Three Columbia Funds Earn Lipper Fund Awards
February 28 2018 - 9:00AM
Business Wire
Columbia Select Large Cap Value Fund Wins
Eighth Lipper Fund Award in Seven Years, a record in its
category
Three Columbia funds have received 2017 Lipper Fund Awards as
high-performing mutual funds in their respective Lipper
classifications for the period ending December 31, 2017.
- Columbia AMT-Free New York
Intermediate Muni Bond Fund (Institutional shares)New York
Intermediate Municipal Debt Funds classification (11 funds1) – 5
years
- Columbia Strategic New York
Tax-Exempt Fund (A shares)New York Municipal Debt Funds (24
funds1) – 10 years
- Columbia Select Large-Cap Value Fund
(Institutional 2 shares)Large-Cap Value Funds classification
(83 funds1) – 10 years
The U.S. Lipper Fund Awards recognize funds for their
consistently strong risk-adjusted three-, five-, and 10-year
performance, relative to their peers, based on Lipper’s proprietary
performance-based methodology.2
This is the seventh consecutive year that Columbia Select
Large-Cap Value Fund has earned a Lipper Award in the Large-Cap
Value category. The fund received the award for 10-year performance
in 2017 (245 funds), in 2016 (290 funds), in 2015 (90 funds), and
in 2014 (84 funds), and for 5-year and 10-year performance in 2013
(102 funds and 84 funds), and for 5-year performance in 2012 (402
funds).
“Using an active, team-based, risk-aware approach, we strive to
provide clients globally with dependable, competitive investment
performance that best meets their needs. We are honored that Lipper
has awarded these funds for their consistent, risk- adjusted,
long-term performance,” said Colin Moore, Global Chief Investment
Officer.
Past performance does not guarantee future results.
About Columbia Threadneedle Investments:Columbia
Threadneedle Investments is a leading global asset manager that
provides a broad range of investment strategies and solutions for
individual, institutional and corporate clients around the world.
With more than 2,000 people, including over 450 investment
professionals based in North America, Europe and Asia, we manage
$495 billion3 of assets across developed and emerging market
equities, fixed income, asset allocation solutions and
alternatives.
Columbia Threadneedle Investments is the global asset management
group of Ameriprise Financial, Inc. (NYSE: AMP). For more
information, please visit columbiathreadneedle.com/us. Follow us on
Twitter: @CTInvest_US
Past performance does not guarantee future results.
1 Within the respective Lipper classification.
2 Lipper rankings are based on annualized total returns and do
not reflect sales charges.
3 As of December 31, 2017. Includes all assets managed by
entities in the Columbia and Threadneedle group of companies.
The Lipper Fund Awards are part of the Thomson Reuters Awards
for Excellence, a global family of awards that celebrate
exceptional performance throughout the professional investment
community. The Thomson Reuters Awards for Excellence recognize the
world's top funds, fund management firms, sell-side firms, research
analysts, and investor relations teams. The Thomson Reuters Awards
for Excellence also include the Extel Survey Awards, the StarMine
Analyst Awards, and the StarMine Broker Rankings. For more
information, please contact markets.awards@thomsonreuters.com or
visit excellence.thomsonreuters.com.
Investors should consider the investment objectives, risks,
charges and expenses of a mutual fund carefully before investing.
For a free prospectus or a summary prospectus, which contains this
and other important information about the funds, visit
columbiathreadneedle.com/us. Read the prospectus carefully before
investing.
Market risk may affect a single issuer, sector of the
economy, industry or the market as a whole. Value securities
may be unprofitable if the market fails to recognize their
intrinsic worth or the portfolio manager misgauged that worth.
Investments in a limited number of companies subject the
fund to greater risk of loss. The fund may invest significantly in
issuers within a particular sector, which may be negatively
affected by market, economic or other conditions, making the fund
more vulnerable to unfavorable developments in the sector. A rise
in interest rates may result in a price decline of fixed-income
instruments held by the fund, negatively impacting its performance
and NAV. Falling rates may result in the fund investing in lower
yielding debt instruments, lowering the fund’s income and yield.
These risks may be heightened for longer maturity and duration
securities.
Investment products are not federally or FDIC-insured, are not
deposits or obligations of, or guaranteed by, any financial
institution and involve investment risks, including possible loss
of principal and fluctuation in value.
Columbia Funds are distributed by Columbia Management Investment
Distributors, Inc., member FINRA. Advisory services provided by
Columbia Management Investment Advisers, LLC.
Columbia Management Investment Distributors, Inc.225 Franklin
Street, Boston, MA 02110-2804
AdTrax 2035361
© 2018 Columbia Management Investment Advisers, LLC. All rights
reserved.
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version on businesswire.com: http://www.businesswire.com/news/home/20180228005792/en/
For Columbia Threadneedle InvestmentsLiz Kennedy,
617-897-9394liz.kennedy@ampf.com
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