{"annotation_id":"25bb13da-5b5b-4bd8-8c4b-137f10f36878","file_hash":"895a73e4a2f0a2fa0734fe4bf2921cdc460a0ab5d327c537c494677f9600bc5d","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"235708de-4b70-4f0a-87fc-fc1f35b9007d","block_type":"box","text":"Fund Objective","page_number":1,"box":{"x":47,"y":234,"width":106,"height":10}},{"id":"e4cf6540-fff4-4e80-be91-f44ad61c9ddb","block_type":"box","text":"The objective of the Fund is to track the performance of the UK","page_number":1,"box":{"x":46,"y":263,"width":408,"height":9}},{"id":"7b0212e4-2ecf-4ed3-b13d-7adc848a5641","block_type":"box","text":"Government bond (Gilt) market.","page_number":1,"box":{"x":46,"y":277,"width":206,"height":9}},{"id":"4e122c6c-9628-4b00-bfe3-410db71380ac","block_type":"box","text":"Index Description","page_number":1,"box":{"x":47,"y":320,"width":124,"height":9}},{"id":"e8956ff8-564a-421c-b340-0b75b05b326f","block_type":"box","text":"The Bloomberg UK Gilt Bond Index measures the performance","page_number":1,"box":{"x":46,"y":348,"width":409,"height":10}},{"id":"47bb3cde-514d-46f0-b812-3ab701482738","block_type":"box","text":"of the UK Government bond (Gilt) market and includes public","page_number":1,"box":{"x":46,"y":362,"width":397,"height":10}},{"id":"57b7d0f1-50df-48a4-acff-9c166cd10ee3","block_type":"box","text":"obligations of the United Kingdom. Using market capitalisation","page_number":1,"box":{"x":46,"y":377,"width":402,"height":9}},{"id":"5339cacb-4338-4015-ac46-1d8a28663002","block_type":"box","text":"weighting and a standard rule-based inclusion methodology, this","page_number":1,"box":{"x":46,"y":391,"width":417,"height":10}},{"id":"da3b802c-d756-45a4-b358-0820a8799004","block_type":"box","text":"index reflects the performance and characteristics of the Gilt","page_number":1,"box":{"x":47,"y":405,"width":395,"height":10}},{"id":"eb9ca8a0-812b-48ff-88a7-4f5d0408520c","block_type":"box","text":"market. Securities must be rated investment grade, as defined by","page_number":1,"box":{"x":47,"y":419,"width":422,"height":10}},{"id":"0712d565-131d-4e4a-8a5b-f8e652588b02","block_type":"box","text":"the index methodology.","page_number":1,"box":{"x":46,"y":434,"width":150,"height":9}},{"id":"143789e6-e8e9-4a9a-b630-cede5b7bd341","block_type":"box","text":"Tax Status","page_number":1,"box":{"x":46,"y":476,"width":76,"height":8}},{"id":"d30d62e7-0677-4c35-bfb9-c9903194d7f0","block_type":"box","text":"As standard, State Street Investment Management aims to meet","page_number":1,"box":{"x":46,"y":505,"width":419,"height":10}},{"id":"c8e6573e-d04e-45a9-9e69-0d6f664a28c3","block_type":"box","text":"all applicable tax reporting requirements for all of the SPDR ETFs in","page_number":1,"box":{"x":47,"y":519,"width":434,"height":10}},{"id":"076f232c-aca8-4005-ab12-dd36618efe5e","block_type":"box","text":"the following countries. Applications are made throughout the year","page_number":1,"box":{"x":46,"y":534,"width":431,"height":9}},{"id":"6edee695-b9cc-4dbe-8c71-efd801d935d3","block_type":"box","text":"depending on the time scale required by each local tax authority:","page_number":1,"box":{"x":46,"y":548,"width":418,"height":10}},{"id":"6f623da5-a27e-476b-857c-6b07182519b1","block_type":"box","text":"UK, Germany, Austria, Switzerland.","page_number":1,"box":{"x":47,"y":562,"width":222,"height":10}},{"id":"7f9ee4d5-3ea1-42d6-b4f5-569f42215408","block_type":"box","text":"Countries of Registration","page_number":1,"box":{"x":46,"y":605,"width":177,"height":9}},{"id":"ce158256-6a7b-4738-8c24-af1e27da9e38","block_type":"box","text":"United Kingdom, Sweden, Spain, Norway, Netherlands, Luxembourg,","page_number":1,"box":{"x":47,"y":633,"width":440,"height":10}},{"id":"170dff21-83b6-41ec-9dcf-8e5feecc01eb","block_type":"box","text":"Italy, Ireland, Germany, France, Finland, Denmark, Austria","page_number":1,"box":{"x":47,"y":648,"width":366,"height":9}},{"id":"67158a3b-693b-4673-8993-de063cfe8042","block_type":"box","text":"Fund Information","page_number":1,"box":{"x":515,"y":228,"width":97,"height":6}},{"id":"8fbe5729-968e-4d5e-bfe3-b56ef971c138","block_type":"box","text":"ISIN","page_number":1,"box":{"x":515,"y":246,"width":21,"height":6}},{"id":"dc712164-be49-4738-b856-b26b3e240842","block_type":"box","text":"IE00B3W74078","page_number":1,"box":{"x":684,"y":246,"width":92,"height":6}},{"id":"5a7f4733-95da-48f4-ba96-b002f0c45caf","block_type":"box","text":"Index Name","page_number":1,"box":{"x":515,"y":262,"width":63,"height":6}},{"id":"87c9a37f-3e28-4540-ad00-17338f2dfa6f","block_type":"box","text":"Bloomberg UK Gilt Bond Index","page_number":1,"box":{"x":684,"y":262,"width":161,"height":7}},{"id":"ceca8f82-fca1-4f5e-9a9a-d1bd6441577e","block_type":"box","text":"Index Ticker","page_number":1,"box":{"x":515,"y":278,"width":65,"height":6}},{"id":"1508ee90-847b-403f-802b-3d528942e8e0","block_type":"box","text":"LSG1TRGU","page_number":1,"box":{"x":684,"y":278,"width":64,"height":6}},{"id":"5ffd1bd0-34aa-41ff-97b1-5ef613596e7d","block_type":"box","text":"Index Type","page_number":1,"box":{"x":515,"y":294,"width":58,"height":7}},{"id":"1f24c83e-03e0-4bb5-b8c2-ba55bca4bbcc","block_type":"box","text":"Total Return","page_number":1,"box":{"x":684,"y":294,"width":65,"height":6}},{"id":"f3dca796-6dc8-442e-912d-429b6cd3147b","block_type":"box","text":"Number of Constituents","page_number":1,"box":{"x":515,"y":310,"width":127,"height":6}},{"id":"9464fbcf-4f86-493a-9e64-57ef477cc71a","block_type":"box","text":"67","page_number":1,"box":{"x":684,"y":310,"width":15,"height":6}},{"id":"8a395464-b3a6-483b-b43f-65b5f7edb97a","block_type":"box","text":"Key Facts","page_number":1,"box":{"x":515,"y":346,"width":55,"height":8}},{"id":"bc7596af-9534-449d-be9a-ef3603e58b1a","block_type":"box","text":"Inception Date","page_number":1,"box":{"x":515,"y":364,"width":77,"height":7}},{"id":"d31ab08d-f849-4962-8367-b28fda58060b","block_type":"box","text":"17-May-2012","page_number":1,"box":{"x":685,"y":364,"width":78,"height":7}},{"id":"202db25c-9e59-40f4-a97c-77339d45c022","block_type":"box","text":"Share Class Currency","page_number":1,"box":{"x":515,"y":380,"width":116,"height":7}},{"id":"f1019bc3-108c-4aa2-ba56-2bfbc4541788","block_type":"box","text":"GBP","page_number":1,"box":{"x":684,"y":380,"width":24,"height":6}},{"id":"ac7e6c87-a1d7-442a-8c23-6832a53605c3","block_type":"box","text":"Fund — Base Currency","page_number":1,"box":{"x":515,"y":396,"width":124,"height":8}},{"id":"72ab6cff-10cf-417b-b1cc-05e67b671d92","block_type":"box","text":"GBP","page_number":1,"box":{"x":684,"y":396,"width":24,"height":6}},{"id":"3cb05e7e-1925-40e6-a0fa-61c7774695ba","block_type":"box","text":"TER","page_number":1,"box":{"x":515,"y":412,"width":22,"height":6}},{"id":"56668ee9-54dd-4ab9-9327-a15334b1629a","block_type":"box","text":"0.15%","page_number":1,"box":{"x":684,"y":412,"width":38,"height":6}},{"id":"7dcb403f-9800-4b32-a3f4-157c476b29f2","block_type":"box","text":"Income Treatment","page_number":1,"box":{"x":515,"y":428,"width":98,"height":6}},{"id":"6299c9cd-a4fc-4487-93ea-646de8fc3f7e","block_type":"box","text":"Semi-Annually Distribution","page_number":1,"box":{"x":684,"y":428,"width":141,"height":8}},{"id":"71e930b2-db92-4ff4-ac17-dcfa4c5aaa25","block_type":"box","text":"Replication Method","page_number":1,"box":{"x":515,"y":444,"width":103,"height":8}},{"id":"f5571976-5c29-4ba8-b745-abc1c4b2c947","block_type":"box","text":"Replicated","page_number":1,"box":{"x":684,"y":444,"width":56,"height":8}},{"id":"3739e77c-88c4-44ee-8f18-46271ac26639","block_type":"box","text":"UCITS Compliant","page_number":1,"box":{"x":515,"y":460,"width":93,"height":8}},{"id":"3e6dcfcb-ed73-483e-bfe3-cfb1ed3f7970","block_type":"box","text":"Yes","page_number":1,"box":{"x":684,"y":460,"width":18,"height":6}},{"id":"4334cab0-5c5c-44f4-8395-0b439ad201de","block_type":"box","text":"Domicile","page_number":1,"box":{"x":515,"y":476,"width":46,"height":7}},{"id":"095e3f5e-1ba4-4b52-8c4e-dcfddb37c746","block_type":"box","text":"Ireland","page_number":1,"box":{"x":684,"y":476,"width":35,"height":7}},{"id":"ba7e0268-e488-40cf-bb0e-88cf7f97ca09","block_type":"box","text":"Investment Manager","page_number":1,"box":{"x":515,"y":493,"width":109,"height":7}},{"id":"d6ddf12a-fc81-4e63-860d-0862db2037ab","block_type":"box","text":"State Street Global Advisors Europe Limited","page_number":1,"box":{"x":684,"y":492,"width":234,"height":8}},{"id":"61868020-bfe5-4803-88e0-fbee64400c48","block_type":"box","text":"Sub-Investment Manager(s)","page_number":1,"box":{"x":515,"y":508,"width":148,"height":8}},{"id":"4fb778a8-0be3-4c24-b2c2-e997ea9fe2b0","block_type":"box","text":"State Street Global Advisors Limited","page_number":1,"box":{"x":684,"y":509,"width":193,"height":6}},{"id":"9e5e5904-32eb-48b8-9392-05ab5e32d679","block_type":"box","text":"Fund Umbrella","page_number":1,"box":{"x":515,"y":525,"width":77,"height":6}},{"id":"a07de2d9-8ed9-4f9e-af9e-3c3b0789b33c","block_type":"box","text":"SSGA SPDR ETFs Europe I plc","page_number":1,"box":{"x":684,"y":525,"width":161,"height":7}},{"id":"825d7198-512f-403f-a35f-f1e4b3778fbf","block_type":"box","text":"Share Class Assets (millions)","page_number":1,"box":{"x":515,"y":541,"width":152,"height":7}},{"id":"fd685ef2-4098-4d90-b1c7-56a52522ebd4","block_type":"box","text":"£921.20","page_number":1,"box":{"x":684,"y":541,"width":51,"height":6}},{"id":"66e79909-fa50-46f6-9b60-2eb78e1f616a","block_type":"box","text":"Total Fund Assets (millions)","page_number":1,"box":{"x":515,"y":557,"width":145,"height":7}},{"id":"652c672b-2919-4112-a85f-de5f5e844e33","block_type":"box","text":"£921.20","page_number":1,"box":{"x":684,"y":557,"width":51,"height":6}},{"id":"b0fecbac-282b-4b8f-be8d-1f8b755932fd","block_type":"box","text":"ISA Eligible","page_number":1,"box":{"x":515,"y":573,"width":58,"height":8}},{"id":"020dff66-682f-4a1e-b576-bb1c536ce27c","block_type":"box","text":"Yes","page_number":1,"box":{"x":684,"y":573,"width":18,"height":6}},{"id":"64a23f22-65a9-4a60-a603-4527001b06ad","block_type":"box","text":"SIPP Eligible","page_number":1,"box":{"x":515,"y":589,"width":65,"height":8}},{"id":"323f5ffd-46f3-42f5-ac09-0a25d5fc8e85","block_type":"box","text":"Yes","page_number":1,"box":{"x":684,"y":589,"width":18,"height":6}},{"id":"2d0158a5-1757-40a0-9f56-a4450fd833f0","block_type":"box","text":"PEA Eligible","page_number":1,"box":{"x":515,"y":605,"width":63,"height":8}},{"id":"4b47d198-8e1c-40f0-ab6c-51c6364279ca","block_type":"box","text":"No","page_number":1,"box":{"x":684,"y":605,"width":14,"height":6}},{"id":"27c44ef2-a318-4830-af82-fa7f05097ee7","block_type":"box","text":"Prior to 1","page_number":1,"box":{"x":515,"y":623,"width":43,"height":6}},{"id":"98909e90-e882-4817-9a30-92a70abf533b","block_type":"box","text":"st","page_number":1,"box":{"x":559,"y":623,"width":5,"height":3}},{"id":"42e72703-ad94-46bd-969a-2e9ff1360451","block_type":"box","text":"February 2022, the Fund was known as SPDR Bloomberg Barclays UK","page_number":1,"box":{"x":567,"y":623,"width":360,"height":8}},{"id":"cb4c8511-dbaa-456d-a8ef-56bd0fbed5f2","block_type":"box","text":"Gilt UCITS ETF (Dist). Prior to 19","page_number":1,"box":{"x":515,"y":634,"width":164,"height":7}},{"id":"cc205370-63b9-4dc8-9d9a-ca1bcef5d30f","block_type":"box","text":"th","page_number":1,"box":{"x":680,"y":633,"width":6,"height":4}},{"id":"c54a89ae-7b42-49d0-8630-b8129fa898df","block_type":"box","text":"February 2026, the Fund was known as SPDR","page_number":1,"box":{"x":689,"y":634,"width":234,"height":8}},{"id":"d9ce55e0-5b2a-48d3-8b79-1c54efb19964","block_type":"box","text":"®","page_number":1,"box":{"x":923,"y":633,"width":3,"height":2}},{"id":"bf16d0f3-4db8-4aa9-b27b-a8c355061860","block_type":"box","text":"Bloomberg UK Gilt UCITS ETF (Dist).","page_number":1,"box":{"x":515,"y":644,"width":189,"height":8}},{"id":"99813930-9fcc-40f2-b3d6-52465456da16","block_type":"box","text":"Prior to 1","page_number":1,"box":{"x":515,"y":657,"width":43,"height":7}},{"id":"3627666b-0bdf-4b8d-ba71-94dcd2d6187e","block_type":"box","text":"st","page_number":1,"box":{"x":559,"y":657,"width":5,"height":3}},{"id":"0cdcccbd-d503-4353-aa27-53410c376e8d","block_type":"box","text":"February 2022, the Fund was tracking the Bloomberg Barclays UK Gilt","page_number":1,"box":{"x":567,"y":657,"width":360,"height":8}},{"id":"7d977045-e143-4760-821b-7d057e05d145","block_type":"box","text":"Bond Index.","page_number":1,"box":{"x":515,"y":668,"width":60,"height":6}},{"id":"8eebf346-756c-4702-b049-a8134b6d7a94","block_type":"box","text":"Listings","page_number":1,"box":{"x":47,"y":700,"width":43,"height":8}},{"id":"a96db0e3-908f-413d-8d6c-8a58be5f3cf8","block_type":"box","text":"Exchange","page_number":1,"box":{"x":47,"y":716,"width":54,"height":8}},{"id":"dcbe8145-0e3b-4523-a5be-e1d6168ac4c5","block_type":"box","text":"Exchange Ticker","page_number":1,"box":{"x":259,"y":716,"width":94,"height":8}},{"id":"440b7733-4f64-41b8-a0ce-936710f218b2","block_type":"box","text":"Trading Currency","page_number":1,"box":{"x":375,"y":716,"width":101,"height":8}},{"id":"c683a67b-eef8-4846-bd25-ac4151b8525c","block_type":"box","text":"iNAV Ticker","page_number":1,"box":{"x":493,"y":716,"width":68,"height":6}},{"id":"beb89105-049b-4dd6-b044-fcf7e5394567","block_type":"box","text":"Bloomberg Code","page_number":1,"box":{"x":610,"y":716,"width":95,"height":8}},{"id":"8518b369-04a9-44b3-96d9-01de6972b4d1","block_type":"box","text":"Reuters Code","page_number":1,"box":{"x":727,"y":716,"width":77,"height":6}},{"id":"f6eeeb5b-99c8-4334-b129-c952e6e5c12f","block_type":"box","text":"SEDOL Code","page_number":1,"box":{"x":844,"y":716,"width":73,"height":6}},{"id":"11951a8c-17d7-4c53-ac77-7fb1aa7f0277","block_type":"box","text":"Deutsche Börse*","page_number":1,"box":{"x":47,"y":733,"width":89,"height":6}},{"id":"deb4dba9-79cb-4216-890e-72e85ea378c5","block_type":"box","text":"SYBG","page_number":1,"box":{"x":258,"y":732,"width":32,"height":7}},{"id":"7e1de934-cd7c-4956-9acf-dc94f024407b","block_type":"box","text":"EUR","page_number":1,"box":{"x":376,"y":733,"width":22,"height":6}},{"id":"8b66abf9-f854-4575-8774-231702d2b675","block_type":"box","text":"INSYBGE","page_number":1,"box":{"x":493,"y":732,"width":50,"height":7}},{"id":"82bf43f2-4578-4cfa-8342-358600a49bf1","block_type":"box","text":"SYBG GY","page_number":1,"box":{"x":610,"y":732,"width":51,"height":7}},{"id":"f000ccd6-8e7f-44ad-9353-e5be40f301c8","block_type":"box","text":"SYBG.DE","page_number":1,"box":{"x":727,"y":732,"width":50,"height":7}},{"id":"fec89dfb-b4ba-464a-9c9a-bebeb272c3c6","block_type":"box","text":"B43R8G7","page_number":1,"box":{"x":845,"y":732,"width":55,"height":7}},{"id":"43982f30-ba4c-4387-a311-cfd1bc64d671","block_type":"box","text":"London Stock Exchange","page_number":1,"box":{"x":47,"y":749,"width":128,"height":7}},{"id":"429db598-3aca-4aa9-b993-a21c879b2adf","block_type":"box","text":"GLTY","page_number":1,"box":{"x":258,"y":749,"width":31,"height":6}},{"id":"a0630945-05af-44cd-8662-23107f04c99d","block_type":"box","text":"GBP","page_number":1,"box":{"x":376,"y":749,"width":23,"height":6}},{"id":"5f08a12f-2d8c-404a-8885-6a3948506938","block_type":"box","text":"INSYBG","page_number":1,"box":{"x":493,"y":749,"width":42,"height":6}},{"id":"61a08bff-2896-4271-a293-45e6f42fa65e","block_type":"box","text":"GLTY LN","page_number":1,"box":{"x":610,"y":749,"width":48,"height":6}},{"id":"5ad3862e-78e2-4e39-9c43-bc5ed6b60eae","block_type":"box","text":"GLTY.L","page_number":1,"box":{"x":727,"y":749,"width":39,"height":6}},{"id":"bd95d02c-192e-4afa-bcad-7c3790172ce2","block_type":"box","text":"B3W7407","page_number":1,"box":{"x":845,"y":749,"width":57,"height":6}},{"id":"09bac8b4-d87e-4994-be30-ed8cc114cd95","block_type":"box","text":"*Denotes Primary Listing","page_number":1,"box":{"x":46,"y":767,"width":129,"height":8}},{"id":"12373935-202d-4e50-b955-194757e79b89","block_type":"box","text":"1","page_number":1,"box":{"x":515,"y":962,"width":3,"height":8}},{"id":"4bccc913-3ec3-43ca-a010-72dfe9ace7b3","block_type":"box","text":"State Street","page_number":1,"box":{"x":47,"y":66,"width":220,"height":19}},{"id":"2e4cada2-80a2-4d71-86f2-07768a365163","block_type":"box","text":"®","page_number":1,"box":{"x":268,"y":64,"width":9,"height":7}},{"id":"5e4930c1-f4f4-4a2f-8caf-34349094edc9","block_type":"box","text":"SPDR","page_number":1,"box":{"x":278,"y":66,"width":111,"height":19}},{"id":"6143d325-7da2-43e7-8a07-a4a6a1f0f766","block_type":"box","text":"®","page_number":1,"box":{"x":390,"y":64,"width":9,"height":7}},{"id":"e4694603-e385-4e44-937e-a05b6b2076f8","block_type":"box","text":"Bloomberg UK Gilt","page_number":1,"box":{"x":48,"y":97,"width":341,"height":24}},{"id":"a3ee99d3-b71c-4b56-9f24-78aeeb8822fa","block_type":"box","text":"UCITS ETF (Dist)","page_number":1,"box":{"x":48,"y":127,"width":306,"height":22}},{"id":"0da86911-83cd-4b1e-9c59-c6f25680e973","block_type":"box","text":"Fact Sheet","page_number":1,"box":{"x":516,"y":47,"width":86,"height":10}},{"id":"3fc23da8-be26-4c04-b3cf-bf2d4d431456","block_type":"box","text":"Fixed Income","page_number":1,"box":{"x":516,"y":66,"width":117,"height":9}},{"id":"4155b934-20b6-4e11-99fb-55e0aa13a26a","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":749,"y":47,"width":178,"height":12}},{"id":"c84c5bec-b772-48f6-ba72-a45007d2af5e","block_type":"box","text":"2","page_number":2,"box":{"x":515,"y":962,"width":8,"height":8}},{"id":"9e0d5302-9b62-4c95-8279-f5ab9c621d61","block_type":"box","text":"Capital Risk: Investing involves risk including the risk of loss of capital.","page_number":2,"box":{"x":46,"y":905,"width":386,"height":7}},{"id":"a1bf675c-396c-455f-8404-bff93518db11","block_type":"box","text":"The performance data quoted represents past performance. Past performance does not guarantee future results.","page_number":2,"box":{"x":46,"y":915,"width":629,"height":8}},{"id":"bfd6d0ec-4949-4d87-a339-6f3f9b0092a3","block_type":"box","text":"Performance","page_number":2,"box":{"x":47,"y":43,"width":74,"height":6}},{"id":"abcc4e3f-0fde-4d05-9453-f784ab84d659","block_type":"box","text":"Index","page_number":2,"box":{"x":133,"y":59,"width":31,"height":6}},{"id":"d37c56c3-0bc2-4132-af83-ab45dd95cb93","block_type":"box","text":"Fund Gross","page_number":2,"box":{"x":180,"y":59,"width":64,"height":6}},{"id":"f39a4455-0079-4206-a7c4-d0a75dab636a","block_type":"box","text":"Difference","page_number":2,"box":{"x":262,"y":59,"width":59,"height":6}},{"id":"3f03d50b-17a3-46e3-8431-c05941dea19c","block_type":"box","text":"Fund Net","page_number":2,"box":{"x":351,"y":59,"width":51,"height":6}},{"id":"0d732b2e-a1f9-492b-9940-f9f99c0ce28e","block_type":"box","text":"Difference","page_number":2,"box":{"x":419,"y":59,"width":59,"height":6}},{"id":"33195b7a-2963-41ee-b19b-9a64de9c009f","block_type":"box","text":"Annualised Returns (%)","page_number":2,"box":{"x":46,"y":75,"width":134,"height":7}},{"id":"747fae7e-b443-426c-a39a-38008d89f022","block_type":"box","text":"1 Year","page_number":2,"box":{"x":47,"y":91,"width":34,"height":6}},{"id":"13c94a4c-1a6e-47f8-a2d2-2e86d783561a","block_type":"box","text":"0.35","page_number":2,"box":{"x":136,"y":91,"width":27,"height":6}},{"id":"231389f2-e4b3-4e50-b00b-d26365165c75","block_type":"box","text":"0.41","page_number":2,"box":{"x":217,"y":91,"width":26,"height":6}},{"id":"6314318f-261d-4269-900b-4779fa92b75a","block_type":"box","text":"0.06","page_number":2,"box":{"x":293,"y":91,"width":27,"height":6}},{"id":"a87326c0-270e-4618-9864-1373f29fa942","block_type":"box","text":"0.26","page_number":2,"box":{"x":374,"y":91,"width":27,"height":6}},{"id":"06a180b5-a5aa-43f6-92d0-cacbb74b94f7","block_type":"box","text":"-0.09","page_number":2,"box":{"x":446,"y":91,"width":31,"height":6}},{"id":"723a7c6d-0f3b-44e3-b7ed-9cb6d7bef64f","block_type":"box","text":"3 Year","page_number":2,"box":{"x":47,"y":107,"width":34,"height":6}},{"id":"5f6b1bda-c5db-4178-8880-683d9936c7f6","block_type":"box","text":"2.07","page_number":2,"box":{"x":136,"y":107,"width":27,"height":6}},{"id":"2ac080d4-a01f-470b-97dd-629c692e183a","block_type":"box","text":"2.10","page_number":2,"box":{"x":217,"y":107,"width":27,"height":6}},{"id":"1cf1d8e9-0427-41ad-856c-6d1f58713098","block_type":"box","text":"0.03","page_number":2,"box":{"x":293,"y":107,"width":27,"height":6}},{"id":"3849b3a5-b8fa-4102-8060-d7b73a3374c0","block_type":"box","text":"1.95","page_number":2,"box":{"x":375,"y":107,"width":26,"height":6}},{"id":"d0a3dae0-d800-42a3-accd-38d6946183ba","block_type":"box","text":"-0.12","page_number":2,"box":{"x":446,"y":107,"width":31,"height":6}},{"id":"478102db-be60-46b1-80ad-5ecb0119e1a8","block_type":"box","text":"5 Year","page_number":2,"box":{"x":47,"y":123,"width":34,"height":6}},{"id":"d808962e-413e-47b8-b3f7-b8543812e3b6","block_type":"box","text":"-4.88","page_number":2,"box":{"x":132,"y":123,"width":31,"height":6}},{"id":"83e9dfb7-0416-410b-bbc2-34f47435c048","block_type":"box","text":"-4.86","page_number":2,"box":{"x":213,"y":123,"width":31,"height":6}},{"id":"f7fde5af-8447-4276-9835-6330bf10fc5e","block_type":"box","text":"0.02","page_number":2,"box":{"x":293,"y":123,"width":27,"height":6}},{"id":"3b7172c8-2af4-4714-b7ab-6dede4eff599","block_type":"box","text":"-5.00","page_number":2,"box":{"x":370,"y":123,"width":31,"height":6}},{"id":"0efb7556-bb11-4f65-a67d-bdf8b9523767","block_type":"box","text":"-0.12","page_number":2,"box":{"x":446,"y":123,"width":31,"height":6}},{"id":"dc2fa8c2-715e-476b-986d-b1ad3d5b3a28","block_type":"box","text":"10 Year","page_number":2,"box":{"x":47,"y":139,"width":42,"height":6}},{"id":"b72e38cb-5e3e-4fa4-85c3-32a95f151aff","block_type":"box","text":"-1.84","page_number":2,"box":{"x":132,"y":139,"width":31,"height":6}},{"id":"7f6c76ca-6773-4cd8-9789-baad85682862","block_type":"box","text":"-1.83","page_number":2,"box":{"x":213,"y":139,"width":31,"height":6}},{"id":"e68f7add-ab92-4df6-b088-4d87b0ff1bb3","block_type":"box","text":"0.01","page_number":2,"box":{"x":293,"y":139,"width":27,"height":6}},{"id":"5606f914-e7ba-409b-bfc6-a105cc568064","block_type":"box","text":"-1.98","page_number":2,"box":{"x":370,"y":139,"width":31,"height":6}},{"id":"f4c85743-39a0-4c43-826e-a93f2e09e353","block_type":"box","text":"-0.13","page_number":2,"box":{"x":446,"y":139,"width":31,"height":6}},{"id":"be4adda9-8f06-4920-9f30-c2f5ad26c8c3","block_type":"box","text":"Since","page_number":2,"box":{"x":46,"y":155,"width":30,"height":6}},{"id":"7771f9ef-0570-4a64-b564-5c1393a21b8e","block_type":"box","text":"Inception","page_number":2,"box":{"x":47,"y":166,"width":48,"height":8}},{"id":"e7bdfb1a-1af3-452e-bc6c-eadff23ea7b2","block_type":"box","text":"0.49","page_number":2,"box":{"x":136,"y":155,"width":27,"height":6}},{"id":"d861ed3a-1a4c-475a-abb6-af6f741572ed","block_type":"box","text":"0.51","page_number":2,"box":{"x":217,"y":155,"width":26,"height":6}},{"id":"661b0c2c-4f00-42d1-b9ca-ae256e9d25b8","block_type":"box","text":"0.01","page_number":2,"box":{"x":293,"y":155,"width":27,"height":6}},{"id":"0d8acd47-dcde-4bfc-8100-c6d1349d8aad","block_type":"box","text":"0.35","page_number":2,"box":{"x":374,"y":155,"width":27,"height":6}},{"id":"b73429d7-2561-4d83-a15a-9147d61cf282","block_type":"box","text":"-0.14","page_number":2,"box":{"x":446,"y":155,"width":32,"height":6}},{"id":"d94059b6-9855-4eda-9ccf-dca236e462da","block_type":"box","text":"Cumulative Performance (%)","page_number":2,"box":{"x":46,"y":183,"width":165,"height":7}},{"id":"c28126f7-d390-4c3d-9d0b-c5d8c4a062fc","block_type":"box","text":"1 Month","page_number":2,"box":{"x":47,"y":199,"width":43,"height":6}},{"id":"f5d3d840-5f82-4e3b-a94c-1e8ad99ea3a3","block_type":"box","text":"-1.30","page_number":2,"box":{"x":132,"y":199,"width":31,"height":6}},{"id":"e2cac46f-62fb-45b8-a768-a68f77f908c0","block_type":"box","text":"-1.30","page_number":2,"box":{"x":213,"y":199,"width":31,"height":6}},{"id":"980ae6c7-af6a-419d-b930-1f1e7df70b59","block_type":"box","text":"0.00","page_number":2,"box":{"x":293,"y":199,"width":27,"height":6}},{"id":"17c4fe81-e1fa-4ffc-b8fe-b8137ca2c235","block_type":"box","text":"-1.31","page_number":2,"box":{"x":370,"y":199,"width":31,"height":6}},{"id":"1f67ab6d-d585-47d9-b6cf-2892e0d4f2e5","block_type":"box","text":"-0.01","page_number":2,"box":{"x":446,"y":199,"width":31,"height":6}},{"id":"a46b9243-20e8-453f-82b9-af5ce50ac1ba","block_type":"box","text":"3 Month","page_number":2,"box":{"x":47,"y":215,"width":43,"height":6}},{"id":"2fe657b5-b2cb-4466-9509-1593d375db06","block_type":"box","text":"-2.84","page_number":2,"box":{"x":132,"y":215,"width":31,"height":6}},{"id":"69d4c14a-e889-4ddb-b6c2-2e53ae10d3aa","block_type":"box","text":"-2.85","page_number":2,"box":{"x":213,"y":215,"width":31,"height":6}},{"id":"0cefbd6d-17be-4125-af10-a4ac5d850eb3","block_type":"box","text":"-0.02","page_number":2,"box":{"x":289,"y":215,"width":31,"height":6}},{"id":"a2fdb82b-1a05-4f2e-badf-a939d3300001","block_type":"box","text":"-2.89","page_number":2,"box":{"x":370,"y":215,"width":31,"height":6}},{"id":"028a570e-a098-4056-8db6-21f913ba40ae","block_type":"box","text":"-0.05","page_number":2,"box":{"x":446,"y":215,"width":31,"height":6}},{"id":"4be77a50-e26e-4b1e-a48d-dc772c4fe110","block_type":"box","text":"1 Year","page_number":2,"box":{"x":47,"y":231,"width":34,"height":6}},{"id":"1d656d7a-fe3a-45ed-860a-67ec8aa65846","block_type":"box","text":"0.35","page_number":2,"box":{"x":136,"y":231,"width":27,"height":6}},{"id":"b32dd19b-df75-4c33-8aa6-771753f51500","block_type":"box","text":"0.41","page_number":2,"box":{"x":217,"y":231,"width":26,"height":6}},{"id":"33c8e871-9f79-49d1-911e-d6673227f206","block_type":"box","text":"0.06","page_number":2,"box":{"x":293,"y":231,"width":27,"height":6}},{"id":"4c50255e-3ab3-4a02-8dd8-3eab5c27684c","block_type":"box","text":"0.26","page_number":2,"box":{"x":374,"y":231,"width":27,"height":6}},{"id":"da5690ae-e8ef-41b2-853a-46e5ea4c8eaa","block_type":"box","text":"-0.09","page_number":2,"box":{"x":446,"y":231,"width":31,"height":6}},{"id":"84653d84-6320-4722-9ae5-9d1f92437e13","block_type":"box","text":"2 Year","page_number":2,"box":{"x":47,"y":247,"width":34,"height":6}},{"id":"c442d6b6-2dea-4c35-a516-f0220972af5d","block_type":"box","text":"-1.55","page_number":2,"box":{"x":132,"y":247,"width":31,"height":6}},{"id":"d1643226-dfde-4ecd-9a7e-b4e2f0cf555f","block_type":"box","text":"-1.47","page_number":2,"box":{"x":213,"y":247,"width":31,"height":6}},{"id":"64a8123a-be68-4e6d-8865-774db500f836","block_type":"box","text":"0.09","page_number":2,"box":{"x":293,"y":247,"width":27,"height":6}},{"id":"58f54fe4-550d-4c74-9025-821f0c3c459c","block_type":"box","text":"-1.76","page_number":2,"box":{"x":370,"y":247,"width":31,"height":6}},{"id":"a7ed7bd2-f24b-4250-a231-975c11603d4d","block_type":"box","text":"-0.21","page_number":2,"box":{"x":446,"y":247,"width":31,"height":6}},{"id":"94f91f31-fd8f-478d-9837-7dc5131a76c3","block_type":"box","text":"3 Year","page_number":2,"box":{"x":47,"y":263,"width":34,"height":6}},{"id":"5c464f16-06e4-46d4-a566-1db4bef50129","block_type":"box","text":"6.34","page_number":2,"box":{"x":136,"y":263,"width":27,"height":6}},{"id":"5626fd7e-53ec-4b7f-bbb0-ca216edca77a","block_type":"box","text":"6.44","page_number":2,"box":{"x":217,"y":263,"width":27,"height":6}},{"id":"8598925a-24e3-421c-9a50-d377d504f94a","block_type":"box","text":"0.10","page_number":2,"box":{"x":293,"y":263,"width":27,"height":6}},{"id":"962615b5-810f-4a93-9433-5bf94a1fa64f","block_type":"box","text":"5.97","page_number":2,"box":{"x":374,"y":263,"width":27,"height":6}},{"id":"22ade153-52fc-4e2e-a7b8-0816604217bd","block_type":"box","text":"-0.37","page_number":2,"box":{"x":446,"y":263,"width":31,"height":6}},{"id":"1c34d220-f5c5-45f0-a90a-84998987af3a","block_type":"box","text":"5 Year","page_number":2,"box":{"x":47,"y":279,"width":34,"height":6}},{"id":"11ecfcee-f038-4d62-a2e0-395e55b1ddc3","block_type":"box","text":"-22.11","page_number":2,"box":{"x":124,"y":279,"width":38,"height":6}},{"id":"afd4a6a3-0d10-4574-bad3-6effd743ea2e","block_type":"box","text":"-22.03","page_number":2,"box":{"x":205,"y":279,"width":39,"height":6}},{"id":"d7170ced-98fc-40ec-b18f-ea744734d29b","block_type":"box","text":"0.08","page_number":2,"box":{"x":293,"y":279,"width":27,"height":6}},{"id":"237bb4bd-9a5f-4a40-bdd0-69cceefa863a","block_type":"box","text":"-22.61","page_number":2,"box":{"x":362,"y":279,"width":39,"height":6}},{"id":"77ea9046-522c-469a-b069-e70c9dadee2d","block_type":"box","text":"-0.50","page_number":2,"box":{"x":446,"y":279,"width":31,"height":6}},{"id":"153f09cf-11aa-42f0-90d3-946515a0d4cd","block_type":"box","text":"10 Year","page_number":2,"box":{"x":47,"y":295,"width":42,"height":7}},{"id":"2e462bd1-9949-4463-a227-cccd00e7af9e","block_type":"box","text":"-16.97","page_number":2,"box":{"x":124,"y":295,"width":39,"height":7}},{"id":"c345e2df-3ca3-4986-89c3-1bca2f6ac532","block_type":"box","text":"-16.86","page_number":2,"box":{"x":205,"y":295,"width":39,"height":7}},{"id":"aed60561-8279-40c6-8ad9-7ff7fd3384e4","block_type":"box","text":"0.11","page_number":2,"box":{"x":293,"y":295,"width":27,"height":7}},{"id":"32824569-2cd5-4d2b-8129-77183d090dbc","block_type":"box","text":"-18.10","page_number":2,"box":{"x":362,"y":295,"width":39,"height":7}},{"id":"b43f6951-89d8-4b54-a19d-e86bf724e1ca","block_type":"box","text":"-1.12","page_number":2,"box":{"x":446,"y":295,"width":31,"height":6}},{"id":"ebcf6949-a798-4406-bf7b-2568df497280","block_type":"box","text":"Since","page_number":2,"box":{"x":46,"y":311,"width":30,"height":7}},{"id":"949db891-d177-4851-b042-e939d687eea8","block_type":"box","text":"Inception","page_number":2,"box":{"x":47,"y":322,"width":48,"height":8}},{"id":"8b605de9-e57c-433b-8181-483a7c0a416f","block_type":"box","text":"7.33","page_number":2,"box":{"x":136,"y":311,"width":27,"height":7}},{"id":"87c241c7-d7d4-4e1d-ba39-48b4f0f1afff","block_type":"box","text":"7.51","page_number":2,"box":{"x":217,"y":312,"width":26,"height":6}},{"id":"6fdea9d7-e49a-448a-ab3e-128a5b1626ba","block_type":"box","text":"0.18","page_number":2,"box":{"x":293,"y":311,"width":27,"height":7}},{"id":"53eff8fd-c33c-4c3a-aa35-c30821aa4bb1","block_type":"box","text":"5.22","page_number":2,"box":{"x":374,"y":311,"width":27,"height":7}},{"id":"9fa457e2-efb6-4a9c-9f18-b0d4f6e0db09","block_type":"box","text":"-2.11","page_number":2,"box":{"x":446,"y":311,"width":31,"height":7}},{"id":"f7292d4d-db45-4a5a-967e-b12164eb92fa","block_type":"box","text":"Calendar Performance (%)","page_number":2,"box":{"x":46,"y":339,"width":152,"height":7}},{"id":"1cb7a302-4019-4904-b686-3ac682d45e3c","block_type":"box","text":"2026","page_number":2,"box":{"x":47,"y":355,"width":30,"height":6}},{"id":"0f04c3f6-5b42-4388-88fe-aa9f598b5e27","block_type":"box","text":"-2.82","page_number":2,"box":{"x":132,"y":355,"width":31,"height":6}},{"id":"acf61452-5c0d-4e13-a929-eff39b691149","block_type":"box","text":"-2.79","page_number":2,"box":{"x":213,"y":355,"width":31,"height":6}},{"id":"43c1a02f-bee7-4499-9294-df355aa8419a","block_type":"box","text":"0.03","page_number":2,"box":{"x":293,"y":355,"width":27,"height":6}},{"id":"762f09d9-9cc1-43c1-b41a-b16e861cb099","block_type":"box","text":"-2.89","page_number":2,"box":{"x":370,"y":355,"width":31,"height":6}},{"id":"b55efb80-ade6-42c6-8cbd-691be056215a","block_type":"box","text":"-0.08","page_number":2,"box":{"x":446,"y":355,"width":31,"height":6}},{"id":"b2781094-b175-420b-8dba-aaa9775951dd","block_type":"box","text":"2025","page_number":2,"box":{"x":47,"y":371,"width":30,"height":6}},{"id":"53bb50e7-b0b5-412d-8a17-5535cfa7356a","block_type":"box","text":"5.02","page_number":2,"box":{"x":136,"y":371,"width":27,"height":6}},{"id":"221e048d-99f6-4cff-884d-4304f7c41728","block_type":"box","text":"5.07","page_number":2,"box":{"x":217,"y":371,"width":27,"height":6}},{"id":"4e63be99-3ae8-4f63-afbb-300a0ada87b2","block_type":"box","text":"0.05","page_number":2,"box":{"x":293,"y":371,"width":27,"height":6}},{"id":"48f4037c-d14d-4dfe-bf45-6aface55ad60","block_type":"box","text":"4.91","page_number":2,"box":{"x":374,"y":371,"width":27,"height":6}},{"id":"0b5a2013-9364-40dd-8ef2-c5199d388b9c","block_type":"box","text":"-0.11","page_number":2,"box":{"x":446,"y":371,"width":31,"height":6}},{"id":"12c5206b-1984-4861-8a9a-c07f2df2e676","block_type":"box","text":"2024","page_number":2,"box":{"x":47,"y":387,"width":31,"height":6}},{"id":"e74f4335-a791-4e8b-91b9-53f2c62fee64","block_type":"box","text":"-4.02","page_number":2,"box":{"x":132,"y":387,"width":31,"height":6}},{"id":"4b3be60e-c8b1-4255-8be9-46136bda8ea4","block_type":"box","text":"-4.00","page_number":2,"box":{"x":213,"y":387,"width":31,"height":6}},{"id":"ba46d6ed-d5a7-4767-ab71-bb88fcdf28c0","block_type":"box","text":"0.02","page_number":2,"box":{"x":293,"y":387,"width":27,"height":6}},{"id":"f8f81139-d062-414c-8955-5738e7f2d5cc","block_type":"box","text":"-4.14","page_number":2,"box":{"x":370,"y":387,"width":31,"height":6}},{"id":"fe5e96b2-ba02-419a-85b7-b3baa856b0b0","block_type":"box","text":"-0.12","page_number":2,"box":{"x":446,"y":387,"width":31,"height":6}},{"id":"be5483ad-49cf-4e89-9e8b-bbea7b628573","block_type":"box","text":"2023","page_number":2,"box":{"x":47,"y":403,"width":30,"height":7}},{"id":"ce5af1ca-d10d-426d-9dea-44cbb9286fbe","block_type":"box","text":"3.56","page_number":2,"box":{"x":136,"y":403,"width":27,"height":7}},{"id":"bec92de4-f861-4810-9cea-e5587606aed5","block_type":"box","text":"3.58","page_number":2,"box":{"x":217,"y":403,"width":27,"height":7}},{"id":"0e6612ae-a28e-4c63-ab43-fcad2649f13d","block_type":"box","text":"0.01","page_number":2,"box":{"x":293,"y":403,"width":27,"height":7}},{"id":"99ab1213-7087-4d6e-88b4-5ec4d7ff707d","block_type":"box","text":"3.42","page_number":2,"box":{"x":374,"y":403,"width":27,"height":7}},{"id":"3f678844-eb37-4cbc-b0a9-58ac35c46af8","block_type":"box","text":"-0.14","page_number":2,"box":{"x":446,"y":403,"width":32,"height":7}},{"id":"644ec1ca-d296-490a-b8e4-8d850807b928","block_type":"box","text":"2022","page_number":2,"box":{"x":47,"y":419,"width":30,"height":7}},{"id":"c816094e-19bb-4f40-9d7c-2c5b6e6b6c38","block_type":"box","text":"-25.11","page_number":2,"box":{"x":124,"y":419,"width":38,"height":7}},{"id":"4c872f04-7697-44df-bf33-675ff0bfd4cc","block_type":"box","text":"-25.12","page_number":2,"box":{"x":205,"y":419,"width":39,"height":7}},{"id":"f2092cc0-8857-41e2-a1ca-c13e96f9fa72","block_type":"box","text":"-0.01","page_number":2,"box":{"x":289,"y":419,"width":31,"height":7}},{"id":"ae0174d9-091d-4968-8a32-dc95ce12a503","block_type":"box","text":"-25.23","page_number":2,"box":{"x":362,"y":419,"width":39,"height":7}},{"id":"33f30ebc-3d4f-405a-bb6a-d7eace51b709","block_type":"box","text":"-0.12","page_number":2,"box":{"x":446,"y":419,"width":31,"height":7}},{"id":"3d110e88-f828-4287-a3db-314d9c8bdb24","block_type":"box","text":"2021","page_number":2,"box":{"x":47,"y":435,"width":30,"height":7}},{"id":"6fe9b8ac-5beb-4f17-b3bc-e6bd3dc6ad8b","block_type":"box","text":"-5.27","page_number":2,"box":{"x":132,"y":435,"width":31,"height":7}},{"id":"ef2a831b-b62c-4059-8c4a-a06c33115ad1","block_type":"box","text":"-5.28","page_number":2,"box":{"x":213,"y":435,"width":31,"height":7}},{"id":"372da243-0d93-4ecd-9c0d-b55b8441e10a","block_type":"box","text":"-0.01","page_number":2,"box":{"x":289,"y":435,"width":31,"height":7}},{"id":"dce3d399-071d-4ec1-aa07-8dbabaa97b5c","block_type":"box","text":"-5.42","page_number":2,"box":{"x":370,"y":435,"width":31,"height":7}},{"id":"4c68de45-25df-42fd-9c72-7522178a80dd","block_type":"box","text":"-0.15","page_number":2,"box":{"x":446,"y":435,"width":31,"height":7}},{"id":"5c0fa274-19b6-40be-9ca6-8c41072d86a2","block_type":"box","text":"Fund (%)","page_number":2,"box":{"x":428,"y":468,"width":50,"height":7}},{"id":"a3bbc8ce-41a2-42ff-ab74-b64adb2234db","block_type":"box","text":"Standard Deviation (3 Years)","page_number":2,"box":{"x":46,"y":485,"width":164,"height":7}},{"id":"0aa2b0e6-7e1b-402c-a6b2-b72bfe19b7d9","block_type":"box","text":"6.84","page_number":2,"box":{"x":451,"y":485,"width":27,"height":6}},{"id":"4b2cf376-abc5-44c5-bf48-f36e6f35ddff","block_type":"box","text":"Annualised Tracking Error (3 Years)","page_number":2,"box":{"x":46,"y":501,"width":204,"height":8}},{"id":"65ab959b-09a6-4b92-905b-0bbcc35213f7","block_type":"box","text":"0.05","page_number":2,"box":{"x":451,"y":501,"width":26,"height":6}},{"id":"a2e47a8e-d09c-4122-aba0-6e42e745d2a4","block_type":"box","text":"Past performance is not an indicator of future performance. The Gross of fees do not","page_number":2,"box":{"x":47,"y":517,"width":435,"height":8}},{"id":"b8fd4430-c614-4048-aa59-87798043de3c","block_type":"box","text":"reflect and net of fees do reflect commissions and costs incurred on the issue and","page_number":2,"box":{"x":47,"y":528,"width":418,"height":6}},{"id":"7c556b88-1041-457e-82b9-66a5c3841a66","block_type":"box","text":"redemption, or purchases and sale, of units. If the performance is calculated on the","page_number":2,"box":{"x":47,"y":539,"width":423,"height":7}},{"id":"7cdba1e9-6785-47c9-a246-8b366a29cb90","block_type":"box","text":"basis of Gross/net asset values that are not denominated in the accounting currency","page_number":2,"box":{"x":47,"y":549,"width":433,"height":8}},{"id":"f6f9271b-2d14-4130-a66b-0a76e331def3","block_type":"box","text":"of the collective investment scheme, its value may rise or fall as a result of currency","page_number":2,"box":{"x":46,"y":560,"width":426,"height":8}},{"id":"053d14d7-83bf-49d9-bd05-dbc4111fb5f5","block_type":"box","text":"fluctuations.","page_number":2,"box":{"x":46,"y":571,"width":63,"height":6}},{"id":"52726abe-1ea6-434c-b03a-103a20d06779","block_type":"box","text":"When the Fund is closed according to its official Net Asset Value (NAV) calendar","page_number":2,"box":{"x":46,"y":581,"width":412,"height":8}},{"id":"d5a5254b-d273-497c-ad96-7a16a95a1331","block_type":"box","text":"but, nonetheless, a significant portion of the underlying security prices can be","page_number":2,"box":{"x":47,"y":592,"width":396,"height":8}},{"id":"e9bba571-c775-46f9-acad-16334116f7cf","block_type":"box","text":"determined, a Technical NAV is calculated. Past Performance indicated herein has","page_number":2,"box":{"x":46,"y":603,"width":423,"height":7}},{"id":"0b007b1b-85ae-4b6f-83cf-bb7e27390df4","block_type":"box","text":"therefore been calculated using a Technical NAV when required, as well as the official","page_number":2,"box":{"x":46,"y":614,"width":437,"height":7}},{"id":"2bfccf30-d265-4ce1-bbb0-1d01880aa9d3","block_type":"box","text":"NAV of the Fund as at each other business day for the relevant period.","page_number":2,"box":{"x":47,"y":624,"width":357,"height":8}},{"id":"d8e65549-5c02-4fef-9e77-76ea7959e3e6","block_type":"box","text":"Calendar year inception performance returns will be partial for the year where the","page_number":2,"box":{"x":46,"y":635,"width":419,"height":8}},{"id":"53d24317-7326-43f5-a980-17fb035ae4ee","block_type":"box","text":"inception date for either the Fund in question or the historic performance-linked Fund","page_number":2,"box":{"x":47,"y":646,"width":437,"height":7}},{"id":"973db909-f9a2-4a76-87ef-ba3e13bf0425","block_type":"box","text":"(whichever is the earliest) falls within that period.","page_number":2,"box":{"x":46,"y":656,"width":248,"height":8}},{"id":"4dc97461-d8c5-4e3f-9e23-e7cab507a2f0","block_type":"box","text":"Characteristics","page_number":2,"box":{"x":46,"y":687,"width":88,"height":6}},{"id":"f28ec8ec-899f-4ef3-b1df-e36838e7b64f","block_type":"box","text":"Number of Holdings","page_number":2,"box":{"x":47,"y":703,"width":105,"height":8}},{"id":"1592aaeb-9d45-4459-a5c4-e39912f802fd","block_type":"box","text":"81","page_number":2,"box":{"x":289,"y":703,"width":14,"height":7}},{"id":"8e6dd93d-a4fe-47ff-b6af-396bd56ae44e","block_type":"box","text":"Average Maturity in Years","page_number":2,"box":{"x":46,"y":720,"width":136,"height":7}},{"id":"921470da-0dea-48b0-bf02-00ab89904bba","block_type":"box","text":"11.11","page_number":2,"box":{"x":290,"y":720,"width":33,"height":6}},{"id":"3146a929-aa1e-4baf-90f7-2efae5df8e84","block_type":"box","text":"Effective Convexity","page_number":2,"box":{"x":47,"y":736,"width":102,"height":7}},{"id":"481b00a2-e51d-4109-ae1e-26ff106e4e98","block_type":"box","text":"1.13%","page_number":2,"box":{"x":290,"y":736,"width":36,"height":6}},{"id":"c026dedd-12a5-4ae5-b7bd-8147bd64f507","block_type":"box","text":"Effective Duration","page_number":2,"box":{"x":47,"y":752,"width":94,"height":6}},{"id":"02059ace-9909-4e08-95cc-2c084d65563f","block_type":"box","text":"7.68","page_number":2,"box":{"x":289,"y":752,"width":27,"height":6}},{"id":"a79b2056-cf02-4cf7-bea9-8526c5853a5c","block_type":"box","text":"Yield to Maturity","page_number":2,"box":{"x":46,"y":768,"width":87,"height":8}},{"id":"6d9d1f32-2360-476f-b119-b0a7e7b88e14","block_type":"box","text":"5.28%","page_number":2,"box":{"x":289,"y":768,"width":37,"height":6}},{"id":"b09f1903-6aab-49bc-8e8d-f8f257c1d65d","block_type":"box","text":"†Distribution Yield","page_number":2,"box":{"x":46,"y":784,"width":95,"height":6}},{"id":"fe9b4108-c41b-449f-9832-8c07176bd7ad","block_type":"box","text":"4.14%","page_number":2,"box":{"x":289,"y":784,"width":37,"height":6}},{"id":"c0810986-dfc8-49d5-b96c-b64bd70a249e","block_type":"box","text":"† This measures the 12 month historical dividend pay-out per share divided by the","page_number":2,"box":{"x":46,"y":802,"width":417,"height":8}},{"id":"3dbcfd78-c412-4831-add5-e20df0270844","block_type":"box","text":"NAV.","page_number":2,"box":{"x":47,"y":813,"width":24,"height":6}},{"id":"a989c4e5-aee1-484f-bccf-e9fdc5755461","block_type":"box","text":"Source: State Street Investment Management Characteristics, holdings, country","page_number":2,"box":{"x":46,"y":826,"width":413,"height":7}},{"id":"df6c28fc-9433-40bb-839a-d6dbc5421a44","block_type":"box","text":"allocations and sectors shown are as of date indicated at the top of this factsheet","page_number":2,"box":{"x":46,"y":836,"width":416,"height":8}},{"id":"e3de5367-82e5-4f56-89d1-e38c130a6a5c","block_type":"box","text":"and are subject to change. Any reference to a specific company or security does not","page_number":2,"box":{"x":46,"y":847,"width":433,"height":8}},{"id":"0ea20017-8a6d-4f51-9665-458e128cfd42","block_type":"box","text":"constitute a recommendation to buy, sell, hold or invest directly in such company or","page_number":2,"box":{"x":46,"y":858,"width":428,"height":7}},{"id":"1c54fbe7-d774-45b0-b990-81b92ee19d66","block_type":"box","text":"securities.","page_number":2,"box":{"x":46,"y":868,"width":52,"height":7}},{"id":"f82e8c8d-c73c-484f-a391-0fb5726daf5d","block_type":"box","text":"Top 10 Holdings","page_number":2,"box":{"x":515,"y":43,"width":92,"height":7}},{"id":"09231699-6b9c-4995-9ff3-0abfd0e037d2","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":885,"y":42,"width":61,"height":8}},{"id":"4737ff42-e8c2-415e-b4f0-6ec8d7f92e94","block_type":"box","text":"UNITED KINGDOM GILT 4.375 03/07/2028","page_number":2,"box":{"x":515,"y":59,"width":245,"height":7}},{"id":"43353f36-d81e-4a24-aa65-fe3594f1eaeb","block_type":"box","text":"2.87","page_number":2,"box":{"x":920,"y":59,"width":26,"height":6}},{"id":"404d364d-d7fa-4f4d-8d92-081d541ff7f7","block_type":"box","text":"UNITED KINGDOM GILT 4.375 03/07/2030","page_number":2,"box":{"x":515,"y":75,"width":245,"height":7}},{"id":"b9aceecb-6bea-476a-a1f7-e1a9bbac23db","block_type":"box","text":"2.81","page_number":2,"box":{"x":920,"y":75,"width":26,"height":6}},{"id":"333e0904-ea62-481f-9745-ea0d4e4028d6","block_type":"box","text":"UNITED KINGDOM GILT 4 05/22/2029","page_number":2,"box":{"x":515,"y":91,"width":217,"height":7}},{"id":"d628d5e1-5d2f-4723-9677-abd2050f9ffc","block_type":"box","text":"2.64","page_number":2,"box":{"x":920,"y":91,"width":27,"height":7}},{"id":"d93b3a33-8dbc-4da3-99c4-9bd505187688","block_type":"box","text":"UNITED KINGDOM GILT 4.75 12/07/2030","page_number":2,"box":{"x":515,"y":107,"width":237,"height":7}},{"id":"8a681cc2-fdd0-432e-98e9-70ca407224c3","block_type":"box","text":"2.61","page_number":2,"box":{"x":920,"y":107,"width":26,"height":7}},{"id":"1faaa7bd-f5d3-4a17-95fb-ebd7b3a38069","block_type":"box","text":"UNITED KINGDOM GILT 4.75 10/22/2035","page_number":2,"box":{"x":515,"y":123,"width":237,"height":7}},{"id":"8c92f302-5ec9-4682-8852-1784f0d6a8bc","block_type":"box","text":"2.59","page_number":2,"box":{"x":920,"y":123,"width":26,"height":7}},{"id":"99851e77-bae5-44e1-9403-f8e781061aeb","block_type":"box","text":"UNITED KINGDOM GILT 4.25 06/07/2032","page_number":2,"box":{"x":515,"y":139,"width":237,"height":7}},{"id":"159891a4-4402-410d-b7f2-beafbf760e77","block_type":"box","text":"2.53","page_number":2,"box":{"x":920,"y":140,"width":26,"height":6}},{"id":"ed426d16-8818-43cc-a964-b817bfc54a36","block_type":"box","text":"UNITED KINGDOM GILT 4.5 03/07/2035","page_number":2,"box":{"x":515,"y":156,"width":229,"height":7}},{"id":"97bd177c-1cc2-430e-b871-76e269e4ec0b","block_type":"box","text":"2.46","page_number":2,"box":{"x":920,"y":156,"width":26,"height":6}},{"id":"d7de6cb8-0cef-4de7-805c-472d4a375780","block_type":"box","text":"UNITED KINGDOM GILT 4.125 03/07/2031","page_number":2,"box":{"x":515,"y":172,"width":245,"height":7}},{"id":"09c0b8cb-6d0c-4038-a361-577ef698dd16","block_type":"box","text":"2.42","page_number":2,"box":{"x":920,"y":172,"width":26,"height":6}},{"id":"aeaf7c21-5548-4415-a69c-46612c7d4a98","block_type":"box","text":"UNITED KINGDOM GILT 4.125 07/22/2029","page_number":2,"box":{"x":515,"y":188,"width":245,"height":7}},{"id":"8ac09bad-a4d7-4bd5-b25b-5703680a7972","block_type":"box","text":"2.39","page_number":2,"box":{"x":920,"y":188,"width":26,"height":6}},{"id":"42ddcae5-469d-42ab-b9b0-02b74c9ddf1f","block_type":"box","text":"UNITED KINGDOM GILT 4 10/22/2031","page_number":2,"box":{"x":515,"y":204,"width":216,"height":7}},{"id":"57021766-7cca-4a2e-80d0-4377a5232549","block_type":"box","text":"2.28","page_number":2,"box":{"x":920,"y":204,"width":26,"height":6}},{"id":"20811f2a-ae5b-401d-85a6-fc5c5832cf75","block_type":"box","text":"Credit Quality Breakdown","page_number":2,"box":{"x":515,"y":240,"width":147,"height":8}},{"id":"594760db-0cc0-4fc1-bfef-1f6d406d6753","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":885,"y":240,"width":61,"height":8}},{"id":"4e3397e3-5b56-4dfd-bfe1-acd1338aa62f","block_type":"box","text":"Aaa","page_number":2,"box":{"x":515,"y":257,"width":21,"height":6}},{"id":"2e36f711-2d6f-43ba-ba6d-9d0725aeb360","block_type":"box","text":"0.05","page_number":2,"box":{"x":919,"y":257,"width":27,"height":6}},{"id":"189b7b20-f961-44b6-851e-2e473e1abaa6","block_type":"box","text":"Aa","page_number":2,"box":{"x":515,"y":273,"width":15,"height":6}},{"id":"99eded79-346d-4cba-a4ba-855a002d4749","block_type":"box","text":"99.95","page_number":2,"box":{"x":911,"y":273,"width":35,"height":6}},{"id":"956f0d87-b5ce-428a-8648-a02f007422ea","block_type":"box","text":"Credit quality rating is based on an average of Moody's, S&P, and Fitch.","page_number":2,"box":{"x":515,"y":291,"width":362,"height":8}},{"id":"364cb485-ff3e-4372-9fb9-942e6b5bc5a9","block_type":"box","text":"Sector Breakdown","page_number":2,"box":{"x":515,"y":322,"width":105,"height":6}},{"id":"90ef31f5-77b7-4f7e-b462-6d6fe3df08d9","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":885,"y":322,"width":61,"height":7}},{"id":"16c74f83-b30f-471a-9cf4-d81481e24ae7","block_type":"box","text":"Treasury","page_number":2,"box":{"x":515,"y":338,"width":47,"height":8}},{"id":"c68921c8-5943-43bd-846c-89d2970288b6","block_type":"box","text":"99.95","page_number":2,"box":{"x":911,"y":338,"width":35,"height":6}},{"id":"9970ec2e-5623-425f-9fef-0c1637c263c8","block_type":"box","text":"Cash","page_number":2,"box":{"x":515,"y":354,"width":27,"height":7}},{"id":"1ee99f9d-cd5b-4008-a62e-635b66878bd7","block_type":"box","text":"0.05","page_number":2,"box":{"x":919,"y":354,"width":27,"height":7}},{"id":"25eb699f-5ec3-4e5f-b079-04a657863fbf","block_type":"box","text":"Maturity Breakdown","page_number":2,"box":{"x":515,"y":391,"width":116,"height":7}},{"id":"ac9c6e7a-e1af-4462-a055-8b87efd18207","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":885,"y":390,"width":61,"height":8}},{"id":"216e27d8-b7e1-485c-94a6-8375f2e0eb97","block_type":"box","text":"0 - 1 Year","page_number":2,"box":{"x":515,"y":407,"width":52,"height":6}},{"id":"0ea2b0e8-32d2-4f36-bca3-b036255f8594","block_type":"box","text":"0.05","page_number":2,"box":{"x":919,"y":407,"width":27,"height":6}},{"id":"6fb8c440-5606-4b21-a883-ce35ed67c318","block_type":"box","text":"1 - 3 Years","page_number":2,"box":{"x":516,"y":423,"width":57,"height":6}},{"id":"bc06f7c7-3879-485d-b6d9-44a446fb0d13","block_type":"box","text":"19.06","page_number":2,"box":{"x":912,"y":423,"width":34,"height":6}},{"id":"1490d7a3-3636-43e8-b571-7a7e66bcac23","block_type":"box","text":"3 - 5 Years","page_number":2,"box":{"x":515,"y":439,"width":58,"height":6}},{"id":"3fbe75fe-d4ac-4c4c-a3f2-0540dff65b95","block_type":"box","text":"14.12","page_number":2,"box":{"x":912,"y":439,"width":34,"height":6}},{"id":"83575f74-2733-4d5e-9d8b-815f4c1eabb4","block_type":"box","text":"5 - 7 Years","page_number":2,"box":{"x":515,"y":455,"width":58,"height":7}},{"id":"6b33ff4f-4103-4633-825c-d7e1b6d57958","block_type":"box","text":"12.44","page_number":2,"box":{"x":912,"y":455,"width":35,"height":6}},{"id":"e0583868-c5af-4cf5-a130-b36495cd1cd1","block_type":"box","text":"7 - 10 Years","page_number":2,"box":{"x":515,"y":471,"width":66,"height":7}},{"id":"c910f00f-35a1-4704-93ea-ae2f0946c907","block_type":"box","text":"15.97","page_number":2,"box":{"x":912,"y":471,"width":34,"height":7}},{"id":"aef167e1-10fd-4c6d-b371-2c765f222fd9","block_type":"box","text":"10 - 20 Years","page_number":2,"box":{"x":516,"y":488,"width":73,"height":6}},{"id":"68f4f15d-3dfa-481b-9da8-1f2207cb76d5","block_type":"box","text":"20.29","page_number":2,"box":{"x":912,"y":488,"width":34,"height":6}},{"id":"d049fc86-b5eb-4af2-b42e-ec58c1e08fdd","block_type":"box","text":"> 20 Years","page_number":2,"box":{"x":516,"y":504,"width":58,"height":6}},{"id":"cc75bc23-c99b-4047-b8b6-ee193506b159","block_type":"box","text":"18.06","page_number":2,"box":{"x":912,"y":504,"width":34,"height":6}},{"id":"5a40c4cc-1e9c-4719-986e-9709f04bb470","block_type":"box","text":"Country Weights","page_number":2,"box":{"x":515,"y":540,"width":95,"height":8}},{"id":"af5e529b-488a-4dbf-a278-7ba277baeb77","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":885,"y":540,"width":61,"height":8}},{"id":"98aceab0-75aa-4b4e-8f89-3a1ca42972cb","block_type":"box","text":"United Kingdom","page_number":2,"box":{"x":515,"y":556,"width":84,"height":8}},{"id":"15f2e2d9-1e41-42e0-b7d7-dad3780c8a0d","block_type":"box","text":"100.00","page_number":2,"box":{"x":904,"y":556,"width":42,"height":6}},{"id":"874f7700-bb72-406d-97bb-a5a1aac4d64a","block_type":"box","text":"Contact Us","page_number":2,"box":{"x":515,"y":605,"width":79,"height":8}},{"id":"88b10b0d-24be-4e81-b90a-33f4f87914c7","block_type":"box","text":"Visit our website at","page_number":2,"box":{"x":515,"y":633,"width":125,"height":8}},{"id":"42f944de-2fe2-4b56-8d30-6d7da5d2de05","block_type":"box","text":"ssga.com/etfs","page_number":2,"box":{"x":640,"y":633,"width":91,"height":10}},{"id":"93c56b83-6baa-45a1-b56b-dc71cecf4c0d","block_type":"box","text":"or contact your local SPDR ETF","page_number":2,"box":{"x":731,"y":633,"width":210,"height":10}},{"id":"5c23a4d5-0ff6-4211-965f-88db1cce22e3","block_type":"box","text":"representative. Alternatively contact our SPDR ETF Sales and","page_number":2,"box":{"x":516,"y":648,"width":401,"height":9}},{"id":"4fc25def-679e-4764-a640-7e3fa7790722","block_type":"box","text":"Support team at","page_number":2,"box":{"x":515,"y":662,"width":109,"height":9}},{"id":"f09e2f27-d4f5-4324-aac8-18fd4af8cfa4","block_type":"box","text":"spdrseurope","page_number":2,"box":{"x":624,"y":662,"width":83,"height":9}},{"id":"4c8b62a0-87fc-430b-b9e5-cea6d1edcd07","block_type":"box","text":"@ssga.com","page_number":2,"box":{"x":708,"y":663,"width":73,"height":9}},{"id":"802310a0-7776-417e-87ae-662f6ab0c694","block_type":"box","text":".","page_number":2,"box":{"x":782,"y":668,"width":2,"height":1}},{"id":"e1e53972-18cf-4ae4-a27b-82c7719ac59d","block_type":"box","text":"France & Luxembourg","page_number":2,"box":{"x":515,"y":686,"width":157,"height":10}},{"id":"b5b75fad-df9c-46a7-af07-23f04ded8995","block_type":"box","text":"spdretf_france@ssga.com","page_number":2,"box":{"x":515,"y":701,"width":173,"height":9}},{"id":"907c9824-b560-4fa5-904a-74a2b4fc1bfc","block_type":"box","text":"+33 1 44 45 40 00","page_number":2,"box":{"x":516,"y":715,"width":121,"height":8}},{"id":"d0d5ec83-cfed-4b8d-9014-6a9884d40ddf","block_type":"box","text":"Germany","page_number":2,"box":{"x":749,"y":686,"width":67,"height":10}},{"id":"9a456763-4b8e-499d-aee0-291eb3bf24d4","block_type":"box","text":"spdrsgermany@ssga.com","page_number":2,"box":{"x":749,"y":701,"width":171,"height":9}},{"id":"cf796f0b-c6dd-4007-8b5d-f24f0b0ee5ff","block_type":"box","text":"+49 69 66774 5016","page_number":2,"box":{"x":750,"y":715,"width":130,"height":8}},{"id":"cdbc6900-ad75-46ea-becc-451d429d803b","block_type":"box","text":"Italy","page_number":2,"box":{"x":515,"y":736,"width":31,"height":9}},{"id":"03a68fbe-bf80-4979-a68a-b56c77973729","block_type":"box","text":"spdretf_italia@ssga.com","page_number":2,"box":{"x":515,"y":750,"width":161,"height":10}},{"id":"fff50ab2-31d7-46be-828f-0b86bdc444f0","block_type":"box","text":"+39 0232066 140","page_number":2,"box":{"x":516,"y":764,"width":120,"height":8}},{"id":"2753e7ae-23fc-4a4c-9161-33cc5339bfcb","block_type":"box","text":"Netherlands","page_number":2,"box":{"x":750,"y":736,"width":87,"height":8}},{"id":"e97d3327-6653-4f93-a573-f0c23cc8a162","block_type":"box","text":"spdr_nl@ssga.com","page_number":2,"box":{"x":749,"y":750,"width":124,"height":10}},{"id":"9dc7fd35-05b3-4377-b50f-b0d62d62f0e0","block_type":"box","text":"+31 (0)20-7181071","page_number":2,"box":{"x":750,"y":764,"width":115,"height":9}},{"id":"4011766a-36d3-4f0a-8b47-5f4d02067e41","block_type":"box","text":"Nordics","page_number":2,"box":{"x":515,"y":785,"width":55,"height":8}},{"id":"7eac8ce4-73e9-44b8-8b48-853879a27f05","block_type":"box","text":"spdrseurope@ssga.com","page_number":2,"box":{"x":515,"y":800,"width":160,"height":9}},{"id":"80d2b824-f8d2-4d61-9453-6618fbe9cbfd","block_type":"box","text":"+31 (0)20-7181071","page_number":2,"box":{"x":516,"y":814,"width":115,"height":8}},{"id":"5ea699b3-4f15-4b25-ab43-76f75449fbf2","block_type":"box","text":"Spain","page_number":2,"box":{"x":749,"y":785,"width":40,"height":10}},{"id":"4986d4e2-7882-4dcf-9df8-d0e79115bc2e","block_type":"box","text":"spdrseurope@ssga.com","page_number":2,"box":{"x":749,"y":800,"width":160,"height":9}},{"id":"41cb3e69-5eda-43c2-88d0-327deb86fc03","block_type":"box","text":"+39 0232066 140","page_number":2,"box":{"x":750,"y":814,"width":120,"height":7}},{"id":"8cbb42fc-5949-4eba-89b5-13b75e835dfb","block_type":"box","text":"Switzerland","page_number":2,"box":{"x":515,"y":835,"width":84,"height":7}},{"id":"20642809-93aa-4e2d-8e2a-d3d57643cb04","block_type":"box","text":"spdrsswitzerland@ssga.com","page_number":2,"box":{"x":515,"y":849,"width":188,"height":10}},{"id":"cbc29de8-16e3-4df9-a87d-3d15cad7e5bd","block_type":"box","text":"+ 41 (0)44 245 70 00","page_number":2,"box":{"x":516,"y":863,"width":139,"height":9}},{"id":"79ee5877-7721-4652-9837-096e3d9dadca","block_type":"box","text":"United Kingdom","page_number":2,"box":{"x":750,"y":835,"width":113,"height":9}},{"id":"d535417e-a873-4887-a205-b7b58c6c5892","block_type":"box","text":"spdrseurope@ssga.com","page_number":2,"box":{"x":749,"y":849,"width":160,"height":10}},{"id":"b306bf80-a9e5-41ca-8f9e-9baa5fce42bc","block_type":"box","text":"+44 (0) 203 395 6888","page_number":2,"box":{"x":750,"y":863,"width":148,"height":9}},{"id":"90de0530-48b4-458f-a198-e9cbdbfe0701","block_type":"box","text":"3","page_number":3,"box":{"x":515,"y":962,"width":8,"height":8}},{"id":"829a86bf-f51e-4f8d-8481-1db16949b790","block_type":"box","text":"ssga.com/etfs","page_number":3,"box":{"x":46,"y":272,"width":124,"height":12}},{"id":"0bbee143-bb1f-42f4-a3a2-5feaa70bacc0","block_type":"box","text":"State Street Global Advisors (SSGA) is now","page_number":3,"box":{"x":46,"y":295,"width":201,"height":7}},{"id":"c72e3f05-fb0b-4a84-9329-18f70a1a78ea","block_type":"box","text":"State Street Investment Management.","page_number":3,"box":{"x":46,"y":304,"width":180,"height":8}},{"id":"7f67a8df-52a4-4ee9-a0fa-299b4d9fa82f","block_type":"box","text":"Please go to","page_number":3,"box":{"x":46,"y":314,"width":56,"height":7}},{"id":"4da7d93b-9c24-4bb3-9cec-9ce3ee17cfd7","block_type":"box","text":"statestreet.com/investment","page_number":3,"box":{"x":105,"y":314,"width":136,"height":7}},{"id":"a07d1c2d-4b47-42e0-a327-0802ac0daa80","block_type":"box","text":"management","page_number":3,"box":{"x":46,"y":324,"width":63,"height":7}},{"id":"e16bc956-a2cc-4b79-a5d4-981d94f4e45e","block_type":"box","text":"for more information.","page_number":3,"box":{"x":111,"y":323,"width":101,"height":6}},{"id":"29cf518a-49a9-4030-9c68-483209de6187","block_type":"box","text":"Glossary","page_number":3,"box":{"x":46,"y":353,"width":41,"height":8}},{"id":"e5ede286-18e3-459b-9805-acdcb2ad9d82","block_type":"box","text":"Effective Convexity","page_number":3,"box":{"x":46,"y":372,"width":91,"height":8}},{"id":"0eb89ddc-cc34-4096-be3e-f2dba527a0e5","block_type":"box","text":"A measure of the","page_number":3,"box":{"x":144,"y":372,"width":72,"height":6}},{"id":"e2863d9f-4719-47bf-84be-ebd3a8d9afeb","block_type":"box","text":"curvature in the relationship between bond","page_number":3,"box":{"x":46,"y":382,"width":182,"height":7}},{"id":"e3774dfc-7aab-49b9-975f-8e4ad421d3f8","block_type":"box","text":"prices and bond yields that demonstrates how","page_number":3,"box":{"x":47,"y":391,"width":196,"height":8}},{"id":"c25f8900-d73e-4720-9bb0-ccd83002c6af","block_type":"box","text":"the duration of a bond changes as the interest","page_number":3,"box":{"x":46,"y":401,"width":194,"height":7}},{"id":"d9a86aa2-b7e4-4c07-9321-a6fedcbef9ff","block_type":"box","text":"rate changes.","page_number":3,"box":{"x":47,"y":410,"width":56,"height":8}},{"id":"8cb75d5c-32ac-4efd-8432-0c6d6381900f","block_type":"box","text":"Effective Duration","page_number":3,"box":{"x":46,"y":420,"width":85,"height":6}},{"id":"fe5c2c8c-7356-4d5f-ab23-829f655d6a8c","block_type":"box","text":"A duration calculation for","page_number":3,"box":{"x":138,"y":420,"width":107,"height":6}},{"id":"9e3a8454-184d-46e3-91fe-1bd91cc90055","block_type":"box","text":"bonds that have embedded options. This","page_number":3,"box":{"x":47,"y":429,"width":172,"height":8}},{"id":"44770576-c1b9-4060-b484-a5c0c3516ac2","block_type":"box","text":"measure of duration takes into account the fact","page_number":3,"box":{"x":47,"y":439,"width":200,"height":6}},{"id":"26c49485-9d41-4004-b457-25913307630b","block_type":"box","text":"that expected cash flows will fluctuate as","page_number":3,"box":{"x":46,"y":448,"width":174,"height":8}},{"id":"f93be737-332f-4938-9d1d-b918454ae78b","block_type":"box","text":"interest rates change. Effective duration can be","page_number":3,"box":{"x":47,"y":458,"width":198,"height":7}},{"id":"321173d5-023d-4dc2-b461-a7036e8f17e7","block_type":"box","text":"estimated using modified duration if a bond","page_number":3,"box":{"x":46,"y":467,"width":184,"height":8}},{"id":"f33b43a6-07f2-4572-9c9d-1bcdc4a28d17","block_type":"box","text":"with embedded options behaves like an","page_number":3,"box":{"x":46,"y":477,"width":167,"height":7}},{"id":"801fc6ac-5adf-4136-812d-51335e8158b1","block_type":"box","text":"option-free bond.","page_number":3,"box":{"x":46,"y":486,"width":73,"height":8}},{"id":"96b8a916-72b7-49b2-aa24-647de7adca79","block_type":"box","text":"Yield to Maturity","page_number":3,"box":{"x":46,"y":496,"width":79,"height":7}},{"id":"d9a5a37d-5df7-4af7-bd2d-591f454ff3fa","block_type":"box","text":"The total return anticipated","page_number":3,"box":{"x":132,"y":496,"width":116,"height":7}},{"id":"039375fc-ac9f-47bd-96e1-6774779038e5","block_type":"box","text":"on a bond if the bond is held until it matures.","page_number":3,"box":{"x":46,"y":505,"width":187,"height":6}},{"id":"eef2ba26-297d-4a1b-ba3f-d3befb0e784f","block_type":"box","text":"Yield to maturity is considered a long-term bond","page_number":3,"box":{"x":46,"y":515,"width":203,"height":7}},{"id":"32f4578e-bf71-44f8-8108-20ff9ef33762","block_type":"box","text":"yield, but is expressed as an annual rate. In","page_number":3,"box":{"x":46,"y":524,"width":180,"height":8}},{"id":"17bdf492-292a-49de-a558-46fd51ec01fc","block_type":"box","text":"other words, it is the internal rate of return (IRR)","page_number":3,"box":{"x":46,"y":534,"width":201,"height":7}},{"id":"b5c48105-3498-465b-99b6-c058db64db89","block_type":"box","text":"of an investment in a bond if the investor holds","page_number":3,"box":{"x":46,"y":543,"width":197,"height":6}},{"id":"3e99cd51-98d9-430f-a420-5ba13f72aa46","block_type":"box","text":"the bond until maturity and if all payments are","page_number":3,"box":{"x":46,"y":553,"width":195,"height":7}},{"id":"9d4834f8-c5a6-4470-88b2-0e15dc62d08b","block_type":"box","text":"made as scheduled.","page_number":3,"box":{"x":47,"y":562,"width":83,"height":6}},{"id":"7fec5f5f-3700-4c8f-8938-9afc6d654944","block_type":"box","text":"Distribution Yield","page_number":3,"box":{"x":46,"y":572,"width":82,"height":6}},{"id":"2e5bf7bd-a76d-4d98-88ae-e159da54b566","block_type":"box","text":"The Annual dividends per","page_number":3,"box":{"x":135,"y":572,"width":109,"height":7}},{"id":"30cb2ecc-cf2d-4694-be65-b55b8f00ebe1","block_type":"box","text":"share (DPS) of the fund divided by the share","page_number":3,"box":{"x":46,"y":581,"width":185,"height":8}},{"id":"b1b936c6-079e-4140-af07-5c4755d21f1d","block_type":"box","text":"price of the fund.","page_number":3,"box":{"x":47,"y":591,"width":70,"height":7}},{"id":"692f83a6-5650-4b04-9a2c-5af904e2f758","block_type":"box","text":"Delta","page_number":3,"box":{"x":46,"y":600,"width":25,"height":6}},{"id":"48a29fc2-57ff-49d6-ac37-b6bdb28ab1fd","block_type":"box","text":"A measure of equity sensitivity showing","page_number":3,"box":{"x":78,"y":600,"width":168,"height":8}},{"id":"9bc8de4f-8e27-44e3-a7d2-6934411b6549","block_type":"box","text":"the relationship between a percent change in","page_number":3,"box":{"x":46,"y":610,"width":190,"height":7}},{"id":"0836ebb4-8d9c-4fe3-bcb1-afa870e9205f","block_type":"box","text":"stock price and corresponding expected","page_number":3,"box":{"x":46,"y":619,"width":170,"height":8}},{"id":"20d6f13d-ffda-4898-b5a3-37e6ecb881e2","block_type":"box","text":"percent change in convertible price; it is also","page_number":3,"box":{"x":47,"y":629,"width":187,"height":7}},{"id":"b8b22b66-ddd2-472e-ac51-157c0a6e2b04","block_type":"box","text":"known as price elasticity.","page_number":3,"box":{"x":47,"y":638,"width":104,"height":8}},{"id":"f611f147-3d7e-4d56-9203-c88e0a2646ed","block_type":"box","text":"TER","page_number":3,"box":{"x":46,"y":648,"width":19,"height":6}},{"id":"2e55d829-ef7f-4919-b650-93e4d46393fe","block_type":"box","text":"Total Expense Ratio is a fee charged to","page_number":3,"box":{"x":72,"y":648,"width":162,"height":7}},{"id":"208e8f2b-5706-447e-a6f3-ba6fd4305da6","block_type":"box","text":"the fund, as a percentage of the Net Asset","page_number":3,"box":{"x":46,"y":657,"width":177,"height":8}},{"id":"3421fc56-91c0-49d8-895d-3c346556666e","block_type":"box","text":"Value, to cover costs associated with operation","page_number":3,"box":{"x":46,"y":667,"width":198,"height":7}},{"id":"7b7d141c-3bc4-42d9-b961-fe0f2cbad5c5","block_type":"box","text":"and management of the portfolio of assets.","page_number":3,"box":{"x":46,"y":676,"width":181,"height":8}},{"id":"d73c6ffd-043a-4687-93d5-3300d5fa7e8f","block_type":"box","text":"For Professional Clients / Qualified","page_number":3,"box":{"x":46,"y":706,"width":162,"height":7}},{"id":"7f56edb4-e04e-425a-ac44-81d9a49e6e50","block_type":"box","text":"Investors Use Only. Not for public","page_number":3,"box":{"x":46,"y":716,"width":156,"height":7}},{"id":"5dbae6cb-0369-42c9-8430-1dc04d9b598f","block_type":"box","text":"distribution.","page_number":3,"box":{"x":46,"y":725,"width":58,"height":6}},{"id":"887043fc-3490-4b6f-9334-f1948ab3f809","block_type":"box","text":"ETFs trade like stocks, are subject to","page_number":3,"box":{"x":47,"y":735,"width":153,"height":7}},{"id":"f77c3499-c95f-4533-aa01-e44ca6647ade","block_type":"box","text":"investment risk, fluctuate in market value and","page_number":3,"box":{"x":47,"y":744,"width":193,"height":7}},{"id":"982a759e-e256-4fe7-a5ed-67df557826b3","block_type":"box","text":"may trade at prices above or below the ETFs net","page_number":3,"box":{"x":47,"y":754,"width":202,"height":7}},{"id":"e2a5c9a0-4b36-4977-9d5c-3ac53a7420d0","block_type":"box","text":"asset value. Brokerage commissions and ETF","page_number":3,"box":{"x":46,"y":763,"width":190,"height":8}},{"id":"c7291d02-ee4a-4697-aac8-be3ab253aa9a","block_type":"box","text":"expenses will reduce returns.","page_number":3,"box":{"x":46,"y":773,"width":123,"height":7}},{"id":"9e627a81-5ddf-41ec-965c-19fa417ad2cf","block_type":"box","text":"Marketing Communication","page_number":3,"box":{"x":46,"y":792,"width":126,"height":7}},{"id":"34a0ef37-be56-456e-8e72-1817f8168022","block_type":"box","text":"SPDR ETFs may not be available or suitable for","page_number":3,"box":{"x":46,"y":801,"width":196,"height":8}},{"id":"5517af3c-ea0e-40eb-b522-aea7364c7bee","block_type":"box","text":"you. The information provided does not","page_number":3,"box":{"x":46,"y":811,"width":166,"height":7}},{"id":"2bc10dd1-77bd-4b43-9c50-8b8d4775e497","block_type":"box","text":"constitute investment advice as such term is","page_number":3,"box":{"x":46,"y":820,"width":190,"height":6}},{"id":"3537dd64-51a7-42d5-a190-abefa630464d","block_type":"box","text":"defined under the Markets in Financial","page_number":3,"box":{"x":46,"y":830,"width":162,"height":6}},{"id":"ed1cb435-2676-45c3-8b62-caaae3fe23ab","block_type":"box","text":"Instruments Directive (2014/65/EU) and it","page_number":3,"box":{"x":47,"y":839,"width":176,"height":7}},{"id":"3318411c-3a78-451a-89b9-522a9eb58c27","block_type":"box","text":"should not be relied on as such. It should not be","page_number":3,"box":{"x":46,"y":849,"width":201,"height":6}},{"id":"36bab8fc-fc04-472c-9ab9-724694ca897c","block_type":"box","text":"considered a solicitation to buy or an offer to","page_number":3,"box":{"x":46,"y":858,"width":188,"height":8}},{"id":"72b0444b-af1c-4178-9977-16ccc9be5730","block_type":"box","text":"sell any investment. It does not take into","page_number":3,"box":{"x":46,"y":868,"width":170,"height":7}},{"id":"1e971d4f-0446-4f44-9805-59393a0a98d7","block_type":"box","text":"account any investor's or potential investor's","page_number":3,"box":{"x":46,"y":877,"width":189,"height":8}},{"id":"299470b8-8e30-4cfd-8de0-3763496850ac","block_type":"box","text":"particular investment objectives, strategies, tax","page_number":3,"box":{"x":47,"y":887,"width":200,"height":7}},{"id":"0f91f72a-5b6f-4d91-8319-1e92db76a982","block_type":"box","text":"status, risk appetite or investment horizon. If","page_number":3,"box":{"x":46,"y":896,"width":189,"height":8}},{"id":"37f80f93-e05d-4fab-bdb9-ef01b61f424d","block_type":"box","text":"you require investment advice you should","page_number":3,"box":{"x":46,"y":906,"width":177,"height":7}},{"id":"7f846738-0251-4e3b-910e-6ce73f1db1ab","block_type":"box","text":"consult your tax and financial or other","page_number":3,"box":{"x":46,"y":915,"width":161,"height":8}},{"id":"505a3735-1724-4bcd-8a42-71f507f09ff7","block_type":"box","text":"professional advisor.","page_number":3,"box":{"x":281,"y":276,"width":86,"height":7}},{"id":"701e811c-cd20-42bc-8598-3909aa665bf9","block_type":"box","text":"Tax treatment depends on the individual","page_number":3,"box":{"x":280,"y":285,"width":172,"height":8}},{"id":"8592309d-f193-4733-82a4-b8b7b9d7b266","block_type":"box","text":"circumstances of each client and may be","page_number":3,"box":{"x":281,"y":295,"width":172,"height":7}},{"id":"2f206ad5-977d-4e31-ba4d-3ee125b0800a","block_type":"box","text":"subject to change in the future.","page_number":3,"box":{"x":281,"y":304,"width":130,"height":8}},{"id":"a3c38983-515b-4cf2-be7c-372f21a75490","block_type":"box","text":"This document does not constitute an offer or","page_number":3,"box":{"x":280,"y":314,"width":194,"height":6}},{"id":"08acf97b-8bd4-4cbe-94a9-01ab96d4a5ab","block_type":"box","text":"request to purchase shares in SPDR ETFs","page_number":3,"box":{"x":281,"y":323,"width":174,"height":8}},{"id":"34f27118-6bef-46c2-91de-e96b9ff7cdac","block_type":"box","text":"Europe I plc and SPDR ETFs Europe II plc.","page_number":3,"box":{"x":281,"y":333,"width":171,"height":7}},{"id":"e3c51822-4cff-48a1-847c-f7e86685669a","block_type":"box","text":"Please refer to the Fund's latest Key","page_number":3,"box":{"x":281,"y":342,"width":168,"height":8}},{"id":"ecb01616-39d5-47e6-9c07-d555bf17a598","block_type":"box","text":"Information Document (KID)/Key Investor","page_number":3,"box":{"x":281,"y":352,"width":196,"height":7}},{"id":"9650dd7f-a854-40da-bc7d-58668eb9ec99","block_type":"box","text":"Information Document (KIID) and","page_number":3,"box":{"x":281,"y":361,"width":156,"height":7}},{"id":"3fec8518-7a9e-4d0e-93c0-a16a089c3851","block_type":"box","text":"Prospectus before making any final","page_number":3,"box":{"x":281,"y":371,"width":166,"height":7}},{"id":"63619f92-fb67-4079-8bd2-90fe48fe31a9","block_type":"box","text":"investment decision. The latest English","page_number":3,"box":{"x":281,"y":380,"width":184,"height":8}},{"id":"3baecb9c-1444-4bd3-869f-b2c0de411780","block_type":"box","text":"version of the prospectus and the KID/KIID","page_number":3,"box":{"x":280,"y":390,"width":201,"height":7}},{"id":"44227817-f05b-43a1-87bf-13492b39d683","block_type":"box","text":"can be found at","page_number":3,"box":{"x":281,"y":399,"width":72,"height":6}},{"id":"d333858e-2f8e-4ea7-b743-31d11eecc056","block_type":"box","text":"www.statestreet.com/im","page_number":3,"box":{"x":356,"y":399,"width":116,"height":7}},{"id":"06c71c75-47db-4a13-8cf0-16b7d2c61699","block_type":"box","text":".","page_number":3,"box":{"x":473,"y":404,"width":2,"height":1}},{"id":"ec4ff082-e148-40e2-a6a8-1c4d1e658b0b","block_type":"box","text":"A summary of investor rights can be found","page_number":3,"box":{"x":280,"y":409,"width":201,"height":7}},{"id":"bf0cde72-da95-4499-842d-6af1488dbd2c","block_type":"box","text":"here:","page_number":3,"box":{"x":281,"y":418,"width":23,"height":6}},{"id":"f524de4e-9297-480d-92b3-c47d7d8e5757","block_type":"box","text":"https://www.ssga.com/library","page_number":3,"box":{"x":307,"y":418,"width":143,"height":8}},{"id":"c2e63dd0-5b00-4bf8-9490-1b5fef81c377","block_type":"box","text":"content/products/fund-docs/summary-of","page_number":3,"box":{"x":281,"y":428,"width":199,"height":7}},{"id":"045f5437-27c4-4e00-8871-aef0c01b2602","block_type":"box","text":"investor-rights/ssga-spdr-investors-rights","page_number":3,"box":{"x":281,"y":437,"width":201,"height":8}},{"id":"384fb4ae-afd5-472e-bb4c-f33aff468abe","block_type":"box","text":"summary.pdf","page_number":3,"box":{"x":280,"y":447,"width":64,"height":7}},{"id":"c6cd9b90-f9f9-42c5-8079-9ad678b178ea","block_type":"box","text":"Note that the Management","page_number":3,"box":{"x":346,"y":447,"width":126,"height":7}},{"id":"9bf4eae1-0baa-4813-93e3-5f120151ea84","block_type":"box","text":"Company may decide to terminate the","page_number":3,"box":{"x":281,"y":456,"width":180,"height":8}},{"id":"e536ac7c-816e-48ab-bfee-a275dbf2400f","block_type":"box","text":"arrangements made for marketing and","page_number":3,"box":{"x":280,"y":466,"width":183,"height":7}},{"id":"00e9286c-2c15-42c5-af7c-ddf788c9a26d","block_type":"box","text":"proceed with de-notification in compliance","page_number":3,"box":{"x":281,"y":475,"width":201,"height":8}},{"id":"fc28c67b-de86-4d59-8fa2-4b3a884ba6b4","block_type":"box","text":"with Article 93a of Directive 2009/65/EC.","page_number":3,"box":{"x":280,"y":485,"width":196,"height":7}},{"id":"fbf6fbf5-c293-4a27-8fb9-fa52ff7ac5ea","block_type":"box","text":"All fund related documents are available for free","page_number":3,"box":{"x":280,"y":494,"width":203,"height":6}},{"id":"a84f6c91-c80c-41e9-be45-61023f0bdbd9","block_type":"box","text":"of charge from the offices of the Local","page_number":3,"box":{"x":281,"y":504,"width":158,"height":8}},{"id":"bb3daaa4-398a-46fb-a154-49d71668769a","block_type":"box","text":"Representative/Agent or by visiting the","page_number":3,"box":{"x":281,"y":513,"width":164,"height":8}},{"id":"d087a694-28c3-4992-8a3f-e6fa09757a1a","block_type":"box","text":"www.","page_number":3,"box":{"x":448,"y":515,"width":22,"height":4}},{"id":"d1c112d0-5531-459d-8dcc-873a2e8357cd","block_type":"box","text":"statestreet.com/im","page_number":3,"box":{"x":281,"y":523,"width":80,"height":7}},{"id":"c520f2b7-cbaf-4433-9c26-cfdc3a9f0ebe","block_type":"box","text":"or by contacting State","page_number":3,"box":{"x":364,"y":523,"width":93,"height":8}},{"id":"66632366-9ef7-4bfb-a463-8d7bd6f0763c","block_type":"box","text":"Street Custodial Services (Ireland) Limited, 78","page_number":3,"box":{"x":281,"y":532,"width":193,"height":7}},{"id":"a62780f0-e59d-414a-b8cd-d57250b24bbb","block_type":"box","text":"Sir John Rogerson's Quay, Dublin 2, Ireland.","page_number":3,"box":{"x":281,"y":542,"width":181,"height":8}},{"id":"593fa5df-246e-4c59-ae3a-fa6b9318d00e","block_type":"box","text":"SPDR ETFs is the exchange traded funds (\"ETF\")","page_number":3,"box":{"x":281,"y":551,"width":202,"height":8}},{"id":"047e578e-5dc4-41fd-ab1d-43bf4d43c926","block_type":"box","text":"platform of State Street Global Advisors and is","page_number":3,"box":{"x":281,"y":561,"width":195,"height":7}},{"id":"31e645dd-e88c-4c00-89e6-b189ff4f7ea0","block_type":"box","text":"comprised of funds that have been authorised","page_number":3,"box":{"x":281,"y":570,"width":194,"height":8}},{"id":"cff4b55a-a072-4730-9be6-6caccd9c4d3e","block_type":"box","text":"by Central Bank of Ireland as open-ended UCITS","page_number":3,"box":{"x":281,"y":580,"width":203,"height":7}},{"id":"5aed01c0-a366-4384-9d66-c647a066a0ad","block_type":"box","text":"investment companies.","page_number":3,"box":{"x":281,"y":590,"width":98,"height":7}},{"id":"062da00b-0e2a-4ca3-b358-faca484df80c","block_type":"box","text":"The funds are not available to U.S. investors.","page_number":3,"box":{"x":280,"y":599,"width":186,"height":6}},{"id":"c0f13ceb-8ca2-4ee6-89fd-dc25d2e76341","block_type":"box","text":"SSGA SPDR ETFs Europe I plc and SPDR ETFs","page_number":3,"box":{"x":281,"y":608,"width":191,"height":8}},{"id":"6d33e083-c8f2-4d79-a7d7-80cf7e0995a4","block_type":"box","text":"Europe II plc issue (\"the Company\") issue SPDR","page_number":3,"box":{"x":281,"y":618,"width":197,"height":7}},{"id":"953b4751-22cc-482a-b85e-062e0f2fc343","block_type":"box","text":"ETFs, and is an open-ended investment","page_number":3,"box":{"x":281,"y":627,"width":166,"height":8}},{"id":"9479f861-f1f3-4e0e-8ce2-394e554aacbe","block_type":"box","text":"company with variable capital having","page_number":3,"box":{"x":281,"y":637,"width":157,"height":8}},{"id":"7ee18b3e-8944-4a63-af94-529dc320924a","block_type":"box","text":"segregated liability between its sub-funds. The","page_number":3,"box":{"x":281,"y":646,"width":197,"height":8}},{"id":"b2cd4c11-bf66-4b3c-b4ea-6d0924504021","block_type":"box","text":"Company is organised as an Undertaking for","page_number":3,"box":{"x":281,"y":656,"width":187,"height":8}},{"id":"4b8f8ef9-808f-4ce7-b207-598464216d49","block_type":"box","text":"Collective Investment in Transferable Securities","page_number":3,"box":{"x":281,"y":665,"width":201,"height":6}},{"id":"c790c51e-eaae-4cb3-8b4f-635776bde03f","block_type":"box","text":"(UCITS) under the laws of Ireland and","page_number":3,"box":{"x":281,"y":675,"width":155,"height":7}},{"id":"c818ecfc-1aae-4669-ba81-a2e7acc5a69c","block_type":"box","text":"authorised as a UCITS by the Central Bank of","page_number":3,"box":{"x":281,"y":684,"width":189,"height":8}},{"id":"760164e6-37a4-4a0e-b3b7-dae384525120","block_type":"box","text":"Ireland.","page_number":3,"box":{"x":281,"y":694,"width":30,"height":6}},{"id":"8ff4ddcb-301c-4146-b311-28d9f43f43a8","block_type":"box","text":"Additional Important Information:","page_number":3,"box":{"x":280,"y":703,"width":160,"height":8}},{"id":"6a38c793-d1f1-45ec-8713-0b8e958b254a","block_type":"box","text":"For the UK,","page_number":3,"box":{"x":281,"y":713,"width":51,"height":7}},{"id":"3477661b-c96f-4008-843f-7e80ab959356","block_type":"box","text":"this document has been issued by","page_number":3,"box":{"x":335,"y":713,"width":145,"height":7}},{"id":"ed7a5a7d-f942-40be-b493-a3cdfdfb72e1","block_type":"box","text":"State Street Global Advisors Limited (\"SSGA\").","page_number":3,"box":{"x":281,"y":722,"width":194,"height":7}},{"id":"e7d3100a-beed-4c0d-a34c-5ea96d22239f","block_type":"box","text":"Authorised and regulated by the Financial","page_number":3,"box":{"x":280,"y":732,"width":177,"height":8}},{"id":"faa18d10-68c5-42ff-a6d5-a860136adcd5","block_type":"box","text":"Conduct Authority, registered No. 2509928.","page_number":3,"box":{"x":281,"y":741,"width":185,"height":8}},{"id":"acb425ae-514c-4aed-b1ac-54803909e654","block_type":"box","text":"VAT No. 5776591 81. Registered office: 20","page_number":3,"box":{"x":280,"y":751,"width":174,"height":8}},{"id":"862c61f6-10ec-4489-8086-170a712d64b2","block_type":"box","text":"Churchill Place, Canary Wharf, London, E14 5HJ","page_number":3,"box":{"x":281,"y":760,"width":199,"height":8}},{"id":"4a80cef2-6ed0-4722-a03e-783baef93d34","block_type":"box","text":"Telephone: 020 3395 6000 Facsimile: 020","page_number":3,"box":{"x":280,"y":770,"width":183,"height":8}},{"id":"95c0b526-8f2a-4adf-83bb-9330b96dd62e","block_type":"box","text":"3395 6350 Web:","page_number":3,"box":{"x":281,"y":779,"width":71,"height":7}},{"id":"29644f8c-0167-4e87-be7d-0ea42323428b","block_type":"box","text":"www.statestreet.com/im","page_number":3,"box":{"x":354,"y":779,"width":104,"height":7}},{"id":"247f7c55-874a-4e07-840d-b0ef268dd4c4","block_type":"box","text":".","page_number":3,"box":{"x":459,"y":785,"width":1,"height":0}},{"id":"a1e50f6d-e819-4dc2-ac8d-22dd42b8cc2c","block_type":"box","text":"For the EU,","page_number":3,"box":{"x":281,"y":789,"width":50,"height":7}},{"id":"08b8d669-01d6-4058-bc30-de9d2e7dfcb7","block_type":"box","text":"this document has been issued by","page_number":3,"box":{"x":333,"y":789,"width":145,"height":8}},{"id":"ab688998-dbd8-47e1-a80c-dc36b2ebbab5","block_type":"box","text":"State Street Global Advisors Europe Limited","page_number":3,"box":{"x":281,"y":798,"width":185,"height":8}},{"id":"398f0060-5288-4478-81e5-0aeeb2746fee","block_type":"box","text":"(''SSGA''), regulated by the Central Bank of","page_number":3,"box":{"x":281,"y":808,"width":178,"height":8}},{"id":"974a18c3-0401-4b9c-824b-e041e9e521cf","block_type":"box","text":"Ireland. Registered office address 78 Sir John","page_number":3,"box":{"x":281,"y":817,"width":190,"height":8}},{"id":"8c8f9632-e4b6-439c-8b8d-0f55c418985a","block_type":"box","text":"Rogerson's Quay, Dublin 2. Registered number","page_number":3,"box":{"x":281,"y":827,"width":195,"height":8}},{"id":"38bf114b-0bbd-49a6-b424-ebcf5b2db196","block_type":"box","text":"49934. T: +353 (0)1 776 3000. Fax: +353 (0)1","page_number":3,"box":{"x":280,"y":836,"width":191,"height":7}},{"id":"dae19c13-f1bc-4859-b927-203107f599a8","block_type":"box","text":"776 3300. Web:","page_number":3,"box":{"x":280,"y":846,"width":67,"height":6}},{"id":"24fb092f-5817-48cf-8305-33f6b3309d2a","block_type":"box","text":"www.statestreet.com/im","page_number":3,"box":{"x":350,"y":846,"width":103,"height":7}},{"id":"e7bd6d8e-8b19-4618-9718-41e7ede33f63","block_type":"box","text":".","page_number":3,"box":{"x":454,"y":851,"width":2,"height":1}},{"id":"01304e28-c673-4737-8a34-8217293ac54f","block_type":"box","text":"SPDR ETFs Local Representative/Paying","page_number":3,"box":{"x":280,"y":855,"width":190,"height":8}},{"id":"4ffb09a0-f1cf-4d89-a7bc-4cac47944f13","block_type":"box","text":"Agents:","page_number":3,"box":{"x":280,"y":865,"width":36,"height":8}},{"id":"3839ed55-31cd-4e14-aa41-6c53c721c3da","block_type":"box","text":"France:","page_number":3,"box":{"x":281,"y":874,"width":34,"height":7}},{"id":"271648e7-ceca-49ea-9979-105d12179736","block_type":"box","text":"State Street Bank International GmbH","page_number":3,"box":{"x":318,"y":874,"width":160,"height":7}},{"id":"616fab1c-e6ce-4b64-bc15-63eaa914f723","block_type":"box","text":"Paris Branch, Cœur Défense -Tour A, 100,","page_number":3,"box":{"x":281,"y":884,"width":172,"height":7}},{"id":"de08ebb8-af77-4dba-a3e5-a9c7416ffa3d","block_type":"box","text":"Esplanade du Général de Gaulle, 92931 Paris La","page_number":3,"box":{"x":281,"y":893,"width":199,"height":8}},{"id":"bdab0ba9-7e98-4945-bf69-e8f9a02f9530","block_type":"box","text":"Defense Cedex;","page_number":3,"box":{"x":281,"y":903,"width":65,"height":7}},{"id":"263d147f-da46-4399-926d-4f22fce6bc40","block_type":"box","text":"Switzerland:","page_number":3,"box":{"x":348,"y":903,"width":58,"height":6}},{"id":"47f05b64-508a-4841-a294-fe07d9f064bb","block_type":"box","text":"State Street Bank","page_number":3,"box":{"x":409,"y":903,"width":75,"height":6}},{"id":"f235a5b4-4631-4585-97d0-d227099407a5","block_type":"box","text":"GmbH Munich, Zurich Branch,","page_number":3,"box":{"x":281,"y":912,"width":126,"height":7}},{"id":"000796c5-860e-4f8b-b13a-c308d0de7b69","block_type":"box","text":"Beethovenstrasse 19, 8027 Zurich and the main","page_number":3,"box":{"x":515,"y":276,"width":201,"height":7}},{"id":"342db59d-bb0f-4277-84a9-c5ccc7cacab2","block_type":"box","text":"distributor in Switzerland, State Street Global","page_number":3,"box":{"x":515,"y":285,"width":190,"height":7}},{"id":"c91aad1d-a2e4-40c8-846b-49f9f40790a5","block_type":"box","text":"Advisors AG, Beethovenstrasse 19, 8027 Zurich;","page_number":3,"box":{"x":515,"y":295,"width":201,"height":7}},{"id":"1799b075-017f-4232-a984-d6774e3a3bec","block_type":"box","text":"Germany:","page_number":3,"box":{"x":515,"y":304,"width":45,"height":8}},{"id":"b7a2f2b7-1958-46f7-9302-41a24095bc50","block_type":"box","text":"State Street Global Advisors Europe","page_number":3,"box":{"x":563,"y":304,"width":151,"height":8}},{"id":"6fc35540-294d-43ce-bb08-cbffdf74dd02","block_type":"box","text":"Limited, Brienner Strasse 59, D-80333 Munich;","page_number":3,"box":{"x":515,"y":314,"width":199,"height":7}},{"id":"0529bc18-2508-4ea4-a839-545d9f2bf8f3","block_type":"box","text":"Spain:","page_number":3,"box":{"x":515,"y":323,"width":29,"height":8}},{"id":"23f579ac-a889-4e66-a1a2-efb63e09b6c3","block_type":"box","text":"Cecabank, S.A. Alcalá 27, 28014 Madrid","page_number":3,"box":{"x":547,"y":323,"width":165,"height":7}},{"id":"fb68a936-2646-469d-9ed5-3170f95f70a1","block_type":"box","text":"(Spain);","page_number":3,"box":{"x":515,"y":333,"width":31,"height":7}},{"id":"949a7c31-1fbd-4b0d-8368-b9a113d1744f","block_type":"box","text":"Denmark:","page_number":3,"box":{"x":549,"y":333,"width":46,"height":6}},{"id":"732e6e21-3866-4f3f-a641-ae2f3b2008c0","block_type":"box","text":"Nordea Bank Denmark A/S,","page_number":3,"box":{"x":598,"y":333,"width":114,"height":7}},{"id":"bbebd61c-cb4b-49b4-acce-754a7caabbfc","block_type":"box","text":"Issuer Services, Securities Services Hermes","page_number":3,"box":{"x":515,"y":342,"width":185,"height":7}},{"id":"fd072073-01d5-494e-b6f7-d2550fce83a4","block_type":"box","text":"Hus, Helgeshøj Allé 33 Postbox 850 DK-0900","page_number":3,"box":{"x":515,"y":352,"width":193,"height":7}},{"id":"c5b6d385-7e0c-42a4-81b2-829e768b8b58","block_type":"box","text":"Copenhagen C;","page_number":3,"box":{"x":515,"y":361,"width":63,"height":8}},{"id":"733d603b-16cf-40f6-8e32-77ae6f0bc495","block_type":"box","text":"Austria:","page_number":3,"box":{"x":581,"y":361,"width":37,"height":6}},{"id":"bacdae49-adec-4766-9dd5-3ba3af95c391","block_type":"box","text":"Erste Bank, Graben 21,","page_number":3,"box":{"x":621,"y":361,"width":93,"height":7}},{"id":"be213d30-3982-4873-b71a-fc38d0308a6b","block_type":"box","text":"1010 Wien, Österreich;","page_number":3,"box":{"x":515,"y":370,"width":92,"height":8}},{"id":"82b50b39-9282-474b-a58b-00094ab46da7","block_type":"box","text":"Sweden:","page_number":3,"box":{"x":609,"y":371,"width":40,"height":6}},{"id":"298c29e0-d6eb-44d5-adb4-c98a04d28a00","block_type":"box","text":"SKANDINAVISKA ENSKILDA BANKEN AB, Global","page_number":3,"box":{"x":515,"y":380,"width":203,"height":7}},{"id":"8431535d-88a6-445b-90ce-669138f4b400","block_type":"box","text":"Transaction Services ST MH1, SE-106 40","page_number":3,"box":{"x":515,"y":390,"width":169,"height":7}},{"id":"3039530b-1298-45ab-ad59-6a32e16229cb","block_type":"box","text":"Stockholm, Sweden.","page_number":3,"box":{"x":515,"y":399,"width":85,"height":7}},{"id":"6b0bf4cf-574b-43dc-9cca-ed190d7f67e5","block_type":"box","text":"\"Bloomberg","page_number":3,"box":{"x":515,"y":409,"width":49,"height":8}},{"id":"ca17c9ee-6153-4647-aa43-c03410c49672","block_type":"box","text":"®","page_number":3,"box":{"x":565,"y":408,"width":2,"height":2}},{"id":"c70d4c50-ba98-4f5a-bdac-c66ca423e7a1","block_type":"box","text":"\" and all Bloomberg Indices are","page_number":3,"box":{"x":568,"y":409,"width":129,"height":8}},{"id":"bcfc354f-aaeb-4eb6-9ad6-9d8c9d65bbe0","block_type":"box","text":"service marks of Bloomberg Finance L.P. and its","page_number":3,"box":{"x":515,"y":418,"width":200,"height":8}},{"id":"c1e44a66-1440-48fd-9424-ee8f713211b1","block_type":"box","text":"affiliates, including Bloomberg Index Services","page_number":3,"box":{"x":515,"y":428,"width":191,"height":8}},{"id":"de80d713-4810-4bd9-93c2-cf0fe39a6fbe","block_type":"box","text":"Limited (\"BISL\"), the administrator of the index","page_number":3,"box":{"x":515,"y":437,"width":196,"height":7}},{"id":"661940d7-698f-4cff-814c-98f6189ef043","block_type":"box","text":"(collectively, \"Bloomberg\") and have been","page_number":3,"box":{"x":515,"y":447,"width":173,"height":8}},{"id":"8f86d108-3686-4f46-87c2-3b22c818c761","block_type":"box","text":"licensed for use for certain purposes by State","page_number":3,"box":{"x":515,"y":456,"width":191,"height":8}},{"id":"614da82b-9bed-462f-b02e-69a62d1d0977","block_type":"box","text":"Street Bank and Trust Company, through its","page_number":3,"box":{"x":515,"y":466,"width":185,"height":8}},{"id":"e4dd9f19-cfc0-4b17-adff-1c51bbc0117c","block_type":"box","text":"State Street Global Advisors division (\"SSGA\").","page_number":3,"box":{"x":515,"y":475,"width":195,"height":7}},{"id":"a2795414-2640-4788-b190-40fadf12693c","block_type":"box","text":"Bloomberg is not affiliated with SSGA, and","page_number":3,"box":{"x":515,"y":485,"width":177,"height":8}},{"id":"a3bc4371-831d-4cfd-824a-6653e1bd6a67","block_type":"box","text":"Bloomberg does not approve, endorse, review,","page_number":3,"box":{"x":515,"y":494,"width":193,"height":8}},{"id":"f5f76d7d-b7c7-4ffc-b2de-2b90f2a2fd5b","block_type":"box","text":"or recommend any SSGA product. Bloomberg","page_number":3,"box":{"x":515,"y":504,"width":193,"height":8}},{"id":"1921b128-88a0-4320-81f6-92614790a651","block_type":"box","text":"does not guarantee the timeliness,","page_number":3,"box":{"x":515,"y":513,"width":145,"height":8}},{"id":"1d51ea65-dd1f-47f0-a515-5988cadc84c7","block_type":"box","text":"accurateness, or completeness of any data or","page_number":3,"box":{"x":515,"y":523,"width":192,"height":7}},{"id":"2784bac4-d235-48ba-997a-b0cc565d0de0","block_type":"box","text":"information relating to any SSGA product.","page_number":3,"box":{"x":515,"y":532,"width":176,"height":8}},{"id":"8806300d-dbfb-4032-8e12-14db473113d7","block_type":"box","text":"The S&P 500","page_number":3,"box":{"x":515,"y":542,"width":57,"height":6}},{"id":"eed8861e-5a4f-44b8-bd92-80ecb793b85c","block_type":"box","text":"®","page_number":3,"box":{"x":572,"y":541,"width":3,"height":2}},{"id":"c2eb192b-c001-4730-ba9e-98150573ede1","block_type":"box","text":"Index is a product of S&P Dow","page_number":3,"box":{"x":578,"y":542,"width":126,"height":7}},{"id":"41b68df9-33ce-4894-92f1-a190b9238c9e","block_type":"box","text":"Jones Indices LLC or its affiliates (“S&P DJI”)","page_number":3,"box":{"x":515,"y":551,"width":187,"height":7}},{"id":"f2456be4-b1b3-45b1-a11f-80c4163bc1b7","block_type":"box","text":"and have been licensed for use by State Street","page_number":3,"box":{"x":515,"y":561,"width":196,"height":7}},{"id":"676c8e92-164a-49a1-b17c-63e99e5abfee","block_type":"box","text":"Global Advisors. S&P","page_number":3,"box":{"x":515,"y":570,"width":91,"height":6}},{"id":"c8b239cf-5120-410d-bd8e-c7d7d7ede495","block_type":"box","text":"®","page_number":3,"box":{"x":606,"y":570,"width":3,"height":2}},{"id":"79e5e84c-53de-42ba-acb5-4014aa50fe61","block_type":"box","text":", SPDR","page_number":3,"box":{"x":609,"y":570,"width":27,"height":7}},{"id":"e35ab0d2-8909-411f-853c-bd8573439023","block_type":"box","text":"®","page_number":3,"box":{"x":637,"y":570,"width":2,"height":2}},{"id":"e559b941-dea6-40b2-8ef7-b22788ce2e77","block_type":"box","text":", S&P 500","page_number":3,"box":{"x":640,"y":570,"width":42,"height":7}},{"id":"ff4c2a5b-eb62-4934-8a10-0b98c7a95abf","block_type":"box","text":"®","page_number":3,"box":{"x":683,"y":570,"width":2,"height":2}},{"id":"2e67e631-f9b8-4816-b40b-c0e0bbea160b","block_type":"box","text":",US","page_number":3,"box":{"x":686,"y":570,"width":13,"height":7}},{"id":"2f3d7727-da4f-42fc-ae01-35c37e3d687a","block_type":"box","text":"500 and the 500 are trademarks of Standard &","page_number":3,"box":{"x":515,"y":580,"width":201,"height":6}},{"id":"e192b3dd-b67e-4209-b600-23cd85c8065c","block_type":"box","text":"Poor’s Financial Services LLC (“S&P”); Dow","page_number":3,"box":{"x":515,"y":589,"width":179,"height":7}},{"id":"dc592213-95aa-44a8-be97-2ab42ab6b8a6","block_type":"box","text":"Jones","page_number":3,"box":{"x":515,"y":599,"width":25,"height":6}},{"id":"1506c11b-8078-4d47-8ec0-80f20e4bee13","block_type":"box","text":"®","page_number":3,"box":{"x":540,"y":598,"width":3,"height":2}},{"id":"229e5a42-adf5-4bb7-ac13-a70fe5a11a12","block_type":"box","text":"is a registered trademark of Dow Jones","page_number":3,"box":{"x":546,"y":599,"width":164,"height":8}},{"id":"3ce6799c-952d-42a6-899f-6676b06491eb","block_type":"box","text":"Trademark Holdings LLC (“Dow Jones”) and has","page_number":3,"box":{"x":515,"y":608,"width":201,"height":8}},{"id":"d7a65c46-33ed-4752-8a1d-02fcee28b776","block_type":"box","text":"been licensed for use by S&P Dow Jones","page_number":3,"box":{"x":515,"y":618,"width":171,"height":7}},{"id":"1a44e020-94d8-4b52-b63c-af6e92336876","block_type":"box","text":"Indices; and these trademarks have been","page_number":3,"box":{"x":515,"y":627,"width":173,"height":7}},{"id":"81149a5b-7c07-43dd-98f9-b18a1f632ba3","block_type":"box","text":"licensed for use by S&P DJI and sublicensed for","page_number":3,"box":{"x":515,"y":637,"width":201,"height":7}},{"id":"08f5650a-1ad9-40cd-ade5-ed81b3ae452a","block_type":"box","text":"certain purposes by State Street Global","page_number":3,"box":{"x":515,"y":646,"width":166,"height":8}},{"id":"94522d76-dc20-4fac-9317-468989884b20","block_type":"box","text":"Advisors. The fund is not sponsored, endorsed,","page_number":3,"box":{"x":515,"y":656,"width":198,"height":7}},{"id":"b228d0b2-2911-4dcc-be3e-64d24cb12d3f","block_type":"box","text":"sold or promoted by S&P DJI, Dow Jones, S&P,","page_number":3,"box":{"x":515,"y":665,"width":196,"height":8}},{"id":"f9020892-3155-4203-ac13-e901bc8f2694","block_type":"box","text":"their respective affiliates, and none of such","page_number":3,"box":{"x":515,"y":675,"width":181,"height":7}},{"id":"f29546e2-efae-4ad9-82db-65bccaa3ad3b","block_type":"box","text":"parties make any representation regarding the","page_number":3,"box":{"x":515,"y":684,"width":196,"height":8}},{"id":"cc92d563-55cd-4f22-b983-0b2e8d705ef8","block_type":"box","text":"advisability of investing in such product(s) nor","page_number":3,"box":{"x":515,"y":694,"width":195,"height":8}},{"id":"81b0cb14-681d-46e7-aacf-e0ba880420b5","block_type":"box","text":"do they have any liability for any errors,","page_number":3,"box":{"x":515,"y":703,"width":165,"height":8}},{"id":"49e0344b-6533-4c40-bc56-0350fe9b24e4","block_type":"box","text":"omissions, or interruptions of these indices.","page_number":3,"box":{"x":515,"y":713,"width":184,"height":7}},{"id":"9b790bab-7753-49ae-9ab4-5cef661b312e","block_type":"box","text":"The trademarks and service marks referenced","page_number":3,"box":{"x":515,"y":722,"width":195,"height":6}},{"id":"523a49d2-7564-4d7a-89f8-e83ec552fc03","block_type":"box","text":"herein are the property of their respective","page_number":3,"box":{"x":515,"y":732,"width":176,"height":8}},{"id":"83fafd36-bf62-4eb5-bf61-51e7cc94f120","block_type":"box","text":"owners. Third party data providers make no","page_number":3,"box":{"x":515,"y":741,"width":184,"height":8}},{"id":"b29c1f72-d00b-464e-81bc-7db46c96b757","block_type":"box","text":"warranties or representations of any kind","page_number":3,"box":{"x":515,"y":751,"width":173,"height":8}},{"id":"f54c27a3-3dee-46e4-ae44-c46a2b4cb38e","block_type":"box","text":"relating to the accuracy, completeness or","page_number":3,"box":{"x":515,"y":760,"width":174,"height":8}},{"id":"0cabf98a-4ee2-4d13-a4ed-52ee4bc5d523","block_type":"box","text":"timeliness of the data and have no liability for","page_number":3,"box":{"x":515,"y":770,"width":191,"height":8}},{"id":"9bd954e4-3518-483e-8333-cadc191d47f6","block_type":"box","text":"damages of any kind relating to the use of such","page_number":3,"box":{"x":515,"y":779,"width":198,"height":8}},{"id":"e7c52d2b-1845-40d0-ae89-a9267168bf6b","block_type":"box","text":"data.","page_number":3,"box":{"x":515,"y":789,"width":21,"height":6}},{"id":"2f864310-aa83-49a7-9acb-ab28b7d3b309","block_type":"box","text":"©","page_number":3,"box":{"x":515,"y":798,"width":4,"height":3}},{"id":"44e4b756-8646-4325-b963-af7f6b9599f4","block_type":"box","text":"[2026] Morningstar, Inc. All rights reserved.","page_number":3,"box":{"x":522,"y":798,"width":181,"height":8}},{"id":"154ab9b9-1168-47e9-bb22-72fcf50bec5e","block_type":"box","text":"The information contained herein: (1) is","page_number":3,"box":{"x":515,"y":808,"width":163,"height":7}},{"id":"d360a7b7-a844-4fb9-8353-f8e774972e44","block_type":"box","text":"proprietary to Morningstar and/or its content","page_number":3,"box":{"x":515,"y":817,"width":189,"height":8}},{"id":"87ee6fe1-eebb-47bd-bec7-369bbf45f9c8","block_type":"box","text":"providers; (2) may not be copied or distributed;","page_number":3,"box":{"x":515,"y":827,"width":197,"height":8}},{"id":"f77f8578-1a80-4f65-92fc-af70deb6a71c","block_type":"box","text":"and (3) is not warranted to be accurate,","page_number":3,"box":{"x":515,"y":836,"width":165,"height":7}},{"id":"77202133-8f08-4ae5-84be-95f4debdd175","block_type":"box","text":"complete, or timely. Neither Morningstar nor its","page_number":3,"box":{"x":515,"y":846,"width":198,"height":8}},{"id":"d4473890-4d92-4730-9326-e24336d5dfc0","block_type":"box","text":"content providers are responsible for any","page_number":3,"box":{"x":515,"y":855,"width":174,"height":8}},{"id":"760f2125-099b-49b1-bb7f-f9d351d7b8f1","block_type":"box","text":"damages or losses arising from any use of this","page_number":3,"box":{"x":515,"y":865,"width":194,"height":8}},{"id":"cb9d9c66-a568-4879-a9de-35b91b446231","block_type":"box","text":"information. Past performance is no guarantee","page_number":3,"box":{"x":515,"y":874,"width":196,"height":8}},{"id":"642fa2c6-d528-402a-bead-1c81e06c2a27","block_type":"box","text":"of future results.","page_number":3,"box":{"x":515,"y":884,"width":69,"height":6}},{"id":"6b60a89d-a421-46c7-859b-77dfafeb566d","block_type":"box","text":"The Morningstar Medalist RatingTM is the","page_number":3,"box":{"x":515,"y":893,"width":177,"height":8}},{"id":"8b2e0920-86d3-4e6b-8e9b-9c445e4dc50f","block_type":"box","text":"summary expression of Morningstar’s forward","page_number":3,"box":{"x":515,"y":903,"width":197,"height":8}},{"id":"8fae5706-0de3-4f07-ac2c-850e6dfa4a5b","block_type":"box","text":"looking analysis of investment strategies as","page_number":3,"box":{"x":515,"y":912,"width":184,"height":8}},{"id":"4167698d-c2b0-40c6-93ec-5e3071c25c04","block_type":"box","text":"offered via specific vehicles using a rating scale","page_number":3,"box":{"x":749,"y":276,"width":200,"height":7}},{"id":"2cc4eb41-d314-48cb-b678-8c150564baa6","block_type":"box","text":"of Gold, Silver, Bronze, Neutral, and Negative.","page_number":3,"box":{"x":749,"y":285,"width":188,"height":8}},{"id":"f18884e2-b05f-4100-b52d-9a282b226b8f","block_type":"box","text":"The Medalist Ratings indicate which","page_number":3,"box":{"x":749,"y":295,"width":152,"height":7}},{"id":"63fe5e99-a7aa-4a02-85a7-baed98c8620f","block_type":"box","text":"investments Morningstar believes are likely to","page_number":3,"box":{"x":750,"y":304,"width":193,"height":8}},{"id":"83429899-4ed7-4d15-bf79-52e938e7b19c","block_type":"box","text":"outperform a relevant index or peer group","page_number":3,"box":{"x":749,"y":314,"width":177,"height":7}},{"id":"8ee571a5-3faa-4298-b8eb-2b317e4592d7","block_type":"box","text":"average on a risk-adjusted basis over time.","page_number":3,"box":{"x":749,"y":323,"width":179,"height":8}},{"id":"8793c10c-0807-432a-a54b-b8b19c7ebd5b","block_type":"box","text":"Investment products are evaluated on three key","page_number":3,"box":{"x":750,"y":333,"width":202,"height":7}},{"id":"9a958b77-dd5b-48a6-b714-f11e7635467c","block_type":"box","text":"pillars (People, Parent, and Process) which,","page_number":3,"box":{"x":750,"y":342,"width":179,"height":8}},{"id":"952fd21d-bfe0-404a-9f83-8fe29cb63153","block_type":"box","text":"when coupled with a fee assessment, forms the","page_number":3,"box":{"x":749,"y":352,"width":201,"height":7}},{"id":"efaded30-cc82-46b6-b955-7117cca485a7","block_type":"box","text":"basis for Morningstar’s conviction in those","page_number":3,"box":{"x":750,"y":361,"width":177,"height":8}},{"id":"c56afd9e-ab2c-492c-a6a5-ffdb3ec19b67","block_type":"box","text":"products’ investment merits and determines","page_number":3,"box":{"x":750,"y":371,"width":188,"height":7}},{"id":"5bf4e100-3c9c-45ae-8538-e5fc7f2204fc","block_type":"box","text":"the Medalist Rating they’re assigned. Pillar","page_number":3,"box":{"x":749,"y":380,"width":178,"height":8}},{"id":"72a7741f-7428-4871-be8f-97e1ef9ead5b","block_type":"box","text":"ratings take the form of Low, Below Average,","page_number":3,"box":{"x":750,"y":390,"width":185,"height":7}},{"id":"3fe5e89f-62ea-4099-a6b8-71d19494ee80","block_type":"box","text":"Average, Above Average, and High. Pillars may","page_number":3,"box":{"x":749,"y":399,"width":195,"height":8}},{"id":"cd0f1212-2416-40ac-890a-8a5a0431de94","block_type":"box","text":"be evaluated via an analyst’s qualitative","page_number":3,"box":{"x":750,"y":409,"width":167,"height":7}},{"id":"afb812e6-17ca-4d12-a248-58de107d8721","block_type":"box","text":"assessment (either directly to a vehicle the","page_number":3,"box":{"x":749,"y":418,"width":181,"height":8}},{"id":"885d9850-2d3d-4f49-8552-dae1b2bf6418","block_type":"box","text":"analyst covers or indirectly when the pillar","page_number":3,"box":{"x":749,"y":428,"width":179,"height":7}},{"id":"2689b5ec-28a6-4569-a745-d4c44bf0b49b","block_type":"box","text":"ratings of a covered vehicle are mapped to a","page_number":3,"box":{"x":750,"y":437,"width":185,"height":8}},{"id":"ac7bbf4e-6443-433d-8d5b-8c4cdaa8e422","block_type":"box","text":"related uncovered vehicle) or using algorithmic","page_number":3,"box":{"x":750,"y":447,"width":197,"height":8}},{"id":"d8f383f8-f3e2-4c67-9354-e2e3ce912517","block_type":"box","text":"techniques. Vehicles are sorted by their","page_number":3,"box":{"x":749,"y":456,"width":167,"height":8}},{"id":"87abc9d9-b1df-426e-9d1b-c64fd5502991","block_type":"box","text":"expected performance into rating groups","page_number":3,"box":{"x":749,"y":466,"width":173,"height":8}},{"id":"c53d8f93-542f-4f44-aaca-395f69b88a69","block_type":"box","text":"defined by their Morningstar Category and their","page_number":3,"box":{"x":749,"y":475,"width":202,"height":8}},{"id":"091721f4-7bde-42bd-98c9-c2b329ebcf0a","block_type":"box","text":"active or passive status. When analysts directly","page_number":3,"box":{"x":749,"y":485,"width":200,"height":7}},{"id":"cdc10a1e-bd2f-4f4e-b7cd-251c4de648dd","block_type":"box","text":"cover a vehicle, they assign the three pillar","page_number":3,"box":{"x":749,"y":494,"width":179,"height":8}},{"id":"6ad29ad0-d0cd-48ae-97b2-5300d5b3c19b","block_type":"box","text":"ratings based on their qualitative assessment,","page_number":3,"box":{"x":750,"y":504,"width":194,"height":8}},{"id":"f1984f05-b7fa-4669-b089-7bfc88c017a4","block_type":"box","text":"subject to the oversight of the Analyst Rating","page_number":3,"box":{"x":749,"y":513,"width":191,"height":8}},{"id":"cee3a6be-c3fe-4471-90c9-ff9035f191f3","block_type":"box","text":"Committee, and monitor and reevaluate them at","page_number":3,"box":{"x":749,"y":523,"width":204,"height":7}},{"id":"3a1f202b-7cd8-4911-8698-b40ac1c58b0f","block_type":"box","text":"least every 14 months. When the vehicles are","page_number":3,"box":{"x":750,"y":532,"width":188,"height":8}},{"id":"fda4acbe-88bb-4356-9d5a-493528f375a1","block_type":"box","text":"covered either indirectly by analysts or by","page_number":3,"box":{"x":749,"y":542,"width":177,"height":7}},{"id":"a846e378-fd44-4c6e-9444-7be2abda20c0","block_type":"box","text":"algorithm, the ratings are assigned monthly. For","page_number":3,"box":{"x":749,"y":551,"width":201,"height":8}},{"id":"b3b6124d-1cab-4503-a102-9356d4f0aa3f","block_type":"box","text":"more detailed information about these ratings,","page_number":3,"box":{"x":750,"y":561,"width":195,"height":8}},{"id":"14237255-2c3a-4023-8b58-1f8023068d59","block_type":"box","text":"including their methodology, please go to","page_number":3,"box":{"x":750,"y":570,"width":172,"height":8}},{"id":"41e1f4e7-9e18-4424-bc8d-6f8bd13fa111","block_type":"box","text":"global.","page_number":3,"box":{"x":924,"y":570,"width":28,"height":8}},{"id":"1ed838ca-9267-47bc-af56-19a796dc1c2b","block_type":"box","text":"morningstar.com/managerdisclosures/.","page_number":3,"box":{"x":750,"y":580,"width":165,"height":8}},{"id":"11114213-2e1a-4c85-8b03-b0a239bc6703","block_type":"box","text":"The Morningstar Medalist Ratings are not","page_number":3,"box":{"x":749,"y":589,"width":175,"height":8}},{"id":"35f449c2-b010-4f04-af35-9d65d9fc9098","block_type":"box","text":"statements of fact, nor are they credit or risk","page_number":3,"box":{"x":749,"y":599,"width":188,"height":7}},{"id":"ca9502fd-9895-40b3-8997-f9c72c0ff178","block_type":"box","text":"ratings. The Morningstar Medalist Rating (i)","page_number":3,"box":{"x":750,"y":608,"width":181,"height":8}},{"id":"989637d0-8f22-4a3d-ae82-1b57706675b4","block_type":"box","text":"should not be used as the sole basis in","page_number":3,"box":{"x":749,"y":618,"width":162,"height":6}},{"id":"f7578113-1105-4307-896f-3a540f1aa5b1","block_type":"box","text":"evaluating an investment product, (ii) involves","page_number":3,"box":{"x":749,"y":627,"width":194,"height":8}},{"id":"8f055849-02d8-4681-b65d-61082119970e","block_type":"box","text":"unknown risks and uncertainties which may","page_number":3,"box":{"x":750,"y":637,"width":185,"height":7}},{"id":"7b007bdf-dfd5-4b4b-a623-b3032a71cca3","block_type":"box","text":"cause expectations not to occur or to differ","page_number":3,"box":{"x":749,"y":646,"width":182,"height":8}},{"id":"14a65895-c064-4cd1-bc4b-c4763e6e87e1","block_type":"box","text":"significantly from what was expected, (iii) are","page_number":3,"box":{"x":749,"y":656,"width":190,"height":8}},{"id":"36af0647-133a-4985-bd12-c2b8e6c00d31","block_type":"box","text":"not guaranteed to be based on complete or","page_number":3,"box":{"x":750,"y":665,"width":182,"height":8}},{"id":"4db663f6-e36d-4998-b883-7edabc16700d","block_type":"box","text":"accurate assumptions or models when","page_number":3,"box":{"x":749,"y":675,"width":164,"height":7}},{"id":"eec69ff4-2e44-47a4-ac21-4562cfb4d5ec","block_type":"box","text":"determined algorithmically, (iv) involve the risk","page_number":3,"box":{"x":749,"y":684,"width":197,"height":8}},{"id":"7e94c185-918e-436b-b6b6-6256f675b9a2","block_type":"box","text":"that the return target will not be met due to","page_number":3,"box":{"x":749,"y":694,"width":182,"height":8}},{"id":"e003b610-3b6a-4309-86ea-5b56cd9879fe","block_type":"box","text":"such things as unforeseen changes in","page_number":3,"box":{"x":749,"y":703,"width":158,"height":8}},{"id":"651ac426-f889-40c3-bbcc-d3719732b6a8","block_type":"box","text":"management, technology, economic","page_number":3,"box":{"x":750,"y":713,"width":152,"height":8}},{"id":"092ae9b2-f33d-4531-96fc-911dc38572d0","block_type":"box","text":"development, interest rate development,","page_number":3,"box":{"x":749,"y":722,"width":172,"height":8}},{"id":"5f462e84-ae4e-4d49-8b47-42f67a6714fa","block_type":"box","text":"operating and/or material costs, competitive","page_number":3,"box":{"x":749,"y":732,"width":187,"height":8}},{"id":"5e3fd262-2410-460c-b366-6f85f808c643","block_type":"box","text":"pressure, supervisory law, exchange rate, tax","page_number":3,"box":{"x":750,"y":741,"width":188,"height":8}},{"id":"97d31de9-98c4-4883-bcc4-e27fecd85da2","block_type":"box","text":"rates, exchange rate changes, and/or changes in","page_number":3,"box":{"x":750,"y":751,"width":202,"height":8}},{"id":"c623f3db-e44a-4757-a731-a82c2fc427a1","block_type":"box","text":"political and social conditions, and (v) should","page_number":3,"box":{"x":750,"y":760,"width":187,"height":8}},{"id":"58a5034e-fa1c-4e7a-a4f0-aec006239af4","block_type":"box","text":"not be considered an offer or solicitation to buy","page_number":3,"box":{"x":750,"y":770,"width":198,"height":8}},{"id":"3e79d44e-48e3-420d-a2dc-214770ff3f8b","block_type":"box","text":"or sell the investment product. A change in the","page_number":3,"box":{"x":749,"y":779,"width":197,"height":8}},{"id":"738f68b3-3827-4598-964b-8398312798c4","block_type":"box","text":"fundamental factors underlying the Morningstar","page_number":3,"box":{"x":749,"y":789,"width":204,"height":8}},{"id":"366d8e8d-15db-4dee-adff-c338151b3f66","block_type":"box","text":"Medalist Rating can mean that the rating is","page_number":3,"box":{"x":750,"y":798,"width":180,"height":8}},{"id":"8bcf1bde-addd-410d-abbf-fa6bbc8b0b87","block_type":"box","text":"subsequently no longer accurate.","page_number":3,"box":{"x":749,"y":808,"width":141,"height":8}},{"id":"0d293e43-b7f3-469e-af5a-29c6e72568d4","block_type":"box","text":"The whole or any part of this work may not be","page_number":3,"box":{"x":749,"y":817,"width":192,"height":8}},{"id":"63d56af2-8050-4d18-aafc-9db5aad11ff8","block_type":"box","text":"reproduced, copied or transmitted or any of its","page_number":3,"box":{"x":750,"y":827,"width":196,"height":8}},{"id":"b5f25f57-063d-43f3-95c7-8cef168b8edf","block_type":"box","text":"contents disclosed to third parties without","page_number":3,"box":{"x":749,"y":836,"width":180,"height":8}},{"id":"104e9b27-d674-4371-b08a-5c41f76f1959","block_type":"box","text":"State Street Investment Management’s express","page_number":3,"box":{"x":749,"y":846,"width":201,"height":8}},{"id":"e848c028-58e4-4bb3-8152-c1e184f8bef1","block_type":"box","text":"written consent.","page_number":3,"box":{"x":749,"y":856,"width":69,"height":6}},{"id":"005d9c82-7183-4333-a0ec-eebdf3dccfdd","block_type":"box","text":"©","page_number":3,"box":{"x":749,"y":876,"width":5,"height":3}},{"id":"2fb892df-8dfe-4a41-b94e-aeff2dca371a","block_type":"box","text":"2026 State Street Corporation.","page_number":3,"box":{"x":756,"y":876,"width":131,"height":8}},{"id":"a47a6d9e-4178-4e01-8f3d-f77e6717e36b","block_type":"box","text":"All Rights Reserved.","page_number":3,"box":{"x":749,"y":886,"width":84,"height":8}},{"id":"a4672def-64a6-4177-a68c-6c0e50da8726","block_type":"box","text":"Expiration Date: 30/09/2027","page_number":3,"box":{"x":750,"y":895,"width":121,"height":8}}],"unit":"per_mille","page_width":595,"page_height":841,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":3}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"902bcdbd-601d-4e9c-b5cd-5dd54b3ee8c6"},"user_id":1000002,"date_created":"2026-10-06T21:04:25.791000Z","date_modified":"2026-10-06T21:04:25.791000Z","private":false}