What is Columbia Seligman Communications and Information fund?

The Fund seeks to provide shareholders with capital gain. The Fund will invest at least 80% of its net assets in securities of companies operating in the communications, information and related industries, including companies operating in the information technology and telecommunications sectors.

Who is Paul Wick?

Paul Wick is head of the Seligman Technology Group and lead portfolio manager for Columbia Seligman Communications and Information Fund.

What is fund expense ratio?

An expense ratio reflects how much a mutual fund or an ETF (exchange-traded fund) pays for portfolio management, administration, marketing, and distribution, among other expenses. You’ll almost always see it expressed as a percentage of the fund’s average net assets (instead of a flat dollar amount).

What is sharpe ratio in mutual funds?

Developed by Nobel laureate economist William Sharpe, the Sharpe ratio measures risk-adjusted performance. It is calculated by subtracting the risk-free rate of return (U.S. Treasury Bond) from the rate of return for an investment and dividing the result by the investment’s standard deviation of its return.

Is Slmcx a good investment?

Overall, Columbia Seligman Communications and Information A ( SLMCX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively strong performance, worse downside risk, and lower fees, Columbia Seligman Communications and Information A ( SLMCX ) looks like a good potential choice for investors right …

What is ter in mutual fund?

All such costs for running and managing a mutual fund scheme are collectively referred to as ‘Total Expense Ratio’ (TER) The TER is calculated as a percentage of the Scheme’s average Net Asset Value (NAV). The daily NAV of a mutual fund is disclosed after deducting the expenses.

What does R-Squared mean in mutual funds?

R-squared is a measure of the percentage of an asset or mutual fund’s performance as a result of a benchmark. Fund managers use a benchmark to evaluate the performance of a mutual fund. R-squared measures the degree to which the fund’s performance can be attributed to the performance of the selected benchmark index.

What is a good Alpha for a mutual fund?

Anything more than zero is a good alpha; higher the alpha ratio in mutual fund schemes on a consistent basis, higher is the potential of long term returns. Generally, beta of around 1 or less is recommended.

How do I know my mutual funds TER?

Visitors to Amfi website (www.amfiindia.com) would find ‘TER of MF Scheme’ on the left side of the webpage. Investors can find the names of all the fund houses here. Clicking on a name would redirect the investor to the webpage of the fund house. Now, that’s a great way to enhance transparency in a mutual fund scheme.

What does IDCW mean?

Income Distribution cum Capital Withdrawal
‘IDCW’ is abbreviation of ‘Income Distribution cum Capital Withdrawal’. Mutual fund investors have come across this new term IDCW when SEBI changed the term “Dividend Option” in mutual funds to “IDCW” in April 2021.