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About Variable Investment Trusts

Columbia Management Advisors, LLC. (Columbia) serves as the investment adviser to the Columbia Funds Variable Insurance Trust and to the Columbia Funds Variable Insurance Trust I. Columbia Wanger Asset Management serves as the investment adviser to the Wanger Advisors Trust.

Each trust is sold only through life insurance companies in connection with certain variable annuity contracts, variable annuity life policies, and eligible retirement plans. Each trust consists of separate mutual funds, each with its own investment goal and strategy.

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Series of Columbia Funds Variable Insurance Trust, Columbia Funds Variable Insurance Trust I and Wanger Advisors Trust (the “Variable Funds”) are available only through variable annuity contracts and variable life insurance policies issued by participating insurance companies or certain eligible retirement plans. The Variable Funds are not offered to the public. Not all Variable Funds and classes are available in all contracts, policies or plans. Please contact your financial advisor or insurance representative for more information.

Please carefully consider the investment objectives, risks, charges and expenses of any Variable Fund and its related variable contract before investing. For Variable Fund and variable contract prospectuses, which contain this and other important information, contact your financial advisor or insurance representative. Please read the prospectuses carefully before you invest.