Columbia Global Technology Growth Fund (CTCAX)
Columbia Global Technology Growth Fund operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $130.55, down 0.03% on the session, giving a market capitalisation of $5.92B. Its beta of 1.37 implies it has historically moved more than the broad market.
This fund's investment strategy mandates that a minimum of 80% of its net assets, a calculation that encompasses any capital borrowed for investment purposes, be allocated to equity securities. Such holdings typically comprise common stocks, preferred stocks, and instruments convertible into either common or preferred shares. The fund specifically targets enterprises within the technology sector that are poised to capitalize on advancements, innovations, or improvements in technology. Furthermore, at the point of purchase, at least 25% of the fund's total net assets are committed to issuers whose primary business operations fall within the technology industry and its closely associated sectors.
Columbia Global Technology Growth Fund is most often compared with the following Financial Services names: