Columbia Absolute Return Currency and Income Fund Institutional Class (CACZX)

Net Asset Value
1 Day
Overall Morningstar Rating
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks positive absolute return. The fund normally invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in short-duration debt obligations (or securities that invest in such debt obligations- including an affiliated money market fund) and forward foreign currency contracts. In pursuit of the fund's objective- to provide absolute return- the adviser seeks to generate positive total returns from the income produced by the short-term debt obligations- plus (minus) the gain (loss) resulting from fluctuations in the values of various foreign currencies relative to the U.S. dollar.


1 month-1.83% 3 years+2.09%
3 months+1.49% 5 years+3.29%
1 year-8.36% Since inception+2.54%
Data through --

Peer Comparisonvs. Multicurrency

Performance 5-yr return+3.29%-0.34%
Expense ratio1.41%1.35%
Risk 5 year sharpe ratio0.32-0.12
Net assets$43.5M$503.8M
Average market cap----
Average P/E----
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyColumbia
Fund manager & tenureNicholas Pifer / 11 Years
Minimal initial investment$2,000.00
Minimum IRA investment--


Fixed income1.48%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 1.48%