Parnassus Investments Expands Into ETFs: PRCS and PRVS

How These ETFs Work

The Parnassus Core Select ETF

and the Parnassus Value Select ETF

PRVS

-1.05%

each feature a concentrated portfolio of approximately 25 U.S. large-cap stocks, handpicked by experienced portfolio management teams. PRCS focuses on growth-oriented, durable businesses with strong fundamentals and long-term potential, while PRVS targets undervalued stocks that are temporarily out of favor but present recovery opportunities.

The funds are managed by seasoned teams: PRCS is overseen by Todd Ahlsten, Benjamin Allen, and Andrew Choi, while PRVS is led by Billy Hwan and Krishna Chintalapalli. This disciplined, active management approach emphasizes deep research and conviction, aiming to outperform broader market benchmarks through selective stock picking.

Why Investors Should Consider These ETFs

These ETFs offer unique benefits to investors seeking actively managed strategies within an efficient ETF structure. PRCS

provides access to durable, high-growth companies, ideal for those focused on long-term returns. PRVS

PRVS

complements this by offering exposure to undervalued stocks, perfect for value-oriented investors.

Both funds reflect Parnassus’s commitment to sustainable investing, integrating environmental, social, and governance (ESG) factors into the investment process. This alignment with principles and performance makes them attractive to responsible investors. As Benjamin Allen, CEO of Parnassus Investments, explained: “Over our 40-year history, Parnassus has earned a reputation for high-conviction stock picking. These new ETFs comprise our best ideas in pursuit of outperformance.”

About the Issuer

Founded in 1984, Parnassus Investments has built a reputation as a pioneer in sustainable investing, managing a range of mutual funds and now ETFs. With a focus on high-conviction strategies and ESG principles, Parnassus has become a trusted name among investors seeking responsible, long-term financial solutions. The launch of PRCS and PRVS marks a new chapter for the firm, broadening its reach to meet the needs of ETF investors while staying true to its mission of delivering strong performance and principled investing.

 

Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.