The 4 Keys for Strengthening a 401(k) Plan

Calamos Investments suggests four keys to strengthening a 401(k) plan for today’s investing environment:

1. Understand and make a commitment to active investment management
   When markets move swiftly and unpredictably, active managers are in a position to respond. Passive investments are left at the mercy of the markets’ fury.
   

2. Proactively make risk management a priority
   We believe proper asset allocation begins with establishing core equity participation, but with lower risk than a traditional equity allocation. Once a low-volatility equity core is in place, traditional growth equity funds complete the asset allocation.

3. Ensure a consistent investment process suited for volatile markets
   Only the most disciplined, rigorous, repeatable process is suited for today’s volatile markets. Our investment process combines top-down and bottom-up considerations, using cash flow analysis to create a level playing field for analysis of companies globally.

4. Require management stability and a single-team approach
   As a 401(k) plan adviser, you want the managers of your clients’ plan investment options to provide a high level of stability, structure and continuity — Calamos shares these values with you. Stability and continuity begin with Co-Chief Investment Officers John P. Calamos, Sr. and Nick P. Calamos, CFA, who have worked together for more than 25 years.

For a more detailed explanation of the four keys summarized above, please ask your Calamos retirement partner for the brochure titled, “4 Keys for Strengthening Your 401(k) Plan.”

Calamos 401(k) Fund Lineup

Low-Volatility Equity Funds (core)

• Growth and Income (CVTRX)
• Global Growth and Income (CVLOX)

Growth Equity Funds

• Blue Chip (CBCAX)
• Global Equity (CAGEX)
• Growth (CVGRX)
• International Growth (CIGRX)

Start with Low-Volatility Equity Funds

Low-volatility funds offer participants upside
market potential with downside risk protection.
Our low-volatility funds carefully blend convertible securities and pure equity securities to take advantage of rising equity markets while cushioning the portfolio against downside volatility. We continually monitor and adjust portfolio allocations based on prevailing market conditions — a strategy that distinguishes us from our peers. Many investment companies simply adjust their asset allocation to maintain a fixed security mix (i.e., a balanced strategy), but we employ a risk-managed approach to help weather varying market conditions.

A healthy asset allocation begins with a
low-volatility equity core.
Building a healthy asset allocation is essential for successful retirement planning and saving. The first step toward building a diversified 401(k) asset allocation begins with a core equity participation that offers lower risk than a traditional equity allocation.

When it comes to downside protection, Calamos low-volatility funds outshine the competition. These funds are managed with one goal in mind: to help generate successful outcomes for retirement plan participants.

Compliment Your Low-Volatility Core
with Growth Equity Funds

Traditional growth equity funds complete the asset allocation.
With a low-volatility equity core in place, participants can then complete their asset allocation by choosing from our actively managed growth equity funds. Drawing on over 30 years of experience, Calamos offers a compelling growth equity fund lineup that seeks to help participants achieve financial success.

Quarterly Fund Commentaries

Low-Volatility Equity Funds (core)

• Growth and Income
• Global Growth and Income

Growth Equity Funds

• Blue Chip
• Global Equity
• Growth
• International Growth

Partner with Calamos Investments to
Unlock the Potential of Your 401(k) Plan

To learn more about partnering with Calamos to unlock the potential of your clients’ 401(k) plans, please visit calamos.com or contact a Calamos retirement partner listed above.

For investment professional use only.

Before investing, carefully consider the fund’s investment objectives, risks, charges and expenses. Call 800.582.6959 to request a prospectus containing this and other information. Read it carefully.

Important Fund Information

Growth, Blue Chip and Growth & Income Funds may invest up to 25% of its assets in the securities of foreign issuers. Global Equity, Global Growth & Income and International Growth Funds may invest up to 100% of their assets in foreign issuers.  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.

Growth, Blue Chip, Global Equity, Global Growth & Income, Growth & Income and International Growth Funds may seek to purchase index put options to help reduce downside exposure however, the effectiveness of the Fund’s index option-based risk management strategy may be reduced if the Fund’s portfolio does not correlate to the performance of the underlying option positions. The Fund also risks losing all or part of the cash paid for purchasing index options. Unusual market conditions or lack of a ready market of any particular option at a specific time may reduce the effectiveness of the Fund’s option strategies, and for these and other reasons, the Fund’s option strategies may not reduce the Fund’s volatility to the extent desired. From time to time, the Fund may reduce its holdings of put options, resulting in an increased exposure to a market decline.

Growth, Global Growth & Income and International Growth Funds may invest in mid-size and small companies which present greater risk and higher volatility than investments in larger, more established companies, and in lower-rated securities, which may present greater risk than investments in higher-rated securities. This is because there is a greater likelihood that the company issuing the lower-rated securities may default on income and principal payments.

Both the Growth & Income Fund and the Global Growth & Income Fund may invest in convertible securities.  In addition to market risk, there are certain other risks associated with an investment in a convertible bond, such as default risk, the risk that the company issuing debt securities will be unable to repay principal and interest, and interest rate risk, the risk that the security may decrease in value if interest rates increase.

Calamos Financial Services LLC, Distributor

NOT FDIC INSURED   NO BANK GUARANTEE   MAY LOSE VALUE
For Investment Professional Use Only. Not for Use with the Public.

2020 Calamos Court | Naperville, IL 60563-2787 | 800.582.6959 | www.calamos.com | caminfo@calamos.com

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