Launched in partnership with NBA Superstar Giannis Antetokounmpo, fund is based on one of
the longest-running ESG research programs in the nation
- SROI is a global stock-based ETF that seeks above-average
returns with lower volatility by focusing on companies that
generate potentially higher returns on capital and maintain what
the advisor believes to be a competitive edge.
- Fund invests in companies with strong ESG characteristics
believed to be better equipped to adapt to change and potentially
avoid certain liabilities, thereby contributing to return potential
and risk reduction.
- SROI is part of a broader partnership with NBA superstar
Giannis Antetokounmpo that has committed to donating a portion of
profits to charity.
METRO CHICAGO, Ill., Feb. 6, 2023
/PRNewswire/ -- Calamos Investments LLC ("Calamos"), a premier
global investment provider, in partnership with Giannis
Antetokounmpo, today announced the listing of the Calamos
Antetokounmpo Global Sustainable Equities ETF (ticker: SROI) on
NYSE ARCA. SROI seeks to deliver long-term capital appreciation
through a professionally managed portfolio of high quality and
growth-oriented ESG-principled companies.
The investment adviser for SROI, Calamos Antetokounmpo Asset
Management LLC, is structured as a joint venture and seeks to
donate a portion of its profits to charities, as determined by its
Board of Directors. The Board aims to review and consider charities
in areas such as economic empowerment, financial education, and the
development of young people in underserved communities.
"We're excited to be in the ETF marketplace with the listing of
the Calamos Antetokounmpo Global Sustainable Equities ETF," said
Matt Kaufman, Head of ETFs at
Calamos. "We're confident the partnership forged between Calamos
and Giannis Antetokounmpo will allow for the greatest opportunity
for societal return on investment on a global scale and will become
a cornerstone for future growth in the ETF space at the firm."
"The principles of family, community, and economic empowerment
are tremendously important to the Antetokounmpo family," Giannis
said. "I'm excited to join with Calamos to bring an exchange traded
fund to market that invests for growth, and to form a partnership
that gives back to the community in a meaningful way."
The Calamos Antetokounmpo Global
Sustainable Equities ETF (SROI)
SROI is an active ETF managed by long-standing ESG portfolio
managers Tony Tursich, James Madden, and Beth Williamson—who
established one of the first sustainable research platforms in the
world and helped set the standards for many of today's ESG
portfolios. The portfolio will consist predominantly of developed-
(including U.S.) and emerging market-stocks that the Advisor
believes have above average growth potential and meet the team's
proprietary ESG rating system.
SROI's ESG rating system
The proprietary ESG rating system developed and used by the
fund's managers considers both quantitative and qualitative factors
in an effort to identify growth-focused companies that, in
Calamos's opinion, are also deemed to be "responsible and engaged"
(i.e., companies that demonstrate awareness and action surrounding
the material ESG issues facing their businesses and
industries).
Calamos believes that a company's understanding of ESG
principles demonstrates the qualities of innovation and leadership
that create a distinct competitive advantage and build long-term
value for a company. The portfolio management team considers a
company's position on various factors such as ecological limits,
environmental stewardship, environmental strategies, stance on
human rights and equality, societal impact as well as its corporate
governance practices. Through core fundamental research, Calamos
combines traditional investment information with its proprietary
three-pronged ESG process to identify investments that it believes
promote certain environmental and/or social characteristics.
Calamos believes that this creates a complete picture of how each
company behaves commercially and how it deals with existing and
emerging ESG risks and opportunities. The three-pronged ESG process
consists of: 1) exclusionary screens; 2) materiality assessments
and 3) environmental and social impact scoring.
SROI is listed on the NYSE ARCA, and carries an annual expense
ratio of 0.95%. The prospectus for the Calamos Antetokounmpo Global
Sustainable Equities ETF can be found here.
Giannis to ring NYSE closing
bell
A bell ringing ceremony at NYSE is scheduled to take place
March 31, 2023, where Giannis
Antetokounmpo will be present alongside Calamos senior executives,
to commemorate the launch of the ETF and speak to media about the
fund as well as the Advisor's commitment to charity.
About Calamos
Calamos Investments is a diversified global investment firm
offering innovative investment strategies including alternatives,
multi-asset, convertible, fixed income, equity, and sustainable
equity. The firm offers strategies through separately managed
portfolios, mutual funds, closed-end funds, private funds, ETFs and
UCITS funds. Clients include major corporations, pension funds,
endowments, foundations, and individuals, as well as the financial
advisors and consultants who serve them. The firm is headquartered
in the Chicago metropolitan area,
with offices in New York,
San Francisco, Milwaukee, Portland (Oregon), and the Miami area. For more information, please visit
www.calamos.com.
About Giannis
Antetokounmpo
Giannis Sina Ugo Antetokounmpo is a Greek-Nigerian professional
basketball player who has won countless awards and honors since
joining the NBA in 2013. He is one of the most decorated players in
the history of the NBA and became a minority owner of the Milwaukee
Brewers in 2021. Antetokounmpo is known for his philanthropic work
through his family's foundation, CAFF, named after his late father
Charles Antetokounmpo.
*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, Calamos
Financial Services LLC, and Calamos Antetokounmpo Asset Management
LLC.
Before investing, carefully consider the fund's investment
objectives, risks, charges and expenses. Please see the prospectus
and summary prospectus containing this and other information which
can be obtained by calling 1-800-582-6959. Read it carefully before
investing.
Environmental, social and governance (ESG) is based on the
premise of investing in companies that have good environmental
records, are ethically run and have a positive social impact.
An investment in the Fund(s) is subject to risks, and you could
lose money on your investment in the Fund(s). There can be no
assurance that the Fund(s) will achieve its investment objective.
Your investment in the Fund(s) is not a deposit in a bank and is
not insured or guaranteed by the Federal Deposit Insurance
Corporation (FDIC) or any other government agency. The risks
associated with an investment in the Fund(s) can increase during
times of significant market volatility. The Fund(s) also has
specific principal risks, which are described below. More detailed
information regarding these risks can be found in the Fund's
prospectus.
The principal risks of investing in the Calamos Antetokounmpo
Global Sustainable Equities ETF include: equity securities risk
consisting of market prices declining in general, growth stock risk
consisting of potential increased volatility due to securities
trading at higher multiples, value stock risk, foreign securities
risk, forward foreign currency contract risk, emerging markets
risk, small and mid-sized company risk and portfolio selection
risk. As a result of political or economic instability in foreign
countries, there can be special risks associated with investing in
foreign securities, including fluctuations in currency exchange
rates, increased price volatility and difficulty obtaining
information. In addition, emerging markets may present additional
risk due to potential for greater economic and political
instability in less developed countries.
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 Fund's ESG policy could cause it to perform differently
compared to similar funds that do not have such a policy. The
application of the social and environmental standards of Calamos
Advisors may affect the Fund's exposure to certain issuers,
industries, sectors, and factors that may impact the relative
financial performance of the Fund-positively or
negatively-depending on whether such investments are in or out of
favor.
Calamos Antetokounmpo Asset Management LLC ("CGAM"), an
investment adviser registered with the SEC under the Investment
Advisers Act of 1940, serves as the Fund's adviser ("Adviser").
CGAM is jointly owned by Calamos Advisors LLC and Original C Fund,
LLC, an entity whose voting rights are wholly owned by Original PE,
LLC which, in turn, is wholly owned by Giannis Sina Ugo
Antetokounmpo.
Mr. Antetokounmpo serves on the Adviser's Board of Directors and
has indirect control of half of the Adviser's Board.
Mr. Antetokounmpo is not a portfolio manager of the Fund and
will not be involved in the day-to-day management of the Fund's
investments, and neither Original C nor Mr. Antetokounmpo shall
provide any "investment advice" to the Fund. Mr. Antetokounmpo
provided input in selecting the initial strategy for the Fund.
Mr. Antetokounmpo will be involved with marketing efforts on
behalf of the Adviser.
If Mr. Antetokounmpo is no longer involved with the Fund or the
Adviser then "Antetokounmpo" will be removed from the name of the
Fund and the Adviser. Further, shareholders would be notified of
any change in the name of the Fund or its strategy.
Foreside Financial Services, LLC, Distributor.
© 2023 Calamos Investments LLC. All Rights Reserved. Calamos®
and Calamos Investments® are registered trademarks of Calamos
Investments LLC.
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SOURCE Calamos Investments