RECS ISSUER
The RECS, part of the Columbia Funds Complex, is an exchange-traded fund (ETF) designed to mirror the performance of its underlying index, which employs a strategic beta approach. This index, administered by FTSE Russell and developed by Columbia Management Investment Advisers, LLC, focuses on U.S. large- and mid-cap growth and value companies within the Russell 1000® Index. The methodology, emphasizing quality, value, and company catalyst factors, leads to approximately 325-400 index holdings. The fund utilizes a replication strategy to mimic the index's performance, investing primarily in its component securities. However, it may deviate under certain circumstances, including using substitutes or adjusting weightings. Reconstitution and rebalancing occur semi-annually, maintaining alignment with the index. While the fund does not engage in active management or market timing, it may invest up to 20% of its assets in non-index securities deemed conducive to tracking the index effectively. This approach provides investors with exposure to a diversified portfolio while closely correlating with the index's performance.
RECS DIVIDEND
The RECS ETF, part of the Columbia Funds Complex, may distribute dividends to its investors based on the dividends received from the securities held within its portfolio. As the fund primarily invests in the securities of the underlying index, which comprises U.S. large- and mid-cap growth and value companies, dividends received by these companies contribute to the fund's dividend income. The dividend distribution frequency and amount are influenced by factors such as the dividend policies of the companies held within the index, as well as the fund's own expenses and management practices. Investors in the RECS ETF may potentially benefit from regular dividend income, providing an additional source of returns alongside potential capital appreciation.
RECS TRACKING
The RECS ETF, as part of the Columbia Funds Complex, employs a tracking strategy to closely replicate the performance of its underlying index, which is designed to reflect the performance of U.S. large- and mid-cap growth and value companies within the Russell 1000® Index. Managed by Columbia Management Investment Advisers, LLC, the fund aims to mirror the index's returns by investing at least 80% of its assets in the securities of the index. While the fund primarily adopts a replication strategy, it may deviate under certain circumstances, such as practical limitations in purchasing all index securities or market conditions. However, these deviations are designed to maintain general alignment with the index's performance. Through diligent monitoring, periodic rebalancing, and potential adjustments, the RECS ETF endeavors to provide investors with a reliable means of tracking the performance of its benchmark index over time..
RECS CORRELATION
The RECS ETF, a constituent of the Columbia Funds Complex, strives to maintain a high correlation with its underlying index, which is crafted to mirror the performance of U.S. large- and mid-cap growth and value companies within the Russell 1000® Index. Spearheaded by Columbia Management Investment Advisers, LLC, the fund implements a disciplined approach to closely track the movements of its benchmark index. By investing predominantly in index securities and periodically rebalancing its portfolio, the fund aims to replicate the index's performance over time. While minor deviations may occur due to factors such as practical constraints or market conditions, the fund's overarching objective remains to sustain a strong correlation with its benchmark, providing investors with a reliable vehicle for capturing the broad market movements of U.S. large- and mid-cap growth and value companies.
RECS SECTOR
The RECS ETF, a component of the Columbia Funds Complex, maintains exposure to various sectors within the U.S. equity market through its underlying index, which focuses on U.S. large- and mid-cap growth and value companies within the Russell 1000® Index. Spearheaded by Columbia Management Investment Advisers, LLC, the fund's sector allocation reflects the composition of its benchmark index, with holdings spanning diverse sectors such as technology, healthcare, financials, consumer discretionary, and more. While the index's methodology does not impose sector or industry exposure limits, the fund's sector allocation may vary over time based on market dynamics and the relative performance of different sectors. Consequently, investors in the RECS ETF benefit from broad exposure to various sectors of the U.S. economy, providing potential opportunities for diversified returns while aligning with the investment objectives of the fund.
RECS EXPOSURE
The RECS ETF, a vital component of the Columbia Funds Complex, offers investors exposure to a diversified portfolio of U.S. large- and mid-cap growth and value companies through its underlying index. Managed by Columbia Management Investment Advisers, LLC, the fund seeks to replicate the performance of the Russell 1000® Index, employing a strategic beta approach that emphasizes quality, value, and company catalyst factors. With at least 80% of its assets invested in index securities, the fund provides investors with direct exposure to the stocks comprising the index, ensuring alignment with the index's performance. Additionally, the fund may invest up to 20% of its assets in non-index securities or instruments deemed conducive to tracking the index effectively, offering investors broader exposure to potential opportunities in the U.S. equity market. Through diligent monitoring and periodic rebalancing, the RECS ETF strives to provide investors with efficient exposure to U.S. large- and mid-cap growth and value companies, facilitating the pursuit of their investment objectives.