Definitive Materials Filed by Investment Companies. (497)
March 11 2013 - 9:55AM
Edgar (US Regulatory)
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Prospectus and
Statement of Additional Information (SAI) Supplement – March 11, 2013*
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Fund
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Prospectuses dated
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SAI dated
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Columbia Active Portfolios – Diversified Equity Income Fund
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October 1, 2012
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February 28, 2013
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Columbia Diversified Equity Income Fund
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October 1, 2012
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February 28, 2013
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Columbia Dividend Opportunity Fund
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October 1, 2012
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February 28, 2013
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Columbia Equity Value Fund
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July 1, 2012 & February 28, 2013
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February 28, 2013
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Columbia Mid Cap Value Opportunity Fund
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October 1, 2012
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February 28, 2013
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Effective March 11, 2013, the following changes are hereby made to the Fund’s prospectuses and SAI:
The following portfolio manager is hereby added under the caption “Fund Management” in the “Summary of the Fund” section of the
prospectuses:
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Portfolio Manager
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Title
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Managed Fund Since
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Dean A. Ramos, CFA
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Portfolio Manager
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March 2013
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The rest of this section remains the same.
The following portfolio manager is hereby added under the caption “Investment Manager” in the “More Information About the Fund – Fund Management and Compensation” section of
the prospectuses:
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Portfolio Manager
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Title
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Managed Fund Since
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Dean A. Ramos, CFA
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Portfolio Manager
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March 2013
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Dean A. Ramos, CFA, Co-manager. Service with the Fund since March 2013.
Associate Portfolio Manager of the Investment Manager. Associated with the Investment Manager as an investment professional since 2000.
Mr. Ramos began his investment career in 1992 and earned a B.S. and M.B.A. from the University of Minnesota.
The rest of this section
remains the same.
The following information is hereby added to, Table 17. Portfolio Managers, in the section entitled “Service
Providers – Investment Management Services” in the SAI for the above mentioned funds:
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Fund
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Portfolio Manager
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Other Accounts Managed (excluding the fund)
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Ownership
of Fund
Shares
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Potential
Conflicts
of Interest
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Structure of
Compensation
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Number and Type
of
account
(a)
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Approximate
Total Net Assets
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Performance Based
Accounts
(b)
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For funds with fiscal period ending February 28
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Columbia
Equity
Value
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Dean Ramos
(c)
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10 other accounts
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$1.78 million
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None
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None
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(2)
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(13)
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For funds with fiscal period ending
May 31
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Columbia
Active
Portfolios –
Diversified
Equity
Income
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Dean Ramos
(c)
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10 other accounts
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$
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1.78 million
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None
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None
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(2)
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(13)
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Columbia
Diversified
Equity
Income
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Dean Ramos
(c)
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10 other accounts
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$
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1.78 million
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None
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None
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(2)
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(13)
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Columbia
Dividend
Opportunity
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Dean Ramos
(c)
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10 other accounts
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$
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1.78 million
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None
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None
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(d)
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(2)
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(13)
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Columbia Mid Cap
Value
Opportunity
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Dean Ramos
(c)
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10 other accounts
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$
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1.78 million
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None
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None
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(2)
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(13)
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(a) RIC refers to a Registered Investment Company; PIV refers to a Pooled Investment Vehicle.
(b) Number of accounts for which the advisory fee paid is based in part or wholly on performance and the aggregate
net assets in those accounts.
(c) The portfolio manager began managing the fund after its fiscal year end;
reporting information is provided as of January 31, 2013.
(d) The portfolio manager holds investments in
notional shares of the fund in the range of $10,001-$50,000.
The rest of this section remains the same.
Shareholders should retain this supplement for future reference.
*Valid until next
update.
S-6400-56 A (3/13)
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