497 1 d380391d497.htm COLUMBIA FUNDS SERIES TRUST I Columbia Funds Series Trust I
Supplement dated October 6, 2022
to the Statement of Additional Information (SAI), dated October 1, 2022, for the following funds:
Fund
Columbia Funds Series Trust I
 Columbia Multi Strategy Alternatives Fund
 Multi-Manager (MM) Growth Strategies Fund
Effective immediately, the information in the "Subadvisers and Subadvisory Agreement Fee Schedules or Effective Fee Rates" table under the subsection "Investment Management and Other Services – The Investment Manager and Subadvisers – Subadvisory Agreements" of the SAI with respect to MM Growth Strategies Fund is hereby superseded and replaced with the following:
Fund Current Subadvisers Parent
Company/Other
Information 		Fee Schedule or
Aggregate Effective Fee Rates
For Funds with fiscal period ending March 31
MM Growth Strategies Fund JPMIM
(effective October 3, 2022)
 
Loomis Sayles
(effective December 11, 2013)
 
Los Angeles Capital
(effective February 7, 2017) 		S
 
 
A
 
 
B 		0.218% (d)
(d) The rate shown is the estimated aggregate effective fee rate that will be paid by the Investment Manager to the subadvisers for the Fund beginning October 3, 2022.
The rest of the section remains the same.
Effective immediately, with respect to MM Growth Strategies Fund, all references to Columbia Management portfolio managers is hereby superseded and replaced with the table below. Additionally, with respect to Columbia Multi Strategy Alternatives Fund, the information regarding PGIM Quantitative Solutions portfolio managers is hereby superseded and replaced with the table below.
    Other Accounts Managed (excluding the Fund) Ownership
of Fund
Shares 		Potential
Conflicts
of Interest 		Structure
of
Compensation
Fund Portfolio
Manager 		Number
and Type
of Account* 		Approximate
Total Net
Assets 		Performance-
Based
Accounts**
For Funds with fiscal year ending March 31 – Information is as of March 31, 2022, unless otherwise noted
MM Growth Strategies Fund JPMIM:
Giri Devulapally(l) 		 
5 RICs
6 PIVs
26 other
accounts 		 
$36.53 billion
$3.14 billion
$9.63 billion 		 
None 		 
None 		 
JPMIM 		 
JPMIM
Holly Fleiss(l) 4 RICs
3 PIVs
22 other
accounts 		$36.17 billion
$6.43 billion
$7.95 billion 		1 other account
($1.56 B) 		None
Larry Lee(l) 5 RICs
2 PIVs
22 other
accounts 		$49.80 billion
$3.08 billion
$7.95 billion 		None None
Joseph Wilson(l) 4 RICs
3 PIVs
27 other
accounts 		$36.17 billion
$8.09 billion
$10.71 billion 		None None
SUP910_00_037_(10/22)

 

    Other Accounts Managed (excluding the Fund) Ownership
of Fund
Shares 		Potential
Conflicts
of Interest 		Structure
of
Compensation
Fund Portfolio
Manager 		Number
and Type
of Account* 		Approximate
Total Net
Assets 		Performance-
Based
Accounts**
For Funds with fiscal year ending May 31 – Information is as of May 31, 2022, unless otherwise noted
Multi Strategy
Alternatives
Fund 		PGIM Quantitative Solutions:
Marco Aiolfi 		 
 
35 RICs
7 PIVs
11 other
accounts 		 
 
$58.88 billion
$2.31 billion
$788.56 million 		 
 
None 		 
 
None 		 
 
PGIM Quantitative Solutions 		 
 
PGIM Quantitative Solutions
Edward Tostanoski III(l) 38 RICs
7 PIVs
12 other
accounts 		$60.93 billion
$2.32 billion
$850.46 million 		None None
* RIC refers to a Registered Investment Company; PIV refers to a Pooled Investment Vehicle.
** Number and type of accounts for which the advisory fee paid is based in part or wholly on performance and the aggregate net assets in those accounts.
(l) The portfolio manager began managing the Fund after its last fiscal year end; reporting information is provided as of July 31, 2022.
The rest of the section remains the same.
Shareholders should retain this Supplement for future reference.
SUP910_00_037_(10/22)
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