About CCRAX
Columbia Contrarian Core 529 Portfolio Class A is a mutual fund designed specifically for education savings within the context of a 529 college savings plan. The portfolio seeks total return through a combination of long-term capital appreciation and current income. It is powered by the Columbia Contrarian Core Fund, which employs an actively managed, contrarian investment approach focused on U.S. large-cap equities. The fund typically invests its assets entirely in domestic stocks, with no allocation to bonds, real estate, or foreign equities, emphasizing leading companies across sectors such as technology, consumer cyclical, healthcare, financial services, and communication services. Notable holdings commonly include industry giants like Microsoft, Apple, NVIDIA, Amazon, and Meta Platforms. As part of the South Carolina Future Scholar 529 College Savings Plan, this portfolio is intended for investors seeking a growth-oriented strategy for funding future education expenses, while benefiting from professional management and the potential tax advantages associated with 529 plans.
Stock Exchange NASDAQ
Ticker Symbol CCRAX
Share Class Class A
CCRAX had a total return of 18.29% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.61%.
