Colonial International Horizons Fund
Item 77D Policies with respect to security investments
Pursuant to the Board of Trustees' approval, the Fund has changed its investment
goals and investment strategy. The Fund changed its investment goals from
seeking preservation of capital purchasing power and long-term growth to seeking
long-term growth.
The Fund changed its investment strategy from investing at least 65% of its
total assets in the equity securities of inflation sensitive companies located
outside of the United States to investing in at least 65% of its total assets in
the equity securities of growth companies located outside of the United States.
In selecting stocks for the Fund, the advisor will choose stocks of growth
companies with long-term, above average growth potential. These companies will
be found in market segments that are driving economic growth. Stock selection
will target companies with proven management, predictable growth rates and low
levels of debt.