497 1 c35545e497.txt DEFINITIVE MATERIAL . . . (RIVERSOURCE INVESTMENTS LOGO) STATEMENT OF ADDITIONAL INFORMATION (SAI) SUPPLEMENT -- DATED SEPT. 19, 2008
FUND SAI DATE FORM # ----------------------------------------------------------------------------------------------- RIVERSOURCE PARTNERS INTERNATIONAL SMALL CAP FUND AUG. 29, 2008 S-6500 AM THREADNEEDLE GLOBAL EQUITY FUND AUG. 29, 2008 S-6500 AM THREADNEEDLE GLOBAL EQUITY INCOME FUND AUG. 1, 2008 S-6500-16 A THREADNEEDLE INTERNATIONAL OPPORTUNITY FUND AUG. 29, 2008 S-6500 AM THREADNEEDLE VARIABLE PORTFOLIO -- INTERNATIONAL OPPORTUNITY FUND MAY 1, 2008 S-6400-20 AF
Table 19. Portfolio Managers, of the SAI for RiverSource Partners International Small Cap Fund, Threadneedle Global Equity Fund and Threadneedle International Opportunity Fund is revised as follows:
OTHER ACCOUNTS MANAGED (EXCLUDING THE FUND) ------------------------------------------------------- POTENTIAL APPROXIMATE OWNERSHIP CONFLICTS NUMBER AND TYPE TOTAL PERFORMANCE BASED OF FUND OF STRUCTURE OF FUND PORTFOLIO MANAGER OF ACCOUNT NET ASSETS ACCOUNTS SHARES INTEREST COMPENSATION ----------------------------------------------------------------------------------------------------------------------------------- FOR FUNDS WITH FISCAL PERIOD ENDING OCTOBER 31 ----------------------------------------------------------------------------------------------------------------------------------- Partners AIGGIC: International Small Cap Chantal Brennan 3 RICs $922.40 million None 4 PIVs $1.07 billion None (23) (47) 6 other accounts $601.40 million ---------------------------------------------------------------------------- Midori Katsumi(a) 1 RIC $7.5 million 4 other accounts 1 PIV $98.3 million ($266.4 M) 7 other accounts $359.6 million ---------------------------------------------------------------------------- Elizabeth Soon(a) 2 RICs $71.0 million 3 other accounts 2 PIVs $58.0 million ($28 M) 4 other accounts $63.0 million -------------------------------------------------------------------------------------------------------------- BATTERYMARCH: Charles F. Lovejoy 6 RICs $4.34 billion 1 other account --------------------------------------------------------- None (24) (48) Christopher W. Floyd 14 PIVs $1.81 billion ($48.04 M) 29 other accounts $6.31 billion ----------------------------------------------------------------------------------------------------------------------------------- Threadneedle Global THREADNEEDLE: Equity Stephen Thornber 3 PIVs $0.20 billion None 4 other accounts $1.4 billion None(c) (19) (43) ---------------------------------------------------------------------------- Andrew Holliman(b) 2 RICs $5.1 million 2 RICs ($5.1 M); 5 PIVs $3.49 billion 3 PIVs ($117.18 5 other accounts $650.0 million M); 2 other accounts ($29.2 M) ----------------------------------------------------------------------------------------------------------------------------------- Threadneedle THREADNEEDLE: International Opportunity Alex Lyle 2 RICs $2.03 billion 2 RICs ($2.03 B) 46 PIVs $5.90 billion None(c) (19) (43) 6 other accounts $0.71 billion ---------------------------------------------------------------------------- Esther Perkins(b) 1 RIC $900.8 million 1 RIC ($900.8 M) 4 other accounts $867.88 million -----------------------------------------------------------------------------------------------------------------------------------
(a) Ms. Katsumi began managing the fund effective Sept. 1, 2008; reporting information is as of June 30, 2008. Ms. Soon began managing the fund effective Sept. 1, 2008; reporting information is as of Sept. 15, 2008. (b) Mr. Holliman and Ms. Perkins began managing their respective funds effective Sept. 1, 2008, and therefore reporting information is as of July 31, 2008. (c) The fund is available for sale only in the U.S. The portfolio managers do not reside in the U.S. and therefore do not hold any shares of the fund. The rest of this section remains the same. Table 8. Portfolio Managers, of the SAI for Threadneedle Global Equity Income Fund is revised as follows:
OTHER ACCOUNTS MANAGED (EXCLUDING THE FUND) ------------------------------------------------------- POTENTIAL APPROXIMATE OWNERSHIP CONFLICTS NUMBER AND TYPE TOTAL PERFORMANCE BASED OF FUND OF STRUCTURE OF FUND PORTFOLIO MANAGER OF ACCOUNT NET ASSETS ACCOUNTS SHARES INTEREST COMPENSATION ----------------------------------------------------------------------------------------------------------------------------------- FOR FUNDS WITH FISCAL PERIOD ENDING OCTOBER 31 ----------------------------------------------------------------------------------------------------------------------------------- Threadneedle Global THREADNEEDLE: Equity Income None(c) (2) (B) Stephen Thornber(a) 1 RIC $756.0 million 1 RIC ($756 M) 1 PIV $30.0 million 5 other accounts $923.0 million ---------------------------------------------------------------------------- Jeremy Podger(b) 2 RICs $5.1 million 2 RICs ($5.1 M); 5 PIVs $1.21 billion 3 PIVs ($117.18 4 other accounts $384.77 million M); 2 other accounts ($7.9 M) -----------------------------------------------------------------------------------------------------------------------------------
(a) The fund was not yet available at its fiscal year end, and therefore reporting information is as of April 30, 2008. (b) Mr. Podger began managing the fund effective Sept. 1, 2008, and therefore reporting information is as of July 31, 2008. (c) The fund is available for sale only in the U.S. The portfolio managers do not reside in the U.S. and therefore do not hold any shares of the fund. The rest of this section remains the same. Table 16. Portfolio Managers, of the SAI for Threadneedle Variable Portfolio -- International Opportunity Fund is revised as follows:
OTHER ACCOUNTS MANAGED (EXCLUDING THE FUND) ------------------------------------------------------- POTENTIAL APPROXIMATE OWNERSHIP CONFLICTS NUMBER AND TYPE TOTAL PERFORMANCE BASED OF FUND OF STRUCTURE OF FUND PORTFOLIO MANAGER OF ACCOUNT NET ASSETS ACCOUNTS SHARES INTEREST COMPENSATION ----------------------------------------------------------------------------------------------------------------------------------- Variable THREADNEEDLE: Portfolio -- Inter- None(b) (2) (13) national Opportunity Alex Lyle 2 RICs $1.88 billion 2 RICs ($1.88 B) 39 PIVs $9.45 billion 13 other accounts $749.07 million ---------------------------------------------------------------------------- Esther Perkins(a) 1 RIC $555.92 million 1 RIC ($555.92 M) 4 other accounts $867.88 million -----------------------------------------------------------------------------------------------------------------------------------
(a) Ms. Perkins began managing the fund effective Sept. 1, 2008, and therefore reporting information is as of July 31, 2008. (b) All shares of the Variable Portfolio funds are owned by life insurance companies and are not available for purchase by individuals. Consequently, no portfolio manager owns any shares of Variable Portfolio funds. The rest of this section remains the same. -------------------------------------------------------------------------------- S-6500-25 A (9/08)