{"annotation_id":"0bed8afc-a117-4f44-a987-1a47f10f8de3","file_hash":"45fc39849d57c6f250bb6b74156df9f295dc92a6760e69031c8ee294c2de0131","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"b9efa233-f542-475c-8f63-f51747dc0bef","block_type":"box","text":"State Street SPDR MSCI Europe Value UCITS ETF","page_number":1,"box":{"x":82,"y":44,"width":355,"height":10}},{"id":"c57ffa61-d0de-488b-96ba-dd5179fbdced","block_type":"box","text":"1","page_number":1,"box":{"x":910,"y":932,"width":5,"height":7}},{"id":"edfdde8a-00c0-4900-b288-824a5f4536ac","block_type":"box","text":"31579061.62","page_number":1,"box":{"x":316,"y":944,"width":95,"height":9}},{"id":"0d96acf5-3ec4-4b16-a0a4-0d42ff29834c","block_type":"box","text":"SSGA SPDR ETFs Europe I","page_number":1,"box":{"x":92,"y":212,"width":257,"height":13}},{"id":"616b2783-d522-4432-bf9b-3cc7275e2ce4","block_type":"box","text":"I","page_number":1,"box":{"x":353,"y":212,"width":2,"height":11}},{"id":"48426931-191a-45e5-be22-8539abd1684b","block_type":"box","text":"Plc","page_number":1,"box":{"x":364,"y":212,"width":28,"height":11}},{"id":"1c1231f8-7e44-40f6-9318-05f27db6c72d","block_type":"box","text":"19 February","page_number":1,"box":{"x":92,"y":229,"width":113,"height":13}},{"id":"64c4bac6-af69-467c-acb7-248de30b5316","block_type":"box","text":"2026","page_number":1,"box":{"x":211,"y":229,"width":44,"height":10}},{"id":"30d6e8e5-c5ee-4986-af13-894b670edbb2","block_type":"box","text":"State Street SPDR MSCI Europe","page_number":1,"box":{"x":84,"y":249,"width":774,"height":33}},{"id":"3a172540-414c-4ccd-b9a6-c393da358cc5","block_type":"box","text":"Value UCITS ETF","page_number":1,"box":{"x":82,"y":290,"width":406,"height":27}},{"id":"6d18ea37-f2dc-4e85-b7ac-ec0b581792ea","block_type":"box","text":"Suppleme","page_number":1,"box":{"x":83,"y":338,"width":98,"height":13}},{"id":"0156aa1d-17a6-43d1-83c6-38ceff3eb234","block_type":"box","text":"n","page_number":1,"box":{"x":183,"y":340,"width":10,"height":8}},{"id":"83a5d61b-e3dd-4112-a8db-b3c7aa7df165","block_type":"box","text":"t No.","page_number":1,"box":{"x":196,"y":338,"width":53,"height":10}},{"id":"55ceb7cd-c56c-4fac-8cdf-f41b91dfedf4","block_type":"box","text":"26","page_number":1,"box":{"x":252,"y":338,"width":23,"height":10}},{"id":"bdeeb091-e818-4d1e-bf4a-9afc3ad45bbf","block_type":"box","text":"(A sub","page_number":1,"box":{"x":83,"y":363,"width":46,"height":11}},{"id":"af2bd2ad-3293-4e95-a802-e4f2abcb0be2","block_type":"box","text":"-","page_number":1,"box":{"x":130,"y":368,"width":5,"height":1}},{"id":"ca46b265-89e5-4c2a-acb1-2b6479954926","block_type":"box","text":"fund of SSGA SPDR ETFs Europe","page_number":1,"box":{"x":136,"y":363,"width":254,"height":11}},{"id":"57b5b02d-1e4c-4a98-9371-8652de6e49da","block_type":"box","text":"I","page_number":1,"box":{"x":397,"y":363,"width":2,"height":8}},{"id":"2db71b5a-583d-4937-8d47-050cdd51f94c","block_type":"box","text":"I","page_number":1,"box":{"x":402,"y":363,"width":1,"height":8}},{"id":"90b5ee88-d977-40b5-9961-b472f25c9d60","block_type":"box","text":"plc (the “Company”) an open","page_number":1,"box":{"x":410,"y":362,"width":210,"height":12}},{"id":"ed2bbf0c-5428-4cfd-8021-2eff4622065e","block_type":"box","text":"-","page_number":1,"box":{"x":622,"y":368,"width":4,"height":1}},{"id":"0d53bc70-4fca-4923-a47a-2d4dc17482d2","block_type":"box","text":"ended investment company constituted","page_number":1,"box":{"x":628,"y":363,"width":288,"height":11}},{"id":"81bcf2f2-6fa9-43e5-80d0-7f338593651c","block_type":"box","text":"as an umbrella fund with segregated liability between sub","page_number":1,"box":{"x":82,"y":378,"width":416,"height":11}},{"id":"862cfd89-5e2d-412d-92a8-0a4208cc73d8","block_type":"box","text":"-","page_number":1,"box":{"x":500,"y":383,"width":4,"height":1}},{"id":"f204aee2-1b02-41df-995e-0fc7b9658533","block_type":"box","text":"funds authorised by the Central Bank of Ireland pursuant","page_number":1,"box":{"x":505,"y":378,"width":412,"height":11}},{"id":"e899fb13-6790-4425-a2ed-83ceb394ed34","block_type":"box","text":"to the UCITS Regulations).","page_number":1,"box":{"x":82,"y":393,"width":199,"height":11}},{"id":"735e4319-f64f-4e5a-af63-7922cb2b133f","block_type":"box","text":"This Supplement (the “Supplement”) forms part of the Prospectus dated","page_number":1,"box":{"x":82,"y":424,"width":585,"height":11}},{"id":"50ea101b-8d0e-4792-b783-d0c5e973eb17","block_type":"box","text":"19 February","page_number":1,"box":{"x":676,"y":424,"width":94,"height":11}},{"id":"2608f9ff-3666-492d-9e33-6afb87fac70a","block_type":"box","text":"2026","page_number":1,"box":{"x":777,"y":424,"width":36,"height":9}},{"id":"98b9cb81-e285-4201-ac58-31003e2c9383","block_type":"box","text":"as amended","page_number":1,"box":{"x":820,"y":424,"width":96,"height":9}},{"id":"9271e5ac-b466-420a-b2e0-eee18887f016","block_type":"box","text":"from time to time (the “Prospectus”) in relation to the Company. This Supplement should be read together","page_number":1,"box":{"x":82,"y":440,"width":835,"height":11}},{"id":"a4632fb9-103d-4efb-ad2f-ef372a1ac348","block_type":"box","text":"with the Prospectus and","page_number":1,"box":{"x":82,"y":455,"width":197,"height":11}},{"id":"7065ad0e-eef7-4664-8b63-a4199cb3a1ae","block_type":"box","text":"Packaged Retail and Insurance","page_number":1,"box":{"x":288,"y":455,"width":250,"height":11}},{"id":"312bd8e0-685a-4393-9fd5-d912be5c466b","block_type":"box","text":"-","page_number":1,"box":{"x":539,"y":460,"width":5,"height":1}},{"id":"a1266084-ee66-4937-bf0d-26eccaffcde6","block_type":"box","text":"based Investment Product document (“PRIIPs","page_number":1,"box":{"x":545,"y":455,"width":371,"height":11}},{"id":"be9b594d-81cb-46e5-bcd5-64a220b37e12","block_type":"box","text":"KID”) or","page_number":1,"box":{"x":83,"y":470,"width":63,"height":12}},{"id":"73fd92cc-64b4-4b2a-b7b7-eb6320278beb","block_type":"box","text":"Key Investor Information Document (“KIID”).","page_number":1,"box":{"x":150,"y":470,"width":350,"height":12}},{"id":"682fcc3d-b012-4310-b1f7-498fc8711aa0","block_type":"box","text":"It","page_number":1,"box":{"x":511,"y":471,"width":7,"height":8}},{"id":"93c315ee-2940-48d6-8109-3470c13a675d","block_type":"box","text":"contains information relating to the","page_number":1,"box":{"x":523,"y":470,"width":252,"height":12}},{"id":"ee690266-5538-4763-aa51-041b90030236","block_type":"box","text":"State Street SPDR","page_number":1,"box":{"x":780,"y":470,"width":137,"height":9}},{"id":"88e1de57-fc51-40a4-872a-6da7275cd729","block_type":"box","text":"MSCI Europe Value UCITS ETF","page_number":1,"box":{"x":83,"y":486,"width":235,"height":11}},{"id":"32cddc53-3d8d-47dc-a8fb-abdc86add2ce","block_type":"box","text":"(the “Fund”), which is represented by the","page_number":1,"box":{"x":325,"y":486,"width":297,"height":11}},{"id":"b4b25dd9-176d-444a-9ca2-bf410dd84e94","block_type":"box","text":"State Street SPDR MSCI Europe Value","page_number":1,"box":{"x":628,"y":486,"width":289,"height":11}},{"id":"4ad61e32-f4ea-460d-a907-b3bfefad33f3","block_type":"box","text":"UCITS ETF","page_number":1,"box":{"x":83,"y":501,"width":85,"height":9}},{"id":"efb9a930-c195-49b2-91dc-2b2d781303be","block_type":"box","text":"series of shares in the Company (the “Shares”).","page_number":1,"box":{"x":174,"y":501,"width":352,"height":12}},{"id":"6ba7608a-1a1d-4713-a148-faae3eddddb9","block_type":"box","text":"All Shares in this Fund have been designated as ETF Shares. Unless otherwise defined herein or unless the","page_number":1,"box":{"x":82,"y":532,"width":834,"height":11}},{"id":"e80d1484-515b-44ec-93e8-c15f636f50b4","block_type":"box","text":"context otherwise requires, all defined terms used in this Supplement shall bear the same meaning as in the","page_number":1,"box":{"x":82,"y":548,"width":834,"height":11}},{"id":"2e553f00-fa7d-4707-8520-06ea312c09cf","block_type":"box","text":"Prospectus.","page_number":1,"box":{"x":83,"y":563,"width":86,"height":11}},{"id":"e43c0c36-f77a-41ce-9b91-496f53f93a48","block_type":"box","text":"Prospective investors should review the entire Supplement, the Prospectus and","page_number":1,"box":{"x":83,"y":594,"width":595,"height":11}},{"id":"b4ab1f92-cccc-4c5b-942a-cf7e1d4f6f53","block_type":"box","text":"PRIIPs KID or","page_number":1,"box":{"x":687,"y":594,"width":105,"height":9}},{"id":"6a6c7db4-e246-45ed-a603-af1211cf3f13","block_type":"box","text":"KIID carefully. If","page_number":1,"box":{"x":798,"y":594,"width":120,"height":11}},{"id":"6a38fe9a-ab53-47aa-a02e-738f1ba2b9c9","block_type":"box","text":"you have any questions, you should consult your stockbroker","page_number":1,"box":{"x":82,"y":609,"width":474,"height":11}},{"id":"0b0afc89-f220-412b-bbc8-b5aa15fd61f4","block_type":"box","text":"or financial adviser. Potential investors should","page_number":1,"box":{"x":564,"y":609,"width":352,"height":9}},{"id":"1a47ec7a-f745-4cbd-8d76-ece267dc5ff6","block_type":"box","text":"consider the risk factors set out in the Prospectus and in this Supplement before investing in this Fund. The","page_number":1,"box":{"x":82,"y":625,"width":834,"height":11}},{"id":"6e40cec5-6adb-4195-a345-a638076ff42e","block_type":"box","text":"Company and the Directors listed in the “Management” section of the Prospectus, accept responsibi","page_number":1,"box":{"x":83,"y":640,"width":757,"height":11}},{"id":"768a54ca-cc5d-417d-bce6-274d82097d0a","block_type":"box","text":"lity for the","page_number":1,"box":{"x":843,"y":640,"width":74,"height":11}},{"id":"2cecc2d7-b0cc-4fe4-a118-c5563c7b8b60","block_type":"box","text":"information contained in this Supplement.","page_number":1,"box":{"x":83,"y":656,"width":305,"height":11}},{"id":"75f1363c-d410-4aa7-9f5d-4715cbb08dc5","block_type":"box","text":"State Street SPDR MSCI Europe Value UCITS ETF","page_number":2,"box":{"x":82,"y":44,"width":355,"height":10}},{"id":"e840a105-e9e5-4ce8-91cb-19449ac953cb","block_type":"box","text":"2","page_number":2,"box":{"x":909,"y":932,"width":8,"height":7}},{"id":"224f2c44-8459-471c-badf-f02623611ad1","block_type":"box","text":"31579061.62","page_number":2,"box":{"x":316,"y":944,"width":95,"height":9}},{"id":"5cf9950e-b964-43d2-b33b-83dc51c971e2","block_type":"box","text":"Fund Characteristics","page_number":2,"box":{"x":87,"y":85,"width":165,"height":8}},{"id":"704263ed-8b05-4e06-86e8-3f58dafdea64","block_type":"box","text":"Base Currency","page_number":2,"box":{"x":87,"y":104,"width":98,"height":10}},{"id":"94ff9415-3b70-407a-8cef-bb1d9db8c4f7","block_type":"box","text":"EUR","page_number":2,"box":{"x":330,"y":104,"width":30,"height":8}},{"id":"1aa6e7cb-397a-47dc-85ba-edfdf90b3831","block_type":"box","text":"Investment Manager","page_number":2,"box":{"x":87,"y":122,"width":137,"height":10}},{"id":"5a5fbd4c-804c-41d0-976f-af3e7ad6e7e4","block_type":"box","text":"State","page_number":2,"box":{"x":329,"y":122,"width":34,"height":8}},{"id":"509e42ea-aefa-4408-952f-fc55e7cefec0","block_type":"box","text":"Street Global Advisors","page_number":2,"box":{"x":369,"y":122,"width":149,"height":8}},{"id":"9f4a0316-85ea-4602-a12d-c6bbd23853d8","block_type":"box","text":"Europe","page_number":2,"box":{"x":524,"y":122,"width":47,"height":10}},{"id":"ee5201ce-be88-46f2-ab5c-feb77115a4c6","block_type":"box","text":"Limited","page_number":2,"box":{"x":577,"y":122,"width":46,"height":8}},{"id":"afc995c2-0e33-40b7-84b5-63e88b3eaaf0","block_type":"box","text":".","page_number":2,"box":{"x":626,"y":129,"width":1,"height":1}},{"id":"4625634c-b99c-4d2a-bf52-0f516d649b37","block_type":"box","text":"Sub","page_number":2,"box":{"x":86,"y":142,"width":26,"height":7}},{"id":"2cb739e8-af25-498c-9616-bd3953267be7","block_type":"box","text":"-","page_number":2,"box":{"x":113,"y":146,"width":4,"height":1}},{"id":"a6b0a0b2-19bc-4112-9a7d-283cf135e3b9","block_type":"box","text":"Investment Manager(s)","page_number":2,"box":{"x":119,"y":142,"width":154,"height":10}},{"id":"bb807740-62e7-4c9d-b46a-f30a4eb180b7","block_type":"box","text":"State Street Global Advisors Limited","page_number":2,"box":{"x":329,"y":142,"width":241,"height":7}},{"id":"f5c8e130-db11-4219-b737-e24305e64eef","block_type":"box","text":".","page_number":2,"box":{"x":573,"y":148,"width":1,"height":1}},{"id":"db496ca0-0dab-4d14-82cd-0eb0eb3648d0","block_type":"box","text":"ISIN","page_number":2,"box":{"x":87,"y":160,"width":27,"height":8}},{"id":"f7fe60d0-b144-4b0f-ad61-4d13d53b8869","block_type":"box","text":"IE","page_number":2,"box":{"x":330,"y":160,"width":12,"height":8}},{"id":"765a6454-8e0c-4d0e-b3c9-805ff34b5f53","block_type":"box","text":"00BSPLC306","page_number":2,"box":{"x":343,"y":160,"width":91,"height":8}},{"id":"40242a8c-80e2-4693-9706-c2fd4121c29e","block_type":"box","text":".","page_number":2,"box":{"x":436,"y":167,"width":1,"height":1}},{"id":"7cf90c7f-5456-4661-b1e6-aa432ae5e1ac","block_type":"box","text":"Total Expense Ratio (TER)","page_number":2,"box":{"x":86,"y":184,"width":180,"height":10}},{"id":"66d04548-891e-4474-a693-0c6e604c5a9b","block_type":"box","text":"Up to","page_number":2,"box":{"x":330,"y":178,"width":34,"height":10}},{"id":"e4a8cedf-0c8b-4cd0-97d1-dc145747c093","block_type":"box","text":"0.20","page_number":2,"box":{"x":370,"y":178,"width":28,"height":8}},{"id":"958b17ef-cd70-4fea-8638-be6b97543851","block_type":"box","text":"%. Further information","page_number":2,"box":{"x":400,"y":178,"width":147,"height":8}},{"id":"a7a12aa8-f10c-42d3-a84d-cdcf80bf7ea3","block_type":"box","text":"in this respect","page_number":2,"box":{"x":554,"y":178,"width":93,"height":10}},{"id":"0792dc7b-bb3f-4437-80b0-0a5ba263467c","block_type":"box","text":"is set out in the","page_number":2,"box":{"x":652,"y":178,"width":101,"height":8}},{"id":"43824b3a-94f5-4358-8152-a4563dd20b2f","block_type":"box","text":"“Fees and Expenses”","page_number":2,"box":{"x":759,"y":178,"width":154,"height":10}},{"id":"0b48a556-66b1-4c79-9d66-77f2bd4d0c48","block_type":"box","text":"section of the Prospectus.","page_number":2,"box":{"x":329,"y":190,"width":172,"height":10}},{"id":"84d75250-f7e2-477f-8892-e7a7f5876507","block_type":"box","text":"Dividend Policy","page_number":2,"box":{"x":87,"y":208,"width":102,"height":10}},{"id":"896eb404-bb5c-4e71-9c64-ccdc6a6fc8ac","block_type":"box","text":"All income and gains will be accumulated in the Net Asset Value per Share","page_number":2,"box":{"x":328,"y":208,"width":500,"height":10}},{"id":"8cb25b3f-4947-45e3-9635-45d26489639c","block_type":"box","text":".","page_number":2,"box":{"x":830,"y":215,"width":2,"height":1}},{"id":"1d6a47aa-3685-43cb-b5f1-8d4907ccb300","block_type":"box","text":"SFDR Fund Classification","page_number":2,"box":{"x":86,"y":232,"width":172,"height":8}},{"id":"218df350-1db8-4824-a44e-ee5c80eb80b0","block_type":"box","text":"SFDR Fund Classification","page_number":2,"box":{"x":329,"y":226,"width":178,"height":8}},{"id":"5fd07532-e1f5-41e5-84c8-c31867e2956d","block_type":"box","text":"-","page_number":2,"box":{"x":516,"y":231,"width":4,"height":1}},{"id":"9cd635c3-db07-47c3-aeb4-272482c5b635","block_type":"box","text":"For the purposes of SFDR","page_number":2,"box":{"x":529,"y":226,"width":188,"height":10}},{"id":"bbba33f2-612d-4c0d-8ffb-e5de5a5ca0d5","block_type":"box","text":"Article 6, the integration of","page_number":2,"box":{"x":725,"y":226,"width":189,"height":10}},{"id":"a3e2911d-4cf1-4fbd-9d3c-80d2a71df774","block_type":"box","text":"Sustainability R","page_number":2,"box":{"x":329,"y":239,"width":104,"height":10}},{"id":"a6d803a2-59d6-4a57-993d-41099d65bc20","block_type":"box","text":"isk is not relevant for this Fund","page_number":2,"box":{"x":434,"y":239,"width":203,"height":7}},{"id":"2d64da4e-28dc-4382-a8b4-0ebdd52df56f","block_type":"box","text":".","page_number":2,"box":{"x":639,"y":245,"width":2,"height":1}},{"id":"eb07b554-a4ce-4335-9bdb-561d60f7bce0","block_type":"box","text":"Dealing Information","page_number":2,"box":{"x":87,"y":268,"width":155,"height":11}},{"id":"44700475-6909-4d33-aa88-38f0dca02f86","block_type":"box","text":"Dealing Deadline","page_number":2,"box":{"x":87,"y":318,"width":113,"height":9}},{"id":"75536751-fee3-4ac9-9032-c5a1572fe172","block_type":"box","text":"Cash sub","page_number":2,"box":{"x":329,"y":287,"width":63,"height":8}},{"id":"33dfa9c5-8ac9-4579-aab8-78735c6d3bab","block_type":"box","text":"scriptions and redemptions:","page_number":2,"box":{"x":393,"y":287,"width":183,"height":10}},{"id":"d2bdf001-3320-4695-9009-9434c475784b","block_type":"box","text":"2.30","page_number":2,"box":{"x":582,"y":287,"width":28,"height":8}},{"id":"85670a11-8735-4438-894d-a209ab7246d7","block_type":"box","text":"p.m. (Irish time) on each Dealing Day.","page_number":2,"box":{"x":616,"y":287,"width":252,"height":10}},{"id":"4d88c493-f653-46a3-94da-10dd55ab6b6c","block_type":"box","text":"Cash","page_number":2,"box":{"x":329,"y":299,"width":34,"height":8}},{"id":"e03ab6e1-33b9-4c22-af9f-5e1078615c12","block_type":"box","text":"subscriptions and redemptions on on the last Dealing Day prior to 25 December","page_number":2,"box":{"x":369,"y":299,"width":545,"height":10}},{"id":"adbd3090-3921-4a13-827e-2162002f3a91","block_type":"box","text":"and 1 January each year: 11.00 a.m. (Irish time).","page_number":2,"box":{"x":329,"y":311,"width":324,"height":10}},{"id":"c4c0288f-0f50-49e8-a808-6c5558a0ae5e","block_type":"box","text":"Earlier or later times may be determined by the","page_number":2,"box":{"x":330,"y":324,"width":315,"height":10}},{"id":"ba0c857d-71aa-4045-8626-07c693d42f39","block_type":"box","text":"Management Company at its","page_number":2,"box":{"x":651,"y":324,"width":193,"height":10}},{"id":"f73e4ce6-82d0-4998-8cbf-fcdc1f7b6f56","block_type":"box","text":"discretion","page_number":2,"box":{"x":850,"y":324,"width":63,"height":7}},{"id":"a52c05b8-e9fc-4495-b8e4-b292f1066a15","block_type":"box","text":"with prior notice to the Authorised Participants.","page_number":2,"box":{"x":328,"y":336,"width":311,"height":10}},{"id":"24f385f1-cb5e-4bbd-947c-f9ea09d49dab","block_type":"box","text":"In","page_number":2,"box":{"x":330,"y":348,"width":10,"height":8}},{"id":"7ebca033-bdc5-4810-a388-dec6a2305a6d","block_type":"box","text":"-","page_number":2,"box":{"x":342,"y":353,"width":4,"height":1}},{"id":"36ac31d4-cc02-41e4-831c-c23e1cfda43a","block_type":"box","text":"kind dealing by Shareholders is not permitted.","page_number":2,"box":{"x":347,"y":348,"width":304,"height":10}},{"id":"d3e972e1-d7bf-4f59-9189-7c4362738127","block_type":"box","text":"Settlement Deadline","page_number":2,"box":{"x":86,"y":397,"width":135,"height":8}},{"id":"75c127fb-b2e4-44e8-ac82-39b1ec755d94","block_type":"box","text":"3.00 p.m. (Irish time) on the second Business Day after the Dealing Day, or such earlier","page_number":2,"box":{"x":329,"y":366,"width":584,"height":10}},{"id":"001389d6-5012-4719-a94d-b0342a07869b","block_type":"box","text":"or later date as may be determined by or agreed with the","page_number":2,"box":{"x":329,"y":379,"width":386,"height":9}},{"id":"823d1338-5a88-4488-8776-09a0acb4656b","block_type":"box","text":"Management Company. The","page_number":2,"box":{"x":722,"y":378,"width":191,"height":10}},{"id":"21e10217-5dd7-4151-97c5-e787d1ca7b05","block_type":"box","text":"Management Company","page_number":2,"box":{"x":329,"y":391,"width":159,"height":10}},{"id":"3a904f15-576e-4bfd-a64d-da2510e48f73","block_type":"box","text":"/Company will notify Shareholders if, (i) an earlier Settlement","page_number":2,"box":{"x":488,"y":391,"width":425,"height":10}},{"id":"17891cc1-58ba-4ef9-a90b-5a8fb53e43ef","block_type":"box","text":"Deadline applies in respect of subscriptions, or (ii) a later Settlement Deadline applies in","page_number":2,"box":{"x":330,"y":403,"width":582,"height":10}},{"id":"5f2b18fb-e789-4690-b4d0-51a579075356","block_type":"box","text":"respect of redemptions. Settlement may be impacted by the settlement schedule of the","page_number":2,"box":{"x":329,"y":415,"width":584,"height":10}},{"id":"3a0be00c-941c-45be-b21e-e318bace732c","block_type":"box","text":"underlying mar","page_number":2,"box":{"x":329,"y":428,"width":100,"height":10}},{"id":"2fd2c554-62cc-4c4c-86f6-841382d01ab3","block_type":"box","text":"kets.","page_number":2,"box":{"x":430,"y":428,"width":29,"height":7}},{"id":"98f5c1e5-ba4c-459e-b89e-8fae9c20f4ea","block_type":"box","text":"Dealing NAV","page_number":2,"box":{"x":87,"y":452,"width":85,"height":10}},{"id":"4eeb4fed-3ca3-4aca-8ef1-898a7c563dca","block_type":"box","text":"The Net Asset Value per Share calculated as at the Valuation Point on the relevant","page_number":2,"box":{"x":329,"y":446,"width":584,"height":9}},{"id":"6b6de5bf-594e-44cd-bde7-32f949d6498e","block_type":"box","text":"Dealing Day.","page_number":2,"box":{"x":330,"y":458,"width":84,"height":10}},{"id":"244c389c-7753-48b7-bdf3-2ff675fc9c6d","block_type":"box","text":"Minimum Subscription and","page_number":2,"box":{"x":87,"y":476,"width":176,"height":10}},{"id":"583caf43-6e15-4ab6-9bba-739a349d6cd9","block_type":"box","text":"Redemption Amount","page_number":2,"box":{"x":87,"y":488,"width":136,"height":10}},{"id":"d17b37b3-e09b-4f48-9ab0-f262c04921c1","block_type":"box","text":"Authorised Participants should refer to the Authorised","page_number":2,"box":{"x":328,"y":476,"width":361,"height":10}},{"id":"e2e307d8-ec7a-4d11-8bf8-c06b445a4ae6","block_type":"box","text":"Participant Operating Guidelines","page_number":2,"box":{"x":696,"y":476,"width":217,"height":10}},{"id":"04f475bd-816f-4f99-8e3a-cfc4d71f9241","block_type":"box","text":"for details of the current minimum subscription and redemption amounts for the Fund.","page_number":2,"box":{"x":328,"y":488,"width":570,"height":10}},{"id":"70fb2e61-27db-4ac7-8849-fae878258633","block_type":"box","text":"Index Information","page_number":2,"box":{"x":87,"y":517,"width":138,"height":9}},{"id":"cbce6bf5-cf08-4e85-bff9-7ef76c95df39","block_type":"box","text":"Index (Ticker)","page_number":2,"box":{"x":87,"y":536,"width":90,"height":10}},{"id":"a8a5eaf1-64ed-44f6-a77b-c3f717b53dfa","block_type":"box","text":"MSCI Europe Value Exposure Select Index (NE720343).","page_number":2,"box":{"x":329,"y":536,"width":377,"height":10}},{"id":"67bec00d-1195-4b72-8c8f-4acccb1e527e","block_type":"box","text":"Index Rebalance Frequency","page_number":2,"box":{"x":87,"y":555,"width":187,"height":9}},{"id":"0bfcde3f-e6cf-4f36-a0b1-13cf2dd44809","block_type":"box","text":"Semi","page_number":2,"box":{"x":329,"y":554,"width":33,"height":8}},{"id":"93c688be-ec50-4f64-be51-46380bae48da","block_type":"box","text":"-","page_number":2,"box":{"x":364,"y":559,"width":4,"height":1}},{"id":"ef8f09fb-acdf-46ea-91da-4317ed3dade6","block_type":"box","text":"annually.","page_number":2,"box":{"x":369,"y":555,"width":58,"height":9}},{"id":"3d0fbea4-66ed-4777-a8f1-4aec5a41b704","block_type":"box","text":"Additional Index Information","page_number":2,"box":{"x":85,"y":585,"width":187,"height":8}},{"id":"4d482fd2-c15a-4bb9-9864-cfe8ac1c38c1","block_type":"box","text":"Further details of the Index and its performance can be found at:","page_number":2,"box":{"x":330,"y":573,"width":427,"height":10}},{"id":"68b42408-d787-4cb7-a566-3f3cd4490eca","block_type":"box","text":"https://www.msci.com/constituents","page_number":2,"box":{"x":329,"y":585,"width":230,"height":10}},{"id":"f04f4d8f-5b61-4494-b06b-ca590dc69b82","block_type":"box","text":"https://www.msci.com/documents/10199/86357c54","page_number":2,"box":{"x":329,"y":597,"width":340,"height":10}},{"id":"0df9a55f-1fb6-4bb8-8256-3f4e97cb44f8","block_type":"box","text":"-","page_number":2,"box":{"x":671,"y":602,"width":4,"height":1}},{"id":"28324a1f-cac2-4ce6-8a42-aa8df381c276","block_type":"box","text":"07a8","page_number":2,"box":{"x":676,"y":597,"width":32,"height":8}},{"id":"226b23d9-75da-499c-981d-036b42b74451","block_type":"box","text":"-","page_number":2,"box":{"x":709,"y":602,"width":4,"height":1}},{"id":"1a895a05-3480-431f-a07f-2259ab075c39","block_type":"box","text":"f823","page_number":2,"box":{"x":714,"y":597,"width":28,"height":8}},{"id":"55480d15-8113-4894-8401-7af56edd3980","block_type":"box","text":"-","page_number":2,"box":{"x":744,"y":602,"width":4,"height":1}},{"id":"6f641c27-200f-4e79-8c74-b91bdcc9a466","block_type":"box","text":"7cba","page_number":2,"box":{"x":749,"y":597,"width":31,"height":8}},{"id":"4d910c7a-7035-4e3b-b8b2-79f3d043547e","block_type":"box","text":"-","page_number":2,"box":{"x":782,"y":602,"width":4,"height":1}},{"id":"678a4460-fd9a-4754-9949-1ca1003b8fa9","block_type":"box","text":"c4a4b6d0ed62","page_number":2,"box":{"x":787,"y":597,"width":98,"height":8}},{"id":"42b3910e-6c8c-4ac9-9362-23d1c69db641","block_type":"box","text":"Valuation Information","page_number":2,"box":{"x":85,"y":626,"width":172,"height":9}},{"id":"39d00a35-5ee7-4672-9ffc-ae5b6a5e740e","block_type":"box","text":"Valuation","page_number":2,"box":{"x":85,"y":652,"width":63,"height":7}},{"id":"2e663660-108c-4799-92c5-d11784bd6de0","block_type":"box","text":"The Net Asset Value per Share is calculated in accordance with the “","page_number":2,"box":{"x":329,"y":645,"width":463,"height":10}},{"id":"64af41e7-8e30-4df1-a00d-7e671aa2f870","block_type":"box","text":"Determination of","page_number":2,"box":{"x":795,"y":645,"width":119,"height":8}},{"id":"ea72a85f-bc3f-4ff1-98ad-c7c2fa3ed268","block_type":"box","text":"Net Asset Value","page_number":2,"box":{"x":329,"y":658,"width":113,"height":8}},{"id":"cba2a346-1e0e-49c9-9696-5ab07d0f5a21","block_type":"box","text":"” section of the Prospectus.","page_number":2,"box":{"x":443,"y":657,"width":182,"height":11}},{"id":"b1161b68-d9ae-4d7a-b605-c7dab9671d8f","block_type":"box","text":"Valuation Pricing Used","page_number":2,"box":{"x":85,"y":676,"width":152,"height":10}},{"id":"e83d5c9d-b4cf-4e83-bbb6-c2e8189ee5c0","block_type":"box","text":"Last traded.","page_number":2,"box":{"x":329,"y":676,"width":78,"height":7}},{"id":"180dc8f4-94ff-49ae-ba1f-dd8aaf5b2e3f","block_type":"box","text":"Valuation Point","page_number":2,"box":{"x":85,"y":694,"width":102,"height":8}},{"id":"c50cd1ad-8907-4ee2-8fb4-952b5009aeba","block_type":"box","text":"6.45","page_number":2,"box":{"x":329,"y":694,"width":28,"height":8}},{"id":"9732abec-4822-43c3-8368-ceaa946b41bd","block_type":"box","text":"p.m.","page_number":2,"box":{"x":363,"y":696,"width":27,"height":8}},{"id":"4767e6c1-da1d-4b65-b333-304b99170576","block_type":"box","text":"(Irish time) on each Business Day.","page_number":2,"box":{"x":397,"y":694,"width":227,"height":10}},{"id":"7b1041e9-14f7-4697-bfd5-133f9d199634","block_type":"box","text":"State Street SPDR MSCI Europe Value UCITS ETF","page_number":3,"box":{"x":83,"y":22,"width":354,"height":10}},{"id":"5b319278-e964-4138-b6d1-3e31007f78f4","block_type":"box","text":"3","page_number":3,"box":{"x":909,"y":957,"width":8,"height":8}},{"id":"d3416e2b-f390-4381-bf18-d38c9f2a19a1","block_type":"box","text":"31579061.62","page_number":3,"box":{"x":316,"y":970,"width":96,"height":9}},{"id":"6deea920-6b8a-4321-acba-506068261652","block_type":"box","text":"I","page_number":3,"box":{"x":83,"y":75,"width":3,"height":10}},{"id":"37145065-58c5-4e3b-b797-29177da5ff11","block_type":"box","text":"nvestment Objective and Policy","page_number":3,"box":{"x":89,"y":75,"width":289,"height":13}},{"id":"354693e0-2970-40f9-b478-046a91d4790a","block_type":"box","text":"Investment Objective:","page_number":3,"box":{"x":83,"y":97,"width":159,"height":11}},{"id":"d8714a23-709d-4e48-89b9-d2aac22929ec","block_type":"box","text":"The investment objective of the","page_number":3,"box":{"x":253,"y":97,"width":228,"height":11}},{"id":"6206b8c0-38c9-45ac-8038-882030e52263","block_type":"box","text":"Fund is to track the performance of","page_number":3,"box":{"x":83,"y":112,"width":239,"height":10}},{"id":"f6e073ef-331b-4dba-8c0f-e25260373d44","block_type":"box","text":"European equities with","page_number":3,"box":{"x":328,"y":112,"width":152,"height":10}},{"id":"c32c2b78-3b27-4aee-a00c-e8090bce7791","block_type":"box","text":"a higher weighting applied to equities exhibiting low","page_number":3,"box":{"x":83,"y":126,"width":398,"height":10}},{"id":"758d078e-4cca-4c02-ad8c-5af736fda585","block_type":"box","text":"valuation characteristics","page_number":3,"box":{"x":82,"y":140,"width":161,"height":8}},{"id":"6574345c-d4ba-4f98-b4b0-b48a881bb57e","block_type":"box","text":".","page_number":3,"box":{"x":245,"y":147,"width":1,"height":1}},{"id":"6700db60-ebec-42f8-94a3-89cc782bd2bc","block_type":"box","text":"Investment Policy:","page_number":3,"box":{"x":83,"y":164,"width":131,"height":10}},{"id":"963685b8-b43c-4e0e-85e2-944618660019","block_type":"box","text":"The investment policy of the Fund is to","page_number":3,"box":{"x":221,"y":164,"width":260,"height":10}},{"id":"3a8010ad-03be-451c-84a0-dc7725cf8518","block_type":"box","text":"track the performance of the Index (or any other index","page_number":3,"box":{"x":82,"y":178,"width":399,"height":10}},{"id":"118414e1-2681-495d-817f-6feca04cdf4c","block_type":"box","text":"determined by the Directors from time to time to track","page_number":3,"box":{"x":83,"y":192,"width":398,"height":10}},{"id":"6469f3c0-98ee-481a-8ada-ab5108649fa9","block_type":"box","text":"substantially the same market as the Index) as closely as","page_number":3,"box":{"x":82,"y":207,"width":398,"height":10}},{"id":"4161ff52-6dfb-441a-b4fa-9bd5bac2108c","block_type":"box","text":"possible, while seeking to minimise as far as po","page_number":3,"box":{"x":83,"y":221,"width":332,"height":10}},{"id":"df0c92e2-e731-4cfe-8348-619ed9da082c","block_type":"box","text":"ssible the","page_number":3,"box":{"x":416,"y":221,"width":65,"height":8}},{"id":"cfc30efe-a865-45dc-b78f-a6c86a21c109","block_type":"box","text":"tracking difference between the Fund’s performance and","page_number":3,"box":{"x":82,"y":235,"width":398,"height":10}},{"id":"ce18de93-655b-4cb5-b083-14da988b7f4e","block_type":"box","text":"that of the Index.","page_number":3,"box":{"x":82,"y":249,"width":111,"height":8}},{"id":"2c900d7c-2fc0-4bf4-b9b4-38d86645d363","block_type":"box","text":"The Index measures the performance of the stocks that","page_number":3,"box":{"x":82,"y":273,"width":399,"height":10}},{"id":"9bf63b57-75d6-4729-bfe5-f7b5e4bd2567","block_type":"box","text":"exhibit relatively higher value exposure within the MSCI","page_number":3,"box":{"x":83,"y":287,"width":397,"height":10}},{"id":"4f0ef604-0161-4bd0-a4ff-29853b413f64","block_type":"box","text":"Europe Index while also seeking to avoid poor quality","page_number":3,"box":{"x":83,"y":302,"width":398,"height":10}},{"id":"53aef8e6-4cc6-456f-9a4b-2bee0d05ec9c","block_type":"box","text":"companies","page_number":3,"box":{"x":83,"y":316,"width":72,"height":10}},{"id":"570faf86-c641-4e63-8bfd-ec166fa21a7b","block_type":"box","text":", as measured by their fundamental accounting","page_number":3,"box":{"x":157,"y":316,"width":323,"height":10}},{"id":"050cf49c-a9a1-44a5-a8f0-1203c7d2054f","block_type":"box","text":"data including return on Equity, debt to equity and earnings","page_number":3,"box":{"x":83,"y":330,"width":397,"height":10}},{"id":"03ec755e-7544-4df6-84e5-76f48136ca60","block_type":"box","text":"variability","page_number":3,"box":{"x":82,"y":344,"width":63,"height":10}},{"id":"53dbc270-4940-4f1c-8ebb-0548ab088690","block_type":"box","text":".","page_number":3,"box":{"x":147,"y":351,"width":1,"height":1}},{"id":"4cf632ca-fe3f-4eb8-bcb7-d924da7578a9","block_type":"box","text":"Index constituents may on occasion be","page_number":3,"box":{"x":185,"y":344,"width":296,"height":10}},{"id":"08582b8e-bce2-4771-91c4-49f0940a536b","block_type":"box","text":"rebalanced more often than the Index Rebalance","page_number":3,"box":{"x":83,"y":358,"width":398,"height":8}},{"id":"89cfb9dc-9eeb-4a08-9cf5-28d8e0f2741a","block_type":"box","text":"Frequency, if required by the Index methodology, including","page_number":3,"box":{"x":83,"y":373,"width":397,"height":10}},{"id":"7a6e3eca-a7e0-4023-affe-498b3ce6c645","block_type":"box","text":"for example where corporate actions such as mergers or","page_number":3,"box":{"x":82,"y":387,"width":399,"height":10}},{"id":"b25e7ce4-35fe-4366-9ccf-6d6fc2ef915e","block_type":"box","text":"acquisitions affe","page_number":3,"box":{"x":83,"y":401,"width":107,"height":10}},{"id":"1624c01f-cb2f-4f30-aa66-28f756c9f0f7","block_type":"box","text":"ct components of the Index.","page_number":3,"box":{"x":191,"y":401,"width":184,"height":10}},{"id":"4882f9bc-b588-40f9-8ea6-380f8dee6cff","block_type":"box","text":"Although the Index is generally well diversified, because of","page_number":3,"box":{"x":82,"y":425,"width":400,"height":10}},{"id":"426ef209-c1b0-4a46-9e84-2abd0b940627","block_type":"box","text":"the market it reflects it may, depending on market conditions,","page_number":3,"box":{"x":82,"y":439,"width":398,"height":10}},{"id":"abca9318-569e-41a1-9e85-b7fa5e5c8798","block_type":"box","text":"contain constituents issued by the same body that may","page_number":3,"box":{"x":83,"y":453,"width":398,"height":10}},{"id":"4dcfb916-1dca-420c-858b-07c5e4f5fa90","block_type":"box","text":"represent more than 10% of the Index. In order for the Fund","page_number":3,"box":{"x":83,"y":468,"width":397,"height":10}},{"id":"0efc987b-7249-403e-8d84-e2e59185f2b3","block_type":"box","text":"to track the Index","page_number":3,"box":{"x":82,"y":482,"width":117,"height":8}},{"id":"cc1796fa-5d17-4fae-af70-79a5c61a4c2f","block_type":"box","text":"accurately, the Fund will make use of the","page_number":3,"box":{"x":205,"y":482,"width":276,"height":10}},{"id":"13da1999-50ac-4fe9-8f53-9a006d32f1fe","block_type":"box","text":"increased diversification limits available under Regulation 71","page_number":3,"box":{"x":83,"y":496,"width":395,"height":10}},{"id":"2bd17d3b-a078-45b2-8968-d6c4952599dd","block_type":"box","text":"of the UCITS Regulations. These limits permit the Fund to","page_number":3,"box":{"x":82,"y":510,"width":399,"height":10}},{"id":"dafe7eb5-6f06-47d9-9922-42fef0c09849","block_type":"box","text":"hold positions in individual constituents of the Index issued","page_number":3,"box":{"x":83,"y":525,"width":397,"height":10}},{"id":"04cbfea7-0357-494a-a87e-fe6cd779ac7c","block_type":"box","text":"by the same body of up to 20%","page_number":3,"box":{"x":83,"y":539,"width":224,"height":10}},{"id":"e40cdc1d-21ff-45a6-abd4-9d23da785b5d","block_type":"box","text":"of the Fund's Net Asset","page_number":3,"box":{"x":315,"y":539,"width":166,"height":8}},{"id":"ef2c9529-1720-4222-81a7-4875ab26b8b2","block_type":"box","text":"Value","page_number":3,"box":{"x":82,"y":553,"width":38,"height":8}},{"id":"54c94b63-00de-485f-8aca-c8c3d5d50a51","block_type":"box","text":".","page_number":3,"box":{"x":122,"y":560,"width":2,"height":1}},{"id":"706474d2-8265-4366-964b-273ee3dd6310","block_type":"box","text":"The","page_number":3,"box":{"x":82,"y":577,"width":26,"height":8}},{"id":"17ad7836-4d49-44d9-94c8-a73dd278aa32","block_type":"box","text":"Investment Manager","page_number":3,"box":{"x":115,"y":577,"width":138,"height":10}},{"id":"86584aea-b912-4d2d-abb2-b5a03276007b","block_type":"box","text":"and/or Sub","page_number":3,"box":{"x":258,"y":577,"width":75,"height":8}},{"id":"21b38bb6-b70f-4333-8a5a-530f60742a38","block_type":"box","text":"-","page_number":3,"box":{"x":334,"y":581,"width":4,"height":1}},{"id":"15564bb6-5750-4876-bd98-b1215c71d4cd","block_type":"box","text":"Investment Manager","page_number":3,"box":{"x":340,"y":577,"width":138,"height":10}},{"id":"c388aef6-5061-4d4c-96ac-caff3134bdb0","block_type":"box","text":",","page_number":3,"box":{"x":479,"y":584,"width":1,"height":2}},{"id":"f6778ab0-e683-46eb-9f7d-49f8ea10c7bd","block_type":"box","text":"on behalf of the Fund, will invest using the","page_number":3,"box":{"x":82,"y":591,"width":320,"height":10}},{"id":"307ae26f-b8df-4944-8cce-7bbb5167150e","block_type":"box","text":"replication","page_number":3,"box":{"x":414,"y":591,"width":67,"height":10}},{"id":"32dd1414-1b55-41c1-a1d7-d74a34de08ff","block_type":"box","text":"strategy as further described in the \"","page_number":3,"box":{"x":82,"y":605,"width":238,"height":10}},{"id":"2ec02c86-e441-4550-ac26-471b77e746ed","block_type":"box","text":"Investment Objectives","page_number":3,"box":{"x":323,"y":605,"width":158,"height":10}},{"id":"e5b8e891-bd4e-44ef-a838-b680ae5a829f","block_type":"box","text":"and Policies","page_number":3,"box":{"x":83,"y":620,"width":92,"height":7}},{"id":"4e5ce9e9-d4d6-4571-9776-f8e1429acf5b","block_type":"box","text":"–","page_number":3,"box":{"x":184,"y":624,"width":9,"height":1}},{"id":"a640cfce-ef59-44aa-9381-7dbd9f4d50e6","block_type":"box","text":"Index Tracking Funds","page_number":3,"box":{"x":203,"y":620,"width":164,"height":10}},{"id":"960c906a-9826-4510-94ee-ba42035ae050","block_type":"box","text":"\" section of the","page_number":3,"box":{"x":368,"y":620,"width":113,"height":7}},{"id":"02b8bf8e-0bb8-44cd-8c08-03c49b345bd0","block_type":"box","text":"Prospectus, primarily in the securities of the Index, at all","page_number":3,"box":{"x":83,"y":634,"width":397,"height":10}},{"id":"e8ab4c15-c592-44db-a15b-7776ca8dd505","block_type":"box","text":"times in accordance with the Investment Restrictions set","page_number":3,"box":{"x":82,"y":648,"width":399,"height":8}},{"id":"8f4404e2-8e7c-47ba-afc2-3822dff7a5e6","block_type":"box","text":"forth in the Prospectus. The Investment Manager","page_number":3,"box":{"x":82,"y":662,"width":350,"height":10}},{"id":"202feb9d-785a-437b-91b9-ade051b37efe","block_type":"box","text":"and/or","page_number":3,"box":{"x":439,"y":662,"width":43,"height":8}},{"id":"37628c02-7c04-43f1-97c1-ce4972e1ac18","block_type":"box","text":"Sub","page_number":3,"box":{"x":83,"y":676,"width":25,"height":8}},{"id":"33fac961-4409-44f0-845e-d360bea8c53d","block_type":"box","text":"-","page_number":3,"box":{"x":110,"y":681,"width":4,"height":1}},{"id":"8194facd-e82c-425c-8101-71f9124e4272","block_type":"box","text":"Investment Manager","page_number":3,"box":{"x":116,"y":677,"width":149,"height":9}},{"id":"8b3a1ee4-f609-4595-ad2c-1c6c0659d56f","block_type":"box","text":"also may, in exceptional","page_number":3,"box":{"x":282,"y":677,"width":198,"height":9}},{"id":"ea831872-cc10-41b5-a97a-a79b3ddb4b09","block_type":"box","text":"circumstances, invest in securities not included in the Index","page_number":3,"box":{"x":83,"y":691,"width":398,"height":9}},{"id":"e8e75742-2c4b-41f0-895e-f61abd09d688","block_type":"box","text":"but th","page_number":3,"box":{"x":83,"y":705,"width":38,"height":8}},{"id":"c656e0d3-95ce-475b-9df1-3c609cc83275","block_type":"box","text":"at it believes closely reflect the risk and distribution","page_number":3,"box":{"x":123,"y":705,"width":357,"height":10}},{"id":"b2fd25e2-1543-488e-888a-aa93be5dfc39","block_type":"box","text":"characteristics of securities of the Index. The","page_number":3,"box":{"x":83,"y":719,"width":345,"height":8}},{"id":"921e052b-f2c6-455c-b230-2051163dacc9","block_type":"box","text":"equity","page_number":3,"box":{"x":442,"y":719,"width":40,"height":10}},{"id":"a7047858-92a7-4f4c-b44f-087571410e11","block_type":"box","text":"securities in which the Fund invests will be primarily listed or","page_number":3,"box":{"x":82,"y":734,"width":399,"height":9}},{"id":"9257a2ff-669a-4fcc-b14e-056581e602d3","block_type":"box","text":"traded on","page_number":3,"box":{"x":82,"y":748,"width":63,"height":8}},{"id":"50f5d011-ba40-4034-bed6-a1f54717aa79","block_type":"box","text":"Recognised Markets in accordance with the limits","page_number":3,"box":{"x":152,"y":748,"width":329,"height":10}},{"id":"15e569d2-b5f5-4759-ad08-8e5321365f59","block_type":"box","text":"set out in the UCITS Regulations. Details of the Fund’s","page_number":3,"box":{"x":82,"y":762,"width":398,"height":10}},{"id":"90d6ed75-ec21-415f-9f0b-3033e29f1441","block_type":"box","text":"portfolio and the indicative net asset value per Share for the","page_number":3,"box":{"x":83,"y":776,"width":397,"height":10}},{"id":"ee3e7194-e11d-43be-9a2e-d91fd12394d4","block_type":"box","text":"Fund are available on the Website","page_number":3,"box":{"x":83,"y":791,"width":228,"height":8}},{"id":"e1d37aa9-31f7-4b4d-87c2-053e7605f5f0","block_type":"box","text":"daily","page_number":3,"box":{"x":317,"y":791,"width":30,"height":10}},{"id":"0a89295e-49ef-4779-90d6-afe59af71989","block_type":"box","text":".","page_number":3,"box":{"x":349,"y":797,"width":1,"height":1}},{"id":"7ad03e8d-ee44-46c9-b629-20826a7527fb","block_type":"box","text":"Permitted Investments","page_number":3,"box":{"x":83,"y":815,"width":206,"height":10}},{"id":"2bbc8b59-972b-4107-a4d8-ebe2e9cab662","block_type":"box","text":"Equities:","page_number":3,"box":{"x":83,"y":838,"width":62,"height":10}},{"id":"7cbcec25-33c0-49a9-a52b-a96be099c65a","block_type":"box","text":"The securities in which the Fund invests may","page_number":3,"box":{"x":154,"y":838,"width":327,"height":10}},{"id":"6e0d7b62-a4f8-42db-b2b7-c7ef24b6e9e8","block_type":"box","text":"include equities, or equity","page_number":3,"box":{"x":83,"y":852,"width":196,"height":10}},{"id":"1719cd7d-41d8-47b4-968b-2f04af2cfb97","block_type":"box","text":"-","page_number":3,"box":{"x":280,"y":856,"width":4,"height":1}},{"id":"2aab6419-d5ba-4675-9cc1-68225fa89b4e","block_type":"box","text":"related securities such as","page_number":3,"box":{"x":285,"y":852,"width":196,"height":8}},{"id":"9be21545-4d5b-44d2-acb5-f15680f01b4f","block_type":"box","text":"American Depositary Receipts (ADRs) or Global Depositary","page_number":3,"box":{"x":82,"y":866,"width":399,"height":10}},{"id":"1096dbf7-750c-4372-b57b-ef7f7f78c56e","block_type":"box","text":"Receipts (GDRs). ADRs and GDRs are typically used","page_number":3,"box":{"x":83,"y":880,"width":397,"height":10}},{"id":"5f8e3512-c0c6-43d7-b937-3bf7cc335dbf","block_type":"box","text":"instead of local shares, where owning the local","page_number":3,"box":{"x":83,"y":895,"width":343,"height":10}},{"id":"0b0fea56-faec-4096-a67d-694b4e47817f","block_type":"box","text":"shares","page_number":3,"box":{"x":437,"y":895,"width":44,"height":8}},{"id":"df465abe-b0f5-4bd4-b983-63784eb9597c","block_type":"box","text":"represented in the Index is not possible or prohibitively","page_number":3,"box":{"x":83,"y":909,"width":398,"height":10}},{"id":"b9fa476e-5741-4d4f-8088-d31fa3d33bd0","block_type":"box","text":"expensive.","page_number":3,"box":{"x":83,"y":923,"width":70,"height":10}},{"id":"55665737-2d7a-47fb-ab09-ee6247366cb8","block_type":"box","text":"Other Funds / Liquid Assets:","page_number":3,"box":{"x":518,"y":74,"width":209,"height":10}},{"id":"83b6cc0a-9c23-4647-9e90-1c13e2094e7d","block_type":"box","text":"The Fund may invest up to","page_number":3,"box":{"x":734,"y":74,"width":183,"height":10}},{"id":"96dd71ff-7e86-49be-bf01-07ca87b9790d","block_type":"box","text":"10% of its net assets in other regulated open","page_number":3,"box":{"x":519,"y":88,"width":307,"height":10}},{"id":"81f87154-7c7a-43d6-bde0-51dc2b900fbb","block_type":"box","text":"-","page_number":3,"box":{"x":828,"y":93,"width":4,"height":1}},{"id":"cf749986-fa50-49d9-97e9-54811561b356","block_type":"box","text":"ended funds","page_number":3,"box":{"x":833,"y":88,"width":84,"height":8}},{"id":"baba8109-eb37-4bac-8a94-ba71c36622f3","block_type":"box","text":"(including Money Market Funds)","page_number":3,"box":{"x":519,"y":102,"width":225,"height":10}},{"id":"ffb211e6-f8f1-432b-919e-bf5d2b35830b","block_type":"box","text":"where the objectives of","page_number":3,"box":{"x":752,"y":102,"width":166,"height":10}},{"id":"683408fe-12d7-4f76-9eca-2f4cff50b869","block_type":"box","text":"such funds are consistent with the objective of the Fund and","page_number":3,"box":{"x":518,"y":117,"width":398,"height":10}},{"id":"188901a4-556e-42f4-8de6-7f8b21ca4a3f","block_type":"box","text":"where such funds are authorised in member states of the","page_number":3,"box":{"x":518,"y":131,"width":398,"height":8}},{"id":"b42f4836-72f7-433c-88e5-92e17aa7f1ff","block_type":"box","text":"EEA, United Kingdom, USA, Jersey, Guernsey or the Isle of","page_number":3,"box":{"x":519,"y":145,"width":399,"height":10}},{"id":"85b94ffb-3059-4d64-902c-80a93b08562f","block_type":"box","text":"Man and where such funds comply in all material respects","page_number":3,"box":{"x":519,"y":159,"width":397,"height":10}},{"id":"afc109cc-94f1-4490-8534-e79b4f4e59bd","block_type":"box","text":"with the prov","page_number":3,"box":{"x":518,"y":174,"width":84,"height":9}},{"id":"a0003b3d-1233-4490-9602-0cf5e133ee89","block_type":"box","text":"isions of the UCITS Regulations","page_number":3,"box":{"x":603,"y":174,"width":210,"height":10}},{"id":"d7e4332f-bd3a-4520-8b3a-641f0c880647","block_type":"box","text":".","page_number":3,"box":{"x":815,"y":180,"width":2,"height":1}},{"id":"84bda39e-51f0-4bdc-bb89-6be8143641a6","block_type":"box","text":"The Fund may","page_number":3,"box":{"x":822,"y":174,"width":95,"height":10}},{"id":"e74160d9-646a-4d84-a1b2-7cbe4c12761f","block_type":"box","text":"hold ancillary liquid assets such","page_number":3,"box":{"x":519,"y":189,"width":255,"height":10}},{"id":"78c2dff4-d466-4f50-b19b-c4db2aceffdf","block_type":"box","text":"as deposits in","page_number":3,"box":{"x":792,"y":188,"width":124,"height":11}},{"id":"723bb239-b87d-4488-9b2e-2ab1b58aaddd","block_type":"box","text":"acco","page_number":3,"box":{"x":518,"y":206,"width":35,"height":7}},{"id":"3d68c679-584b-4bb4-aca1-464e9ad24b8c","block_type":"box","text":"rdance with the UCITS Regulations.","page_number":3,"box":{"x":554,"y":204,"width":265,"height":11}},{"id":"04db4f6c-34e4-43a9-b25a-f96a132e66dc","block_type":"box","text":"Derivatives:","page_number":3,"box":{"x":519,"y":229,"width":83,"height":8}},{"id":"3d4bc9e4-fd7c-41b4-bdd4-4ff48c983e53","block_type":"box","text":"The Fund may, for efficient portfolio","page_number":3,"box":{"x":620,"y":229,"width":296,"height":10}},{"id":"52240ac0-c0a5-4531-97a4-a963ba4e86b9","block_type":"box","text":"management purposes only, use financial derivative","page_number":3,"box":{"x":519,"y":243,"width":397,"height":10}},{"id":"c8c2e76c-7ae7-447b-a795-db3c54d0c225","block_type":"box","text":"instruments (“","page_number":3,"box":{"x":519,"y":257,"width":91,"height":10}},{"id":"9ba16dff-6141-47cb-9816-75b53987809d","block_type":"box","text":"FDIs","page_number":3,"box":{"x":612,"y":258,"width":31,"height":7}},{"id":"4e806698-1eb2-4c89-b687-ae434bafa8d0","block_type":"box","text":"”). Any use of FDIs by the Fund shall be","page_number":3,"box":{"x":645,"y":257,"width":271,"height":10}},{"id":"714049e7-30d8-4b01-be97-8748251cfb43","block_type":"box","text":"limited to futures and forward foreign exchange contracts","page_number":3,"box":{"x":519,"y":272,"width":397,"height":10}},{"id":"509c8aae-85e2-4b72-bfba-08dfeca1dfb5","block_type":"box","text":"(including non","page_number":3,"box":{"x":519,"y":286,"width":93,"height":10}},{"id":"d9fa4a2f-4f62-4cbd-b253-82c38eaccb24","block_type":"box","text":"-","page_number":3,"box":{"x":614,"y":290,"width":4,"height":1}},{"id":"c6c1d9f4-274a-449b-8c45-dba7975c3442","block_type":"box","text":"deliverable forwards) and warrants. Efficient","page_number":3,"box":{"x":619,"y":286,"width":298,"height":10}},{"id":"cf519521-4946-49b3-adf8-0867f7cba15a","block_type":"box","text":"portfolio management means investment decisions involving","page_number":3,"box":{"x":519,"y":300,"width":397,"height":10}},{"id":"532575da-2f9a-4639-98d4-2ae7bd1a31f7","block_type":"box","text":"transactions that are entered into for","page_number":3,"box":{"x":518,"y":314,"width":257,"height":8}},{"id":"edcda95d-6fa3-4847-a1c6-17335b6d0ef5","block_type":"box","text":"one or more of the","page_number":3,"box":{"x":783,"y":314,"width":134,"height":8}},{"id":"2f7b5926-d65c-4793-8503-e28813f859c3","block_type":"box","text":"following specific aims: the reduction of risk; the reduction of","page_number":3,"box":{"x":518,"y":329,"width":400,"height":10}},{"id":"8f1f7057-e6a7-42a2-892d-2d427a675cd0","block_type":"box","text":"cost; the generation of additional capital or incom","page_number":3,"box":{"x":518,"y":343,"width":339,"height":10}},{"id":"d7263acd-69f1-4539-920e-5b24a2b9432e","block_type":"box","text":"e for the","page_number":3,"box":{"x":859,"y":343,"width":58,"height":8}},{"id":"88fc5f80-6df5-4994-80e0-ad17fd402f5c","block_type":"box","text":"Fund with an appropriate level of risk, taking into account the","page_number":3,"box":{"x":519,"y":357,"width":397,"height":10}},{"id":"5e926231-0f67-404d-9fea-083bf6bd7211","block_type":"box","text":"risk profile of the Fund; or the minimisation of tracking error,","page_number":3,"box":{"x":519,"y":371,"width":396,"height":10}},{"id":"1c5dd52a-1cd9-4f42-a553-efb5294e647e","block_type":"box","text":"i.e. the risk that the Fund return varies from the Index return.","page_number":3,"box":{"x":519,"y":386,"width":397,"height":7}},{"id":"3a9156ef-00b0-4b1b-886d-b05dde9f57c3","block_type":"box","text":"FDIs are described in the \"","page_number":3,"box":{"x":519,"y":400,"width":197,"height":8}},{"id":"0893fe5f-8e1f-4fdd-a9a9-3930f2e6dfe7","block_type":"box","text":"Investment Objectives and","page_number":3,"box":{"x":718,"y":400,"width":198,"height":10}},{"id":"7f950c2a-ce9d-49d4-8610-1800b3dce1fe","block_type":"box","text":"Policies","page_number":3,"box":{"x":519,"y":414,"width":55,"height":8}},{"id":"d2d8582f-ecf6-4702-b274-24d3f2b7db8b","block_type":"box","text":"–","page_number":3,"box":{"x":585,"y":418,"width":9,"height":2}},{"id":"e1c9b941-7954-427c-9f30-3cd043b49704","block_type":"box","text":"Use of Financial Derivative Instruments","page_number":3,"box":{"x":605,"y":414,"width":306,"height":8}},{"id":"4c05acfb-373b-4274-9639-970a2ae0ecaf","block_type":"box","text":"\"","page_number":3,"box":{"x":913,"y":414,"width":4,"height":3}},{"id":"7922be85-7455-48b3-b4fb-6a1ef136c878","block_type":"box","text":"section of the Prospectus.","page_number":3,"box":{"x":518,"y":428,"width":173,"height":10}},{"id":"58b0340c-2f0b-40a5-a31c-dc3f2405ba0b","block_type":"box","text":"Securities Lending, Repurchase","page_number":3,"box":{"x":518,"y":453,"width":405,"height":13}},{"id":"34029139-0901-4afc-8d61-80404851cb5f","block_type":"box","text":"Agreements & Reverse Repurchase","page_number":3,"box":{"x":518,"y":472,"width":405,"height":13}},{"id":"68822a9b-bf0e-44f5-88cb-8466abce2db5","block_type":"box","text":"Agreements","page_number":3,"box":{"x":518,"y":491,"width":112,"height":13}},{"id":"4f59d572-9208-4a2e-9038-c9b3c2bb6d50","block_type":"box","text":"Investors should note that the Company may engage in","page_number":3,"box":{"x":519,"y":519,"width":397,"height":10}},{"id":"359fca19-0c28-410a-8b3b-ed728b3e8668","block_type":"box","text":"securities lending on behalf of the Fund where the","page_number":3,"box":{"x":518,"y":533,"width":398,"height":10}},{"id":"9af12651-6e2e-4077-8280-031024200fe4","block_type":"box","text":"Investment Manager and/or Sub","page_number":3,"box":{"x":519,"y":547,"width":244,"height":10}},{"id":"57b98f01-0714-4777-a2ce-21c9a37d2426","block_type":"box","text":"-","page_number":3,"box":{"x":765,"y":552,"width":4,"height":1}},{"id":"3047facb-8d9a-4d3e-9a97-b0604de56523","block_type":"box","text":"Investment Manager","page_number":3,"box":{"x":771,"y":547,"width":146,"height":10}},{"id":"42db51ae-0084-467f-9915-eb56b70cb4be","block_type":"box","text":"believes it is appropriate to do so and in accordance with the","page_number":3,"box":{"x":519,"y":561,"width":397,"height":10}},{"id":"a183d0fb-ac80-4fab-949d-0c7bbd4a7921","block_type":"box","text":"“Investment Objectives and Policies","page_number":3,"box":{"x":518,"y":575,"width":290,"height":11}},{"id":"4f7f72f8-053b-414e-9f3d-611d35eba9ba","block_type":"box","text":"-","page_number":3,"box":{"x":831,"y":580,"width":4,"height":1}},{"id":"2b2ba233-bb87-40bc-bbc2-ab79ecf34e0d","block_type":"box","text":"Us","page_number":3,"box":{"x":858,"y":576,"width":17,"height":7}},{"id":"29bcfefe-fdae-496a-aefc-1e572b5b773b","block_type":"box","text":"e of","page_number":3,"box":{"x":876,"y":576,"width":42,"height":7}},{"id":"cc5d44eb-ae00-4275-ace5-337e16072b2c","block_type":"box","text":"Repurchase/Reverse Repurchase Agreements/Securities","page_number":3,"box":{"x":519,"y":590,"width":397,"height":10}},{"id":"aaa3552b-650d-4fee-aa3d-f0d963f6be1e","block_type":"box","text":"Lending Agreements” section of the Prospectus. Investors","page_number":3,"box":{"x":519,"y":604,"width":397,"height":10}},{"id":"67b1089a-f0c2-44e2-9df9-3b7d4e614ef0","block_type":"box","text":"should read the risk warning headed “Securities Lending","page_number":3,"box":{"x":518,"y":618,"width":398,"height":10}},{"id":"cbe54aac-6f2b-4ef8-b26e-a5d542c9d209","block_type":"box","text":"Risk” in the “Risk Information” section of the Prospectus in","page_number":3,"box":{"x":519,"y":632,"width":397,"height":10}},{"id":"0363c6a8-d15a-48de-8d3d-0fc6a82daa01","block_type":"box","text":"this regard.","page_number":3,"box":{"x":518,"y":647,"width":77,"height":10}},{"id":"a7b095e0-b824-47fe-be24-a4832d2a2e65","block_type":"box","text":"The Fund’s","page_number":3,"box":{"x":609,"y":647,"width":77,"height":8}},{"id":"176b5e09-6bbb-4d18-a9f4-0c727226de9f","block_type":"box","text":"maximum exposure to securities","page_number":3,"box":{"x":694,"y":647,"width":222,"height":10}},{"id":"fdfe823e-660e-4384-a228-1e286ff3559f","block_type":"box","text":"lending as a percentage of its Net Asset Value will not","page_number":3,"box":{"x":519,"y":661,"width":398,"height":10}},{"id":"df5d0b52-a864-44db-bc08-df743fa30379","block_type":"box","text":"exceed 40%.","page_number":3,"box":{"x":518,"y":675,"width":88,"height":8}},{"id":"4734906a-8616-49f9-957f-74a2e97ac7e4","block_type":"box","text":"Lending levels will be influenced by market","page_number":3,"box":{"x":621,"y":675,"width":296,"height":10}},{"id":"0b91d67a-60cf-4972-89a0-2344cd02d28f","block_type":"box","text":"factors and, subject to the maximum referenced above,","page_number":3,"box":{"x":518,"y":689,"width":397,"height":10}},{"id":"6e4ed403-a657-4ac8-b4fc-0082a6123e9e","block_type":"box","text":"cannot be predicted with any certainty. Past lending figures","page_number":3,"box":{"x":518,"y":704,"width":398,"height":10}},{"id":"58517854-2eaf-423b-b812-613abd1a0dbd","block_type":"box","text":"are not a reliable indicator of future levels. The Fund does","page_number":3,"box":{"x":518,"y":718,"width":398,"height":8}},{"id":"311bba5a-c83a-48a4-a8ac-b91809fecf00","block_type":"box","text":"not intend to engage in repurcha","page_number":3,"box":{"x":519,"y":732,"width":222,"height":10}},{"id":"e5972c8e-e628-4539-98a6-f9c21b8bb421","block_type":"box","text":"se agreements or reverse","page_number":3,"box":{"x":742,"y":732,"width":174,"height":10}},{"id":"329619c8-cc2a-4a0b-8652-ea85d00fcd29","block_type":"box","text":"repurchase agreements.","page_number":3,"box":{"x":519,"y":747,"width":161,"height":9}},{"id":"57d3dd9b-9866-41c5-a0a3-86d26337976a","block_type":"box","text":"The Company has appointed State Street Bank and Trust","page_number":3,"box":{"x":518,"y":770,"width":399,"height":10}},{"id":"abad5e1e-d7b5-4f49-aaa9-5e99c0f92b60","block_type":"box","text":"Company, a bank incorporated under the laws of","page_number":3,"box":{"x":518,"y":784,"width":399,"height":10}},{"id":"fe2301ed-ed91-41db-bd60-e86ceaaaa04d","block_type":"box","text":"Massachusetts whose registered office is at","page_number":3,"box":{"x":519,"y":799,"width":295,"height":10}},{"id":"53d2f189-131e-40d3-a6da-ddcb249e6325","block_type":"box","text":"One Congress","page_number":3,"box":{"x":820,"y":799,"width":97,"height":10}},{"id":"d435bcd5-95c2-4c66-8aa2-2b643e0595ba","block_type":"box","text":"Street, Boston, Massachusetts, 02114","page_number":3,"box":{"x":518,"y":813,"width":266,"height":9}},{"id":"d25cc5c8-b889-4a1f-9205-6e32e54263b1","block_type":"box","text":"-","page_number":3,"box":{"x":786,"y":817,"width":4,"height":1}},{"id":"805367ee-be95-4cfd-9a0f-bbef1a5c4d8a","block_type":"box","text":"2016, U.S.A.","page_number":3,"box":{"x":791,"y":813,"width":87,"height":9}},{"id":"fc412525-c13c-466b-a09f-666b00a136ed","block_type":"box","text":", and","page_number":3,"box":{"x":881,"y":813,"width":35,"height":9}},{"id":"cd95db84-1ee8-413f-9bd4-f3121ec9f906","block_type":"box","text":"acting for the purposes of the securities lending agreement","page_number":3,"box":{"x":518,"y":827,"width":399,"height":10}},{"id":"19e855ed-99f2-4713-939b-f14106c7f070","block_type":"box","text":"through its London branch (Branch Registration No. in","page_number":3,"box":{"x":518,"y":841,"width":398,"height":10}},{"id":"25dc8bef-8c77-4224-8ccd-3821e45600e1","block_type":"box","text":"England BR002088) at 20 Churchill Place, London E14 5HJ,","page_number":3,"box":{"x":519,"y":855,"width":397,"height":10}},{"id":"68449bdb-1681-49fe-8eb5-c0be6919b89e","block_type":"box","text":"England as a securities lending agent to the Company","page_number":3,"box":{"x":519,"y":870,"width":398,"height":10}},{"id":"3c71a39d-2188-44fc-b370-7c3b414a50a2","block_type":"box","text":"pursuant to a securities l","page_number":3,"box":{"x":519,"y":884,"width":177,"height":10}},{"id":"b4eb3f47-813b-4e7d-8040-a4b04c4e51ac","block_type":"box","text":"ending agreement between the","page_number":3,"box":{"x":698,"y":884,"width":218,"height":10}},{"id":"2afc59b4-8247-43ad-87df-733368f578de","block_type":"box","text":"Company, State Stree","page_number":3,"box":{"x":518,"y":898,"width":152,"height":10}},{"id":"5d0d4003-70ad-4281-94f7-1d82ec685ea1","block_type":"box","text":"t Bank and Trust Company and the","page_number":3,"box":{"x":671,"y":898,"width":245,"height":10}},{"id":"6035ab66-6261-4fcc-b514-d19e9ddda7db","block_type":"box","text":"Depositary dated","page_number":3,"box":{"x":519,"y":913,"width":114,"height":9}},{"id":"df1ecd3a-3a67-4ad9-8394-2ef1338ae00a","block_type":"box","text":"27 October 2023","page_number":3,"box":{"x":642,"y":912,"width":116,"height":8}},{"id":"4bdde41f-8619-4325-9af6-b5f2f035ff58","block_type":"box","text":"(a “Securities Lending","page_number":3,"box":{"x":766,"y":912,"width":150,"height":10}},{"id":"d29966ed-73a4-494e-8afe-2523cdb4eee5","block_type":"box","text":"Agreement”). This Securities Lending Agreement appoints","page_number":3,"box":{"x":518,"y":927,"width":398,"height":10}},{"id":"a069cabc-fc1f-47e2-a59b-dbbb256e5cdc","block_type":"box","text":"State Street SPDR MSCI Europe Value UCITS ETF","page_number":4,"box":{"x":83,"y":22,"width":354,"height":10}},{"id":"9e874649-2cf2-4f19-8f25-85fa8c9fae3b","block_type":"box","text":"4","page_number":4,"box":{"x":909,"y":957,"width":8,"height":8}},{"id":"313e71f8-6d3b-4bb9-9859-6cf84c91b9f2","block_type":"box","text":"31579061.62","page_number":4,"box":{"x":316,"y":970,"width":96,"height":9}},{"id":"e2ef4d89-2215-4ad4-bd8f-85b80e629985","block_type":"box","text":"State Street Bank and Trust Company acting through its","page_number":4,"box":{"x":83,"y":74,"width":398,"height":10}},{"id":"fa48ee1a-6eab-4fda-9008-3723d1f9106f","block_type":"box","text":"London Branch to manage the Fund's securities lending","page_number":4,"box":{"x":83,"y":88,"width":397,"height":10}},{"id":"ea0a87df-ed59-449e-b9ff-9d0029be99dc","block_type":"box","text":"activities and provides for State Street Bank and Trust","page_number":4,"box":{"x":83,"y":102,"width":398,"height":10}},{"id":"b13bab20-9080-445c-8acb-0e622a72aff7","block_type":"box","text":"Company acting through its London Branch to receive a fee","page_number":4,"box":{"x":83,"y":117,"width":397,"height":10}},{"id":"d31a7e2d-4f5e-4b05-8d29-de5a1b9f0eab","block_type":"box","text":"at normal commercial rates to cov","page_number":4,"box":{"x":83,"y":131,"width":247,"height":8}},{"id":"63d263df-2d2e-4d87-8626-447560586236","block_type":"box","text":"er all fees and costs","page_number":4,"box":{"x":331,"y":131,"width":150,"height":8}},{"id":"33e0ce8c-aff9-4fc4-aa8d-5f4bc95aba7a","block_type":"box","text":"associated with the provision of this service. Any income","page_number":4,"box":{"x":83,"y":145,"width":397,"height":10}},{"id":"b5cb5de0-0196-4b64-80df-89b9f1846647","block_type":"box","text":"earned from securities lending, net of direct and indirect","page_number":4,"box":{"x":83,"y":159,"width":398,"height":10}},{"id":"e2a66f20-dd73-4014-b32c-20487e7b6ce2","block_type":"box","text":"operational costs (including the fee paid to State Street Bank","page_number":4,"box":{"x":82,"y":174,"width":399,"height":10}},{"id":"a45a0f92-11b2-4dfe-ab76-24c81adfe0ba","block_type":"box","text":"and Trust Company acting through its London Branch), w","page_number":4,"box":{"x":83,"y":188,"width":388,"height":10}},{"id":"b260cac7-50fe-44bb-a560-35cdfd49a43e","block_type":"box","text":"ill","page_number":4,"box":{"x":473,"y":188,"width":8,"height":8}},{"id":"9159fee5-82d5-4277-bc92-2fbda8679550","block_type":"box","text":"be returned to the Fund. Full financial details of any revenue","page_number":4,"box":{"x":83,"y":202,"width":398,"height":10}},{"id":"d41d3944-e272-4d39-9f4a-2159e77112d8","block_type":"box","text":"earned and direct and indirect operational costs and fees","page_number":4,"box":{"x":83,"y":216,"width":398,"height":10}},{"id":"da4efec8-87cf-40f9-9bd9-998787c737f6","block_type":"box","text":"incurred with respect to securities lending for the Fund,","page_number":4,"box":{"x":83,"y":231,"width":397,"height":10}},{"id":"efa1e8da-852e-4485-9271-a3f6f03ef4d8","block_type":"box","text":"including fees paid or payable to State Street Bank and Trust","page_number":4,"box":{"x":83,"y":245,"width":398,"height":10}},{"id":"4ba0074b-c5e6-42ec-bb44-892fa33e170e","block_type":"box","text":"Company a","page_number":4,"box":{"x":83,"y":259,"width":75,"height":10}},{"id":"1656c348-2335-4cd5-af7e-e185bb4249ae","block_type":"box","text":"cting through its London Branch, will be included","page_number":4,"box":{"x":160,"y":259,"width":320,"height":10}},{"id":"fd0c172c-ab6d-4f7e-a68f-08b04772d6fe","block_type":"box","text":"in the annual financial statements.","page_number":4,"box":{"x":83,"y":273,"width":226,"height":8}},{"id":"423918dc-2ef1-4e4c-85f9-c171d563603a","block_type":"box","text":"Please note that should the Directors elect to change the","page_number":4,"box":{"x":83,"y":297,"width":398,"height":10}},{"id":"4dc8f46d-4fe3-437e-b0b6-ac651332680e","block_type":"box","text":"Company’s securities lending policy in the future, due","page_number":4,"box":{"x":83,"y":309,"width":398,"height":10}},{"id":"39554302-dc90-44fd-9860-8956a55fd563","block_type":"box","text":"notification will be given to Shareholders and this","page_number":4,"box":{"x":83,"y":322,"width":398,"height":10}},{"id":"b13f5a5c-6a4a-4af4-92bd-b33e3a878862","block_type":"box","text":"Supplement will be updated accordingly.","page_number":4,"box":{"x":83,"y":334,"width":275,"height":10}},{"id":"bf213b02-902e-4ac1-9a68-0defdba965f1","block_type":"box","text":"Investment Risks","page_number":4,"box":{"x":83,"y":354,"width":158,"height":11}},{"id":"84288bf5-f8ff-4c97-97e0-41824038f2c2","block_type":"box","text":"Investment in the Fund carries with it a degree of risk.","page_number":4,"box":{"x":83,"y":377,"width":397,"height":10}},{"id":"e7a18a82-3a2f-431d-a791-d0f54d97b1b7","block_type":"box","text":"Investors should read the “","page_number":4,"box":{"x":83,"y":391,"width":178,"height":8}},{"id":"f7b045bc-5b3e-4743-92bb-9e31e2366309","block_type":"box","text":"Risk Information","page_number":4,"box":{"x":263,"y":391,"width":118,"height":8}},{"id":"34e8f2a6-75c7-46a0-a651-85015ed5db6d","block_type":"box","text":"” section of the","page_number":4,"box":{"x":382,"y":391,"width":99,"height":8}},{"id":"2de2bcc7-65a2-47fa-a53f-847ea717e8f9","block_type":"box","text":"Prospectus.","page_number":4,"box":{"x":83,"y":405,"width":78,"height":10}},{"id":"ca72d89b-a27c-44e0-a9af-9b92ee29b31c","block_type":"box","text":"In addition, t","page_number":4,"box":{"x":170,"y":405,"width":85,"height":10}},{"id":"c66a2e5b-f5a4-47f4-8cd4-88fb75f77dd8","block_type":"box","text":"he following risks","page_number":4,"box":{"x":256,"y":405,"width":117,"height":10}},{"id":"5027c813-1ab9-4a13-a7d7-add6af17a8d2","block_type":"box","text":"are particularly","page_number":4,"box":{"x":381,"y":405,"width":100,"height":10}},{"id":"1be3d551-75f3-4b26-9d6b-3781be7132d7","block_type":"box","text":"relevant for","page_number":4,"box":{"x":83,"y":420,"width":75,"height":7}},{"id":"a9f47821-cc82-4431-a6aa-2855ee744a06","block_type":"box","text":"the Fund","page_number":4,"box":{"x":162,"y":420,"width":59,"height":7}},{"id":"76eb543a-cb14-4922-b7c1-85d066f536f0","block_type":"box","text":".","page_number":4,"box":{"x":223,"y":426,"width":2,"height":1}},{"id":"8b78b3dc-f387-434c-8eef-f8926c2cfdb6","block_type":"box","text":"Index Tracking Risk:","page_number":4,"box":{"x":83,"y":443,"width":145,"height":10}},{"id":"75dd1bfc-5578-4f73-ace1-67f116633383","block_type":"box","text":"The Fund’s return may not match the","page_number":4,"box":{"x":234,"y":443,"width":247,"height":10}},{"id":"6eab73aa-7eda-4a3a-a222-9f816784bdc3","block_type":"box","text":"return of the Index. It is currently anticipated that the Fund","page_number":4,"box":{"x":83,"y":458,"width":397,"height":10}},{"id":"ed4a7873-3e04-4289-a76a-b89d1fe525c5","block_type":"box","text":"will track the Index with a potential variation of up to","page_number":4,"box":{"x":82,"y":472,"width":370,"height":10}},{"id":"f3bf77c2-ce5f-43ad-912a-ed167f943f5f","block_type":"box","text":"1","page_number":4,"box":{"x":461,"y":472,"width":4,"height":8}},{"id":"7767ca09-4aeb-4fa1-ac3f-6c5080d94603","block_type":"box","text":"%","page_number":4,"box":{"x":469,"y":472,"width":12,"height":8}},{"id":"88eaff4c-f553-4588-9320-97a4f3973dbe","block_type":"box","text":"annually under normal market conditions. The Fund’s ability","page_number":4,"box":{"x":83,"y":486,"width":398,"height":10}},{"id":"51b2423b-c15e-497e-aec2-f3629f9b63cb","block_type":"box","text":"to track the Index will be affected by Fund expenses, the","page_number":4,"box":{"x":82,"y":500,"width":398,"height":10}},{"id":"2b5f36fe-2298-4835-a00d-58d7cd4683c7","block_type":"box","text":"amount of cash and cash equivalents held in its portfolio, and","page_number":4,"box":{"x":83,"y":515,"width":397,"height":9}},{"id":"e9ac40af-35b1-4024-9ee6-efd9f1ceea3e","block_type":"box","text":"the frequency and the timing of purchases and sales of","page_number":4,"box":{"x":82,"y":529,"width":400,"height":10}},{"id":"082f3aaf-5355-464f-a2c2-de7b635d67be","block_type":"box","text":"interests in the F","page_number":4,"box":{"x":83,"y":543,"width":111,"height":8}},{"id":"d4b39cca-74e0-487c-a0b2-8edba65f1ec7","block_type":"box","text":"und. The","page_number":4,"box":{"x":196,"y":543,"width":59,"height":8}},{"id":"26fac038-03da-4184-9dd0-30eb8c1ce926","block_type":"box","text":"Investment Manager","page_number":4,"box":{"x":261,"y":543,"width":137,"height":10}},{"id":"133c3524-f089-4cb1-8e8e-ee5cffaf0c17","block_type":"box","text":"and/or Sub","page_number":4,"box":{"x":403,"y":543,"width":73,"height":8}},{"id":"1cd7f545-2abc-47d0-88f7-0f2220715f6d","block_type":"box","text":"Investment Manager","page_number":4,"box":{"x":83,"y":557,"width":141,"height":10}},{"id":"c7c7dc54-ddbc-46f3-8749-62c3d8346d3b","block_type":"box","text":"may attempt to replicate the Index","page_number":4,"box":{"x":234,"y":557,"width":247,"height":10}},{"id":"30ff6020-ce73-4f2d-aba3-007043abd02d","block_type":"box","text":"return by investing in a sub","page_number":4,"box":{"x":83,"y":572,"width":178,"height":9}},{"id":"8c4048e5-77a7-4ba2-b593-acd43ced6b13","block_type":"box","text":"-","page_number":4,"box":{"x":262,"y":576,"width":4,"height":1}},{"id":"52e907f9-1c96-4acb-9a1a-5bba8ef0a175","block_type":"box","text":"set of the securities in the Index,","page_number":4,"box":{"x":267,"y":571,"width":213,"height":10}},{"id":"55bfb33b-b70b-40de-9ff4-ddb0ea64df41","block_type":"box","text":"or in some securities not included in the Index, potentially","page_number":4,"box":{"x":82,"y":586,"width":399,"height":10}},{"id":"55b28a1d-f230-4679-a47d-447431fd0ed8","block_type":"box","text":"increasing the risk of divergence bet","page_number":4,"box":{"x":83,"y":600,"width":243,"height":10}},{"id":"1daef4a0-86e8-4b6b-a551-6c0deee07145","block_type":"box","text":"ween the Fund’s return","page_number":4,"box":{"x":326,"y":600,"width":154,"height":8}},{"id":"8effbf99-437f-4c2a-92b4-f7571a1e1b24","block_type":"box","text":"and that of the Index","page_number":4,"box":{"x":83,"y":614,"width":137,"height":8}},{"id":"bef4169a-bc0c-42a0-a9bb-3b731492d807","block_type":"box","text":".","page_number":4,"box":{"x":222,"y":621,"width":1,"height":1}},{"id":"bbadfd5d-e56b-47b7-83c2-1e89ebd85943","block_type":"box","text":"Liquidity Risk & ETF Liquidity Risk","page_number":4,"box":{"x":83,"y":638,"width":270,"height":10}},{"id":"794e07b7-5820-4679-b6ea-1cfe090231b0","block_type":"box","text":": Lack of a ready","page_number":4,"box":{"x":355,"y":638,"width":126,"height":10}},{"id":"b65f9f01-0257-4d29-940b-b2bdaf8f2257","block_type":"box","text":"market or restrictions on resale may limit the ability of the","page_number":4,"box":{"x":83,"y":652,"width":397,"height":10}},{"id":"62f701f0-429c-45f0-bbdc-b4062903efe3","block_type":"box","text":"Fund to sell a security at an advantageous time or price or","page_number":4,"box":{"x":83,"y":666,"width":398,"height":10}},{"id":"9e25f14c-b06e-4b26-b0b2-11825d52fb4e","block_type":"box","text":"at all. Illiquid securities may trade at a discount from","page_number":4,"box":{"x":83,"y":681,"width":397,"height":10}},{"id":"47eb29f8-207e-47b8-aad7-ae510041194a","block_type":"box","text":"comparable, more liquid investments and may be subject to","page_number":4,"box":{"x":83,"y":695,"width":397,"height":10}},{"id":"2d6371b3-f7e1-4a69-8414-0d46269158d1","block_type":"box","text":"w","page_number":4,"box":{"x":82,"y":711,"width":11,"height":6}},{"id":"8735f445-d973-4566-9775-4262802940a7","block_type":"box","text":"ide fluctuations in market value. Illiquidity of the Fund’s","page_number":4,"box":{"x":94,"y":709,"width":386,"height":10}},{"id":"1fc442ea-5024-4f3d-b952-3579317b68ae","block_type":"box","text":"holdings may limit the ability of the Fund to obtain cash to","page_number":4,"box":{"x":83,"y":723,"width":397,"height":10}},{"id":"34eb6536-5aec-47d4-b459-37fdcff2325d","block_type":"box","text":"meet redemptions on a timely basis. Where the fund invests","page_number":4,"box":{"x":83,"y":738,"width":397,"height":10}},{"id":"144b795e-4112-447a-bf0d-9e49ca1ad3fa","block_type":"box","text":"in illiquid securities or does not trade","page_number":4,"box":{"x":83,"y":752,"width":250,"height":10}},{"id":"93012874-16f4-447c-a66c-37b2e334ce27","block_type":"box","text":"in large volumes, the","page_number":4,"box":{"x":340,"y":752,"width":141,"height":10}},{"id":"0ad9e9ec-b049-4dc2-877f-7d45debd2b3e","block_type":"box","text":"bid offer spreads of the Fund may widen, the Fund may be","page_number":4,"box":{"x":83,"y":766,"width":397,"height":10}},{"id":"8fd4a08d-01f6-42dc-86ff-7c073f974206","block_type":"box","text":"exposed to increased valuation risk and reduced ability to","page_number":4,"box":{"x":83,"y":780,"width":397,"height":10}},{"id":"b7bd7b6e-5624-4088-a255-2238bfc8d4e0","block_type":"box","text":"trade. Shares in the Fund may also trade at prices that are","page_number":4,"box":{"x":82,"y":794,"width":398,"height":10}},{"id":"53405dcf-b612-4b3f-8717-61852c97f02b","block_type":"box","text":"materially different to the last available NAV.","page_number":4,"box":{"x":83,"y":809,"width":294,"height":10}},{"id":"27c6af73-5916-46ba-aca6-4d978d3a5418","block_type":"box","text":"Concentration Risk","page_number":4,"box":{"x":83,"y":833,"width":150,"height":7}},{"id":"10a81fc8-4721-4c11-856c-cdaab2dc55d4","block_type":"box","text":": When the Fund focuses its","page_number":4,"box":{"x":234,"y":833,"width":247,"height":7}},{"id":"ad423379-b5b2-44ed-acc1-02799de1ef2f","block_type":"box","text":"investments in a particular region, the financial, economic,","page_number":4,"box":{"x":83,"y":847,"width":397,"height":10}},{"id":"d79a4cf5-7f48-424f-b4ee-da4580731ff5","block_type":"box","text":"business, and other developments affecting issuers in that","page_number":4,"box":{"x":83,"y":861,"width":398,"height":10}},{"id":"5b94097d-74ef-4faa-b38f-d01cab2a7963","block_type":"box","text":"region will have a greater effect on the Fund than if it was","page_number":4,"box":{"x":83,"y":875,"width":398,"height":10}},{"id":"a72cfc7a-4a56-4b49-b6ec-9f15981e372e","block_type":"box","text":"more diversified. This concentration may also","page_number":4,"box":{"x":83,"y":889,"width":333,"height":10}},{"id":"2e94c233-9366-4ff9-a649-ff41c83c0c3f","block_type":"box","text":"limit the","page_number":4,"box":{"x":426,"y":890,"width":55,"height":7}},{"id":"4e83cf99-6418-4e6f-8e7c-60e21e1c1cf8","block_type":"box","text":"liquidity of the Fund. Investors may buy or sell substantial","page_number":4,"box":{"x":83,"y":904,"width":397,"height":10}},{"id":"5482d231-ffd0-4ce4-85cd-684257deb028","block_type":"box","text":"amounts of the Fund’s shares in response to factors","page_number":4,"box":{"x":83,"y":918,"width":398,"height":10}},{"id":"a5b5beb7-a2d0-451a-8260-d227ec8bd281","block_type":"box","text":"affecting or expected to affect a region in which the Fund","page_number":4,"box":{"x":518,"y":74,"width":398,"height":10}},{"id":"1ee51f19-95b7-445c-bc1f-9de3b96ac74f","block_type":"box","text":"focuses its investments.","page_number":4,"box":{"x":518,"y":88,"width":159,"height":8}},{"id":"78eab6ca-ab05-451c-9c61-d6ab5e2fbabe","block_type":"box","text":"Value","page_number":4,"box":{"x":518,"y":112,"width":40,"height":8}},{"id":"cb381056-6500-4b83-9f4b-2409bf4c9300","block_type":"box","text":"S","page_number":4,"box":{"x":565,"y":112,"width":9,"height":8}},{"id":"4e6aa1f1-0451-418f-9560-f67c3b9bff46","block_type":"box","text":"tocks","page_number":4,"box":{"x":575,"y":112,"width":38,"height":8}},{"id":"eeafc49a-c999-469f-a780-847053087a4f","block_type":"box","text":"R","page_number":4,"box":{"x":622,"y":112,"width":9,"height":8}},{"id":"5456d2a4-8528-432f-921b-7f4b59a9acd2","block_type":"box","text":"isk","page_number":4,"box":{"x":632,"y":112,"width":20,"height":8}},{"id":"b7e08324-3dc5-4c05-af88-68edc509209f","block_type":"box","text":":","page_number":4,"box":{"x":654,"y":114,"width":2,"height":6}},{"id":"a721c115-93b0-4483-b97c-22fde716e34e","block_type":"box","text":"Value stocks may decline in price or","page_number":4,"box":{"x":664,"y":112,"width":253,"height":10}},{"id":"cc82c4de-e539-4929-911f-cc6d188fb731","block_type":"box","text":"never reach their expected full","page_number":4,"box":{"x":519,"y":126,"width":206,"height":10}},{"id":"94e78ec1-37f3-4cda-b6d2-4a22a05e74c1","block_type":"box","text":"market value","page_number":4,"box":{"x":733,"y":126,"width":87,"height":8}},{"id":"a24b98e1-ff05-4591-af66-581744357f12","block_type":"box","text":". Value stocks","page_number":4,"box":{"x":822,"y":126,"width":95,"height":8}},{"id":"168c4f0b-acc2-4c4c-a9b1-04774f8d1ffd","block_type":"box","text":"may underperform stocks in other broad style categories","page_number":4,"box":{"x":519,"y":140,"width":397,"height":10}},{"id":"86da150a-64f1-4139-bba1-6904439cb2eb","block_type":"box","text":"(and the stock market as a whole) over any period of time","page_number":4,"box":{"x":519,"y":155,"width":397,"height":10}},{"id":"517bc910-fa22-4273-a9d3-423648a8bc1a","block_type":"box","text":"and may shift in and out of favour with investors generally,","page_number":4,"box":{"x":518,"y":169,"width":397,"height":10}},{"id":"485698bd-519b-45a5-9705-1576452f0575","block_type":"box","text":"sometimes rapidly, depending on changes in market,","page_number":4,"box":{"x":518,"y":183,"width":398,"height":10}},{"id":"93f935f6-dd0e-4509-b9ec-55e979d3c9c0","block_type":"box","text":"economic and ot","page_number":4,"box":{"x":518,"y":198,"width":115,"height":7}},{"id":"9c89cf95-15d0-4427-8ce1-710e64dc8f20","block_type":"box","text":"her factors. As a result, at times when a","page_number":4,"box":{"x":635,"y":197,"width":281,"height":10}},{"id":"e65d39fb-2212-414f-9eff-b4e2c5000bf6","block_type":"box","text":"Fund holds substantial investments in value stocks it may","page_number":4,"box":{"x":519,"y":212,"width":398,"height":10}},{"id":"bfaed753-ffb4-4a94-b6bc-915d01201657","block_type":"box","text":"underperform other investment portfolios that invest mor","page_number":4,"box":{"x":519,"y":226,"width":390,"height":10}},{"id":"3052d49a-d3a9-42e5-afe0-282d11316b9d","block_type":"box","text":"e","page_number":4,"box":{"x":909,"y":228,"width":8,"height":6}},{"id":"cd468c7b-6e38-4f12-9a46-e72b6292e656","block_type":"box","text":"broadly or that favour different investment styles.","page_number":4,"box":{"x":519,"y":240,"width":323,"height":10}},{"id":"61f7b902-4c93-4073-a8bc-1cd292fd8e26","block_type":"box","text":"Derivatives Risk:","page_number":4,"box":{"x":519,"y":264,"width":122,"height":8}},{"id":"69609ba4-5498-47c4-93d8-d7dbf77bbfc5","block_type":"box","text":"The Fund may use FDIs","page_number":4,"box":{"x":658,"y":264,"width":174,"height":10}},{"id":"2a3eb700-c4fc-46ce-8c12-6dc072f90164","block_type":"box","text":"for efficient","page_number":4,"box":{"x":840,"y":264,"width":77,"height":8}},{"id":"053d5ff8-0f0f-4c5d-a675-497d5c494007","block_type":"box","text":"portfolio management purposes as described in the","page_number":4,"box":{"x":519,"y":278,"width":397,"height":10}},{"id":"ade9b512-2bdc-462c-ae6a-654976a9eb0f","block_type":"box","text":"derivatives section under Permitted Investments above. The","page_number":4,"box":{"x":518,"y":292,"width":398,"height":8}},{"id":"346c8d06-fd76-4733-a946-61d18a895a4b","block_type":"box","text":"Fund’s use of FDIs involves risks different from, and possibly","page_number":4,"box":{"x":519,"y":306,"width":398,"height":10}},{"id":"60fd3e59-9d7c-4d0c-b08d-c1b215919858","block_type":"box","text":"greater than, the risks associated with investing directly in","page_number":4,"box":{"x":518,"y":321,"width":398,"height":10}},{"id":"5fe6aeaf-ef1c-4c19-af31-d15554269849","block_type":"box","text":"securit","page_number":4,"box":{"x":518,"y":335,"width":44,"height":8}},{"id":"5f7aed76-5a95-455d-9280-a673e6bb8a70","block_type":"box","text":"ies.","page_number":4,"box":{"x":564,"y":335,"width":21,"height":8}},{"id":"e35e0f10-7899-48fc-8932-eb514549e62e","block_type":"box","text":"Integrating Sustainability Risk:","page_number":4,"box":{"x":519,"y":359,"width":218,"height":10}},{"id":"19324fdf-b536-4aac-a610-757a10407a94","block_type":"box","text":"Sustainability Risk has not","page_number":4,"box":{"x":743,"y":359,"width":174,"height":10}},{"id":"9a6db0cb-2737-4e21-9abf-41472d287568","block_type":"box","text":"been integrated into the Fund’s investment process. Any","page_number":4,"box":{"x":519,"y":373,"width":398,"height":10}},{"id":"d391bf50-d785-49d1-87be-52aa50c3fc7d","block_type":"box","text":"deterioration in the financial profile of an underlying","page_number":4,"box":{"x":518,"y":387,"width":398,"height":10}},{"id":"034e768b-00a2-4d1e-b24f-77773f87f225","block_type":"box","text":"investment affected by a Sustainability Risk may have a","page_number":4,"box":{"x":519,"y":401,"width":397,"height":11}},{"id":"9888074f-ae4c-44b8-9016-d79c47e57a60","block_type":"box","text":"corresponding negative impact on the Net Asset Value","page_number":4,"box":{"x":518,"y":416,"width":398,"height":10}},{"id":"58d76beb-c827-4540-9aa4-807166f46906","block_type":"box","text":"and/or","page_number":4,"box":{"x":518,"y":430,"width":43,"height":8}},{"id":"d9e68792-25cc-4af4-a549-aa51bf368dba","block_type":"box","text":"performance of the investing Fund. Where a","page_number":4,"box":{"x":574,"y":430,"width":342,"height":10}},{"id":"811d91be-b455-45bd-90d2-fc4abb5b95ea","block_type":"box","text":"Sustainability Risk event occurs, this Fund may be more","page_number":4,"box":{"x":518,"y":444,"width":398,"height":10}},{"id":"1542b983-c609-423e-a06f-7c5be07b274f","block_type":"box","text":"impacted than an equivalent Fund that integrates","page_number":4,"box":{"x":519,"y":458,"width":397,"height":10}},{"id":"503f28aa-e2cf-4fd1-a78f-8a61b85efaf5","block_type":"box","text":"Sustainability Risk. Shareholders should refer to the “","page_number":4,"box":{"x":518,"y":472,"width":359,"height":11}},{"id":"69807082-9c86-4a4a-97d8-17b211adef01","block_type":"box","text":"Index","page_number":4,"box":{"x":879,"y":473,"width":38,"height":8}},{"id":"3bb6a6e5-ba7a-4583-9252-00b76141a170","block_type":"box","text":"Strategies and","page_number":4,"box":{"x":518,"y":487,"width":105,"height":10}},{"id":"4dd4ee08-ebed-44da-b2a6-d64fec4193ba","block_type":"box","text":"Sustainability Integration","page_number":4,"box":{"x":631,"y":487,"width":180,"height":10}},{"id":"0e270dd6-0007-446a-abef-c41147596f19","block_type":"box","text":"” section of the","page_number":4,"box":{"x":813,"y":487,"width":104,"height":8}},{"id":"fde27c27-fe86-4dea-a49f-a9a1cd00d5a6","block_type":"box","text":"Prospectus for further information.","page_number":4,"box":{"x":519,"y":501,"width":226,"height":10}},{"id":"1e3642d6-dc17-4bd7-84af-a4c0a87a37ce","block_type":"box","text":"Investor Profile","page_number":4,"box":{"x":519,"y":526,"width":139,"height":10}},{"id":"1d576292-419f-4fec-8532-cecabbce7ee7","block_type":"box","text":"The typical investors of the Fund are expected to be","page_number":4,"box":{"x":518,"y":548,"width":398,"height":10}},{"id":"3c23a257-99b1-4986-85cd-7a59d2ee33e0","block_type":"box","text":"institutional, intermediary and retail investors who want to","page_number":4,"box":{"x":519,"y":563,"width":397,"height":10}},{"id":"896decb9-4ae2-44e0-af85-5d58486883d5","block_type":"box","text":"take medium or long term exposure to the performance","page_number":4,"box":{"x":518,"y":577,"width":380,"height":10}},{"id":"60d757d7-d6d7-41a1-a838-c06bedd2bcfa","block_type":"box","text":"of","page_number":4,"box":{"x":905,"y":577,"width":13,"height":8}},{"id":"8c99cee9-f504-4ddc-9a80-9cee91b17621","block_type":"box","text":"European","page_number":4,"box":{"x":519,"y":591,"width":63,"height":10}},{"id":"10d79680-0974-497a-ae49-3e317777c1fe","block_type":"box","text":"companies","page_number":4,"box":{"x":590,"y":591,"width":71,"height":10}},{"id":"901f89ab-7871-4383-ba86-cd31075ba8cf","block_type":"box","text":"and are prepared to accept the risks","page_number":4,"box":{"x":668,"y":591,"width":248,"height":10}},{"id":"da5ffdf0-9452-49b6-85dd-6d8f6e946ea7","block_type":"box","text":"associated with an investment of this type and the expected","page_number":4,"box":{"x":518,"y":605,"width":398,"height":10}},{"id":"92b6d415-73b5-4d08-a270-508348eea129","block_type":"box","text":"high","page_number":4,"box":{"x":519,"y":620,"width":26,"height":10}},{"id":"68a92bbb-9513-4605-b5b7-0d64ed566f77","block_type":"box","text":"volatility of the Fund.","page_number":4,"box":{"x":551,"y":620,"width":137,"height":10}},{"id":"cee41410-2580-4f80-9808-0e69570f08e4","block_type":"box","text":"Subscriptions,","page_number":4,"box":{"x":518,"y":644,"width":133,"height":13}},{"id":"8299808f-eebd-477e-ae2c-a364689e3daa","block_type":"box","text":"Redemptions &","page_number":4,"box":{"x":718,"y":644,"width":205,"height":13}},{"id":"df6b096e-f2dd-49fd-a174-5f188fc8924d","block_type":"box","text":"Conversions","page_number":4,"box":{"x":519,"y":663,"width":116,"height":11}},{"id":"c23639ee-7f89-4528-ae63-7dde234487f7","block_type":"box","text":"Inve","page_number":4,"box":{"x":519,"y":691,"width":27,"height":8}},{"id":"d8071f2e-ac2f-4a0b-8364-361ba79f5ae7","block_type":"box","text":"stors may subscribe for or redeem Shares in the Fund","page_number":4,"box":{"x":547,"y":691,"width":369,"height":10}},{"id":"08efb0bb-5bd8-4bce-8f55-dbf522d37136","block_type":"box","text":"on each Dealing Day at the Dealing NAV with an appropriate","page_number":4,"box":{"x":518,"y":705,"width":398,"height":10}},{"id":"fb5c8ed2-f173-4716-8689-afb1621e94aa","block_type":"box","text":"provision for Duties and Charges and in accordance with the","page_number":4,"box":{"x":519,"y":719,"width":397,"height":10}},{"id":"a9b8f7d1-cb36-44f4-bf0c-1c18f4b737dd","block_type":"box","text":"provisions in the","page_number":4,"box":{"x":519,"y":734,"width":106,"height":9}},{"id":"26a24ca0-b636-416c-a553-89683b6ba9ec","block_type":"box","text":"“Purchase and Sale Information”","page_number":4,"box":{"x":631,"y":733,"width":233,"height":8}},{"id":"5b98b2d9-71ed-4432-b2a3-58c9684979a2","block_type":"box","text":"section","page_number":4,"box":{"x":870,"y":734,"width":46,"height":7}},{"id":"932efff4-f2ef-4c4b-ae20-4b6620d999cb","block_type":"box","text":"of the Prospectus.","page_number":4,"box":{"x":518,"y":748,"width":120,"height":10}},{"id":"cafb7b35-6dd1-4ea8-a9d1-4e2caebacd38","block_type":"box","text":"For subscriptions, consideration, in the form of cash must be","page_number":4,"box":{"x":519,"y":772,"width":397,"height":9}},{"id":"bb394e12-2380-4a28-aebb-2211e6906279","block_type":"box","text":"received by the Settlement Deadline. For redemptions, a","page_number":4,"box":{"x":519,"y":786,"width":397,"height":10}},{"id":"561023e0-31f9-416c-adb8-5c88aaf19ade","block_type":"box","text":"written redemption request signed by the Shareholder is","page_number":4,"box":{"x":518,"y":800,"width":398,"height":10}},{"id":"24d1902e-0c93-4213-9e1e-6211796dfbb2","block_type":"box","text":"required to be received by the Administrator by the Dealing","page_number":4,"box":{"x":519,"y":814,"width":397,"height":10}},{"id":"4ce7adc4-7569-4bd0-84a4-38cd30c67837","block_type":"box","text":"Deadline on the releva","page_number":4,"box":{"x":519,"y":829,"width":158,"height":7}},{"id":"7a6c2914-e642-4bed-b12d-db3a76a7edbe","block_type":"box","text":"nt Dealing Day.","page_number":4,"box":{"x":679,"y":829,"width":106,"height":9}},{"id":"46262d2c-ac7f-465f-9e57-79efcbab1581","block_type":"box","text":"In","page_number":4,"box":{"x":795,"y":829,"width":10,"height":7}},{"id":"026ab71a-38e9-4d59-b268-73f1458aa357","block_type":"box","text":"-","page_number":4,"box":{"x":807,"y":833,"width":4,"height":1}},{"id":"784e8199-ae46-4106-a588-ad2710d2dad0","block_type":"box","text":"kind dealing by","page_number":4,"box":{"x":812,"y":829,"width":105,"height":9}},{"id":"5ae1beb7-4285-46a4-9bcb-5aefbb7478f7","block_type":"box","text":"Shareholders is not permitted.","page_number":4,"box":{"x":518,"y":843,"width":200,"height":10}},{"id":"8fb52779-3c36-41a9-8f2c-33baba5d7c4c","block_type":"box","text":"Shareholders should refer to the terms of the","page_number":4,"box":{"x":518,"y":868,"width":316,"height":8}},{"id":"375b163e-3b37-4476-a64c-de874f01d769","block_type":"box","text":"“Purchase","page_number":4,"box":{"x":843,"y":868,"width":74,"height":8}},{"id":"84628b44-54f9-4e35-984b-193680a143f9","block_type":"box","text":"and Sale Information”","page_number":4,"box":{"x":518,"y":881,"width":169,"height":8}},{"id":"85fc77e3-9f69-45f2-b5e7-d2d13c466385","block_type":"box","text":"section of the Prospectus for","page_number":4,"box":{"x":700,"y":882,"width":217,"height":9}},{"id":"fdd15669-827e-41bf-b095-ba4239d76576","block_type":"box","text":"information on Share conversions.","page_number":4,"box":{"x":519,"y":895,"width":227,"height":8}},{"id":"d7e64db6-7858-4974-a3bb-8e7b2cdb80f6","block_type":"box","text":"State Street SPDR MSCI Europe Value UCITS ETF","page_number":5,"box":{"x":83,"y":44,"width":354,"height":10}},{"id":"f544aa99-3508-4fa7-8e76-12431d9a5f19","block_type":"box","text":"5","page_number":5,"box":{"x":910,"y":942,"width":7,"height":8}},{"id":"c9c5dfe2-c40d-4d50-93bf-40e0c41f5367","block_type":"box","text":"31579061.62","page_number":5,"box":{"x":315,"y":966,"width":95,"height":10}},{"id":"4127c772-c877-4a23-87de-f87617f36bea","block_type":"box","text":"THIS FUND IS NOT SPONSORED, ENDORSED, SOLD OR","page_number":5,"box":{"x":82,"y":95,"width":399,"height":9}},{"id":"6ba28792-4f3a-4123-8de6-f8b4ae30d9d6","block_type":"box","text":"PROMOTED BY MSCI INC. (“MSCI”), ANY OF ITS AFFILIATES,","page_number":5,"box":{"x":83,"y":108,"width":397,"height":9}},{"id":"207bd284-e22e-493c-b788-7454dc9e5a07","block_type":"box","text":"ANY OF ITS INFORMATION PROVIDERS OR ANY OTHER THIRD","page_number":5,"box":{"x":82,"y":121,"width":399,"height":7}},{"id":"6113b29d-7e28-40a5-960c-799950b998df","block_type":"box","text":"PARTY INVOLVED IN, OR RELATED TO, COMPILING,","page_number":5,"box":{"x":83,"y":134,"width":397,"height":8}},{"id":"9d263178-8e7e-49e1-82dd-67f167881122","block_type":"box","text":"COMPUTING OR CREATING ANY MSCI INDEX (COLLECTIVELY,","page_number":5,"box":{"x":83,"y":146,"width":397,"height":9}},{"id":"5f1eaf8b-50cf-4a5a-b85f-f2fc396c54e6","block_type":"box","text":"THE “M","page_number":5,"box":{"x":82,"y":159,"width":53,"height":7}},{"id":"dce82435-9aec-4fa9-a2d3-13af720e12f8","block_type":"box","text":"SCI PARTIES”). THE MSCI INDEXES ARE THE","page_number":5,"box":{"x":136,"y":159,"width":345,"height":9}},{"id":"b31df42f-8e04-4cb8-bc49-389c2ea74450","block_type":"box","text":"EXCLUSIVE PROPERTY OF MSCI. MSCI AND THE MSCI INDEX","page_number":5,"box":{"x":83,"y":171,"width":398,"height":7}},{"id":"a113075c-9141-4df3-bb5a-4f4e8c736c26","block_type":"box","text":"NAMES ARE SERVICE MARK(S) OF MSCI OR ITS AFFILIATES","page_number":5,"box":{"x":83,"y":184,"width":398,"height":9}},{"id":"0cab217a-4b0c-4d0b-a4d2-f85446eb2d4a","block_type":"box","text":"AND HAVE BEEN LICENSED FOR USE FOR CERTAIN","page_number":5,"box":{"x":82,"y":197,"width":398,"height":7}},{"id":"cfdb4c3f-453e-4f02-b0e3-714ca59311fe","block_type":"box","text":"PURPOSES BY STATE STREET GLOBAL ADVISORS. NONE OF","page_number":5,"box":{"x":83,"y":209,"width":398,"height":7}},{"id":"6c331712-9b70-4e19-8905-ffe8a1dd5676","block_type":"box","text":"THE MSCI PARTIES","page_number":5,"box":{"x":82,"y":222,"width":139,"height":7}},{"id":"7c161673-66f7-4f89-b71d-a4d2f5986f58","block_type":"box","text":"MAKES ANY REPRESENTATION OR","page_number":5,"box":{"x":233,"y":222,"width":248,"height":7}},{"id":"656dfe6c-84ac-4728-9548-c0e291c65487","block_type":"box","text":"WARRANTY, EXPRESS OR IMPLIED, TO THE ISSUER OR","page_number":5,"box":{"x":82,"y":235,"width":399,"height":8}},{"id":"4d7e55e3-2362-4057-92ff-12bd9e867245","block_type":"box","text":"OWNERS OF THIS FUND OR ANY OTHER PERSON OR ENTITY","page_number":5,"box":{"x":83,"y":247,"width":398,"height":7}},{"id":"92a95c37-480e-4aa0-8852-2c70940eeb8a","block_type":"box","text":"REGARDING THE ADVISABILITY OF INVESTING IN FUNDS","page_number":5,"box":{"x":83,"y":260,"width":398,"height":7}},{"id":"d9bd5a0f-c425-44f9-b9c5-ca223eacc602","block_type":"box","text":"GENERALLY OR IN THIS FUND PARTICULARLY OR THE","page_number":5,"box":{"x":83,"y":273,"width":398,"height":7}},{"id":"5ceb6abd-e6fe-4416-ac29-a5d49ac8335c","block_type":"box","text":"ABILITY OF ANY MSCI INDEX TO TRACK","page_number":5,"box":{"x":82,"y":285,"width":273,"height":7}},{"id":"2a625ead-e3a3-4659-98d5-df08202e9008","block_type":"box","text":"CORRESPONDING","page_number":5,"box":{"x":362,"y":285,"width":119,"height":7}},{"id":"48499825-a314-4472-9f86-48d3a690a8b7","block_type":"box","text":"STOCK MARKET PERFORMANCE. MSCI OR ITS AFFILIATES","page_number":5,"box":{"x":83,"y":298,"width":398,"height":7}},{"id":"a7075570-1780-4922-8a2e-ebf71a58c9aa","block_type":"box","text":"ARE THE LICENSORS OF CERTAIN TRADEMARKS, SERVICE","page_number":5,"box":{"x":82,"y":311,"width":398,"height":8}},{"id":"5d1da052-371b-4f34-b768-3672d57ea95b","block_type":"box","text":"MARKS AND TRADE NAMES AND OF THE MSCI INDEXES","page_number":5,"box":{"x":83,"y":323,"width":398,"height":7}},{"id":"dd3405ac-03b9-4531-8101-bea57adc2d2e","block_type":"box","text":"WHICH ARE DETERMINED, COMPOSED AND CALCULATED BY","page_number":5,"box":{"x":82,"y":336,"width":399,"height":8}},{"id":"e22a81e8-f47c-4333-85c7-85c77e58f900","block_type":"box","text":"MSCI WITHOUT REGARD TO THIS FUND OR THE ISSUER O","page_number":5,"box":{"x":83,"y":349,"width":388,"height":7}},{"id":"ba928d5a-0496-455f-8987-72e432246517","block_type":"box","text":"R","page_number":5,"box":{"x":473,"y":349,"width":9,"height":7}},{"id":"9b6b69d5-197d-4f7b-9bdd-4234a36f83d1","block_type":"box","text":"OWNERS OF THIS FUND OR ANY OTHER PERSON OR ENTITY.","page_number":5,"box":{"x":83,"y":361,"width":397,"height":7}},{"id":"ca9fb58b-0ca9-4b0d-817c-db8adde4e48d","block_type":"box","text":"NONE OF THE MSCI PARTIES HAS ANY OBLIGATION TO TAKE","page_number":5,"box":{"x":83,"y":374,"width":398,"height":7}},{"id":"ee2be8ef-beec-42c4-b327-9cc676a36145","block_type":"box","text":"THE NEEDS OF THE ISSUER OR OWNERS OF THIS FUND OR","page_number":5,"box":{"x":82,"y":387,"width":399,"height":7}},{"id":"5e3fd34b-465c-4ecb-a017-26e4a4ddb57e","block_type":"box","text":"ANY OTHER PERSON OR ENTITY INTO CONSIDERATION IN","page_number":5,"box":{"x":82,"y":399,"width":398,"height":7}},{"id":"8953c8c4-a755-48b3-ad54-e0c5a1dfbc54","block_type":"box","text":"DETERMINING, COMPOSING OR CALCULATING THE MSCI","page_number":5,"box":{"x":83,"y":412,"width":397,"height":8}},{"id":"d98843ff-2d33-4059-8b20-02d5c42c72d7","block_type":"box","text":"INDE","page_number":5,"box":{"x":83,"y":425,"width":30,"height":7}},{"id":"e3563f52-0eac-4d17-ade0-efc84be7e00c","block_type":"box","text":"XES. NONE OF THE MSCI PARTIES IS RESPONSIBLE","page_number":5,"box":{"x":114,"y":425,"width":367,"height":7}},{"id":"1957cf08-7a70-4b04-89c5-3ea0f6a0afa7","block_type":"box","text":"FOR OR HAS PARTICIPATED IN THE DETERMINATION OF THE","page_number":5,"box":{"x":83,"y":437,"width":398,"height":7}},{"id":"5123636f-4bae-49be-9a24-cae4453c918c","block_type":"box","text":"TIMING OF, PRICES AT, OR QUANTITIES OF THIS FUND TO BE","page_number":5,"box":{"x":82,"y":450,"width":399,"height":8}},{"id":"79ada933-8239-47c6-9f43-c7326af6666d","block_type":"box","text":"ISSUED OR IN THE DETERMINATION OR CALCULATION OF","page_number":5,"box":{"x":83,"y":462,"width":398,"height":8}},{"id":"f9d7a5fb-c0bd-4a2f-88a9-5cc9cf6344e2","block_type":"box","text":"THE EQUATION BY OR THE CONSIDERATION INTO WHICH","page_number":5,"box":{"x":82,"y":475,"width":398,"height":8}},{"id":"ad8ce508-d5b7-484d-b248-4b9448db6d99","block_type":"box","text":"THIS F","page_number":5,"box":{"x":82,"y":488,"width":42,"height":7}},{"id":"8d684b58-5b74-43b8-b9e8-44a9eeab96fe","block_type":"box","text":"UND IS REDEEMABLE. FURTHER, NONE OF THE MSCI","page_number":5,"box":{"x":126,"y":488,"width":354,"height":8}},{"id":"e1ffaaa9-1479-49f0-9e47-8b13b865ce61","block_type":"box","text":"PARTIES HAS ANY OBLIGATION OR LIABILITY TO THE ISSUER","page_number":5,"box":{"x":83,"y":501,"width":399,"height":7}},{"id":"7951c8f8-be15-4a2e-8a20-94cf30423f78","block_type":"box","text":"OR OWNERS OF THIS FUND OR ANY OTHER PERSON OR","page_number":5,"box":{"x":83,"y":513,"width":398,"height":7}},{"id":"79b5dda2-19cb-4d40-9519-0d1cb3213380","block_type":"box","text":"ENTITY IN CONNECTION WITH THE ADMINISTRATION,","page_number":5,"box":{"x":83,"y":526,"width":397,"height":8}},{"id":"997246b9-769d-4ce7-9a8f-0c3d762edd6d","block_type":"box","text":"MARKETING OR OFFERING OF THIS FUND.","page_number":5,"box":{"x":83,"y":538,"width":277,"height":8}},{"id":"d7e15f45-4512-4b80-9c14-63f596e6a7a0","block_type":"box","text":"ALTHOUGH MSCI SHALL OBTAIN INFORMATION FOR","page_number":5,"box":{"x":82,"y":561,"width":399,"height":7}},{"id":"a4cc675e-bfa1-466f-93c1-4cc3080df493","block_type":"box","text":"INCLUSION IN OR FOR USE IN THE CALCULATION OF THE","page_number":5,"box":{"x":83,"y":573,"width":398,"height":7}},{"id":"82f6f757-da65-4fa7-ad6e-d62c4963f980","block_type":"box","text":"MSCI INDEXES FROM SOURCES THAT MSCI CONSIDERS","page_number":5,"box":{"x":83,"y":586,"width":398,"height":7}},{"id":"5dc16db7-3eec-470e-b28b-73a010c40ea3","block_type":"box","text":"RELIABLE, NONE OF THE MSCI PARTIES WARRANTS OR","page_number":5,"box":{"x":83,"y":599,"width":398,"height":8}},{"id":"1487eeb7-8500-40cd-97be-7a94f059937a","block_type":"box","text":"GUARANTEES THE ORIGINALITY, ACCURACY AND/OR THE","page_number":5,"box":{"x":83,"y":611,"width":398,"height":9}},{"id":"5c396389-9d1b-4973-bd5c-c84ee71e00c9","block_type":"box","text":"COMPLETENESS OF ANY MS","page_number":5,"box":{"x":83,"y":624,"width":211,"height":7}},{"id":"f49bb1d8-9538-4edf-9520-37d9204befe7","block_type":"box","text":"CI INDEX OR ANY DATA","page_number":5,"box":{"x":296,"y":624,"width":185,"height":7}},{"id":"06edb65c-64cc-4ed1-9779-d2bbb8c5ab93","block_type":"box","text":"INCLUDED THEREIN. NONE OF THE MSCI PARTIES MAKES","page_number":5,"box":{"x":83,"y":636,"width":398,"height":8}},{"id":"4606184e-2b0d-46dc-8af6-317532c894fb","block_type":"box","text":"ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO","page_number":5,"box":{"x":82,"y":649,"width":399,"height":8}},{"id":"b48eb3ea-ac07-42ab-9060-af0fa79b1683","block_type":"box","text":"BE OBTAINED BY THE ISSUER OF THE FUND, OWNERS OF","page_number":5,"box":{"x":83,"y":662,"width":398,"height":8}},{"id":"43486d5d-f496-40c5-aa34-b04413a0370b","block_type":"box","text":"THE FUND, OR ANY OTHER PERSON OR ENTITY, FROM THE","page_number":5,"box":{"x":518,"y":95,"width":398,"height":9}},{"id":"c42e7f62-1534-488a-8982-20c00e9ca81c","block_type":"box","text":"USE OF ANY MSCI INDEX OR ANY DATA I","page_number":5,"box":{"x":519,"y":108,"width":265,"height":7}},{"id":"4a020a6a-bc07-4c4e-9f5b-18835bf75c49","block_type":"box","text":"NCLUDED THEREIN.","page_number":5,"box":{"x":787,"y":108,"width":129,"height":7}},{"id":"0eefb13b-0c40-4693-8a09-3cc5d73ed6c1","block_type":"box","text":"NONE OF THE MSCI PARTIES SHALL HAVE ANY LIABILITY FOR","page_number":5,"box":{"x":519,"y":121,"width":398,"height":7}},{"id":"a627d773-b7ee-4cea-ba02-40dafa571738","block_type":"box","text":"ANY ERRORS, OMISSIONS OR INTERRUPTIONS OF OR IN","page_number":5,"box":{"x":518,"y":134,"width":398,"height":8}},{"id":"3782ca64-7b10-443d-a30e-295cb6a6fc13","block_type":"box","text":"CONNECTION WITH ANY MSCI INDEX OR ANY DATA","page_number":5,"box":{"x":518,"y":146,"width":399,"height":7}},{"id":"04c1980d-bfdc-4014-8f88-0346c55b06f9","block_type":"box","text":"INCLUDED THEREIN. FURTHER, NONE OF THE MSCI PARTIES","page_number":5,"box":{"x":519,"y":159,"width":397,"height":8}},{"id":"d1c14c9c-da5f-4db9-b288-e1ed98b30bad","block_type":"box","text":"MAKES ANY EXPRESS OR IMPLIED WARRANTIES O","page_number":5,"box":{"x":519,"y":171,"width":355,"height":7}},{"id":"fd0c10e1-753e-4f88-8a95-8c9e60622b7b","block_type":"box","text":"F ANY","page_number":5,"box":{"x":875,"y":172,"width":42,"height":6}},{"id":"b9dc272b-71a4-41fc-a108-f02ac103811f","block_type":"box","text":"KIND, AND THE MSCI","page_number":5,"box":{"x":519,"y":184,"width":163,"height":8}},{"id":"9e625fd0-5741-4e44-ab16-13309655e724","block_type":"box","text":"PARTIES","page_number":5,"box":{"x":698,"y":184,"width":56,"height":7}},{"id":"907d85cd-5799-43b8-a0f4-f5bde5ac2458","block_type":"box","text":"HEREBY EXPRESSLY","page_number":5,"box":{"x":770,"y":184,"width":147,"height":7}},{"id":"217d748a-8740-4b55-9f17-5c9c5c19f593","block_type":"box","text":"DISCLAIM ALL WARRANTIES OF MERCHANTABILITY AND","page_number":5,"box":{"x":519,"y":197,"width":397,"height":7}},{"id":"4d07da09-e19e-4888-bceb-2859ec13fc90","block_type":"box","text":"FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO","page_number":5,"box":{"x":519,"y":209,"width":398,"height":9}},{"id":"cf3e8042-b6b7-409d-b523-0a428835d9d1","block_type":"box","text":"EACH MSCI INDEX AND ANY DATA INCLUDED THEREIN.","page_number":5,"box":{"x":519,"y":222,"width":397,"height":7}},{"id":"edd3b1ec-941c-42eb-999d-636dcc7a197c","block_type":"box","text":"WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT","page_number":5,"box":{"x":518,"y":235,"width":399,"height":8}},{"id":"e505592d-5411-4eed-944b-26d8d2d04a38","block_type":"box","text":"SHALL ANY","page_number":5,"box":{"x":518,"y":247,"width":74,"height":7}},{"id":"50f046d3-3a51-4fb3-9d42-0b69f142fc2e","block_type":"box","text":"OF THE MSCI PARTIES HAVE ANY LIABILITY FOR","page_number":5,"box":{"x":597,"y":247,"width":320,"height":7}},{"id":"e6cd3b5a-e648-4a24-a5e8-a5e8002dd51d","block_type":"box","text":"ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE,","page_number":5,"box":{"x":518,"y":260,"width":398,"height":8}},{"id":"e3d2a401-e03b-4ee4-a399-c57b2250680d","block_type":"box","text":"CONSEQUENTIAL OR ANY OTHER DAMAGES (INCLUDING","page_number":5,"box":{"x":518,"y":273,"width":399,"height":9}},{"id":"02137202-4d77-4fa0-afd9-3be162acfacd","block_type":"box","text":"LOST PROFITS) EVEN IF NOTIFIED OF THE POSSIBILITY OF","page_number":5,"box":{"x":519,"y":285,"width":398,"height":9}},{"id":"29ac70db-e934-4e8c-97cb-b1fc1db5f2e6","block_type":"box","text":"SUCH DAMAGES.","page_number":5,"box":{"x":518,"y":298,"width":111,"height":7}},{"id":"96f097e5-f2b8-4e67-a51d-632915301a27","block_type":"box","text":"As of the date of the Supplement, the Fund uses (within the meaning","page_number":5,"box":{"x":518,"y":321,"width":398,"height":9}},{"id":"8c892197-23b1-4f10-97e4-4bab545d691e","block_type":"box","text":"of the Benchmark Regulation) the fol","page_number":5,"box":{"x":518,"y":334,"width":259,"height":9}},{"id":"28ba0168-45e1-4682-af43-fd7553e16111","block_type":"box","text":"lowing MSCI Limited","page_number":5,"box":{"x":779,"y":334,"width":138,"height":9}},{"id":"68508efb-57d6-4a26-9811-378feebc01cf","block_type":"box","text":"benchmark:","page_number":5,"box":{"x":519,"y":346,"width":68,"height":7}},{"id":"bd04e2a1-8cb8-4ece-9329-9ef0b9f3799b","block_type":"box","text":"MSCI Europe Value Exposure Select Index","page_number":5,"box":{"x":519,"y":369,"width":256,"height":9}},{"id":"a39791f7-2655-46f4-97a2-8d32e502a8e0","block_type":"box","text":"As of the date of the Supplement, no MSCI Limited entity is listed on","page_number":5,"box":{"x":518,"y":392,"width":398,"height":9}},{"id":"c44af102-326d-4829-8eeb-501872542b41","block_type":"box","text":"the ESMA Register referred to in Article 36 of the Benchmark","page_number":5,"box":{"x":518,"y":404,"width":399,"height":9}},{"id":"acb739f7-3670-448d-bd97-7f6a62ea042e","block_type":"box","text":"Regulation. MSCI Limited is and remains authorized as a UK","page_number":5,"box":{"x":519,"y":416,"width":398,"height":9}},{"id":"61c31cb5-9802-4867-adb8-19548bf79971","block_type":"box","text":"benchmark administrator regulated by the UK Fina","page_number":5,"box":{"x":519,"y":429,"width":314,"height":8}},{"id":"2f0b2c0b-aeee-4b3f-bbcb-f2c5cdd46104","block_type":"box","text":"n","page_number":5,"box":{"x":834,"y":430,"width":6,"height":5}},{"id":"47249f2e-ed36-4ad9-8970-c473f4b4ce2b","block_type":"box","text":"cial Conduct","page_number":5,"box":{"x":841,"y":428,"width":76,"height":7}},{"id":"ce469f5c-f830-4e22-a24e-14fea37c2100","block_type":"box","text":"Authority (\"FCA\") (and can be found on the FCA","page_number":5,"box":{"x":518,"y":441,"width":286,"height":9}},{"id":"3be4ebb9-db87-4069-8314-b56f74e035ab","block_type":"box","text":"Financial Services","page_number":5,"box":{"x":809,"y":441,"width":108,"height":7}},{"id":"fb7394b1-5e94-4093-81c1-ead5b98b7ff0","block_type":"box","text":"Register), but will be considered a “third country” UK administrator","page_number":5,"box":{"x":519,"y":453,"width":398,"height":9}},{"id":"f9e7d371-b0c9-49c3-a31a-590d02400f8e","block_type":"box","text":"vis","page_number":5,"box":{"x":518,"y":465,"width":16,"height":7}},{"id":"188b7929-a63e-48fe-8cd1-6c476e718792","block_type":"box","text":"-","page_number":5,"box":{"x":535,"y":469,"width":3,"height":1}},{"id":"6bf9584b-56cf-4989-a2bb-02cfd8df1819","block_type":"box","text":"a","page_number":5,"box":{"x":539,"y":467,"width":7,"height":5}},{"id":"cbc3c8b7-d249-402b-9743-d51636d5738d","block_type":"box","text":"-","page_number":5,"box":{"x":547,"y":469,"width":3,"height":1}},{"id":"bd387ef9-a9cf-4909-a21a-cdde63eeaf42","block_type":"box","text":"vis the EU and will not appear on the ESMA Register per","page_number":5,"box":{"x":551,"y":465,"width":366,"height":9}},{"id":"180a3196-8000-4b48-892d-33c6307c0e68","block_type":"box","text":"Article 36 of the Benchmark Regulation unless and until the EU","page_number":5,"box":{"x":518,"y":477,"width":398,"height":9}},{"id":"ac379d78-8bbe-4348-aee0-fa4c924b2f63","block_type":"box","text":"grants the UK “equivalence” or until MSCI","page_number":5,"box":{"x":518,"y":490,"width":245,"height":9}},{"id":"66b9b8ba-4801-49eb-9479-94fb074b2400","block_type":"box","text":"is granted “endorsement”","page_number":5,"box":{"x":769,"y":490,"width":148,"height":9}},{"id":"2e000b60-ef25-4983-9310-139a2aa3b792","block_type":"box","text":"or “recognition”.","page_number":5,"box":{"x":518,"y":502,"width":93,"height":9}},{"id":"8d816050-bb85-4464-a196-1fe253398755","block_type":"box","text":"\"SPDR®\" is a registered trademark of Standard & Poor's Financial","page_number":5,"box":{"x":518,"y":521,"width":398,"height":9}},{"id":"81d050dc-54ad-4bd0-a4fa-9ae9b2eca4e4","block_type":"box","text":"Services LLC (\"S&P\") and has been licensed for use by State Street","page_number":5,"box":{"x":518,"y":534,"width":399,"height":9}},{"id":"d3f5d35d-41d4-412d-bc00-226c6d6b0971","block_type":"box","text":"Corporation. No financial product offered by State Street","page_number":5,"box":{"x":518,"y":547,"width":399,"height":9}},{"id":"ffae302d-8b24-4bf9-98bd-1cbc10e6cebd","block_type":"box","text":"Corporation or its affiliates is sponsored, endorsed, sold or","page_number":5,"box":{"x":518,"y":559,"width":399,"height":9}},{"id":"0fa51a4a-f1d8-4d16-836d-5044ee451eac","block_type":"box","text":"prom","page_number":5,"box":{"x":519,"y":574,"width":29,"height":7}},{"id":"399fa999-86e9-463f-b0d2-8c9ca078843b","block_type":"box","text":"oted by S&P or its affiliates, and S&P and its affiliates make no","page_number":5,"box":{"x":549,"y":572,"width":368,"height":9}},{"id":"d793f923-35f2-4377-9c36-c08c3f262783","block_type":"box","text":"representation, warranty or condition regarding the advisability of","page_number":5,"box":{"x":519,"y":585,"width":398,"height":9}},{"id":"185ca52b-3195-4162-b9e2-a2f30b9f06be","block_type":"box","text":"buying, selling or holding units/shares in such products. Standard &","page_number":5,"box":{"x":519,"y":597,"width":398,"height":9}},{"id":"70bc8c88-0ff7-4671-96cd-cfafe5b0c838","block_type":"box","text":"Poor's®, S&P®, SPDR®, S&P 500® are registered tradema","page_number":5,"box":{"x":519,"y":610,"width":363,"height":9}},{"id":"be19a853-efce-4e7c-855b-6ed6db2435aa","block_type":"box","text":"rks of","page_number":5,"box":{"x":884,"y":610,"width":34,"height":7}},{"id":"0ef21639-6cb0-4851-89a8-6faf8a6ffdb3","block_type":"box","text":"Standard & Poor's Financial Services LLC and have been licensed","page_number":5,"box":{"x":518,"y":623,"width":398,"height":7}},{"id":"ae6357e0-cf07-47fd-8c77-c6aeafa0bfa2","block_type":"box","text":"for use by State Street Corporation.","page_number":5,"box":{"x":518,"y":635,"width":210,"height":9}}],"unit":"per_mille","page_width":594,"page_height":842,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":5}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"cd33faf6-4885-4fd3-babb-84f1f5fced2b"},"user_id":1000002,"date_created":"2026-10-05T21:02:06.315000Z","date_modified":"2026-10-05T21:02:06.315000Z","private":false}