Parnassus Value Select ETF

Parnassus Value Select ETF is an actively managed U.S. large-cap value ETF that seeks capital appreciation through a concentrated portfolio of about 20 to 30 equity holdings. Parnassus Value Select ETF focuses on undervalued companies that the manager believes are temporarily out of favor, with an emphasis on strong financial characteristics and sustainable business practices. The fund’s portfolio spans multiple sectors, including technology, financials, industrials, healthcare, and consumer-related businesses, giving it exposure to a broad cross-section of large U.S. companies. It is designed for investors seeking diversified participation in value-oriented equities through a disciplined selection process rather than a passive index approach. By concentrating on a relatively small number of holdings, Parnassus Value Select ETF plays a targeted role in the market as a value-focused vehicle within the U.S. large-cap segment.