SGA builds high-conviction portfolios of sustainable growth companies from the bottom up without regard for benchmark composition. Each portfolio invests selectively in fundamentally strong businesses with steady long-term earnings prospects and attractive valuations. Portfolios typically differ materially from stock market indices in their composition, a hallmark of our management style.
Flagship Portfolios
| Portfolio | Holdings | Positions | Domiciled Companies |
|---|---|---|---|
| U.S. Large Cap Growth | 25-30 | 2-6% | 80-100% U.S. Domiciled Companies |
| Global Growth | 25-35 | 2-6% | 35-65% Non-U.S. Domiciled Companies |
| International Growth | 25-35 | 2-6% | 90-100% Non-U.S. Domiciled Companies |
| Emerging Markets Growth | 25-35 | 2-6% | Over 50% Emerging Domiciled Companies |
| Global Mid Cap Growth | 25-35 | 2-6% | 35-65% Non-U.S. Domiciled Companies |
Focused Portfolios
| Portfolio | Holdings | Positions |
|---|---|---|
| U.S. Focused Growth | 10-15 | 6-10% |
| Global Focused Growth | 10-20 | 5-10% |
The portfolio generated strong absolute and relative returns as global equity markets rebounded in response to hopes for faster than expected economic recovery as countries allowed businesses to re-open, and significant monetary and fiscal stimulus was applied.
The portfolio generated strong absolute and relative returns as global equity markets rebounded in response to hopes for a faster than expected economic recovery as countries allowed businesses to re-open, and significant monetary and fiscal stimulus was applied.
SGA’s Emerging Markets Growth portfolio returned 22.2% (gross) and 21.9% (net) in Q2 2020 compared to 18.1% for its primary benchmark the MSCI Emerging Markets Index; during the same period the MSCI Emerging Markets Growth Index returned 22.1%.
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Mutual Funds
Virtus SGA Emerging Markets Growth Fund
Virtus SGA International Growth Fund
John Hancock U.S. Global Leaders Growth Fund
WRAP Managed Accounts
Variable Insurance Trust Funds
Virtus SGA International Growth Series
Collective Investment Trusts (CITs)
SGA Global Growth CIT
SGA International Growth CIT
Pooled Vehicles
Virtus GF SGA Global Growth Fund
SGA Global Growth Canadian Pooled Fund
U.S. Large Cap Growth Commentary - Q2 2020
The portfolio generated strong absolute returns and outperformed the Russell 1000 Growth Index as markets rebounded in response to hopes for a faster than expected economic recovery and continued massive monetary and fiscal accommodation.