Colonial Utilities Fund (Fund)
(a) Not applicable
(b) Not applicable
(c) Not applicable
(d) Not applicable
(e) Not applicable
(f) Not applicable
(g) Pursuant to the Board of Trustees' approval, Colonial Utilities Fund has
changed it's investment strategy. The Fund has changed from investing up to 80%
of its assets in the securities of U.S. utilities companies with the remaining
20% of the Fund's assets invested in non-utilities related companies, to the
Fund investing at least 65% of its assets in securities of utilities companies
and up to 35% of the Fund's assets may be invested in equity
securities of non-utilities related companies. In addition the Fund may
invest up to 20% of its assets in foreign utilities company securities.
