Market Overview

Columbia Threadneedle Investments Launches Columbia Diversified Fixed Income Allocation ETF (DIAL)


Columbia Threadneedle Investments today announced the expansion of its
strategic beta exchange-traded fund (ETF) offerings, with the launch of
Columbia Diversified Fixed Income Allocation ETF (NYSE Arca: DIAL). DIAL
will track the Beta Advantage® Multi-Sector Bond
Index, which provides a rules-based approach to investing in six fixed
income sectors. Columbia Threadneedle drew upon its expertise as a
leading, fixed income manager to create the strategic beta rules that
are the foundation of the index. The index is owned and calculated by
Bloomberg Index Services Limited.

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The Columbia Diversified Fixed Income Allocation ETF (DIAL) can help broaden your opportunity set. ( ...

The Columbia Diversified Fixed Income Allocation ETF (DIAL) can help broaden your opportunity set. (Graphic: Columbia Threadneedle Investments)

An all-in-one approach to fixed income investing, DIAL provides
investors with a diversified portfolio of fixed income securities across
six sectors that is designed to serve as a core fixed income allocation,
creating a multi-sector bond strategy focused on balancing yield,
quality and liquidity. These sectors include U.S. Treasuries, global
treasuries ex-U.S., U.S. investment-grade corporate bonds, U.S.
mortgage-backed securities, U.S. high-yield corporate bonds and emerging
market sovereign debt. DIAL's rules-based investment approach aims to
address investor concerns of having consistent income with downside
protection, regardless of the interest rate environment.

"As the market enters a new rate regime, investors may need to adjust
their fixed income allocations and broaden their opportunity set. Unlike
traditional ETFs, strategic beta ETFs do more than track a benchmark,"
said Gene Tannuzzo, CFA, senior portfolio manager at Columbia
Threadneedle Investments. "They incorporate active insights and are

The traditional benchmark fixed income index does not foster
diversification, with an outsized weighting to sovereign bonds and high
correlation between its two largest sectors, U.S. Treasuries and U.S.
mortgage-backed securities.

"DIAL's disciplined process is designed to seek more sources of income
and avoid the overconcentration found in traditional fixed income
benchmarks," said Marc Zeitoun, CFA, head of strategic beta at Columbia
Threadneedle Investments. "Few strategic beta fixed income ETFs on the
market today effectively address clients' fixed income needs around
yield, quality and liquidity in a thoughtful way."

While the strategic beta fixed income ETF market is in the early stages
of adoption, according to a recent Columbia Threadneedle Investments
survey of financial advisors and investment managers, over half would
consider investing in a strategic beta fixed income ETF. Respondents
ranked expertise as an active fixed income manager and track record as
the top considerations (both 20 percent) when purchasing a fixed income
strategic beta product.

The survey was conducted online during the month of June 2017 among 220
financial advisors and investment professionals. More than 49 percent of
survey participants manage more than $100 million in assets.

DIAL launches today with a 90-day contractual management fee waiver and
is thereafter competitively priced at 28 basis points.1

About Columbia Threadneedle Investments:
Threadneedle Investments is a leading global asset manager that provides
a broad range of investment strategies and solutions for individual,
institutional and corporate clients around the world. With more than
2,000 people, including over 450 investment professionals based in North
America, Europe and Asia, we manage $473 billion2 of assets
across developed and emerging market equities, fixed income, asset
allocation solutions and alternatives.

Columbia Threadneedle Investments is the global asset management group
of Ameriprise Financial, Inc. (NYSE:AMP).

For more information, please visit
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1Columbia Management Investment Advisers, LLC has
contractually agreed to waive its entire 0.28% management fee for a
period of 90 calendar days, commencing from October 12, 2017 and ending
on January 9, 2018.
2As of June 30, 2017.

Carefully consider the fund's investment objectives, risk factors and
charges and expenses before investing. This and other information can be
found in the fund's prospectus, which may be obtained by calling
888.800.4347 or by visiting the fund's website
to view or download a prospectus. Read the prospectus carefully before
investing. Investing involves risk, including possible loss of principal.

The Columbia Diversified Fixed Income Allocation ETF (the Fund) seeks
investment results that, before fees and expenses, closely correspond to
the performance of the Beta Advantage® Multi-Sector
Bond Index.

Investment risks — Fixed income securities involve interest rate,
credit, inflation, illiquidity and reinvestment risks. As interest rates
rise, the value of fixed income securities falls. High yield investments
possess greater price volatility, illiquidity, and possibility of
default. International investments are subject to special risks,
including currency fluctuations, and social, economic and political
uncertainties, which could increase volatility. These risks are
magnified in emerging markets. Asset-backed, mortgage-backed or
mortgage-related securities are subject to prepayment and extension
risks. Although the Fund's shares are listed on the Exchange, there can
be no assurance that an active, liquid or otherwise orderly trading
market for shares will be established or maintained. In addition to the
multi-sector bond strategies employed, the Fund may invest in other
securities, including private placements. The Fund may have portfolio
turnover, which may cause an adverse cost impact.

This fund is newly organized and does not have an operating history.
There is no guarantee that the investment objectives will be achieved or
that return expectations will be met.

Shares are not individually redeemable. Investors buy and sell shares
on a secondary market. Only market makers or "authorized participants"
may trade directly with the Fund(s), typically in blocks of 50,000

Shares are not FDIC insured, may lose value and have no bank

BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and
its affiliates (collectively "Bloomberg"). BARCLAYS® is a trademark and
service mark of Barclays Bank Plc (collectively with its affiliates,
"Barclays"), used under license. Bloomberg or Bloomberg's licensors,
including Barclays, own all proprietary rights in the Bloomberg Barclays
Indices. Neither Bloomberg nor Barclays is affiliated with Columbia
Management Investment Advisers, LLC, and neither approves, endorses,
reviews or recommends the Columbia Diversified Fixed Income Allocation
ETF. Neither Bloomberg nor Barclays guarantees the timeliness,
accurateness or completeness of any data or information relating to Beta
Advantage® Multi-Sector Bond Index, and neither shall be liable in any
way to the Columbia Diversified Fixed Income Allocation ETF, investors
in Columbia Diversified Fixed Income Allocation ETF or other third
parties in respect of the use or accuracy of the Beta Advantage®
Multi-Sector Bond Index or any data included therein.

The fund is distributed by ALPS Distributors, Inc., and managed
by Columbia Management Investment Advisers, LLC. (CMIA). ALPS is not
affiliated with CMIA.

Investment products are not federally or FDIC-insured, deposits or
obligations of or guaranteed by any financial institution and involve
risks, including possible loss of principal and fluctuation in value.

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© 2017 Columbia Management Investment Advisers, LLC. All rights reserved.

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