Statement of Additional Information (SAI) Supplement – April 17, 2013*

For the SAI dated March 1, 2013 for the following funds:

Columbia Core Bond ETF

Columbia Intermediate Municipal Bond ETF

Columbia Large Cap Growth ETF

Columbia Select Large Cap Growth ETF

Columbia Select Large Cap Value ETF

Effective immediately, the Trustee table in the “Fund Governance – Board of Trustees and Officers” section of the SAI is superseded and replaced with the following:

Board of Trustees and Officers

As a Delaware trust, the business and affairs of the Trust are managed by its officers under the oversight of its Board. The Board currently consists of fourteen Trustees. Under current Board policy, Trustees may serve until the next Board meeting after he or she reaches the mandatory retirement age established by the Board, or the fifteenth anniversary of the first Board meeting they attended as a member of the Board.

Kathleen Blatz, Pamela Carlson, Patricia Flynn, Stephen Lewis, Jr., Catherine James Paglia, Leroy Richie, Alison Taunton-Rigby and William Truscott were elected as Trustee by the shareholders of the Funds on May 20, 2011. Edward Boudreau, Jr., William Carmichael, William Hawkins, R. Glenn Hilliard, Minor Shaw and Anthony Santomero were elected as Trustees at a Special Meeting of Shareholders of the Funds on February 27, 2013 and formally took office in April 2013. The name, address, year of birth and number of funds each Trustee oversees in the Columbia Fund Family (which includes funds branded Columbia and Columbia Acorn), including the Funds, principal occupation and public directorships held during the past five years, and Board committee memberships for each Trustee is set forth below.

Independent Trustees

 

Name, address,
year of birth 		 

Position held

with funds and

length of service

 

Principal occupation

during past five years

 

Number of funds

in the Fund Family
overseen by

Board member

 

Other present or past

directorships/trusteeships

(within past 5 years)

  Committee
memberships
Kathleen Blatz 901 S. Marquette Ave. Minneapolis, MN 55402 1954   Board member since 1/06 for RiverSource Funds and since 6/11 for Nations Funds   Attorney; Chief Justice, Minnesota Supreme Court, 1998-2006   153   Director, BlueCross BlueShield of Minnesota since 2009   Board Governance, Contracts, Compliance, Investment Review
Edward J. Boudreau, Jr. 901 S. Marquette Ave.
Minneapolis, MN 55402
1944 		  Board member since 6/11 for RiverSource Funds and since 1/05 for Nations Funds   Managing Director, E.J. Boudreau & Associates (consulting) since 2000   151   Former Trustee, BofA Funds Series Trust (11 funds)   Audit, Executive, Compliance, Investment Review

Pamela G. Carlton 901 S. Marquette Ave. Minneapolis, MN 55402

1954

  Board member since 7/07 for RiverSource Funds and since 6/11 for Nations Funds   President, Springboard-Partners in Cross Cultural Leadership (consulting company) since 2003   153   None   Audit, Investment Review

Name, address,
year of birth 		 

Position held

with funds and

length of service

 

Principal occupation

during past five years

 

Number of funds

in the Fund Family
overseen by

Board member

 

Other present or past

directorships/trusteeships

(within past 5 years)

  Committee
memberships

William P. Carmichael

901 S. Marquette Ave.
Minneapolis, MN 55402

1943

  Board member since 6/11 for RiverSource Funds and since 1999 for Nations Funds   Retired   151   Director, Cobra Electronics Corporation (electronic equipment manufacturer); The Finish Line (athletic shoes and apparel) since July 2003; McMoRan Exploration Company (oil and gas exploration and development) since 2010; former Trustee, BofA Funds Series Trust (11 funds); former Director, Spectrum Brands, Inc. (consumer products); former Director, Simmons Company (bedding)   Audit, Board Governance, Executive, Investment Review

Patricia M. Flynn 901 S. Marquette Ave. Minneapolis, MN 55402

1950

  Board member since 11/04 for RiverSource Funds and since 6/11 for Nations Funds   Trustee Professor of Economics and Management, Bentley University since 1976   153   None   Audit, Compliance Investment Review

William A. Hawkins

901 S. Marquette Ave.
Minneapolis, MN 55402
1942

  Board member since 6/11 for RiverSource Funds and since 1/05 for Nations Funds   Managing Director, Overton Partners (financial consulting), since August 2010; President and Chief Executive Officer, California General Bank, N.A., January 2008-August 2010   151   Trustee, BofA Funds Series Trust (11 funds)   Audit, Compliance, Executive, Investment Review

R. Glenn Hilliard

901 S. Marquette Ave.
Minneapolis, MN 55402
1943

  Board member since 6/11 for RiverSource Funds and since 1/05 for Nations Funds   Chairman and Chief Executive Officer, Hilliard Group LLC (investing and consulting) since April 2003; Non-Executive Director & Chairman, CNO Financial Group, Inc. (insurance), September 2003-May 2011   151   Chairman, BofA Fund Series Trust (11 funds); former Director, CNO Financial Group, Inc. (insurance)   Board, Contracts, Governance, Investment Review

Name, address,
year of birth 		 

Position held

with funds and

length of service

 

Principal occupation

during past five years

 

Number of funds

in the Fund Family
overseen by

Board member

 

Other present
or past

directorships/
trusteeships

(within past 5 years)

  Committee
memberships

Stephen R. Lewis, Jr. 901 S. Marquette Ave.
Minneapolis, MN 55402

1939

  Chair of the Board for RiverSource Funds since 1/07, Board member for RiverSource Funds since 1/02 and since 6/11 for Nations Funds   President Emeritus and Professor of Economics Emeritus, Carleton College since 2002   153   Director, Valmont Industries, Inc. (manufacturer of irrigation systems) since 2002   Board Governance, Compliance, Contracts, Executive, Investment Review
Catherine James Paglia 901 S. Marquette Ave. Minneapolis, MN 55402 1952   Board member since 11/04 for RiverSource Funds and since 6/11 for Nations Funds   Director, Enterprise Asset Management, Inc. (private real estate and asset management company)   153   Director, Valmont Industries, Inc. (manufacturer of irrigation systems) since 2012   Board Governance, Contracts, Executive, Investment Review
Leroy C. Richie 901 S. Marquette Ave. Minneapolis, MN 55402 1941   Board member since 2000 for Legacy Seligman Funds, since 11/08 for RiverSource Funds and since 6/11 for Nations Funds   Counsel, Lewis & Munday, P.C. since 2004; Vice President and General Counsel, Automotive Legal Affairs, Chrysler Corporation, 1983-1997   153   Lead Outside Director, Digital Ally, Inc. (digital imaging) since September 2005; Director, Infinity, Inc. (oil and gas exploration and production) since 1994; Director, OGE Energy Corp. (energy and energy services) since November 2007   Contracts, Compliance, Investment Review

Minor M. Shaw

901 S. Marquette Ave.
Minneapolis, MN 55402
1947

  Board member since 6/11 for RiverSource Funds and since 2003 for Nations Funds   President, Micco LLC (private investments) since 2011; President, Micco Corp. since 1998   151   Director, Piedmont Natural Gas; Director, BlueCross BlueShield of South Carolina since April 2008; former Trustee, BofA Funds Series Trust (11 funds)   Contracts, Board Governance, Investment Review
Alison Taunton-Rigby 901 S. Marquette Ave. Minneapolis, MN 55402 1944  

Board member

since 11/02 for RiverSource Funds and since 6/11 for Nations Funds

  Chief Executive Officer and Director, RiboNovix, Inc. (biotechnology),
2003-2010 		  153   Director, Healthways, Inc. (health and well-being improvement) since 2005; Director, ICI Mutual Insurance Company, RRG since 2011; Director, Abt Associates (government contractor) since 2001; Director, Boston Children’s Hospital since 2002   Audit, Executive, Investment Review

Interested Trustee Not Affiliated with Investment Manager*

 

Name, address, year of birth  

Position held

with funds and

length of service

 

Principal occupation

during past five years

 

Number of funds

in the Fund Family
overseen by

Board member

 

Other present or past

directorships/trusteeships

(within past 5 years)

 

Committee

memberships

Anthony M. Santomero

901 S. Marquette Ave. Minneapolis, MN 55402

1946

  Board member since 6/11 for RiverSource Funds and since 1/08 for Nations Funds   Richard K. Mellon Professor Emeritus of Finance, The Wharton School, University of Pennsylvania, since 2002; Senior Advisor, McKinsey & Company (consulting), 2006-2008   151   Director, Renaissance Reinsurance Ltd. since May 2008; Trustee, Penn Mutual Life Insurance Company since March 2008; Director, Citigroup since 2009; Director, Citibank, N.A. since 2009; former Trustee, BofA Funds Series Trust (11 funds)   Compliance, Investment Review

 

  * Dr. Santomero is not an affiliated person of the investment manager or Ameriprise Financial. However, he is currently deemed by the funds to be an “interested person” (as defined in the 1940 Act) of the funds because he serves as a Director of Citigroup, Inc. and Citibank N.A., companies that may directly or through subsidiaries and affiliates engage from time-to-time in brokerage execution, principal transactions and lending relationships with the funds or accounts advised/managed by the investment manager.

Interested Trustee Affiliated with Investment Manager*

 

Name, address,
year of birth 		 

Position held

with funds and

length of service

 

Principal occupation

during past five years

 

Number of funds

in the Fund Family
overseen by

Board member

 

Other present or past

directorships/trusteeships

(within past 5 years)

 

Committee

memberships

William F. Truscott 53600 Ameriprise Financial Center Minneapolis, MN 55474 1960   Board member since 11/01 for RiverSource Funds and since 6/11 for Nations Funds; Senior Vice President since 2002 for RiverSource Funds and since 5/10 for Nations Funds   President, Columbia Management Investment Advisers, LLC since February 2012, (previously President, Chairman of the Board and Chief Investment Officer, 2001-April 2010); Chief Executive Officer, Global Asset Management, Ameriprise Financial, Inc. since September 2012 (previously Chief Executive Officer, U.S. Asset Management & President, Annuities, May 2010- September 2012 and President –U.S. Asset Management and Chief Investment Officer, 2005-April 2010); Chief Executive Officer, Columbia Management Investment Distributors, Inc. since February 2012, (previously Chairman of the Board and Chief Executive Officer, 2006-April 2010); Chairman of the Board and Chief Executive Officer, RiverSource Distributors, Inc. since 2006 President and Chief Executive Officer, Ameriprise Certificate Company, 2006-August 2012.   210   Chairman of the Board, Columbia Management Investment Advisers, LLC since May 2010; Director, Columbia Management Investment Distributors, Inc. since May 2010; Director, Ameriprise Certificate Company, 2006-January 2013   None
  * Interested person (as defined under the 1940 Act) by reason of being an officer, director, security holder and/or employee of the investment manager or Ameriprise Financial.

The rest of this section remains the same.

*Valid until next update

 

 

C-2001-2 A (4/13)