0000773757-11-000064.txt : 20110926
0000773757-11-000064.hdr.sgml : 20110926
20110926171301
ACCESSION NUMBER: 0000773757-11-000064
CONFORMED SUBMISSION TYPE: NSAR-B
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20110731
FILED AS OF DATE: 20110926
DATE AS OF CHANGE: 20110926
EFFECTIVENESS DATE: 20110926
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: COLUMBIA FUNDS SERIES TRUST I
CENTRAL INDEX KEY: 0000773757
IRS NUMBER: 363376651
STATE OF INCORPORATION: MA
FISCAL YEAR END: 0630
FILING VALUES:
FORM TYPE: NSAR-B
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-04367
FILM NUMBER: 111107822
BUSINESS ADDRESS:
STREET 1: 225 FRANKLIN STREET
CITY: BOSTON
STATE: MA
ZIP: 02110
BUSINESS PHONE: 8003382550
MAIL ADDRESS:
STREET 1: 225 FRANKLIN STREET
CITY: BOSTON
STATE: MA
ZIP: 02110
FORMER COMPANY:
FORMER CONFORMED NAME: COLUMBIA FUNDS TRUST IX
DATE OF NAME CHANGE: 20031107
FORMER COMPANY:
FORMER CONFORMED NAME: LIBERTY STEIN ROE FUNDS MUNICIPAL TRUST
DATE OF NAME CHANGE: 19991025
FORMER COMPANY:
FORMER CONFORMED NAME: STEINROE MUNICIPAL TRUST
DATE OF NAME CHANGE: 19920703
0000773757
S000027194
CMG Ultra Short Term Bond Fund
C000082083
CMG Ultra Short Term Bond Fund
CMGUX
NSAR-B
1
cfstianswer.fil
ANSWER FILE
PAGE 1
000 B000000 07/31/2011
000 C000000 0000773757
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 COLUMBIA FUNDS SERIES TRUST I
001 B000000 811-04367
001 C000000 6173859594
002 A000000 225 FRANKLIN STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02110
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 37
007 C016300 63
007 C026300 CMG Ultra Short Term Bond Fund
007 C036300 N
008 A00AA01 COLUMBIA MANAGEMENT INVESTMENT ADVISERS, LLC
008 B00AA01 A
008 C00AA01 801-25943
008 D01AA01 BOSTON
008 D02AA01 MA
008 D03AA01 02110
010 A006301 COLUMBIA MANAGEMENT INVESTMENT ADVISERS, LLC
010 B006301 801-25943
010 C016301 BOSTON
010 C026301 MA
010 C036301 02110
011 A00AA01 COLUMBIA MANAGEMENT INVESTMENT DISTRIBUTORS
011 B00AA01 8-25845
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02110
012 A00AA01 COLUMBIA MANAGEMENT INVESTMENT SERVICES CORP.
012 B00AA01 84-05685
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02110
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
014 A00AA01 COLUMBIA MANAGEMENT INVESTMENT DISTRIBUTORS
PAGE 2
014 B00AA01 8-25845
014 A00AA02 AMERICAN ENTERPRISE INVESTMENT SERVICES, INC.
014 B00AA02 8-42582
014 A00AA03 SECURITIES AMERICA, INC.
014 B00AA03 8-26602
014 A00AA04 AMERIPRISE FINANCIAL SERVICES, INC.
014 B00AA04 8-16791
014 A00AA05 RIVERSOURCE DISTRIBUTORS, INC.
014 B00AA05 8-67196
015 A00AA01 CITIBANK, N.A.
015 B00AA01 S
015 C01AA01 BUENOS AIRES
015 D01AA01 ARGENTINA
015 E04AA01 X
015 A00AA02 HSBC BANK MIDDLE EAST
015 B00AA02 S
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015 D01AA02 BAHRAIN
015 E04AA02 X
015 A00AA03 STANDARD CHARTERED BANK
015 B00AA03 S
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015 D01AA03 BANGLADESH
015 E04AA03 X
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015 B00AA04 S
015 C01AA04 ABIDJAN, IVORY COAST
015 D01AA04 BENIN
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015 C01AA05 HAMILTON
015 D01AA05 BERMUDA
015 E04AA05 X
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015 B00AA06 S
015 C01AA06 GABORONE
015 D01AA06 BOTSWANA
015 E04AA06 X
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015 D01AA08 BULGARIA
015 E04AA08 X
015 A00AA09 SOCIETE GENERALE DE BANQUES EN COTE D'IVOIRE
015 B00AA09 S
PAGE 3
015 C01AA09 ABIDJAN, IVORY COAST
015 D01AA09 BURKINA FASO
015 E04AA09 X
015 A00AA10 STATE STREET TRUST COMPANY CANADA
015 B00AA10 S
015 C01AA10 TORONTO
015 D01AA10 CANADA
015 E04AA10 X
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015 B00AA11 S
015 C01AA11 SHANGHAI
015 D01AA11 CHINA
015 E04AA11 X
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015 B00AA12 S
015 C01AA12 BOGOTA
015 D01AA12 COLOMBIA
015 E04AA12 X
015 A00AA13 BANCO BCT S.A.
015 B00AA13 S
015 C01AA13 SAN JOSE
015 D01AA13 COSTA RICA
015 E04AA13 X
015 A00AA14 PRIVREDNA BANKA ZAGREB D.D.
015 B00AA14 S
015 C01AA14 ZAGREB
015 D01AA14 CROATIA
015 E04AA14 X
015 A00AA15 CESKOSLOVENSKA OBCHODNI BANKA A.S.
015 B00AA15 S
015 C01AA15 PRAGUE
015 D01AA15 CZECH REPUBLIC
015 E04AA15 X
015 A00AA16 HSBC BANK EGYPT S.A.E.
015 B00AA16 S
015 C01AA16 CAIRO
015 D01AA16 EGYPT
015 E04AA16 X
015 A00AA17 BARCLAYS BANK OF GHANA LIMITED
015 B00AA17 S
015 C01AA17 ACCRA
015 D01AA17 GHANA
015 E04AA17 X
015 A00AA18 NATIONAL BANK OF GREECE S.A.
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015 C01AA18 ATHENS
015 D01AA18 GREECE
015 E04AA18 X
015 A00AA19 STANDARD CHARTERED BANK
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PAGE 4
015 D01AA19 HONG KONG (SAR)
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015 D01AA20 INDIA
015 E04AA20 X
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015 E04AA21 X
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015 A00AA23 BANK HAPOALIM B.M.
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015 C01AA23 TEL AVIV
015 D01AA23 ISRAEL
015 E04AA23 X
015 A00AA24 SUMITOMO MITSUI BANKING CORPORATION
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015 C01AA24 TOKYO
015 D01AA24 JAPAN
015 E04AA24 X
015 A00AA25 HSBC BANK MIDDLE EAST
015 B00AA25 S
015 C01AA25 AMMAN
015 D01AA25 JORDAN
015 E04AA25 X
015 A00AA26 BARCLAYS BANK OF KENYA LIMITED
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015 D01AA26 KENYA
015 E04AA26 X
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015 D01AA27 REPUBLIC OF KOREA
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015 A00AA28 HSBC BANK MIDDLE EAST
015 B00AA28 S
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015 D01AA28 LEBANON
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015 D01AA29 MALAYSIA
PAGE 5
015 E04AA29 X
015 A00AA30 SOCIETE GENERALE DE BANQUES EN COTE D'IVOIRE
015 B00AA30 S
015 C01AA30 ABIDJAN, IVORY COAST
015 D01AA30 MALI
015 E04AA30 X
015 A00AA31 HONGKONG & SHANGHAI BANKING CORP LIMITED
015 B00AA31 S
015 C01AA31 PORT LOUIS
015 D01AA31 MAURITIUS
015 E04AA31 X
015 A00AA32 BANCO NACIONAL DE MEXICO S.A.
015 B00AA32 S
015 C01AA32 MEXICO CITY
015 D01AA32 MEXICO
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015 A00AA33 STANDARD BANK NAMIBIA LIMITED
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015 C01AA33 WINDHOEK
015 D01AA33 NAMIBIA
015 E04AA33 X
015 A00AA34 SOCIETE GENERALE DE BANQUES EN COTE D'IVOIRE
015 B00AA34 S
015 C01AA34 ABIDJAN, IVORY COAST
015 D01AA34 NIGER
015 E04AA34 X
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015 B00AA35 S
015 C01AA35 LAGOS
015 D01AA35 NIGERIA
015 E04AA35 X
015 A00AA36 HSBC BANK MIDDLE EAST
015 B00AA36 S
015 C01AA36 MUSCAT
015 D01AA36 OMAN
015 E04AA36 X
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015 B00AA37 S
015 C01AA37 KARACHI
015 D01AA37 PAKISTAN
015 E04AA37 X
015 A00AA38 HSBC BANK MIDDLE EAST
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015 C01AA38 RAMALLAH
015 D01AA38 PALESTINE
015 E04AA38 X
015 A00AA39 STANDARD CHARTERED BANK
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PAGE 6
015 A00AA40 BANK HANDLOWY W WARSZAWIE S.A.
015 B00AA40 S
015 C01AA40 WARSAW
015 D01AA40 POLAND
015 E04AA40 X
015 A00AA41 BANCO COMERCIAL PORTUGUES
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015 C01AA41 LISBON
015 D01AA41 PORTUGAL
015 E04AA41 X
015 A00AA42 CITIBANK, N.A.
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015 D01AA42 PUERTO RICO
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015 A00AA43 HSBC BANK MIDDLE EAST
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015 C01AA43 DOHA
015 D01AA43 QATAR
015 E04AA43 X
015 A00AA44 ING BANK N.V.
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015 D01AA44 ROMANIA
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015 A00AA45 SOCIETE GENERALE DE BANQUES EN COTE D'IVOIRE
015 B00AA45 S
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015 D01AA45 SENEGAL
015 E04AA45 X
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015 D01AA46 SINGAPORE
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015 A00AA47 CESKOSLOVENSKA OBCHODNI BANKA A.S.
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015 C01AA47 BRATISLAVA
015 D01AA47 SLOVAK REPUBLIC
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015 D01AA48 SOUTH AFRICA
015 E04AA48 X
015 A00AA49 HONGKONG & SHANGHAI BANKING CORPORATION LTD
015 B00AA49 S
015 C01AA49 COLOMBO
015 D01AA49 SRI LANKA
015 E04AA49 X
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PAGE 7
015 B00AA50 S
015 C01AA50 MBABANE
015 D01AA50 SWAZILAND
015 E04AA50 X
015 A00AA51 SKANDINAVISKA ENSKILDA BANKEN
015 B00AA51 S
015 C01AA51 STOCKHOLM
015 D01AA51 SWEDEN
015 E04AA51 X
015 A00AA52 UBS AG
015 B00AA52 S
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015 D01AA52 SWITZERLAND
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015 A00AA53 STANDARD CHARTERED BANK
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015 C01AA53 BANGKOK
015 D01AA53 THAILAND
015 E04AA53 X
015 A00AA54 SOCIETE GENERALE DE BANQUES EN COTE D'IVOIRE
015 B00AA54 S
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015 E04AA58 X
015 A00AA59 HSBC BANK MIDDLE EAST
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015 D01AA59 UNITED ARAB EMIRATES
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015 A00AA60 STATE STREET BANK AND TRUST COMPANY
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PAGE 8
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015 D01AA60 UNITED KINGDOM
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015 A00AA61 STATE STREET BANK AND TRUST COMPANY
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015 D01AA63 VIETNAM
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015 A00AA64 HONGKONG AND SHANGHAI BANKING CORPORATION
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PAGE 9
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PAGE 10
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015 E04AA81 X
015 A00AA82 MIZUHO CORPORATE BANK, LTD.
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PAGE 11
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PAGE 12
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PAGE 13
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PAGE 14
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PAGE 15
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PAGE 16
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PAGE 17
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PAGE 18
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PAGE 19
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SIGNATURE MICHAEL G. CLARKE
TITLE CHIEF FINANCIAL OFFICER
EX-99
2
exhibits.txt
EXHIBITS
Columbia Funds Series Trust I -
Annual N-SAR report for the period ending 07/31/11
CMG Ultra Short Term Bond Fund
Item 77B - Accountant's report on internal control
Report of Independent Registered Public Accounting Firm
To the Trustees and Shareholders of Columbia Funds Series Trust I
In planning and performing our audit of the financial statements of CMG Ultra
Short Term Bond Fund (a series of Columbia Funds Series Trust I and hereafter
referred to as the "Fund") as of and for the year ended July 31, 2011, in
accordance with the standards of the Public Company Accounting Oversight
Board (United States), we considered the Fund's internal control over
financial reporting, including controls over safeguarding securities, as a
basis for designing our auditing procedures for the purpose of expressing our
opinion on the financial statements and to comply with the requirements of
Form N-SAR, but not for the purpose of expressing an opinion on the
effectiveness of the Fund's internal control over financial reporting.
Accordingly, we do not express an opinion on the effectiveness of the Fund's
internal control over financial reporting.
The management of the Fund is responsible for establishing and maintaining
effective internal control over financial reporting. In fulfilling this
responsibility, estimates and judgments by management are required to
assess the expected benefits and related costs of controls. A fund's
internal control over financial reporting is a process designed to provide
reasonable assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in accordance with
generally accepted accounting principles. A fund's internal control over
financial reporting includes those policies and procedures that (1)
pertain to the maintenance of records that, in reasonable detail, accurately
and fairly reflect the transactions and dispositions of the assets of the
fund; (2) provide reasonable assurance that transactions are recorded as
necessary to permit preparation of financial statements in accordance with
generally accepted accounting principles, and that receipts and expenditures
of the fund are being made only in accordance with authorizations of
management and trustees of the fund; and (3) provide reasonable assurance
regarding prevention or timely detection of unauthorized acquisition, use or
disposition of a fund's assets that could have a material effect on the
financial statements.
Because of its inherent limitations, internal control over financial
reporting may not prevent or detect misstatements. Also, projections
of any evaluation of effectiveness to future periods are subject to the
risk that controls may become inadequate because of changes in conditions,
or that the degree of compliance with the policies or procedures may
deteriorate.
A deficiency in internal control over financial reporting exists when the
design or operation of a control does not allow management or employees,
in the normal course of performing their assigned functions, to prevent
or detect misstatements on a timely basis. A material weakness is a
deficiency, or a combination of deficiencies, in internal control over
financial reporting, such that there is a reasonable possibility that a
material misstatement of the Fund's annual or interim financial statements
will not be prevented or detected on a timely basis.
Our consideration of the Fund's internal control over financial reporting
was for the limited purpose described in the first paragraph and would not
necessarily disclose all deficiencies in internal control over financial
reporting that might be material weaknesses under standards established by
the Public Company Accounting Oversight Board (United States). However, we
noted no deficiencies in the Fund's internal control over financial reporting
and its operation, including controls over safeguarding securities, that we
consider to be material weaknesses as defined above as of July 31, 2011.
This report is intended solely for the information and use of management and
the Board of Trustees of the Funds and the Securities and Exchange Commission
and is not intended to be and should not be used by anyone other than these
specified parties.
/s/PricewaterhouseCoopers LLP
Boston, Massachusetts
September 20, 2011
Item 77E - Legal Proceedings:
Information Regarding Pending and Settled
Legal Proceedings
In June 2004, an action captioned John E. Gallus et al. v. American
Express Financial Corp. and American Express Financial Advisors
Inc. was filed in the United States District Court for the District of
Arizona. The plaintiffs allege that they are investors in several
American Express Company mutual funds (branded as Columbia or
RiverSource) and they purport to bring the action derivatively on
behalf of those funds under the Investment Company Act of 1940.
The plaintiffs allege that fees allegedly paid to the defendants by the
funds for investment advisory and administrative services are
excessive. The plaintiffs seek remedies including restitution and
rescission of investment advisory and distribution agreements. The
plaintiffs voluntarily agreed to transfer this case to the United States
District Court for the District of Minnesota (the District Court). In
response to defendants' motion to dismiss the complaint, the District
Court dismissed one of plaintiffs' four claims and granted plaintiffs
limited discovery. Defendants moved for summary judgment in
April 2007. Summary judgment was granted in the defendants' favor
on July 9, 2007. The plaintiffs filed a notice of appeal with the
Eighth Circuit Court of Appeals (the Eighth Circuit) on August 8,
2007. On April 8, 2009, the Eighth Circuit reversed summary
judgment and remanded to the District Court for further
proceedings. On August 6, 2009, defendants filed a writ of certiorari
with the U.S. Supreme Court (the Supreme Court), asking the
Supreme Court to stay the District Court proceedings while the
Supreme Court considers and rules in a case captioned Jones v.
Harris Associates, which involves issues of law similar to those
presented in the Gallus case. On March 30, 2010, the Supreme Court
issued its ruling in Jones v. Harris Associates, and on April 5, 2010,
the Supreme Court vacated the Eighth Circuit's decision in the
Gallus case and remanded the case to the Eighth Circuit for further
consideration in light of the Supreme Court's decision in Jones v.
Harris Associates. On June 4, 2010, the Eighth Circuit remanded the
Gallus case to the District Court for further consideration in light of
the Supreme Court's decision in Jones v. Harris Associates. On
December 9, 2010, the District Court reinstated its July 9, 2007,
summary judgment order in favor of the defendants. On January 10,
2011, plaintiffs filed a notice of appeal with the Eighth Circuit. In
response to the plaintiffs' opening appellate brief filed on March 18,
2011, the defendants filed a response brief on May 4, 2011 with the
Eighth Circuit. The plaintiffs filed a reply brief on May 26, 2011.
In December 2005, without admitting or denying the allegations,
American Express Financial Corporation (AEFC, which is now
known as Ameriprise Financial, Inc. (Ameriprise Financial)), entered
into settlement agreements with the Securities and Exchange
Commission (SEC) and Minnesota Department of Commerce
(MDOC) related to market timing activities. As a result, AEFC was
censured and ordered to cease and desist from committing or causing
any violations of certain provisions of the Investment Advisers Act
of 1940, the Investment Company Act of 1940, and various
Minnesota laws. AEFC agreed to pay disgorgement of $10 million
and civil money penalties of $7 million. AEFC also agreed to retain
an independent distribution consultant to assist in developing a plan
for distribution of all disgorgement and civil penalties ordered by the
SEC in accordance with various undertakings detailed at
http://www.sec.gov/litigation/admin/ia-2451.pdf. Ameriprise
Financial and its affiliates have cooperated with the SEC and the
MDOC in these legal proceedings, and have made regular reports to
the funds' Boards of Directors/Trustees.
Ameriprise Financial and certain of its affiliates have historically
been involved in a number of legal, arbitration and regulatory
proceedings, including routine litigation, class actions, and
governmental actions, concerning matters arising in connection with
the conduct of their business activities. Ameriprise Financial believes
that the Funds are not currently the subject of, and that neither
Ameriprise Financial nor any of its affiliates are the subject of, any
pending legal, arbitration or regulatory proceedings that are likely to
have a material adverse effect on the Funds or the ability of
Ameriprise Financial or its affiliates to perform under their contracts
with the Funds. Ameriprise Financial is required to make 10-Q, 10-K
and, as necessary, 8-K filings with the Securities and Exchange
Commission on legal and regulatory matters that relate to Ameriprise
Financial and its affiliates. Copies of these filings may be obtained
by accessing the SEC website at www.sec.gov.
There can be no assurance that these matters, or the adverse publicity
associated with them, will not result in increased fund redemptions,
reduced sale of fund shares or other adverse consequences to the
Funds. Further, although we believe proceedings are not likely to
have a material adverse effect on the Funds or the ability of
Ameriprise Financial or its affiliates to perform under their contracts
with the Funds, these proceedings are subject to uncertainties and, as
such, we are unable to estimate the possible loss or range of loss that
may result. An adverse outcome in one or more of these proceedings
could result in adverse judgments, settlements, fines, penalties or
other relief that could have a material adverse effect on the
consolidated financial condition or results of operations of
Ameriprise Financial.