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American Select Fund (Columbia Threadneedle)
The American Select Fund (Columbia Threadneedle) aims to achieve growth through capital gains and income by investing in companies domiciled in North America or which have significant North American operations. There will be no particular sector specialisation. The 'Select' investment approach means that the fund has the flexibility to take significant stock and sector positions which may lead to increased levels of volatility. The fund has a concentrated portfolio which leads to increased levels of stock specific risk. On occasion, the fund may invest in fixed interest securities and money market instruments, when deemed appropriate. This fund invests some of its assets outside the eurozone so a currency risk arises for a euro investor. This fund is managed by Columbia Threadneedle.
Main features
- Managed by Threadneedle Investments.
- Indicative equity exposure: 100% of the value of the fund.
- The fund will typically invest in fewer than 60 companies.
- Focus is on sector and stock selection skills.
- Risk ratings: 6
- SFDR Class: Article 6
How it works
The American Select Fund (Columbia Threadneedle) aims to achieve growth through capital gains and income by investing at least 75% of its assets in companies domiciled in the United States of America (US), or which have significant US business operations. The fund has some flexibility to invest in companies based elsewhere in North America or around the world. The fund will select companies in which the fund manager has a high conviction that the current share price does not reflect the prospects for that business. These companies may be chosen from within any industry or economic sector, with significant sector and share weightings taken at the discretion of the fund manager. These include smaller and emerging growth companies, those with potential for merger or takeover, those with new management recovery situations and exploration companies. There will be no particular sector specialisation.
The 'Select' investment approach means that the fund has the flexibility to take significant stock and sector positions which may lead to increased levels of volatility.
This fund invests some of its assets outside the eurozone so a currency risk arises for a euro investor.
This fund is managed by Columbia Threadneedle.
Current Fund Price* (as at 09/02/2024)
Price
0.969
1.019
Asset Split**
| 95% Bonds | |
| 5% Cash |
Annualised Performance (%)*
*Notes: Annual management charges (AMC) apply. The fund performance shown is before the full AMC is applied on your policy.
Returns are based on offer/offer performance and do not represent the return achieved by individual policies linked to the fund.
The fund price/performance shown is for the Pension / Gross of Tax Funds category.
*Source: Zurich Life
**Note: Asset Splits are updated quarterly.
Why Columbia Threadneedle?
Columbia Threadneedle is an international asset manager offering a range of investment funds. Founded in 1994 and headquartered in London, Columbia Threadneedle is fully-owned by Ameriprise Financial, a publicly quoted investment company, which is listed on the NYSE. Columbia Threadneedle has £372 billion* of assets under management and has a presence in 18 countries.
*Source: Columbia Threadneedle, December 2018.
Threadneedle Investment Services Limited is authorised and regulated by the Financial Conduct Authority.