-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NPmETB+TkwqmI1IeW60lK3BPGLlQzw4juvNXQMdXTmWpk7NiZeL898pi3EVwdR52 cgojzsNip8D17HGri5fPvg== 0001193125-09-061036.txt : 20090323 0001193125-09-061036.hdr.sgml : 20090323 20090323163134 ACCESSION NUMBER: 0001193125-09-061036 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090323 DATE AS OF CHANGE: 20090323 EFFECTIVENESS DATE: 20090323 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: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-99356 FILM NUMBER: 09699106 BUSINESS ADDRESS: STREET 1: ONE FINANCIAL CENTER CITY: BOSTON STATE: MA ZIP: 02111 BUSINESS PHONE: 8003382550 MAIL ADDRESS: STREET 1: ONE FINANCIAL CENTER CITY: BOSTON STATE: MA ZIP: 02111 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 S000010615 Columbia High Yield Municipal Fund C000029350 Class A LHIAX C000029351 Class B CHMBX C000029352 Class C CHMCX C000029353 Class Z SRHMX 0000773757 S000012076 Columbia Asset Allocation Fund C000032882 Class A LAAAX C000032883 Class B LAABX C000032884 Class C LAACX C000032886 Class T GAAAX C000032887 Class Z GAATX 0000773757 S000012078 Columbia Disciplined Value Fund C000032894 Class A LEVAX C000032895 Class B LEVBX C000032896 Class C LEVCX C000032898 Class T GALEX C000032899 Class Z GEVTX 0000773757 S000012082 Columbia Liberty Fund C000032916 Class A COLFX C000032917 Class B CCFBX C000032918 Class C CTCCX C000032919 Class Z CTCFX 0000773757 S000021568 Columbia Blended Equity Fund C000061796 Class A Shares CBDAX C000061797 Class C Shares CBDCX C000061798 Class Z Shares UMEQX 0000773757 S000021570 Columbia Select Opportunities Fund C000061802 Class A Shares EEOAX C000061803 Class C Shares EEOCX C000061804 Class Z Shares UMECX 0000773757 S000021578 Columbia Value and Restructuring Fund C000061829 Class A Shares EVRAX C000061830 Class C Shares EVRCX C000061831 Class R Shares URBIX C000061832 Class Z Shares UMBIX 497 1 d497.htm COLUMBIA FUNDS SERIES TRUST I Columbia Funds Series Trust I

COLUMBIA FUNDS SERIES TRUST I

Columbia Disciplined Value Fund

Columbia Asset Allocation Fund

Columbia Liberty Fund

(each a “Fund”, together the “Funds”)

Supplement dated March 23, 2009 to the

Statement of Additional Information dated February 1, 2009

Effective February 20, 2009, in the section entitled “Investment Advisory and Other Services - The Advisor and Investment Advisory Services,” the following information as it pertains to each Fund is revised as follows:

 

  1. All references to Vikram Kuriyan, PhD and Karen Wurdack, PhD as managers of the Funds are deleted.

 

  2. The following are added to the table under the heading “Portfolio Manager(s) of the Advisor”:

 

Portfolio Manager

   

Fund

Brian M. Condon    Disciplined Value Fund
Anwiti Bahuguna, PhD   

Asset Allocation Fund

Liberty Fund

Kent M. Peterson, PhD   

Asset Allocation Fund

Liberty Fund

Marie M. Schofield   

Asset Allocation Fund

Liberty Fund

 

  3. The following are added to the table under the heading “Performance Benchmarks”:

 

Portfolio Manager

  

Primary Benchmark(s)

  

Peer Group

Brian M. Condon   Russell 1000 Value Index   Lipper Large Cap Value Funds Classification
Anwiti Bahuguna, PhD  

S&P 500 Index

Barclays Capital U.S.

Aggregate Bond Index

   Lipper Mixed Asset Target Allocation Growth Funds Classification
Kent M. Peterson, PhD  

S&P 500 Index

Barclays Capital U.S.

Aggregate Bond Index

   Lipper Mixed Asset Target Allocation Growth Funds Classification
Marie M. Schofield  

S&P 500 Index

Barclays Capital U.S.

Aggregate Bond Index

   Lipper Mixed Asset Target Allocation Growth Funds Classification

  4. The following are added to the table under the heading “Other Accounts Managed by the Portfolio Manager(s)”:

 

Portfolio Manager

    Other SEC-registered
open-end and
closed-end funds		    Other pooled investment
vehicles		    Other accounts
     Number
of
accounts		    Assets    Number
of
accounts		    Assets    Number
of
accounts		    Assets

Brian M. Condon*

   0    $ 0    1    $ 25 million    7    $ 1 million

Anwiti Bahuguna, PhD*

    8    $ 13.4 million    0    $ 0    4    $ 250,000

Kent M. Peterson, PhD*

    0    $ 0    0    $ 0    2    $ 363,935

Marie M. Schofield*

    0    $ 0    0    $ 0    0    $ 0

 

* Account information is provided as of December 31, 2008.

 

  5. The following are added to the table under the heading “Other Accounts Managed by the Portfolio Manager(s) for which the Advisory Fee is Based on Performance”:

 

Portfolio Manager

    Other SEC-registered
open-end and
closed-end funds		    Other pooled investment
vehicles		    Other accounts
     Number
of
accounts		    Assets    Number
of
accounts		    Assets    Number
of
accounts		    Assets

Brian M. Condon*

   0    $ 0    1    $ 25 million    0    $ 0

Anwiti Bahuguna, PhD*

    0    $ 0    0    $ 0    0    $ 0

Kent M. Peterson, PhD*

    0    $ 0    0    $ 0    0    $ 0

Marie M. Schofield*

    0    $ 0    0    $ 0    0    $ 0

 

* Account information is provided as of December 31, 2008.

  6. The following are added to the table under the heading “Portfolio Manager Ownership of the Funds as of September 30, 2008”:

 

Portfolio Manager

   

Fund

   

Dollar Range of Equity

Securities in the

Fund Beneficially

Owned

Brian M. Condon*    Disciplined Value Fund    None
Anwiti Bahuguna, PhD*   

Asset Allocation Fund

Liberty Fund

    None
Kent M. Peterson, PhD*   

Asset Allocation Fund

Liberty Fund

    None
Marie M. Schofield*   

Asset Allocation Fund

Liberty Fund

    None

 

* Account information is provided as of December 31, 2008.

Shareholders should retain this Supplement for future reference.

INT-50/9601-0309

COLUMBIA FUNDS SERIES TRUST I

Columbia Asset Allocation Fund

Columbia Liberty Fund

(Each a “Fund” together the “Funds”)

Supplement dated March 23, 2009 to the

Prospectuses dated February 1, 2009

(Replacing supplement dated February 20, 2009)

Effective February 20, 2009, Anwiti Bahuguna, Colin Moore, Kent M. Peterson and Marie M. Schofield will co-manage the Funds. Accordingly, the table in the section of the Prospectuses entitled “Management of the Fund – Portfolio Managers” is revised and replaced in its entirety with the following disclosure:

 

Anwiti Bahuguna, PhD

Co-manager. Service with the Fund since 2009.

 

Director of the Advisor; associated with the Advisor or its predecessors as an investment professional since 2002.

Colin Moore

Co-manager. Service with the Fund since 2008.

 

Chief Investment Officer of the Advisor; associated with the Advisor or its predecessors as an investment professional since 2002.

Kent M. Peterson, PhD

Co-manager. Service with the Fund since 2009.

 

Director of the Advisor; associated with the Advisor or its predecessors as an investment professional since January 2006. Prior to January 2006, Mr. Peterson was a trading associate at Bridgewater Associates from 2004 to 2005.

Marie M. Schofield

Co-manager. Service with the Fund since 2009.

 

Managing Director of the Advisor; associated with the Advisor or its predecessors as an investment professional since 1990.

Shareholders should retain this Supplement for future reference.

INT-47/10103-0309

COLUMBIA FUNDS SERIES TRUST I

Columbia High Yield Municipal Fund

(the “Fund”)

Supplement dated March 23, 2009 to the Statement of Additional Information dated November 1, 2008

1. Effective February 20, 2009, the Fund’s Statement of Additional Information is revised as follows:

All references to Maureen G. Newman as a manager of the Fund are deleted.

2. Effective February 20, 2009, the table entitled “Portfolio Manager(s) of the Advisor” in the section entitled “Investment Advisory and Other Services – The Advisor and Investment Advisory Services - Portfolio Manager(s)” is revised to add the following to the table:

 

Portfolio Manager

   

Fund

Chad H. Farrington    High Yield Municipal Fund

3. The table entitled “Performance Benchmarks” in the section entitled “Investment Advisory and Other Services – The Advisor and Investment Advisory Services – Portfolio Manager(s)” is revised to add the following to the table:

 

Portfolio Manager/Fund(s)

   

Primary Benchmark(s)

   

Peer Group(s)

Chad H. Farrington (High Yield Municipal Fund)    Barclays Capital Municipal Bond Index    Lipper High Yield Municipal Debt Funds Classification

4. The table entitled “Other Accounts Managed by the Portfolio Manager(s)” in the section entitled “Investment Advisory and Other Services – The Advisor and Investment Advisory Services – Portfolio Manager(s) – Other Accounts” is revised to add the following to the table:

 

     Other SEC-registered open-end
and closed-end funds		    Other pooled investment
vehicles		    Other accounts

Portfolio Manager

    Number of
accounts		    Assets    Number of
accounts		    Assets    Number of
accounts		    Assets

Chad H. Farrington*

    0    $ 0    0    $ 0    8    $ 141,946

 

* Account information is provided as of December 31, 2008.

5. The table entitled “Other Accounts Managed by the Portfolio Manager(s) for which the Advisory Fee is Based on Performance” in the section entitled “Investment Advisory and Other Services – The Advisor and Investment Advisory Services – Portfolio Manager(s) – Other Accounts” is revised to add the following to the table:

 

     Other SEC-registered open-end
and closed-end funds		    Other pooled
investment vehicles		    Other accounts

Portfolio Manager

    Number of
accounts		    Assets    Number of
accounts		    Assets    Number of
accounts		    Assets

Chad H. Farrington*

    0    $ 0    0    $ 0    0    $ 0

 

* Account information is provided as of December 31, 2008.

6. The table entitled “Portfolio Manager Ownership of the Funds as of June 30, 2008” in the section entitled “Investment Advisory and Other Services – The Advisor and Investment Advisory Services - Portfolio Manager(s) – Ownership of Securities” is revised to add the following to the table:

 

Portfolio Manager

   

Fund

   

Dollar Range of Equity Securities in the

Fund Beneficially Owned

Chad H. Farrington*    High Yield Municipal Fund    None

 

* Account information is provided as of December 31, 2008.

Shareholders should retain this Supplement for future reference.

INT-50/9606-0309

COLUMBIA FUNDS SERIES TRUST I

Columbia Blended Equity Fund

Columbia Select Opportunities Fund

Columbia Value and Restructuring Fund

(each a “Fund”, together the “Funds”)

Supplement dated March 23, 2009 to the

Statement of Additional Information dated August 1, 2008,

as revised September 30, 2008

Effective February 20, 2009, in the section entitled “Investment Advisory and Other Services - The Advisor and Investment Advisory Services,” the following information as it pertains to each Fund is revised as follows:

 

  1. All references to Richard Bayles, Fatima Dickey and Timothy Evnin as managers of the Funds are deleted.

 

  2. The following are added to the table under the heading “Portfolio Manager(s) of the Advisor”:

 

Portfolio Manager

   

Fund

Emil A. Gjester    Select Opportunities Fund
Jonas Patrikson    Select Opportunities Fund
Guy W. Pope    Value and Restructuring Fund
Peter Santoro    Blended Equity Fund
J. Nicholas Smith    Value and Restructuring Fund
Mary-Ann Ward    Select Opportunities Fund
Michael T. Welter    Select Opportunities Fund

 

  3. The following is added to the table under the heading “Performance Benchmarks”:

 

Portfolio Manager

   

Fund(s)

   

Primary Benchmark(s)

   

Peer Group

Emil A. Gjester    Select Opportunities Fund   

S&P 500 Index

Russell 1000 Index

    Lipper Multi-Cap Core Funds Classification
Jonas Patrikson    Select Opportunities Fund   

S&P 500 Index

Russell 1000 Index

    Lipper Multi-Cap Core Funds Classification
Guy W. Pope    Value and Restructuring Fund   

Russell 1000 Value Index

S&P 500 Index

    Lipper Multi-Cap Value Funds Classification
Peter Santoro    Blended Equity Fund    S&P 500 Index    Lipper Large Cap Core Funds Classification
J. Nicholas Smith    Value and Restructuring Fund   

Russell 1000 Value Index

S&P 500 Index

    Lipper Multi-Cap Value Funds Classification
Mary-Ann Ward    Select Opportunities Fund   

S&P 500 Index

Russell 1000 Index

    Lipper Multi-Cap Core Funds Classification
Michael T. Welter    Select Opportunities Fund   

S&P 500 Index

Russell 1000 Index

    Lipper Multi-Cap Core Funds Classification

  4. The following is added to the table under the heading “Other Accounts Managed by the Portfolio Manager(s)”:

 

Portfolio Manager

    Other SEC-registered
open-end and
closed-end funds		    Other pooled investment
vehicles		    Other accounts
     Number
of
accounts		    Assets    Number
of
accounts		    Assets    Number
of
accounts		    Assets
Emil A. Gjester*    2    $ 710.7 million    0    $ 0    13    $ 540,000
Jonas Patrikson*    2    $ 710.7 million    0    $ 0    3    $ 250,000
Guy W. Pope*    2    $ 400.5 million    0    $ 0    12    $ 5.6 million
Peter Santoro*    2    $ 1 billion    2    $ 225 million    500    $ 800 million
J. Nicholas Smith*    0    $ 0    2    $ 631.6 million    13    $ 22.5 million
Mary-Ann Ward*    2    $ 710.7 million    0    $ 0    15    $ 11.4 million
Michael T. Welter*    2    $ 710.7 million    0    $ 0    4    $ 332,821

 

* Account information is provided as of December 31, 2008.

 

  5. The following is added to the table under the heading “Other Accounts Managed by the Portfolio Manager(s) for which the Advisory Fee is Based on Performance”:

 

Portfolio Manager

    Other SEC-registered
open-end and
closed-end funds		    Other pooled investment
vehicles		    Other accounts
     Number
of
accounts		    Assets    Number
of
accounts 		   Assets    Number
of
accounts		    Assets

Emil A. Gjester*

    0    $ 0    0    $ 0    0    $ 0

Jonas Patrikson*

    0    $ 0    0    $ 0    0    $ 0

Guy W. Pope*

    0    $ 0    0    $ 0    0    $ 0

Peter Santoro*

    0    $ 0    0    $ 0    0    $ 0

J. Nicholas Smith*

    0    $ 0    0    $ 0    0    $ 0

Mary-Ann Ward*

    0    $ 0    0    $ 0    0    $ 0

Michael T. Welter*

    0    $ 0    0    $ 0    0    $ 0

 

* Account information is provided as of December 31, 2008.

  6. The following is added to the table under the heading “Portfolio Manager Ownership of the Funds as of March 31, 2008”:

 

Portfolio Manager

   

Fund

   

Dollar Range of Equity

Securities in the

Fund Beneficially Owned

Emil A. Gjester*    Select Opportunities Fund    $1 - $10,000(b)
Jonas Patrikson*    Select Opportunities Fund    None
Guy W. Pope*    Value and Restructuring Fund    None
Peter Santoro*    Blended Equity Fund    None
J. Nicholas Smith*    Value and Restructuring Fund   

$10,001 - $50,000(a)

$10,001 - $50,000(b)

Mary-Ann Ward*    Select Opportunities Fund    None
Michael T. Welter*    Select Opportunities Fund    None

 

* Account information is provided as of December 31, 2008.

(a)

Excludes any notional investments.

(b)

Notional investments through a deferred compensation account.

Shareholders should retain this Supplement for future reference.

INT-50/10201-0309

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