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Security Profile
- Security Type
- Index ETF
- CUSIP
- 19762B202 (prev. 26846L304 )
- Market Cap
- Micro Cap · $1 Million
- IPO
- 9/2/2015
- Previous Name
- EGShares EM Core ex-China ETF
Fund Description: Columbia EM Core ex-China ETF, formerly EGShares EM Core ex-China ETF, is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Columbia ETF Trust II, formerly EGA Emerging Global Shares Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The Columbia EM Core ex-China ETF seeks investment results that generally correspond, before fees and expenses, to the price and yield performance of the Beta Thematic Emerging Markets ex-China Index, formerly EGAI Emerging Markets ex-China Index. INDEX DESCRIPTION: The Beta Thematic Emerging Markets ex-China Index is a market capitalization-weighted index designed to provide broad, core emerging markets equity exposure by measuring the stock performance of up to 700 emerging markets companies, excluding companies listed or domiciled in China or Hong Kong. The list of stocks is derived from a universe of publicly traded companies with a total market capitalization of at least $100 million. Market capitalization weighting means each component security is weighted by the issuer’s market capitalization relative to the overall capitalization of the index. FUND STRATEGY: The Fund seeks to achieve its investment objective by attempting to replicate the portfolio of the Index through investments in equity securities, including common shares traded on local exchanges, American Depositary Receipts and Global Depositary Receipts. ADRs and GDRs represent ownership interests in shares of foreign companies that are held in financial institution custodial accounts, and are traded on exchanges in the United States and around the world. Under normal circumstances, the Fund will invest at least 80% of its net assets in emerging market companies included in the Index and generally expects to be substantially invested at such times, with at least 95% of its net assets invested in these securities. These companies are domiciled in emerging market countries, excluding China and Hong Kong. The Fund may invest in companies of all capitalization sizes, which includes small capitalization companies (i.e., those with market capitalizations between U.S. $100 million and U.S. $2 billion) and mid-capitalization companies (i.e., those with market capitalizations between U.S. $2 billion and U.S. $10 billion). A substantial portion of the Fund’s assets are denominated in currencies other than the U.S. Dollar. The Fund may replicate the constituent securities of the Index using ADRs, GDRs or ordinary local shares. If it is not cost-effective for the Fund to purchase, hold or sell all of the component securities of the Index, however, EGA may utilize a representative sampling strategy whereby the Fund would hold a significant number of the component securities of the Index, but may not track the Index with the same degree of accuracy as would an investment vehicle replicating the entire index. The Fund will invest in specific countries or geographic regions to approximately the same extent as the Index. The Fund will concentrate its investments (i.e., hold 25% or more of its net assets) in a particular industry or group of industries to approximately the same extent that the Index is concentrated. The Fund is non-diversified, which means that it can invest a greater percentage of its assets in any one issuer than a diversified fund can. FUND MANAGEMENT: Columbia Management Investment Advisers, LLC serves as the Investment Adviser to the Fund.
Notes: September 1, 2016 -- Columbia Management Investment Advisers, LLC acquired Emerging Global Advisors.
Company Contact
- Headquarters
- 100 Park Avenue, New York, NY 10017-5516
- Phone
- 888-800-4347 · Toll-Free 888-800-4347
- Investor Relations
- 888-800-4347 · ETFinfo@columbiathreadneedle.com