Balanced NY 529 Portfolio: Class A

* 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 advisor or its affiliates. Absent these waivers, or reimbursement arrangements, performance results may be lower. View a list of portfolios for which the investment advisor or its affiliates has agreed to reimburse or waive a portion of the fund expenses. Unless a specific end date is provided, the waiver or reimbursement may be revised or discontinued at any time.

Performance data quoted represents past performance, and current performance may be lower or higher. Past performance is no guarantee of future results. The investment return and principal value will fluctuate so that, when redeemed, units may be worth more or less than the original cost. Total returns assume the reinvestment of all underlying fund distributions at NAV and may reflect any voluntary waiver or reimbursement of fund expenses by the advisor or its affiliates. Absent these waivers or reimbursement arrangements, performance results may have been lower. Please visit www.columbiamanagement.com for daily and most recent month-end performance updates.  Portfolio unit value (PUV) returns do not include sales charges or contingent deferred sales charges (CDSC). If they were included, returns would have been lower.

Total returns including sales charges are calculated with the maximum initial sales charge of 5.75% for Class A units, except for Conservative NY, College NY, Current Income NY and Diversified Income NY 529 portfolios, which include the maximum initial sales charge of 4.75% for Class A units.  For Class B units, total returns including sales charges are shown with the applicable maximum contingent deferred sales charge (CDSC) for the holding period after an initial purchase as follows: through 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.  For Class C units, total returns including sales charges are shown with a 1% CDSC for the first year after purchase only.

Class Z shares are sold only at net asset value (NAV) with no 12b-1 fee. Class Z shares have limited eligibility and the investment minimum requirement may vary.  Only eligible investors may purchase Class Z shares of the fund, directly or by exchange. Please see the fund’s prospectus for eligibility and other details.

*Portfolio unit value (PUV) returns do not include sales charges or contingent deferred sales charges (CDSC). Public offering price (POP) returns include the maximum initial sales charge of 5.75% (equity portfolios) and 4.75% (fixed income portfolios) for Class A units. The CDSC returns for class B reflect the applicable contingent deferred sales charge for the holding period after purchase as follows: 5% through the first year, 4% through the second year, 3% through the third and fourth years, 2% through the fifth year, 1% through the sixth year, and 0% thereafter.