{"annotation_id":"1399a345-4d31-4008-99a6-6dc2eae30fc7","file_hash":"80492fdbe1c76c459b179e1316c73be413e1b31cc7ed78ca2bdda30a986ad931","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"d582044b-cf5b-40f8-9362-08bde3de8b6a","block_type":"box","text":"SPDR® Bloomberg Euro Government","page_number":1,"box":{"x":51,"y":71,"width":630,"height":23}},{"id":"b43a0547-bbb3-43fa-9f25-caac747ac12b","block_type":"box","text":"Bond UCITS ETF (Dist)","page_number":1,"box":{"x":52,"y":104,"width":387,"height":22}},{"id":"dcaa5448-e923-4ad6-8468-499a62942e3b","block_type":"box","text":"Asset Class","page_number":1,"box":{"x":754,"y":46,"width":58,"height":6}},{"id":"0c7dacf0-510d-46cd-b0cb-45da6b9b42fe","block_type":"box","text":"Fixed Income","page_number":1,"box":{"x":754,"y":62,"width":71,"height":5}},{"id":"84a200ab-e6bb-4d55-a951-13577a8859ec","block_type":"box","text":"Fund Identifier","page_number":1,"box":{"x":754,"y":92,"width":72,"height":6}},{"id":"3781520d-ac6d-4ffa-be25-87c765ae6609","block_type":"box","text":"IE00B3S5XW04","page_number":1,"box":{"x":754,"y":106,"width":88,"height":6}},{"id":"59ff88b6-33b3-4b97-8456-6381f84eab3f","block_type":"box","text":"As of 31 Oct 2025","page_number":1,"box":{"x":753,"y":136,"width":92,"height":6}},{"id":"43675a32-5702-4a4d-b460-85f1a24418b7","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":"037c7140-9281-4c00-b00b-604f34a837f5","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":"770b599d-c4f9-4cdb-8600-519420cb922d","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":"5746f2b7-804f-4251-becd-73a8cb0f7e85","block_type":"box","text":"sustainability data as of 30 Sep 2025.","page_number":1,"box":{"x":50,"y":238,"width":188,"height":8}},{"id":"45669cff-ae52-4ad6-8884-de440763b315","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":"99e1c850-26e4-49f8-90ab-240588845d25","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":"67029542-b366-43a7-8bf7-c7ef860e26d2","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":"2d9dd2f9-4ad9-45bc-b95a-4736eabdbcd0","block_type":"box","text":"represent actual results of any offering.","page_number":1,"box":{"x":51,"y":279,"width":192,"height":8}},{"id":"7427085e-2050-4676-98df-514da6b7880e","block_type":"box","text":"Actual results may differ.","page_number":1,"box":{"x":50,"y":291,"width":123,"height":7}},{"id":"35cca8cf-4897-417e-b18a-6f41dc53533a","block_type":"box","text":"Green Bonds","page_number":1,"box":{"x":50,"y":332,"width":97,"height":8}},{"id":"8329eb05-68fb-4299-95bf-4d282d2d9265","block_type":"box","text":"2.13%","page_number":1,"box":{"x":111,"y":362,"width":51,"height":8}},{"id":"b00471d0-37a1-49d4-8224-f3cf339f6cc2","block_type":"box","text":"Adverse Sustainability Indicator","page_number":1,"box":{"x":50,"y":411,"width":241,"height":10}},{"id":"b3c88ebd-0595-4cf9-9dd9-d4efe9a56e1c","block_type":"box","text":"Sovereign - Additional Social","page_number":1,"box":{"x":50,"y":437,"width":154,"height":7}},{"id":"34cfc2a6-db21-4cf4-8ce2-4fcdfa195221","block_type":"box","text":"Average Income Inequality Score","page_number":1,"box":{"x":50,"y":485,"width":165,"height":7}},{"id":"6a776053-8533-4088-a640-5472a7b25a47","block_type":"box","text":"32.61","page_number":1,"box":{"x":359,"y":486,"width":38,"height":6}},{"id":"d24e7909-4e55-41d4-8085-a0632e0f2f84","block_type":"box","text":"Average Freedom Of Expression Score","page_number":1,"box":{"x":50,"y":501,"width":195,"height":7}},{"id":"794ec8c0-8bc0-494f-b3dd-e41e090babdf","block_type":"box","text":"77.13","page_number":1,"box":{"x":359,"y":502,"width":38,"height":6}},{"id":"1a923d99-6f62-4b1a-906c-ae6c09bc1d6e","block_type":"box","text":"Sovereign - Governance","page_number":1,"box":{"x":50,"y":522,"width":129,"height":8}},{"id":"dddedb11-68ad-415f-87ef-74af9706eaa0","block_type":"box","text":"Average Corruption Score","page_number":1,"box":{"x":50,"y":570,"width":131,"height":7}},{"id":"2c860671-474e-4cd4-a457-cb9fa7e7ecaf","block_type":"box","text":"64.51","page_number":1,"box":{"x":359,"y":571,"width":38,"height":6}},{"id":"31e7798c-8e92-4b9e-a62a-9f9c83346779","block_type":"box","text":"Sovereign - Jurisdictions","page_number":1,"box":{"x":50,"y":592,"width":133,"height":7}},{"id":"4a639354-a2d1-47df-8974-6437ede975f0","block_type":"box","text":"Average Political Stability Score","page_number":1,"box":{"x":50,"y":640,"width":159,"height":7}},{"id":"72358e5f-8f17-4ad8-806c-c52465b0bd19","block_type":"box","text":"7.13","page_number":1,"box":{"x":367,"y":641,"width":30,"height":6}},{"id":"912179ff-1237-410f-9574-eda06c2365f7","block_type":"box","text":"Average Rule Of Law Score","page_number":1,"box":{"x":50,"y":655,"width":136,"height":8}},{"id":"b044ef79-2ef8-400d-b9a0-2a201938b127","block_type":"box","text":"1.07","page_number":1,"box":{"x":367,"y":656,"width":30,"height":6}},{"id":"4a4dc5f7-c47f-4f54-8119-9e18f9e43f6e","block_type":"box","text":"ESG Score","page_number":1,"box":{"x":535,"y":228,"width":79,"height":8}},{"id":"9a7cab0e-9a45-4ad8-a562-6fff78a94b1d","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":608,"y":251,"width":41,"height":6}},{"id":"e502dea3-581f-4fc5-8f8f-89909fe1b5a2","block_type":"box","text":"6.28","page_number":1,"box":{"x":609,"y":263,"width":79,"height":15}},{"id":"82dc3547-0d54-492d-818d-7bb3ebacbd27","block_type":"box","text":"ESG Rating","page_number":1,"box":{"x":770,"y":228,"width":84,"height":10}},{"id":"d48fc889-6e62-4859-905f-40f39b5fe57b","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":842,"y":251,"width":42,"height":6}},{"id":"1af5a19f-369d-40c8-9990-de009141055f","block_type":"box","text":"A","page_number":1,"box":{"x":842,"y":263,"width":19,"height":15}},{"id":"56683d69-0ea7-43a7-8c0c-81b1dbeef9bd","block_type":"box","text":"ESG Rating Distribution","page_number":1,"box":{"x":516,"y":333,"width":176,"height":10}},{"id":"0bd5a5e0-c561-483f-9c3f-0e7214ac6034","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":907,"y":357,"width":41,"height":6}},{"id":"9266012b-ce48-4fd9-b0ea-64b1b01f2145","block_type":"box","text":"ESG Leaders","page_number":1,"box":{"x":516,"y":371,"width":65,"height":6}},{"id":"83200ed2-d408-4823-b802-617d5112a405","block_type":"box","text":"24.28%","page_number":1,"box":{"x":903,"y":372,"width":45,"height":6}},{"id":"9eee8bd3-fd98-4537-af78-e7cea255eca5","block_type":"box","text":"ESG Average","page_number":1,"box":{"x":516,"y":387,"width":66,"height":7}},{"id":"8226ac3e-8ea6-4dd3-ae64-2da7b4146c3e","block_type":"box","text":"75.72%","page_number":1,"box":{"x":903,"y":388,"width":45,"height":6}},{"id":"a0f280a2-855a-4008-992f-029bc43112e6","block_type":"box","text":"ESG Laggards","page_number":1,"box":{"x":516,"y":403,"width":71,"height":7}},{"id":"f210d409-53c7-4a6d-b94d-b75f46337d42","block_type":"box","text":"0.00%","page_number":1,"box":{"x":910,"y":404,"width":38,"height":6}},{"id":"75658910-ab75-441a-b43b-2302dbfe9cca","block_type":"box","text":"ESG Not Covered","page_number":1,"box":{"x":516,"y":418,"width":88,"height":6}},{"id":"9ef24532-dcea-46c0-9a55-a34b69582d49","block_type":"box","text":"0.00%","page_number":1,"box":{"x":910,"y":420,"width":38,"height":5}},{"id":"98d691c9-7b47-4d97-9a52-f86e86c25e1d","block_type":"box","text":"Weighted Average Carbon Intensity","page_number":1,"box":{"x":515,"y":456,"width":268,"height":10}},{"id":"6d49ea11-f5fa-459f-89ea-13f6f2449757","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":760,"y":492,"width":39,"height":6}},{"id":"c47dee43-6de3-4419-b64d-75e78bff6769","block_type":"box","text":"Coverage %","page_number":1,"box":{"x":892,"y":482,"width":56,"height":7}},{"id":"f21c87f6-9689-42ad-9c00-d59e4da5f38e","block_type":"box","text":"MV Portfolio","page_number":1,"box":{"x":891,"y":492,"width":57,"height":6}},{"id":"d1ee5725-6cc7-42ad-9795-5b331d6dc5d7","block_type":"box","text":"Scope 1 Exclude LULUCF","page_number":1,"box":{"x":515,"y":506,"width":118,"height":7}},{"id":"72d18ab5-54c4-4871-a1ad-7eed76aa256f","block_type":"box","text":"110.17","page_number":1,"box":{"x":757,"y":507,"width":42,"height":5}},{"id":"1f7ba42f-4628-4ee2-badb-2cb347ac77bf","block_type":"box","text":"100.00","page_number":1,"box":{"x":906,"y":507,"width":42,"height":5}},{"id":"e634216d-43a7-440b-a257-15f12e1fced3","block_type":"box","text":"Scope 1 Include LULUCF","page_number":1,"box":{"x":515,"y":521,"width":115,"height":7}},{"id":"d50c070a-cb95-4e42-81d8-537c832fd16c","block_type":"box","text":"110.81","page_number":1,"box":{"x":757,"y":522,"width":42,"height":6}},{"id":"1a2c6509-b0ad-4a96-b4ad-74e7c56f9cee","block_type":"box","text":"100.00","page_number":1,"box":{"x":906,"y":522,"width":42,"height":6}},{"id":"ca16dcb9-b07c-4864-87f1-adcbc1c58fad","block_type":"box","text":"Consumption","page_number":1,"box":{"x":516,"y":537,"width":62,"height":6}},{"id":"379ae666-c938-4c01-8c77-675751af3826","block_type":"box","text":"155.36","page_number":1,"box":{"x":757,"y":538,"width":42,"height":5}},{"id":"1581e27f-1de1-4593-9247-b4bab5875751","block_type":"box","text":"100.00","page_number":1,"box":{"x":906,"y":538,"width":42,"height":5}},{"id":"ddf1c91f-5067-4d2f-b99e-8c13929d51c2","block_type":"box","text":"Total Carbon Emissions","page_number":1,"box":{"x":516,"y":574,"width":177,"height":8}},{"id":"d3d24513-4b40-4e80-a9d6-9aa3e0b83bca","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":757,"y":609,"width":42,"height":6}},{"id":"f398c8f5-f3ff-47ea-abc8-e6212bf74f13","block_type":"box","text":"Coverage %","page_number":1,"box":{"x":888,"y":599,"width":60,"height":7}},{"id":"2ad56a75-1c38-4445-a117-af9878a08b62","block_type":"box","text":"MV Portfolio","page_number":1,"box":{"x":887,"y":609,"width":61,"height":6}},{"id":"bd428978-04e5-47e2-9cc7-677b5cb21840","block_type":"box","text":"Scope 1 Exclude LULUCF","page_number":1,"box":{"x":516,"y":623,"width":126,"height":8}},{"id":"a5a96370-0925-48c3-84d7-f52f6fd7ce1f","block_type":"box","text":"153,473.07","page_number":1,"box":{"x":723,"y":625,"width":75,"height":7}},{"id":"79aa8f62-80fc-486e-9950-448476172c9a","block_type":"box","text":"100.00","page_number":1,"box":{"x":903,"y":625,"width":45,"height":6}},{"id":"be2687b9-5c89-4264-b88f-a9f69b8f1118","block_type":"box","text":"Scope 1 Include LULUCF","page_number":1,"box":{"x":516,"y":639,"width":122,"height":7}},{"id":"d2d36619-c4e4-48a9-a7be-895323f450f5","block_type":"box","text":"154,365.72","page_number":1,"box":{"x":723,"y":640,"width":75,"height":8}},{"id":"dfba3c7d-9be0-471d-8137-68f9a89d4298","block_type":"box","text":"100.00","page_number":1,"box":{"x":903,"y":640,"width":45,"height":6}},{"id":"1751eba7-dc1a-42a3-bd97-f9169cba165b","block_type":"box","text":"Consumption","page_number":1,"box":{"x":516,"y":655,"width":67,"height":7}},{"id":"f09c3ce0-48a1-4a98-8bc2-f3e65eedf397","block_type":"box","text":"216,431.93","page_number":1,"box":{"x":723,"y":656,"width":75,"height":7}},{"id":"01015420-7d41-4c47-8035-e5d90e579875","block_type":"box","text":"100.00","page_number":1,"box":{"x":903,"y":656,"width":45,"height":6}},{"id":"16485e5c-1ab9-4a01-a081-28a066fbd369","block_type":"box","text":"Government Freedom Status","page_number":1,"box":{"x":516,"y":692,"width":221,"height":8}},{"id":"d7c53aab-0c84-4e1f-9006-a39482440ae6","block_type":"box","text":"(Market Value)","page_number":1,"box":{"x":516,"y":707,"width":63,"height":5}},{"id":"b349251f-f5b2-46da-96d3-1e3d3232b77f","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":624,"y":737,"width":39,"height":5}},{"id":"642b474a-aee7-4121-8faf-190e43a9cb93","block_type":"box","text":"Free","page_number":1,"box":{"x":533,"y":756,"width":20,"height":6}},{"id":"7d109f3d-7bcc-4e3c-992f-f19bff7fee26","block_type":"box","text":"100.00%","page_number":1,"box":{"x":609,"y":757,"width":53,"height":6}},{"id":"0a293d30-2fd2-4593-b831-d4061a0b1eeb","block_type":"box","text":"Partially Free","page_number":1,"box":{"x":533,"y":776,"width":60,"height":7}},{"id":"51e12ca5-053a-47e8-a687-f83860df220f","block_type":"box","text":"0.00%","page_number":1,"box":{"x":624,"y":777,"width":38,"height":6}},{"id":"b440e3d9-e79d-4d44-8d95-c80acf37ecba","block_type":"box","text":"Not Free","page_number":1,"box":{"x":533,"y":796,"width":39,"height":6}},{"id":"c04d251b-7466-4e2f-a082-754a0fa9dc68","block_type":"box","text":"0.00%","page_number":1,"box":{"x":624,"y":797,"width":38,"height":6}},{"id":"a29bf621-39fb-44f0-9423-8aa686e01747","block_type":"box","text":"No Data","page_number":1,"box":{"x":533,"y":816,"width":37,"height":6}},{"id":"df0eabfd-c487-46ad-a5ec-64b5bc47b822","block_type":"box","text":"0.00%","page_number":1,"box":{"x":624,"y":817,"width":38,"height":6}},{"id":"30129a8a-cd2b-48bf-be54-96a7a1b65e20","block_type":"box","text":"Report ID: 5088540.1","page_number":1,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"404c52bc-5028-49b5-95aa-acb309b6d3fb","block_type":"box","text":"Published: 18 Nov 2025","page_number":1,"box":{"x":496,"y":968,"width":129,"height":7}},{"id":"ee3c254f-9e37-43a9-a222-5562e404329e","block_type":"box","text":"P","page_number":1,"box":{"x":902,"y":968,"width":5,"height":6}},{"id":"dfe60817-570e-4952-bb41-7bfe4902ad12","block_type":"box","text":"a","page_number":1,"box":{"x":908,"y":970,"width":5,"height":4}},{"id":"97b30653-8512-465e-b602-470140d27a49","block_type":"box","text":"g","page_number":1,"box":{"x":913,"y":970,"width":6,"height":5}},{"id":"97d070ed-d8e4-4f09-b11c-2fd9f6f595a6","block_type":"box","text":"e","page_number":1,"box":{"x":919,"y":970,"width":5,"height":4}},{"id":"4e888491-8b34-451d-a81d-3acb4f4db319","block_type":"box","text":"1","page_number":1,"box":{"x":927,"y":968,"width":2,"height":6}},{"id":"431e0d06-132e-44a2-a1ee-c29c04d5b522","block_type":"box","text":"of","page_number":1,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"9aadcf07-9aef-43a5-a8db-822ff2010f5d","block_type":"box","text":"5","page_number":1,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"6114e0eb-a73b-4727-a3a0-1f5eaba72c95","block_type":"box","text":"Glossary","page_number":2,"box":{"x":51,"y":57,"width":129,"height":19}},{"id":"468a8cf5-2bfc-4bf2-9d38-a6ca6632d42b","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":"e6268ee0-4513-4685-9671-47ea01127e2b","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":"cf43ee73-2049-4a65-8c54-3479bc3b7207","block_type":"box","text":"otherwise stated.","page_number":2,"box":{"x":50,"y":118,"width":102,"height":7}},{"id":"a0f5676e-7ba5-4b81-8e49-9faadc23cc6c","block_type":"box","text":"Data Treatments:","page_number":2,"box":{"x":51,"y":135,"width":111,"height":7}},{"id":"c5b85a6b-39d3-4057-a6ad-ba759271de30","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":"7bcdd6c2-1013-4b55-ac0d-71eb32c71009","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":"0c092395-b01e-46f5-aa50-a1bb7a49616e","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":"6302f26e-d18e-4dc8-ae98-7d27f2356e9b","block_type":"box","text":"ESG Score/ESG Rating - MSCI:","page_number":2,"box":{"x":51,"y":178,"width":194,"height":9}},{"id":"8ba403e7-9d44-458d-9dbd-02709d1ce38a","block_type":"box","text":"Provide an opinion of sovereign and","page_number":2,"box":{"x":249,"y":178,"width":210,"height":9}},{"id":"4101ae85-151a-4066-af28-e5fc073e4286","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":"4b61daaf-3c53-4498-9db6-61f113bf7038","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":"b5ca574c-35fb-44d0-b256-3c90230504ff","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":"3b014ab0-b30b-4f2e-bb1a-7ab214f77949","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":"f00e4500-cef2-4bb7-8764-59faaf998865","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":"6bc60363-f289-4610-a882-aa2905bc11df","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":"2bfbab64-3544-432d-abe6-ab123e27dfe6","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":"4bc10cde-7c24-41e1-8a5b-ee30c550afe5","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":"e0da9a08-bcc2-4f85-a889-24ad02b3cb7c","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":"0c717961-bf27-41f5-98a6-ecd3e2724bb3","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":"30f53583-d00c-4ff2-9134-274575f3f8f6","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":"60c212ea-f4a5-48c4-a035-6f33c836fae7","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":"a5b526e5-0c12-4598-8429-29ab5b1f8d0b","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":"90252db9-0e84-4abe-917c-1695bb26e0d8","block_type":"box","text":"ESG Ratings Distribution - MSCI","page_number":2,"box":{"x":51,"y":363,"width":203,"height":9}},{"id":"d0b93fff-7e43-4954-b3d7-336e69b82bb4","block_type":"box","text":"ESG Leaders: Rated AAA or AA:","page_number":2,"box":{"x":78,"y":380,"width":203,"height":7}},{"id":"d47ebebc-1c9b-4495-8972-9c87b13e142c","block_type":"box","text":"Issuers(sovereign) that have","page_number":2,"box":{"x":285,"y":380,"width":167,"height":9}},{"id":"774895be-cf60-4ce6-b4e9-8fa49bf8d798","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":"4cb6a3c3-0d61-4b55-babc-bf60efef1496","block_type":"box","text":"AA governance issues.","page_number":2,"box":{"x":77,"y":406,"width":135,"height":9}},{"id":"fea009ff-1d32-4bbb-899a-dd4a1c112588","block_type":"box","text":"ESG Average: Rated A, BBB or BB:","page_number":2,"box":{"x":78,"y":424,"width":217,"height":8}},{"id":"6c2b9d15-8964-44ab-9da4-b753ab7c9dd1","block_type":"box","text":"Issuers(sovereign) that have","page_number":2,"box":{"x":299,"y":423,"width":166,"height":9}},{"id":"877c642e-2cbd-4571-87c3-113970601511","block_type":"box","text":"average management of ESG issues.","page_number":2,"box":{"x":77,"y":436,"width":217,"height":9}},{"id":"e7a42553-f35f-42a7-a081-85cd59ecab1d","block_type":"box","text":"ESG Laggards: Rated B or CCC:","page_number":2,"box":{"x":78,"y":454,"width":199,"height":9}},{"id":"5e083284-0c10-4134-a894-d23e3c395e12","block_type":"box","text":"Issuers(sovereign) that do not","page_number":2,"box":{"x":282,"y":454,"width":175,"height":9}},{"id":"0c8abf24-4462-49c6-93ee-e48d028748ab","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":"e77228ef-5238-412a-b0de-90c1184f3b7b","block_type":"box","text":"risks that they face.","page_number":2,"box":{"x":78,"y":480,"width":114,"height":8}},{"id":"d2459a3b-ec21-4103-9503-f349f235f640","block_type":"box","text":"ESG Not Covered:","page_number":2,"box":{"x":78,"y":497,"width":113,"height":7}},{"id":"a61fb5d8-eed3-4275-9837-54547056893a","block_type":"box","text":"Issuers(sovereign) which have not been evaluat","page_number":2,"box":{"x":195,"y":497,"width":280,"height":9}},{"id":"3ee37e92-970c-4f10-a560-458cd93ec8a0","block_type":"box","text":"ed for ESG sustainability risks.","page_number":2,"box":{"x":77,"y":510,"width":179,"height":9}},{"id":"c337028f-92a4-4234-a089-90f2d4ea2d2e","block_type":"box","text":"Green Bonds – CBI:","page_number":2,"box":{"x":50,"y":528,"width":123,"height":7}},{"id":"8d043874-871e-4dc2-8fb6-c6ff8961663c","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":"a821d55e-7dff-4e42-95cf-f54cb5e45ae5","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":"999674e0-49a2-4e3f-970b-33806cfb400d","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":"f956660c-003a-4056-a007-57e09de3b121","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":"0ca36511-ea15-426c-954f-0c294aef46e6","block_type":"box","text":"Green Bond Database methodology, please visit","page_number":2,"box":{"x":50,"y":579,"width":286,"height":9}},{"id":"93500ae9-7bc5-41c2-bf0d-7585b0650448","block_type":"box","text":"https://www.climate","page_number":2,"box":{"x":340,"y":579,"width":116,"height":9}},{"id":"2ff8a922-84c5-46ef-b27d-43bc799887e4","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":"f72357fd-6c18-4abc-9d28-39bea61b05a0","block_type":"box","text":"Adverse Sustainability Indicators(Weighted Average) - MSCI","page_number":2,"box":{"x":50,"y":609,"width":387,"height":9}},{"id":"c7f7ca54-c229-46c1-83da-03eb19a9d13f","block_type":"box","text":"Average Income Inequality Score(Weighted):","page_number":2,"box":{"x":77,"y":627,"width":286,"height":9}},{"id":"2b4b9e8d-5522-4318-9ec8-d6ab1357550e","block_type":"box","text":"measures the","page_number":2,"box":{"x":367,"y":627,"width":80,"height":7}},{"id":"8b8a7347-3911-47c1-baae-784a2495cd13","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":"90e10935-64f5-400d-a9f8-f22ba5c12b75","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":"998dd3b0-bf35-40f6-8f39-5c50419c5e45","block_type":"box","text":"economy deviates from a perfectly equal distribution.","page_number":2,"box":{"x":77,"y":665,"width":317,"height":9}},{"id":"d8cf6a89-7295-405d-9b1a-ce25660cc9ad","block_type":"box","text":"Average Corruption Score(Weighted):","page_number":2,"box":{"x":77,"y":683,"width":242,"height":9}},{"id":"fce8780d-8c8a-4a42-8166-9e36d3e32700","block_type":"box","text":"Perceptions of public-sec","page_number":2,"box":{"x":324,"y":683,"width":151,"height":9}},{"id":"9b793eaa-d63a-4f5c-b89d-bf1917dc166d","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":"ab7d748a-09d1-445e-ae01-da48bdbe8c64","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":"b85a65d0-d531-40e3-989c-616f3cb4812d","block_type":"box","text":"capture and mechanisms available to prevent corruption.","page_number":2,"box":{"x":77,"y":722,"width":339,"height":8}},{"id":"1e41a439-7902-4fd1-ae15-31b10110f0d2","block_type":"box","text":"Average Rule of Law Score(Weighted):","page_number":2,"box":{"x":77,"y":739,"width":245,"height":9}},{"id":"0d75d8bb-7673-40f8-a7e0-face1a39641a","block_type":"box","text":"measures the strength","page_number":2,"box":{"x":326,"y":739,"width":133,"height":9}},{"id":"82618476-54e7-4047-b92f-ff68244fbdce","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":"ea887736-ee60-4dde-a0a4-b7de901c4dd1","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":"d2c52e82-a906-4f49-bb1e-4dc86523e68f","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":"512df956-9283-434c-b821-eef3ab4cc2fd","block_type":"box","text":"Average Freedom of Expression Score(Weighted):","page_number":2,"box":{"x":77,"y":795,"width":319,"height":9}},{"id":"198b47f1-a66e-4ca2-8646-c9d035bc9f8e","block_type":"box","text":"assesses","page_number":2,"box":{"x":399,"y":797,"width":55,"height":5}},{"id":"1d94ccfc-ced5-419e-aa37-98965e6c2b17","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":"58ec459a-dc01-4f10-ab33-3d222a1772cc","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":"7d58f897-b082-4eba-be24-428c8ad9ee4d","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":"340a1a75-8e40-4436-8ec8-cfb28a1becee","block_type":"box","text":"association.","page_number":2,"box":{"x":77,"y":847,"width":70,"height":6}},{"id":"928d4e38-b630-417c-b129-e9bd22f003fa","block_type":"box","text":"Average Political Stability Score(Weighted):","page_number":2,"box":{"x":77,"y":864,"width":280,"height":9}},{"id":"f7099bd9-3063-4524-a9ca-c36ebf14438b","block_type":"box","text":"assesses the poten","page_number":2,"box":{"x":361,"y":864,"width":114,"height":9}},{"id":"436084c5-2822-40f0-a388-ffd0099b70f4","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":"8b9e35f8-c0cf-4d14-8b4d-0939ee1fd651","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":"1ade4f3c-c689-43fe-bc71-66af81e7499e","block_type":"box","text":"government stability, internal conflict, and external conflict.","page_number":2,"box":{"x":77,"y":902,"width":350,"height":9}},{"id":"bd35d046-8bfd-4582-a321-1f617099d769","block_type":"box","text":"Sovereign - Weighted Average Carbon Intensity - MSCI:","page_number":2,"box":{"x":50,"y":920,"width":355,"height":9}},{"id":"c398fa71-a7b4-497d-807a-b327d193db41","block_type":"box","text":"Weighted","page_number":2,"box":{"x":409,"y":920,"width":56,"height":9}},{"id":"848ddcab-fb60-4d3b-a781-60d866a0863b","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":"d7826688-93fc-40f2-bff7-8a643b75fa0e","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":"fed9b254-9998-4ab8-83c0-e3f0d27a775e","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":"8f55fe68-24dd-4132-839a-a3588b7a0d46","block_type":"box","text":"expressed in millions of US dollars.)","page_number":2,"box":{"x":515,"y":130,"width":209,"height":9}},{"id":"38eacbd7-b747-47b1-a8d5-e6a20e5f1c0b","block_type":"box","text":"Scope 1 (exclude LULUCF) – MSCI:","page_number":2,"box":{"x":542,"y":148,"width":218,"height":9}},{"id":"7f2a57da-2e39-433a-b97c-16d254b64e6a","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":766,"y":148,"width":180,"height":9}},{"id":"bc3722fc-9e27-4dbb-81a5-18aff301497e","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":"8274f42d-818a-4d92-b893-b334daf28726","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":"3d6d308b-8294-4de7-a558-8481a20d346c","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":"ac0093fb-94ec-469c-b3ce-75d9fb873442","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":"e1a59cb1-c05a-4399-9559-eb39e3514390","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":212,"width":138,"height":9}},{"id":"7e50f207-73ee-432b-b95c-2aed0daca99c","block_type":"box","text":"Scope 1 (include LULUCF) – MSCI:","page_number":2,"box":{"x":542,"y":230,"width":215,"height":8}},{"id":"ef671ca9-1223-46f6-9dfd-282bfba74a25","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":761,"y":230,"width":179,"height":8}},{"id":"038deb8e-5176-45f3-be95-3892c249bf9f","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":"15046b9e-0f0f-444e-8a12-0ab54c4450db","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":"c9ce1960-3ab7-4d87-9142-37581ecbcfe2","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":"ddc99548-8f24-4047-b4d7-08a119bc8143","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":"eea3b819-6b59-4d21-b5f8-07b5a565788f","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":294,"width":138,"height":9}},{"id":"3db59437-7219-4aea-a079-f5130e914e19","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":"fd2590ec-3b6d-4c87-99b3-46bc14c7e9bc","block_type":"box","text":"emissions) – MSCI:","page_number":2,"box":{"x":542,"y":324,"width":119,"height":8}},{"id":"118abca1-ded9-4bf9-9c69-c1acb5490558","block_type":"box","text":"The estimated consumption emissions for the","page_number":2,"box":{"x":665,"y":324,"width":272,"height":9}},{"id":"04911edc-11d0-4ea4-92f8-b9fc75ff6a86","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":"e8fa5e5a-29d6-49a0-a28e-92559c663795","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":"0831afb2-f286-42e8-8b73-899f02d6dbc5","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":"bd2a994c-8798-4829-a28f-cbfc3c5cdb53","block_type":"box","text":"3 emissions minus exported emissions.","page_number":2,"box":{"x":542,"y":376,"width":231,"height":8}},{"id":"2e5c3ca1-7ab5-402a-ac59-7ca38e938465","block_type":"box","text":"Total Carbon Emissions – MSCI:","page_number":2,"box":{"x":515,"y":393,"width":202,"height":7}},{"id":"be29fc0d-6cc4-446b-ada4-c8846d5351ea","block_type":"box","text":"Total carbon emissions includes all","page_number":2,"box":{"x":723,"y":393,"width":206,"height":7}},{"id":"e8e5b59c-6f9b-4b21-ada4-30190e7180b6","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":"7934155c-cab5-4f4f-91a4-9fffaba80e64","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":"82a3b5a8-62df-4a49-8929-47a4950b2e64","block_type":"box","text":"portation apportioned by","page_number":2,"box":{"x":515,"y":432,"width":150,"height":8}},{"id":"e4edb9a2-707a-45fe-890d-e37feb06ed4e","block_type":"box","text":"PPP GDP","page_number":2,"box":{"x":668,"y":432,"width":58,"height":7}},{"id":"542756d6-cea9-46d9-8d99-5f57f0e67637","block_type":"box","text":"(PPP-adjusted GDP of the country","page_number":2,"box":{"x":729,"y":431,"width":203,"height":9}},{"id":"277dc763-557a-4feb-809d-ebcb771ba478","block_type":"box","text":"expressed in millions of US dollar).","page_number":2,"box":{"x":515,"y":444,"width":202,"height":9}},{"id":"d80be8fd-e78e-4cac-bd41-8e46f96e0263","block_type":"box","text":"Scope 1 (excluding LULUCF) MSCI:","page_number":2,"box":{"x":542,"y":462,"width":220,"height":9}},{"id":"327f7e6f-c11a-4357-bae0-53b0c0652af6","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":765,"y":462,"width":180,"height":9}},{"id":"29f9c4cb-9b9c-4cc2-94bc-a4980c606574","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":"df071491-046e-4d1a-9af8-9fd7002ad336","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":"6be608ee-9352-44d1-9784-bbf343456cec","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":"a6a56fa8-9fb2-4d6c-a256-f1f61e4d5afd","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":"4b6533b5-dc0f-4398-bf46-7be4f35f5cb1","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":526,"width":138,"height":9}},{"id":"8861bbe8-c4e2-41bb-b137-ebd980f79d62","block_type":"box","text":"Scope 1 (including LULUCF) MSCI:","page_number":2,"box":{"x":542,"y":544,"width":217,"height":9}},{"id":"6c3977fe-5a7a-4f47-bd76-14acc61e2c0c","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":762,"y":544,"width":180,"height":8}},{"id":"ae420434-513d-40c4-bc31-e00ab64a23c1","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":"8d05c86b-019c-46ff-96a4-502e2ad65b9a","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":"2830707b-ecb8-4046-848e-cf7939e94ce0","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":"d0c0c062-6743-46e3-8277-c62f21de1ecb","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":"4f8ce3ae-2e6a-449a-81ae-41341fd01800","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":608,"width":138,"height":9}},{"id":"7ef6a5c1-2ecd-4336-8c38-780ae451ffd6","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":"4221b0b1-743b-4f5f-b731-81112aad78e6","block_type":"box","text":"emissions) – MSCI:","page_number":2,"box":{"x":542,"y":638,"width":119,"height":8}},{"id":"f944326c-cb27-46a0-9371-fa5dc7b1288a","block_type":"box","text":"The estimated consumption emissions for the","page_number":2,"box":{"x":665,"y":638,"width":272,"height":9}},{"id":"a12c1af7-3b92-4a71-ad39-c02f2bfe93e0","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":"887c904b-1006-4c33-883a-94d58e141a8a","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":"b0761591-7a42-4452-9add-b79cffbe7ed0","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":"f8730714-7230-4b70-a680-270adfc047e8","block_type":"box","text":"3 emissions minus exported emissions.","page_number":2,"box":{"x":542,"y":690,"width":231,"height":8}},{"id":"bd58639a-ced2-4ca8-951a-abbb6c82fec7","block_type":"box","text":"Government Freedom Status MSCI:","page_number":2,"box":{"x":515,"y":707,"width":226,"height":7}},{"id":"e8737ede-a6c6-4246-9f4d-1570d7550a47","block_type":"box","text":"Free:","page_number":2,"box":{"x":542,"y":725,"width":31,"height":7}},{"id":"fad09fa5-5d11-4f38-9ddc-7a0b46cd11c4","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":"11a6d18f-195a-4967-90de-74e113f48a12","block_type":"box","text":"Partially Free:","page_number":2,"box":{"x":542,"y":742,"width":88,"height":9}},{"id":"b620125f-c002-4302-a4b3-29b03e50bedc","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":"b1de83c4-c20e-4a52-8542-2c7652ab0c5d","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":"21275cc2-a601-413f-8210-23d4506b9457","block_type":"box","text":"Not Free:","page_number":2,"box":{"x":542,"y":773,"width":57,"height":7}},{"id":"3647e12f-e6de-44af-bf00-d42552b9d53d","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":"644aa693-1d5b-497d-b689-c5ed924dbbe2","block_type":"box","text":"largely absent.","page_number":2,"box":{"x":542,"y":786,"width":86,"height":8}},{"id":"6f0784de-7b3b-4ddd-8859-d6a9143b2171","block_type":"box","text":"No Data:","page_number":2,"box":{"x":542,"y":803,"width":54,"height":7}},{"id":"c41523e1-4b1b-46dd-95f3-4cb46ddf74df","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":"f084665f-e2ba-4c47-a22f-e04b103d91c3","block_type":"box","text":"based on political rights and civil liberties.","page_number":2,"box":{"x":542,"y":816,"width":245,"height":9}},{"id":"a8772494-91df-4dea-8885-95fa6122b548","block_type":"box","text":"Report ID: 5088540.1","page_number":2,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"5510d501-da76-41fc-8ad9-e431021f143b","block_type":"box","text":"Published: 18 Nov 2025","page_number":2,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"35ef954c-c755-4a21-8825-9dedf185aafa","block_type":"box","text":"P","page_number":2,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"3020defc-2b0b-49a1-b79e-a38c4f986fe8","block_type":"box","text":"a","page_number":2,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"9cf9a400-6317-4f1c-8caa-7b353ee0d8b1","block_type":"box","text":"g","page_number":2,"box":{"x":911,"y":970,"width":5,"height":5}},{"id":"b3f110cd-3126-4a9e-a972-dd62a9c73974","block_type":"box","text":"e","page_number":2,"box":{"x":916,"y":970,"width":6,"height":4}},{"id":"077e7bff-a65c-434e-93b0-fc34d6b02455","block_type":"box","text":"2","page_number":2,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"e3b54d83-d7ee-44fc-b08a-80437576f2d9","block_type":"box","text":"of","page_number":2,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"45af51fd-d9c5-4b47-a409-6de523d616e5","block_type":"box","text":"5","page_number":2,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"73a816c3-469a-490c-82ba-6e05c3738473","block_type":"box","text":"Sustainability Sovereign Bond Portfolio Characteristics","page_number":3,"box":{"x":50,"y":44,"width":441,"height":11}},{"id":"72600def-e6f7-41d0-9248-8a9eb2654a99","block_type":"box","text":"Data Treatments:","page_number":3,"box":{"x":51,"y":81,"width":92,"height":6}},{"id":"c6a877e8-37d7-484f-a356-416690fa5b5f","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":"56bd748e-b9a8-4cfb-a682-0272e28ab9ed","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":"a2a919e6-4fb6-4563-9a94-aa10311b0ac9","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":"4cf8b1b4-16a3-47bf-b7ee-4f6c467f18dc","block_type":"box","text":"Attributes","page_number":3,"box":{"x":50,"y":162,"width":55,"height":6}},{"id":"190b2762-9228-46dd-b264-ecfe26f95b1e","block_type":"box","text":"Exclusions","page_number":3,"box":{"x":345,"y":162,"width":56,"height":6}},{"id":"81e87aac-640d-41dd-8ed9-0e86ac533131","block_type":"box","text":"Additional Exclusions","page_number":3,"box":{"x":569,"y":162,"width":115,"height":6}},{"id":"1823b960-565c-4444-a022-936a2b1984d6","block_type":"box","text":"Missing Data Treatment","page_number":3,"box":{"x":767,"y":162,"width":127,"height":8}},{"id":"a92246ba-7a7d-4d82-9c75-2a96287cc850","block_type":"box","text":"MSCI ESG Score","page_number":3,"box":{"x":51,"y":178,"width":83,"height":6}},{"id":"e47b7435-1427-4b9b-b563-04944c911eae","block_type":"box","text":"1.Cash and Cash Equivalents*","page_number":3,"box":{"x":344,"y":224,"width":146,"height":7}},{"id":"f667e0ef-7510-4846-8c51-ce2934991eca","block_type":"box","text":"2. Derivatives **","page_number":3,"box":{"x":344,"y":235,"width":79,"height":5}},{"id":"c2d872f7-962f-46a3-ba58-9b007ee3a67b","block_type":"box","text":"3. Rights and Warrants","page_number":3,"box":{"x":344,"y":245,"width":112,"height":8}},{"id":"5c54b8da-0cc9-460a-8b91-05f78d67f671","block_type":"box","text":"4.Securities without a Score or Rating","page_number":3,"box":{"x":344,"y":256,"width":186,"height":7}},{"id":"d83afea9-7246-4058-a83c-19b76ffeb82a","block_type":"box","text":"N/A","page_number":3,"box":{"x":569,"y":240,"width":19,"height":6}},{"id":"76c74868-a906-469f-b930-37234615d714","block_type":"box","text":"N/A","page_number":3,"box":{"x":767,"y":240,"width":19,"height":6}},{"id":"31a28e96-205a-4a30-b3d2-c9543a1eb8e8","block_type":"box","text":"MSCI ESG Rating","page_number":3,"box":{"x":51,"y":194,"width":86,"height":7}},{"id":"e6ceef06-54dd-424b-98c9-438613915baf","block_type":"box","text":"MSCI Weighted Average Carbon Intensity","page_number":3,"box":{"x":51,"y":209,"width":206,"height":7}},{"id":"83c75175-25ea-4989-917c-8a0395d7894b","block_type":"box","text":"MSCI Carbon Emissions","page_number":3,"box":{"x":51,"y":224,"width":119,"height":6}},{"id":"3438c56d-5e58-4cfb-9676-c05d0c3e22be","block_type":"box","text":"MSCI Average Income Inequality Score(Weighted)","page_number":3,"box":{"x":51,"y":240,"width":248,"height":7}},{"id":"103b05df-1b6c-4adb-81a1-ffb0364f4cc8","block_type":"box","text":"MSCI Average Freedom of Expression Score(Weighted)","page_number":3,"box":{"x":51,"y":255,"width":275,"height":8}},{"id":"ae270612-b669-494b-b99c-b4088b8a88f2","block_type":"box","text":"MSCI Average Corruption Score(Weighted)","page_number":3,"box":{"x":51,"y":271,"width":214,"height":7}},{"id":"287624af-c45f-4c14-9c15-2f1588b9c34a","block_type":"box","text":"MSCI Average Political Stability Score(Weighted)","page_number":3,"box":{"x":51,"y":286,"width":242,"height":8}},{"id":"0c301b6f-33a6-499b-b41e-ce6eb04af850","block_type":"box","text":"Average Rule of Law Score(Weighted)","page_number":3,"box":{"x":50,"y":302,"width":188,"height":7}},{"id":"8e3b3a52-b066-45fd-bdcb-f6980c6a8c68","block_type":"box","text":"MSCI ESG Ratings Distribution","page_number":3,"box":{"x":51,"y":317,"width":151,"height":7}},{"id":"9b99a94e-6a9c-45cf-9407-2a85213a2ebd","block_type":"box","text":"1. Cash and Cash Equivalents *","page_number":3,"box":{"x":344,"y":330,"width":151,"height":7}},{"id":"1ec837a1-fe8e-4fc4-a355-47e71d46f178","block_type":"box","text":"2. Derivatives **","page_number":3,"box":{"x":344,"y":340,"width":79,"height":6}},{"id":"2293fd8d-dbe7-4cb6-aaa2-59393ffcbe7c","block_type":"box","text":"3. Rights and Warrants","page_number":3,"box":{"x":344,"y":351,"width":112,"height":7}},{"id":"b5ce6767-0d8c-4d3a-9b36-937f61f37fc0","block_type":"box","text":"N/A","page_number":3,"box":{"x":569,"y":340,"width":19,"height":7}},{"id":"2d692c51-3cfd-400d-b231-fe61b4365b8e","block_type":"box","text":"N/A","page_number":3,"box":{"x":767,"y":340,"width":19,"height":7}},{"id":"072ca5eb-309f-4600-ad9c-8d8fe178d8b4","block_type":"box","text":"Government Freedom Status","page_number":3,"box":{"x":50,"y":333,"width":145,"height":5}},{"id":"f3b2ae2d-d5b9-4603-98d9-90b83438644a","block_type":"box","text":"CBI Green Bonds","page_number":3,"box":{"x":50,"y":348,"width":86,"height":6}},{"id":"10f213ac-f930-4719-959e-4e9d9bf1c676","block_type":"box","text":"Coverage for each ESG Attributes","page_number":3,"box":{"x":50,"y":363,"width":169,"height":8}},{"id":"eee462cb-1389-4328-b747-e0e562286a1d","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":"b3c614ab-5da8-4725-a4d8-933e863e3caa","block_type":"box","text":"** Derivatives: Futures, Options, Swaps, Swaptions, Forwards","page_number":3,"box":{"x":50,"y":389,"width":324,"height":8}},{"id":"5224ebd4-48c0-4466-86fc-e3d994e6a810","block_type":"box","text":"Report ID: 5088540.1","page_number":3,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"47e35ed7-0162-42e6-987c-312518cb510f","block_type":"box","text":"Published: 18 Nov 2025","page_number":3,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"1c878a7f-74e1-4cca-8e51-cc3f83e4abab","block_type":"box","text":"P","page_number":3,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"283c90ed-c033-48ec-b741-5b28191c9533","block_type":"box","text":"a","page_number":3,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"12f88830-618f-4211-95fc-fd8857d85551","block_type":"box","text":"g","page_number":3,"box":{"x":911,"y":970,"width":5,"height":5}},{"id":"6fb5903b-a5ae-42b3-9c8c-a3ba40530ad7","block_type":"box","text":"e","page_number":3,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"5aca8f7a-1f31-4638-9182-e24535025893","block_type":"box","text":"3","page_number":3,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"dc57ce7b-764e-4a74-aa4f-014d945d7768","block_type":"box","text":"of","page_number":3,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"f7b35081-ae1f-4e8d-9ff7-b6521cbfa655","block_type":"box","text":"5","page_number":3,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"e1eea6f6-8197-4f58-a1b3-cdf67bed6a46","block_type":"box","text":"Disclosures","page_number":4,"box":{"x":52,"y":58,"width":166,"height":15}},{"id":"3e4ccdaa-532e-4c41-8a8d-d803ae6ccf8b","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":"97b16443-39a6-4143-b5ed-faa48f07636e","block_type":"box","text":"Management. Please click here for more information.","page_number":4,"box":{"x":51,"y":105,"width":336,"height":9}},{"id":"c08b83c9-089b-428c-a288-a0aeeccf19f4","block_type":"box","text":"Marketing Communication","page_number":4,"box":{"x":51,"y":122,"width":170,"height":9}},{"id":"c0f7838b-08a2-4779-ae24-5a65639c343c","block_type":"box","text":"For institutional / professional investors use only.","page_number":4,"box":{"x":51,"y":140,"width":310,"height":9}},{"id":"17ffb05d-6761-42fc-8f97-4009a2e2528c","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":"550e3747-fca9-4dd0-b799-160451872030","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":"8401c9d9-fb4d-4663-80dd-c0385439afec","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":"50238a16-5ab4-4edf-bfdd-1e91e8d5138e","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":"48bb2607-6df9-48c8-a536-c176a7b1c385","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":"cd60ee4e-4473-4d04-b188-0ac3c216ab51","block_type":"box","text":"sion-making.","page_number":4,"box":{"x":50,"y":222,"width":76,"height":8}},{"id":"16d6a67e-2e8f-437b-87dd-b18bba490214","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":"9b24dd6a-34c7-4879-ad5f-fdf17f38c9ab","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":"25369024-c583-47f1-a202-3fab69733cf9","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":"1ef9d17f-dadc-41cb-9271-2e15361c412b","block_type":"box","text":"GA’s express written consent.","page_number":4,"box":{"x":50,"y":283,"width":176,"height":8}},{"id":"3cc62b02-439c-46fc-80cd-10dd11590cf1","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":"c73a1153-0a76-4285-af30-3469a9b7fd3d","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":"f1b1585e-2682-452e-a3cb-3630bde1fe83","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":"a36358de-893c-4e8b-ae37-c2753590e6a0","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":"ef02d9c0-57a3-469a-bf21-d7329eaf429c","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":"a05d1f91-311f-44d5-ba6c-f8a95ab077a3","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":"e836b6b5-8d4b-4510-b590-54ab705cb634","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":"052a9f88-2ad0-4ab4-884b-8a4d13c23bfa","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":"e8a5e08a-aa73-4d37-99d7-85559e3973e0","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":"05029870-af78-4aac-9f37-77e5585725ed","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":"b8c61989-3d9b-4657-ad76-449aa2a0673d","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":"007e309c-d31b-41e1-bf6a-bb83d0388b92","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":"ebdb641e-b000-48be-9dcd-fde1baff59e3","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":"2efa1db1-e0e3-4701-850b-0741036c87db","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":"a2883d90-6585-40ff-85d7-233f59665ede","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":"e7682421-df18-41e2-ace3-e33f6b79e06b","block_type":"box","text":"‘Marketing Communication’ in accordance with the applicable","page_number":4,"box":{"x":50,"y":502,"width":395,"height":9}},{"id":"f7771d16-318b-4e18-b84b-544d7ba93167","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":"635c843e-0bb7-437d-b750-52c0ad1c9e32","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":"b2b37b54-6eaa-4ac5-acad-244bece38559","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":"b85becb2-2031-4a06-bf33-19575f2b45e0","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":"cdbda4e2-78ee-4d26-9cc5-53878fd5588c","block_type":"box","text":"tion of investment research.","page_number":4,"box":{"x":50,"y":566,"width":178,"height":7}},{"id":"32e0faab-700f-4fc3-83b2-5072ac2dd48f","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":"75c5a6b5-39f6-44e0-8bac-aa08280fdee9","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":"0d8230f7-5955-4d1c-9991-3723ca233cc2","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":"8294ea96-9b9e-4405-a5a8-5c49fbbd9dd4","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":"76a61084-a966-4432-bb31-8124400e335a","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":"6d0be898-01c1-4356-9285-c827858615cb","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":"c3e626c5-9ca8-42e9-a1db-e3aab0746958","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":"5ffa7552-ea52-4904-9637-00209a99b4ed","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":"e2a2a219-ae63-42a0-9e16-a834642c2ffa","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":"0a18b324-834a-4d64-833b-a36bdfc4a6c3","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":"5e2ff030-46c8-4790-81a3-a0c99e1d27e8","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":"7e231de0-e4e1-4416-a142-fa14593595d9","block_type":"box","text":"to a substantial gain or loss.","page_number":4,"box":{"x":50,"y":730,"width":163,"height":8}},{"id":"7f585e0a-0278-44cf-8254-47a7076fc354","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":"652414e0-db56-45f2-9017-f516704d5b93","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":"b867ac6a-a50a-4ff3-a8a9-28451ed57dfa","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":"2ab45288-f0ee-4ab9-a4bc-372f4dc7d576","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":"e12f3064-7de0-400c-b4fa-f3746452d657","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":"82f3de94-c1ff-4a05-8c10-e3e4344ce978","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":"c244eec1-edd9-425d-941e-5ce0e8e1dba5","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":"19632f8f-359d-48fe-9b73-cc9b9c87e438","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":"52e33883-2c4d-4b02-b306-40ae06b2e973","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":"35d5fbd2-124b-4eb0-bbd9-51156c49e824","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":"826335d6-b4aa-49cf-98ba-383e35eec19c","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":"04d15246-0d63-4ca3-bd6a-d098cc0f70a2","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":"1a7669af-22ec-4914-9647-204cbe6d4abf","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":"3e13f249-55d8-43b8-9237-2cb99aad0d8c","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":"51bd78e2-d527-4f41-a8ca-4714e5458515","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":"a069c9aa-d64a-4ff1-8470-aec5340eca56","block_type":"box","text":"these indices.","page_number":4,"box":{"x":515,"y":105,"width":81,"height":7}},{"id":"11fb24f2-fdef-4a70-91e1-a3b827d2a260","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":"42c182c1-5bb4-4cd0-a7d2-276ee5479729","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":"1b7ad81e-ff6e-41aa-8345-f99cc9952403","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":"5a64df4f-3856-4440-94d1-61bd3dfeae43","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":"3a5f008b-46f2-4fb3-b438-72b8411265c8","block_type":"box","text":"www.ssga.com","page_number":4,"box":{"x":824,"y":163,"width":97,"height":7}},{"id":"6c619146-cc25-4f0b-9d99-2bae869b8420","block_type":"box","text":". A","page_number":4,"box":{"x":923,"y":161,"width":15,"height":7}},{"id":"538e96f9-88ae-41e3-b50b-5a5e200cc887","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":"f38f9d3d-6c0c-45f1-a5a8-1a1b2fbbc7ad","block_type":"box","text":"https://www.ssga.","page_number":4,"box":{"x":811,"y":174,"width":116,"height":8}},{"id":"11a16277-8fbe-4214-87f6-88c6d03ac9cf","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":"418f45d0-2cf1-4dc1-a46b-5a2996e083f8","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":"ca917e96-2546-4f53-9038-da005a2b0bf4","block_type":"box","text":"pdf.","page_number":4,"box":{"x":515,"y":212,"width":24,"height":9}},{"id":"edec5aa1-dade-403c-818d-88f439645780","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":"85e48705-aefc-4947-b2ef-8c112d33ca79","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":"d1137ab0-2f6a-428b-89a5-a6553ba40a8b","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":"a17d51e6-43d6-4b84-a9ac-bf3db205f0bf","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":"12c9c015-6dc2-408a-bfbe-07963bdb8e4b","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":"7547c17b-45c2-450c-ab66-65c748335a85","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":"957a39e1-3c65-453a-8c8c-567f50f365ca","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":"d05557b4-350f-4117-9be9-f20a16df0183","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":"7fc87fad-f05c-4b6b-aa7c-cfce8c565199","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":"470f54fe-0ff8-4613-8141-f4bc5819d237","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":"b5cd4729-2775-48e5-aa86-1962d31c23cd","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":"0397190e-3deb-4e4b-814f-ed43a4a4ea37","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":"c780cc3e-2718-4cfb-9bd3-a5fb38775e02","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":"ba141a6a-1be8-49ea-8242-d39968246113","block_type":"box","text":"ty metrics or indicators.","page_number":4,"box":{"x":515,"y":406,"width":140,"height":9}},{"id":"1be5516b-249e-4a0b-b1a6-feba1bbf14e2","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":"b5998e68-cf7c-4e8f-b330-29f5ec9214c5","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":"a39869f1-5364-48a1-9104-3e4a2c594bc6","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":"64cd7b31-8429-48b0-8b77-b39eecd27b08","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":"a1108893-393e-415a-b916-9cbc962a638b","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":"e881a1a8-a029-4a5c-a07f-1dc0b2a01ce5","block_type":"box","text":"pleteness of this information.","page_number":4,"box":{"x":515,"y":488,"width":171,"height":8}},{"id":"ce14b295-82b8-411d-9088-893607b73e96","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":"19e216b7-19a5-4132-bd16-920b6ff1eec6","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":"66c810a3-e025-40c0-b4e4-ce0fca7e9dc5","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":"e3d1aaf2-e93f-40a4-843d-4bca552de0d6","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":"58f9bc3c-6cf5-44ca-a4fd-280afc5932c7","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":"117259c8-7d17-4401-911b-411a05480d7f","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":"94b88a5c-121a-4e24-9bb1-7e4a774e89ae","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":"d9a49ad8-6af7-4a3d-b340-b28d017da8ab","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":"f30b7521-8097-4b04-85da-db18cc7cc99b","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":"4875a65b-95cf-43cf-9bf9-c377f4965efb","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":"6dcd1741-7297-460b-856c-a9895e065174","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":"e257140d-92c8-4c9c-9995-8674b5344f45","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":"1c64b60a-b251-46db-a730-2fd0d7f95e94","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":"135b6c3e-47e2-418d-83f8-2c50068d4c98","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":"14538348-e908-473b-a8e8-bd9fd2cf6b4d","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":"eeb6a532-b933-48f5-97d8-d9d5d318b44a","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":"b7df72de-bfe0-4892-8343-c6fc15ca8cd7","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":"9276dbe1-c397-4c36-8b8c-e443a0a54354","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":"5f7b01f2-cb54-49e4-9f7c-1260b1a4759d","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":"4cfd1e86-b779-492e-850b-f01d43dcea1f","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":"27bba0fa-5c9d-403e-a47d-faa28ac8b84d","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":"022bb2ec-43ce-432b-9e97-14f9ec78f9f2","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":"7c1342f2-0962-4b3f-824f-cbb0077be55d","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":"24435659-972c-43a4-a618-3ec5b1f205a4","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":"c2c7124e-1004-43d6-af28-2e16e9c0c881","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":"5ff53b0f-7641-4cba-9b52-be46e5a02844","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":"0c0f685e-23fb-4343-9297-aca2a03f4421","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":"144aa236-9365-4122-972c-42505f91e20b","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":"e94358a0-40e1-458c-8ada-a8e624af346e","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":"dc4d5f3b-f140-45e7-b31c-51daa2348cc4","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":"993da717-3a8b-4367-83d5-6b6d78f6e97f","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":"58745ecd-dae4-4c0e-8544-edc98bc62dc1","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":"d617e513-9cdc-4601-a2f8-4bdf3ff0257e","block_type":"box","text":"Report ID: 5088540.1","page_number":4,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"34fe5a0a-a5ce-4b84-859a-82e79743d404","block_type":"box","text":"Published: 18 Nov 2025","page_number":4,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"32066af8-5f6b-49d9-bb97-bf2ad22e5b74","block_type":"box","text":"P","page_number":4,"box":{"x":899,"y":968,"width":5,"height":6}},{"id":"03a1a800-3991-4395-96e0-64a9a0cdbd7f","block_type":"box","text":"a","page_number":4,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"42596362-c253-44d0-86c1-539de42d60cc","block_type":"box","text":"g","page_number":4,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"615582f1-0175-4a6c-a8d2-0d846a9ab648","block_type":"box","text":"e","page_number":4,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"4a396ea0-d611-4d94-b77e-5ebee53dd786","block_type":"box","text":"4","page_number":4,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"80796cf8-980b-4ce1-af9f-0071ebedcd7b","block_type":"box","text":"of","page_number":4,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"f3e79235-8d5f-4dcd-a5dd-31be26118533","block_type":"box","text":"5","page_number":4,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"ae036c96-7257-4183-804d-f5fb8ee7c3da","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":"2fbeea87-11a1-45af-a525-5fbc306af38f","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":"431b16b1-27ee-42e3-b69c-ddbf94d26ffb","block_type":"box","text":"sions of a scored entity.","page_number":5,"box":{"x":50,"y":61,"width":139,"height":8}},{"id":"87cb6ffb-ac0f-4ff9-85fc-c04ffbeec46b","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":"c52b52c6-f408-47a4-b0d5-458124b7a086","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":"ec43c92d-88ce-466e-b200-846f18ebb6b3","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":"e0ac5f1c-8dbf-4362-aecc-60ea0fdf9e20","block_type":"box","text":"f","page_number":5,"box":{"x":464,"y":108,"width":4,"height":0}},{"id":"0c0f7c37-1e53-48ab-93c3-01427c87e787","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":"c1dda089-dc6f-4f37-8d2a-77805467aa0e","block_type":"box","text":"3395 6000. Facsimile: 020 3395 6350 Web:","page_number":5,"box":{"x":50,"y":130,"width":264,"height":7}},{"id":"88ee4e82-894f-470b-a93a-0d68a3b1e034","block_type":"box","text":"www.ssga.com","page_number":5,"box":{"x":317,"y":131,"width":88,"height":7}},{"id":"254d6ede-29fc-4839-9bb5-0749a0f6b47b","block_type":"box","text":".","page_number":5,"box":{"x":406,"y":135,"width":1,"height":1}},{"id":"ae3ae7b8-ff98-449a-9309-8800d9c15079","block_type":"box","text":"© 2025 State Street Corporation - All Rights Reserved.","page_number":5,"box":{"x":50,"y":159,"width":326,"height":9}},{"id":"45a7b0f9-0122-4d48-8948-92731dda02a8","block_type":"box","text":"Tracking Code: 7765755.1.5.EMEA.INST","page_number":5,"box":{"x":50,"y":171,"width":236,"height":9}},{"id":"bb7e2d76-76b5-4e3e-87ee-fd18e8bbe091","block_type":"box","text":"Expiration Date: 10/31/2026","page_number":5,"box":{"x":51,"y":183,"width":163,"height":8}},{"id":"e1e52a40-aa67-4be2-be69-5f8d2c6b2a4b","block_type":"box","text":"State Street Global Advisors Worldwide Entities","page_number":5,"box":{"x":50,"y":195,"width":284,"height":7}},{"id":"56b8b604-37c0-4eac-bcd6-721172a5a87c","block_type":"box","text":"Report ID: 5088540.1","page_number":5,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"7e2a52ec-da6b-4cfa-864c-2113df70edb7","block_type":"box","text":"Published: 18 Nov 2025","page_number":5,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"84be1aac-0d6f-4782-81d0-0a1a82507a51","block_type":"box","text":"P","page_number":5,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"91d75797-ab31-4b47-8fb2-4cb5187a4c3b","block_type":"box","text":"a","page_number":5,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"1facdf45-53e9-4a82-8132-82cb496fa94b","block_type":"box","text":"g","page_number":5,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"829abc65-7e32-46cd-8461-19b62a559c24","block_type":"box","text":"e","page_number":5,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"002bd9f9-a1cd-41ed-a082-51166f33d740","block_type":"box","text":"5","page_number":5,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"daf27d47-e209-434c-84e8-97a68549ac0b","block_type":"box","text":"of","page_number":5,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"b5089c97-ea0e-4b82-b071-b44703f87fa9","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":"c97d09e1-0f2a-4ced-9003-88e04620d785"},"user_id":1000002,"date_created":"2026-10-05T20:58:11.575000Z","date_modified":"2026-10-05T20:58:11.575000Z","private":false}