Supplement dated April 15, 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 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“Fund Management” in the Summary Prospectus and in the "Summary of the Fund" section of the Prospectus is hereby superseded and replaced with the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 |
Erika
K. Maschmeyer, CFA |
|
Director
of Research (U.S.), Portfolio Manager and Analyst |
|
Co-Portfolio
Manager since April 2021 |
|
2016
|
John
L. Emerson, CFA |
|
Portfolio
Manager and Analyst |
|
Co-Portfolio
Manager since April 2021 |
|
2003
|
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Service Providers - Portfolio Managers” in the “More Information About the Fund" section of the Prospectus is hereby superseded and replaced with the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 |
|
Service
with the Fund Since |
Erika
K. Maschmeyer, CFA |
|
Director
of Research (U.S.), Portfolio Manager and Analyst |
|
Co-Portfolio
Manager since April 2021 |
|
2016
|
John
L. Emerson, CFA |
|
Portfolio
Manager and Analyst |
|
Co-Portfolio
Manager since April 2021 |
|
2003
|
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 investment advisory firm where she was responsible for U.S. consumer discretionary/staples investments. Ms. Maschmeyer began her investment career in
2001 and earned a B.A. from Denison University and an M.B.A from the University of Chicago.
Mr. Emerson has been
associated with the Investment Manager or its predecessors as an investment professional since 2003 and has been a Vice President of the Trust since March 2020. Prior to joining the Investment Manager, Mr. Emerson was an analyst at an equity
research firm. Mr. Emerson began his investment career in 2002 and earned a B.S. from the University of Missouri and an M.B.A from the University of Chicago.
The rest of the section remains unchanged.
Shareholders should retain this Supplement for future
reference.