The Calamos International Growth Strategy generated a 6.72% (gross of fees) return and 6.48% (net of fees) return versus a 7.03% gain for the MSCI ACWI ex USA Index.
In the right conditions, when the Federal Reserve lowers interest rates (Fed funds rate), the central bank widens the spread between what commercial banks pay (to borrow) and what they earn (on loans) ...
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