Columbia Acorn is undergoing a fresh start as of April 2021, but ongoing team shuffling and an undifferentiated approach warrant a Morningstar Analyst Rating of Neutral for all share classes.
Columbia Acorn A LACAX
NAV / 1-Day Return
8.78
/
0.79
%
Total Assets
4.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.110%
Expense Ratio
1.110%
Fee Level
Below Average
Longest Manager Tenure
2.72
years
Category
Mid-Cap Growth
Investment Style
Mid GrowthMin. Initial Investment
2,000
Status
Open
TTM Yield
1.00%
Turnover
86%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will LACAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LACAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the LACAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of LACAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A team in constant flux.
