Supplement dated April
10, 2025
to the Prospectus and Summary Prospectus of the following
fund:
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Prospectus and Summary Prospectus Dated |
Columbia Funds Variable Series Trust II |
|
Columbia Variable Portfolio - Large Cap Growth Fund |
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Effective April 30, 2025, the following changes are hereby made to the Fund’s
Prospectus and Summary Prospectus.
The portfolio manager information under the heading “Fund Management” in the Summary Prospectus and in the “Summary of the Fund” section of the Prospectus is hereby superseded and replaced with the following:
The rest of the section remains the same.
The portfolio manager information under the heading “Primary Service
Provider Contracts - Portfolio Managers” in the “More Information About the Fund” section of the Prospectus is hereby superseded and replaced with the
following:
Ms. Wade joined one of the Columbia Management legacy firms or acquired business lines in 2010. Ms.
Wade began her investment career in 2008 and earned a B.A. in economics from Brown University.
Mr. Guttag joined the Investment Manager in 2021. Prior to joining the Investment Manager, Mr. Guttag was head of sector strategies
and data services at Renaissance Macro Research. Mr. Guttag began his investment career in 2010 and earned degrees in finance and American history from Syracuse University,
Martin J. Whitman School of Management.
The rest of the section remains the same.
Shareholders should retain this Supplement for future reference.