Columbia Threadneedle Investments, an investment management company released its “Columbia Seligman Global Technology Fund” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. The U.S. stock market rose 2.75% in Q4, bringing its full-year return to 24.51%, as measured by the Russell 1000 Index. The November election result removed investor uncertainty, raising hopes for pro-growth government policies. In addition, U.S. equities remained attractive due to high economic growth. The fund’s Institutional Class shares returned 7.45% in the quarter, compared...
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