0001193125-16-632760.txt : 20160627 0001193125-16-632760.hdr.sgml : 20160627 20160627135503 ACCESSION NUMBER: 0001193125-16-632760 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160627 DATE AS OF CHANGE: 20160627 EFFECTIVENESS DATE: 20160627 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBIA ACORN TRUST CENTRAL INDEX KEY: 0000002110 IRS NUMBER: 362692100 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497K SEC ACT: 1933 Act SEC FILE NUMBER: 002-34223 FILM NUMBER: 161732976 BUSINESS ADDRESS: STREET 1: 227 W MONROE STE 3000 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3126349200 MAIL ADDRESS: STREET 1: 227 W MONROE STE 3000 CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: LIBERTY ACORN TRUST DATE OF NAME CHANGE: 20010424 FORMER COMPANY: FORMER CONFORMED NAME: ACORN INVESTMENT TRUST DATE OF NAME CHANGE: 19940204 FORMER COMPANY: FORMER CONFORMED NAME: ACORN FUND INC DATE OF NAME CHANGE: 19920703 0000002110 S000009187 Columbia Acorn Select C000024966 Columbia Acorn Select Class A LTFAX C000024968 Columbia Acorn Select Class C LTFCX C000024969 Columbia Acorn Select Class Z ACTWX C000094635 Columbia Acorn Select Class I CACIX C000122743 Columbia Acorn Select Class R4 CSSRX C000122744 Columbia Acorn Select Class R5 CSLRX C000122745 Columbia Acorn Select Class Y CSLYX 497K 1 d208179d497k.htm CAT CAT
Supplement dated June 27, 2016
to the Prospectus and Summary Prospectus of the following Fund:
Fund Prospectus and Summary Prospectus Dated
Columbia Acorn Trust  
 Columbia Acorn SelectSM 5/1/2016
1. The table under the caption “Fees and Expenses of the Fund” in the “Summary of the Fund” section of the Prospectus and the Summary Prospectus is hereby superseded and replaced with the following:
    
Shareholder Fees (fees paid directly from your investment)
  Class A Class C Classes I,
R4, R5,
Y and Z
Maximum sales charge (load) imposed on purchases (as a % of offering price) 5.75% None None
Maximum deferred sales charge (load) imposed on redemptions (as a % of the lower of the original purchase price or current net asset value) 1.00% (a) 1.00% (b) None
    
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
  Class A Class C Class I Class R4 Class R5 Class Y Class Z
Management fees 0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85%
Distribution and/or service (12b-1) fees 0.25% 1.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Other expenses(c) 0.23% 0.23% 0.12% 0.23% 0.17% 0.12% 0.23%
Total annual Fund operating expenses 1.33% 2.08% 0.97% 1.08% 1.02% 0.97% 1.08%
Less: Fee waivers and/or expense reimbursements(d) (0.20%) (0.20%) (0.20%) (0.20%) (0.20%) (0.20%) (0.20%)
Total annual Fund operating expenses after fee waivers and/or expense reimbursements 1.13% 1.88% 0.77% 0.88% 0.82% 0.77% 0.88%
(a) This charge is imposed on certain investments of between $1 million and $50 million redeemed within 18 months after purchase, as follows: 1.00% if redeemed within 12 months after purchase, and 0.50% if redeemed more than 12, but less than 18, months after purchase, with certain limited exceptions.
(b) This charge applies to redemptions within 12 months after purchase, with certain limited exceptions.
(c) Other expenses have been restated and are based on estimated amounts for the Fund's current fiscal year, taking into consideration changes in the method of allocating transfer agent expenses among Class A, Class C, Class R4 and Class Z shares of the Fund.
(d) Columbia Wanger Asset Management, LLC (the Investment Manager) has contractually agreed to waive 0.20% of the advisory fee otherwise payable to it by the Fund through April 30, 2017. This arrangement may only be modified or amended with approval from the Fund and the Investment Manager.
2. The expense example table that appears under the caption “Fees and Expenses of the Fund – Example” in the “Summary of the Fund” section of the Prospectus and the Summary Prospectus is hereby superseded and replaced with the following:
    
  1 year 3 years 5 years 10 years
Class A (whether or not shares are redeemed) $684 $954 $1,244 $2,068
Class C (assuming redemption of all shares at the end of the period) $291 $633 $1,100 $2,395
Class C (assuming no redemption of shares) $191 $633 $1,100 $2,395
Class I (whether or not shares are redeemed) $ 79 $289 $ 517 $1,171
Class R4 (whether or not shares are redeemed) $ 90 $324 $ 576 $1,299
Class R5 (whether or not shares are redeemed) $ 84 $305 $ 544 $1,230
Class Y (whether or not shares are redeemed) $ 79 $289 $ 517 $1,171
Class Z (whether or not shares are redeemed) $ 90 $324 $ 576 $1,299
Shareholders should retain this Supplement for future reference.
SUP113_12_002_(06/16)