Columbia Alternative Beta Fund Quote
| CLABX Fund | USD 28.08 0.02 0.07% |
Performance2 of 100
| Odds Of DistressLess than 22
|
Columbia Alternative is trading at 28.08 as of the 1st of December 2024; that is 0.07 percent decrease since the beginning of the trading day. The fund's open price was 28.1. Columbia Alternative has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Columbia Alternative Beta are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of December 2022 and ending today, the 1st of December 2024. Click here to learn more.
Under normal circumstances, the fund employs alternative investment strategies that seek to identify and capitalize upon changes in macroeconomic fundamentals, market inefficiencies, market behavioral biases, market mis-pricings, risk premia, and other market factors or events within equity, fixed income, interest rate, commodity and currency markets around the world, including emerging markets.. More on Columbia Alternative Beta
Columbia Mutual Fund Highlights
| Fund Concentration | Columbia Threadneedle Funds, Large Blend Funds, Multistrategy Funds, Multistrategy, Columbia Threadneedle (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 1st of October 2022 |
| Fiscal Year End | May |
Columbia Alternative Beta [CLABX] is traded in USA and was established 1st of December 2024. Columbia Alternative is listed under Columbia Threadneedle category by Fama And French industry classification. The fund is listed under Multistrategy category and is part of Columbia Threadneedle family. This fund currently has accumulated 734.28 M in assets under management (AUM) with no minimum investment requirementsColumbia Alternative Beta is currently producing year-to-date (YTD) return of 5.5% with the current yeild of 0.03%, while the total return for the last 3 years was 2.03%.
Check Columbia Alternative Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Columbia Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Columbia Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Columbia Alternative Beta Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Columbia Alternative Beta Risk Profiles
| Mean Deviation | 0.1855 | |||
| Semi Deviation | 0.1928 | |||
| Standard Deviation | 0.233 | |||
| Variance | 0.0543 |
Columbia Alternative Against Markets
Other Information on Investing in Columbia Mutual Fund
Columbia Alternative financial ratios help investors to determine whether Columbia Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Columbia with respect to the benefits of owning Columbia Alternative security.
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