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.
| 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 |
| Portfolio | Holdings | Positions |
|---|---|---|
| U.S. Focused Growth | 10-15 | 6-10% |
| Global Focused Growth | 10-20 | 5-10% |
SGA’s International Growth portfolio returned -6.2% (gross) and -6.4% (net) in Q3 versus -9.9% for the MSCI ACWI ex USA Index and -9.4% for the MSCI ACWI ex USA Growth Index.
International Growth annualized returns: 1 Year -26.0% (gross), -26.7% (net); 5 Year 4.3% (gross), 3.5% (net); Since Inception: 5.8% (gross), 4.9% (net).
MSCI ACWI ex USA (Net TR) annualized returns: 1 Year -25.2%; 5 Year -0.8%; Since Inception: 1.1%.
SGA’s Emerging Markets Growth portfolio returned -5.9% (gross) and -6.1% (net) in Q3, compared to -11.6% and -12.1% for the MSCI EM and EM Growth Indices, respectively. Year-to-date the SGA Emerging Markets portfolio has returned -21.2% (gross) and -21.7% (net) compared to -27.2% and -30.6% for the MSCI EM and EM Growth Indices, respectively.
Emerging Markets Growth annualized returns: 1 Year -28.8% (gross), -29.5% (net); 5 Year 2.3% (gross), 1.5% (net); Since Inception: 4.0% (gross), 3.1% (net).
MSCI EM (Net TR) annualized returns: 1 Year -28.1%; 5 Year -1.8%; Since Inception: 0.0%.
The Global Growth portfolio returned -6.3% (gross) and -6.5% (net) in Q3 versus -6.8% for the MSCI ACWI and -5.9% for the MSCI ACWI Growth Index.
Global Growth annualized returns: 1 Year -31.0% (gross), -31.6% (net); 5 Year 7.5% (gross), 6.6% (net); 10 Year 9.7% (gross), 8.8% (net); Since Inception: 10.2% (gross), 9.3% (net).
MSCI ACWI (Net TR) annualized returns: 1 Year -20.7%; 5 Year 4.4%; 10 Year 7.3%; Since Inception: 6.5%.
The U.S. Focused portfolio returned -6.9% (gross) and -7.1% (net) in Q3 versus -3.6% for the Russell 1000 Growth Index.
U.S. Focused Growth annualized returns: 1 Year -31.2% (gross), -31.8% (net); 5 Year 10.9% (gross), 9.9% (net); 10 Year 12.5% (gross), 11.5% (net), Since Inception: 10.5% (gross), 9.5% (net).
Russell 1000 Growth annualized returns: 1 Year -22.6%; 5 Year 12.2%; 10 Year 13.7%; Since Inception: 10.3%.
The U.S. Large Cap Growth portfolio returned -5.2% (gross) and -5.4% (net) in Q3 versus -3.6% for the Russell 1000 Growth Index and -4.9% for the S&P 500 Index.
US Large Cap Growth annualized returns: 1 Year -29.8% (gross), -30.3% (net); 5 Year 10.4% (gross), 9.6% (net); 10 Year 12.0% (gross), 11.1% (net); Since Inception: 7.6% (gross), 6.8% (net).
Russell 1000 Growth annualized returns: 1 Year -22.6%; 5 Year 12.2%; 10 Year 13.7%; Since Inception: 5.2%.
Mutual Funds
WRAP Managed Accounts
Variable Insurance Trust Funds
Collective Investment Trusts (CITs)
Pooled Vehicles