The TCM Multi-Cap Growth Strategy is Tran Capital Management’s flagship strategy, seeking long-term capital appreciation through a concentrated portfolio of high-quality businesses across the market-cap spectrum. Our flexible approach allows us to invest wherever we identify the most compelling opportunities, without being constrained by traditional market-cap categories or benchmark weights.
We invest with a long-term ownership mindset, focusing on companies with durable competitive advantages, exceptional management teams, disciplined capital allocation, and long runways for growth. Through rigorous fundamental research and high-conviction investing, we seek to build a differentiated portfolio of businesses capable of compounding earnings and free cash flow over many years.
(1) Past performance is not indicative of future results. The actual return and value of an account will fluctuate and at any point in time could be worth more or less than the amount initially invested. Performance is provided as supplemental information and is based on the Multi-Cap Growth Equity Strategy Composite. Performance results reflect all income, gains and losses and the reinvestment of interest and other income. All rates of return are reported “NET” of fees. Additional information regarding the policies for calculating and reporting returns is available upon request.
(2) The S&P 500® is an unmanaged stock market index and is not available for direct investment. The S&P 500® Index represents the stocks of 500 leading U.S. publicly-traded companies from a broad range of industries. The performance of an unmanaged index reflects no deductions for fees, expenses or taxes which would affect performance of actively managed assets. The volatility of the S&P 500® Index may be greater or less than the volatility of the portfolios in the composite. PSN All Cap Core Universe is provided by Informa Investment Solutions, Inc.(PSN) and is not available for direct investment. The holdings presented represent the model portfolio and are classified using Global Industry Classification Standards (GICS).
20-25 all-cap companies, our highest conviction ideas
The portfolio is consistently ~85% different from the market
Well-managed companies that can compound growth of our clients’ investment capital over time
Looking beyond the market consensus view toward true contributors to long term shareholder value creation
Managing for attractive after-tax returns
Seeking to ensure agility thus improving opportunity for superior risk-adjusted return
Managed for risk-adjusted returns without regard to tracking error. Mindful of sector and country weightings but focused on best ideas
Continuous portfolio and company monitoring with proprietary “moat trajectory” analysis
The Multi-Cap Growth portfolio is constructed from the bottom up, based on discovery and analysis conducted with a long-term, fundamentals-based perspective.
Current and future portfolio holdings are subject to change and risk. References to these companies are not a solicitation or a recommendation to buy, hold or sell any securities. The holdings presented are classified using Global Industry Classification Standards (GICS).
