497 1 sif_sai.txt STRATEGIC INVESTOR BENCHMARK COLUMBIA STRATEGIC INVESTOR FUND (The "Fund") SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 1, 2007 1. The following language as applies to Columbia Strategic Investor Fund replaces the chart following the heading "Compensation" in the section MANAGEMENT: -------------------------------- ----------------------------------------- --------------------------------------------------- Portfolio Manager Performance Benchmarks Peer Group -------------------------------- ----------------------------------------- --------------------------------------------------- -------------------------------- ----------------------------------------- --------------------------------------------------- Emil A. Gjester Russell 3000 Value TR Lipper Multi-Cap Core Funds S&P 500 -------------------------------- ----------------------------------------- --------------------------------------------------- -------------------------------- ----------------------------------------- --------------------------------------------------- Jonas Patrikson Russell 3000 Value TR Lipper Multi-Cap Core Funds S&P 500 -------------------------------- ----------------------------------------- --------------------------------------------------- -------------------------------- ----------------------------------------- --------------------------------------------------- Michael T. Welter Russell 3000 Value TR Lipper Multi-Cap Core Funds S&P 500 -------------------------------- ----------------------------------------- --------------------------------------------------- -------------------------------- ----------------------------------------- --------------------------------------------------- Dara White Russell 3000 Value TR Lipper Multi-Cap Core Funds S&P 500 -------------------------------- ----------------------------------------- ---------------------------------------------------
INT-50/116620-0107 January 9, 2007