Seligman Communications and Information Fund

A Fund You Can Trust
Seligman Communications and Information Fund
  • One of the oldest and largest tech-centric mutual funds.
  • Broad diversification among technology industries.
  • Stock selection driven by prudent bottom-up fundamental analysis, not momentum.

A Large and Experienced Team
  • 15 dedicated investment specialists - one of the largest dedicated teams in the industry.
  • More than 190 years of combined industry experience.
  • More than $6 billion in technology assets under management as of June 30, 2008.
  • Paul Wick, leader of the Group, has been the portfolio manager of Seligman Communications and Information Fund since 1990.
  • Established presence in Silicon Valley.

A History of Out-Performance
Seligman Communications and Information Fund Has Outperformed the Lipper Science & Technology Funds Average Over One-, Three-, Five-, 10-, and 20-Year Periods ended 6/30/08.

IMPORTANT PERFORMANCE INFORMATION

Performance data quoted herein represents past performance. Past performance does not guarantee or indicate future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data quoted. Total returns of the Fund as of the most recent month-end will be made available at www.seligman.com by the seventh business day following that month-end.

Return figures reflect any change in price per share, and assume the reinvestment of dividends and capital gain distributions, if any. Average Annual Total Return figures for Class A shares are calculated without and with the effect of the initial maximum sales charge. The average annual total returns (with sales charges) for all periods presented for Class A shares reflect the maximum initial sales charge of 5.75% that went into effect January 7, 2008. Effective June 4, 2007, there is no initial sales charge on purchases of Class C shares. The chart and tables do not reflect the performance of Class B, C, or R shares, which would differ due to different sales charges, fees and expenses. Return information on Class B, C, and R shares is available at www.seligman.com. Return figures for the Lipper Science & Technology Funds Average do not include the effect of sales charges, fees, or taxes, and assume the reinvestment of any distributions. The Lipper Science & Technology Funds Average is an average of mutual funds investing at least 65% of assets in technology stocks. Individual investors cannot invest directly in an unmanaged average.

An investment in Seligman Communications and Information Fund and Seligman Global Technology Fund involve risks, including the possible loss of principal. The products of technology companies may be subject to severe competition and rapid obsolescence. In addition, investments in one sector, such as technology, may result in greater price fluctuations than owning a portfolio of diversified investments. The Fund is actively managed and its holdings are subject to change. Diversification does not assure a profit or protect against loss in a declining market.

There are specific risks associated with global investing, such as currency fluctuations, foreign taxation, differences in financial reporting practices, and rapid changes in political and economic conditions. Because of the special risks involved with investing in securities of emerging market companies, an investment in Seligman Global Technology Fund should be considered speculative and not appropriate for individuals who require safety of principal or stable income from their investments. Diversification does not assure a profit or protect against loss in a declining market.

The views and opinions expressed are those of the Seligman Technology Group, are provided for general information only, and do not constitute specific tax, legal, or investment advice to, or recommendations for, any person. There can be no guarantee as to the accuracy of market forecasts. Opinions, estimates, and forecasts may be changed without notice.

This information is authorized for use only in the case of concurrent or prior delivery of the offering prospectus of the Fund. You should consider the investment objectives, risks, charges, and expenses of a Fund carefully before investing. A prospectus containing information about a Fund (including its investment objectives, risks, charges, expenses, and other information about the Fund) may be obtained here. The prospectus should be read carefully before investing in a Fund.

Effective November 7, 2008, J. & W. Seligman Co. Incorporated ("Seligman") was acquired by and became a wholly-owned subsidiary of RiverSource Investments, LLC, which is a subsidiary of Ameriprise Financial, Inc. As a result of the acquisition, Seligman's investment advisory contracts were transferred to RiverSource Investments and Seligman Advisors, Inc., a subsidiary of Seligman, was added as a principal underwiter and distributor of the RiverSource mutual funds.

Seligman mutual funds are distributed by Seligman Advisors, Inc., member FINRA, and managed by RiverSource Investments, LLC. Seligman Services, Inc. provides services to fund shareholders. Seligman Advisors, Inc. and Seligman Services, Inc. are wholly-owned subsidiaries of RiverSource Investments, LLC. These companies are part of Ameriprise Financial, Inc.