- CEO
- Jonathan S. Thomas
- Full Time Employees
- 1,400
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Chicago, IL 60606 Kansas City MO United States of America 64111
- IPO Date
- Sep 23, 1992
- Business
- Columbia Acorn International Fund (ACINX) is an open-ended mutual fund managed by Columbia Threadneedle Investments that seeks long-term capital appreciation by investing primarily in common stocks of small- and mid-sized companies located outside the United States, with market capitalizations generally aligned with those in the MSCI ACWI ex USA SMID Cap Growth Index at the time of purchase; the portfolio emphasizes growth-oriented equities in sectors such as technology, industrials, communication services, healthcare, and financial services, with top holdings including Belimo Holding AG, IMCD NV, Auto Trader Group PLC, and Intermediate Capital Group PLC; diversification spans regions like Japan, the Eurozone, the United Kingdom, and Europe ex-Euro, comprising approximately 92% non-US stocks, 5% cash, and 3% US stocks.
Launched on September 23, 1992, the Institutional Class shares (ACINX) are domiciled in the United States, with a net expense ratio of 0.99%, total net assets of approximately $1.09 billion, and a minimum initial investment of $2,000; the fund is part of Columbia Acorn Trust, with management historically linked to Chicago, Illinois, at 71 S. Wacker Drive, though registered agent addresses reference Boston, Massachusetts.
In recent developments, the fund underwent a management transition in November 2023, with Simon Haines, Charlotte Friedrichs, and Nitisha Bosamia appointed as co-managers, replacing prior leadership; portfolio adjustments in 2024-2025 included trimming illiquid positions and realizing gains in growth sectors amid macroeconomic uncertainties like inflation and geopolitical risks, as detailed in the Q2 2024 commentary; broader Columbia Threadneedle strategic moves, such as a 2025 partnership with Long Run Partners for non-agency mortgage securitization and the completion of the BMO GAM EMEA acquisition adding significant assets under management, enhance the firm's capacity in private credit and responsible investing, indirectly supporting fund operations.