Performance Clocks The length of each line is proportional to the monthly total return of each index in U.S. dollars. The clocks track the trailing 12 months. 0% 26% Monthly Return (%): ■ Positive ■ Negative Morningstar US Market TR USD 09/30/2021 12 11 10/ 10 2020 9 8 7 6 Morningstar UK Index GR USD 09/30/2021 12 11 10/ 10 2020 9 8 7 6 Morningstar Eurozone Index GR USD 09/30/2021 12 11 10/ 10 2020 9 8 7 6 Morningstar Asia ex-Japan GR USD 09/30/2021 12 11 10/ 10 2020 9 8 7 6 Morningstar Japan Index NR USD 09/30/2021 12 11 10/ 10 2020 9 8 7 6 Morningstar Australia Index GR USD 09/30/2021 12 11 10/ 10 2020 9 8 7 6 5 4 1/2021 2 3 01/2021 0.05 04/2021 5.17 07/2021 1.22 02/2021 2.63 05/2021 2.84 08/2021 1.89 10/2020 0.07 11/2020 15.36 03/2021 0.71 06/2021 0.92 09/2021 2.93 12/2020 6.22 5 4 1/2021 2 3 01/2021 1.05 02/2021 1.31 03/2021 1.51 04/2021 1.60 07/2021 1.10 10/2020 1.91 05/2021 1.25 08/2021 3.06 11/2020 11.49 06/2021 0.12 09/2021 2.34 12/2020 4.10 5 4 1/2021 2 3 01/2021 3.36 04/2021 3.00 07/2021 6.75 10/2020 2.83 02/2021 1.84 05/2021 1.13 08/2021 2.22 11/2020 8.86 03/2021 2.14 06/2021 0.04 09/2021 3.56 12/2020 6.79 Top 10 Index Constituents 09/30/2021 Company Reliance Industries RELIANCE Infosys INFY Housing Development Finance HDFC Tata Consultancy Services TCS ICICI Bank ICICIBANK Hindustan Unilever 500696 Kotak Mahindra Bank KOTAKBANK Bajaj Finance 500034 Axis Bank 532215 Bharti Airtel BHARTIARTL Sources: Morningstar, World Bank. Weight (%) 8.57 6.52 5.24 4.12 3.79 2.54 2.30 2.15 1.83 1.75 Trailing 1-Year Return (%) 12.35 67.66 58.52 52.08 96.87 31.18 57.25 132.92 79.55 65.58 10/2018 10/2019 10/2020 5 4 1/2021 2 3 01/2021 1.74 04/2021 4.94 07/2021 1.50 10/2020 6.32 02/2021 3.55 05/2021 4.27 08/2021 2.22 11/2020 20.25 03/2021 2.98 06/2021 2.00 09/2021 5.04 12/2020 4.66 Morningstar Emerging Markets Morningstar India 16.94 13.18 15 10 5 $20K Growth of $10K 09/30/2021 5 4 1/2021 2 3 01/2021 0.37 04/2021 4.75 07/2021 1.35 02/2021 3.88 05/2021 3.92 08/2021 1.47 10/2020 4.44 11/2020 16.70 03/2021 2.51 06/2021 2.78 09/2021 3.07 12/2020 6.17 5 4 1/2021 2 3 01/2021 0.59 04/2021 5.29 07/2021 1.89 10/2020 2.21 02/2021 2.99 05/2021 0.37 08/2021 2.89 11/2020 11.97 03/2021 3.55 06/2021 2.55 09/2021 4.58 12/2020 4.32 Population (2020) GDP (2020) GDP Annual Growth (2020) GNI per capita (2020) Inflation (2020) Life Expectancy (2019) Country Statistics 09/30/2021 India 1.37 B $2.6 T -8.0% $1,900 6.6% 71.0 Portfolio Statistics 09/30/2021 Morningstar India Index Number of Constituents Assets in Top 10 Trailing 1-Year Return 1-Yr Standard Deviation 1-Yr Sharpe Ratio 1-Yr Max. Drawdown 307 38.82% 59.80% 15.16 3.22 -7.40% 2021 2020 COUNTRY INDEX SPOTLIGHT India The Morningstar India Index held up well in a turbulent third quarter and is one of the top performers for the past year. Investors have been pouring into the stock market. 89