Our Funds

Parnassus Asia Fund

Asset Allocation as of 6/30/14

Common Stock 95.3% Cash and Other 4.7% *

Ten Largest Holdings1 as of 8/31/2014

Television Broadcast
HONG KONG
4.0%
Applied Materials 4.0%
Lenovo Group Ltd.
HONG KONG
3.8%
PT Bank Rakyat
INDONESIA
3.6%
QUALCOMM Inc. 3.6%
Taiwan Semi (ADR) 3.4%
KDDI Corp.
JAPAN
3.3%
21Vianet Group (ADR) 3.3%
Keppel Corp., Ltd.
SINGAPORE
3.3%
Thanachart Cptl - F
THAI FS TH0083010Z14
3.1%
Total 35.4%

Full Quarterly Holdings

Sector Weightings2 as of 6/30/14

Telecom Services Information Technology Materials Industrials Health Care Financials Utilities Energy Consumer Staples Consumer Discretionary Telecom Services Information Technology Materials Industrials Health Care Financials Utilities Energy Consumer Staples Consumer Discretionary

Country Allocation3

Equity China/Hong Kong 25.9 %
Equity Indonesia 11.6 %
Equity Japan 15.5 %
Equity Singapore 7.3 %
Equity South Korea 4.0 %
Equity Taiwan 19.7 %
Equity Thailand 13.7 %
Total 97.7%

1 The Ten Largest Holdings and Full Quarterly Holdings are not taken from the Fund's annual, semiannual or quarterly reports and have not been audited. This holdings information represents the diversity of areas in which the Fund may invest and may not be representative of the Fund's current or future investments.

The Fund may participate in securities lending. The portfolio holdings information provided herein excludes any securities held by the Fund as collateral for securities on loan by the Fund. Complete holdings information, including securities held as collateral for securities on loan, can be obtained in the Funds' most recent annual and semiannual reports as of the date of such report.

2 Percent based on long-term portfolio as of date indicated. The Sector Weightings represent the diversity of areas in which the Fund may invest and may not be representative of the Fund's current or future investments.

Fund industry breakdown, asset allocation and holdings are subject to change and should not be considered a recommendation to buy or sell any securities.

* Percentage of net assets Including cash and cash equivalents, short-term investments, and other assets and liabilities.

3 As a percentage of long-term investments. Parnassus considers companies that do a substantial amount of business in Asia to be Asian companies.