Get Your 7-Day Free Trial!
|Last update 2021-07-12||45 Stocks (1 new)|
|Value $1.13 Bil||Turnover 3 %|
|Guru Portfolio Report Download|
Jerome Dodson Investing Philosophy
The Parnassus Fund invests across the capitalization spectrum with high conviction in approximately 40 holdings. The Fund focuses on identifying companies with: a) Wide moats or strong competitive advantages that protect market share and profitability b) Relevancy over the long term, which provides a compounding growth component c) Quality management teams that will act in the best interest of shareholders d) Stocks trading at a significant discount to their intrinsic value The Fund's contrarian approach seeks to invest in companies that are currently out of favor with the majority of investors. The Fund strives to outperform the S&P 500 index with a high active share. The Fund avoids companies engaged in the extraction, exploration, production, manufacturing, or refining of fossil fuels.