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  • Future Scholar Growth Portfolio

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  • PUV
    $ 20.85
    as of 04/17/14
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  • Daily $ Change / % Change
    positive change 0.02 (+0.10 %)

Portfolio Strategy

This Portfolio seeks long-term growth of capital through substantial exposure to a variety of equity market segments with limited exposure to fixed-income investments


Total Return Performance (%) as of 03/31/14

 
Cumulative
Average Annual
  1 Mo 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception
PUV (Portfolio Unit Value) 0.48 1.65 1.65 15.83 10.41 18.39 6.86 6.31
Gross expense ratio: 0.15 % | Net expense ratio: -

Total Return Performance (%) as of 03/31/14

 
Cumulative
Average Annual
  1 Mo 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception
PUV (Portfolio Unit Value) 0.48 1.65 1.65 15.83 10.41 18.39 6.86 6.31
Gross expense ratio: 0.15 % | Net expense ratio: -

Underlying Funds

Columbia Large Cap Index Fund
Columbia Mid Cap Index Fund
Columbia Small Cap Index Fund
Vanguard Total Bond Market II Index Fund
Vanguard Short-Term Bond Index Fund
iShares TIPS Bond ETF
Vanguard Developed Markets Index Fund

To obtain more information on these Vanguard funds, please contact The Vanguard Group at 877-662-7447.

To obtain more information on this underlying fund, please contact The Vanguard Group at 877-662-7447.

To obtain more information about these iShares funds, please contact iShares at 800-474-2737.

For detailed information on the strategies of these underlying funds, please read the Program Description.

Portfolio Highlights as of 04/17/14

Inception Date 03/11/02
Initial Investment $0
Subsequent Investment $0
CUSIP 36115W204

Risk of Underlying Fund(s)

  • An investment in this portfolio may offer the potential for long-term growth, but there is a risk of losing money when investing in securities. For detailed information on the risks associated with this portfolio, please read the Program Description.

  • Program Description, See 'Investment Risks of Underlying Funds'

    Future Scholar Direct Program Description pdf

Total Return Performance (%) as of 03/31/14

 
Cumulative
Average Annual
  1 Mo 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception
PUV (Portfolio Unit Value) 0.48 1.65 1.65 15.83 10.41 18.39 6.86 6.31
Gross expense ratio: 0.15 % | Net expense ratio: -

Total Return Performance (%) as of 03/31/14

 
Cumulative
Average Annual
  1 Mo 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception
PUV (Portfolio Unit Value) 0.48 1.65 1.65 15.83 10.41 18.39 6.86 6.31
Gross expense ratio: 0.15 % | Net expense ratio: -

YTD Performance (%) as of 04/17/14

  Direct Shares
PUV (Portfolio Unit Value) 1.26

Calendar Year Returns (%) as of 03/31/14

  YTD Cumulative 2013 2012 2011 2010 2009
Future Scholar Growth Portfolio Shares 1.65 22.56 15.15 -0.95 15.71 27.56
Growth Blended Benchmark 23.95 15.20 -0.63 15.81 27.56

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.

Pricing Alternative A: Public offering price (POP) returns are calculated with the effect of the maximum initial sales charge of 3.50% for Class A units, except for the following: The Conservative 529, FA Strategic Income 529, Columbia Income Opportunities 529, Columbia Intermediate Bond 529, JPMorgan Core Bond 529, iShares TIPS Bond ETF 529, Templeton Global Bond 529 and Columbia U.S. Government Mortgage 529 Portfolios have a maximum initial sales charge of 2.75%; the College 529 and Short Term Bond 529 Portfolios have a maximum initial sales charge of 1.00%. The Legacy Capital Preservation and Columbia Bank Deposit Portfolios have no sales charges for Pricing Alternative A, but the Legacy Capital Preservation Portfolio has a contingent deferred sales charge (CDSC) for Pricing Alternative C.

Pricing Alternative 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 Pricing Alternative A units in the eighth year after purchase. Effective December 1, 2010, Class B of each portfolio was closed to both new accounts and additional contributions to existing accounts.

Pricing Alternative C: Public offering price (POP) returns are calculated with the effect of a 1% CDSC for the first year after purchase except for the Conservative 529 and College 529 Portfolios as well as the single-fund fixed-income portfolios and the Legacy Capital Preservation 529 Portfolio, which have a 0.75% CDSC.

Pricing Alternative 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.

Pricing Alternative 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.

Contributions initially invested directly into the Columbia Bank Deposit 529 Portfolio are not subject to the imposition of an initial or deferred sales charge under any Pricing Alternative.

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:
Not FDIC Insured

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.