Columbia Acorn Fund’s Q3 2024 Investor Letter

Columbia Acorn Fund, distributed by Columbia Management Investment Distributors, released its third-quarter 2024 investor letter. In the quarter, the fund returned 9.15% while the benchmark, the Russell 2500 Growth Index, returned 6.99%. A strong market rally occurred throughout the quarter, and the Columbia Acorn Fund beat its benchmark due to positive stock selection. With recoveries for smaller caps and several cyclical stocks, the third quarter witnessed a return to animal spirits following the previous quarter’s more risk-averse environment. In addition, you can check the fund’s top 5 holdings for its best picks for 2024.

A copy of Columbia Acorn Fund’s Q3 2024 investor letter can be downloaded here.