Calamos Antetokounmpo Sustainable Equities Fund Class C (SROCX)

Overview

The fund described is a financial vehicle investing primarily in U.S.-domiciled companies it identifies as having above-average growth potential while also meeting strict environmental, social, and governance (ESG) criteria. This stipulation suggests a dual focus not only on financial performance but also on the sustainability and ethical operations of the investments. The commitment to invest at least 80% of its net assets in such equities indicates a strong inclination towards supporting companies that are considered to be beneficial for society and the environment. The addition of the ability to include American Depositary Receipts (ADRs) up to 20% allows for some level of international diversification, thereby potentially mitigating risk associated with the U.S. market. Furthermore, the fund's strategy does not limit investments by company size, implying a broad approach that could encompass everything from large multinational corporations to emerging startups, provided they align with the fund's ESG criteria.

Products and Services

The fund offers a diversified investment portfolio with a focus on growth and ESG compliance across various sectors and regions. Here are the key components:

• Equity Securities of U.S. Issuers:

  These are stocks or equity interests in companies that are based in the United States and have been identified by the subadviser as having the potential for above-average growth. The investments are selected not just for their growth prospects but also for their adherence to specific environmental, social, and governance standards, reflecting a commitment to responsible investing.

• American Depositary Receipts (ADRs):

  ADRs offer a way for the fund to gain exposure to foreign markets without the complexities often associated with investing directly in foreign equities. These securities represent equity ownership in a non-U.S. company but are traded on U.S. exchanges. Up to 20% of the fund's net assets may be allocated to ADRs, allowing for a degree of international diversification in the portfolio. This component is significant for investors looking to balance their investments geographically while still maintaining a focus on companies that demonstrate a commitment to ESG principles.