497 1 d497.htm COLUMBIA FUNDS SERIES TRUST I Columbia Funds Series Trust I

COLUMBIA FUNDS SERIES TRUST I

Columbia Select Large Cap Growth Fund

(the “Fund”)

Supplement dated April 15, 2009 to the

Statement of Additional Information dated August 1, 2008,

as revised September 30, 2008

Effective March 27, 2009, the section entitled “Investment Advisory and Other Services – The Advisor and Investment Advisory Services” is revised as follows:

 

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

 

Portfolio Manager

   Fund

Richard A. Carter

    Select Large Cap Growth Fund

Todd D. Herget

    Select Large Cap Growth Fund

 

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

 

Portfolio Manager

   Fund(s)   Primary Benchmark(s)   Peer Group

Richard A. Carter

   Select Large Cap Growth Fund   Russell 1000 Growth Index   Lipper Large Cap Growth Funds Classification

Todd D. Herget

   Select Large Cap Growth Fund   Russell 1000 Growth Index   Lipper Large Cap Growth Funds Classification

 

  3. 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

Richard A. Carter*(aa)

   1    $29 million     0    $0   2,014    $720 million

Todd D. Herget*(bb)

   0    $0     0    $0   1,972    $762 million

*Account information is provided as of January 31, 2009.

  (aa) “Other SEC-registered open-end and closed-end funds” represents funds other than Select Large Cap Growth Fund.
  (bb) “Other SEC-registered open-end and closed-end funds” represents funds other than Select Large Cap Growth Fund.

  4. 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

Richard A. Carter*(aa)

   0    $0   0    $0   1    $120 million

Todd D. Herget*(bb)

   0    $0   0    $0   1    $120 million

*Account information is provided as of January 31, 2009.

  (aa) “Other SEC-registered open-end and closed-end funds” represents funds other than Select Large Cap Growth Fund.
  (bb) “Other SEC-registered open-end and closed-end funds” represents funds other than Select Large Cap Growth Fund.

 

  5. 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

Richard A. Carter*

       Select Large Cap Growth Fund  

$1 - $10,000(a)

$1 - $10,000(b)

Todd D. Herget*

       Select Large Cap Growth Fund  

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

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

 

* Account information is provided as of January 31, 2009.

(a)

Excludes any notional investments.

(b)

Notional investments through a deferred compensation account.

 

Shareholders should retain this Supplement for future reference.

INT-50/11933-0409