Columbia Absolute Ret Emg Mkts Mcr Fund

U.S. News evaluated 75 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned -2.83 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 0.0%
1 Year -2.8%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to provide shareholders with positive (absolute) returns. Under normal circumstances, the fund pursues its investment objective by investing at least 80% of its net assets (including the amount of any borrowings for investment purposes) in long and short positions in sovereign debt obligations, currencies and/or interest rates of emerging market countries. The fund may invest directly in debt of emerging market countries, including sovereign and quasi-sovereign (e.g., government agencies or instrumentalities) debt, denominated in the local or other foreign currencies or the U.S. dollar. It is non-diversified.

Fees

Fees are Above Average compared to funds in the same category.
Columbia Absolute Ret Emg Mkts Mcr Fund has an expense ratio of 1.48 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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