Columbia Seligman Premium Technology Growth Fund Announces First Quarter Distribution; 9.25% Annual Rate For IPO Investors
The market prices of technology and technology-related stocks tend to exhibit a greater degree of market risk and price volatility than other types of investments. These stocks may fall in and out of favor with investors rapidly, which may cause sudden selling and dramatically lower market prices. These stocks also may be affected adversely by changes in technology, consumer and business purchasing patterns, government regulation and/or obsolete products or services. Technology and technology-related companies are often smaller and less experienced companies and may be subject to greater risks than larger companies, such as limited product lines, markets and financial and managerial resources. These risks may be heightened for technology companies in foreign markets.
This press release was prepared by Columbia Management Investment Distributors, Inc., Member FINRA. Columbia Seligman Premium Technology Growth Fund is managed by Columbia Management Investment Advisers, LLC (formerly known as RiverSource Investments, LLC). Columbia Management is part of Ameriprise Financial, Inc. Seligman is an offering brand of Columbia Management.
© 2011 Columbia Management Investment Advisers, LLC. All rights reserved.
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