Sands Capital, an investment management company, released its “Sands Capital Technology Innovators Fund” Q4 2024 investor letter. A copy of the same can be downloaded here. Technology Innovators focus on pioneering businesses worldwide that serve as key drivers or beneficiaries of significant long-term changes driven by technology. The fund returned 5.5% (net) in the fourth quarter compared to 4.4% return for the benchmark, MSCI ACWI Info Tech and Communication Services Index. The fund returned 37.7% over the one year period compared to 31.6 % return for the Index. You can check the...
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