The Parnassus Asia Fund is a diversified, fundamental, Asia Pacific, multi-cap equity fund. The Fund principally invests in stocks of Asian companies of
all-capitalizations. The Fund seeks to invest in good businesses with attractive
valuations. The Fund also takes environmental, social and governance factors into
account in making investment decisions.
The Fund's share price may change daily based on the value of its security holdings.
Stock markets can be volatile, and stock values fluctuate in response to the asset
levels of individual companies and in response to general U.S. and international
market and economic conditions. In addition to large-cap companies, the Fund may
invest in small- and/or mid-cap companies, which can be more volatile than large-cap
firms. The Fund invests primarily in non-U.S. securities. Foreign markets can be
more volatile than the U.S. market due to increased risks of adverse issuer, political,
regulatory, market or economic developments and can perform differently from the
U.S. market. Security holdings in the fund can vary significantly from broad market