Columbia Seligman Global Technology Fund Institutional 2 Class (SGTTX)
Columbia Seligman Global Technology Fund Institutional 2 Class operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Minneapolis, MN, US. The stock last traded at $146.12, up 0.01% on the session, giving a market capitalisation of $4.79B. Its beta of 1.71 implies it has historically moved more than the broad market.
The Columbia Seligman Global Technology Fund strives to generate significant capital appreciation for investors over the long term. To achieve this objective, the fund typically allocates at least 80% of its entire portfolio (which can include capital acquired through borrowing) to the stock of companies, both domestic and international, that operate within the technology industry or related fields. Furthermore, a substantial portion, specifically a minimum of 40% of its net assets, is dedicated to non-U.S. businesses. These are identified either by their principal place of business, their core operational activities being outside the United States, their securities being listed on non-U.S. exchanges, or their legal formation under foreign laws. It's also notable that this fund is categorized as non-diversified.
Columbia Seligman Global Technology Fund Institutional 2 Class is most often compared with the following Financial Services names: