PRVS

About PRVS

The Parnassus Value Select Fund is an actively managed mutual fund that focuses on investing in undervalued stocks within the U.S. equity market. Its primary function is to identify and invest in high-quality companies with strong fundamentals that are trading below their intrinsic value. This fund employs a value investment strategy, focusing on purchasing well-managed companies with strong competitive advantages and solid financials, often in sectors such as technology, healthcare, industrials, and consumer goods. The Parnassus Value Select Fund is notable for integrating environmental, social, and governance (ESG) considerations into its investment process, reflecting a commitment to sustainable and ethical investing practices. The fund's managers prioritize companies that demonstrate responsible business practices, which aligns well with long-term economic and social trends. As part of the broader landscape of value investment funds, the Parnassus Value Select Fund plays a distinctive role by focusing on both financial potential and ethical concerns, making it a significant player in the growing area of socially responsible investing (SRI). This positions the fund to appeal to investors interested in aligning their investments with personal values and sustainability objectives.