{"annotation_id":"16d2bf73-9f34-419b-9f12-4fbf721100e9","file_hash":"2340951deb8b1988a4bc7ed4c3e88b2efa84b2c34e8a8b3dbc5014c75cf3f0e2","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"b4a5a7bd-2549-4c98-a31e-2c576333e7f2","block_type":"box","text":"Key Features","page_number":1,"box":{"x":56,"y":221,"width":140,"height":16}},{"id":"6ff8d1a9-e568-48b7-b9fc-fe45bcc67670","block_type":"box","text":"•","page_number":1,"box":{"x":57,"y":260,"width":4,"height":3}},{"id":"217c1478-a5fa-45b5-8614-28ec4b208120","block_type":"box","text":"The State Street","page_number":1,"box":{"x":69,"y":257,"width":98,"height":7}},{"id":"d2b31b26-0b72-433e-8915-9ee5d0384e47","block_type":"box","text":"®","page_number":1,"box":{"x":168,"y":256,"width":4,"height":4}},{"id":"da12f3b4-57f8-4e89-8b2d-0bce3bb32cb9","block_type":"box","text":"Energy Select Sector SPDR","page_number":1,"box":{"x":177,"y":257,"width":163,"height":9}},{"id":"c7b7540a-c873-42ec-a497-5f1f7abbd4b2","block_type":"box","text":"®","page_number":1,"box":{"x":341,"y":256,"width":4,"height":4}},{"id":"77ad72b7-5b97-403c-8b1d-9b7fd704d7fc","block_type":"box","text":"ETF seeks to provide","page_number":1,"box":{"x":350,"y":257,"width":126,"height":9}},{"id":"8aeea55f-0926-49dc-88d1-6d5d268f19a7","block_type":"box","text":"investment results that, before expenses, correspond generally to","page_number":1,"box":{"x":69,"y":269,"width":396,"height":10}},{"id":"d30f55ae-acbb-414c-9678-41335ddcb238","block_type":"box","text":"the price and yield performance of the Energy Select Sector Index","page_number":1,"box":{"x":69,"y":282,"width":398,"height":10}},{"id":"538f484d-e8d2-406f-ab16-c84de7fc18c9","block_type":"box","text":"(the \"Index\")","page_number":1,"box":{"x":70,"y":294,"width":73,"height":9}},{"id":"6f1101f4-9f56-4b13-8698-ecbc89a68444","block_type":"box","text":"•","page_number":1,"box":{"x":57,"y":323,"width":4,"height":3}},{"id":"b7c58cff-687a-4d67-be1f-c2e59ac10fbe","block_type":"box","text":"The Index seeks to provide an effective representation of the","page_number":1,"box":{"x":69,"y":320,"width":368,"height":9}},{"id":"55d9e34a-7a78-41be-9b7c-8bded00d10b4","block_type":"box","text":"energy sector of the S&P 500 Index","page_number":1,"box":{"x":69,"y":332,"width":214,"height":10}},{"id":"c5bfacd5-5eb9-449e-a385-579e7a6b9aa7","block_type":"box","text":"•","page_number":1,"box":{"x":57,"y":361,"width":4,"height":3}},{"id":"557d3c30-35a6-467f-b743-2b726cf300c0","block_type":"box","text":"Seeks to provide precise exposure to companies in the oil, gas and","page_number":1,"box":{"x":69,"y":358,"width":402,"height":9}},{"id":"010361ed-3314-42b3-9069-fc0d5f9fe03d","block_type":"box","text":"consumable fuel, energy equipment and services industries","page_number":1,"box":{"x":69,"y":370,"width":358,"height":10}},{"id":"fc4369d9-54bc-4def-85e1-2fd9af21ef11","block_type":"box","text":"•","page_number":1,"box":{"x":57,"y":398,"width":4,"height":4}},{"id":"9533c63f-7ead-497e-ad1e-ec3f433d74d2","block_type":"box","text":"Allows investors to take strategic or tactical positions at a more","page_number":1,"box":{"x":69,"y":395,"width":381,"height":10}},{"id":"1453e90b-c0e1-455b-8f6b-53ac0b668caf","block_type":"box","text":"targeted level than traditional style based investing","page_number":1,"box":{"x":69,"y":408,"width":307,"height":10}},{"id":"bd508308-9182-4a8e-a441-86231094f803","block_type":"box","text":"•","page_number":1,"box":{"x":57,"y":436,"width":4,"height":4}},{"id":"6d1722bb-2a26-4ffb-b92a-5476757ea50c","block_type":"box","text":"Ordinary brokerage commissions may apply","page_number":1,"box":{"x":69,"y":433,"width":264,"height":10}},{"id":"59e1bb97-7c14-4e83-a114-6f6bb24393e2","block_type":"box","text":"Fund Information","page_number":1,"box":{"x":512,"y":220,"width":185,"height":14}},{"id":"d597fd89-8ed6-4421-b0b8-e90f3f6f3ad8","block_type":"box","text":"Key Facts","page_number":1,"box":{"x":512,"y":253,"width":59,"height":10}},{"id":"bd3d9d21-97da-4970-841d-95d8e04e5533","block_type":"box","text":"Inception Date","page_number":1,"box":{"x":512,"y":275,"width":87,"height":9}},{"id":"7a196fc0-66fd-438b-ada1-e2ad94de42f5","block_type":"box","text":"12/16/1998","page_number":1,"box":{"x":857,"y":274,"width":73,"height":9}},{"id":"6c2c45dd-1c10-4b2f-95ee-d0624e43865b","block_type":"box","text":"CUSIP","page_number":1,"box":{"x":512,"y":296,"width":37,"height":8}},{"id":"f9c88231-4626-49b7-b575-5e9ab7721cec","block_type":"box","text":"81369Y506","page_number":1,"box":{"x":856,"y":296,"width":74,"height":7}},{"id":"96fc22d1-7e12-4909-b6da-800a5ae8ef26","block_type":"box","text":"Gross Expense Ratio (%)","page_number":1,"box":{"x":512,"y":316,"width":146,"height":11}},{"id":"dc1611a1-6833-433b-9c32-b024430461fd","block_type":"box","text":"0.08","page_number":1,"box":{"x":903,"y":317,"width":27,"height":8}},{"id":"95c4622c-a0da-4b95-a351-ce842a00b1fd","block_type":"box","text":"30 Day SEC Yield (%)","page_number":1,"box":{"x":512,"y":337,"width":127,"height":11}},{"id":"9905e0d7-cf94-4cce-bf08-ce43b47d3b47","block_type":"box","text":"2.84","page_number":1,"box":{"x":904,"y":338,"width":26,"height":8}},{"id":"bcf8c5e0-a446-425b-a708-cdde07d99296","block_type":"box","text":"Characteristics","page_number":1,"box":{"x":512,"y":378,"width":95,"height":8}},{"id":"924ce21f-ba0b-485d-86e3-c45784813f84","block_type":"box","text":"Est. 3-5 Year EPS Growth","page_number":1,"box":{"x":512,"y":400,"width":153,"height":8}},{"id":"d3221db7-acfa-4e23-b746-017c1deb9db5","block_type":"box","text":"8.54%","page_number":1,"box":{"x":732,"y":400,"width":37,"height":7}},{"id":"144fb2ac-2dbc-4842-b807-85064bce2f6d","block_type":"box","text":"Index Dividend Yield","page_number":1,"box":{"x":512,"y":421,"width":121,"height":8}},{"id":"419133f7-6a00-4a47-b881-5bbeb9672510","block_type":"box","text":"2.99%","page_number":1,"box":{"x":732,"y":421,"width":37,"height":8}},{"id":"788d425d-f99a-4cdd-817e-c7ef1d983e50","block_type":"box","text":"Price/Earnings FY1","page_number":1,"box":{"x":512,"y":442,"width":111,"height":10}},{"id":"50a566bc-3bbf-42f7-825f-3d74ddaa4b26","block_type":"box","text":"11.95","page_number":1,"box":{"x":733,"y":442,"width":34,"height":8}},{"id":"c08c0df5-f1ea-44bb-8c88-ab7c8c625560","block_type":"box","text":"Number of Holdings","page_number":1,"box":{"x":512,"y":463,"width":120,"height":10}},{"id":"b7c266b9-ccc3-40db-bdad-3e0fa54dab80","block_type":"box","text":"21","page_number":1,"box":{"x":732,"y":463,"width":13,"height":8}},{"id":"bf6b9b46-18c1-4685-8d3e-2799e5932277","block_type":"box","text":"Price/Book","page_number":1,"box":{"x":512,"y":484,"width":65,"height":9}},{"id":"e1a91804-fadc-4660-a6ec-0a5cb8f99405","block_type":"box","text":"2.37","page_number":1,"box":{"x":732,"y":484,"width":26,"height":8}},{"id":"96f62d7b-dae1-403e-88eb-04a6aa426c30","block_type":"box","text":"Average Market Cap (M)","page_number":1,"box":{"x":511,"y":505,"width":146,"height":10}},{"id":"98ced1a0-87bf-4386-b043-d1253bda4c7e","block_type":"box","text":"US$213,095.45","page_number":1,"box":{"x":732,"y":505,"width":97,"height":10}},{"id":"7b1d4fcc-0b5c-4123-aa95-0911442ae762","block_type":"box","text":"1","page_number":1,"box":{"x":935,"y":947,"width":4,"height":7}},{"id":"2cb1d96b-545b-481a-aa3e-ea10a29c64c0","block_type":"box","text":"Total Return (as of 06/30/2026)","page_number":1,"box":{"x":60,"y":605,"width":200,"height":10}},{"id":"2828b876-06a7-4c70-b269-3481f398fb60","block_type":"box","text":"Q","page_number":1,"box":{"x":154,"y":770,"width":8,"height":8}},{"id":"5a559a6d-3e49-4bb0-80b7-9d930bf5ec65","block_type":"box","text":"T","page_number":1,"box":{"x":163,"y":770,"width":7,"height":7}},{"id":"eb96c9cc-2228-45e3-9a11-da7da1bc4661","block_type":"box","text":"D","page_number":1,"box":{"x":172,"y":770,"width":7,"height":7}},{"id":"0e063cd1-4f83-45ad-abc8-f9545464d0b1","block_type":"box","text":"Y","page_number":1,"box":{"x":289,"y":770,"width":8,"height":7}},{"id":"8551adcf-ad1f-4f1d-98dc-3982cd17f0d7","block_type":"box","text":"T","page_number":1,"box":{"x":298,"y":770,"width":7,"height":7}},{"id":"5e6432b2-dbed-4aa2-ae28-d3e086af35d1","block_type":"box","text":"D","page_number":1,"box":{"x":307,"y":770,"width":7,"height":7}},{"id":"c573a11f-cb35-40ac-be73-a6a95522e0a7","block_type":"box","text":"1","page_number":1,"box":{"x":420,"y":770,"width":3,"height":7}},{"id":"4f49a0cd-e519-4ff3-8f44-1755815ba7b6","block_type":"box","text":"Ye","page_number":1,"box":{"x":428,"y":770,"width":8,"height":7}},{"id":"fe3e2c19-f608-42c5-8b6d-91242f739da3","block_type":"box","text":"Ye","page_number":1,"box":{"x":436,"y":772,"width":6,"height":5}},{"id":"b00c603f-8ecd-4c1b-a197-102394782fb7","block_type":"box","text":"a","page_number":1,"box":{"x":444,"y":772,"width":5,"height":5}},{"id":"1a0b39ca-e996-40fa-b904-8cdca4e00fa7","block_type":"box","text":"r","page_number":1,"box":{"x":451,"y":772,"width":4,"height":5}},{"id":"779b6432-1c00-4a9d-9d89-5397d06d5b1a","block_type":"box","text":"3","page_number":1,"box":{"x":554,"y":770,"width":6,"height":7}},{"id":"e4a47ce0-98d5-4faf-b62c-bdbc62ceeb2d","block_type":"box","text":"Ye","page_number":1,"box":{"x":565,"y":770,"width":8,"height":7}},{"id":"d054afe9-6fa3-42c8-8a0e-ba40b478ed0e","block_type":"box","text":"Ye","page_number":1,"box":{"x":573,"y":772,"width":6,"height":5}},{"id":"bd972a3f-7a02-45a4-b6f1-9d48eff539b6","block_type":"box","text":"a","page_number":1,"box":{"x":581,"y":772,"width":5,"height":5}},{"id":"97c02e16-95f8-4769-a70a-d55d779174e7","block_type":"box","text":"r","page_number":1,"box":{"x":588,"y":772,"width":4,"height":5}},{"id":"835d054b-a2bf-41d0-8359-8f0b50beee88","block_type":"box","text":"5","page_number":1,"box":{"x":689,"y":770,"width":7,"height":7}},{"id":"bef74b2f-e892-4b84-a4b9-2cb6211d3444","block_type":"box","text":"Ye","page_number":1,"box":{"x":700,"y":770,"width":8,"height":7}},{"id":"7843a1f3-3667-4eda-9f7d-e36bf47b11db","block_type":"box","text":"Ye","page_number":1,"box":{"x":708,"y":772,"width":6,"height":5}},{"id":"4040ddd7-060f-470a-9cbd-0e4bcc752588","block_type":"box","text":"a","page_number":1,"box":{"x":716,"y":772,"width":5,"height":5}},{"id":"a5dea492-6024-48c3-b7f6-2a2ab487110c","block_type":"box","text":"r","page_number":1,"box":{"x":723,"y":772,"width":4,"height":5}},{"id":"78745b49-01a2-4393-8f98-a11201b3efc3","block_type":"box","text":"1","page_number":1,"box":{"x":822,"y":770,"width":3,"height":7}},{"id":"4d70ae77-a494-4ff1-8d60-8f0204136b94","block_type":"box","text":"0","page_number":1,"box":{"x":827,"y":770,"width":7,"height":7}},{"id":"0866f72e-2ca8-4422-aa2d-4bce1442ea38","block_type":"box","text":"Ye","page_number":1,"box":{"x":838,"y":770,"width":9,"height":7}},{"id":"b96c1787-cbe7-4cb5-8792-5e9bf6780dfd","block_type":"box","text":"Ye","page_number":1,"box":{"x":846,"y":772,"width":7,"height":5}},{"id":"e4c06a09-56e4-487d-968f-ff7d65cbdc66","block_type":"box","text":"a","page_number":1,"box":{"x":854,"y":772,"width":6,"height":5}},{"id":"688106d4-e7f1-45ca-8fe1-c97d40f5a50a","block_type":"box","text":"r","page_number":1,"box":{"x":862,"y":772,"width":3,"height":5}},{"id":"140b9276-3df3-42c0-8416-7f59861e037b","block_type":"box","text":"P","page_number":1,"box":{"x":107,"y":619,"width":7,"height":7}},{"id":"96d7a2f9-a75a-4896-85fd-a46a1d19d007","block_type":"box","text":"e","page_number":1,"box":{"x":115,"y":621,"width":6,"height":5}},{"id":"a6ceb0f4-dcc9-48b5-8420-883e8ea81105","block_type":"box","text":"r","page_number":1,"box":{"x":123,"y":621,"width":3,"height":5}},{"id":"26073c75-f6a7-4264-a20c-1824c13bae92","block_type":"box","text":"c","page_number":1,"box":{"x":127,"y":621,"width":6,"height":5}},{"id":"fdf22180-00ba-479a-8fd4-3697a9b87cd2","block_type":"box","text":"e","page_number":1,"box":{"x":134,"y":621,"width":6,"height":5}},{"id":"f67dc8fa-ca7b-4922-8ab5-02d7e03a7e16","block_type":"box","text":"n","page_number":1,"box":{"x":142,"y":621,"width":6,"height":5}},{"id":"b15bcb71-c051-4c26-a752-e2e511558a91","block_type":"box","text":"t","page_number":1,"box":{"x":149,"y":620,"width":3,"height":6}},{"id":"5d54fe54-51d3-42c9-9dd7-20ea8fccf182","block_type":"box","text":"","page_number":1,"box":{"x":68,"y":758,"width":4,"height":1}},{"id":"7d25fa62-f823-400f-87d9-fb3b05ca9551","block_type":"box","text":"5","page_number":1,"box":{"x":74,"y":755,"width":6,"height":7}},{"id":"98da751a-c7e7-4d66-b07c-c3b3cb88f66a","block_type":"box","text":"0","page_number":1,"box":{"x":81,"y":754,"width":7,"height":8}},{"id":"7a6d7361-ab48-48a8-aa52-da0ca890174c","block_type":"box","text":"","page_number":1,"box":{"x":67,"y":745,"width":4,"height":1}},{"id":"cdccae32-11fa-40de-b80d-f9beaa98df54","block_type":"box","text":"4","page_number":1,"box":{"x":73,"y":742,"width":7,"height":7}},{"id":"fade3c5d-602a-406d-affd-bd4a311c0160","block_type":"box","text":"0","page_number":1,"box":{"x":81,"y":742,"width":7,"height":7}},{"id":"10e23b81-d1bc-41cf-96be-37c4e7eceb95","block_type":"box","text":"","page_number":1,"box":{"x":68,"y":732,"width":4,"height":1}},{"id":"6df9596b-d9aa-4f96-8e95-2621d91f57ef","block_type":"box","text":"3","page_number":1,"box":{"x":73,"y":729,"width":7,"height":7}},{"id":"aa36309f-2b4d-45d9-88c9-799ab4ef308f","block_type":"box","text":"0","page_number":1,"box":{"x":81,"y":729,"width":7,"height":7}},{"id":"84a36d5c-3503-434e-a3d2-ccf8569a26ca","block_type":"box","text":"","page_number":1,"box":{"x":68,"y":719,"width":4,"height":1}},{"id":"1e2eaa88-b494-4f84-a446-43521cfb0725","block_type":"box","text":"2","page_number":1,"box":{"x":74,"y":716,"width":6,"height":7}},{"id":"e44508d0-2bd6-43f2-a7e9-023c34a9ba4c","block_type":"box","text":"0","page_number":1,"box":{"x":81,"y":716,"width":7,"height":7}},{"id":"cf1d26f4-58de-45ac-bf30-7ab2d2aa25a0","block_type":"box","text":"","page_number":1,"box":{"x":70,"y":706,"width":5,"height":1}},{"id":"46c5c278-9ccf-49ec-81e1-df4baace3da1","block_type":"box","text":"1","page_number":1,"box":{"x":76,"y":703,"width":4,"height":7}},{"id":"bc008616-22b8-400f-916a-237b17c9221e","block_type":"box","text":"0","page_number":1,"box":{"x":81,"y":703,"width":7,"height":7}},{"id":"b413ddc3-c742-406b-9275-a74223b4d27c","block_type":"box","text":"0","page_number":1,"box":{"x":81,"y":690,"width":7,"height":8}},{"id":"00d26556-edbd-422e-ad5b-b5806d9628b5","block_type":"box","text":"1","page_number":1,"box":{"x":76,"y":677,"width":4,"height":8}},{"id":"6809200a-de2d-4c4d-baa7-f50874520cdd","block_type":"box","text":"0","page_number":1,"box":{"x":81,"y":677,"width":7,"height":8}},{"id":"147229d9-8aa2-45cf-afc7-f8d956b3f8ec","block_type":"box","text":"2","page_number":1,"box":{"x":74,"y":664,"width":6,"height":8}},{"id":"b182a3c3-af2a-4de6-b5d1-f856ad069a77","block_type":"box","text":"0","page_number":1,"box":{"x":81,"y":664,"width":7,"height":8}},{"id":"b7441bf8-8c05-426f-9547-0c8c41ce573c","block_type":"box","text":"3","page_number":1,"box":{"x":73,"y":651,"width":7,"height":8}},{"id":"4f03ed05-e423-440c-898a-eea9c78ccf5a","block_type":"box","text":"0","page_number":1,"box":{"x":81,"y":651,"width":7,"height":8}},{"id":"53e8f0b0-7efc-49ba-8136-59b0ee7543a9","block_type":"box","text":"4","page_number":1,"box":{"x":73,"y":639,"width":7,"height":7}},{"id":"6c0cc605-5986-45a4-a154-f11658dd0724","block_type":"box","text":"0","page_number":1,"box":{"x":81,"y":639,"width":7,"height":7}},{"id":"9e3a2a9f-c706-4b11-9f96-f1df2c38e491","block_type":"box","text":"5","page_number":1,"box":{"x":74,"y":626,"width":6,"height":7}},{"id":"50148c3f-d036-49e3-b73b-23aa9be913ac","block_type":"box","text":"0","page_number":1,"box":{"x":81,"y":626,"width":7,"height":7}},{"id":"660859f5-7554-40d4-b5c5-8a3cd14df4a6","block_type":"box","text":"","page_number":1,"box":{"x":131,"y":736,"width":1,"height":3}},{"id":"e765ab4b-f8a4-4f58-b1ae-a588f9826ec8","block_type":"box","text":"1","page_number":1,"box":{"x":126,"y":732,"width":10,"height":3}},{"id":"e8acd605-2eb2-4b5b-84b3-d2b5ad9f852b","block_type":"box","text":"2","page_number":1,"box":{"x":126,"y":726,"width":10,"height":5}},{"id":"bb46d4a7-aebe-449f-b369-542621e59ef5","block_type":"box","text":".","page_number":1,"box":{"x":134,"y":723,"width":2,"height":2}},{"id":"074161e9-4b37-480f-aa71-38bbad9bcc56","block_type":"box","text":"5","page_number":1,"box":{"x":126,"y":717,"width":10,"height":5}},{"id":"415f3f4e-fd52-4188-98de-496a7116360b","block_type":"box","text":"5","page_number":1,"box":{"x":126,"y":712,"width":10,"height":4}},{"id":"6b9ce3c0-afea-42aa-82c0-186b6bcc1ec3","block_type":"box","text":"2","page_number":1,"box":{"x":262,"y":661,"width":9,"height":4}},{"id":"95e2755d-ad39-4d0c-9407-f467131cfe88","block_type":"box","text":"0","page_number":1,"box":{"x":262,"y":654,"width":9,"height":5}},{"id":"5b9b6dd9-4860-412d-8105-ca6ad608509a","block_type":"box","text":".","page_number":1,"box":{"x":270,"y":652,"width":1,"height":1}},{"id":"95b661c4-c193-401e-b63a-5b360bfa154e","block_type":"box","text":"5","page_number":1,"box":{"x":262,"y":646,"width":9,"height":5}},{"id":"6c35ec89-77e0-4f9d-a72b-8b1300639122","block_type":"box","text":"2","page_number":1,"box":{"x":262,"y":640,"width":9,"height":5}},{"id":"71bf3885-9edb-46ec-8287-5a3b30da44cb","block_type":"box","text":"2","page_number":1,"box":{"x":397,"y":649,"width":10,"height":5}},{"id":"613997bb-ee72-4879-9eb6-1a73e2099e5b","block_type":"box","text":"9","page_number":1,"box":{"x":397,"y":643,"width":10,"height":5}},{"id":"992db445-51ba-464e-850a-6d1e8e53677f","block_type":"box","text":".","page_number":1,"box":{"x":405,"y":641,"width":2,"height":1}},{"id":"3f7b3e75-56b9-4f80-b275-8263ab52b381","block_type":"box","text":"2","page_number":1,"box":{"x":397,"y":635,"width":10,"height":4}},{"id":"3eae5fbd-2570-4a22-b8b5-b5738c7852e6","block_type":"box","text":"5","page_number":1,"box":{"x":397,"y":629,"width":10,"height":4}},{"id":"769ccc3e-b7cd-4f6b-8420-c204bd9a213c","block_type":"box","text":"1","page_number":1,"box":{"x":533,"y":672,"width":9,"height":2}},{"id":"6b598f97-8d09-41b1-bd24-f257bb3adcb1","block_type":"box","text":"2","page_number":1,"box":{"x":532,"y":665,"width":10,"height":5}},{"id":"36091617-2c18-4b6f-b701-b4d325aef68b","block_type":"box","text":".","page_number":1,"box":{"x":540,"y":663,"width":2,"height":1}},{"id":"25bb0ca4-1794-4d5f-9e67-caf62d2c364f","block_type":"box","text":"9","page_number":1,"box":{"x":532,"y":657,"width":10,"height":5}},{"id":"87677fc0-e9be-430d-842c-e6637dd3709f","block_type":"box","text":"8","page_number":1,"box":{"x":532,"y":650,"width":10,"height":5}},{"id":"08f60f65-c6e4-4459-a3e6-049a079916b1","block_type":"box","text":"1","page_number":1,"box":{"x":668,"y":664,"width":9,"height":3}},{"id":"8fc1fa9e-1492-4392-9857-2b265a1462b2","block_type":"box","text":"8","page_number":1,"box":{"x":668,"y":657,"width":10,"height":5}},{"id":"54db4a89-9569-45fe-8cda-fca82efff890","block_type":"box","text":".","page_number":1,"box":{"x":676,"y":655,"width":2,"height":1}},{"id":"a34d2287-481d-4e5d-ad0c-14dc349dff64","block_type":"box","text":"7","page_number":1,"box":{"x":668,"y":649,"width":9,"height":5}},{"id":"b181a3f7-0078-417b-b51d-facfe0ff6c74","block_type":"box","text":"9","page_number":1,"box":{"x":668,"y":643,"width":10,"height":5}},{"id":"eaddf723-4e86-481b-b130-0a549c6bfd37","block_type":"box","text":"8","page_number":1,"box":{"x":803,"y":672,"width":10,"height":5}},{"id":"7641fc2f-6b5c-40a3-bb86-1f6a783c1052","block_type":"box","text":".","page_number":1,"box":{"x":811,"y":670,"width":2,"height":1}},{"id":"6fd02d70-71b9-4271-b069-f92d09e958e1","block_type":"box","text":"8","page_number":1,"box":{"x":803,"y":664,"width":10,"height":5}},{"id":"e0336617-2c0f-47fc-8ae8-f05ded7593fe","block_type":"box","text":"2","page_number":1,"box":{"x":803,"y":658,"width":10,"height":5}},{"id":"80a99e7f-6094-4e5d-b3ed-c11bb6ca614c","block_type":"box","text":"","page_number":1,"box":{"x":165,"y":736,"width":1,"height":4}},{"id":"c82c3de6-481f-48be-a050-0c4021daa9b3","block_type":"box","text":"1","page_number":1,"box":{"x":161,"y":733,"width":10,"height":2}},{"id":"aa70410d-667c-4011-8dc1-d3c1f4dcec1b","block_type":"box","text":"2","page_number":1,"box":{"x":161,"y":726,"width":10,"height":5}},{"id":"3e0b0981-801b-4650-ac74-a3864e20199b","block_type":"box","text":".","page_number":1,"box":{"x":169,"y":724,"width":2,"height":1}},{"id":"45c0208f-052e-47df-afd6-dea4beb1422c","block_type":"box","text":"6","page_number":1,"box":{"x":161,"y":718,"width":10,"height":5}},{"id":"2cb6ca71-f33e-4159-bad8-f526c734481e","block_type":"box","text":"0","page_number":1,"box":{"x":161,"y":711,"width":10,"height":6}},{"id":"1e416b65-6cbb-4ded-b9ef-037030d588d2","block_type":"box","text":"2","page_number":1,"box":{"x":296,"y":661,"width":10,"height":5}},{"id":"ae5a0b94-3a9b-4e3a-bfc0-5e2acebaec62","block_type":"box","text":"0","page_number":1,"box":{"x":296,"y":655,"width":10,"height":5}},{"id":"411cd6b7-8a9e-4705-ac8f-03135a92e684","block_type":"box","text":".","page_number":1,"box":{"x":304,"y":652,"width":2,"height":2}},{"id":"12473d94-d94d-438d-95b1-219b156fdcda","block_type":"box","text":"4","page_number":1,"box":{"x":297,"y":646,"width":9,"height":5}},{"id":"8ca872cb-367b-46c0-be69-eb5ca41175d7","block_type":"box","text":"6","page_number":1,"box":{"x":296,"y":640,"width":10,"height":5}},{"id":"44e4956e-24b5-421c-9cfe-c1f3a8d61bab","block_type":"box","text":"2","page_number":1,"box":{"x":432,"y":650,"width":9,"height":4}},{"id":"98099d21-4069-4b59-8038-c9f7baf264e7","block_type":"box","text":"9","page_number":1,"box":{"x":432,"y":643,"width":10,"height":5}},{"id":"9082be90-8438-489f-b383-9665ff603934","block_type":"box","text":".","page_number":1,"box":{"x":440,"y":641,"width":2,"height":1}},{"id":"64a33cfb-3fc2-485c-88be-a2b0714ef31f","block_type":"box","text":"2","page_number":1,"box":{"x":432,"y":635,"width":9,"height":5}},{"id":"68a6c29d-b51b-4d36-a3df-e08c0ee265ae","block_type":"box","text":"0","page_number":1,"box":{"x":432,"y":628,"width":10,"height":6}},{"id":"6d0c4d1e-56dd-4179-bc27-9b536f4a4eba","block_type":"box","text":"1","page_number":1,"box":{"x":567,"y":672,"width":10,"height":2}},{"id":"06286c31-7dc4-4aaf-8d98-bc67929388cf","block_type":"box","text":"2","page_number":1,"box":{"x":567,"y":666,"width":10,"height":4}},{"id":"21c2431f-0048-447e-8364-f509ebfe5c30","block_type":"box","text":".","page_number":1,"box":{"x":575,"y":663,"width":2,"height":1}},{"id":"c10bb0f6-2078-41b8-838f-03c5705e9c20","block_type":"box","text":"9","page_number":1,"box":{"x":567,"y":657,"width":10,"height":5}},{"id":"46a5074c-8eb2-48f0-9caf-58b8d1f75ef5","block_type":"box","text":"6","page_number":1,"box":{"x":567,"y":650,"width":10,"height":5}},{"id":"2fb18413-1779-4729-9ed1-4d5544693989","block_type":"box","text":"1","page_number":1,"box":{"x":703,"y":664,"width":9,"height":3}},{"id":"644cf8ed-4427-461b-b854-58c0f52e05f1","block_type":"box","text":"8","page_number":1,"box":{"x":703,"y":657,"width":9,"height":5}},{"id":"fc3bc5a7-ee80-4cdf-bea3-fbb8a1bc12b0","block_type":"box","text":".","page_number":1,"box":{"x":711,"y":655,"width":1,"height":1}},{"id":"7dce19e4-11a6-434b-9058-2e7d0a15fbee","block_type":"box","text":"7","page_number":1,"box":{"x":703,"y":649,"width":9,"height":5}},{"id":"000872c2-a25b-44ad-ad1b-e33a3a163e78","block_type":"box","text":"8","page_number":1,"box":{"x":703,"y":643,"width":9,"height":5}},{"id":"9d463a8a-65eb-4ec8-a2dc-9ca7f26bdf93","block_type":"box","text":"8","page_number":1,"box":{"x":838,"y":671,"width":10,"height":5}},{"id":"e906490a-017b-4148-8701-054db43a3369","block_type":"box","text":".","page_number":1,"box":{"x":846,"y":669,"width":2,"height":1}},{"id":"6f0c8734-e97b-4d0c-963a-28128415397d","block_type":"box","text":"8","page_number":1,"box":{"x":838,"y":663,"width":10,"height":5}},{"id":"5f39c36d-5379-4417-8ef3-d7d7f4577688","block_type":"box","text":"1","page_number":1,"box":{"x":838,"y":659,"width":10,"height":3}},{"id":"6b301a6c-45ca-4d60-bca8-1435b37c9199","block_type":"box","text":"","page_number":1,"box":{"x":200,"y":736,"width":1,"height":4}},{"id":"24da4f14-c1d8-4f37-bb71-ce6a1a9e41b5","block_type":"box","text":"1","page_number":1,"box":{"x":196,"y":733,"width":9,"height":2}},{"id":"199ed832-5605-4798-bca2-4a4b3bdf2d8f","block_type":"box","text":"2","page_number":1,"box":{"x":196,"y":726,"width":9,"height":5}},{"id":"cb5b010d-1807-42ae-8e58-e1c1ab24b9eb","block_type":"box","text":".","page_number":1,"box":{"x":204,"y":724,"width":2,"height":1}},{"id":"fa1f5024-c04e-45e7-a118-139eb825afa0","block_type":"box","text":"5","page_number":1,"box":{"x":196,"y":718,"width":10,"height":5}},{"id":"0d92dc65-70ae-4c17-b377-d0a11b5a709a","block_type":"box","text":"4","page_number":1,"box":{"x":196,"y":711,"width":9,"height":6}},{"id":"1c86760a-1b58-4073-8395-6050e28b415e","block_type":"box","text":"2","page_number":1,"box":{"x":331,"y":661,"width":10,"height":4}},{"id":"1775149c-ffe3-4680-bcfa-4de26f19795d","block_type":"box","text":"0","page_number":1,"box":{"x":331,"y":654,"width":10,"height":5}},{"id":"fdc0e76a-bf3c-4f81-8c4e-b5a2bc6cbbad","block_type":"box","text":".","page_number":1,"box":{"x":339,"y":652,"width":2,"height":1}},{"id":"a1e89d09-4bf7-4164-8318-d41396e5590e","block_type":"box","text":"5","page_number":1,"box":{"x":331,"y":646,"width":10,"height":5}},{"id":"90afe7d2-c0cf-434f-8aef-66bfab222cfd","block_type":"box","text":"8","page_number":1,"box":{"x":331,"y":640,"width":10,"height":5}},{"id":"604212ca-f79f-4b01-9777-cd2554f73057","block_type":"box","text":"2","page_number":1,"box":{"x":467,"y":648,"width":9,"height":5}},{"id":"be1057cd-a0d6-45ec-af8a-eb60a5b0ce75","block_type":"box","text":"9","page_number":1,"box":{"x":467,"y":642,"width":9,"height":5}},{"id":"2f987881-4812-49ec-a4e8-452c3c343903","block_type":"box","text":".","page_number":1,"box":{"x":475,"y":640,"width":1,"height":1}},{"id":"02b533df-d702-482b-b229-cf6478e60102","block_type":"box","text":"4","page_number":1,"box":{"x":467,"y":633,"width":9,"height":5}},{"id":"c2bfd34f-d034-45f6-912c-91415ba73180","block_type":"box","text":"1","page_number":1,"box":{"x":467,"y":630,"width":9,"height":2}},{"id":"0ef7ab22-7d13-4ffb-8bc3-0bf9ffd47a83","block_type":"box","text":"1","page_number":1,"box":{"x":602,"y":670,"width":10,"height":3}},{"id":"c4896ade-3ec8-4a2b-9737-b6454f51018b","block_type":"box","text":"3","page_number":1,"box":{"x":602,"y":664,"width":10,"height":5}},{"id":"22c114b3-9dcf-43c0-97b7-745aac90c790","block_type":"box","text":".","page_number":1,"box":{"x":610,"y":661,"width":2,"height":2}},{"id":"c0739bf5-8fa2-4e3d-a689-88054f61656e","block_type":"box","text":"1","page_number":1,"box":{"x":602,"y":658,"width":10,"height":3}},{"id":"8957aae8-f173-446f-9cbf-c3f7aab4dcf5","block_type":"box","text":"0","page_number":1,"box":{"x":602,"y":652,"width":10,"height":5}},{"id":"0179866e-cdce-474a-82df-8c1730437e1b","block_type":"box","text":"1","page_number":1,"box":{"x":737,"y":664,"width":10,"height":3}},{"id":"64a73775-3f36-46e2-a6c7-dfd064b0dd57","block_type":"box","text":"8","page_number":1,"box":{"x":737,"y":658,"width":10,"height":5}},{"id":"76a73567-a091-4c98-836e-8948cb361af4","block_type":"box","text":".","page_number":1,"box":{"x":745,"y":655,"width":2,"height":1}},{"id":"678528d0-3475-4d70-9c23-18e9b29ed083","block_type":"box","text":"9","page_number":1,"box":{"x":737,"y":649,"width":10,"height":5}},{"id":"ae03246a-3669-4cf4-92bb-4abc2a0eeed1","block_type":"box","text":"2","page_number":1,"box":{"x":737,"y":643,"width":10,"height":5}},{"id":"be77ea02-c42a-44a0-b555-39ab39cfe46d","block_type":"box","text":"8","page_number":1,"box":{"x":873,"y":672,"width":9,"height":5}},{"id":"bb95b7e4-559c-4b01-ab78-8205ca3529b3","block_type":"box","text":".","page_number":1,"box":{"x":881,"y":670,"width":1,"height":1}},{"id":"57e654a6-dcf7-4c3d-a354-d5442ba4777f","block_type":"box","text":"9","page_number":1,"box":{"x":873,"y":664,"width":9,"height":5}},{"id":"7da02d95-dc0d-4cf3-8201-3a7eb794411f","block_type":"box","text":"6","page_number":1,"box":{"x":873,"y":658,"width":9,"height":5}},{"id":"bc1c992b-1d75-43d7-91d3-b942055d3df6","block_type":"box","text":"N","page_number":1,"box":{"x":83,"y":786,"width":8,"height":7}},{"id":"f57aa1cc-c239-4ef7-8f41-f5b9ece9f0ef","block_type":"box","text":"AV","page_number":1,"box":{"x":92,"y":786,"width":8,"height":7}},{"id":"6585a288-49bd-4a83-810e-099d42b83906","block_type":"box","text":"AV","page_number":1,"box":{"x":100,"y":786,"width":8,"height":7}},{"id":"e6cadae5-4e3f-445f-a8fc-42d8fef8ba7c","block_type":"box","text":"M","page_number":1,"box":{"x":186,"y":786,"width":10,"height":7}},{"id":"26a35586-435d-4d37-90e9-fdacf23563f8","block_type":"box","text":"a","page_number":1,"box":{"x":197,"y":787,"width":6,"height":6}},{"id":"7a7fb85c-98a5-46eb-89f4-2723398d7cba","block_type":"box","text":"r","page_number":1,"box":{"x":205,"y":787,"width":3,"height":6}},{"id":"9847668d-1600-453c-b7a8-83aae27b294f","block_type":"box","text":"k","page_number":1,"box":{"x":210,"y":786,"width":6,"height":7}},{"id":"b758d6eb-3aa1-4f0a-acb3-058b179286eb","block_type":"box","text":"e","page_number":1,"box":{"x":216,"y":787,"width":6,"height":6}},{"id":"7c2a2959-456e-4a25-8923-c89d1652e911","block_type":"box","text":"t","page_number":1,"box":{"x":223,"y":786,"width":4,"height":7}},{"id":"6c84faf0-d981-4acb-a726-6571286ecb91","block_type":"box","text":"V","page_number":1,"box":{"x":231,"y":786,"width":9,"height":7}},{"id":"a36956e6-8ad7-4cf8-ade4-c243fd94643f","block_type":"box","text":"a","page_number":1,"box":{"x":240,"y":787,"width":5,"height":6}},{"id":"9b124a77-fa43-4326-9546-d0f1148d17e0","block_type":"box","text":"l","page_number":1,"box":{"x":247,"y":786,"width":1,"height":7}},{"id":"76a0a9e2-a0e4-4943-bf19-692433e7422f","block_type":"box","text":"u","page_number":1,"box":{"x":250,"y":788,"width":6,"height":5}},{"id":"8ec37282-94e1-44e9-a90a-4b22b3abf99f","block_type":"box","text":"e","page_number":1,"box":{"x":258,"y":787,"width":6,"height":6}},{"id":"7cfffd8f-3c43-46d3-8b94-c021e7bd8a22","block_type":"box","text":"I","page_number":1,"box":{"x":344,"y":786,"width":1,"height":7}},{"id":"e05074bd-3114-41bb-9c1f-12f7c6353708","block_type":"box","text":"n","page_number":1,"box":{"x":347,"y":787,"width":6,"height":6}},{"id":"87edd1fc-434b-4fb4-b8bf-c4d6f250b2dc","block_type":"box","text":"d","page_number":1,"box":{"x":354,"y":786,"width":6,"height":7}},{"id":"bef5261b-0b88-4bf9-b876-579a03de2cce","block_type":"box","text":"e","page_number":1,"box":{"x":362,"y":787,"width":6,"height":6}},{"id":"889e637c-3889-436c-be87-fef2088fae81","block_type":"box","text":"x","page_number":1,"box":{"x":369,"y":788,"width":6,"height":5}},{"id":"d26dbadd-48ee-41fe-a329-00cd525953d2","block_type":"box","text":"Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher","page_number":1,"box":{"x":61,"y":799,"width":859,"height":9}},{"id":"23b2a7a3-5b8f-448f-8f6b-b7dcec61aac4","block_type":"box","text":"than the performance data quoted. Investment return and principal value will fluctuate so that the investor's shares, when redeemed, may","page_number":1,"box":{"x":60,"y":811,"width":859,"height":10}},{"id":"869cd870-21aa-4f8b-976f-03c8a53c3038","block_type":"box","text":"be worth more or less than the original cost. All results assume the reinvestment of dividends and capital gains. Performance is shown net","page_number":1,"box":{"x":61,"y":824,"width":860,"height":10}},{"id":"2657a882-2270-46a2-aaa3-90a70ad39c1b","block_type":"box","text":"of any fees. Periods of less than one year are not annualized. Visit","page_number":1,"box":{"x":60,"y":836,"width":408,"height":10}},{"id":"5b24ba7b-68ee-4f87-9e78-f3594ca41d0e","block_type":"box","text":"statestreet.com/im","page_number":1,"box":{"x":472,"y":836,"width":119,"height":9}},{"id":"9fe48edb-4700-4075-8d1b-0e86cdd86684","block_type":"box","text":"for most recent month-end performance. Performance","page_number":1,"box":{"x":595,"y":837,"width":342,"height":9}},{"id":"7d820436-5bae-4ff2-bac4-54b60746961d","block_type":"box","text":"of an index is not illustrative of any particular investment. It is not possible to invest directly in an index. Index returns are unmanaged and do","page_number":1,"box":{"x":60,"y":849,"width":875,"height":10}},{"id":"602ccf69-a45a-4d19-a096-ae635a630344","block_type":"box","text":"not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends","page_number":1,"box":{"x":61,"y":862,"width":864,"height":10}},{"id":"fd073928-758d-4da8-ae45-27cf5931feb1","block_type":"box","text":"and other income as applicable.","page_number":1,"box":{"x":60,"y":874,"width":198,"height":10}},{"id":"3c5b6616-4167-46ce-8efa-76179c05d29f","block_type":"box","text":"State Street","page_number":1,"box":{"x":59,"y":49,"width":276,"height":41}},{"id":"8e4260f0-dead-4956-a7fb-5c00b4a4c2cc","block_type":"box","text":"®","page_number":1,"box":{"x":336,"y":49,"width":12,"height":9}},{"id":"66f521bd-13e7-4aa6-8e77-93e1e7ab0304","block_type":"box","text":"Energy Select","page_number":1,"box":{"x":349,"y":47,"width":341,"height":53}},{"id":"f2390ff3-f754-4d2a-a09e-d2e482175257","block_type":"box","text":"Sector SPDR","page_number":1,"box":{"x":59,"y":104,"width":278,"height":42}},{"id":"c8593fcd-3e7e-4890-a95b-47b5ac467531","block_type":"box","text":"®","page_number":1,"box":{"x":338,"y":105,"width":12,"height":9}},{"id":"7fdb5038-fca4-47a2-807a-5781b4007096","block_type":"box","text":"ETF","page_number":1,"box":{"x":351,"y":105,"width":87,"height":40}},{"id":"49c27411-d42e-45fb-9fa2-9a0778f420c5","block_type":"box","text":"XLE","page_number":1,"box":{"x":828,"y":56,"width":62,"height":32}},{"id":"34fb95a4-bc5f-488a-bd1b-9f1dfc34fc24","block_type":"box","text":"Fact Sheet","page_number":1,"box":{"x":819,"y":108,"width":66,"height":7}},{"id":"70c60b74-8705-4aa0-a4e0-e8685964006f","block_type":"box","text":"Equity","page_number":1,"box":{"x":819,"y":120,"width":37,"height":10}},{"id":"562abb83-09f8-4c51-aee3-c986001243db","block_type":"box","text":"As of 06/30/2026","page_number":1,"box":{"x":818,"y":135,"width":107,"height":9}},{"id":"d23d131b-915f-40df-bb7c-43ac11048f98","block_type":"box","text":"2","page_number":2,"box":{"x":934,"y":946,"width":6,"height":8}},{"id":"3408babe-4275-4d92-a315-a27d113fb53f","block_type":"box","text":"Top 10 Holdings","page_number":2,"box":{"x":60,"y":53,"width":100,"height":10}},{"id":"89d90a2a-76ef-4d32-8b54-1d5d3c566dce","block_type":"box","text":"‡","page_number":2,"box":{"x":161,"y":53,"width":3,"height":5}},{"id":"7aadb4c4-6bcb-46e1-95d4-d3a796d1c84f","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":411,"y":52,"width":68,"height":11}},{"id":"c1ac39bd-75bc-4621-ae07-548d74a7c521","block_type":"box","text":"EXXON MOBIL CORP","page_number":2,"box":{"x":61,"y":74,"width":125,"height":8}},{"id":"9c1389ca-6f8c-4b95-9614-43a8f9e718ab","block_type":"box","text":"20.27","page_number":2,"box":{"x":444,"y":74,"width":35,"height":8}},{"id":"85a53c61-7b06-4e82-9b2f-1d721a15d84c","block_type":"box","text":"CHEVRON CORP","page_number":2,"box":{"x":61,"y":96,"width":101,"height":7}},{"id":"baa70ce0-a4fc-4067-8c9f-0103ace613b9","block_type":"box","text":"14.39","page_number":2,"box":{"x":445,"y":96,"width":34,"height":7}},{"id":"2f73f3cf-c1c6-486a-a4c6-b0d000380aae","block_type":"box","text":"CONOCOPHILLIPS","page_number":2,"box":{"x":61,"y":117,"width":111,"height":7}},{"id":"e82d66a4-3743-45b5-ad49-68b01094b04f","block_type":"box","text":"5.87","page_number":2,"box":{"x":453,"y":117,"width":26,"height":7}},{"id":"33da0f96-45d5-4efe-8474-7c03c1fe6dfe","block_type":"box","text":"SLB LTD","page_number":2,"box":{"x":61,"y":138,"width":49,"height":8}},{"id":"f40226e9-c5d9-485f-b185-8d042b4116c0","block_type":"box","text":"4.53","page_number":2,"box":{"x":452,"y":138,"width":27,"height":8}},{"id":"04a7e24a-3b69-4ee6-a9aa-187754b6fe70","block_type":"box","text":"WILLIAMS COS INC","page_number":2,"box":{"x":60,"y":159,"width":118,"height":8}},{"id":"8a56553e-25f4-41db-a991-8f9ddefb1072","block_type":"box","text":"4.50","page_number":2,"box":{"x":452,"y":159,"width":27,"height":8}},{"id":"a4072543-0007-4c41-b312-1a6d46c5d93f","block_type":"box","text":"MARATHON PETROLEUM CORP","page_number":2,"box":{"x":61,"y":180,"width":193,"height":8}},{"id":"e1e7c6d6-b9d6-4a6f-9c01-bb4ddd71d0a7","block_type":"box","text":"4.46","page_number":2,"box":{"x":452,"y":180,"width":27,"height":8}},{"id":"eee4026d-76ec-4d78-a38c-2b47bab1c414","block_type":"box","text":"EOG RESOURCES INC","page_number":2,"box":{"x":61,"y":201,"width":132,"height":8}},{"id":"1999397e-ea66-48c0-aa04-55d8943ad283","block_type":"box","text":"4.45","page_number":2,"box":{"x":452,"y":201,"width":27,"height":8}},{"id":"52509455-5c1d-4daf-aa25-817da5e30dd7","block_type":"box","text":"VALERO ENERGY CORP","page_number":2,"box":{"x":60,"y":223,"width":143,"height":7}},{"id":"1ba92dcc-3fe5-448c-b2c1-7d5ac1788ca5","block_type":"box","text":"4.42","page_number":2,"box":{"x":452,"y":223,"width":27,"height":7}},{"id":"e24bfd0c-c739-4088-8d67-3bc41ba0a49a","block_type":"box","text":"PHILLIPS 66","page_number":2,"box":{"x":61,"y":244,"width":73,"height":7}},{"id":"37fe6c31-db32-4cb9-be7b-d5da27b292fd","block_type":"box","text":"4.39","page_number":2,"box":{"x":452,"y":244,"width":27,"height":7}},{"id":"d458fe42-c101-4202-8cdb-8ba4fccdd590","block_type":"box","text":"KINDER MORGAN INC","page_number":2,"box":{"x":61,"y":265,"width":132,"height":7}},{"id":"50229277-ba0a-4c92-b589-1fc4e3d129be","block_type":"box","text":"4.35","page_number":2,"box":{"x":452,"y":265,"width":27,"height":7}},{"id":"ed6cf96c-5e8a-4a0c-a916-6af146895b27","block_type":"box","text":"‡","page_number":2,"box":{"x":60,"y":284,"width":4,"height":6}},{"id":"ff17b914-a952-45b2-b03f-28f636f6c726","block_type":"box","text":"Subject to Change.","page_number":2,"box":{"x":65,"y":284,"width":114,"height":10}},{"id":"8058b95e-979c-4ea9-94dc-9dcf7ee8381f","block_type":"box","text":"Industry weights","page_number":2,"box":{"x":61,"y":317,"width":105,"height":10}},{"id":"1cee08de-5e2c-4ffa-a4e7-7a01f6f7fc76","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":411,"y":317,"width":68,"height":10}},{"id":"c2cc2dfb-54fa-44fd-bb5d-8f0a8fba9ff2","block_type":"box","text":"Oil, Gas & Consumable Fuels","page_number":2,"box":{"x":61,"y":339,"width":171,"height":10}},{"id":"df1489db-1b83-45e6-acd5-ddc67a0e2f26","block_type":"box","text":"89.65","page_number":2,"box":{"x":444,"y":339,"width":35,"height":8}},{"id":"35134ba3-18b6-49dd-a7d5-172e49f33c54","block_type":"box","text":"Energy Equipment & Services","page_number":2,"box":{"x":61,"y":360,"width":176,"height":10}},{"id":"967fcf92-05b0-4fb7-ba49-ad9f5ec5b93b","block_type":"box","text":"10.35","page_number":2,"box":{"x":445,"y":360,"width":34,"height":8}},{"id":"79072fb8-246c-4ff9-9e1f-f205d4008217","block_type":"box","text":"Totals may not equal 100 due to rounding.","page_number":2,"box":{"x":61,"y":380,"width":252,"height":10}},{"id":"5a359392-fbb6-419d-91ba-8552e4312d49","block_type":"box","text":"Characteristics/ Holdings/ Weights are subject to change, and should","page_number":2,"box":{"x":61,"y":392,"width":416,"height":10}},{"id":"a5721b83-3e90-498d-a26a-5e620e26b7e7","block_type":"box","text":"not be relied upon as current thereafter.","page_number":2,"box":{"x":61,"y":405,"width":239,"height":10}},{"id":"3504a5bf-8ddf-4df4-898d-f85f541e4913","block_type":"box","text":"Source: State Street Investment Management, 30th June 2026.","page_number":2,"box":{"x":61,"y":418,"width":381,"height":9}},{"id":"d21fddcd-04fc-4daa-a296-f3a9f971fedc","block_type":"box","text":"About This Benchmark","page_number":2,"box":{"x":516,"y":48,"width":250,"height":14}},{"id":"a70674c6-75b4-43fb-8371-a897aba6ec02","block_type":"box","text":"The companies included in each Select Sector Index are selected","page_number":2,"box":{"x":516,"y":78,"width":392,"height":10}},{"id":"7551094a-3436-4dc0-8af6-682e24ce1bdd","block_type":"box","text":"on the basis of general industry classification from a universe","page_number":2,"box":{"x":516,"y":91,"width":369,"height":10}},{"id":"4b115d67-995e-4ffc-b82f-253b40812616","block_type":"box","text":"of companies defined by the Standard & Poor’s 500 Composite","page_number":2,"box":{"x":516,"y":104,"width":378,"height":9}},{"id":"ce6b24b2-4ab5-45c5-a057-1c2a97519f69","block_type":"box","text":"Stock","page_number":2,"box":{"x":516,"y":117,"width":34,"height":7}},{"id":"8ff73a63-fdfd-4b71-8153-3d5504c712b0","block_type":"box","text":"®","page_number":2,"box":{"x":550,"y":116,"width":4,"height":4}},{"id":"cdd4512a-b1a2-42b9-8f31-550badaddb87","block_type":"box","text":"Index (“S&P 500","page_number":2,"box":{"x":559,"y":116,"width":97,"height":9}},{"id":"e9208226-58a5-40fe-bd97-4de81d7c58a3","block_type":"box","text":"®","page_number":2,"box":{"x":657,"y":116,"width":4,"height":4}},{"id":"3ac38fdc-4f91-4148-90ad-fe0a3547ed9d","block_type":"box","text":"”). The eleven Select Sector Indexes (each","page_number":2,"box":{"x":661,"y":116,"width":255,"height":9}},{"id":"5e1b60ba-3bfd-40f6-bb92-6796f0bc3ff3","block_type":"box","text":"a “Select Sector Index”) upon which the Select Sector SPDR Funds","page_number":2,"box":{"x":516,"y":129,"width":401,"height":10}},{"id":"640085c9-64f7-4878-af34-474842906db2","block_type":"box","text":"are based together comprise all of the companies in the S&P 500.","page_number":2,"box":{"x":516,"y":142,"width":395,"height":9}},{"id":"2bd925f3-e7b6-4cc3-b582-3bf72523a402","block_type":"box","text":"The Energy Sector Index seeks to provide an effective representation","page_number":2,"box":{"x":516,"y":154,"width":417,"height":10}},{"id":"31a2bafc-d482-404d-be80-a91395d79cd2","block_type":"box","text":"of the energy sector of the S&P 500 Index. The Index includes","page_number":2,"box":{"x":516,"y":167,"width":374,"height":10}},{"id":"7cd2dee0-52ce-435c-ac67-0232d3ab3fe3","block_type":"box","text":"companies from the following industries: oil, gas and consumable","page_number":2,"box":{"x":516,"y":179,"width":392,"height":10}},{"id":"142644aa-3ea7-447d-9724-740aa5116e61","block_type":"box","text":"fuels; and energy equipment and services.","page_number":2,"box":{"x":515,"y":192,"width":256,"height":10}},{"id":"d8ade0e4-e302-4ecc-8ced-e74a39adde01","block_type":"box","text":"Learn more about","page_number":2,"box":{"x":536,"y":246,"width":136,"height":9}},{"id":"d97fc0c9-24be-40d6-92c6-8fbaf68a9358","block_type":"box","text":"State Street","page_number":2,"box":{"x":535,"y":261,"width":93,"height":9}},{"id":"d2f9b46b-60c0-4dd7-86bf-1bce152859c1","block_type":"box","text":"®","page_number":2,"box":{"x":629,"y":260,"width":5,"height":5}},{"id":"8bdb6a34-eddc-4019-ad1a-433ef2d147be","block_type":"box","text":"Energy Select","page_number":2,"box":{"x":634,"y":261,"width":116,"height":12}},{"id":"d76afcd7-e18c-4df9-b0b7-81a802e9606a","block_type":"box","text":"Sector SPDR","page_number":2,"box":{"x":535,"y":276,"width":98,"height":9}},{"id":"76027259-db4d-4b1d-9ed9-14937492098d","block_type":"box","text":"®","page_number":2,"box":{"x":634,"y":276,"width":5,"height":4}},{"id":"76359872-a4cb-4d7b-a33a-2905982f3ecb","block_type":"box","text":"ETF (XLE)","page_number":2,"box":{"x":640,"y":275,"width":79,"height":11}},{"id":"0549e21e-40fe-4fb7-a439-0c125934019f","block_type":"box","text":"statestreet.com/im","page_number":2,"box":{"x":61,"y":468,"width":209,"height":15}},{"id":"9cfd4512-ec62-4ef8-8154-7ac8f1025773","block_type":"box","text":"Information Classification: General","page_number":2,"box":{"x":61,"y":504,"width":172,"height":8}},{"id":"e75701cf-2753-4fdf-8e8a-de7ffdb9ae00","block_type":"box","text":"State Street Global Advisors (SSGA) is now State Street Investment Management.","page_number":2,"box":{"x":60,"y":521,"width":408,"height":10}},{"id":"e6a01199-746e-4045-b29d-004564c7da12","block_type":"box","text":"Please go to statestreet.com/investment-management for more information.","page_number":2,"box":{"x":61,"y":534,"width":382,"height":10}},{"id":"5cf4f1d8-12d2-4b57-966c-1e31c10fd6ef","block_type":"box","text":"State Street Investment Management","page_number":2,"box":{"x":60,"y":552,"width":187,"height":10}},{"id":"d1d128bf-b2c3-4ce7-814f-8fd26e2fd371","block_type":"box","text":", One Congress Street, Boston MA 02114, T: +1","page_number":2,"box":{"x":248,"y":552,"width":224,"height":10}},{"id":"ea44587c-4c76-4940-bf4e-3a075bda0fa1","block_type":"box","text":"866 787 2257","page_number":2,"box":{"x":61,"y":565,"width":66,"height":7}},{"id":"69415d91-891c-4824-a0ce-a5bdf6e80776","block_type":"box","text":"Glossary","page_number":2,"box":{"x":60,"y":593,"width":45,"height":9}},{"id":"69cb45db-6b26-4af2-994c-cb23708b0ead","block_type":"box","text":"NAV","page_number":2,"box":{"x":61,"y":610,"width":21,"height":8}},{"id":"167261fb-8b5e-40bd-afe1-2c5d9f9fab16","block_type":"box","text":"The market value of a mutual fund's or ETFs total assets, minus liabilities, divided","page_number":2,"box":{"x":88,"y":610,"width":390,"height":9}},{"id":"4198bb6b-5da1-41ae-9a7e-cf35db1d0b26","block_type":"box","text":"by the number of shares outstanding.","page_number":2,"box":{"x":61,"y":623,"width":180,"height":9}},{"id":"414a00d8-8fec-405e-bff4-89c71329364a","block_type":"box","text":"Market Value","page_number":2,"box":{"x":61,"y":641,"width":65,"height":7}},{"id":"5ba48a05-5ccf-4691-aebd-acf4da3ed943","block_type":"box","text":"Determined by the midpoint between the bid/offer prices as of the","page_number":2,"box":{"x":132,"y":640,"width":320,"height":10}},{"id":"cb6b3367-3233-4fad-baf0-5772b689521a","block_type":"box","text":"closing time of the New York Stock Exchange (typically 4:00PM EST) on business days.","page_number":2,"box":{"x":60,"y":652,"width":421,"height":11}},{"id":"469bc5dd-7823-4d4c-8bb9-050f81bfbf62","block_type":"box","text":"Gross Expense Ratio","page_number":2,"box":{"x":60,"y":671,"width":103,"height":9}},{"id":"f9f54139-a456-40f6-8a59-bafe18c346e5","block_type":"box","text":"The fund's total annual operating expense ratio. It is gross of any","page_number":2,"box":{"x":169,"y":670,"width":312,"height":10}},{"id":"50e6f996-879f-4ad0-a12f-167c7389ec07","block_type":"box","text":"fee waivers or expense reimbursements. It can be found in the fund's most recent","page_number":2,"box":{"x":60,"y":683,"width":394,"height":10}},{"id":"d365ecfc-213d-4e37-9a8c-23c34ba0e210","block_type":"box","text":"prospectus.","page_number":2,"box":{"x":61,"y":697,"width":55,"height":9}},{"id":"0f5f1fef-7911-416e-9cd2-ce2edb93c1b0","block_type":"box","text":"30 Day SEC Yield","page_number":2,"box":{"x":61,"y":713,"width":85,"height":10}},{"id":"398b1591-15e9-42c6-93c2-718def8fe0d3","block_type":"box","text":"(Also known as Standardized Yield) An annualized yield that is","page_number":2,"box":{"x":153,"y":713,"width":298,"height":10}},{"id":"9a8ac126-3e47-405f-8f67-69747510f48b","block_type":"box","text":"calculated by dividing the net investment income earned by the fund over the most","page_number":2,"box":{"x":60,"y":726,"width":401,"height":10}},{"id":"13ddeae5-7634-431b-affa-cb933d5b3b8f","block_type":"box","text":"recent 30-day period by the current maximum offering price.","page_number":2,"box":{"x":61,"y":739,"width":292,"height":10}},{"id":"c3e78947-5e50-4911-8ca1-5d2e3b7451bf","block_type":"box","text":"Est. 3-5 Year EPS Growth","page_number":2,"box":{"x":61,"y":757,"width":124,"height":7}},{"id":"a2928077-b912-44d8-a315-fb118378f017","block_type":"box","text":"Based on the underlying holdings of the fund. The actual","page_number":2,"box":{"x":192,"y":756,"width":272,"height":10}},{"id":"6250bd14-b07e-4b66-98a5-eceaddbdbce3","block_type":"box","text":"earnings estimates for the underlying holdings are provided by FactSet, First Call,","page_number":2,"box":{"x":60,"y":769,"width":393,"height":10}},{"id":"9b90ad28-3b96-4c45-80ee-429820ae0edf","block_type":"box","text":"I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth","page_number":2,"box":{"x":61,"y":782,"width":418,"height":10}},{"id":"bf440518-a3e7-4b2a-8d8b-7e60ae566abc","block_type":"box","text":"rate estimate.","page_number":2,"box":{"x":61,"y":794,"width":65,"height":8}},{"id":"bd26fa61-0d87-4b12-8711-1262cdc9096e","block_type":"box","text":"Index Dividend Yield","page_number":2,"box":{"x":61,"y":812,"width":101,"height":8}},{"id":"46e843d0-de77-47df-893c-1f0fd8b8cf64","block_type":"box","text":"The weighted average of the underlyings' indicated annual","page_number":2,"box":{"x":168,"y":812,"width":282,"height":10}},{"id":"3932805c-d26a-4a35-87fe-c603f1067741","block_type":"box","text":"dividend divided by price, expressed as a percentage.","page_number":2,"box":{"x":60,"y":825,"width":261,"height":9}},{"id":"244adf8e-9dd5-4ae8-99ce-22864a5c6181","block_type":"box","text":"Price/Earnings Ratio FY1","page_number":2,"box":{"x":61,"y":842,"width":121,"height":10}},{"id":"0d74d8bd-b06d-44db-bfc6-83e3f07a418d","block_type":"box","text":"The weighted harmonic average of current share price","page_number":2,"box":{"x":188,"y":842,"width":262,"height":10}},{"id":"c819cee3-a278-42db-a426-f4bf04e01783","block_type":"box","text":"divided by the forecasted one year earnings per share for each security in the fund.","page_number":2,"box":{"x":60,"y":855,"width":403,"height":10}},{"id":"1b8b60b7-a84c-46d9-a9de-b4b31c93d599","block_type":"box","text":"Negative and positive outliers are included in the calculation.","page_number":2,"box":{"x":61,"y":868,"width":292,"height":9}},{"id":"cf78821c-7310-40ff-abda-6dd717bed37c","block_type":"box","text":"Price/Book Ratio","page_number":2,"box":{"x":516,"y":504,"width":82,"height":9}},{"id":"e3e8ea47-5a46-40ee-b5ab-74b646bf6635","block_type":"box","text":"The weighted harmonic average of closing market price divided by","page_number":2,"box":{"x":604,"y":504,"width":321,"height":10}},{"id":"03979656-263b-433d-8314-33046a0a4f21","block_type":"box","text":"the most recent reported book value for each security in the fund's portfolio as","page_number":2,"box":{"x":515,"y":516,"width":381,"height":10}},{"id":"c22ccfe4-0d0b-4344-9318-428cafaf657d","block_type":"box","text":"calculated for the last twelve months.","page_number":2,"box":{"x":516,"y":529,"width":180,"height":8}},{"id":"eb88f194-34b9-4531-b70b-f72e7b985666","block_type":"box","text":"Important Risk Information","page_number":2,"box":{"x":516,"y":557,"width":132,"height":10}},{"id":"c94e27e5-1774-4149-873d-7e357ddd377c","block_type":"box","text":"Weights are as of the date indicated, are subject to change, and should not be relied","page_number":2,"box":{"x":515,"y":575,"width":407,"height":9}},{"id":"905f02b2-7275-4c05-ae84-b5d09026293a","block_type":"box","text":"upon as current thereafter.","page_number":2,"box":{"x":516,"y":587,"width":128,"height":10}},{"id":"1e126196-238a-49d7-9afb-fd16d3fd94f2","block_type":"box","text":"Investing involves risk including the risk of loss of principal.","page_number":2,"box":{"x":516,"y":605,"width":283,"height":10}},{"id":"e419d5b0-5f8a-41c9-a673-bd5b68c29def","block_type":"box","text":"The information provided does not constitute investment advice and it should not be","page_number":2,"box":{"x":516,"y":623,"width":407,"height":9}},{"id":"5096d001-8148-4791-bcef-f7df714d5bb5","block_type":"box","text":"relied on as such. It should not be considered a solicitation to buy or an offer to sell a","page_number":2,"box":{"x":516,"y":635,"width":408,"height":10}},{"id":"738a96bf-4c5e-4982-8d66-93c5ddbd9eb6","block_type":"box","text":"security. It does not take into account any investor's particular investment objectives,","page_number":2,"box":{"x":516,"y":648,"width":410,"height":10}},{"id":"17598883-8383-400a-88ba-d52320eb8e37","block_type":"box","text":"strategies, tax status or investment horizon. You should consult your tax and financial","page_number":2,"box":{"x":516,"y":660,"width":411,"height":10}},{"id":"f4921fa1-c444-41e9-adfb-83eef667b40c","block_type":"box","text":"advisor.","page_number":2,"box":{"x":516,"y":673,"width":36,"height":8}},{"id":"3fe19a62-6e2e-4450-8569-cf3ddf05898e","block_type":"box","text":"The whole or any part of this work may not be reproduced, copied or transmitted or any","page_number":2,"box":{"x":516,"y":691,"width":423,"height":10}},{"id":"145c0ce6-c9d4-4578-bbbc-7e6fab9cc8e1","block_type":"box","text":"of its contents disclosed to third parties without SSGA's express written consent.","page_number":2,"box":{"x":516,"y":703,"width":389,"height":10}},{"id":"bb3b402a-4f55-4e04-ac58-61ae6d4299dd","block_type":"box","text":"This communication is not intended to be an investment recommendation or investment","page_number":2,"box":{"x":516,"y":721,"width":423,"height":8}},{"id":"355953f1-5115-462a-a783-75ce8ca69504","block_type":"box","text":"advice and should not be relied upon as such.","page_number":2,"box":{"x":516,"y":734,"width":220,"height":9}},{"id":"3a574bd4-ae88-4105-8d34-63a95df43efe","block_type":"box","text":"Market Risk:","page_number":2,"box":{"x":516,"y":751,"width":60,"height":8}},{"id":"c6e031de-f0e4-4480-8491-951b58eac46a","block_type":"box","text":"The Fund's investments are subject to changes in general economic","page_number":2,"box":{"x":580,"y":751,"width":328,"height":10}},{"id":"272f9d13-d368-4c01-8143-eec5073ecf8d","block_type":"box","text":"conditions, general market fluctuations, and the risks inherent in investment in","page_number":2,"box":{"x":516,"y":764,"width":376,"height":10}},{"id":"d82f13f1-e6bb-4f24-9c86-7ea5e23d657e","block_type":"box","text":"securities markets. Investment markets can be volatile, and prices of investments can","page_number":2,"box":{"x":516,"y":777,"width":411,"height":9}},{"id":"a62fb654-0aae-4829-b995-09fb2f92b7c2","block_type":"box","text":"change substantially due to various factors, including, but not limited to, economic","page_number":2,"box":{"x":516,"y":789,"width":397,"height":10}},{"id":"e741c72f-a319-455c-ba80-92532a0fc1e7","block_type":"box","text":"growth or recession, changes in interest rates, inflation, changes in the actual or","page_number":2,"box":{"x":516,"y":802,"width":386,"height":10}},{"id":"b7c0f66d-ab51-4115-8422-148fa93be82a","block_type":"box","text":"perceived creditworthiness of issuers, and general market liquidity. The Fund is subject","page_number":2,"box":{"x":516,"y":815,"width":420,"height":9}},{"id":"c9862612-5479-49cc-adb4-500f1575af3d","block_type":"box","text":"to the risk that geopolitical events will disrupt securities markets and adversely affect","page_number":2,"box":{"x":515,"y":827,"width":412,"height":10}},{"id":"bcc8773b-5238-419f-a3c0-d96b907ed23b","block_type":"box","text":"global economies and markets. Local, regional, or global events such as war, military","page_number":2,"box":{"x":516,"y":840,"width":406,"height":10}},{"id":"66dbdc4f-bf39-4f27-97af-aac592e30157","block_type":"box","text":"conflicts, acts of terrorism, trade policy changes or disputes, the threat or actual","page_number":2,"box":{"x":516,"y":852,"width":387,"height":10}},{"id":"cebfb262-c3d9-4648-81a6-dd4520b380dc","block_type":"box","text":"imposition of tariffs, natural disasters, the spread of infectious illness or other public","page_number":2,"box":{"x":516,"y":865,"width":404,"height":10}},{"id":"fda3d0d5-d435-4a30-8ace-1ff95a26a003","block_type":"box","text":"State Street","page_number":2,"box":{"x":362,"y":945,"width":74,"height":8}},{"id":"34429f61-e32a-4ba9-b7dd-8e2c59dcc68f","block_type":"box","text":"®","page_number":2,"box":{"x":437,"y":945,"width":4,"height":3}},{"id":"39218fdb-d9d6-4741-9881-b78f97d42c73","block_type":"box","text":"Energy Select Sector SPDR","page_number":2,"box":{"x":445,"y":945,"width":168,"height":10}},{"id":"3e947781-38af-4772-b8a8-7e302c7e8a3c","block_type":"box","text":"®","page_number":2,"box":{"x":613,"y":945,"width":5,"height":3}},{"id":"a9a54fa7-c9d4-49be-9d56-224ebe371b63","block_type":"box","text":"ETF","page_number":2,"box":{"x":622,"y":945,"width":22,"height":8}},{"id":"048fe106-6029-461c-9979-294f7fd45e6c","block_type":"box","text":"State Street","page_number":3,"box":{"x":362,"y":947,"width":74,"height":7}},{"id":"7a26a326-36fb-469c-ad7b-d7390fb2d7ba","block_type":"box","text":"®","page_number":3,"box":{"x":437,"y":946,"width":4,"height":4}},{"id":"f7f2954c-564d-46dd-8b69-95ff5a6da2f2","block_type":"box","text":"Energy Select Sector SPDR","page_number":3,"box":{"x":445,"y":947,"width":168,"height":9}},{"id":"0725c57d-b9af-4e9a-9ceb-dcdce959e740","block_type":"box","text":"®","page_number":3,"box":{"x":613,"y":946,"width":5,"height":4}},{"id":"a4b71978-2e24-4798-9c24-bebd75332f60","block_type":"box","text":"ETF","page_number":3,"box":{"x":622,"y":947,"width":22,"height":7}},{"id":"7da1f657-960b-482e-bc61-14808d55c0ab","block_type":"box","text":"3","page_number":3,"box":{"x":933,"y":946,"width":7,"height":8}},{"id":"c342b7f6-11e3-4e2a-a4df-7db57cc571ba","block_type":"box","text":"health issues, or other events could have a significant impact on the Fund and its","page_number":3,"box":{"x":59,"y":47,"width":390,"height":10}},{"id":"254c286d-fee7-40ea-aed6-c85aae2cd049","block_type":"box","text":"investments.","page_number":3,"box":{"x":59,"y":60,"width":60,"height":7}},{"id":"ffdbe966-cac5-4d4f-83f5-a9027198988b","block_type":"box","text":"All ETFs are subject to risk, including possible loss of principal.","page_number":3,"box":{"x":59,"y":77,"width":300,"height":10}},{"id":"513ec0ae-2718-40ec-9c8e-291debf1d674","block_type":"box","text":"Sector ETF products","page_number":3,"box":{"x":363,"y":78,"width":102,"height":9}},{"id":"907c8b26-207d-49b9-a462-9484a2d93901","block_type":"box","text":"are","page_number":3,"box":{"x":468,"y":79,"width":15,"height":6}},{"id":"c23233e1-eea1-423b-85b5-af2f73bada51","block_type":"box","text":"also subject to sector risk and non-diversification risk, which generally result in greater","page_number":3,"box":{"x":59,"y":90,"width":418,"height":10}},{"id":"aaa7f449-fc45-48b1-9eda-64499fd0c180","block_type":"box","text":"price fluctuations than the overall market.","page_number":3,"box":{"x":59,"y":103,"width":199,"height":9}},{"id":"fc391fbd-e961-4f76-8e4c-62406da00953","block_type":"box","text":"Select Sector SPDR Funds","page_number":3,"box":{"x":59,"y":121,"width":130,"height":7}},{"id":"663c915c-14a3-4632-af03-0ef659e8f0e9","block_type":"box","text":"bear a higher level of risk than more broadly diversified","page_number":3,"box":{"x":193,"y":120,"width":264,"height":10}},{"id":"fac4de90-fc19-4b94-9775-fe1af5b77441","block_type":"box","text":"funds.","page_number":3,"box":{"x":59,"y":133,"width":29,"height":8}},{"id":"a16896d3-1533-45e4-89b2-32acd5ca558d","block_type":"box","text":"Non-diversified funds","page_number":3,"box":{"x":59,"y":151,"width":109,"height":7}},{"id":"7e2aa05b-1bd8-4aa7-b63f-7dbbd621d04d","block_type":"box","text":"that focus on a relatively small number of securities tend to be","page_number":3,"box":{"x":171,"y":151,"width":301,"height":9}},{"id":"908b705c-e8d8-4a51-afc1-0fdb346622e4","block_type":"box","text":"more volatile than diversified funds and the market as a whole.","page_number":3,"box":{"x":59,"y":163,"width":302,"height":8}},{"id":"d297d037-9b2d-42ec-a807-9612f0a56fe7","block_type":"box","text":"Passively managed funds","page_number":3,"box":{"x":59,"y":181,"width":127,"height":10}},{"id":"a7ef1c4a-3b2a-4b24-a65e-e5989a7287c7","block_type":"box","text":"invest by sampling the index, holding a range of securities","page_number":3,"box":{"x":190,"y":181,"width":279,"height":10}},{"id":"b307644f-67f4-4766-bed1-66488f869568","block_type":"box","text":"that, in the aggregate, approximates the full Index in terms of key risk factors and other","page_number":3,"box":{"x":59,"y":194,"width":421,"height":9}},{"id":"99646ca2-ef33-4e2b-b2bb-7833ba30e96a","block_type":"box","text":"characteristics. This may cause the fund to experience tracking errors relative to","page_number":3,"box":{"x":59,"y":206,"width":388,"height":10}},{"id":"71c28f05-0309-4e68-9b5e-04f7ce700f7b","block_type":"box","text":"performance of the index.","page_number":3,"box":{"x":59,"y":219,"width":124,"height":10}},{"id":"fab7d050-3e01-4dcf-a413-8ceacbc6467b","block_type":"box","text":"Equity securities","page_number":3,"box":{"x":59,"y":236,"width":83,"height":10}},{"id":"6a1db100-4a49-493b-a8e0-77eb9435c815","block_type":"box","text":"may fluctuate in value and can decline significantly in response to the","page_number":3,"box":{"x":146,"y":236,"width":334,"height":10}},{"id":"840e2f4a-0d8b-4df4-9a95-aa8b27dbd938","block_type":"box","text":"activities of individual companies and general market and economic conditions.","page_number":3,"box":{"x":59,"y":249,"width":382,"height":10}},{"id":"1a03f180-e59d-4101-bc01-fc40243a91b0","block_type":"box","text":"While the shares of ETFs are tradable on secondary markets, they may not readily trade","page_number":3,"box":{"x":59,"y":267,"width":423,"height":9}},{"id":"cb618412-e7df-49d5-bc68-9ae907b423df","block_type":"box","text":"in all market conditions and may trade at significant discounts in periods of","page_number":3,"box":{"x":59,"y":279,"width":361,"height":10}},{"id":"d47ab567-8333-4349-8629-a3b1d6c60a3e","block_type":"box","text":"market","page_number":3,"box":{"x":423,"y":280,"width":35,"height":7}},{"id":"a9e584a2-a983-4c5b-a27f-4d67826b5c3d","block_type":"box","text":"stress","page_number":3,"box":{"x":59,"y":293,"width":30,"height":7}},{"id":"0c74efd5-ac5a-455a-8eac-ddbde417f806","block_type":"box","text":".","page_number":3,"box":{"x":90,"y":298,"width":2,"height":2}},{"id":"62b1b42c-6f99-48a5-aec7-27046f2761ba","block_type":"box","text":"ETFs","page_number":3,"box":{"x":59,"y":310,"width":24,"height":7}},{"id":"7c19bd76-db8a-43f5-8ca8-46dac48c4874","block_type":"box","text":"trade like stocks, are subject to investment risk, fluctuate in market value and may","page_number":3,"box":{"x":86,"y":310,"width":396,"height":9}},{"id":"013df5af-1e9e-491f-a059-1a3fe7558371","block_type":"box","text":"trade at prices above or below the ETFs net asset value. Brokerage commissions and","page_number":3,"box":{"x":59,"y":322,"width":410,"height":10}},{"id":"d9b20bd8-eef2-4197-aeef-5dc0ff5d4fd0","block_type":"box","text":"ETF expenses will reduce returns.","page_number":3,"box":{"x":59,"y":335,"width":162,"height":10}},{"id":"f29e101f-eb0e-4eef-9adb-1a4684336ab1","block_type":"box","text":"Intellectual Property Information:","page_number":3,"box":{"x":59,"y":353,"width":165,"height":9}},{"id":"a291022b-3963-4c8c-a0e1-547c1758d411","block_type":"box","text":"The S&P 500","page_number":3,"box":{"x":227,"y":353,"width":62,"height":7}},{"id":"ee175124-943a-42c8-a9ce-9343294d6ab3","block_type":"box","text":"®","page_number":3,"box":{"x":290,"y":353,"width":3,"height":3}},{"id":"218ae468-cb52-40c8-bb13-3eb5aebfd8a9","block_type":"box","text":"Index is a product of S&P Dow Jones","page_number":3,"box":{"x":297,"y":352,"width":177,"height":10}},{"id":"102ed568-8866-49a5-87a0-d53acdd394ac","block_type":"box","text":"Indices LLC or its affiliates (\"S&P DJI\") and have been licensed for use by State Street","page_number":3,"box":{"x":59,"y":365,"width":412,"height":10}},{"id":"8bcee492-4e40-4ff5-b9b5-89dc001b6343","block_type":"box","text":"Global Advisors.","page_number":3,"box":{"x":59,"y":378,"width":77,"height":8}},{"id":"58bc8c90-b699-470e-8890-15d93cda53be","block_type":"box","text":"S&P","page_number":3,"box":{"x":143,"y":378,"width":19,"height":8}},{"id":"72f62566-47cb-42c1-9633-ab80fbda103e","block_type":"box","text":"®","page_number":3,"box":{"x":162,"y":378,"width":4,"height":3}},{"id":"0b0e1126-4fb4-4714-a902-33f0639ba2c6","block_type":"box","text":", SPDR","page_number":3,"box":{"x":167,"y":378,"width":32,"height":9}},{"id":"298bb984-ec56-4dc0-89fa-cbbdeced8594","block_type":"box","text":"®","page_number":3,"box":{"x":199,"y":378,"width":4,"height":3}},{"id":"0652bbf0-ed53-4368-bb6f-59351000aab2","block_type":"box","text":", S&P 500","page_number":3,"box":{"x":204,"y":378,"width":46,"height":9}},{"id":"347a3d94-f5c8-4db7-8d68-77895686a4ab","block_type":"box","text":"®","page_number":3,"box":{"x":251,"y":378,"width":3,"height":3}},{"id":"1bcdc1b1-a5cd-4fc5-8644-b76c34945cc6","block_type":"box","text":",US 500 and the 500 are trademarks of","page_number":3,"box":{"x":255,"y":378,"width":189,"height":9}},{"id":"f83b9793-78bd-4ba0-87aa-7016b895101e","block_type":"box","text":"Standard & Poor's Financial Services LLC (\"S&P\"); Dow Jones","page_number":3,"box":{"x":59,"y":390,"width":294,"height":10}},{"id":"5de59883-06f9-4dab-a2d9-9908933ddbd2","block_type":"box","text":"®","page_number":3,"box":{"x":354,"y":390,"width":4,"height":4}},{"id":"69d261ff-ed0a-4f30-a0fa-4b637a445c7d","block_type":"box","text":"is a registered trademark","page_number":3,"box":{"x":361,"y":391,"width":121,"height":9}},{"id":"c0167c45-d2cb-4bbc-a7c2-5a9ae09a05e0","block_type":"box","text":"of Dow Jones Trademark Holdings LLC (\"Dow Jones\") and has been licensed for use by","page_number":3,"box":{"x":59,"y":402,"width":422,"height":11}},{"id":"db39f02e-6ef3-402a-97d6-e50c46cc246a","block_type":"box","text":"S&P Dow Jones Indices; and these trademarks have been licensed for use by S&P DJI","page_number":3,"box":{"x":59,"y":416,"width":412,"height":9}},{"id":"4f3ce903-37a4-41e9-85cf-51c0aca7dcf1","block_type":"box","text":"and sublicensed for certain purposes by State Street Global Advisors. The fund is not","page_number":3,"box":{"x":59,"y":428,"width":411,"height":10}},{"id":"054e06ad-3c2b-4dc5-8a79-7825fd43fa9e","block_type":"box","text":"sponsored, endorsed, sold or promoted by S&P DJI, Dow Jones, S&P, their respective","page_number":3,"box":{"x":59,"y":441,"width":412,"height":10}},{"id":"d81addd3-f625-4873-b863-e514a9ede7d2","block_type":"box","text":"affiliates, and none of such parties make any representation regarding the advisability","page_number":3,"box":{"x":59,"y":454,"width":414,"height":9}},{"id":"ceb9fce9-acec-403b-ad74-87e7112c0261","block_type":"box","text":"of investing in such product(s) nor do they have any liability for any errors, omissions, or","page_number":3,"box":{"x":59,"y":466,"width":424,"height":10}},{"id":"ae519d4b-04e9-4bcb-9e97-20d37d0ccce5","block_type":"box","text":"interruptions of these indices.","page_number":3,"box":{"x":59,"y":479,"width":143,"height":10}},{"id":"4a395879-9b0d-472c-80d8-19e6f0d09497","block_type":"box","text":"The S&P 500 Index is an unmanaged index of 500 common stocks that is generally","page_number":3,"box":{"x":59,"y":497,"width":400,"height":9}},{"id":"9844192e-6472-47f2-90d1-e1af016b3120","block_type":"box","text":"considered representative of the U.S. stock market. The index is heavily weighted","page_number":3,"box":{"x":59,"y":509,"width":393,"height":10}},{"id":"8b5099d4-d44e-4a9f-b1ab-40acddaeaae5","block_type":"box","text":"towards stocks with large market capitalizations and represents approximately","page_number":3,"box":{"x":59,"y":522,"width":379,"height":10}},{"id":"2859df32-2d8a-42e4-a627-4835d1bb986c","block_type":"box","text":"two-thirds of the total market value of all domestic common stocks. The S&P 500 Index","page_number":3,"box":{"x":59,"y":534,"width":421,"height":8}},{"id":"d6e7b6df-5b5b-4510-8962-415968f4ba11","block_type":"box","text":"figures do not reflect any fees, expenses or taxes.","page_number":3,"box":{"x":59,"y":547,"width":240,"height":10}},{"id":"ce63895b-fe7a-41bf-840d-3f2d147eb73a","block_type":"box","text":"Distributor","page_number":3,"box":{"x":59,"y":565,"width":53,"height":8}},{"id":"236575aa-8259-4067-ad78-d4cdbb7cf8c1","block_type":"box","text":"State Street Global Advisors Funds Distributors, LLC, member","page_number":3,"box":{"x":118,"y":565,"width":298,"height":9}},{"id":"93003f15-187e-4c9c-a1ce-04dd263892ab","block_type":"box","text":"FINRA","page_number":3,"box":{"x":419,"y":565,"width":30,"height":7}},{"id":"800d8aeb-875b-43c1-bb8f-64c43490c8c1","block_type":"box","text":",","page_number":3,"box":{"x":450,"y":571,"width":2,"height":3}},{"id":"6a06e7ac-9629-46ca-8644-623a9d35c2c9","block_type":"box","text":"SIPC","page_number":3,"box":{"x":456,"y":565,"width":23,"height":8}},{"id":"c517e558-fecf-4c07-8ee5-f2848169727f","block_type":"box","text":",","page_number":3,"box":{"x":480,"y":571,"width":1,"height":3}},{"id":"fbf7c2fc-e8cf-403c-b32d-c28e3dd54653","block_type":"box","text":"an indirect wholly owned subsidiary of State Street Corporation. References to State","page_number":3,"box":{"x":59,"y":577,"width":407,"height":10}},{"id":"1c2420d2-7feb-4d37-ba8f-87c0c13e8714","block_type":"box","text":"Street may include State Street Corporation and its affiliates. Certain State Street","page_number":3,"box":{"x":59,"y":590,"width":392,"height":10}},{"id":"e1d572f2-10a3-41e5-96f9-ffb355988c9f","block_type":"box","text":"affiliates provide services and receive fees from the SPDR ETFs.","page_number":3,"box":{"x":59,"y":603,"width":308,"height":9}},{"id":"4b6bb8ac-6c6e-421d-b8d8-8222b117d7f5","block_type":"box","text":"Before investing in a fund, consider its investment objectives, risks,","page_number":3,"box":{"x":58,"y":621,"width":424,"height":12}},{"id":"8f4820f7-57e3-44b5-829c-e9e53aa025af","block_type":"box","text":"charges, and expenses. A prospectus (and/or summary","page_number":3,"box":{"x":59,"y":636,"width":350,"height":12}},{"id":"414f7c21-2f62-43c1-b910-69b46d188ea6","block_type":"box","text":"prospectus) containing this and other information is available at","page_number":3,"box":{"x":59,"y":651,"width":402,"height":13}},{"id":"af13cbb0-7894-44cd-847f-e2b45a191d0e","block_type":"box","text":"statestreet.com/im","page_number":3,"box":{"x":59,"y":666,"width":120,"height":11}},{"id":"906ef8da-124b-4b3e-beb4-001f2e3b6370","block_type":"box","text":"or by calling 1-866-787-2257 . Read it carefully.","page_number":3,"box":{"x":179,"y":666,"width":295,"height":13}},{"id":"7cf26c52-6373-4df0-a116-294d2e54dd8b","block_type":"box","text":"Marketing Communication:","page_number":3,"box":{"x":59,"y":686,"width":135,"height":10}},{"id":"d21635ee-2fcc-44ce-94fd-db619b0ac609","block_type":"box","text":"For Professional Client/Qualified Investor Use Only in the Switzerland,","page_number":3,"box":{"x":59,"y":704,"width":347,"height":9}},{"id":"5161572c-4a24-4fd8-a668-a02cd2c3026c","block_type":"box","text":"Netherlands,","page_number":3,"box":{"x":410,"y":704,"width":64,"height":9}},{"id":"767dff26-424c-421c-a9c0-ca3749036f6a","block_type":"box","text":"Sweden and","page_number":3,"box":{"x":59,"y":716,"width":61,"height":8}},{"id":"615da8f8-9c30-4ab7-8bab-b29ee849dc2a","block_type":"box","text":"United Kingdom.","page_number":3,"box":{"x":123,"y":716,"width":83,"height":10}},{"id":"2bb28cc2-0efd-4da0-9314-f57e0a062e57","block_type":"box","text":"Not for public distribution.","page_number":3,"box":{"x":209,"y":716,"width":130,"height":10}},{"id":"a7d22387-94eb-4e9a-afed-7d4caa038fbc","block_type":"box","text":"This document has been issued by State Street Global Advisors Limited (\"SSGA\").","page_number":3,"box":{"x":59,"y":734,"width":393,"height":10}},{"id":"3307c503-3f61-408e-bf71-7e18c953ca29","block_type":"box","text":"Authorised and regulated by the Financial Conduct Authority. Registered No. 2509928.","page_number":3,"box":{"x":59,"y":747,"width":418,"height":9}},{"id":"999a73a2-9236-4677-9b89-706254c3f63e","block_type":"box","text":"VAT No. 5776591 81. Registered office: 20 Churchill Place, Canary Wharf, London, E14","page_number":3,"box":{"x":59,"y":759,"width":414,"height":10}},{"id":"03afde8b-7252-4483-b9eb-77242c2dd01e","block_type":"box","text":"5HJ. Telephone: 020 3395 6000. Facsimile: 020 3395 6350 Web: www.statestreet.","page_number":3,"box":{"x":59,"y":772,"width":401,"height":10}},{"id":"dc6abeaa-8b53-433e-9d0e-79b6610d32a3","block_type":"box","text":"com/im.","page_number":3,"box":{"x":59,"y":784,"width":37,"height":9}},{"id":"1a003e6e-85e1-4b33-9963-66dc54a710fb","block_type":"box","text":"Netherlands:","page_number":3,"box":{"x":59,"y":820,"width":64,"height":8}},{"id":"c0344f55-48d0-455a-98b8-9e3d3cf3c465","block_type":"box","text":"State Street Global Advisors Netherlands, Apollo Building 7th floor,","page_number":3,"box":{"x":126,"y":820,"width":321,"height":10}},{"id":"870e781d-5f96-4c2b-b806-c1378ecbcc76","block_type":"box","text":"Herikerbergweg 29, 1101 CN Amsterdam, Netherlands. T: +31 20 7181 000. State Street","page_number":3,"box":{"x":59,"y":832,"width":424,"height":10}},{"id":"ff610407-c36c-4b03-aaf0-0c54ae742dad","block_type":"box","text":"Global Advisors Netherlands is a branch office of State Street Global Advisors Europe","page_number":3,"box":{"x":59,"y":845,"width":412,"height":10}},{"id":"c483a5f7-c610-4e2b-ab6b-3b6f8293c5bb","block_type":"box","text":"Limited, registered in Ireland with company number 49934, authorised and regulated by","page_number":3,"box":{"x":59,"y":858,"width":424,"height":10}},{"id":"79de3000-78d3-499f-99f5-0c7f36ed858e","block_type":"box","text":"the Central Bank of Ireland, and whose registered office is at 78 Sir John Rogerson's","page_number":3,"box":{"x":515,"y":47,"width":406,"height":10}},{"id":"9d97a381-dd9a-4572-8a48-e2b5e24b9e30","block_type":"box","text":"Quay, Dublin 2.","page_number":3,"box":{"x":515,"y":60,"width":71,"height":9}},{"id":"dbe279f5-f08e-4aac-a075-ead235c8dba5","block_type":"box","text":"Switzerland:","page_number":3,"box":{"x":515,"y":95,"width":62,"height":8}},{"id":"b5ad8666-371f-4bd2-bc10-92460de04350","block_type":"box","text":"State Street Global Advisors AG, Beethovenstr. 19, CH-8027 Zurich.","page_number":3,"box":{"x":580,"y":95,"width":325,"height":10}},{"id":"1b609a9e-fcf9-4bd2-84ce-e9982c1ac1e9","block_type":"box","text":"Registered with the Register of Commerce Zurich CHE-105.078.458. T: +41 (0)44 245","page_number":3,"box":{"x":515,"y":107,"width":413,"height":11}},{"id":"9337f884-449b-451a-be6f-b2d93218e183","block_type":"box","text":"70 00. F: +41 (0)44 245 70 16.","page_number":3,"box":{"x":515,"y":120,"width":144,"height":9}},{"id":"011fbd1e-647e-4743-843b-ee21f590b599","block_type":"box","text":"NOTICE TO PERSONS IN THE EUROPEAN ECONOMIC AREA (\"EEA\")","page_number":3,"box":{"x":515,"y":155,"width":330,"height":10}},{"id":"888bf2cf-2917-4112-93d2-8ef01268fcf9","block_type":"box","text":"The fund is permitted to market into the relevant EEA jurisdiction pursuant to either","page_number":3,"box":{"x":515,"y":173,"width":400,"height":10}},{"id":"00547a91-1679-4257-a2f2-04a4e3ec432e","block_type":"box","text":"Article 42 of AIFMD (if and as implemented under national laws of such member state);","page_number":3,"box":{"x":514,"y":186,"width":420,"height":10}},{"id":"20e2be73-38c7-4c5a-b990-69f417363a3c","block_type":"box","text":"or (ii) can otherwise be lawfully offered or sold (including on the basis of an unsolicited","page_number":3,"box":{"x":515,"y":199,"width":418,"height":9}},{"id":"1a911f3d-e9ea-4e63-8dcc-d53a75f444ac","block_type":"box","text":"request from a professional client/qualified investor).","page_number":3,"box":{"x":515,"y":211,"width":253,"height":10}},{"id":"f08daf40-c817-4796-b4bd-25599e373980","block_type":"box","text":"The Fund is an alternative investment fund for the purpose of the European Union","page_number":3,"box":{"x":515,"y":246,"width":405,"height":10}},{"id":"8087db37-c6ec-4cea-9e6a-32e5a12b66ab","block_type":"box","text":"Alternative Investment Fund Managers Directive (Directive 2011/61/EU) (the","page_number":3,"box":{"x":514,"y":259,"width":380,"height":10}},{"id":"84706f77-aac3-4b37-8943-e435e1ee8cad","block_type":"box","text":"\"AIFMD\"). It is not a regulated collective investment scheme for purposes of the","page_number":3,"box":{"x":515,"y":272,"width":394,"height":10}},{"id":"8984b015-9303-49ed-a9e9-3089364ca29f","block_type":"box","text":"Financial Services and Markets Act 2000 of the United Kingdom (\"FSMA\"). The","page_number":3,"box":{"x":515,"y":284,"width":392,"height":10}},{"id":"a3c944f8-5c1a-4f71-849f-d4794f32f158","block_type":"box","text":"promotion of the fund and the distribution of this material in the UK is restricted by","page_number":3,"box":{"x":515,"y":297,"width":411,"height":10}},{"id":"56474e1f-6097-41f4-a767-58e6306d929b","block_type":"box","text":"law to Professional Investors Only. The information provided does not constitute tax","page_number":3,"box":{"x":515,"y":310,"width":418,"height":9}},{"id":"5fe79ad9-1d51-44f7-8c4b-38696eea9eea","block_type":"box","text":"advice, investors should consult their tax advisors with respect to their particular tax","page_number":3,"box":{"x":515,"y":322,"width":423,"height":10}},{"id":"a64cffb7-ca64-4784-b9c7-a17786e8e268","block_type":"box","text":"situations and the tax effects of an investment in the Fund.","page_number":3,"box":{"x":515,"y":335,"width":292,"height":8}},{"id":"53ba58ab-a6cf-4004-954a-97e5d8be5a1a","block_type":"box","text":"The fund is an alternative investment fund for the purpose of the European Union","page_number":3,"box":{"x":515,"y":370,"width":403,"height":10}},{"id":"d1dc9e1f-fff0-4b62-bc01-60231b5dbfab","block_type":"box","text":"Alternative Investment Fund Managers Directive (Directive 2011/61/EU)","page_number":3,"box":{"x":514,"y":382,"width":357,"height":11}},{"id":"9d1b83d1-33e7-4f60-af5b-d01d2345aa31","block_type":"box","text":"(\"AIFMD\").","page_number":3,"box":{"x":515,"y":396,"width":51,"height":9}},{"id":"69e50522-8fd5-43ec-8064-b934cf35933a","block_type":"box","text":"SSGA Funds Management, Inc. or State Street Global Advisors Trust","page_number":3,"box":{"x":569,"y":395,"width":338,"height":10}},{"id":"8d1fed53-7078-4749-8631-52f43ea5cbf3","block_type":"box","text":"Company is the alternative investment fund manager (\"AIFM\") of the fund.","page_number":3,"box":{"x":515,"y":408,"width":368,"height":10}},{"id":"3dd38c6f-0a12-49d3-87b4-740e7fc677f2","block_type":"box","text":"For Switzerland Qualified Investor:","page_number":3,"box":{"x":515,"y":443,"width":171,"height":9}},{"id":"bc06b631-2389-434c-bf23-61d7841ca242","block_type":"box","text":"The distribution of interests of U.S. SPDR ETFs in","page_number":3,"box":{"x":689,"y":444,"width":236,"height":7}},{"id":"d68b1e7e-a738-4d43-b229-db68a741fe86","block_type":"box","text":"Switzerland will be exclusively made to, and directed at, qualified investors according to","page_number":3,"box":{"x":515,"y":456,"width":423,"height":10}},{"id":"d9325b60-de74-4693-899e-4aa89013c4ea","block_type":"box","text":"Article 10(3) and (3ter) of the Swiss Collective Investment Schemes Act (\"CISA\") and its","page_number":3,"box":{"x":514,"y":468,"width":423,"height":10}},{"id":"628d2a91-a339-4cf2-bc50-2c378331b961","block_type":"box","text":"implementing ordinance. The legal documents of U.S. SPDR ETFs can be obtained free","page_number":3,"box":{"x":515,"y":481,"width":417,"height":10}},{"id":"03d4e9f6-08be-4d5d-80f1-27ca703d54f8","block_type":"box","text":"of charge from the representative in Switzerland. Swiss Representative & Swiss Paying","page_number":3,"box":{"x":515,"y":494,"width":417,"height":10}},{"id":"2bf9dcb7-5729-40c9-ba10-fbe55859b416","block_type":"box","text":"Agent: State Street Bank International GmbH Beethovenstrasse 19 8027 Zurich,","page_number":3,"box":{"x":514,"y":507,"width":384,"height":10}},{"id":"7a330d2e-3323-4834-a185-fd735d58c363","block_type":"box","text":"Switzerland Tel: +41 44 560 500","page_number":3,"box":{"x":515,"y":519,"width":156,"height":8}},{"id":"dd0b2934-98c4-459d-b694-405e9b74538f","block_type":"box","text":"SSGA Funds Management, Inc. serves as the investment advisor to the SPDR ETFs that","page_number":3,"box":{"x":515,"y":537,"width":421,"height":10}},{"id":"5e0a3889-569d-414a-935d-8d44394a425a","block_type":"box","text":"are registered with the United States Securities and Exchange Commission under the","page_number":3,"box":{"x":515,"y":550,"width":411,"height":9}},{"id":"5b3e3af3-50b9-4e85-8245-a8b1ed1798a2","block_type":"box","text":"Investment Company Act of 1940. SSGA Funds Management, Inc. is an affiliate of State","page_number":3,"box":{"x":515,"y":562,"width":420,"height":10}},{"id":"32124ef2-dc90-4473-91e4-89840f3ebeb4","block_type":"box","text":"Street Global Advisors Limited.","page_number":3,"box":{"x":515,"y":575,"width":148,"height":8}},{"id":"ac47b4b2-40d5-4442-bfb6-ff47eb3ed27b","block_type":"box","text":"Diversification does not ensure a profit or guarantee against loss.","page_number":3,"box":{"x":515,"y":593,"width":313,"height":9}},{"id":"18c9eca5-fa43-41dd-8672-b7f3d59bbf4e","block_type":"box","text":"The information provided does not constitute investment advice as such term is defined","page_number":3,"box":{"x":515,"y":610,"width":423,"height":10}},{"id":"58169cd3-df50-41ea-b861-93ad4433ca59","block_type":"box","text":"under the Markets in Financial Instruments Directive (2014/65/EU) and it should not be","page_number":3,"box":{"x":515,"y":622,"width":417,"height":10}},{"id":"9ae050e1-ccd9-436d-90ff-fa6a7e899fe7","block_type":"box","text":"relied on as such. It should not be considered a solicitation to buy or an offer to sell any","page_number":3,"box":{"x":515,"y":635,"width":420,"height":10}},{"id":"4fb0628c-5d7e-451f-bc07-7c65f032deee","block_type":"box","text":"investment. It does not take into account any investor's or potential investor’s particular","page_number":3,"box":{"x":515,"y":648,"width":420,"height":10}},{"id":"9842e722-a513-4c72-8a84-6aafbabd13ff","block_type":"box","text":"investment objectives, strategies, tax status, risk appetite or investment horizon. If you","page_number":3,"box":{"x":515,"y":661,"width":417,"height":10}},{"id":"d83002b7-b74b-4459-b88b-7b722f2e9e4a","block_type":"box","text":"require investment advice you should consult your tax and financial or other","page_number":3,"box":{"x":515,"y":673,"width":365,"height":10}},{"id":"5150ffcd-c2bd-4b8d-a4cc-ca85c455b4be","block_type":"box","text":"professional advisor.","page_number":3,"box":{"x":515,"y":686,"width":98,"height":10}},{"id":"7b14c6f3-7f22-4a6e-aa82-7955ac42fc80","block_type":"box","text":"Key/Investment Risk Disclosures:","page_number":3,"box":{"x":515,"y":704,"width":165,"height":9}},{"id":"6e9b6be0-f646-45b7-90a8-6d30aa973aba","block_type":"box","text":"Capital at risk.","page_number":3,"box":{"x":515,"y":721,"width":70,"height":10}},{"id":"ad6acfe3-4435-430d-a3f7-17c5a69cf422","block_type":"box","text":"Investing involves risk including the risk of loss of principal.","page_number":3,"box":{"x":590,"y":721,"width":283,"height":10}},{"id":"0cd6b994-a8b4-41bd-9c59-f74f2712de99","block_type":"box","text":"Foreign Securities","page_number":3,"box":{"x":515,"y":739,"width":90,"height":10}},{"id":"0c782e2d-9989-4cc6-bdb5-6179d0c27707","block_type":"box","text":"may be subject to greater political, economic, environmental, credit","page_number":3,"box":{"x":609,"y":739,"width":323,"height":10}},{"id":"52f6441f-b50e-4618-aee7-f047444f6677","block_type":"box","text":"and information risks. Foreign securities may be subject to higher volatility than U.S.","page_number":3,"box":{"x":515,"y":752,"width":403,"height":9}},{"id":"29d562f9-2c56-4d3e-83aa-ab9862b51193","block_type":"box","text":"securities, due to varying degrees of regulation and limited liquidity.","page_number":3,"box":{"x":515,"y":764,"width":325,"height":10}},{"id":"2fb70ad6-6ec7-4ae4-a657-5de0b18035d0","block_type":"box","text":"Before investing, consider the funds' investment objectives, risks, charges and","page_number":3,"box":{"x":515,"y":782,"width":392,"height":10}},{"id":"187e1404-c57a-4c21-a21e-eea6eaf34ee9","block_type":"box","text":"expenses. To obtain a prospectus which contains this and other information, visit","page_number":3,"box":{"x":515,"y":794,"width":405,"height":10}},{"id":"143029d7-a979-4ea4-ade0-2cedb6131b77","block_type":"box","text":"www.statestreet.com/im or talk to your financial advisor. Read it carefully before","page_number":3,"box":{"x":514,"y":807,"width":401,"height":10}},{"id":"2840aab0-0b2a-48f5-b5b5-0c95cbde8484","block_type":"box","text":"investing.","page_number":3,"box":{"x":515,"y":820,"width":48,"height":10}},{"id":"870318f4-bc8e-4cdf-a8d6-232a7e1c18a9","block_type":"box","text":"The whole or any part of this work may not be reproduced, copied or transmitted or any","page_number":3,"box":{"x":515,"y":837,"width":423,"height":10}},{"id":"bb18b255-db26-443e-beed-e25b0fe05c1e","block_type":"box","text":"of its contents disclosed to third parties without State Street Investment Management's","page_number":3,"box":{"x":515,"y":850,"width":422,"height":10}},{"id":"1de80a6f-3b7e-41b5-8500-5260e685ecb4","block_type":"box","text":"express written consent.","page_number":3,"box":{"x":515,"y":863,"width":118,"height":9}},{"id":"636ea69a-9b7a-4f4f-a511-0e620c819f75","block_type":"box","text":"State Street","page_number":4,"box":{"x":362,"y":947,"width":74,"height":7}},{"id":"279830c3-97f8-485b-a1da-21d8b77292e2","block_type":"box","text":"®","page_number":4,"box":{"x":437,"y":946,"width":4,"height":4}},{"id":"9ab35bd7-f985-4505-971c-8d81889dd293","block_type":"box","text":"Energy Select Sector SPDR","page_number":4,"box":{"x":445,"y":947,"width":168,"height":9}},{"id":"2e9ca9b5-5cad-454f-97aa-a95604dac97c","block_type":"box","text":"®","page_number":4,"box":{"x":613,"y":946,"width":5,"height":4}},{"id":"b7315ad0-87d3-47e5-99d0-57c76f2b50fa","block_type":"box","text":"ETF","page_number":4,"box":{"x":622,"y":947,"width":22,"height":7}},{"id":"e78981b8-c0cf-4d09-a4cf-48f1efe43e3e","block_type":"box","text":"4","page_number":4,"box":{"x":933,"y":947,"width":7,"height":7}},{"id":"5ef9d778-1a00-40d5-9b4d-fae004cbaeac","block_type":"box","text":"The information contained in this communication is not a research recommendation","page_number":4,"box":{"x":59,"y":47,"width":418,"height":8}},{"id":"281e8da6-adff-4f47-83b1-a93828f8d8b0","block_type":"box","text":"or 'investment research' and is classified as a 'Marketing Communication' in","page_number":4,"box":{"x":59,"y":59,"width":375,"height":11}},{"id":"9ea3e057-3462-42fd-83bd-ed876cb80e92","block_type":"box","text":"accordance with the Markets in Financial Instruments Directive (2014/65/EU) or","page_number":4,"box":{"x":59,"y":72,"width":399,"height":9}},{"id":"6b5ef741-5424-41dc-a341-6f7523d9a003","block_type":"box","text":"applicable Swiss regulation. This means that this marketing communication (a) has","page_number":4,"box":{"x":59,"y":85,"width":414,"height":10}},{"id":"9de05f18-f131-4bc4-a26c-724192f75494","block_type":"box","text":"not been prepared in accordance with legal requirements designed to promote the","page_number":4,"box":{"x":59,"y":97,"width":410,"height":10}},{"id":"7219c96c-2671-455b-a850-24e326e6c4ed","block_type":"box","text":"independence of investment research (b) is not subject to any prohibition on dealing","page_number":4,"box":{"x":59,"y":110,"width":420,"height":10}},{"id":"7279c4fa-fd94-4666-9443-a6904c7f2012","block_type":"box","text":"ahead of the dissemination of investment research.","page_number":4,"box":{"x":59,"y":123,"width":256,"height":8}},{"id":"676b2bbc-5287-4544-8c35-aa4995b01615","block_type":"box","text":"This communication is directed at professional clients (this includes eligible","page_number":4,"box":{"x":59,"y":158,"width":362,"height":10}},{"id":"78823532-3e8b-4b9d-90a1-441bdf0ed4f1","block_type":"box","text":"counterparties as defined by the appropriate EU regulator) who are deemed both","page_number":4,"box":{"x":59,"y":171,"width":391,"height":10}},{"id":"045caa87-0af7-4b65-95c3-870e890b6493","block_type":"box","text":"knowledgeable and experienced in matters relating to investments. The products and","page_number":4,"box":{"x":59,"y":184,"width":411,"height":9}},{"id":"4a51a95b-fbbf-4962-872c-35f832de151c","block_type":"box","text":"services to which this communication relates are only available to such persons and","page_number":4,"box":{"x":515,"y":47,"width":403,"height":10}},{"id":"38f24c95-86ce-4d4b-baee-43984560bc82","block_type":"box","text":"persons of any other description (including retail clients) should not rely on this","page_number":4,"box":{"x":515,"y":60,"width":381,"height":10}},{"id":"53022f96-30dd-4e08-85b2-ffa098dcac76","block_type":"box","text":"communication.","page_number":4,"box":{"x":515,"y":72,"width":75,"height":8}},{"id":"bb7eceac-e637-422a-b567-63c9e37ca469","block_type":"box","text":"All information is from SSGA unless otherwise noted and has been obtained from","page_number":4,"box":{"x":514,"y":108,"width":390,"height":7}},{"id":"ac2331e5-1a3d-48ad-9e62-e0d9be7f86bc","block_type":"box","text":"sources believed to be reliable, but its accuracy is not guaranteed. There is no","page_number":4,"box":{"x":515,"y":120,"width":376,"height":10}},{"id":"19a37aab-fa16-4bfe-b189-2afbae5292df","block_type":"box","text":"representation or warranty as to the current accuracy, reliability or completeness of, nor","page_number":4,"box":{"x":515,"y":133,"width":424,"height":10}},{"id":"950fdb34-c6c6-4a9b-81e7-a9a35bfa7104","block_type":"box","text":"liability for, decisions based on such information and it should not be relied on as such.","page_number":4,"box":{"x":515,"y":146,"width":416,"height":9}},{"id":"04592065-05ed-434f-9363-7ca20e5d6d4f","block_type":"box","text":"© 2026 State Street Corporation. All Rights Reserved.","page_number":4,"box":{"x":515,"y":163,"width":259,"height":10}},{"id":"503b0f2a-518d-43ba-866a-7c99538773fb","block_type":"box","text":"7729361.1.1.EMEA.INST Exp. Date: 10/31/2026 ETF-XLE 20260721/12:38","page_number":4,"box":{"x":515,"y":176,"width":349,"height":10}}],"unit":"per_mille","page_width":612,"page_height":792,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":4}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"61fce1fb-6b00-4e67-a0ba-17140958c62d"},"user_id":1000002,"date_created":"2026-10-05T21:00:20.818000Z","date_modified":"2026-10-05T21:00:20.818000Z","private":false}