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‘Tis the Season: Your Guide to Navigating This Fall’s Market Volatility

September 23, 2016

Whether you’re looking at recent history or long-term historical patterns, there’s no escaping the possibility that we may be heading into the most volatile time of the year.

September has been the most volatile month for the stock market (Standard & Poor’s 500) over the last 26 years, as tracked by the CBOE Volatility Index (VIX). However, in 2015, high volatility in September foreshadowed even higher volatility in October. And, this year, uncertainty associated with the presidential election has the potential to shake markets further (see related post).

Seasonality of VolatilityShort-term market swings pose a challenge to the individual investor, and even it’s been known to stymie even professional investors.

But managing volatility is Calamos’ specialty. Just in time for the likely pickup in volatility, we’ve updated our Volatility Opportunity Guide. Financial advisors, download the 44-page guide to read:

  • Familiar and not-so-familiar analyses of the impact that volatility can have on markets and investments. Included is a comparison between how individual investors reacted to a surprise event and the market’s reaction to it (the June 2016 Brexit) versus how our money managers moved to benefit from the volatility.
  • Our ideas on how lower-volatility strategies can simultaneously manage risk and pursue growth, while keeping your clients invested.
  • And, peppered throughout, perspectives from Calamos associates—members of our portfolio management and distribution teams—on how volatility brings out the best in us.

Wait out the volatility? That’s not what we do, and this guide explains why.

    Before investing, carefully consider the fund’s investment objectives, risks, charges and expenses. Please see the prospectus and summary prospectus containing this and other information which can be obtained by calling 1-866-363-9219. Read it carefully before investing.

    The opinions referenced are as of the date of publication and are subject to change due to changes in the market or economic conditions and may not necessarily come to pass. Information contained herein is for informational purposes only and should not be considered investment advice.

    As a result of political or economic instability in foreign countries, there can be special risks associated with investing in foreign securities, including fluctuations in currency exchange rates, increased price volatility and difficulty obtaining information. In addition, emerging markets may present additional risk due to potential for greater economic and political instability in less developed countries.

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    Archived material may contain dated performance, risk and other information. Current performance may be lower or higher than the performance quoted in the archived material. For the most recent month-end performance information, please CLICK HERE. Archived material may contain dated opinions and estimates based on our judgment and are subject to change without notice, as are statements of financial market trends, which are based on current market conditions at the time of publishing. We believed the information provided here was reliable, but do not warrant its accuracy or completeness. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The views and strategies described may not be suitable for all investors. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, accounting, legal or tax advice. References to future returns are not promises or even estimates of actual returns a client portfolio may achieve. Any forecasts contained herein are for illustrative purposes only and are not to be relied upon as advice or interpreted as a recommendation.

    Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be lower or higher than the performance quoted. The principal value and return of an investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. Performance reflected at NAV does not include the Fund’s maximum front-end sales load. Had it been included, the Fund’s return would have been lower. For the most recent month-end fund performance information visit www.calamos.com.

    Archived material may contain dated performance, risk and other information. Current performance may be lower or higher than the performance quoted in the archived material. For the most recent month-end fund performance information visit www.calamos.com. Archived material may contain dated opinions and estimates based on our judgment and are subject to change without notice, as are statements of financial market trends, which are based on current market conditions at the time of publishing. We believed the information provided here was reliable, but do not warrant its accuracy or completeness. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The views and strategies described may not be suitable for all investors. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, accounting, legal or tax advice. References to future returns are not promises or even estimates of actual returns a client portfolio may achieve. Any forecasts contained herein are for illustrative purposes only and are not to be relied upon as advice or interpreted as a recommendation.

    Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be lower or higher than the performance quoted. The principal value and return of an investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. Performance reflected at NAV does not include the Fund’s maximum front-end sales load. Had it been included, the Fund’s return would have been lower.

    Archived on September 23, 2017