-----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, L4CnaTWFbv/6h7rNNLXiOzzTiEDjhCCDgsngNz4TPnYvtRvUU034jFrgBGxgH4nH aBN4j6Dr1z124l9JIoIFAQ== 0000950135-06-000974.txt : 20060217 0000950135-06-000974.hdr.sgml : 20060217 20060217163452 ACCESSION NUMBER: 0000950135-06-000974 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060217 DATE AS OF CHANGE: 20060217 EFFECTIVENESS DATE: 20060217 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBIA MID CAP GROWTH FUND INC CENTRAL INDEX KEY: 0000773599 IRS NUMBER: 930896403 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-99207 FILM NUMBER: 06629703 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: COLUMBIA SPECIAL FUND INC DATE OF NAME CHANGE: 19920703 0000773599 S000010644 Columbia Mid Cap Growth Fund, Inc. C000029497 Class A C000029498 Class B C000029499 Class C C000029500 Class D C000029501 Class G C000029503 Class T C000029504 Class Z 497 1 b59242c2e497.txt COLUMBIA MIDCAP GROWTH FUND, INC. COLUMBIA MID CAP GROWTH FUND, INC. (THE "FUND") SUPPLEMENT TO THE CLASS ABCD, T&G AND Z SHARES STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 1, 2006 (REPLACING THE SUPPLEMENT DATED FEBRUARY 3, 2006) 1. Under the section "INVESTMENTS HELD AND INVESTMENT PRACTICES USED BY THE FUNDS - CHART OF SECURITIES AND INVESTMENT PRACTICES" the chart is revised in its entirety as follows: Chart of Securities and Investment Practices
CMCG CSCG CREF CTF CSIF ---- ---- ---- ---- ---- Investment Grade Securities (Baa or higher by Moody's, BBB or higher by S&P or believed by the Advisor to be equivalent), other than U.S. Government obligations and municipal securities * * * * * Non-Investment Grade Securities NA NA NA NA NA Domestic Bank Obligations * * * * * U.S. Government Securities * * * * * Mortgage-Backed Securities NA NA NA NA NA CMOs NA NA NA NA NA Asset-Backed Securities NA NA NA NA NA Floating or Variable Rate NA NA NA NA NA Loan Transactions X O O O O Options & Financial Futures O O O O O Foreign Equities(1) Developed Markets 20%,O 20%,X 20%,O 33%,O 33%,+ Emerging Markets(2) X X X X + ADRs, GDRs and NASDAQ-listed foreign securities(1) 20%,O 20%,X O 33%,O 33%,+ Currency Contracts Hedging O O O O O Speculation X X X X X Spot Basis O O O O O Repurchase Agreements * * * * * Illiquid (exclude 144A securities from definition of illiquid with board supervision) 15%,O 15%,O 15%,O 15%,O 15%,O Convertible Securities/Warrants + + + + + Small Companies + + + + + Dollar Roll Transactions NA NA NA NA NA Swap Agreements NA NA NA NA NA When-Issued Securities O O O O O Foreign Fixed Income Securities NA NA NA NA NA (including Foreign Bank Obligations) Zero Coupon/Pay in Kind NA NA NA NA NA Real Estate (excluding REITs) X X X X X REITs + O + O + Borrowing 5%,* 5%,* 5%,* 33.3%,* 33.3%,*
+ Permitted - Part of principal investment strategy X Not permitted either as a non-fundamental or fundamental policy O Permitted - Not a principal investment strategy * Temporary Investment or cash management purposes % Percentage of net assets (unless "total assets" specified) that Fund may invest NA Not part of investment strategy (1) Any limitation on foreign investments includes investments in both foreign securities purchased in foreign markets and ADRs, GDRs and NASDAQ-listed foreign securities. (2) ADRs, GDRs and NASDAQ-listed securities are not subject to this limitation, even if the issuer is headquartered in, has its principal operations in, derives its revenues from, has its principal trading market located in or was legally organized in an emerging market country. (3) Percentage is based on total assets.
CMBF CHYF CBF ---- ---- ---- Investment Grade Securities (Baa or O O + higher by Moody's, BBB or higher by S&P or believed by the Advisor to be equivalent), other than U.S. Government obligations and municipal securities Non-Investment Grade Securities NA + 10%,O Domestic Bank Obligations * * * Commercial Paper * * * U.S. Government Securities * * + Mortgage-Backed Securities NA O + CMOs NA O + Asset-Backed Securities NA O + Floating or Variable Rate O O + Loan Transactions O O X Options & Financial Futures + O + Foreign Equities(1) Developed Markets NA NA 33.3%,O Emerging Markets(2) NA NA X ADRs, GDRs and NASDAQ-listed foreign securities(1) NA NA 33.3%,O Currency Contracts Hedging NA NA O Speculation NA NA X Spot Basis NA NA O Repurchase Agreements * * * Illiquid (excludes 144A securities from 15%,O 15%,O 15%,O definition of illiquid with board supervision) Convertible Securities/Warrants NA O O Small Companies NA + O Dollar Roll Transactions NA O + Swap Agreements O O O When-Issued Securities O O O Foreign Fixed Income Securities NA 10%,O 20%,O (including Foreign Bank Obligations) Zero Coupon/Pay in Kind + O O Real Estate (excluding REITs) X X X REITs NA O O Borrowing 33.3%,* 5%,* 5%,* Municipal Bonds + NA O
+ Permitted - Part of principal investment strategy X Not permitted either as a non-fundamental or fundamental policy O Permitted - Not a principal investment strategy * Temporary Investment or cash management purposes % Percentage of net assets (unless "total assets" specified) that Fund may invest NA Not part of investment strategy (1) Any limitation on foreign investments includes investments in both foreign securities purchased in the foreign markets, together with the purchase of ADRs, GDRs and NASDAQ-listed foreign securities. (2) ADRs, GDRs, and NASDAQ-listed foreign securities are not subject to this limitation, even if the issuer is headquartered in, has its principal operations in, derives its revenues from, has its principal trading market located in or was legally organized in an emerging market country. (3) Percentage is based on total assets. 2. Under the section "INVESTMENT RESTRICTIONS" the non-fundamental investment restrictions section for the Fund is revised in its entirety as follows: Columbia Mid Cap Growth Fund, Inc. The following is a list of non-fundamental investment restrictions applicable to the Fund. These restrictions can be changed by the Board, but the change will only be effective after notice is given (60 days notice in the case of non-fundamental restriction #2) to shareholders of the Fund. The Fund may not: 1. Purchase or otherwise acquire any security if, as a result, more than 15% of its net assets would be invested in securities that are illiquid. 2. Invest less than 80% of its assets in the stocks of mid-cap companies (those stocks with a market capitalization, at the time of initial purchase, equal to or less than the largest stock in the Russell Mid Cap Index), except when the Fund is taking a temporary defensive position due to a determination by the Fund's Advisor that adverse market conditions make it desirable to suspend temporarily the Fund's normal investment activities. 3. Invest more than 20% of its total assets in foreign securities. 3. The following language is added to the chart following the heading "OTHER ACCOUNTS MANAGED BY PORTFOLIO MANAGERS" in the section "MANAGEMENT - PORTFOLIO MANAGERS":
OTHER SEC-REGISTERED OPEN-END AND CLOSED-END OTHER POOLED FUNDS INVESTMENT VEHICLES OTHER ACCOUNTS ------------------------ ---------------------- ------------------------ Number of Number of Number of PORTFOLIO MANAGER accounts Assets accounts Assets accounts Assets - ----------------- --------- ------------ --------- ---------- --------- ------------ Wayne M. Collette* 9 $533 million 1 $8 million 23 $465 million
J. Michael Kosicki* 7 $318 million 1 $8 million 27 $465 million George J. Myers* 7 $318 million 1 $8 million 26 $465 million Theodore R. Wendell* 9 $533 million 1 $8 million 29 $465 million
4. The following language is added to the chart following the heading "OWNERSHIP OF SECURITIES" in the section "MANAGEMENT - PORTFOLIO MANAGERS":
DOLLAR RANGE OF EQUITY SECURITIES IN THE PORTFOLIO MANAGER FUND BENEFICIALLY OWNED - ----------------- ---------------------------------------- Wayne M. Collette* None J. Michael Kosicki* None George J. Myers* None Theodore R. Wendell* None
5. The following language is added to the chart following the heading "COMPENSATION" in the section "MANAGEMENT - PORTFOLIO MANAGERS":
PORTFOLIO MANAGER PERFORMANCE BENCHMARK PEER GROUP - ----------------- --------------------- ---------- Wayne M. Collette Russell Midcap Growth Tr Morningstar Mid Growth Category J. Michael Kosicki Russell Midcap Growth Tr Morningstar Mid Growth Category George J. Myers Russell Midcap Growth Tr Morningstar Mid Growth Category Theodore R. Wendell Russell Midcap Growth Tr Morningstar Mid Growth Category
* Information provided as of December 31, 2005. ILT-39/106649-0206 February 17, 2006 -----END PRIVACY-ENHANCED MESSAGE-----