GRAPHS ARE AS OF May 31, 2017

Historical Trend Of Net Asset Value

Source: Bloomberg
Net Asset Value is net of performance and management fees and includes cash holdings and futures contracts.

Sector Allocation

Source: Northern Trust Fiduciary Services (Ireland) Limited Sector allocations exclude cash holdings and futures contracts

Country Allocation

Source: Northern Trust Fiduciary Services (Ireland) Limited

Rating Allocation

Source: All ratings use Standard & Poor’s as its source, except for Nicaragua rated Caa1 by Moody’s Investors Services. Rating allocations refers to country / business risk of the security and do not include cash or futures contracts.