Columbia Seligman Global Technology Fund Class A (SHGTX)

Overview

The fund focuses on investing primarily in equity securities, allocating its resources to companies deeply entrenched in the technology sector and related fields. It dedicates at least 80% of its net assets, factoring in borrowed investments, towards entities operating within the U.S. and abroad, showcasing a robust commitment to the tech industry. With a global perspective in mind, the fund ensures that a significant share of its investments — at least 40% of its net assets — is directed towards companies that are either based outside of the U.S., participate in non-U.S. markets, or are established under foreign laws. This approach underscores the fund’s aim to tap into the worldwide technology landscape while emphasizing its non-diversified investment strategy, thereby focusing on a concentrated portfolio of technology-related assets.

Products and Services

• Equity Securities of Tech Companies

Investments are primarily made in stocks or equity securities of technology companies and those in related sectors. This includes a broad range of businesses, from software and hardware manufacturers to firms specializing in digital and emerging technologies. The fund seeks out entities with strong growth potential in the U.S. and internationally, reflecting its commitment to capturing the dynamic nature of the tech industry.

• Global Tech Investments

By committing at least 40% of its net assets to companies located outside the U.S., the fund actively participates in global tech markets. This involves investing in companies that are either headquartered internationally, have their securities traded on non-U.S. exchanges, or are incorporated according to the laws of non-U.S. jurisdictions. This strategy allows the fund to diversify its technological investments beyond the American tech landscape, engaging with innovative companies and technologies on a global scale.