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Parnassus Endeavor Fund
|Parnassus Endeavor Fund|
|Last update 2021-10-19||42 Stocks (2 new)|
|Value $4.84 Bil||Turnover 8 %|
|Guru Portfolio Report Download|
Parnassus Endeavor Fund Investing Philosophy
The Parnassus Endeavor Fund invests in U.S. large cap companies with long-term competitive advantages and relevancy, quality management teams and positive performance on ESG criteria The fund holds companies with outstanding workplaces and avoids investments in fossil fuels. The portfolio managers seek to outperform the S&P 500 Index by purchasing the stocks of quality companies when they are deeply discounted. The managers are willing to accept the widest range of outcomes of the Parnassus funds for stocks they believe are only temporarily trading at low prices.