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NASDAQ OMX Lists Calamos Focused Growth ETF
CFGE leverages the firm's 25-year history investing in growth companies, and features a portfolio consisting of stocks in which Calamos has the greatest confidence of sustained growth, said a statement issued in New York by NASDAQ OMX today.
The portfolio selection process stresses company fundamentals, including a global presence, strong revenue and earnings growth, solid returns on invested capital and lower debt-to-capital levels. The fund also utilizes active management, blending investment themes with fundamental research.
"Our decision to offer an active equity ETF - particularly at this early juncture in the market's development - is right in line with our history of anticipating the needs of investors and offering innovative solutions to satisfy those needs," said John Calamos, Sr., CEO and Global Co-CIO of Calamos Investments.
"NASDAQ OMX is a pioneer in cutting-edge Exchange Traded Product innovations, often the first to market new concepts that change the way industry develops, manages and applies products," said Dave LaValle, Head of Exchange Traded Product Listings at NASDAQ OMX.
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