Calamos Introduces Global High Income Fund on Global Platform (UCITS)

-- A strategic investment solution for greater income potential with an attractive risk/reward profile

NAPERVILLE, Illinois and LONDON, July 27, 2012 /PRNewswire/ -- Calamos Investments, a global investment management firm, is pleased to announce the introduction of the Calamos Global High Income Fund to its UCITS fund platform. The global, diversified fund is based on the institutional Calamos High Income Strategy that has been available to both U.S. and non-U.S. investors since November 1999.

The Calamos Global High Income Fund invests dynamically across the credit quality spectrum focusing on the upper- and middle-credit quality tiers of the high yield bond market. The fund pursues income while avoiding exposure to more speculative or distressed high yield bonds. By investing primarily in companies with stronger corporate fundamentals and healthier balance sheets, the fund seeks to provide high income with an attractive risk/reward profile.

"Institutional investors are expanding their view on strategies to generate income across their asset allocation.  Against the backdrop of persistently low rates and yields, traditional fixed income – government and investment grade bonds – are challenged to deliver the needed income. We view the Calamos Global High Income Fund as an important, strategic lever for investors to use in their fixed income allocation to lift the income contribution while managing their risk profile. The fund draws upon our decades of expertise in risk management and utilises an opportunistic approach to adding alpha over time while managing downside volatility," stated John P. Calamos, Sr., CEO and Co-Chief Investment Officer.

The fund is the latest addition to the existing offerings of the UCITS platform for Calamos Investments, which also includes: Calamos U.S. Growth Fund, Calamos Global Equity Fund, Calamos Global Convertible Opportunities Fund and Calamos Emerging Markets Fund. These UCITS funds are available to institutional and retail investors outside the United States. The investment process for the Calamos Global High Income Fund and each of the Calamos UCITS funds is based on a long record of managing similar institutional strategies and funds for clients in the United States and around the globe.

For more information about the fund, visit www.calamosglobal.com.

About Calamos

Calamos Investments is a globally diversified investment firm serving the needs of institutional and individual investors for over 35 years. The company's clients include public and private pensions, foundations, endowments, corporations, financial advisors, families and individuals from around the world who have entrusted the firm with $33.4 billion in assets under management as of 30 June 2012.

Calamos offers a range of global investment solutions - equity, fixed income, convertible and alternatives - to work with clients' multi-asset allocation frameworks and achieve the goals of their investment programs. 

Calamos serves professional/sophisticated investors around the world through Calamos Global Funds PLC (UCITS), distributed by Calamos Investments LLP, London, United Kingdom. 

For more information, please visit www.calamosglobal.com.

Important Risk Information

The Funds are only offered or solicited to professional/sophisticated investors. This information does not constitute an offer or solicitation to invest in the Funds.

The principal risks of investing in the Calamos Global High Income Fund include: high income risk, convertible securities risk, synthetic convertible instruments risk, interest rate risk, credit risk, liquidity risk and portfolio selection risk.

The principal risks of investing in the Calamos U.S. Growth Fund include: equity securities risk, growth stock risk, mid-sized company risk, foreign securities risk and portfolio selection risk.

The principal risks of investing in the Calamos Global Equity Fund include: equity securities risk, growth stock risk, value stock risk, foreign securities risk, emerging markets risk, small and mid-sized company risk and portfolio selection risk.

The principal risks of investing in the Calamos Global Convertible Opportunities Fund include: convertible securities risk, synthetic convertible instruments risk, foreign securities risk, emerging markets risk, equity securities risk, growth stock risk, interest rate risk, credit risk, high yield risk and portfolio selection risk.

The principal risks of investing in the Calamos Emerging Markets Fund include: equity securities risk, growth stock risk, foreign securities risk, emerging markets risk, convertible securities 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 Funds are a sub-fund of Calamos Global Funds PLC, an investment company with variable capital incorporated with limited liability in Ireland (registered number 444463).Calamos Global Funds PLC has been established as an umbrella fund with segregated liability between sub-funds and is authorised pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2003 as amended.

The Funds are offered solely to non-U.S. investors under the terms and conditions of the Fund's current prospectus. The prospectus contains important information about the Fund and should be read carefully before investing. A copy of the prospectus for the Fund may be obtained by visiting www.calamosglobal.com, or by contacting the local Paying Agent listed by jurisdiction, or through the Fund's Transfer Agent, RBC Dexia Investor Services Ireland Limited.

RBC Dexia Investor Services Ireland Limited
George's Quay House, 43
Townsend St., Dublin 2, Ireland
Tel: +353-1-440-6555
Fax: +353-1-613-04 01