Are You Ready for a Change? Diversify
If your clients have been underexposed, if you’re looking to put cash back to work, if you believe US equities may see tougher times ahead, we invite you to diversify using our Global suite.
Alternative: Market Neutral
CMNIX
Market Neutral Income Fund
5 Stars
Among 96 Market Neutral funds. The Fund's load-waived Class I Shares had 4 stars for 3 years, 4 stars for 5 years and 5 stars for 10 years out of 96, 80 and 20 Market Neutral Funds, respectively, for the period ended 7/31/2020.
Core market strategies include covered call writing and convertible arbitrage. Together, these strategies are intended to provide the fund with an enhanced potential for risk-managed returns due to their differing responses to volatility.
Alternative: Options-based
CIHEX
Hedged Equity Fund
5 Stars
Among 114 Options-based funds. The Fund's load-waived Class I Shares had 5 stars for 3 years and 5 stars for 5 years out of 114 and 71 Options-based Funds, respectively, for the period ended 7/31/2020.
Aims to achieve the total return of equity markets with lower volatility. It utilizes a covered call strategy, which invests in a diversified portfolio of equities while using options to generate income and manage risk.
U.S. EQUITY: U.S. EQUITIES AND CONVERTIBLES
CGIIX
Growth and Income Fund
5 Stars
Among 308 Allocation--70% to 85% Equity funds. The Fund's load-waived Class I Shares had 5 stars for 3 years, 5 stars for 5 years and 5 stars for 10 years out of 308, 281 and 193 Allocation--70% to 85% Equity Funds, respectively, for the period ended 7/31/2020.
The fund invests primarily in U.S. equity and convertible securities in an attempt to balance risk/reward while providing growth and income.
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Especially appropriate for #retirement platforms: $CIGIX’s true #international growth approach offered style discipline, performance, an R6 share class—and historically high @fi360 score. bit.ly/3fKZbG0
On the Blogs
Investment Ideas
With CICVX There’s No Need to Make a Market Call
August 13, 2020
The Calamos Convertible Fund team’s continuous focus on balancing risk and reward is designed to mitigate the downside—including establishing floors in the event of unforeseen pullbacks—while pursuing the potential for upside capture by remaining exposed to positive trends and well-executing companies.
Investment Team Voices
Rising U.S.-China Tensions Reshape—Not Erase—Investment Opportunities
August 7, 2020
As U.S.-China relations hit another rough patch, Co-CIO Nick Niziolek explains why the case for allocating to emerging markets remains intact. He discusses the opportunities our global team is identifying during a period of accelerated disruption.
Featured Newsletters
Newsletter
Calamos Alternative Snapshot
August 10, 2020
Elevated Asset Class Correlations Incentivize the Search for Alternative Risk Management
All About Convertible Securities
Our Convertible Securities: Structures, Valuation, Market Environment and Asset Allocation guide is a resource on how convertible bonds work. It’s written by Calamos Founder, Chairman and Global Chief Investment Officer John P. Calamos, Sr.
The Morningstar Market Neutral Category represents funds that attempt to eliminate the risks of the market by holding 50% of assets in long positions in stocks and 50% of assets in short positions.
Morningstar Options-Based Category represents funds that generate a significant portion of their returns from the collection of premiums on options contracts sold.
Morningstar Allocation—70% to 85% Equity funds seek to provide both income and capital appreciation by investing in multiple asset classes, including stocks, bonds and cash. These portfolios are dominated by domestic holdings and have equity exposures between 70% and 85%.