Products July 9, 2009

Fidelity Adviser Platform Adds Calamos Funds

July 9, 2009 (PLANSPONSOR.com) - Fidelity Investments now offers seven Calamos mutual funds on Fidelity Advisor 401(k), Fidelity's financial adviser-sold retirement platform.
Reported by

A news release said the platform averages 600-700 plans a year at an average size of $5 million-$7 million.

The seven funds on the platform are:

  • Calamos Convertible Fund,
  • Calamos Global Growth & Income Fund,
  • Calamos Growth & Income Fund,
  • Calamos Growth Fund,
  • Calamos High Yield Fund,
  • Calamos International Growth, and
  • Calamos Market Neutral Income.

“John Calamos started his firm in 1977,” said Bob Behan, Calamos Senior Vice President and Head of National Accounts & Retirement Distribution, in the news release. “The addition of the Calamos funds to the Fidelity platform gives advisers access to the experience and expertise of John and co-CIO Nick Calamos, as well as their entire investment team. Now more than ever, experience in both up and down market cycles is important.”

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