497 1 corebndsaisuplmnt.txt CORE BOND SAI SUPPLEMENT COLUMBIA FUNDS SERIES TRUST I Supplement to the Statement of Additional Information Dated September 1, 2006 (Replacing Supplement dated November 8, 2006) Columbia Core Bond Fund (the "Fund") Effective immediately, the following information as it pertains to the Fund is revised adding information relating to Mr. Leonard Aplet, Mr. Brian Drainville and Mr. Driscoll DoCanto as co-managers of that Fund: o The following is added to the table under the heading "Other Accounts Managed by the Portfolio Managers":
----------------------- -------------------------------- ------------------------------ ------------------------------ Portfolio Manager Other SEC-registered open-end Other pooled investment Other accounts and closed-end funds vehicles ----------------------- -------------------------------- ------------------------------ ------------------------------ ----------------------- --------------- ---------------- --------------- -------------- ------------ ----------------- Number Number of of accounts Assets Number of accounts Assets accounts Assets ----------------------- --------------- ---------------- --------------- -------------- ------------ ----------------- ----------------------- --------------- ---------------- --------------- -------------- ------------ ----------------- Leonard Aplet 12 $3.74 billion 8 $1.62 billion 130 $7.5 billion ----------------------- --------------- ---------------- --------------- -------------- ------------ ----------------- ----------------------- --------------- ---------------- --------------- -------------- ------------ ----------------- Brian Drainville 2 $658 million 12 $3 billion 64 $5.236 billion ----------------------- --------------- ---------------- --------------- -------------- ------------ ----------------- ----------------------- --------------- ---------------- --------------- -------------- ------------ ----------------- Driscoll DoCanto 0 0 12 $3 billion 64 $5.236 billion ----------------------- --------------- ---------------- --------------- -------------- ------------ -----------------
Account information is provided as of September 30, 2006. o The following is added to the table under the heading "Ownership of Securities": --------------------------------------- -------------------------------------- Dollar Range of Equity Securities Portfolio Manager in the Fund Beneficially Owned -------------------------------------- --------------------------------------- -------------------------------------- ---------------------------------------- Leonard Aplet NONE -------------------------------------- -------------------------------------- -------------------------------------- -------------------------------------- Brian Drainville NONE -------------------------------------- --------------------------------------- -------------------------------------- ---------------------------------------- Driscoll DoCanto NONE -------------------------------------- ---------------------------------------- Account information is provided as of September 30, 2006. o The following is added to the table under the heading "Compensation":
-------------------------------- --------------------------------------------- --------------------------------- Portfolio Manager Peer Group Performance Benchmark -------------------------------- --------------------------------------------- --------------------------------- -------------------------------- --------------------------------------------- --------------------------------- Leonard Aplet Lipper Corporate Debt Funds A Rated Category Lehman Aggregate Bond Index -------------------------------- --------------------------------------------- --------------------------------- -------------------------------- --------------------------------------------- --------------------------------- Brian Drainville Lipper Corporate Debt Funds A Rated Category Lehman Aggregate Bond Index -------------------------------- --------------------------------------------- --------------------------------- -------------------------------- --------------------------------------------- --------------------------------- Driscoll DoCanto Lipper Corporate Debt Funds A Rated Category Lehman Aggregate Bond Index -------------------------------- --------------------------------------------- ---------------------------------
INT-50/115331-1106 November 27, 2006