Columbia Select Global Growth Fund Institutional 2 Class
CADIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 290 Congress Street Boston MA 02210
- IPO Date
- Jan 13, 2014
- CIK
- 0001097519
- Similar Companies
- Business
- Columbia Select Global Growth Fund Institutional 2 Class (CADIX) is an open-end mutual fund that seeks long-term growth of capital by investing significantly—at least 40% of its net assets—in equity securities of foreign companies, including those in emerging markets, alongside U.S. equities; it maintains a concentrated portfolio of 40-50 high-quality large-cap growth stocks selected for above-average earnings potential, with sector allocations emphasizing information technology (31.5%), health care (27.1%), and consumer discretionary (21.3%); top holdings typically include companies such as Amazon.com, Alibaba Group Holding, NVIDIA, Adobe, and Salesforce.com. The fund employs a bottom-up research process leveraging a team of experienced portfolio managers including Thomas M. Galvin (36 years of experience), Richard A. Carter (26 years), and Todd D. Herget (21 years), focusing on sustainable growth franchises across diversified geographies—U.S. & Canada (62.8%), Asia (20.7%), and Europe (16.5%)—with a weighted average market cap of $164 billion, trailing P/E of 23.5, and price/book ratio of 4.53. Launched on April 30, 2008, as part of Columbia Funds Series Trust, with headquarters in Boston, Massachusetts under Columbia Management Investment Advisers, LLC (part of Columbia Threadneedle Investments), the fund offers multiple share classes including Institutional (COGZX), Institutional 2 (CADIX with net expense ratio of 0.97%), A (COGAX), C (COGCX), and R (COGRX), targeting institutional and retail investors seeking global large-cap growth exposure in the World Large Stock category. In a major strategic change during the third quarter of 2020, the fund's shares reorganized into and were acquired by Columbia Select Global Equity Fund (Class A: IGLGX), aligning with Columbia Threadneedle's portfolio consolidation and strategy evolution; more recently, Columbia Threadneedle Investments has implemented SFDR Article 8 classifications with enhanced environmental and social characteristics, commitments to the Net Zero Asset Managers Initiative (NZAMI), and launched six new ETFs in December 2025 to broaden its equity offerings. The fund demonstrates high active share (97.26%) versus the MSCI ACWI Index Net benchmark, with no reported acquisitions, funding rounds, or name changes specific to CADIX beyond the 2020 reorganization and ongoing parent-level sustainability enhancements.