Columbia EM Core ex-China ETF (XCEM) Stock Price, Quote, News & History | Benzinga

The Fund is an exchange-traded fund (ETF). The Fund seeks to achieve its investment objective by attempting to replicate the performance of the Index through investments in equity securities, including, but not limited to, common shares traded on local exchanges, American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). Under normal circumstances, the Fund will invest at least 80 percent of its net assets in the companies included in the Index and generally expects to be substantially invested at such times, with at least 95 percent of its net assets invested in these securities. These companies are domiciled in emerging market countries, excluding companies domiciled, or whose stock is listed for trading on an exchange, in China, as well as companies domiciled in Hong Kong. The Fund defines emerging market countries as those that are in the intermediate stages of their economic development and classified by Columbia Management Investment Advisers, LLC (Columbia Management or the Investment Manager) as Emerging Markets. The Fund may invest in companies of all capitalization sizes, which includes small capitalization (small cap) companies (i.e., those with market capitalizations between U.S. dollar 100 million and U.S. dollar 2 billion), mid-capitalization (mid cap) companies (i.e., those with market capitalizations between U.S. dollar 2 billion and U.S. dollar 10 billion) as well as large capitalization companies. A substantial portion of the Funds assets are denominated in currencies other than the U.S. dollar.