Strategy Objective

A global all-cap growth equity strategy that invests in the common stocks of global growth companies and seeks to outperform the MSCI ACWI Index over a full market cycle.

Key Differentiators

  • In-depth capital structure analysis
  • Rigorous top-down and fundamental research
  • High active share, high relative growth focus
  • Team approach to management

Strategy Details

As of 12/31/22
Inception Date: 4/01/07
Strategy Assets*: $129.5 M
Benchmark: MSCI ACWI Index

*Strategy Assets reflect all assets that are currently being managed (collectively) under the strategy, which may contain multiple performance composites.

Portfolio

Sector Weightings

As of 12/31/22
Sector % of Assets MSCI ACWI Index Under/Overweight %
Information Technology 24.6% 20.0%
Industrials 14.6% 10.2%
Health Care 14.6% 13.4%
Financials 14.5% 15.2%
Consumer Discretionary 13.7% 10.4%
Energy 8.7% 5.6%
Communication Services 4.0% 6.8%
Consumer Staples 3.1% 7.7%
Materials 2.2% 5.0%
Utilities 0.0% 3.2%
Real Estate 0.0% 2.6%
Other 0.0% 0.0%

Representative Portfolio Ten Largest Holdings

As of 12/31/22
Company Country Sector %
ASML Holding, NV Netherlands Information Technology 3.7
Novo Nordisk, A/S Denmark Health Care 3.4
Eli Lilly & Company United States Health Care 3.1
Quanta Services, Inc. United States Industrials 2.9
Apple, Inc. United States Information Technology 2.9
Microsoft Corp. United States Information Technology 2.7
AIA Group, Ltd. Hong Kong Financials 2.7
Chevron Corp. United States Energy 2.6
Amazon.com, Inc. United States Consumer Discretionary 2.5
LVMH Moet Hennessy Louis Vuitton France Consumer Discretionary 2.0

Characteristics

As of 12/31/22
Name Calamos Portfolio MSCI ACWI Index
Number of Holdings 78 2,879
Portfolio Turnover (12 months) 98.0% N/A
Median Market Cap $63.2 B $10.9 B
Weighted Avg. Market Cap $282.7 B $273.2 B
ROIC 23.4% 20.1%
Debt/Capital 40.3% 41.8%
PEG Ratio 1.7x 1.9x

Performance

Annualized Total Returns

As of 12/31/22
Name 1-Year 3-Year 5-Year 10-Year Since Inception (4/07)
Global Growth (Gross) -26.62% 8.14% 7.25% 9.79% 8.84%
Global Growth (Net) -27.44% 7.03% 6.15% 8.63% 7.70%
MSCI ACWI Index -17.96% 4.49% 5.75% 8.54% 5.73%

Calendar Year Returns

As of 12/31/22
Name Qtr ending Dec 22 2022 2021 2020 2019 2018 2017 2016 2015 2014
Global Growth (Gross) 7.67% -26.62% 18.06% 45.98% 30.88% -14.26% 36.27% 0.65% 6.04% 1.87%
Global Growth (Net) 7.38% -27.44% 16.85% 44.60% 29.55% -15.16% 34.90% -0.47% 4.90% 0.77%
MSCI ACWI Index 9.88% -17.96% 19.04% 16.82% 27.30% -8.93% 24.62% 8.48% -1.84% 4.71%

Past performance does not guarantee or indicate future results. Portfolios are managed according to their respective strategies which may differ significantly in terms of security holdings, industry weightings, and asset allocation from those of the benchmark(s). Portfolio performance, characteristics and volatility may differ from the benchmark(s) shown.

Returns presented reflect the Calamos Global Growth Composite which is an actively managed composite primarily investing in a globally-diversified portfolio of equity securities. The Composite was created March 22, 2007 calculated with an inception date of April 1, 2007 and includes all fully discretionary accounts, including those no longer with the Firm.

Unmanaged index returns, unlike fund returns, do not reflect fees, expenses or sales charges. Investors cannot invest directly in an index.

The MSCI ACWI Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets and emerging markets.

Fees include the investment advisory fee charge by Calamos Advisors LLC. Returns greater than 12 months are annualized. Chart Data Sources: Calamos Advisors LLC.

Average annual total return measures net investment income and capital gain or loss from portfolio investments as an annualized average. All performance shown assumes reinvestment of dividends and capital gains distributions.

Risk/Reward

Risk/Reward Since Inception

As of 12/31/22
Name Calamos Global Growth Composite MSCI ACWI Index
Alpha 2.94% N/A
Beta 1.04 1.00
Annualized Standard Deviation 18.45% 16.82%
Upside Semivariance 16.45% 12.19%
Downside Semivariance 12.50% 11.59%
Sharpe Ratio 0.43 0.29
Information Ratio 0.54 N/A

Since Inception Up/Down Capture Vs. MSCI ACWI Index

As of 12/31/22

Vehicles & Minimums

Vehicles and Minimums

Vehicle Minimum Availability
Separately Managed Accounts $25 million Available to new investors
Commingled Pool $10 million Available to new investors
Institutional Mutual Fund (CIGEX) $1 million These investment offerings are intended for investors inside the United States.

Literature

PDF Thumb

Fact Sheet

The Global Growth Strategy fact sheet provides a snap shot of the investment team, the investment strategy, performance, composition, ratings and returns.

PDF Thumb

Performance Review

A discussion of the Calamos Global Growth Strategy’s performance versus a benchmark, positioning, related market commentary, and outlook.

Calamos Financial Services LLC, Distributor

Check the background of the firm and its investment professionals on FINRA's BrokerCheck.

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.

©2023 Calamos Investments LLC. All Rights Reserved. Calamos®, Calamos Investments® and Investment strategies for your serious money® are registered trademarks of Calamos Investments LLC.

Calamos Investments LLC, referred to herein as Calamos Investments®, is a financial services company offering such services through its subsidiaries: Calamos Advisors LLC, Calamos Wealth Management LLC and Calamos Financial Services LLC.

The personal data collected by Calamos on this website, or by any other means, is collected and stored in accordance with the General Data Protection Regulation (EU) 2016/679 ("GDPR").

Important Legal Information | Privacy Policy | Business Continuity | Code of Business Conduct and Ethics | ERISA 408(b)(2)