Columbia Seligman Global Technology Fund Class C (SHTCX)

Overview

The described fund is an investment vehicle that focuses on capital allocation into the technology sector and technology-related industries, globally. It seeks to leverage the growth and innovation in these sectors by investing a significant portion of its assets in equity securities, both in the United States and internationally. The fund adheres to a specific investment strategy where at least 80% of its net assets, including borrowed funds for investment purposes, are allocated towards companies operating within tech and related fields. Furthermore, to ensure a global exposure and diversification outside the U.S., the fund commits at least 40% of its net assets to companies based outside the U.S. These companies must either have their principal place of business abroad, engage in substantial business activities overseas, be listed on non-U.S. stock exchanges, or be established under foreign laws. Despite its global reach and sector-focused approach, the fund operates as a non-diversified entity, which may involve a higher level of risk and potential for greater returns due to its concentrated investment in the technology sector.

Products and Services

• Equity Securities Investment

  The fund primarily invests in equity securities, including stocks of companies operating in the technology and technology-related sectors. This encompasses a wide range of businesses involved in the development, production, and distribution of technology goods and services. It provides investors with exposure to the growth potential of the tech industry.

• Global Investment Strategy

  A key feature of the fund's investment approach is its commitment to diversifying its portfolio by investing at least 40% of its net assets in non-U.S. companies. This global investment strategy aims at identifying and capitalizing on technology growth opportunities not just in the United States but also internationally, thereby potentially enhancing the fund's returns and mitigating country-specific risks.

• Non-diversified Fund Structure

  Despite its global investment mandate, the fund operates as a non-diversified fund. This means it can concentrate its investments in a smaller number of issuers or markets compared to diversified funds. While this may increase the risk of volatility and loss, it also allows the fund to potentially achieve higher returns by focusing on sectors or regions it expects to outperform.