Interna9onal Stock Returns As of September 30, 2010
Returns (%)
Asset Class
Index
Marketwide Developed Large Cap Developed Small Cap Developed Value Developed Growth Emerging Markets Large Cap Emerging Markets Small Cap Emerging Markets Value Emerging Markets Growth
MSCI All Country World ex USA MSCI World ex USA MSCI World ex USA Small Cap MSCI World ex USA Value MSCI World ex USA Growth MSCI Emerging Markets MSCI Emerging Markets Small MSCI Emerging Markets Value MSCI Emerging Markets Growth
Q3 2010
One Year
Three Years Annualized
16.58 16.14 17.75 15.83 16.44 18.23 20.48 16.76 19.31
7.56 4.14 10.86 ‐0.23 8.69 20.05 32.32 19.11 21.34
‐7.42 ‐8.96 ‐6.31 ‐9.97 ‐8.02 ‐1.59 1.26 0.75 ‐3.74
IMPACT OF CURRENCY FLUCTUATIONS ON RETURNS FOR INVESTORS IN US DOLLARS One Year Returns in US Dollars and Local Currency
Three Year Annualized Returns in US Dollars and Local Currency
MSCI data copyright MSCI 2010, all rights reserved. Interna9onal developed represented by MSCI World ex USA index and Emerging Markets by MSCI Emerging Markets Index. Indexes are not available for direct investment. Index performance does not reflect the expenses associated with the management of an actual porfolio. Past performance is not a guarantee of future results.
10