Columbia Adaptive Risk Allocation Fund 

The fund seeks to generate stable returns relative to the risk taken by strategically distributing its portfolio's risk exposure across a diverse array of asset types in both U.S. and global markets. Its investment approach allows for direct holdings in various securities and financial instruments, or indirect exposure through investments in other pooled vehicles like mutual funds, real estate investment trusts (REITs), closed-end funds, and exchange-traded funds (ETFs) – specifically including leveraged and inverse ETFs. These underlying funds may be managed by external parties or by the Investment Manager and its affiliated companies.