Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Parnassus Core Equity PRBLX seems to be a well-regarded fund. I read far less about Parnassus Value Equity PARWX. Does anyone own this fund or have any thoughts about it?
It was originally focused on companies that have a good work place. At that time it was the Endeavor fund. It morphed into a value fund as Dodson plotted his departure.
PRBLX has also experienced some serious style drift in my opinion.
Parnassus funds do have the virtue of being among the least expensive in the ESG space. But take a close look at what they are up to now, instead of what they were doing a few years ago. If the shoe fits . . .
Comments
It was originally focused on companies that have a good work place. At that time it was the Endeavor fund. It morphed into a value fund as Dodson plotted his departure.
PRBLX has also experienced some serious style drift in my opinion.
Parnassus funds do have the virtue of being among the least expensive in the ESG space. But take a close look at what they are up to now, instead of what they were doing a few years ago. If the shoe fits . . .
https://www.mutualfundobserver.com/discuss/discussion/59048