Columbia Acorn Emerging Markets Fund
Data updated: 2020-08-26
C000103329 — Columbia Acorn Emerging Markets Fund. China Blend / Core Equity · $32.05M AUM · 2.30% expense ratio. Holdings, fees, performance and SEC filings.
C000103329 Fund Overview
Columbia Acorn Emerging Markets Fund is a US mutual fund managed by Columbia Acorn Trust, categorised as China Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Columbia Acorn Trust
- Category: China Blend / Core Equity
- Assets under management: $32.05M
- 1-year return: -7.4%
- SEC CIK: 0000002110
- SEC series ID: S000033622
- Share class ID: C000103329
C000103329 Investment Objective and Strategy
Columbia Acorn Emerging Markets Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Columbia Acorn Trust.
Investment objective
Columbia Acorn Emerging Markets Fund SM (the Fund) seeks long-term capital appreciation.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowing for investment purposes) in companies located in emerging market countries, including frontier market countries. Emerging market countries are those countries whose economies are developing or emerging from underdevelopment (for example, China, India, Poland and Turkey). Frontier market countries generally have smaller economies and even less developed capital markets than traditional emerging market countries (for example, Vietnam, Colombia, Nigeria and Kazakhstan). For purposes of the Fund's policies, the Fund may invest in a company if (i) it is domiciled in, or the principal trading market for its securities is in, an emerging market country, (ii) it derives 50% or more of its economic value from goods produced, sales made or services performed or has at least 50% of its assets in an emerging market country or countries or (iii) it is a holding company that predominantly holds shares in such companies.
The Fund may invest in a variety of countries, industries and sectors and does not attempt to invest a specific percentage of its assets in any given country, industry or sector. Under normal circumstances, the Fund (i) invests a majority of its net assets in the common stock of small- and mid-sized companies with market capitalizations under $10 billion at the time of initial investment (Focus Stocks) and (ii) may also invest in companies with market capitalizations above $10 billion, provided that immediately after that investment a majority of the Funds net assets would be invested in Focus Stocks. The Fund may continue to hold, and make additional investments in, Focus Stocks whose market capitalizations have grown to exceed $10 billion, regardless of whether the Funds investments in Focus Stocks are a majority of the Funds net assets.
Columbia Wanger Asset Management, LLC, the Fund's investment adviser (the Investment Manager), believes that stocks of small- and mid-sized companies, which generally are not as well known by financial analysts as larger companies, may offer higher return potential than stocks of larger companies. The Fund takes advantage of the Investment Manager's research and stock-picking capabilities to initially invest in a limited number of companies (generally under 100), offering the potential to provide above-average growth over time. Generally, the Investment Manager will determine which countries are emerging market countries by reference to the countries included in the MSCI Emerging Markets SMID Cap Index (Net). In addition, the Fund may invest in certain developing market countries that are not included in the MSCI Emerging Markets SMID Cap Index (Net), but which are included on another independent third-party listing of emerging market and/or frontier market countries.
The Investment Manager will make all determinations as to whether a company is an emerging market company at the time of investment. The Investment Manager typically seeks companies with: A strong business franchise that offers growth potential. Products and services in which the company has a competitive advantage. A stock price the Investment Manager believes is reasonable relative to the assets and earning power of the company. The Investment Manager may sell a portfolio holding if the security reaches the Investment Manager's price target, if the company has a deterioration of fundamentals, such as failing to meet key operating benchmarks, or if the Investment Manager believes other securities are more attractive. The Investment Manager also may sell a portfolio holding to fund redemptions.
C000103329 Performance
Total returns for C000103329 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -7.4% |
C000103329 Risk Information
Risk metrics for C000103329, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 32.6%
C000103329 Costs and Fees
C000103329 costs about $230 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.30%
- Gross expense ratio: 2.88%
- Portfolio turnover: 31%
- Brokerage commissions: 10.61 bps of average net assets (SEC N-CEN)
C000103329 Cashflows
Over the 12 months to 2020-06, Columbia Acorn Emerging Markets Fund had net outflows of $22.57M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-06 | −$993.23K |
| 2020-05 | −$985.26K |
| 2020-04 | −$5.58M |
| 2020-03 | −$6.22M |
| 2020-02 | −$788.42K |
| 2020-01 | −$789.87K |
C000103329 Debt Constituents
No individual debt constituents are reported in Columbia Acorn Emerging Markets Fund's latest SEC N-PORT filing.
C000103329 Prospectus and SEC Filings
Official Columbia Acorn Emerging Markets Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-05-15
- Prospectus (485BPOS) — filed 2019-05-14
- Prospectus (485BPOS) — filed 2018-05-17
- Portfolio holdings (N-PORT) — filed 2020-08-26
- Portfolio holdings (N-PORT) — filed 2020-05-28
- Portfolio holdings (N-PORT) — filed 2020-02-25
- Annual census (N-CEN) — filed 2020-03-13
- Annual census (N-CEN) — filed 2019-03-15
Related Funds
Other China Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.