0000773757-13-000008.txt : 20130228 0000773757-13-000008.hdr.sgml : 20130228 20130228101046 ACCESSION NUMBER: 0000773757-13-000008 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20121231 FILED AS OF DATE: 20130228 DATE AS OF CHANGE: 20130228 EFFECTIVENESS DATE: 20130228 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: 13649578 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 S000012072 Columbia Real Estate Equity Fund C000032863 Class A CREAX C000032864 Class B CREBX C000032865 Class C CRECX C000032867 Class Z CREEX C000094671 Class I CREIX C000094672 Class R CRSRX C000094673 Class K CRRFX C000094674 Class R5 CRRVX C000094675 Class W CREWX C000122663 Class R4 CRERX NSAR-B 1 answer.fil NSAR-B PAGE 1 000 B000000 12/31/2012 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 42 007 C012800 28 007 C022800 Columbia Real Estate Equity Fund 007 C032800 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 A00AA01 COLUMBIA MANAGEMENT INVESTMENT ADVISERS, LLC 010 B00AA01 801-25943 010 C01AA01 BOSTON 010 C02AA01 MA 010 C03AA01 02110 011 A00AA01 COLUMBIA MGMT INVESTMENT DISTRIBUTORS, INC. 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 02266 012 C04AA01 8081 013 A00AA01 PRICEWATERHOUSECOOPERS LLP 013 B01AA01 MINNEAPOLIS 013 B02AA01 MN 013 B03AA01 55402 PAGE 2 014 A00AA01 COLUMBIA MGMT INVESTMENT DISTRIBUTORS, INC. 014 B00AA01 8-25845 014 A00AA02 AMERICAN ENTERPRISE INVESTMENT SERVICES INC. 014 B00AA02 8-42582 014 A00AA03 AMERIPRISE FINANCIAL SERVICES, INC. 014 B00AA03 8-16791 014 A00AA04 RIVERSOURCE DISTRIBUTORS, INC. 014 B00AA04 8-67196 015 A00AA01 JPMORGAN CHASE BANK, N.A. 015 B00AA01 C 015 C01AA01 NEW YORK 015 C02AA01 NY 015 C03AA01 10004 015 E01AA01 X 015 A00AA02 AB SEB BANKAS 015 B00AA02 S 015 C01AA02 VILNIUS 015 D01AA02 LITHUANIA 015 E04AA02 X 015 A00AA03 BANCO BCT, S.A. 015 B00AA03 S 015 C01AA03 SAN JOSE 015 D01AA03 COSTA RICA 015 E04AA03 X 015 A00AA04 BANCO ITAU URUGUAY S.A. 015 B00AA04 S 015 C01AA04 MONTEVIDEO 015 D01AA04 URUGUAY 015 E04AA04 X 015 A00AA05 BANCO NACIONAL DE MEXICO, S.A. 015 B00AA05 S 015 C01AA05 MEXICO CITY 015 D01AA05 MEXICO 015 E04AA05 X 015 A00AA06 BANCO SANTANDER CHILE 015 B00AA06 S 015 C01AA06 SANTIAGO 015 D01AA06 CHILE 015 E04AA06 X 015 A00AA07 BANK HANDLOWY W. 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N 077 N000000 N 077 O000000 N 077 P000000 N 077 Q010000 Y 077 Q020000 N 077 Q030000 N 078 000000 N 080 A00AA00 ICI Mutual Insurance Company 080 B00AA00 n/a 080 C00AA00 10000 081 A00AA00 Y 081 B00AA00 51 082 A00AA00 N 082 B00AA00 0 083 A00AA00 N 083 B00AA00 0 084 A00AA00 N 084 B00AA00 0 085 A00AA00 Y 085 B00AA00 N 086 A010000 0 086 A020000 0 086 B010000 0 086 B020000 0 086 C010000 0 086 C020000 0 086 D010000 0 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 This report is signed on behalf of the registrant (or depositor or trustee). City of: Boston State of: Massachusetts Date: February 19, 2013 Name of Registrant, Depositor, or Trustee: Columbia Funds Series Trust I /s/ Michael G. Clarke ------------------------------------------------------------------------------- Michael G. Clarke Treasurer /s/ Joseph F. DiMaria ------------------------------------------------------------------------------- Joseph F. DiMaria Chief Accounting Officer Witness Columbia Funds Series Trust I EX-99.77B ACCT LTTR 2 EX99.77B.txt EX-99.77B ACCT LTTR EXHIBIT77B Report of Independent Registered Public Accounting Firm To the Trustees and Shareholders of Columbia Fund Series Trust I In planning and performing our audits of the financial statements of the Columbia Real Estate Equity Fund (the "Fund") as of and for the year ended December 31, 2012, 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 December 31, 2012. This report is intended solely for the information and use of management and the Board of Trustees of the Fund 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 Minneapolis, Minnesota February 21, 2013 EX-99.77E LEGAL 3 EX99.77E.txt EX-99.77E LEGAL EXHIBIT77E Columbia Funds Series Trust I - Annual N-SAR report for the period ending 12/31/12 Columbia Real Estate Equity Fund (the "Fund") ------------------------------------------------------------------------------- Item 77E - Legal Proceedings: 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 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 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. EX-99.77H CHNG CNTRL 4 EX99.77H.txt EX-99.77H CHNG CNTRL EXHIBIT77H Columbia Funds Series Trust I - Annual N-SAR report for the period ending 12/31/12 Columbia Real Estate Equity Fund (the "Fund") ------------------------------------------------------------------------------- N-SAR Item 77H: Changes in Control of Registrant Below are persons presumed to control Registrant's series because such person owns more than 25% of a series based on the records of the series. Columbia Real Estate Equity Fund As of December 31, 2012 -------------------------------------------- ---------------------------------- Name of Person Ownership % of Series -------------------------------------------- ---------------------------------- Merrill Lynch Pierce Fenner & Smith 29.48% -------------------------------------------- ---------------------------------- -------------------------------------------- ---------------------------------- As of July 1, 2012 -------------------------------------------- ---------------------------------- Name of Person Ownership % of Series -------------------------------------------- ---------------------------------- -------------------------------------------- ---------------------------------- Changes in Control Persons --------------------- ---------------------------- ---------------------------- Date/Description of Transaction(s) Became a, or Name of Person Ownership % of Series Ceased to be, Control Person --------------------- ---------------------------- ---------------------------- --------------------- ---------------------------- ---------------------------- EX-99.77I NEW SECUR 5 EX99.77I.txt EX-99.77I NEW SECUR EXHIBIT 77I Columbia Funds Series Trust I - Annual N-SAR report for the period ending 12/31/12 Columbia Real Estate Equity Fund (the "Fund") ------------------------------------------------------------------------------- Item 77I/77Q1(d) - Terms of new or amended securities: Changes to certain features of Class A, R3, R4, R5, Y and Z shares of the Columbia Funds, as described in the supplement to the prospectus(es) and Statement of Additional Information of each of the below-named funds, dated and filed October 1, 2012 pursuant to Rule 497(e) of the Securities Act of 1933,Accession No. 0001193125-12-410379, are incorporated by reference. * Columbia Real Estate Equity Fund COLUMBIA FUNDS SERIES TRUST COLUMBIA FUNDS SERIES TRUST I COLUMBIA FUNDS SERIES TRUST II (the "Trusts") Supplement dated October 1, 2012 to certain Prospectuses and Statements of Additional Information Certain features of Class A, R3, R4, R5, Y and Z shares of the Columbia Funds are changing, as described below: As used in this Supplement, the term "retirement plan" refers to retirement plans created under sections 401(a), 401(k), 457 and 403(b) of the Internal Revenue Code of 1986, as amended (the Code), non-qualified deferred compensation plans governed by section 409A of the Code and similar plans but does not refer to individual retirement plans. The term "omnibus retirement plan" refers to a retirement plan that has a plan-level or omnibus account with the Funds' transfer agent. The term "selling agent" refers to the financial intermediaries that are authorized to sell Fund shares. Selling agents include broker-dealers and financial advisors as well as firms that employ such broker-dealers and financial advisors, including, for example, brokerage firms, banks, investment advisers, third party administrators and other financial intermediaries, including Ameriprise Financial, Inc. and its affiliates. Effective as of the date hereof, the Prospectuses and the Statements of Additional Information (together, the SAIs) to which this Supplement is attached are modified as indicated below: 1.Name Change for Class R4. Effective October 25, 2012, Class R4 shares will be re-named Class K shares and all references to Class R4 shares in the Prospectuses and the SAIs will be deemed to be references to Class K shares. There are no other changes to this share class. Class K shares remain closed to new investors and new accounts, subject to certain exceptions described in the applicable Prospectus. References to Class K shares below refer to the Class R4 shares that have been re-named Class K shares. 2.Changes to Class R3. The following changes will occur to Class R3 shares: A.Name Change. Effective October 31, 2012, Class R3 shares will be re-named Class R4 shares and all references to Class R3 shares in the Prospectuses and the SAIs will be deemed to be references to Class R4 shares. References to Class R4 shares below refer to the Class R3 shares that have been re-named Class R4 shares. B.Fee Changes. Effective November 1, 2012, Class R4 shares of a Fund will no longer be subject to a 0.25% distribution fee or 0.25% plan administration fee. In addition, the transfer agency fees for Class R4 shares will increase, as described below under Transfer Agency Fees. C.Re-opening. Effective November 8, 2012, Class R4 shares will be available for purchase by omnibus retirement plans, trust companies or similar institutions, 501(c)(3) charitable organizations, 529 plans and health savings accounts. 3.Changes to Class R5 - Re-opening; Eligibility. Effective November 8, 2012, Class R5 shares of a Fund are available only to (i) registered investment advisers that clear Fund share transactions for their client or customer accounts through designated mutual fund trading platforms that have been granted specific written authorization from the Funds'transfer agent with respect to Class R5 eligibility apart from selling, servicing or similar agreements and (ii) omnibus retirement plans. Prior to November 8, 2012, Class R5 shares were closed to new investors and new accounts, subject to certain exceptions. Existing shareholders who do not satisfy the new eligibility requirements for investment in Class R5 shares may not establish new Class R5 accounts, but may continue to make additional purchases of Class R5 shares in accounts opened and funded prior to November 8, 2012. In addition, investment advisory programs and similar programs that opened a Class R5 account as of May 1, 2010, and continuously hold Class R5 shares in such account after such date, may generally not only continue to make additional purchases of Class R5 shares but also open new Class R5 accounts and add new shareholders in the program. 4.Changes to Class Y - Eligibility. Effective November 8, 2012, Class Y shares of a Fund are available only to (i) omnibus retirement plans with plan assets of at least $10 million as of the date of funding the Fund account; and (ii) omnibus retirement plans with plan assets of less than $10 million as of the date of funding the Fund account, provided that such plans invest $500,000 or more in Class Y shares of the Fund. Prior to November 8, 2012, Class Y shares were offered only to certain former shareholders of series of the former Columbia Funds Institutional Trust (together, Former CFIT Shareholders). Former CFIT Shareholders who opened and funded a Class Y account with a Fund as of the close of business on November 7, 2012 may continue to make additional purchases of Class Y shares even if they do not satisfy the new eligibility requirements but may not establish new Class Y accounts and will not be eligible to exchange Class Y shares of a Fund into Class Y shares of other Funds. Former CFIT Shareholders may exchange Class Y shares of a Fund for Class Z shares of the same Fund or Class Z shares of another Fund, subject to applicable minimum investments. 5.Changes to Class Z - Partial Closing. A.Omnibus Retirement Plans. Effective March 29, 2013, omnibus retirement plans are not permitted to establish new Class Z accounts, other than pursuant to the following exceptions. Omnibus retirement plans that opened and funded a Class Z account with a Fund as of the close of business on March 28, 2013, and continuously hold Class Z shares in such account after March 28, 2013, may continue to make additional purchases of Class Z shares, open new Class Z accounts and add new participants. In addition, an omnibus retirement plan may, in the discretion of the Funds'distributor, open new Class Z accounts for a Fund after March 28, 2013 if the plan'sponsor or an affiliated sponsor opened and funded a Class Z account for another omnibus retirement plan as of March 28, 2013. If an omnibus retirement plan invested in Class Z shares changes recordkeepers after March 28, 2013, any new accounts established for that plan may not be established in Class Z shares but such a plan may establish new accounts in a different share class for which the plan is eligible. B.Selling Agents that Clear through Certain Platforms. Effective March 29, 2013, accounts of selling agents (other than omnibus retirement plans, discussed above) that clear Fund share transactions for their client or customer accounts through designated mutual fund trading platforms that have received specific written notice from the Funds' transfer agent of the termination of their eligibility for new purchases of Class Z shares will not be permitted to establish new Class Z accounts or make additional purchases of Class Z shares for existing accounts (other than through reinvestment of distributions). C.Other Existing Class Z Shareholders. Existing holders of Class Z shares (other than those described in the immediately preceding paragraph) may continue to maintain Class Z accounts and make additional purchases of Class Z shares (including through reinvestment of distributions). 6.Exchangeability. Shareholders may exchange shares of one share class of a Fund for shares of another share class of the Fund or another fund managed by Columbia Management Investment Advisers, LLC or its affiliates, subject to eligibility. Before making such an exchange, you should consider the fees and expenses of each share class. 7.Front-End Sales Charge Waivers for Class A Shares. Effective November 8, 2012, the Funds'distributor may waive front-end sales charges on (i) purchases (including exchanges) of Class A shares in accounts of selling agents that have entered into agreements with the Funds' distributor to offer Fund shares to self-directed investment brokerage accounts that may or may not charge a transaction fee to customers and (ii) exchanges of Class Z shares of a Fund for Class A shares of the Fund. 8.Selling Agent Compensation. The following is added to the section of each Prospectus entitled Selling Agent Compensation as the last paragraph of such section: Generally, the Distributor, the Investment Manager and their affiliates do not make any of the marketing support payments described in the first and second paragraph of this section with respect to Class Y shares; provided, however, that such payments are, or may be, made to Bank of America with respect to Class Y shares of Columbia Bond Fund, Columbia Global Dividend Opportunity Fund, Columbia Income Opportunities Fund, Columbia Large Cap Enhanced Core Fund, Columbia Large Cap Growth Fund, Columbia Large Cap Value Fund, Columbia Mid Cap Growth Fund, Columbia Mid Cap Value Fund, Columbia Multi-Advisor International Equity Fund, Columbia Short Term Bond Fund, Columbia Small Cap Growth Fund I and Columbia Small Cap Value Fund I. In addition, the Funds' transfer agent does not pay selling agents for the shareholder servicing support described in the third and fourth paragraph of this section with respect to Class Y shares. 9.Transfer Agency Fees. Effective November 1, 2012, the Funds will pay their transfer agent the following transfer agency fee: (i) an annual fee of $21 per account (excluding Class I share accounts) and (ii) either (a) for all share classes other than Class I, K, R5 and Y) an annual rate of 0.20% of the average aggregate value of shares maintained in omnibus accounts (other than omnibus accounts for which American Enterprise Investment Services, Inc. is the broker of record or accounts where the beneficial owner is a customer of Ameriprise Financial Services, Inc., for which the transfer agent is reimbursed $16 annually, calculated monthly based on the total number of positions in which accounts at the end of such month) or (b) for Class K and Class R5 shares 0.05% of the average aggregate value of shares maintained in omnibus accounts, provided that total transfer agency fees for Class K and Class R5 shares, including reimbursements, shall not exceed 0.05%. The Funds also pay certain reimbursable out-of-pocket expenses of the transfer agent, as described in the Statement of Additional Information. Prior to November 1, 2012, Class R4 shares paid a lower transfer agency fee equal to (i) an annual fee of $21 per account and (ii) 0.05% of the average aggregate value of shares maintained in omnibus accounts. Effective November 1, 2012, Class Y shares will not pay transfer agency fees for at least twelve months. ***** On November 7, 2012, a Form Type 485(b), Accession No. 0001193125-12-456916, an amendment to the registration statement of Columbia Funds Series Trust I, was filed with the SEC. This amendment registered new classes of shares of the Fund listed below, effective November 8, 2012, and describes the characteristics of the new classes of shares: ------------------------------------- ------------------------------ Fund New Shares Class(es) ------------------------------------- ------------------------------ Columbia Real Estate Equity Fund Class R4 ------------------------------------- ------------------------------