About SMGIX
The Columbia Contrarian Core Fund Institutional Class is a mutual fund designed to seek total return through a combination of long-term capital appreciation and current income. The fund predominantly invests at least 80% of its net assets in large-cap U.S. companies, focusing on those considered undervalued but possessing strong fundamentals and the potential for future growth. Its investment approach emphasizes diversification across multiple sectors, with core holdings frequently including major technology, consumer cyclical, financial, and healthcare companies such as Microsoft, Apple, NVIDIA, and JPMorgan Chase. The fund’s strategy allows for a modest allocation—up to 20%—in foreign securities, providing additional diversification. Notably, the fund maintains a concentrated portfolio, with the top ten holdings making up a significant portion of total assets, and demonstrates a blend of growth and value investing philosophies. With a track record spanning over three decades, the Columbia Contrarian Core Fund Institutional Class is positioned as a key player in the large blend mutual fund category, offering institutional investors broad market exposure and a disciplined approach to identifying market opportunities among leading U.S. equities.
Fund Family Columbia Threadneedle
Category Large Blend
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol SMGIX
Share Class Institutional Class
Index Russell 1000 TR USD
SMGIX had a total return of 16.99% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.38%.
