SCMGX Performance — Sands Capital Global Growth Fund, Institutional Class
Data updated: 2026-09-28
SCMGX returned −1.83% year to date and −1.52% over one year to Jul 2026. Annualised returns are +9.78% over 3 years and −1.60% over 5 years. The fund trailed its Global Large Growth category average: $100 invested three years ago grew to $132, against $152 for the category, and to $98 over one year, against $113. Volatility over the past three years was 21.21% a year. In the 12 months to Jul 2026 the fund lost a net $217.8M, and assets reached $661.21M.
SCMGX Growth of $100
What $100 invested in Sands Capital Global Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Large Growth category average over the same months.
| Period | SCMGX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $98 | $113 |
| 3 years (Aug 2023 – Jul 2026) | $132 | $152 |
| 5 years (Aug 2021 – Jul 2026) | $92 | $139 |
| Since data start (Aug 2019 – Jul 2026) | $165 | $214 |
SCMGX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −1.83% |
| 1 year | −1.52% |
| 3 years (annualised) | +9.78% |
| 5 years (annualised) | −1.60% |
SCMGX Annual Returns
Calendar-year total returns of Sands Capital Global Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −1.83% |
| 2025 | +14.69% |
| 2024 | +29.75% |
| 2023 | +6.73% |
| 2022 | −33.18% |
| 2021 | +9.96% |
| 2020 | +41.24% |
| 2019 (Aug–Dec) | +1.71% |
SCMGX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −4.7% | +13.1% | −8.6% | −2.6% | −4.5% | +1.8% | +5.2% | — | — | — | — | — |
| 2025 | +9.7% | +5.6% | −9.7% | −2.6% | −2.6% | +5.1% | +9.6% | +2.9% | −0.3% | +1.0% | −3.7% | +0.6% |
| 2024 | +16.1% | −6.6% | +3.0% | +7.2% | −4.0% | +2.2% | +1.0% | −1.5% | +2.3% | +3.8% | +7.0% | −2.2% |
| 2023 | +5.8% | −2.4% | +6.1% | −3.1% | +3.6% | +3.5% | +3.4% | −4.4% | −7.8% | −5.9% | +1.0% | +8.1% |
| 2022 | −5.7% | −17.7% | −1.6% | −3.8% | +14.3% | −12.3% | −6.1% | +6.9% | −11.4% | −4.6% | +13.6% | −5.8% |
| 2021 | +10.0% | +5.0% | −3.0% | +2.3% | +2.9% | +6.1% | −0.8% | +6.0% | −4.7% | +5.0% | −14.4% | −2.5% |
| 2020 | +4.5% | +15.5% | −10.0% | −4.8% | +4.3% | +5.7% | +10.8% | −1.9% | +0.9% | +7.5% | −0.3% | +5.4% |
| 2019 | — | — | — | — | — | — | — | +4.3% | −2.1% | −3.3% | +0.2% | +2.9% |
SCMGX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 21.21%
- 3-year Sharpe ratio: 0.25 (vs 4.5% risk-free rate)
- Best month: +16.14% (Jan 2024)
- Worst month: −9.70% (Mar 2025)
SCMGX Fund Flows
Monthly money in and out of Sands Capital Global Growth Fund, from SEC Form N-PORT.
- 12-month net flow: −$217.8M
- 12-month gross sales (incl. reinvestments): $291.7M
- Sales ÷ redemptions: 0.57×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $8.8M | $12.0M | −$3.2M |
| Jun 2026 | $466K | $79.6M | −$79.1M |
| May 2026 | $1.0M | $57.7M | −$56.7M |
| Apr 2026 | $1.8M | $12.1M | −$10.3M |
| Mar 2026 | $1.8M | $13.0M | −$11.2M |
| Feb 2026 | $2.2M | $29.5M | −$27.4M |
| Jan 2026 | $840K | $10.4M | −$9.5M |
| Dec 2025 | $274.4M | $37.1M | $237.3M |
| Nov 2025 | $3.9M | $15.2M | −$11.3M |
| Oct 2025 | $1.2M | $2.3M | −$1.0M |
| Sep 2025 | $2.9M | $10.7M | −$7.8M |
| Aug 2025 | −$7.6M | $230.0M | −$237.6M |
SCMGX Assets Under Management
Net assets of Sands Capital Global Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $661.21M |
| 2026-04-30 | $779.20M |
| 2026-01-31 | $824.26M |
| 2025-10-31 | $956.24M |
| 2025-07-31 | $1.16B |
| 2025-04-30 | $1.10B |
| 2025-01-31 | $1.26B |
| 2024-10-31 | $1.26B |
| 2024-07-31 | $1.26B |
| 2024-04-30 | $1.41B |
| 2024-01-31 | $1.36B |
| 2023-10-31 | $1.12B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.