PRVS
Parnassus Value Select ETF
📎 Investment Objective
The Parnassus Value Select ETF seeks to provide long-term capital appreciation by investing in a portfolio of undervalued stocks that exhibit strong fundamentals and growth potential.
Overview
ETF tracking Parnassus Value Select ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Parnassus Value Select ETF seeks to provide long-term capital appreciation by investing in a portfolio of undervalued stocks that exhibit strong fundamentals and growth potential.
🎯 Investment Strategy
The fund employs a value-oriented investment approach, seeking to identify companies that are trading at a discount to their intrinsic value. The portfolio managers use a combination of quantitative and qualitative analysis to select stocks with attractive valuation metrics, solid financial health, and competitive advantages.
✨ Key Features
- Focuses on undervalued stocks with strong fundamentals
- Utilizes a value-oriented investment approach
- Diversified portfolio of primarily large-cap U.S. stocks
- Actively managed by experienced value investors
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market conditions
- Equity risk: The fund is subject to the risks associated with investing in the stock market
- Sector concentration risk: The fund may have a significant allocation to certain sectors, which could increase volatility
- Active management risk: The fund's performance may deviate from the broader market due to the investment decisions of the portfolio managers
👤 Best For
The Parnassus Value Select ETF may be suitable for long-term investors seeking exposure to a portfolio of undervalued U.S. stocks with the potential for capital appreciation. This fund may be appropriate for investors with a moderate to high-risk tolerance who are willing to hold their investment for an extended period.