Supplement dated March 13, 2017
to the Prospectus and Summary Prospectus, each as
supplemented, of the following Fund:
Fund
|
Prospectus
and Summary Prospectus Dated |
Columbia
Acorn Trust |
|
Columbia
Acorn® Fund |
5/1/2016
|
Effective March 14, 2017, the list
of portfolio managers under the caption “Fund Management” in the "Summary of the Fund" section of the Prospectus is hereby superseded and replaced with the following:
Portfolio
Manager |
|
Title
|
|
Role
with Fund |
|
Service
with the Fund Since |
P.
Zachary Egan, CFA |
|
President,
Global Chief Investment Officer, Portfolio Manager and Analyst |
|
Co-manager
since 2015 |
|
1999
|
Matthew
A. Litfin, CFA |
|
Director
of Research (U.S.) and Portfolio Manager |
|
Co-manager
since 2016 |
|
2015
|
The rest of the section remains
the same.
Effective March 14, 2017, the information
under the caption “Portfolio Managers” in the “More Information About the Fund — Primary Service Providers” section of the Prospectus is hereby superseded and replaced with the following:
Portfolio Managers
Information about the portfolio managers primarily responsible
for overseeing the Fund’s investments is shown below. The SAI provides additional information about the portfolio managers, including information relating to compensation, other accounts managed by the portfolio managers, and ownership by the
portfolio managers of Fund shares.
Portfolio
Manager |
|
Title
|
|
Role
with Fund |
|
Service
with the Fund Since |
P.
Zachary Egan, CFA |
|
President,
Global Chief Investment Officer, Portfolio Manager and Analyst |
|
Co-manager
since 2015 |
|
1999
|
Matthew
A. Litfin, CFA |
|
Director
of Research (U.S.) and Portfolio Manager |
|
Co-manager
since 2016 |
|
2015
|
Mr. Egan is President and Global Chief Investment Officer of the Investment Manager and has been associated with the Investment Manager or its predecessors as an investment professional since 1999. He has been President of the
Trust since April 2014 and served as a Vice President of the Trust from 2003 through March 2014. Mr. Egan began his investment career in 1999 and earned a B.A. from Middlebury College and an M.A. from the University of Chicago.
Mr. Litfin has been associated
with the Investment Manager since 2015 and has been a Vice President of the Trust since March 2016. Prior to joining the Investment Manager, Mr. Litfin served as a portfolio manager and analyst for funds that invested in small- and mid-cap
companies. Mr. Litfin began his investment career in 1993 and earned a B.S. from the University of Tennessee and an M.B.A. from Harvard University.
Shareholders should retain this Supplement for future
reference.