Monthly Price/Fair Value by Region 09/30/2020 U.S. Greater Europe Greater Asia P/FV +25.0% A percentage of 0.0 connotes fairly valued 11.4 -0.1 -0.8 0.0 -25.0 U.S. 09/30/2020 2015 Date 52-Week High 15.8 08/28/2020 52-Week Low -23.3 All-Time High* All-Time Low* 52-Week High 4.3 01/17/2020 03/20/2020 52-Week Low -24.6 16.6 01/16/2004 All-Time High* -36.4 11/21/2008 All-Time Low* 52-Week High 4.0 08/28/2020 03/20/2020 52-Week Low -19.7 03/20/2020 34.2 07/01/2005 All-Time High* 106.7 05/05/2006 -35.2 10/10/2008 All-Time Low* -40.8 10/24/2008 *All-time highs and lows since June 2002 to present. 3.8 -24.3 -13.9 -0.2 -13.1 -7.5 15.0 24.6 Averages Value Blend Growth 32.9 4.0 -23.3 -7.7 15.8 -4.1 -22.2 -12.4 1.9 -10.2 -20.4 1.1 24.3 Averages Value Blend Growth Moat Valuation Large 25.7 5.6 -19.3 4.1 22.8 2.4 Mid 2.5 Large -18.1 -19.3 Mid 15.2 Style Valuation Small 26.4 -19.2 -4.7 8.5 -5.3 -20.2 -10.6 -2.7 -11.9 -19.4 0.7 17.5 Averages Value Blend Growth Moat Valuation Uncertainty Rating Wide Date Style Valuation 20.4 Low Medium Moat Valuation Uncertainty Rating High Very High 25.8 92.3 6.2 -5.3 5.2 13.1 22.0 -13.1 27.0 16.7 3.8 -24.7 Economic Moat None 2020 P/FV (%) *All-time highs and lows since June 2002 to present. -3.3 2019 Greater Asia 09/30/2020 Date Style Valuation Narrow 2018 P/FV (%) *All-time highs and lows since June 2002 to present. None 2017 Greater Europe 09/30/2020 P/FV (%) Economic Moat 2016 Large 2014 Mid 2013 Small 2012 Small 2011 Low Medium Uncertainty Rating High Very High Economic Moat Low Medium High Very High 0.0 -1.4 -10.4 -30.7 None 0.0 -5.7 -6.5 -19.8 Narrow 14.6 8.8 3.1 -21.4 Narrow 0.0 10.7 5.2 -8.5 Wide 17.4 35.0 5.8 - 27.9 16.9 20.8 - Wide morningstar.com/lp/magazine 91http://www.morningstar.com/lp/magazine