Institutional Strategies Main

GLOBAL GROWTH

Strategy Objective

A global all-cap growth equity strategy that invests in the common stocks of global growth companies and seeks to outperform the MSCI ACWI Growth Index over a full market cycle.

Key Differentiators
  • In-depth capital structure analysis
  • Rigorous top-down and fundamental research
  • High active share, high relative growth focus
  • Team approach to management

Strategy Details




As of 30/9/17
Inception Date:
01/04/2007
Strategy Assets*:
$193.2 M
Benchmark:
MSCI ACWI Growth

Resources

* Strategy Assets reflect all assets that are currently being managed (collectively) under the Calamos Global Growth Strategy.

Sector Weightings

AS OF 30/9/17
% of Assets MSCI ACWI Growth Under/Overweight %
Information Technology 33.4% 26.7%
Financials 14.7 7.1
Industrials 13.1 13.6
Consumer Discretionary 10.5 17.0
Health Care 10.0 12.1
Consumer Staples 9.0 11.0
Materials 4.6 5.1
Energy 3.4 2.9
Real Estate 0.8 2.5
Telecom Services 0.5 1.4
 

Representative Portfolio Ten Largest Holdings

AS OF 30/9/17
Company Country Sector %
Apple, Inc. United States Information Technology 3.6
Alibaba Group Holding, Ltd. China Information Technology 3.3
Tencent Holdings, Ltd. China Information Technology 3.1
Alphabet, Inc. - Class A United States Information Technology 2.9
Facebook, Inc. - Class A United States Information Technology 2.5
Treasury Wine Estates, Ltd. Australia Consumer Staples 2.2
Taiwan Semiconductor Mfg Co. Taiwan Information Technology 2.2
Fanuc Corp. Japan Industrials 2.1
Komatsu, Ltd. Japan Industrials 1.9
Nestlé, Sa Switzerland Consumer Staples 1.9

Characteristics

AS OF 30/9/17
  Calamos Portfolio MSCI ACWI Growth
Assets in Strategy $193.2 million N/A
# of Holdings 93 1,424
Portfolio Turnover % (12-Month) 81.4% N/A
Median Market Cap ($bil) $50.5 $10.4
Weighted Average Market Cap ($bil) $156.8 $138.1
ROIC % 20.9% 19.2%
Debt/Capital % 29.6% 38.5%
PEG Ratio (1 year forward) 1.5x 1.9x

Composite Summary

AS OF 30/9/17
Period Ending Composite Assets (in Millions) Total Assets (in Millions) % Of Total Assets Managed # Of Clients Average Acct. Size (in Millions)
12/31/2015 230 21,908 1.1% 2 115
12/31/2014 331 23,506 1.4% 3 110
12/31/2013 425 26,543 1.6% 3 142
12/31/2012 632 30,580 2.1% 3 211
12/31/2011 186 32,777 0.6% 2 93
12/31/2010 177 35,414 0.5% 3 59
12/31/2009 109 32,144 0.3% 4 27
12/31/2008 36 23,522 0.2% 2 18
12/31/2007 107 46,208 0.2% 1 107

44605C

Annualized Total Returns

AS OF 30/9/17
1-Year3-Year5-Year10-YearSince Inception (4/07)
Global Growth (Gross)22.01%10.87%10.51%7.67%9.10%
Global Growth (Net)20.75%9.69%9.31%6.52%7.94%
MSCI ACWI Growth19.52%9.58%11.56%5.36%6.37%

Calendar Year Returns

AS OF 30/9/17
                           Qtr Ending Sep 17YTD 201720162015201420132012201120102009200804/01/2007 to 12/31/2007
Global Growth (Gross)8.87%27.04%0.65%6.04%1.87%20.97%14.35%-0.78%26.62%57.32%-45.03%20.41%
Global Growth (Net)8.60%26.08%-0.47%4.90%0.77%19.61%12.98%-1.75%25.49%55.89%-45.75%19.49%
MSCI ACWI Growth5.84%22.31%3.64%1.91%5.82%23.62%17.17%-7.04%15.49%38.10%-42.71%13.82%



44605B

Risk/Reward Since Inception

AS OF 30/9/17
  Calamos Global Growth Composite MSCI ACWI Growth
Alpha 2.47% N/A
Beta 1.04 1.00
Standard Deviation 18.02% 16.68%
Upside Semivariance 15.61% 11.68%
Downside Semivariance 11.99% 11.71%
Sharpe Ratio 0.4710 0.3451
Information Ratio 0.5759 N/A

Since Inception Up/Down Capture Vs. MSCI ACWI Growth

AS OF 30/9/17 Upside = 111.48
Downside = 98.84

44605B

Strategy Vehicles

Separately Managed Accounts Minimum: $25 million
Commingled Pool $5 million
Available for both qualified and non-qualified plans.
UCITS (Available in A, I, X Share Clases $1 million

34605E

Global Growth Institutional Strategy Fact Sheet
Fact Sheet The Global Growth Strategy fact sheet provides a snap shot of the investment team, the investment strategy, performance, composition, ratings and returns.
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Performance Review A discussion of the Calamos Global Growth Strategy’s performance versus a benchmark, positioning, related market commentary, and outlook.
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Finding Growth Opportunities Around the World A discussion of the Calamos Global Growth strategy which has historically provided a focus on high-quality growth companies; diversification across sectors and global markets; and strong excess returns versus the MSCI ACWI Growth Index.
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