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Vanguard International Stock Index Funds Annual Report

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Pacific <strong>Stock</strong> <strong>Index</strong> Fund<br />

Fund Profile<br />

As of October 31, 2009<br />

Portfolio Characteristics<br />

Target Broad<br />

Fund <strong>Index</strong>1 <strong>Index</strong>2 Number of <strong>Stock</strong>s 499 494 1,806<br />

Turnover Rate 8% — —<br />

Expense Ratio3 — —<br />

Investor Shares 0.29%<br />

Admiral Shares 0.18%<br />

Signal Shares 0.18%<br />

Institutional Shares 0.13%<br />

ETF Shares 0.18%<br />

Short-Term Reserves4 –0.2% — —<br />

Sector Diversification (% of equity exposure)<br />

Target Broad<br />

Fund <strong>Index</strong>1 <strong>Index</strong>2 Consumer Discretionary 14.5% 14.5% 8.3%<br />

Consumer Staples 6.3 6.2 8.6<br />

Energy 2.6 2.6 11.2<br />

Financials 28.5 28.6 26.6<br />

Health Care 4.6 4.5 6.4<br />

Industrials 14.7 14.7 9.8<br />

Information Technology 8.9 8.9 6.5<br />

Materials<br />

Telecommunication<br />

11.5 11.6 11.2<br />

Services 3.5 3.5 6.4<br />

Utilities 4.9 4.9 5.0<br />

Volatility Measures5 Fund Versus Fund Versus<br />

Target <strong>Index</strong>1 Broad <strong>Index</strong>2 R-Squared 0.95 0.89<br />

Beta 1.00 0.82<br />

Ten Largest Holdings 6 (% of total net assets)<br />

BHP Billiton Ltd. diversified metals<br />

and mining 3.4%<br />

Toyota Motor Corp. automobile<br />

manufacturers 3.4<br />

Commonwealth<br />

Bank of Australia diversified banks 2.2<br />

Westpac Banking Corp. diversified banks 2.1<br />

Honda Motor Co. Ltd. automobile<br />

National Australia<br />

manufacturers 1.6<br />

Bank Ltd.<br />

Mitsubishi UFJ<br />

diversified banks 1.6<br />

Financial Group Inc.<br />

Australia & New Zealand<br />

diversified banks 1.5<br />

Banking Group Ltd. diversified banks 1.5<br />

Canon Inc. office electronics 1.2<br />

Woolworths Ltd. food retail 1.0<br />

Top Ten 19.5%<br />

Market Diversification (% of equity exposure)<br />

Target<br />

Fund <strong>Index</strong>1 Japan 63.6% 63.6%<br />

Australia 24.8 24.8<br />

Hong Kong 7.2 7.2<br />

Singapore 4.1 4.1<br />

Other Pacific Markets 0.3 0.3<br />

1 MSCI Pacific <strong>Index</strong>.<br />

2 MSCI All Country World <strong>Index</strong> ex USA.<br />

3 The expense ratios shown are from the prospectuses dated February 27, 2009, and represent estimated costs for the current fiscal year<br />

based on the fund’s net assets as of the prospectus date. For the fiscal year ended October 31, 2009, the expense ratios were 0.27% for<br />

Investor Shares, 0.16% for Admiral Shares, 0.16% for Signal Shares, 0.12% for Institutional Shares, and 0.16% for ETF Shares.<br />

4 The fund invested a portion of its cash reserves in equity markets through the use of index futures contracts. After the effect of the futures<br />

investments, the fund’s temporary cash position was negative.<br />

5 For an explanation of R-squared, beta, and other terms used here, see the Glossary.<br />

6 The holdings listed exclude any temporary cash investments and equity index products.<br />

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