Calamos Select Fund Class I (CVAIX)

Overview

The fund operates as a diversified investment platform, focusing primarily on the acquisition of U.S. equity securities. It maintains a flexible investment portfolio that encompasses a wide range of companies, from well-established entities with large market capitalizations to emergent, small-sized companies. The fund's investment strategy is guided by its investment adviser, who categorizes companies based on their market capitalization value, defining large cap companies as those with more than $25 billion, mid-sized companies as those with a market cap between $1 billion and $25 billion, and small cap companies as having up to $1 billion in market capitalization. Furthermore, the fund exhibits a global investment interest, allocating up to 25% of its net assets in foreign securities, indicating its pursuit of diversification and potential for international growth opportunities.

Products and Services

• U.S. Equity Securities Investing

The primary focus of the fund lies in investing in equity securities of U.S.-based companies. It leverages opportunities across a broad spectrum of industry sectors and company sizes, from large and well-established corporations to smaller, growth-oriented businesses. The investment strategy spans across different market capitalizations, seeking to capitalize on the evolving U.S. equity landscape for its investors.

• Large Cap Company Investments

The fund identifies large cap companies as those with a market capitalization in excess of $25 billion. Investments in these companies allow the fund to provide its investors with exposure to stable, well-established entities that have a significant presence in their respective industries and are recognized for their long-term growth and profitability.

• Mid-Sized Company Investments

Mid-sized companies, defined by the fund as those having a market capitalization greater than $1 billion but up to $25 billion, represent an area of interest for the fund. Investing in these companies enables the fund to tap into the potential for substantial growth and market expansion, aligning with investors seeking a balance between stability and growth.

• Small Cap Company Investments

Small cap company investments are highlighted as those companies with a market capitalization of up to $1 billion. This investment approach is tailored towards companies that exhibit significant growth potential. Although these investments may carry higher risk due to the nature of the companies, they are considered by the fund for their potential for high returns and market niche dominance.

• Foreign Securities Investments

With an allowance of up to 25% of its net assets, the fund extends its investment horizon to include foreign securities. This diversification strategy is employed to hedge against domestic market volatility and to seize global investment opportunities, thus potentially enhancing the overall investment returns for the fund's stakeholders.