Supplement dated November 9, 2023
to the Prospectus and Summary Prospectus, as supplemented
(as applicable), of the following fund (the Fund):
Fund
|
Prospectus and
Summary Prospectus Dated |
Columbia
Acorn Trust |
|
Columbia
Acorn European FundSM |
5/1/2023
|
Effective immediately, the
following changes are hereby made to the Fund's Prospectus and Summary Prospectus.
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“Fund Management” in the Summary Prospectus and in the "Summary of the Fund" section of the Prospectus is hereby superseded and replaced with the following: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
Management |
|
Title
|
|
Role
with Fund |
|
Service
with the Fund Since |
Philip
Dicken, CFA |
|
Portfolio
Manager |
|
Co-Portfolio
Manager |
|
November
2023 |
Mine
Tezgul |
|
Portfolio
Manager |
|
Co-Portfolio
Manager |
|
November
2023 |
The rest of the section
remains unchanged.
The fifth and sixth paragraphs under
the caption "Primary Service Provider Contracts - The Investment Manager” in the “More Information About the Fund" section of the Prospectus is hereby superseded and replaced with the following:
The Investment Manager and its investment advisory affiliates,
including Columbia Management and Threadneedle International Limited (Threadneedle) (Participating Affiliates), around the world may coordinate in providing services to their clients. From time to time, the Investment Manager may engage its
Participating Affiliates to provide a variety of services such as investment research, investment monitoring, trading, and discretionary investment management (including portfolio management and proxy voting) to certain accounts managed by the
Investment Manager, including the Fund. These Participating Affiliates will provide services to the Fund and other 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 Participating Affiliates, like the Investment Manager, are direct or indirect subsidiaries of
Ameriprise Financial and are registered with the appropriate respective regulators in their home jurisdictions 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 Participating Affiliates 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 Fund's compliance policies and procedures, provide services to the Fund.
The rest of the section remains unchanged.
The portfolio manager information under the caption
“Primary Service Provider Contracts - Portfolio Managers” in the “More Information About the Fund" section of the Prospectus is hereby superseded and replaced with the following:
Portfolio
Management |
|
Title
|
|
Role
with Fund |
|
Service
with the Fund Since |
Philip
Dicken, CFA |
|
Portfolio
Manager |
|
Co-Portfolio
Manager |
|
November
2023 |
Mine
Tezgul |
|
Portfolio
Manager |
|
Co-Portfolio
Manager |
|
November
2023 |
Mr. Dicken joined Threadneedle, a Participating Affiliate, in 2004. Mr. Dicken began his investment career in 1997 and earned a first class degree from Bristol University.
Ms. Tezgul joined
Threadneedle, a Participating Affiliate, in 2018. Ms. Tezgul began her investment career in 2005 and earned a B.A. in Economics from the University of Chicago and an M.B.A. from Institut Européen d'Administration des Affaires
(INSEAD).
The rest of the section remains
unchanged.
Shareholders should retain this Supplement
for future reference.