497 1 d434888d497.htm COLUMBIA FUNDS SERIES TRUST I Columbia Funds Series Trust I

COLUMBIA FUNDS SERIES TRUST I

Columbia Energy and Natural Resources Fund

(the “Fund”)

Supplement dated November 8, 2012 to

the Fund’s prospectus dated August 1, 2012, as supplemented

The Fund’s prospectus offering Class A, B, C, I, K (formerly, R4) and R shares is revised and supplemented as follows:

The section of the Fund’s prospectus entitled “Fees and Expenses of the Fund” is modified by deleting the table entitled “Annual Fund Operating Expenses” and the expense example table in the subsection entitled “Example” and replacing them with the following:

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class A Shares     Class B Shares     Class C Shares  

Management fees

      0.75 %      0.75 %      0.75 % 

Distribution and/or service (Rule 12b-1) fees

      0.25 %      1.00 %      1.00 % 

Other expenses(d)

      0.35 %      0.35 %      0.35 % 

Total annual Fund operating expenses

      1.35 %      2.10 %.      2.10 % 
     Class I Shares     Class K Shares     Class R Shares  

Management fees

      0.75 %      0.75 %      0.75 % 

Distribution and/or service (Rule 12b-1) fees

      0.00 %      0.00 %      0.50 % 

Other expenses(d)

      0.11 %      0.41 %      0.35 % 

Total annual Fund operating expenses

      0.86 %      1.16 %      1.60 % 

 

(d)

Other expenses have been restated to reflect contractual changes to certain fees paid by the Fund.

Example

 

     1 year      3 years      5 years      10 years  

Class A Shares

    $ 705       $ 978       $ 1,272       $ 2,105   

Class B Shares

            

Assuming no redemption of shares

    $ 213       $ 658       $ 1,129       $ 2,240   

Assuming complete redemption of shares at the end of the period

    $ 713       $ 958       $ 1,329       $ 2,240   

Class C Shares

            

Assuming no redemption of shares

    $ 213       $ 658       $ 1,129       $ 2,431   

Assuming complete redemption of shares at the end of the period

    $ 313       $ 658       $ 1,129       $ 2,431   

Class I Shares

    $ 88       $ 274       $ 477       $ 1,061   

Class K Shares

    $ 118       $ 368       $ 638       $ 1,409   

Class R Shares

    $ 163       $ 505       $ 871       $ 1,900   

Shareholders should retain this Supplement for future reference.

C-1141-4 A (11/12)

COLUMBIA FUNDS SERIES TRUST I

Columbia Energy and Natural Resources Fund

(the “Fund”)

Supplement dated November 8, 2012 to

the Fund’s prospectus dated August 1, 2012, as supplemented

The Fund’s prospectus offering Class Z shares is revised and supplemented as follows:

The section of the Fund’s prospectus entitled “Fees and Expenses of the Fund” is modified by deleting the table entitled “Annual Fund Operating Expenses” and the expense example table in the subsection entitled “Example” and replacing them with the following:

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class Z Shares  

Management fees

      0.75 % 

Distribution and/or service (Rule 12b-1) fees

      0.00 % 

Other expenses(a)

      0.35 % 

Total annual Fund operating expenses

      1.10 % 

 

(a)

Other expenses have been restated to reflect contractual changes to certain fees paid by the Fund.

Example

 

     1 year      3 years      5 years      10 years  

Class Z Shares

    $ 112       $ 350       $ 606       $ 1,340   

Shareholders should retain this Supplement for future reference.

C-1143-1 A (11/12)

COLUMBIA FUNDS SERIES TRUST I

Columbia Greater China Fund

(the “Fund”)

Supplement dated November 8, 2012 to

the Fund’s prospectus dated January 1, 2012, as supplemented

The Fund’s prospectus offering Class A, B, C and I shares is revised and supplemented as follows:

The section of the Fund’s prospectus entitled “Fees and Expenses of the Fund” is modified by deleting the table entitled “Annual Fund Operating Expenses” and the expense example table in the subsection entitled “Example” and replacing them with the following:

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class A Shares     Class B Shares     Class C Shares     Class I Shares  

Management fees

      0.95 %      0.95 %      0.95 %      0.95 % 

Distribution and/or service (Rule 12b-1) fees

      0.25 %      1.00 %      1.00 %      0.00 % 

Other expenses(d)

      0.35 %      0.35 %      0.35 %      0.13 % 

Total annual Fund operating expenses

      1.55 %      2.30 %      2.30 %      1.08 % 

 

(d)

Other expenses have been restated to reflect contractual changes to certain fees paid by the Fund.

Example

 

     1 year      3 years      5 years      10 years  

Class A Shares

    $ 724       $ 1,036       $ 1,371       $ 2,314   

Class B Shares

            

Assuming no redemption of shares

    $ 233       $ 718       $ 1,230       $ 2,448   

Assuming complete redemption of shares at the end of the period

    $ 733       $ 1,018       $ 1,430       $ 2,448   

Class C Shares

            

Assuming no redemption of shares

    $ 233       $ 718       $ 1,230       $ 2,636   

Assuming complete redemption of shares at the end of the period

    $ 333       $ 718       $ 1,230       $ 2,636   

Class I Shares

    $ 110       $ 343       $ 595       $ 1,317   

Shareholders should retain this Supplement for future reference.

C-1376-2 A (11/12)

COLUMBIA FUNDS SERIES TRUST I

Columbia Greater China Fund

(the “Fund”)

Supplement dated November 8, 2012 to

the Fund’s prospectus dated January 1, 2012, as supplemented

The Fund’s prospectus offering Class Z shares is revised and supplemented as follows:

The section of the Fund’s prospectus entitled “Fees and Expenses of the Fund” is modified by deleting the table entitled “Annual Fund Operating Expenses” and the expense example table in the subsection entitled “Example” and replacing them with the following:

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class Z Shares  

Management fees

      0.95 % 

Distribution and/or service (Rule 12b-1) fees

      0.00 % 

Other expenses(a)

      0.35 % 

Total annual Fund operating expenses

      1.30 % 

 

(a)

Other expenses have been restated to reflect contractual changes to certain fees paid by the Fund.

Example

 

     1 year      3 years      5 years      10 years  

Class Z Shares

    $ 132       $ 412       $ 713       $ 1,568   

Shareholders should retain this Supplement for future reference.

C-1378-1 A (11/12)

COLUMBIA FUNDS SERIES TRUST I

Columbia Greater China Fund

(the “Fund”)

Supplement dated November 8, 2012 to

the Fund’s prospectus dated June 18, 2012, as supplemented

The Fund’s prospectus offering Class W shares is revised and supplemented as follows:

The section of the Fund’s prospectus entitled “Fees and Expenses of the Fund” is modified by deleting the table entitled “Annual Fund Operating Expenses” and the expense example table in the subsection entitled “Example” and replacing them with the following:

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class W Shares  

Management fees

      0.95 % 

Distribution and/or service (Rule 12b-1) fees

      0.25 % 

Other expenses(a)

      0.35 % 

Total annual Fund operating expenses

      1.55 % 

 

(a)

Other expenses have been restated to reflect contractual changes to certain fees paid by the Fund.

Example

 

     1 year      3 years      5 years      10 years  

Class W Shares

    $ 158       $ 490       $ 845       $ 1,845   

Shareholders should retain this Supplement for future reference.

C-1377-1 A (11/12)

COLUMBIA FUNDS SERIES TRUST I

Columbia Value and Restructuring Fund

(the “Fund”)

Supplement dated November 8, 2012 to

the Fund’s prospectus dated August 1, 2012, as supplemented

The Fund’s prospectus offering Class A, C, I, R and W shares is revised and supplemented as follows:

The section of the Fund’s prospectus entitled “Fees and Expenses of the Fund” is modified by deleting the table entitled “Annual Fund Operating Expenses” and the expense example table in the subsection entitled “Example” and replacing them with the following:

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class A Shares     Class C Shares     Class I Shares  

Management fees

      0.75 %      0.75 %      0.75 % 

Distribution and/or service (Rule 12b-1) fees

      0.25 %      1.00 %      00.0 % 

Other expenses(d)

      0.29 %      0.29 %      0.06 % 

Acquired fund fees and expenses

      0.03 %      0.03 %      0.03 % 

Total annual Fund operating expenses

      1.32 %      2.07 %      0.84 % 

Fee waivers and/or reimbursements(e)

      -0.03 %      -0.03 %      0.00 % 

Total annual Fund operating expenses after fee waivers and/or reimbursements

      1.29 %      2.04 %      0.84 % 
           Class R Shares     Class W Shares  

Management fees

        0.75 %      0.75 % 

Distribution and/or service (Rule 12b-1) fees

        0.50 %      0.25 % 

Other expenses(d)

        0.29 %      0.29 % 

Acquired fund fees and expenses

        0.03 %      0.03 % 

Total annual Fund operating expenses

        1.57 %      1.32 % 

Fee waivers and/or reimbursements(e)

        -0.03 %      -0.03 % 

Total annual Fund operating expenses after fee waivers and/or reimbursements

        1.54 %      1.29 % 

 

(d)

Other expenses have been restated to reflect contractual changes to certain fees paid by the Fund.

(e) 

Columbia Management Investment Advisers, LLC (the Investment Manager) and certain of its affiliates have contractually agreed to waive fees and/or to reimburse expenses (excluding certain fees and expenses, such as transaction costs and certain other investment related expenses, interest, taxes, acquired fund fees and expenses, and extraordinary expenses) until December 31, 2013, unless sooner terminated at the sole discretion of the Fund’s Board of Trustees. Under this agreement, the Fund’s net operating expenses, subject to applicable exclusions, will not exceed the annual rates of 1.26% for Class A, 2.01% for Class C, 0.85% for Class I, 1.51% for Class R and 1.26% for Class W.

Example

 

     1 year      3 years      5 years      10 years  

Class A Shares*

    $ 699       $ 966       $ 1,254       $ 2,071   

Class C Shares*

            

Assuming no redemption of shares

    $ 207       $ 646       $ 1,111       $ 2,398   

Assuming complete redemption of shares at the end of the period

    $ 307       $ 646       $ 1,111       $ 2,398   

Class I Shares

    $ 86       $ 268       $ 466       $ 1,037   

Class R Shares*

    $ 157       $ 493       $ 852       $ 1,865   

Class W Shares*

    $ 131       $ 415       $ 721       $ 1,588   

 

* The waivers and/or reimbursements shown in the Annual Fund Operating Expenses table above expire on December 31, 2013 and are only reflected in the 1 year example and the first year of the 3, 5 and 10 year examples.

Shareholders should retain this Supplement for future reference.

C-1201-3 A (11/12)

COLUMBIA FUNDS SERIES TRUST I

Columbia Value and Restructuring Fund

(the “Fund”)

Supplement dated November 8, 2012 to

the Fund’s prospectus dated August 1, 2012, as supplemented

The Fund’s prospectus offering Class Z shares is revised and supplemented as follows:

The section of the Fund’s prospectus entitled “Fees and Expenses of the Fund” is modified by deleting the table entitled “Annual Fund Operating Expenses” and the expense example table in the subsection entitled “Example” and replacing them with the following:

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class Z Shares  

Management fees

      0.75 % 

Distribution and/or service (Rule 12b-1) fees

      0.00 % 

Other expenses(a)

      0.29 % 

Acquired fund fees and expenses

      0.03 % 

Total annual Fund operating expenses

      1.07 % 

Fee waivers and/or reimbursements(b)

      -0.03 % 

Total annual Fund operating expenses after fee waivers and/or reimbursements

      1.04 % 

 

(a)

Other expenses have been restated to reflect contractual changes to certain fees paid by the Fund.

(b) 

Columbia Management Investment Advisers, LLC (the Investment Manager) and certain of its affiliates have contractually agreed to waive fees and/or to reimburse expenses (excluding certain fees and expenses, such as transaction costs and certain other investment related expenses, interest, taxes, acquired fund fees and expenses, and extraordinary expenses) until December 31, 2013, unless sooner terminated at the sole discretion of the Fund’s Board of Trustees. Under this agreement, the Fund’s net operating expenses, subject to applicable exclusions, will not exceed the annual rates of 1.01% for Class Z.

Example

 

     1 year*      3 years*      5 years*      10 years*  

Class Z Shares

    $ 106       $ 337       $ 587       $ 1,303   

 

* The waivers and/or reimbursements shown in the Annual Fund Operating Expenses table above expire on December 31, 2013 and are only reflected in the 1 year example and the first year of the 3, 5 and 10 year examples.

Shareholders should retain this Supplement for future reference.

C-1203-1 A (11/12)

COLUMBIA FUNDS SERIES TRUST I

Columbia Small Cap Growth Fund I

(the “Fund”)

Supplement dated November 8, 2012 to

the Fund’s prospectus dated January 1, 2012, as supplemented

The Fund’s prospectus offering Class A, B, C, I and R shares is revised and supplemented as follows:

The section of the Fund’s prospectus entitled “Fees and Expenses of the Fund” is modified by deleting the table entitled “Annual Fund Operating Expenses” and the expense example table in the subsection entitled “Example” and replacing them with the following:

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class A Shares     Class B Shares     Class C Shares  

Management fees

      0.84 %      0.84 %      0.84 % 

Distribution and/or service (Rule 12b-1) fees

      0.25 %      1.00 %      1.00 % 

Other expenses(d)

      0.25 %      0.25 %      0.25 % 

Total annual Fund operating expenses

      1.34 %      2.09 %      2.09 % 
           Class I Shares     Class R Shares  

Management fees

        0.84 %      0.84 % 

Distribution and/or service (Rule 12b-1) fees

        0.00 %      0.50 % 

Other expenses(d)

        0.04 %      0.25 % 

Total annual Fund operating expenses

        0.88 %      1.59 % 

 

(d)

Other expenses have been restated to reflect contractual changes to certain fees paid by the Fund.

Example

 

     1 year      3 years      5 years      10 years  

Class A Shares

    $ 704       $ 975       $ 1,267       $ 2,095   

Class B Shares

            

Assuming no redemption of shares

    $ 212       $ 655       $ 1,124       $ 2,229   

Assuming complete redemption of shares at the end of the period

    $ 712       $ 955       $ 1,324       $ 2,229   

Class C Shares

            

Assuming no redemption of shares

    $ 212       $ 655       $ 1,124       $ 2,421   

Assuming complete redemption of shares at the end of the period

    $ 312       $ 655       $ 1,124       $ 2,421   

Class I Shares

    $ 90       $ 281       $ 488       $ 1,084   

Class R Shares

    $ 162       $ 502       $ 866       $ 1,889   

Shareholders should retain this Supplement for future reference.

C-1641-2 A (11/12)

COLUMBIA FUNDS SERIES TRUST I

Columbia Small Cap Growth Fund I

(the “Fund”)

Supplement dated November 8, 2012 to

the Fund’s prospectus dated January 1, 2012, as supplemented

The Fund’s prospectus offering Class Y shares is revised and supplemented as follows:

The section of the Fund’s prospectus entitled “Fees and Expenses of the Fund” is modified by deleting the table entitled “Annual Fund Operating Expenses” and the expense example table in the subsection entitled “Example” and replacing them with the following:

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class Y Shares  

Management fees

      0.84 % 

Distribution and/or service (Rule 12b-1) fees

      0.00 % 

Other expenses(a)

      0.04 % 

Total annual Fund operating expenses

      0.88 % 

 

(a)

Other expenses have been restated to reflect contractual changes to certain fees paid by the Fund.

Example

 

     1 year      3 years      5 years      10 years  

Class Y Shares

    $ 90       $ 281       $ 488       $ 1,084   

Shareholders should retain this Supplement for future reference.

C-1644-1 A (11/12)

COLUMBIA FUNDS SERIES TRUST I

Columbia Small Cap Growth Fund I

(the “Fund”)

Supplement dated November 8, 2012 to

the Fund’s prospectus dated January 1, 2012, as supplemented

The Fund’s prospectus offering Class Z shares is revised and supplemented as follows:

The section of the Fund’s prospectus entitled “Fees and Expenses of the Fund” is modified by deleting the table entitled “Annual Fund Operating Expenses” and the expense example table in the subsection entitled “Example” and replacing them with the following:

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class Z Shares  

Management fees

      0.84 % 

Distribution and/or service (Rule 12b-1) fees

      0.00 % 

Other expenses(a)

      0.25 % 

Total annual Fund operating expenses

      1.09 % 

 

(a)

Other expenses have been restated to reflect contractual changes to certain fees paid by the Fund.

Example

 

     1 year      3 years      5 years      10 years  

Class Z Shares

    $ 111       $ 347       $ 601       $ 1,329   

Shareholders should retain this Supplement for future reference.

C-1643-1 A (11/12)