Performance data shown represents past performance and is not a guarantee of future results. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data shown.

Please consider the investment objectives, risks, charges and expenses carefully before investing. Contact your financial advisor or visit columbiafunds.com for a Program Description, which contains this and other important information about the Future Scholar 529 College Savings Plan. Read it carefully before investing. You should also consider, before investing, whether the investor's or designated beneficiary's home state offers any state tax or other benefits that are only available for investments in such state's qualified tuition program.

Expense ratios are as of the plan's most recent Program Brochure & Tuition Savings Agreement. Performance may reflect waivers or reimbursements of fund expenses by the adviser or its affiliates. Absent these waivers, or reimbursement arrangements, performance results may be lower. Please see the Program Brochure and Tuition Savings Agreements for more information. Voluntary waivers/reimbursement arrangements, if any, may be discontinued at any time.

Total returns assume the reinvestment of all underlying fund distributions at NAV. Portfolio unit value (PUV) returns do not include sales charges or contingent deferred sales charges (CDSCs). If they were included, returns would have been lower.

Class A: Public offering price (POP) returns are calculated with the effect of the maximum initial sales charge of 3.5% for Aggressive Growth, Growth, Moderate Growth, Moderate and Moderately Conservative allocation portfolios and all single fund equity portfolios, 2.75% for Conservative Portfolio and all single fund fixed income portfolios except 1.00% for College and Short Term Bond portfolios and no sales charge for the Legacy Capital Preservation and Bank Deposit Portfolios.

Class B: Public offering price (POP) returns are calculated with the effect of the applicable CDSC for the holding period after an initial purchase as follows: through the first year, 5%; second year, 4%; third year, 3%; fourth year, 3%; fifth year, 2%; sixth year, 1% and thereafter, 0%. These shares convert to Class A units in the eighth year after purchase.

Class C: Public offering price (POP) returns are calculated with the effect of a 1% CDSC for the first year after purchase only for the Aggressive Growth, Growth, Moderate Growth, Moderate and Moderately Conservative allocation portfolios and all single fund equity portfolios and .75% for the Conservative and College allocation portfolios, all single fund fixed income portfolios and the Legacy Capital Preservation and Bank Deposit Portfolios.

Class E: Units are sold only at portfolio unit value (PUV) with no 12b-1 fee. Only eligible investors may purchase these units. See the program description for eligibility requirements and other important information.

Class Z: Units are sold only at portfolio unit value (PUV) with no 12b-1 fee. Only eligible investors may purchase these units. See the program description for eligibility requirements and other important information.

It is not possible to invest directly in an index. For index descriptions, click here.

Columbia Management Investment Distributors, Inc., member FINRA, is the distributor and underwriter for 529 plans available through Columbia Management. The Office of State Treasurer of South Carolina (the State Treasurer) administers the Program and has selected Columbia Management Investment Advisers, LLC and Columbia Management Investment Distributors, Inc. (Columbia Management) as Program Manager. Columbia Management and its affiliates are responsible for providing certain administrative, recordkeeping and investment services, and for the marketing of the Program. Columbia Management is not affiliated with the State Treasurer.

Investments made in the Future Scholar 529 College Plan:

The Advisor Plan is sold exclusively through financial advisors, while the Direct Plan is sold directly by the Program. Participation in the Direct Plan is limited to a select group of investors, as described in the Program Description. The Direct Plan offers a more limited selection of investment choices than the Advisor Plan, and the fees and expenses are lower. Please refer to the Program Description for more information.