PFPRX – Parnassus Mid Cap Growth Institutional Investment Strategy | Morningstar

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Strategy

The investment seeks capital appreciation. The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in mid-sized growth companies. The fund will not automatically sell or cease to purchase stock of a company it already owns just because the company's market capitalization grows or falls outside the ranges of the Russell Midcap® Growth Index, which are subject to change. The fund may normally invest up to 20% of its net assets in smaller- and larger-capitalization companies.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PARNX	Parnassus Mid Cap Growth Fund - Investor	No Load	Open			Dec 27, 1984	$623.87M	0.800%	Below Average	$2,000	−$57.78M
PFPRX	Parnassus Mid Cap Growth Fund - Institutional	Institutional	Open			Apr 30, 2015	$186.11M	0.680%	Below Average	$100,000	−$17.25M

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