Objective
Fund Objective
Long-term capital growth
Investment Strategy
- Invests primarily in equity securities of companies around the world; may include some convertible securities
- Focuses on a company's earnings growth potential, financial strength and stability
- Considers the value of a stock relative to the issuer's worth and looks for near-term catalysts that could trigger an increase in the stock's price
- Assesses the issuer's financial soundness, earnings and cash flow forecast, and quality of management
- Applies macro-level themes and top-down diversification by industry and company type in an effort to lower risk
Investor Profile
This Fund may be suitable for investors who seek a diversified means to participate in the long-term growth potential of the global equity markets.
Investment Management Team
- Calamos Investments offers more than 20 years of experience managing international assets.
- The team benefits from the collective expertise of dozens of investment management professionals, as well as from state-of-the-art technology resources.
- Team leaders John P. Calamos, Sr. and Nick P. Calamos, contribute 37 and 24 years of investment industry experience, respectively.
Calamos Investments Approach to Growth
At Calamos Investments, we seek to create wealth by managing risk and return across market cycles. To do this, we maintain a perspective that is both long-term and forward-looking. Our investment discipline blends rigorous economic analysis and broad themes analysis with comprehensive company and security research.
Grasp the 'Big Picture'—We analyze the "big picture'—identifying global themes and trends that we believe will drive the global economy.
Level the Playing Field—We seek to level the playing field, using cash-based analysis to help reduce the discrepancies that may exist among accounting practices around the world.
Focus on Economic Freedoms—To manage risk and pursue growth, we favor countries that espouse free-market principles, provide transparency in accounting and regulation, and support private property rights.
Conduct Rigorous Company Research—We place a premium on quality fundamentals—high return on capital, good free cash flow, and attractive growth relative to similar companies.
Global Allocations Expand Growth Potential
| MSCI World Index Regional Allocation |
Although the global economy is increasingly synchronized, distinct growth trends create unique opportunities in different countries and regions. Through a global allocation, investors benefit from a larger opportunity set.
The MSCI World Index (a gauge of the world market) comprises U.S. and international companies.
Including non-U.S. securities in your portfolio significantly increases your investment universe.
Source: Calamos Investments. Data as of 12/31/07.
The MSCI World Index is a market capitalization weighted index composed of companies representative of the market structure of 21 developed market countries in North America, Europe, and the Asia/Pacific Region.