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WHAT IS NASDAQ?

NASDAQ (pronounced naz-dak) stands for National Association of Securities Dealers Automated Quotations - quite a mouthful!

Although it is not an index like the Dow Jones Industrial Average or the S&P 500 Index, NASDAQ is used by many investors as a measure of how tech stocks are performing because it includes many of these stocks. NASDAQ is actually an exchange, or a system for pricing and trading stocks. Unlike the New York Stock Exchange, where stocks may be traded on an actual trading floor, NASDAQ uses only a computerized system.

Our article "Watching the Stock Market" provides more information about both Dow Jones Industrial Average and the S&P 500 Index.



 
 
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.