Select Growth (SG)

"We think our clients benefit from our ability to build conviction in the strength of fit each company has with our six investment criteria and to stick with these businesses over a long period of time."

Frank M. Sands, CFA

Co-Portfolio Manager, Select Growth Strategy
Select Growth
SG Gross (%) SG Net (%) R1000G (%)

Inception date is February 29, 1992 and periods over one year reflect annualized results. Sands Capital claims compliance with the Global Investment Performance Standards (GIPS®). The performance shown is that of the Sands Capital Management Tax-Exempt Institutional Equity Composite (TEIEC). Additional disclosures regarding the composite and a complete list and description of the firm’s composites and/or a presentation that adheres to the GIPS® standards are available by clicking “TEIEC Performance Disclosure and Composite Description.” The performance shown is compared to the Russell 1000® Growth Index (R1000G) a broad-based securities market index. The Russell 1000® Growth Index is a subset of the Russell 1000® Index, a capitalization-weighted, price-only index which is comprised of 1,000 of the largest capitalized U.S.-domiciled companies whose common stock trades in the United States on the New York Stock Exchange, American Stock Exchange and Nasdaq, and which are included in the Russell 3000® Index. The Russell 1000® Growth Index measures the performance of those Russell 1000® Index companies with higher price-to-book ratios and higher forecasted growth values. Broad-based securities indices are unmanaged and are not subject to fees and expenses typically associated with managed accounts or investment funds. Investments cannot be made directly in a broad-based securities index. Sands Capital Management may invest in securities not covered by the Russell 1000® Growth Index. Differences in accounts size, timing of transactions and market conditions prevailing at the time of investment may lead to different results, and clients may lose money. Differences in the methodology used to calculate performance may also lead to different performance results than those shown. Past performance is not indicative of future results.

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As of 12/31/16
SG Gross (%) SG Net (%) R1000G (%)

Inception date is February 29, 1992. Sands Capital claims compliance with the Global Investment Performance Standards (GIPS®). The performance shown is that of the Sands Capital Management Tax-Exempt Institutional Equity Composite (TEIEC). Additional disclosures regarding the composite and a complete list and description of the firm’s composites and/or a presentation that adheres to the GIPS® standards are available by clicking “TEIEC Performance Disclosure and Composite Description.” The performance shown is compared to the Russell 1000® Growth Index (R1000G) a broad-based securities market index. The Russell 1000® Growth Index is a subset of the Russell 1000® Index, a capitalization-weighted, price-only index which is comprised of 1,000 of the largest capitalized U.S.-domiciled companies whose common stock trades in the United States on the New York Stock Exchange, American Stock Exchange and Nasdaq, and which are included in the Russell 3000® Index. The Russell 1000® Growth Index measures the performance of those Russell 1000® Index companies with higher price-to-book ratios and higher forecasted growth values. Broad-based securities indices are unmanaged and are not subject to fees and expenses typically associated with managed accounts or investment funds. Investments cannot be made directly in a broad-based securities index. Sands Capital Management may invest in securities not covered by the Russell 1000® Growth Index. Differences in accounts size, timing of transactions and market conditions prevailing at the time of investment may lead to different results, and clients may lose money. Differences in the methodology used to calculate performance may also lead to different performance results than those shown. Past performance is not indicative of future results.

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As of 12/31/16
Business SpaceHeld Since
Adobe SystemsIntegrated Software and Services2014
Alexion PharmaceuticalsBiotech Therapeutic Drugs2010
AlibabaInternet Retail2014
AlphabetInternet Search and Media2004
AmazonInternet Retail and Infrastructure-as-a-Service2015
FacebookOnline Media2012
NetflixInternet Video2015
PricelineOnline Travel Reservation Service2011
SalesforceSoftware-as-a-Service2007
VisaPayment Processing2008

These holdings are based on the Tax Exempt Institutional Equity Composite (TEIEC). They are the ten largest holdings by portfolio weight, listed in alphabetical order. Holdings may change at any time and should not be considered a recommendation to purchase or sell any particular security. You should not assume any of the holdings were or will be profitable. This is supplemental information; please refer to TEIEC performance disclosure for additional information. The representative holdings, dated December 31, 2016, account for 57.3% of the representative portfolio's investments.

As of 12/31/16

Select Growth Portfolio Management Team

The Select Growth Portfolio Management (PM) Team works diligently to implement our investment philosophy, constructing a concentrated portfolio of leading growth businesses. The PM team sources ideas from and is supported by our globally integrated research team.

Wesley A. Johnston, CFA

Portfolio Manager
Sr. Research Analyst
Joined Sands Capital in 2004

Sands Capital (2009-2015)
Arlington, VA • Sr. Research Analyst

Sands Capital (2006-2008)
Arlington, VA • Research Analyst

Sands Capital (2004-2006)
Arlington, VA • Research Associate

University of Pennsylvania

BS, Economics (2002)

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Frank M. Sands, CFA

Chief Investment Officer
Chief Executive Officer
Joined Sands Capital in 2000

Sands Capital (2004-2008)
Arlington, VA • President, Director of Research

Sands Capital (2000-2004)
Arlington, VA • Managing Director, Director of Research, Sr. Portfolio Manager

Fayez Sarofim & Co. (1994-2000)
Houston, TX • Research Analyst, Portfolio Manager, Principal

Walker & Dunlop (1989-1991)
Washington, DC • Commercial Real Estate Leasing and Sales

University of Virginia

MBA, Darden School (1994)

Johns Hopkins University

MS, Real Estate Finance & Development (1993)

Washington & Lee University

BA, Economics (1989)

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A. Michael Sramek, CFA

Sr. Portfolio Manager
Research Analyst
Managing Director
Joined Sands Capital in 2001

Sands Capital (2001-2007)
Arlington, VA • Research Analyst, Portfolio Manager

Mastrapasqua & Associates (2000)
Nashville, TN • Research Analyst

BARRA/RogersCasey (1995-1998)
Darien, CT • Associate, Plan Sponsor Services

Vanderbilt University

MBA, Owen Graduate School of Management (2000)

Princeton University

AB, History (1995)

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DISCLAIMER FOR UCITS FUND INVESTORS

This information is intended for investors in the Sands Capital Funds plc ONLY. The contents of this website have been prepared solely for informational purposes. The information contained in this website does not constitute an offer or solicitation and may not be treated as an offer or solicitation:

 

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This site is not directed at you if we are prohibited by any law from making the information on this site available to you. You should satisfy yourself before accessing the site that we would be allowed to provide investment product information to you under the law. If you are unsure as to whether the investment products described in this site are suitable for you, we strongly recommend that you seek professional advice from a registered financial adviser. We have not considered the suitability and/or appropriateness of any investment you may wish to make with us. It is your responsibility to be aware of and to observe all applicable laws and regulations. This site is NOT intended for distribution or use by citizens or residents of the United States. No investment may be offered or sold to citizens or residents of the United States nor in any other country, state or jurisdictions where it would be unlawful to offer or solicit such investments. This restriction also applies to citizens and residents of the United States who may view or access this site while traveling or living outside of the United States. The investment products described on this site are not registered under the U.S. Securities Act of 1933 and may not be directly or indirectly offered or sold in the United States or any of its territories or possessions or areas subject to its jurisdiction or to or for the benefit of a U.S. citizen or U.S. resident.

 

If you are a U.S. citizen or resident, go back to www.sandscapital.com. If you are a non-U.S. citizen and non-U.S. resident, please continue reading the information below.

 

Sands Capital Funds, plc is a Dublin, Ireland-domiciled open-ended umbrella company consisting of the following funds:

 

• Sands Capital US Select Growth UCITS Fund

• Sands Capital Global Growth UCITS Fund

• Sands Capital Emerging Markets Growth UCITS Fund

 

Certain share classes of the offshore fund described in the following pages are registered for sale only in Finland, Norway, Singapore, South Africa, Sweden, and Switzerland. The offering of shares is not a public offer in Norway, and these materials are for the recipient only and may not in any way be forwarded to any other person or to the public in Norway. It is your responsibility to be aware of the applicable laws and regulations of your country. Further information is available in the Prospectus, relevant country supplement or other constitutional document for the fund.

 

The following pages do not constitute an offer or solicitation to sell shares in any of the funds referred to on this site, by anyone in any jurisdiction in which such offer, solicitation or distribution would be unlawful or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such offer or solicitation. Applications to invest in the fund referred to on this site must only be made on the basis of the documents relating to the specific investment (e.g., Prospectus or other applicable terms and conditions).

 

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The information contained on this site is published in good faith but no representation or warranty, express or implied, is made by Sands Capital Management or by any person as to its accuracy or completeness and it should not be relied on as such. You should review the Prospectus and other constitutional documents prior to making any investment decision. No information on this site constitutes investment, tax, legal, investment or any other advice.

 

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Past performance is no guarantee of future performance.

 

The value of investments and the income from them may go down as well as up, and are not guaranteed.

 

You may not get back the amount you invested.

 

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Fluctuation may be particularly marked in the case of a higher volatility fund and the value of an investment may fall suddenly and substantially. For your protection, telephone calls are usually recorded and may be used in the event of any complaint or dispute between us.

 

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