The Wall Street Journal: Category Kings
The performance of the Parnassus Fund and the Parnassus Workplace Fund is highlighted in the Wall Street Journal.
October 3, 2012
The Parnassus Fund and the Parnassus Workplace Fund appeared in the Category Kings section of The Wall Street Journal. The top ten funds appear in each category, and are ranked according to one-year returns. The Workplace Fund was one of the top performing in the Large-Cap Core Category. The big winner was the Parnassus Fund, which came in first out of 806 funds in the Multi-Cap Core category. The full rankings are available by following the links below.
Multi-Cap Core – Full Rankings [external link]
Large-Cap Core – Full Rankings [external link]
Performance quoted in the article may not be current.
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The Wall Street Journal “Category Kings” rankings are based on Lipper categories. The Parnassus Fund ranked first out of 806 funds in the Multi-Cap Core category and Parnassus Workplace Fund ranked ninth out of 321 funds in the Large-Cap Core category. The top performing funds in each of 22 categories are ranked by one-year total returns (changes in net asset values with reinvested distributions) as of September 28, 2012; assets are as of August 31, 2012.
For the one -,three-, five- and ten-year periods, the Parnassus Fund ranked 1 of 806 funds, 200 of 687 funds, 27 of 595 funds and 86 of 345 funds, respectively in the Multi-Cap Core category. For the one -,three- and five year periods, the Parnassus Workplace Fund ranked 19 of 950 funds, 146 of 867 funds, and 3 of 761, respectively in the Large-Cap Core category. Since inception on April 29, 2005, it placed eighth out of 617 funds.