Columbia Small Cap Growth Fund
Posted: Thu Jul 10, 2025 6:31 am
Fund performance Columbia Small Cap Growth Fund I Class A shares returned 13.77% (excluding sales
charge) for the three months ended March 31, 2012, outperforming its benchmark, the
Russell 2000 Growth Index, which returned 13.28% during the period. For-up-to date
performance information, please check online at columbiamanagement.com.
Market overviewDuring the first quarter, the U.S. economy generated enough solid economic data to raise
consumer expectations and restore investor confidence. First quarter 2012 growth forecasts are between 1% and 2%, buoyed by solid manufacturing activity, robust job
growth and a whisper of better news for the housing market. Even mobile database though growth rema in smodest, it continues to broaden across key sectors.
> Healthy job creation was the driving force of economic growth over the quarter, with anes timated 635,000 new jobs added. This pace is generally considered strong enough to bring down the unemployment rate, which fell to 8.2% during the period. Improved labor prospects clearly figured into a boost in consumer spending, eventhough rising gas prices took a bite out of personal income. Consumer confidence rose along with higher expectations for business conditions over
the long term.
> Home prices hit new lows in January, but the rate of decline appears to be easing. New
and existing home sales were up sharply over a year ago, with inventories trending
down. Although the housing market has not yet turned the corner, it no longer appears
to be a drag on economic growth.
Against this generally favorable backdrop, U.S. equity marke
charge) for the three months ended March 31, 2012, outperforming its benchmark, the
Russell 2000 Growth Index, which returned 13.28% during the period. For-up-to date
performance information, please check online at columbiamanagement.com.
Market overviewDuring the first quarter, the U.S. economy generated enough solid economic data to raise
consumer expectations and restore investor confidence. First quarter 2012 growth forecasts are between 1% and 2%, buoyed by solid manufacturing activity, robust job
growth and a whisper of better news for the housing market. Even mobile database though growth rema in smodest, it continues to broaden across key sectors.
> Healthy job creation was the driving force of economic growth over the quarter, with anes timated 635,000 new jobs added. This pace is generally considered strong enough to bring down the unemployment rate, which fell to 8.2% during the period. Improved labor prospects clearly figured into a boost in consumer spending, eventhough rising gas prices took a bite out of personal income. Consumer confidence rose along with higher expectations for business conditions over
the long term.
> Home prices hit new lows in January, but the rate of decline appears to be easing. New
and existing home sales were up sharply over a year ago, with inventories trending
down. Although the housing market has not yet turned the corner, it no longer appears
to be a drag on economic growth.
Against this generally favorable backdrop, U.S. equity marke