Supplement dated December 14, 2015
to the Prospectus, Summary Prospectus and Statement of Additional Information (SAI)
dated May 1, 2015, each as supplemented, for the following Fund:
COLUMBIA ACORN TRUST
Columbia Acorn International SelectSM
Effective January 1, 2016, the Prospectus, Summary Prospectus and SAI for Columbia Acorn International Select are supplemented to reflect that:
| Columbia Wanger Asset Management, LLC (CWAM), the investment adviser to the Fund, has appointed Stephen Kusmierczak, CFA, as a co-portfolio manager of the Fund. Mr. Kusmierczak has been associated with CWAM or its predecessors as an investment professional since 2001. He began his investment career in 1999 and earned a B.A. from Bowdoin College and an M.P.A. from Princeton University, Woodrow Wilson School of Public and International Affairs. |
| Andreas Waldburg-Wolfegg will continue to serve as a co-portfolio manager of the Fund. Christopher J. Olson, CFA, will no longer serve as a co-portfolio manager of the Fund. |
Shareholders should retain this Supplement for future reference.
SUP112_12_002_(12/15)