{"annotation_id":"05d40f7d-3765-481f-83ab-60445e026273","file_hash":"196bc0dc48722f4b84556a546e0cf3cdb6f94af43fb72ea9ad78e3f9b5a92dab","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"9fab6820-922e-41e6-ba72-65f00658a428","block_type":"box","text":"State Street Europe Screened Index","page_number":1,"box":{"x":51,"y":71,"width":622,"height":23}},{"id":"4a37e724-f072-44a0-9d0c-f4759a53dccb","block_type":"box","text":"Equity Fund - B","page_number":1,"box":{"x":52,"y":105,"width":257,"height":23}},{"id":"0b2ef89c-a1fa-4c5f-bd1a-e78529692964","block_type":"box","text":"Asset Class","page_number":1,"box":{"x":754,"y":46,"width":58,"height":6}},{"id":"0ce97e8a-e630-4023-a349-c273841eea79","block_type":"box","text":"Equity","page_number":1,"box":{"x":754,"y":62,"width":34,"height":7}},{"id":"f4d2bd00-6c85-47a8-bc31-4bd4fc5919c6","block_type":"box","text":"Fund Identifier","page_number":1,"box":{"x":754,"y":92,"width":72,"height":6}},{"id":"cc7f0bb5-70f6-4547-9a15-62bb44426c14","block_type":"box","text":"LU1159236683","page_number":1,"box":{"x":754,"y":107,"width":78,"height":6}},{"id":"e104502f-61d7-43d1-a10f-81d5f2eb01fe","block_type":"box","text":"As of 31 Aug 2026","page_number":1,"box":{"x":753,"y":138,"width":95,"height":7}},{"id":"1c047973-b174-4aa8-9f0c-b7dbd9f38610","block_type":"box","text":"Climate Metrics","page_number":1,"box":{"x":51,"y":188,"width":225,"height":15}},{"id":"f8dcca80-12b8-4e5a-aa29-db8c544e431b","block_type":"box","text":"Source: State Street Investment Management, MSCI,Task Force on Climate-related Financial Disclosures. Holdings as of 31 Aug 2026, sustainability data as of 31 Jul 2026.","page_number":1,"box":{"x":50,"y":221,"width":844,"height":7}},{"id":"b394997c-d5d6-4030-baf6-70df70ee54ff","block_type":"box","text":"See Glossary for detailed calculation notes such as missing data treatment, data lag and exclusions. The results are estimates based on assumptions and analysis made by State","page_number":1,"box":{"x":50,"y":235,"width":875,"height":7}},{"id":"fac112e7-377c-437b-9e13-26b8c31d4c19","block_type":"box","text":"Street Investment Management. They are not intended to represent actual results of any offering.","page_number":1,"box":{"x":50,"y":245,"width":481,"height":8}},{"id":"6d7d251c-9c5d-4a45-a10d-ca2735befe53","block_type":"box","text":"Actual results may differ.","page_number":1,"box":{"x":50,"y":259,"width":123,"height":7}},{"id":"0e320cbe-9d01-498a-8bca-78f4ef4449d5","block_type":"box","text":"Green Revenues","page_number":1,"box":{"x":50,"y":290,"width":123,"height":8}},{"id":"08f63c2a-ffb7-4b24-8b35-4b6dab44827b","block_type":"box","text":"Brown Revenues","page_number":1,"box":{"x":284,"y":290,"width":125,"height":8}},{"id":"5a727607-fe5a-4227-a099-3fb6f6e5f346","block_type":"box","text":"4.94%","page_number":1,"box":{"x":104,"y":315,"width":51,"height":8}},{"id":"f7813a37-1d70-4658-91e4-3773cad0e701","block_type":"box","text":"6.17%","page_number":1,"box":{"x":338,"y":315,"width":51,"height":8}},{"id":"e109794b-8d71-48ba-bab4-4ac17b2307bd","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":51,"y":344,"width":93,"height":8}},{"id":"e6df56bf-9534-4500-a17a-c42e7990712e","block_type":"box","text":"100.00%","page_number":1,"box":{"x":175,"y":346,"width":53,"height":5}},{"id":"57108314-f410-4072-870a-5df6876fe9b1","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":284,"y":344,"width":93,"height":8}},{"id":"3dfb83f3-9015-4b27-92b6-d1218c0fc830","block_type":"box","text":"100.00%","page_number":1,"box":{"x":408,"y":346,"width":53,"height":5}},{"id":"8b4e11a4-d675-4ddd-94ba-dcd415ea0717","block_type":"box","text":"Implied Temperature","page_number":1,"box":{"x":51,"y":387,"width":162,"height":10}},{"id":"64aecddf-251e-4de0-8905-285170eecb75","block_type":"box","text":"Rise (°C)","page_number":1,"box":{"x":51,"y":401,"width":64,"height":10}},{"id":"2de7d873-7f82-40dc-a9d6-cfe8c0e2ddcd","block_type":"box","text":"Potential Emissions","page_number":1,"box":{"x":284,"y":387,"width":146,"height":8}},{"id":"2dd2c4e2-63bc-4a73-b555-dc1621bd9cc1","block_type":"box","text":"2.26","page_number":1,"box":{"x":105,"y":425,"width":39,"height":8}},{"id":"eeacf248-0d2b-4608-b70a-a587c3e08ca1","block_type":"box","text":"1.12","page_number":1,"box":{"x":339,"y":425,"width":38,"height":8}},{"id":"e374b39f-1805-44d5-ba2c-984c2f09d12e","block_type":"box","text":"ktCO2-eq per $mn invested","page_number":1,"box":{"x":338,"y":441,"width":111,"height":7}},{"id":"9505e582-2fb4-4101-a227-39a8f5b3b04c","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":51,"y":454,"width":93,"height":8}},{"id":"973cc281-8d71-40d6-9c20-2dc49cb2f9f2","block_type":"box","text":"99.42%","page_number":1,"box":{"x":182,"y":456,"width":46,"height":5}},{"id":"7eda9a96-f95a-46c7-b7e8-3c089f7f7085","block_type":"box","text":"Carbon Footprint","page_number":1,"box":{"x":50,"y":496,"width":133,"height":10}},{"id":"9d755d37-01d5-4d51-8191-b94f7fe1260d","block_type":"box","text":"(t CO2e/$M EVIC)","page_number":1,"box":{"x":184,"y":499,"width":76,"height":5}},{"id":"10e06640-8799-4bae-b5ac-e2ee9794fd5f","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":318,"y":515,"width":41,"height":6}},{"id":"816908f2-a50f-4b3d-9401-4b42799fea99","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":390,"y":515,"width":93,"height":7}},{"id":"c24808f3-5ac3-49f1-8227-cd2feeeef3aa","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":50,"y":529,"width":37,"height":7}},{"id":"a4eefb68-44e4-466e-a36f-4154bcc07874","block_type":"box","text":"35.02","page_number":1,"box":{"x":322,"y":530,"width":37,"height":6}},{"id":"edc29f47-40e9-4119-9d7d-659178293014","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":530,"width":53,"height":6}},{"id":"e8a856e4-68c7-4373-b9b5-a9e984d254f3","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":50,"y":545,"width":41,"height":8}},{"id":"7b9f2f48-712e-48d9-adcc-6fda1ec2d9bd","block_type":"box","text":"7.19","page_number":1,"box":{"x":330,"y":547,"width":29,"height":5}},{"id":"78dead45-f0dd-45b2-9bdd-8d4a39139699","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":547,"width":53,"height":5}},{"id":"fd2612fa-3c10-4c8b-bc6b-91d5feb2d16d","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":50,"y":562,"width":41,"height":7}},{"id":"f0726358-12db-4ce9-8774-2b7d24429667","block_type":"box","text":"467.63","page_number":1,"box":{"x":314,"y":563,"width":45,"height":6}},{"id":"0d805d5c-1323-442c-8812-677d8488ebad","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":563,"width":53,"height":6}},{"id":"55755797-d362-454c-89d7-2c20c637f200","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":50,"y":579,"width":52,"height":7}},{"id":"b9ccb279-7216-41d0-b6b1-efc615668139","block_type":"box","text":"42.20","page_number":1,"box":{"x":322,"y":580,"width":37,"height":6}},{"id":"26343e75-f074-4299-bc18-e7563468e434","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":580,"width":53,"height":6}},{"id":"da0f361c-7181-4ba5-9cc0-3819513051d1","block_type":"box","text":"Scope 1+2+3","page_number":1,"box":{"x":50,"y":595,"width":66,"height":8}},{"id":"d8dbcc58-808c-4e67-b075-350fb8bde35d","block_type":"box","text":"521.11","page_number":1,"box":{"x":314,"y":597,"width":45,"height":5}},{"id":"b5f57fe4-78d6-4fef-96da-1c609aaabe28","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":597,"width":53,"height":5}},{"id":"36513e8a-92a4-4803-8d95-94e496cf474b","block_type":"box","text":"Total Carbon Emissions","page_number":1,"box":{"x":516,"y":291,"width":177,"height":8}},{"id":"cfcc69d3-17fb-45a1-823a-d64a2f6e6fc2","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":315,"width":42,"height":6}},{"id":"0f71e5e5-1d5c-45e3-9b08-9068b4cc9bad","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":315,"width":93,"height":7}},{"id":"e000fd42-9ce6-4578-87ce-2a1fd0e376a0","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":516,"y":329,"width":37,"height":7}},{"id":"ebd703ed-4a63-4098-9917-d6c508e4dfb6","block_type":"box","text":"27,695.20","page_number":1,"box":{"x":772,"y":330,"width":69,"height":7}},{"id":"54b502fd-8ea3-4e43-8c7e-49f95f1853d2","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":330,"width":52,"height":6}},{"id":"49336bc4-d692-45c2-a6ce-7ee199103ad6","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":516,"y":346,"width":40,"height":7}},{"id":"c1386d0d-4673-415e-aa58-9803e3e4a033","block_type":"box","text":"5,682.80","page_number":1,"box":{"x":780,"y":347,"width":61,"height":7}},{"id":"35449226-534f-492d-9a3f-1cd79869f784","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":347,"width":52,"height":6}},{"id":"aea92ccd-c95f-4fec-96c6-04104e56b785","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":516,"y":362,"width":40,"height":7}},{"id":"2383f2b8-b664-47e3-b4ba-7382cc236272","block_type":"box","text":"369,847.81","page_number":1,"box":{"x":764,"y":363,"width":77,"height":8}},{"id":"f9633ca4-4523-43a7-b8f2-2101adc90649","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":363,"width":52,"height":6}},{"id":"8ba4d1a7-118c-4ba7-9b0a-780bb2172ea4","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":516,"y":379,"width":51,"height":7}},{"id":"68a517ed-9c16-4b86-a72c-b01e7ffcde5a","block_type":"box","text":"33,378.56","page_number":1,"box":{"x":772,"y":380,"width":69,"height":7}},{"id":"a43e47fc-ee39-47d5-966f-39b7e2113812","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":380,"width":52,"height":6}},{"id":"57002050-5e0a-4366-8843-1bca07f5e990","block_type":"box","text":"Weighted Average Carbon Intensity","page_number":1,"box":{"x":515,"y":422,"width":271,"height":10}},{"id":"cff866d0-9d61-4f15-8575-40618e6ec74d","block_type":"box","text":"(t CO2e/$M Sales)","page_number":1,"box":{"x":787,"y":425,"width":77,"height":6}},{"id":"42fe284f-3c41-40c3-8227-118e6c97b568","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":446,"width":42,"height":6}},{"id":"0e218542-d863-4e9d-9dee-40a475b418cb","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":446,"width":93,"height":7}},{"id":"e0efb32d-2e19-4060-8bc9-977a9f78654b","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":516,"y":460,"width":37,"height":7}},{"id":"12b8f632-9355-44e9-ad89-53d19eed2a32","block_type":"box","text":"56.88","page_number":1,"box":{"x":803,"y":461,"width":38,"height":6}},{"id":"747226e7-e3db-48fb-9d6c-5425eaf93f50","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":461,"width":52,"height":6}},{"id":"4784a6ed-660d-4e86-94dd-06f86173b9a4","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":516,"y":477,"width":40,"height":7}},{"id":"712c0212-3159-4af9-a7cb-9a91018b3db2","block_type":"box","text":"18.28","page_number":1,"box":{"x":803,"y":478,"width":38,"height":6}},{"id":"9ba7e4ab-486c-453c-8dfe-4257e6b2045f","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":478,"width":52,"height":6}},{"id":"40d7aca6-2fc9-40d4-80a3-c2c44273942a","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":516,"y":493,"width":40,"height":8}},{"id":"e51382a8-d5d0-4d70-b83b-bb9e00529a86","block_type":"box","text":"807.78","page_number":1,"box":{"x":795,"y":495,"width":46,"height":5}},{"id":"9dcab114-b614-4a44-b069-ad639dce4fba","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":495,"width":52,"height":5}},{"id":"e37a5af1-fa6e-488f-8628-6731f61182f7","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":516,"y":510,"width":51,"height":7}},{"id":"0b041759-dcfc-4ed9-8451-a2e768bb679d","block_type":"box","text":"74.67","page_number":1,"box":{"x":803,"y":511,"width":37,"height":6}},{"id":"3f285d60-be69-4cda-89ee-94b16c5572fe","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":511,"width":52,"height":6}},{"id":"cd43daed-eaee-4f10-8e28-2cd6876c95f0","block_type":"box","text":"Scope 1+2+3","page_number":1,"box":{"x":516,"y":527,"width":66,"height":7}},{"id":"6c29d397-fd87-460c-9be7-9fdc1b2391f8","block_type":"box","text":"888.69","page_number":1,"box":{"x":795,"y":528,"width":45,"height":6}},{"id":"45afd717-ea66-44f5-a260-3cf973b881e8","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":528,"width":52,"height":6}},{"id":"98fe68c2-c23e-461a-8287-23b18d771587","block_type":"box","text":"Climate Value at Risk","page_number":1,"box":{"x":516,"y":569,"width":189,"height":10}},{"id":"7a815301-8c71-495e-b4d3-4d22598536d7","block_type":"box","text":"Policy Risk VaR","page_number":1,"box":{"x":516,"y":595,"width":82,"height":7}},{"id":"7147fa89-4d52-4ad1-a0fa-c61a68dcd547","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":595,"width":42,"height":5}},{"id":"b2624bee-f75c-41e9-a1c0-581b6c199d60","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":595,"width":93,"height":7}},{"id":"9ebfac24-4cce-4666-b401-d67906f16c8b","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":609,"width":127,"height":7}},{"id":"17a45455-abec-4266-a341-c5882f479075","block_type":"box","text":"-13.10%","page_number":1,"box":{"x":789,"y":610,"width":52,"height":6}},{"id":"0ab44153-97da-450c-b5c4-6642fd27a422","block_type":"box","text":"99.48%","page_number":1,"box":{"x":903,"y":610,"width":45,"height":6}},{"id":"7ce7494b-eef5-4918-87ae-a4031f546788","block_type":"box","text":"Technology Opportunities VaR","page_number":1,"box":{"x":516,"y":625,"width":164,"height":7}},{"id":"1f89a2d1-c0e2-4797-ad24-6e21f1fd6360","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":642,"width":127,"height":7}},{"id":"c96bd489-417d-4430-9ba6-5dd152ae3867","block_type":"box","text":"1.33%","page_number":1,"box":{"x":803,"y":643,"width":38,"height":6}},{"id":"46b72447-ca5f-47d3-a560-f23a3774d618","block_type":"box","text":"90.00%","page_number":1,"box":{"x":903,"y":643,"width":45,"height":6}},{"id":"8ecef0be-a243-4a3a-9555-7ae78700a8e6","block_type":"box","text":"Physical Risk VaR","page_number":1,"box":{"x":516,"y":659,"width":95,"height":7}},{"id":"da07037f-1055-43e1-a138-7a42fe6eccab","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":675,"width":127,"height":7}},{"id":"279b4fca-b87c-4541-9c9d-1bde55f10745","block_type":"box","text":"-0.22%","page_number":1,"box":{"x":797,"y":676,"width":44,"height":6}},{"id":"1a0559d7-174b-4032-8807-71c92d202714","block_type":"box","text":"99.29%","page_number":1,"box":{"x":903,"y":676,"width":45,"height":6}},{"id":"d0dde2ca-d8c1-4eca-8220-a9d0c7d3e53f","block_type":"box","text":"Hothouse (3 °C)","page_number":1,"box":{"x":516,"y":692,"width":79,"height":6}},{"id":"1448856b-c489-41e7-8a8a-8fd19ddfe03e","block_type":"box","text":"-0.79%","page_number":1,"box":{"x":797,"y":693,"width":44,"height":6}},{"id":"0abe88d2-a496-4ee0-89d5-8322ffc5283a","block_type":"box","text":"99.29%","page_number":1,"box":{"x":903,"y":693,"width":45,"height":6}},{"id":"a18ad138-4657-4fb3-b6b2-38f1121eecd2","block_type":"box","text":"Report ID: 5592854.1","page_number":1,"box":{"x":362,"y":968,"width":116,"height":9}},{"id":"1f041c8c-61d3-4936-bd21-36eaf2d20357","block_type":"box","text":"Published: 12 Sep 2026","page_number":1,"box":{"x":496,"y":968,"width":129,"height":9}},{"id":"a1c9e60f-dce8-458e-92af-69f94ccf37c3","block_type":"box","text":"P","page_number":1,"box":{"x":902,"y":968,"width":5,"height":6}},{"id":"3afa9675-a9c3-4cd1-aa88-401b3e04a4be","block_type":"box","text":"a","page_number":1,"box":{"x":908,"y":970,"width":5,"height":4}},{"id":"cd6651a2-ef91-455c-aea2-87cbd4927a84","block_type":"box","text":"g","page_number":1,"box":{"x":913,"y":970,"width":6,"height":5}},{"id":"0334a587-2295-43ee-89e7-544f36dcb4b1","block_type":"box","text":"e","page_number":1,"box":{"x":919,"y":970,"width":5,"height":4}},{"id":"3b44815f-ad8d-4760-81b1-1920d00a6286","block_type":"box","text":"1","page_number":1,"box":{"x":926,"y":968,"width":3,"height":6}},{"id":"11d71788-b4e6-441b-9d3b-3e326b51b112","block_type":"box","text":"of","page_number":1,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"e0e31737-05b6-4b85-8627-0e5a2a9bbc27","block_type":"box","text":"4","page_number":1,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"625e2116-9817-40fe-936b-94eb36d919e9","block_type":"box","text":"Glossary","page_number":2,"box":{"x":51,"y":59,"width":129,"height":19}},{"id":"6cc62370-b50d-418b-866c-fe0a71fe7d02","block_type":"box","text":"Sustainability data is as of the date identified in the report sections","page_number":2,"box":{"x":51,"y":95,"width":393,"height":8}},{"id":"27fe3f37-89e2-4c1e-b127-23df40f98a10","block_type":"box","text":"above, usually on a month lag. All metrics are reported in USD unless","page_number":2,"box":{"x":51,"y":107,"width":405,"height":9}},{"id":"7832243b-9fb3-45c9-9d86-c98c281eff22","block_type":"box","text":"otherwise stated.","page_number":2,"box":{"x":51,"y":120,"width":102,"height":7}},{"id":"6fdcbaf3-85dd-478c-b031-9461080c8b3e","block_type":"box","text":"Climate Metrics","page_number":2,"box":{"x":51,"y":152,"width":157,"height":11}},{"id":"21e1b018-3b76-41ab-bfe7-e1b8b5dc0a69","block_type":"box","text":"Data Treatments","page_number":2,"box":{"x":51,"y":173,"width":108,"height":7}},{"id":"93523ad5-18c8-4cc3-86f6-60e9762d32a7","block_type":"box","text":"- State Street applies the data treatments where","page_number":2,"box":{"x":163,"y":173,"width":286,"height":9}},{"id":"0ea9a7dc-40b7-4cf9-afbb-4802579f1dd4","block_type":"box","text":"applicable to Climate Metrics. To review the data treatments and the","page_number":2,"box":{"x":51,"y":186,"width":408,"height":9}},{"id":"3679c48a-bb7e-4883-9825-bbf9c9ad3c1e","block_type":"box","text":"metrics they are applied to please","page_number":2,"box":{"x":51,"y":199,"width":201,"height":9}},{"id":"75fa6a8e-7fef-430b-9b12-be1d8263481f","block_type":"box","text":"click","page_number":2,"box":{"x":255,"y":199,"width":28,"height":7}},{"id":"e73a9b46-9ba8-40d0-b130-44a7914d95c6","block_type":"box","text":"here","page_number":2,"box":{"x":286,"y":199,"width":26,"height":7}},{"id":"c36fe3b4-77cd-4f79-9ca5-0cca4d8a0e50","block_type":"box","text":".","page_number":2,"box":{"x":313,"y":205,"width":2,"height":1}},{"id":"9477ba2b-9643-4cc4-9566-a379d51099f5","block_type":"box","text":"Portfolio Coverage","page_number":2,"box":{"x":51,"y":217,"width":119,"height":8}},{"id":"b9602743-55e0-499b-9b1c-08640e9cbb71","block_type":"box","text":"is dependent upon the universe covered by SSGA’s","page_number":2,"box":{"x":174,"y":217,"width":303,"height":8}},{"id":"3881ea72-1ee5-4189-b52e-2b803e5ac3d5","block_type":"box","text":"external providers. For certain markets and types of companies, there","page_number":2,"box":{"x":51,"y":229,"width":413,"height":9}},{"id":"1430991a-0ad0-42e2-a6e1-32c9c9259dbc","block_type":"box","text":"may be significant limitations in the availability of data, or in some cases,","page_number":2,"box":{"x":51,"y":242,"width":425,"height":9}},{"id":"6168a26f-8609-4f33-97f8-7e2b118ea3e6","block_type":"box","text":"no data may be available at all. In such instances, the benchmark index","page_number":2,"box":{"x":51,"y":255,"width":418,"height":9}},{"id":"7e6de317-f9ad-404b-85b6-8b3a40259ad5","block_type":"box","text":"provider, investment manager, an affiliate of the investment manager or","page_number":2,"box":{"x":51,"y":268,"width":422,"height":9}},{"id":"1a72d718-b19d-4791-944f-3834abe3905c","block_type":"box","text":"another party may use data from a related entity as a proxy or generate","page_number":2,"box":{"x":51,"y":281,"width":422,"height":8}},{"id":"ae1c7ee1-9e47-4f4f-95a5-98d2e9d93235","block_type":"box","text":"estimated data to fill these gaps.","page_number":2,"box":{"x":51,"y":293,"width":191,"height":9}},{"id":"f1600cda-f5cd-425a-92dc-754a36d94ff6","block_type":"box","text":"Green Revenues – MSCI:","page_number":2,"box":{"x":51,"y":311,"width":156,"height":7}},{"id":"07aabaf5-dda6-494b-9503-910222ff58a1","block_type":"box","text":"Weighted Average of each Underlying","page_number":2,"box":{"x":210,"y":311,"width":224,"height":9}},{"id":"2a04e626-bc6b-4d7f-9f02-7b9a26cb63d2","block_type":"box","text":"Security with Green Revenue for the portfolio level.","page_number":2,"box":{"x":51,"y":324,"width":301,"height":9}},{"id":"99cac5b4-250e-496d-9d1f-c58687cb9d26","block_type":"box","text":"Brown Revenues:","page_number":2,"box":{"x":51,"y":342,"width":110,"height":6}},{"id":"72967412-fec9-43bb-b52d-79aa8ca1bd4e","block_type":"box","text":"Percentage of revenue from “brown” sectors and","page_number":2,"box":{"x":165,"y":341,"width":287,"height":9}},{"id":"ea9865a2-7fe3-4931-83de-946bb276dbab","block_type":"box","text":"activities, including fossil fuel extractions, mining, operations, and power","page_number":2,"box":{"x":51,"y":354,"width":425,"height":9}},{"id":"c2c6c03b-c5f3-4c5a-bef4-dfb4e5bf6fa2","block_type":"box","text":"generation, employing MSCI revenue indicators. Brown revenue (%) is","page_number":2,"box":{"x":51,"y":367,"width":411,"height":9}},{"id":"784b880e-84ab-4daf-9e90-075c81286192","block_type":"box","text":"defined as the proportion of revenues a company derives from activities","page_number":2,"box":{"x":51,"y":380,"width":426,"height":9}},{"id":"957ecde2-0024-4482-b78d-0d84fdc5ee4c","block_type":"box","text":"related to the extraction of fossil fuels, or power generation using fossil","page_number":2,"box":{"x":51,"y":393,"width":415,"height":9}},{"id":"f890f64f-c759-43a1-ab78-319cc29589c9","block_type":"box","text":"fuel-based energy sources. It reflects firms tied to conventional energy","page_number":2,"box":{"x":50,"y":406,"width":419,"height":8}},{"id":"47d5f6f7-a240-452a-98d0-b2e165b9d5b2","block_type":"box","text":"value chains.","page_number":2,"box":{"x":50,"y":419,"width":76,"height":6}},{"id":"8d369135-6015-4c60-bd09-3fc0f0cc7e50","block_type":"box","text":"Brown Revenues – MSCI:","page_number":2,"box":{"x":51,"y":436,"width":158,"height":7}},{"id":"81986813-d48d-4be6-851d-83ae64689687","block_type":"box","text":"Weighted Average of each Underlying","page_number":2,"box":{"x":212,"y":436,"width":225,"height":9}},{"id":"62007e29-e59b-411b-bc47-2a5f76648cfa","block_type":"box","text":"Security with Brown Revenue for the portfolio level.","page_number":2,"box":{"x":51,"y":449,"width":302,"height":8}},{"id":"0c80b56a-6c82-462a-9099-59446816b1b3","block_type":"box","text":"Potential Emissions – MSCI:","page_number":2,"box":{"x":51,"y":466,"width":176,"height":7}},{"id":"1edd2aa1-6e89-456a-9121-2ada134d3916","block_type":"box","text":"Sum of Weighted Average Total Potential","page_number":2,"box":{"x":230,"y":466,"width":243,"height":9}},{"id":"1565eb36-f799-4c4e-bcba-de40d9ac6db0","block_type":"box","text":"Emission of Fossil Fuel Reserves Normalized by EVIC $MN (ktCO2-eq","page_number":2,"box":{"x":51,"y":478,"width":413,"height":10}},{"id":"dca92ee0-80ba-480e-842e-51e12610afc3","block_type":"box","text":"per $MN invested) on the Portfolio Level.","page_number":2,"box":{"x":51,"y":491,"width":241,"height":10}},{"id":"0613cbbb-bb31-44d1-aaa9-183ab9086f7f","block_type":"box","text":"Carbon Footprint(t CO2e/$M EVIC):","page_number":2,"box":{"x":51,"y":509,"width":229,"height":9}},{"id":"3b026425-a63d-457a-9305-a6bbfd27e1e1","block_type":"box","text":"Scope 1+2+3- MSCI*:","page_number":2,"box":{"x":91,"y":527,"width":133,"height":9}},{"id":"21821783-0ed1-42e3-94bb-9b2f005f3729","block_type":"box","text":"Weighted average Scope 1, Scope 2 and","page_number":2,"box":{"x":228,"y":527,"width":236,"height":9}},{"id":"2e85225d-4dbc-4ae4-8ea3-32d608498ddd","block_type":"box","text":"Scope 3 carbon emissions intensity normalized by enterprise","page_number":2,"box":{"x":91,"y":540,"width":362,"height":9}},{"id":"9230a136-1477-411f-8b0e-41cb10509cfb","block_type":"box","text":"value including cash.","page_number":2,"box":{"x":91,"y":553,"width":122,"height":9}},{"id":"852ca7eb-69a3-4634-a18b-7613cb9e8784","block_type":"box","text":"Total Carbon Emissions – MSCI:","page_number":2,"box":{"x":51,"y":570,"width":202,"height":7}},{"id":"68e8da3a-5a4e-4b98-9994-a9895987a653","block_type":"box","text":"Total Carbon Emissions measures","page_number":2,"box":{"x":256,"y":570,"width":203,"height":7}},{"id":"801d0450-6921-4514-8c6e-4e6817c70297","block_type":"box","text":"the absolute tons of CO2e EVIC for which an investor is responsible. It is","page_number":2,"box":{"x":50,"y":583,"width":426,"height":9}},{"id":"744f000a-e243-45f9-922f-8c54cef8740b","block_type":"box","text":"apportioned to the investor based on an equity ownership perspective,","page_number":2,"box":{"x":51,"y":596,"width":418,"height":9}},{"id":"8f4b9f87-c2a4-480a-864a-c4ce6ad3d117","block_type":"box","text":"and can be explained with a simple example: If an investor’s position in a","page_number":2,"box":{"x":51,"y":609,"width":425,"height":9}},{"id":"31de324c-86af-48fb-904a-e5c13a7a86fc","block_type":"box","text":"company is equal to 1% of the company’s total market capitalization, then","page_number":2,"box":{"x":51,"y":622,"width":432,"height":8}},{"id":"c942e21a-f852-4dcc-ba71-646d3ccbd112","block_type":"box","text":"the investor owns 1% of the company, and is consequently responsible","page_number":2,"box":{"x":50,"y":635,"width":415,"height":8}},{"id":"daf71a0d-24ee-49d0-a5d0-70d8a48bf92b","block_type":"box","text":"for 1% of the company’s carbon emissions (tons CO2e). Calculating the","page_number":2,"box":{"x":50,"y":647,"width":419,"height":9}},{"id":"381db6c3-c980-4e3a-8787-69f477635d24","block_type":"box","text":"“owned” emissions from each position in the portfolio and summing","page_number":2,"box":{"x":51,"y":660,"width":398,"height":9}},{"id":"8e80257f-ec9c-4473-94a7-5c6298a118cf","block_type":"box","text":"those emissions yields the total carbon emissions for the portfolio level.","page_number":2,"box":{"x":50,"y":673,"width":422,"height":9}},{"id":"1a7b5201-1ad1-43b5-8d43-dc41000e7425","block_type":"box","text":"Scope 1","page_number":2,"box":{"x":556,"y":95,"width":47,"height":8}},{"id":"ea02f82a-6204-46cd-be28-2c4619b3eb07","block_type":"box","text":"emissions are “direct emissions” from sources that are","page_number":2,"box":{"x":607,"y":95,"width":322,"height":7}},{"id":"4c8c57bc-54cf-4df1-b0f3-138aab62e202","block_type":"box","text":"owned or controlled by the company.","page_number":2,"box":{"x":556,"y":108,"width":219,"height":8}},{"id":"cd16af5f-4739-4ede-819d-680f95056854","block_type":"box","text":"Scope 2","page_number":2,"box":{"x":556,"y":125,"width":51,"height":9}},{"id":"926dc58f-e873-485a-860e-5a06407f267e","block_type":"box","text":"emissions are the indirect emissions released into the","page_number":2,"box":{"x":610,"y":125,"width":317,"height":7}},{"id":"2ebbc7b6-1eac-4766-a1d1-692400aeae58","block_type":"box","text":"atmosphere from the use of purchased energy such as electricity,","page_number":2,"box":{"x":556,"y":138,"width":388,"height":9}},{"id":"12c40828-5544-44e7-9b5e-1c166bda4243","block_type":"box","text":"heat or steam. These are called “indirect emissions” because the","page_number":2,"box":{"x":556,"y":151,"width":383,"height":7}},{"id":"c20f865e-a011-4864-b945-8a0b88fedf8f","block_type":"box","text":"actual emissions are generated at another facility such as a power","page_number":2,"box":{"x":556,"y":164,"width":391,"height":8}},{"id":"8c10bea3-dc15-42a1-832d-aa19a606b3df","block_type":"box","text":"station.","page_number":2,"box":{"x":556,"y":176,"width":43,"height":7}},{"id":"a7a3dcac-7791-47a8-ad85-dbcdb23065c7","block_type":"box","text":"Scope 3","page_number":2,"box":{"x":556,"y":194,"width":51,"height":9}},{"id":"dc06e181-a2d5-442a-9a83-d876820135de","block_type":"box","text":"emissions include all other indirect emissions that occur","page_number":2,"box":{"x":610,"y":194,"width":332,"height":7}},{"id":"833ad814-bf62-4a3e-9b59-20158e1a0990","block_type":"box","text":"across the value chain and are outside of the organization’s direct","page_number":2,"box":{"x":556,"y":207,"width":386,"height":9}},{"id":"fe716ffd-7cae-4eb9-af96-ea2f99518b02","block_type":"box","text":"control.","page_number":2,"box":{"x":556,"y":220,"width":44,"height":7}},{"id":"5f512db2-3a83-4f96-aa93-0a332a97e89d","block_type":"box","text":"Weighted Average Carbon Intensity - MSCI: Scope 1+2+3 -","page_number":2,"box":{"x":515,"y":237,"width":370,"height":9}},{"id":"bc3030cd-3055-4560-87cb-a3fabe03dcd8","block_type":"box","text":"Calculating a portfolio’s Weighted Average Carbon Intensity is achieved","page_number":2,"box":{"x":516,"y":250,"width":422,"height":9}},{"id":"c69367af-fd1a-4735-8625-7d062d7b9141","block_type":"box","text":"by calculating the carbon intensity (Scope 1 + 2 + 3 Emissions / $M","page_number":2,"box":{"x":516,"y":262,"width":394,"height":10}},{"id":"8753f9a9-f5f5-4f39-82a1-7b7f22a9c777","block_type":"box","text":"Sales) for each portfolio company and calculating the weighted average","page_number":2,"box":{"x":515,"y":275,"width":426,"height":9}},{"id":"04d7b19a-c114-4dd3-b90f-c175ad4cabf4","block_type":"box","text":"by portfolio weight.","page_number":2,"box":{"x":516,"y":288,"width":112,"height":9}},{"id":"791e4aec-6584-4ad1-8e02-2e2365a2f75c","block_type":"box","text":"Please note that the scope 1+2 and scope 1+2+3 values for Total Carbon","page_number":2,"box":{"x":516,"y":306,"width":428,"height":9}},{"id":"7d3ffa81-70f0-45a1-89ff-7cf0730f03d6","block_type":"box","text":"Emissions, Carbon Footprint, and Weighted Average Carbon Intensity","page_number":2,"box":{"x":516,"y":319,"width":412,"height":9}},{"id":"1b6e0ab3-4ae2-40f7-8396-a4e5716d3d0f","block_type":"box","text":"may not equal the sum of the individual values.","page_number":2,"box":{"x":516,"y":332,"width":274,"height":8}},{"id":"a329303b-afa0-49e7-93db-134af8b12865","block_type":"box","text":"This may occur for a","page_number":2,"box":{"x":796,"y":332,"width":122,"height":8}},{"id":"0f740e42-c5d5-41f5-94f5-806f06d6d5e3","block_type":"box","text":"few reasons.","page_number":2,"box":{"x":515,"y":345,"width":74,"height":7}},{"id":"090d20f6-7737-4f73-acfb-ca7beb3c4558","block_type":"box","text":"Each metric is a distinct data element provided by the","page_number":2,"box":{"x":596,"y":345,"width":318,"height":8}},{"id":"867da7bc-c431-471a-850e-454fd3a10397","block_type":"box","text":"vendor.","page_number":2,"box":{"x":515,"y":357,"width":44,"height":7}},{"id":"fb087142-2798-4edb-9b1f-85da125dd291","block_type":"box","text":"Data treatments for replacing null data with sub-industry","page_number":2,"box":{"x":568,"y":357,"width":335,"height":9}},{"id":"cab3954c-c48f-46f0-bac7-7444fc4015da","block_type":"box","text":"median data could cause differences in aggregated results.","page_number":2,"box":{"x":516,"y":370,"width":349,"height":9}},{"id":"0c00a10c-280a-46b8-a46e-170cd6d91528","block_type":"box","text":"Data is","page_number":2,"box":{"x":872,"y":370,"width":40,"height":7}},{"id":"0b6e2388-faa6-4a02-bc7e-199eebff6c48","block_type":"box","text":"reported based on the most recent common fiscal year end, which may","page_number":2,"box":{"x":516,"y":383,"width":422,"height":9}},{"id":"327f566f-4472-4958-8932-ecd6dfb28ed1","block_type":"box","text":"vary for aggregated fields and is more likely with scope 3.","page_number":2,"box":{"x":515,"y":396,"width":337,"height":9}},{"id":"2586ef47-a855-4168-8cf4-79cb767ebec1","block_type":"box","text":"Implied Temperature Rise (°C) – MSCI:","page_number":2,"box":{"x":516,"y":413,"width":244,"height":9}},{"id":"4783592a-7576-47cc-9291-890807f8eef5","block_type":"box","text":"The climate scenario","page_number":2,"box":{"x":763,"y":414,"width":125,"height":6}},{"id":"5170149e-242d-428a-8e05-f254de6ae0f9","block_type":"box","text":"alignment uses MSCI’s Implied Temperature Rise (ITR) model, Which","page_number":2,"box":{"x":516,"y":426,"width":405,"height":9}},{"id":"c40d25af-9b1e-4c68-bd37-7911b018afb8","block_type":"box","text":"is a forward-looking temperature alignment metric for companies and","page_number":2,"box":{"x":516,"y":439,"width":412,"height":9}},{"id":"eb9e66cd-13ce-41f7-a661-679ebb0ddd71","block_type":"box","text":"portfolios. Specifically, the MSCI ITR methodology evaluates whether a","page_number":2,"box":{"x":516,"y":452,"width":419,"height":9}},{"id":"f2dd57fc-a15b-46c0-969a-51107f074598","block_type":"box","text":"company or portfolio are aligned with the Paris Agreement temperature","page_number":2,"box":{"x":516,"y":465,"width":424,"height":9}},{"id":"575ff222-72e3-48f0-bd92-3223ca598697","block_type":"box","text":"goals – in particular, the maximal goal of limiting global mean surface","page_number":2,"box":{"x":515,"y":478,"width":406,"height":8}},{"id":"1b610cd6-6339-4925-a42f-eefc7d050291","block_type":"box","text":"temperature to an increase of no more than 1.5°C in the year 2100","page_number":2,"box":{"x":515,"y":490,"width":388,"height":9}},{"id":"36c9ff97-4620-45c0-9e84-7828d73b43aa","block_type":"box","text":"compared with preindustrial levels. For example, an ITR of 2.5°C assigned","page_number":2,"box":{"x":516,"y":503,"width":433,"height":9}},{"id":"e9809c9d-8f44-4bad-aaf5-9297b381abff","block_type":"box","text":"to a given portfolio would indicate that the portfolio is exceeding its fair","page_number":2,"box":{"x":515,"y":516,"width":418,"height":9}},{"id":"5d2f4c75-7448-470d-9fe6-af610553ca01","block_type":"box","text":"share of the global carbon budget, and that if everyone exceeded their","page_number":2,"box":{"x":515,"y":529,"width":417,"height":9}},{"id":"5d75a470-ea2c-49d0-a75c-f5c05b909427","block_type":"box","text":"fair shares by a similar proportion, by 2100 we would end up in a world","page_number":2,"box":{"x":515,"y":542,"width":412,"height":8}},{"id":"26de4099-0003-4271-8cab-7aac4f4d1f53","block_type":"box","text":"with >2.5°C of warming compared to pre-industrial levels. Please note","page_number":2,"box":{"x":515,"y":555,"width":411,"height":8}},{"id":"d96e55ff-5593-4fcf-bf4b-95cdf72a7c07","block_type":"box","text":"there is significant uncertainty related to this temperature estimate, and","page_number":2,"box":{"x":515,"y":567,"width":425,"height":9}},{"id":"a72c417d-5c46-4eef-98e7-892969f17f7e","block_type":"box","text":"outputs differ amongst different data vendors as methodologies continue","page_number":2,"box":{"x":516,"y":580,"width":433,"height":9}},{"id":"a338c8a7-4271-43f6-b2c1-d1ed48801d69","block_type":"box","text":"to evolve and mature. Portfolio level.","page_number":2,"box":{"x":515,"y":593,"width":214,"height":7}},{"id":"5a8ca4bf-e10b-4351-aad0-5c3bfa3e895a","block_type":"box","text":"Climate Value at Risk- MSCI:","page_number":2,"box":{"x":515,"y":611,"width":181,"height":7}},{"id":"2fe97f74-a644-4315-8815-142cf80acc8c","block_type":"box","text":"(Climate VaR)","page_number":2,"box":{"x":700,"y":610,"width":88,"height":8}},{"id":"b66f57c6-632a-4dca-af12-a410507bb92e","block_type":"box","text":"is a measure to estimate","page_number":2,"box":{"x":792,"y":611,"width":144,"height":7}},{"id":"2b42247a-c215-4c3f-ba99-90163a126774","block_type":"box","text":"the potential financial losses that a company or portfolio of assets could","page_number":2,"box":{"x":515,"y":623,"width":426,"height":9}},{"id":"aaad5530-3093-4268-9819-47e8b132dd0b","block_type":"box","text":"incur as a result of climate change. For additional details Climate Value at","page_number":2,"box":{"x":516,"y":636,"width":431,"height":9}},{"id":"e4e53ea5-96c5-474e-b905-664d7acf1477","block_type":"box","text":"Risk metrics included on this report","page_number":2,"box":{"x":516,"y":649,"width":210,"height":9}},{"id":"71f3779c-a8e1-4c76-9fc9-5e6cba97d3b1","block_type":"box","text":"click he","page_number":2,"box":{"x":729,"y":649,"width":45,"height":7}},{"id":"8d3d826c-180e-4c47-86c4-6c83206f72b1","block_type":"box","text":"re","page_number":2,"box":{"x":775,"y":651,"width":11,"height":5}},{"id":"7c74734b-5724-46c3-9f4e-d374993bd103","block_type":"box","text":".","page_number":2,"box":{"x":787,"y":655,"width":2,"height":1}},{"id":"e27e4f08-87b4-44a4-a8e7-4409379c0428","block_type":"box","text":"Report ID: 5592854.1","page_number":2,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"fc56fb11-3807-4ea0-96e9-3dd7de1295aa","block_type":"box","text":"Published: 12 Sep 2026","page_number":2,"box":{"x":496,"y":968,"width":129,"height":9}},{"id":"41a3eb73-1e4f-452c-8cb1-705d5ffebe2b","block_type":"box","text":"P","page_number":2,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"e5768a02-8e8e-4219-b70b-b16cb664049d","block_type":"box","text":"a","page_number":2,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"bd7f5793-9a2f-4f6f-ae56-d93c957b5906","block_type":"box","text":"g","page_number":2,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"95528c2a-8bfb-4215-bdc0-be172118b645","block_type":"box","text":"e","page_number":2,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"bf1e2fb3-5a90-4b4e-a817-62a131df5d12","block_type":"box","text":"2","page_number":2,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"c0f47c50-c3c7-4f02-ad91-f0bf03903b62","block_type":"box","text":"of","page_number":2,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"ef8c5953-3430-4e28-89d5-1eeaa8acb627","block_type":"box","text":"4","page_number":2,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"697f9569-1991-4728-9482-c45ad861b7c7","block_type":"box","text":"Disclosures","page_number":3,"box":{"x":52,"y":58,"width":166,"height":15}},{"id":"76cadf45-3084-4554-89c4-6952af5d6736","block_type":"box","text":"State Street Global Advisors (SSGA) is now State Street Investment","page_number":3,"box":{"x":51,"y":92,"width":433,"height":8}},{"id":"9f4baa1c-0947-496c-81d7-bdc71b02af38","block_type":"box","text":"Management. Please","page_number":3,"box":{"x":51,"y":105,"width":132,"height":9}},{"id":"74e974b3-f89b-409b-8242-05e8aa2bdf3c","block_type":"box","text":"click here","page_number":3,"box":{"x":187,"y":105,"width":63,"height":7}},{"id":"55a01922-4d87-42da-8ec0-908748cd4f26","block_type":"box","text":"for more information.","page_number":3,"box":{"x":253,"y":105,"width":135,"height":7}},{"id":"12db55c5-c7a9-469b-896f-814f8cbe264d","block_type":"box","text":"Marketing Communication","page_number":3,"box":{"x":51,"y":122,"width":170,"height":9}},{"id":"0c30c6ff-cae8-4cd7-a7ed-7b479c157973","block_type":"box","text":"For institutional / professional investors use only.","page_number":3,"box":{"x":51,"y":140,"width":310,"height":9}},{"id":"4cb9fdb0-0d92-41f2-88c6-25c23a2b26ce","block_type":"box","text":"The information presented above is intended to provide transparency","page_number":3,"box":{"x":51,"y":158,"width":413,"height":8}},{"id":"b875c71c-9466-4e35-8940-389f3117d15b","block_type":"box","text":"to investors around sustainability characteristics of the fund. Presenting","page_number":3,"box":{"x":50,"y":170,"width":427,"height":9}},{"id":"45e5e550-b0a4-4699-a3f9-8766b6422d31","block_type":"box","text":"this information should not be construed as a representation of the fund’s","page_number":3,"box":{"x":50,"y":183,"width":434,"height":9}},{"id":"d623dc23-c905-4a1d-a983-bf3754090586","block_type":"box","text":"current or future investment objective, nor should it be viewed as an","page_number":3,"box":{"x":51,"y":196,"width":400,"height":9}},{"id":"f4421e6f-ebac-4246-b284-f81cc14804a6","block_type":"box","text":"indicator of the fund manager’s current or future investment decision","page_number":3,"box":{"x":51,"y":209,"width":413,"height":9}},{"id":"29f5b6fc-bc30-4749-8d14-af193fd0c0a8","block_type":"box","text":"making.","page_number":3,"box":{"x":51,"y":222,"width":46,"height":8}},{"id":"eac92755-ccfb-466c-953d-af1030b522cd","block_type":"box","text":"Investing involves risk including the risk of loss of principal.","page_number":3,"box":{"x":51,"y":239,"width":345,"height":9}},{"id":"08e37ab4-e6c3-4324-b140-09cd000b592d","block_type":"box","text":"The whole or any part of this work may not be reproduced, copied or","page_number":3,"box":{"x":51,"y":257,"width":405,"height":9}},{"id":"8bafc8cb-0615-480d-b47b-f16eef78dc66","block_type":"box","text":"transmitted or any of its contents disclosed to third parties without","page_number":3,"box":{"x":50,"y":270,"width":395,"height":8}},{"id":"ec9970dd-6a25-495b-977b-e1d4561495a6","block_type":"box","text":"SSGA’s express written consent.","page_number":3,"box":{"x":51,"y":283,"width":192,"height":8}},{"id":"0bf89df8-af73-4c1e-b3ce-8e4fa80b680e","block_type":"box","text":"All information is from SSGA unless otherwise noted and has been","page_number":3,"box":{"x":51,"y":300,"width":393,"height":7}},{"id":"f3ab0ea7-07c6-4730-9011-3676880c5293","block_type":"box","text":"obtained from sources believed to be reliable, but its accuracy is not","page_number":3,"box":{"x":51,"y":313,"width":403,"height":9}},{"id":"d8bd4848-5ba5-4535-bd68-a415082e4313","block_type":"box","text":"guaranteed. There is no representation or warranty as to the current","page_number":3,"box":{"x":51,"y":326,"width":406,"height":9}},{"id":"f2087f20-9910-4c6b-a963-6eaaaad336c5","block_type":"box","text":"accuracy, reliability or completeness of, nor liability for, decisions based","page_number":3,"box":{"x":51,"y":339,"width":421,"height":8}},{"id":"66bc30bd-cfd7-45ca-b795-ea7959dfda6e","block_type":"box","text":"on such information and it should not be relied on as such.","page_number":3,"box":{"x":51,"y":351,"width":341,"height":7}},{"id":"80923bf9-6feb-454a-a964-3d2d2a5a7cd4","block_type":"box","text":"The information provided does not constitute investment advice as such","page_number":3,"box":{"x":51,"y":369,"width":429,"height":9}},{"id":"07d31daa-cac4-41dd-9e92-a787dbc4628a","block_type":"box","text":"term is defined under the Markets in Financial Instruments Directive","page_number":3,"box":{"x":50,"y":382,"width":402,"height":7}},{"id":"0f198071-124f-47cb-9f4d-9dfcef24923f","block_type":"box","text":"(2014/65/EU) or applicable Swiss regulation and it should not be relied on","page_number":3,"box":{"x":51,"y":394,"width":433,"height":9}},{"id":"fabe0ae6-f0d0-4c61-ba0f-91f92adef74e","block_type":"box","text":"as such. It should not be considered a solicitation to buy or an offer to sell","page_number":3,"box":{"x":51,"y":407,"width":430,"height":9}},{"id":"1666f65e-880e-4260-8105-9ce27bdea1b2","block_type":"box","text":"any investment. It does not take into account any investor’s or potential","page_number":3,"box":{"x":51,"y":420,"width":420,"height":9}},{"id":"0c9fcacd-6fd2-4201-9a32-943b73ffa498","block_type":"box","text":"investor’s particular investment objectives, strategies, tax status, risk","page_number":3,"box":{"x":51,"y":433,"width":408,"height":9}},{"id":"5d5d6aa0-ac27-4011-bc79-2a1f9b10f8da","block_type":"box","text":"appetite or investment horizon. If you require investment advice you","page_number":3,"box":{"x":51,"y":446,"width":401,"height":9}},{"id":"25ff32b3-bdd7-4392-9c2c-7e009b6bf6e6","block_type":"box","text":"should consult your tax and financial or other professional advisor.","page_number":3,"box":{"x":51,"y":459,"width":391,"height":8}},{"id":"fd8a41a6-a32e-4e63-a936-f9494c3fb039","block_type":"box","text":"The information contained in this communication is not a research","page_number":3,"box":{"x":51,"y":476,"width":421,"height":7}},{"id":"001c5720-8cdf-44b4-857c-1dc6501fc272","block_type":"box","text":"recommendation or ‘investment research’ and is classified as a","page_number":3,"box":{"x":51,"y":489,"width":400,"height":7}},{"id":"406f87c9-d386-4546-b891-66ce5247522d","block_type":"box","text":"‘Marketing Communication’ in accordance with the applicable","page_number":3,"box":{"x":51,"y":502,"width":394,"height":9}},{"id":"a4b272a9-1526-49b1-b88c-e9dbf22c89ff","block_type":"box","text":"regional regulation. This means that this marketing communication","page_number":3,"box":{"x":51,"y":515,"width":427,"height":9}},{"id":"274bdd6d-c78a-4a11-8462-a9529edf5e2a","block_type":"box","text":"(a) has not been prepared in accordance with legal requirements","page_number":3,"box":{"x":51,"y":527,"width":411,"height":9}},{"id":"e2e9449a-344a-488b-90c6-a3471fecc723","block_type":"box","text":"designed to promote the independence of investment research","page_number":3,"box":{"x":51,"y":540,"width":400,"height":9}},{"id":"05d1cf41-fbc3-4633-a729-401499346a17","block_type":"box","text":"(b) is not subject to any prohibition on dealing ahead of the","page_number":3,"box":{"x":51,"y":553,"width":371,"height":9}},{"id":"001f49b4-4748-48c2-b97b-25a9f73cd210","block_type":"box","text":"dissemination of investment research.","page_number":3,"box":{"x":51,"y":566,"width":243,"height":7}},{"id":"11ef8683-cc9c-42b0-ad6a-f590358f5821","block_type":"box","text":"This communication is directed at professional clients (this includes","page_number":3,"box":{"x":51,"y":584,"width":402,"height":8}},{"id":"80c374ee-dccc-4c8b-957a-87f762ba5955","block_type":"box","text":"eligible counterparties as defined by the appropriate EU regulator)","page_number":3,"box":{"x":51,"y":596,"width":392,"height":9}},{"id":"6d7147f8-245b-4f3e-8bdf-fcf8369bf7a2","block_type":"box","text":"who are deemed both knowledgeable and experienced in matters","page_number":3,"box":{"x":50,"y":609,"width":390,"height":9}},{"id":"e18f93b4-08e1-49c3-94be-621cbf313ae0","block_type":"box","text":"relating to investments. The products and services to which this","page_number":3,"box":{"x":51,"y":622,"width":377,"height":9}},{"id":"8fd9539e-389c-4956-a901-a8a566e826b9","block_type":"box","text":"communication relates are only available to such persons and persons","page_number":3,"box":{"x":51,"y":635,"width":417,"height":9}},{"id":"9a799b6e-2c10-41b2-9a68-2d9177ac9db8","block_type":"box","text":"of any other description (including retail clients) should not rely on this","page_number":3,"box":{"x":51,"y":648,"width":414,"height":9}},{"id":"b26a2338-711b-4d42-9bf1-4f381f28dd20","block_type":"box","text":"communication.","page_number":3,"box":{"x":51,"y":661,"width":95,"height":7}},{"id":"b8d1965f-1aad-4b11-be83-7dc41435b871","block_type":"box","text":"Equity securities may fluctuate in value and can decline significantly in","page_number":3,"box":{"x":51,"y":678,"width":414,"height":9}},{"id":"4c6f6642-cdc2-45cb-a426-dbb3a2f13394","block_type":"box","text":"response to the activities of individual companies and general market","page_number":3,"box":{"x":51,"y":691,"width":411,"height":9}},{"id":"9f501c2e-9c89-4f57-952a-518af483180f","block_type":"box","text":"and economic conditions.","page_number":3,"box":{"x":51,"y":704,"width":152,"height":7}},{"id":"1d09ac21-1fc1-4da0-9dc1-ea0f90931276","block_type":"box","text":"Bonds generally present less short-term risk and volatility than stocks,","page_number":3,"box":{"x":51,"y":722,"width":415,"height":8}},{"id":"4ee6318f-2465-4644-8476-8b6277841636","block_type":"box","text":"but contain interest rate risk (as interest rates raise, bond prices usually","page_number":3,"box":{"x":51,"y":734,"width":423,"height":9}},{"id":"4e6e892f-fec3-4588-81e1-40d1bcee1bb2","block_type":"box","text":"fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk.","page_number":3,"box":{"x":50,"y":747,"width":418,"height":9}},{"id":"22bc1827-16db-4841-86de-b75408a2799b","block_type":"box","text":"These effects are usually pronounced for longer-term securities. Any","page_number":3,"box":{"x":51,"y":760,"width":408,"height":9}},{"id":"425ebf24-03bf-46bd-9e8a-0d4a50344e7f","block_type":"box","text":"fixed income security sold or redeemed prior to maturity may be subject","page_number":3,"box":{"x":50,"y":773,"width":429,"height":9}},{"id":"efffe596-0587-4c3c-9d16-fdae83ac0aa0","block_type":"box","text":"to a substantial gain or loss.","page_number":3,"box":{"x":50,"y":786,"width":163,"height":8}},{"id":"aa990b44-1e90-4633-9845-60ddb93aab18","block_type":"box","text":"ETFs trade like stocks, are subject to investment risk, fluctuate in market","page_number":3,"box":{"x":51,"y":803,"width":430,"height":9}},{"id":"477cd197-7132-4434-9526-05213350aa0d","block_type":"box","text":"value and may trade at prices above or below the ETFs net asset value.","page_number":3,"box":{"x":50,"y":816,"width":420,"height":9}},{"id":"a587dbce-ad41-4680-968c-851526daf14b","block_type":"box","text":"Brokerage commissions and ETF expenses will reduce returns.","page_number":3,"box":{"x":51,"y":829,"width":372,"height":9}},{"id":"669a213e-8d36-4eff-9e16-f4c4272fedf4","block_type":"box","text":"The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its","page_number":3,"box":{"x":51,"y":846,"width":414,"height":9}},{"id":"9999cb59-34f5-4b14-a6d0-97833e1c8387","block_type":"box","text":"affiliates (“S&P DJI”) and have been licensed for use by State Street","page_number":3,"box":{"x":51,"y":859,"width":400,"height":9}},{"id":"2092914f-93cc-4e9a-a9e9-314eca5dda09","block_type":"box","text":"Global Advisors. S&P®, SPDR®, S&P 500®,US 500 and the 500 are","page_number":3,"box":{"x":51,"y":872,"width":396,"height":8}},{"id":"8c8f8d7e-842f-4e09-a324-ef67a7811e7f","block_type":"box","text":"trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow","page_number":3,"box":{"x":50,"y":885,"width":416,"height":8}},{"id":"31df1640-8115-48e2-800e-ed83c1052e50","block_type":"box","text":"Jones® is a registered trademark of Dow Jones Trademark Holdings","page_number":3,"box":{"x":51,"y":898,"width":403,"height":8}},{"id":"8fa23ae5-e92f-4292-a461-32d50065ed89","block_type":"box","text":"LLC (“Dow Jones”) and has been licensed for use by S&P Dow Jones","page_number":3,"box":{"x":51,"y":910,"width":407,"height":9}},{"id":"b93f8acf-0640-4b10-b36b-556a86c3a856","block_type":"box","text":"Indices; and these trademarks have been licensed for use by S&P DJI","page_number":3,"box":{"x":51,"y":923,"width":410,"height":9}},{"id":"c81b6c30-b13d-49c8-9002-270d8da70d28","block_type":"box","text":"and sublicensed for certain purposes by State Street Global Advisors.","page_number":3,"box":{"x":516,"y":92,"width":414,"height":9}},{"id":"96c5eb27-42f9-426c-aabe-5de8af99babf","block_type":"box","text":"The fund is not sponsored, endorsed, sold or promoted by S&P DJI, Dow","page_number":3,"box":{"x":515,"y":105,"width":429,"height":8}},{"id":"f897d73c-ccc9-4d4f-864d-d5ba357d676b","block_type":"box","text":"Jones, S&P, their respective affiliates, and none of such parties make any","page_number":3,"box":{"x":515,"y":118,"width":432,"height":8}},{"id":"8f6caa98-e7bb-4202-a8cf-3de7e0769a3f","block_type":"box","text":"representation regarding the advisability of investing in such product(s)","page_number":3,"box":{"x":516,"y":130,"width":421,"height":9}},{"id":"bc627621-d7fe-4d24-a504-3d07e4d444cb","block_type":"box","text":"nor do they have any liability for any errors, omissions, or interruptions of","page_number":3,"box":{"x":516,"y":143,"width":429,"height":9}},{"id":"f98f1d87-6647-44b1-be6a-9b4082381c68","block_type":"box","text":"these indices.","page_number":3,"box":{"x":515,"y":156,"width":81,"height":7}},{"id":"ec6b762a-3733-4b58-bde1-2b9ae3ede709","block_type":"box","text":"Please refer to the Fund’s latest Key Information Document (KID)/","page_number":3,"box":{"x":516,"y":174,"width":416,"height":8}},{"id":"5f17189c-c272-40e0-908e-e1636440e440","block_type":"box","text":"Key Investor Information Document (KIID) and Prospectus before","page_number":3,"box":{"x":516,"y":186,"width":415,"height":9}},{"id":"f19d99ed-d016-4e38-8114-b662cf81eb67","block_type":"box","text":"making any final investment decision. The latest English version of","page_number":3,"box":{"x":516,"y":199,"width":422,"height":9}},{"id":"acc67f43-753c-4591-a88f-1e84db2f5f9d","block_type":"box","text":"the prospectus and the KID/KIID can be found at","page_number":3,"box":{"x":515,"y":212,"width":307,"height":9}},{"id":"3b869ec5-8263-453a-8f22-bc2dc36c3e55","block_type":"box","text":"www.ssga.com","page_number":3,"box":{"x":825,"y":214,"width":97,"height":7}},{"id":"b1d7981e-08c4-432b-8c63-a10e0c2f9732","block_type":"box","text":". A","page_number":3,"box":{"x":923,"y":212,"width":16,"height":7}},{"id":"5ec2b34a-038d-48a1-b564-dcddcf45da0d","block_type":"box","text":"summary of investor rights can be found here:","page_number":3,"box":{"x":515,"y":225,"width":292,"height":9}},{"id":"f43c2ce3-bc59-4fe6-a2d4-18be65acc53a","block_type":"box","text":"https://www.ssga.","page_number":3,"box":{"x":811,"y":225,"width":116,"height":9}},{"id":"8d80e5fb-dad9-436c-97e0-ad4bcd295491","block_type":"box","text":"com/library-content/products/fund-docs/summary-of-investor","page_number":3,"box":{"x":515,"y":238,"width":421,"height":8}},{"id":"c430677d-a532-461a-aacf-5db20484399d","block_type":"box","text":"rights/ssga-investors-rights-summary-template-non-etf-Lu","page_number":3,"box":{"x":516,"y":250,"width":390,"height":9}},{"id":"0b5ee11e-0ee6-4b15-90df-8e76059a459e","block_type":"box","text":"x.pdf","page_number":3,"box":{"x":906,"y":251,"width":35,"height":8}},{"id":"6aee6fd4-1d4d-4c40-9119-655a08baca58","block_type":"box","text":"Note that the Management Company may decide to terminate the","page_number":3,"box":{"x":516,"y":268,"width":418,"height":9}},{"id":"0d4a0cee-37e3-41c2-be2b-6859dc49ab85","block_type":"box","text":"arrangements made for marketing and proceed with de-notification","page_number":3,"box":{"x":515,"y":281,"width":431,"height":9}},{"id":"98b9f30b-deb8-4d0c-b054-f5014c5b0ad3","block_type":"box","text":"in compliance with Article 93a of Directive 2009/65/EC.","page_number":3,"box":{"x":516,"y":294,"width":354,"height":8}},{"id":"bbd2d283-5bca-4700-b6bd-bfb503bd52c0","block_type":"box","text":"Investors should not evaluate an investment in the fund based solely","page_number":3,"box":{"x":516,"y":311,"width":403,"height":9}},{"id":"893d82d9-b54d-4fb0-9b5e-a09ec514dd75","block_type":"box","text":"on the information above, but should consider other factors, including","page_number":3,"box":{"x":516,"y":324,"width":411,"height":9}},{"id":"aefbc669-4d3a-49d9-a5bb-90ea1b547619","block_type":"box","text":"the fund’s overall investment objective and risk profile. Investors are","page_number":3,"box":{"x":515,"y":337,"width":401,"height":9}},{"id":"355c05f9-2cef-4762-8a1c-9de7149a4e8b","block_type":"box","text":"encouraged to review the fund’s prospectus [https://www.ssga.com/","page_number":3,"box":{"x":516,"y":350,"width":402,"height":9}},{"id":"4ea11f34-fe67-4707-b04e-77b6a03606f4","block_type":"box","text":"fund-finder?tab=documents] and KIID for more information regarding","page_number":3,"box":{"x":515,"y":363,"width":416,"height":9}},{"id":"cead2691-f744-4084-9759-386e8105cd9d","block_type":"box","text":"the fund and where applicable, the fund’s SFDR category.","page_number":3,"box":{"x":515,"y":376,"width":338,"height":8}},{"id":"99c68506-4f96-4e74-bfe6-2161116ad563","block_type":"box","text":"Sustainability data is sourced from external providers. This data may","page_number":3,"box":{"x":515,"y":393,"width":408,"height":9}},{"id":"a79a1fc2-fd30-49ba-b37f-92bd83474372","block_type":"box","text":"be incomplete, inaccurate, or unavailable for certain companies, which","page_number":3,"box":{"x":516,"y":406,"width":416,"height":9}},{"id":"e749ff18-6891-443d-91df-46997b212519","block_type":"box","text":"could limit the ability to fully capture or reflect their sustainability","page_number":3,"box":{"x":516,"y":419,"width":382,"height":8}},{"id":"144947f5-ee12-464d-9654-5376185b1ebd","block_type":"box","text":"characteristics. As a result, there may be limitations reported in the","page_number":3,"box":{"x":516,"y":432,"width":397,"height":8}},{"id":"fd54db18-4bf6-4570-9a31-15d6dcd293f6","block_type":"box","text":"sustainability metrics or indicators.","page_number":3,"box":{"x":515,"y":445,"width":207,"height":8}},{"id":"773f0297-46e5-43cc-bff7-0247165d352a","block_type":"box","text":"The third-party information above has been obtained from sources","page_number":3,"box":{"x":515,"y":462,"width":398,"height":9}},{"id":"fb62bfaf-b3f9-47b6-a4c5-318927cc7878","block_type":"box","text":"believed to be reliable as of the date indicated, but its accuracy is not","page_number":3,"box":{"x":516,"y":475,"width":407,"height":9}},{"id":"3e39db99-339e-432e-9a4f-c8fa68855417","block_type":"box","text":"guaranteed by SSGA. SSGA is not liable for investment decisions based","page_number":3,"box":{"x":515,"y":488,"width":427,"height":9}},{"id":"6cd35784-b88c-4a69-9ab4-b26814460041","block_type":"box","text":"on this information and it should not be relied on as such. There is no","page_number":3,"box":{"x":516,"y":501,"width":403,"height":7}},{"id":"951a100a-5fdb-42c3-a11c-d4996741e854","block_type":"box","text":"representation or warranty as to the current accuracy, reliability or","page_number":3,"box":{"x":516,"y":514,"width":393,"height":8}},{"id":"87c91e0c-a856-4980-80ae-1f859449dab5","block_type":"box","text":"completeness of this information.","page_number":3,"box":{"x":516,"y":526,"width":197,"height":9}},{"id":"81c71d41-4afe-4985-922e-239a43312c05","block_type":"box","text":"Data and metrics have been sourced as follows from the following","page_number":3,"box":{"x":516,"y":544,"width":389,"height":9}},{"id":"49239fa9-d1bd-457f-b392-a9d4427223bf","block_type":"box","text":"contributors as of the date of this report, and are subject to their","page_number":3,"box":{"x":516,"y":557,"width":379,"height":8}},{"id":"61c7c684-ac1a-42c7-81fa-07330b0fc9f2","block_type":"box","text":"disclosures below. All other data has been sourced by SSGA.","page_number":3,"box":{"x":516,"y":569,"width":360,"height":9}},{"id":"95d0bd44-77be-4042-af7b-d0048c305d05","block_type":"box","text":"Source: MSCI: Certain information contained herein (the “Information”)","page_number":3,"box":{"x":515,"y":587,"width":419,"height":8}},{"id":"425b849d-981b-43f5-82b8-ba48955902d0","block_type":"box","text":"is sourced from/copyright of MSCI Inc., MSCI ESG Research LLC, or their","page_number":3,"box":{"x":516,"y":600,"width":431,"height":9}},{"id":"d4c10b71-7cfc-4b9a-a64f-c0a382956bd3","block_type":"box","text":"affiliates (“MSCI”), or information providers (together the “MSCI Parties”)","page_number":3,"box":{"x":516,"y":612,"width":428,"height":9}},{"id":"4164d107-c43e-4194-b1cc-f09c640cf2a1","block_type":"box","text":"and may have been used to calculate scores, signals, or other indicators.","page_number":3,"box":{"x":516,"y":626,"width":427,"height":8}},{"id":"eb5522f5-16c4-405e-9e6c-4b128f4064b0","block_type":"box","text":"The Information is for internal use only and may not be reproduced or","page_number":3,"box":{"x":515,"y":638,"width":411,"height":9}},{"id":"c18be520-11a7-47ca-a238-4394634d9061","block_type":"box","text":"disseminated in whole or part without prior written permission. The","page_number":3,"box":{"x":516,"y":651,"width":395,"height":9}},{"id":"641d88cf-bf4f-4688-ab91-16cc49d0e3de","block_type":"box","text":"Information may not be used for, nor does it constitute, an offer to buy","page_number":3,"box":{"x":516,"y":664,"width":411,"height":9}},{"id":"f792272c-f633-4007-a4af-a4c21f9d66e8","block_type":"box","text":"or sell, or a promotion or recommendation of, any security, financial","page_number":3,"box":{"x":516,"y":677,"width":396,"height":8}},{"id":"5d2d1b21-9f7c-46b1-8f77-5dd7cc85a2f0","block_type":"box","text":"instrument or product, trading strategy, or index, nor should it be taken as","page_number":3,"box":{"x":516,"y":690,"width":433,"height":8}},{"id":"cfba2052-2ebe-4a71-8365-7ab7a81c1ab8","block_type":"box","text":"an indication or guarantee of any future performance. Some funds may","page_number":3,"box":{"x":516,"y":702,"width":420,"height":9}},{"id":"bada10c1-9e42-41fb-b431-be9b162bbdcb","block_type":"box","text":"be based on or linked to MSCI indexes, and MSCI may be compensated","page_number":3,"box":{"x":516,"y":715,"width":422,"height":9}},{"id":"a24f2d01-f357-4ca0-b1ea-82f4ba2da677","block_type":"box","text":"based on the fund’s assets under management or other measures.","page_number":3,"box":{"x":516,"y":728,"width":392,"height":9}},{"id":"3e56851c-4d56-4921-8d49-b56600ce3111","block_type":"box","text":"MSCI has established an information barrier between index research","page_number":3,"box":{"x":516,"y":741,"width":407,"height":7}},{"id":"958eabb6-5b7d-4535-af39-736fb3693f7b","block_type":"box","text":"and certain Information. None of the Information in and of itself can be","page_number":3,"box":{"x":516,"y":754,"width":413,"height":7}},{"id":"695638be-fb67-448c-bb11-567c71c38e7c","block_type":"box","text":"used to determine which securities to buy or sell or when to buy or sell","page_number":3,"box":{"x":516,"y":767,"width":412,"height":8}},{"id":"77e637c6-ee76-412b-9e6e-a18ea5dbaa21","block_type":"box","text":"them. The Information is provided “as is” and the user assumes the entire","page_number":3,"box":{"x":515,"y":779,"width":431,"height":9}},{"id":"3abcaf8d-4941-45cd-8022-4aa0c8d5ae71","block_type":"box","text":"risk of any use it may make or permit to be made of the Information.","page_number":3,"box":{"x":516,"y":792,"width":398,"height":9}},{"id":"0158a583-8cec-4dad-9d30-2829e28f0f45","block_type":"box","text":"No MSCI Party warrants or guarantees the originality, accuracy and/","page_number":3,"box":{"x":516,"y":805,"width":403,"height":9}},{"id":"007ac083-d128-412c-b006-2d6b2598af7a","block_type":"box","text":"or completeness of the Information and each expressly disclaims all","page_number":3,"box":{"x":516,"y":818,"width":401,"height":9}},{"id":"5130d74a-b8f9-4f19-bc9a-1f4745bca915","block_type":"box","text":"express or implied warranties. No MSCI Party shall have any liability for","page_number":3,"box":{"x":516,"y":831,"width":418,"height":8}},{"id":"55723761-9d03-4662-963f-fc2ecc65dd8f","block_type":"box","text":"any errors or omissions in connection with any Information herein, or any","page_number":3,"box":{"x":516,"y":844,"width":428,"height":8}},{"id":"67277afc-7730-4720-aac5-4492b18431ba","block_type":"box","text":"liability for any direct, indirect, special, punitive, consequential or any","page_number":3,"box":{"x":516,"y":856,"width":405,"height":9}},{"id":"b22fcf96-b835-4f83-8ba0-2f85f56a7e86","block_type":"box","text":"other damages (including lost profits) even if notified of the possibility of","page_number":3,"box":{"x":516,"y":869,"width":426,"height":9}},{"id":"db7ba6b2-6a15-4416-93a2-2e8093f1ed0b","block_type":"box","text":"such damages.","page_number":3,"box":{"x":515,"y":882,"width":89,"height":9}},{"id":"6a78e445-f942-474d-96c9-2e7ce03e12de","block_type":"box","text":"The returns on a portfolio of securities which exclude companies that do","page_number":3,"box":{"x":515,"y":900,"width":429,"height":8}},{"id":"7c99fb6e-3e99-47fa-abe1-a89a9d2ce66a","block_type":"box","text":"not meet the portfolio’s sustainable strategy criteria may trail the returns","page_number":3,"box":{"x":516,"y":912,"width":428,"height":9}},{"id":"6b876753-196b-4c4a-9e2b-f23903461429","block_type":"box","text":"on a portfolio of securities which include such companies. A portfolio’s","page_number":3,"box":{"x":516,"y":925,"width":415,"height":9}},{"id":"b0aefd72-6d6e-4329-9290-aeb0013818b8","block_type":"box","text":"Report ID: 5592854.1","page_number":3,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"4f6cc400-8056-426d-b069-b81df8c5c994","block_type":"box","text":"Published: 12 Sep 2026","page_number":3,"box":{"x":496,"y":968,"width":129,"height":9}},{"id":"bf6a0e98-e53a-4f3c-a700-160332159088","block_type":"box","text":"P","page_number":3,"box":{"x":899,"y":968,"width":5,"height":6}},{"id":"195b6a9d-5b19-4339-90eb-7fe52f2c694b","block_type":"box","text":"a","page_number":3,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"b6dd5121-88bd-4a27-8a9a-3e0edac58467","block_type":"box","text":"g","page_number":3,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"e8a054ee-f0d7-4e9c-8580-c93f6097c539","block_type":"box","text":"e","page_number":3,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"65177afb-4efb-438b-8814-da71653f4e5e","block_type":"box","text":"3","page_number":3,"box":{"x":924,"y":968,"width":5,"height":6}},{"id":"0cba764e-3a39-451a-a479-542017b6b7ff","block_type":"box","text":"of","page_number":3,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"16891272-9199-4807-9afd-5559e12a168f","block_type":"box","text":"4","page_number":3,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"ad85e8c1-c298-4d80-a6aa-f25ef2c9f0d4","block_type":"box","text":"sustainable strategy criteria may result in the portfolio investing in","page_number":4,"box":{"x":47,"y":36,"width":389,"height":8}},{"id":"031a379d-1d57-46ab-a875-49f70437b6e7","block_type":"box","text":"industry sectors or securities which underperform the market as a whole.","page_number":4,"box":{"x":47,"y":48,"width":433,"height":9}},{"id":"f325e3ad-cae7-49ab-acbd-2d8b5b6ecbfa","block_type":"box","text":"For AIFMD Funds where applicable:","page_number":4,"box":{"x":47,"y":66,"width":225,"height":9}},{"id":"5add282a-5f7f-487b-ad7d-3e08e03238d3","block_type":"box","text":"For Professional Client/Qualified Investor Use Only in the","page_number":4,"box":{"x":47,"y":83,"width":361,"height":9}},{"id":"57ebe3ea-6715-4268-84da-931f80d909ef","block_type":"box","text":"Switzerland, Netherlands, Sweden and United Kingdom. Not for","page_number":4,"box":{"x":47,"y":96,"width":403,"height":9}},{"id":"7eb7398e-9097-4dc1-81cb-77d7e5598c84","block_type":"box","text":"public distribution.","page_number":4,"box":{"x":47,"y":109,"width":120,"height":9}},{"id":"a15395f2-f906-4e50-8688-27d3324e2612","block_type":"box","text":"In the UK, this document has been issued by State Street Global Advisors","page_number":4,"box":{"x":47,"y":127,"width":434,"height":8}},{"id":"35682d06-c496-4c98-8ac5-a15d884c691c","block_type":"box","text":"Limited (“SSGAL”). Authorized and regulated by the Financial Conduct","page_number":4,"box":{"x":47,"y":139,"width":419,"height":9}},{"id":"9c56711a-816e-41e5-b3f7-37ea8cdcac3a","block_type":"box","text":"Authority, Registered No.2509928. VAT No. 5776591 81. Registered","page_number":4,"box":{"x":47,"y":152,"width":398,"height":9}},{"id":"76abdf00-3638-411e-ad9a-8e54550909b8","block_type":"box","text":"office: 20 Churchill Place, Canary Wharf, London, E14 5HJ. Telephone:","page_number":4,"box":{"x":47,"y":165,"width":413,"height":9}},{"id":"84f03202-a0cf-4d5f-8501-789809c6777c","block_type":"box","text":"020 3395 6000. Facsimile: 020 3395 6350 Web:","page_number":4,"box":{"x":47,"y":178,"width":292,"height":7}},{"id":"2b3f5587-a8ab-4844-b2e6-9b61508dcb99","block_type":"box","text":"www.ssga","page_number":4,"box":{"x":342,"y":180,"width":59,"height":7}},{"id":"0425be61-ea4f-4179-995f-0898e4cea515","block_type":"box","text":".com","page_number":4,"box":{"x":401,"y":180,"width":28,"height":5}},{"id":"50461df5-1989-4f8e-8165-a68e0b36509d","block_type":"box","text":".","page_number":4,"box":{"x":431,"y":184,"width":1,"height":1}},{"id":"a3e3bbe5-4a9c-4ff4-b55e-011e37c67dc4","block_type":"box","text":"NOTICE TO PERSONS IN THE EUROPEAN ECONOMIC AREA","page_number":4,"box":{"x":47,"y":196,"width":388,"height":7}},{"id":"5652a385-9cf4-4625-9aa3-5228022fa426","block_type":"box","text":"(“EEA”)","page_number":4,"box":{"x":47,"y":208,"width":48,"height":8}},{"id":"60278920-a333-4c13-85f1-c193bdc8a349","block_type":"box","text":"The fund is permitted to market into the relevant EEA jurisdiction","page_number":4,"box":{"x":47,"y":226,"width":385,"height":9}},{"id":"a090a257-18e3-4df9-8dbe-0b96a1a9a4b1","block_type":"box","text":"pursuant to either Article 42 of AIFMD (if and as implemented under","page_number":4,"box":{"x":47,"y":239,"width":403,"height":9}},{"id":"a5659fde-2afb-409d-8a3b-ba970aefc9b8","block_type":"box","text":"national laws of such member state); or (ii) can otherwise be lawfully","page_number":4,"box":{"x":47,"y":252,"width":402,"height":8}},{"id":"ce1fc12c-b09a-4c2f-ad52-e4660c7c7884","block_type":"box","text":"offered or sold (including on the basis of an unsolicited request from a","page_number":4,"box":{"x":47,"y":264,"width":412,"height":9}},{"id":"363f78c8-4c89-4785-90fa-6ed28187cb54","block_type":"box","text":"professional client/qualified investor).","page_number":4,"box":{"x":47,"y":277,"width":222,"height":9}},{"id":"38e5a3c5-d35f-4355-ab4c-166f1000933b","block_type":"box","text":"The Fund is an alternative investment fund for the purpose of the","page_number":4,"box":{"x":47,"y":295,"width":412,"height":9}},{"id":"fde29e9a-d3f2-4562-980c-aabbb2de03c4","block_type":"box","text":"European Union Alternative Investment Fund Managers Directive","page_number":4,"box":{"x":47,"y":308,"width":415,"height":9}},{"id":"6e39bbe7-3441-4b30-9d6a-5b6e5d80eb2e","block_type":"box","text":"(Directive 2011/61/ EU) (the “AIFMD”). It is not a regulated collective","page_number":4,"box":{"x":47,"y":320,"width":427,"height":9}},{"id":"d58c9f31-9770-4f6d-9c0f-3d0681ea38fc","block_type":"box","text":"investment scheme for purposes of the Financial Services and","page_number":4,"box":{"x":47,"y":333,"width":395,"height":9}},{"id":"e2cd1c36-a2eb-47d3-8755-8e1c52dbfa51","block_type":"box","text":"Markets Act 2000 of the United Kingdom (“FSMA”). The promotion","page_number":4,"box":{"x":47,"y":346,"width":426,"height":9}},{"id":"c1eca2ff-e8b1-4856-9beb-7df57315f20d","block_type":"box","text":"of the fund and the distribution of this material in the UK is","page_number":4,"box":{"x":47,"y":359,"width":369,"height":7}},{"id":"26bb58ce-3856-4e23-b132-dfeddb43ed57","block_type":"box","text":"restricted by law to Professional Investors Only. The information","page_number":4,"box":{"x":47,"y":372,"width":409,"height":9}},{"id":"c8674c14-752f-4dd3-a606-f947d162cfe4","block_type":"box","text":"provided does not constitute tax advice, investors should consult","page_number":4,"box":{"x":47,"y":385,"width":414,"height":8}},{"id":"2e7d1b3f-6ed6-464d-b623-5158162ceb78","block_type":"box","text":"their tax advisors with respect to their particular tax situations and","page_number":4,"box":{"x":47,"y":398,"width":426,"height":8}},{"id":"55e9b367-6415-4a0e-b7fc-1689e87d4e63","block_type":"box","text":"the tax effects of an investment in the Fund.","page_number":4,"box":{"x":47,"y":410,"width":277,"height":7}},{"id":"166e6dd2-6236-4d83-829c-6000e09d1c02","block_type":"box","text":"The fund is an alternative investment fund for the purpose of the","page_number":4,"box":{"x":512,"y":36,"width":409,"height":8}},{"id":"384ec8ca-a8d0-4a78-acab-36e109ed0170","block_type":"box","text":"European Union Alternative Investment Fund Managers Directive","page_number":4,"box":{"x":512,"y":49,"width":415,"height":8}},{"id":"32b85a41-1666-4d34-ab18-6d33a6318a57","block_type":"box","text":"(Directive 2011/61/ EU) (“AIFMD”). SSGA Funds Management, Inc.","page_number":4,"box":{"x":512,"y":61,"width":414,"height":9}},{"id":"70c576eb-959f-4a2d-8ada-653186e374cb","block_type":"box","text":"or State Street Global Advisors Trust Company is the alternative","page_number":4,"box":{"x":512,"y":74,"width":411,"height":9}},{"id":"7f461e61-c17a-484e-8f78-89748e427fb6","block_type":"box","text":"investment fund manager (“AIFM”) of the fund and is an affiliate of","page_number":4,"box":{"x":512,"y":87,"width":421,"height":9}},{"id":"d8b99cf2-a1f7-4109-976b-0bd388b17d4c","block_type":"box","text":"State Street Global Advisors Limited.","page_number":4,"box":{"x":512,"y":100,"width":237,"height":7}},{"id":"7c7210c1-ef93-4424-8e24-7a0e2f70486a","block_type":"box","text":"For Switzerland Qualified Investor: The distribution of interests of U.S.","page_number":4,"box":{"x":512,"y":117,"width":409,"height":7}},{"id":"f199716e-c474-4cab-a2cf-92953102bd65","block_type":"box","text":"SPDR ETFs in Switzerland will be exclusively made to, and directed at,","page_number":4,"box":{"x":512,"y":130,"width":413,"height":9}},{"id":"e03bdc48-e099-4ae4-85a0-7157c88c9333","block_type":"box","text":"qualified investors according to Article 10(3) and (3ter) of the Swiss","page_number":4,"box":{"x":512,"y":143,"width":396,"height":9}},{"id":"28077c59-32a7-4708-a5c2-f27f6f91089d","block_type":"box","text":"Collective Investment Schemes Act (“CISA”) and its implementing","page_number":4,"box":{"x":512,"y":156,"width":391,"height":9}},{"id":"e00ca37e-6965-4fe8-b645-eb66a512b081","block_type":"box","text":"ordinance. The legal documents of U.S. SPDR ETFs can be obtained free","page_number":4,"box":{"x":512,"y":169,"width":428,"height":8}},{"id":"f9369b35-89dc-4b9b-9bd0-76aa6d61c417","block_type":"box","text":"of charge from the representative in Switzerland. Swiss Representative","page_number":4,"box":{"x":512,"y":181,"width":419,"height":9}},{"id":"47c89d6f-c39e-4ddd-ac73-fe12c0800b63","block_type":"box","text":"& Swiss Paying Agent: State Street Bank International GmbH","page_number":4,"box":{"x":512,"y":194,"width":359,"height":9}},{"id":"82f78999-f6bd-4c15-b696-a375e7c9422e","block_type":"box","text":"Kalanderplatz 5, 8045 Zürich, Switzerland Tel: +41 44 560 500.","page_number":4,"box":{"x":512,"y":207,"width":374,"height":9}},{"id":"7d1a3a0e-e96e-43fb-8408-7845e0ed4a74","block_type":"box","text":"SSGA Funds Management, Inc. serves as the investment advisor to the","page_number":4,"box":{"x":512,"y":225,"width":419,"height":8}},{"id":"8676ce79-8caf-4898-9c62-627c6803b8c5","block_type":"box","text":"SPDR ETFs that are registered with the United States Securities and","page_number":4,"box":{"x":512,"y":237,"width":403,"height":9}},{"id":"f71714a9-f75f-47ca-aad1-61f81dcdcde2","block_type":"box","text":"Exchange Commission under the Investment Company Act of 1940.","page_number":4,"box":{"x":512,"y":250,"width":402,"height":9}},{"id":"3fcaddff-3290-4fbf-b178-147c8d6b949f","block_type":"box","text":"SSGA Funds Management, Inc. is an affiliate of State Street Global","page_number":4,"box":{"x":512,"y":263,"width":391,"height":9}},{"id":"6064d7c3-1aa1-40a7-a89e-550c5073cfbd","block_type":"box","text":"Advisors Limited.","page_number":4,"box":{"x":511,"y":276,"width":104,"height":7}},{"id":"f902341f-42c7-4a38-9f5b-5c830b733bed","block_type":"box","text":"Before investing, consider the funds’ investment objectives, risks,","page_number":4,"box":{"x":512,"y":294,"width":416,"height":8}},{"id":"b83ae404-53ca-4a30-950f-63c9d6e4e86f","block_type":"box","text":"charges and expenses. To obtain a prospectus which contains","page_number":4,"box":{"x":512,"y":307,"width":393,"height":8}},{"id":"646dc4ca-6ea9-454f-ac78-597837aaa549","block_type":"box","text":"this and other information, visit ssga.com or talk to your financial","page_number":4,"box":{"x":511,"y":319,"width":412,"height":9}},{"id":"fbc4bbe3-34cf-42b2-bbc3-b21fc5ad822c","block_type":"box","text":"advisor. Read it carefully before investing.","page_number":4,"box":{"x":512,"y":332,"width":266,"height":9}},{"id":"898990d0-2143-4114-bfb9-7fe97b4d89f4","block_type":"box","text":"© 2026 State Street Corporation - All Rights Reserved.","page_number":4,"box":{"x":512,"y":358,"width":326,"height":8}},{"id":"34b69992-0a44-4478-a1c0-e5fc7ed2e7dd","block_type":"box","text":"Tracking Code : 8886773.1.1.EMEA.INST","page_number":4,"box":{"x":512,"y":371,"width":235,"height":8}},{"id":"cd403b1b-0317-474a-a8e8-69e7bd8f65e5","block_type":"box","text":"Expiration Date : 04.30.2027","page_number":4,"box":{"x":512,"y":383,"width":170,"height":9}},{"id":"c7b953d0-7f8a-47a6-9f26-b36d7308e438","block_type":"box","text":"State Street Global Advisors Worldwide Ent","page_number":4,"box":{"x":512,"y":396,"width":259,"height":7}},{"id":"549d4d93-f993-481f-92e1-3840bca45685","block_type":"box","text":"ities","page_number":4,"box":{"x":772,"y":396,"width":23,"height":7}},{"id":"82ab1040-168e-4973-8e0a-7886fc742786","block_type":"box","text":"Report ID: 5592854.1","page_number":4,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"9f697b85-d8bd-444c-a42f-f0ba0af0e3f5","block_type":"box","text":"Published: 12 Sep 2026","page_number":4,"box":{"x":496,"y":968,"width":129,"height":9}},{"id":"e9956c33-cc87-42fb-9d81-6613b59490e2","block_type":"box","text":"P","page_number":4,"box":{"x":898,"y":968,"width":6,"height":6}},{"id":"d434616c-8cad-4652-8238-9a177218dcaa","block_type":"box","text":"a","page_number":4,"box":{"x":904,"y":970,"width":6,"height":4}},{"id":"173c4909-4f97-44a9-8392-60a34b0706a9","block_type":"box","text":"g","page_number":4,"box":{"x":910,"y":970,"width":5,"height":5}},{"id":"4e144c53-bfcf-4a57-8f71-ed9b76a787ba","block_type":"box","text":"e","page_number":4,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"f0d5c519-2be9-4241-8cdf-a823d2dc3d5b","block_type":"box","text":"4","page_number":4,"box":{"x":923,"y":968,"width":7,"height":6}},{"id":"291d019c-c04c-4184-bd03-c5e32db547a1","block_type":"box","text":"of","page_number":4,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"ddf35c68-6a30-49bd-a13f-82fed31e4b54","block_type":"box","text":"4","page_number":4,"box":{"x":943,"y":968,"width":7,"height":6}}],"unit":"per_mille","page_width":595,"page_height":[{"value":841,"pages":[1]},{"value":842,"pages":[2,3,4]}],"attributes":{"chunk_type":"page_range","start_page":1,"end_page":4}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"7e6a7640-330d-42ce-afea-757dfddc99ee"},"user_id":1000002,"date_created":"2026-10-05T20:49:47.338000Z","date_modified":"2026-10-05T20:49:47.338000Z","private":false}