- New fund continues firm's legacy of innovation
- "Active equity ETFs are a logical extension of our long-held belief in active management and enable us to serve investors who prefer the ETF product structure"
Calamos Investments announces the launch of the Calamos Focus Growth ETF one of the industry's first actively managed equity ETFs.
"Our decision to offer an active equity ETF – particularly at this early juncture in the market's development – is right in line with our history of anticipating the needs of investors and offering innovative solutions to satisfy those needs. From our convertible strategy launched in 1979 to our market neutral income strategy launched in 1990 and our long/short strategy in 2013, Calamos has always been a leader in developing innovative solutions that help our clients navigate the evolving investment landscape. To that end, we believe actively managed ETFs represent an investment option whose time has come," said John Calamos, Sr., CEO and Global Co-CIO of Calamos Investments.
"Active equity ETFs are a logical extension of our long-held belief in active management and enable us to serve investors who prefer the ETF product structure and appreciate the benefits of transparency. CFGE offers ETF investors a way to access a similar strategy to that which is available in a mutual fund format, and reflects Calamos' commitment to the actively managed ETF space," said Gary Black, Global Co-CIO of Calamos Investments.
The Calamos Focus Growth ETF leverages the firm's 25-year history investing in growth companies, and features a portfolio consisting of stocks which we believe offer the best opportunities for growth. The portfolio selection process stresses company fundamentals including a global presence, strong revenue and earnings growth, solid returns on invested capital and lower debt-to-capital levels. The fund also utilizes active management, blending investment themes with fundamental research.
Calamos Investments LLC is a diversified global investment firm offering innovative investment strategies including equity, fixed income, convertible and alternative investments. The firm offers strategies through separately managed portfolios, mutual funds, closed-end funds, private funds and UCITS funds. Clients include major corporations, pension funds, endowments, foundations and individuals, as well as the consultants and financial advisors who serve them. Headquartered in the Chicago metropolitan area, the firm also has offices in London and New York.