{"annotation_id":"1041cd43-c668-42f7-9a4b-49ef624e43e9","file_hash":"6e38e25b045aaf0c213861b038f80479aafdf83137502dcb0400a86faebd4ef8","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"b058f8b6-d078-44ee-b19f-3181d81d9261","block_type":"box","text":"1","page_number":1,"box":{"x":786,"y":935,"width":5,"height":7}},{"id":"90b270ee-8a4d-40fb-8c91-613eb09eedb8","block_type":"box","text":"SSGA SPDR ETFs Europe I Plc","page_number":1,"box":{"x":92,"y":173,"width":300,"height":13}},{"id":"bcd7d4f9-a384-49f4-b2bc-95a7ef138e72","block_type":"box","text":"19 February 2026","page_number":1,"box":{"x":93,"y":189,"width":163,"height":13}},{"id":"a13c89a1-565c-4fc8-b467-7a46c380c8bb","block_type":"box","text":"State Street SPDR Bloomberg","page_number":1,"box":{"x":84,"y":211,"width":678,"height":32}},{"id":"d8e0bb72-321f-4000-9f45-d0ed0405f6d2","block_type":"box","text":"U.S. High Yield Corporate","page_number":1,"box":{"x":85,"y":250,"width":582,"height":31}},{"id":"430aee86-c3dc-4e97-83ee-962a71ad24c5","block_type":"box","text":"Scored UCITS ETF","page_number":1,"box":{"x":84,"y":288,"width":413,"height":25}},{"id":"8c5777d4-6294-42e4-8f95-549223e33b36","block_type":"box","text":"Suppleme","page_number":1,"box":{"x":84,"y":333,"width":98,"height":13}},{"id":"b913a032-f45d-4fb2-a615-4752ecc871d8","block_type":"box","text":"n","page_number":1,"box":{"x":184,"y":336,"width":9,"height":7}},{"id":"61127295-81cb-4ec1-81ff-83ace09ca106","block_type":"box","text":"t No. 37","page_number":1,"box":{"x":197,"y":333,"width":84,"height":11}},{"id":"74855800-f09e-4b20-a740-e23fee0be50b","block_type":"box","text":"(A sub-fund of SSGA SPDR ETFs Europe I plc (the “Company”) an open-ended investment","page_number":1,"box":{"x":83,"y":358,"width":710,"height":11}},{"id":"a003c6f8-8e6b-4850-87d5-95bac6411902","block_type":"box","text":"company constituted as an umbrella fund with segregated liability between sub-funds authorised","page_number":1,"box":{"x":83,"y":373,"width":709,"height":12}},{"id":"fe722787-4f90-4b60-8e79-d83f8a3bc564","block_type":"box","text":"by the Central Bank of Ireland pursuant to the UCITS Regulations).","page_number":1,"box":{"x":83,"y":389,"width":495,"height":11}},{"id":"909a24f8-160d-4651-ba8a-0d86df824c3f","block_type":"box","text":"This Supplement (the “Supplement”) forms part of the Prospectus dated 19 February 2026","page_number":1,"box":{"x":82,"y":419,"width":711,"height":12}},{"id":"8cb47859-2dfc-46d0-9e78-d049c03028db","block_type":"box","text":"as amended from time to time (the “Prospectus”) in relation to the Company. This","page_number":1,"box":{"x":82,"y":435,"width":711,"height":11}},{"id":"815d88be-e260-45d3-83fc-4b1bc114bf41","block_type":"box","text":"Supplement should be read together with the Prospectus and Packaged Retail and","page_number":1,"box":{"x":83,"y":450,"width":709,"height":12}},{"id":"b80aea61-b23a-4e3d-a763-fd39226dcdba","block_type":"box","text":"Insurance-based Investment Product document (“PRIIPs KID”) or Key Investor","page_number":1,"box":{"x":83,"y":466,"width":710,"height":11}},{"id":"683efffd-2cf2-494a-8703-01eb5ce500ff","block_type":"box","text":"Information Document (“KIID”).","page_number":1,"box":{"x":83,"y":481,"width":254,"height":11}},{"id":"cc84269e-66b7-4272-be24-758d40209de8","block_type":"box","text":"It contains information relating to the State Street SPDR","page_number":1,"box":{"x":355,"y":481,"width":437,"height":12}},{"id":"549adfe6-a8c3-408d-906d-e3deaaf94cfd","block_type":"box","text":"Bloomberg U.S. High Yield Corporate Scored UCITS ETF (the “Fund”), which is represented by","page_number":1,"box":{"x":83,"y":497,"width":710,"height":11}},{"id":"8d33367a-eba9-49c2-bd72-5e2504a8a3f2","block_type":"box","text":"the State Street SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF series of","page_number":1,"box":{"x":82,"y":512,"width":711,"height":11}},{"id":"7aea2d76-8c52-4959-a5a1-b8f27abf12b5","block_type":"box","text":"shares in the Company (the “Shares”).","page_number":1,"box":{"x":82,"y":528,"width":284,"height":11}},{"id":"cd904eaf-cea7-4971-be63-c1517bdb0017","block_type":"box","text":"All Shares in this Fund have been designated as ETF Shares. Unless otherwise defined herein","page_number":1,"box":{"x":82,"y":558,"width":710,"height":12}},{"id":"cb8cfc4f-2d38-4e1b-af1c-e9f2d0ca7e6b","block_type":"box","text":"or unless the context otherwise requires, all defined terms used in this Supplement shall bear the","page_number":1,"box":{"x":83,"y":574,"width":710,"height":11}},{"id":"5e3602be-1be5-4c47-aaa2-cd2005c76487","block_type":"box","text":"same meaning as in the Prospectus.","page_number":1,"box":{"x":82,"y":589,"width":270,"height":11}},{"id":"4393b16c-440c-4965-956f-443aef633c6a","block_type":"box","text":"Prospective investors should review the entire Supplement, the Prospectus and PRIIPs KID or","page_number":1,"box":{"x":83,"y":620,"width":710,"height":11}},{"id":"b1df4610-26d5-49be-bbef-c1daf0f7d0fb","block_type":"box","text":"KIID carefully. If you have any questions, you should consult your stockbroker or financial adviser.","page_number":1,"box":{"x":83,"y":636,"width":709,"height":11}},{"id":"b297d5a2-c4f8-4250-81c1-b45c93a13ae4","block_type":"box","text":"Potential investors should consider the risk factors set out in the Prospectus and in this","page_number":1,"box":{"x":83,"y":651,"width":709,"height":11}},{"id":"afad7ae3-ebbe-42ee-884f-a10bfa942a22","block_type":"box","text":"Supplement before investing in this Fund. The Company and the Directors listed in the","page_number":1,"box":{"x":83,"y":666,"width":710,"height":12}},{"id":"1e215639-ff0a-4fdd-bed3-1f40acc894c7","block_type":"box","text":"“Management” section of the Prospectus, accept responsibility for the information contained in","page_number":1,"box":{"x":83,"y":682,"width":709,"height":11}},{"id":"511128a5-5119-42b1-a66f-96cca4c86cf4","block_type":"box","text":"this Supplement.","page_number":1,"box":{"x":82,"y":697,"width":123,"height":11}},{"id":"dba7a8e7-a4f1-4b18-8cac-690511f4fa1f","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF","page_number":2,"box":{"x":83,"y":44,"width":539,"height":11}},{"id":"99fcf7f3-77ed-40fd-8d84-23d79a32e3c8","block_type":"box","text":"2","page_number":2,"box":{"x":909,"y":934,"width":7,"height":7}},{"id":"ee09ba5a-ebef-4a5a-b0b8-bcb55a5f11ea","block_type":"box","text":"Fund Characteristics","page_number":2,"box":{"x":87,"y":101,"width":165,"height":9}},{"id":"2744dd0b-5ccc-4458-8387-0700814f678e","block_type":"box","text":"Base Currency","page_number":2,"box":{"x":87,"y":120,"width":99,"height":10}},{"id":"1cb80147-de79-4a29-8a85-7ab05f5175a1","block_type":"box","text":"USD","page_number":2,"box":{"x":329,"y":120,"width":30,"height":8}},{"id":"e81e3b14-0907-47f1-9b54-9b8b7ff4c50c","block_type":"box","text":"Investment Manager","page_number":2,"box":{"x":87,"y":139,"width":137,"height":10}},{"id":"b1950024-8bb7-48ad-a515-e763cf4792bb","block_type":"box","text":"State Street Global Advisors Europe Limited.","page_number":2,"box":{"x":329,"y":139,"width":298,"height":10}},{"id":"7a62b04f-8151-48eb-9800-ec4fa48953fc","block_type":"box","text":"Sub-Investment Manager(s)","page_number":2,"box":{"x":86,"y":158,"width":186,"height":10}},{"id":"dc9f956b-8657-42bc-9b85-f65ae948bde6","block_type":"box","text":"State Street Global Advisors Trust Company.","page_number":2,"box":{"x":329,"y":158,"width":300,"height":10}},{"id":"506a8065-aa21-4987-b5e9-a862ac3a97c6","block_type":"box","text":"Dividend Policy","page_number":2,"box":{"x":87,"y":201,"width":102,"height":10}},{"id":"8b350ead-9a39-4899-aa3f-ef1e9bd4d798","block_type":"box","text":"For distributing share classes, semi-","page_number":2,"box":{"x":329,"y":176,"width":241,"height":10}},{"id":"7ddeafdc-5b65-4b53-90ff-d2d946fb8879","block_type":"box","text":"annual distribution of income (in or around January","page_number":2,"box":{"x":572,"y":176,"width":341,"height":10}},{"id":"c61a5307-de56-4215-b493-2e11b7f1b6d1","block_type":"box","text":"and July), except where the Management Company in its sole discretion, determines","page_number":2,"box":{"x":328,"y":189,"width":560,"height":10}},{"id":"345cbd63-5f3d-4038-8d52-219747b71785","block_type":"box","text":"not","page_number":2,"box":{"x":893,"y":189,"width":20,"height":8}},{"id":"20fe8677-4b84-4caa-8b0b-ade1a2b1a888","block_type":"box","text":"to pay a dividend on any given distribution date. For accumulating share classes, all","page_number":2,"box":{"x":328,"y":201,"width":584,"height":10}},{"id":"c91bacef-4448-496b-ad50-485c981b01b9","block_type":"box","text":"income and gains will be accumulated in the Net Asset Value per Share.","page_number":2,"box":{"x":329,"y":213,"width":481,"height":10}},{"id":"2cddb4e7-8e21-4013-849a-f01f8e97da59","block_type":"box","text":"Distributing / accumulating status indicated in Share class information overleaf","page_number":2,"box":{"x":329,"y":225,"width":522,"height":11}},{"id":"0cc01b32-3661-4a62-9903-6e2d0da3b225","block_type":"box","text":"SFDR Fund Classification","page_number":2,"box":{"x":86,"y":243,"width":172,"height":9}},{"id":"37c453b3-d46b-4382-a5b4-7f88425bab31","block_type":"box","text":"Article 8 Fund, Sustainability Risk integrated by the Index","page_number":2,"box":{"x":328,"y":243,"width":382,"height":11}},{"id":"70ec3a33-fd29-4482-bba5-5f9205261da2","block_type":"box","text":"Dealing Information","page_number":2,"box":{"x":87,"y":273,"width":155,"height":11}},{"id":"2160033e-c24b-4525-8e68-dd6a51223b85","block_type":"box","text":"Dealing Deadline","page_number":2,"box":{"x":87,"y":347,"width":113,"height":10}},{"id":"3b33f2eb-afba-4d3a-8e8e-368e3e20f162","block_type":"box","text":"For unhedged share classes cash subscriptions and redemptions: 4.45","page_number":2,"box":{"x":329,"y":292,"width":474,"height":10}},{"id":"c33fae97-5ae4-413e-8128-9aa79aff49ce","block_type":"box","text":"p.m. (Irish time)","page_number":2,"box":{"x":809,"y":292,"width":103,"height":10}},{"id":"b4350bbe-c8f8-4e6d-9061-903dbb6d27b2","block_type":"box","text":"on each Dealing Day.","page_number":2,"box":{"x":328,"y":304,"width":143,"height":10}},{"id":"37649ab8-d48f-4c97-8e77-fe372af1e4c5","block_type":"box","text":"For unhedged share classes in kind subscriptions and redemptions: 4.45 p.m. (Irish time)","page_number":2,"box":{"x":329,"y":316,"width":583,"height":10}},{"id":"3711314f-97bb-4fe6-b3fa-e7fd0433024f","block_type":"box","text":"on each Dealing Day.","page_number":2,"box":{"x":328,"y":328,"width":143,"height":10}},{"id":"aa143527-3e9c-447a-bfe2-008a2382d5f0","block_type":"box","text":"For hedged share classes cash and in-kind subscriptions and redemptions: 2.00p.m.","page_number":2,"box":{"x":329,"y":341,"width":563,"height":10}},{"id":"b6f4f7a1-2400-4ded-80c5-950e0b6786bf","block_type":"box","text":"(Irish time) on each Dealing Day.","page_number":2,"box":{"x":329,"y":353,"width":218,"height":10}},{"id":"1dbe6a06-5d4f-41c9-8543-b77bd79bc38b","block_type":"box","text":"For all subscriptions and redemptions on the last Dealing Day prior to 25 December and","page_number":2,"box":{"x":329,"y":365,"width":583,"height":10}},{"id":"34cd4a99-d2f5-4b2c-a4af-25a1ed34d227","block_type":"box","text":"1 January each year: 11.00 a.m. (Irish time).","page_number":2,"box":{"x":329,"y":377,"width":292,"height":11}},{"id":"5ccf387f-5e81-40dc-967a-f08e16704fd1","block_type":"box","text":"Earlier or later times may be determined by","page_number":2,"box":{"x":628,"y":378,"width":285,"height":10}},{"id":"9272a647-f3e4-4e65-9fb3-8919a4862a2c","block_type":"box","text":"the Management Company at its","page_number":2,"box":{"x":328,"y":390,"width":243,"height":10}},{"id":"40653778-82b3-47a0-9f9e-89414d3b4b7a","block_type":"box","text":"discretion with prior notice to the Authorised","page_number":2,"box":{"x":583,"y":390,"width":329,"height":10}},{"id":"c195023e-f440-48a5-af34-13fe5bcaa90f","block_type":"box","text":"Participants.","page_number":2,"box":{"x":329,"y":402,"width":81,"height":10}},{"id":"9175025d-79e1-4b24-9704-e9e0b77b679e","block_type":"box","text":"Settlement Deadline","page_number":2,"box":{"x":86,"y":451,"width":135,"height":8}},{"id":"d722d0bf-2ff2-4dd6-8d1e-451987947532","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":328,"y":420,"width":585,"height":10}},{"id":"fa7bfa09-c676-46c8-8d8a-a5e9c30bae59","block_type":"box","text":"or later date as may be determined by or agreed with the Management Company","page_number":2,"box":{"x":328,"y":432,"width":550,"height":11}},{"id":"5951a450-fe7b-4195-86ca-a9445c2c64ba","block_type":"box","text":". The","page_number":2,"box":{"x":879,"y":432,"width":34,"height":8}},{"id":"11b59baa-c104-4e78-a5e1-903e63e92540","block_type":"box","text":"Management Company","page_number":2,"box":{"x":329,"y":445,"width":159,"height":10}},{"id":"bd4e141a-1213-4a54-8d97-172fed8cd297","block_type":"box","text":"/Company will notify Shareholders if, (i) an earlier Settlement","page_number":2,"box":{"x":488,"y":445,"width":425,"height":10}},{"id":"3231b10a-7402-438a-8e35-29792006fe3f","block_type":"box","text":"Deadline applies in respect of subscriptions, or (ii) a later Settlement Deadline applies in","page_number":2,"box":{"x":329,"y":457,"width":583,"height":10}},{"id":"2a1a3de5-a05e-4eb1-945b-f7612273ac37","block_type":"box","text":"respect of redemptions. Settlement may be impacted by the settlement schedule of the","page_number":2,"box":{"x":329,"y":469,"width":584,"height":10}},{"id":"c28a2e3a-bec1-47ba-a80a-eb74a16b9dee","block_type":"box","text":"underlying markets.","page_number":2,"box":{"x":329,"y":482,"width":130,"height":10}},{"id":"e1008805-e13c-41e8-9cb2-737e9f3c2075","block_type":"box","text":"Dealing NAV","page_number":2,"box":{"x":87,"y":506,"width":85,"height":10}},{"id":"78431dc1-ded0-4193-bf44-2389d70ef9f1","block_type":"box","text":"The Net Asset Value per Share calculated as at the Valuation Point on the relevant","page_number":2,"box":{"x":328,"y":500,"width":585,"height":10}},{"id":"4c6e34e7-2e86-4a2a-b9f7-e2e7f907e526","block_type":"box","text":"Dealing Day.","page_number":2,"box":{"x":329,"y":512,"width":84,"height":10}},{"id":"71dd6b29-7138-4758-916f-e228d01cc66c","block_type":"box","text":"Minimum Subscription and","page_number":2,"box":{"x":87,"y":556,"width":180,"height":11}},{"id":"fac4b54d-709e-48ae-aefb-f84528b637d8","block_type":"box","text":"Redemption Amount","page_number":2,"box":{"x":87,"y":569,"width":136,"height":10}},{"id":"bf8448fb-7ad9-4119-99d4-5c2c1ffceccc","block_type":"box","text":"Authorised Participants should refer to the Authorised","page_number":2,"box":{"x":328,"y":557,"width":361,"height":10}},{"id":"91c68924-dfbd-4693-ae49-f3ea48986544","block_type":"box","text":"Participant Operating Guidelines","page_number":2,"box":{"x":696,"y":556,"width":217,"height":11}},{"id":"bc5104cd-a10b-45c4-99d1-2d123b234c00","block_type":"box","text":"for details of the current minimum subscription and redemption amounts for the Fund.","page_number":2,"box":{"x":328,"y":569,"width":570,"height":10}},{"id":"7daab0d3-6f79-414c-b032-f00ea7dd00ef","block_type":"box","text":"Index Information","page_number":2,"box":{"x":87,"y":598,"width":138,"height":9}},{"id":"93d18439-eb36-4b05-9bd3-47373dc27c81","block_type":"box","text":"Index (Ticker)","page_number":2,"box":{"x":87,"y":623,"width":90,"height":10}},{"id":"f84cf9a5-00e4-4a15-8356-cca8e38260c9","block_type":"box","text":"Bloomberg SASB Scored US Corporate High Yield Ex-Controversies Select Index","page_number":2,"box":{"x":329,"y":617,"width":584,"height":10}},{"id":"271a3282-cf13-48e9-8b7a-5207d868dbab","block_type":"box","text":"(I36569US)","page_number":2,"box":{"x":329,"y":629,"width":75,"height":10}},{"id":"834c673a-01ec-4972-9e95-559cb6539c7e","block_type":"box","text":"Index Rebalance Frequency","page_number":2,"box":{"x":87,"y":648,"width":188,"height":10}},{"id":"ea4615ac-535a-44b3-8d6a-23d02bda147e","block_type":"box","text":"Monthly.","page_number":2,"box":{"x":329,"y":648,"width":55,"height":10}},{"id":"f0344aa3-4e10-459a-8782-ab888ea2d4cd","block_type":"box","text":"Additional Index Information","page_number":2,"box":{"x":86,"y":674,"width":186,"height":8}},{"id":"0c4ff501-5aa8-4341-a03a-f9c5a8ac437f","block_type":"box","text":"Further details of the Index and its performance can be found at:","page_number":2,"box":{"x":329,"y":668,"width":428,"height":10}},{"id":"681e8705-a0a9-4b95-9277-5f38066b7076","block_type":"box","text":"https://www.bloomberg.com/professional/product/indices/","page_number":2,"box":{"x":329,"y":680,"width":382,"height":10}},{"id":"5073e183-23b1-4705-9328-a4ab7b4dbce8","block_type":"box","text":"Valuation Information","page_number":2,"box":{"x":86,"y":711,"width":171,"height":9}},{"id":"30c4c336-9eaf-4d8a-a3d1-be645fd31b9b","block_type":"box","text":"Valuation","page_number":2,"box":{"x":86,"y":737,"width":62,"height":7}},{"id":"d64cfacf-29d4-43db-996f-7b385b1ecdeb","block_type":"box","text":"The Net Asset Value per Share is calculated in accordance with the","page_number":2,"box":{"x":328,"y":730,"width":452,"height":10}},{"id":"70d2cbf5-4631-4c67-b98a-ff5c7a18524b","block_type":"box","text":"“Determination of","page_number":2,"box":{"x":786,"y":730,"width":127,"height":8}},{"id":"31f83b99-7205-4fee-9809-d91f20e7e7d4","block_type":"box","text":"Net Asset Value”","page_number":2,"box":{"x":329,"y":743,"width":120,"height":8}},{"id":"1cc2ab44-fd28-4b7d-871d-097231921388","block_type":"box","text":"section of the Prospectus.","page_number":2,"box":{"x":455,"y":743,"width":172,"height":10}},{"id":"78aa47c5-3487-44b2-b0dd-a9218440fb69","block_type":"box","text":"Valuation Pricing Used","page_number":2,"box":{"x":86,"y":761,"width":152,"height":10}},{"id":"549b9c26-3043-4495-af72-84103af472a4","block_type":"box","text":"Closing bid prices.","page_number":2,"box":{"x":329,"y":761,"width":121,"height":10}},{"id":"6d0fb0c6-7e70-489b-9400-8d803e947caa","block_type":"box","text":"Valuation Point","page_number":2,"box":{"x":86,"y":779,"width":101,"height":7}},{"id":"4f9945a7-7818-4cc7-8ffa-9c1c5ae319c5","block_type":"box","text":"10.15 p.m. (Irish time) on each Business Day.","page_number":2,"box":{"x":329,"y":779,"width":304,"height":10}},{"id":"7a0aa04d-96a1-4ba7-bd9d-36b9ceb4f347","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF","page_number":3,"box":{"x":83,"y":44,"width":543,"height":11}},{"id":"2a57f331-c494-4084-a9d1-7257f271dd46","block_type":"box","text":"Share Classes","page_number":3,"box":{"x":83,"y":103,"width":113,"height":9}},{"id":"11e804f5-6db3-4a7a-bc2a-d57b4b0940a3","block_type":"box","text":"Share Class Type","page_number":3,"box":{"x":92,"y":129,"width":125,"height":10}},{"id":"2a9e6418-ab67-4c48-bf9b-b477c6b218f1","block_type":"box","text":"USD unhedged","page_number":3,"box":{"x":252,"y":129,"width":107,"height":10}},{"id":"ea4efc4e-357b-4176-99fe-94b36af27c10","block_type":"box","text":"EUR hedged","page_number":3,"box":{"x":411,"y":129,"width":88,"height":10}},{"id":"b5d9cf9d-4b3e-45b8-9bd2-85513b833f9f","block_type":"box","text":"GBP hedged","page_number":3,"box":{"x":560,"y":129,"width":89,"height":10}},{"id":"9e0885a5-1fb8-411f-afab-820f082abeda","block_type":"box","text":"CHF hedged","page_number":3,"box":{"x":711,"y":129,"width":87,"height":10}},{"id":"1659f126-e757-4b3a-977a-8fcae87ef3e2","block_type":"box","text":"Name","page_number":3,"box":{"x":92,"y":181,"width":40,"height":8}},{"id":"60da652c-3227-4ed1-b297-c8648b073f54","block_type":"box","text":"State Street SPDR","page_number":3,"box":{"x":243,"y":156,"width":125,"height":8}},{"id":"acd53634-2292-4350-94bf-b48bd704c35d","block_type":"box","text":"Bloomberg U.S.","page_number":3,"box":{"x":251,"y":168,"width":108,"height":11}},{"id":"e893f51e-9758-4f4f-9da7-24c3f7d76bae","block_type":"box","text":"High Yield","page_number":3,"box":{"x":272,"y":181,"width":67,"height":10}},{"id":"d633c035-eb67-4da0-bb92-8133a355fccc","block_type":"box","text":"Corporate Scored","page_number":3,"box":{"x":246,"y":193,"width":118,"height":10}},{"id":"12d1e28c-747f-4467-8e66-224f76fded85","block_type":"box","text":"UCITS ETF","page_number":3,"box":{"x":267,"y":205,"width":77,"height":8}},{"id":"8692b337-6988-45a2-9886-37251846812e","block_type":"box","text":"State Street SPDR","page_number":3,"box":{"x":392,"y":150,"width":125,"height":8}},{"id":"ca65f009-149a-4a7c-9eb9-3b8aef64f858","block_type":"box","text":"Bloomberg U.S.","page_number":3,"box":{"x":402,"y":162,"width":105,"height":11}},{"id":"95c77fd8-dafc-4736-afa2-ba2a5f581604","block_type":"box","text":"High Yield","page_number":3,"box":{"x":421,"y":175,"width":67,"height":10}},{"id":"3dfea38a-799c-42c5-8088-fb8057c175bc","block_type":"box","text":"Corporate Scored","page_number":3,"box":{"x":396,"y":187,"width":118,"height":10}},{"id":"e9baffb6-1c81-4834-bd5d-571331f78f66","block_type":"box","text":"EUR Hdg UCITS","page_number":3,"box":{"x":399,"y":199,"width":112,"height":10}},{"id":"eddb7be5-b2e6-49d7-91ff-76c4c619b3c7","block_type":"box","text":"ETF","page_number":3,"box":{"x":442,"y":212,"width":27,"height":7}},{"id":"34014c99-bee3-46ad-841e-a4860c36db26","block_type":"box","text":"State Street SPDR","page_number":3,"box":{"x":542,"y":150,"width":125,"height":8}},{"id":"e3cd6215-9bff-409a-8d08-f8aa7448cb38","block_type":"box","text":"Bloomberg U.S.","page_number":3,"box":{"x":552,"y":162,"width":105,"height":11}},{"id":"76779104-2cbe-470a-9250-74827140f692","block_type":"box","text":"High Yield","page_number":3,"box":{"x":571,"y":175,"width":67,"height":10}},{"id":"91f92458-44a7-42d7-bca4-e060f71aa1f5","block_type":"box","text":"Corporate Scored","page_number":3,"box":{"x":546,"y":187,"width":118,"height":10}},{"id":"04d56e0f-e0a7-47ae-9283-c0da3037f33a","block_type":"box","text":"GBP Hdg UCITS","page_number":3,"box":{"x":549,"y":199,"width":112,"height":10}},{"id":"89603c25-85c5-4fec-b572-0371cdfd15a8","block_type":"box","text":"ETF","page_number":3,"box":{"x":592,"y":212,"width":27,"height":7}},{"id":"fc6bdd5e-6b0d-4923-b812-90bda2eed14b","block_type":"box","text":"State Street SPDR","page_number":3,"box":{"x":692,"y":150,"width":125,"height":8}},{"id":"130528d2-3627-4a38-9897-87d4cbb3a763","block_type":"box","text":"Bloomberg U.S.","page_number":3,"box":{"x":702,"y":162,"width":105,"height":11}},{"id":"9c3467e7-e358-41a3-abd4-b47eb29d20b7","block_type":"box","text":"High Yield","page_number":3,"box":{"x":721,"y":175,"width":67,"height":10}},{"id":"37e978c8-8409-43e3-899a-ee21fcedc14a","block_type":"box","text":"Corporate Scored","page_number":3,"box":{"x":695,"y":187,"width":118,"height":10}},{"id":"90ea754b-410e-4625-b6ea-e10264c047bd","block_type":"box","text":"CHF Hdg UCITS","page_number":3,"box":{"x":699,"y":199,"width":111,"height":10}},{"id":"7e61de74-1ba7-4569-ba10-eab64dc6056a","block_type":"box","text":"ETF","page_number":3,"box":{"x":741,"y":212,"width":27,"height":7}},{"id":"c3601a42-b671-4414-b3f0-a9fc7dfada1c","block_type":"box","text":"Dividend Policy*","page_number":3,"box":{"x":93,"y":233,"width":117,"height":10}},{"id":"ff72af0f-b317-440d-8a4f-54e81a44f01f","block_type":"box","text":"Dist","page_number":3,"box":{"x":256,"y":233,"width":25,"height":8}},{"id":"ded385be-63a3-44ba-96a0-f83fa5e30e2f","block_type":"box","text":"Acc","page_number":3,"box":{"x":330,"y":233,"width":25,"height":8}},{"id":"9571847e-679f-4e03-97a1-a8ac301576eb","block_type":"box","text":"Dist","page_number":3,"box":{"x":406,"y":233,"width":24,"height":8}},{"id":"b8c3c17a-6c51-4b32-8a3b-72f95777c00a","block_type":"box","text":"Acc","page_number":3,"box":{"x":480,"y":233,"width":25,"height":8}},{"id":"be26fadb-4ff4-40de-823f-66584b152e47","block_type":"box","text":"Dist","page_number":3,"box":{"x":556,"y":233,"width":24,"height":8}},{"id":"2128266b-26c9-42fb-a163-5e0f62a68ca5","block_type":"box","text":"Acc","page_number":3,"box":{"x":630,"y":233,"width":25,"height":8}},{"id":"1f4e3dc4-6e1c-42de-b47b-26091a72f349","block_type":"box","text":"Dist","page_number":3,"box":{"x":705,"y":233,"width":25,"height":8}},{"id":"220d93d0-8e76-4ad7-9977-ff1b96524a39","block_type":"box","text":"Acc","page_number":3,"box":{"x":780,"y":233,"width":25,"height":8}},{"id":"5b819800-41c6-49c9-bf43-a88473d45bd5","block_type":"box","text":"Share Class","page_number":3,"box":{"x":92,"y":246,"width":85,"height":8}},{"id":"19e3c152-3c6a-4ecc-98a0-2d114d9176a1","block_type":"box","text":"Currency","page_number":3,"box":{"x":92,"y":258,"width":66,"height":10}},{"id":"1d93d781-d729-46f5-bae3-59529d647c85","block_type":"box","text":"USD","page_number":3,"box":{"x":290,"y":252,"width":30,"height":8}},{"id":"88a8755f-881b-4f0c-a750-1d2846927520","block_type":"box","text":"EUR","page_number":3,"box":{"x":440,"y":252,"width":30,"height":8}},{"id":"a3ce8929-1dce-4e52-8b63-93c8f8895dd8","block_type":"box","text":"GBP","page_number":3,"box":{"x":590,"y":252,"width":30,"height":8}},{"id":"85b7e130-9868-421e-bde0-92d528efda43","block_type":"box","text":"CHF","page_number":3,"box":{"x":740,"y":252,"width":30,"height":8}},{"id":"75ad9db4-9db9-4525-9bab-ff8a404db352","block_type":"box","text":"Currency Hedged","page_number":3,"box":{"x":92,"y":302,"width":125,"height":11}},{"id":"67db9f5f-a7a5-407d-b07b-98638456338c","block_type":"box","text":"Index","page_number":3,"box":{"x":92,"y":315,"width":39,"height":8}},{"id":"67264324-3a28-40d0-8738-dfe7b9378b52","block_type":"box","text":"n/a","page_number":3,"box":{"x":296,"y":308,"width":19,"height":9}},{"id":"e7cbc58a-593f-4d37-a49e-89323bcc1c76","block_type":"box","text":"Bloomberg SASB","page_number":3,"box":{"x":397,"y":272,"width":116,"height":10}},{"id":"4b33d93b-9c9a-48bd-a1c4-3d73746da68a","block_type":"box","text":"Scored US","page_number":3,"box":{"x":419,"y":284,"width":72,"height":8}},{"id":"75076df9-a083-409a-bfbd-4c057903f0c8","block_type":"box","text":"Corporate High","page_number":3,"box":{"x":404,"y":296,"width":101,"height":10}},{"id":"9ca0f4c9-783e-404e-9c79-b500fd1b0481","block_type":"box","text":"Yield Ex","page_number":3,"box":{"x":425,"y":309,"width":59,"height":7}},{"id":"5cec9cf2-2786-4258-9f4c-b208026b86ee","block_type":"box","text":"Controversies","page_number":3,"box":{"x":409,"y":321,"width":92,"height":8}},{"id":"0e4f1d08-fdee-4681-8ae7-391caef1af63","block_type":"box","text":"Select Index (EUR","page_number":3,"box":{"x":393,"y":333,"width":123,"height":10}},{"id":"714a5b27-325c-4334-8224-7f865d461322","block_type":"box","text":"Hedged)","page_number":3,"box":{"x":427,"y":345,"width":56,"height":11}},{"id":"5c14b7d7-8b4a-4e59-a56c-7ffd2fe8b31f","block_type":"box","text":"Bloomberg SASB","page_number":3,"box":{"x":547,"y":272,"width":116,"height":10}},{"id":"8746a03b-271b-42c9-a74e-1b3d29311d49","block_type":"box","text":"Scored US","page_number":3,"box":{"x":569,"y":284,"width":72,"height":8}},{"id":"ff61da00-f281-4342-ba8a-0eb131828aee","block_type":"box","text":"Corporate High","page_number":3,"box":{"x":554,"y":296,"width":101,"height":10}},{"id":"24a478f2-49f9-4aa3-99a9-bd0381440424","block_type":"box","text":"Yield Ex","page_number":3,"box":{"x":575,"y":309,"width":59,"height":7}},{"id":"0e3dba9e-3684-4104-8a94-d5a94d2dcaf4","block_type":"box","text":"Controversies","page_number":3,"box":{"x":559,"y":321,"width":92,"height":8}},{"id":"1ecc7150-cdce-4b9a-b9bd-8609ba74faa3","block_type":"box","text":"Select Index (GBP","page_number":3,"box":{"x":543,"y":333,"width":123,"height":10}},{"id":"de126dc7-c927-4d3b-9c40-723fc598091f","block_type":"box","text":"Hedged)","page_number":3,"box":{"x":577,"y":345,"width":56,"height":11}},{"id":"8b03ee12-4a39-419c-aaf2-f77d6c65f25f","block_type":"box","text":"Bloomberg SASB","page_number":3,"box":{"x":697,"y":272,"width":116,"height":10}},{"id":"d7340c34-c2ca-4167-8d48-973c74b6032d","block_type":"box","text":"Scored US","page_number":3,"box":{"x":719,"y":284,"width":71,"height":8}},{"id":"40e84f4b-6052-4593-9c39-1f731317f307","block_type":"box","text":"Corporate High","page_number":3,"box":{"x":704,"y":296,"width":101,"height":10}},{"id":"76fd2776-b775-46ad-9f56-2baf8159852e","block_type":"box","text":"Yield Ex","page_number":3,"box":{"x":724,"y":309,"width":60,"height":7}},{"id":"4116a09e-646a-488b-b0a7-2d87e304af6a","block_type":"box","text":"Controversies","page_number":3,"box":{"x":708,"y":321,"width":93,"height":8}},{"id":"1dbc1743-856c-4b6e-806d-c51d1b4ceead","block_type":"box","text":"Select Index (CHF","page_number":3,"box":{"x":693,"y":333,"width":123,"height":10}},{"id":"e29a6e7f-9384-4bb6-96b8-8295a4b9f3a8","block_type":"box","text":"Hedged)","page_number":3,"box":{"x":727,"y":345,"width":56,"height":11}},{"id":"47a8ae9c-f70a-4c8d-992b-955364045ae1","block_type":"box","text":"Index Ticker","page_number":3,"box":{"x":92,"y":384,"width":88,"height":8}},{"id":"8344c2ac-e16f-46c5-bb96-beaa98d919b7","block_type":"box","text":"I36569US","page_number":3,"box":{"x":273,"y":384,"width":65,"height":8}},{"id":"36f11dcc-4c34-44db-b0b5-9e1f7600cd2d","block_type":"box","text":"H36569EU","page_number":3,"box":{"x":419,"y":384,"width":72,"height":8}},{"id":"4d555d50-8841-4f65-b6b2-2f4636834dc3","block_type":"box","text":"H36569GB","page_number":3,"box":{"x":569,"y":384,"width":73,"height":8}},{"id":"2579f4b0-4ca9-4524-9c2e-6e81a24af624","block_type":"box","text":"H36569CH","page_number":3,"box":{"x":718,"y":384,"width":73,"height":8}},{"id":"2e89dbd6-c500-4465-9052-ad5545b0a988","block_type":"box","text":"TER","page_number":3,"box":{"x":92,"y":423,"width":29,"height":8}},{"id":"123efa48-1bfe-476e-b60c-3f07b31ec071","block_type":"box","text":"(further information","page_number":3,"box":{"x":92,"y":435,"width":126,"height":11}},{"id":"1e44cd64-2bc1-40cd-9402-cebf02828688","block_type":"box","text":"in this respect is","page_number":3,"box":{"x":92,"y":448,"width":107,"height":10}},{"id":"6d310914-3d1b-42a8-9a18-57c31e3de9ac","block_type":"box","text":"set out in the","page_number":3,"box":{"x":92,"y":460,"width":85,"height":8}},{"id":"d85fe17a-75d7-44f4-8ba5-e4587525d761","block_type":"box","text":"“Fees and","page_number":3,"box":{"x":92,"y":472,"width":72,"height":8}},{"id":"e43ac11b-c7d3-48c9-9453-13dd671baa56","block_type":"box","text":"Expenses”","page_number":3,"box":{"x":93,"y":485,"width":76,"height":10}},{"id":"5c853d7a-9039-477a-8c91-fceec68861b0","block_type":"box","text":"section of the","page_number":3,"box":{"x":92,"y":497,"width":89,"height":8}},{"id":"17d28821-8b22-4382-b11d-b366dfd2ded1","block_type":"box","text":"Prospectus)","page_number":3,"box":{"x":93,"y":509,"width":78,"height":10}},{"id":"d121841d-ca4f-476a-b03d-2994e5c1eaf5","block_type":"box","text":"Up to 0.30%","page_number":3,"box":{"x":265,"y":466,"width":81,"height":10}},{"id":"25f71dcb-2d60-45f3-aafb-b86a9f04066b","block_type":"box","text":"Up to 0.35%","page_number":3,"box":{"x":414,"y":466,"width":82,"height":10}},{"id":"13cff07f-cba6-4e83-ab0e-6e52460df87d","block_type":"box","text":"Up to 0.35%","page_number":3,"box":{"x":564,"y":466,"width":82,"height":10}},{"id":"45f5ae54-59c6-41e8-af00-c9aec5d642f4","block_type":"box","text":"Up to 0.35%","page_number":3,"box":{"x":714,"y":466,"width":82,"height":10}},{"id":"d2621839-f484-443b-8b38-82f57c2a2b07","block_type":"box","text":"*Dividend Policy: ‘Dist’ = Distributing shares, ‘Acc’ = Accumulating shares","page_number":3,"box":{"x":83,"y":547,"width":489,"height":10}},{"id":"09905bcc-3fa7-4ba3-8304-b26ce3855284","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF","page_number":4,"box":{"x":83,"y":44,"width":543,"height":11}},{"id":"c1dab87b-a060-4ddb-bbe0-9b10152a1bee","block_type":"box","text":"4","page_number":4,"box":{"x":909,"y":935,"width":7,"height":7}},{"id":"bf256b59-169c-4092-82d2-549a41f34eea","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF","page_number":5,"box":{"x":83,"y":44,"width":543,"height":11}},{"id":"48f8f7c2-05ef-4cfa-8489-471d1a57f939","block_type":"box","text":"5","page_number":5,"box":{"x":909,"y":935,"width":7,"height":7}},{"id":"a4255109-a875-4e3a-a6d0-c86a00b8f3a8","block_type":"box","text":"Investment Objective and Policy","page_number":5,"box":{"x":83,"y":79,"width":301,"height":13}},{"id":"0e28b7f3-74fa-4ab5-b401-d36dfb72ee52","block_type":"box","text":"Investment Objective:","page_number":5,"box":{"x":83,"y":102,"width":155,"height":10}},{"id":"7ffbcde3-f1c9-4e92-9fd5-ebbb8469b3bd","block_type":"box","text":"The objective of the Fund is to track","page_number":5,"box":{"x":243,"y":102,"width":238,"height":10}},{"id":"2400e2ee-58e8-4c76-900b-10779f79812e","block_type":"box","text":"the performance of the fixed-rate, U.S. Dollar-denominated","page_number":5,"box":{"x":82,"y":116,"width":398,"height":10}},{"id":"18f215d3-58ea-4a54-ae43-84298ecb1fac","block_type":"box","text":"high yield corporate bond market.","page_number":5,"box":{"x":83,"y":130,"width":222,"height":10}},{"id":"ca46b0e8-a786-49b5-9674-029540afa529","block_type":"box","text":"Investment Policy:","page_number":5,"box":{"x":83,"y":154,"width":132,"height":10}},{"id":"0e1a5268-5528-4379-81be-a2a0346e7ee6","block_type":"box","text":"The investment policy of the Fund is to","page_number":5,"box":{"x":221,"y":154,"width":260,"height":10}},{"id":"e29f4ccf-3427-47d1-a679-631276de4c52","block_type":"box","text":"track the performance of the Index (or any other index","page_number":5,"box":{"x":82,"y":168,"width":399,"height":10}},{"id":"2f6fe995-47e9-4360-9954-ed60f5d53a1c","block_type":"box","text":"determined by the Directors from time to time to track","page_number":5,"box":{"x":82,"y":182,"width":399,"height":10}},{"id":"9c09c401-5074-4e3c-8ad0-eaf424c8f2ed","block_type":"box","text":"substantially the same market as the Index) as closely as","page_number":5,"box":{"x":82,"y":196,"width":399,"height":11}},{"id":"18a4f33b-7a50-492d-bd0d-9a01ba17d968","block_type":"box","text":"possible, while seeking to minimise as far as possible the","page_number":5,"box":{"x":83,"y":211,"width":398,"height":10}},{"id":"37b8733b-9e51-4220-b102-4deb6a0b5be1","block_type":"box","text":"tracking difference between the Fund’s performance and","page_number":5,"box":{"x":82,"y":225,"width":398,"height":10}},{"id":"0668b7d4-4e71-48b3-8395-7a877e9767f9","block_type":"box","text":"that of the Index.","page_number":5,"box":{"x":82,"y":239,"width":112,"height":8}},{"id":"4d788e4b-c723-4c78-a6eb-ed49c052f33d","block_type":"box","text":"The Index is a high yield, fixed-rate, U.S. dollar-denominated","page_number":5,"box":{"x":82,"y":263,"width":398,"height":10}},{"id":"d88cff7c-35a1-4b86-8637-4397ce101138","block_type":"box","text":"benchmark that optimizes its R-Factor","page_number":5,"box":{"x":83,"y":277,"width":296,"height":10}},{"id":"591f6fe9-b424-4192-8994-e3bd1b596760","block_type":"box","text":"™","page_number":5,"box":{"x":381,"y":277,"width":11,"height":5}},{"id":"db68ebf7-7f77-49f3-af94-abc9d4f4fa6e","block_type":"box","text":"score, an","page_number":5,"box":{"x":409,"y":279,"width":71,"height":8}},{"id":"a06ac23d-6011-4068-94f6-1aac8a8f9c87","block_type":"box","text":"environmental, social and governance (“","page_number":5,"box":{"x":83,"y":291,"width":302,"height":11}},{"id":"362e56a2-88a0-4bf1-87bd-f4e271e0394a","block_type":"box","text":"ESG","page_number":5,"box":{"x":386,"y":291,"width":30,"height":8}},{"id":"e1815b24-3fc8-4c68-89a5-7109d2e3008e","block_type":"box","text":"”) rating,","page_number":5,"box":{"x":417,"y":291,"width":63,"height":11}},{"id":"42b483ca-19ec-40c4-831d-c480b062822a","block_type":"box","text":"provided by State Street Global Advisors®. Based on the","page_number":5,"box":{"x":83,"y":306,"width":398,"height":10}},{"id":"ba7f0cf6-0e5f-4789-a7d8-eca8a523232a","block_type":"box","text":"Bloomberg US Corporate","page_number":5,"box":{"x":83,"y":320,"width":170,"height":10}},{"id":"306441ea-7543-49ab-b103-e5687170b77d","block_type":"box","text":"High Yield Bond Index (the “","page_number":5,"box":{"x":259,"y":320,"width":193,"height":10}},{"id":"7f0557ee-962c-47ca-9b0c-dff28bb544ad","block_type":"box","text":"U.S.","page_number":5,"box":{"x":453,"y":320,"width":28,"height":8}},{"id":"35a5e72f-513a-412c-ab02-388f908ebaa9","block_type":"box","text":"HY Corporate Index","page_number":5,"box":{"x":83,"y":334,"width":142,"height":10}},{"id":"e778ab1b-7e50-481c-b1ce-e3c403137293","block_type":"box","text":"”), the Index selects securities eligible","page_number":5,"box":{"x":226,"y":334,"width":255,"height":10}},{"id":"2ccd22bc-0d40-46d2-949b-27e2f4f6baee","block_type":"box","text":"for the U.S. HY Corporate Index, then aims to exclude","page_number":5,"box":{"x":82,"y":348,"width":399,"height":10}},{"id":"76ff1fa6-f50d-4470-8349-fbd0ed004225","block_type":"box","text":"certain issuers based on their ESG characteristics","page_number":5,"box":{"x":83,"y":363,"width":398,"height":8}},{"id":"632ee1e2-5a79-482b-ab24-9e97a485b78e","block_type":"box","text":"considering both their ESG rating and their involvement in","page_number":5,"box":{"x":83,"y":377,"width":397,"height":10}},{"id":"e063674f-b8d3-4b82-a1d1-5d7121d135c0","block_type":"box","text":"certain controversial business activities as outlined in the","page_number":5,"box":{"x":83,"y":391,"width":398,"height":8}},{"id":"c36cc610-6d55-4d41-99f7-14b65b68e2e2","block_type":"box","text":"Index methodology. Then, the Index weights securities using","page_number":5,"box":{"x":83,"y":406,"width":397,"height":10}},{"id":"9b295891-11b6-4fb7-ad69-bfe657de289a","block_type":"box","text":"an optimisation process, in order to seek to maximise the","page_number":5,"box":{"x":82,"y":420,"width":399,"height":10}},{"id":"c00a179f-0142-4327-af26-49fe1878033e","block_type":"box","text":"portfolio ESG rating, while controlling for active total risk. The","page_number":5,"box":{"x":83,"y":434,"width":398,"height":10}},{"id":"65bd6d4e-c49f-4ac1-8787-2ec337059bbc","block_type":"box","text":"active total risk refers to the variation between the Index and","page_number":5,"box":{"x":82,"y":448,"width":398,"height":8}},{"id":"226caf47-882a-416c-b7ac-c5fcbbb74aac","block_type":"box","text":"the U.S. HY Corporate Index.","page_number":5,"box":{"x":82,"y":462,"width":196,"height":10}},{"id":"b81e1eca-702c-4da7-a40d-1e874c655cd3","block_type":"box","text":"At least 90% of the Fund’s assets are invested in securities","page_number":5,"box":{"x":82,"y":486,"width":399,"height":8}},{"id":"8ad3e463-2f6e-4e2a-8985-4c90620fb913","block_type":"box","text":"that are constituents of the Index, while the Index provider","page_number":5,"box":{"x":82,"y":500,"width":399,"height":10}},{"id":"d03c4bfb-db1b-4e2b-9eda-1ea6bde0497a","block_type":"box","text":"applies ESG ratings on all of the Index constituents. It is","page_number":5,"box":{"x":82,"y":514,"width":399,"height":11}},{"id":"9e98aede-654a-4473-9029-86f816ec5687","block_type":"box","text":"expected that the resulting portfolio ESG rating will be higher","page_number":5,"box":{"x":83,"y":529,"width":398,"height":10}},{"id":"b9dcf015-6145-44b3-be67-0b241ac9f480","block_type":"box","text":"than the portfolio ESG rating of the U.S. HY Corporate Index","page_number":5,"box":{"x":82,"y":543,"width":399,"height":10}},{"id":"ac769fe3-2776-4aeb-b7e2-a541de697c28","block_type":"box","text":"after applying a filter eliminating at least 20% of the least well","page_number":5,"box":{"x":82,"y":557,"width":398,"height":10}},{"id":"52d27523-c0ba-4088-b17a-d5151e40e762","block_type":"box","text":"rated securities, by ESG rating, from the U.S. HY Corporate","page_number":5,"box":{"x":83,"y":571,"width":398,"height":11}},{"id":"e6e45f05-87bb-473e-b23a-8395d9dd18d3","block_type":"box","text":"Index.","page_number":5,"box":{"x":83,"y":586,"width":39,"height":8}},{"id":"5fbb3663-bd22-4fac-9205-52e3f60da22d","block_type":"box","text":"The adoption of these screens and best in class criteria","page_number":5,"box":{"x":82,"y":610,"width":399,"height":10}},{"id":"ac5525e5-11bf-4e5d-a64e-1b8a650483d6","block_type":"box","text":"within the Index correspond to the environmental and social","page_number":5,"box":{"x":82,"y":624,"width":398,"height":10}},{"id":"bb01d233-d847-4976-ab5d-a5abf754d596","block_type":"box","text":"factors which the Fund promotes, as further described in the","page_number":5,"box":{"x":82,"y":638,"width":399,"height":10}},{"id":"42bdd09e-a617-4e38-a100-612881b7fce8","block_type":"box","text":"“","page_number":5,"box":{"x":83,"y":652,"width":4,"height":3}},{"id":"70046a65-a39f-41ef-8791-116db663fd73","block_type":"box","text":"ESG Screening","page_number":5,"box":{"x":88,"y":652,"width":112,"height":10}},{"id":"767f4c7c-3b60-46b0-a5cc-cd247b474146","block_type":"box","text":"” and","page_number":5,"box":{"x":201,"y":652,"width":37,"height":8}},{"id":"3959bdd9-e65f-4e26-baae-2cbbec20dfed","block_type":"box","text":"“ESG Best in Class Investing”","page_number":5,"box":{"x":249,"y":652,"width":231,"height":10}},{"id":"fab7f8d5-3446-4da7-8e87-3d66a6aa376e","block_type":"box","text":"subsections of the “","page_number":5,"box":{"x":82,"y":666,"width":159,"height":8}},{"id":"4f92214b-3aa8-4804-b8e9-d3563e6f0651","block_type":"box","text":"ESG Investing","page_number":5,"box":{"x":243,"y":666,"width":110,"height":10}},{"id":"3f85318b-6f23-4bd8-b009-69390677c1b5","block_type":"box","text":"” section of the","page_number":5,"box":{"x":354,"y":666,"width":127,"height":8}},{"id":"3de174db-9501-4a79-8876-ec06ecfd14cd","block_type":"box","text":"Prospectus. Companies deemed by the Index provider to","page_number":5,"box":{"x":83,"y":681,"width":398,"height":10}},{"id":"9edfc540-4124-48c6-83ca-3857d5c9d823","block_type":"box","text":"not violate United Nations Global Compact principles are","page_number":5,"box":{"x":83,"y":695,"width":398,"height":10}},{"id":"f2e0f6f8-4b94-49b5-9937-4eff370750ab","block_type":"box","text":"considered to exhibit good governance.","page_number":5,"box":{"x":83,"y":709,"width":308,"height":10}},{"id":"fa16de24-dd93-4c37-af63-133fcc2fe9bd","block_type":"box","text":"The main","page_number":5,"box":{"x":407,"y":709,"width":73,"height":8}},{"id":"75312efb-c065-4070-8c41-aef4dd2b239f","block_type":"box","text":"methodological limits are described in the “","page_number":5,"box":{"x":83,"y":723,"width":284,"height":11}},{"id":"810fce8b-36b5-4e33-8567-a1e4826f8ba1","block_type":"box","text":"Screening Risk","page_number":5,"box":{"x":368,"y":723,"width":108,"height":10}},{"id":"b52ddacb-f4cd-4a87-a932-79cc92f4e608","block_type":"box","text":"”","page_number":5,"box":{"x":477,"y":724,"width":4,"height":2}},{"id":"b2011cb8-8586-4efc-92e9-f99be758c564","block_type":"box","text":"subsection of the “Investment Risks” section of this","page_number":5,"box":{"x":82,"y":738,"width":399,"height":8}},{"id":"94f986c4-7ec5-46f0-ad92-57123e5dc10c","block_type":"box","text":"Supplement.","page_number":5,"box":{"x":83,"y":752,"width":83,"height":10}},{"id":"0f7683f1-07e7-428b-8c02-dc9fc8b92270","block_type":"box","text":"Hedged Share Classes are made available to reduce the","page_number":5,"box":{"x":83,"y":775,"width":398,"height":11}},{"id":"ba7ae7f7-0802-4d62-88d1-cfac30a3f824","block_type":"box","text":"impact of exchange rate fluctuations between the currency","page_number":5,"box":{"x":83,"y":790,"width":398,"height":10}},{"id":"717e33b4-9e96-4885-a65d-78888a995fe5","block_type":"box","text":"of the Class and the currency in which the underlying assets","page_number":5,"box":{"x":82,"y":804,"width":399,"height":10}},{"id":"81653dc6-4bdb-4b26-8bc0-a4058ae87bfd","block_type":"box","text":"are denominated. Investors should note that the hedged","page_number":5,"box":{"x":82,"y":818,"width":398,"height":10}},{"id":"861a7524-08bd-48b1-b2e5-1e4da7d96a1d","block_type":"box","text":"Share Classes (designated as such in this Supplement) will","page_number":5,"box":{"x":83,"y":832,"width":397,"height":11}},{"id":"c8e5b9f0-215b-4686-8e8f-d74c47883ef7","block_type":"box","text":"be hedged back to the currency of the relevant Class.","page_number":5,"box":{"x":83,"y":847,"width":397,"height":10}},{"id":"419274b0-e7a1-473c-97be-f7625288e268","block_type":"box","text":"Consequently the hedged Share Classes should more","page_number":5,"box":{"x":83,"y":861,"width":398,"height":10}},{"id":"8dab19bb-588a-4c94-80bf-16351f7196ad","block_type":"box","text":"closely track the corresponding currency hedged versions of","page_number":5,"box":{"x":83,"y":875,"width":398,"height":10}},{"id":"f90b4d76-a739-4e09-b6e1-32dae79a6c0e","block_type":"box","text":"the Index (“Currency Hedged Index”).","page_number":5,"box":{"x":82,"y":889,"width":249,"height":11}},{"id":"39107d9f-4b56-42fa-b188-0af8a8480b56","block_type":"box","text":"The Investment Manager and/or Sub-Investment Manager,","page_number":5,"box":{"x":518,"y":78,"width":397,"height":10}},{"id":"b3fda6ac-769a-45db-b7b2-7e7d0c3461ec","block_type":"box","text":"on behalf of the Fund, will invest using the stratified sampling","page_number":5,"box":{"x":518,"y":92,"width":398,"height":10}},{"id":"02395fbe-6a96-4c22-afee-1e396eeb96af","block_type":"box","text":"strategy as further described in the \"","page_number":5,"box":{"x":518,"y":107,"width":238,"height":10}},{"id":"a01a7e7b-ac59-437b-aa49-1f3fb1aa0967","block_type":"box","text":"Investment Objectives","page_number":5,"box":{"x":758,"y":107,"width":158,"height":10}},{"id":"cc4977b1-2887-4e58-ad6b-f0924495a1d2","block_type":"box","text":"and Policies – Index Tracking Funds","page_number":5,"box":{"x":518,"y":121,"width":284,"height":10}},{"id":"8aa0aa24-f00b-4a86-a2fb-cf4e3b1ea184","block_type":"box","text":"\" section of the","page_number":5,"box":{"x":804,"y":121,"width":112,"height":8}},{"id":"8ccbbd29-f13a-463f-b881-4adac58d1889","block_type":"box","text":"Prospectus, primarily in the securities of the Index, at all","page_number":5,"box":{"x":519,"y":135,"width":397,"height":10}},{"id":"9824e2cb-8bd5-4346-ba6d-2d7b23dd1560","block_type":"box","text":"times in accordance with the Investment Restrictions set","page_number":5,"box":{"x":518,"y":149,"width":399,"height":8}},{"id":"e65d8d9d-6d8f-4665-b214-e59736d69490","block_type":"box","text":"forth in the Prospectus. The Investment Manager and/or","page_number":5,"box":{"x":518,"y":163,"width":399,"height":11}},{"id":"0544e485-9bcf-4076-b0be-5ca14371f82e","block_type":"box","text":"Sub-Investment Manager also may, in exceptional","page_number":5,"box":{"x":518,"y":178,"width":398,"height":10}},{"id":"0246ee79-6f3c-49ab-8909-26b88117a2e8","block_type":"box","text":"circumstances, invest in securities not included in the Index","page_number":5,"box":{"x":518,"y":192,"width":399,"height":9}},{"id":"4a1c3d36-b976-4883-9ad5-8e4825165095","block_type":"box","text":"but that it believes closely reflect the risk and distribution","page_number":5,"box":{"x":518,"y":206,"width":398,"height":10}},{"id":"8fbb7e69-ef70-4c94-b5f0-909c95940c94","block_type":"box","text":"characteristics of securities of the Index. The bond securities","page_number":5,"box":{"x":518,"y":220,"width":398,"height":8}},{"id":"b224b76f-8e29-4b5c-a4c0-74101a9407d7","block_type":"box","text":"in which the Fund invests will be primarily listed or traded on","page_number":5,"box":{"x":518,"y":235,"width":398,"height":10}},{"id":"c82a6ed0-a8c6-4fff-9e1c-eff7510cac8b","block_type":"box","text":"Recognised Markets in accordance with the limits set out in","page_number":5,"box":{"x":519,"y":249,"width":397,"height":10}},{"id":"2a1d80ed-ba9e-4612-8460-311bffafdc3f","block_type":"box","text":"the UCITS Regulations. Details of the Fund’s portfolio and","page_number":5,"box":{"x":518,"y":263,"width":398,"height":10}},{"id":"c1b1c088-b966-4c4f-8c2d-e84a6bf824fe","block_type":"box","text":"the indicative net asset value per share for the Fund are","page_number":5,"box":{"x":518,"y":277,"width":398,"height":10}},{"id":"39668253-2847-427b-86a3-69cd773b17f2","block_type":"box","text":"available on the Website daily.","page_number":5,"box":{"x":518,"y":292,"width":203,"height":10}},{"id":"0e425be1-0c46-49e8-8873-7416baba7d1a","block_type":"box","text":"As at the date of this Supplement the Investment Manager","page_number":5,"box":{"x":518,"y":315,"width":399,"height":10}},{"id":"692f235f-b9fe-4f25-b708-646730fff832","block_type":"box","text":"and/or Sub-Investment Manager consider the principal","page_number":5,"box":{"x":518,"y":330,"width":398,"height":10}},{"id":"f3db4d8f-5bb1-44b1-b720-6343324e84f6","block_type":"box","text":"adverse impacts of its investment decisions at the Fund","page_number":5,"box":{"x":518,"y":344,"width":398,"height":10}},{"id":"c8627c7d-dc2e-4c58-8d0e-6afac8a405bd","block_type":"box","text":"level in order to seek to reduce negative externalities that","page_number":5,"box":{"x":518,"y":358,"width":398,"height":10}},{"id":"2a2a2977-cb36-4597-8a20-9f16be46bab7","block_type":"box","text":"may be caused by its underlying investments.","page_number":5,"box":{"x":518,"y":373,"width":303,"height":10}},{"id":"87c8adfd-aab9-44e4-929a-227a6657eee5","block_type":"box","text":"This Fund promotes environmental or social characteristics","page_number":5,"box":{"x":518,"y":396,"width":398,"height":10}},{"id":"8b59cd85-1397-42a3-9304-36e3ed4bbfad","block_type":"box","text":"in accordance with SFDR Article 8. More information about","page_number":5,"box":{"x":518,"y":410,"width":398,"height":8}},{"id":"20df577c-45f1-4d76-9a9b-09b7b4a3e3f9","block_type":"box","text":"the environmental and social characteristics can be found in","page_number":5,"box":{"x":518,"y":425,"width":398,"height":7}},{"id":"e6423ece-1e0d-48f6-b6e0-3e7afb7a3385","block_type":"box","text":"the annex to this Supplement.","page_number":5,"box":{"x":518,"y":439,"width":198,"height":10}},{"id":"f1616e37-b038-4a22-8645-4616d874118e","block_type":"box","text":"Currency Hedging:","page_number":5,"box":{"x":518,"y":463,"width":136,"height":10}},{"id":"c52c3939-4ab7-4b14-aa61-8b540a8f955c","block_type":"box","text":"The Fund will use financial derivative","page_number":5,"box":{"x":662,"y":463,"width":254,"height":8}},{"id":"606cea91-94a9-4c20-8f1e-d1d78439bb18","block_type":"box","text":"instruments (“FDIs”), including forward foreign exchange","page_number":5,"box":{"x":518,"y":477,"width":398,"height":10}},{"id":"09745e2b-ab32-4f50-8bcf-3962e7e25b71","block_type":"box","text":"contracts, to hedge some or all of the foreign exchange risk","page_number":5,"box":{"x":518,"y":491,"width":399,"height":10}},{"id":"9aa35427-5110-42ba-a674-dc7da9072990","block_type":"box","text":"for hedged Share Classes. Currency hedging transactions in","page_number":5,"box":{"x":518,"y":505,"width":398,"height":10}},{"id":"915cea3b-2cea-4df4-bb31-e2bbce092931","block_type":"box","text":"respect of a hedged Share Class will be clearly attributable","page_number":5,"box":{"x":519,"y":519,"width":397,"height":11}},{"id":"a2377075-2644-4e50-bba1-c25dc1155b04","block_type":"box","text":"to that Class and any costs shall be for the account of that","page_number":5,"box":{"x":518,"y":534,"width":399,"height":10}},{"id":"a50e6d7e-ca44-4030-bf51-c038cf6b19e3","block_type":"box","text":"Class only. All such costs and related liabilities and/or","page_number":5,"box":{"x":518,"y":548,"width":399,"height":10}},{"id":"e7fa3c1a-aeaa-46bc-afcd-b59bef092beb","block_type":"box","text":"benefits will be reflected in the net asset value per Share of","page_number":5,"box":{"x":518,"y":562,"width":399,"height":10}},{"id":"0d759fb9-4618-42ba-8569-b6bc869cc3c1","block_type":"box","text":"the Class. Over-hedged or under-hedged positions may","page_number":5,"box":{"x":518,"y":576,"width":399,"height":11}},{"id":"6e26d2ca-0035-4a65-8cac-de2ff05faff9","block_type":"box","text":"arise unintentionally due to factors outside the control of the","page_number":5,"box":{"x":518,"y":591,"width":398,"height":10}},{"id":"75731781-8f73-4cc8-abbc-d9c9a6ebcf26","block_type":"box","text":"Investment Manager and/or Sub-Investment Manager but","page_number":5,"box":{"x":519,"y":605,"width":397,"height":10}},{"id":"b44cdba7-98a3-4436-bdbd-dd7ee81fc8dc","block_type":"box","text":"will be monitored and adjusted on a regular basis.","page_number":5,"box":{"x":518,"y":619,"width":331,"height":11}},{"id":"ef115672-54eb-41fb-a936-eff2a0b344e2","block_type":"box","text":"Taxonomy Regulation.","page_number":5,"box":{"x":518,"y":643,"width":173,"height":10}},{"id":"20f85d44-e7b5-4b20-9413-083e4ec56ab3","block_type":"box","text":"While this Fund promotes","page_number":5,"box":{"x":709,"y":643,"width":207,"height":10}},{"id":"bea9b199-d3dd-482e-8db9-dc80b99a07e3","block_type":"box","text":"environmental characteristics","page_number":5,"box":{"x":518,"y":657,"width":195,"height":8}},{"id":"344192aa-ead9-4962-8658-8df34fa384f9","block_type":"box","text":"within the meaning of Article 8","page_number":5,"box":{"x":717,"y":657,"width":199,"height":10}},{"id":"3612f024-f804-4a11-9197-b4193254c180","block_type":"box","text":"of the SFDR, it does not currently commit to investing in any","page_number":5,"box":{"x":518,"y":671,"width":399,"height":11}},{"id":"248a747d-a634-4699-8c40-0649fd34a4d9","block_type":"box","text":"“sustainable investment” within the meaning of the","page_number":5,"box":{"x":518,"y":686,"width":398,"height":10}},{"id":"608c0138-d31c-41aa-a581-c41371d3c615","block_type":"box","text":"Taxonomy Regulation. The “do no significant harm” principle","page_number":5,"box":{"x":518,"y":700,"width":398,"height":10}},{"id":"d16959f7-8c15-4aa5-ad72-68f795e492b6","block_type":"box","text":"applies only to those investments underlying the Fund that","page_number":5,"box":{"x":518,"y":714,"width":399,"height":10}},{"id":"0e0a3514-2759-4eac-b446-b561e891420b","block_type":"box","text":"take into account the EU criteria for environmentally","page_number":5,"box":{"x":518,"y":728,"width":399,"height":10}},{"id":"825efb63-cd9a-4eb5-9eda-ec363d55c8b8","block_type":"box","text":"sustainable economic activities. The investments underlying","page_number":5,"box":{"x":518,"y":743,"width":398,"height":10}},{"id":"0dc9527c-a178-494e-8f9b-328b056b492b","block_type":"box","text":"the remaining portion of this Fund do not take into account","page_number":5,"box":{"x":518,"y":757,"width":398,"height":10}},{"id":"5b95b86b-f1c0-429b-b098-161da737c1e5","block_type":"box","text":"the EU criteria for environmentally sustainable economic","page_number":5,"box":{"x":518,"y":771,"width":399,"height":10}},{"id":"d021183b-9af0-4028-a97b-a439aceda596","block_type":"box","text":"activities. The Fund does not commit to invest more than 0%","page_number":5,"box":{"x":518,"y":785,"width":398,"height":8}},{"id":"49bd27b9-1a85-4bbe-9fb8-3d8bb2547931","block_type":"box","text":"of its Net Asset Value in Taxonomy-aligned investments.","page_number":5,"box":{"x":518,"y":800,"width":377,"height":10}},{"id":"b43f363a-7b64-4e3a-bd01-5c995105a04f","block_type":"box","text":"Permitted Investments","page_number":5,"box":{"x":519,"y":848,"width":211,"height":10}},{"id":"394666d6-dc1f-4a70-835d-017137a2db8a","block_type":"box","text":"Bonds:","page_number":5,"box":{"x":519,"y":871,"width":49,"height":7}},{"id":"f36bf843-ecb8-428f-b591-cbfedcc9ef3e","block_type":"box","text":"The securities in which the Fund invests may","page_number":5,"box":{"x":579,"y":871,"width":338,"height":10}},{"id":"71479274-5fd9-427f-a6a8-65e559503f34","block_type":"box","text":"include government and government-related bonds,","page_number":5,"box":{"x":518,"y":885,"width":397,"height":10}},{"id":"2f1cea5e-175b-42b4-bdf5-c4a173694468","block_type":"box","text":"corporate bonds, asset-backed securities, mortgage-backed","page_number":5,"box":{"x":518,"y":899,"width":398,"height":10}},{"id":"5ac5d870-ff2c-4fc4-a988-823994d6b45e","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF","page_number":6,"box":{"x":83,"y":44,"width":543,"height":11}},{"id":"f6a18436-694b-4b01-8d80-87c327501571","block_type":"box","text":"6","page_number":6,"box":{"x":909,"y":935,"width":7,"height":7}},{"id":"59ccc1a9-3ddf-4e1a-a380-5c3e1c76e40d","block_type":"box","text":"securities, commercial mortgage-backed securities, covered","page_number":6,"box":{"x":82,"y":78,"width":398,"height":10}},{"id":"ce18e604-b31c-4685-9629-eb906e3d94ba","block_type":"box","text":"bonds, collateralised bonds and 144A Securities. 144A","page_number":6,"box":{"x":83,"y":92,"width":398,"height":10}},{"id":"deb27eec-1a06-492d-98b2-e2f7d4956760","block_type":"box","text":"Securities are securities that are not required to be","page_number":6,"box":{"x":83,"y":106,"width":398,"height":11}},{"id":"99a4f483-2c6c-4251-ac20-593d8b2df396","block_type":"box","text":"registered for re-sale in the United States under an","page_number":6,"box":{"x":83,"y":121,"width":397,"height":10}},{"id":"5a8bae3c-0422-4edd-8c77-c5e8fd187394","block_type":"box","text":"exemption pursuant to Section 144A of the U.S. Securities","page_number":6,"box":{"x":83,"y":135,"width":398,"height":10}},{"id":"637282c9-f6a5-45bd-9024-11ce5d0c9d81","block_type":"box","text":"Act of 1933 (“","page_number":6,"box":{"x":82,"y":149,"width":101,"height":10}},{"id":"a616f6b3-8d94-46a8-8366-e87ee5d14b14","block_type":"box","text":"144A Securities","page_number":6,"box":{"x":184,"y":149,"width":114,"height":8}},{"id":"7e25c9e7-f8fc-40d4-b2ed-691efaf482d7","block_type":"box","text":"”), but can be sold in the","page_number":6,"box":{"x":299,"y":149,"width":182,"height":10}},{"id":"fbb9e8de-94fb-4e29-afc0-156b7eec81e5","block_type":"box","text":"United States to certain institutional buyers. The 144A","page_number":6,"box":{"x":83,"y":163,"width":398,"height":11}},{"id":"f4af39b7-72b5-435f-8f73-9f5f41d6f24e","block_type":"box","text":"Securities will be listed or traded on Recognised Markets.","page_number":6,"box":{"x":83,"y":178,"width":382,"height":10}},{"id":"3fd9da97-2f25-4c04-9549-322204266954","block_type":"box","text":"Other Funds / Liquid Assets:","page_number":6,"box":{"x":83,"y":201,"width":208,"height":11}},{"id":"5679e43f-4b49-48d3-b956-c550ad748791","block_type":"box","text":"The Fund may invest up to","page_number":6,"box":{"x":298,"y":202,"width":183,"height":10}},{"id":"37bbb646-317c-45f3-a89f-229f70421386","block_type":"box","text":"10% of its net assets in other regulated open-ended funds","page_number":6,"box":{"x":83,"y":216,"width":398,"height":10}},{"id":"d5096165-3edc-435b-8d63-3c9a99e85887","block_type":"box","text":"(including Money Market Funds) where the objectives of","page_number":6,"box":{"x":83,"y":230,"width":398,"height":10}},{"id":"58cb4e22-316f-498f-8d4b-092403e55098","block_type":"box","text":"such funds are consistent with the objective of the Fund and","page_number":6,"box":{"x":82,"y":244,"width":398,"height":10}},{"id":"460593d4-7f6d-4370-9da1-bec7eaa74fcf","block_type":"box","text":"where such funds are authorised in member states of the","page_number":6,"box":{"x":82,"y":259,"width":399,"height":7}},{"id":"478fe736-453c-4931-b5ec-5d62ecd11618","block_type":"box","text":"EEA, United Kingdom, USA, Jersey, Guernsey or the Isle of","page_number":6,"box":{"x":83,"y":273,"width":398,"height":10}},{"id":"a49a7298-c328-4abb-94db-95a0ccf0de9c","block_type":"box","text":"Man and where such funds comply in all material respects","page_number":6,"box":{"x":83,"y":287,"width":398,"height":10}},{"id":"909e2f37-cbab-414b-aa3c-41272fb16afa","block_type":"box","text":"with the provisions of the UCITS Regulations. The Fund may","page_number":6,"box":{"x":82,"y":301,"width":399,"height":10}},{"id":"f77f08b5-adab-4700-a992-5244fc4c21dc","block_type":"box","text":"hold ancillary liquid assets such as deposits in accordance","page_number":6,"box":{"x":83,"y":315,"width":398,"height":10}},{"id":"ff4e7b41-c0f9-413c-92f7-eff27efe554d","block_type":"box","text":"with the UCITS Regulations.","page_number":6,"box":{"x":82,"y":330,"width":189,"height":10}},{"id":"48fa7741-897b-49b8-b219-65a211bdc9d7","block_type":"box","text":"Derivatives:","page_number":6,"box":{"x":83,"y":353,"width":83,"height":8}},{"id":"abe136c5-96c4-44ad-871b-74732d876f48","block_type":"box","text":"The Fund may use FDIs for currency hedging","page_number":6,"box":{"x":173,"y":353,"width":308,"height":11}},{"id":"ab83b8ea-8de3-4932-962e-f7a3e6dc051e","block_type":"box","text":"and efficient portfolio management purposes. Any use of","page_number":6,"box":{"x":82,"y":368,"width":399,"height":10}},{"id":"cd60c85b-6b17-49dd-8732-e9298907ee45","block_type":"box","text":"FDIs by the Fund shall be limited to futures and forward","page_number":6,"box":{"x":83,"y":382,"width":397,"height":10}},{"id":"8638265d-6b62-4f85-9729-6f0320c6c5dc","block_type":"box","text":"foreign exchange contracts (including non-deliverable","page_number":6,"box":{"x":82,"y":396,"width":399,"height":10}},{"id":"6c0a8829-8c60-464e-acc1-a14081e0dda3","block_type":"box","text":"forwards). Efficient portfolio management means investment","page_number":6,"box":{"x":82,"y":410,"width":399,"height":10}},{"id":"15160d42-b5a9-408c-84c5-094714e290b7","block_type":"box","text":"decisions involving transactions that are entered into for one","page_number":6,"box":{"x":82,"y":425,"width":399,"height":10}},{"id":"aea7e86c-db58-4f26-9a6c-e4cf3a721d95","block_type":"box","text":"or more of the following specific aims: the reduction of risk;","page_number":6,"box":{"x":82,"y":439,"width":398,"height":10}},{"id":"3da75da4-7530-4ed1-befb-c71d1e50ab79","block_type":"box","text":"the reduction of cost; the generation of additional capital or","page_number":6,"box":{"x":82,"y":453,"width":399,"height":10}},{"id":"c6464e0b-42de-46d4-8225-c1e0e5f70d5d","block_type":"box","text":"income for the Fund with an appropriate level of risk, taking","page_number":6,"box":{"x":83,"y":467,"width":397,"height":10}},{"id":"36347843-9bac-4cc3-b90a-fe29924a8eac","block_type":"box","text":"into account the risk profile of the Fund; or the minimisation","page_number":6,"box":{"x":83,"y":482,"width":397,"height":10}},{"id":"2c53de94-a633-4d39-a294-fb1cdef16361","block_type":"box","text":"of tracking error, i.e. the risk that the Fund return varies from","page_number":6,"box":{"x":82,"y":496,"width":398,"height":10}},{"id":"b7198454-c1ea-443c-a181-7cc79c26fa9b","block_type":"box","text":"the Index return. FDIs are described in the","page_number":6,"box":{"x":82,"y":510,"width":305,"height":8}},{"id":"97b6df2f-0b2c-4287-b9f2-17ee3c4c3860","block_type":"box","text":"\"Investment","page_number":6,"box":{"x":396,"y":510,"width":85,"height":8}},{"id":"651e04ee-4f84-4bfa-919e-9416b9aff8cb","block_type":"box","text":"Objectives and Policies – Use of Financial Derivative","page_number":6,"box":{"x":83,"y":524,"width":398,"height":10}},{"id":"3e679734-c073-4167-91db-d72ba7e4adbb","block_type":"box","text":"Instruments\"","page_number":6,"box":{"x":83,"y":539,"width":91,"height":7}},{"id":"8830b784-1a19-46fe-81cc-a779fe045b0f","block_type":"box","text":"section of the Prospectus.","page_number":6,"box":{"x":180,"y":539,"width":173,"height":10}},{"id":"199e7010-0c87-49e2-839a-9cc5139da72e","block_type":"box","text":"Securities Lending, Repurchase","page_number":6,"box":{"x":83,"y":563,"width":404,"height":13}},{"id":"44ff00bf-691f-44f1-bbc1-a50ce055ff80","block_type":"box","text":"Agreements & Reverse Repurchase","page_number":6,"box":{"x":82,"y":580,"width":405,"height":13}},{"id":"f6c7b3c3-4b71-4931-9900-cc1010db9fdb","block_type":"box","text":"Agreements","page_number":6,"box":{"x":82,"y":596,"width":118,"height":13}},{"id":"d9d3e32d-075e-4f02-abf1-2b5ce69b0994","block_type":"box","text":"The Fund does not currently participate in a securities","page_number":6,"box":{"x":82,"y":619,"width":399,"height":10}},{"id":"3b18fa62-65cf-47b4-bd1d-96184f4d061d","block_type":"box","text":"lending programme, though it is entitled to do so. The Fund","page_number":6,"box":{"x":83,"y":633,"width":397,"height":10}},{"id":"6bfd0ca7-897d-4d9c-a9d7-75f41ae6139c","block_type":"box","text":"also does not intend to engage in repurchase agreements","page_number":6,"box":{"x":82,"y":647,"width":399,"height":10}},{"id":"d2e743f2-8b46-4fa4-b773-8e0bfdab9f07","block_type":"box","text":"and reverse repurchase agreements. Should the Directors","page_number":6,"box":{"x":82,"y":661,"width":399,"height":10}},{"id":"de8ca3fc-5af9-408e-9d49-e6dd26cb9ee6","block_type":"box","text":"elect to change this policy in the future, due notification will","page_number":6,"box":{"x":83,"y":676,"width":397,"height":10}},{"id":"d84aaafd-c76e-49f6-9175-31b2c44c51d7","block_type":"box","text":"be given to Shareholders and this Supplement will be","page_number":6,"box":{"x":83,"y":690,"width":398,"height":10}},{"id":"b1d9b220-1287-4016-8c69-3f3c7e810a14","block_type":"box","text":"updated accordingly.","page_number":6,"box":{"x":83,"y":704,"width":137,"height":10}},{"id":"525d351a-d800-40d3-a875-85719b60d149","block_type":"box","text":"Investment Risks","page_number":6,"box":{"x":83,"y":729,"width":164,"height":10}},{"id":"6b2f929f-6926-4694-8be1-92051611702a","block_type":"box","text":"Investment in the Fund carries with it a degree of risk.","page_number":6,"box":{"x":83,"y":751,"width":397,"height":10}},{"id":"b60e488c-e21d-40cd-9d71-575dea1be1b7","block_type":"box","text":"Investors should read the","page_number":6,"box":{"x":83,"y":766,"width":167,"height":7}},{"id":"dbc07590-cfae-45f3-a6e6-d83724e186e0","block_type":"box","text":"“Risk Information”","page_number":6,"box":{"x":255,"y":765,"width":133,"height":8}},{"id":"a2625127-1fe2-4c2a-bcdc-c363a449ff1e","block_type":"box","text":"section of the","page_number":6,"box":{"x":393,"y":765,"width":88,"height":8}},{"id":"321437df-414f-4699-b47c-5803ef1d0f39","block_type":"box","text":"Prospectus. In addition, the following risks are particularly","page_number":6,"box":{"x":83,"y":780,"width":398,"height":10}},{"id":"0ac46754-eaa8-489f-8428-df901503608b","block_type":"box","text":"relevant for the Fund.","page_number":6,"box":{"x":83,"y":794,"width":142,"height":8}},{"id":"d94ab668-200c-4986-a7c9-03080c63bde6","block_type":"box","text":"Index Tracking Risk:","page_number":6,"box":{"x":83,"y":818,"width":146,"height":10}},{"id":"5dbea9d2-6f88-477c-8d93-621e5ccc18f5","block_type":"box","text":"The Fund’s return may not match the","page_number":6,"box":{"x":234,"y":818,"width":247,"height":10}},{"id":"c6d41af1-0b82-43b1-b3f6-1daf56d0c55d","block_type":"box","text":"return of the Index. It is currently anticipated that the Fund","page_number":6,"box":{"x":83,"y":832,"width":398,"height":10}},{"id":"98545ece-8893-4a39-9013-d12f7a1fff15","block_type":"box","text":"will track the Index with a potential variation of up to 2%","page_number":6,"box":{"x":82,"y":846,"width":399,"height":10}},{"id":"94faee18-ee7e-494c-b2a0-da3f5cf59992","block_type":"box","text":"annually under normal market conditions. The Fund’s ability","page_number":6,"box":{"x":82,"y":860,"width":399,"height":10}},{"id":"8ee3bc68-8bd7-4827-be88-63d726bfbdfa","block_type":"box","text":"to track the Index will be affected by Fund expenses, the","page_number":6,"box":{"x":82,"y":875,"width":399,"height":10}},{"id":"8bbd8d3e-a8ca-48d9-9d04-e9181ab6b422","block_type":"box","text":"amount of cash and cash equivalents held in its portfolio, and","page_number":6,"box":{"x":82,"y":889,"width":398,"height":10}},{"id":"dd196951-52e6-4a92-bf76-7aaa9e3dcd30","block_type":"box","text":"the frequency and the timing of purchases and sales of","page_number":6,"box":{"x":82,"y":903,"width":399,"height":10}},{"id":"85b9364f-0a39-40de-96ae-ef58e0481152","block_type":"box","text":"interests in the Fund. The","page_number":6,"box":{"x":518,"y":78,"width":172,"height":8}},{"id":"a5a126f8-149c-439c-945b-ad89569b3a31","block_type":"box","text":"Investment Manager and/or Sub","page_number":6,"box":{"x":696,"y":78,"width":220,"height":10}},{"id":"871dc5ba-4eeb-466f-95a5-1841f42d3940","block_type":"box","text":"Investment Manager may attempt to replicate the Index","page_number":6,"box":{"x":519,"y":92,"width":398,"height":10}},{"id":"6dfe469b-cbab-4ba3-81e4-a08521af3c0a","block_type":"box","text":"return by investing in a sub-set of the securities in the Index,","page_number":6,"box":{"x":519,"y":107,"width":397,"height":10}},{"id":"5306923d-6c62-4fa3-8d6e-a18ecbf59bff","block_type":"box","text":"or in some securities not included in the Index, potentially","page_number":6,"box":{"x":518,"y":121,"width":399,"height":10}},{"id":"57a13864-5c36-41a1-b93e-937ae3c476e8","block_type":"box","text":"increasing the risk of divergence between the Fund’s return","page_number":6,"box":{"x":518,"y":135,"width":398,"height":10}},{"id":"ba31b51c-bc40-4bf5-a796-264e013c9461","block_type":"box","text":"and that of the Index.","page_number":6,"box":{"x":518,"y":149,"width":140,"height":8}},{"id":"71534470-3c07-4e4e-84fb-1f7f5dfe3868","block_type":"box","text":"Liquidity Risk & ETF Liquidity Risk:","page_number":6,"box":{"x":519,"y":173,"width":273,"height":10}},{"id":"3b79a5ba-4a55-47de-a630-8060e0fb497e","block_type":"box","text":"Lack of a ready","page_number":6,"box":{"x":802,"y":173,"width":115,"height":10}},{"id":"8850418a-c815-4dd8-831c-b4019e83c82a","block_type":"box","text":"market or restrictions on resale may limit the ability of the","page_number":6,"box":{"x":518,"y":187,"width":398,"height":10}},{"id":"68c902b8-14a8-4097-b938-0ad88740708e","block_type":"box","text":"Fund to sell a security at an advantageous time or price or","page_number":6,"box":{"x":519,"y":202,"width":398,"height":10}},{"id":"9622bee1-f524-4e52-9511-9dd066a3b3d8","block_type":"box","text":"at all. Illiquid securities may trade at a discount from","page_number":6,"box":{"x":518,"y":216,"width":398,"height":10}},{"id":"84da1d6b-2604-4496-a5cd-14d589bf640a","block_type":"box","text":"comparable, more liquid investments and may be subject to","page_number":6,"box":{"x":518,"y":230,"width":398,"height":10}},{"id":"49508974-66b6-465d-8e9e-b5c9e125cbaf","block_type":"box","text":"wide fluctuations in market value. Illiquidity of the Fund’s","page_number":6,"box":{"x":518,"y":244,"width":398,"height":10}},{"id":"2de56a74-1885-4d56-99c6-c8878bc63d46","block_type":"box","text":"holdings may limit the ability of the Fund to obtain cash to","page_number":6,"box":{"x":518,"y":259,"width":398,"height":10}},{"id":"7f87f3c5-23c2-4341-9acb-b0a4ea45baf2","block_type":"box","text":"meet redemptions on a timely basis. Where the fund invests","page_number":6,"box":{"x":518,"y":273,"width":398,"height":10}},{"id":"63ae2110-bd79-45b7-a1ff-e97324949671","block_type":"box","text":"in illiquid securities or does not trade in large volumes, the","page_number":6,"box":{"x":518,"y":287,"width":398,"height":10}},{"id":"95bf885a-9eed-4342-8c63-a89c26b78fbb","block_type":"box","text":"bid offer spreads of the Fund may widen, the Fund may be","page_number":6,"box":{"x":518,"y":301,"width":398,"height":10}},{"id":"cd684fb3-5990-4b8d-9884-f8d923c66849","block_type":"box","text":"exposed to increased valuation risk and reduced ability to","page_number":6,"box":{"x":518,"y":315,"width":398,"height":10}},{"id":"0581dad0-4463-4126-8003-5b80081f4071","block_type":"box","text":"trade. Shares in the Fund may also trade at prices that are","page_number":6,"box":{"x":518,"y":330,"width":398,"height":10}},{"id":"a3cac0db-c542-4955-8ce3-1c6d1ccaca67","block_type":"box","text":"materially different to the last available NAV.","page_number":6,"box":{"x":518,"y":344,"width":295,"height":10}},{"id":"a2958735-24a4-46b1-8d06-047bb886ceac","block_type":"box","text":"Duration / Interest Rate Risk:","page_number":6,"box":{"x":519,"y":368,"width":202,"height":8}},{"id":"c312547b-837a-4ea4-b291-5ab3711c81b4","block_type":"box","text":"Changes in interest rates are","page_number":6,"box":{"x":726,"y":368,"width":190,"height":10}},{"id":"ec75f195-e1fe-44c1-88f1-5f81c6758f17","block_type":"box","text":"likely to affect the value of bonds and other debt instruments.","page_number":6,"box":{"x":518,"y":382,"width":398,"height":10}},{"id":"e181228b-a74b-48d8-9a77-4231057b4b31","block_type":"box","text":"Rising interest rates generally result in a decline in bond","page_number":6,"box":{"x":519,"y":396,"width":397,"height":10}},{"id":"d5118fa2-17d4-4873-9a15-0996854d5e7a","block_type":"box","text":"values, while falling interest rates generally result in bond","page_number":6,"box":{"x":518,"y":410,"width":398,"height":10}},{"id":"2c3b6107-cf26-49a6-ac76-9fc47360385f","block_type":"box","text":"values increasing. Investments with longer maturities and","page_number":6,"box":{"x":518,"y":425,"width":398,"height":10}},{"id":"3ae9cd29-b071-4fa8-b2ee-d3f93c2eabbb","block_type":"box","text":"higher durations are more sensitive to interest rate changes,","page_number":6,"box":{"x":518,"y":439,"width":397,"height":10}},{"id":"aef5d5c3-d478-4953-b281-31862d240e21","block_type":"box","text":"therefore a change in interest rates could have a substantial","page_number":6,"box":{"x":518,"y":453,"width":398,"height":10}},{"id":"7aa3993f-bc0f-4813-ab33-c3c8cb72d7fc","block_type":"box","text":"and immediate negative effect on the values of the Fund’s","page_number":6,"box":{"x":518,"y":467,"width":398,"height":10}},{"id":"52d1e101-7fc9-400e-b6bf-b99069980a0a","block_type":"box","text":"investments.","page_number":6,"box":{"x":518,"y":482,"width":83,"height":8}},{"id":"a74b9b85-195f-4844-a389-de2e2153b2d4","block_type":"box","text":"Concentration Risk:","page_number":6,"box":{"x":518,"y":505,"width":154,"height":8}},{"id":"8bb23897-bc79-4413-b099-3a3140e13616","block_type":"box","text":"When the Fund focuses its","page_number":6,"box":{"x":690,"y":505,"width":226,"height":8}},{"id":"d6bb6688-384a-4668-883e-469ccd7b8b8e","block_type":"box","text":"investments in a particular currency, the financial, economic,","page_number":6,"box":{"x":518,"y":519,"width":397,"height":11}},{"id":"658bd918-a04a-40ed-a4ae-69703449d3df","block_type":"box","text":"business, and other developments affecting issuers in that","page_number":6,"box":{"x":518,"y":534,"width":399,"height":10}},{"id":"f1131479-85c0-4030-a334-4d8f6689a846","block_type":"box","text":"currency will have a greater effect on the Fund than if it was","page_number":6,"box":{"x":518,"y":548,"width":398,"height":10}},{"id":"6ae10bdb-9b0c-49a2-b941-82bbddcc7744","block_type":"box","text":"more diversified. This concentration may also limit the","page_number":6,"box":{"x":518,"y":562,"width":398,"height":10}},{"id":"82e98b96-4950-4db3-bec9-020607f643eb","block_type":"box","text":"liquidity of the Fund. Investors may buy or sell substantial","page_number":6,"box":{"x":518,"y":576,"width":398,"height":11}},{"id":"ec02054e-7f9e-41a8-be6a-76686746e37c","block_type":"box","text":"amounts of the Fund’s shares in response to factors","page_number":6,"box":{"x":518,"y":591,"width":398,"height":10}},{"id":"d2e8cbd4-eab7-4ab4-a462-0cf84b528c0c","block_type":"box","text":"affecting or expected to affect a currency in which the Fund","page_number":6,"box":{"x":518,"y":605,"width":398,"height":10}},{"id":"f7f0b273-86e0-43e2-b92d-e6f026fcde65","block_type":"box","text":"focuses its investments.","page_number":6,"box":{"x":518,"y":619,"width":159,"height":8}},{"id":"00e7cfed-bdd0-4c36-95e6-adef38ba207e","block_type":"box","text":"Lower Rated Securities Risk:","page_number":6,"box":{"x":519,"y":643,"width":203,"height":8}},{"id":"9e093a57-23d8-4f87-a54c-4fb111f59122","block_type":"box","text":"Lower-quality debt securities","page_number":6,"box":{"x":728,"y":643,"width":188,"height":10}},{"id":"e0670887-9e23-4879-8d29-451fe5589105","block_type":"box","text":"(“high yield” or “junk” bonds) can involve a substantially","page_number":6,"box":{"x":518,"y":657,"width":399,"height":10}},{"id":"a2e79f7b-07b9-4f22-b61c-acb043abf097","block_type":"box","text":"greater risk of default than higher quality debt securities.","page_number":6,"box":{"x":518,"y":671,"width":398,"height":11}},{"id":"f7f4cd02-6bc5-49e7-9cc8-6603d1bd4dce","block_type":"box","text":"They can be illiquid, and their values can have significant","page_number":6,"box":{"x":518,"y":686,"width":398,"height":10}},{"id":"9986fa34-b483-4373-8775-24960ea54757","block_type":"box","text":"volatility and may decline significantly over short periods of","page_number":6,"box":{"x":518,"y":700,"width":399,"height":10}},{"id":"4607c43e-2970-4043-b863-adb2184f8bde","block_type":"box","text":"time. Lower-quality debt securities tend to be more sensitive","page_number":6,"box":{"x":518,"y":714,"width":398,"height":10}},{"id":"117e075a-41c6-4f0c-a166-cbfaa0be3f59","block_type":"box","text":"to adverse news about the issuer, or the market or economy","page_number":6,"box":{"x":518,"y":729,"width":399,"height":9}},{"id":"4f070384-9475-4f5e-b0d8-ec18b7b326e4","block_type":"box","text":"in general.","page_number":6,"box":{"x":518,"y":743,"width":71,"height":10}},{"id":"0b021dac-20ca-4740-a11f-963f05b67eed","block_type":"box","text":"As the Fund has material exposure to sub","page_number":6,"box":{"x":597,"y":743,"width":320,"height":9}},{"id":"54643441-61e3-4478-9055-b5feafa4ae70","block_type":"box","text":"investment grade bonds an investment in the Fund","page_number":6,"box":{"x":518,"y":757,"width":398,"height":10}},{"id":"35fc1bf0-1b28-4be2-91e3-f5bf6d352538","block_type":"box","text":"should not constitute a substantial proportion of an","page_number":6,"box":{"x":518,"y":771,"width":398,"height":10}},{"id":"4fd28270-16c1-46cf-8b7b-a77994d7cc08","block_type":"box","text":"investment portfolio and may not be appropriate for all","page_number":6,"box":{"x":518,"y":785,"width":398,"height":10}},{"id":"043a2903-eaeb-48dd-9236-885855bc580f","block_type":"box","text":"investors.","page_number":6,"box":{"x":518,"y":800,"width":70,"height":8}},{"id":"37f5ce1d-2ef6-4b53-9f7e-5cb7eb917ed3","block_type":"box","text":"Debt Securities - Credit Risk:","page_number":6,"box":{"x":519,"y":823,"width":207,"height":8}},{"id":"d0c60384-55d8-41ee-b654-15162e3b56e2","block_type":"box","text":"A debt security’s value may","page_number":6,"box":{"x":732,"y":823,"width":185,"height":10}},{"id":"85c556d9-ad19-4bbc-a371-854dbfbf09b7","block_type":"box","text":"be adversely affected by its issuer’s ability or perceived","page_number":6,"box":{"x":518,"y":837,"width":398,"height":10}},{"id":"38671d27-a267-4156-8414-4cae8d9814a1","block_type":"box","text":"ability, to make timely payments. An issuer’s ability to meet","page_number":6,"box":{"x":518,"y":852,"width":398,"height":10}},{"id":"3b663eae-5ccb-454f-a5f5-6d089ac64932","block_type":"box","text":"its obligations in relation to securities held by the Fund may","page_number":6,"box":{"x":518,"y":866,"width":399,"height":10}},{"id":"86599104-b523-42c7-bea9-416d7461f6d7","block_type":"box","text":"decline substantially. The rating assigned to any particular","page_number":6,"box":{"x":518,"y":880,"width":399,"height":10}},{"id":"81bf5589-4470-49c9-82ec-7c75571f3a28","block_type":"box","text":"investment does not necessarily reflect the issuer’s current","page_number":6,"box":{"x":518,"y":894,"width":399,"height":10}},{"id":"00ae13b3-aa39-409c-8a3d-7ca56d3013cc","block_type":"box","text":"financial condition and does not reflect an assessment of an","page_number":6,"box":{"x":518,"y":909,"width":398,"height":8}},{"id":"ef6e8eb2-eacc-45a4-8f79-6d1cdd86de19","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF","page_number":7,"box":{"x":83,"y":44,"width":543,"height":11}},{"id":"d8312c1f-61b8-4566-9d9b-e0242b335879","block_type":"box","text":"7","page_number":7,"box":{"x":909,"y":935,"width":7,"height":7}},{"id":"786ef2b7-4e79-4877-8063-928df25e2eda","block_type":"box","text":"investment’s volatility or liquidity. Investment grade","page_number":7,"box":{"x":83,"y":78,"width":398,"height":10}},{"id":"4f34d7a4-4c5c-44b6-a7f3-784b1e17e642","block_type":"box","text":"securities may still be subject to credit difficulties leading to","page_number":7,"box":{"x":82,"y":92,"width":399,"height":10}},{"id":"cccebc52-6a2a-4549-9c0f-d6e20e49e485","block_type":"box","text":"the loss of some or all of the sums invested. If a security","page_number":7,"box":{"x":82,"y":107,"width":399,"height":10}},{"id":"a7ef2fee-95fb-452a-b7ca-e0aad767571c","block_type":"box","text":"held by a Fund loses its rating or its rating is downgraded,","page_number":7,"box":{"x":83,"y":121,"width":397,"height":10}},{"id":"b967af7d-fe56-4835-ba29-a50f482e3579","block_type":"box","text":"the Fund may nonetheless continue to hold the security in","page_number":7,"box":{"x":82,"y":135,"width":398,"height":10}},{"id":"8ce9d88e-cbc1-4208-9264-30d5c8f4b74f","block_type":"box","text":"the discretion of the Investment Manager and/or Sub","page_number":7,"box":{"x":82,"y":149,"width":399,"height":10}},{"id":"8c3544b8-3315-4eb2-8ec9-3262be4ea983","block_type":"box","text":"Investment Manager.","page_number":7,"box":{"x":83,"y":164,"width":140,"height":10}},{"id":"9f799191-9139-4df4-a5f4-ad3bc87c0fa9","block_type":"box","text":"Derivatives Risk:","page_number":7,"box":{"x":83,"y":187,"width":123,"height":8}},{"id":"9c4565fb-9644-4063-abcb-7c7d57f3c02c","block_type":"box","text":"The Fund may use FDIs for efficient","page_number":7,"box":{"x":222,"y":187,"width":259,"height":10}},{"id":"3859be15-df96-4863-b820-1032aa7b1ca3","block_type":"box","text":"portfolio management purposes as described in the","page_number":7,"box":{"x":83,"y":202,"width":398,"height":10}},{"id":"5ede6b8c-3783-45c9-8794-4d55481d2a66","block_type":"box","text":"derivatives section under Permitted Investments above. The","page_number":7,"box":{"x":82,"y":216,"width":399,"height":8}},{"id":"2b98d73f-4d10-4c7a-a266-e8555a9bf635","block_type":"box","text":"Fund’s use of FDIs involves risks different from, and possibly","page_number":7,"box":{"x":83,"y":230,"width":398,"height":10}},{"id":"7fe83840-c973-41e4-bd07-88be0f420cdc","block_type":"box","text":"greater than, the risks associated with investing directly in","page_number":7,"box":{"x":83,"y":244,"width":397,"height":10}},{"id":"b95b5549-e271-4f8f-948e-e1620147fec7","block_type":"box","text":"securities..","page_number":7,"box":{"x":82,"y":259,"width":71,"height":8}},{"id":"6997de5e-fe2b-41a9-a0f2-3f7a1d410e72","block_type":"box","text":"Share Class Risk:","page_number":7,"box":{"x":83,"y":282,"width":131,"height":8}},{"id":"9f6660f2-8950-4487-88a3-20830b479984","block_type":"box","text":"There is no segregation of liabilities","page_number":7,"box":{"x":230,"y":282,"width":251,"height":10}},{"id":"68a26403-b812-43dd-a5f0-a3a63ea1dfeb","block_type":"box","text":"between Classes of the Fund. While the Investment","page_number":7,"box":{"x":83,"y":296,"width":398,"height":8}},{"id":"92f5a810-8f6a-4a86-95c5-dde637fed85a","block_type":"box","text":"Manager and/or Sub-Investment Manager will seek to","page_number":7,"box":{"x":83,"y":311,"width":398,"height":10}},{"id":"2cd42aaf-8cfe-45ce-9126-68d641cc6e14","block_type":"box","text":"ensure that gains/losses on and the costs of the relevant FDI","page_number":7,"box":{"x":83,"y":325,"width":397,"height":10}},{"id":"592bb568-b644-4f67-b502-ac04b700e362","block_type":"box","text":"associated with any currency hedging strategy will accrue","page_number":7,"box":{"x":82,"y":339,"width":399,"height":10}},{"id":"d13b4c00-a615-44d8-9d17-daf758a6ae15","block_type":"box","text":"solely to the Class for which it is intended, the transactions","page_number":7,"box":{"x":82,"y":353,"width":399,"height":10}},{"id":"2ceeaa04-87b6-4501-ab55-9c56f93de2a4","block_type":"box","text":"could result in liabilities for other Classes.","page_number":7,"box":{"x":83,"y":368,"width":275,"height":8}},{"id":"cc96151e-a0b3-403c-af26-85e463583715","block_type":"box","text":"Currency Hedging Risk:","page_number":7,"box":{"x":83,"y":391,"width":170,"height":10}},{"id":"3e95d793-74fb-4c60-9f3a-115d45e3b0cc","block_type":"box","text":"Hedges are sometimes subject to","page_number":7,"box":{"x":259,"y":391,"width":222,"height":10}},{"id":"32dfa2b1-f62f-44b4-97bc-9768bf61fd78","block_type":"box","text":"imperfect matching between the hedging transaction and the","page_number":7,"box":{"x":83,"y":405,"width":398,"height":10}},{"id":"a2d36d61-aa1f-4f8a-a225-33e88838dcf8","block_type":"box","text":"risk sought to be hedged. There can be no assurance that","page_number":7,"box":{"x":83,"y":419,"width":398,"height":10}},{"id":"a8826827-6c14-4600-8801-3db17f2b081e","block_type":"box","text":"the Fund’s hedging transactions will be effective. As the","page_number":7,"box":{"x":82,"y":432,"width":399,"height":10}},{"id":"12426ef3-3647-4cc2-8bab-53533226cc25","block_type":"box","text":"purpose of currency hedging is to try to reduce or eliminate","page_number":7,"box":{"x":83,"y":445,"width":398,"height":11}},{"id":"c57ad03b-fefe-49ab-84eb-b988ceac5f03","block_type":"box","text":"losses caused by exchange rate fluctuations, it can also","page_number":7,"box":{"x":83,"y":459,"width":398,"height":10}},{"id":"285311b2-6504-4a4a-8264-a559af14c743","block_type":"box","text":"reduce or eliminate gains where the currency in which the","page_number":7,"box":{"x":83,"y":473,"width":398,"height":10}},{"id":"77c48e4a-25a7-44e9-bcf9-da7a75cca55a","block_type":"box","text":"Fund’s assets are denominated appreciates.","page_number":7,"box":{"x":83,"y":486,"width":295,"height":10}},{"id":"80ed18c9-911b-47ba-8f28-979669b87ef6","block_type":"box","text":"Integrating Sustainability Risk:","page_number":7,"box":{"x":83,"y":509,"width":218,"height":10}},{"id":"1d1a562d-a038-4fdf-a5ea-bb07230cc3a2","block_type":"box","text":"Sustainability Risk has not","page_number":7,"box":{"x":307,"y":509,"width":174,"height":10}},{"id":"e41fd8d2-b58e-4068-afdf-1a278b3f422a","block_type":"box","text":"been integrated into the Fund’s investment process. Any","page_number":7,"box":{"x":83,"y":523,"width":398,"height":10}},{"id":"fe11a84a-a937-4624-8911-ff5b7a15c84f","block_type":"box","text":"deterioration in the financial profile of an underlying","page_number":7,"box":{"x":82,"y":538,"width":398,"height":10}},{"id":"8817bed4-51ba-446a-a2b3-f5513d9f2f9a","block_type":"box","text":"investment affected by a Sustainability Risk may have a","page_number":7,"box":{"x":83,"y":552,"width":398,"height":10}},{"id":"7355999d-8a68-42ee-a3e2-3aaf0f4c1176","block_type":"box","text":"corresponding negative impact on the Net Asset Value","page_number":7,"box":{"x":83,"y":566,"width":398,"height":10}},{"id":"b5a0e805-2059-4e16-b3d1-be5e4975e8f5","block_type":"box","text":"and/or performance of the investing Fund. Where a","page_number":7,"box":{"x":82,"y":580,"width":399,"height":10}},{"id":"b96b6473-907c-4caf-8564-406a620d7336","block_type":"box","text":"Sustainability Risk event occurs, this Fund may be more","page_number":7,"box":{"x":83,"y":594,"width":398,"height":10}},{"id":"26c5961e-a1b6-4c0e-9162-4369a852e9ab","block_type":"box","text":"impacted than an equivalent Fund that integrates","page_number":7,"box":{"x":83,"y":609,"width":398,"height":10}},{"id":"a2f53960-33fd-482a-bd76-ac02966589a6","block_type":"box","text":"Sustainability Risk. Shareholders should refer to the “","page_number":7,"box":{"x":83,"y":623,"width":358,"height":10}},{"id":"a8f67380-8820-4243-9a46-62970cb32e91","block_type":"box","text":"Index","page_number":7,"box":{"x":443,"y":623,"width":38,"height":8}},{"id":"f3169506-dc74-485b-946e-e3f2e629d311","block_type":"box","text":"Strategies and Sustainability Integration","page_number":7,"box":{"x":83,"y":637,"width":293,"height":10}},{"id":"19146335-1404-4650-9f03-a813a4f381e9","block_type":"box","text":"” section of the","page_number":7,"box":{"x":377,"y":637,"width":104,"height":8}},{"id":"ca18aea4-cd4c-41ee-acaf-2cf99d9c4d33","block_type":"box","text":"Prospectus for further information.","page_number":7,"box":{"x":83,"y":652,"width":226,"height":10}},{"id":"a09129f8-96d4-43a2-ad41-8ce812ef2fb0","block_type":"box","text":"SFDR - Fund Classification Risk:","page_number":7,"box":{"x":83,"y":675,"width":236,"height":8}},{"id":"1b79dab0-1005-408c-889e-b3c224109978","block_type":"box","text":"The SFDR has phased","page_number":7,"box":{"x":326,"y":675,"width":154,"height":10}},{"id":"2edb29f9-7795-41bd-a824-c8c388317234","block_type":"box","text":"implementation from 10 March 2021 and imposes new","page_number":7,"box":{"x":83,"y":689,"width":398,"height":10}},{"id":"ab232ed1-df8b-4fde-af07-9f069b6a9f3e","block_type":"box","text":"disclosure obligations on financial market participants. As","page_number":7,"box":{"x":82,"y":704,"width":399,"height":10}},{"id":"e13c459d-5611-4692-bc50-ec499f471915","block_type":"box","text":"at the date of this Prospectus, the implementing Regulatory","page_number":7,"box":{"x":82,"y":718,"width":399,"height":10}},{"id":"ecd36be4-0dc0-4cd2-8cf9-cca865ef647a","block_type":"box","text":"Technical Standards (Level 2) for SFDR have been enacted","page_number":7,"box":{"x":82,"y":732,"width":398,"height":10}},{"id":"f6e96e93-10d4-430b-a035-30808fd474dd","block_type":"box","text":"by the European Commission and will apply from 1 January","page_number":7,"box":{"x":83,"y":746,"width":398,"height":10}},{"id":"884da1b4-1bb4-4f85-97e1-333e50c25b45","block_type":"box","text":"2023, but certain concepts introduced by SFDR are not","page_number":7,"box":{"x":82,"y":761,"width":399,"height":10}},{"id":"18ba6692-fc18-436d-a140-3728eb86abcd","block_type":"box","text":"currently the subject of centralised implementing standards,","page_number":7,"box":{"x":83,"y":775,"width":397,"height":10}},{"id":"7a64095a-8eff-4d5a-8adb-9b7608f0ae5a","block_type":"box","text":"local guidance or established market practice. The Fund has","page_number":7,"box":{"x":83,"y":789,"width":398,"height":10}},{"id":"e85be0ae-0cd8-4847-ae6b-1e1a420ec35f","block_type":"box","text":"been assessed and classified in good faith based on the","page_number":7,"box":{"x":83,"y":803,"width":398,"height":10}},{"id":"a5fd7e7c-07ba-47ed-b811-c763cce05932","block_type":"box","text":"relevant information currently available. As these standards","page_number":7,"box":{"x":83,"y":817,"width":398,"height":11}},{"id":"a21a8148-33fe-433c-9688-cb619324d27c","block_type":"box","text":"and guidance develop, the SFDR related disclosures and","page_number":7,"box":{"x":82,"y":832,"width":398,"height":10}},{"id":"5715889f-e30f-4922-9e8b-066927a312a1","block_type":"box","text":"the Article 8 classification indicated in this Supplement and","page_number":7,"box":{"x":82,"y":846,"width":398,"height":10}},{"id":"f77d85b6-b7b4-41d6-a193-bc1fae61f682","block_type":"box","text":"on the Website are subject to change and may no longer","page_number":7,"box":{"x":82,"y":860,"width":399,"height":10}},{"id":"6cff8642-bef3-42ab-91fa-d9e8ba856ece","block_type":"box","text":"apply.","page_number":7,"box":{"x":82,"y":875,"width":39,"height":10}},{"id":"48d4ae8f-3cd4-4d83-93c3-b35dc952d540","block_type":"box","text":"Investor Profile","page_number":7,"box":{"x":519,"y":79,"width":144,"height":10}},{"id":"6ab1aaf6-075f-493e-a9ef-f11cfbe45f1b","block_type":"box","text":"The typical investors of the Fund are expected to be","page_number":7,"box":{"x":518,"y":102,"width":398,"height":10}},{"id":"61baf1f1-72b7-4ccc-bb15-3f8e9338015f","block_type":"box","text":"institutional, intermediary and retail investors who want to","page_number":7,"box":{"x":518,"y":116,"width":398,"height":10}},{"id":"b593832d-7b06-4fdf-842c-bd28fe54749c","block_type":"box","text":"take a medium or long term exposure to the performance of","page_number":7,"box":{"x":518,"y":130,"width":399,"height":10}},{"id":"bfcdc56d-7e33-4cde-9d70-fbbc440ecf76","block_type":"box","text":"the short-dated, fixed-rate, U.S. dollar denominated high","page_number":7,"box":{"x":518,"y":144,"width":398,"height":10}},{"id":"d8684371-1f1a-412f-9dd9-5bd93ca25481","block_type":"box","text":"yield corporate bond market and are prepared to accept the","page_number":7,"box":{"x":518,"y":159,"width":398,"height":10}},{"id":"5d1f4cbd-75dd-4573-bf27-998d076ad695","block_type":"box","text":"risks associated with an investment of this type and the","page_number":7,"box":{"x":519,"y":173,"width":397,"height":10}},{"id":"21d66110-ab86-4ceb-a5fc-3e2ceb82544d","block_type":"box","text":"expected medium to high volatility of the Fund.","page_number":7,"box":{"x":518,"y":187,"width":310,"height":10}},{"id":"66c1eb9a-41f8-494e-972c-2f8bb68f37a6","block_type":"box","text":"Subscriptions, Redemptions &","page_number":7,"box":{"x":518,"y":211,"width":287,"height":14}},{"id":"da106bc7-a7f3-43ab-9c09-aa86c30ab0b4","block_type":"box","text":"Conversions","page_number":7,"box":{"x":518,"y":228,"width":123,"height":11}},{"id":"e00440b7-ec10-4547-97f8-0fb375097339","block_type":"box","text":"Investors may subscribe for or redeem Shares in the Fund","page_number":7,"box":{"x":519,"y":251,"width":397,"height":10}},{"id":"a8da5314-0ac4-412e-9d4f-2246d356aaf2","block_type":"box","text":"on each Dealing Day at the Dealing NAV with an appropriate","page_number":7,"box":{"x":518,"y":265,"width":398,"height":10}},{"id":"df966e8b-4dac-4d82-a3a8-80ce218383c6","block_type":"box","text":"provision for Duties and Charges and in accordance with the","page_number":7,"box":{"x":518,"y":279,"width":398,"height":10}},{"id":"92805f19-b7fd-4eee-ab79-68a7af3de235","block_type":"box","text":"provisions in the","page_number":7,"box":{"x":518,"y":294,"width":107,"height":9}},{"id":"218eca4c-36be-4020-a867-49fdc6dff0d1","block_type":"box","text":"“Purchase and Sale Information”","page_number":7,"box":{"x":630,"y":293,"width":234,"height":8}},{"id":"08a2e8a2-b9e7-4796-9ff1-a676a6c44bfe","block_type":"box","text":"section","page_number":7,"box":{"x":869,"y":294,"width":47,"height":7}},{"id":"bd7932d2-5f57-42df-91ca-0fa099fe6753","block_type":"box","text":"of the Prospectus.","page_number":7,"box":{"x":518,"y":308,"width":120,"height":10}},{"id":"bfb2bb7c-0a4f-4355-ae81-2cb86202bdac","block_type":"box","text":"For subscriptions, consideration, in the form of cash or","page_number":7,"box":{"x":519,"y":331,"width":398,"height":10}},{"id":"48ecf243-8c2c-4de3-872e-813946ef5010","block_type":"box","text":"cleared in kind securities, must be received by the","page_number":7,"box":{"x":518,"y":346,"width":398,"height":10}},{"id":"b0b11fc0-f013-458e-add8-d0451e436aa1","block_type":"box","text":"Settlement Deadline. For redemptions, a written redemption","page_number":7,"box":{"x":518,"y":360,"width":398,"height":10}},{"id":"e84ca543-49b7-483e-b8eb-de59b7c92017","block_type":"box","text":"request signed by the Shareholder is required to be received","page_number":7,"box":{"x":519,"y":374,"width":397,"height":10}},{"id":"15c1c512-093f-4ea1-a03c-d22123f62e1a","block_type":"box","text":"by the Administrator by the Dealing Deadline on the relevant","page_number":7,"box":{"x":518,"y":388,"width":398,"height":10}},{"id":"7368a316-5afb-4d8e-bf54-c12be9495f67","block_type":"box","text":"Dealing Day.","page_number":7,"box":{"x":519,"y":403,"width":84,"height":10}},{"id":"7f51ddb6-91d9-4fc8-9801-5d3a0f3aca51","block_type":"box","text":"Shareholders should refer to the terms of the","page_number":7,"box":{"x":518,"y":427,"width":316,"height":9}},{"id":"c7ccf03c-53a0-4098-b89a-498347e7f938","block_type":"box","text":"“Purchase","page_number":7,"box":{"x":842,"y":428,"width":74,"height":7}},{"id":"69e7053a-d03d-4274-879f-d0f01b9fb7cb","block_type":"box","text":"and Sale Information”","page_number":7,"box":{"x":518,"y":441,"width":169,"height":8}},{"id":"14563bc7-6918-42bc-980f-f97a045a79d4","block_type":"box","text":"section of the Prospectus for","page_number":7,"box":{"x":699,"y":441,"width":218,"height":10}},{"id":"ad75637b-2ccb-4cb4-8916-8bf66d2e2a20","block_type":"box","text":"information on Share conversions.","page_number":7,"box":{"x":518,"y":455,"width":228,"height":8}},{"id":"5c15e6f5-a638-4ae5-9f7a-70e3f1f67ee7","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF","page_number":8,"box":{"x":83,"y":44,"width":543,"height":11}},{"id":"d96a04f6-edd8-4adb-9db2-3cf31d2c27c7","block_type":"box","text":"8","page_number":8,"box":{"x":909,"y":935,"width":7,"height":7}},{"id":"057079e3-0b51-4abc-8f8d-ea726577a58c","block_type":"box","text":"Initial Offer Period","page_number":8,"box":{"x":83,"y":79,"width":179,"height":11}},{"id":"dd5908ba-af8c-4a6f-aa1a-b0e3f813639a","block_type":"box","text":"Shares in the following Share Classes of the Fund will be","page_number":8,"box":{"x":83,"y":106,"width":398,"height":11}},{"id":"1ae0b6ff-5949-4c3a-a9bc-4e5398edcb31","block_type":"box","text":"issued at the Dealing NAV:","page_number":8,"box":{"x":83,"y":119,"width":178,"height":10}},{"id":"e6a3e29a-dfcd-480c-9c61-e3025b97cbc5","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate","page_number":8,"box":{"x":83,"y":142,"width":398,"height":10}},{"id":"8bf505a8-4080-4d32-bb87-71b327cc156d","block_type":"box","text":"Scored UCITS ETF (Dist)","page_number":8,"box":{"x":83,"y":156,"width":169,"height":10}},{"id":"5560dbea-69c3-42cb-a603-84c6f1a490c1","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate","page_number":8,"box":{"x":83,"y":180,"width":398,"height":10}},{"id":"6deb8ad1-8a09-4549-b5f9-a4613947dcf0","block_type":"box","text":"Scored EUR Hdg UCITS ETF (Acc)","page_number":8,"box":{"x":83,"y":194,"width":236,"height":10}},{"id":"f840145a-a1fb-4227-9dc6-e17800f148f4","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate","page_number":8,"box":{"x":83,"y":218,"width":398,"height":11}},{"id":"577e15d5-c000-4a6f-8760-08659c136f52","block_type":"box","text":"Scored UCITS ETF (Acc)","page_number":8,"box":{"x":83,"y":232,"width":168,"height":10}},{"id":"c2e4238a-b669-419c-ad80-77fc62a2effc","block_type":"box","text":"Shares of the Fund which are not launched as at the date of","page_number":8,"box":{"x":83,"y":265,"width":398,"height":8}},{"id":"dc2f0fca-e3e2-4afc-9822-b0a662dada49","block_type":"box","text":"this Supplement will be available from 9.00 a.m. (Irish time)","page_number":8,"box":{"x":82,"y":280,"width":398,"height":10}},{"id":"e01d7e4b-92f3-418f-94ee-156434dca725","block_type":"box","text":"on 20 February 2026 to 3.00 p.m. (Irish time) on 19 August","page_number":8,"box":{"x":82,"y":294,"width":399,"height":10}},{"id":"b2061459-fb28-4298-a156-bc7b4ab7e43b","block_type":"box","text":"2026 or such earlier or later date as the Directors may","page_number":8,"box":{"x":82,"y":308,"width":399,"height":10}},{"id":"3197bc3b-9c1e-408f-b544-126e305e1548","block_type":"box","text":"determine and notify to the Central Bank (the “Initial Offer","page_number":8,"box":{"x":82,"y":322,"width":399,"height":10}},{"id":"7920c12c-38ad-41da-b688-0426ca67e409","block_type":"box","text":"Period”). The initial offer price will be approximately 30 in the","page_number":8,"box":{"x":83,"y":336,"width":398,"height":11}},{"id":"80879552-7734-4719-a282-6d6473027c0d","block_type":"box","text":"currency of the respective share class, plus an appropriate","page_number":8,"box":{"x":83,"y":351,"width":398,"height":10}},{"id":"74f4252c-8c9c-4fb7-a643-6974ee4e5fbc","block_type":"box","text":"provision for Duties and Charges, or such other amount as","page_number":8,"box":{"x":83,"y":365,"width":398,"height":10}},{"id":"9510d1f2-5f46-4156-9f75-715d874e092a","block_type":"box","text":"determined by the Investment Manager and/or Sub","page_number":8,"box":{"x":82,"y":379,"width":399,"height":10}},{"id":"92150e00-b8f1-4376-acfc-ae7a072809b4","block_type":"box","text":"Investment Manager and communicated to investors prior to","page_number":8,"box":{"x":83,"y":394,"width":398,"height":10}},{"id":"4c439b5f-9aaa-4d45-aee2-f2664c399dce","block_type":"box","text":"investment. Following the closing date of the Initial Offer","page_number":8,"box":{"x":83,"y":408,"width":398,"height":10}},{"id":"842e7347-7773-48f9-a5ae-a1219a31c42d","block_type":"box","text":"Period, the Shares will be issued at the Dealing NAV.","page_number":8,"box":{"x":83,"y":422,"width":354,"height":10}},{"id":"5b5730aa-9553-4df5-a0c5-45418e4042d6","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF","page_number":9,"box":{"x":38,"y":44,"width":544,"height":11}},{"id":"9adb9302-9744-4c73-a4b1-6693af446c46","block_type":"box","text":"9","page_number":9,"box":{"x":953,"y":935,"width":7,"height":7}},{"id":"bec459f4-e745-4e37-bd59-1aed6506f7cc","block_type":"box","text":"SFDR Annex","page_number":9,"box":{"x":439,"y":91,"width":121,"height":11}},{"id":"d013de8d-52b0-44cc-8ed8-694e9161ff3f","block_type":"box","text":"ANNEX II","page_number":9,"box":{"x":463,"y":124,"width":73,"height":9}},{"id":"bc52f1ec-a056-408f-9dcc-d6491055803c","block_type":"box","text":"Template pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2","page_number":9,"box":{"x":104,"y":155,"width":807,"height":11}},{"id":"3a8729a7-2b4a-4b2c-8241-17c5546c7a47","block_type":"box","text":"and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852","page_number":9,"box":{"x":129,"y":171,"width":756,"height":11}},{"id":"5d326c54-aad9-4f42-9006-183d79383227","block_type":"box","text":"Sustainable","page_number":9,"box":{"x":47,"y":216,"width":84,"height":8}},{"id":"9219f2ed-8781-4a32-9111-b90ec2b74f47","block_type":"box","text":"investment","page_number":9,"box":{"x":48,"y":228,"width":78,"height":8}},{"id":"19586688-30c1-4a00-a2ce-244ccf42a52a","block_type":"box","text":"means","page_number":9,"box":{"x":136,"y":230,"width":44,"height":6}},{"id":"c48398e1-02fc-4b1e-a845-9ca1e89aec40","block_type":"box","text":"an investment in an","page_number":9,"box":{"x":47,"y":240,"width":132,"height":8}},{"id":"d2efecd0-a60d-46e6-8434-b90caa1adbb0","block_type":"box","text":"economic activity","page_number":9,"box":{"x":47,"y":253,"width":133,"height":9}},{"id":"b72f59cb-9595-47c4-a994-63fb38ff0988","block_type":"box","text":"that contributes to","page_number":9,"box":{"x":47,"y":265,"width":133,"height":8}},{"id":"641af729-2f52-4878-8cd4-d1b0cf278762","block_type":"box","text":"an environmental or","page_number":9,"box":{"x":47,"y":277,"width":133,"height":8}},{"id":"9a8693ce-8a05-4a17-8dca-245f37f31ef1","block_type":"box","text":"social objective,","page_number":9,"box":{"x":47,"y":289,"width":132,"height":10}},{"id":"622fdc1f-8667-4be2-97a6-4bee79eb90e7","block_type":"box","text":"provided that the","page_number":9,"box":{"x":47,"y":302,"width":133,"height":10}},{"id":"af982cb5-1a13-4158-a94b-d1edb18efaaf","block_type":"box","text":"investment does not","page_number":9,"box":{"x":47,"y":314,"width":133,"height":8}},{"id":"24951959-41eb-45a6-be45-77345b9b673d","block_type":"box","text":"significantly harm","page_number":9,"box":{"x":47,"y":326,"width":132,"height":10}},{"id":"f2c844c8-cae3-4b1a-b8b7-3e1b6c0bca00","block_type":"box","text":"any environmental","page_number":9,"box":{"x":47,"y":339,"width":132,"height":10}},{"id":"313698b0-eb2f-47bb-8601-3428cf2ccb4a","block_type":"box","text":"or social objective","page_number":9,"box":{"x":47,"y":351,"width":133,"height":10}},{"id":"c3390b20-bd41-49de-be42-c817cd3332f4","block_type":"box","text":"and that the","page_number":9,"box":{"x":47,"y":363,"width":133,"height":8}},{"id":"d8602e88-5c51-4e5e-83d3-117976b31faa","block_type":"box","text":"investee companies","page_number":9,"box":{"x":47,"y":375,"width":133,"height":10}},{"id":"0d617959-7143-4969-b4e7-a7a0465be49e","block_type":"box","text":"follow good","page_number":9,"box":{"x":47,"y":388,"width":132,"height":10}},{"id":"0fc66e9a-1872-4ed7-8782-2277c2d7981e","block_type":"box","text":"governance","page_number":9,"box":{"x":47,"y":402,"width":78,"height":8}},{"id":"f6065d70-b647-4406-8b4d-1670a2eec207","block_type":"box","text":"practices.","page_number":9,"box":{"x":47,"y":412,"width":63,"height":10}},{"id":"faaaa367-c3ab-450c-b07f-c02e8ae6d32d","block_type":"box","text":"Product name","page_number":9,"box":{"x":220,"y":216,"width":121,"height":9}},{"id":"ccbd4c20-28f5-4c39-8430-65480114c53e","block_type":"box","text":": State Street SPDR","page_number":9,"box":{"x":343,"y":216,"width":181,"height":9}},{"id":"8be75bb7-74bc-4e6f-82d8-21bf1bce49bf","block_type":"box","text":"Bloomberg U.S. High Yield Corporate","page_number":9,"box":{"x":220,"y":229,"width":304,"height":12}},{"id":"0f0fa6b0-7eb4-45f5-9d8b-511427e8e56c","block_type":"box","text":"Scored UCITS ETF (the “Fund”)","page_number":9,"box":{"x":220,"y":243,"width":236,"height":11}},{"id":"72ebe0ed-c846-44b8-89bb-b6cff79456fc","block_type":"box","text":"Legal entity identifier","page_number":9,"box":{"x":595,"y":216,"width":168,"height":11}},{"id":"6bade433-ea44-4f29-9d7f-d85517905603","block_type":"box","text":": 549300TT5VW373IGI142","page_number":9,"box":{"x":764,"y":216,"width":199,"height":9}},{"id":"b1e7da0a-945d-446a-9c36-f89ac857689c","block_type":"box","text":"Environmental and/or social characteristics","page_number":9,"box":{"x":366,"y":267,"width":458,"height":11}},{"id":"7324f565-f22e-4c0b-b5f9-b9391943b917","block_type":"box","text":"Does this financial product have a sustainable investment objective?","page_number":9,"box":{"x":220,"y":311,"width":549,"height":11}},{"id":"6c3a8804-18d2-45dd-aac5-a81b9db4a2f6","block_type":"box","text":"☐","page_number":9,"box":{"x":272,"y":340,"width":10,"height":7}},{"id":"9baa6d91-6c1d-4700-a9fd-0df8d7041a51","block_type":"box","text":"Yes","page_number":9,"box":{"x":316,"y":340,"width":26,"height":8}},{"id":"cf51221a-e262-4fa9-90b8-ca927113f978","block_type":"box","text":"☒","page_number":9,"box":{"x":590,"y":340,"width":11,"height":7}},{"id":"3471b2b3-c101-448c-a057-71224b2105e1","block_type":"box","text":"No","page_number":9,"box":{"x":635,"y":340,"width":19,"height":8}},{"id":"24ca8ab4-2702-44b2-930a-a3880c298241","block_type":"box","text":"☐","page_number":9,"box":{"x":220,"y":381,"width":11,"height":8}},{"id":"37ed5fb6-4c57-4410-9620-e10c38a4faca","block_type":"box","text":"It will make a minimum of","page_number":9,"box":{"x":263,"y":379,"width":173,"height":8}},{"id":"bc971910-c348-47fa-b362-85221950ddf6","block_type":"box","text":"sustainable","page_number":9,"box":{"x":441,"y":379,"width":83,"height":8}},{"id":"1d3afbea-414f-4326-84ac-b8d235de04f3","block_type":"box","text":"investments with an environmental","page_number":9,"box":{"x":263,"y":392,"width":260,"height":8}},{"id":"22c3f901-81db-4e33-a2e2-a5ddb6c0be6d","block_type":"box","text":"objective","page_number":9,"box":{"x":262,"y":404,"width":65,"height":10}},{"id":"b5717cda-82c9-4a60-aa0b-26bdd5629e6d","block_type":"box","text":": ___%","page_number":9,"box":{"x":329,"y":404,"width":45,"height":9}},{"id":"c906bc4b-15da-4215-9e0b-a983601aeec4","block_type":"box","text":"☐","page_number":9,"box":{"x":543,"y":381,"width":11,"height":8}},{"id":"9cf1f4ca-7180-461b-81ec-cf4e2447eaa3","block_type":"box","text":"It promotes Environmental/ Social (E/S)","page_number":9,"box":{"x":589,"y":379,"width":374,"height":10}},{"id":"cf3760e3-62a1-4040-a125-a4db80c93f1c","block_type":"box","text":"characteristics","page_number":9,"box":{"x":589,"y":392,"width":106,"height":8}},{"id":"359e536b-fb32-425e-8de9-9a8ff09a046e","block_type":"box","text":"and while it does not have as its","page_number":9,"box":{"x":706,"y":392,"width":257,"height":8}},{"id":"3c1edd79-8881-4470-922a-6c20b9e463c6","block_type":"box","text":"objective a sustainable investment, it will have a","page_number":9,"box":{"x":589,"y":404,"width":375,"height":10}},{"id":"5e1077d7-9772-4940-9e93-be8b2d1c27f3","block_type":"box","text":"minimum proportion of 0% of sustainable investments","page_number":9,"box":{"x":589,"y":416,"width":358,"height":10}},{"id":"4c7ad6cd-2133-46f8-b38e-b9e0b78c4d18","block_type":"box","text":"The","page_number":9,"box":{"x":47,"y":448,"width":25,"height":8}},{"id":"6916ea9b-ab9c-48bc-9d23-b1ba6e869ca8","block_type":"box","text":"EU Taxonomy","page_number":9,"box":{"x":79,"y":448,"width":101,"height":10}},{"id":"fc33e2af-04bc-4eff-97f8-754e20bb0744","block_type":"box","text":"is a classification","page_number":9,"box":{"x":47,"y":460,"width":132,"height":8}},{"id":"a908dd2d-41bd-4e97-b321-946fbcfc2fc9","block_type":"box","text":"system laid down in","page_number":9,"box":{"x":47,"y":472,"width":132,"height":10}},{"id":"10bde524-50d3-4ac9-8d08-6e7cf1293d37","block_type":"box","text":"Regulation (EU)","page_number":9,"box":{"x":48,"y":485,"width":131,"height":10}},{"id":"e8ca94ed-ee1d-4b01-88bc-a4195e8ef8aa","block_type":"box","text":"2020/852,","page_number":9,"box":{"x":47,"y":497,"width":66,"height":9}},{"id":"2b580bae-8e4f-414b-bd24-3e720b936c16","block_type":"box","text":"establishing a list of","page_number":9,"box":{"x":47,"y":509,"width":133,"height":10}},{"id":"5895e6a4-faaf-4dd6-920b-036af2353e84","block_type":"box","text":"environmentally","page_number":9,"box":{"x":47,"y":521,"width":115,"height":10}},{"id":"bda809c8-8720-4a3f-b98d-8cda07ba234d","block_type":"box","text":"sustainable","page_number":9,"box":{"x":47,"y":534,"width":82,"height":8}},{"id":"431648f8-6735-4378-aee8-e44fcfbadbc4","block_type":"box","text":"economic","page_number":9,"box":{"x":47,"y":546,"width":70,"height":8}},{"id":"bc3819fc-6e3f-4a82-8fb1-4b15dd03e067","block_type":"box","text":"activities","page_number":9,"box":{"x":47,"y":558,"width":64,"height":8}},{"id":"73993137-9059-4ba8-8a62-ee3f6aa60baa","block_type":"box","text":". That","page_number":9,"box":{"x":113,"y":558,"width":67,"height":8}},{"id":"94a76af0-fa38-44b8-abb8-01d9774cc4f1","block_type":"box","text":"Regulation does not","page_number":9,"box":{"x":48,"y":571,"width":132,"height":10}},{"id":"0dfb6cd0-6493-45fd-a4b0-f044d2fa8810","block_type":"box","text":"lay down a list of","page_number":9,"box":{"x":47,"y":583,"width":133,"height":10}},{"id":"833e4273-d74a-4943-b277-41fc981e6ec5","block_type":"box","text":"socially sustainable","page_number":9,"box":{"x":47,"y":595,"width":133,"height":10}},{"id":"eaffd86a-decb-4170-9ad8-028c612b7b8d","block_type":"box","text":"economic activities.","page_number":9,"box":{"x":47,"y":608,"width":132,"height":7}},{"id":"53be5597-d512-4c1e-ac24-940359316f7b","block_type":"box","text":"Sustainable","page_number":9,"box":{"x":47,"y":620,"width":78,"height":8}},{"id":"fbfb9ea2-949c-45bf-ae98-456715663dd5","block_type":"box","text":"investments with an","page_number":9,"box":{"x":47,"y":632,"width":132,"height":8}},{"id":"d47b203a-d0fc-435e-bb2e-0864992767b7","block_type":"box","text":"environmental","page_number":9,"box":{"x":47,"y":644,"width":94,"height":8}},{"id":"159cc566-b045-4cf1-9a6d-948bc361cca1","block_type":"box","text":"objective might be","page_number":9,"box":{"x":47,"y":657,"width":133,"height":10}},{"id":"53eb62ac-e8ef-43c8-88db-a877bb0c809a","block_type":"box","text":"aligned with the","page_number":9,"box":{"x":47,"y":669,"width":133,"height":10}},{"id":"3f97a59e-0a03-4293-ae86-3ae1498d746f","block_type":"box","text":"Taxonomy or not","page_number":9,"box":{"x":47,"y":682,"width":113,"height":10}},{"id":"486884ae-bd33-4e7d-b98e-0ef3dc451b61","block_type":"box","text":".","page_number":9,"box":{"x":162,"y":689,"width":1,"height":1}},{"id":"86171ec7-b82b-417f-b2c7-f5f2b61caced","block_type":"box","text":"☐","page_number":9,"box":{"x":263,"y":435,"width":11,"height":8}},{"id":"256b7036-a118-41cd-8a70-d5edb8511c27","block_type":"box","text":"in economic activities that","page_number":9,"box":{"x":302,"y":434,"width":222,"height":8}},{"id":"1cd0e541-0fc0-4dce-adfa-568700e51254","block_type":"box","text":"qualify as environmentally","page_number":9,"box":{"x":301,"y":447,"width":223,"height":12}},{"id":"e5a79baa-d892-492c-a031-25ae94e0e8aa","block_type":"box","text":"sustainable under the EU","page_number":9,"box":{"x":301,"y":461,"width":222,"height":9}},{"id":"79cf1d2a-81cd-4934-b79d-751007e39121","block_type":"box","text":"Taxonomy","page_number":9,"box":{"x":301,"y":475,"width":78,"height":11}},{"id":"f11ef7c7-e26d-41de-8f24-6705f4bb50eb","block_type":"box","text":"☐","page_number":9,"box":{"x":604,"y":435,"width":10,"height":8}},{"id":"01124282-69ae-44f4-9f3b-3a5aafcf3851","block_type":"box","text":"with an environmental objective in economic","page_number":9,"box":{"x":634,"y":434,"width":329,"height":11}},{"id":"badabe7e-0afe-46bf-a510-2561f4d4f71f","block_type":"box","text":"activities that qualify as environmentally","page_number":9,"box":{"x":634,"y":447,"width":329,"height":12}},{"id":"a17ddb14-5d94-4dad-9c4e-bc7cb902cd7d","block_type":"box","text":"sustainable under the EU Taxonomy","page_number":9,"box":{"x":634,"y":461,"width":271,"height":11}},{"id":"5445cc9b-2abc-4de6-a057-5da804703208","block_type":"box","text":"☐","page_number":9,"box":{"x":263,"y":497,"width":11,"height":7}},{"id":"81842739-eef5-46cf-a458-22d3ce534128","block_type":"box","text":"in economic activities that do","page_number":9,"box":{"x":302,"y":496,"width":221,"height":8}},{"id":"a4d7224a-8f1e-4033-8908-ac31244e3394","block_type":"box","text":"not qualify as environmentally","page_number":9,"box":{"x":302,"y":509,"width":222,"height":11}},{"id":"4fe8a56e-55e5-4277-8320-c0b27c88c247","block_type":"box","text":"sustainable under the EU","page_number":9,"box":{"x":301,"y":523,"width":222,"height":9}},{"id":"c0d8bcaa-ba38-4f3b-853b-c0220f0f7002","block_type":"box","text":"Taxonomy","page_number":9,"box":{"x":301,"y":537,"width":78,"height":11}},{"id":"ed2764cc-d147-45fb-9004-b4598d7e262a","block_type":"box","text":"☐","page_number":9,"box":{"x":604,"y":497,"width":10,"height":7}},{"id":"629f5b17-48b9-4128-a201-1231e4add068","block_type":"box","text":"with an environmental objective in economic","page_number":9,"box":{"x":634,"y":496,"width":329,"height":10}},{"id":"2c006aa8-eb02-4d22-b113-03e0e2a4c561","block_type":"box","text":"activities that do not qualify as","page_number":9,"box":{"x":634,"y":509,"width":329,"height":11}},{"id":"f9faed04-a9a5-496f-bf8e-293824fbe33e","block_type":"box","text":"environmentally sustainable under the EU","page_number":9,"box":{"x":634,"y":523,"width":328,"height":11}},{"id":"d6fb5901-6e5d-4bff-b4f8-01c3b0f4f46f","block_type":"box","text":"Taxonomy","page_number":9,"box":{"x":634,"y":537,"width":78,"height":11}},{"id":"b529c640-03d5-404c-92f6-874c66bb1e38","block_type":"box","text":"☐","page_number":9,"box":{"x":604,"y":565,"width":10,"height":8}},{"id":"b3be54b5-f740-4495-8c05-d588b5466016","block_type":"box","text":"with a social objective","page_number":9,"box":{"x":634,"y":564,"width":161,"height":11}},{"id":"99386252-da90-48b9-8673-5ca469a6ef29","block_type":"box","text":"☐","page_number":9,"box":{"x":220,"y":602,"width":11,"height":7}},{"id":"d071ae15-24f2-467e-b5f6-ca5102892dad","block_type":"box","text":"It will make a minimum of","page_number":9,"box":{"x":263,"y":600,"width":173,"height":8}},{"id":"5bfeaa8d-88f9-40f6-8b94-a8c8c159c9a3","block_type":"box","text":"sustainable","page_number":9,"box":{"x":441,"y":600,"width":83,"height":8}},{"id":"f48a268c-8379-4854-bb21-b3740d7007cf","block_type":"box","text":"investments with a social objective:","page_number":9,"box":{"x":263,"y":612,"width":260,"height":10}},{"id":"173dc708-43ea-4e51-9e72-962824ca88fe","block_type":"box","text":"___%","page_number":9,"box":{"x":262,"y":625,"width":38,"height":9}},{"id":"784cafc7-410b-4d52-bcb3-378278e4bcfb","block_type":"box","text":"☒","page_number":9,"box":{"x":544,"y":601,"width":11,"height":8}},{"id":"e449d1b4-a316-435a-8d1a-38f881679715","block_type":"box","text":"It promotes E/S characteristics, but","page_number":9,"box":{"x":590,"y":600,"width":239,"height":10}},{"id":"e4d0fde5-17e2-4050-904f-a5f8c854b0b8","block_type":"box","text":"will not make any","page_number":9,"box":{"x":835,"y":600,"width":129,"height":10}},{"id":"37b1f807-bcdb-49a2-b113-466b392cbc9b","block_type":"box","text":"sustainable investments","page_number":9,"box":{"x":589,"y":612,"width":175,"height":8}},{"id":"1811d846-b166-47b2-bf7b-34d6e0713e63","block_type":"box","text":"What environmental and/or social characteristics are promoted by this financial product?","page_number":9,"box":{"x":224,"y":680,"width":712,"height":11}},{"id":"c8114478-b6f0-4515-b69d-9a092ab4b395","block_type":"box","text":"The environmental and social factors promoted by the Fund are those which contribute to the R-Factor","page_number":9,"box":{"x":224,"y":700,"width":677,"height":11}},{"id":"bff57d05-6b24-43e1-a44d-d19ed7363462","block_type":"box","text":"™","page_number":9,"box":{"x":903,"y":700,"width":11,"height":5}},{"id":"1de77895-22d2-4dd0-aa6b-ab780e0d27b1","block_type":"box","text":"scores","page_number":9,"box":{"x":920,"y":703,"width":44,"height":5}},{"id":"72f326c1-8a14-42ce-a710-f7140cee5862","block_type":"box","text":"applied to index constituents including the Bloomberg SASB Scored US Corporate High Yield Ex-Controversies","page_number":9,"box":{"x":224,"y":713,"width":739,"height":10}},{"id":"ac0b67e9-fdda-444a-a8dd-b37ffe4fde72","block_type":"box","text":"Select Index (the \"Index\"), which are a function of an assessment and rating by the Index provider of various","page_number":9,"box":{"x":224,"y":725,"width":739,"height":10}},{"id":"cd42d02f-1d1c-4562-bc0f-2ac2e1b00dfe","block_type":"box","text":"environmental, social and governance characteristics for companies in the index universe.","page_number":9,"box":{"x":224,"y":737,"width":600,"height":10}},{"id":"a1acf395-68d5-4dd4-a93a-ce2f99369a85","block_type":"box","text":"For more information on R-Factor","page_number":9,"box":{"x":225,"y":750,"width":223,"height":8}},{"id":"618b4eae-e650-4d52-a806-8318ddfdc277","block_type":"box","text":"™","page_number":9,"box":{"x":450,"y":750,"width":11,"height":4}},{"id":"a60458e7-338c-49fa-84ab-7ad9c98421b3","block_type":"box","text":"scores, please refer to the SSGA website:","page_number":9,"box":{"x":468,"y":750,"width":279,"height":10}},{"id":"c7d91860-a63f-433c-bc75-ed4b5d7362a2","block_type":"box","text":"https://www.ssga.com/uk/en_gb/intermediary/ic/capabilities/esg/data-scoring/r-factor-transparent-esg","page_number":9,"box":{"x":225,"y":762,"width":678,"height":10}},{"id":"a7e26062-485c-4ef5-9cc5-b3bc0da9ab17","block_type":"box","text":"scoring#:~:text=R%2DFactor%E2%84%A2%20is%20the,materiality%20in%20the%20scoring%20process","page_number":9,"box":{"x":224,"y":774,"width":709,"height":10}},{"id":"c3e2e205-3304-4b5c-a36e-2e74f1cd4bc0","block_type":"box","text":".","page_number":9,"box":{"x":935,"y":781,"width":1,"height":1}},{"id":"bcaf9766-1cb3-41a0-9203-ac95c8cf005b","block_type":"box","text":"In addition, the Index excludes issuers that are tagged with extreme event controversies, controversial weapons,","page_number":9,"box":{"x":225,"y":787,"width":738,"height":10}},{"id":"1440009e-4797-41ad-afc1-162b07222f07","block_type":"box","text":"United Nations Global Compact principles (“UNGC”) violations, civilian firearms, thermal coal extraction and","page_number":9,"box":{"x":225,"y":799,"width":738,"height":10}},{"id":"97979ce3-a1ab-4df7-a5d4-62888b0dac9a","block_type":"box","text":"power generation, oil sands extractions,artic oil and gas exploration, and tobacco companies.","page_number":9,"box":{"x":225,"y":811,"width":620,"height":10}},{"id":"659086e6-7ff1-41f2-8ae7-362902178117","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF","page_number":10,"box":{"x":38,"y":44,"width":544,"height":11}},{"id":"5d37edbd-b000-4c5d-931b-1e6ba75f66d4","block_type":"box","text":"10","page_number":10,"box":{"x":945,"y":935,"width":16,"height":7}},{"id":"8375db78-2537-49ba-b7f4-31b29eab1152","block_type":"box","text":"Sustainability","page_number":10,"box":{"x":47,"y":92,"width":98,"height":10}},{"id":"5a6c429e-54ba-469e-8bf6-ca6f92ea193c","block_type":"box","text":"indicators","page_number":10,"box":{"x":48,"y":105,"width":70,"height":8}},{"id":"48a209c7-1b7f-4af3-b4b7-7793e1ed09d6","block_type":"box","text":"measure","page_number":10,"box":{"x":136,"y":107,"width":57,"height":6}},{"id":"28a162ef-9781-4d33-b052-7f29e12ca4c7","block_type":"box","text":"how the","page_number":10,"box":{"x":47,"y":117,"width":146,"height":8}},{"id":"4f430d0a-0e4d-4466-bef9-62dcb193f0e8","block_type":"box","text":"environmental or","page_number":10,"box":{"x":47,"y":129,"width":147,"height":8}},{"id":"8d15f155-d2ae-41d7-ba33-e9caa4e4c3af","block_type":"box","text":"social characteristics","page_number":10,"box":{"x":47,"y":142,"width":146,"height":7}},{"id":"11a32a8b-ce56-4f5d-a337-c736a7a5c143","block_type":"box","text":"promoted by the","page_number":10,"box":{"x":47,"y":154,"width":146,"height":10}},{"id":"3f686e32-ecdb-4516-9953-455a0f3684fa","block_type":"box","text":"financial product are","page_number":10,"box":{"x":47,"y":166,"width":146,"height":10}},{"id":"3a910341-ff1d-405d-b620-a3f6f8fbe067","block_type":"box","text":"attained.","page_number":10,"box":{"x":47,"y":179,"width":56,"height":7}},{"id":"22ec5e24-240d-4745-afa8-efe569bfe2ee","block_type":"box","text":"What sustainability indicators are used to measure the attainment of each of the environmental","page_number":10,"box":{"x":274,"y":85,"width":691,"height":10}},{"id":"dee28ad4-aaae-4023-8e05-a6e39b46f59c","block_type":"box","text":"or social characteristics promoted by this financial product?","page_number":10,"box":{"x":273,"y":97,"width":435,"height":11}},{"id":"27610c82-b32f-4134-b531-25a06a2c8ae9","block_type":"box","text":"The sustainability indicators used to measure the attainment of each of the environmental or social","page_number":10,"box":{"x":272,"y":117,"width":691,"height":10}},{"id":"25c89685-b7ad-47bb-9f68-5641bc8c2125","block_type":"box","text":"characteristics promoted by this Fund are based on the Index, which optimises an ESG rating that is","page_number":10,"box":{"x":272,"y":129,"width":691,"height":10}},{"id":"fd2c39d8-6bec-4aab-8e6f-fba9212e3a02","block_type":"box","text":"constituted by a “responsibility factor” (“R-Factor","page_number":10,"box":{"x":272,"y":141,"width":319,"height":11}},{"id":"b98b85a9-1ff9-48f1-bcbe-829c517d8f78","block_type":"box","text":"™","page_number":10,"box":{"x":592,"y":142,"width":12,"height":4}},{"id":"4262b8fc-55ff-432a-a172-28b2194f4ef4","block_type":"box","text":"”).The R-Factor approaches ESG scoring by capturing","page_number":10,"box":{"x":606,"y":141,"width":357,"height":11}},{"id":"5d257e26-8598-4aa9-93eb-5c435e844d8f","block_type":"box","text":"the full spectrum of “financially material” metrics to isolate long-term sustainability drivers of value across","page_number":10,"box":{"x":272,"y":154,"width":691,"height":10}},{"id":"1fb6b990-19f3-421a-bb9d-23d99b1632de","block_type":"box","text":"environmental, human capital, social capital, business model, leadership and corporate governance","page_number":10,"box":{"x":272,"y":166,"width":691,"height":10}},{"id":"1eaaedc8-4b50-4926-a066-be204fb388fb","block_type":"box","text":"dimensions.","page_number":10,"box":{"x":272,"y":179,"width":79,"height":7}},{"id":"86807db6-5c44-4998-85ba-2699b836a65c","block_type":"box","text":"The scoring methodology systematically integrates best-in-class data, transparent sustainability","page_number":10,"box":{"x":272,"y":198,"width":691,"height":10}},{"id":"abf5295c-6087-461a-b303-65cf5b2aa34b","block_type":"box","text":"framework and financial materiality across industries to define one R-Factor score for every company.","page_number":10,"box":{"x":272,"y":210,"width":677,"height":10}},{"id":"147400f8-47fd-40a1-b623-50bca29d3ed0","block_type":"box","text":"What are the objectives of the sustainable investments that the financial product partially intends","page_number":10,"box":{"x":264,"y":249,"width":709,"height":10}},{"id":"7ae9a13a-d17e-43dc-aa6e-5c1167aaac75","block_type":"box","text":"to make and how does the sustainable investment contribute to such objectives?","page_number":10,"box":{"x":263,"y":261,"width":584,"height":10}},{"id":"92402908-bd1d-4b41-9172-958a28486990","block_type":"box","text":"The Fund does not commit to investing in sustainable investments.","page_number":10,"box":{"x":262,"y":281,"width":445,"height":10}},{"id":"4ec785e8-475e-46e3-8ef4-cbd76bb176f9","block_type":"box","text":"How do the sustainable investments that the financial product partially intends to","page_number":10,"box":{"x":286,"y":335,"width":650,"height":11}},{"id":"f2b12753-5af8-4046-a0a9-632c7c0bdb1d","block_type":"box","text":"make, not cause significant harm to any environmental or social sustainable","page_number":10,"box":{"x":286,"y":348,"width":650,"height":11}},{"id":"09b33fdb-acf3-4c0d-a8d2-4ac2a16d990f","block_type":"box","text":"investment objective?","page_number":10,"box":{"x":286,"y":362,"width":176,"height":11}},{"id":"539f7829-7d73-459d-8e91-b3d5d34fdcc9","block_type":"box","text":"Not applicable","page_number":10,"box":{"x":338,"y":382,"width":94,"height":10}},{"id":"879014b7-b92a-4d13-a143-7e5e82189b68","block_type":"box","text":"How have the indicators for adverse impacts on sustainability factors been taken into","page_number":10,"box":{"x":343,"y":409,"width":593,"height":10}},{"id":"b9272c0d-81b3-4a0a-a509-a0256d5e9ce5","block_type":"box","text":"account?","page_number":10,"box":{"x":342,"y":421,"width":62,"height":8}},{"id":"2ea31373-7dab-4277-a8c2-7800b93cbd3e","block_type":"box","text":"Principal adverse","page_number":10,"box":{"x":24,"y":438,"width":172,"height":11}},{"id":"2bfc6892-d13c-4d44-8278-768c9a7d5062","block_type":"box","text":"Not applicable","page_number":10,"box":{"x":343,"y":441,"width":94,"height":9}},{"id":"3633a6ab-f3be-47d7-ac54-c69413222594","block_type":"box","text":"impacts","page_number":10,"box":{"x":24,"y":452,"width":61,"height":11}},{"id":"87130a2f-5f48-42e7-af8f-1a071c992326","block_type":"box","text":"are the most","page_number":10,"box":{"x":95,"y":452,"width":101,"height":9}},{"id":"f81e0a51-1123-4efd-ac35-cd14b79b0844","block_type":"box","text":"significant negative","page_number":10,"box":{"x":23,"y":465,"width":173,"height":12}},{"id":"fd018621-4a00-4e20-8d1f-26fdd67a6d65","block_type":"box","text":"impacts of","page_number":10,"box":{"x":24,"y":479,"width":172,"height":11}},{"id":"1acea55b-e1ac-4679-8437-963c8dc84089","block_type":"box","text":"investment decisions","page_number":10,"box":{"x":24,"y":493,"width":172,"height":8}},{"id":"0bfb76d5-92ab-4627-959c-e689b098154c","block_type":"box","text":"on sustainability factors","page_number":10,"box":{"x":23,"y":506,"width":173,"height":12}},{"id":"6964fae8-c766-4018-8a83-5389deeb3173","block_type":"box","text":"relating to","page_number":10,"box":{"x":24,"y":520,"width":172,"height":11}},{"id":"f69950b5-3d14-4922-8343-7bdd517e7d9a","block_type":"box","text":"environmental, social","page_number":10,"box":{"x":23,"y":534,"width":172,"height":10}},{"id":"db28d183-2cea-4c29-9db4-d291da0eb842","block_type":"box","text":"and employee","page_number":10,"box":{"x":23,"y":548,"width":173,"height":11}},{"id":"f7f80d05-34e8-4b82-b950-2c08c5ec682c","block_type":"box","text":"matters, respect for","page_number":10,"box":{"x":24,"y":561,"width":172,"height":11}},{"id":"a7ac6959-6ca2-44a3-bc71-699714e672d0","block_type":"box","text":"human rights, anti","page_number":10,"box":{"x":24,"y":575,"width":166,"height":11}},{"id":"63bea202-0a34-402a-bc68-33781d6a8e53","block_type":"box","text":"‐","page_number":10,"box":{"x":192,"y":580,"width":3,"height":1}},{"id":"62fe0237-7110-478d-b8c0-9030c6f93632","block_type":"box","text":"corruption and anti","page_number":10,"box":{"x":23,"y":589,"width":167,"height":11}},{"id":"96d3a904-caf1-4038-93e1-d9a9ba1d3154","block_type":"box","text":"‐","page_number":10,"box":{"x":192,"y":594,"width":3,"height":1}},{"id":"2809907b-faf8-4552-a7d1-ae87ed79ae2a","block_type":"box","text":"bribery matters.","page_number":10,"box":{"x":23,"y":603,"width":115,"height":11}},{"id":"17ea8fe9-0dee-4de9-b032-1fa1d4db8f1c","block_type":"box","text":"How are the sustainable investments aligned with the OECD Guidelines for Multinational","page_number":10,"box":{"x":343,"y":495,"width":594,"height":10}},{"id":"b1f5334d-77bf-4c9c-aaaf-504f5ebdff47","block_type":"box","text":"Enterprises and the UN Guiding Principles on Business and Human Rights? Details:","page_number":10,"box":{"x":343,"y":507,"width":561,"height":10}},{"id":"00dfdd64-1ca7-4512-a7f5-844f4308816f","block_type":"box","text":"Not applicable","page_number":10,"box":{"x":343,"y":527,"width":94,"height":10}},{"id":"8e2189f3-bba3-496e-ba75-cc5b89aab64d","block_type":"box","text":"The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy","page_number":10,"box":{"x":288,"y":623,"width":648,"height":12}},{"id":"c9c1977d-7d0d-4ea0-a497-1f9598c89cd5","block_type":"box","text":"aligned investments should not significantly harm EU Taxonomy objectives and is","page_number":10,"box":{"x":286,"y":637,"width":650,"height":11}},{"id":"93f03840-acd1-48ee-8e8f-aae74e78d20c","block_type":"box","text":"accompanied by specific EU criteria.","page_number":10,"box":{"x":286,"y":651,"width":269,"height":11}},{"id":"743a8928-ba2a-4a6b-adb1-55d3df3df26e","block_type":"box","text":"The “do no significant harm” principle applies only to those investments underlying the","page_number":10,"box":{"x":285,"y":671,"width":649,"height":12}},{"id":"38877261-d15b-43a9-a0e0-8bd5e84abdf8","block_type":"box","text":"financial product that take into account the EU criteria for environmentally sustainable","page_number":10,"box":{"x":285,"y":685,"width":649,"height":11}},{"id":"2489d0a6-1946-4951-85d8-98176f3930d5","block_type":"box","text":"economic activities. The investments underlying the remaining portion of this financial","page_number":10,"box":{"x":286,"y":699,"width":648,"height":11}},{"id":"0595ed01-7c7b-4c2d-aa22-00720bf38268","block_type":"box","text":"product do not take into account the EU criteria for environmentally sustainable economic","page_number":10,"box":{"x":286,"y":712,"width":649,"height":12}},{"id":"2c2378a1-dae0-46d1-9872-e52efe1ec106","block_type":"box","text":"activities.","page_number":10,"box":{"x":286,"y":726,"width":67,"height":9}},{"id":"becebb96-5d17-4ef9-8608-a3262d084928","block_type":"box","text":"Any other sustainable investments must also not significantly harm any environmental or","page_number":10,"box":{"x":285,"y":747,"width":652,"height":11}},{"id":"40b18624-d5d3-4535-b53e-0c4df6afb1a0","block_type":"box","text":"social objectives.","page_number":10,"box":{"x":286,"y":761,"width":125,"height":11}},{"id":"0072f2b9-aa22-4db0-904e-3e218b897fe9","block_type":"box","text":"Does this financial product consider principal adverse impacts on sustainability","page_number":10,"box":{"x":269,"y":800,"width":672,"height":11}},{"id":"0a1f27f9-76a6-42ee-a873-4655c2a249a6","block_type":"box","text":"factors?","page_number":10,"box":{"x":268,"y":813,"width":65,"height":9}},{"id":"960f05e7-9dc7-495a-9172-745f61578f12","block_type":"box","text":"Yes,","page_number":10,"box":{"x":306,"y":845,"width":30,"height":10}},{"id":"987dae81-acff-4c91-9243-ad25d6f1ff63","block_type":"box","text":"The Fund pursues a reduction of negative externalities caused by the underlying","page_number":10,"box":{"x":365,"y":866,"width":576,"height":10}},{"id":"c8d16ea5-0fee-4008-b380-33fae3ffe47c","block_type":"box","text":"investments and in that context considers Principal Adverse Impacts (PAI) on","page_number":10,"box":{"x":366,"y":878,"width":575,"height":10}},{"id":"c5136e05-60a4-40ec-af0b-8b98e49e395f","block_type":"box","text":"sustainability factors by applying norms based ESG screens within the index.","page_number":10,"box":{"x":365,"y":890,"width":575,"height":11}},{"id":"6d30d08b-9151-4b08-ada8-29bdfd91a067","block_type":"box","text":"","page_number":10,"box":{"x":274,"y":863,"width":11,"height":7}},{"id":"0a7979f4-37a0-43ed-9f72-0fe327694800","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF","page_number":11,"box":{"x":38,"y":44,"width":544,"height":11}},{"id":"54849aa9-4acc-4d45-8120-8ed734e6e827","block_type":"box","text":"11","page_number":11,"box":{"x":945,"y":935,"width":13,"height":7}},{"id":"f669b0a4-fe9c-45f2-a523-f209c2a6f9d0","block_type":"box","text":"Specifically, the Fund considers:","page_number":11,"box":{"x":366,"y":78,"width":214,"height":10}},{"id":"c795f5cb-3c1c-4fe8-907e-9e99f42a5b21","block_type":"box","text":"","page_number":11,"box":{"x":396,"y":101,"width":5,"height":4}},{"id":"2589efc1-52a2-460c-8ecb-8f1ed587cb5d","block_type":"box","text":"Violation of UNGC Principles","page_number":11,"box":{"x":426,"y":98,"width":192,"height":10}},{"id":"e369bb2a-9aa2-4f35-aa68-2a6bfe019b89","block_type":"box","text":"","page_number":11,"box":{"x":396,"y":114,"width":5,"height":4}},{"id":"c7f03166-3a46-4211-bbd5-6889d1b05710","block_type":"box","text":"Exposure to controversial weapons","page_number":11,"box":{"x":427,"y":111,"width":233,"height":10}},{"id":"74b67d42-54c7-4c0c-86e1-9165c4c1e8c1","block_type":"box","text":"Further information on the PAIs will be found in the Periodic Reports for the Fund.","page_number":11,"box":{"x":366,"y":124,"width":543,"height":10}},{"id":"77f95c23-c749-4858-806d-f9c3e23e02cc","block_type":"box","text":"No","page_number":11,"box":{"x":299,"y":164,"width":19,"height":8}},{"id":"11e02299-a061-4522-9583-92b547c16986","block_type":"box","text":"What investment strategy does this financial product follow?","page_number":11,"box":{"x":268,"y":196,"width":437,"height":10}},{"id":"9ea82057-ba67-44f6-b14c-7cd3820b9f30","block_type":"box","text":"The investment policy of the Fund is to track the performance of the Index (or any other index","page_number":11,"box":{"x":268,"y":215,"width":673,"height":10}},{"id":"bda595cf-4a60-4205-acd3-cbe7337af34b","block_type":"box","text":"determined by the Directors from time to time to track substantially the same market as the Index) as","page_number":11,"box":{"x":268,"y":228,"width":673,"height":10}},{"id":"6a023318-a884-4dbb-b681-584a19055efc","block_type":"box","text":"closely as possible while seeking to minimize as far as possible the tracking difference between the","page_number":11,"box":{"x":268,"y":240,"width":673,"height":10}},{"id":"98eb5649-4678-49f6-8ef9-eae2ee1a1619","block_type":"box","text":"Fund’s performance and that of the Index.","page_number":11,"box":{"x":269,"y":252,"width":279,"height":10}},{"id":"0f2a218a-88c0-41a7-8668-f20e76a60a8a","block_type":"box","text":"The Index is a high yield, fixed-rate, U.S. dollar-denominated benchmark that optimizes its R-Factor","page_number":11,"box":{"x":268,"y":272,"width":659,"height":10}},{"id":"e05caf62-7bda-4f35-8ea4-0bef680acfe2","block_type":"box","text":"™","page_number":11,"box":{"x":928,"y":272,"width":12,"height":4}},{"id":"6ce87df4-1099-4f1c-980b-f827005b8e24","block_type":"box","text":"score, an environmental, social and governance (\"ESG\") rating, provided by State Street Global","page_number":11,"box":{"x":268,"y":284,"width":673,"height":10}},{"id":"6bacfe36-a158-4f60-8b57-f62cac693a56","block_type":"box","text":"Advisors®. Based on the Bloomberg US Corporate High Yield Bond Index (the “U.S. HY Corporate","page_number":11,"box":{"x":268,"y":296,"width":673,"height":10}},{"id":"cd0432f2-891c-41a1-8998-6bd70b861749","block_type":"box","text":"Index”), the Index selects securities eligible for the U.S. HY Corporate Index, then aims to exclude","page_number":11,"box":{"x":269,"y":308,"width":672,"height":11}},{"id":"59a62105-040c-4363-8c71-54321f1d02cb","block_type":"box","text":"certain issuers based on their ESG characteristics considering both their ESG rating and their","page_number":11,"box":{"x":268,"y":321,"width":674,"height":10}},{"id":"91b152d3-5513-4c40-8a02-fd41bdb08a43","block_type":"box","text":"involvement in certain controversial business activities as outlined in the Index methodology.","page_number":11,"box":{"x":269,"y":333,"width":615,"height":10}},{"id":"56997793-79be-4903-82b3-9cd8c1a0e0cd","block_type":"box","text":"Then, the Index weights securities using an optimisation process, in order to seek to maximise the","page_number":11,"box":{"x":268,"y":353,"width":673,"height":10}},{"id":"9401e44d-096f-43e6-ba07-82b084ae5e10","block_type":"box","text":"portfolio ESG rating, while controlling for active total risk. The active total risk refers to the variation","page_number":11,"box":{"x":269,"y":365,"width":672,"height":10}},{"id":"5137e803-b2aa-4c35-8b0b-c365f58e32b1","block_type":"box","text":"between the Index and the U.S. HY Corporate Index.","page_number":11,"box":{"x":269,"y":377,"width":352,"height":10}},{"id":"815310ee-c08b-4c35-ab9c-3a133c8d2fe0","block_type":"box","text":"The Investment Manager and/or Sub-Investment Manager, on behalf of the Fund, invests using the","page_number":11,"box":{"x":268,"y":396,"width":673,"height":11}},{"id":"5c406167-6f54-4e6e-858b-68eb992de1da","block_type":"box","text":"stratified sampling strategy as further described in the \"Investment Objectives and Policies – Index","page_number":11,"box":{"x":268,"y":409,"width":673,"height":10}},{"id":"8445df53-66f4-44b9-a7a3-c124ab7ada6b","block_type":"box","text":"Tracking Funds\" section of the Prospectus, primarily in the securities of the Index, at all times in","page_number":11,"box":{"x":268,"y":421,"width":673,"height":10}},{"id":"3f7ebc60-b1c9-4772-880a-1e340ca4f71c","block_type":"box","text":"accordance with the Investment Restrictions set forth in the Prospectus.","page_number":11,"box":{"x":268,"y":433,"width":479,"height":10}},{"id":"427ad057-af77-4b73-9200-37e1ef486c89","block_type":"box","text":"The investment","page_number":11,"box":{"x":47,"y":474,"width":161,"height":8}},{"id":"dc4c969f-f29a-460c-9e03-35145353c096","block_type":"box","text":"strategy","page_number":11,"box":{"x":47,"y":487,"width":58,"height":9}},{"id":"63cfbf58-59fb-44c8-a41f-11454297674f","block_type":"box","text":"guides","page_number":11,"box":{"x":164,"y":487,"width":44,"height":10}},{"id":"f7fa2c27-9491-4f7b-bdf5-0be86f1b5a39","block_type":"box","text":"investment","page_number":11,"box":{"x":47,"y":499,"width":73,"height":8}},{"id":"fef16e48-c607-427b-967b-ba7dde59649b","block_type":"box","text":"decisions based on","page_number":11,"box":{"x":47,"y":511,"width":160,"height":8}},{"id":"183e3d58-2292-4b99-bb62-36fc1fe088e9","block_type":"box","text":"factors such as","page_number":11,"box":{"x":47,"y":523,"width":161,"height":8}},{"id":"e5b45d6e-33d5-4070-b231-3aace53b7220","block_type":"box","text":"investment","page_number":11,"box":{"x":47,"y":536,"width":73,"height":8}},{"id":"b9cacf47-2c43-4551-9fc8-4e567efe891d","block_type":"box","text":"objectives and risk","page_number":11,"box":{"x":47,"y":548,"width":161,"height":10}},{"id":"d8797c79-012e-4dc2-8545-28f9e6940063","block_type":"box","text":"tolerance.","page_number":11,"box":{"x":47,"y":560,"width":65,"height":8}},{"id":"30510678-6715-4789-b4be-33a3529e222f","block_type":"box","text":"What are the binding elements of the investment strategy used to select the investments","page_number":11,"box":{"x":304,"y":453,"width":638,"height":10}},{"id":"71443a5f-7e94-4bdc-ab83-bc2ceb464f3a","block_type":"box","text":"to attain each of the environmental or social characteristics promoted by this financial","page_number":11,"box":{"x":303,"y":465,"width":640,"height":10}},{"id":"22f43da7-026d-4d98-9744-34080176ea79","block_type":"box","text":"product?","page_number":11,"box":{"x":302,"y":477,"width":66,"height":10}},{"id":"6e936b75-87ef-423c-a758-dfc9f7bd7d24","block_type":"box","text":"The investment policy of the Fund is to track the performance of the Index. At least 90% of the","page_number":11,"box":{"x":302,"y":497,"width":639,"height":10}},{"id":"1ee2541e-7a86-4933-8035-aa0b4fe318ec","block_type":"box","text":"Fund’s assets are invested in securities that are constituents of the Index, while the Index","page_number":11,"box":{"x":303,"y":509,"width":638,"height":9}},{"id":"9fce0a90-a6bc-4799-adf9-6bc5e5b0dfcb","block_type":"box","text":"provider applies ESG ratings on all the Index constituents.","page_number":11,"box":{"x":303,"y":521,"width":386,"height":10}},{"id":"9916baf7-9724-41f3-a946-f5a3c1aa0804","block_type":"box","text":"Environmental and social characteristics are promoted via the adoption of screens to exclude","page_number":11,"box":{"x":303,"y":541,"width":638,"height":10}},{"id":"63c14da6-ed3a-4fea-8274-235731b0e8bc","block_type":"box","text":"securities related to certain sectors, companies or practices, based on specific ESG criteria, and","page_number":11,"box":{"x":302,"y":553,"width":639,"height":10}},{"id":"9fd01dbb-dc28-4896-ae93-ec89918cbc9d","block_type":"box","text":"best in class based on ESG performance relative to investment universes and/or industry peers","page_number":11,"box":{"x":303,"y":565,"width":638,"height":10}},{"id":"7f39d8e8-8d27-41b3-96a6-2b897d4a6182","block_type":"box","text":"when assessed against objective criteria within the Index..","page_number":11,"box":{"x":302,"y":578,"width":387,"height":10}},{"id":"2860fd98-82c9-43e2-81d3-1e84ed83decb","block_type":"box","text":"What is the committed minimum rate to reduce the scope of the investments considered","page_number":11,"box":{"x":304,"y":611,"width":639,"height":10}},{"id":"a7582d0e-618f-496d-bccf-c122fd10914e","block_type":"box","text":"prior to the application of that investment strategy?","page_number":11,"box":{"x":302,"y":623,"width":371,"height":10}},{"id":"07c6ff56-055f-4fda-a372-51d0f24e6862","block_type":"box","text":"The Fund excludes investments in issuers as set out in the investment strategy and binding","page_number":11,"box":{"x":302,"y":648,"width":609,"height":10}},{"id":"7c3d6469-4ff9-4ef0-a332-b807eec6dbb8","block_type":"box","text":"requirements outlined above, however the Fund does not have a committed minimum rate to","page_number":11,"box":{"x":303,"y":660,"width":617,"height":10}},{"id":"d51becdc-2b45-4447-a384-1fd6c0f75f75","block_type":"box","text":"reduce the scope of investments.","page_number":11,"box":{"x":303,"y":672,"width":220,"height":10}},{"id":"444d29f9-e879-4ca4-ac45-afd39c527fad","block_type":"box","text":"Good governance","page_number":11,"box":{"x":47,"y":692,"width":161,"height":10}},{"id":"03a66c2e-c0dd-44d1-8b39-e7b4678311e6","block_type":"box","text":"practices include","page_number":11,"box":{"x":47,"y":704,"width":161,"height":10}},{"id":"c5abd06f-05dd-4229-9818-97976a09117c","block_type":"box","text":"sound management","page_number":11,"box":{"x":47,"y":716,"width":161,"height":10}},{"id":"716f4f96-9ae9-4be6-9ea8-703c877ee605","block_type":"box","text":"structures,","page_number":11,"box":{"x":47,"y":729,"width":69,"height":9}},{"id":"3d112e16-0198-4b30-81c6-0c0f386facad","block_type":"box","text":"employee relations,","page_number":11,"box":{"x":47,"y":741,"width":160,"height":10}},{"id":"901b0fbf-b363-42c2-b0e5-5cec053126f4","block_type":"box","text":"remuneration of","page_number":11,"box":{"x":48,"y":753,"width":160,"height":8}},{"id":"5141d786-72ba-4640-a1e3-07bf4e1cbe48","block_type":"box","text":"staff and tax","page_number":11,"box":{"x":47,"y":765,"width":161,"height":8}},{"id":"0ed1e45b-91d1-4e72-9de3-8b9e48383702","block_type":"box","text":"compliance.","page_number":11,"box":{"x":47,"y":778,"width":79,"height":10}},{"id":"6e1808ae-52c1-4c49-be5e-9afaed5e87f7","block_type":"box","text":"What is the policy to assess good governance practices of the investee companies?","page_number":11,"box":{"x":304,"y":692,"width":604,"height":10}},{"id":"0bdc5ffa-d1b5-4002-ac16-c69a557d028a","block_type":"box","text":"Companies deemed not in violation by the Index provider of the UNGC principles are considered","page_number":11,"box":{"x":302,"y":711,"width":639,"height":10}},{"id":"332e52b8-90f0-4b8a-8a1c-44fca819ce91","block_type":"box","text":"to exhibit good governance. For information on the methodologies used in the construction of the","page_number":11,"box":{"x":302,"y":723,"width":639,"height":10}},{"id":"3c162fba-39fe-41eb-8d56-4a3f8b32d137","block_type":"box","text":"Index and further information on the exclusion criteria and data sources, please refer to","page_number":11,"box":{"x":303,"y":736,"width":638,"height":10}},{"id":"c1c19a13-f146-4a56-9dea-0e8617bbf352","block_type":"box","text":"Bloomberg’s index methodology description which can be found at the following link:","page_number":11,"box":{"x":303,"y":748,"width":561,"height":10}},{"id":"f950de3c-0596-4942-bac3-3d2e8a209dc6","block_type":"box","text":"https://www.bloomberg.com/professional/product/indices/bloomberg-barclays-indices","page_number":11,"box":{"x":303,"y":767,"width":566,"height":10}},{"id":"050fc459-c6f0-49cb-b31d-d985a53573d4","block_type":"box","text":"Asset allocation","page_number":11,"box":{"x":47,"y":851,"width":125,"height":8}},{"id":"5bd944ae-a0ca-4be5-8cc8-2355166756eb","block_type":"box","text":"describes","page_number":11,"box":{"x":188,"y":851,"width":64,"height":8}},{"id":"f49b6dd6-35dd-40cc-bb11-8d272370623b","block_type":"box","text":"the","page_number":11,"box":{"x":47,"y":864,"width":20,"height":7}},{"id":"ae9669c4-e68a-4e47-9b24-b7d9497b5f98","block_type":"box","text":"share of","page_number":11,"box":{"x":47,"y":876,"width":205,"height":8}},{"id":"81cc1f24-a995-40bf-845f-f10cdf3cf1e8","block_type":"box","text":"investments in","page_number":11,"box":{"x":47,"y":888,"width":204,"height":8}},{"id":"fc7cbd39-75d4-490d-a4a6-eea28cc49857","block_type":"box","text":"specific assets.","page_number":11,"box":{"x":47,"y":900,"width":101,"height":10}},{"id":"8861cec9-9fde-4d34-8ade-b85f92ba3503","block_type":"box","text":"What is the asset allocation planned for this financial product?","page_number":11,"box":{"x":271,"y":821,"width":450,"height":10}},{"id":"3b807a21-b04d-4a06-96bf-3f4e41510e71","block_type":"box","text":"At least 90% of the Fund’s assets are invested in securities that are constituents of the Index and","page_number":11,"box":{"x":271,"y":840,"width":658,"height":8}},{"id":"8712cbf2-ebe9-473e-81dc-fe784e44df43","block_type":"box","text":"aligned with environmental and / or social characteristics, while the Index provider applies ESG","page_number":11,"box":{"x":271,"y":852,"width":658,"height":11}},{"id":"d938e1ed-3e5f-4a25-abc7-586c4f6c098a","block_type":"box","text":"ratings on all the Index constituents. The Fund does not commit to making sustainable investments","page_number":11,"box":{"x":272,"y":865,"width":657,"height":10}},{"id":"b06c914a-2d56-45e1-b29d-a824fc46c782","block_type":"box","text":"within the meaning of the SFDR or the Taxonomy Regulation. The Fund may hold 10% of its assets","page_number":11,"box":{"x":271,"y":877,"width":658,"height":10}},{"id":"bc2d7d82-77d2-4f3f-8b9f-2a314a1bd02e","block_type":"box","text":"in cash or cash equivalents and derivatives used for currency hedging and efficient portfolio","page_number":11,"box":{"x":271,"y":889,"width":658,"height":10}},{"id":"01b087a6-e31e-4881-afc4-5cf01870fb31","block_type":"box","text":"management purposes, at the Investment Manager’s discretion, which would be classified under #2","page_number":11,"box":{"x":271,"y":902,"width":658,"height":10}},{"id":"05511c4d-d33a-4474-a61b-31af0a164538","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF","page_number":12,"box":{"x":38,"y":44,"width":544,"height":11}},{"id":"de5c8071-107d-402c-becd-1746a15cfbf5","block_type":"box","text":"12","page_number":12,"box":{"x":945,"y":935,"width":15,"height":7}},{"id":"ec14ae50-c485-44d4-b8ef-9e962941eef2","block_type":"box","text":"Other in the below table. Such assets will not be aligned with environmental and social","page_number":12,"box":{"x":271,"y":78,"width":657,"height":10}},{"id":"78366574-8358-468a-8a91-3ebe0a9b0ad6","block_type":"box","text":"characteristics, nor will there be any environmental or social safeguards in place.","page_number":12,"box":{"x":271,"y":90,"width":538,"height":10}},{"id":"ed3fcfae-a471-4b6a-b9d3-cf2f55ad382e","block_type":"box","text":"Taxonomy-aligned","page_number":12,"box":{"x":47,"y":181,"width":123,"height":10}},{"id":"1d19fca5-c2d8-45da-800c-4db689572f7f","block_type":"box","text":"activities are expressed","page_number":12,"box":{"x":47,"y":193,"width":160,"height":10}},{"id":"1f436dd7-fe2b-465f-b408-4f7464de199c","block_type":"box","text":"as a share of:","page_number":12,"box":{"x":47,"y":205,"width":90,"height":8}},{"id":"922a5994-7124-43fe-bfc4-8d7eaee608d9","block_type":"box","text":"turnover","page_number":12,"box":{"x":47,"y":218,"width":61,"height":8}},{"id":"d73d04f2-270d-4150-b299-9b5995dcd80e","block_type":"box","text":"reflecting the","page_number":12,"box":{"x":118,"y":218,"width":90,"height":10}},{"id":"f3782a4b-3a57-4683-a9f9-86cba14a23d2","block_type":"box","text":"share of revenue","page_number":12,"box":{"x":71,"y":230,"width":137,"height":8}},{"id":"88991007-f3ee-4fec-a9f7-f2463ce28733","block_type":"box","text":"from green activities","page_number":12,"box":{"x":70,"y":242,"width":138,"height":11}},{"id":"fa2c2e50-b016-407d-80e2-e788b0658c19","block_type":"box","text":"of investee","page_number":12,"box":{"x":71,"y":255,"width":137,"height":8}},{"id":"f5536eac-d1ef-426d-ad5d-f38e06e7a15b","block_type":"box","text":"companies","page_number":12,"box":{"x":71,"y":267,"width":72,"height":10}},{"id":"efd9370f-a321-4528-a4af-8aa07a8655ef","block_type":"box","text":"capital expenditure","page_number":12,"box":{"x":47,"y":279,"width":161,"height":10}},{"id":"58bde588-f331-433f-a88f-70b52171af9a","block_type":"box","text":"(CapEx) showing","page_number":12,"box":{"x":71,"y":291,"width":136,"height":11}},{"id":"88d7d718-cb5b-4fda-ae99-2dc4e100fa3b","block_type":"box","text":"the green","page_number":12,"box":{"x":70,"y":304,"width":137,"height":10}},{"id":"78e09fab-fb5e-4823-a6e4-a00146926690","block_type":"box","text":"investments made","page_number":12,"box":{"x":71,"y":316,"width":136,"height":8}},{"id":"b88bf4d6-5be7-4516-9c47-e527c623796e","block_type":"box","text":"by investee","page_number":12,"box":{"x":71,"y":329,"width":136,"height":10}},{"id":"e29982c3-92de-479a-b141-1d9726c3dd58","block_type":"box","text":"companies, e.g. for","page_number":12,"box":{"x":71,"y":341,"width":137,"height":10}},{"id":"a5ad8eb6-a330-43ca-803c-c19fef76701a","block_type":"box","text":"a","page_number":12,"box":{"x":71,"y":356,"width":7,"height":6}},{"id":"f7430838-1cf9-401d-b2d3-d541134ba4f6","block_type":"box","text":"transition to a","page_number":12,"box":{"x":91,"y":353,"width":116,"height":9}},{"id":"1e8c6ffd-c2fb-4e7f-ad17-b6923d6f1eb3","block_type":"box","text":"green economy.","page_number":12,"box":{"x":71,"y":369,"width":136,"height":8}},{"id":"f8a8af61-e2ac-4a5a-9e2f-f15e791950d5","block_type":"box","text":"operational","page_number":12,"box":{"x":71,"y":379,"width":80,"height":10}},{"id":"ba7090ed-ea9a-43a8-ac13-69031aaa0c2b","block_type":"box","text":"expenditure","page_number":12,"box":{"x":71,"y":391,"width":85,"height":10}},{"id":"70241b88-b6cb-4d41-a888-59c7afee0004","block_type":"box","text":"(OpEx)","page_number":12,"box":{"x":161,"y":391,"width":46,"height":10}},{"id":"e47bb99f-defa-420d-93ad-9f58ff32d7f3","block_type":"box","text":"reflecting green","page_number":12,"box":{"x":71,"y":404,"width":136,"height":10}},{"id":"40b6c0ea-d56a-4f18-9653-28684b2652fc","block_type":"box","text":"operational activities","page_number":12,"box":{"x":71,"y":416,"width":137,"height":10}},{"id":"a1e1c4d7-4334-48d6-9ef4-dcf79dd8af66","block_type":"box","text":"of investee","page_number":12,"box":{"x":71,"y":428,"width":137,"height":8}},{"id":"461f1462-ce6c-4986-b365-fdeb9f9ecda7","block_type":"box","text":"companies.","page_number":12,"box":{"x":71,"y":441,"width":76,"height":9}},{"id":"cc972fcc-a2f9-4eef-87af-3852aac7e544","block_type":"box","text":"#","page_number":12,"box":{"x":271,"y":373,"width":7,"height":8}},{"id":"9ae9a40e-b7f5-4347-baa0-f4f2abd234e4","block_type":"box","text":"1 Aligned with E/S characteristics","page_number":12,"box":{"x":280,"y":373,"width":237,"height":10}},{"id":"b826c29f-6ebb-467d-82bd-e081fb0b1903","block_type":"box","text":"includes the investments of the financial product used to attain","page_number":12,"box":{"x":522,"y":373,"width":406,"height":10}},{"id":"e6b485c6-209d-4c32-a70c-77d3680ca50c","block_type":"box","text":"the environmental or social characteristics promoted by the financial product.","page_number":12,"box":{"x":271,"y":385,"width":512,"height":10}},{"id":"b4a71c16-c148-43c5-8a0b-f9acc53d9616","block_type":"box","text":"#2Other","page_number":12,"box":{"x":271,"y":405,"width":56,"height":8}},{"id":"ff11cc6b-0033-4e73-9080-abbc24762491","block_type":"box","text":"includes the remaining investments of the financial product which are neither aligned with","page_number":12,"box":{"x":333,"y":405,"width":595,"height":10}},{"id":"deba7bb6-1c4f-4384-ba91-8e485a085e72","block_type":"box","text":"the environmental or social characteristics, nor are qualified as sustainable investments.","page_number":12,"box":{"x":271,"y":417,"width":587,"height":10}},{"id":"e9ceca7d-d102-4408-8d7c-0ba53a9f6c25","block_type":"box","text":"How does the use of derivatives attain the environmental or social characteristics promoted by","page_number":12,"box":{"x":271,"y":507,"width":659,"height":10}},{"id":"e5f1d4ee-016c-45a5-9d11-e2317a6f083d","block_type":"box","text":"the financial product","page_number":12,"box":{"x":271,"y":524,"width":144,"height":10}},{"id":"8444de2c-bbe9-4c2f-9d98-a29f26ce19fb","block_type":"box","text":"?","page_number":12,"box":{"x":416,"y":522,"width":8,"height":10}},{"id":"7971c260-4c69-42de-80dc-ddeed1b80a91","block_type":"box","text":"To the extent that the Fund may, for currency hedging and efficient portfolio management purposes","page_number":12,"box":{"x":271,"y":551,"width":658,"height":10}},{"id":"0f71aedc-1366-4d27-ac49-289ddd02054c","block_type":"box","text":"only, use financial derivative instruments, these are not used to attain the environmental or social","page_number":12,"box":{"x":271,"y":563,"width":657,"height":10}},{"id":"901b2796-c909-4a66-82ee-979877f15438","block_type":"box","text":"characteristics promoted by the Fund.","page_number":12,"box":{"x":271,"y":576,"width":251,"height":10}},{"id":"9981893a-11fa-42a3-a5ae-856b8c5b73fb","block_type":"box","text":"To what minimum extent are sustainable investments with an environmental objective","page_number":12,"box":{"x":275,"y":717,"width":680,"height":11}},{"id":"89ff26f7-84ca-45d3-ac3b-67ae8b72246e","block_type":"box","text":"aligned with the EU Taxonomy?","page_number":12,"box":{"x":275,"y":730,"width":253,"height":12}},{"id":"5d72e2b1-392c-4a1f-90ed-245cead22082","block_type":"box","text":"While this Fund promotes environmental characteristics within the meaning of Article 8 of the SFDR, it","page_number":12,"box":{"x":275,"y":764,"width":681,"height":10}},{"id":"fdd5748e-55e1-404f-8689-f6d0b198441e","block_type":"box","text":"does not currently commit to investing in any “sustainable investment” within the meaning of the","page_number":12,"box":{"x":275,"y":776,"width":681,"height":10}},{"id":"fa530468-6c0b-4da0-b5cd-12e024d4e9df","block_type":"box","text":"Taxonomy Regulation. Therefore, the Fund does not commit to invest more than 0% of its Net Asset","page_number":12,"box":{"x":275,"y":789,"width":681,"height":10}},{"id":"4e7e5fc6-0d40-420e-941a-0c8e00d8b0c1","block_type":"box","text":"Value in Taxonomy Regulation aligned investments. It should therefore be noted that this Fund does","page_number":12,"box":{"x":275,"y":801,"width":680,"height":10}},{"id":"d4c74e4c-6b97-469b-93d6-55bd1996059a","block_type":"box","text":"not take into account the EU criteria for environmentally sustainable economic activities within the","page_number":12,"box":{"x":276,"y":813,"width":679,"height":10}},{"id":"263bf150-4895-4677-bbb2-af3b9dbba2a9","block_type":"box","text":"meaning of the Taxonomy Regulation and, as such, its portfolio alignment with the Taxonomy","page_number":12,"box":{"x":276,"y":825,"width":680,"height":11}},{"id":"aa00ebda-2cd2-4bdf-b20b-dcfc0d2afc53","block_type":"box","text":"Regulation is not calculated. For this reason, the “do no significant harm” principle does not apply to","page_number":12,"box":{"x":276,"y":838,"width":680,"height":10}},{"id":"5c59829e-0a70-4421-b377-54a182f19e74","block_type":"box","text":"any of the investments of this Fund.","page_number":12,"box":{"x":275,"y":850,"width":237,"height":10}},{"id":"6bbf8872-c92d-4dcf-b52b-881ca03e6d5b","block_type":"box","text":"Therefore, there is no intentional alignment with the Taxonomy Regulation.","page_number":12,"box":{"x":275,"y":869,"width":498,"height":11}},{"id":"7798177d-3aed-4dde-beaa-668b73d1a815","block_type":"box","text":"Does the financial product invest in fossil gas and/or nuclear energy related activities that","page_number":12,"box":{"x":322,"y":908,"width":634,"height":10}},{"id":"e15444ab-0cf2-4f1d-bc1b-3a19479deb5c","block_type":"box","text":"Investments","page_number":12,"box":{"x":440,"y":271,"width":76,"height":7}},{"id":"b86bc63b-2297-48c5-9d3a-507da08e0464","block_type":"box","text":"#1 Aligned","page_number":12,"box":{"x":682,"y":233,"width":64,"height":9}},{"id":"db30255e-5067-4604-8b91-150a4b7aca13","block_type":"box","text":"with E/S characteristics: 90%","page_number":12,"box":{"x":622,"y":244,"width":180,"height":10}},{"id":"1bb202ea-10c8-4e26-bfe7-822ef152010b","block_type":"box","text":"#2 Other: 10%","page_number":12,"box":{"x":668,"y":308,"width":88,"height":8}},{"id":"d7fc27cb-516c-4484-b138-d5c131ba5bcf","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF","page_number":13,"box":{"x":38,"y":44,"width":544,"height":11}},{"id":"d773cbc5-9dad-4711-bc66-70a91f5d0c3c","block_type":"box","text":"13","page_number":13,"box":{"x":945,"y":935,"width":15,"height":7}},{"id":"a7c517a3-5d3a-4266-af81-2f94bafe6be8","block_type":"box","text":"comply with the EU Taxonomy?","page_number":13,"box":{"x":321,"y":79,"width":227,"height":10}},{"id":"d8091db1-3b02-47f8-a60b-ec79b3bcfb35","block_type":"box","text":"1","page_number":13,"box":{"x":550,"y":77,"width":3,"height":6}},{"id":"6bd95cdd-d334-4be4-b2ee-c093fac04bc0","block_type":"box","text":"Yes:","page_number":13,"box":{"x":381,"y":106,"width":31,"height":8}},{"id":"faf373ec-0e92-4617-b87d-d08552517632","block_type":"box","text":"In fossil gas","page_number":13,"box":{"x":413,"y":133,"width":78,"height":10}},{"id":"f8bce3f8-5c1f-40f0-94e8-ccffc7110a61","block_type":"box","text":"In nuclear energy","page_number":13,"box":{"x":565,"y":133,"width":115,"height":10}},{"id":"4d8764f8-ee7b-48c2-b3aa-54a339b22dec","block_type":"box","text":"","page_number":13,"box":{"x":332,"y":159,"width":11,"height":7}},{"id":"fc17f5c4-238d-40ae-b79c-7dad683c3101","block_type":"box","text":"No","page_number":13,"box":{"x":382,"y":159,"width":19,"height":8}},{"id":"980ec025-82b5-49d3-a1a3-43880f26c148","block_type":"box","text":"Enabling activities","page_number":13,"box":{"x":48,"y":200,"width":147,"height":10}},{"id":"21b58ea2-9565-47ba-b045-cee791d6fc12","block_type":"box","text":"directly enable other","page_number":13,"box":{"x":47,"y":212,"width":148,"height":10}},{"id":"55d18bb0-1ab9-406e-86fa-7b17e84cc296","block_type":"box","text":"activities to make a","page_number":13,"box":{"x":47,"y":224,"width":148,"height":8}},{"id":"e58b8c4d-d8c5-48ea-b133-dc93b2532013","block_type":"box","text":"substantial","page_number":13,"box":{"x":47,"y":237,"width":71,"height":7}},{"id":"b4df6a01-f8c4-4143-9b47-4484dd3259c7","block_type":"box","text":"contribution to an","page_number":13,"box":{"x":47,"y":249,"width":147,"height":8}},{"id":"6877e02a-4d18-44ab-95db-f69eca696f53","block_type":"box","text":"environmental","page_number":13,"box":{"x":47,"y":261,"width":94,"height":8}},{"id":"7e473507-8317-42ce-b94d-33d752290203","block_type":"box","text":"objective.","page_number":13,"box":{"x":47,"y":273,"width":62,"height":10}},{"id":"0b7eaeee-bb8f-4bbb-843f-c77bd63f6229","block_type":"box","text":"Transitional","page_number":13,"box":{"x":47,"y":293,"width":84,"height":8}},{"id":"a855b5a7-031d-445e-a246-81841d93ecd4","block_type":"box","text":"activities","page_number":13,"box":{"x":47,"y":305,"width":64,"height":8}},{"id":"0ebe9fe9-8e2c-43df-8450-c054589211cc","block_type":"box","text":"are","page_number":13,"box":{"x":174,"y":307,"width":21,"height":6}},{"id":"127b78f2-31c9-468c-a1a8-73aa7651a0be","block_type":"box","text":"activities for which","page_number":13,"box":{"x":47,"y":317,"width":147,"height":8}},{"id":"e2ee18fb-cab9-4b13-bf38-d73232a986b7","block_type":"box","text":"low-carbon","page_number":13,"box":{"x":48,"y":330,"width":72,"height":8}},{"id":"bd2e1c58-a7a4-4cec-907c-a3b4bf2627c8","block_type":"box","text":"alternatives are not","page_number":13,"box":{"x":47,"y":342,"width":148,"height":8}},{"id":"c527438b-7f0c-4490-9254-a2e51a635a43","block_type":"box","text":"yet available and","page_number":13,"box":{"x":47,"y":354,"width":148,"height":10}},{"id":"efbc8a97-b67f-4c83-b39e-8cc6bbc3492e","block_type":"box","text":"among others have","page_number":13,"box":{"x":47,"y":367,"width":148,"height":10}},{"id":"0024aad3-6f5a-4e20-b00e-b2a0fb4f37cf","block_type":"box","text":"greenhouse gas","page_number":13,"box":{"x":47,"y":379,"width":148,"height":10}},{"id":"a6c3e3d5-3370-45ea-8a6b-34e4e8b81980","block_type":"box","text":"emission levels","page_number":13,"box":{"x":47,"y":391,"width":148,"height":8}},{"id":"fde47deb-3ca3-41e7-9f7e-4f8489e57baa","block_type":"box","text":"corresponding to the","page_number":13,"box":{"x":47,"y":403,"width":148,"height":10}},{"id":"b0d7666d-7ac9-40f5-93a6-f0785b2ce9c4","block_type":"box","text":"best performance.","page_number":13,"box":{"x":48,"y":416,"width":120,"height":10}},{"id":"b5192e5e-137a-448e-b197-8fe02ac273b9","block_type":"box","text":"The two graphs below show in green the minimum percentage of investments that are aligned","page_number":13,"box":{"x":286,"y":200,"width":674,"height":10}},{"id":"864a011f-cfe4-4623-9efc-56d80a69d07e","block_type":"box","text":"with the EU Taxonomy. As there is no appropriate methodology to determine the Taxonomy","page_number":13,"box":{"x":286,"y":213,"width":663,"height":10}},{"id":"61ff972a-9bfc-433e-8df8-570df99b1b43","block_type":"box","text":"alignment of sovereign bonds*, the first graph shows the Taxonomy alignment in relation to all","page_number":13,"box":{"x":285,"y":226,"width":681,"height":10}},{"id":"b0be9a69-3fc7-4c8d-9299-4e089b71129a","block_type":"box","text":"the investments of the financial product including sovereign bonds, while the second graph","page_number":13,"box":{"x":285,"y":239,"width":659,"height":10}},{"id":"b7567511-66ee-41d7-bd51-999bb54d163d","block_type":"box","text":"shows the Taxonomy alignment only in relation to the investments of the financial product","page_number":13,"box":{"x":285,"y":252,"width":651,"height":10}},{"id":"2fa0a27a-6001-4d84-9202-c0725e6d6748","block_type":"box","text":"other than sovereign bonds.","page_number":13,"box":{"x":285,"y":265,"width":202,"height":10}},{"id":"ea54c27b-ebdf-4626-98f9-ccb06cd6fec5","block_type":"box","text":"*","page_number":13,"box":{"x":288,"y":483,"width":5,"height":4}},{"id":"eb7cfc7b-feaa-4a95-a92b-9229ba06897d","block_type":"box","text":"For the purpose of these graphs, ‘sovereign bonds’ consist of all sovereign exposures","page_number":13,"box":{"x":298,"y":483,"width":531,"height":9}},{"id":"fb86e39d-06ae-4a63-a26b-c4972088cd94","block_type":"box","text":"What is the minimum share of investments in transitional and enabling","page_number":13,"box":{"x":339,"y":519,"width":602,"height":11}},{"id":"7a509792-355a-4ebe-9640-9c94dbd49d2a","block_type":"box","text":"activities?","page_number":13,"box":{"x":337,"y":533,"width":82,"height":9}},{"id":"e771a855-1645-4a2c-9dce-d938e2dcaa50","block_type":"box","text":"The Fund does commit to a minimum share of investments in transitional and enabling","page_number":13,"box":{"x":336,"y":560,"width":604,"height":10}},{"id":"144ab8c2-6804-4b7a-a82e-93a87d4cc0cb","block_type":"box","text":"activities.","page_number":13,"box":{"x":337,"y":572,"width":60,"height":8}},{"id":"4b9f7c99-4a9c-4b13-97a2-19bd1a57aa8d","block_type":"box","text":"What is the minimum share of sustainable investments with an environmental","page_number":13,"box":{"x":314,"y":617,"width":626,"height":9}},{"id":"48b5679f-8b13-498e-8c9c-cefebb30cbfd","block_type":"box","text":"objective that are not aligned with the EU Taxonomy?","page_number":13,"box":{"x":314,"y":631,"width":426,"height":11}},{"id":"3c5c203a-889d-4c77-85f3-7c2fc4f083e4","block_type":"box","text":"The Fund does not commit to investing in Sustainable Investments.","page_number":13,"box":{"x":314,"y":651,"width":448,"height":10}},{"id":"a3734b52-eb8e-473d-9027-aad2da9f8a8d","block_type":"box","text":"are","page_number":13,"box":{"x":181,"y":673,"width":21,"height":6}},{"id":"3787b7d4-e0c6-41ab-9736-e4f511c0afb2","block_type":"box","text":"sustainable","page_number":13,"box":{"x":126,"y":683,"width":76,"height":8}},{"id":"2df6a3f9-afe8-4401-9668-e9dc46f2f007","block_type":"box","text":"investments","page_number":13,"box":{"x":123,"y":695,"width":79,"height":8}},{"id":"b7c65e15-9d80-4315-9832-c1b426a5963f","block_type":"box","text":"with an environmental","page_number":13,"box":{"x":47,"y":708,"width":155,"height":8}},{"id":"6f781a15-91b7-45d8-aa07-a9a63bf733b1","block_type":"box","text":"objective that","page_number":13,"box":{"x":47,"y":720,"width":111,"height":10}},{"id":"32c40274-883c-4473-956b-85c01ea7c404","block_type":"box","text":"do","page_number":13,"box":{"x":185,"y":720,"width":17,"height":8}},{"id":"b0094587-6daf-4e09-8396-3fb80a5760e6","block_type":"box","text":"not take into","page_number":13,"box":{"x":48,"y":732,"width":154,"height":8}},{"id":"6d1fae61-9cb2-4665-b0bb-d80c3911c295","block_type":"box","text":"account the criteria","page_number":13,"box":{"x":47,"y":745,"width":155,"height":7}},{"id":"dda6e70a-e455-480f-bf22-bfb0847f0cf4","block_type":"box","text":"for environmentally","page_number":13,"box":{"x":47,"y":757,"width":155,"height":10}},{"id":"3918c3f9-c60b-4d34-bb9d-89e650324ed6","block_type":"box","text":"sustainable","page_number":13,"box":{"x":47,"y":769,"width":76,"height":8}},{"id":"515dfcf6-d7a8-41b9-92fd-b279cc0cc31b","block_type":"box","text":"economic activities","page_number":13,"box":{"x":47,"y":782,"width":155,"height":7}},{"id":"2c52155a-a258-4b6c-812f-adb149f164c0","block_type":"box","text":"under the EU","page_number":13,"box":{"x":48,"y":794,"width":153,"height":8}},{"id":"f97c96de-fc5a-4fdb-9648-4b8e26d05e40","block_type":"box","text":"Taxonomy.","page_number":13,"box":{"x":47,"y":806,"width":73,"height":10}},{"id":"10e2f678-11bb-4fdd-b21f-6429ffa43d3d","block_type":"box","text":"What is the minimum share of socially sustainable investments?","page_number":13,"box":{"x":314,"y":705,"width":514,"height":11}},{"id":"2aaeea64-171d-44bb-b402-3ca8b5560536","block_type":"box","text":"Not applicable.","page_number":13,"box":{"x":315,"y":726,"width":98,"height":10}},{"id":"63b3bb20-ddfd-44a3-943c-bbdc3044c019","block_type":"box","text":"What investments are included under “#2 Other”, what is their purpose and are","page_number":13,"box":{"x":314,"y":791,"width":626,"height":11}},{"id":"01861eb5-ca57-4740-99f2-a31bb7182190","block_type":"box","text":"there any minimum environmental or social safeguards?","page_number":13,"box":{"x":314,"y":805,"width":450,"height":11}},{"id":"061e1842-d9cb-4bba-9a7a-c09c2bc34734","block_type":"box","text":"The Fund may hold a portion of its assets in cash or cash equivalents and derivatives used for","page_number":13,"box":{"x":314,"y":825,"width":627,"height":11}},{"id":"5d30ce42-3798-4546-9c0e-d4cca47475a0","block_type":"box","text":"currency hedging and efficient portfolio management purposes, at the Investment Manager’s","page_number":13,"box":{"x":314,"y":838,"width":626,"height":10}},{"id":"e1a17c41-38ea-463b-ad3e-6a24342070af","block_type":"box","text":"discretion, which would be classified under #2 Other in the above table. Such assets will not","page_number":13,"box":{"x":314,"y":850,"width":627,"height":9}},{"id":"ceaf9ed0-ce8b-4156-805e-24db7f271e9d","block_type":"box","text":"be aligned with environmental and social characteristics, nor will there be any environmental","page_number":13,"box":{"x":315,"y":862,"width":625,"height":10}},{"id":"c75e1d9e-f838-46a9-973c-6c8c23e3fd55","block_type":"box","text":"1","page_number":13,"box":{"x":38,"y":889,"width":4,"height":5}},{"id":"b7f673ae-935a-4788-b347-ad22db40ecf5","block_type":"box","text":"Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (\"climate change","page_number":13,"box":{"x":46,"y":889,"width":884,"height":10}},{"id":"6c2fdaf0-06e3-4126-b50c-7ce86bfdc858","block_type":"box","text":"mitigation\") and do not significantly harm any EU Taxonomy objective – see explanatory note in the left hand margin. The full criteria for fossil gas and","page_number":13,"box":{"x":38,"y":900,"width":900,"height":9}},{"id":"1036a3f7-c0dd-4665-b890-89009fabd5a5","block_type":"box","text":"nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulations (EU) 2022/1214.","page_number":13,"box":{"x":38,"y":911,"width":832,"height":9}},{"id":"b00e1784-fe22-4e1d-b076-6c1c25b68e63","block_type":"box","text":"0%","page_number":13,"box":{"x":495,"y":344,"width":20,"height":7}},{"id":"3632f8b5-3210-4554-984b-101327f1bb56","block_type":"box","text":"100%","page_number":13,"box":{"x":480,"y":453,"width":37,"height":8}},{"id":"ba79d8b0-cc91-4c3c-80b5-df697b295a8a","block_type":"box","text":"1. Taxonomy-alignment of investments","page_number":13,"box":{"x":324,"y":296,"width":229,"height":9}},{"id":"5a1a2edc-c623-48c4-bb22-23674de70507","block_type":"box","text":"including sovereign bonds*","page_number":13,"box":{"x":351,"y":307,"width":175,"height":9}},{"id":"4d121f68-dbe6-424d-b11b-0ce4c62c937c","block_type":"box","text":"Taxonomy-aligned (no","page_number":13,"box":{"x":301,"y":353,"width":133,"height":9}},{"id":"7f51626a-676c-4d6d-87b8-803c2bd1bb69","block_type":"box","text":"fossil gas & nuclear)","page_number":13,"box":{"x":301,"y":364,"width":120,"height":9}},{"id":"b2e5602f-3bf9-4d19-8aef-4f336f9ad3fa","block_type":"box","text":"Non Taxonomy","page_number":13,"box":{"x":302,"y":425,"width":94,"height":9}},{"id":"51ae5b19-7260-4b23-bcc1-cbe1269547ff","block_type":"box","text":"aligned","page_number":13,"box":{"x":301,"y":436,"width":42,"height":9}},{"id":"666d2cb5-0568-4bea-a90b-d2fc8f7554bb","block_type":"box","text":"0%","page_number":13,"box":{"x":812,"y":350,"width":20,"height":7}},{"id":"849cffa3-1ced-47a9-8f67-4b1074f80675","block_type":"box","text":"100%","page_number":13,"box":{"x":824,"y":450,"width":36,"height":7}},{"id":"3a36875b-1048-44b2-b473-5d321be9432d","block_type":"box","text":"2. Taxonomy-alignment of investments","page_number":13,"box":{"x":655,"y":297,"width":230,"height":9}},{"id":"a95d99c2-00de-4b04-9152-a74d8bd74a34","block_type":"box","text":"excluding sovereign bonds*","page_number":13,"box":{"x":681,"y":308,"width":179,"height":9}},{"id":"8c21d888-905a-4c69-ae75-128ccb643228","block_type":"box","text":"Taxonomy-aligned (no","page_number":13,"box":{"x":633,"y":354,"width":133,"height":9}},{"id":"e714768f-f272-4aef-87e2-da6905dcf85f","block_type":"box","text":"fossil gas & nuclear)","page_number":13,"box":{"x":633,"y":365,"width":120,"height":9}},{"id":"657c371b-4560-48d2-87c1-e81f4900f226","block_type":"box","text":"Non-Taxonomy-aligned","page_number":13,"box":{"x":634,"y":426,"width":138,"height":9}},{"id":"44d79c25-fe4d-4e2e-b996-d61e685f0f9b","block_type":"box","text":"This graph represents 100% of the total investments.","page_number":13,"box":{"x":629,"y":466,"width":274,"height":8}},{"id":"c6089fad-d309-4608-a53b-c8101ad8ab11","block_type":"box","text":"100","page_number":13,"box":{"x":570,"y":348,"width":19,"height":6}},{"id":"83165fe1-ba36-4a11-a17d-7f7cce489f3f","block_type":"box","text":"%","page_number":13,"box":{"x":590,"y":347,"width":9,"height":7}},{"id":"2d2a2f64-507c-4abe-85ce-e6d0dfafa7d4","block_type":"box","text":"100","page_number":13,"box":{"x":900,"y":354,"width":19,"height":6}},{"id":"9cfc4be6-4a57-48d5-b5ea-f552e9e9d906","block_type":"box","text":"%","page_number":13,"box":{"x":920,"y":354,"width":9,"height":6}},{"id":"10795676-8de0-4604-9964-689a162a3816","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF","page_number":14,"box":{"x":38,"y":44,"width":544,"height":11}},{"id":"53876f1c-24d5-4d97-8d2b-2c6d28d35bf0","block_type":"box","text":"14","page_number":14,"box":{"x":945,"y":935,"width":16,"height":7}},{"id":"38467deb-c59e-4025-a06c-bee8ce1b809f","block_type":"box","text":"or social safeguards in place.","page_number":14,"box":{"x":314,"y":78,"width":194,"height":10}},{"id":"229f263d-3329-4858-a0c7-135b66899f75","block_type":"box","text":"Is a specific index designated as a reference benchmark to determine","page_number":14,"box":{"x":345,"y":105,"width":599,"height":11}},{"id":"e04f9fcc-afd9-45e0-b1e2-787be3e9801a","block_type":"box","text":"whether this financial product is aligned with the environmental and/or","page_number":14,"box":{"x":344,"y":119,"width":601,"height":11}},{"id":"21aab7f8-3ab2-4fab-ac20-5babd836a034","block_type":"box","text":"social characteristics that it promotes?","page_number":14,"box":{"x":345,"y":133,"width":311,"height":11}},{"id":"9c98ec7b-0999-4fac-b14a-6c991427f087","block_type":"box","text":"The Fund tracks the performance of the Bloomberg SASB Scored US Corporate High Yield","page_number":14,"box":{"x":344,"y":160,"width":600,"height":10}},{"id":"82e32c90-d2c1-478d-96f1-2d356d1447ae","block_type":"box","text":"Ex-Controversies Select Index (or any other index determined by the Directors from time","page_number":14,"box":{"x":345,"y":172,"width":600,"height":10}},{"id":"2053ba74-d04c-4d89-a4f9-58d240714dfe","block_type":"box","text":"to time to track substantially the same market as the Index) as closely as possible, while","page_number":14,"box":{"x":344,"y":184,"width":601,"height":10}},{"id":"b0c897c7-839d-43da-92d6-3724d8cc5c19","block_type":"box","text":"seeking to minimise as far as possible the tracking difference between the Fund’s","page_number":14,"box":{"x":345,"y":197,"width":600,"height":10}},{"id":"f8517156-434c-45e8-ab50-3ae57747c343","block_type":"box","text":"performance and that of the Index. The Index is an investment grade, fixed-rate, Euro","page_number":14,"box":{"x":345,"y":209,"width":600,"height":10}},{"id":"474fd465-257d-484d-94f6-c02c35a41b32","block_type":"box","text":"denominated benchmark that optimizes its R-Factor","page_number":14,"box":{"x":345,"y":221,"width":349,"height":10}},{"id":"623af56c-c2db-4171-a056-5db36198b70d","block_type":"box","text":"™","page_number":14,"box":{"x":696,"y":221,"width":12,"height":5}},{"id":"7084cfbe-dd30-4ad2-9c5a-6b76b524738f","block_type":"box","text":"score, an ESG rating, provided by","page_number":14,"box":{"x":715,"y":221,"width":230,"height":10}},{"id":"270b9297-316e-46d9-8490-fcaf289bc3b7","block_type":"box","text":"State Street Global Advisors ® and as described above.","page_number":14,"box":{"x":345,"y":233,"width":372,"height":8}},{"id":"148c2f47-9cdd-418c-a576-7b0ffbf255d0","block_type":"box","text":"Reference","page_number":14,"box":{"x":48,"y":259,"width":72,"height":8}},{"id":"6b49fb82-9792-4e38-8133-544657d012f9","block_type":"box","text":"benchmarks","page_number":14,"box":{"x":48,"y":272,"width":87,"height":8}},{"id":"d7d46d84-cdf6-4486-ac69-add7782b8880","block_type":"box","text":"are","page_number":14,"box":{"x":174,"y":274,"width":21,"height":6}},{"id":"0e6d3dd7-a9f0-40dd-84ff-2e9e06e7a09f","block_type":"box","text":"indexes to measure","page_number":14,"box":{"x":48,"y":284,"width":147,"height":8}},{"id":"8e775b8c-92bc-458f-9b9b-17f166337149","block_type":"box","text":"whether the financial","page_number":14,"box":{"x":47,"y":296,"width":147,"height":8}},{"id":"a0d86fc9-e458-4d15-acaf-c13610a49587","block_type":"box","text":"product attains the","page_number":14,"box":{"x":48,"y":309,"width":147,"height":10}},{"id":"f17da419-b375-4ccc-97ab-95920ae6639f","block_type":"box","text":"environmental or","page_number":14,"box":{"x":47,"y":321,"width":148,"height":8}},{"id":"0b6aff2b-6a6c-49f0-a59d-ae13b842364c","block_type":"box","text":"social characteristics","page_number":14,"box":{"x":47,"y":333,"width":148,"height":8}},{"id":"cbc34ba6-8fce-4278-be5d-92c14f35cda3","block_type":"box","text":"that they promote.","page_number":14,"box":{"x":47,"y":346,"width":121,"height":10}},{"id":"fed389e5-a0c5-4cd7-9a0c-fa5a487e66f5","block_type":"box","text":"How is the reference benchmark continuously aligned with each of the","page_number":14,"box":{"x":381,"y":299,"width":565,"height":10}},{"id":"8f1dca48-107c-46b5-803c-29fca8946185","block_type":"box","text":"environmental or social characteristics promoted by the financial product?","page_number":14,"box":{"x":381,"y":311,"width":538,"height":10}},{"id":"76411688-5e08-440d-b1a0-a70343ae8234","block_type":"box","text":"The Index methodology provides for monthly review and rebalance.","page_number":14,"box":{"x":380,"y":337,"width":449,"height":11}},{"id":"c67b9a67-d018-43ce-94f8-e67c5e592d28","block_type":"box","text":"How is the alignment of the investment strategy with the methodology of the","page_number":14,"box":{"x":381,"y":370,"width":565,"height":10}},{"id":"735848d4-ee1e-4352-b45a-77de18558df8","block_type":"box","text":"index ensured on a continuous basis?","page_number":14,"box":{"x":381,"y":382,"width":275,"height":8}},{"id":"75617e73-7102-4cd1-b556-da0514fa49de","block_type":"box","text":"The Fund rebalances on a monthly basis, in line with the Index rebalancing frequency.","page_number":14,"box":{"x":380,"y":408,"width":564,"height":11}},{"id":"8edcc9f3-04e3-42eb-b314-f52b7356c48f","block_type":"box","text":"How does the designated index differ from a relevant broad market index?","page_number":14,"box":{"x":381,"y":435,"width":533,"height":10}},{"id":"1b919c7d-3694-4686-bb0d-e7477d41e4d0","block_type":"box","text":"The designated index implements exclusions and changes to index weights, versus","page_number":14,"box":{"x":380,"y":455,"width":565,"height":10}},{"id":"ef0a04b9-725e-48ad-9286-a5a497921054","block_type":"box","text":"the relevant broad market index, that are a function of company ESG characteristics,","page_number":14,"box":{"x":380,"y":467,"width":564,"height":10}},{"id":"5ecfbbc9-437e-4602-b86c-c702ab599135","block_type":"box","text":"considering both ESG ratings and involvement in certain controversial business","page_number":14,"box":{"x":380,"y":479,"width":565,"height":10}},{"id":"8d1b9151-69d5-46f5-b5b6-9d3c3be4c58a","block_type":"box","text":"activities, as applied by the index provider, Bloomberg. For information on the Index","page_number":14,"box":{"x":380,"y":491,"width":565,"height":10}},{"id":"f1dbceb9-b46a-4752-9978-0506129bc010","block_type":"box","text":"methodology used in the construction of the Index and further information on the","page_number":14,"box":{"x":381,"y":504,"width":564,"height":10}},{"id":"0a881fb3-0a67-4dbb-95f4-97d85e6bffe6","block_type":"box","text":"exclusion criteria and data sources, please refer to Bloomberg’s index methodology","page_number":14,"box":{"x":380,"y":516,"width":565,"height":10}},{"id":"0c903a34-f9fe-44f8-aa80-24d63e649682","block_type":"box","text":"description","page_number":14,"box":{"x":380,"y":529,"width":72,"height":10}},{"id":"4b28c9ef-65ab-4aca-92df-02bf76d631f0","block_type":"box","text":".","page_number":14,"box":{"x":455,"y":536,"width":1,"height":1}},{"id":"6384f616-f0cc-44c6-88e2-82794ea34edf","block_type":"box","text":"Where can the methodology used for the calculation of the designated index be","page_number":14,"box":{"x":382,"y":584,"width":564,"height":10}},{"id":"0187cfcb-de84-46b8-bfab-1bb3baedbb4a","block_type":"box","text":"found?","page_number":14,"box":{"x":381,"y":596,"width":51,"height":8}},{"id":"4b9f403e-7d6d-4a6c-8609-d9d259751dd1","block_type":"box","text":"https://www.bloomberg.com/professional/product/indices/bloomberg-barclays","page_number":14,"box":{"x":381,"y":616,"width":519,"height":10}},{"id":"6c3a64d3-d24b-4726-a17e-02249c736100","block_type":"box","text":"indices","page_number":14,"box":{"x":381,"y":628,"width":45,"height":8}},{"id":"2bf8fe91-9834-4a62-8d9c-77c37bc69557","block_type":"box","text":"Where can I find more product specific information online?","page_number":14,"box":{"x":380,"y":648,"width":470,"height":11}},{"id":"77058c71-b4fa-4ef6-84a7-b031a4ed21e4","block_type":"box","text":"More product-specific information can be found on the website","page_number":14,"box":{"x":381,"y":675,"width":451,"height":10}},{"id":"d2c64df0-1d91-484c-a7fe-cb089e651236","block_type":"box","text":":","page_number":14,"box":{"x":834,"y":677,"width":2,"height":6}},{"id":"5b28c763-6010-4ba0-9ac8-6c2c27e7362e","block_type":"box","text":"Investing in SPDR Exchange Traded Funds (ETFs) (ssga.com)","page_number":14,"box":{"x":381,"y":695,"width":420,"height":10}},{"id":"30dfc5e8-aa96-403b-8916-ec6c985b3ff4","block_type":"box","text":"www","page_number":14,"box":{"x":222,"y":653,"width":25,"height":5}},{"id":"b6f56ac8-48ab-49f3-8b52-78993cfc27f0","block_type":"box","text":"State Street SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF","page_number":15,"box":{"x":83,"y":39,"width":543,"height":10}},{"id":"35d6b3a4-6fc2-487b-aa05-1e0a553ae73d","block_type":"box","text":"BLOOMBERG® and Bloomberg SASB Scored US Corporate High","page_number":15,"box":{"x":83,"y":135,"width":397,"height":9}},{"id":"1896757d-626e-40e5-a63c-27f3e3f565ad","block_type":"box","text":"Yield Ex-Controversies Select Index are service marks of","page_number":15,"box":{"x":82,"y":146,"width":399,"height":7}},{"id":"7587462d-5acc-485d-b7da-52afffdad857","block_type":"box","text":"Bloomberg Finance L.P. and its affiliates, including Bloomberg Index","page_number":15,"box":{"x":83,"y":157,"width":398,"height":9}},{"id":"0a5226ba-cfc0-4608-8cc7-5caf9871ccfd","block_type":"box","text":"Services Limited (“BISL”), the administrator of the index","page_number":15,"box":{"x":83,"y":168,"width":398,"height":9}},{"id":"94e9eb45-2e9a-4079-acc4-dec884a5774e","block_type":"box","text":"(collectively, “Bloomberg”), and have been licensed for use for","page_number":15,"box":{"x":83,"y":179,"width":399,"height":9}},{"id":"cc43d439-ad4a-450d-ac48-48a673f26213","block_type":"box","text":"certain purposes by State Street.","page_number":15,"box":{"x":82,"y":190,"width":195,"height":9}},{"id":"b80c9e8b-9f4a-4aed-a1fa-7d8af235ecf3","block_type":"box","text":"The State Street SPDR Bloomberg U.S. High Yield Corporate","page_number":15,"box":{"x":82,"y":219,"width":399,"height":9}},{"id":"6022d847-3d57-47e3-a84b-2ca314e6c404","block_type":"box","text":"Scored UCITS ETF is not sponsored, endorsed, sold or promoted","page_number":15,"box":{"x":83,"y":229,"width":398,"height":9}},{"id":"28bad06d-fd88-45d0-96d8-6acd30ed6e1c","block_type":"box","text":"by Bloomberg. Bloomberg does not make any representation or","page_number":15,"box":{"x":83,"y":241,"width":398,"height":9}},{"id":"446754c5-3ac7-4161-b956-25e7d2d6ecce","block_type":"box","text":"warranty, express or implied, to the owners of or counterparties to","page_number":15,"box":{"x":82,"y":251,"width":399,"height":9}},{"id":"b3eec257-f5a1-4319-9b68-f4922b2efac8","block_type":"box","text":"the State Street SPDR Bloomberg U.S. High Yield Corporate","page_number":15,"box":{"x":82,"y":262,"width":399,"height":9}},{"id":"a38affe8-ec27-4e5c-b7e4-1376c8bed638","block_type":"box","text":"Scored UCITS ETF or any member of the public regarding the","page_number":15,"box":{"x":83,"y":273,"width":398,"height":9}},{"id":"cd77e134-0fd5-43a2-ad09-1d450b93bdfe","block_type":"box","text":"advisability of investing in securities generally or in the State Street","page_number":15,"box":{"x":82,"y":284,"width":399,"height":9}},{"id":"d72e672b-76c0-4d0e-96af-b7197c8f4171","block_type":"box","text":"SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF","page_number":15,"box":{"x":83,"y":295,"width":398,"height":9}},{"id":"5cebdfa2-a758-4811-9ed2-1d9faccbe3f2","block_type":"box","text":"particularly. The only relationship of Bloomberg to State Street is the","page_number":15,"box":{"x":83,"y":306,"width":398,"height":9}},{"id":"5f3f78b1-0b95-4a68-afa4-dd5c295f5fe0","block_type":"box","text":"licensing of certain trademarks, trade names and service marks and","page_number":15,"box":{"x":83,"y":317,"width":398,"height":9}},{"id":"35c41655-6a90-40f8-9494-0968103cee53","block_type":"box","text":"of the Bloomberg SASB Scored US Corporate High Yield Ex","page_number":15,"box":{"x":82,"y":328,"width":399,"height":9}},{"id":"9db908c8-c43f-4c16-a5c8-429d38f195b6","block_type":"box","text":"Controversies Select Index , which is determined, composed and","page_number":15,"box":{"x":83,"y":339,"width":398,"height":9}},{"id":"c8103a72-75a1-4840-b6b4-27a8f70f6c54","block_type":"box","text":"calculated by BISL without regard to State Street or the State Street","page_number":15,"box":{"x":82,"y":350,"width":399,"height":9}},{"id":"147f3d14-390c-4348-b544-6ccb54cb9cfa","block_type":"box","text":"SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF.","page_number":15,"box":{"x":83,"y":361,"width":397,"height":9}},{"id":"dec6466b-9b1f-4404-a035-98638357886b","block_type":"box","text":"Bloomberg has no obligation to take the needs of State Street or the","page_number":15,"box":{"x":83,"y":371,"width":398,"height":10}},{"id":"14fd158e-133b-4f06-8785-783f24f5ef06","block_type":"box","text":"owners of the State Street SPDR Bloomberg U.S. High Yield","page_number":15,"box":{"x":82,"y":382,"width":399,"height":10}},{"id":"ec49a953-5958-4f81-995c-d6725914c2ea","block_type":"box","text":"Corporate Scored UCITS ETF into consideration in determining,","page_number":15,"box":{"x":83,"y":393,"width":397,"height":9}},{"id":"964fb2a5-9ce2-4b33-8618-41d0da74848c","block_type":"box","text":"composing or calculating the Bloomberg SASB Scored US","page_number":15,"box":{"x":82,"y":404,"width":399,"height":9}},{"id":"9518193a-b8fa-42cd-aedc-0915ea8c2a5c","block_type":"box","text":"Corporate High Yield Ex-Controversies Select Index . Bloomberg is","page_number":15,"box":{"x":83,"y":415,"width":398,"height":9}},{"id":"e332736b-c1e4-45e1-9398-bb15c6620ecb","block_type":"box","text":"not responsible for and has not participated in the determination of","page_number":15,"box":{"x":83,"y":426,"width":398,"height":9}},{"id":"fc13b241-4267-4843-8f9e-83325155a24b","block_type":"box","text":"the timing of, prices at, or quantities of the State Street SPDR","page_number":15,"box":{"x":82,"y":437,"width":399,"height":9}},{"id":"acdbe5e5-a333-4eb0-a113-877d8f38f93d","block_type":"box","text":"Bloomberg U.S. High Yield Corporate Scored UCITS ETF to be","page_number":15,"box":{"x":83,"y":448,"width":398,"height":9}},{"id":"98d4c749-a2c4-4017-963e-15b041b52bc3","block_type":"box","text":"issued. Bloomberg shall not have any obligation or liability,","page_number":15,"box":{"x":83,"y":459,"width":397,"height":9}},{"id":"6ec3b7de-e4ab-4386-a88e-d0af8261ae88","block_type":"box","text":"including, without limitation, to State Street SPDR Bloomberg U.S.","page_number":15,"box":{"x":83,"y":470,"width":397,"height":9}},{"id":"a4cad520-a9de-4d58-b3c1-f37db413665d","block_type":"box","text":"High Yield Corporate Scored UCITS ETF customers, in connection","page_number":15,"box":{"x":83,"y":481,"width":398,"height":9}},{"id":"af20ffd2-0090-4c8e-a5b8-c32c158e9c35","block_type":"box","text":"with the administration, marketing or trading of the State Street","page_number":15,"box":{"x":82,"y":492,"width":399,"height":9}},{"id":"ede76c8f-9941-49ac-9b4f-bac3223a282e","block_type":"box","text":"SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF.","page_number":15,"box":{"x":83,"y":503,"width":389,"height":9}},{"id":"bc4ac585-6e50-4e67-bb58-4e7e42f6abd8","block_type":"box","text":"BLOOMBERG DOES NOT GUARANTEE THE ACCURACY","page_number":15,"box":{"x":83,"y":517,"width":398,"height":7}},{"id":"82ffb355-473a-4e99-9b07-fb7ae68f5868","block_type":"box","text":"AND/OR THE COMPLETENESS OF THE BLOOMBERG SASB","page_number":15,"box":{"x":82,"y":528,"width":399,"height":7}},{"id":"eca0da40-b82d-400d-8df0-8c1514ac0f0b","block_type":"box","text":"SCORED US CORPORATE HIGH YIELD EX-CONTROVERSIES","page_number":15,"box":{"x":83,"y":539,"width":398,"height":7}},{"id":"1a934f11-b750-45d3-8cca-ccd7c6d8ce56","block_type":"box","text":"SELECT INDEX OR ANY DATA RELATED THERETO AND","page_number":15,"box":{"x":83,"y":550,"width":398,"height":7}},{"id":"cff1f78e-b2ce-4418-bd09-5010c1e69fa5","block_type":"box","text":"SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS OR","page_number":15,"box":{"x":83,"y":561,"width":398,"height":8}},{"id":"afdade15-cde5-4200-8298-4e0b9f187c91","block_type":"box","text":"INTERRUPTIONS THEREIN. BLOOMBERG DOES NOT MAKE","page_number":15,"box":{"x":83,"y":572,"width":397,"height":7}},{"id":"046beb17-3216-4231-9e27-987d5bbfb44a","block_type":"box","text":"ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO","page_number":15,"box":{"x":82,"y":583,"width":399,"height":8}},{"id":"32ca69db-ec8e-4d22-a24e-b8c307e12c07","block_type":"box","text":"BE OBTAINED BY STATE STREET, OWNERS OF THE STATE","page_number":15,"box":{"x":83,"y":594,"width":397,"height":8}},{"id":"5cdfaacd-f441-4f84-b547-ab9593be0f6a","block_type":"box","text":"STREET SPDR BLOOMBERG U.S. HIGH YIELD CORPORATE","page_number":15,"box":{"x":83,"y":604,"width":397,"height":8}},{"id":"2396af6f-5baa-434b-8e12-8da46b80d2f1","block_type":"box","text":"SCORED UCITS ETF OR ANY OTHER PERSON OR ENTITY","page_number":15,"box":{"x":83,"y":615,"width":398,"height":8}},{"id":"d2e2bf30-ec8a-4390-b36f-c8e52bc06d39","block_type":"box","text":"FROM THE USE OF THE BLOOMBERG SASB SCORED US","page_number":15,"box":{"x":83,"y":626,"width":398,"height":8}},{"id":"020dc62b-300a-4a17-9153-40c7c8bef246","block_type":"box","text":"CORPORATE HIGH YIELD EX-CONTROVERSIES SELECT","page_number":15,"box":{"x":83,"y":637,"width":398,"height":7}},{"id":"c753932a-0040-484f-a4ac-ca09a78268a4","block_type":"box","text":"INDEX OR ANY DATA RELATED THERETO. BLOOMBERG","page_number":15,"box":{"x":83,"y":648,"width":397,"height":7}},{"id":"a57e7573-1e18-469d-bb2f-413ba0636a0f","block_type":"box","text":"DOES NOT MAKE ANY EXPRESS OR IMPLIED WARRANTIES","page_number":15,"box":{"x":83,"y":659,"width":398,"height":7}},{"id":"e5b7cdbd-3e36-4072-83f9-7bb06b9dae36","block_type":"box","text":"AND EXPRESSLY DISCLAIMS ALL WARRANTIES OF","page_number":15,"box":{"x":82,"y":670,"width":399,"height":7}},{"id":"2a72077b-a474-4a16-b740-27a8458b17e0","block_type":"box","text":"MERCHANTABILITY OR FITNESS FOR A PARTICULAR","page_number":15,"box":{"x":83,"y":681,"width":398,"height":7}},{"id":"84ad0a61-11a5-4da8-9d21-13d112012ee9","block_type":"box","text":"PURPOSE OR USE WITH RESPECT TO THE BLOOMBERG","page_number":15,"box":{"x":83,"y":692,"width":398,"height":7}},{"id":"7a79c975-cbdb-466c-9ccb-11cc216a04e4","block_type":"box","text":"SASB SCORED US CORPORATE HIGH YIELD EX","page_number":15,"box":{"x":83,"y":703,"width":398,"height":7}},{"id":"33fbff7d-d72e-46c2-83b9-b8eef8798d4c","block_type":"box","text":"CONTROVERSIES SELECT INDEX OR ANY DATA RELATED","page_number":15,"box":{"x":83,"y":714,"width":398,"height":7}},{"id":"e3bd9a1d-aa2d-4476-a088-adacfa5f6d18","block_type":"box","text":"THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, TO","page_number":15,"box":{"x":82,"y":725,"width":399,"height":8}},{"id":"a64e3a02-0561-467c-8bb0-6e963427b95a","block_type":"box","text":"THE MAXIMUM EXTENT ALLOWED BY LAW, BLOOMBERG, ITS","page_number":15,"box":{"x":82,"y":736,"width":399,"height":8}},{"id":"b7abf4d3-974d-48a0-9c98-27f62784c8ea","block_type":"box","text":"LICENSORS, AND ITS AND THEIR RESPECTIVE EMPLOYEES,","page_number":15,"box":{"x":83,"y":747,"width":397,"height":8}},{"id":"1d027846-4f20-4910-b33a-5c87bf5376a7","block_type":"box","text":"CONTRACTORS, AGENTS, SUPPLIERS, AND VENDORS SHALL","page_number":15,"box":{"x":83,"y":758,"width":398,"height":8}},{"id":"10d2989c-06b2-4e0e-b549-49e0b8bd73e6","block_type":"box","text":"HAVE NO LIABILITY OR RESPONSIBILITY WHATSOEVER FOR","page_number":15,"box":{"x":83,"y":768,"width":398,"height":8}},{"id":"8c9c9f97-8f94-4a67-a5be-711d7947b889","block_type":"box","text":"ANY INJURY OR DAMAGES—WHETHER DIRECT, INDIRECT,","page_number":15,"box":{"x":82,"y":779,"width":398,"height":9}},{"id":"35703abc-7c74-4262-aba8-ee1a424177cf","block_type":"box","text":"CONSEQUENTIAL, INCIDENTAL, PUNITIVE OR OTHERWISE—","page_number":15,"box":{"x":83,"y":790,"width":398,"height":9}},{"id":"011c1547-053e-435c-8adb-b22b32de9be6","block_type":"box","text":"ARISING IN CONNECTION WITH THE STATE STREET SPDR","page_number":15,"box":{"x":82,"y":801,"width":399,"height":7}},{"id":"5ab20cc3-fb02-4547-8aa9-51ad96a5f1de","block_type":"box","text":"BLOOMBERG U.S. HIGH YIELD CORPORATE SCORED UCITS","page_number":15,"box":{"x":83,"y":812,"width":398,"height":7}},{"id":"e993296f-7716-4e32-9c70-e3871ecf6896","block_type":"box","text":"ETF OR BLOOMBERG SASB SCORED US CORPORATE HIGH","page_number":15,"box":{"x":83,"y":823,"width":397,"height":7}},{"id":"b3311992-1785-4886-8b2c-c13c2e08e528","block_type":"box","text":"YIELD EX-CONTROVERSIES SELECT INDEX OR ANY DATA OR","page_number":15,"box":{"x":82,"y":834,"width":399,"height":7}},{"id":"8aba8e70-b2fd-49dc-b0ab-1ac134cd3a81","block_type":"box","text":"VALUES RELATING THERETO—WHETHER ARISING FROM","page_number":15,"box":{"x":82,"y":845,"width":399,"height":7}},{"id":"f71a8730-f18c-4984-a3f9-7c48642b48c3","block_type":"box","text":"THEIR NEGLIGENCE OR OTHERWISE, EVEN IF NOTIFIED OF","page_number":15,"box":{"x":82,"y":856,"width":399,"height":8}},{"id":"4229f0fb-af15-4afb-ab1b-635817efc47c","block_type":"box","text":"THE POSSIBILITY THEREOF.","page_number":15,"box":{"x":82,"y":867,"width":183,"height":7}},{"id":"1e7a931d-6529-467c-9e6b-0dd9427eafc0","block_type":"box","text":"As of the date of the Supplement the Fund uses (within the meaning","page_number":15,"box":{"x":82,"y":896,"width":399,"height":9}},{"id":"58d93c8a-0f97-4a60-8a79-ac11f94b11da","block_type":"box","text":"of the Benchmark Regulation) the following BISL benchmark:","page_number":15,"box":{"x":82,"y":907,"width":362,"height":9}},{"id":"ef684bf6-3b68-4517-a859-5e20b3d2fb8a","block_type":"box","text":"Bloomberg SASB Scored US Corporate High Yield Ex","page_number":15,"box":{"x":83,"y":921,"width":398,"height":9}},{"id":"40752f1f-e9fc-45ab-9310-a590dc59f532","block_type":"box","text":"Controversies Select Index","page_number":15,"box":{"x":83,"y":932,"width":160,"height":7}},{"id":"59f0212f-2974-437e-bd69-c18781771f50","block_type":"box","text":"As of the date of the Supplement, BISL, a UK-based administrator,","page_number":15,"box":{"x":518,"y":149,"width":398,"height":9}},{"id":"edd4e6ec-2504-49d1-a786-f5bc5866835c","block_type":"box","text":"is no longer listed on the ESMA Register referred to in Article 36 of","page_number":15,"box":{"x":518,"y":160,"width":399,"height":9}},{"id":"3375dfdf-9829-4b5c-8eff-e10b760f4c93","block_type":"box","text":"the Benchmark Regulation. The transition period for third country","page_number":15,"box":{"x":518,"y":171,"width":399,"height":9}},{"id":"fc4b5dca-49f8-48ec-8316-a5f86afcd61e","block_type":"box","text":"benchmarks under the Benchmark Regulation, however, runs until","page_number":15,"box":{"x":518,"y":182,"width":398,"height":9}},{"id":"bd8c5425-6234-4570-8f67-dd096c67cadc","block_type":"box","text":"31 December 2025. EU supervised entities may continue to use","page_number":15,"box":{"x":518,"y":193,"width":398,"height":9}},{"id":"cd8b730d-0fc1-4e94-9daf-f37fffe781ab","block_type":"box","text":"third country benchmarks like Bloomberg SASB Scored US","page_number":15,"box":{"x":518,"y":204,"width":398,"height":9}},{"id":"345383c7-77b2-41ce-9828-070886167429","block_type":"box","text":"Corporate High Yield Ex-Controversies Select Index during that","page_number":15,"box":{"x":518,"y":215,"width":398,"height":9}},{"id":"db6c2238-faf0-49b3-bc69-e3f42c764aef","block_type":"box","text":"period.","page_number":15,"box":{"x":518,"y":226,"width":39,"height":9}},{"id":"cda76a2c-8d14-43d9-97c8-5c4603ed0e99","block_type":"box","text":"SASB® does not take any position as to whether an issuer should","page_number":15,"box":{"x":518,"y":255,"width":398,"height":9}},{"id":"5d1e4e5c-c05b-4c48-a251-4ad8830ad472","block_type":"box","text":"be included or excluded from the Bloomberg SASB Scored US","page_number":15,"box":{"x":518,"y":266,"width":398,"height":9}},{"id":"9d159229-daba-494c-8c5f-6a8ba680d045","block_type":"box","text":"Corporate High Yield Ex-Controversies Select Index .","page_number":15,"box":{"x":518,"y":277,"width":315,"height":9}},{"id":"0ecc72ae-1fec-4a14-9347-b129bc200208","block_type":"box","text":"\"SPDR®\" is a registered trademark of Standard & Poor's Financial","page_number":15,"box":{"x":518,"y":291,"width":398,"height":9}},{"id":"e0c6915f-2194-4008-bed2-695cc689be56","block_type":"box","text":"Services LLC (\"S&P\") and has been licensed for use by State Street","page_number":15,"box":{"x":518,"y":302,"width":398,"height":9}},{"id":"19375a7a-b1b6-4b01-95ac-efd626d535f1","block_type":"box","text":"Corporation. No financial product offered by State Street","page_number":15,"box":{"x":518,"y":313,"width":399,"height":9}},{"id":"94378373-5485-42ec-b81c-4bbdcdd054fe","block_type":"box","text":"Corporation or its affiliates is sponsored, endorsed, sold or","page_number":15,"box":{"x":518,"y":324,"width":399,"height":9}},{"id":"3335d802-c96c-4ca8-9ff6-44f32b31dc3f","block_type":"box","text":"promoted by S&P or its affiliates, and S&P and its affiliates make no","page_number":15,"box":{"x":518,"y":335,"width":398,"height":9}},{"id":"267af9ac-d458-4b66-9770-b586c83e7620","block_type":"box","text":"representation, warranty or condition regarding the advisability of","page_number":15,"box":{"x":518,"y":346,"width":398,"height":9}},{"id":"f3f629cd-b22c-4cf1-999a-0249ba444b6a","block_type":"box","text":"buying, selling or holding units/shares in such products. Standard &","page_number":15,"box":{"x":518,"y":357,"width":399,"height":9}},{"id":"27458f99-ff8e-4300-bf6b-4fbb6e3ad55d","block_type":"box","text":"Poor's®, S&P®, SPDR®, S&P 500® are registered trademarks of","page_number":15,"box":{"x":519,"y":368,"width":397,"height":9}},{"id":"5d6f274a-c75b-44d3-b811-f2bd9e4500d9","block_type":"box","text":"Standard & Poor's Financial Services LLC and have been licensed","page_number":15,"box":{"x":518,"y":379,"width":398,"height":7}},{"id":"881fd3e3-9487-4762-af7f-2cbe39e72dcf","block_type":"box","text":"for use by State Street Corporation.","page_number":15,"box":{"x":518,"y":390,"width":210,"height":9}}],"unit":"per_mille","page_width":595,"page_height":842,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":15}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"d8e24a05-1569-42fb-a668-80b228c45242"},"user_id":1000002,"date_created":"2026-10-05T20:58:25.551000Z","date_modified":"2026-10-05T20:58:25.551000Z","private":false}