Kiplinger

Parnassus Mid Cap’s Bets on Industrials and Tech Take Off

The past year was full of highs and lows in the stock market overall. But for midsize company stocks, 2020 was less extreme. “I would put it smack in the middle,” says  () comanager Matt Gershuny. Over, the list of our favorite no-load funds, gained 9.5%. That beat 76% of its peers, but lagged the 10.0% gain in the fund’s benchmark, the Russell Midcap index.

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