Virtus GF SGA Global Growth Fund

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UCITS Equity Global Equity

Virtus GF SGA Global Growth Fund

Inception Date
(Class D Acc.)
Total Expense Ratio
(Class D Acc.)
Base Currency
Convenience Pricing
Index Name
MSCI AC World Index (net)

Product Overview

Investment Partner

Sustainable Growth Advisers, LP

Founded in 2003, Sustainable Growth Advisers is a growth equity manager focused on high-conviction U.S., global, emerging markets, and international portfolios.

Learn more about Sustainable Growth Advisers, LP

This is a marketing communication. Please refer to the prospectus of the UCITS and to the PRIIPS KID/KIID before making any final investment decisions.

Investment Overview

  • SGA strives to identify differentiated high-quality global businesses that offer strong pricing power, recurring revenue streams, long runways of growth, strong cash flow generation, and management teams that have proven to be good stewards of capital. Companies that possess such characteristics form SGA's Qualified Company List of approximately 120 businesses. From it, a concentrated portfolio of 25-35 stocks is created based on an analysis of the cash flowbased valuation of the candidate companies and the long-term investment opportunity they offer.
  • Investors invest in shares of the Fund. The Fund is suitable for long term investors seeking capital appreciation and prepared to accept a moderate to high level of volatility.
  • The Fund is actively managed. The Fund uses the MSCI AC World Index (net) as a comparator benchmark but not to constrain portfolio composition or as a target for performance.

This fund is registered in the following countries: Denmark, Germany, Italy, Norway, Sweden, Spain, the UK, and South Africa

Risk Considerations

Equity Securities: The market price of equity securities may be adversely affected by financial market, industry, or issuer-specific events. Focus on a particular style or on small, medium, or large-sized companies may enhance that risk.
Foreign & Emerging Markets: Investing in foreign securities, especially in emerging markets, subjects the portfolio to additional risks such as increased volatility, currency fluctuations, less liquidity, and political, regulatory, economic, and market risk.
Market Volatility: The value of the securities in the portfolio may go up or down in response to the prospects of individual companies and/or general economic conditions. Local, regional, or global events such as war or military conflict, terrorism, pandemic, or recession could impact the portfolio, including hampering the ability of the portfolio's manager(s) to invest its assets as intended.
Limited Number of Investments: Because the portfolio has a limited number of securities, it may be more susceptible to factors adversely affecting its securities than a portfolio with a greater number of securities.
Industry/Sector Concentration: A portfolio that focuses its investments in a particular industry or sector will be more sensitive to conditions that affect that industry or sector than a non-concentrated portfolio.
Technology Concentration: Because the portfolio is presently heavily weighted in the technology sector, it will be impacted by that sector's performance more than a portfolio with broader sector diversification.
ESG: The portfolio's consideration of ESG factors could cause the portfolio to perform differently from other portfolios. While the subadviser believes that the integration of ESG factors into the portfolio's investment process has the potential to contribute to performance, ESG factors may not be considered for every investment decision and there is no guarantee that the integration of ESG factors will result in better performance.
Currency Rate: Fluctuations in the exchange rates between the U.S. dollar and foreign currencies may negatively affect the value of the portfolio's shares.
Depositary Receipts: Investments in foreign companies through depositary receipts may expose the portfolio to the same risks as direct investments in securities of foreign issuers.
Prospectus: For additional information on risks, please see the fund's prospectus.

This link will direct you to the FUNDINFO site for Virtus GF SGA Global Growth Fund fund documents and data. By accessing the FUNDINFO site you acknowledge that you are not a U.S. Person.

Fund Codes

Share Class ISIN Currency Bloomberg
A Shares Accumulating IE00BDR6MB68 USD SGGEGAA
D Shares Accumulating IE00BDR6MJ45 USD SGGEGDA
D Shares Distributing IE00BDR6MK59 USD SGGEGDI
E Shares Accumulating IE00BDR6ML66 GBP SGGEGEA
E Shares Distributing IE00BDR6MM73 GBP SGGEGEI
F Shares Accumulating IE00BDR6MN80 EUR SGGEGFA
I Shares Accumulating IE00BMBWV835 USD SGGEGIU
J Shares Accumulating IE00BM9G7C35 USD SGGEGJA
J Shares Distributing IE00BMFZRT11 USD SGGEGJI
K Shares Distributing IE00BM9G7D42 GBP SGGEGKI
L Shares Accumulating IE00BM9G7F65 EUR SGGEGLA
M Shares Accumulating IE000HZR3Q53 GBP VITHYKM
M Shares Accumulating IE000SOHBW78 EUR SGGBREA
M Shares Accumulating IE000NL9UX40 USD VIRTUSD
M Shares Accumulating (H) IE00Q9KNH91 NOK VIRTYIW
M Shares Accumulating (U) IE000BEMXWX1 NOK VISGMUN
M Shares Accumulating (U) IE000Q9Z2005 CAD VISGMUC
R Shares Accumulating IE00BMBWV942 USD SGGEGRU


Step 1:
Qualified Company List

SGA analyzes thousands of businesses to arrive at approximately 120 companies that qualify for investment. The focus is on companies with earnings and revenue growth at a significantly higher level than that of the average stock in the MSCI ACWI Index.

Step 2:
Evaluate Growth Trajectory

Through analysis of:

  • Pricing Power
  • Recurring Revenues
  • Global Opportunity
  • Financial Strength
  • Management Strength

Step 3:

Cash flow is the ultimate arbiter of value for SGA. They focus on two metrics:

  1. A 10-year discounted cash flow model.
  2. Enterprise Yield: the true free cash flow available to shareholders divided by total market cap.

Investment Professionals

Hrishikesh (HK) Gupta 150 x150

Hrishikesh (HK) Gupta

Portfolio Manager and Analyst

Industry start date: 2009
Start date as fund Portfolio Manager: 2021

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Kishore Rao 150 x 150

Kishore Rao

Portfolio Manager and Analyst

Industry start date: 1997
Start date as fund Portfolio Manager: 2022

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Rohn, Rober

Robert L. Rohn

Co-Founding Principal

Industry start date: 1983
Start date as fund Portfolio Manager: 2017

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Related Literature

Marketing Materials

Virtus GF SGA Global Growth Fund Fact Sheet
Virtus GF SGA Global Fund Fund Fact Sheet - Chinese
Virtus GF SGA Global Fund Fund Fact Sheet - Spanish
Virtus GF SGA Global Growth Fund Commentary
SGA: A Natural Emphasis on ESG - UCITS
Virtus GF SGA Global Growth Fund Presentation

Fund Resources

Virtus Global Funds UCITS Daily NAV Report
Virtus Global Funds ICAV Application
Virtus Global Funds ICAV Additional Subscription Form
Virtus Global Funds ICAV Redemption Form
Virtus Global Funds Codes & Fee Schedule
Virtus GF SGA Global Growth Fund Performance Report
Virtus Global Funds Distribution Contact Info
2023 Virtus Global Funds Holiday Calendar
2024 Virtus Global Funds Distribution Calendar
2024 Virtus Global Funds Holiday Calendar
UCITS Fund Summaries
Morningstar - Quarterly Ratings - Virtus Global Funds
Virtus Global Funds Shareholder Engagement Policy
Virtus Global Funds Cookie Policy
Virtus Global Funds Privacy Notice

Regulatory Documents

Virtus Global Funds ICAV Prospectus
Virtus GF SGA Global Growth Fund Supplement - May 17, 2023
UK Reporting Fund Status Report to Investors - Virtus Global Funds ICAV
Virtus GF SGA Global Growth Fund – Sustainability-related Disclosures (SFDR)
Virtus Global Funds ICAV Semiannual Report
Virtus Global Funds ICAV Annual Report
Virtus Global Funds ICAV Prospectus - Germany
Virtus ICAV Supplement – UK – May 2023
Virtus GF SGA Global Growth Fund Supplement – UK – April 2021


Virtus GF SGA Global Growth Fund Monthly Holdings

The Virtus Global Funds (the “Funds”) are comprised of an open-ended investment company and an open-ended Irish collective asset-management vehicle, each of which is structured as an umbrella fund with segregated liability between sub-funds and each of which is authorised, formed and regulated under the laws of Ireland as an Undertaking for Collective Investment in Transferable Securities (“UCITS”). The offering of the shares of the Virtus Global Funds is restricted in many jurisdictions and investors must inform themselves of and observe applicable restrictions in their jurisdiction.  The Funds are distributed by VP Distributors, LLC, One Financial Plaza, Hartford, CT  06103, USA.  The Funds’ current prospectuses and PRIIPS KID/KIID contain more information as well as the risks of investing and may be obtained free of charge from BNY Mellon Fund Services (Ireland) Designated Activity Company, Wexford Business Park, Rochestown, Drinagh, Wexford Y35 VY03 Ireland Phone: (+353 21) 438 00 99, or by visiting  The Funds have not been registered under the United States Investment Company Act of 1940, as amended, or the United States Securities Act of 1933, as amended, and are not available for sale in the U.S. or to U.S. Persons.  Please see the Funds’ prospectus for a definition of U.S. Person.