# Sands Capital Global Growth Fund Institutional Shares (SCMGX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/scmgx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2010-03-31 This fund's main goal is to achieve significant capital growth over an extended timeframe. Under typical market conditions, it primarily allocates investments to the stock of publicly traded businesses worldwide, covering both mature and emerging economies. The Advisor expects to diversify holdings across a minimum of three nations, including the United States. Moreover, at least 40% of the fund's total net assets—plus any capital borrowed for investment—is slated for companies operating outside of the U.S. ## Key Facts | Metric | Value | |---|---| | Price | $23.16 | | Expense Ratio | 0.97% | | Assets Under Management | $754.2M | | NAV | $23.16 | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | $10.32 /share | | Distribution Frequency | Irregular | | 52-Week Range | $19.10 – $34.85 | | Beta | 1.40 | ## Latest Distribution - Amount: $0.0228 /share - Ex-date: 2025-12-30 - Pay date: 2025-12-31 ## Frequently Asked Questions ### What does SCMGX invest in? This fund's main goal is to achieve significant capital growth over an extended timeframe. Under typical market conditions, it primarily allocates investments to the stock of publicly traded businesses worldwide, covering both mature and emerging economies. The Advisor expects to diversify holdings across a minimum of three nations, including the United States. Moreover, at least 40% of the fund's total net assets—plus any capital borrowed for investment—is slated for companies operating outside of the U.S. ### What is the expense ratio of SCMGX? Sands Capital Global Growth Fund Institutional Shares (SCMGX) charges an expense ratio of 0.97%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SCMGX? Sands Capital Global Growth Fund Institutional Shares (SCMGX) manages $754.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is SCMGX actively managed or an index fund? SCMGX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SCMGX's is 0.97%) in exchange for the discretion to over- or under-weight positions. ### When was SCMGX launched? Sands Capital Global Growth Fund Institutional Shares (SCMGX) launched in March 2010 and is managed by the fund issuer. ### How has SCMGX performed? SCMGX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does SCMGX pay a dividend? Sands Capital Global Growth Fund Institutional Shares (SCMGX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SCMGX pay dividends? Sands Capital Global Growth Fund Institutional Shares pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SCMGX's dividend yield? SCMGX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is SCMGX's next ex-dividend date? The most recently announced ex-dividend date for SCMGX was 2025-12-30. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will SCMGX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.97% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SCMGX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SCMGX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SCMGX cost more than a fund like VOO? SCMGX is actively managed (current expense ratio 0.97%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether SCMGX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to SCMGX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SCMGX (0.97%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/scmgx - Distribution history: https://www.dividenddata.com/funds/scmgx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/scmgx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/scmgx/expenses - Peer comparison: https://www.dividenddata.com/funds/scmgx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.