497 1 c50649e497.txt FORM 497 . . . (RIVERSOURCE INVESTMENTS LOGO) PROSPECTUS SUPPLEMENT DATED APRIL 21, 2009* RIVERSOURCE INCOME BUILDER BASIC INCOME FUND -- PROSPECTUS (4/1/2009) S-6394-99 F RIVERSOURCE INCOME BUILDER ENHANCED INCOME FUND -- PROSPECTUS (4/1/2009) S-6394-99 F RIVERSOURCE INCOME BUILDER MODERATE INCOME FUND -- PROSPECTUS (4/1/2009) S-6394-99 F RIVERSOURCE PORTFOLIO BUILDER CONSERVATIVE FUND -- PROSPECTUS (4/1/2009) S-6282-99 H RIVERSOURCE PORTFOLIO BUILDER MODERATE CONSERVATIVE FUND -- PROSPECTUS (4/1/2009) S-6282-99 H RIVERSOURCE PORTFOLIO BUILDER MODERATE FUND -- PROSPECTUS (4/1/2009) S-6282-99 H RIVERSOURCE PORTFOLIO BUILDER MODERATE AGGRESSIVE FUND -- PROSPECTUS (4/1/2009) S-6282-99 H RIVERSOURCE PORTFOLIO BUILDER AGGRESSIVE FUND -- PROSPECTUS (4/1/2009) S-6282-99 H RIVERSOURCE PORTFOLIO BUILDER TOTAL EQUITY FUND -- PROSPECTUS (4/1/2009) S-6282-99 H
For RiverSource Income Builder Basic Income Fund, RiverSource Income Builder Enhanced Income Fund and RiverSource Income Builder Moderate Income Fund, Table 1 under the "Principal Investment Strategies" section has been revised as follows: TABLE 1. INVESTMENT CATEGORY RANGES BY FUND
---------------------------------------------------------------------------------------------------------------- INCOME BUILDER FUNDS (TARGET ALLOCATION RANGE -- UNDER NORMAL MARKET CONDITIONS)** ----------------------------- ASSET CLASS BASIC MODERATE ENHANCED (TARGET RANGES SET INVESTMENT INCOME INCOME INCOME FORTH IN TABLE 2) CATEGORY ELIGIBLE UNDERLYING FUND* FUND FUND FUND ---------------------------------------------------------------------------------------------------------------- U.S. Large Cap EQUITY Value RiverSource Dividend Opportunity Fund 0-30% 0-35% 0-40% --------------------------------------------------------------------------- RiverSource Disciplined Equity Fund 0-30% 0-35% 0-40% --------------------------------------------------------------------------- RiverSource Disciplined Large Cap Value Fund 0-30% 0-35% 0-40% --------------------------------------------------------------------------------------------- U.S. Small/Mid RiverSource Disciplined Small and Mid Cap Cap Equity Fund 0-30% 0-35% 0-40% --------------------------------------------------------------------------- RiverSource Disciplined Small Cap Value Fund 0-30% 0-35% 0-40% --------------------------------------------------------------------------------------------- International RiverSource Disciplined International Equities Equity Fund 0-10% 0-15% 0-20% --------------------------------------------------------------------------------------------- Real Estate RiverSource Real Estate Fund 0-30% 0-35% 0-40% ---------------------------------------------------------------------------------------------------------------- RiverSource Inflation Protected Securities FIXED INCOME TIPS Fund 0-40% 0-40% 0-40% --------------------------------------------------------------------------------------------- Mortgages RiverSource U.S. Government Mortgage Fund 0-40% 0-40% 0-40% --------------------------------------------------------------------------------------------- Core Plus RiverSource Diversified Bond Fund 0-40% 0-40% 0-40% --------------------------------------------------------------------------- RiverSource Limited Duration Bond Fund 0-40% 0-40% 0-40% --------------------------------------------------------------------------------------------- High Yield Bonds RiverSource High Yield Bond Fund 0-15% 0-30% 0-35% --------------------------------------------------------------------------- RiverSource Income Opportunities Fund 0-15% 0-30% 0-35% --------------------------------------------------------------------------------------------- High Yield Loans RiverSource Floating Rate Fund 0-15% 0-20% 0-20% --------------------------------------------------------------------------------------------- International Bonds RiverSource Global Bond Fund 0-10% 0-15% 0-20% --------------------------------------------------------------------------------------------- Emerging Markets Bonds RiverSource Emerging Markets Bond Fund 0-15% 0-30% 0-35% ---------------------------------------------------------------------------------------------------------------- CASH Cash RiverSource Cash Management Fund 5-15% 0-10% 0-5% ---------------------------------------------------------------------------------------------------------------- RiverSource Absolute Return Currency and ALTERNATIVE INVESTMENT STRATEGIES Income Fund 0-5% 0-10% 0-15% ----------------------------------------------------------------------------------------------------------------
(*) A summary of the principal investment strategies of each eligible underlying fund is set forth in Appendix A. A description of the principal risks associated with these underlying funds is included in Appendix B. Additional information regarding the underlying funds may be found in the Statement of Additional Information. Additional underlying funds may be added in the future either in addition to, or to replace, current underlying funds in an investment category. (**)Market appreciation or depreciation may cause each Fund to be temporarily outside the ranges identified in the table. The investment manager may modify the target allocation ranges only upon approval of the Fund's Board of Directors. For RiverSource Income Builder Basic Income Fund, RiverSource Income Builder Enhanced Income Fund, RiverSource Income Builder Moderate Income Fund, RiverSource Portfolio Builder Conservative Fund, RiverSource Portfolio Builder Moderate Conservative Fund, RiverSource Portfolio Builder Moderate Fund, RiverSource Portfolio Builder Moderate Aggressive Fund, RiverSource Portfolio Builder Aggressive Fund and RiverSource Portfolio Builder Total Equity Fund, Appendix A is supplemented as follows: APPENDIX A UNDERLYING FUNDS -- INVESTMENT OBJECTIVES AND STRATEGIES The following is a brief description of the investment objectives and strategies of the underlying funds. RiverSource Investments may add new underlying funds for investment or change underlying funds without the approval of shareholders. Additional information regarding the underlying funds is available in the applicable fund's prospectus and statement of additional information. This prospectus is not an offer for any of the underlying funds. For a copy of a prospectus of the underlying fund, which contains this and other information, call (888) 791-3380 or visit our website at www.riversource.com. Read the prospectus carefully before you invest.
UNDERLYING FUNDS INVESTMENT OBJECTIVES AND STRATEGIES FIXED INCOME FUNDS RiverSource Limited Duration Bond Fund The Fund seeks to provide shareholders with a level of current income consistent with preservation of capital. Under normal market conditions, the Fund invests at least 80% of it net assets in bonds and other debt securities. The Fund will primarily invest in debt securities with short- and intermediate-term maturities. The Fund will primarily invest in corporate bonds, securities issued by the U.S. government, and mortgage- and asset-backed securities. The Fund may invest up to 15% of its net assets in securities rated below investment grade. Up to 25% of the Fund's net assets may be invested in foreign investments, which may include investments in emerging markets. -------------------------------------------------------------------------------------------------------------
S-6394-5 A (4/09) * Valid until April 1, 2010