Data Dashboard Morningstar Global Fund Flows > 3.3% Fast Growth Trailing 1-Year Organic Growth Rates by Country 05/31/2022 Finland 1.8% Canada 5.8% U.K. 0.6% Ireland 6.8% United States 2.1% Mexico 4.2% Hong Kong 12.8% Colombia -9.1% Brazil -2.1% South Africa 1.7% Chile 4.4% Singapore 8.6% New Zealand 2.7% Australia 4.0% France -1.1% Italy 1.9% Israel 4.4% Netherlands 2.5% Germany 5.0% Japan 7.6% South Korea 5.4% 3.29 to 0% Slow Growth < -0.1% No Growth U.S. Open-End & ETF Fund Flows 05/31/2022 Europe Open-End & ETF Fund Flows 05/31/2022 Equity Allocation Fixed Income $80B 40 06/2021 08/2021 10/2021 12/2021 02/2022 04/2022 -80 -40 Equity Allocation Fixed Income $40B 30 20 10 -10 -20 06/2021 08/2021 10/2021 12/2021 02/2022 04/2022 Money market and fund of funds are excluded when appropriate. Alternatives and commodities funds are not included. U.S. data is survivorship-bias free. In the broad asset class tables, equity includes U.S. stock, international, and sector fund flows. Organic growth rates are calculated using beginning period asset levels and subsequent net fund flows. -30 78 Morningstar Q3 2022