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2011-12-31
Columbia Funds Variable Insurance Trust I
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<p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="3"><b>COLUMBIA FUNDS VARIABLE INSURANCE TRUST I</b></font></p>
<p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2"><b>Columbia Variable Portfolio – Marsico 21<sup>st</sup> Century Fund </b></font></p>
<p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2"><b>(the "Fund")</b></font></p>
<p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2"><b>Supplement dated January 25, 2013 to </b></font></p>
<p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2"><b>the Fund's prospectus dated May 1, 2012</b></font></p>
<p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2">The Fund's prospectus is revised and supplemented as follows to reflect certain fee changes effective January 23, 2013:
</font></p>
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<p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="3"><b>COLUMBIA FUNDS VARIABLE INSURANCE TRUST I</b></font></p>
<p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2"><b>Columbia Variable Portfolio – Marsico Focused Equities Fund </b></font></p>
<p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2"><b>(the "Fund")</b></font></p>
<p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2"><b>Supplement dated January 25, 2013 to </b></font></p>
<p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2"><b>the Fund's prospectus dated May 1, 2012, as supplemented </b></font></p>
<p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2">The Fund's prospectus is revised and supplemented as follows to reflect certain fee changes effective January 23, 2013:
</font></p>
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<p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="3"><b>COLUMBIA FUNDS VARIABLE INSURANCE TRUST I</b></font></p>
<p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2"><b>Columbia Variable Portfolio – Marsico Growth Fund </b></font></p>
<p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2"><b>(the "Fund")</b></font></p>
<p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2"><b>Supplement dated January 25, 2013 to </b></font></p>
<p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2"><b>the Fund's prospectus dated May 1, 2012, as supplemented </b></font></p>
<p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2">The Fund's prospectus is revised and supplemented as follows to reflect certain fee changes effective January 23, 2013:
</font></p>
<div> </div>
0.0011
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0.0011
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<p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="3"><b>COLUMBIA FUNDS VARIABLE INSURANCE TRUST I</b></font></p>
<p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2"><b>Columbia Variable Portfolio – Marsico International Opportunities Fund </b></font></p>
<p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2"><b>(the "Fund")</b></font></p>
<p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2"><b>Supplement dated January 25, 2013 to </b></font></p>
<p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2"><b>the Fund's prospectus dated May 1, 2012, as supplemented</b> </font></p>
<p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial, Helvetica, sans-serif" size="2">The Fund's prospectus is revised and supplemented as follows to reflect certain fee changes effective January 23, 2013: </font></p>
<div> </div>
<p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"><b>
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
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2013-04-30
2013-04-30
2013-04-30
<p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">The section of the Fund's prospectus entitled <b><i>"Fees and Expenses of the Fund"</i></b> is modified by deleting the table entitled <b><i>"Annual Fund Operating Expenses"</i></b> and the expense example table in the subsection entitled <b><i>"Example"</i></b> and replacing them with the following:</p>
<p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">The section of the Fund's prospectus entitled <b><i>"Fees and Expenses of the Fund"</i></b> is modified by deleting the table entitled <b><i>"Annual Fund Operating Expenses"</i></b> and the expense example table in the subsection entitled <b><i>"Example"</i></b> and replacing them with the following:</p>
<p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">The section of the Fund's prospectus entitled <b><i>"Fees and Expenses of the Fund"</i></b> is modified by deleting the table entitled <b><i>"Annual Fund Operating Expenses"</i></b> and the expense example table in the subsection entitled <b><i>"Example"</i></b> and replacing them with the following:</p>
<p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">The section of the Fund's prospectus entitled <b><i>"Fees and Expenses of the Fund"</i></b> is modified by deleting the table entitled <b><i>"Annual Fund Operating Expenses"</i></b> and the expense example table in the subsection entitled <b><i>"Example"</i></b> and replacing them with the following:</p>
Management fees have been restated to reflect contractual changes to investment advisory and administrative fee rates.
Columbia Management Investment Advisers, LLC (the Investment Manager) and certain of its affiliates have contractually agreed to waive fees and/or to reimburse expenses (excluding certain fees and expenses, such as transaction costs and certain other investment related expenses, interest, taxes, acquired fund fees and expenses, and extraordinary expenses) until April 30, 2013, unless sooner terminated at the sole discretion of the Fund's Board of Trustees. Under this agreement, the Fund's net operating expenses, subject to applicable exclusions, will not exceed the annual rates of 0.81% for Class 1 and 1.06% for Class 2.
Since the waivers and/or reimbursements shown in the Annual Fund Operating Expenses table above expire one year from the date of the prospectus, they are only reflected in the 1 year example and the first year of the 3, 5 and 10 year examples.
Management fees have been restated to reflect contractual changes to investment advisory and administrative fee rates.
Columbia Management Investment Advisers, LLC (the Investment Manager) and certain of its affiliates have contractually agreed to waive fees and/or to reimburse expenses (excluding certain fees and expenses, such as transaction costs and certain other investment related expenses, interest, taxes, acquired fund fees and expenses, and extraordinary expenses) until April 30, 2013, unless sooner terminated at the sole discretion of the Fund's Board of Trustees. Under this agreement, the Fund's net operating expenses, subject to applicable exclusions, will not exceed the annual rates of 0.79% for Class 1 and 1.04% for Class 2.
Management fees have been restated to reflect contractual changes to investment advisory and administrative fee rates.
Columbia Management Investment Advisers, LLC (the Investment Manager) and certain of its affiliates have contractually agreed to waive fees and/or to reimburse expenses (excluding certain fees and expenses, such as transaction costs and certain other investment related expenses, interest, taxes, acquired fund fees and expenses, and extraordinary expenses) until April 30, 2013, unless sooner terminated at the sole discretion of the Fund's Board of Trustees. Under this agreement, the Fund's net operating expenses, subject to applicable exclusions, will not exceed the annual rates of 0.79% for Class 1 and 1.04% for Class 2.
Since the waivers and/or reimbursements shown in the Annual Fund Operating Expenses table above expire one year from the date of the prospectus, they are only reflected in the 1 year example and the first year of the 3, 5 and 10 year examples.
Since the waivers and/or reimbursements shown in the Annual Fund Operating Expenses table above expire one year from the date of the prospectus, they are only reflected in the 1 year example and the first year of the 3, 5 and 10 year examples.
Management fees have been restated to reflect contractual changes to investment advisory and administrative fee rates.
Columbia Management Investment Advisers, LLC (the Investment Manager) and certain of its affiliates have contractually agreed to waive fees and/or to reimburse expenses (excluding certain fees and expenses, such as transaction costs and certain other investment related expenses, interest, taxes, acquired fund fees and expenses, and extraordinary expenses) until April 30, 2013, unless sooner terminated at the sole discretion of the Fund's Board of Trustees. Under this agreement, the Fund's net operating expenses, subject to applicable exclusions, will not exceed the annual rate of 1.21% for Class 2.
Since the waivers and/or reimbursements shown in the Annual Fund Operating Expenses table above expire one year from the date of the prospectus, they are only reflected in the 1 year example and the first year of the 3, 5 and 10 year examples.