Monthly Price/Fair Value by Region 06/30/2021 Greater Europe U.S. Greater Asia A percentage of 0.0 connotes fairly valued 13.0 12.1 2.7 P/FV +25.0% 0.0 -25.0 2011 2012 U.S. 06/30/2021 52-Week High 52-Week Low All-Time High* All-Time Low* P/FV (%) 22.2 -3.5 22.2 -36.4 *All-time highs and lows since June 2002 to present. Style Valuation 1.5 1.6 -1.7 1.1 Value 15.6 15.5 8.0 14.7 Blend Moat Valuation Uncertainty Rating Economic Moat None Narrow Wide Low Medium High Very High 4.6 3.0 17.7 14.6 4.0 11.6 19.2 15.9 15.3 13.3 12.2 -17.6 Economic Moat None Narrow Wide 15.1 28.1 10.6 16.5 Growth 12.1 14.7 5.3 Averages Date 01/22/2021 10/30/2020 01/22/2021 11/21/2008 2013 2014 2015 2016 2017 Greater Europe 06/30/2021 P/FV (%) 52-Week High 52-Week Low All-Time High* All-Time Low* 13.4 -4.1 34.2 -35.2 *All-time highs and lows since June 2002 to present. Style Valuation -10.2 -8.2 -11.0 -9.8 Value 14.7 2.0 -0.4 11.0 Blend Moat Valuation Uncertainty Rating Low Medium High Very High 1.4 0.7 -3.8 -6.9 -14.2 8.6 15.7 -1.0 15.9 35.7 41.3 - Economic Moat None Narrow Wide 47.1 21.7 12.8 39.6 Growth 16.9 4.5 0.4 Averages 2018 2019 2020 Greater Asia 06/30/2021 Date 06/25/2021 10/30/2020 07/01/2005 10/10/2008 52-Week High 52-Week Low All-Time High* All-Time Low* P/FV (%) 15.7 -2.7 106.7 -40.8 *All-time highs and lows since June 2002 to present. Style Valuation -12.0 -15.3 -16.2 -13.0 Value 1.4 -4.2 -10.5 -1.3 Blend Moat Valuation Uncertainty Rating Low Medium High Very High -5.6 1.3 2.0 -3.9 5.7 13.9 6.0 31.2 -9.8 11.6 12.1 - 27.5 10.0 -4.1 22.0 Growth 5.9 -3.7 -10.9 Averages Date 02/12/2021 05/14/2020 05/05/2006 10/24/2008 2021 morningstar.com/lp/magazine 91 Small Mid Large Small Mid Large Small Mid Largehttp://www.morningstar.com/lp/magazine