LSMAX : Columbia Disciplined Small Core Fund Class A

Fund Summary

The investment seeks long-term capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in stocks of companies that have market capitalizations, at the time of purchase, in the range of companies in the Russell 2000® Index. It generally invests in common stocks of companies believed to be undervalued. The fund may from time to time emphasize one or more sectors in selecting its investments, including the financial services sector. It may invest up to 20% of its total assets in foreign securities.