Columbia Global Strategic Equity Fund
Data updated: 2020-06-23
C000122573 — Columbia Global Strategic Equity Fund. Money Market · $541.29M AUM · 0.90% expense ratio. Holdings, fees, performance and SEC filings.
C000122573 Fund Overview
Columbia Global Strategic Equity Fund is a US mutual fund managed by Columbia Funds Series Trust, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Columbia Funds Series Trust
- Category: Money Market
- Assets under management: $541.29M
- SEC CIK: 0001097519
- SEC series ID: S000010785
- Share class ID: C000122573
C000122573 Investment Objective and Strategy
Columbia Global Strategic Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Columbia Funds Series Trust.
Investment objective
Columbia Global Strategic Equity Fund (the Fund) seeks capital appreciation.
Principal investment strategy
Under normal circumstances, the Fund invests most of its net assets in shares of equity mutual funds and exchange-traded funds (ETFs) managed by Columbia Management Investment Advisers, LLC (the Investment Manager) or its affiliates (Columbia Funds), and third party advised funds (collectively, Underlying Funds). Under normal circumstances, the Fund invests at least 80% of its net assets (including borrowings for investment purposes) in equity securities. For purposes of the Funds 80% policy, equity securities include common stocks, preferred stocks, securities convertible into common stocks, American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) and shares of Underlying Funds that principally invest in such securities. The Fund and Underlying Funds may invest in companies of any size.
Companies may be selected for investment based on growth or value style investing or through quantitative methods. Under normal circumstances, the Fund invests, directly and/or indirectly through Underlying Funds, at least 40% of its net assets in foreign currencies, and equity and debt securities of foreign governmental issuers, issuers organized or located outside the U.S., issuers that primarily trade in a market located outside the U.S., and/or issuers doing a substantial amount of business outside the U.S., which the Fund considers to be issuers that derive at least 50% of their revenue or profits from business outside the U.S., or have at least 50% of their sales or assets outside the U.S., or Underlying Funds that invest at least 40% of their net assets in foreign currencies or such non-U.S.
securities. This 40% minimum investment amount may be reduced to 30% if market conditions for these investments or specific foreign markets are deemed unfavorable. Direct and indirect foreign investments may include investments in emerging market countries. The Fund may also invest in fixed-income, money market and alternative strategies Underlying Funds, as well as invest directly in equity and fixed income securities, including Treasury Inflation Protected Securities (TIPS), and derivatives, such as futures. The Funds commodity-related derivatives exposure may only be achieved indirectly through investment in Underlying Funds. The Fund may invest significantly in any individual Underlying Fund(s). The Investment Manager uses asset allocation as its principal investment approach and accesses the broader investment resources of the Investment Manager and its affiliate, Threadneedle Investments (Threadneedle), to develop both top down thematic views as well as bottom-up securities insight.
The Fund and certain Underlying Funds may from time to time emphasize one or more economic sectors in selecting their investments. The Fund may invest in Underlying Funds that invest in special situations such as companies involved in initial public offerings, tender offers, mergers and other corporate restructurings, and in companies involved in management changes or companies developing new technologies. The Investment Manager can modify the list of Underlying Funds and types of instruments in which the Fund invests, or the asset categories, at any time, including by adding Underlying Funds introduced after the date of this prospectus without the approval of or notice to Fund shareholders.
C000122573 Holdings
Top 10 holdings of Columbia Global Strategic Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Columbia Disciplined Value Fund | 10.12% |
| Columbia Select Large Cap Equity Fund | 9.96% |
| Columbia Overseas Value Fund | 8.96% |
| Columbia Select Global Equity Fund | 8.23% |
| Columbia Emerging Markets Fund | 8.23% |
| Columbia Contrarian Europe Fund | 7.92% |
| Columbia Global Technology Growth Fund | 5.63% |
| Columbia Dividend Income Fund | 5.48% |
| Columbia Global Infrastructure Fund | 3.81% |
| Columbia Large Cap Growth Fund | 3.73% |
C000122573 Portfolio Allocation
Asset-class allocation of Columbia Global Strategic Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.8% |
| Cash & Equivalents | 0.2% |
C000122573 Costs and Fees
C000122573 costs about $90 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.90%
- Gross expense ratio: 0.90%
- Portfolio turnover: 17%
- Brokerage commissions: 1.11 bps of average net assets (SEC N-CEN)
C000122573 Cashflows
Over the 12 months to 2020-04, Columbia Global Strategic Equity Fund had net outflows of $39.69M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-04 | −$5.51M |
| 2020-03 | −$8.43M |
| 2020-02 | −$6.15M |
| 2020-01 | −$5.30M |
| 2019-12 | $15.30M |
| 2019-11 | −$5.01M |
C000122573 Debt Constituents
No individual debt constituents are reported in Columbia Global Strategic Equity Fund's latest SEC N-PORT filing.
C000122573 Prospectus and SEC Filings
Official Columbia Global Strategic Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-06-04
- Prospectus (485BPOS) — filed 2019-06-04
- Prospectus (485BPOS) — filed 2018-06-14
- Portfolio holdings (N-PORT) — filed 2020-06-23
- Portfolio holdings (N-PORT) — filed 2020-03-26
- Portfolio holdings (N-PORT) — filed 2019-12-26
- Annual census (N-CEN) — filed 2020-04-13
- Annual census (N-CEN) — filed 2019-04-12
Related Funds
Other Money Market 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.