Columbia Acorn European Fd Cl A (CAEAX)
Columbia Acorn European Fd Cl A operates in the Asset Management industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $26.53, up 0.00% on the session, giving a market capitalisation of $34.9M. Its beta of 1.26 implies it has historically moved more than the broad market.
The fund seeks to generate long-term capital appreciation for its investors. To achieve this objective, it typically allocates a minimum of 80% of its net assets (including any assets acquired through borrowing for investment purposes) to companies located across Europe. More specifically, at least 70% of its total portfolio is committed to businesses in Western European nations. Additionally, the fund maintains the flexibility to invest up to 30% of its overall holdings in firms within emerging Central and Eastern European markets. Within this Central and Eastern European segment, it may dedicate as much as 10% of its total assets to companies operating in Russia and Ukraine.
Columbia Acorn European Fd Cl A is most often compared with the following Financial Services names: