Supplement dated April 15, 2021
to the Prospectus and Summary Prospectus, as supplemented,
of the following Fund:
Fund
|
Prospectus and
Summary Prospectus Dated |
Columbia
Acorn Trust |
|
Columbia
Acorn® Fund |
May 1,
2020 |
Effective April 15, 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“Fund Management” in the Summary Prospectus and in the "Summary of the Fund" section of the Prospectus is hereby superseded and replaced with the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 |
|
Service
with the Fund Since |
Daniel
Cole, CFA |
|
Senior
Portfolio Manager of Columbia Management and Vice President of the Investment Manager |
|
Co-Portfolio
Manager since April 2021 |
|
2021
|
Erika
K. Maschmeyer, CFA |
|
Director
of Research (U.S.), Portfolio Manager and Analyst at the Investment Manager |
|
Co-Portfolio
Manager since 2019 |
|
2016
|
John
L. Emerson, CFA |
|
Portfolio
Manager and Analyst at the Investment Manager |
|
Co-Portfolio
Manager since April 2021 |
|
2003
|
The rest of the section remains
unchanged.
On the Effective Date, the information under
the caption “Primary Service Providers - The Investment Manager” in the “More Information About the Fund" section of the Prospectus is hereby revised to add the following:
The Investment Manager and its investment advisory affiliates,
including Columbia Management (Affiliates), around the world may coordinate in providing services to their clients. From time to time, the Investment Manager may engage its Affiliates to provide a variety of services such as investment research,
investment monitoring, trading, and discretionary investment management (including portfolio management) to certain accounts managed by the Investment Manager, including the Fund. These Affiliates will provide services to these accounts of the
Investment Manager either pursuant to delegation agreements, personnel-sharing agreements or similar inter-company or other arrangements or relationships and the Fund will pay no additional fees and expenses as a result of any such arrangements or
relationships. These Affiliates, like the Investment Manager, are direct or indirect subsidiaries of Ameriprise Financial and are registered with the appropriate respective regulators and, where required, the SEC and the Commodity Futures Trading
Commission in the United States.
Pursuant to some of
these arrangements or relationships, certain personnel of Columbia Management and other Affiliates may serve as “associated persons” or officers of the Investment Manager and, in this capacity, subject to the oversight and supervision of
the Investment Manager and consistent with the investment objectives, policies and limitations set forth in this prospectus and the Fund's SAI, and with the Investment Manager’s and the Funds’ compliance policies and procedures, may
provide such services to the Fund.
The rest of the
section remains unchanged.
On the Effective Date, the
information about the portfolio managers 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 |
|
Service
with the Fund Since |
Daniel
Cole, CFA |
|
Senior
Portfolio Manager of Columbia Management and Vice President of the Investment Manager |
|
Co-Portfolio
Manager since April 2021 |
|
2021
|
Erika
K. Maschmeyer, CFA |
|
Director
of Research (U.S.), Portfolio Manager and Analyst at the Investment Manager |
|
Co-Portfolio
Manager since 2019 |
|
2016
|
John
L. Emerson, CFA |
|
Portfolio
Manager and Analyst at the Investment Manager |
|
Co-Portfolio
Manager since April 2021 |
|
2003
|
Mr. Cole joined Columbia Management, an affiliate of the Investment Manager, in 2014 and has served as a Vice President of the Investment Manager since April 2021. Mr. Cole began his investment career in 1993 and earned a B.S.
from Guilford College and an M.B.A. in finance from Virginia Polytechnic Institute and State University.
Ms. Maschmeyer has been
associated with the Investment Manager as an investment professional since 2016. Ms. Maschmeyer heads the Investment Manager's U.S. equity research efforts and has been a Vice President of the Trust since March 2020. Prior to joining the
Investment Manager, Ms. Maschmeyer was a research analyst at an