Where does Columbia Acorn Fund Z (acrnx) invest its assets?

The Fund invests a majority of its net assets in the common stock of small- and mid-sized companies with market capitalizations under $5 billion at the time of investment. The Fund invests the majority of its assets in U.S. companies. Is Columbia Acorn Fund Z (ACRNX) a Strong Mutual Fund Pick Right Now?

What is the Columbia Acorn Fund?

The Columbia Acorn Fund focuses on uncovering smaller, lesser-known companies benefiting from macroeconomic trends. Managers look for companies with a sustainable competitive advantage by using a bottom-up selection approach. The fund has faced some challenges recently, including personnel changes and investor redemptions.

What is Acorn Capital Investment Fund?

Acorn Capital Investment Fund (ASX:ACQ) is a listed investment company that invests in a diverse portfolio of emerging Australian companies. Emerging Companies (or Microcaps) are defined as those with an equity valuation that is below that of the 250th largest ASX company.