SGA
Sustainable Growth Advisers

Investment Process

We manage U.S., Global, International, and Emerging Market portfolios and will invest in companies with a market capitalization of $2 billion and above. Our goal is to translate superior earnings growth from our portfolio companies into superior client returns.

Company Selection
Stock Selection
Idea Formation
Business Qualification
Qualified Company List Addition
Valuation Consideration
Portfolio
~100 Companies
25-35 Stocks
Continuous Due Diligence
Idea Formation

Analysts systematically look for new ideas using proprietary screens, conferences and leads from contacts

IC devotes at least one meeting quarterly to a discussion of new ideas

Candidates are prioritized and assigned to analysts

Business Qualification

IC provides “go ahead”

Back-up analyst is assigned

Due diligence performed with management, competitors and other industry sources

Detailed financial projections are constructed

Qualified List Addition

Investment concept presented by analyst and back-up for Qualified Company List addition

IC discusses

2 of 3 PMs decide

Valuation Consideration
Compare to other Qualified List companies based on growth, quality, financial projections and valuation
Portfolio

Buy when conviction and valuation indicate high potential contribution

Analysts recommend

IC discusses

2 of 3 PMs decide