3 Top-Ranked Columbia Mutual Funds Promising Great Returns

Columbia Threadneedle Investments is one of the leading global asset management groups, providing a variety of investment solutions and strategies to both individuals and institutions. In 2015, Columbia Management and Threadneedle Investments came together as Columbia Threadneedle Investments.

The fund family had nearly $467 billion of assets under management as of March 31, 2017. It has more than 2,000 employees, including more than 450 investment professionals across the world. Columbia provides investment services and equity and income strategies across 19 countries in North America, Asia Pacific, Europe and the Middle East.

Below we share with you three best-ranked Columbia mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Columbia funds.

Columbia Capital Allocation Aggressive A (AXBAX - Free Report) seeks growth of return. AXBAX is known as a "fund of funds" which primarily invests in a combination of underlying funds for which the investment manager acts as principal underwriter. The fund may also invest almost one-fifth of its assets in other funds, which include third party advised funds and exchange traded funds, equity securities and fixed income securities. Columbia Capital Allocation Aggressive A has returned 21.2% over the last one-year period.

AXBAX has an expense ratio of 0.50% compared with the category average of 0.81%.

Columbia Global Technology Growth Fund A (CTCAX - Free Report) invests the lion’s share of its assets in common stocks, preferred stocks and securities that are convertible into common or preferred stocks. These equity securities are issued by technology companies that benefit from technological advancements or improvements. CTCAX seeks growth of capital. Columbia Global Technology Growth Fund A has returned 45.5% over the last one-year period.

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