Columbia Threadneedle Global Technology Growth Strategy’s Q2 2024 Investor Letter

Columbia Threadneedle Investments, an investment management company released its “Columbia Threadneedle Global Technology Growth Strategy” second quarter 2024 investor letter. In the quarter, the fund returned 9.96% gross of fees and 9.72% net of fees compared to S&P Global 1200 Information Technology Index’s 12.35% return. Corporate earnings, lower interest rates, and expectations of further rate cuts, along with supportive Federal Reserve actions, led to an upward trend in stock prices. Large-cap growth stocks outperformed small-caps in the quarter. In addition, you can check the fund’s top 5 holdings for its best picks for 2024.

A copy of Columbia Threadneedle Global Technology Growth Strategy’s Q2 2024 investor letter can be downloaded here.