Zurich Life Threadneedle American Select

The American Select Fund (Columbia Threadneedle) invests mainly in equities of companies domiciled in North America or with significant North American operations. It can also invest, when appropriate, in fixed interest securities and money market instruments. The fund has no particular sector specialisation, so its holdings can span areas such as information technology, financials, consumer discretionary and health care.

The American Select Fund (Columbia Threadneedle) uses a 'Select' approach that allows significant stock and sector positions, which can increase volatility. In simple terms, volatility means the fund's value may rise and fall more sharply over time. Its concentrated portfolio also increases stock-specific risk, meaning poor performance from a few holdings could have a bigger impact.

The American Select Fund (Columbia Threadneedle) has included major North American companies such as NVIDIA, Microsoft, Alphabet, Amazon, Apple and Broadcom among its larger holdings. It also holds names like Charles Schwab, Eaton, JPMorgan Chase and Eli Lilly. These positions show that the fund is built around a relatively small group of selected stocks rather than a broad index-like approach.

Yes. The American Select Fund (Columbia Threadneedle) invests some of its assets outside the eurozone, so a currency risk arises for a euro investor. Currency risk means exchange-rate moves can reduce or boost returns when investments are held in foreign currencies.

The American Select Fund (Columbia Threadneedle) may suit investors who want active exposure to North American companies and are comfortable with a higher-risk equity allocation. Its stock selection style and concentrated portfolio mean it may appeal to investors who accept higher volatility in pursuit of capital gains and income. The fund is managed by Columbia Threadneedle and focuses on growth-oriented investing rather than sector-specific themes.