Address And Details

P. O. Box 219104 , Kansas City, MO 64121-9104
Fund Manager Joshua Kutin
Manager Tenure 3 Years 4 Months

Strategy And Objective

Columbia Thermostat Fund (the Fund) seeks long-term capital appreciation. The Fund is primarily managed as a fund that invests in other funds (i.e., a fund-of-funds ) that seeks to achieve its investment objective by investing its assets among a selected group of underlying stock and bond mutual funds and exchanged-traded funds (ETFs) for which Columbia Wanger Asset Management, LLC, the Fund s investment adviser (the Investment Manager) or its affiliates, including Columbia Management Investment Advisers, LLC (Columbia Management), serves as investment adviser or principal underwriter (the Portfolio Funds). Under normal circumstances, the Fund allocates at least 95% of its net assets (stock/bond assets) among the Portfolio Funds according to an asset allocation table based on the current level of the Standard & Poor s (S&P) 500 Index. Generally, the Fund s allocation to stock funds increases as the S&P 500 Index declines and decreases as the S&P 500 Index rises. When the S&P 500 Index goes up in relation to trading range bands that are predetermined by the Investment Manager, the Fund sells a portion of its stock Portfolio Funds and invests more in the bond Portfolio Funds, and when the S&P 500 Index goes down in relation to the predetermined bands, the Fund increases its investment in the stock Portfolio Funds. Under normal circumstances, the Fund may invest up to 5% of net assets plus any cash received that day in cash, high quality short-term paper and government securities. Although many asset allocation funds follow a basic approach of moving assets from stocks to bonds when the equity market goes up, and from bonds to stocks when the equity market goes down, some are run by investment managers who allocate fund assets by making subjective decisions based on complicated economic and financial models and complex graphs of market behavior. By contrast, the day-to-day investment decisions for the Fund are made according to a single predetermined allocation table set forth below. The temperature in your house is run by a single rule: your thermostat turns on the furnace if your house is too cold or turns on the air conditioner if your house is too warm. This Fund works the same way, so it is named Columbia Thermostat Fund. Just as a thermostat may be set at different ranges for different seasons, the structure and allocation ranges of the Fund s asset allocation table may be changed from time to time between two forms, based on the Investment Manager s determination of whether it expects the equity market to be moving over the next year in a side-ways or non-directional pattern, which the Investment Manager terms an expensive market, or to be trending upward, which the Investment Manager terms a normal market. The Investment Manager s process and methodology for determining whether the current market is expensive or normal and the structure of each form of allocation table are described in more detail below under Determination of Current Market State. Such determination will be made on at least an annual basis and will be reflected in the asset allocation table disclosed in this prospectus. In general, the two different forms of allocation table are intended to maximize the capture of value under the two different sets of market conditions.

Net Asset Value

as of 5:12 PM ET 09/17/2021

Performance

  • 1 Week
  • -0.16%
  • 1 Month
  • -0.05%
  • 3 Months
  • +0.84%
  • 1 Yr Return
  • +6.75%
  • 5 Yr Return
  • +31.47%

Equity Sector Breakdown

Finance 98.72%
ConsumerDurables n/a
Energy n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Other 99.70%
Stocks 0.30%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 196.36 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 8.32 3.84 1.76
Beta 0.30 0.28 0.35
R Squared 0.62 0.54 0.61
Std Deviation 7.07 5.80 5.97
Sharpe Ratio 1.99 1.53 n/a

Purchase Information

as of 5:14 PM ET 09/16/2021
Minimum Initial $2000
Minimum Additional $0
Minimum Initial IRA $1000

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +12.36%
  • +18.15%
+12.36% +18.15%
3 Year
  • +15.04%
  • +15.22%
+15.04% +15.22%
10 Year
  • +7.83%
  • +7.66%
+7.83% +7.66%
Life Of Fund
  • +7.43%
  • +7.45%
+7.43% +7.45%

Top 10 Holdings

Symbol Company Name % Of Assets
SRINX COLUMBIA CORPORATE INCOME FD 8.99%
NSFIX ~COLUMBIA TOTAL RETURN BOND Z 8.97%
DIAL COLUMBIA DIV FIXED INC ALLOC 8.95%
IUTIX COLUMBIA US TREAS INDEX FD 31.34%
NINDX COLUMBIA LARGE CAP INDEX FD I 3.04%
CUGYX COLUMBIA QUALITY INCOME FUND 17.89%
NSTMX COLUMBIA SHORT TERM BOND Z 13.41%
LCCAX COLUMBIA CONTRARIAN CORE FD 1.51%
ACRNX COLUMBIA ACORN FUND 1.07%
UMEMX COLUMBIA EMERGING MKTS FD 1.04%

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