0001193125-14-448617.txt : 20141219 0001193125-14-448617.hdr.sgml : 20141219 20141219161205 ACCESSION NUMBER: 0001193125-14-448617 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20141219 DATE AS OF CHANGE: 20141219 EFFECTIVENESS DATE: 20141219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBIA FUNDS SERIES TRUST I CENTRAL INDEX KEY: 0000773757 IRS NUMBER: 363376651 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497K SEC ACT: 1933 Act SEC FILE NUMBER: 002-99356 FILM NUMBER: 141299766 BUSINESS ADDRESS: STREET 1: 225 FRANKLIN STREET CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 8003382550 MAIL ADDRESS: STREET 1: 225 FRANKLIN STREET CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: COLUMBIA FUNDS TRUST IX DATE OF NAME CHANGE: 20031107 FORMER COMPANY: FORMER CONFORMED NAME: LIBERTY STEIN ROE FUNDS MUNICIPAL TRUST DATE OF NAME CHANGE: 19991025 FORMER COMPANY: FORMER CONFORMED NAME: STEINROE MUNICIPAL TRUST DATE OF NAME CHANGE: 19920703 0000773757 S000024212 Columbia International Bond Fund C000071070 Class A CNBAX C000071071 Class C CNBCX C000071072 Class Z CNBZX C000094718 Class I CIBIX C000117690 Class W CLBWX 497K 1 d841296d497k.htm COLUMBIA FUNDS SERIES TRUST I Columbia Funds Series Trust I
Supplement dated December 19, 2014
to the Prospectus and Summary Prospectus, as supplemented or amended, of the following fund:
Fund Prospectus Dated
Columbia Funds Series Trust I  
 Columbia International Bond Fund 3/1/2014
The Fund’s Board of Trustees of the Fund has approved a Plan of Liquidation and Termination (the Plan) pursuant to which the Fund will be liquidated and terminated.
Effective at the close of business on December 26, 2014, the Fund is no longer open to new investors. Shareholders who opened and funded an account with the Fund as of the close of business on this date (including accounts once funded that subsequently reached a zero balance) may continue to make additional purchases of Fund shares, including purchases by existing plan-level retirement or other omnibus accounts relating to new or existing participants seeking to invest in the Fund.
Effective December 22, 2014, any applicable contingent deferred sales charges will be waived on redemptions and exchanges out of the Fund. Under the terms of the Plan, it is anticipated that the Fund will be liquidated on or about February 6, 2015 (the Liquidation Date) at which time the Fund's shareholders will receive a liquidating distribution in an amount equal to the net asset value of their Fund shares. For federal tax purposes, the liquidation of the Fund will be treated as a redemption of Fund shares and may cause shareholders to recognize a gain or loss. You should consult with your own tax advisor about the particular tax consequences to you of the Fund’s liquidation. Shareholders of the Fund may also redeem their investments in the Fund at any time prior to the Liquidation Date.
As of the close of business on the business day preceding the Liquidation Date, the Fund will not accept any orders for the purchase of or exchange for shares of the Fund. Orders for the purchase of or exchange for shares of the Fund may, in the Fund’s discretion, be rejected prior to the Liquidation Date, including for operational reasons relating to the anticipated liquidation of the Fund.
During the period prior to the Liquidation Date, the Fund’s investment manager, Columbia Management Investment Advisers, LLC (the Investment Manager), may depart from the Fund’s stated investment objectives and strategies in order to reduce portfolio securities and liquidate the Fund’s assets in a manner the Investment Manager believes to be in the best interests of the Fund and its shareholders.
Shareholders should retain this Supplement for future reference.
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