Public Growth

We seek to invest in leading innovative businesses that are creating the future—businesses we expect to grow into exponentially larger enterprises, capable of translating sustainable above-average earnings growth into shareowner value over five years or more.

Our strategies concentrate investments in these businesses through high-conviction portfolios that differ greatly from the indexes. The same rigorous process rooted in our six investment criteria drives business selection across strategies, but differences in geography and company growth trajectory enable us to offer clients a range of allocation opportunities across the growth spectrum.

Growth Strategies

The Growth strategies seek above-average absolute returns by investing in what we view as the best growth businesses within defined geographic opportunity sets. These businesses are often disrupting existing markets or creating new ones, and often benefit from powerful secular drivers.

Select Growth

AS OF 6/30/2021

CONCENTRATED

30

Businesses

CONVICTION WEIGHTED

56.9%

Top Ten Weight

LONG-TERM ORIENTED

5+ Years

Average Holding Period

VALUE ADDED

3.4%

Annualized Excess Return Since Inception1

Global Growth

AS OF 6/30/2021

CONCENTRATED

36

Businesses

CONVICTION WEIGHTED

42.4%

Top Ten Weight

LONG-TERM ORIENTED

5+ Years

Average Holding Period

VALUE ADDED

9.3%

Annualized Excess Return Since Inception1

International Growth

AS OF  6/30/2021

CONCENTRATED

34

Businesses

CONVICTION WEIGHTED

43.6%

Top Ten Weight

LONG-TERM ORIENTED

5+ Years

Average Holding Period

VALUE ADDED

22.5%

Annualized Excess Return Since Inception1

Emerging Markets Growth

AS OF 6/30/2021

CONCENTRATED

39

Businesses

CONVICTION WEIGHTED

54.6%

Top Ten Weight

LONG-TERM ORIENTED

5+ Years

Average Holding Period

VALUE ADDED

7.3%

Annualized Excess Return Since Inception1

Leaders Strategies

We believe the market systematically undervalues both the persistence and non-linearity of growth. The Leaders strategies seek to exploit these opportunities while employing a portfolio construction approach designed to moderate short-term volatility. The strategy emphasizes a diversity of growth drivers, with the objective of delivering a growth portfolio with the volatility of a core portfolio.

Global Leaders

AS OF 6/30/2021

CONCENTRATED

36

Businesses

CONVICTION WEIGHTED

37.5%

Top Ten Weight

LONG-TERM ORIENTED

5+ Years

Average Holding Period

VALUE ADDED

7.7%

Annualized Excess Return Since Inception1

Specialty Strategies

The Specialty strategies harness the collective insights of Sands Capital’s global research platform to deliver customized growth equity solutions. Using the Growth and Leaders strategies as building blocks, the Specialty strategies are tailored for specific client needs.

Focus

The strategy harnesses the highest conviction businesses across our global research platform. Through extra-concentrated custom portfolios ranging from 5-20 holdings, the strategies are geared toward outsized alpha generation over the long term.

AS OF 6/30/2021

CONCENTRATED

5 – 20

Businesses

LONG-TERM ORIENTED

5+ Years

Average Holding Period

VALUE ADDED

11.6%

Annualized Excess Return Since Inception1

Technology Innovators

The strategy leverages our deep domain knowledge to seek to identify public and late-stage private businesses globally that are the key facilitators or beneficiaries of powerful secular shifts enabled by technologies.

AS OF 6/30/2021

CONCENTRATED

32

Businesses

CONVICTION WEIGHTED

48.1%

Top Ten Weight

LONG-TERM ORIENTED

5+ Years

Average Holding Period

VALUE ADDED

5.9%

Annualized Excess Return Since Inception1

1 Annualized Excess Return represents the difference between the strategy’s performance and the benchmark’s performance. The investment results are calculated from the since-inception period for each composite as follows: Tax-Exempt Institutional Equity Composite (TEIEC) for the Select Growth Strategy (Inception Date 2/29/92), Global Growth Equity Composite (GGEC) for the Global Growth Strategy (Inception Date 12/31/08), Emerging Markets Growth Composite (EMGC) for the Emerging Markets Growth Strategy (Inception Date 12/31/12), Global Leaders Equity Composite (GLEC) for the Global Leaders Strategy (Inception Date 3/31/17), Institutional Focus 5 Equity Composite (IF5EC) for the Focus 5 Strategy (Inception Date 4/2/2008) and, Technology Innovators Composite (TIC) for the Technology Innovators Strategy (Inception Date 12/31/10). The investment results shown are net of advisory fees and reflect the reinvestment of dividends and any other earnings. Past performance is no guarantee of future results. Differences in account size, timing of transactions and market conditions prevailing at the time of investment may lead to different results, and clients may lose money.

IMPORTANT INFORMATION: The information provided on this website is not intended as a forecast, a guarantee of future results, investment recommendations, or an offer to buy or sell any securities. Information shown is subject to change. There is no guarantee that Sands Capital will meet its stated goals. Past performance is not indicative of future results. Differences in account size, timing of transactions and market conditions prevailing at the time of investment may lead to different results and clients may lose money. Characteristics, sector exposure and holdings information are subject to change, and should not be considered recommendations. You should not assume that any investment is or will be profitable. GIPS®-compliant presentations and additional disclosures for the related composites may be found at Sands Capital Annual Disclosure Presentation.