Sept. 12, 2013
/PRNewswire/ -- Calamos Investments
*, a global investment management firm, is pleased to announce the recent 5-year anniversary of the highly-rated Evolving World Growth Fund (CNWGX). The fund's load-waived A shares received an overall 5-star Morningstar rating as of
August 31, 2013
"In launching the fund, we wanted to give investors the opportunity to participate in the higher growth prospects of emerging economies but with a risk-managed approach based on the idea that where a company earns its revenue is more important than where it is domiciled," said
John P. Calamos, Sr.
, CEO and Global Co-Chief Investment Officer. "Revenue mapping has proven to be an alpha generator for the fund, as it has delivered more than double the return of the MSCI Emerging Markets Index with 32% less volatility since inception. Indeed, our 'companies over countries' approach enables investors to make a core allocation to the emerging markets arena while maintaining the risk/reward profile of their total portfolio."
The strategy, available to U.S. institutional and retail investors since 2008, is a flexible, opportunistic approach allowing the portfolio to manage risk while seeking enhanced returns across regions, countries, market capitalization, sectors and security type. A similar strategy is also available outside
the United States
in a UCITS structure.
For more information about the fund, please visit
For more information on Calamos Investments, please visit
Calamos Investments is a diversified global investment firm offering innovative investment strategies including equity, fixed income, convertible and alternative investments, among others. 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 financial advisors and consultants who serve them. Headquartered in the
metropolitan area, the firm also has offices in
Calamos serves professional/sophisticated investors around the world through Calamos Global Funds PLC (UCITS), distributed by Calamos Investments LLP,
, United Kingdom.
*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, Calamos Investments LLP and Calamos Financial Services LLC.
Performance data quoted represents past performance, which is no guarantee of future results.
The MSCI Emerging Markets Index
is a free float-adjusted market capitalization index. As of
, the index consisted of the following 26 emerging market country indices:
. The index represents companies within these countries that are available to investors worldwide.
are based on risk-adjusted returns and are through
for Class A shares and will differ for other share classes. Morningstar Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly historical performance (reflecting sales charges), placing more emphasis on downward variations and rewarding consistent performance.
Within each asset class, the top 10%, the next 22.5%, 35%, 22.5%, and the bottom 10% receive 5, 4, 3, 2, or 1 star, respectively. Each fund is rated exclusively against U.S. domiciled funds. The information contained herein is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Source: © 2013 Morningstar, Inc. All Rights Reserved.