Vanguard International Stock Index Funds Annual Report

64
Emerging Markets Stock Index Fund
Performance Summary
All of the returns in this report represent past performance, which is not a guarantee of future
results that may be achieved by the fund. (Current performance may be lower or higher than
the performance data cited. For performance data current to the most recent month-end, visit
our website at www.vanguard.com/performance.) Note, too, that both investment returns and
principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more
or less than their original cost. The returns shown do not reflect taxes that a shareholder would
pay on fund distributions or on the sale of fund shares.
Cumulative Performance: October 31, 1999–October 31, 2009
Initial Investment of $10,000
2000
2001
2002
2003
2004
2005
1 Performance figures are adjusted for the 0.50% (0.25% prior to October 30, 2009, 0.50% prior to June 26, 2008) transaction fee on
purchases and 0.25% (0.50% prior to June 26, 2008) transaction fee on redemptions. Total returns do not reflect the 2% fee assessed
until March 23, 2005, on redemptions of shares purchased on or after June 27, 2003, and held for less than two months, or for Investor
Shares, the account service fee that may be applicable to certain accounts with balances below $10,000.
2 Select Emerging Markets Index through August 23, 2006; MSCI Emerging Markets Index thereafter.
3 Derived from data provided by Lipper Inc.
4 Performance for the fund’s Admiral Shares and comparative standards is calculated since the Admiral Shares’ inception: June 23, 2006.
2006
2007
2008
2009
$44,000
28,550
3,000
Average Annual Total Returns
Periods Ended October 31, 2009
Final Value
of a $10,000
One Year Five Years Ten Years Investment
Emerging Markets Stock Index Fund
Investor Shares1 58.90% 15.66% 11.06% $28,550
MSCI All Country World Index ex USA 34.79 7.58 3.95 14,733
Spliced Emerging Markets Index2 64.13 16.47 11.64 30,087
Emerging Markets Funds Average3 56.47 14.15 10.64 27,494
Since
Final Value of
a $100,000
One Year Inception4 Investment
Emerging Markets Stock Index Fund Admiral Shares1 59.11% 9.61% $136,084
MSCI All Country World Index ex USA 34.79 1.51 105,142
Spliced Emerging Markets Index2 64.13 10.48 139,711