Catherine Stienstra - Columbia New Fund Manager
| CNYCX Fund | USD 25.94 0.10 0.39% |
Director and Senior Portfolio Manager of the Columbia Management Investment Advisers, LLC associated with the Columbia Management Investment Advisers, LLC as an investment professional since 2007. Sector Leader of the Advisers Municipal Bond Team from 2007 to 2010. Prior to 2007, Ms. Stienstra was employed by FAF Advisors, Inc. from 1998 to 2007, where she was a Director and Senior Portfolio Manager. Ms. Stienstra began her investment career in 1988 and earned a B.A. from the University of Nebraska.
| Phone | 800-345-6611 |
Columbia New Management Performance (%)
Similar Money Managers
| Found 3 records | One Year Return | ||
| Scott Cottier | Oppenheimer Rochester | N/A | |
| Adam Ferguson | Vanguard New York | N/A | |
| Troy Willis | Oppenheimer Rochester | N/A | |
Columbia New York Leadership Team
Elected by the shareholders, the Columbia New's board of directors comprises two types of representatives: Columbia New inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Columbia. The board's role is to monitor Columbia New's management team and ensure that shareholders' interests are well served. Columbia New's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Columbia New's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Douglas White, Fund Manager | ||
| Catherine Stienstra, Fund Manager |
Columbia Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is Columbia New a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Total Asset | 19.73 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 0.18 % | ||||
| One Year Return | 2.46 % | ||||
| Three Year Return | (2.56) % | ||||
| Five Year Return | 0.35 % | ||||
| Ten Year Return | 3.50 % | ||||
| Net Asset | 194.05 M | ||||
| Minimum Initial Investment | 2 K | ||||
| Last Dividend Paid | 0.05 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Columbia New in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Columbia New's short interest history, or implied volatility extrapolated from Columbia New options trading.
Pair Trading with Columbia New
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbia New position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbia New will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Columbia New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbia New when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbia New - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbia New York to buy it.
The correlation of Columbia New is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbia New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia New York moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbia New can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia New York. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Columbia New York information on this page should be used as a complementary analysis to other Columbia New's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.