Parnassus Asia Fund
a As described in the Fund's current prospectus dated May 1, 2014, Parnassus
Investments has contractually agreed to limit the total operating expenses to 1.25%
of net assets for the Fund. This agreement will not be terminated prior to May 1,
2015, and may be continued indefinitely by the Adviser on a year-to-year basis.
1 All returns greater than one year are annualized.
2 Since inception on 4/30/2013
Performance data quoted represents past performance and are no guarantee of future
returns. Investment return and principal will fluctuate, so that an investor's shares,
when redeemed, may be worth more or less than their original principal cost. The
MSCI AC Asia Pacific Index is an unmanaged index of Asian stock markets. An individual
cannot invest directly in an index. An index reflects no deductions for fees, expenses
or taxes. Returns shown for the fund do not reflect the declaration of taxes a shareholder
would pay on the fund distributions or the redemption of fund shares.
Returns shown for the Fund do not reflect the declaration of taxes a shareholder
would pay on the fund distributions or redemption of fund shares.