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WHAT IS MY MUTUAL FUND ACCOUNT WORTH TODAY?

If you are invested in a mutual fund, have you ever wondered what your investment was worth? You can find out by using your quarterly account statement, a newspaper and simple multiplication. Every three months, mutual fund shareholders receive a statement that shows how many shares they own and how much a share was worth at the end of the last three-month period. This quarterly statement also lists all the transactions - such as purchase or redemption of shares, any capital gains distributions and dividend reinvestments - that occurred during the three-month period and often includes other pertinent information.

Because the value of the securities owned by a mutual fund changes, the value of each fund share changes, too. You can learn how much a share of a mutual fund is worth on any particular day by checking The Wall Street Journal. In this newspaper, mutual funds are listed in a separate section in alphabetical order under the name of the fund company. Most, if not all other major newspapers also list the share prices for mutual funds the same way.

In a newspaper listing, the latest share price is shown as the fund's net asset value or NAV. For example, let's say you owned 75 shares in LMNOP Fund and you wanted to know how much your account was worth on August 17th. You would look in The Wall Street Journal for that day and see that the fund's NAV was $11.13. Then, multiply the number of shares you own by the fund's NAV to find out what your investment is worth.

You can also learn additional information about your fund from the newspaper listing. In The Wall Street Journal, the NAV CHG column shows how much the price of your shares has changed since the previous day. The Wall Street Journal also lists a fund's return since the beginning of the year (YTD %RET) and its three-year return (3-YR %RET). Many other newspapers provide the same information, but the column headings may be different. Explore the mutual fund section of your newspaper to see what information it contains.



 
 
Please consider the objectives, risks, charges and expenses of any Columbia fund carefully before investing. Contact your financial advisor for a prospectus, which contains this and other important information about the fund. You should read it carefully before investing.