Guide To Columbia Large Cap Growth A Fund (LEGAX)

Columbia Large Cap Growth A (LEGAX - MF report) a Zacks Ranked #2 (Buy) seeks long-term capital appreciation by investing in stocks of companies expected to experience long-term, above average earnings growth. LEGAX invests a large portion of its net assets in a broadly diversified portfolio of large capitalization equity securities, primarily common stocks and securities that can be converted into common stocks. LEGAX may invest up to 20% of its total assets in foreign securities. LEGAX distributes dividends quarterly and capital gains annually.

This Large Growth fund, as of the last filing, allocates their fund in two major groups; Large Growth and Large Value.  As of the last filing, Apple Inc. (AAPL) Lowe's Companies Inc.(LOW), Amazon.com Inc. (AMZN) were the top holdings for LEGAX.
 
The Columbia Large Cap Growth A fund, managed by Columbia, carries an expense ratio of 1.12.  Moreover, LEGAX requires a minimal initial investment of $2,000.

LEGAX has a history of strong positive total returns for over 10 years.  Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 22.52%, 3 year 20.26%, and 5 year 17.81%.  To see how this fund performed compared in its category, please click here.  

LEGAX’s performance, as of the last filing, when compared to funds in its category was in the top 1% in 1 year, top 12% over the past 3 years, and in the top 8% over the past 5 years.