Investment Ideas Home Page

Calamos on the Markets: CIO Conference Call Series Resumes

In our just-published Economic Update and Asset Allocation Considerations, July 2020, Calamos Founder, Chairman and Global Chief Investment Officer John P. Calamos, Sr. reaffirms our expectations for a return to global growth and improved corporate productivity and profitability.

“Even in these highly uncertain times,” John says, “we see many opportunities for investors across asset classes. Not all companies will enjoy a V-shaped recovery during this period of accelerated disruption, but we have already seen many innovative businesses adapting and flourishing as they meet the needs of a rapidly evolving global economy.

Starting next week and extending into September, we’ll be hosting calls with members of the Calamos Investment Management Team providing updates on their respective domains, including convertibles, liquid alternatives, U.S. and non-U.S. equities, and fixed income.

Join us for our team’s varied perspectives and to get your questions answered. Replays will be made available.

These calls are the third in a series. See this April post and this March post for links to earlier calls.

The Convertible Bond Market Review and Outlook Calamos Convertible Fund (CICVX)

Joe Wysocki, CFA, Senior Vice President, Co-Portfolio Manager
Replay of August 4 call: www.calamos.com/CIOconvertibles-8-4

Small Cap Growth Review and Outlook Calamos Timpani Small Cap Growth Fund (CTSIX)

Brandon M. Nelson, CFA, Senior Vice President, Senior Portfolio Manager
Replay of August 5 call: www.calamos.com/CIOsmallcap-8-5

The Calamos Perspective on Emerging Markets Calamos Evolving World Growth Fund (CNWIX)

Nick Niziolek, CFA, Co-CIO, Head of International and Global Strategies, Senior Co-Portfolio Manager
Replay of August 6 call: www.calamos.com/CIOglobalequity-8-6

Investment professionals, for more information about this series or any Calamos funds, contact your Calamos Investment Consultant at 888-571-2567 or caminfo@calamos.com.

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 1-800-582-6959. Read it carefully before investing.

Opinions are subject to change due to changes in the market, economic conditions or changes in the legal and/or regulatory environment and may not necessarily come to pass. This information is provided for informational purposes only and should not be considered tax, legal, or investment advice. References to specific securities, asset classes and financial markets are for illustrative purposes only and are not intended to be, and should not be interpreted as, recommendations.

Important Risk Information. An investment in the Fund(s) is subject to risks, and you could lose money on your investment in the Fund(s). There can be no assurance that the Fund(s) will achieve its investment objective. Your investment in the Fund(s) is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. The risks associated with an investment in the Fund(s) can increase during times of significant market volatility. The Fund(s) also has specific principal risks, which are described below. More detailed information regarding these risks can be found in the Fund's prospectus.

The principal risks of investing in the Calamos Convertible Fund include: convertible securities risk consisting of the potential for a decline in value during periods of rising interest rates and the risk of the borrower to miss payments, synthetic convertible instruments risk consisting of fluctuations inconsistent with a convertible security and the risk of components expiring worthless, foreign securities risk, equity securities risk, interest rate risk, credit risk, high yield risk, portfolio selection risk and liquidity risk. 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.

The principal risks of investing in the Calamos Timpani Small Cap Growth Fund include: equity securities risk consisting of market prices declining in general, growth stock risk consisting of potential increased volatility due to securities trading at higher multiples, and portfolio selection risk. The Fund invests in small capitalization companies, which are often more volatile and less liquid than investments in larger companies. 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.

The principal risks of investing in the Calamos Evolving World Growth Fund include: equity securities risk consisting of market prices declining in general, growth stock risk consisting of potential increased volatility due to securities trading at higher multiples, foreign securities risk, emerging markets risk, convertible securities risk consisting of the potential for a decline in value during periods of rising interest rates and the risk of the borrower to miss payments, and portfolio selection risk. 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.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

802097 0720