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The Parnassus Endeavour fund (https://www.parnassus.com/parnassus-mutual-funds/endeavor/investor-shares/ https://www.parnassus.com/parnassus-mutual-funds/endeav
by tjalfi 10y ago
The Parnassus Endeavour fund (https://www.parnassus.com/parnassus-mutual-funds/endeavor/investor-shares/ https://www.parnassus.com/parnassus-mutual-funds/endeavor/in...) is partially based on employee satisfaction.
Here is an excerpt from an interview [0] with the portfolio manager.
John Rotonti: How do you define a high-quality business?
Jerome Dodson: Parnassus Investments defines high-quality companies as those with competitive advantages, quality management, and responsible business practices. I believe a high-quality workplace is one of the indicators of company quality. That's why the Endeavor Fund, which was originally named the Workplace Fund, focuses on investing in good workplaces.
[0] (https://www.fool.com/investing/2016/12/19/interview-with-jerome-dodson-of-parnassus-investme.aspx https://www.fool.com/investing/2016/12/19/interview-with-jer...)