外国証券内容説明書

外国証券内容説明書
楽天証券株式会社
2009 年 10 月末時点
第一部
証券情報
ティッカー（証券コード）
VGK
(1)
ファンドの名称
Vanguard European ETF
ファンドの名称（カナ）
バンガード・ヨーロピアン・イーティーエフ
インデックス・ファンド/米国デラウエア州籍法定トラスト受益
(2)
ファンドの形態等
(3)
発行地
米国
(4)
発行日
2005 年 3 月 4 日
(5)
発行数及び
発行総額
(6)
申込単位
(7)
主たる上場取引所又は
登録証券業協会の名称
NYSE Arca (2008 年 9 月 19 日より)
(8)
日本以外の地域における販売
米国、チリ、メキシコ
証券（外国投資信託）
発行数
50,901,000
発行総額
2,464,081,000（米ドル）
最低売買単位：1口※
※当社でのお申込みは、買いの場合１０口単位、売りの場合１口以
上１口単位といたします。
第二部
発行者情報
(1)
ファンドに係る法制度の概要
(2)
ファンドの目的及び基本的性格
(3)
管理会社又は
運用会社の自己資本の額
(4)
ファンドの関係法人の概要
管理会社
名称
関係業務
保管銀行
名称
関係業務
デラウエア州法（Delaware Statutory Trust Act）；1940 年投資会社法
及びその改正法、1986 年内国歳入法およびその改正法
ファンドは MSCI® Europe Index のパフォーマンスに連動する投資
結果を提供することを目的とする
N/A
ザ・バンガード・グループ・インク
The Vanguard Group Inc.
当該ファンドの運用
ブラウン・ブラザーズ・ハリマン
Brown Brothers Harriman
カストディ業務、アドミニストレーション業務
①分配方針あり
(5)
投資の基本方針
(6)
投資制限
ファンド資産の管理の概要
及びその報酬
②MSCI® MSCI® Europe Index に連動
③当該インデックスを構成する銘柄のほぼ全てをインデックスと
同じ割合で保有する完全法
(7)
1940 年投資会社法及びその改正法により制限
純資産時価の年率 0.16％（2010 年 2 月 26 日時点）
1
(8) ファンドの運用状況
①
単位：米ドル
投資状況(ファンド全体)
2009 年 10 月末
2008 年 10 月末
10,908,245,000
17,191,552,000
純資産額の推移
2009 年 10 月末
2008 年 10 月末
純資産総額
2,464,081,000
1,753,512,000
48.41
41.37
2009 年 10 月末
2008 年 10 月末
2008 年 11 月～2009 年 10 月
2007 年 11 月～2008 年 10 月
2.901
2.356
投資有価証券
②
運用実績(ETF シェアクラス)
一口当たり純資産総額
配当(分配）状況
一口当たり分配金
(9) ファンドの経理状況(ファンド全体)
①直近 2 計算期間の貸借対照表
総資産
負債
②直近 2 計算期間の損益計算書
単位：米ドル
2009 年 10 月末
2008 年 10 月末
11,305,793,000
17,945,920,000
254,547,000
647,791,000
2009 年 10 月末
2008 年 10 月末
投資収益
1,592,908,000
(16,707,477,000)
純投資収益
1,566,100,000
(16,764,987,000)
備考
米国会計基準に準拠
2
③直近 2 計算期間の投資有価証券明細票
2009年10月末時点
2008年10月末時点
株数
普通株式 (98.7%)
Austria (0.5%)
^
Erste Group Bank AG
OMV AG
Telekom Austria AG
Voestalpine AG
Verbund–Oesterreichische
Elektrizitaetswirtschafts
AG Class A
^
Raiffeisen International
Bank Holding AG
Vienna Insurance Group
Belgium (1.5%)
Anheuser-Busch InBev NV
*
Fortis
Groupe Bruxelles
Lambert SA
*
KBC Groep NV
Delhaize Group SA
Solvay SA Class A
Belgacom SA
^,*
Dexia SA
^
UCB SA
Colruyt SA
Umicore
Mobistar SA
Nationale A Portefeuille
Denmark (1.3%)
Novo Nordisk A/S Class B
*
Vestas Wind Systems A/S
*
Danske Bank A/S
Carlsberg A/S Class B
A P Moller - Maersk A/S
Class B
Novozymes A/S
A P Moller–Maersk A/S
*
DSV A/S
*
Topdanmark A/S
Coloplast A/S Class B
TrygVesta A/S
^,*
William Demant Holding
H Lundbeck A/S
Finland (1.7%)
Nokia Oyj
Fortum Oyj
Sampo Oyj
UPM-Kymmene Oyj
Kone Oyj Class B
Stora Enso Oyj
Metso Oyj
Wartsila Oyj
Elisa Oyj
^
Neste Oil Oyj
Nokian Renkaat Oyj
Kesko Oyj Class B
Outokumpu Oyj
Rautaruukki Oyj
Orion Oyj Class B
Pohjola Bank PLC
^
Sanoma Oyj
France (15.9%)
Total SA
Sanofi-Aventis SA
^
BNP Paribas
GDF Suez
France Telecom SA
AXA SA
^
Societe Generale
Groupe Danone SA
Vivendi
ArcelorMittal
Carrefour SA
Air Liquide SA
LVMH Moet Hennessy
Louis Vuitton SA
293,984
250,980
542,073
198,485
市場価額
（千ドル）
株数
普通株式 (99.4%)
Austria (0.6%)
OMV AG
^
Erste Bank der
Oesterreichischen
Sparkassen AG
Telekom Austria AG
Oesterreichische
Elektrizitaetswirtschafts
AG Class A
Voestalpine AG
Raiffeisen International
Bank-Holding AG
Wienerberger AG
*
Atrium European
Real Estate
Andritz AG
Vienna Insurance Group
Strabag SE
*
IMMOFINANZ AG
*
IMMOEAST Immobilien
Anlagen AG
11,819
10,342
8,880
6,787
131,244
5,892
91,348
63,811
5,357
3,595
52,672
1,214,927
3,741,094
57,041
16,175
136,404
270,316
169,324
100,805
255,659
898,673
171,442
25,429
193,924
50,221
55,508
12,022
11,571
11,502
9,899
9,575
7,470
7,319
6,051
5,890
3,450
2,901
160,866
754,588
343,586
764,739
181,438
46,880
24,098
17,563
12,720
1,861
77,965
910
349,453
24,179
38,634
39,243
39,131
97,327
12,707
7,132
6,051
5,432
3,486
3,154
2,828
2,782
1,885
146,718
6,304,831
751,563
708,275
880,485
259,530
977,820
215,974
142,056
229,254
215,268
175,010
108,888
199,831
138,843
148,904
227,417
134,457
79,638
17,789
16,953
10,567
9,690
7,401
6,031
5,142
4,440
3,807
3,734
3,624
3,304
2,830
2,830
2,527
2,482
182,789
3,593,950
1,772,391
1,549,099
2,032,496
3,080,536
2,637,780
955,134
927,516
1,973,995
1,448,273
1,068,815
420,782
215,063
129,920
116,700
84,973
76,332
65,602
63,440
55,720
54,763
49,013
45,876
45,318
412,405
42,705
Belgium (1.1%)
^
InBev NV
KBC Bank &
Verzekerings Holding
Groupe Bruxelles
Lambert SA
Belgacom SA
Delhaize Group
Solvay SA
Colruyt NV
^
Dexia
UCB SA
^
Fortis
Umicore
Compagnie Nationale a
Portefeuille
Mobistar SA
KBC Ancora
Denmark (1.3%)
Novo Nordisk A/S
B Shares
*
Vestas Wind Systems A/S
Danske Bank A/S
AP Moller-Maersk A/S
B Shares
Novozymes A/S
AP Moller-Maersk A/S
A Shares
Carlsberg A/S B Shares
^
DSV A/S
Danisco A/S
^
FLS Industries A/S
B Shares
Coloplast A/S B Shares
*
Topdanmark A/S
^
Trygvesta A/S
*
Jyske Bank A/S
Sydbank A/S
^*
William Demant A/S
^
Rockwool International A/S
Finland (2.1%)
Nokia Oyj
Fortum Oyj
Sampo Oyj A Shares
UPM-Kymmene Oyj
Stora Enso Oyj R Shares
Kone Oyj
Wartsila Oyj B Shares
Elisa Oyj Class A
Neste Oil Oyj
Metso Oyj
Kesko Oyj
Pohjola Bank PLC
Nokian Renkaat Oyj
3
市場価額
（千ドル）
541,937
17,347
617,659
1,133,107
16,467
13,923
252,692
379,871
11,954
9,270
174,078
274,945
5,478
4,564
998,913
124,822
122,666
163,770
1,465,265
4,542
3,555
3,311
3,206
1,634
1,330,952
1,605
96,856
606,503
24,462
522,976
22,484
264,070
553,444
326,858
194,250
54,325
1,743,399
331,810
7,230,107
402,363
19,399
18,936
18,382
18,068
12,210
9,273
8,446
8,377
7,196
127,975
101,710
99,989
6,921
6,749
2,972
183,875
1,500,382
607,475
1,479,595
80,425
24,882
21,903
3,584
151,103
20,626
10,667
1,805
231,276
631,217
159,675
10,524
9,105
7,584
6,918
174,427
80,247
51,456
89,445
165,713
204,547
77,995
26,738
6,506
5,819
5,559
5,378
4,895
3,179
2,984
1,798
228,752
12,431,942
1,451,547
1,400,647
1,705,266
1,895,807
500,352
273,965
458,033
418,260
423,100
217,188
369,044
350,245
190,435
35,673
28,069
24,113
17,630
11,196
6,941
6,890
6,616
5,623
5,084
4,965
4,579
*
*
^
*
*
*
^
*
*
^
^
*
L’Oreal SA
Schneider Electric SA
Vinci SA
Unibail-Rodamco SE
Cie de Saint-Gobain
Credit Agricole SA
Lafarge SA
Pernod-Ricard SA
Alstom SA
EDF SA
Veolia Environnement
Cie Generale d’Optique
Essilor International SA
Compagnie Generale
des Etablissements
Michelin Class B
Bouygues SA
Alcatel-Lucent
Vallourec SA
Renault SA
PPR
European Aeronautic
Defence and
Space Co. NV
Hermes International
Accor SA
Cap Gemini SA
Technip SA
Christian Dior SA
SES SA
Suez Environnement Co.
STMicroelectronics NV
Sodexo
Lagardere SCA
Peugeot SA
Natixis
Publicis Groupe
Casino Guichard
Perrachon SA
Thales SA
SCOR SE
Klepierre
Dassault Systemes SA
CNP Assurances
Eutelsat Communications
Safran SA
Cie Generale de
Geophysique-Veritas
Legrand SA
Neopost SA
Bureau Veritas SA
Fonciere Des Regions
Aeroports de Paris
Eiffage SA
Atos Origin SA
ICADE
Air France-KLM
Gecina SA
Imerys SA
Societe Television Francaise
Societe BIC SA
Iliad SA
Eurazeo
Societe Des Autoroutes
Paris-Rhin-Rhone
Eramet
PagesJaunes Groupe
M6-Metropole Television
BioMerieux
JC Decaux SA
Ipsen SA
Germany (11.8%)
Siemens AG
E.ON AG
Bayer AG
Allianz SE
BASF SE
Deutsche Bank AG
Daimler AG
SAP AG
Deutsche Telekom AG
RWE AG
403,044
393,253
710,982
137,118
619,833
1,497,122
337,684
326,883
340,470
398,463
634,824
41,210
40,894
37,105
30,364
30,204
28,678
27,410
27,232
23,591
22,209
20,739
337,223
18,881
244,255
375,847
3,912,683
90,995
311,822
127,508
18,094
17,699
14,653
14,327
13,954
13,896
688,468
88,880
241,645
246,794
176,782
106,556
479,836
454,321
1,144,740
160,152
197,502
254,160
1,473,762
200,650
12,892
12,360
11,572
11,433
11,091
10,627
10,397
10,096
9,187
9,146
8,923
8,279
8,279
7,624
92,826
151,404
282,546
153,049
108,667
62,997
166,028
315,873
7,376
7,336
7,191
6,344
6,271
6,088
5,277
5,096
245,161
173,381
52,764
81,373
38,780
48,939
68,098
77,465
33,447
224,251
31,492
56,457
1195,868
43,936
26,802
45,615
4,855
4,703
4,618
4,481
4,274
3,715
3,710
3,627
3,521
3,438
3,350
3,095
3,075
3,049
2,902
2,869
37,490
8,941
215,947
106,342
22,413
110,496
41,635
2,816
2,784
2,646
2,561
2,488
2,234
2,121
1,756,382
1,385,978
3,202,344
1,286,134
763,088
1,553,779
996,344
1,349,920
1,444,751
4,773,422
705,021
125,246
122,729
89,232
87,468
83,174
72,386
65,570
65,440
65,231
61,839
^
^
Rautaruuki Oyj
Orion Oyj
Sanoma Oyj
Outokumpu Oyj A Shares
YIT Oyj
Cargotec Corp.
France (15.2%)
Total SA
Sanofi-Aventis
BNP Paribas SA
Gaz de France
France Telecom SA
Vivendi SA
AXA
Carrefour SA
Societe Generale Class A
Groupe Danone
Air Liquide SA
L’Oreal SA
LVMH Louis Vuitton
Moet Hennessy
Vinci SA
Schneider Electric SA
Credit Agricole SA
Unibail Co.
Electricite de France
Cie. de St. Gobain SA
Pernod Ricard SA
Alstom
Bouygues SA
Lafarge SA
Veolia Environnement
Essilor International SA
^
Hermes International
Accor SA
Compagnie Generale
des Etablissements
Michelin SA
*
Alcatel-Lucent
Vallourec SA
Renault SA
STMicroelectronics NV
*
Suez Environnement SA
Pinault-Printemps-Redoute
SA
Lagardere S.C.A.
Sodexho Alliance SA
Cap Gemini SA
PSA Peugeot Citroen
Thales SA
Christian Dior SA
Technip SA
Casino Guichard-Perrachon
SA
CNP Assurances
Publicis Groupe SA
SCOR SA
Neopost SA
^
Dassault Systemes SA
Safran SA
Natixis
*
Compagnie Generale
de Geophysique SA
Air France
*
Eutelsat Communications
Aeroports de Paris (ADP)
Zodiac SA
Klepierre
Atos Origin SA
Legrand SA
^
Societe Television
Francaise 1
Eurazeo
Bureau Veritas SA
^
Eiffage SA
Societe BIC SA
^
Valeo SA
Imerys SA
^
Wendel Investissement
ICADE
^
PagesJaunes SA
^
JCDecaux SA
4
270,123
283,516
269,766
376,772
420,880
112,023
4,408
4,166
4,129
3,904
2,621
1,551
368,593
7,067,224
3,440,561
2,666,717
3,584,919
5,986,774
3,811,913
5,062,423
2,075,118
1,526,648
1,428,888
807,617
799,359
388,793
217,984
192,541
159,578
150,960
99,640
96,713
87,663
83,210
79,562
69,693
60,531
801,325
1,357,124
722,352
2,912,674
267,503
655,483
928,653
538,073
696,026
797,782
479,870
1,234,536
656,738
225,695
640,235
53,323
48,839
43,296
42,138
40,121
39,384
35,834
35,039
34,498
33,970
31,723
30,594
29,460
29,130
24,909
472,249
7,595,861
173,276
604,441
2,227,863
884,230
24,307
19,614
19,382
18,525
18,314
16,905
250,907
393,128
311,912
451,488
497,864
292,651
178,907
336,491
15,990
15,631
14,976
14,547
13,285
11,743
10,839
10,076
143,653
122,638
410,989
564,904
104,633
208,336
615,472
3,184,064
10,042
9,882
9,289
9,255
8,760
8,626
7,811
7,051
426,135
437,379
290,614
95,771
137,836
233,888
225,237
302,866
6,890
6,302
6,238
5,700
5,390
5,387
5,230
5,040
391,067
82,491
134,243
123,396
87,867
245,728
93,909
89,296
65,764
405,532
212,223
5,014
4,967
4,786
4,741
4,641
4,280
4,275
4,266
3,931
3,845
3,688
^
*
*
*
*
*
^
*
^,*
Muenchener
Rueckversicherungs AG
Bayerische Motoren
Werke AG
Linde AG
Deutsche Boerse AG
Volkswagen AG
Deutsche Post AG
ThyssenKrupp AG
Volkswagen AG Pfd.
Fresenius Medical Care
AG & Co. KGaA
Adidas AG
MAN SE
HeidelbergCement AG
Henkel AG & Co.
KGaA Pfd.
K&S AG
Commerzbank AG
Porsche Automobil
Holding SE
Metro AG
Merck KGaA
Beiersdorf AG
Henkel AG & Co. KGaA
Infineon Technologies AG
Daimler AG
QIAGEN NV
Fresenius SE Pfd.
Deutsche Lufthansa AG
Salzgitter AG
Hochtief AG
RWE AG
GEA Group AG
Hannover
Rueckversicherung AG
Deutsche Postbank AG
Wacker Chemie AG
Celesio AG
Solarworld AG
Bayerische Motoren
Werke AG Pfd.
Fraport AG Frankfurt Airport
Services Worldwide
United Internet AG
Puma AG Rudolf
Dassler Sport
Fresenius SE
Suedzucker AG
TUI AG
Hamburger Hafen
und Logistik AG
Greece (1.0%)
*
National Bank of Greece SA
*
Alpha Bank AE
OPAP SA
*
Piraeus Bank SA
*
EFG Eurobank Ergasias SA
Coca Cola Hellenic
Bottling Co. SA
*
National Bank of
Greece SA ADR
Bank of Cyprus
Public Co. Ltd.
Marfin Investment
Group SA
Hellenic
Telecommunications
Organization SA
*
Public Power Corp. SA
Hellenic
Telecommunications
Organization SA ADR
Titan Cement Co. SA
Hellenic Petroleum SA
Ireland (0.4%)
CRH PLC
Kerry Group PLC
Class A
*
Elan Corp. PLC
348,077
55,070
558,558
256,540
328,530
149,727
1,427,702
563,668
177,597
27,324
26,926
26,608
24,346
24,153
18,157
17,694
323,320
327,062
177,733
236,392
15,691
15,143
14,636
14,140
300,524
248,612
1,186,582
13,687
13,571
12,359
147,323
192,267
108,597
147,466
218,687
1,788,003
166,896
384,180
136,915
385,290
66,145
71,577
64,321
257,692
11,269
10,672
10,209
9,084
8,450
8,051
8,049
7,967
7,954
5,949
5,946
5,402
5,047
4,863
102,776
147,242
25,765
145,602
138,509
4,633
4,560
3,702
3,612
2,998
88,135
2,897
61,229
209,668
2,883
2,730
8,786
46,652
109,658
236,283
2,692
2,324
2,267
1,638
40,721
1,587
1,305,255
827,335
595,080
369,611
507,184
539,272
30,248
11,473
9,408
8,744
8,542
306,492
7,988
1,024,141
7,446
917,432
7,258
1,045,511
4,166
234,997
191,003
3,953
3,896
408,133
94,621
150,968
3,461
3,270
1,830
111,683
1,155,542
28,335
235,937
845,582
6,993
4,431
Gecina SA
Eramet SLN
M6 Metropole Television
Germany (12.9%)
^
Volkswagen AG
E.On AG
Siemens AG
Bayer AG
Deutsche Telekom AG
RWE AG
Allianz AG
BASF AG
SAP AG
Muenchener
RueckversicherungsGesellschaft AG
(Registered)
Daimler AG (Registered)
Deutsche Bank AG
Deutsche Boerse AG
Linde AG
Continental AG
Acceptance Line
Deutsche Post AG
Fresenius Medical Care
AG
Bayerische Motoren
Werke AG
Porsche AG
Commerzbank AG
Adidas AG
ThyssenKrupp AG
Volkswagen AG Pfd.
K&S AG
Merck KGaA
Man AG
Henkel AG & Co. KGaA
Fresenius AG Pfd.
Beiersdorf AG
Metro AG
DaimlerChrysler AG
Henkel KGaA
Deutsche Lufthansa AG
Salzgitter AG
^
TUI AG
Celesio AG
RWE AG Pfd.
*
Q-Cells AG
*
Infineon Technologies AG
^
Solarworld AG
^
HeidelbergCement AG
Wacker Chemie AG
Bilfinger Berger AG
Fresenius AS
^
Deutsche Postbank AG
Hannover
Rueckversicherung AG
Hochtief AG
Fraport AG
*
United Internet AG
Rheinmetall AG
Puma AG
^
Hypo Real Estate Holding
AG
Bayerische Motoren Werke
(BMW)
Hamburger Hafen
und Logistik AG
IVG Immobilien AG
^*
Arcandor AG
^
ProSieben Sat.1 Media AG
^
Continental AG
Greece (0.8%)
National Bank of Greece
SA
Alpha Credit Bank SA
Greek Organization of
Football Prognostics
Bank of Piraeus
EFG Eurobank Ergasias
5
50,189
16,541
206,356
3,485
3,353
3,250
2,638,675
473,445
6,218,765
2,840,980
2,500,528
9,273,920
1,455,227
1,479,714
3,095,110
2,854,837
301,282
233,047
167,066
136,882
136,058
119,301
108,596
102,181
99,951
675,183
2,511,541
1,772,962
637,973
438,696
87,652
85,141
66,232
49,893
36,299
484,850
2,766,157
34,540
30,330
623,217
27,610
1,083,250
285,684
2,245,135
666,554
1,181,415
345,289
487,570
211,022
347,637
585,615
263,297
287,045
373,755
327,337
426,987
749,417
133,687
699,731
277,931
126,372
195,388
2,443,705
271,643
82,364
51,710
122,964
93,136
268,603
27,470
24,968
23,896
23,154
22,377
21,292
18,887
18,641
16,997
16,736
16,714
14,979
11,918
11,293
10,441
10,380
8,608
8,451
8,170
7,891
7,737
7,568
6,686
6,117
5,588
5,540
5,449
5,409
200,424
135,203
121,722
417,737
114,951
20,402
4,962
4,149
3,899
3,696
3,500
3,399
516,566
3,364
166,088
3,320
81,289
296,255
372,475
258,624
2,378
2,759
1,940
870
765
101
2,232,142
1,349,401
1,239,359
29,644
18,095
729,090
1,019,833
1,031,126
15,919
12,937
11,208
*
^,*
*
Ryanair Holdings
PLC ADR
Anglo Irish Bank
Corp. Ltd.
Ryanair Holdings PLC
CRH PLC
Italy (5.3%)
ENI SPA
*
UniCredit SPA
Enel SPA
*
Intesa Sanpaolo SPA
Assicurazioni
Generali SPA
Telecom Italia SPA
*
Fiat SPA
Tenaris SA
Unione di Banche
Italiane SCPA
Saipem SPA
Snam Rete Gas SPA
Finmeccanica SPA
Telecom Italia SPA RNC
Atlantia SPA
Mediobanca SPA
*
Banco Popolare SC
Terna Rete Elettrica
Nazionale SPA
Parmalat SPA
Mediaset SPA
Banca Monte dei
Paschi di Siena SPA
Intesa Sanpaolo SPA
Banca Popolare di
Milano Scarl
*
Luxottica Group SPA
A2A SPA
^
Banca Carige SPA
Prysmian SPA
*
Pirelli & C SPA
^
Mediolanum SPA
Exor SPA
*
Autogrill SPA
Fondiaria-Sai SPA
*
Unipol Gruppo
Finanziario SPA
^
Lottomatica SPA
^
Italcementi SPA
Saras SPA
ACEA SPA
Netherlands (3.7%)
Unilever NV
Koninklijke KPN NV
*
ING Groep NV
Koninklijke Philips
Electronics NV
Koninklijke Ahold NV
Akzo Nobel NV
ASML Holding NV
*
Aegon NV
Heineken NV
TNT NV
Reed Elsevier NV
Koninklijke DSM NV
Wolters Kluwer NV
Heineken Holding NV
*
Randstad Holding NV
Fugro NV
Corio NV
SBM Offshore NV
Koninklijke Boskalis
Westminster NV
ASML Holding NV
*
Aegon NV
Norway (1.1%)
StatoilHydro ASA
*
Telenor ASA
^,*
DnB NOR ASA
Orkla ASA
Yara International ASA
94,531
2,577
2,503,596
133,763
7,832
800
583
191
43,910
4,385,511
23,980,541
11,075,077
12,994,638
108,615
80,340
65,900
54,688
1,966,960
16,919,828
1,287,374
796,390
49,526
26,879
19,166
14,173
972,482
444,266
2,524,641
682,725
10,109,033
436,146
807,470
1,074,727
13,891
13,108
12,245
11,456
11,125
10,313
10,300
9,336
2,194,929
2,871,526
1,195,923
8,702
7,958
7,766
3,666,212
1,577,165
6,966
5,143
672,695
193,239
1,850,150
1,086,484
167,981
4,372,634
371,738
111,141
170,560
102,689
5,005
4,704
3,411
3,063
2,954
2,457
2,359
2,190
1,918
1,872
1,220,186
77,703
114,045
470,450
122,932
1,769
1,656
1,642
1,527
1,438
585,561
2,741,998
2,889,608
3,304,942
84,489
52,414
43,009
1,639,187
2,011,336
390,951
709,133
2,635,681
411,615
622,414
1,214,536
262,039
469,555
186,504
170,283
109,132
87,806
254,161
41,178
25,335
23,083
19,124
18,733
18,195
16,506
14,154
11,481
10,468
7,256
6,461
6,079
5,954
4,867
92,056
17,494
1,765
3,231
471
12
412,500
1,892,078
1,417,638
1,237,852
1,300,893
318,367
44,585
18,279
14,180
12,026
10,524
Hellenic
Telecommunications
Organization SA
Marfin Financial Group
SA
Coca-Cola Hellenic
Bottling Co. SA
GEA Group AG
National Bank of Greece
SA ADR
Public Power Corp.
Hellenic
Telecommunications
Organization SA ADR
Hellenic Petroleum SA
Titan Cement Co. SA
Ireland (0.6%)
CRH PLC
Allied Irish Banks PLC
*
Elan Corp. PLC
Kerry Group PLC
A Shares
Bank of Ireland
^
Anglo Irish Bank Corp.
PLC
*
Ryanair Holdings PLC
ADR
Irish Life & Permanent PLC
*
Ryanair Holdings PLC
Italy (5.3%)
Eni SpA
Enel SpA
Intesa Sanpaolo SpA
UniCredit SpA
Assicurazioni Generali
SpA
Telecom Italia SpA
Unione Di
Banche Italiane ScpA
Banco Popolare SpA
Fiat SpA
Mediobanca Banca di
Credito Finanziaria SpA
Telecom Italia SpA RNC
Saipem SpA
Banca Monte dei Paschi
di Siena SpA
Atlantia SpA
Mediaset SpA
Snam Rete Gas SpA
Terna SpA
Finmeccanica SpA
Parmalat SpA
Alleanza Assicurazioni
SpA
Luxottica Group SpA
Intesa Sanpaolo SpA
Non Convertible Risp.
Banca Popolare di Milano
SpA
A2A SpA
Banca Carige SpA
Lottomatica SpA
Prysmian SpA
Fondiari-Sai SpA
Unipol Gruppo Finanziario
SpA
Bulgari SpA
Unipol Gruppo Finanziario
SpA Pfd.
IFIL Investments SpA
Pirelli & C. Accomandita
per Azioni SpA
Mediolanum SpA
Italcementi SpA
Autogrill SpA
Italcementi SpA Risp.
*
IFI-Istituto Finanziario
Industriale SpA
*
Finmeccanica SpA
6
622,527
8,786
1,974,640
8,693
537,115
487,105
7,496
6,995
1,379,083
339,494
6,027
4,198
516,570
389,295
184,670
3,750
3,225
3,154
140,127
1,756,106
2,867,306
1,550,298
38,585
15,273
11,697
460,036
3,279,465
10,251
9,683
2,444,939
7,848
161,755
866,373
357,520
3,602
2,964
1,246
101,149
8,516,877
14,165,636
25,195,698
37,105,117
203,282
94,772
92,214
90,834
3,459,783
32,830,147
87,373
37,714
1,986,838
2,094,722
2,317,453
33,518
26,132
18,389
1,609,904
19,764,142
862,007
18,380
16,632
16,202
8,089,039
839,133
2,509,537
2,567,396
3,935,540
984,752
5,505,962
15,705
15,359
13,634
12,996
12,693
12,213
9,667
1,376,767
453,474
9,178
9,164
2,885,324
8,564
1,285,151
4,070,374
2,351,971
200,992
358,881
227,980
7,521
7,419
5,028
4,693
4,354
4,283
2,206,084
499,865
3,914
3,738
3,049,854
988,473
3,347
3,065
8,438,712
701,564
227,872
324,934
338,104
2,975
2,751
2,656
2,597
2,353
226,075
1,974
*
*
^,*
Seadrill Ltd.
Norsk Hydro ASA
Renewable
Energy Corp. AS
Portugal (0.5%)
EDP–Energias
de Portugal SA
Portugal Telecom
SGPS SA
Banco Espirito Santo SA
Banco Comercial
Portugues SA
Galp Energia SGPS SA
Class B
*
EDP Renovaveis SA
Jeronimo Martins
SGPS SA
^
Cimpor Cimentos
de Portugal SGPS SA
Brisa Auto-Estradas
de Portugal SA
Spain (7.0%)
Banco Santander SA
Telefonica SA
Banco Bilbao Vizcaya
Argentaria SA
Iberdrola SA
Repsol YPF SA
Inditex SA
^
Banco Popular Espanol SA
^
ACS Actividades de
Construccion y
Servicios SA
^
Banco de Sabadell SA
Abertis Infraestructuras SA
Red Electrica Corp. SA
Gas Natural SDG SA
Criteria Caixacorp SA
Iberdrola Renovables SA
Enagas
Gamesa Corp.
Tecnologica SA
Acciona SA
Mapfre SA
Banco Santander SA ADR
^
Bankinter SA
^
Acerinox SA
Zardoya Otis SA
^
Grupo Ferrovial SA
Indra Sistemas SA
Telefonica SA ADR
^
Cintra Concesiones de
Infraestructuras de
Transporte SA
Grifols SA
^
Banco de Valencia SA
^
Fomento de Construcciones
y Contratas SA
*
Iberia Lineas Aereas
de Espana
^
Sacyr Vallehermoso SA
^
Gestevision Telecinco SA
Sweden (3.9%)
Nordea Bank AB
Telefonaktiebolaget LM
Ericsson Class B
Hennes & Mauritz AB
Class B
TeliaSonera AB
Svenska Handelsbanken
AB Class A
Sandvik AB
Volvo AB Class B
*
Skandinaviska Enskilda
Banken AB Class A
Atlas Copco AB Class A
Investor AB Class B
Svenska Cellulosa AB
Class B
476,687
1,166,536
9,899
7,646
546,754
3,257
120,396
3,099,313
13,707
990,006
886,931
11,316
6,546
3,996,934
5,698
256,384
362,822
4,318
3,616
369,400
3,291
397,744
3,100
296,778
2,932
54,524
13,444,108
6,996,106
216,346
195,377
5,998,074
6,196,772
1,233,477
366,793
1,464,765
107,216
56,134
32,837
21,530
13,048
243,224
1,527,845
474,330
183,979
373,900
1,430,635
1,423,669
301,973
11,679
10,314
10,086
9,502
7,512
6,974
6,328
6,211
310,257
43,177
1,183,040
314,353
472,595
237,968
219,462
94,381
166,162
44,539
5,669
5,260
5,070
5,048
4,981
4,732
4,405
3,910
3,908
3,738
333,918
210,632
351,328
3,436
3,403
2,977
63,014
2,563
829,002
150,890
162,721
2,286
2,283
1,682
776,445
5,446,103
58,455
5,019,839
52,446
861,236
3,769,584
48,920
24,984
823,036
1,698,544
1,836,061
21,269
18,763
17,388
2,556,584
1,132,138
771,597
15,486
15,181
13,652
954,565
Rights Exp. 11/7/08
Luxembourg (0.6%)
ArcelorMittal
(Paris Shares)
SES Global Fiduciary
Depositary Receipts
Millicom International
Cellular SA
Acergy SA
Netherlands (3.7%)
Unilever NV
Koninklijke KPN NV
Koninklijke (Royal)
Philips Electronics NV
ING Groep NV
Koninklijke Ahold NV
Akzo Nobel NV
Reed Elsevier NV
Heineken NV
TNT NV
ASML Holding NV
Aegon NV
^
European Aeronautic
Defence and Space Co.
Wolters Kluwer NV
Koninklijke DSM NV
Heineken Holding NV
SBM Offshore NV
Corio NV
Fugro NV
Randstad Holding NV
Koninklijke Boskalis
Westminster NV
SNS REAAL
^*
TomTom NV
ASML Holding NV
(New York Shares)
Aegon NV (New York) ARS
Norway (1.1%)
StatoilHydro ASA
Orkla ASA
Telenor ASA
DnB NOR ASA
Yara International ASA
Norsk Hydro ASA
Seadrill Ltd.
^
Frontline Ltd.
^*
Renewable Energy Corp.
AS
Storebrand ASA
Aker Solutions ASA
*
Petroleum Geo-Services
ASA
Portugal (0.4%)
Electricidade de
Portugal SA
Portugal Telecom
SGPS SA
^
Banco Comercial
Portugues SA
^
Brisa-Auto Estradas de
Portugal SA
Banco Espirito Santo SA
^
Cimpor-Cimento de
Portugal SA
Jeronimo Martins,
SGPS, SA
Zon Multimedia Servicos
de Telecomunicacoes
e Multimedia SGPS SA
Banco BPI SA
Sonae SGPS SA
Spain (5.9%)
Telefonica SA
Banco Santander
Central Hispano SA
Banco Bilbao Vizcaya
13,117
7
937,309
382
917,665
2,843,784
73,965
989,272
17,797
231,749
629,485
8,571
4,257
104,590
5,329,342
5,897,571
128,434
83,057
3,366,016
6,240,706
3,899,935
889,484
2,052,068
801,456
1,240,995
1,378,420
4,562,166
62,203
58,540
41,867
36,972
27,428
27,036
26,190
24,131
18,957
1,060,736
972,574
444,346
360,885
467,337
142,289
191,349
319,907
17,643
17,217
12,374
10,956
8,221
7,604
6,838
6,218
179,098
419,765
194,425
5,913
3,079
1,482
34,293
3,320
602
14
632,976
4,198,527
2,711,944
2,741,223
2,396,241
622,672
2,255,503
909,583
172,000
84,448
18,054
16,357
13,887
13,009
9,424
8,757
5,350
488,200
1,278,459
527,145
4,606
3,030
2,883
542,477
2,701
182,506
5,984,810
20,385
2,007,779
13,205
7,629,963
8,868
979,314
735,978
7,513
7,007
891,716
4,069
733,322
3,742
548,772
874,411
2,843,363
2,785
1,802
1,729
71,105
13,792,445
255,366
20,524,656
221,978
*
*
*
*
*
SKF AB
Skanska AB Class B
Electrolux AB Class B
Assa Abloy AB Class B
Swedish Match AB
Millicom International
Cellular SA
Atlas Copco AB Class B
Tele2 AB
Swedbank AB Class A
Alfa Laval AB
Scania AB Class B
Volvo AB Class A
Getinge AB
Securitas AB Class B
SSAB AB Class A
Husqvarna AB
Lundin Petroleum AB
Holmen AB
SSAB AB Class B
Switzerland (11.6%)
Nestle SA
Roche Holdings AG
Novartis AG
Credit Suisse Group AG
*
UBS AG
ABB Ltd.
Zurich Financial
Services AG
Syngenta AG
Holcim Ltd.
Compagnie Financiere
Richemont SA
Swiss Reinsurance Co. Ltd.
Swisscom AG
Julius Baer Group Ltd.
Swatch Group AG (Bearer)
Synthes Inc.
Geberit AG
SGS SA
Givaudan SA
*
Actelion Ltd.
Adecco SA
Kuehne & Nagel
International AG
Sonova Holding AG
Baloise Holding AG
Swiss Life Holding AG
Nobel Biocare Holding AG
Lonza Group AG
Schindler Holding AG
*
Logitech International SA
Lindt & Spruengli AG
GAM Holding Ltd.
Pargesa Holding SA
Swatch Group AG
(Registered)
Straumann Holding AG
Lindt & Spruengli AG
*
Aryzta AG
Schindler Holding AG
*
Aryzta AG (Ireland Shares)
BKW FMB Energie AG
*
UBS AG
United Kingdom (31.5%)
HSBC Holdings PLC
BP PLC
Vodafone Group PLC
GlaxoSmithKline PLC
Royal Dutch Shell PLC
Class B
Royal Dutch Shell PLC
Class A
AstraZeneca PLC
British American
Tobacco PLC
Rio Tinto PLC
BHP Billiton PLC
BG Group PLC
*
Barclays PLC
659,909
673,804
395,250
531,676
426,849
10,450
9,888
9,474
9,291
8,760
126,641
665,204
520,502
852,702
584,378
542,050
725,127
340,623
525,787
308,918
673,863
362,866
86,960
138,792
8,132
7,926
7,587
7,346
7,137
6,954
6,697
6,347
4,906
4,709
4,243
3,073
2,347
1,941
426,869
6,126,666
1,183,026
3,562,225
1,895,003
5,938,697
3,714,298
284,900
189,477
185,500
101,301
99,026
69,091
247,683
163,196
413,365
56,718
38,642
26,308
876,299
580,449
40,536
353,174
51,858
99,905
68,898
7,968
12,879
170,702
205,762
24,531
23,636
14,630
13,295
12,109
11,852
11,398
10,644
9,561
9,410
9,194
91,535
78,314
84,531
50,740
212,431
77,422
81,555
309,968
188
357,347
44,448
8,293
8,060
7,238
6,078
6,027
6,020
5,575
5,291
4,773
4,360
3,558
71,585
13,020
1,447
76,814
35,889
59,634
21,760
51,025
3,210
3,143
3,047
3,015
2,487
2,308
1,790
846
1,286,342
29,155,890
29,789,185
83,130,575
8,734,439
322,176
279,133
183,206
179,167
4,538,062
130,640
4,328,822
2,436,414
128,344
109,375
3,361,173
2,308,217
3,716,368
5,657,386
18,578,340
107,107
102,046
100,137
97,382
97,371
*
^
^
^
^
^
*
^
^
^
^
^
^
^
^*
^
^
^
^
Argentaria SA
Iberdrola SA
Repsol YPF SA
Union Fenosa, SA
Industria de Diseno Textil
SA
ACS, Actividades de
Contruccion y Servisios,
SA
Banco Popular Espanol
SA
Banco de Sabadell SA
Red Electrica de Espana
SA
Abertis Infraestructuras
SA
Enagas SA
Gas Natural SDG SA
Gamesa Corporacion
Tecnologica SA
Bankinter SA
Criteria Caixacorp SA
Acciona SA
Iberdrola Renovables
Grifols SA
Zardoya Otis SA
Corporacion Mapfre SA
Grupo Ferrovial SA
Cintra Concesiones de
Infraestructuras de
Transport SA
Indra Sistemas, SA
Fomento de Construc
y Contra SA
Acerinox SA
Telefonica SA ADR
Banco Santander SA
Iberia
(Linea Aerea Espana)
Gestevision Telecinco SA
Sacyr Vallehermoso SA
Promotora de
Informaciones SA
Sweden (2.9%)
Telefonaktiebolaget
LM Ericsson AB
Class B
^
Hennes & Mauritz
AB B Shares
Nordea Bank AB
TeliaSonera AB
Svenska Handelsbanken
AB A Shares
Investor AB B Shares
Sandvik AB
Volvo AB B Shares
Atlas Copco AB A Shares
^
Skandinaviska Enskilda
Banken AB A Shares
Svenska Cellulosa
AB B Shares
Swedish Match AB
SKF AB B Shares
Assa Abloy AB
Skanska AB B Shares
Securitas AB B Shares
^
Swedbank AB A Shares
Scania AB B Shares
Atlas Copco AB B Shares
Alfa Laval AB
Tele2 AB B Shares
Getinge AB B Shares
^
Electrolux AB Series B
^
Husqvarna AB B Shares
SSAB Svenskt Stal
AB Series A
^
Holmen AB
Modern Times Group
AB B Shares
^*
Lundin Petroleum AB
SSAB Svenskt Stal
8
11,648,522
11,436,717
2,396,926
1,196,281
135,197
82,772
45,580
25,382
713,954
24,133
636,597
23,636
2,590,952
3,003,428
23,579
20,486
352,511
15,451
874,466
585,621
367,852
15,018
11,442
11,322
600,134
860,835
2,768,375
92,900
2,745,041
413,082
414,946
2,229,794
208,326
9,839
9,289
8,959
8,787
8,351
8,221
7,861
7,096
6,420
709,164
322,039
6,309
6,258
150,120
467,286
87,308
403,252
5,969
5,874
4,846
4,431
1,539,517
353,420
243,285
3,632
2,838
2,244
287,236
1,125
1,029,691
9,699,502
66,028
1,672,317
6,803,694
7,348,882
59,968
54,532
32,333
1,501,424
1,490,700
3,285,297
3,553,810
2,190,072
27,592
22,482
21,322
18,571
18,369
1,522,997
15,094
1,839,478
836,994
1,268,101
1,028,571
1,241,678
1,028,615
1,174,639
1,168,548
1,273,595
1,250,704
1,005,494
591,918
820,765
898,089
13,583
11,623
11,551
11,484
10,906
9,876
9,707
9,604
9,535
9,029
8,580
8,279
7,556
6,227
581,316
173,838
5,878
4,900
165,453
703,154
3,550
3,357
*
*
^,*
*
*
^
*
*
Tesco PLC
Standard Chartered PLC
Anglo American PLC
Diageo PLC
Unilever PLC
Reckitt Benckiser
Group PLC
Imperial Tobacco
Group PLC
Royal Dutch Shell PLC
Class A
Xstrata PLC
SABMiller PLC
National Grid PLC
Lloyds Banking
Group PLC
Prudential PLC
Centrica PLC
BAE Systems PLC
Cadbury PLC
Aviva PLC
BT Group PLC
Scottish & Southern
Energy PLC
Tullow Oil PLC
Rolls-Royce Group PLC
Compass Group PLC
Royal Bank of
Scotland Group PLC
Pearson PLC
WPP PLC
British Sky Broadcasting
Group PLC
Shire PLC
BP PLC ADR
WM Morrison
Supermarkets PLC
Experian PLC
Old Mutual PLC
Reed Elsevier PLC
Marks & Spencer
Group PLC
Man Group PLC
Kingfisher PLC
Land Securities
Group PLC
Standard Life PLC
Smith & Nephew PLC
Capita Group PLC
Legal & General
Group PLC
Vodafone Group PLC ADR
British Land Co. PLC
RSA Insurance Group PLC
J Sainsbury PLC
International Power PLC
Cable & Wireless PLC
Cairn Energy PLC
Randgold Resources Ltd.
Next PLC
Wolseley PLC
Smiths Group PLC
G4S PLC
Carnival PLC
Antofagasta PLC
Johnson Matthey PLC
United Utilities Group PLC
Associated British
Foods PLC
Vedanta Resources PLC
Autonomy Corp. PLC
Hammerson PLC
Sage Group PLC
AMEC PLC
Segro PLC
Home Retail Group PLC
3i Group PLC
Cobham PLC
Serco Group PLC
Rexam PLC
Burberry Group PLC
Kazakhmys PLC
13,298,932
3,382,137
2,216,576
4,202,660
2,163,564
88,673
82,971
80,203
68,453
64,638
1,021,098
50,723
1,711,508
50,437
1,641,308
3,215,156
1,586,061
4,092,457
48,457
46,310
41,573
40,539
27,461,983
4,249,147
8,616,724
5,957,878
2,295,678
4,605,794
13,002,069
38,721
38,597
35,005
30,636
29,023
28,801
27,863
1,550,528
1,352,339
3,118,619
3,107,360
27,367
26,198
22,999
19,707
28,420,712
1,359,791
1,921,729
19,388
18,483
17,222
1,919,063
943,358
293,298
16,733
16,684
16,607
3,555,465
1,734,236
8,945,910
2,040,268
16,295
15,848
15,527
15,447
2,672,142
2,885,211
3,955,375
14,966
14,591
14,457
1,278,614
3,738,319
1,494,406
1,049,836
13,835
13,326
13,210
13,112
9,864,042
525,198
1,451,159
5,607,535
2,017,530
2,576,965
4,265,991
232,023
150,646
336,723
475,251
654,921
2,130,307
276,001
665,293
360,141
1,143,803
12,657
11,654
11,208
11,112
10,888
10,699
10,122
10,007
9,931
9,879
9,613
9,559
8,807
8,556
8,382
8,294
8,246
595,624
235,544
363,000
1,161,320
2,200,708
564,392
1,222,919
1,477,806
1,625,609
1,922,893
824,230
1,490,204
737,580
356,875
8,066
8,060
7,981
7,703
7,685
7,433
7,047
7,034
6,997
6,910
6,819
6,748
6,505
6,351
^
AB Series B
Boliden AB
Switzerland (12.7%)
Nestle SA (Registered)
Novartis AG (Registered)
Roche Holdings AG
*
UBS AG
Credit Suisse Group
(Registered)
Zurich Financial Services
AG
ABB Ltd.
Syngenta AG
Swiss Re (Registered)
Holcim Ltd. (Registered)
*
Compagnie Financiere
Richemont SA
Julius Baer Holding, Ltd.
Synthes, Inc.
Swisscom AG
*
Actelion Ltd.
Swatch Group AG (Bearer)
SGS Societe Generale de
Surveillance Holding
SA (Registered)
Givaudan SA
Adecco SA (Registered)
Geberit AG
Lonza AG (Registered)
Kuehne &
Nagel International AG
Swiss Life Holding
Baloise Holdings AG
*
Logitech International SA
Schindler Holding AG
(Bearer Participation
Certificates)
Pargesa Holding SA
Nobel Biocare Holding AG
Sonova Holding AG
Lindt & Spruengli AG
Sulzer AG (Registered)
Swatch Group AG
(Registered)
*
Aryzta AG (Ireland Shares)
^
Straumann Holding AG
*
Aryzta AG
EFG International
^*
OC Oerlikon Corp AG
*
UBS AG (New York Shares)
United Kingdom (32.2%)
BP PLC
HSBC Holdings PLC
GlaxoSmithKline PLC
Vodafone Group PLC
Royal Dutch Shell PLC
Class B
Royal Dutch Shell PLC
Class A
(Amsterdam Shares)
AstraZeneca Group PLC
BG Group PLC
British American Tobacco
PLC
Rio Tinto PLC
Tesco PLC
Diageo PLC
BHP Billiton PLC
Anglo American PLC
Unilever PLC
National Grid Transco
PLC
Imperial Tobacco Group
PLC
Royal Dutch Shell PLC
Class A
Reckitt Benckiser Group
PLC
Standard Chartered PLC
Barclays PLC
9
265,337
921,095
2,405
2,215
496,136
12,858,743
7,783,387
2,298,344
9,514,695
500,038
395,069
351,479
161,438
3,422,814
127,992
476,200
7,198,007
340,427
1,151,061
689,946
96,610
94,446
63,637
48,004
39,188
1,708,168
693,713
194,197
74,196
321,017
104,047
35,910
27,131
25,060
22,671
16,959
16,236
15,328
21,363
401,867
129,576
155,862
15,091
14,557
13,980
13,462
12,935
175,199
114,765
165,780
567,817
10,608
10,341
8,863
8,465
167,792
88,661
391,223
153,643
2,719
88,009
7,264
6,792
6,721
6,384
5,849
5,196
169,717
135,681
25,815
120,510
170,944
22,574
100,268
4,860
4,842
4,381
4,261
3,680
1,751
1,695
2,193,846
58,158,406
39,272,586
17,893,098
163,507,416
474,077
465,153
343,976
314,542
8,961,986
242,975
8,492,604
4,763,526
10,945,624
235,389
201,871
160,944
5,624,275
3,265,061
25,690,147
8,344,153
7,220,395
4,324,974
4,246,214
154,270
152,518
140,759
127,336
122,606
108,519
95,395
8,163,540
91,963
3,324,007
89,088
3,111,039
85,475
1,979,431
4,646,517
26,640,814
83,729
76,793
76,368
*
^
^
^,*
*
^
*
Invensys PLC
Liberty International PLC
Lonmin PLC
Severn Trent PLC
Whitbread PLC
Bunzl PLC
ICAP PLC
Eurasian Natural
Resources Corp.
Intercontinental Hotels
Group PLC
Admiral Group PLC
Friends Provident
Group PLC
Petrofac Ltd.
Balfour Beatty PLC
Investec PLC
Firstgroup PLC
Drax Group PLC
Tomkins PLC
Schroders PLC
Fresnillo PLC
TUI Travel PLC
London Stock
Exchange Group PLC
Ladbrokes PLC
British Airways PLC
Berkeley Group
Holdings PLC
Thomas Cook Group PLC
Carphone Warehouse
Group PLC
WPP PLC ADR
Resolution Ltd.
普通株式合計
(原価 $14,517,557)
短期現物投資合計 (3.0%)
Money Market Fund (2.9%)
Vanguard Market
Liquidity Fund, 0.225%
1,367,500
845,825
260,819
398,993
295,285
552,667
880,954
6,321
6,244
6,239
6,215
6,143
6,008
5,855
424,974
5,783
438,301
315,972
5,603
5,311
3,894,426
331,916
1,144,354
695,990
804,301
617,503
1,495,114
206,471
295,701
918,205
5,192
5,109
4,975
4,968
4,947
4,698
4,102
3,713
3,583
3,499
243,506
1,517,841
996,029
3,387
3,024
2,958
205,006
713,274
2,861
2,389
680,135
40,001
1,152,244
2,051
1,791
1,702
3,485,333
*
10,908,245
318,103,762
318,104
額面
U.S. Government and Agency Obligations (0.1%)
Federal Home Loan
Bank Discount Notes,
0.275%, 2/19/10
10,000
Freddie Mac Discount
Notes, 0.205%, 3/22/10
4,000
短期現物投資合計
(原価 $332,092)
投資総額 (101.7%)
(原価 $14,849,649)
その他の資産及び負債 (–1.7%)
Other Assets
3
Liabilities
純資産 (100%)
9,997
3,998
13,995
332,099
11,240,344
65,449
(254,547)
(189,098)
11,051,246
* 配当を出さない有価証券
^ 証券ポジションの一部はブローカー/ディーラーに貸し付けられている
*
^
10
BAE Systems PLC
Lloyds TSB Group PLC
Royal Bank of
Scotland Group PLC
Centrica PLC
Scottish &
Southern Energy PLC
Aviva PLC
BT Group PLC
SABMiller PLC
Prudential PLC
Cadbury PLC
British Energy Group PLC
Xstrata PLC
Morrison Supermarkets
PLC
Man Group PLC
Reed Elsevier PLC
Rolls-Royce Group PLC
HBOS PLC
BP PLC ADR
Compass Group PLC
Standard Life PLC
Land Securities Group
PLC
Smith & Nephew PLC
Pearson PLC
United Utilities Group
PLC
Shire Ltd.
Royal & Sun Alliance
Insurance Group PLC
Legal & General Group
PLC
British Sky
Broadcasting Group
PLC
Capita Group PLC
Tullow Oil PLC
Vodafone Group PLC ADR
WPP Group PLC
Experian Group Ltd.
Marks & Spencer Group
PLC
International Power PLC
Severn Trent PLC
British Land Co., PLC
Smiths Group PLC
Cable and Wireless PLC
J. Sainsbury PLC
Kingfisher PLC
Old Mutual PLC
Associated British Foods
PLC
Rexam PLC
Group 4 Securicor PLC
The Sage Group PLC
Wolseley PLC
Carnival PLC
Cobham PLC
Cairn Energy PLC
Next PLC
3i Group PLC
Hammerson PLC
Bunzl PLC
Thomson Reuters PLC
Johnson Matthey PLC
FirstGroup PLC
Drax Group PLC
Lonmin PLC
Serco Group PLC
Liberty International PLC
Home Retail Group
Amec PLC
Tate & Lyle PLC
Friends Provident PLC
ICAP PLC
Whitbread PLC
Antofagasta PLC
InterContinental
Hotels Group PLC
Vedanta Resources PLC
11,514,840
19,412,063
64,724
62,742
54,080,402
12,053,088
59,570
59,227
2,846,290
8,691,979
25,280,961
2,955,882
8,145,080
4,431,135
3,382,598
2,079,175
55,792
51,848
47,504
46,951
40,915
40,688
40,459
35,563
7,902,909
5,618,518
3,603,325
5,957,768
17,679,593
575,360
6,066,235
7,124,413
33,650
32,438
31,617
31,522
28,949
28,595
28,209
27,579
1,541,072
2,905,415
2,643,786
27,355
26,603
26,333
2,230,852
1,832,864
25,191
24,017
10,657,932
23,701
19,780,658
22,750
3,729,227
1,971,882
2,357,944
1,030,225
3,244,313
3,357,547
22,694
20,375
20,025
19,852
19,407
18,517
5,181,283
4,947,354
768,873
1,662,872
1,261,798
8,175,900
3,420,343
7,717,310
16,362,880
18,368
17,699
16,995
16,581
16,246
16,205
15,625
14,244
13,250
1,161,622
2,107,372
4,151,079
4,289,767
2,171,127
532,567
3,732,869
431,793
651,996
1,261,866
952,930
1,076,863
614,742
696,564
1,581,027
1,112,680
515,041
1,591,221
822,661
2,851,297
1,078,670
1,500,202
7,541,583
1,692,333
576,990
1,288,868
12,998
12,699
12,572
12,009
11,882
11,712
11,345
11,187
11,082
11,007
10,983
10,827
10,651
10,484
10,433
10,339
9,606
9,489
9,153
9,088
9,025
8,919
8,648
8,433
8,363
7,963
862,000
475,400
7,318
6,584
*
^
^
Segro PLC
Invensys PLC
Burberry Group PLC
Balfour Beatty PLC
TUI Travel PLC
LogicaCMG PLC
Tomkins PLC
Stagecoach Group PLC
Eurasian Natural
Resources Corp.
Schroders PLC
ITV PLC
Investec PLC
Hays PLC
Ladbrokes PLC
United Business
Media Ltd.
Meggitt PLC
Persimmon PLC
IMI PLC
London Stock Exchange
PLC
GKN PLC
Daily Mail and
General Trust PLC
Thomas Cook Group PLC
Mondi PLC
Rentokil Initial PLC
British Airways PLC
National Express Group
PLC
William Hill PLC
Mitchells & Butlers PLC
Kazakhmys PLC
The Berkeley Group
Holdings PLC
Carphone Warehouse
PLC
Enterprise Inns PLC
WPP Group PLC ADR
Inchcape PLC
普通株式合計
(原価 $24,683,829)
短期現物投資合計 (3.2%)
Money Market Fund (3.0%)
Vanguard Market
Liquidity Fund,
2.22%
U.S. Agency Obligations (0.2%)
Federal Home Loan Bank,
2.674%, 2/27/09
Federal Home Loan
Mortgage Corp.,
2.383%, 2/9/09
Federal National
Mortgage Assn.,
2.585%, 11/17/08
短期現物投資合計
(原価 $554,048)
投資総額 (102.6%)
(原価 $25,237,877)
その他の資産及び負債 (–2.6%)
Other Assets
Liabilities
純資産 (100%)
1,441,688
2,571,746
1,432,391
1,568,451
1,836,703
4,775,049
2,876,781
1,747,353
6,509
6,449
6,375
6,338
5,606
5,316
5,280
5,247
1,044,573
406,988
10,752,321
1,326,697
4,525,365
1,938,116
5,224
5,217
5,193
5,038
4,968
4,939
756,774
2,186,146
962,035
1,047,957
4,924
4,789
4,657
4,657
503,273
2,323,697
4,566
4,456
908,886
1,575,279
1,174,912
5,793,344
1,857,699
4,280
4,273
4,264
4,211
4,111
426,535
1,113,603
1,342,377
713,165
3,929
3,424
3,398
3,344
270,078
3,252
1,313,186
1,598,578
78,406
1,381,578
2,851
2,517
2,384
1,762
5,572,868
17,191,552
524,204,153
524,204
9,000
8,930
10,000
9,934
11,000
10,992
29,856
554,060
17,745,612
200,308
-647,791
-447,483
17,298,129
* 配当を出さない有価証券
^ 証券ポジションの一部はブローカー/ディーラーに貸し付けられている
11
当該 ETF は Vanguard® European Stock Index Fund のシェアクラスの１つです。上記株式数と価格は
Vanguard® European Stock Index Fund の全シェアクラスの合計を表しています。
（注１） 当該証券については我が国の金融商品取引法に基づいた発行者開示は行われていません。
（注２） 本説明書は、日本証券業協会による「外国証券の取引に関する規則」に従って作成したものであり、当該証券に関する詳細
かつ完全な情報が記載されているものではありません。
（注３） 株価の下落や発行者の経営・財務状況の変化およびそれらに関する外部評価の変化等により、損失を被ることがあります。
さらに為替相場の変動により、損失を被ることがあります。
（注４） 本説明書は目論見書、年次報告書などに基づいて作成するため、記載された決算期が直近に終了した決算期より古い場合や、
年次報告書などがリリースされた後の決算数字修正を反映していない場合がありますので、ご了承ください。
12