Columbia Select Mid Cap Value Fund (NAMBX)

Overview

The described fund is dedicated to investing primarily in equity securities, specifically targeting companies that are perceived as undervalued yet possess a substantial potential for long-term growth. This investment strategy focuses on finding companies with market capitalizations that fall within the range of those listed in the Russell Midcap® Value Index at the time of purchase. The investment approach underscores a commitment to value investing, aiming to capitalize on the growth potential of mid-cap companies that the investment manager believes are currently undervalued in the market.

Products and Services

• Equity Securities of Mid-cap Companies

  The fund invests at least 80% of its net assets, along with any borrowed funds for investment purposes, in the equity securities of mid-cap companies. These are companies that have market capitalizations within the range of the Russell Midcap® Value Index at the time of purchase. By focusing on companies considered to be undervalued and projected for long-term growth, the fund seeks to offer its investors a promising avenue for potential financial gains.

• Foreign Securities Investment

  Up to 20% of the fund's total assets may be allocated to investments in foreign securities. This diversification strategy allows the fund to tap into international markets, potentially enhancing the fund's performance by capitalizing on global investment opportunities that meet its criteria for undervalued assets with growth prospects.

• Common Stocks and Real Estate Investment Trusts (REITs)

  In addition to investing in the common stocks of mid-cap companies, the fund also has the flexibility to invest in real estate investment trusts (REITs). This inclusion broadens the investment portfolio’s scope, potentially offering additional avenues for investment and growth. REITs often provide dividends as well as the possibility for capital appreciation, aligning with the fund's goal of identifying assets that are undervalued but have a trajectory for long-term growth.