Columbia plans to offer the Columbia International Value Fund, which will invest at least 80% of its total asset in equity securities of foreign companies that have market capitalizations of more than $1 billion at the time of purchase, according to the registration filing. The master portfolio of the fund typically invests in foreign companies in at least three countries other than the United States at any one time, and may invest in emerging markets, according to the filing.
The fund will be co-managed by Fred Copper, portfolio manager, and Colin Moore, chief investment officer at Columbia.
Share classes A (NIVLX), B (NBIVX), C (NVICX), I (CVLIX), R (CIVRX), R4 (CVFRX), R5 (CLVRX), and Z (EMIEX) will be offered in the fund, which will launch July, 1 2013, according to the filing.
