Calamos, a global investment management firm, is the latest mutual fund provider ready to pull the trigger on an equities-based exchange traded fund.
The money manager has filed with the Securities and Exchange Commission to launch an actively managed stock ETF, the Calamos Select Growth ETF.
As an active ETF, the fund will not passively track an underlying, benchmark index. Instead, an active manager will monitor ETF holdings.
Specifically, the portfolio managers include CEO and global co-chief investment officer John P. Calamos Sr. and executive VP and global co-chief investment officer Gary Black, along with Calamos portfolio managers Nick Niziolek, Jeff Scudieri, Jon Vacko, John Hillenbrand, Steve Klouda, Eli Pars, Dennis Cogan and Joe Wysocki.
The fund will buy and sell large growth-oriented securities. Holdings will be selected based on the company’s growth potential, financial strength and stability. The manager will also follow the firm’s top-down, macro-economic view and select stocks based on qualitative and quantitative research.