Vanguard Investments

Mutual fund prices and performance are listed by name and currency (EUR for Euros, and USD for U.S. dollars). Therefore, funds may have multiple listings. Recent performance and average annual total returns are calculated through month-end. All performance figures are net of expenses.

Note: It is expected that the final net asset value per share will be issued by 1:00 PM GMT (2:00 PM CET; 8:00 AM EST) on Trade Date + 1. Figures displayed earlier than 1:00 PM GMT are based on preliminary calculations and are subject to review and verification by J. P. Morgan Administration Services (Ireland) Limited, which is responsible for calculation of the net asset value per share. Accordingly, figures accessed before 1:00 PM GMT are subject to change. Net Asset Value pricing is not available on the following dates.

Prices & Performance

Bond Funds
-	-	-	-	-	Recent Performance			Average Annual Total Returns as of 10/2009					-
Fund / Currency	Price as of 06/11/2009	Price Change	Yield	Note	YTD as of 10/2009	1 Month as of 10/2009	3 Months as of 10/2009	1 Year	3 Year	5 Year	10 Year	Since Inception	Inception Date
Eur Inf-Lk Bd Ix Inst EUR	91.7536	0.0458	---	---	7.33%	-1.08%	1.43%	14.06%	3.41%	---	---	2.90%	31/05/2005
30-40 Yr Dr EU Ix EU Inst	134.9626	-0.5958	---	---	-16.55%	0.28%	0.12%	6.46%	---	---	---	16.54%	29/08/2007
Japan Gov Bd Idx JPY Inst	13752.9033	-1.8650	---	---	-0.09%	-0.47%	0.43%	1.96%	---	---	---	2.37%	11/10/2007
Glb Bd Inx Inst USD Hdg	108.0160	0.0531	---	---	4.86%	0.18%	2.11%	10.29%	---	---	---	5.19%	31/03/2008
Glbl Bnd Idx Hgd CHF Inst	105.0667	0.0505	---	---	---	0.16%	2.00%	---	---	---	---	---	30/01/2009
Glbl Bnd Idx Inst CHF	98.1525	0.1993	---	---	---	-0.85%	---	---	---	---	---	---	04/09/2009
US Mg Bk Se Bd Ix USDInst	131.7680	0.1149	---	---	5.88%	0.72%	2.27%	12.05%	7.23%	---	---	5.81%	16/12/2004
US Ultra-Short Bd Ins USD	10.0075	0.0002	0.26%	D	0.34%	0.03%	0.18%	0.58%	2.78%	3.14%	3.04%	3.13%	06/05/1999
US Inv Gr Cr Idx Inst USD	124.1310	0.2137	---	---	16.01%	0.76%	4.65%	25.30%	5.54%	---	---	4.59%	16/12/2004
US Gov Bond Ix Inst USD	149.5689	0.1942	---	---	-0.28%	0.02%	1.69%	8.50%	6.66%	5.04%	---	5.37%	31/01/2002
Euro Gov Bd Ix Inst EUR	160.6129	0.0208	---	---	4.43%	0.12%	1.24%	9.55%	4.67%	4.24%	---	5.40%	29/09/2000
Euro IG Bond Ix Inst EUR	155.0182	0.0650	---	---	10.91%	0.51%	3.02%	13.81%	3.89%	3.44%	---	4.97%	29/09/2000
Stock Funds
-	-	-	-	-	Recent Performance			Average Annual Total Returns as of 10/2009					-
Fund / Currency	Price as of 06/11/2009	Price Change	Yield	Note	YTD as of 10/2009	1 Month as of 10/2009	3 Months as of 10/2009	1 Year	3 Year	5 Year	10 Year	Since Inception	Inception Date
Pac ex-Japan Stk Inst USD	150.7478	3.3998	---	---	65.06%	0.50%	14.69%	65.64%	5.83%	---	---	9.99%	22/07/2005
Japan Stock Idx Inst EUR	86.3363	0.8207	---	---	0.36%	-3.44%	-4.39%	-2.28%	-13.80%	---	---	-13.79%	29/03/2006
US 500 St Ix Inst EUR Hgd	8.0098	0.0208	---	---	14.65%	-1.88%	5.17%	7.55%	-9.23%	---	---	-9.23%	31/10/2006
Global Enhanc Eq USD Inst	77.4448	0.2520	---	---	26.21%	-0.94%	7.15%	23.32%	---	---	---	-10.49%	18/04/2007
US Opportunities Inst USD	209.6509	1.1543	---	---	33.90%	-4.73%	3.38%	29.19%	-1.24%	5.95%	---	9.80%	08/04/2002
US 500 Stk Ix Inst EUR	7.2196	0.0271	---	---	9.53%	-2.82%	1.13%	-6.47%	-12.10%	-3.39%	---	-1.93%	26/09/2002
Global Stk Ix Inst EUR	8.5276	0.0392	---	---	15.26%	-2.71%	2.11%	1.47%	-10.72%	-0.62%	---	0.84%	10/12/2002
Switzerld Stk Ix Inst CHF	185.9328	0.2664	---	---	16.76%	-0.85%	5.47%	5.07%	-8.44%	4.67%	---	2.95%	02/02/2004
Japan Stk Ix Inst USD	128.3937	1.0705	---	---	6.52%	-2.53%	-0.50%	13.70%	-9.53%	1.05%	---	1.71%	22/10/2003
Global Stk Hgd Inst EUR	8.9019	0.0251	---	---	16.55%	-2.25%	4.36%	10.61%	-8.84%	---	---	-0.12%	04/11/2004
US 500 Stk Ix Inst USD	10.7337	0.0277	---	---	16.26%	-1.91%	5.25%	8.82%	-7.76%	-0.49%	-1.67%	0.36%	04/11/1998
European Stock Ix Inst US	15.1076	0.0095	---	---	29.98%	-1.18%	9.86%	27.49%	-5.44%	5.24%	2.65%	3.54%	14/09/1998
Europe Stock Ix Inst EUR	10.1633	0.0184	---	---	22.46%	-2.10%	5.57%	9.57%	-9.90%	2.17%	---	-3.07%	08/06/2000
Eurozone Stk Ix Inst EUR	107.0438	0.0840	---	---	19.00%	-4.40%	5.26%	11.56%	-9.53%	2.78%	---	0.59%	25/10/2001
Global Stock Ix Inst USD	12.7422	0.0437	---	---	22.32%	-1.80%	6.26%	18.05%	-6.30%	2.37%	-0.05%	1.96%	04/08/1998

Footnote Explanation:
C 7-Day Average Income Yield Net of Expenses