About PHSWX
The Parvin Hedged Equity Solari World Fund is a diversified mutual fund designed to provide capital preservation, current income, and growth by investing primarily in global equities. Its investment strategy targets risk-averse investors seeking exposure to stock market gains while mitigating downside risk. The fund applies a governance-focused screening process, first evaluating potential investments for robust corporate governance and low exposure to institutional corruption, environmental harm, or inequitable practices. After this screen, the fund selects well-capitalized, established companies generating cash from profitable operations across developed and emerging markets worldwide, with investments typically spanning the United States, international developed markets, and emerging markets.
To further manage risk and reduce volatility, the fund employs a hedged approach by purchasing put options on equity indexes and exchange-traded funds, aiming to shield the portfolio from significant market downturns. This blend of equity market participation and defensive hedging seeks to combine elements of bond-like lower volatility with the appreciation potential of equities. The fund is managed by Parvin Asset Management, with stock screening overseen by Solari Investment Screens, emphasizing its commitment to governance and responsible investing.
Fund Family Parvin Funds
Category Options Trading
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PHSWX
Index MSCI AC World TR USD
PHSWX had a total return of 33.29% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.11%.
