FTAIM - Columbia Acorn Fund Q4 2024 Commentary
2025-03-26 11:10:00 ET
Summary
- Columbia Acorn Fund underperformed the Russell 2500 Growth Index in Q4 but outperformed for the full year, driven by stock selection over sector allocation.
- Top contributors included Credo Technology Group, Natera, and Blue Owl, while detractors were TopBuild, Maravai, and Exact Sciences.
- The fund focuses on innovative small- and mid-cap companies trading at discounts, termed "classification misfits," with exposure to themes like AI, aerospace, and life sciences.
- Positioned with a below-benchmark risk profile, the fund aims for higher growth and lower leverage, seeking to outperform on a rolling three-year basis.
Average annual total returns (%) for period ending December 31, 2024
Columbia Acorn Fund |
3-mo. |
1-year |
3-year |
5-year |
10-year |
Institutional Class |
1.79 |
14.46 |
-2.61 |
5.45 |
7.86 |
Class A w ithout sales charge |
1.66 |
14.15 |
-2.88 |
5.18 |
7.59 |
Class A w ith 5.75% maximum sales charge |
-4.15 |
7.55 |
-4.78 |
3.95 |
6.95 |
Russell 2500 Grow th Index |
2.43 |
13.90 |
-0.02 |
8.08 |
9.45 |