Supplement dated February 24, 2021
to the Prospectus and Summary Prospectus, as supplemented,
of the following fund (the Fund):
Fund
|
Prospectus and
Summary Prospectus Dated |
Columbia
Acorn Trust |
|
Columbia
Acorn USA |
May 1,
2020 |
Effective March 1, 2021 (the
Effective Date), the portfolio manager information under the caption “Fund Management” in the Summary Prospectus and in the "Summary of the Fund" section of the Prospectus is hereby superseded and replaced with the
following:
Portfolio
Manager |
|
Title
|
|
Role
with Fund |
|
Managed
Fund Since |
Matthew
A. Litfin, CFA |
|
Director
of Research (U.S.) and Portfolio Manager |
|
Lead
Portfolio Manager since 2016 |
|
2015
|
The rest of the section remains
the same.
On the Effective Date, the portfolio
manager information under the caption “Primary Service Providers - Portfolio Managers” in the “More Information About the Fund" section of the Prospectus is hereby superseded and replaced with the following:
Portfolio
Manager |
|
Title
|
|
Role
with Fund |
|
Managed
Fund Since |
Matthew
A. Litfin, CFA |
|
Director
of Research (U.S.) and Portfolio Manager |
|
Lead
Portfolio Manager since 2016 |
|
2015
|
Mr. Litfin has been associated with the Investment Manager since 2015, was a Vice President of the Trust from March 2016 to March 2019, and has been a Co-President of the Trust since March 2019. 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.
The rest of the section remains the
same.
Shareholders should retain this Supplement for
future reference.