Drawing on the experience of a portfolio management team responsible for developing one of the first sustainable research platforms in the 1990s and for helping set industry standards for ESG-focused portfolios, Calamos Global Sustainable Equities Fund (CGSIX) began trading Friday. The fund is available in A, C, I and R6 shares.
Co-Portfolio Managers Tony Tursich, CFA, and Jim Madden, CFA, will lead CGSIX in its pursuit of high quality growth companies with strong environmental, social and governance (ESG) characteristics. The fund employs an integrated, fundamental and proprietary screening process and can invest in developed and developing economies across the market capitalization spectrum.
“We believe companies with strong ESG characteristics are better equipped to adapt to change, to evolve, and to avoid unnecessary liabilities contributing to investor return potential and risk reduction—integrating ESG analysis with traditional financial analysis produces better financial and societal results,” the team says. The intended result: a well diversified portfolio of high quality stocks that can produce above-average market returns with lower volatility over the long term.
This recent Q&A provides more on Tursich and Madden’s backstory (including their trailblazing work doing business as Portfolio 21), the concurrent evolution of ESG as an investment discipline, and how they've come to join forces with Calamos.
In making the announcement, Calamos President and Chief Executive Officer John Koudounis said, “Our launch of this fund is consistent with our growth strategy of providing clients with high-quality, specialized investment solutions. With so many newcomers jumping into this growing category, we’re pleased to offer a product led by a team with such deep experience and proven capabilities within the ESG space.”
Founder, Chairman and Global Chief Investment Officer, John P. Calamos, Sr. said, “Tony and Jim’s approach to sustainable investing aligns well with our firm’s active, growth orientation focusing on company fundamentals and risk management. Their experience enables them to look below the surface to identify companies that clear a high bar for both sustainability and growth potential.”
Earlier in the month, the team released its list of 5 sustainable companies to watch in 2022. Also, see its recent whitepapers: The Investment Case for Corporate Diversity and ESG Investing in China: The Calamos Sustainable Equity Team Approach, among other resources on our Investing in Sustainability landing page.
The team also manages US, international and global sustainable equities strategies, whose composite track records were acquired by Calamos.
Investment professionals for more information about CGSIX or our Sustainable Equities capability, please reach out to your Calamos Investment Consultant at 888-571-2567 or firstname.lastname@example.org.
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.
The principal risks of investing in the Calamos Global Sustainable Equities 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, value stock risk, foreign securities risk, forward foreign currency contract risk, emerging markets risk, small and mid-sized company risk and portfolio selection risk.