{"annotation_id":"10eedff3-1882-4395-b4b4-c60319376e4a","file_hash":"828d907947ab3ca265289324aad223a4aa8ac8c489fd7d8f5379e070fc854f78","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"f7aa8e25-44ee-44fd-98bd-7cf3909930a2","block_type":"box","text":"UK Conventional Gilts Over 15 Years","page_number":1,"box":{"x":52,"y":71,"width":622,"height":18}},{"id":"d68da385-1a92-4c6f-af19-8e2b113e64b3","block_type":"box","text":"Index Sub-Fund","page_number":1,"box":{"x":52,"y":105,"width":269,"height":19}},{"id":"3735d17c-4f48-44f5-bc79-7f76a4b63224","block_type":"box","text":"Asset Class","page_number":1,"box":{"x":754,"y":46,"width":58,"height":6}},{"id":"8bf21875-2b5c-4c1c-9d79-553c0e0321db","block_type":"box","text":"Fixed Income","page_number":1,"box":{"x":754,"y":62,"width":71,"height":5}},{"id":"5a57af83-837b-4abd-b753-74adfd95d71f","block_type":"box","text":"Fund Identifier","page_number":1,"box":{"x":754,"y":92,"width":72,"height":6}},{"id":"7c33bcf8-5501-4ff1-985b-ac9d7c9c93c1","block_type":"box","text":"GB00BDCLKT05","page_number":1,"box":{"x":754,"y":106,"width":93,"height":6}},{"id":"b61fa8a8-8781-43fc-a984-8997b8968343","block_type":"box","text":"As of 31 Oct 2025","page_number":1,"box":{"x":753,"y":136,"width":92,"height":6}},{"id":"9084c8e1-6a99-4d7c-9b49-60748e55839a","block_type":"box","text":"The information presented is intend to provide transparency to investors around sustainability characteristics of the fund. Presenting this information should not be construed as a","page_number":1,"box":{"x":50,"y":182,"width":883,"height":7}},{"id":"e3e614c5-e466-4dd1-8484-c012bcb14797","block_type":"box","text":"representation of the fund’s current or future investment objective, nor should it be viewed as an indicator of the fund manager’s current or future investment decision-making.","page_number":1,"box":{"x":51,"y":192,"width":860,"height":8}},{"id":"e8ba5d4a-87c5-4cc8-8649-63492c98a4d5","block_type":"box","text":"Source: State Street Investment Management, MSCI, CBI. Holdings as of 31 Oct 2025,","page_number":1,"box":{"x":50,"y":228,"width":424,"height":7}},{"id":"ecdc9de2-0699-46d0-a1b6-a5accdeda520","block_type":"box","text":"sustainability data as of 30 Sep 2025.","page_number":1,"box":{"x":50,"y":238,"width":188,"height":8}},{"id":"975eec02-3bbf-489e-af2b-2271cbbc8c2d","block_type":"box","text":"See Glossary for definitions and detailed calculation notes such as missing data","page_number":1,"box":{"x":50,"y":247,"width":393,"height":8}},{"id":"3ff558e1-b404-47d6-a7c4-eb76fe6ed431","block_type":"box","text":"treatment, data lag and exclusions. The results are estimates based on assumptions","page_number":1,"box":{"x":50,"y":258,"width":416,"height":7}},{"id":"4b945706-d17e-48a0-aaf5-7761aece0038","block_type":"box","text":"and analysis made by State Street Investment Management. They are not intended to","page_number":1,"box":{"x":50,"y":269,"width":423,"height":7}},{"id":"db8e466e-aaee-42c2-8eef-6f106609339b","block_type":"box","text":"represent actual results of any offering.","page_number":1,"box":{"x":51,"y":279,"width":192,"height":8}},{"id":"a1a8e9df-6dbe-4610-af5c-bdec41ecae4b","block_type":"box","text":"Actual results may differ.","page_number":1,"box":{"x":50,"y":291,"width":123,"height":7}},{"id":"d8993e1e-3d73-4972-b523-2211ecd73c12","block_type":"box","text":"Green Bonds","page_number":1,"box":{"x":50,"y":332,"width":97,"height":8}},{"id":"d8f57158-f549-4db8-9e52-ae8a573682e2","block_type":"box","text":"2.92%","page_number":1,"box":{"x":111,"y":362,"width":51,"height":8}},{"id":"505d1c09-383a-43d0-8a6a-fc100e8be715","block_type":"box","text":"Adverse Sustainability Indicator","page_number":1,"box":{"x":50,"y":411,"width":241,"height":10}},{"id":"729511e7-e4a9-414f-9aae-f9089f3edc42","block_type":"box","text":"Sovereign - Additional Social","page_number":1,"box":{"x":50,"y":437,"width":154,"height":7}},{"id":"c502291c-1256-49ef-88cb-cacb170adc50","block_type":"box","text":"Average Income Inequality Score","page_number":1,"box":{"x":50,"y":485,"width":165,"height":7}},{"id":"8da32726-350c-4b2a-a947-03c35463b88d","block_type":"box","text":"32.79","page_number":1,"box":{"x":359,"y":486,"width":38,"height":6}},{"id":"b5efbaad-b8c0-44b9-89ca-ff0871ed2b85","block_type":"box","text":"Average Freedom Of Expression Score","page_number":1,"box":{"x":50,"y":501,"width":195,"height":7}},{"id":"650636d8-971f-41ff-8f39-00e20d0eff0a","block_type":"box","text":"77.00","page_number":1,"box":{"x":359,"y":502,"width":38,"height":6}},{"id":"651166cb-0f3c-423d-92c0-74434efb8262","block_type":"box","text":"Sovereign - Governance","page_number":1,"box":{"x":50,"y":522,"width":129,"height":8}},{"id":"b7da2161-f4e3-469d-ba02-42dad0b0d21c","block_type":"box","text":"Average Corruption Score","page_number":1,"box":{"x":50,"y":570,"width":131,"height":7}},{"id":"2cbd9556-1d2b-481d-ade5-91df23baa109","block_type":"box","text":"71.00","page_number":1,"box":{"x":359,"y":571,"width":38,"height":6}},{"id":"894ac0cb-abb2-4e5c-a55e-e32d41a651bc","block_type":"box","text":"Sovereign - Jurisdictions","page_number":1,"box":{"x":50,"y":592,"width":133,"height":7}},{"id":"76d2f759-399a-46e9-9fe4-404aed9b94bb","block_type":"box","text":"Average Political Stability Score","page_number":1,"box":{"x":50,"y":640,"width":159,"height":7}},{"id":"889befbb-c24e-4a2c-a596-af919bae9008","block_type":"box","text":"7.12","page_number":1,"box":{"x":367,"y":641,"width":30,"height":5}},{"id":"34087a0a-3c07-4c7c-a36d-e1d971b0f5af","block_type":"box","text":"Average Rule Of Law Score","page_number":1,"box":{"x":50,"y":655,"width":136,"height":8}},{"id":"af621bce-648e-418b-8bf7-00a4ca422826","block_type":"box","text":"1.40","page_number":1,"box":{"x":367,"y":656,"width":30,"height":6}},{"id":"046816bf-8b62-429a-9f1a-30ead91b7d51","block_type":"box","text":"ESG Score","page_number":1,"box":{"x":535,"y":228,"width":79,"height":8}},{"id":"b02bd0d5-8d55-4326-a2c9-1286b78454d9","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":608,"y":251,"width":41,"height":6}},{"id":"65d74d89-ffcf-453e-9718-ce9aaffe8955","block_type":"box","text":"6.59","page_number":1,"box":{"x":609,"y":263,"width":79,"height":15}},{"id":"56abd8cb-da3c-4916-b3e4-031f1d44e75a","block_type":"box","text":"ESG Rating","page_number":1,"box":{"x":770,"y":228,"width":84,"height":10}},{"id":"0fdd1503-9ab6-46a6-a629-dbfba3af9b43","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":842,"y":251,"width":42,"height":6}},{"id":"fdb3f637-25f7-48be-89d2-bca586981741","block_type":"box","text":"A","page_number":1,"box":{"x":842,"y":263,"width":19,"height":15}},{"id":"eba6c1aa-2aee-4981-bd4e-47ba060be83b","block_type":"box","text":"ESG Rating Distribution","page_number":1,"box":{"x":516,"y":333,"width":176,"height":10}},{"id":"62a2fd7b-0648-4c00-9640-97c671449387","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":907,"y":357,"width":41,"height":6}},{"id":"d860dc19-7712-4c8a-a933-878b4e6ec7b4","block_type":"box","text":"ESG Leaders","page_number":1,"box":{"x":516,"y":371,"width":65,"height":6}},{"id":"2031c4cd-a7d8-4035-bc30-95aa8ed6c912","block_type":"box","text":"0.00%","page_number":1,"box":{"x":910,"y":372,"width":38,"height":6}},{"id":"5fddf230-dc9f-4da7-9031-c7cd08c1da4a","block_type":"box","text":"ESG Average","page_number":1,"box":{"x":516,"y":387,"width":66,"height":7}},{"id":"2055b373-431e-4ed5-973d-2a273b39b5c5","block_type":"box","text":"98.30%","page_number":1,"box":{"x":903,"y":388,"width":45,"height":6}},{"id":"e0b40ab2-f123-4084-8f9a-33f81882ff41","block_type":"box","text":"ESG Laggards","page_number":1,"box":{"x":516,"y":403,"width":71,"height":7}},{"id":"a7c7cced-ffef-4548-a92c-cc3f566c8715","block_type":"box","text":"0.00%","page_number":1,"box":{"x":910,"y":404,"width":38,"height":6}},{"id":"7d22c46f-85a5-46c7-a791-c50c686d62f1","block_type":"box","text":"ESG Not Covered","page_number":1,"box":{"x":516,"y":418,"width":88,"height":6}},{"id":"05a24bbb-47ee-4fc7-9913-f05de96541b5","block_type":"box","text":"1.70%","page_number":1,"box":{"x":911,"y":420,"width":37,"height":5}},{"id":"9e276f48-b189-48ec-9de7-c5dac12fc505","block_type":"box","text":"Weighted Average Carbon Intensity","page_number":1,"box":{"x":515,"y":456,"width":268,"height":10}},{"id":"72cdf1ea-1ac5-4d96-ba75-33bcb5554b7a","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":760,"y":492,"width":39,"height":6}},{"id":"acc9552c-8490-4ea7-b9c1-8a803a0957a5","block_type":"box","text":"Coverage %","page_number":1,"box":{"x":892,"y":482,"width":56,"height":7}},{"id":"cd33ad3e-e1be-4af0-9623-1eb20f474e68","block_type":"box","text":"MV Portfolio","page_number":1,"box":{"x":891,"y":492,"width":57,"height":6}},{"id":"4daf0d7e-1db2-4b05-892b-c8b030b8b381","block_type":"box","text":"Scope 1 Exclude LULUCF","page_number":1,"box":{"x":515,"y":506,"width":118,"height":7}},{"id":"69bdcbd8-c475-44d6-bfe5-b2c1ee179b8b","block_type":"box","text":"99.03","page_number":1,"box":{"x":764,"y":507,"width":34,"height":5}},{"id":"024d2277-1299-43b0-864b-10069f0010ed","block_type":"box","text":"98.30","page_number":1,"box":{"x":913,"y":507,"width":35,"height":5}},{"id":"f3e1c484-3229-4f74-998f-0ee6aaf077b1","block_type":"box","text":"Scope 1 Include LULUCF","page_number":1,"box":{"x":515,"y":521,"width":115,"height":7}},{"id":"870b1dc4-274a-4a01-8dda-83c002514639","block_type":"box","text":"103.03","page_number":1,"box":{"x":757,"y":522,"width":41,"height":6}},{"id":"e46e26cb-2ba3-405f-a855-25c0f9be49f1","block_type":"box","text":"98.30","page_number":1,"box":{"x":913,"y":522,"width":35,"height":6}},{"id":"b57833f2-bc0d-4c78-9d54-7aeb8344db2f","block_type":"box","text":"Consumption","page_number":1,"box":{"x":516,"y":537,"width":62,"height":6}},{"id":"59c5ca0b-b67e-429d-a0bb-0d5b6d5e14c7","block_type":"box","text":"138.85","page_number":1,"box":{"x":757,"y":538,"width":42,"height":5}},{"id":"52c09a0a-ef0b-4be3-9f6c-bea4ca968762","block_type":"box","text":"98.30","page_number":1,"box":{"x":913,"y":538,"width":35,"height":5}},{"id":"3247192f-a05a-409a-8441-dde47995a612","block_type":"box","text":"Total Carbon Emissions","page_number":1,"box":{"x":516,"y":574,"width":177,"height":8}},{"id":"aac909dd-1508-42d5-9585-066fc32a3e78","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":757,"y":609,"width":42,"height":6}},{"id":"221d8171-4332-4ddd-a6bc-f514b551477a","block_type":"box","text":"Coverage %","page_number":1,"box":{"x":888,"y":599,"width":60,"height":7}},{"id":"10a7fc29-ff7c-43c4-8ad1-67cab077fb94","block_type":"box","text":"MV Portfolio","page_number":1,"box":{"x":887,"y":609,"width":61,"height":6}},{"id":"a0189ca4-48ad-4de9-8e21-cf30012413b1","block_type":"box","text":"Scope 1 Exclude LULUCF","page_number":1,"box":{"x":516,"y":623,"width":126,"height":8}},{"id":"2ff4b0b4-6cba-477f-ac6b-8ebd0d0b094d","block_type":"box","text":"18,741.93","page_number":1,"box":{"x":731,"y":625,"width":67,"height":7}},{"id":"e96a2f86-fcb5-447b-b4da-c1644e56ddba","block_type":"box","text":"98.30","page_number":1,"box":{"x":911,"y":625,"width":37,"height":6}},{"id":"ffb88966-8ce4-4853-a187-1c3cf5d7b385","block_type":"box","text":"Scope 1 Include LULUCF","page_number":1,"box":{"x":516,"y":639,"width":122,"height":7}},{"id":"9c9f06ee-bc5d-47b6-8744-ce3ff5fdb6bd","block_type":"box","text":"19,500.22","page_number":1,"box":{"x":731,"y":640,"width":67,"height":8}},{"id":"86ff5133-4e34-4a42-8ff3-a834b976f6ff","block_type":"box","text":"98.30","page_number":1,"box":{"x":911,"y":640,"width":37,"height":6}},{"id":"80087904-0d4a-4ae2-ac93-ad464556f70e","block_type":"box","text":"Consumption","page_number":1,"box":{"x":516,"y":655,"width":67,"height":7}},{"id":"cbf0256d-c015-44d2-913b-0a77234f824f","block_type":"box","text":"26,279.48","page_number":1,"box":{"x":730,"y":656,"width":69,"height":7}},{"id":"c44a2b2f-54f4-4b4d-9352-1b6480ab6d20","block_type":"box","text":"98.30","page_number":1,"box":{"x":911,"y":656,"width":37,"height":6}},{"id":"792d9bdc-7dac-4f6e-8ab9-e8a069dc5460","block_type":"box","text":"Government Freedom Status","page_number":1,"box":{"x":516,"y":692,"width":221,"height":8}},{"id":"91fd9fd2-104a-4a78-bb7a-fd1ddf0bae6e","block_type":"box","text":"(Market Value)","page_number":1,"box":{"x":516,"y":707,"width":63,"height":5}},{"id":"303c1532-a08b-49de-9d63-6d525c9bf006","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":624,"y":737,"width":39,"height":5}},{"id":"1450769e-91a7-4703-9a88-64be45fd31d5","block_type":"box","text":"Free","page_number":1,"box":{"x":533,"y":756,"width":20,"height":6}},{"id":"970b1487-8836-491a-903b-d6a9c50aeb1d","block_type":"box","text":"98.30%","page_number":1,"box":{"x":616,"y":757,"width":46,"height":6}},{"id":"b24cb462-b87f-4cf0-a41c-0c4bd1f350d9","block_type":"box","text":"Partially Free","page_number":1,"box":{"x":533,"y":776,"width":60,"height":7}},{"id":"bda01b05-ee06-4466-bb1a-d32aa38704c4","block_type":"box","text":"0.00%","page_number":1,"box":{"x":624,"y":777,"width":38,"height":6}},{"id":"2e9165af-03d5-4016-acf3-0e87d1340be5","block_type":"box","text":"Not Free","page_number":1,"box":{"x":533,"y":796,"width":39,"height":6}},{"id":"8db119b9-1b39-4dda-b591-7162ceec56e3","block_type":"box","text":"0.00%","page_number":1,"box":{"x":624,"y":797,"width":38,"height":6}},{"id":"533c5001-ddab-4103-90a7-6c2fa7e74da9","block_type":"box","text":"No Data","page_number":1,"box":{"x":533,"y":816,"width":37,"height":6}},{"id":"25d6b2e1-7d7a-4a54-8a3f-4a2cce1005b9","block_type":"box","text":"1.70%","page_number":1,"box":{"x":625,"y":817,"width":37,"height":6}},{"id":"4da9d0e1-3ca1-41b5-9c46-1687195844fd","block_type":"box","text":"Report ID: 5088508.1","page_number":1,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"f0f7ad38-5594-470d-917a-f77383b6ed03","block_type":"box","text":"Published: 18 Nov 2025","page_number":1,"box":{"x":496,"y":968,"width":129,"height":7}},{"id":"d698a2e9-483b-4947-85ac-d392d64a43af","block_type":"box","text":"P","page_number":1,"box":{"x":902,"y":968,"width":5,"height":6}},{"id":"cde292bf-5be2-4e2c-a91a-4695593ef10f","block_type":"box","text":"a","page_number":1,"box":{"x":908,"y":970,"width":5,"height":4}},{"id":"8e7d7150-48ab-48b4-998b-e2e54691e25e","block_type":"box","text":"g","page_number":1,"box":{"x":913,"y":970,"width":6,"height":5}},{"id":"33c888f5-6c8f-47c9-9c83-3411420e9e78","block_type":"box","text":"e","page_number":1,"box":{"x":919,"y":970,"width":5,"height":4}},{"id":"651a4f7b-615b-44b0-8561-784bd386453f","block_type":"box","text":"1","page_number":1,"box":{"x":927,"y":968,"width":2,"height":6}},{"id":"00494aac-e5c1-4c00-bdcd-ec255ae2d6bb","block_type":"box","text":"of","page_number":1,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"2bfb4ca4-d607-4ddb-9931-765d1065eccd","block_type":"box","text":"5","page_number":1,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"9a1b7448-2c70-445d-bf76-c72afe92111f","block_type":"box","text":"Glossary","page_number":2,"box":{"x":51,"y":57,"width":129,"height":19}},{"id":"b6d2350a-a915-4542-b7c7-949a42eb2cac","block_type":"box","text":"Sustainability data is as of the date identified in the report sections","page_number":2,"box":{"x":50,"y":92,"width":394,"height":9}},{"id":"ed76c61c-eca0-46aa-952f-271cae4f7246","block_type":"box","text":"above, usually on a month lag. All metrics are reported in USD unless","page_number":2,"box":{"x":50,"y":105,"width":406,"height":9}},{"id":"d782bc15-32e1-46bc-93e4-783d61d25c11","block_type":"box","text":"otherwise stated.","page_number":2,"box":{"x":50,"y":118,"width":102,"height":7}},{"id":"bad95c24-eac7-4166-8970-6e740ee3e650","block_type":"box","text":"Data Treatments:","page_number":2,"box":{"x":51,"y":135,"width":111,"height":7}},{"id":"0deb6f94-4ff5-4b6c-bfd4-1e155c236733","block_type":"box","text":"State Street applies the data treatments where appli","page_number":2,"box":{"x":168,"y":135,"width":310,"height":9}},{"id":"4b221135-312b-4e00-8631-cb16b3e5c3e5","block_type":"box","text":"cable to Sustainability Metrics. To review the data treatments and the","page_number":2,"box":{"x":50,"y":148,"width":413,"height":9}},{"id":"5202798b-244f-41e2-a44e-2bb017414573","block_type":"box","text":"metrics they are applied to please see the data treatments table below.","page_number":2,"box":{"x":51,"y":161,"width":419,"height":9}},{"id":"ab9f1439-d588-47c6-a5e5-20b788ba71b9","block_type":"box","text":"ESG Score/ESG Rating - MSCI:","page_number":2,"box":{"x":51,"y":178,"width":194,"height":9}},{"id":"b5196b76-6805-42ff-be57-e1fbb3459dfe","block_type":"box","text":"Provide an opinion of sovereign and","page_number":2,"box":{"x":249,"y":178,"width":210,"height":9}},{"id":"c8fa450f-e5e3-48ba-ad2e-b0c0c8a39c8c","block_type":"box","text":"sub-sovereign entities’ exposure to and management of ESG risks. MSCI","page_number":2,"box":{"x":50,"y":191,"width":429,"height":9}},{"id":"8e1e2824-b36c-4116-af98-beb45ab45387","block_type":"box","text":"ESG Research defines ESG risks to sovereign or sub sovereign entities","page_number":2,"box":{"x":51,"y":204,"width":417,"height":9}},{"id":"c9ac393f-07e7-4e78-b65c-ea8550dd7f8b","block_type":"box","text":"as environmental, social, or governance-related issues that could impact","page_number":2,"box":{"x":50,"y":217,"width":430,"height":9}},{"id":"c5999aa7-09b8-4385-aea0-0aba99a43f1f","block_type":"box","text":"the long-term sustainability of their economies. MSCI ESG Government","page_number":2,"box":{"x":50,"y":230,"width":423,"height":9}},{"id":"e4b97048-4bfc-4119-b4fa-2f66f749a37e","block_type":"box","text":"Ratings are determined for countries, local authorities, and supranational","page_number":2,"box":{"x":51,"y":243,"width":431,"height":8}},{"id":"6e4683aa-0ff6-4d75-8890-d3c8cf0682c6","block_type":"box","text":"administrative bodies and are relative to a global peer set. Each rating","page_number":2,"box":{"x":50,"y":256,"width":413,"height":8}},{"id":"37052550-a2ac-43c5-81a7-a1a87d7e5fee","block_type":"box","text":"takes into consideration measures of environmental risk and manage","page_number":2,"box":{"x":50,"y":268,"width":410,"height":9}},{"id":"871a2f2b-96eb-41a3-a758-095b04e1f499","block_type":"box","text":"ment, knowledge and social capital, and the strength of financial, judicial,","page_number":2,"box":{"x":51,"y":281,"width":428,"height":9}},{"id":"2f77faf8-9263-4edc-9b66-05c9785f71a0","block_type":"box","text":"and political systems. ESG Government Scores are calculated for all","page_number":2,"box":{"x":50,"y":294,"width":404,"height":9}},{"id":"9b969062-dd3c-4c25-aee4-ccf750ecc74a","block_type":"box","text":"countries and then converted into a letter rating. The AAA rating rep","page_number":2,"box":{"x":50,"y":307,"width":405,"height":9}},{"id":"60e4e55b-4460-40d6-a271-b84745edc291","block_type":"box","text":"resents the highest ESG Rating (i.e., lower ESG risk exposure and stron","page_number":2,"box":{"x":51,"y":319,"width":416,"height":9}},{"id":"daa18604-5e0d-48ba-9ce7-37b10afda9fb","block_type":"box","text":"ger risk management) whereas the CCC rating represents the lowest","page_number":2,"box":{"x":50,"y":332,"width":408,"height":9}},{"id":"01253ed8-06b6-4e1c-af5b-81e836b1ee09","block_type":"box","text":"ESG Rating (i.e., higher ESG risk exposure and weaker risk management).","page_number":2,"box":{"x":51,"y":345,"width":432,"height":9}},{"id":"ef2ee1d0-5222-484e-8f1b-d5d808609974","block_type":"box","text":"ESG Ratings Distribution - MSCI","page_number":2,"box":{"x":51,"y":363,"width":203,"height":9}},{"id":"24ade898-8d85-475a-813d-0f4b620ea968","block_type":"box","text":"ESG Leaders: Rated AAA or AA:","page_number":2,"box":{"x":78,"y":380,"width":203,"height":7}},{"id":"aab342b1-5576-4bfb-b475-7a51d62da156","block_type":"box","text":"Issuers(sovereign) that have","page_number":2,"box":{"x":285,"y":380,"width":167,"height":9}},{"id":"9956ad4e-e8e9-4a22-bb23-efd54ae0ce04","block_type":"box","text":"strong management of financially relevant environmental, social and","page_number":2,"box":{"x":77,"y":393,"width":404,"height":9}},{"id":"c45e2b84-60c0-4a38-b032-9d27cdc5fc5c","block_type":"box","text":"AA governance issues.","page_number":2,"box":{"x":77,"y":406,"width":135,"height":9}},{"id":"078ec20e-e902-4c7c-9cf2-5cd9d72a6e36","block_type":"box","text":"ESG Average: Rated A, BBB or BB:","page_number":2,"box":{"x":78,"y":424,"width":217,"height":8}},{"id":"96dcd352-97d6-43e7-a384-e5fc42fec4f1","block_type":"box","text":"Issuers(sovereign) that have","page_number":2,"box":{"x":299,"y":423,"width":166,"height":9}},{"id":"c5fb56b8-f325-4ed9-ba5a-ad0cb624f402","block_type":"box","text":"average management of ESG issues.","page_number":2,"box":{"x":77,"y":436,"width":217,"height":9}},{"id":"03092388-2bf3-4a61-9e3f-3d9c2efb2297","block_type":"box","text":"ESG Laggards: Rated B or CCC:","page_number":2,"box":{"x":78,"y":454,"width":199,"height":9}},{"id":"9c735536-8e36-49c6-afee-02647d1384b7","block_type":"box","text":"Issuers(sovereign) that do not","page_number":2,"box":{"x":282,"y":454,"width":175,"height":9}},{"id":"dedf1b58-7caf-4766-9623-3054caa8ccb7","block_type":"box","text":"demonstrate adequate management of the financially relevant ESG","page_number":2,"box":{"x":77,"y":467,"width":400,"height":9}},{"id":"e03e6618-eef5-41a2-adc9-b74102786ec6","block_type":"box","text":"risks that they face.","page_number":2,"box":{"x":78,"y":480,"width":114,"height":8}},{"id":"68d7cddf-2ca5-47cd-8ef3-730fd9691774","block_type":"box","text":"ESG Not Covered:","page_number":2,"box":{"x":78,"y":497,"width":113,"height":7}},{"id":"93395906-1b8f-444c-b559-a11072ddfd1a","block_type":"box","text":"Issuers(sovereign) which have not been evaluat","page_number":2,"box":{"x":195,"y":497,"width":280,"height":9}},{"id":"9ce241f2-33c2-4a27-ae48-325500991199","block_type":"box","text":"ed for ESG sustainability risks.","page_number":2,"box":{"x":77,"y":510,"width":179,"height":9}},{"id":"a9f143bf-90a1-47cc-b805-e4ce19251036","block_type":"box","text":"Green Bonds – CBI:","page_number":2,"box":{"x":50,"y":528,"width":123,"height":7}},{"id":"c562fb56-2085-4895-a6c7-58589d907ae0","block_type":"box","text":"Market Value of Securities with Green Bonds as","page_number":2,"box":{"x":177,"y":528,"width":281,"height":7}},{"id":"083bb996-8662-49a5-8abe-5372d6d6a284","block_type":"box","text":"a Percentage of the Total Market Value of all Securities in the Portfolio.","page_number":2,"box":{"x":50,"y":540,"width":416,"height":9}},{"id":"b2447a06-d14e-430c-8c56-861758d36662","block_type":"box","text":"Bonds are identified as green if they meet the criteria for Climate Bonds","page_number":2,"box":{"x":51,"y":553,"width":423,"height":9}},{"id":"60b0504b-3919-44d6-ba12-d2af6ef2bf60","block_type":"box","text":"Initiative’s (CBI) green labelled database. For more information on the","page_number":2,"box":{"x":51,"y":566,"width":408,"height":9}},{"id":"21496d3b-4f5f-42c1-a5c5-4ed6eec16cc0","block_type":"box","text":"Green Bond Database methodology, please visit","page_number":2,"box":{"x":50,"y":579,"width":286,"height":9}},{"id":"30229709-7892-4348-a021-79c0e398bb6f","block_type":"box","text":"https://www.climate","page_number":2,"box":{"x":340,"y":579,"width":116,"height":9}},{"id":"a581bff6-a52d-4e5c-b8f9-6b5eaf00e551","block_type":"box","text":"bonds.net/data-insights/market-data/green-bond-dataset-methodology","page_number":2,"box":{"x":51,"y":592,"width":431,"height":9}},{"id":"0bc92400-5d72-43b0-a978-f722fcec4f18","block_type":"box","text":"Adverse Sustainability Indicators(Weighted Average) - MSCI","page_number":2,"box":{"x":50,"y":609,"width":387,"height":9}},{"id":"b3996478-f289-4fa8-9d50-70006f0ec55e","block_type":"box","text":"Average Income Inequality Score(Weighted):","page_number":2,"box":{"x":77,"y":627,"width":286,"height":9}},{"id":"3712e673-5d54-4c69-be4d-06c039d794dc","block_type":"box","text":"measures the","page_number":2,"box":{"x":367,"y":627,"width":80,"height":7}},{"id":"d66aa9c3-c699-4e71-ba71-f984ed22ab67","block_type":"box","text":"extent to which the distribution of income (or, in some cases, con","page_number":2,"box":{"x":77,"y":640,"width":382,"height":8}},{"id":"0e63515b-e7a1-4772-b972-415ec756f5bb","block_type":"box","text":"sumption expenditure) among individuals or households within an","page_number":2,"box":{"x":77,"y":652,"width":388,"height":9}},{"id":"6b081a96-aba2-470f-82fd-dd49000eff22","block_type":"box","text":"economy deviates from a perfectly equal distribution.","page_number":2,"box":{"x":77,"y":665,"width":317,"height":9}},{"id":"3d9bb195-7cec-4d0d-a261-cbc59a13dc38","block_type":"box","text":"Average Corruption Score(Weighted):","page_number":2,"box":{"x":77,"y":683,"width":242,"height":9}},{"id":"313e87d0-d945-49f4-90fa-6fbc552b81a9","block_type":"box","text":"Perceptions of public-sec","page_number":2,"box":{"x":324,"y":683,"width":151,"height":9}},{"id":"8eda3d21-be86-42bf-b910-0a87731fa9bf","block_type":"box","text":"tor corruption, including bribery, diversion of public funds, use of","page_number":2,"box":{"x":77,"y":696,"width":381,"height":9}},{"id":"758edee1-1825-4258-ad5b-5f9e7d7ec072","block_type":"box","text":"public office for private gain, nepotism in the civil service, state","page_number":2,"box":{"x":78,"y":709,"width":369,"height":8}},{"id":"64c4eed6-31d4-4a47-9963-95208b09c9ad","block_type":"box","text":"capture and mechanisms available to prevent corruption.","page_number":2,"box":{"x":77,"y":722,"width":339,"height":8}},{"id":"3d6a4a2e-c839-4a22-aada-f7bb7ad9b2b5","block_type":"box","text":"Average Rule of Law Score(Weighted):","page_number":2,"box":{"x":77,"y":739,"width":245,"height":9}},{"id":"cde6d22c-5584-422b-947f-38a3151137f2","block_type":"box","text":"measures the strength","page_number":2,"box":{"x":326,"y":739,"width":133,"height":9}},{"id":"33ddd67a-e508-4c73-bd32-3a1e6b145032","block_type":"box","text":"and predictability of a country’s legal system and institutions. As","page_number":2,"box":{"x":77,"y":752,"width":379,"height":9}},{"id":"1d2467f2-9555-4bad-9458-3c94d73c748c","block_type":"box","text":"sesses factors like: Protection of property rights, Contract enforce","page_number":2,"box":{"x":77,"y":765,"width":392,"height":8}},{"id":"bd2c05fa-c84a-4e31-97ee-f3c4a23eb045","block_type":"box","text":"ment, Absence of corruption, Public safety and security.","page_number":2,"box":{"x":78,"y":778,"width":331,"height":8}},{"id":"cedbd8f4-7b83-48f4-a6bd-457ef02a5177","block_type":"box","text":"Average Freedom of Expression Score(Weighted):","page_number":2,"box":{"x":77,"y":795,"width":319,"height":9}},{"id":"95244670-a015-4f93-b36f-2eade3163e5d","block_type":"box","text":"assesses","page_number":2,"box":{"x":399,"y":797,"width":55,"height":5}},{"id":"6a877e31-8937-47c3-824e-fb799d3f2092","block_type":"box","text":"the extent to which countries and their citizens enjoy freedom of","page_number":2,"box":{"x":77,"y":808,"width":381,"height":9}},{"id":"bc76c4a3-322f-40e6-9912-7dbe0b503ad9","block_type":"box","text":"expression. It evaluates the protection and promotion of fundamen","page_number":2,"box":{"x":77,"y":821,"width":395,"height":8}},{"id":"532dfd44-dd54-44b3-b056-afd92ca3fc13","block_type":"box","text":"tal freedoms, including freedom of speech, press, assembly, and","page_number":2,"box":{"x":77,"y":834,"width":379,"height":8}},{"id":"1844bc49-3d76-40ae-8b5c-4ac4b660a291","block_type":"box","text":"association.","page_number":2,"box":{"x":77,"y":847,"width":70,"height":6}},{"id":"a1fa180f-ef73-4a2d-9540-cb136e50c3bb","block_type":"box","text":"Average Political Stability Score(Weighted):","page_number":2,"box":{"x":77,"y":864,"width":280,"height":9}},{"id":"414937bf-4d28-4484-82c8-e011974d027d","block_type":"box","text":"assesses the poten","page_number":2,"box":{"x":361,"y":864,"width":114,"height":9}},{"id":"91030c4d-ab52-4547-828f-42a7dd8dcb99","block_type":"box","text":"tial adverse impacts of investment decisions on sustainability fac","page_number":2,"box":{"x":77,"y":877,"width":385,"height":8}},{"id":"63b36e39-328d-4ae9-81b8-56acc0d52222","block_type":"box","text":"tors. Analyzes various factors related to political stability, including","page_number":2,"box":{"x":77,"y":890,"width":393,"height":8}},{"id":"82835ef6-beaa-4072-a236-c414f213e1e0","block_type":"box","text":"government stability, internal conflict, and external conflict.","page_number":2,"box":{"x":77,"y":902,"width":350,"height":9}},{"id":"cd0c2f60-66ec-466a-8771-0c1367084b47","block_type":"box","text":"Sovereign - Weighted Average Carbon Intensity - MSCI:","page_number":2,"box":{"x":50,"y":920,"width":355,"height":9}},{"id":"d32f74dc-9a2b-4c9f-8b1d-9f43257ee05f","block_type":"box","text":"Weighted","page_number":2,"box":{"x":409,"y":920,"width":56,"height":9}},{"id":"717192b0-4ed3-4d3e-86dc-cfbf5cc53d2e","block_type":"box","text":"Average Carbon Intensity (WACI) evaluates a portfolio’s relative expo","page_number":2,"box":{"x":515,"y":92,"width":409,"height":9}},{"id":"314b9cd5-c60e-4916-827c-20c43967fd75","block_type":"box","text":"sure to carbon intensive economies. Portfolio-weighted GHG emis","page_number":2,"box":{"x":515,"y":105,"width":393,"height":9}},{"id":"fe5fe242-0423-4b9d-a220-86d38e250edf","block_type":"box","text":"sions per sovereign GDP. (PPP GDP (PPP-adjusted GDP of the country","page_number":2,"box":{"x":515,"y":117,"width":418,"height":9}},{"id":"89df0cc8-bed2-424c-b80e-504f7dea42d1","block_type":"box","text":"expressed in millions of US dollars.)","page_number":2,"box":{"x":515,"y":130,"width":209,"height":9}},{"id":"1596bef4-4fbf-4f3f-9489-9373b85790f0","block_type":"box","text":"Scope 1 (exclude LULUCF) – MSCI:","page_number":2,"box":{"x":542,"y":148,"width":218,"height":9}},{"id":"5831d190-ea75-449e-bf2a-c07d6ac3c69d","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":766,"y":148,"width":180,"height":9}},{"id":"ed007806-b5f6-4a65-a965-3449c5edcdc9","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":161,"width":401,"height":9}},{"id":"fffa0f8b-da34-4e27-ac19-58b9c660e033","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":174,"width":406,"height":8}},{"id":"629f3ea5-3c00-4dde-ad81-8bd31843021c","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located with","page_number":2,"box":{"x":542,"y":187,"width":400,"height":7}},{"id":"e1c6d071-3a4d-424f-95f3-3b913ce5f6b1","block_type":"box","text":"in the country/territory. Values exclude land use, land-use change","page_number":2,"box":{"x":542,"y":199,"width":387,"height":9}},{"id":"85465c91-1445-42fd-8a04-065f5f2eae79","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":212,"width":138,"height":9}},{"id":"e9555894-dcaa-4900-9d7c-ccb02c20c677","block_type":"box","text":"Scope 1 (include LULUCF) – MSCI:","page_number":2,"box":{"x":542,"y":230,"width":215,"height":8}},{"id":"32b37bb6-e6e4-4f71-9835-8a1e9f74f4ba","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":761,"y":230,"width":179,"height":8}},{"id":"c01024da-d440-4fe7-bc54-e7627229b408","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":242,"width":401,"height":9}},{"id":"2acdc7af-c05b-49b1-a128-18b3e67c9149","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":255,"width":406,"height":9}},{"id":"c3b01699-9cc1-448c-9041-8b6a01fab6e9","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located","page_number":2,"box":{"x":542,"y":268,"width":373,"height":7}},{"id":"5af45bb0-1043-4d04-b684-8528cf5baba3","block_type":"box","text":"within the country territory. Values include land use, land-use change","page_number":2,"box":{"x":542,"y":281,"width":407,"height":9}},{"id":"515395f0-b6c6-4e3b-a26e-0119d7c621b2","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":294,"width":138,"height":9}},{"id":"c1d2e200-6a08-43df-872d-f50d937f8a85","block_type":"box","text":"Consumption (Scope 1 exclude LULUCF + scope 2+3 - exported","page_number":2,"box":{"x":542,"y":311,"width":402,"height":9}},{"id":"73e10741-1b25-431a-b2d2-90021cc326a5","block_type":"box","text":"emissions) – MSCI:","page_number":2,"box":{"x":542,"y":324,"width":119,"height":8}},{"id":"d32d200f-5eb7-4ed0-97c8-8db4a95d07a3","block_type":"box","text":"The estimated consumption emissions for the","page_number":2,"box":{"x":665,"y":324,"width":272,"height":9}},{"id":"bc28fc9e-7302-4e8a-a4f5-de2c87ba7a8e","block_type":"box","text":"country/territory (if available), in tons of CO2 equivalent per year","page_number":2,"box":{"x":542,"y":337,"width":382,"height":9}},{"id":"7bc7a057-bab9-4cf8-aa96-dcbc20d0befc","block_type":"box","text":"(tCO2e/yr). MSCI ESG Research calculates consumption emissions","page_number":2,"box":{"x":542,"y":350,"width":401,"height":9}},{"id":"866736a5-7d1e-4f16-9301-2a6396f6c5ce","block_type":"box","text":"based on Scope 1 emissions excl. LULUCF plus Scope 2 and Scope","page_number":2,"box":{"x":542,"y":363,"width":397,"height":8}},{"id":"e8b6d129-77f0-440f-afd8-c2f090b682e8","block_type":"box","text":"3 emissions minus exported emissions.","page_number":2,"box":{"x":542,"y":376,"width":231,"height":8}},{"id":"a59259a7-4dc7-47db-86ff-aa66549836bf","block_type":"box","text":"Total Carbon Emissions – MSCI:","page_number":2,"box":{"x":515,"y":393,"width":202,"height":7}},{"id":"6c9de1b6-743d-4aa5-a7a3-ad3ff8c349f5","block_type":"box","text":"Total carbon emissions includes all","page_number":2,"box":{"x":723,"y":393,"width":206,"height":7}},{"id":"63414c6e-c760-4b07-84c3-8a33c4fac6e0","block_type":"box","text":"greenhouse gas emissions produced within a country’s borders from all","page_number":2,"box":{"x":515,"y":406,"width":421,"height":9}},{"id":"abe72730-90e1-4b75-a41d-fae976bd1659","block_type":"box","text":"sources, including energy production, industry, agriculture, and trans","page_number":2,"box":{"x":515,"y":419,"width":405,"height":9}},{"id":"60c76ad0-64ee-4338-9c78-4553c0096b93","block_type":"box","text":"portation apportioned by","page_number":2,"box":{"x":515,"y":432,"width":150,"height":8}},{"id":"534144e7-4fc9-4b8b-b288-6e902fb8cb8c","block_type":"box","text":"PPP GDP","page_number":2,"box":{"x":668,"y":432,"width":58,"height":7}},{"id":"eb6bba75-f429-43e6-ae15-d2c7a9f1aede","block_type":"box","text":"(PPP-adjusted GDP of the country","page_number":2,"box":{"x":729,"y":431,"width":203,"height":9}},{"id":"fb26e037-2927-4af9-a3d1-706707c91228","block_type":"box","text":"expressed in millions of US dollar).","page_number":2,"box":{"x":515,"y":444,"width":202,"height":9}},{"id":"f27fe12b-09e3-426b-8311-bb59fa7f43d8","block_type":"box","text":"Scope 1 (excluding LULUCF) MSCI:","page_number":2,"box":{"x":542,"y":462,"width":220,"height":9}},{"id":"963001a3-f1c2-4b48-ad47-edaf980aff23","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":765,"y":462,"width":180,"height":9}},{"id":"3d8a330d-c9bf-4d5a-9e8a-50fa9110ab60","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":475,"width":401,"height":9}},{"id":"d6e69810-46a7-4cf4-a3fb-036a17bc375b","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":488,"width":406,"height":8}},{"id":"aeafefaa-4ad5-494a-9b87-ecd6ebffb8d6","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located with","page_number":2,"box":{"x":542,"y":501,"width":400,"height":7}},{"id":"ab5e74a0-3b1f-4b8e-94cf-0842007e291c","block_type":"box","text":"in the country/territory. Values exclude land use, land-use change","page_number":2,"box":{"x":542,"y":513,"width":387,"height":9}},{"id":"85c13384-7e00-405a-b0db-5cfc56a060b1","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":526,"width":138,"height":9}},{"id":"514221bb-d10b-44f6-9ddd-e6429026e4d5","block_type":"box","text":"Scope 1 (including LULUCF) MSCI:","page_number":2,"box":{"x":542,"y":544,"width":217,"height":9}},{"id":"0b1e29d7-a6ea-427f-80e8-55dd9df4c32a","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":762,"y":544,"width":180,"height":8}},{"id":"7969334d-d019-47b0-a2b5-4fd6fe0681b6","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":556,"width":401,"height":9}},{"id":"a9b12453-c9f1-4b25-9365-3710d2566fbc","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":569,"width":406,"height":9}},{"id":"21a1df7c-3bae-4db2-a1bd-7e02ab6eba0d","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located","page_number":2,"box":{"x":542,"y":582,"width":373,"height":7}},{"id":"a978e74e-b07f-48f5-86aa-954d4998a146","block_type":"box","text":"within the country territory. Values include land use, land-use change","page_number":2,"box":{"x":542,"y":595,"width":407,"height":9}},{"id":"9c24b730-ac38-45ad-b09d-2823a80dbd5f","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":608,"width":138,"height":9}},{"id":"8d30ca3f-5c9a-48ff-b0d0-bb05713db604","block_type":"box","text":"Consumption (Scope 1 exclude LULUCF + scope 2+3 - exported","page_number":2,"box":{"x":542,"y":625,"width":402,"height":9}},{"id":"2da465f8-cc2b-46b0-abdf-9a2a038e5f71","block_type":"box","text":"emissions) – MSCI:","page_number":2,"box":{"x":542,"y":638,"width":119,"height":8}},{"id":"ea05526c-732e-4b25-8d71-620f2c1bb18c","block_type":"box","text":"The estimated consumption emissions for the","page_number":2,"box":{"x":665,"y":638,"width":272,"height":9}},{"id":"bdcdfff6-7463-42cb-9987-60e460100732","block_type":"box","text":"country/territory (if available), in tons of CO2 equivalent per year","page_number":2,"box":{"x":542,"y":651,"width":382,"height":9}},{"id":"05e7ee69-a3fe-4a6a-a729-65251ca25d10","block_type":"box","text":"(tCO2e/yr). MSCI ESG Research calculates consumption emissions","page_number":2,"box":{"x":542,"y":664,"width":401,"height":9}},{"id":"6e34746d-14eb-4ba3-b177-cec1db880e6a","block_type":"box","text":"based on Scope 1 emissions excl. LULUCF plus Scope 2 and Scope","page_number":2,"box":{"x":542,"y":677,"width":397,"height":8}},{"id":"80c69b11-6a6d-43cc-a72b-5b8f33c38cd0","block_type":"box","text":"3 emissions minus exported emissions.","page_number":2,"box":{"x":542,"y":690,"width":231,"height":8}},{"id":"dfe13026-ba00-4921-b368-78224d914851","block_type":"box","text":"Government Freedom Status MSCI:","page_number":2,"box":{"x":515,"y":707,"width":226,"height":7}},{"id":"bff1c6e0-3fd8-45f8-a1ac-e85d90091726","block_type":"box","text":"Free:","page_number":2,"box":{"x":542,"y":725,"width":31,"height":7}},{"id":"c176a82e-98f9-4746-a830-6fc438529277","block_type":"box","text":"Countries with strong political rights and civil liberties.","page_number":2,"box":{"x":577,"y":725,"width":318,"height":9}},{"id":"c6aae595-a414-455f-915e-decda21503f6","block_type":"box","text":"Partially Free:","page_number":2,"box":{"x":542,"y":742,"width":88,"height":9}},{"id":"b712ae94-d1e1-4a6e-a622-0fe6304ad37b","block_type":"box","text":"Countries where some political rights and civil liber","page_number":2,"box":{"x":634,"y":742,"width":301,"height":9}},{"id":"75f5ab07-c35c-484d-b49e-69563ecdb965","block_type":"box","text":"ties are present, but there are challenges and limitations.","page_number":2,"box":{"x":542,"y":755,"width":334,"height":9}},{"id":"c352e6e9-739c-4b1b-825b-132290d2d829","block_type":"box","text":"Not Free:","page_number":2,"box":{"x":542,"y":773,"width":57,"height":7}},{"id":"28db4df7-df30-4482-b2b4-01d686046aaa","block_type":"box","text":"Countries where political rights and civil liberties are","page_number":2,"box":{"x":603,"y":773,"width":308,"height":9}},{"id":"cfcc4b1b-5845-4222-8170-720a8b8a9f35","block_type":"box","text":"largely absent.","page_number":2,"box":{"x":542,"y":786,"width":86,"height":8}},{"id":"4d60b89e-154e-4fcd-87a2-fa2a464ceacc","block_type":"box","text":"No Data:","page_number":2,"box":{"x":542,"y":803,"width":54,"height":7}},{"id":"87606548-8e82-42af-8eea-9cc1cf250d0c","block_type":"box","text":"No data available to evaluate a country’s government","page_number":2,"box":{"x":600,"y":803,"width":314,"height":9}},{"id":"ad7e976d-6f64-4f6f-850c-553a290ba530","block_type":"box","text":"based on political rights and civil liberties.","page_number":2,"box":{"x":542,"y":816,"width":245,"height":9}},{"id":"a698069c-a5e8-4eb9-8fae-d221cec7240b","block_type":"box","text":"Report ID: 5088508.1","page_number":2,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"05dabd28-eaee-401c-bb30-512f6cfcce96","block_type":"box","text":"Published: 18 Nov 2025","page_number":2,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"84d9cd2f-eb1d-4347-be8b-aecb74fe7a06","block_type":"box","text":"P","page_number":2,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"5fd078ae-d5aa-4ebe-b144-e6536b94d1e7","block_type":"box","text":"a","page_number":2,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"9ab99952-d5c8-4555-ada0-0de4fad13a77","block_type":"box","text":"g","page_number":2,"box":{"x":911,"y":970,"width":5,"height":5}},{"id":"c96f1b3c-1b26-4276-a0c0-ee9d30bf7267","block_type":"box","text":"e","page_number":2,"box":{"x":916,"y":970,"width":6,"height":4}},{"id":"b0907660-79b8-40e3-a243-5fb8facc131b","block_type":"box","text":"2","page_number":2,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"ac4b1ded-c461-454e-9751-341ae0a648c9","block_type":"box","text":"of","page_number":2,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"d3fc1e70-d55f-432f-8605-1db33fb4f598","block_type":"box","text":"5","page_number":2,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"c29be7be-ae6e-4d01-8b33-feade195ab46","block_type":"box","text":"Sustainability Sovereign Bond Portfolio Characteristics","page_number":3,"box":{"x":50,"y":44,"width":441,"height":11}},{"id":"30297440-8a5f-4f78-a167-6afe2d9930ce","block_type":"box","text":"Data Treatments:","page_number":3,"box":{"x":51,"y":81,"width":92,"height":6}},{"id":"16269714-1749-44d8-8c32-e17bbd5243f0","block_type":"box","text":"1. Exclusions - Exclude positions for specific security types that are not expected to have a score / rating. (Cash*, Cash Equivalents**, Derivatives, Rights and Warrants)","page_number":3,"box":{"x":50,"y":96,"width":821,"height":8}},{"id":"f2917e8d-f447-4426-a968-907200207790","block_type":"box","text":"2. Exclude securities without a value for a particular metric.","page_number":3,"box":{"x":50,"y":112,"width":291,"height":7}},{"id":"469f7f7a-dd0a-4327-addb-b5dcc624f9cb","block_type":"box","text":"3. Rebalance the position weights of covered securities.","page_number":3,"box":{"x":50,"y":128,"width":274,"height":7}},{"id":"8394b817-3d7b-46c8-82f8-7b84484f2805","block_type":"box","text":"Attributes","page_number":3,"box":{"x":50,"y":162,"width":55,"height":6}},{"id":"e99bec27-9264-49ac-a315-eb00760d5b56","block_type":"box","text":"Exclusions","page_number":3,"box":{"x":345,"y":162,"width":56,"height":6}},{"id":"0df118db-b1e2-4e26-ad2c-7f0fe9080f55","block_type":"box","text":"Additional Exclusions","page_number":3,"box":{"x":569,"y":162,"width":115,"height":6}},{"id":"7213bb0b-b108-4fbd-9b4e-420b8aa8cd56","block_type":"box","text":"Missing Data Treatment","page_number":3,"box":{"x":767,"y":162,"width":127,"height":8}},{"id":"c5581af5-2b1a-45d1-8cff-ed54e1417462","block_type":"box","text":"MSCI ESG Score","page_number":3,"box":{"x":51,"y":178,"width":83,"height":6}},{"id":"6ae632cd-2e53-4eb1-95b8-39478738dbd0","block_type":"box","text":"1.Cash and Cash Equivalents*","page_number":3,"box":{"x":344,"y":224,"width":146,"height":7}},{"id":"3ad61d09-ed45-4ccb-b006-de471d729386","block_type":"box","text":"2. Derivatives **","page_number":3,"box":{"x":344,"y":235,"width":79,"height":5}},{"id":"fca1675d-001f-4821-9fde-d002b4d61550","block_type":"box","text":"3. Rights and Warrants","page_number":3,"box":{"x":344,"y":245,"width":112,"height":8}},{"id":"ea7fc94c-216a-48e3-bd0b-3fc82a135167","block_type":"box","text":"4.Securities without a Score or Rating","page_number":3,"box":{"x":344,"y":256,"width":186,"height":7}},{"id":"30b3afee-7527-4c70-b40d-d04568d0e99a","block_type":"box","text":"N/A","page_number":3,"box":{"x":569,"y":240,"width":19,"height":6}},{"id":"f2fa65d5-6e29-4098-8702-4b5c21604375","block_type":"box","text":"N/A","page_number":3,"box":{"x":767,"y":240,"width":19,"height":6}},{"id":"6215112a-fe9f-4a63-bd5a-c58543cda48b","block_type":"box","text":"MSCI ESG Rating","page_number":3,"box":{"x":51,"y":194,"width":86,"height":7}},{"id":"f8e19628-8cd7-4666-ae43-fc7b535eb335","block_type":"box","text":"MSCI Weighted Average Carbon Intensity","page_number":3,"box":{"x":51,"y":209,"width":206,"height":7}},{"id":"e059dfe9-3546-4a7c-a224-176fa99f6f61","block_type":"box","text":"MSCI Carbon Emissions","page_number":3,"box":{"x":51,"y":224,"width":119,"height":6}},{"id":"359aff06-8f3f-4426-8257-1d9af215ba46","block_type":"box","text":"MSCI Average Income Inequality Score(Weighted)","page_number":3,"box":{"x":51,"y":240,"width":248,"height":7}},{"id":"6df12f7b-7792-4edd-90e9-d3c3a616e468","block_type":"box","text":"MSCI Average Freedom of Expression Score(Weighted)","page_number":3,"box":{"x":51,"y":255,"width":275,"height":8}},{"id":"46e48c06-c793-441a-9bfd-774761c8f569","block_type":"box","text":"MSCI Average Corruption Score(Weighted)","page_number":3,"box":{"x":51,"y":271,"width":214,"height":7}},{"id":"cde2e247-9c82-45ef-8a93-f2d8a25f5bfd","block_type":"box","text":"MSCI Average Political Stability Score(Weighted)","page_number":3,"box":{"x":51,"y":286,"width":242,"height":8}},{"id":"1ea99bd6-a3e8-4361-b2a4-1602305d5693","block_type":"box","text":"Average Rule of Law Score(Weighted)","page_number":3,"box":{"x":50,"y":302,"width":188,"height":7}},{"id":"67143c69-355b-4c6a-b719-8cc2020e6b14","block_type":"box","text":"MSCI ESG Ratings Distribution","page_number":3,"box":{"x":51,"y":317,"width":151,"height":7}},{"id":"11974914-e1d2-4b05-8389-dc95bf44ac83","block_type":"box","text":"1. Cash and Cash Equivalents *","page_number":3,"box":{"x":344,"y":330,"width":151,"height":7}},{"id":"54f1d982-dbfb-446a-8ff1-a456ab0c0c3e","block_type":"box","text":"2. Derivatives **","page_number":3,"box":{"x":344,"y":340,"width":79,"height":6}},{"id":"dad2ac03-82f1-487f-bff7-c5c7aff83112","block_type":"box","text":"3. Rights and Warrants","page_number":3,"box":{"x":344,"y":351,"width":112,"height":7}},{"id":"7c7d6d60-78bf-48a1-9447-afa07a311dff","block_type":"box","text":"N/A","page_number":3,"box":{"x":569,"y":340,"width":19,"height":7}},{"id":"07a84e2a-18b9-441d-99a2-bf473ee15eb1","block_type":"box","text":"N/A","page_number":3,"box":{"x":767,"y":340,"width":19,"height":7}},{"id":"aac1a329-d121-44b8-8ec9-4dafda26ac90","block_type":"box","text":"Government Freedom Status","page_number":3,"box":{"x":50,"y":333,"width":145,"height":5}},{"id":"8bab78c7-e85f-4632-b0fb-f33d8af003dc","block_type":"box","text":"CBI Green Bonds","page_number":3,"box":{"x":50,"y":348,"width":86,"height":6}},{"id":"266b4159-f911-496b-aa19-343fc7646d17","block_type":"box","text":"Coverage for each ESG Attributes","page_number":3,"box":{"x":50,"y":363,"width":169,"height":8}},{"id":"8231ffbe-cac3-4a3f-8171-8904a15ec33b","block_type":"box","text":"* Cash and Cash Equivalents: Cash, Cash Collateral, Money Market, Money Market Fund","page_number":3,"box":{"x":50,"y":379,"width":464,"height":7}},{"id":"78f78e96-1dda-4146-9db1-ee54ab2b8937","block_type":"box","text":"** Derivatives: Futures, Options, Swaps, Swaptions, Forwards","page_number":3,"box":{"x":50,"y":389,"width":324,"height":8}},{"id":"b836b5c1-3578-49ab-87c8-ed9d700a25c1","block_type":"box","text":"Report ID: 5088508.1","page_number":3,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"9dc8a689-bdf5-40f7-a1ef-9bf8b2092fb2","block_type":"box","text":"Published: 18 Nov 2025","page_number":3,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"e3551767-09cf-4cab-a7fd-c95cfa55d9ed","block_type":"box","text":"P","page_number":3,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"ed382388-4fee-4f52-86ec-74fd524b8f46","block_type":"box","text":"a","page_number":3,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"2da74869-460f-4750-aa6b-ab3c814b3f70","block_type":"box","text":"g","page_number":3,"box":{"x":911,"y":970,"width":5,"height":5}},{"id":"a38573e0-51a7-4ca7-9a77-c055a8387af0","block_type":"box","text":"e","page_number":3,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"f51e33d9-b6be-4bf4-9724-4c674905fcec","block_type":"box","text":"3","page_number":3,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"d6548611-e2b8-4018-871c-2ffc9ba128b6","block_type":"box","text":"of","page_number":3,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"77fd95b9-0727-4bce-9509-52c5d7e3d09c","block_type":"box","text":"5","page_number":3,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"b7e1599e-aed8-41d6-90e5-3ea48f9c9f06","block_type":"box","text":"Disclosures","page_number":4,"box":{"x":52,"y":58,"width":166,"height":15}},{"id":"dc347cc6-4c6a-4105-9382-899126871dbf","block_type":"box","text":"State Street Global Advisors (SSGA) is now State Street Investment","page_number":4,"box":{"x":50,"y":92,"width":433,"height":8}},{"id":"afe40b4e-526c-4145-a4bd-0247f10295cc","block_type":"box","text":"Management. Please click here for more information.","page_number":4,"box":{"x":51,"y":105,"width":336,"height":9}},{"id":"9c6a438f-1b26-4a1e-95d3-892d85a4c31d","block_type":"box","text":"Marketing Communication","page_number":4,"box":{"x":51,"y":122,"width":170,"height":9}},{"id":"f947983a-404a-4ee4-b1e5-6e3342bd667f","block_type":"box","text":"For institutional / professional investors use only.","page_number":4,"box":{"x":51,"y":140,"width":310,"height":9}},{"id":"7aa89e93-2a00-48ec-8c09-51fd0a6e5b5e","block_type":"box","text":"The information presented above is intended to provide transparency","page_number":4,"box":{"x":50,"y":158,"width":414,"height":8}},{"id":"645661eb-29c8-4fe6-bb93-13d47c3467b1","block_type":"box","text":"to investors around sustainability characteristics of the fund. Present","page_number":4,"box":{"x":50,"y":170,"width":408,"height":9}},{"id":"e02a72af-4bd5-4d8d-9029-9261aacfd71a","block_type":"box","text":"ing this information should not be construed as a representation of the","page_number":4,"box":{"x":51,"y":183,"width":415,"height":9}},{"id":"6eb0b117-bfb0-4ac6-b649-00a89e6d6dbf","block_type":"box","text":"fund’s current or future investment objective, nor should it be viewed as","page_number":4,"box":{"x":50,"y":196,"width":422,"height":9}},{"id":"6977e803-e784-4d24-aae0-464c9e3cf549","block_type":"box","text":"an indicator of the fund manager’s current or future investment deci","page_number":4,"box":{"x":50,"y":209,"width":401,"height":9}},{"id":"5d884ecf-0bfe-4e17-b3f4-09c44311c7da","block_type":"box","text":"sion-making.","page_number":4,"box":{"x":50,"y":222,"width":76,"height":8}},{"id":"a5419eb4-2442-4d04-b8d8-a4895504450f","block_type":"box","text":"Investing involves risk including the risk of loss of principal.","page_number":4,"box":{"x":51,"y":239,"width":344,"height":9}},{"id":"6451cb1f-1980-47fc-aa24-e176577c1619","block_type":"box","text":"The whole or any part of this work may not be reproduced, copied or","page_number":4,"box":{"x":50,"y":257,"width":405,"height":9}},{"id":"db8fa1f4-23b2-4ec5-8ff2-6ac87dc502f3","block_type":"box","text":"transmitted or any of its contents disclosed to third parties without SS","page_number":4,"box":{"x":50,"y":270,"width":414,"height":8}},{"id":"1809dca6-73df-4e6d-a4c2-d4d474f03b6d","block_type":"box","text":"GA’s express written consent.","page_number":4,"box":{"x":50,"y":283,"width":176,"height":8}},{"id":"5f06323f-856b-4c7c-ba80-ba5b806ce2ec","block_type":"box","text":"All information is from SSGA unless otherwise noted and has been","page_number":4,"box":{"x":50,"y":300,"width":393,"height":7}},{"id":"a1c3a7fa-9167-4468-b49e-d8ee54148550","block_type":"box","text":"obtained from sources believed to be reliable, but its accuracy is not","page_number":4,"box":{"x":50,"y":313,"width":404,"height":9}},{"id":"84fffc8d-acb5-48b7-b8b5-1e67f98c7728","block_type":"box","text":"guaranteed. There is no representation or warranty as to the current","page_number":4,"box":{"x":50,"y":326,"width":407,"height":9}},{"id":"3de18e22-e5fe-4206-9b01-4edc9f09d870","block_type":"box","text":"accuracy, reliability or completeness of, nor liability for, decisions based","page_number":4,"box":{"x":50,"y":339,"width":422,"height":8}},{"id":"6c3c30e3-839e-4ccf-8938-0adb9d45c209","block_type":"box","text":"on such information and it should not be relied on as such.","page_number":4,"box":{"x":50,"y":351,"width":342,"height":7}},{"id":"82015b1d-4821-4c2c-9ccd-4c0e3db36957","block_type":"box","text":"The information provided does not constitute investment advice as such","page_number":4,"box":{"x":50,"y":369,"width":430,"height":9}},{"id":"218b90cd-732c-455f-b7ed-e6dba7d4463c","block_type":"box","text":"term is defined under the Markets in Financial Instruments Directive","page_number":4,"box":{"x":50,"y":382,"width":402,"height":7}},{"id":"7db9486d-b05c-4e20-9530-ffdf979b615a","block_type":"box","text":"(2014/65/EU) or applicable Swiss regulation and it should not be relied on","page_number":4,"box":{"x":51,"y":394,"width":432,"height":9}},{"id":"438ff2b3-5cd5-4f69-9ded-4d76b9df8d8b","block_type":"box","text":"as such. It should not be considered a solicitation to buy or an offer to sell","page_number":4,"box":{"x":50,"y":407,"width":431,"height":9}},{"id":"b3c7d7c0-3fba-4393-adc8-2031fee62ea6","block_type":"box","text":"any investment. It does not take into account any investor’s or potential","page_number":4,"box":{"x":50,"y":420,"width":421,"height":9}},{"id":"26668c34-25e7-44ff-b335-1620fddb2b05","block_type":"box","text":"investor’s particular investment objectives, strategies, tax status, risk ap","page_number":4,"box":{"x":51,"y":433,"width":425,"height":9}},{"id":"46a3bb7d-1c97-418c-bf9e-ee419d80e4bb","block_type":"box","text":"petite or investment horizon. If you require investment advice you should","page_number":4,"box":{"x":51,"y":446,"width":428,"height":9}},{"id":"84f90ad1-b0d1-4c60-974c-6dcc37b7ea2a","block_type":"box","text":"consult your tax and financial or other professional advisor.","page_number":4,"box":{"x":50,"y":459,"width":349,"height":8}},{"id":"d5b325c0-3798-4b88-b219-c9c631597462","block_type":"box","text":"The information contained in this communication is not a research","page_number":4,"box":{"x":50,"y":476,"width":422,"height":7}},{"id":"c4d32db7-723a-4767-8d50-d15dfaaf916a","block_type":"box","text":"recommendation or ‘investment research’ and is classified as a","page_number":4,"box":{"x":51,"y":489,"width":399,"height":7}},{"id":"52758cf2-e7d8-4837-8cb2-5d1001791647","block_type":"box","text":"‘Marketing Communication’ in accordance with the applicable","page_number":4,"box":{"x":50,"y":502,"width":395,"height":9}},{"id":"de82ab88-2d85-4f04-aca8-caa3668f0915","block_type":"box","text":"regional regulation. This means that this marketing communication","page_number":4,"box":{"x":51,"y":515,"width":426,"height":9}},{"id":"7052657d-d29f-4340-87c5-19af4d2fcb10","block_type":"box","text":"(a) has not been prepared in accordance with legal requirements","page_number":4,"box":{"x":51,"y":527,"width":411,"height":9}},{"id":"07d7c724-5934-409d-8a93-0c1fef658dea","block_type":"box","text":"designed to promote the independence of investment research (b)","page_number":4,"box":{"x":50,"y":540,"width":422,"height":9}},{"id":"aa9f75aa-73fd-483a-a2a9-d0380ce36267","block_type":"box","text":"is not subject to any prohibition on dealing ahead of the dissemina","page_number":4,"box":{"x":51,"y":553,"width":418,"height":9}},{"id":"2a5f4127-b56b-4fc7-8d19-180d2609bfb9","block_type":"box","text":"tion of investment research.","page_number":4,"box":{"x":50,"y":566,"width":178,"height":7}},{"id":"6074fc3b-b3c1-4009-80a8-8e14de04d9b0","block_type":"box","text":"This communication is directed at professional clients (this includes","page_number":4,"box":{"x":50,"y":584,"width":402,"height":8}},{"id":"6aea0447-f021-4dc9-8d71-20b30a76100e","block_type":"box","text":"eligible counterparties as defined by the appropriate EU regulator) who","page_number":4,"box":{"x":50,"y":596,"width":421,"height":9}},{"id":"c2223ba8-ebdc-4c74-8aca-166bc5bc00b4","block_type":"box","text":"are deemed both knowledgeable and experienced in matters relating to","page_number":4,"box":{"x":50,"y":609,"width":425,"height":9}},{"id":"84bb836c-1ed9-4774-8908-beacc70e861e","block_type":"box","text":"investments. The products and services to which this communication","page_number":4,"box":{"x":51,"y":622,"width":410,"height":9}},{"id":"06e53e6d-ce2c-4651-bca9-fbf148ee77e4","block_type":"box","text":"relates are only available to such persons and persons of any other de","page_number":4,"box":{"x":51,"y":635,"width":412,"height":9}},{"id":"ab60b2f6-a5ba-4b8a-9657-6cf1af891406","block_type":"box","text":"scription (including retail clients) should not rely on this communication.","page_number":4,"box":{"x":50,"y":648,"width":424,"height":9}},{"id":"6ce9db4b-a4a3-4f23-9196-54ad6c9e4bd5","block_type":"box","text":"Bonds generally present less short-term risk and volatility than stocks,","page_number":4,"box":{"x":51,"y":666,"width":415,"height":8}},{"id":"589ce3d9-c9af-4297-8907-c7606fd78faf","block_type":"box","text":"but contain interest rate risk (as interest rates raise, bond prices usually","page_number":4,"box":{"x":51,"y":678,"width":422,"height":9}},{"id":"cab07fc7-900d-4806-bc40-017306688a39","block_type":"box","text":"fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk.","page_number":4,"box":{"x":50,"y":691,"width":418,"height":9}},{"id":"6276364c-b1f1-48e1-b91b-2cf375b8242e","block_type":"box","text":"These effects are usually pronounced for longer-term securities. Any","page_number":4,"box":{"x":50,"y":704,"width":409,"height":9}},{"id":"a3b35523-ea06-43ef-95c3-c080ceb5ee8f","block_type":"box","text":"fixed income security sold or redeemed prior to maturity may be subject","page_number":4,"box":{"x":50,"y":717,"width":429,"height":8}},{"id":"b8402e26-3a7b-468a-806c-6e65dd86e104","block_type":"box","text":"to a substantial gain or loss.","page_number":4,"box":{"x":50,"y":730,"width":163,"height":8}},{"id":"eaa27218-9744-4020-aa27-ae130a9549e5","block_type":"box","text":"ETFs trade like stocks, are subject to investment risk, fluctuate in market","page_number":4,"box":{"x":51,"y":747,"width":429,"height":9}},{"id":"8ca19bd4-ce76-445b-b5ef-aa8c4baac969","block_type":"box","text":"value and may trade at prices above or below the ETFs net asset value.","page_number":4,"box":{"x":50,"y":760,"width":419,"height":9}},{"id":"d2618bdf-de58-40bf-9ca6-044bb8b839f0","block_type":"box","text":"Brokerage commissions and ETF expenses will reduce returns.","page_number":4,"box":{"x":51,"y":773,"width":372,"height":9}},{"id":"f7724972-2d43-4070-8fcd-d08eef4e236a","block_type":"box","text":"The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its","page_number":4,"box":{"x":50,"y":790,"width":415,"height":9}},{"id":"611f1298-9891-4fc2-8841-501fe4399a8e","block_type":"box","text":"affiliates (“S&P DJI”) and have been licensed for use by State Street","page_number":4,"box":{"x":50,"y":803,"width":400,"height":9}},{"id":"0408a42f-e452-41db-86e9-3bf54544299e","block_type":"box","text":"Global Advisors. S&P®, SPDR®, S&P 500®,US 500 and the 500 are","page_number":4,"box":{"x":50,"y":816,"width":396,"height":8}},{"id":"4def6ee6-a9fe-4299-aaa9-985997834b72","block_type":"box","text":"trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow","page_number":4,"box":{"x":50,"y":829,"width":415,"height":8}},{"id":"f421459f-93eb-46e7-94ba-6ccf3ddaa5f6","block_type":"box","text":"Jones® is a registered trademark of Dow Jones Trademark Holdings","page_number":4,"box":{"x":50,"y":842,"width":404,"height":8}},{"id":"c6b640e6-e6a5-4564-b809-8efbc4a00832","block_type":"box","text":"LLC (“Dow Jones”) and has been licensed for use by S&P Dow Jones","page_number":4,"box":{"x":51,"y":854,"width":407,"height":9}},{"id":"f81490d7-5319-4768-afc5-836d4db7f546","block_type":"box","text":"Indices; and these trademarks have been licensed for use by S&P DJI","page_number":4,"box":{"x":51,"y":867,"width":409,"height":9}},{"id":"dddad8f5-6c7f-4aaa-916d-132adc39449f","block_type":"box","text":"and sublicensed for certain purposes by State Street Global Advisors.","page_number":4,"box":{"x":50,"y":880,"width":414,"height":9}},{"id":"6169971e-1497-4567-ade4-007b3d91a061","block_type":"box","text":"The fund is not sponsored, endorsed, sold or promoted by S&P DJI, Dow","page_number":4,"box":{"x":50,"y":893,"width":428,"height":9}},{"id":"fef3e502-5a25-4919-ab36-a3e6eea32a71","block_type":"box","text":"Jones, S&P, their respective affiliates, and none of such parties make any","page_number":4,"box":{"x":50,"y":906,"width":432,"height":8}},{"id":"ea41f5dd-fb3e-4a51-b903-a94984bf1572","block_type":"box","text":"representation regarding the advisability of investing in such product(s)","page_number":4,"box":{"x":51,"y":918,"width":421,"height":9}},{"id":"a5fd28f1-06c6-4736-8692-ae0fce38a915","block_type":"box","text":"nor do they have any liability for any errors, omissions, or interruptions of","page_number":4,"box":{"x":515,"y":92,"width":430,"height":9}},{"id":"4497acef-1e59-476a-8f4f-6a845207fc1b","block_type":"box","text":"these indices.","page_number":4,"box":{"x":515,"y":105,"width":81,"height":7}},{"id":"2f6458d7-a43b-44c4-bc84-54b5b2847383","block_type":"box","text":"Please refer to the Fund’s latest Key Information Document (KID)/","page_number":4,"box":{"x":515,"y":122,"width":416,"height":9}},{"id":"a77a2fa8-12dc-42ba-9a68-372ea9d0b371","block_type":"box","text":"Key Investor Information Document (KIID) and Prospectus before","page_number":4,"box":{"x":515,"y":135,"width":415,"height":9}},{"id":"01b8b4a0-d16d-4a04-8c10-0b203a896e39","block_type":"box","text":"making any final investment decision. The latest English version of","page_number":4,"box":{"x":515,"y":148,"width":423,"height":9}},{"id":"4c287034-0b0a-4a8c-9f0d-90773b1d4073","block_type":"box","text":"the prospectus and the KID/KIID can be found at","page_number":4,"box":{"x":515,"y":161,"width":306,"height":8}},{"id":"6b78d87d-7c18-4f13-b9d6-bdba8d7dc088","block_type":"box","text":"www.ssga.com","page_number":4,"box":{"x":824,"y":163,"width":97,"height":7}},{"id":"55faf5cf-200c-4d95-8f2e-f473cc904d2c","block_type":"box","text":". A","page_number":4,"box":{"x":923,"y":161,"width":15,"height":7}},{"id":"08a65a8b-5a62-463e-b6ff-9e137ec0ed5e","block_type":"box","text":"summary of investor rights can be found here:","page_number":4,"box":{"x":515,"y":174,"width":292,"height":8}},{"id":"ac8637fa-7d14-42d7-80d0-140d075eaa1c","block_type":"box","text":"https://www.ssga.","page_number":4,"box":{"x":811,"y":174,"width":116,"height":8}},{"id":"2b1571f1-0676-4016-8d04-10f6ba10e13f","block_type":"box","text":"com/library-content/products/fund-docs/summary-of-inves","page_number":4,"box":{"x":515,"y":186,"width":396,"height":9}},{"id":"7bae6a16-a60a-40a2-9121-643f21b08b87","block_type":"box","text":"tor-rights/ssga-investors-rights-summary-template-non-etf-Lux.","page_number":4,"box":{"x":515,"y":199,"width":426,"height":9}},{"id":"9f6e90be-5ba7-4890-9f1f-cd871c39f7d3","block_type":"box","text":"pdf.","page_number":4,"box":{"x":515,"y":212,"width":24,"height":9}},{"id":"2dfe48c1-1476-4f86-86c3-5dc063b29e32","block_type":"box","text":"Note that the Management Company may decide to terminate the","page_number":4,"box":{"x":515,"y":230,"width":418,"height":8}},{"id":"6d7d2a1a-d724-489c-81fe-450e18578e08","block_type":"box","text":"arrangements made for marketing and proceed with de-notification","page_number":4,"box":{"x":515,"y":243,"width":431,"height":8}},{"id":"d09bc474-637d-4219-a5b2-6dc47b05cac3","block_type":"box","text":"in compliance with Article 93a of Directive 2009/65/EC.","page_number":4,"box":{"x":515,"y":255,"width":355,"height":9}},{"id":"8286d5ee-b265-49f6-8e27-0ac4e0fc318c","block_type":"box","text":"Investors should not evaluate an investment in the fund based solely on","page_number":4,"box":{"x":516,"y":273,"width":420,"height":9}},{"id":"a91ebfb0-bb2a-4ce7-92cd-82e9279b968b","block_type":"box","text":"the information above, but should consider other factors, including the","page_number":4,"box":{"x":515,"y":286,"width":415,"height":9}},{"id":"3278dfc3-229f-4391-b489-748bb2bfa6fd","block_type":"box","text":"fund’s overall investment objective and risk profile. Investors are encour","page_number":4,"box":{"x":515,"y":299,"width":424,"height":8}},{"id":"db7357b5-f93b-41d4-824b-f0ef4e3063e4","block_type":"box","text":"aged to review the fund’s prospectus [https://www.ssga.com/fund-find","page_number":4,"box":{"x":515,"y":311,"width":414,"height":9}},{"id":"0a3c97a3-ef12-4bf1-9214-568e463b8143","block_type":"box","text":"er?tab=documents] and KIID for more information regarding the fund","page_number":4,"box":{"x":515,"y":324,"width":412,"height":9}},{"id":"2cf54ef7-4083-48d8-b055-4805c99baf10","block_type":"box","text":"and where applicable, the fund’s SFDR category.","page_number":4,"box":{"x":515,"y":337,"width":286,"height":9}},{"id":"e794505f-acce-47f2-a559-6aee9be308bf","block_type":"box","text":"Sustainability data is sourced from external providers. This data may","page_number":4,"box":{"x":515,"y":355,"width":407,"height":8}},{"id":"328403b8-6a23-4b11-a1f9-33a1884335ad","block_type":"box","text":"be incomplete, inaccurate, or unavailable for certain companies, which","page_number":4,"box":{"x":515,"y":368,"width":417,"height":8}},{"id":"f77bf40e-db85-4e8f-a093-6498f16f1529","block_type":"box","text":"could limit the ability to fully capture or reflect their sustainability charac","page_number":4,"box":{"x":515,"y":380,"width":427,"height":9}},{"id":"75d19470-7c29-4305-846f-af732d286219","block_type":"box","text":"teristics. As a result, there may be limitations reported in the sustainabili","page_number":4,"box":{"x":515,"y":393,"width":425,"height":9}},{"id":"3fa7f18a-f5a4-47d4-9974-2c14fa65f1cb","block_type":"box","text":"ty metrics or indicators.","page_number":4,"box":{"x":515,"y":406,"width":140,"height":9}},{"id":"2cc8b3b2-680c-48f1-acb7-de8187a43f68","block_type":"box","text":"The third-party information above has been obtained from sources","page_number":4,"box":{"x":515,"y":424,"width":398,"height":8}},{"id":"87f4f266-fbfd-456b-842c-841b1f09343c","block_type":"box","text":"believed to be reliable as of the date indicated, but its accuracy is not","page_number":4,"box":{"x":515,"y":436,"width":408,"height":9}},{"id":"22ee66f1-4ccc-475c-8849-aad46dca3b62","block_type":"box","text":"guaranteed by SSGA. SSGA is not liable for investment decisions based","page_number":4,"box":{"x":515,"y":449,"width":426,"height":9}},{"id":"35ce195a-7661-4476-96f1-9e0ab646eaba","block_type":"box","text":"on this information and it should not be relied on as such. There is no","page_number":4,"box":{"x":515,"y":462,"width":403,"height":7}},{"id":"c47b2d13-0375-4ebb-9dfa-28a68ab4ba8c","block_type":"box","text":"representation or warranty as to the current accuracy, reliability or com","page_number":4,"box":{"x":515,"y":475,"width":422,"height":9}},{"id":"eede7be3-4eff-4bcd-8afc-552b71f0ab3a","block_type":"box","text":"pleteness of this information.","page_number":4,"box":{"x":515,"y":488,"width":171,"height":8}},{"id":"4126cf57-197a-4f92-bf81-759ba88aa9be","block_type":"box","text":"Data and metrics have been sourced as follows from the following con","page_number":4,"box":{"x":516,"y":505,"width":413,"height":9}},{"id":"036fbeb6-d482-4b6b-a9a4-bf91bc362ea2","block_type":"box","text":"tributors as of the date of this report, and are subject to their disclosures","page_number":4,"box":{"x":515,"y":518,"width":428,"height":9}},{"id":"6d4c0acf-4a73-4a0d-981d-b788ae22ba9b","block_type":"box","text":"below. All other data has been sourced by SSGA.","page_number":4,"box":{"x":515,"y":531,"width":289,"height":9}},{"id":"e28652e3-7e43-4fd2-9cd8-061531f7370c","block_type":"box","text":"Source: MSCI: Certain information contained herein (the “Information”)","page_number":4,"box":{"x":515,"y":548,"width":419,"height":8}},{"id":"2ba00bd7-6666-4d32-a219-9e37df96f1a6","block_type":"box","text":"is sourced from/copyright of MSCI Inc., MSCI ESG Research LLC, or their","page_number":4,"box":{"x":515,"y":561,"width":431,"height":9}},{"id":"e1e6c15d-2c5c-4a61-aca5-2d709344c60e","block_type":"box","text":"affiliates (“MSCI”), or information providers (together the “MSCI Parties”)","page_number":4,"box":{"x":515,"y":574,"width":428,"height":9}},{"id":"7cc95cf1-3313-4c4a-aa01-5926e9cac2ab","block_type":"box","text":"and may have been used to calculate scores, signals, or other indica","page_number":4,"box":{"x":515,"y":587,"width":402,"height":9}},{"id":"125936f5-9ba6-43eb-b28b-a4336bc7a592","block_type":"box","text":"tors. The Information is for internal use only and may not be reproduced","page_number":4,"box":{"x":515,"y":600,"width":424,"height":8}},{"id":"f181e6b1-ff70-45a0-8c01-da660967f05e","block_type":"box","text":"or disseminated in whole or part without prior written permission. The","page_number":4,"box":{"x":515,"y":613,"width":411,"height":8}},{"id":"4ea2ec7d-e5b5-4c2e-af1f-6c34d53880fd","block_type":"box","text":"Information may not be used for, nor does it constitute, an offer to buy","page_number":4,"box":{"x":516,"y":625,"width":410,"height":9}},{"id":"4cfd1f77-8bcc-4eb0-b1bf-46d4885e87cd","block_type":"box","text":"or sell, or a promotion or recommendation of, any security, financial","page_number":4,"box":{"x":515,"y":638,"width":396,"height":9}},{"id":"d6fab2be-54e7-4a31-8751-f7c23b31ec11","block_type":"box","text":"instrument or product, trading strategy, or index, nor should it be taken as","page_number":4,"box":{"x":515,"y":651,"width":434,"height":9}},{"id":"b25fbffd-9221-4715-8f76-e94a9959163b","block_type":"box","text":"an indication or guarantee of any future performance. Some funds may","page_number":4,"box":{"x":515,"y":664,"width":420,"height":9}},{"id":"d37ae5bd-acb0-40e1-9157-1f817e62a902","block_type":"box","text":"be based on or linked to MSCI indexes, and MSCI may be compensated","page_number":4,"box":{"x":515,"y":677,"width":422,"height":8}},{"id":"f890be6b-2ae4-4653-b7e1-6787210fe29e","block_type":"box","text":"based on the fund’s assets under management or other measures. MSCI","page_number":4,"box":{"x":515,"y":690,"width":428,"height":8}},{"id":"4363138e-fa91-48da-9c2b-b6621922d347","block_type":"box","text":"has established an information barrier between index research and cer","page_number":4,"box":{"x":515,"y":702,"width":420,"height":7}},{"id":"77d937e6-db08-4203-9a25-de46d2a62c97","block_type":"box","text":"tain Information. None of the Information in and of itself can be used to","page_number":4,"box":{"x":515,"y":715,"width":415,"height":7}},{"id":"50af0312-70ef-41cb-b829-6829fd2c330f","block_type":"box","text":"determine which securities to buy or sell or when to buy or sell them. The","page_number":4,"box":{"x":515,"y":728,"width":429,"height":9}},{"id":"6f381fdf-35c8-4ccc-9f12-a68bac9a9364","block_type":"box","text":"Information is provided “as is” and the user assumes the entire risk of any","page_number":4,"box":{"x":516,"y":741,"width":430,"height":9}},{"id":"ca9adcfb-3d09-4bd8-a0db-06aeb5393911","block_type":"box","text":"use it may make or permit to be made of the Information. No MSCI Party","page_number":4,"box":{"x":515,"y":754,"width":426,"height":8}},{"id":"63f867fd-03f2-43df-abbc-43162a63414d","block_type":"box","text":"warrants or guarantees the originality, accuracy and/or completeness of","page_number":4,"box":{"x":515,"y":766,"width":428,"height":9}},{"id":"06faf54c-d7e4-45e8-b36e-d2c95f6a7644","block_type":"box","text":"the Information and each expressly disclaims all express or implied war","page_number":4,"box":{"x":515,"y":779,"width":421,"height":9}},{"id":"78a77fc1-a8eb-4e43-b391-a567ea340618","block_type":"box","text":"ranties. No MSCI Party shall have any liability for any errors or omissions","page_number":4,"box":{"x":515,"y":792,"width":426,"height":9}},{"id":"25744df4-a829-423e-bdcc-645931cbc4a5","block_type":"box","text":"in connection with any Information herein, or any liability for any direct,","page_number":4,"box":{"x":515,"y":805,"width":416,"height":9}},{"id":"de1a827d-ce41-43c8-9517-240e5526f6bc","block_type":"box","text":"indirect, special, punitive, consequential or any other damages (including","page_number":4,"box":{"x":515,"y":818,"width":431,"height":9}},{"id":"ccb66058-fc57-4a59-bd46-b66c2024f2fe","block_type":"box","text":"lost profits) even if notified of the possibility of such damages.","page_number":4,"box":{"x":515,"y":831,"width":363,"height":9}},{"id":"6c332f1b-01f7-4562-bf49-907820db7563","block_type":"box","text":"The returns on a portfolio of securities which exclude companies that do","page_number":4,"box":{"x":515,"y":848,"width":428,"height":9}},{"id":"c83f6b3f-98eb-420f-8166-3828056a8453","block_type":"box","text":"not meet the portfolio’s sustainable strategy criteria may trail the returns","page_number":4,"box":{"x":515,"y":861,"width":428,"height":9}},{"id":"36af0149-a890-495c-b03b-29bf7e11b265","block_type":"box","text":"on a portfolio of securities which include such companies. A portfolio’s","page_number":4,"box":{"x":515,"y":874,"width":415,"height":9}},{"id":"3aa60179-2866-4d44-b126-4120b04d0886","block_type":"box","text":"sustainable strategy criteria may result in the portfolio investing in indus","page_number":4,"box":{"x":515,"y":887,"width":424,"height":9}},{"id":"991478cd-2dbe-4161-b70f-2c155bd3687f","block_type":"box","text":"try sectors or securities which underperform the market as a whole.","page_number":4,"box":{"x":515,"y":900,"width":400,"height":8}},{"id":"f32ccd63-0df4-405b-9f26-6271995e6a9e","block_type":"box","text":"R-Factor scoring is designed by State Street to reflect certain sustain","page_number":4,"box":{"x":516,"y":917,"width":408,"height":9}},{"id":"7dff4032-c43d-4f65-aab8-e8d862ac4e6e","block_type":"box","text":"Report ID: 5088508.1","page_number":4,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"c218eefb-4667-4edf-849f-c6c41ca6da3c","block_type":"box","text":"Published: 18 Nov 2025","page_number":4,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"d9dfe70a-dcff-4a45-b81a-a338813f0031","block_type":"box","text":"P","page_number":4,"box":{"x":899,"y":968,"width":5,"height":6}},{"id":"37dc9f02-0f15-44fb-a94b-a0d7ac64b4d2","block_type":"box","text":"a","page_number":4,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"2e96c30b-0ec1-4f5f-9e52-5982df6410de","block_type":"box","text":"g","page_number":4,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"a9b9f0fe-faea-4f97-8a34-5dc9bf773b55","block_type":"box","text":"e","page_number":4,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"47b149a0-4cb0-4565-b7d6-5328ed4ec822","block_type":"box","text":"4","page_number":4,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"705ef62b-979a-472b-9fc7-d8d252a9c08d","block_type":"box","text":"of","page_number":4,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"e622e6bd-6758-4032-8e30-dfb72aad1390","block_type":"box","text":"5","page_number":4,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"ba94b9a9-a4de-4740-b827-29ee67bd9c7f","block_type":"box","text":"ability factors and does not represent investment performance. Results","page_number":5,"box":{"x":50,"y":35,"width":423,"height":9}},{"id":"7cd76196-9af6-41c9-8094-8161bc974a63","block_type":"box","text":"generated out of the scoring model are based on sustainability dimen","page_number":5,"box":{"x":50,"y":48,"width":410,"height":9}},{"id":"79c5c358-caa4-4e61-a860-353836bb0b84","block_type":"box","text":"sions of a scored entity.","page_number":5,"box":{"x":50,"y":61,"width":139,"height":8}},{"id":"10d2a783-2ad6-4bba-a0d8-a0c15dae9a5e","block_type":"box","text":"In the UK, this document has been issued by State Street Global Advisors","page_number":5,"box":{"x":51,"y":78,"width":433,"height":9}},{"id":"a2d747e6-0895-4e8c-a915-3e20d4bc49d6","block_type":"box","text":"Limited (“SSGAL”). Authorized and regulated by the Financial Conduct","page_number":5,"box":{"x":51,"y":91,"width":418,"height":9}},{"id":"2c86e975-6c31-4d1c-b1d6-82e31aed8010","block_type":"box","text":"Authority, Registered No.2509928. VAT No. 5776591 81. Registered of","page_number":5,"box":{"x":50,"y":104,"width":415,"height":9}},{"id":"ccddf711-5ccf-427b-ad65-4628a22b2c15","block_type":"box","text":"f","page_number":5,"box":{"x":464,"y":108,"width":4,"height":0}},{"id":"166847fd-be8d-4295-b74c-25f4c63c38c3","block_type":"box","text":"fice: 20 Churchill Place, Canary Wharf, London, E14 5HJ. Telephone: 020","page_number":5,"box":{"x":50,"y":117,"width":430,"height":8}},{"id":"2036afbf-e8b6-4b2f-838a-45360ab1f32a","block_type":"box","text":"3395 6000. Facsimile: 020 3395 6350 Web:","page_number":5,"box":{"x":50,"y":130,"width":264,"height":7}},{"id":"de05a1fb-19af-4a66-988b-3e401e848c35","block_type":"box","text":"www.ssga.com","page_number":5,"box":{"x":317,"y":131,"width":88,"height":7}},{"id":"7b7eb376-dc04-446f-a522-a260380a8aad","block_type":"box","text":".","page_number":5,"box":{"x":406,"y":135,"width":1,"height":1}},{"id":"a8357ede-37f1-4698-8984-09c303e7904a","block_type":"box","text":"© 2025 State Street Corporation - All Rights Reserved.","page_number":5,"box":{"x":50,"y":159,"width":326,"height":9}},{"id":"20b9188b-6187-44f1-b34c-3caee0c781e2","block_type":"box","text":"Tracking Code: 7765755.1.5.EMEA.INST","page_number":5,"box":{"x":50,"y":171,"width":236,"height":9}},{"id":"9698e48c-8763-4d4b-bd54-f3667a5c4404","block_type":"box","text":"Expiration Date: 10/31/2026","page_number":5,"box":{"x":51,"y":183,"width":163,"height":8}},{"id":"036ea435-2c60-41fb-85b6-d4f1f6a34967","block_type":"box","text":"State Street Global Advisors Worldwide Entities","page_number":5,"box":{"x":50,"y":195,"width":284,"height":7}},{"id":"14155a90-7260-45c8-8c93-726ade9b6acc","block_type":"box","text":"Report ID: 5088508.1","page_number":5,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"0bba8660-d8ef-4c54-8c92-8b02197e7126","block_type":"box","text":"Published: 18 Nov 2025","page_number":5,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"dc8789bf-01f6-4105-9460-19898bac04ac","block_type":"box","text":"P","page_number":5,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"16d42dcf-ce69-4e1f-b38a-fb127a61134d","block_type":"box","text":"a","page_number":5,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"c5d59388-f88e-49a4-8d4e-1ca0887376ee","block_type":"box","text":"g","page_number":5,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"14feaa7f-a1e7-4ece-a308-2b16303906e6","block_type":"box","text":"e","page_number":5,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"71f6044f-297e-4241-b867-b91279d09163","block_type":"box","text":"5","page_number":5,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"9cf381d5-8e3e-4932-bb2b-232740ea275e","block_type":"box","text":"of","page_number":5,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"a5aca29e-3ccd-4125-89b8-9139c44326a5","block_type":"box","text":"5","page_number":5,"box":{"x":944,"y":968,"width":5,"height":6}}],"unit":"per_mille","page_width":595,"page_height":[{"value":841,"pages":[1]},{"value":842,"pages":[2,3,4,5]}],"attributes":{"chunk_type":"page_range","start_page":1,"end_page":5}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"4bf0a646-ab26-436a-9f7a-ff28d92fa6d1"},"user_id":1000002,"date_created":"2026-10-05T20:52:11.452000Z","date_modified":"2026-10-05T20:52:11.452000Z","private":false}