Liberty All-Star(R) Equity Fund January 2009 Monthly Update

Inc. Health Care 19.4% Avon Products, Inc. Consumer Discretionary 15.9% Barrick Gold Corp. Financials 14.0% Cardinal Health, Inc. Energy 9.5% Equitable Resources, Inc. Industrials 7.5% Intuit, Inc. Consumer Staples 7.1% Lam Research Corp. Utilities 2.4%...