Columbia Acorn European Fund
CAECX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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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
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 71 S. Wacker Drive, Suite 2500 Chicago IL United States of America 60606
- IPO Date
- Aug 18, 2011
- CIK
- 0000002110
- Similar Companies
- Business
- Columbia Acorn European Fund (CAECX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in European companies, with at least 80% of its net assets allocated to such equities and at least 70% focused on Western European firms; it emphasizes small- and mid-cap growth stocks across sectors including financial services, real estate, and industrials, with top holdings such as Elis SA, CTS Eventim AG & Co KgaA, National Bank of Greece SA, RENK Group AG, and Safestore Holdings PLC. The fund offers multiple share classes, including Class A (CAEAX), Class C (CAECX), Institutional Class (CAEZX), and Institutional 2 Class (CAEEX), managed through a blend investment style targeting mid-cap European stocks domiciled in the United States and available to investors in the U.S. market with a minimum initial investment of $2,000 for certain classes. Columbia Acorn European Fund operates as a series of Columbia Acorn Trust, founded in 1992 and headquartered in Chicago, Illinois at 71 S. Wacker Drive, Suite 2500, with legal addresses c/o CT Corporation System in Boston, Massachusetts; it is managed by Columbia Wanger Asset Management, LLC, a subsidiary of Columbia Management Investment Advisers, LLC, which falls under Ameriprise Financial, Inc. In recent developments, the broader Columbia Threadneedle Investments platform, which oversees the fund family, completed the acquisition of BMO Global Asset Management's Europe, Middle East, and Africa business in November 2023 for £615 million, adding £97 billion in assets under management, strengthening capabilities in responsible investment, alternatives, and multi-manager strategies across Europe; this enhances the fund's European market exposure amid ongoing portfolio adjustments reflected in 2024-2025 performance data showing year-to-date returns around 21-23% and top regional allocations to the Eurozone (53%), United Kingdom (31%), and Europe ex-Euro (15%). No specific fund-level name changes, policy amendments, or reorganizations were reported for CAECX itself in the last 1-2 years, though parent-level changes to European fund definitions and SFDR categorizations occurred in related Columbia Threadneedle Luxembourg-domiciled products.