About CGTYX
Columbia Seligman Global Technology Fund Institutional 3 Class is a technology-focused mutual fund designed to seek long-term capital appreciation through investment in companies within the global technology sector. The fund typically allocates at least 80% of its net assets to equity securities of both U.S. and international firms that operate in technology and technology-related industries, such as information technology, life sciences, and biotechnology. Notably, at least 40% of assets are generally invested in businesses outside the United States, providing broad geographic diversification within the global tech landscape.
This fund follows a growth-at-a-reasonable-price (GARP) investment style, targeting companies believed to have strong intellectual property, effective management, and robust potential for sustained high-profit revenue growth. The portfolio is concentrated, with around 70 holdings and a significant portion—over 40%—invested in its top ten positions, which include industry leaders in semiconductors, software, and communication services. The fund’s management team employs rigorous bottom-up fundamental research to select investments across all market capitalizations, aiming to identify undervalued and misunderstood companies in the dynamic technology sector.
With several decades of industry experience among its analysts, the fund has established itself as a prominent vehicle for institutional investors seeking targeted exposure to global technology trends and innovations.
Fund Family Columbia Threadneedle
Category Technology
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol CGTYX
Share Class Institutional 3 Class
Index MSCI World/Information Technology NR USD
CGTYX had a total return of 42.48% in the past year, including dividends. Since the fund's
inception, the average annual return has been 34.77%.
