Monthly Price/Fair Value by Region 02/28/2018 U.S. Greater Europe P/FV Greater Asia +25.0% 5.1 2.6 2.4 0.0 A percentage of 0.0 connotes fairly valued -25.0 2014 U.S. 02/28/2018 Date 52-Week High 14.7 01/26/2018 52-Week Low 1.7 All-Time High* All-Time Low* Date 52-Week High 9.0 01/19/2018 08/18/2017 52-Week Low 0.7 16.6 01/16/2004 All-Time High* -36.3 11/21/2008 P/FV (%) Date 52-Week High 13.7 01/26/2018 02/09/2018 52-Week Low 0.7 02/09/2018 33.2 07/01/2005 All-Time High* 81.9 05/05/2006 All-Time Low* -35.1 10/10/2008 All-Time Low* -40.2 10/24/2008 *All-time highs and lows since June 2002 to present. *All-time highs and lows since June 2002 to present. 1.6 3.0 12.9 5.8 -4.0 -0.8 3.9 -0.5 -0.5 4.8 10.7 Averages Value Blend Growth -4.8 -0.3 9.9 1.6 1.1 5.5 11.1 6.1 -2.0 1.2 4.5 1.3 -3.4 0.9 9.7 Averages Value Blend Growth Moat Valuation Large 5.6 -1.2 6.1 9.0 4.3 Mid 10.7 -1.3 -1.0 1.8 -0.3 Small 5.7 Large -0.7 Style Valuation Mid Style Valuation Small Style Valuation -3.5 -3.4 -1.4 -2.9 -1.5 3.7 6.7 Averages Value Blend Growth Moat Valuation Uncertainty Rating 2017 Greater Asia 02/28/2018 P/FV (%) *All-time highs and lows since June 2002 to present. Moat Valuation Uncertainty Rating Low Medium High Very High None 0.9 0.8 12.4 -10.5 Narrow 3.6 1.2 7.4 53.7 10.7 0.9 -0.3 183.6 Wide 2016 Greater Europe 02/28/2018 P/FV (%) Economic Moat 2015 Economic Moat Large 2013 Mid 2012 Small 2011 Low Medium Uncertainty Rating High Very High None 1.4 -6.6 3.4 9.7 Narrow 6.0 4.8 2.7 -2.4 Wide 8.6 5.8 -11.5 - Economic Moat Low Medium High Very High None 3.6 -0.9 1.9 -1.1 Narrow 3.2 1.6 3.0 3.1 Wide 0.0 17.0 5.2 - global.morningstar.com/Morningstarmagazine 75http://global.morningstar.com/Morningstarmagazine