- What does CTCAX invest in?
- 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.
- What is the expense ratio of CTCAX?
- Columbia Global Technology Growth Fund (CTCAX) charges an expense ratio of 1.16%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is CTCAX?
- Columbia Global Technology Growth Fund (CTCAX) manages $5.71B 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 CTCAX actively managed or an index fund?
- CTCAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was CTCAX launched?
- Columbia Global Technology Growth Fund (CTCAX) launched in October 2002 and is managed by the fund issuer.
- How has CTCAX performed?
- CTCAX'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.
