Fund (Z shares)
California
Intermediate Municipal Debt Funds classification (13 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.
Past performance does not guarantee future results.
“We are pleased to have five funds recognized by Lipper for their
consistent, risk adjusted performance,” said Colin Moore, Global Chief
Investment Officer. “The awards underscore the importance ColumbiaThreadneedle Investments places on rigorous research and a disciplined
investment process in the service of our clients.”
This is the fourth consecutive year that Columbia Select Large-Cap Value
Fund has earned a Lipper Award in the Large-Cap Value category. The fund
received the award for 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).
About Columbia Threadneedle Investments:
ColumbiaThreadneedle Investments is a leading global asset management group that
provides a broad range of actively managed investment strategies and
solutions for individual, institutional and corporate clients around the
world.
With more than 2000 people including over 450 investment professionals
based in North America, Europe and Asia, we manage $506 billion(as
of 12/31/14)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 columbiathreadneedle.com/us.
Follow us on Twitter @CTInvest_US.
|
|
Performance Chart |
Average annual total returns as of 12/31/14 |
|
| 1 Year |
| 3 Year |
| 5 Year |
| 10 Year |
| Since Inception |
| Inception Date |
| Total Gross Annual Operating Expenses5 |
Columbia Select Large-Cap Value Fund (R5 shares3)
|
|
|
12.17
|
|
18.56
|
|
16.33
|
|
8.71
|
|
8.37
|
| 04/25/19974 |
|
1.00%
|
Columbia Greater China Fund (Z shares)
|
|
|
10.83
|
|
9.09
|
|
7.33
|
|
11.98
|
|
10.59
|
| 05/16/1997 |
|
1.34%
|
Columbia Global Technology Growth Fund (Z shares)
|
|
|
16.14
|
|
22.51
|
|
19.09
|
|
11.21
|
|
5.93
|
| 11/09/2000 |
|
1.19%
|
Columbia Contrarian Core Fund (Z shares)
|
|
|
15.97
|
|
19.15
|
|
17.02
|
|
10.58
|
|
9.63
|
| 12/14/1992 |
|
.87%
|
Columbia AMT- Free California Intermediate Muni Bond
Fund (Z shares)
|
|
|
5.12
|
|
3.48
|
|
4.87
|
|
4.44
|
|
4.20
|
| 08/19/2002 |
|
.71%
|
|
|
| |
| |
| |
| |
| |
| |
| |
Source: Columbia Threadneedle Investments, as of 12/31/14.
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 Class Z an R 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.
4 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 columbiamanagement.com/institutional/strategies-and-products/appended-performance
for more information.
5 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.
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 investment manager and certain of its affiliates have
contractually (for at least the current fiscal year) and/or voluntarily
agreed to waive certain fees and/or to reimburse certain expenses of the
Fund, as described in the Fund's prospectus, unless sooner terminated.
Contractual waivers/reimbursements may be discontinued before their
stated end date at the sole discretion of the Fund’s board and voluntary
waivers/reimbursement arrangements, if any, may be discontinued at any
time.The Fund’s returns reflect the effect of any fee
waivers and/or reimbursements of Fund expenses. Without such fee
waivers/expense reimbursements, the Fund’s returns would have been lower.
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 Select Large Cap-Value Fund: The market value of
securities may fall, fail to rise, or fluctuate, sometimes rapidly and
unpredictably. Market risk may affect a single issuer, sector of the
economy, industry, or the market as a whole. Value securities involve
the risk that they may never reach what the portfolio managers believe
is their full market value either because the market fails to recognize
the stock's intrinsic worth or the portfolio managers misgauged that
worth. They also may decline in price, even though in theory they are
already undervalued. Because the Fund may hold a limited number of
securities, the Fund as a whole is subject to greater risk of loss if
any of those securities declines in price.
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 Global Technology Growth Fund: Market risk may affect a
single issuer, sector of the economy, industry or the market as a whole.
The products of technology companies may be subject to severe
competition and rapid obsolescence, and technology stocks may be subject
to greater price fluctuations. Growth securities, at times, may not
perform as well as value securities or the stock market in general and
may be out of favor with investors. Foreign investments subject the fund
to risks, including political, economic, market, social and others
within a particular country, as well as to currency instabilities and
less stringent financial and accounting standards generally applicable
to U.S. issuers. Risks are enhanced for emerging market issuers. As a
non-diversified fund, fewer investments could have a greater effect on
performance.
Columbia Contrarian Core Fund: Market risk may affect a single
issuer, sector of the economy, industry or the market as a whole.
Foreign investments subject the fund to risks, including political,
economic, market, social and others within a particular country, as well
as to currency instabilities and less stringent financial and accounting
standards generally applicable to U.S. issuers. Growth securities, at
times, may not perform as well as value securities or the stock market
in general and may be out of favor with investors. Value securities may
be unprofitable if the market fails to recognize their intrinsic worth
or the portfolio manager misgauged that worth. 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.
Columbia AMT-Free California Intermediate Muni Bond Fund:
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 as a loan, bond or other investment may be
called, prepaid or redeemed before maturity and that 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 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
AdTrax 1158289
© 2015 Columbia Management Investment Advisers, LLC. All rights reserved.

For Columbia Threadneedle Investments:
Carlos Melville,
617-897-9384
carlos.melville@ampf.com
Source: Columbia Threadneedle Investments