Columbia Balanced Fund Institutional 3 Class (CBDYX) NASDAQ

Currency In USD

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Columbia Balanced Fund Institutional 3 Class

Address

290 Congress Street

Boston, MA 2210

United States of America (the)

Phone

800-345-6611

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

November 09, 2012

Key Executives

N/A
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Description

This fund aims to achieve substantial overall returns by strategically investing in both common stocks (equities) and debt instruments. Under typical market conditions, its portfolio maintains a diversified allocation across these two asset classes. The exact weighting of assets, which includes cash and cash equivalents as part of the debt component, is determined by an ongoing assessment of the relative risks and potential rewards offered by each category. While the fund generally targets an investment range of 35% to 65% of its net assets in each asset class, it is mandated to hold a minimum of 25% and a maximum of 75% of its net assets in both equities and debt securities under normal circumstances.

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