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Columbia Management Hires Zach Pandl As Senior Interest Rate Strategist

Columbia Management today announced the appointment of Zach Pandl as Senior Interest Rate Strategist, a newly-created position at the firm. Mr. Pandl assumes the lead role on the Columbia Management Interest Rate Committee, responsible for formulating and articulating the firm’s view on interest rate policies of the U.S. and other G10 nations.

Prior to joining Columbia Management, Mr. Pandl was Senior Economist at Goldman Sachs, responsible for original research on the US economy and interest rates, generation of rate-related trade ideas for the market strategy team, and the development of proprietary analytical tools. Previously, he held positions as an economist at Nomura Securities and Lehman Brothers.

"Zach has an impressive background conducting and publishing primary research and creating sophisticated analytical tools," said Colin Lundgren, head of fixed income at Columbia Management. "His experience and skill set are a tremendous addition to our team."

Mr. Pandl earned a Masters of Economics degree from NYU. He will be based in Minneapolis.

About Columbia Management:Columbia Management is the eighth largest manager of long-term mutual fund assets with $331 billion under management as of June 30, 2012. Columbia Management is a subsidiary of Ameriprise Financial, Inc. (NYSE: AMP).

For more information please visit columbiamanagement.com.

Investors should consider the investment objectives, risks, charges and expenses of a mutual fund carefully before investing. For a free prospectus, which contains this and other important information about the funds, visit ColumbiaManagement.com . The prospectus should be read carefully before investing.

Investment products are not federally or FDIC-insured, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.

Columbia Funds and Columbia Acorn Funds are distributed by Columbia Management Investment Distributors, Inc., member FINRA. Columbia Funds are managed by Columbia Management Investment Advisers, LLC and Columbia Acorn Funds are managed by Columbia Wanger Asset Management, LLC, a subsidiary of Columbia Management Investment Advisers, LLC.

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