- What does SMGIX invest in?
- The Columbia Contrarian Core Fund generally allocates at least 80% of its total net assets, encompassing any borrowed funds, to common equity holdings. Furthermore, under typical market conditions, a minimum of 80% of its net assets are invested in U.S.-based companies with significant market capitalizations, generally exceeding $2 billion. The fund's manager targets these U.S. firms specifically because they are believed to be undervalued, while also offering solid prospects for sustained growth and recurring income. The fund also retains the option to dedicate up to 20% of its net assets to non-U.S. securities.
- What is the expense ratio of SMGIX?
- Columbia Contrarian Core Fund (SMGIX) charges an expense ratio of 0.73%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is SMGIX?
- Columbia Contrarian Core Fund (SMGIX) is one share class of a fund that manages $18.78B across all of its share classes (CCCRX, COFYX, LCCCX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is SMGIX actively managed or an index fund?
- SMGIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SMGIX's is 0.73%) in exchange for the discretion to over- or under-weight positions.
- When was SMGIX launched?
- Columbia Contrarian Core Fund (SMGIX) launched in December 1992 and is managed by Columbia Threadneedle.
- How has SMGIX performed?
- SMGIX'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.
