-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KfxPKJFavjlyVDTW9RCOIHSf9R0iKNNKwCfJtyDZmNPfmfLCf6lSM8MxpiT9+tM1 yTX8rEmaRDq3Q3FrM3RHBg== 0000950135-06-001102.txt : 20060222 0000950135-06-001102.hdr.sgml : 20060222 20060222140553 ACCESSION NUMBER: 0000950135-06-001102 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060222 DATE AS OF CHANGE: 20060222 EFFECTIVENESS DATE: 20060222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBIA FUNDS TRUST II CENTRAL INDEX KEY: 0000315665 IRS NUMBER: 046452949 FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-66976 FILM NUMBER: 06635705 BUSINESS ADDRESS: STREET 1: ONE FINANCIAL CENTER CITY: BOSTON STATE: MA ZIP: 02111 BUSINESS PHONE: 6174263750 MAIL ADDRESS: STREET 1: ONE FINANCIAL CENTER CITY: BOSTON STATE: MA ZIP: 02111 FORMER COMPANY: FORMER CONFORMED NAME: LIBERTY FUNDS TRUST II DATE OF NAME CHANGE: 19991015 FORMER COMPANY: FORMER CONFORMED NAME: COLONIAL TRUST II / DATE OF NAME CHANGE: 19950926 FORMER COMPANY: FORMER CONFORMED NAME: COLONIAL MONEY MARKET FUND DATE OF NAME CHANGE: 19920703 0000315665 S000008345 Columbia Greater China Fund C000022839 Class A C000022840 Class B C000022841 Class C C000022842 Class Z 497 1 b59057a1e497.txt COLUMBIA FUNDS TRUST II COLUMBIA GREATER CHINA FUND COLUMBIA FEDERAL SECURITIES FUND COLUMBIA INTERNATIONAL STOCK FUND (EACH A "FUND" AND COLLECTIVELY, THE "FUNDS") SUPPLEMENT TO THE PROSPECTUSES DATED JANUARY 1, 2006 (THE "PROSPECTUSES") The Prospectuses are hereby supplemented with the following revised information relating to hypothetical investment and expense information: HYPOTHETICAL INVESTMENT AND EXPENSE INFORMATION The following supplemental hypothetical investment information provides additional information about the effect of the expenses of the Fund, including investment advisory fees and other Fund costs, on the Fund's returns over a 10-year period. The charts show the estimated expenses that would be charged on a hypothetical investment of $10,000 in each class of the Fund assuming a 5% return each year, the cumulative return after fees and expenses, and the hypothetical year-end balance after fees and expenses. The charts also assume that all dividends and distributions are reinvested and that Class B shares and Class G shares convert to Class A shares after eight years. The annual expense ratios used for the Fund, which are the same as those stated in the Annual Fund Operating Expenses tables, are presented in the charts, and are net of any contractual fee waivers or expense reimbursements for the period of the contractual commitment. Your actual costs may be higher or lower. The tables shown below reflect the maximum initial sales charge but do not reflect any contingent deferred sales charges which may be payable on redemption. If contingent deferred sales charges were reflected, the "Hypothetical Year-End Balance After Fees and Expenses" amounts shown would be lower and the "Annual Fees and Expenses" amounts shown would be higher. COLUMBIA GREATER CHINA FUND -- CLASS A SHARES
ASSUMED RATE OF RETURN MAXIMUM SALES CHARGE INITIAL HYPOTHETICAL INVESTMENT AMOUNT 5% 5.75% $10,000.00 HYPOTHETICAL CUMULATIVE CUMULATIVE YEAR-END ANNUAL RETURN BEFORE ANNUAL EXPENSE RETURN AFTER BALANCE AFTER FEES & YEAR FEES & EXPENSES RATIO FEES & EXPENSES FEES & EXPENSES EXPENSES(1) ---- --------------- -------------- --------------- --------------- ----------- 1 5.00% 1.70% -2.64%(2) $9,736.03 $737.87 2 10.25% 1.70% 0.57% $10,057.31 $168.24 3 15.76% 1.70% 3.89% $10,389.21 $173.80 4 21.55% 1.70% 7.32% $10,732.05 $179.53 5 27.63% 1.70% 10.86% $11,086.21 $185.46 6 34.01% 1.70% 14.52% $11,452.05 $191.58 7 40.71% 1.70% 18.30% $11,829.97 $197.90 8 47.75% 1.70% 22.20% $12,220.36 $204.43 9 55.13% 1.70% 26.24% $12,623.63 $211.17 10 62.89% 1.70% 30.40% $13,040.21 $218.14 TOTAL GAIN AFTER FEES AND EXPENSES $3,040.21 TOTAL ANNUAL FEES AND EXPENSES $2,468.11
- --------------- (1) Annual Fees and Expenses are calculated based on the average between the beginning and ending balance for each year. All information is calculated on an annual compounding basis. (2) Reflects deduction of the maximum initial sales charge. COLUMBIA GREATER CHINA FUND -- CLASS B SHARES
ASSUMED RATE OF RETURN MAXIMUM SALES CHARGE INITIAL HYPOTHETICAL INVESTMENT AMOUNT 5% 0.00% $10,000.00 HYPOTHETICAL CUMULATIVE CUMULATIVE YEAR-END ANNUAL RETURN BEFORE ANNUAL EXPENSE RETURN AFTER BALANCE AFTER FEES & YEAR FEES & EXPENSES RATIO FEES & EXPENSES FEES & EXPENSES EXPENSES(1) ---- --------------- -------------- --------------- --------------- ----------- 1 5.00% 2.45% 2.55% $10,255.00 $248.12 2 10.25% 2.45% 5.17% $10,516.50 $254.45 3 15.76% 2.45% 7.85% $10,784.67 $260.94 4 21.55% 2.45% 10.60% $11,059.68 $267.59 5 27.63% 2.45% 13.42% $11,341.70 $274.42 6 34.01% 2.45% 16.31% $11,630.92 $281.41 7 40.71% 2.45% 19.28% $11,927.51 $288.59 8 47.75% 2.45% 22.32% $12,231.66 $295.95 9 55.13% 1.70% 26.35% $12,635.30 $211.37 10 62.89% 1.70% 30.52% $13,052.27 $218.34 TOTAL GAIN AFTER FEES AND EXPENSES $3,052.27 TOTAL ANNUAL FEES AND EXPENSES $2,601.19
- --------------- (1) Annual Fees and Expenses are calculated based on the average between the beginning and ending balance for each year. All information is calculated on an annual compounding basis. COLUMBIA GREATER CHINA FUND -- CLASS C SHARES
ASSUMED RATE OF RETURN MAXIMUM SALES CHARGE INITIAL HYPOTHETICAL INVESTMENT AMOUNT 5% 0.00% $10,000.00 HYPOTHETICAL CUMULATIVE CUMULATIVE YEAR-END ANNUAL RETURN BEFORE ANNUAL EXPENSE RETURN AFTER BALANCE AFTER FEES & YEAR FEES & EXPENSES RATIO FEES & EXPENSES FEES & EXPENSES EXPENSES(1) ---- --------------- -------------- --------------- --------------- ----------- 1 5.00% 2.45% 2.55% $10,255.00 $248.12 2 10.25% 2.45% 5.17% $10,516.50 $254.45 3 15.76% 2.45% 7.85% $10,784.67 $260.94 4 21.55% 2.45% 10.60% $11,059.68 $267.59 5 27.63% 2.45% 13.42% $11,341.70 $274.42 6 34.01% 2.45% 16.31% $11,630.92 $281.41 7 40.71% 2.45% 19.28% $11,927.51 $288.59 8 47.75% 2.45% 22.32% $12,231.66 $295.95 9 55.13% 2.45% 25.44% $12,543.56 $303.50 10 62.89% 2.45% 28.63% $12,863.43 $311.24 TOTAL GAIN AFTER FEES AND EXPENSES $2,863.43 TOTAL ANNUAL FEES AND EXPENSES $2,786.21
- --------------- (1) Annual Fees and Expenses are calculated based on the average between the beginning and ending balance for each year. All information is calculated on an annual compounding basis. COLUMBIA GREATER CHINA FUND -- CLASS Z SHARES
ASSUMED RATE OF RETURN MAXIMUM SALES CHARGE INITIAL HYPOTHETICAL INVESTMENT AMOUNT 5% 0.00% $10,000.00 HYPOTHETICAL CUMULATIVE CUMULATIVE YEAR-END ANNUAL RETURN BEFORE ANNUAL EXPENSE RETURN AFTER BALANCE AFTER FEES & YEAR FEES & EXPENSES RATIO FEES & EXPENSES FEES & EXPENSES EXPENSES(1) ---- --------------- -------------- --------------- --------------- ----------- 1 5.00% 1.45% 3.55% $10,355.00 $147.57 2 10.25% 1.45% 7.23% $10,722.60 $152.81 3 15.76% 1.45% 11.03% $11,103.25 $158.24 4 21.55% 1.45% 14.97% $11,497.42 $163.85 5 27.63% 1.45% 19.06% $11,905.58 $169.67 6 34.01% 1.45% 23.28% $12,328.23 $175.70 7 40.71% 1.45% 27.66% $12,765.88 $181.93 8 47.75% 1.45% 32.19% $13,219.07 $188.39 9 55.13% 1.45% 36.88% $13,688.34 $195.08 10 62.89% 1.45% 41.74% $14,174.28 $202.00 TOTAL GAIN AFTER FEES AND EXPENSES $4,174.28 TOTAL ANNUAL FEES AND EXPENSES $1,735.25
- --------------- (1) Annual Fees and Expenses are calculated based on the average between the beginning and ending balance for each year. All information is calculated on an annual compounding basis. COLUMBIA FEDERAL SECURITIES FUND -- CLASS A SHARES
ASSUMED RATE OF RETURN MAXIMUM SALES CHARGE INITIAL HYPOTHETICAL INVESTMENT AMOUNT 5% 4.75% $10,000.00 HYPOTHETICAL CUMULATIVE CUMULATIVE YEAR-END ANNUAL RETURN BEFORE ANNUAL EXPENSE RETURN AFTER BALANCE AFTER FEES & YEAR FEES & EXPENSES RATIO FEES & EXPENSES FEES & EXPENSES EXPENSES(1) ---- --------------- -------------- --------------- --------------- ----------- 1 5.00% 0.99% -0.93%(2) $9,906.95 $571.19 2 10.25% 0.99% 3.04% $10,304.22 $100.05 3 15.76% 0.99% 7.17% $10,717.42 $104.06 4 21.55% 0.99% 11.47% $11,147.19 $108.23 5 27.63% 0.99% 15.94% $11,594.19 $112.57 6 34.01% 0.99% 20.59% $12,059.12 $117.08 7 40.71% 0.99% 25.43% $12,542.69 $121.78 8 47.75% 0.99% 30.46% $13,045.65 $126.66 9 55.13% 0.99% 35.69% $13,568.78 $131.74 10 62.89% 0.99% 41.13% $14,112.89 $137.02 TOTAL GAIN AFTER FEES AND EXPENSES $4,112.89 TOTAL ANNUAL FEES AND EXPENSES $1,630.38
- --------------- (1) Annual Fees and Expenses are calculated based on the average between the beginning and ending balance for each year. All information is calculated on an annual compounding basis. (2) Reflects deduction of the maximum initial sales charge. COLUMBIA FEDERAL SECURITIES FUND -- CLASS B SHARES
ASSUMED RATE OF RETURN MAXIMUM SALES CHARGE INITIAL HYPOTHETICAL INVESTMENT AMOUNT 5% 0.00% $10,000.00 HYPOTHETICAL CUMULATIVE CUMULATIVE YEAR-END ANNUAL RETURN BEFORE ANNUAL EXPENSE RETURN AFTER BALANCE AFTER FEES & YEAR FEES & EXPENSES RATIO FEES & EXPENSES FEES & EXPENSES EXPENSES(1) ---- --------------- -------------- --------------- --------------- ----------- 1 5.00% 1.74% 3.26% $10,326.00 $176.84 2 10.25% 1.74% 6.63% $10,662.63 $182.60 3 15.76% 1.74% 10.10% $11,010.23 $188.55 4 21.55% 1.74% 13.69% $11,369.16 $194.70 5 27.63% 1.74% 17.40% $11,739.80 $201.05 6 34.01% 1.74% 21.23% $12,122.51 $207.60 7 40.71% 1.74% 25.18% $12,517.71 $214.37 8 47.75% 1.74% 29.26% $12,925.79 $221.36 9 55.13% 0.99% 34.44% $13,444.11 $130.53 10 62.89% 0.99% 39.83% $13,983.22 $135.77 TOTAL GAIN AFTER FEES AND EXPENSES $3,983.22 TOTAL ANNUAL FEES AND EXPENSES $1,853.37
- --------------- (1) Annual Fees and Expenses are calculated based on the average between the beginning and ending balance for each year. All information is calculated on an annual compounding basis. COLUMBIA FEDERAL SECURITIES FUND -- CLASS C SHARES
ASSUMED RATE OF RETURN MAXIMUM SALES CHARGE INITIAL HYPOTHETICAL INVESTMENT AMOUNT 5% 0.00% $10,000.00 HYPOTHETICAL CUMULATIVE CUMULATIVE YEAR-END ANNUAL RETURN BEFORE ANNUAL EXPENSE RETURN AFTER BALANCE AFTER FEES & YEAR FEES & EXPENSES RATIO FEES & EXPENSES FEES & EXPENSES EXPENSES(1) ---- --------------- -------------- --------------- --------------- ----------- 1 5.00% 1.74% 3.26% $10,326.00 $176.84 2 10.25% 1.74% 6.63% $10,662.63 $182.60 3 15.76% 1.74% 10.10% $11,010.23 $188.55 4 21.55% 1.74% 13.69% $11,369.16 $194.70 5 27.63% 1.74% 17.40% $11,739.80 $201.05 6 34.01% 1.74% 21.23% $12,122.51 $207.60 7 40.71% 1.74% 25.18% $12,517.71 $214.37 8 47.75% 1.74% 29.26% $12,925.79 $221.36 9 55.13% 1.74% 33.47% $13,347.17 $228.57 10 62.89% 1.74% 37.82% $13,782.28 $236.03 TOTAL GAIN AFTER FEES AND EXPENSES $3,782.28 TOTAL ANNUAL FEES AND EXPENSES $2,051.67
- --------------- (1) Annual Fees and Expenses are calculated based on the average between the beginning and ending balance for each year. All information is calculated on an annual compounding basis. COLUMBIA FEDERAL SECURITIES FUND -- CLASS Z SHARES
ASSUMED RATE OF RETURN MAXIMUM SALES CHARGE INITIAL HYPOTHETICAL INVESTMENT AMOUNT 5% 0.00% $10,000.00 HYPOTHETICAL CUMULATIVE CUMULATIVE YEAR-END ANNUAL RETURN BEFORE ANNUAL EXPENSE RETURN AFTER BALANCE AFTER FEES & YEAR FEES & EXPENSES RATIO FEES & EXPENSES FEES & EXPENSES EXPENSES(1) ---- --------------- -------------- --------------- --------------- ----------- 1 5.00% 0.74% 4.26% $10,426.00 $75.58 2 10.25% 0.74% 8.70% $10,870.15 $78.80 3 15.76% 0.74% 13.33% $11,333.22 $82.15 4 21.55% 0.74% 18.16% $11,816.01 $85.65 5 27.63% 0.74% 23.19% $12,319.37 $89.30 6 34.01% 0.74% 28.44% $12,844.18 $93.11 7 40.71% 0.74% 33.91% $13,391.34 $97.07 8 47.75% 0.74% 39.62% $13,961.81 $101.21 9 55.13% 0.74% 45.57% $14,556.58 $105.52 10 62.89% 0.74% 51.77% $15,176.69 $110.01 TOTAL GAIN AFTER FEES AND EXPENSES $5,176.69 TOTAL ANNUAL FEES AND EXPENSES $918.39
- --------------- (1) Annual Fees and Expenses are calculated based on the average between the beginning and ending balance for each year. All information is calculated on an annual compounding basis. COLUMBIA INTERNATIONAL STOCK FUND -- CLASS A SHARES
ASSUMED RATE OF RETURN MAXIMUM SALES CHARGE INITIAL HYPOTHETICAL INVESTMENT AMOUNT 5% 5.75% $10,000.00 HYPOTHETICAL CUMULATIVE CUMULATIVE YEAR-END ANNUAL RETURN BEFORE ANNUAL EXPENSE RETURN AFTER BALANCE AFTER FEES & YEAR FEES & EXPENSES RATIO FEES & EXPENSES FEES & EXPENSES EXPENSES(1) ---- --------------- -------------- --------------- --------------- ----------- 1 5.00% 1.29% -2.25%(2) $9,774.67 $698.84 2 10.25% 1.29% 1.37% $10,137.31 $128.43 3 15.76% 1.29% 5.13% $10,513.40 $133.20 4 21.55% 1.29% 9.03% $10,903.45 $138.14 5 27.63% 1.29% 13.08% $11,307.97 $143.26 6 34.01% 1.29% 17.27% $11,727.49 $148.58 7 40.71% 1.29% 21.63% $12,162.58 $154.09 8 47.75% 1.29% 26.14% $12,613.81 $159.81 9 55.13% 1.29% 30.82% $13,081.79 $165.74 10 62.89% 1.29% 35.67% $13,567.12 $171.89 TOTAL GAIN AFTER FEES AND EXPENSES $3,567.12 TOTAL ANNUAL FEES AND EXPENSES $2,041.97
- --------------- (1) Annual Fees and Expenses are calculated based on the average between the beginning and ending balance for each year. All information is calculated on an annual compounding basis. (2) Reflects deduction of the maximum initial sales charge. COLUMBIA INTERNATIONAL STOCK FUND -- CLASS B SHARES
ASSUMED RATE OF RETURN MAXIMUM SALES CHARGE INITIAL HYPOTHETICAL INVESTMENT AMOUNT 5% 0.00% $10,000.00 HYPOTHETICAL CUMULATIVE CUMULATIVE YEAR-END ANNUAL RETURN BEFORE ANNUAL EXPENSE RETURN AFTER BALANCE AFTER FEES & YEAR FEES & EXPENSES RATIO FEES & EXPENSES FEES & EXPENSES EXPENSES(1) ---- --------------- -------------- --------------- --------------- ----------- 1 5.00% 2.04% 2.96% $10,296.00 $207.02 2 10.25% 2.04% 6.01% $10,600.76 $213.15 3 15.76% 2.04% 9.15% $10,914.54 $219.46 4 21.55% 2.04% 12.38% $11,237.61 $225.95 5 27.63% 2.04% 15.70% $11,570.25 $232.64 6 34.01% 2.04% 19.13% $11,912.73 $239.53 7 40.71% 2.04% 22.65% $12,265.34 $246.62 8 47.75% 2.04% 26.28% $12,628.40 $253.92 9 55.13% 1.29% 30.97% $13,096.91 $165.93 10 62.89% 1.29% 35.83% $13,582.81 $172.08 TOTAL GAIN AFTER FEES AND EXPENSES $3,582.81 TOTAL ANNUAL FEES AND EXPENSES $2,176.29
- --------------- (1) Annual Fees and Expenses are calculated based on the average between the beginning and ending balance for each year. All information is calculated on an annual compounding basis. COLUMBIA INTERNATIONAL STOCK FUND -- CLASS C SHARES
ASSUMED RATE OF RETURN MAXIMUM SALES CHARGE INITIAL HYPOTHETICAL INVESTMENT AMOUNT 5% 0.00% $10,000.00 HYPOTHETICAL CUMULATIVE CUMULATIVE YEAR-END ANNUAL RETURN BEFORE ANNUAL EXPENSE RETURN AFTER BALANCE AFTER FEES & YEAR FEES & EXPENSES RATIO FEES & EXPENSES FEES & EXPENSES EXPENSES(1) ---- --------------- -------------- --------------- --------------- ----------- 1 5.00% 2.04% 2.96% $10,296.00 $207.02 2 10.25% 2.04% 6.01% $10,600.76 $213.15 3 15.76% 2.04% 9.15% $10,914.54 $219.46 4 21.55% 2.04% 12.38% $11,237.61 $225.95 5 27.63% 2.04% 15.70% $11,570.25 $232.64 6 34.01% 2.04% 19.13% $11,912.73 $239.53 7 40.71% 2.04% 22.65% $12,265.34 $246.62 8 47.75% 2.04% 26.28% $12,628.40 $253.92 9 55.13% 2.04% 30.02% $13,002.20 $261.43 10 62.89% 2.04% 33.87% $13,387.06 $269.17 TOTAL GAIN AFTER FEES AND EXPENSES $3,387.06 TOTAL ANNUAL FEES AND EXPENSES $2,368.88
- --------------- (1) Annual Fees and Expenses are calculated based on the average between the beginning and ending balance for each year. All information is calculated on an annual compounding basis. COLUMBIA INTERNATIONAL STOCK FUND -- CLASS D SHARES
ASSUMED RATE OF RETURN MAXIMUM SALES CHARGE INITIAL HYPOTHETICAL INVESTMENT AMOUNT 5% 0.00% $10,000.00 HYPOTHETICAL CUMULATIVE CUMULATIVE YEAR-END ANNUAL RETURN BEFORE ANNUAL EXPENSE RETURN AFTER BALANCE AFTER FEES & YEAR FEES & EXPENSES RATIO FEES & EXPENSES FEES & EXPENSES EXPENSES(1) ---- --------------- -------------- --------------- --------------- ----------- 1 5.00% 2.04% 2.96% $10,296.00 $207.02 2 10.25% 2.04% 6.01% $10,600.76 $213.15 3 15.76% 2.04% 9.15% $10,914.54 $219.46 4 21.55% 2.04% 12.38% $11,237.61 $225.95 5 27.63% 2.04% 15.70% $11,570.25 $232.64 6 34.01% 2.04% 19.13% $11,912.73 $239.53 7 40.71% 2.04% 22.65% $12,265.34 $246.62 8 47.75% 2.04% 26.28% $12,628.40 $253.92 9 55.13% 2.04% 30.02% $13,002.20 $261.43 10 62.89% 2.04% 33.87% $13,387.06 $269.17 TOTAL GAIN AFTER FEES AND EXPENSES $3,387.06 TOTAL ANNUAL FEES AND EXPENSES $2,368.88
- --------------- (1) Annual Fees and Expenses are calculated based on the average between the beginning and ending balance for each year. All information is calculated on an annual compounding basis. COLUMBIA INTERNATIONAL STOCK FUND -- CLASS G SHARES
ASSUMED RATE OF RETURN MAXIMUM SALES CHARGE INITIAL HYPOTHETICAL INVESTMENT AMOUNT 5% 0.00% $10,000.00 HYPOTHETICAL CUMULATIVE CUMULATIVE YEAR-END ANNUAL RETURN BEFORE ANNUAL EXPENSE RETURN AFTER BALANCE AFTER FEES & YEAR FEES & EXPENSES RATIO FEES & EXPENSES FEES & EXPENSES EXPENSES(1) ---- --------------- -------------- --------------- --------------- ----------- 1 5.00% 1.99% 3.01% $10,301.00 $201.99 2 10.25% 1.99% 6.11% $10,611.06 $208.07 3 15.76% 1.99% 9.30% $10,930.45 $214.34 4 21.55% 1.99% 12.59% $11,259.46 $220.79 5 27.63% 1.99% 15.98% $11,598.37 $227.44 6 34.01% 1.99% 19.47% $11,947.48 $234.28 7 40.71% 1.99% 23.07% $12,307.10 $241.33 8 47.75% 1.99% 26.78% $12,677.54 $248.60 9 55.13% 1.29% 31.48% $13,147.88 $166.57 10 62.89% 1.29% 36.36% $13,635.67 $172.75 TOTAL GAIN AFTER FEES AND EXPENSES $3,635.67 TOTAL ANNUAL FEES AND EXPENSES $2,136.17
- --------------- (1) Annual Fees and Expenses are calculated based on the average between the beginning and ending balance for each year. All information is calculated on an annual compounding basis. COLUMBIA INTERNATIONAL STOCK FUND -- CLASS Z SHARES
ASSUMED RATE OF RETURN MAXIMUM SALES CHARGE INITIAL HYPOTHETICAL INVESTMENT AMOUNT 5% 0.00% $10,000.00 HYPOTHETICAL CUMULATIVE CUMULATIVE YEAR-END ANNUAL RETURN BEFORE ANNUAL EXPENSE RETURN AFTER BALANCE AFTER FEES & YEAR FEES & EXPENSES RATIO FEES & EXPENSES FEES & EXPENSES EXPENSES(1) ---- --------------- -------------- --------------- --------------- ----------- 1 5.00% 1.04% 3.96% $10,396.00 $106.06 2 10.25% 1.04% 8.08% $10,807.68 $110.26 3 15.76% 1.04% 12.36% $11,235.67 $114.63 4 21.55% 1.04% 16.81% $11,680.60 $119.16 5 27.63% 1.04% 21.43% $12,143.15 $123.88 6 34.01% 1.04% 26.24% $12,624.02 $128.79 7 40.71% 1.04% 31.24% $13,123.93 $133.89 8 47.75% 1.04% 36.44% $13,643.64 $139.19 9 55.13% 1.04% 41.84% $14,183.93 $144.70 10 62.89% 1.04% 47.46% $14,745.61 $150.43 TOTAL GAIN AFTER FEES AND EXPENSES $4,745.61 TOTAL ANNUAL FEES AND EXPENSES $1,271.00
- --------------- (1) Annual Fees and Expenses are calculated based on the average between the beginning and ending balance for each year. All information is calculated on an annual compounding basis. INT-47/106625-0206 February 22, 2006 -----END PRIVACY-ENHANCED MESSAGE-----