Columbia Acorn International Fund Q4 2024 Commentary

February 23, 2025 09:00:00 am

Source: SeekingAlpha

2025-02-23 09:00:00 ET

Summary

Columbia Acorn International Fund's Institutional Class shares returned -12.80% in Q4 2024, underperforming the MSCI EAFE Small Mid Cap Growth Index's -8.13% return.
Positive sector contributions came from materials and health care, while industrials, financials, and information technology sectors weighed heavily on performance.
Key performers included Recruit Holdings and Niterra, while Hypoport and Safestore Holdings were notable detractors due to macroeconomic and sector-specific challenges.
The outlook remains cautious, particularly in the U.K., with potential for broader performance leadership beyond U.S. mega-cap AI beneficiaries.

Average annual total returns (%) for period ending December 31, 2024

Columbia Acorn International	3-mon.	1-year	3-year	5-year	10-year
Institutional Class	-12.80	-4.82	-8.93	-0.39	3.16
Class A without sales charge	-12.88	-5.09	-9.16	-0.65	2.90
Class A with 5.75% maximum sales charge	-17.88	-10.54	-10.94	-1.82	2.30
MSCI EAFE Small Mid Cap Growth Index ('Net')	-8.13	1.56	-5.68	1.61	4.99
MSCI EAFE Index ('Net')	-8.11	3.82	1.65	4.73	5.20