Sustainable Growth Advisers
Sustainable Growth Advisers Global Growth Strategy
Jun 2026 → Jun 2026
Our archive holds 1 letter from this strategy, behind 6 investment theses and positions in 25 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year — follow all of Sustainable Growth Advisers for every strategy.
Performance
as of Jun 30, 2026 · net of fees · USD · SGA Global Growth (Net)
- YTD−7.6%
- 1Y+4.8%
- 3Y · /yr−0.1%
- 5Y · /yr+9.3%
- 10Y · /yr+9.1%
- Inception · /yr+9.6%
Index: MSCI ACWI Net TR Index
| YTD | 1Y | 3Yper year | 5Yper year | 10Yper year | Since inceptionper year | |
|---|---|---|---|---|---|---|
| Sustainable Growth Advisers Global Growth Strategy | −7.6% | +4.8% | −0.1% | +9.3% | +9.1% | +9.6% |
| MSCI ACWI Net TR Index | — | — | — | — | — | — |
Calendar years
- 2025+3.1%index +22.3%
- 2024+11.1%index +17.5%
- 2023+27.1%index +22.2%
- 2022−26.0%index −18.4%
- 2021+8.9%index +18.5%
- 2020+30.8%index +16.3%
- 2019+32.3%index +26.6%
- 2018−1.7%index −9.4%
- 2017+33.2%index +24.0%
- 2016+3.6%index +7.9%
Disclaimer
These figures are copied from the manager’s latest letter, as of Jun 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
Positions in Amazon, Arm Holdings, Fast Retailing, and Nvidia were trimmed on strength.
positions in Universal Music Group, Alcon, and Intuit were exited.
We added to the position on weakness during the quarter, raising the target to an average weight.
Positions in Amazon, Arm Holdings, Fast Retailing, and Nvidia were trimmed on strength.
Our position in CPKC was trimmed given headline risk from USMCA negotiations and Alibaba was trimmed due to government cloud competition concerns.
New positions in Linde, Equinix, Schneider Electric, Arista Networks, Galderma, and Disco were initiated; positions in Universal Music Group, Alcon, and Intuit were exited.
New positions in Linde, Equinix, Schneider Electric, Arista Networks, Galderma, and Disco were initiated; positions in Universal Music Group, Alcon, and Intuit were exited.
Positions in Amazon, Arm Holdings, Fast Retailing, and Nvidia were trimmed on strength.
New positions in Linde, Equinix, Schneider Electric, Arista Networks, Galderma, and Disco were initiated; positions in Universal Music Group, Alcon, and Intuit were exited.
New positions in Linde, Equinix, Schneider Electric, Arista Networks, Galderma, and Disco were initiated; positions in Universal Music Group, Alcon, and Intuit were exited.
We added to the position on weakness during the quarter, raising the target to an average weight.
New positions in Linde, Equinix, Schneider Electric, Arista Networks, Galderma, and Disco were initiated; positions in Universal Music Group, Alcon, and Intuit were exited.
Positions in Amazon, Arm Holdings, Fast Retailing, and Nvidia were trimmed on strength.
Our position in CPKC was trimmed given headline risk from USMCA negotiations and Alibaba was trimmed due to government cloud competition concerns.
positions in Universal Music Group, Alcon, and Intuit were exited.
positions in Universal Music Group, Alcon, and Intuit were exited.
New positions in Linde, Equinix, Schneider Electric, Arista Networks, Galderma, and Disco were initiated; positions in Universal Music Group, Alcon, and Intuit were exited.
Also held
Its investment theses
- LindeJun 2026Linde is a durable industrial gas compounder with recurring contracts, pricing power, and structural growth tailwinds across key end markets.
- EquinixJun 2026Equinix is a recurring-revenue data center compounder with network effects, pricing power, and AI-driven secular growth.
- Arista NetworksJun 2026Arista Networks is a high-margin networking compounder with sticky hyperscaler relationships and durable AI/cloud networking demand.
- GaldermaJun 2026Galderma is a dermatology platform with recurring consumable revenue, pricing power, and multiple growth drivers in aesthetics and therapeutics.
- Arm HoldingsJun 2026Arm Holdings is a recurring royalty compounder with pricing power and AI-driven CPU adoption across data centers and devices.
- AlphabetJun 2026Alphabet is a high-quality AI beneficiary with network effects, recurring revenues, and long-term digital advertising and cloud growth.