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
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 assets
levels of individual companies and in response to general domestic and international
market and economic conditions.
There are additional risks associated with foreign investments, such as increased
market volatility, a lower level of government oversight in emerging markets, risks
associated with focusing on a specific geographic region and exposure to fluctuations
in foreign currencies. 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.
Security holdings in the Fund can vary significantly from broad market indexes.