Monthly Price/Fair Value by Region 09/30/2021 Greater Europe U.S. Greater Asia A percentage of 0.0 connotes fairly valued 7.2 6.1 0.0 -8.4 -25.0 2011 2012 U.S. 09/30/2021 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 -4.0 -6.1 -10.2 -5.2 Value 12.5 9.9 -2.3 10.2 Blend Moat Valuation Economic Moat None Narrow Wide Uncertainty Rating Low Medium -1.4 0.0 5.6 2.2 3.1 9.4 High Very High 8.1 12.9 6.3 -13.8 -10.0 2.7 9.7 18.1 -2.8 10.1 Growth 7.4 7.7 -5.1 Averages Date 01/22/2021 10/20/2020 01/22/2021 11/21/2008 2013 2014 2015 2016 2017 Greater Europe 09/30/2021 P/FV (%) 52-Week High 52-Week Low All-Time High* All-Time Low* 14.0 -4.1 34.2 -35.2 *All-time highs and lows since June 2002 to present. Style Valuation -14.0 -10.5 -14.0 -13.3 Value 12.1 -0.5 -3.9 8.6 Blend Moat Valuation Economic Moat None Narrow Wide Uncertainty Rating Low Medium 0.0 -3.3 18.8 -6.0 3.9 24.4 High Very High -7.5 4.8 -20.9 -9.5 27.9 - 37.5 14.4 1.0 28.8 Growth 10.7 1.3 -5.6 Averages 2018 2019 2020 Greater Asia 09/30/2021 Date 08/13/2021 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 -9.4 106.7 -40.8 *All-time highs and lows since June 2002 to present. Style Valuation -18.3 -18.0 -21.8 -18.6 Value -8.7 -9.8 -15.9 -9.7 Blend Moat Valuation Economic Moat None Narrow Wide Uncertainty Rating Low Medium -8.5 -2.4 0.0 -2.6 -3.7 22.3 High Very High -6.7 1.2 -16.5 -12.0 6.0 - 9.9 -3.1 -13.8 5.5 Growth -6.6 -10.8 -17.4 Averages Date 02/12/2021 08/20/2021 05/05/2006 10/24/2008 2021 P/FV +25.0% morningstar.com/lp/magazine 91 Small Mid Large Small Mid Large Small Mid Largehttp://www.morningstar.com/lp/magazine