PRCS
Parnassus Core Select ETF
📎 Investment Objective
The Parnassus Core Select ETF seeks to provide long-term capital appreciation by investing in a concentrated portfolio of high-quality companies that the fund's managers believe have sustainable competitive advantages and attractive growth prospects.
Overview
ETF tracking Parnassus Core Select ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Parnassus Core Select ETF seeks to provide long-term capital appreciation by investing in a concentrated portfolio of high-quality companies that the fund's managers believe have sustainable competitive advantages and attractive growth prospects.
🎯 Investment Strategy
The fund's managers use fundamental research to identify companies that they believe are undervalued and have the potential for long-term growth. The portfolio is typically concentrated in 25-35 stocks across a range of sectors, with a focus on companies that demonstrate strong environmental, social, and governance (ESG) practices.
✨ Key Features
- Actively managed, concentrated portfolio of high-quality companies
- Emphasis on sustainable, socially responsible investing
- Experienced management team with a long-term investment horizon
- Low expense ratio compared to many actively managed funds
⚠️ Primary Risks
- Concentration risk: The fund's concentrated portfolio may be more volatile than a more diversified fund
- Market risk: The value of the fund's holdings may decline due to general market conditions
- Equity risk: The fund's investments in stocks are subject to the risk of stock market fluctuations
- ESG risk: The fund's focus on ESG factors may result in it forgoing certain investment opportunities
👤 Best For
The Parnassus Core Select ETF may be suitable for long-term investors seeking capital appreciation and exposure to a portfolio of high-quality, socially responsible companies. Investors should have a moderate to high risk tolerance and a long-term investment horizon to accommodate the fund's concentrated nature and potential volatility.