Vanguard International Stock Index Funds Annual Report

84
Emerging Markets Stock Index Fund
Financial Highlights
Signal Shares
Jan. 19,
Year Ended 2007 1 to
October 31,
Oct. 31,
For a Share Outstanding Throughout Each Period 2009 2008 2007
Net Asset Value, Beginning of Period $19.85 $46.61 $30.38
Investment Operations
Net Investment Income .553 2 1.029 .580 2
Net Realized and Unrealized Gain (Loss) on Investments 3 10.795 (27.029) 15.650
Total from Investment Operations 11.348 (26.000) 16.230
Distributions
Dividends from Net Investment Income (.938) (.760) —
Distributions from Realized Capital Gains — — —
Total Distributions (.938) (.760) —
Net Asset Value, End of Period $30.26 $19.85 $46.61
Total Return 4 60.33% –56.64% 53.42%
Ratios/Supplemental Data
Net Assets, End of Period (Millions) $463 $266 $385
Ratio of Total Expenses to Average Net Assets 0.27% 0.20% 0.25% 5
Ratio of Net Investment Income to Average Net Assets 2.29% 2.93% 2.36% 5
Portfolio Turnover Rate6 1 Inception.
2 Calculated based on average shares outstanding.
3 Includes increases from redemption fees of $.01, $.02, and $.00.
12% 20% 9%
4 Total returns do not reflect the 0.50% (0.25% prior to October 30, 2009, 0.50% prior to June 26, 2008) transaction fee on purchases and
the 0.25% (0.50% prior to June 26, 2008) transaction fee on redemptions.
5 Annualized.
6 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares,
including ETF Creation Units.
See accompanying Notes, which are an integral part of the Financial Statements.