Columbia Seligman Technology and Information Fund Institutional 2 Class

Frequently Asked Questions About SCMIX

What does SCMIX invest in?

This fund aims to generate capital appreciation for its investors. Typically, the portfolio dedicates a minimum of 80% of its net assets to securities of companies involved in technology and information. The adviser concentrates these investments on businesses operating within the information technology and communications services sectors, as defined by a global industry classification standard (which may be updated periodically), along with other closely related industries. Up to 25% of the fund's net assets may be allocated to international holdings. The fund operates as a non-diversified investment vehicle.

What is the expense ratio of SCMIX?

Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) charges an expense ratio of 0.87%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SCMIX?

Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) manages $29.54B 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 SCMIX actively managed or an index fund?

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

When was SCMIX launched?

Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) launched in November 2001 and is managed by the fund issuer.

How has SCMIX performed?

SCMIX'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.