Global Growth Strategy

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 9/30/21
Inception Date: 4/01/07
Strategy Assets*: $207.1 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.

Resources

Sector Weightings

As of 9/30/21
Sector % of Assets MSCI ACWI Index Under/Overweight %
Information Technology 30.7% 22.3%
Consumer Discretionary 16.1% 12.4%
Financials 13.0% 14.4%
Health Care 12.0% 11.7%
Communication Services 9.1% 9.3%
Industrials 8.3% 9.7%
Materials 4.7% 4.7%
Energy 2.5% 3.5%
Consumer Staples 2.2% 6.8%
Real Estate 1.4% 2.6%
Utilities 0.0% 2.6%
Other 0.0% 0.0%

Representative Portfolio Ten Largest Holdings

As of 9/30/21
Company Country Sector %
NVIDIA Corp. United States Information Technology 3.4
ASML Holding, NV Netherlands Information Technology 3.2
Amazon.com, Inc. United States Consumer Discretionary 3.2
Microsoft Corp. United States Information Technology 3.1
Alcon, Inc. Switzerland Health Care 2.9
Alphabet Inc- Class A United States Communication Services 2.5
Quanta Services, Inc. United States Industrials 2.3
Apple, Inc. United States Information Technology 2.3
Keyence Corp. Japan Information Technology 2.1
Sea, Ltd. Singapore Communication Services 2.0

Characteristics

As of 9/30/21
Name Calamos Portfolio MSCI ACWI Index
Number of Holdings 74 2,973
Portfolio Turnover (12 months) 71.8% N/A
Median Market Cap $77.4 B $13.0 B
Weighted Avg. Market Cap $372.0 B $356.8 B
ROIC 22.9% 20.3%
Debt/Capital 33.8% 41.4%
PEG Ratio 2.0x 1.9x

The results portrayed on this page are for the Global Growth Strategy and as such only relate to the representative portfolio shown at that point in time. Other portfolios will vary in composition, characteristics, and will experience different investment results. The representative portfolio shown has been selected by the advisor based on account characteristics that the advisor feels accurately represents the investment strategy as a whole.

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.

Statistics based on percentage of invested portfolio and are subject to change. Sector weightings exclude any government/sovereign bonds or broad-based index hedging securities the portfolio may hold.

Sector Weightings percentages are based on invested portfolio and are subject to change. Other includes securities that do not have a sector classification.

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.

The information provided in this page should not be considered a recommendation to purchase or sell any particular security. There is no assurance that any securities discussed herein will remain in an account's portfolio at the time you receive this report or that securities sold have not been repurchased. The securities discussed do not represent an account's entire portfolio and in the aggregate may represent only a small percentage of an account's portfolio holdings. Ten Largest Holdings exclude any government/sovereign bonds or broad-based index hedging securities the portfolio may hold.

It should not be assumed that any of the securities transactions or holdings discussed were or will prove to be profitable, or that the investment recommendations or decisions we make in the future will be profitable or will equal the investment performance of the securities discussed herein.

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

Annualized Total Returns

As of 9/30/21
Name 1-Year 3-Year 5-Year 10-Year Since Inception (4/07)
Global Growth (Gross) 31.99% 20.83% 19.29% 15.01% 11.64%
Global Growth (Net) 30.67% 19.62% 18.08% 13.79% 10.47%
MSCI ACWI Index 27.98% 13.14% 13.77% 12.49% 7.21%

Calendar Year Returns

As of 9/30/21
Name Qtr ending Sep 21 YTD 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Global Growth (Gross) 1.00% 12.65% 45.98% 30.88% -14.26% 36.27% 0.65% 6.04% 1.87% 20.97% 14.35%
Global Growth (Net) 0.73% 11.79% 44.60% 29.55% -15.16% 34.90% -0.47% 4.90% 0.77% 19.61% 12.98%
MSCI ACWI Index -0.95% 11.49% 16.82% 27.30% -8.94% 24.62% 8.48% -1.84% 4.71% 23.44% 16.80%

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 Since Inception

As of 9/30/21
Name Calamos Global Growth Composite MSCI ACWI Index
Alpha 4.12% N/A
Beta 1.04 1.00
Annualized Standard Deviation 18.02% 16.50%
Upside Semivariance 16.82% 12.12%
Downside Semivariance 11.20% 10.93%
Sharpe Ratio 0.60 0.39
Information Ratio 0.77 N/A

Since Inception Up/Down Capture Vs. MSCI ACWI Index

As of 9/30/21

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.

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.
Fact Sheet

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

Performance Review

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