0000773757
2013-01-30
2013-01-30
0000773757
columbia:S000012075Member
2013-01-30
2013-01-30
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2012-08-31
COLUMBIA FUNDS SERIES TRUST I
0000773757
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2013-04-11
2013-04-11
2013-04-11
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<p></p>
<div style="font-size:14;padding-top:5;padding-bottom:0;padding-left:0; text-align: center"><font size="3"><b>COLUMBIA FUNDS SERIES TRUST I</b></font></div><p></p>
<div style="font-size:14;padding-top:5;padding-bottom:0;padding-left:0; text-align: center">
<font size="2"><b>COLUMBIA TECHNOLOGY FUND
<br/>
(the "Fund")
</b></font></div><p></p>
<div style="font-size:14;padding-top:5;padding-bottom:0;padding-left:0; text-align: center"><font size="2"><i>Supplement dated April 11, 2013 to the Fund's prospectus dated January 1, 2013, as supplemented</i></font></div><p></p>
<div style="font-size:14;padding-top:5;padding-bottom:0;padding-left:0; text-align: left"><font size="2">At the adjourned Joint Special Meeting of Shareholders held on April 10, 2013, shareholders of the Fund approved proposals to: (i) change the Fund's fundamental policy regarding concentration to provide that the Fund will, under normal market conditions, invest at least 25% of its total assets in securities of companies in the technology and related group of industries; and (ii) change the classification of the Fund from a "diversified" fund to a "non-diversified" fund, as such terms are defined in the Investment Company Act of 1940.</font></div><p></p>
<div style="font-size:14;padding-top:5;padding-bottom:0;padding-left:0; text-align: center"><font size="2">*****</font></div><p></p>
<div style="font-size:14;padding-top:5;padding-bottom:0;padding-left:0; text-align: center"><font size="2">Accordingly, the following revisions to the Fund's prospectus are made effective immediately:</font></div><p></p>
<p></p>
<p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"><b> <i>
The section of the Fund's prospectus entitled "Principal Investment Strategies" is modified by deleting footnote (a) and adding the following paragraph:</i></b></p>
<p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">The Fund is non-diversified, which means that it can invest a greater percentage of its assets in the securities of fewer issues than can a diversified fund. Under normal circumstances, the Fund invests at least 25% of the value of its total net assets at the time of purchase in the securities of issuers conducting their principal business activities in the technology and related group of industries. </p>
<p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b><i>
The section of the Fund's prospectus entitled "Principal Risks" is modified by adding the following disclosure as an additional risk within the section:</i></b></p>
<p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">
<b>Non-Diversified Mutual Fund Risk</b> – The Fund is non-diversified, which generally means that it may invest a greater percentage of its total assets in the securities of fewer issuers than may a "diversified" fund. This increases the risk that a change in the value of any one investment held by the Fund could affect the overall value of the Fund more than it would affect that of a diversified fund holding a greater number of investments. Accordingly, the Fund's value will likely be more volatile than the value of more diversified funds. The Fund may not operate as a non-diversified fund at all times.</p>
<p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">
<b>Non-Diversified Mutual Fund Risk</b> – The Fund is non-diversified, which generally means that it may invest a greater percentage of its total assets in the securities of fewer issuers than may a "diversified" fund. This increases the risk that a change in the value of any one investment held by the Fund could affect the overall value of the Fund more than it would affect that of a diversified fund holding a greater number of investments. Accordingly, the Fund's value will likely be more volatile than the value of more diversified funds. The Fund may not operate as a non-diversified fund at all times.</p>