- What does CTFAX invest in?
- This fund primarily operates as a "fund of funds," seeking to achieve its investment objectives by strategically deploying its capital across a carefully chosen array of underlying mutual funds and exchange-traded funds (ETFs) that invest in both equities and fixed-income securities. A significant majority, at least 95% of its total net assets (specifically those designated for stocks and bonds), is allocated among these portfolio funds. This allocation adheres to a predefined schedule, which is determined by the current valuation of the Standard & Poor’s (S&P) 500® Index. Additionally, the fund maintains the option to invest up to 5% of its net assets, along with any cash received on a given day, in highly liquid assets such as cash, superior quality short-term debt instruments, and government-issued securities.
- What is the expense ratio of CTFAX?
- Columbia Thermostat Fund (CTFAX) charges an expense ratio of 0.83%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is CTFAX?
- Columbia Thermostat Fund (CTFAX) manages $1.26B 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 CTFAX actively managed or an index fund?
- CTFAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was CTFAX launched?
- Columbia Thermostat Fund (CTFAX) launched in February 2003 and is managed by the fund issuer.
- How has CTFAX performed?
- CTFAX'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.
