Fund Description: Vanguard International High Dividend Yield ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Vanguard Whitehall Funds, an open-end investment management company. INVESTMENT OBJECTIVE: The Vanguard International High Dividend Yield ETF seeks to track the performance of the FTSE All-World ex US High Dividend Yield Index. INDEX DESCRIPTION: The FTSE All-World ex US High Dividend Yield Index focuses on companies located in developed and emerging markets, excluding the United States, that are forecasted to have above-average dividend yields. FUND STRATEGY: The Fund employs an indexing investment approach designed to track the performance Index. The Fund invests by sampling the Index, meaning that it holds a broadly diversified collection of securities that, in the aggregate, approximates the full Index in terms of key characteristics. These key characteristics include industry weightings and market capitalization, as well as certain financial measures, such as price/earnings ratio and dividend yield. FUND MANAGEMENT: The Vanguard Group, Inc. serves as investment advisor to the Fund.