Columbia Small Cap Value and Inflection Fund;A

Frequently Asked Questions About COVAX

What does COVAX invest in?

The Fund seeks long-term capital appreciation. The Fund invests at least 80% of its net assets, including the amount of any borrowings for investment purposes, in equity securities of companies that have market capitalizations in the range of the companies in the underlying index at the time of purchase.

What is the expense ratio of COVAX?

Columbia Small Cap Value and Inflection Fund;A (COVAX) charges an expense ratio of 1.20%. This is the annual fee deducted from fund assets to cover management and operations.

How big is COVAX?

Columbia Small Cap Value and Inflection Fund;A (COVAX) manages $823.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is COVAX actively managed or an index fund?

COVAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was COVAX launched?

Columbia Small Cap Value and Inflection Fund;A (COVAX) launched in May 2002 and is managed by Columbia Threadneedle.

How has COVAX performed?

COVAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.