NEW YORK, Feb. 9, 2015 /PRNewswire/ -- Tsai Capital Corporation, a leading global equity manager headquartered in New York City, today announced Tsai Passport SMAs, the firm's offering of separately managed accounts.
Tsai Passport SMAs are designed to serve a broad range of clients including corporations, foundations, individuals and trusts. The SMA offering was launched by Tsai Capital in January 1998. Through December 31, 2014, its 15-year net return to clients was 154.53 percent, compared with a total return of 86.48 percent for the S&P 500 Index (please see important disclosures below).*
"This product is for investors who require more than a 'one size fits all' strategy," said Christopher Tsai, President and Chief Investment Officer of Tsai Capital Corporation. "Tsai Passport SMAs offer clients the flexibility to enhance current income, for example, or to avoid investments in certain industries."
In addition to Tsai Passport SMAs, which have a minimum investment requirement of $250,000, Tsai Capital offers a long/short global equity fund, which is an investment partnership with a highly-focused strategy for qualified investors. For both of these products, the firm seeks long-term investments in high-quality, growth companies that offer significant upside potential and a margin of safety at the time of purchase.
"Over the past 15 years, we have had a very strong track record. While past performance never guarantees future results, in the years to come, we look forward to assisting our clients in building and protecting their wealth," Tsai stated.
To learn more about Tsai Passport SMAs, please visit: www.tsaicapital.com.
About Tsai Capital Corporation
Tsai Capital Corporation is a global equity manager headquartered in New York City. Through original, in-depth research that digs deep into a company's operations, Tsai Capital seeks long-term investments in a limited number of high-quality, growth companies that offer significant upside potential and a margin of safety at the time of purchase. The company was founded in 1997 by Christopher Tsai, President and Chief Investment Officer. Tsai Capital is an SEC-registered investment adviser. For more information, please visit: www.tsaicapital.com.
*Past performance is not indicative of future results. Individual account performance and investment management fees incurred by clients may vary, as fees for smaller accounts are higher, on a percentage basis, than for larger accounts. Not all accounts included in the composite performance information were managed for the full period referenced above and some accounts managed for shorter timeframes experienced significantly less favorable comparative results. Performance data excludes Tsai family and related accounts, accounts with net assets below $200,000 and accounts that are considered "nondiscretionary" by the adviser due to client-mandated or other account restrictions. Returns include the reinvestment of dividends, interest and other earnings.
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Contact: Kati Bergou, 212-843-9314
SOURCE Tsai Capital Corporation