CFGE - Calamos Focus Growth ETF

Calamos Focus Growth ETF (CFGE) is an actively managed exchange-traded fund that seeks to provide long-term capital appreciation by investing primarily in U.S. large-cap growth stocks. The fund's portfolio managers use a bottom-up approach to security selection, seeking companies with strong earnings growth potential and sustainable competitive advantages. CFGE's investment process is driven by fundamental research and analysis, and the fund's holdings are concentrated in a relatively small number of high-conviction positions.

As of March 23, 2023, the fund has total net assets of approximately $220 million and holds 26 positions. Its top holdings include technology giants such as Apple Inc., Microsoft Corporation, and Amazon.com, Inc., as well as other growth-oriented companies in the healthcare, consumer discretionary, and financials sectors. The fund's expense ratio is 0.90%.

CFGE is managed by Calamos Advisors LLC, an investment management firm that specializes in multi-asset class investing. The firm was founded in 1977 and has over $24 billion in assets under management as of December 31, 2022. Calamos Advisors LLC is headquartered in Naperville, Illinois, and has additional offices in New York, San Francisco, and London.

Investors considering CFGE should carefully consider the risks associated with investing in actively managed funds, including the possibility that the fund's investment strategy may not be successful in achieving its investment objectives, and that the fund's portfolio managers may not be successful in selecting investments that outperform their benchmarks or peers. Additionally, the concentration of the fund's holdings in a relatively small number of positions may increase the fund's volatility and may result in larger losses during market downturns. As with all investments, investors should also consider the fund's expenses, including management fees and other expenses, which can reduce returns.