497 1 d357006d497.htm CAT CAT
Supplement dated March 10, 2017
to the Prospectuses and Summary Prospectuses (each as supplemented) of each of the following Funds (each a
Fund and together the Funds):
Fund Prospectuses and Summary Prospectuses Dated
Columbia Acorn Trust  
 Columbia Acorn Fund 5/1/2016
 Columbia Acorn International 5/1/2016
 Columbia Acorn USA 5/1/2016
 Columbia Acorn International Select 5/1/2016
 Columbia Acorn Select 5/1/2016
 Columbia Thermostat Fund 5/1/2016
 Columbia Acorn Emerging Markets Fund 5/1/2016
 Columbia Acorn European Fund 5/1/2016
Effective March 27, 2017, the shares held by Class I shareholders will be exchanged for Class Y shares of the same Fund in a tax-free transaction with no impact on the fees and expenses paid by shareholders. Class I shares of the Funds will no longer be offered for sale. Therefore, effective March 27, 2017, all information regarding Class I shares is hereby deleted from each Fund’s prospectus.
Effective April 10, 2017, the information beneath the caption "Fees and Expenses of the Fund" in the Summary Prospectus and in the section entitled "Summary of the Fund" in the Prospectus is hereby revised to insert the following information:
An investor transacting in a class of Fund shares without any front-end sales charge, contingent deferred sales charge, or other asset-based fee for sales or distribution may be required to pay a commission to the broker/financial intermediary for effecting such transactions. Such commissions are not reflected in the tables or the example below.
Effective April 10, 2017, the information in the table under the heading "Minimum Initial Investment" in the Summary Prospectus and in the section entitled "Summary of the Fund" in each Fund's Prospectus is hereby revised, as applicable, for Class R4, Class R5 and Class Y shares of the Funds as follows:
Minimum Initial Investment
    
Class Category of eligible account For accounts other than
systematic investment
plan accounts
For systematic investment
plan accounts
Classes A, B*& C All accounts other than IRAs $2,000 $100
IRAs $1,000 $100
Classes R & R5 All eligible accounts None N/A
Class Y All eligible accounts $0, $1,000, $2,000 or
$1 million depending
upon the category of
eligible investor
$100 (for certain
eligible investors)
Classes R4 & Z All eligible accounts $0, $1,000 or $2,000
depending upon the
category of eligible
investor
$100
  
* Class B shares are generally closed to new and existing shareholders.
The rest of the section remains unchanged.
Shareholders should retain this Supplement for future reference.
SUP000_00_047_(03/17)