Coatue CTEK Fund

07/08/2026 | Press release | Distributed by Public on 07/08/2026 15:19

Supplemental Prospectus (Form 424B3)

Filed Pursuant to Rule 424(b)(3)
File No. 333-295472

COATUE INNOVATIVE STRATEGIES FUND

Class S Shares
Class D Shares
Class I Shares

Supplement dated July 8, 2026
to the Statement of Additional Information dated May 1, 2026, as revised

This supplement contains information that amends, supplements or modifies certain information contained in the Statement of Additional Information ("SAI") of Coatue Innovative Strategies Fund (the "Fund") dated May 1, 2026, as revised to date. This supplement is part of, and should be read in conjunction with, the SAI. The SAI has been filed with the U.S. Securities and Exchange Commission and is available free of charge at www.sec.gov or by calling 1-866-324-7348. Capitalized terms used in this supplement have the same meanings as in the SAI, unless otherwise stated herein.

At a meeting held on June 29, 2026, the Board of Trustees of the Fund approved Heather Shaffer to serve as Chief Compliance Officer of the Fund effective June 29, 2026 (the "Effective Date").

Accordingly, as of the Effective Date, the following replaces the table in the "Management of the Fund-Executive Officers" section of the SAI:

Name, Position(s) held with
Registrant, Year of Birth and
Address*
Length of
Time Served
Principal Occupation During
Past 5 Years
Philippe Laffont, Chief Executive Officer
     Birth Year: 1967
Since inception Founder and Portfolio Manager of Coatue
Nathan Urquhart, President and Principal Executive Officer
     Birth Year: 1978
Since inception President and Head of Investor Relations at Coatue (2022-present); Partner and Global Head of Investor Relations at Carlyle (2019-2022)
Eric Sacks, Chief Financial Officer
     Birth Year: 1977
Since inception Chief Financial Officer and Co-Chief Operating Officer at Coatue (2024-present); Chief Financial Officer and Co-Chief Operating Officer at Davidson Kempner Capital Management (2016-2024)
Heather Shaffer, Chief Compliance Officer
     Birth Year: 1980
Since June 2026 Senior Regulatory Counsel at Coatue (2026-present); Staff Attorney in the Division of Enforcement of the U.S. Securities & Exchange Commission (2019-2026)
Claire Jen, Secretary
     Birth Year: 1987
Since inception Deputy General Counsel at Coatue (2022-present); Assistant General Counsel at Rent the Runway (2018-2022)
* The address of each officer is care of the Secretary of the Fund at 9 West 57th Street, 25th Floor, New York, NY 10019.

Please retain this supplement with your SAI for future reference.

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