{"annotation_id":"311f94b8-1f32-4848-8053-ff9476c93687","file_hash":"9557d83b4f7e23c5cb202962959423f866d37fbebf2d93bc52913a752be10d05","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"00a9173e-eaa6-4097-b685-3da7fbd83aeb","block_type":"box","text":"SSGA SPDR ETFs Europe II Plc","page_number":1,"box":{"x":92,"y":212,"width":306,"height":14}},{"id":"e3af64fe-8a0b-4c90-aeb8-d2b6a1fa5cbd","block_type":"box","text":"19 February 2026","page_number":1,"box":{"x":93,"y":229,"width":156,"height":13}},{"id":"a0a78899-8631-489d-8b68-dd8d7b80f6c3","block_type":"box","text":"State Street SPDR MSCI World","page_number":1,"box":{"x":84,"y":249,"width":743,"height":27}},{"id":"bc9d2b96-891f-4bc4-83c4-4a0f066c6cd4","block_type":"box","text":"Financials UCITS ETF","page_number":1,"box":{"x":86,"y":290,"width":515,"height":27}},{"id":"be19273f-3a60-49d6-b212-d42c30260e83","block_type":"box","text":"Supplement No. 41","page_number":1,"box":{"x":84,"y":338,"width":197,"height":13}},{"id":"ca581fbc-4a44-488a-b41e-3f8ecd7c6d83","block_type":"box","text":"(A sub-fund of SSGA SPDR ETFs Europe II plc (the “Company”) an open-ended investment company constituted","page_number":1,"box":{"x":83,"y":363,"width":833,"height":11}},{"id":"4827215c-db3b-42dc-b14a-d3095d258f34","block_type":"box","text":"as an umbrella fund with segregated liability between sub-funds authorised by the Central Bank of Ireland pursuant","page_number":1,"box":{"x":82,"y":378,"width":834,"height":11}},{"id":"796246d3-501a-43ff-a328-21cbc8493f48","block_type":"box","text":"to the UCITS Regulations).","page_number":1,"box":{"x":82,"y":393,"width":199,"height":12}},{"id":"26c432c6-909c-46f4-95a3-393ec6b04f35","block_type":"box","text":"This Supplement (the “Supplement”) forms part of the Prospectus dated 19 February 2026f as amended","page_number":1,"box":{"x":82,"y":424,"width":834,"height":12}},{"id":"e891669f-87b6-4253-bd36-8a69ba77a4e0","block_type":"box","text":"from time to time (the “Prospectus”) in relation to the Company. This Supplement should be read together","page_number":1,"box":{"x":82,"y":440,"width":835,"height":11}},{"id":"d4de48ae-b21b-4f65-9ef6-f19c3754c155","block_type":"box","text":"with the Prospectus and Packaged Retail and Insurance-based Investment Product document (“PRIIPs","page_number":1,"box":{"x":82,"y":455,"width":834,"height":11}},{"id":"32254127-9903-424c-8c06-5cdfc28e9d29","block_type":"box","text":"KID”) or Key Investor Information Document (“KIID”).","page_number":1,"box":{"x":83,"y":471,"width":417,"height":11}},{"id":"c15bd623-0fc4-4674-8671-14eb11b5baf6","block_type":"box","text":"It contains information relating to the State Street SPDR","page_number":1,"box":{"x":510,"y":471,"width":406,"height":11}},{"id":"58c085be-2a80-433f-96f0-7168a5d6ae7d","block_type":"box","text":"MSCI World Financials UCITS ETF (the “Fund”), which is represented by the State Street SPDR MSCI World","page_number":1,"box":{"x":83,"y":486,"width":833,"height":11}},{"id":"0020e2a2-066a-4d97-8ed0-6434ab047813","block_type":"box","text":"Financials UCITS ETF series of shares in the Company (the “Shares”).","page_number":1,"box":{"x":83,"y":501,"width":523,"height":12}},{"id":"a1406078-d706-4a2b-8b0f-d16c9efb88c2","block_type":"box","text":"All Shares in this Fund have been designated as ETF Shares. Unless otherwise defined herein or unless the","page_number":1,"box":{"x":82,"y":532,"width":834,"height":12}},{"id":"be0f3bc3-1199-4b28-a741-62ebc1aee218","block_type":"box","text":"context otherwise requires, all defined terms used in this Supplement shall bear the same meaning as in the","page_number":1,"box":{"x":82,"y":548,"width":834,"height":11}},{"id":"22367a8a-1c0b-48f8-9b47-8aec912dda96","block_type":"box","text":"Prospectus.","page_number":1,"box":{"x":83,"y":563,"width":86,"height":11}},{"id":"16df71ba-5d91-48f4-954f-5a7b80a6f35b","block_type":"box","text":"Prospective investors should review the entire Supplement, the Prospectus and PRIIPs KID or KIID carefully. If","page_number":1,"box":{"x":83,"y":594,"width":833,"height":11}},{"id":"5980737b-50ad-4062-8aee-629b2a340473","block_type":"box","text":"you have any questions, you should consult your stockbroker or financial adviser. Potential investors should","page_number":1,"box":{"x":82,"y":609,"width":834,"height":12}},{"id":"c489022c-c3bb-45d2-9120-e8d7bd6a2eba","block_type":"box","text":"consider the risk factors set out in the Prospectus and in this Supplement before investing in this Fund. The","page_number":1,"box":{"x":82,"y":625,"width":834,"height":11}},{"id":"21f3f544-a43e-4f76-99b4-cee79bba2314","block_type":"box","text":"Company and the Directors listed in the “Management” section of the Prospectus, accept responsibility for the","page_number":1,"box":{"x":82,"y":640,"width":834,"height":12}},{"id":"266830be-790d-418c-bd5e-c0d23d2be8f3","block_type":"box","text":"information contained in this Supplement.","page_number":1,"box":{"x":83,"y":656,"width":305,"height":11}},{"id":"6e9eddd0-0ab9-450e-bedf-18c00d1020b1","block_type":"box","text":"State Street SPDR MSCI World Financials UCITS ETF","page_number":2,"box":{"x":82,"y":44,"width":379,"height":8}},{"id":"a1b92bd2-39f0-4ce1-b0ed-c397bbcac02f","block_type":"box","text":"Fund Characteristics","page_number":2,"box":{"x":87,"y":85,"width":165,"height":9}},{"id":"55c50485-e909-4369-9366-f26149411e0c","block_type":"box","text":"Base Currency","page_number":2,"box":{"x":87,"y":104,"width":98,"height":10}},{"id":"454d41be-5aaf-4f93-9d17-b02a4ff64b92","block_type":"box","text":"USD","page_number":2,"box":{"x":329,"y":104,"width":30,"height":8}},{"id":"a1564746-1b67-4e27-ba4e-d46c487b7f54","block_type":"box","text":"Investment Manager","page_number":2,"box":{"x":87,"y":122,"width":136,"height":10}},{"id":"25485485-db26-44df-8a3f-c6e3cdcc0f72","block_type":"box","text":"State Street Global Advisors Europe Limited.","page_number":2,"box":{"x":329,"y":122,"width":298,"height":10}},{"id":"351a8b84-4de7-4b34-ac5c-ec62ae3c9836","block_type":"box","text":"Sub-Investment Manager(s)","page_number":2,"box":{"x":86,"y":141,"width":186,"height":10}},{"id":"e55d89e4-d6ac-4388-9de7-7dd13adc0eab","block_type":"box","text":"State Street Global Advisors Limited.","page_number":2,"box":{"x":329,"y":141,"width":245,"height":8}},{"id":"3cef0f92-de87-49c4-8333-7880bbd1323e","block_type":"box","text":"ISIN","page_number":2,"box":{"x":87,"y":159,"width":27,"height":8}},{"id":"4f5f4045-f9a3-4446-9165-f388c5b34722","block_type":"box","text":"IE00BYTRR970.","page_number":2,"box":{"x":329,"y":159,"width":110,"height":8}},{"id":"b275e2ab-d79a-4e14-81cd-c536f5c71c20","block_type":"box","text":"Total Expense Ratio (TER)","page_number":2,"box":{"x":86,"y":183,"width":179,"height":10}},{"id":"01cf6bbd-8481-4597-a270-9e3e80630f3c","block_type":"box","text":"Up to 0.30%. Further information in this respect is set out in the","page_number":2,"box":{"x":329,"y":177,"width":423,"height":10}},{"id":"40e196c7-726a-409e-add8-b683eac62cf0","block_type":"box","text":"“Fees and Expenses”","page_number":2,"box":{"x":758,"y":177,"width":154,"height":10}},{"id":"54037564-be0e-439d-a0ad-2a19b6b7ef00","block_type":"box","text":"section of the Prospectus.","page_number":2,"box":{"x":329,"y":189,"width":172,"height":10}},{"id":"85b6dd7e-6785-4472-a2e5-f4315ea096e2","block_type":"box","text":"Dividend Policy","page_number":2,"box":{"x":87,"y":207,"width":102,"height":10}},{"id":"4e47a9f2-5f6c-415e-bf38-5acf595d7026","block_type":"box","text":"All income and gains will be accumulated in the Net Asset Value per Share.","page_number":2,"box":{"x":328,"y":207,"width":503,"height":10}},{"id":"5f944da1-42e8-4fdd-8a4b-fd492d9233c3","block_type":"box","text":"SFDR Fund Classification","page_number":2,"box":{"x":86,"y":231,"width":172,"height":8}},{"id":"c47691f8-ace3-4dd3-a23d-dd0c9e6e2366","block_type":"box","text":"SFDR Fund Classification - For the purposes of SFDR","page_number":2,"box":{"x":329,"y":225,"width":388,"height":10}},{"id":"c43c162c-74dc-401b-a88a-9bcd096549e4","block_type":"box","text":"Article 6, the integration of","page_number":2,"box":{"x":725,"y":225,"width":188,"height":10}},{"id":"5ec72311-3169-40c3-a297-17693c5facbe","block_type":"box","text":"Sustainability Risk is not relevant for this Fund.","page_number":2,"box":{"x":329,"y":237,"width":311,"height":10}},{"id":"07122d77-a66f-4679-9604-e397330f6d1f","block_type":"box","text":"Dealing Information","page_number":2,"box":{"x":87,"y":266,"width":155,"height":12}},{"id":"f3a93a4c-54ef-4181-a920-b97b8fcfd23a","block_type":"box","text":"Dealing Deadline","page_number":2,"box":{"x":87,"y":316,"width":113,"height":10}},{"id":"9c9b74e2-bfe5-4b20-8e0d-d70e34621e15","block_type":"box","text":"Cash subscriptions and redemptions: 4.00 p.m. (Irish time) on each Dealing Day.","page_number":2,"box":{"x":329,"y":285,"width":538,"height":11}},{"id":"01d647d5-7dbb-4a2b-a588-7c04129cd419","block_type":"box","text":"Cash","page_number":2,"box":{"x":329,"y":298,"width":34,"height":8}},{"id":"7b03d3ea-f4f3-4025-b12d-17724c2d958c","block_type":"box","text":"subscriptions and redemptions on the last Dealing Day prior to 25 December and","page_number":2,"box":{"x":369,"y":298,"width":544,"height":10}},{"id":"c4ec373e-3822-4653-ac3a-ad1eff609891","block_type":"box","text":"1 January each year: 11.00 a.m. (Irish time).","page_number":2,"box":{"x":330,"y":310,"width":294,"height":10}},{"id":"8a929b43-6307-44a0-a500-9b59cd87b290","block_type":"box","text":"Earlier or later times may be determined by the Management Company at its","page_number":2,"box":{"x":329,"y":322,"width":514,"height":10}},{"id":"d26b9320-8cfd-4cd6-b732-0f299a17f257","block_type":"box","text":"discretion","page_number":2,"box":{"x":849,"y":322,"width":63,"height":8}},{"id":"f3dfad56-0515-495d-871d-bddc34ebe057","block_type":"box","text":"with prior notice to the Authorised Participants.","page_number":2,"box":{"x":328,"y":335,"width":311,"height":10}},{"id":"852149d2-7a8b-48d7-9256-e4a5085ed172","block_type":"box","text":"In-kind dealing by Shareholders is not permitted.","page_number":2,"box":{"x":329,"y":347,"width":322,"height":10}},{"id":"663df60c-bf84-4e6c-9a64-ab4616f308d8","block_type":"box","text":"Settlement Deadline","page_number":2,"box":{"x":86,"y":402,"width":135,"height":8}},{"id":"79658c53-a50a-45c0-b1fc-7f8286259116","block_type":"box","text":"For subscriptions 3.00 p.m. (Irish time) on the second","page_number":2,"box":{"x":329,"y":365,"width":366,"height":10}},{"id":"c050e2d5-b6ce-4b91-bac3-2aebe613dabc","block_type":"box","text":"Business Day after the Dealing","page_number":2,"box":{"x":702,"y":365,"width":210,"height":10}},{"id":"37fa0b04-de30-4f56-acb5-1d1774f2d777","block_type":"box","text":"Day: for redemptions 3.00 p.m. (Irish time) on the","page_number":2,"box":{"x":329,"y":377,"width":334,"height":10}},{"id":"1a9c5fbe-cddd-491f-97ad-cfe2b116adbe","block_type":"box","text":"third Business Day after the Dealing","page_number":2,"box":{"x":669,"y":377,"width":243,"height":10}},{"id":"df21d6d3-35b3-4b87-a8e2-0f2a4f6c9990","block_type":"box","text":"Day:, or such earlier or later date as may be determined by or agreed with the","page_number":2,"box":{"x":329,"y":390,"width":584,"height":10}},{"id":"d49ee098-300c-4e78-a7ef-166474eb0940","block_type":"box","text":"Management Company. The Management Company","page_number":2,"box":{"x":329,"y":402,"width":354,"height":10}},{"id":"e875bb6c-bfa7-40dd-8b17-8a229e3dc723","block_type":"box","text":"/Company will notify Shareholders","page_number":2,"box":{"x":683,"y":402,"width":230,"height":10}},{"id":"046ffd22-dc09-41d5-968d-bd451397def1","block_type":"box","text":"if, (i) an earlier Settlement Deadline applies in respect of subscriptions, or (ii) a later","page_number":2,"box":{"x":329,"y":414,"width":584,"height":10}},{"id":"9209cf78-a080-4da8-bc8e-1550c63b1ae6","block_type":"box","text":"Settlement Deadline applies in respect of redemptions. Settlement may be impacted by","page_number":2,"box":{"x":329,"y":426,"width":584,"height":10}},{"id":"b1b2123a-81f9-4f15-a64c-8194c542b042","block_type":"box","text":"the settlement schedule of the underlying markets.","page_number":2,"box":{"x":328,"y":439,"width":337,"height":10}},{"id":"da3db3c6-2e03-42a0-8205-572a171ec073","block_type":"box","text":"Dealing NAV","page_number":2,"box":{"x":87,"y":463,"width":85,"height":10}},{"id":"fc47aaee-6480-4997-9e92-770090727e0f","block_type":"box","text":"The Net Asset Value per Share calculated as at the Valuation Point on the Business Day","page_number":2,"box":{"x":328,"y":457,"width":585,"height":10}},{"id":"a5568894-4b68-4ff5-8da4-08208d1e91c9","block_type":"box","text":"following the relevant Dealing Day.","page_number":2,"box":{"x":328,"y":469,"width":232,"height":10}},{"id":"5bac46a6-ee79-4080-954c-dcfbcd5b2266","block_type":"box","text":"Minimum Subscription and","page_number":2,"box":{"x":86,"y":487,"width":177,"height":10}},{"id":"e45a92ee-ef46-45fa-84d9-88702f11df7f","block_type":"box","text":"Redemption Amount","page_number":2,"box":{"x":87,"y":499,"width":136,"height":10}},{"id":"542e0cc0-66ef-4a35-b976-469f6cbe07fe","block_type":"box","text":"Authorised Participants should refer to the Authorised Participant Operating Guidelines","page_number":2,"box":{"x":328,"y":487,"width":585,"height":10}},{"id":"d2f4f63e-409b-4a05-bb92-06ab171124ab","block_type":"box","text":"for details of the current minimum subscription and redemption amounts for the Fund.","page_number":2,"box":{"x":328,"y":499,"width":570,"height":10}},{"id":"8e7e443c-9410-44dc-ac08-2f23dd726d48","block_type":"box","text":"Index Information","page_number":2,"box":{"x":86,"y":528,"width":139,"height":9}},{"id":"d68a6f45-c311-417d-a26c-21931e8569b2","block_type":"box","text":"Index (Ticker)","page_number":2,"box":{"x":87,"y":547,"width":90,"height":10}},{"id":"668f84a0-500d-442a-8d07-d77a66887c03","block_type":"box","text":"MSCI World Financials 35/20 Capped Index (NU731554).","page_number":2,"box":{"x":329,"y":547,"width":383,"height":10}},{"id":"e4ddfc4e-16a0-408a-a55a-57643a617eca","block_type":"box","text":"Index Rebalance Frequency","page_number":2,"box":{"x":87,"y":566,"width":187,"height":10}},{"id":"13dd4ba6-fac5-4be2-8a9a-dbdcca60de1c","block_type":"box","text":"Quarterly.","page_number":2,"box":{"x":329,"y":565,"width":64,"height":11}},{"id":"013fa5fd-5848-4f42-8345-34f7a093236c","block_type":"box","text":"Additional Index Information","page_number":2,"box":{"x":86,"y":596,"width":186,"height":8}},{"id":"240cbec1-fb20-4921-8c67-42bb9f4fe0e9","block_type":"box","text":"Further details of the Index and its performance can be found at:","page_number":2,"box":{"x":329,"y":584,"width":428,"height":10}},{"id":"03cdfd16-7c74-4fe3-98f3-f27c9ede7032","block_type":"box","text":"https://www.msci.com/constituents","page_number":2,"box":{"x":329,"y":596,"width":230,"height":10}},{"id":"32678fdc-89c7-46e7-82e2-fb449087dd9e","block_type":"box","text":"https://www.msci.com/documents/10199/6bf05947-bc65-fcd4-88aa-08a88a735a07","page_number":2,"box":{"x":329,"y":608,"width":553,"height":10}},{"id":"4d2b418e-10e6-413d-9430-88968c55284f","block_type":"box","text":"Valuation Information","page_number":2,"box":{"x":86,"y":637,"width":171,"height":9}},{"id":"46477cbf-5ec0-48ff-83b5-d63bc5879456","block_type":"box","text":"Valuation","page_number":2,"box":{"x":86,"y":663,"width":62,"height":7}},{"id":"53159172-0473-4aed-a13e-6da50cf74261","block_type":"box","text":"The Net Asset Value per Share is calculated in accordance with the “","page_number":2,"box":{"x":328,"y":656,"width":465,"height":10}},{"id":"2d81d079-8815-4c0e-b658-168ac96806b2","block_type":"box","text":"Determination of","page_number":2,"box":{"x":794,"y":656,"width":119,"height":8}},{"id":"be232be1-4c27-4dd6-9370-94cc2effc151","block_type":"box","text":"Net Asset Value","page_number":2,"box":{"x":329,"y":669,"width":113,"height":8}},{"id":"4a8b3690-417a-41b6-9091-87733709c9b6","block_type":"box","text":"” section of the Prospectus.","page_number":2,"box":{"x":443,"y":669,"width":182,"height":10}},{"id":"3d95c394-4462-45c0-99c6-eb5f7f72f63a","block_type":"box","text":"Valuation Pricing Used","page_number":2,"box":{"x":86,"y":687,"width":152,"height":10}},{"id":"94dc16a4-c7c9-4cfe-b60a-b7b078c0c77c","block_type":"box","text":"Last traded.","page_number":2,"box":{"x":329,"y":687,"width":78,"height":8}},{"id":"183fcd5b-315e-4be2-90f8-2aa5cf39a1b8","block_type":"box","text":"Valuation Point","page_number":2,"box":{"x":86,"y":705,"width":101,"height":8}},{"id":"2bd0a7fe-42df-4c43-b815-97368761e4e7","block_type":"box","text":"10.15 p.m. (Irish time) on each Business Day.","page_number":2,"box":{"x":330,"y":705,"width":303,"height":10}},{"id":"7816a687-e509-4707-aa7f-51bdb9f3858d","block_type":"box","text":"State Street SPDR MSCI World Financials UCITS ETF","page_number":3,"box":{"x":82,"y":44,"width":379,"height":8}},{"id":"6b8c6f9e-9d4f-49df-8ca5-73a343aee15f","block_type":"box","text":"Investment Objective and Policy","page_number":3,"box":{"x":83,"y":97,"width":301,"height":13}},{"id":"59e2e2c6-58e4-497f-a9a3-a0d110a66390","block_type":"box","text":"Investment Objective:","page_number":3,"box":{"x":83,"y":119,"width":159,"height":10}},{"id":"cb8e3897-eba9-424f-939e-4f86d6e12330","block_type":"box","text":"The investment objective of the","page_number":3,"box":{"x":253,"y":119,"width":228,"height":10}},{"id":"4e25431d-01cd-4bfa-a118-1e3a9c0f30e5","block_type":"box","text":"Fund is to track the performance of companies in the","page_number":3,"box":{"x":83,"y":134,"width":398,"height":10}},{"id":"344a9795-f775-4ba4-9837-5e8afc78750d","block_type":"box","text":"Financials sector, across developed markets globally.","page_number":3,"box":{"x":83,"y":148,"width":356,"height":10}},{"id":"5eb84844-6b94-4168-b8ee-ac8ea60ae591","block_type":"box","text":"Investment Policy:","page_number":3,"box":{"x":83,"y":171,"width":131,"height":11}},{"id":"5d8b7f50-9557-4eae-8b67-9282783b9482","block_type":"box","text":"The investment policy of the Fund is to","page_number":3,"box":{"x":220,"y":171,"width":261,"height":11}},{"id":"8b4bcaf9-6326-45ea-816e-a629b204156b","block_type":"box","text":"track the performance of the Index (or any other index","page_number":3,"box":{"x":82,"y":186,"width":399,"height":10}},{"id":"6adff4ce-2865-4abd-b11f-6b4037576d75","block_type":"box","text":"determined by the Directors from time to time to track","page_number":3,"box":{"x":82,"y":200,"width":399,"height":10}},{"id":"7a249dbc-ec2f-4ac6-b270-5861b8573c62","block_type":"box","text":"substantially the same market as the Index) as closely as","page_number":3,"box":{"x":82,"y":214,"width":399,"height":10}},{"id":"ee20be9c-e879-4f19-bec1-eab9319b77f4","block_type":"box","text":"possible, while seeking to minimise as far as possible the","page_number":3,"box":{"x":83,"y":228,"width":398,"height":11}},{"id":"879a99ff-322e-405d-ba25-df00be0754d5","block_type":"box","text":"tracking difference between the Fund’s performance and","page_number":3,"box":{"x":82,"y":243,"width":398,"height":10}},{"id":"2ddaa142-ef8d-4e83-a6b0-560caf8f3c70","block_type":"box","text":"that of the Index.","page_number":3,"box":{"x":82,"y":257,"width":111,"height":8}},{"id":"d685f0e8-60a4-44fa-89b9-916162bfec52","block_type":"box","text":"The Index measures the performance of global equities that","page_number":3,"box":{"x":82,"y":281,"width":399,"height":10}},{"id":"9485a1b5-af80-4154-9070-fd3fd2c7f461","block_type":"box","text":"are classified as falling within the Financials sector, as per","page_number":3,"box":{"x":82,"y":295,"width":400,"height":10}},{"id":"93e487c5-6f1d-45eb-8ff9-e4f239d69493","block_type":"box","text":"the Global Industry Classification Standard (GICS). GICS is","page_number":3,"box":{"x":82,"y":309,"width":399,"height":10}},{"id":"343c2e76-be7f-4504-86b7-3948040416b1","block_type":"box","text":"a widely accepted industry analysis framework, jointly","page_number":3,"box":{"x":82,"y":323,"width":399,"height":10}},{"id":"e5347e5f-e999-4584-af7a-b2a60ae3f8a5","block_type":"box","text":"developed and maintained by MSCI and Standard & Poor's.","page_number":3,"box":{"x":82,"y":338,"width":398,"height":10}},{"id":"f27b6800-6abd-4059-b3fe-21f6a1612c65","block_type":"box","text":"Securities are weighted by market capitalisation. Index","page_number":3,"box":{"x":82,"y":352,"width":399,"height":10}},{"id":"7213caab-4485-4ef5-99c7-b1b5188bcccc","block_type":"box","text":"constituents may on occasion be rebalanced more often","page_number":3,"box":{"x":82,"y":366,"width":398,"height":10}},{"id":"505ac622-fb8c-41a0-9c63-5bae376e0ed0","block_type":"box","text":"than the Index Rebalance Frequency, if required by the","page_number":3,"box":{"x":82,"y":380,"width":399,"height":10}},{"id":"aa9ced3c-caff-43ed-bda4-a62067177609","block_type":"box","text":"Index methodology, including for example where corporate","page_number":3,"box":{"x":83,"y":394,"width":398,"height":11}},{"id":"79933f29-3105-4918-84ed-7af5e2b202fc","block_type":"box","text":"actions such as mergers or acquisitions affect components","page_number":3,"box":{"x":82,"y":409,"width":399,"height":10}},{"id":"4f854fc6-4f3b-4527-b0e2-cdd6ab799c84","block_type":"box","text":"of the Index.","page_number":3,"box":{"x":82,"y":423,"width":82,"height":8}},{"id":"30c53b37-53a7-444b-b6dd-f56364602bba","block_type":"box","text":"Although the Index is generally well diversified, because of","page_number":3,"box":{"x":82,"y":447,"width":399,"height":10}},{"id":"a8f31b63-2916-4d9b-8f04-4c1da7b51892","block_type":"box","text":"the market it reflects it may, depending on market conditions,","page_number":3,"box":{"x":82,"y":461,"width":398,"height":10}},{"id":"abce1d45-f2da-4e55-828d-9dfddffe5bdc","block_type":"box","text":"contain constituents issued by the same body that may","page_number":3,"box":{"x":82,"y":475,"width":399,"height":10}},{"id":"24bf4cb1-08b9-40be-982d-4bcef9d84df0","block_type":"box","text":"represent more than 10% of the Index. In order for the Fund","page_number":3,"box":{"x":83,"y":490,"width":397,"height":10}},{"id":"ef66cde5-4241-4fbf-a63b-9d60dcfcad5e","block_type":"box","text":"to track the Index accurately, the Fund will make use of the","page_number":3,"box":{"x":82,"y":504,"width":399,"height":10}},{"id":"62d24981-dc73-4f72-899c-e1e6431f979e","block_type":"box","text":"increased diversification limits available under Regulation 71","page_number":3,"box":{"x":83,"y":518,"width":395,"height":10}},{"id":"0fe9cfe8-f4f2-419c-9363-854d4e644024","block_type":"box","text":"of the UCITS Regulations. These limits permit the Fund to","page_number":3,"box":{"x":82,"y":532,"width":399,"height":10}},{"id":"8b7b5693-31bf-41f7-8f59-9b63e3ffffd1","block_type":"box","text":"hold positions in individual constituents of the Index issued","page_number":3,"box":{"x":83,"y":546,"width":397,"height":10}},{"id":"f657bdb9-c8a3-45a3-80fa-60bff3918e1e","block_type":"box","text":"by the same body of up to 20%.","page_number":3,"box":{"x":83,"y":561,"width":210,"height":10}},{"id":"2ec72d94-20b0-450f-bc38-7c5b2fa34da4","block_type":"box","text":"The Investment Manager and/or Sub-Investment Manager,","page_number":3,"box":{"x":82,"y":584,"width":398,"height":11}},{"id":"44aa7e73-929e-442f-8ee1-7627003dda2a","block_type":"box","text":"on behalf of the Fund, will invest using the replication","page_number":3,"box":{"x":82,"y":599,"width":398,"height":10}},{"id":"56c2ce95-0b08-42b1-a3e8-e0e858e7d6fd","block_type":"box","text":"strategy as further described in the \"","page_number":3,"box":{"x":82,"y":613,"width":238,"height":10}},{"id":"b1b93bf9-ce4b-4558-839d-4a43454c4fcb","block_type":"box","text":"Investment Objectives","page_number":3,"box":{"x":322,"y":613,"width":159,"height":10}},{"id":"a65048f1-4456-4084-a0dd-9a718717799e","block_type":"box","text":"and Policies – Index Tracking Funds","page_number":3,"box":{"x":82,"y":627,"width":285,"height":10}},{"id":"4f0fe851-66ec-404a-a17a-d3612cd22c3d","block_type":"box","text":"\" section of the","page_number":3,"box":{"x":368,"y":627,"width":113,"height":8}},{"id":"be00a64e-803b-4f18-bc18-1ca2de2391df","block_type":"box","text":"Prospectus, primarily in the securities of the Index, at all","page_number":3,"box":{"x":83,"y":641,"width":397,"height":10}},{"id":"ab083862-a7ff-4a1b-b6bf-c4fdb159b480","block_type":"box","text":"times in accordance with the Investment Restrictions set","page_number":3,"box":{"x":82,"y":656,"width":399,"height":8}},{"id":"ad990402-c2e8-47d9-8bbe-97bcea9b5926","block_type":"box","text":"forth in the Prospectus. The Investment Manager and/or","page_number":3,"box":{"x":82,"y":670,"width":399,"height":10}},{"id":"1a2cec03-c327-436f-a577-80b4cf07d059","block_type":"box","text":"Sub-Investment Manager also may, in exceptional","page_number":3,"box":{"x":82,"y":684,"width":398,"height":10}},{"id":"053c63b8-a1ec-4c51-8727-33735cbd1068","block_type":"box","text":"circumstances, invest in securities not included in the Index","page_number":3,"box":{"x":82,"y":698,"width":399,"height":10}},{"id":"213626a2-d1bd-4299-b14c-bb6890fa1b41","block_type":"box","text":"but that it believes closely reflect the risk and distribution","page_number":3,"box":{"x":83,"y":713,"width":397,"height":10}},{"id":"3ab631e5-f74b-4575-a5b0-eae69563d542","block_type":"box","text":"characteristics of securities of the Index. The equity","page_number":3,"box":{"x":82,"y":727,"width":399,"height":10}},{"id":"d94b5d36-cf4d-40e8-8d16-51c75aa49db1","block_type":"box","text":"securities in which the Fund invests will be primarily listed or","page_number":3,"box":{"x":82,"y":741,"width":399,"height":10}},{"id":"f49622b8-9c61-4bf9-85fc-1b63cde66419","block_type":"box","text":"traded on Recognised Markets in accordance with the limits","page_number":3,"box":{"x":82,"y":755,"width":399,"height":10}},{"id":"178561be-a056-475b-ab58-02da5c8eecd8","block_type":"box","text":"set out in the UCITS Regulations. Details of the Fund’s","page_number":3,"box":{"x":82,"y":769,"width":399,"height":11}},{"id":"2c5b3bbd-8737-40d3-be28-0996c40738dc","block_type":"box","text":"portfolio and the indicative net asset value per Share for the","page_number":3,"box":{"x":83,"y":784,"width":398,"height":10}},{"id":"d3dc2f75-6684-4ba7-8128-1b303fe2df49","block_type":"box","text":"Fund are available on the Website daily.","page_number":3,"box":{"x":83,"y":798,"width":267,"height":10}},{"id":"b40ce408-7f81-498f-a5a5-ebce5c0eb66f","block_type":"box","text":"Permitted Investments","page_number":3,"box":{"x":83,"y":823,"width":212,"height":10}},{"id":"99e513e7-09a7-4966-85de-55215d19e323","block_type":"box","text":"Equities:","page_number":3,"box":{"x":83,"y":845,"width":61,"height":10}},{"id":"667aeb4a-6ef7-40f2-992f-b3a2380aa4ec","block_type":"box","text":"The securities in which the Fund invests may","page_number":3,"box":{"x":154,"y":845,"width":327,"height":10}},{"id":"88357e8f-6c9a-4bdd-87d2-3ca727e78afe","block_type":"box","text":"include equities, or equity-related securities such as","page_number":3,"box":{"x":83,"y":860,"width":398,"height":10}},{"id":"bda6f6f6-31da-4b06-b574-2c72b332593c","block_type":"box","text":"American Depositary Receipts (ADRs) or Global Depositary","page_number":3,"box":{"x":82,"y":874,"width":399,"height":10}},{"id":"b2d97c4e-1024-4236-9e38-b5abe7f8b29c","block_type":"box","text":"Receipts (GDRs). ADRs and GDRs are typically used","page_number":3,"box":{"x":83,"y":888,"width":398,"height":10}},{"id":"f28504e7-39f4-47dc-b5b7-90393e5dd0ec","block_type":"box","text":"instead of local shares, where owning the local shares","page_number":3,"box":{"x":83,"y":902,"width":398,"height":10}},{"id":"079f94f3-c2b6-4669-b46b-afeb749e1c29","block_type":"box","text":"represented in the Index is not possible or prohibitively","page_number":3,"box":{"x":83,"y":916,"width":398,"height":10}},{"id":"0d434c97-3b56-438d-b0fb-bde256109a82","block_type":"box","text":"expensive.","page_number":3,"box":{"x":82,"y":931,"width":71,"height":10}},{"id":"2965e597-9cc4-4220-90b7-dff7166d81af","block_type":"box","text":"Other Funds / Liquid Assets:","page_number":3,"box":{"x":518,"y":96,"width":209,"height":10}},{"id":"dcc0b976-87b3-4aa5-a5a9-f75269cf0f3a","block_type":"box","text":"The Fund may invest up to","page_number":3,"box":{"x":733,"y":96,"width":183,"height":10}},{"id":"2fe9ed76-93a4-4b07-a036-068bbeb45334","block_type":"box","text":"10% of its net assets in other regulated open-ended funds","page_number":3,"box":{"x":519,"y":110,"width":397,"height":10}},{"id":"00a1da8d-fe31-4a6d-a54b-2b8b8dd914d1","block_type":"box","text":"(including Money Market Funds) where the objectives of","page_number":3,"box":{"x":518,"y":124,"width":399,"height":10}},{"id":"1ad63758-6669-49d6-b793-1224b6801bb0","block_type":"box","text":"such funds are consistent with the objective of the Fund and","page_number":3,"box":{"x":518,"y":139,"width":398,"height":10}},{"id":"b173bb26-b139-4dcf-a540-403325c4f94b","block_type":"box","text":"where such funds are authorised in member states of the","page_number":3,"box":{"x":518,"y":153,"width":398,"height":8}},{"id":"9d4e732d-8625-4387-b9c9-910b7b97971e","block_type":"box","text":"EEA, United Kingdom, USA, Jersey, Guernsey or the Isle of","page_number":3,"box":{"x":519,"y":167,"width":398,"height":10}},{"id":"c19a162c-8e59-413a-a387-d92fd16d5768","block_type":"box","text":"Man and where such funds comply in all material respects","page_number":3,"box":{"x":519,"y":181,"width":397,"height":10}},{"id":"364bcb27-8a71-4231-b986-49d14de07360","block_type":"box","text":"with the provisions of the UCITS Regulations. The Fund may","page_number":3,"box":{"x":518,"y":195,"width":399,"height":11}},{"id":"4538a387-e220-4424-bb02-ae0f3e96a812","block_type":"box","text":"hold ancillary liquid assets such as deposits in accordance","page_number":3,"box":{"x":518,"y":210,"width":399,"height":10}},{"id":"b79c8bab-d7f2-4498-a6c0-cfad8083831e","block_type":"box","text":"with the UCITS Regulations.","page_number":3,"box":{"x":518,"y":224,"width":188,"height":10}},{"id":"fd95ee87-42f4-4b43-9896-6b73014f7eee","block_type":"box","text":"Derivatives:","page_number":3,"box":{"x":519,"y":248,"width":83,"height":8}},{"id":"844f31e4-12f4-4b1b-8d97-e3f91b1a2dc8","block_type":"box","text":"The Fund may, for efficient portfolio","page_number":3,"box":{"x":620,"y":248,"width":297,"height":10}},{"id":"ebb3d908-ca7a-4419-8be4-18f93c78cd07","block_type":"box","text":"management purposes only, use financial derivative","page_number":3,"box":{"x":518,"y":262,"width":398,"height":10}},{"id":"655f66ca-a333-42ac-b93f-a93e6935f846","block_type":"box","text":"instruments (“","page_number":3,"box":{"x":518,"y":276,"width":92,"height":10}},{"id":"39970fca-d048-495c-9631-2cbb73a28c95","block_type":"box","text":"FDIs","page_number":3,"box":{"x":612,"y":276,"width":31,"height":8}},{"id":"b0cc87fd-6c6f-49e0-ab5e-e8541c9271b7","block_type":"box","text":"”). Any use of FDIs by the Fund shall be","page_number":3,"box":{"x":644,"y":276,"width":272,"height":10}},{"id":"06906542-ba38-4c90-9847-aaed570cf1d7","block_type":"box","text":"limited to futures and forward foreign exchange contracts","page_number":3,"box":{"x":518,"y":290,"width":398,"height":10}},{"id":"e16f31c3-57ba-4454-966a-dc1afecba451","block_type":"box","text":"(including non-deliverable forwards) and warrants. Efficient","page_number":3,"box":{"x":518,"y":304,"width":399,"height":11}},{"id":"e07724e2-08e8-43d0-8d55-88c71de9075a","block_type":"box","text":"portfolio management means investment decisions involving","page_number":3,"box":{"x":518,"y":319,"width":398,"height":10}},{"id":"184fb942-74b9-4feb-98b1-22c99ec4ce65","block_type":"box","text":"transactions that are entered into for one or more of the","page_number":3,"box":{"x":518,"y":333,"width":398,"height":8}},{"id":"c6dc3325-669b-436d-82e0-542928f75661","block_type":"box","text":"following specific aims: the reduction of risk; the reduction of","page_number":3,"box":{"x":518,"y":347,"width":399,"height":10}},{"id":"53c86815-a23f-482a-8ee4-31ad268abc77","block_type":"box","text":"cost; the generation of additional capital or income for the","page_number":3,"box":{"x":518,"y":362,"width":399,"height":10}},{"id":"495a6304-7788-465c-a331-4fb322e7fa2e","block_type":"box","text":"Fund with an appropriate level of risk, taking into account the","page_number":3,"box":{"x":519,"y":376,"width":397,"height":10}},{"id":"2e0551b6-f026-4b74-8bd7-f6756b8472e7","block_type":"box","text":"risk profile of the Fund; or the minimisation of tracking error,","page_number":3,"box":{"x":519,"y":390,"width":397,"height":10}},{"id":"df8ff320-7a30-474a-b424-2aa7b4d0dead","block_type":"box","text":"i.e. the risk that the Fund return varies from the Index return.","page_number":3,"box":{"x":518,"y":404,"width":398,"height":8}},{"id":"15fa3801-a158-4fe5-9ca9-daef586351f6","block_type":"box","text":"FDIs are described in the","page_number":3,"box":{"x":519,"y":419,"width":183,"height":7}},{"id":"3aec897a-c084-4a0e-85f4-e13bcbced9e1","block_type":"box","text":"\"Investment Objectives and","page_number":3,"box":{"x":712,"y":418,"width":204,"height":10}},{"id":"3d67c523-f8a7-4870-8d9b-de9b5bd170b8","block_type":"box","text":"Policies – Use of Financial Derivative Instruments\"","page_number":3,"box":{"x":519,"y":433,"width":396,"height":8}},{"id":"c6750490-895a-4b50-9ec2-124c0cbe99a9","block_type":"box","text":"section of the Prospectus.","page_number":3,"box":{"x":518,"y":447,"width":172,"height":10}},{"id":"bbb5f20a-2fda-4faa-b9bc-720c22b19932","block_type":"box","text":"Securities Lending, Repurchase","page_number":3,"box":{"x":518,"y":471,"width":404,"height":14}},{"id":"4f4c5de6-48b3-4221-bf79-96cea479742a","block_type":"box","text":"Agreements & Reverse Repurchase","page_number":3,"box":{"x":518,"y":491,"width":404,"height":13}},{"id":"52bc34f5-fc67-49c2-8ab9-ffad5b2bee51","block_type":"box","text":"Agreements","page_number":3,"box":{"x":518,"y":510,"width":117,"height":13}},{"id":"5219e477-aa2f-4e27-a90e-33a91d739413","block_type":"box","text":"Investors should note that the Company may engage","page_number":3,"box":{"x":519,"y":538,"width":397,"height":12}},{"id":"01bc83d8-8a33-4f83-8130-ad7a49946fc2","block_type":"box","text":"in securities lending on behalf of the Fund where the","page_number":3,"box":{"x":519,"y":554,"width":397,"height":11}},{"id":"fa16b134-4586-40bc-82b7-8dcccf22d21b","block_type":"box","text":"Investment Manager and/or Sub-Investment Manager","page_number":3,"box":{"x":519,"y":569,"width":398,"height":11}},{"id":"46015d5a-ac58-4e4f-ad1e-711b5b2a4561","block_type":"box","text":"believes it is appropriate to do so and in accordance","page_number":3,"box":{"x":518,"y":585,"width":398,"height":11}},{"id":"07ae9af3-87b4-4292-b1e1-270fab5179ae","block_type":"box","text":"with the “","page_number":3,"box":{"x":518,"y":600,"width":67,"height":9}},{"id":"027ab650-6761-41d9-b20d-6e95a929a023","block_type":"box","text":"Investment Objectives and Policies – Use","page_number":3,"box":{"x":587,"y":600,"width":329,"height":11}},{"id":"beb55bb1-8947-4c7f-a57b-88a3ce4cc9ca","block_type":"box","text":"of Repurchase/Reverse Repurchase","page_number":3,"box":{"x":518,"y":615,"width":398,"height":11}},{"id":"54b8735a-a8e9-4d1c-b5b9-9419f070bf49","block_type":"box","text":"Agreements/Securities Lending Agreements","page_number":3,"box":{"x":518,"y":630,"width":393,"height":12}},{"id":"fdc35892-edeb-4cdb-a364-6cb6b35640a9","block_type":"box","text":"”","page_number":3,"box":{"x":912,"y":631,"width":4,"height":3}},{"id":"d483115a-13b6-432f-b000-34b35197b708","block_type":"box","text":"section of the Prospectus. Investors should read the","page_number":3,"box":{"x":518,"y":646,"width":398,"height":11}},{"id":"91805232-a859-415a-9e92-a4fa9c2e61bc","block_type":"box","text":"risk warning headed “","page_number":3,"box":{"x":519,"y":661,"width":157,"height":11}},{"id":"04658739-76e8-4d61-af83-e0d2c065f7d5","block_type":"box","text":"Securities Lending Risk","page_number":3,"box":{"x":677,"y":661,"width":189,"height":11}},{"id":"9f62c4a3-0695-4252-b166-9f7ede1c0eb9","block_type":"box","text":"” in the","page_number":3,"box":{"x":867,"y":661,"width":49,"height":9}},{"id":"989367f3-d71b-439b-9172-d1d73de9f830","block_type":"box","text":"“","page_number":3,"box":{"x":518,"y":676,"width":5,"height":3}},{"id":"9723029b-c747-4873-8b54-8494693d3869","block_type":"box","text":"Risk Information","page_number":3,"box":{"x":524,"y":676,"width":132,"height":9}},{"id":"ada9f55f-f106-4146-8561-20d999072db8","block_type":"box","text":"” section of the Prospectus in this","page_number":3,"box":{"x":658,"y":676,"width":258,"height":11}},{"id":"bd003d35-04de-4054-9d23-66d9bde6968b","block_type":"box","text":"regard. The Fund’s maximum exposure to securities","page_number":3,"box":{"x":519,"y":692,"width":397,"height":11}},{"id":"fdf0add1-7615-4b54-bfb2-4f8293750480","block_type":"box","text":"lending as a percentage of its Net Asset Value will not","page_number":3,"box":{"x":519,"y":707,"width":397,"height":11}},{"id":"4db26abb-448e-4bb9-a67b-5b5f87cab519","block_type":"box","text":"exceed 40%. Lending levels will be influenced by","page_number":3,"box":{"x":518,"y":722,"width":398,"height":11}},{"id":"e3f6b4e4-abba-47b9-bd82-f52f5ec3559f","block_type":"box","text":"market factors and, subject to the maximum","page_number":3,"box":{"x":519,"y":738,"width":397,"height":11}},{"id":"da98fcf4-8c70-407d-b2aa-6b9cb729557e","block_type":"box","text":"referenced above, cannot be predicted with any","page_number":3,"box":{"x":519,"y":753,"width":397,"height":11}},{"id":"8065d8c1-699c-4279-85cf-9aff79cadc3f","block_type":"box","text":"certainty. Past lending figures are not a reliable","page_number":3,"box":{"x":518,"y":768,"width":398,"height":11}},{"id":"fd448bcf-1d95-4b83-ba8a-95f0f2259fa9","block_type":"box","text":"indicator of future levels. The Fund does not intend to","page_number":3,"box":{"x":519,"y":784,"width":397,"height":8}},{"id":"50dbfddb-bcfb-4460-8077-36a89c63abbb","block_type":"box","text":"engage in repurchase or reverse repurchase","page_number":3,"box":{"x":518,"y":799,"width":398,"height":11}},{"id":"f46e01c2-d040-4dea-ab30-8720d040e6b8","block_type":"box","text":"agreements.","page_number":3,"box":{"x":518,"y":815,"width":91,"height":10}},{"id":"d5884af0-98bd-4938-ae3b-ca116447aefb","block_type":"box","text":"The Company has appointed State Street Bank and Trust","page_number":3,"box":{"x":518,"y":836,"width":399,"height":10}},{"id":"34ccbfd3-673c-4ce8-86dd-3f097425931c","block_type":"box","text":"Company, a bank incorporated under the laws of","page_number":3,"box":{"x":518,"y":850,"width":399,"height":11}},{"id":"00d38f77-bdc2-4797-a2a0-0a71c4af89ed","block_type":"box","text":"Massachussetts whose registered office is at One Congress","page_number":3,"box":{"x":519,"y":865,"width":397,"height":10}},{"id":"a7d17435-0ed8-436a-bd8e-4d63a064a8bd","block_type":"box","text":"Street, Boston, Massachusetts, 02114-2016, U.S.A., and","page_number":3,"box":{"x":518,"y":879,"width":398,"height":9}},{"id":"d2a40961-3fad-4ca2-b9e4-16ec25a2324e","block_type":"box","text":"acting for the purposes of the securities lending agreement","page_number":3,"box":{"x":518,"y":893,"width":399,"height":10}},{"id":"42e97641-1891-4437-9d50-630863e02efa","block_type":"box","text":"through its London branch (Branch Registration No. in","page_number":3,"box":{"x":518,"y":907,"width":398,"height":11}},{"id":"b5b22d7b-c6e2-4264-884b-8ef2ee723c77","block_type":"box","text":"England BR002088) at 20 Churchill Place, London E14 5HJ,","page_number":3,"box":{"x":519,"y":922,"width":397,"height":10}},{"id":"ac15a516-5615-4151-a599-312e570229bf","block_type":"box","text":"State Street SPDR MSCI World Financials UCITS ETF","page_number":4,"box":{"x":82,"y":44,"width":379,"height":8}},{"id":"fc4b14ba-a9a5-4927-834f-ce926e349759","block_type":"box","text":"England as a securities lending agent to the Company","page_number":4,"box":{"x":83,"y":107,"width":398,"height":10}},{"id":"4e3f0a1a-6c69-49ee-b25c-f83233b70aa8","block_type":"box","text":"pursuant to a securities lending agreement between the","page_number":4,"box":{"x":83,"y":121,"width":398,"height":10}},{"id":"8fbca2a8-4f93-4c3d-b43f-01008675cfcc","block_type":"box","text":"Company, State Street Bank and Trust Company and the","page_number":4,"box":{"x":82,"y":135,"width":399,"height":10}},{"id":"89d78a05-a5f1-4533-b89a-54f13f846b08","block_type":"box","text":"Depositary dated 27 October 2023 (a “Securities Lending","page_number":4,"box":{"x":83,"y":150,"width":397,"height":10}},{"id":"d7f781d1-215d-444a-a45d-59a35252038b","block_type":"box","text":"Agreement”). This Securities Lending Agreement appoints","page_number":4,"box":{"x":82,"y":164,"width":399,"height":10}},{"id":"dd2b98c0-1eaa-47ef-96ac-39c410bbe4aa","block_type":"box","text":"State Street Bank and Trust Company acting through its","page_number":4,"box":{"x":82,"y":178,"width":399,"height":10}},{"id":"9b7130f8-5f3e-464c-b3c3-56497b68bad4","block_type":"box","text":"London Branch to manage the Fund’s securities lending","page_number":4,"box":{"x":83,"y":193,"width":397,"height":10}},{"id":"314181e1-23d0-444e-876a-95e32715272e","block_type":"box","text":"activities and provides for State Street Bank and Trust","page_number":4,"box":{"x":82,"y":207,"width":399,"height":10}},{"id":"bacbe1f1-2b25-48c6-965c-1aa2ed99540c","block_type":"box","text":"Company acting through its London Branch to receive a fee","page_number":4,"box":{"x":82,"y":221,"width":399,"height":10}},{"id":"3c3eb6f2-0c67-4a6e-9022-589e4a80096c","block_type":"box","text":"at normal commercial rates to cover all fees and costs","page_number":4,"box":{"x":82,"y":235,"width":399,"height":8}},{"id":"8a59eb01-7130-4960-abd4-5bce6cdc658f","block_type":"box","text":"associated with the provision of this service. Any income","page_number":4,"box":{"x":82,"y":249,"width":399,"height":10}},{"id":"8d28a99d-52a9-4628-a899-7ccfbaaf2cc9","block_type":"box","text":"earned from securities lending, net of direct and indirect","page_number":4,"box":{"x":82,"y":264,"width":399,"height":10}},{"id":"e1d3b676-cfaf-417e-ba78-ed4411d9a055","block_type":"box","text":"operational costs (including the fee paid to State Street Bank","page_number":4,"box":{"x":82,"y":278,"width":399,"height":10}},{"id":"043f2c79-d47b-429e-9725-287efd163a8b","block_type":"box","text":"and Trust Company acting through its London Branch), will","page_number":4,"box":{"x":82,"y":292,"width":398,"height":10}},{"id":"cdc2e2c5-7183-4d01-ae2a-9a662120a9a7","block_type":"box","text":"be returned to the Fund. Full financial details of any revenue","page_number":4,"box":{"x":83,"y":306,"width":398,"height":10}},{"id":"70985040-132c-450f-9dfd-ddcedbe1c903","block_type":"box","text":"earned and the direct and indirect operational costs and fees","page_number":4,"box":{"x":82,"y":321,"width":399,"height":9}},{"id":"24a5c60d-05c0-400d-991d-59592b6c914c","block_type":"box","text":"incurred with respect to securities lending for the Fund,","page_number":4,"box":{"x":83,"y":335,"width":397,"height":10}},{"id":"46b081d6-3de0-4e67-a829-82fbc8bda5aa","block_type":"box","text":"including fees paid or payable to State Street Bank and Trust","page_number":4,"box":{"x":83,"y":349,"width":398,"height":10}},{"id":"915f1679-a8ab-47ca-8a90-ca5dcdce1356","block_type":"box","text":"Company acting through its London Branch, will be included","page_number":4,"box":{"x":82,"y":363,"width":398,"height":10}},{"id":"776fc79b-b6af-44b8-a249-d8785b142e24","block_type":"box","text":"in the annual financial statements.","page_number":4,"box":{"x":83,"y":378,"width":226,"height":8}},{"id":"46c27915-fc62-465e-99a4-a55ed964d8c0","block_type":"box","text":"Please note that should the Directors elect to change the","page_number":4,"box":{"x":83,"y":401,"width":398,"height":10}},{"id":"73b284dc-be8d-4936-af6f-fef63d208995","block_type":"box","text":"Company’s securities lending policy in the future, due","page_number":4,"box":{"x":82,"y":415,"width":399,"height":11}},{"id":"455b08d1-06fb-4be1-8d2f-0143aeaed8bc","block_type":"box","text":"notification will be given to Shareholders and this","page_number":4,"box":{"x":83,"y":430,"width":398,"height":10}},{"id":"9cac2081-ec6c-4de8-a3a6-90326154e218","block_type":"box","text":"Supplement will be updated accordingly.","page_number":4,"box":{"x":82,"y":444,"width":292,"height":10}},{"id":"6265eb02-ec13-4beb-8557-aaa82e00d231","block_type":"box","text":"Investment Risks","page_number":4,"box":{"x":83,"y":469,"width":163,"height":10}},{"id":"063f00f3-abfc-400a-81bc-f039ac0c1948","block_type":"box","text":"Investment in the Fund carries with it a degree of risk.","page_number":4,"box":{"x":83,"y":491,"width":397,"height":10}},{"id":"74a63d3a-e94d-4376-a528-bc2f0e45707b","block_type":"box","text":"Investors should read the “","page_number":4,"box":{"x":83,"y":505,"width":179,"height":8}},{"id":"29d79fb2-09db-4097-90f6-6b184ecadb93","block_type":"box","text":"Risk Information","page_number":4,"box":{"x":263,"y":505,"width":118,"height":8}},{"id":"267e457f-1d5f-474e-9cff-ce8028b3b688","block_type":"box","text":"” section of the","page_number":4,"box":{"x":382,"y":505,"width":99,"height":8}},{"id":"aeea0566-8379-4fff-a04c-fa847bd82714","block_type":"box","text":"Prospectus. In addition, the following risks are particularly","page_number":4,"box":{"x":83,"y":520,"width":398,"height":10}},{"id":"1e255183-0271-420a-9f43-d4956b7218a1","block_type":"box","text":"relevant for the Fund.","page_number":4,"box":{"x":83,"y":534,"width":141,"height":8}},{"id":"680f08d4-9842-4000-a574-35c7e54d97dd","block_type":"box","text":"Index Tracking Risk:","page_number":4,"box":{"x":83,"y":558,"width":145,"height":10}},{"id":"1e588c67-0d9c-4c1d-880a-64bbd4b3f4ba","block_type":"box","text":"The Fund’s return may not match the","page_number":4,"box":{"x":234,"y":558,"width":247,"height":10}},{"id":"6f27e60d-7728-41f6-9502-770df28a0d96","block_type":"box","text":"return of the Index. It is currently anticipated that the Fund","page_number":4,"box":{"x":83,"y":572,"width":397,"height":10}},{"id":"25a832e8-762c-4665-bd6a-d1a0031c2208","block_type":"box","text":"will track the Index with a potential variation of up to 1%","page_number":4,"box":{"x":82,"y":586,"width":399,"height":10}},{"id":"70ef193d-488f-43f8-972a-d7f261a283c2","block_type":"box","text":"annually under normal market conditions. The Fund’s ability","page_number":4,"box":{"x":82,"y":600,"width":399,"height":10}},{"id":"a277b5ec-3e3a-4790-a7c5-5a447d83e0f3","block_type":"box","text":"to track the Index will be affected by Fund expenses, the","page_number":4,"box":{"x":82,"y":615,"width":399,"height":10}},{"id":"520f7d38-a442-4056-a9c4-64a5b65a1dd6","block_type":"box","text":"amount of cash and cash equivalents held in its portfolio, and","page_number":4,"box":{"x":82,"y":629,"width":398,"height":10}},{"id":"428143cc-142f-4f3c-b080-7d1051bcd4b0","block_type":"box","text":"the frequency and the timing of purchases and sales of","page_number":4,"box":{"x":82,"y":643,"width":399,"height":10}},{"id":"fdfe37ca-1a9f-4525-b48f-5018ecd40de0","block_type":"box","text":"interests in the Fund. The Investment Manager and/or Sub","page_number":4,"box":{"x":83,"y":657,"width":398,"height":10}},{"id":"f7e4094a-b332-4fbd-a132-ca1677826bc5","block_type":"box","text":"Investment Manager may attempt to replicate the Index","page_number":4,"box":{"x":83,"y":672,"width":398,"height":10}},{"id":"3199de4a-006d-4786-a796-dc43357d6b1c","block_type":"box","text":"return by investing in a sub-set of the securities in the Index,","page_number":4,"box":{"x":83,"y":686,"width":397,"height":10}},{"id":"c2a44c17-2992-4905-afab-64698a0298f7","block_type":"box","text":"or in some securities not included in the Index, potentially","page_number":4,"box":{"x":82,"y":700,"width":399,"height":10}},{"id":"83b836e3-acf5-48fb-9a57-5f30a534f98a","block_type":"box","text":"increasing the risk of divergence between the Fund’s return","page_number":4,"box":{"x":83,"y":714,"width":397,"height":10}},{"id":"ec22a9e1-a584-4c03-905b-2934b251597a","block_type":"box","text":"and that of the Index.","page_number":4,"box":{"x":82,"y":729,"width":141,"height":8}},{"id":"167eba93-18aa-4802-994b-d300c6f63ad0","block_type":"box","text":"Liquidity Risk & ETF Liquidity Risk","page_number":4,"box":{"x":83,"y":752,"width":270,"height":10}},{"id":"3eb471f5-d65f-4b1b-8ed2-dbbd54e78c7f","block_type":"box","text":": Lack of a ready","page_number":4,"box":{"x":354,"y":752,"width":127,"height":10}},{"id":"70887310-3f35-4458-9bf9-74ddb0827d5d","block_type":"box","text":"market or restrictions on resale may limit the ability of the","page_number":4,"box":{"x":83,"y":766,"width":398,"height":11}},{"id":"3d6aeb6c-8b2f-468a-a6af-3227cfdd1f3e","block_type":"box","text":"Fund to sell a security at an advantageous time or price or","page_number":4,"box":{"x":83,"y":781,"width":398,"height":10}},{"id":"636dc629-d15a-4fdf-84ba-f8754c3ce467","block_type":"box","text":"at all. Illiquid securities may trade at a discount from","page_number":4,"box":{"x":82,"y":795,"width":398,"height":10}},{"id":"37f50ed9-731c-4eaa-9853-8f5fd6de4a01","block_type":"box","text":"comparable, more liquid investments and may be subject to","page_number":4,"box":{"x":82,"y":809,"width":399,"height":10}},{"id":"a4692866-269f-4ef0-9ea2-322e3ababa0e","block_type":"box","text":"wide fluctuations in market value. Illiquidity of the Fund’s","page_number":4,"box":{"x":82,"y":823,"width":399,"height":11}},{"id":"21b0f63e-f30c-44de-9e44-2ef61a5b220f","block_type":"box","text":"holdings may limit the ability of the Fund to obtain cash to","page_number":4,"box":{"x":83,"y":838,"width":398,"height":10}},{"id":"811f79ff-3c19-443a-8f2c-40702f0a4593","block_type":"box","text":"meet redemptions on a timely basis. Where the fund invests","page_number":4,"box":{"x":83,"y":852,"width":398,"height":10}},{"id":"d912b6a5-6f59-4ee6-8983-25037e7b3f33","block_type":"box","text":"in illiquid securities or does not trade in large volumes, the","page_number":4,"box":{"x":83,"y":866,"width":398,"height":10}},{"id":"ce8c15a5-de86-4208-95ff-6fd892ed6606","block_type":"box","text":"bid offer spreads of the Fund may widen, the Fund may be","page_number":4,"box":{"x":83,"y":880,"width":398,"height":10}},{"id":"4471e434-c5b4-4653-b9f6-0241223ebf68","block_type":"box","text":"exposed to increased valuation risk and reduced ability to","page_number":4,"box":{"x":82,"y":895,"width":399,"height":10}},{"id":"85355d43-2a32-4b09-9b0c-ae7c8f34900c","block_type":"box","text":"trade. Shares in the Fund may also trade at prices that are","page_number":4,"box":{"x":82,"y":909,"width":399,"height":10}},{"id":"8bd05c2d-0b91-49bb-b4a5-91671f0ad2e1","block_type":"box","text":"materially different to the last available NAV.","page_number":4,"box":{"x":83,"y":923,"width":294,"height":10}},{"id":"758fc084-f3dd-4032-954a-5c8ff1d10fc3","block_type":"box","text":"Concentration Risk","page_number":4,"box":{"x":518,"y":107,"width":150,"height":8}},{"id":"8cde25be-1806-47af-a090-0560c22c9402","block_type":"box","text":": When the Fund focuses its","page_number":4,"box":{"x":670,"y":107,"width":247,"height":8}},{"id":"5af4ba18-0d07-46d1-8018-917b651aed75","block_type":"box","text":"investments in a particular sector, the financial, economic,","page_number":4,"box":{"x":518,"y":121,"width":398,"height":10}},{"id":"affe8fe8-edc1-4925-9c3a-6bd64288587e","block_type":"box","text":"business, and other developments affecting issuers in that","page_number":4,"box":{"x":518,"y":135,"width":399,"height":11}},{"id":"7d4af78a-4068-4bad-88fb-82c5dc2cd4e9","block_type":"box","text":"sector will have a greater effect on the Fund than if it was","page_number":4,"box":{"x":518,"y":150,"width":398,"height":10}},{"id":"458b047c-f7c9-4124-abf6-de1813fed3a5","block_type":"box","text":"more diversified. This concentration may also limit the","page_number":4,"box":{"x":518,"y":164,"width":398,"height":10}},{"id":"423ea39c-98ff-4b54-9d80-37e907c75375","block_type":"box","text":"liquidity of the Fund. Investors may buy or sell substantial","page_number":4,"box":{"x":518,"y":178,"width":398,"height":10}},{"id":"81b33583-d78e-4c92-94e8-17340f4eaeee","block_type":"box","text":"amounts of the Fund’s shares in response to factors","page_number":4,"box":{"x":518,"y":192,"width":398,"height":10}},{"id":"4c19cd6d-9902-4b17-8a7b-3b9db901aa24","block_type":"box","text":"affecting or expected to affect a sector in which the Fund","page_number":4,"box":{"x":518,"y":207,"width":398,"height":10}},{"id":"94a2c3de-c279-4438-9c71-c44ef2503232","block_type":"box","text":"focuses its investments.","page_number":4,"box":{"x":518,"y":221,"width":159,"height":8}},{"id":"8e66ced6-1f72-45ba-8a08-89bd20817e17","block_type":"box","text":"Derivatives Risk:","page_number":4,"box":{"x":519,"y":245,"width":122,"height":7}},{"id":"f00e5d75-fd73-4dd3-a264-99433ec860d4","block_type":"box","text":"The Fund may use FDIs for efficient","page_number":4,"box":{"x":658,"y":245,"width":259,"height":10}},{"id":"dd3d2ac9-99e7-464a-b8ae-ef4d0c567e8f","block_type":"box","text":"portfolio management purposes as described in the","page_number":4,"box":{"x":518,"y":259,"width":398,"height":10}},{"id":"1c8c57fb-881a-4db6-9635-ace4ebbfad32","block_type":"box","text":"derivatives section under Permitted Investments above. The","page_number":4,"box":{"x":518,"y":273,"width":399,"height":8}},{"id":"ebb73e8f-8b1f-4911-a775-833f32434851","block_type":"box","text":"Fund’s use of FDIs involves risks different from, and possibly","page_number":4,"box":{"x":519,"y":287,"width":398,"height":10}},{"id":"0da5eb6d-0646-4a34-ae49-f7d357dbf3bf","block_type":"box","text":"greater than, the risks associated with investing directly in","page_number":4,"box":{"x":518,"y":302,"width":398,"height":10}},{"id":"e33d5312-67ff-4cbd-9b43-89a860d3f683","block_type":"box","text":"securities.","page_number":4,"box":{"x":518,"y":316,"width":66,"height":8}},{"id":"eed3a31f-0a08-4ef1-abfa-f7a2d3b234c2","block_type":"box","text":"Integrating Sustainability Risk:","page_number":4,"box":{"x":518,"y":339,"width":219,"height":11}},{"id":"2fceb271-797e-4bfb-b2ac-d673d3facd02","block_type":"box","text":"Sustainability Risk has not","page_number":4,"box":{"x":743,"y":339,"width":174,"height":11}},{"id":"b5be2a61-12c5-4992-9fc2-1f395bcf43d6","block_type":"box","text":"been integrated into the Fund’s investment process. Any","page_number":4,"box":{"x":518,"y":354,"width":399,"height":10}},{"id":"830958b7-af3b-482d-936a-73db6c27cad5","block_type":"box","text":"deterioration in the financial profile of an underlying","page_number":4,"box":{"x":518,"y":368,"width":398,"height":10}},{"id":"d836a226-5131-457a-9bb0-8b2e5dfd7a81","block_type":"box","text":"investment affected by a Sustainability Risk may have a","page_number":4,"box":{"x":518,"y":382,"width":399,"height":10}},{"id":"da720f38-d2c9-4d03-9dc3-6a7656e8ca99","block_type":"box","text":"corresponding negative impact on the Net Asset Value","page_number":4,"box":{"x":518,"y":397,"width":398,"height":10}},{"id":"f8bb3218-36dd-4e55-9457-661876e88028","block_type":"box","text":"and/or performance of the investing Fund. Where a","page_number":4,"box":{"x":518,"y":411,"width":399,"height":10}},{"id":"5b5e7106-cf46-4480-bc62-78bd7a143882","block_type":"box","text":"Sustainability Risk event occurs, this Fund may be more","page_number":4,"box":{"x":518,"y":425,"width":398,"height":10}},{"id":"bdef801f-039d-4765-9155-4ee1f4a9ff1d","block_type":"box","text":"impacted than an equivalent Fund that integrates","page_number":4,"box":{"x":518,"y":439,"width":398,"height":10}},{"id":"e06608ba-eb1e-427d-b2ba-77df7cee8503","block_type":"box","text":"Sustainability Risk. Shareholders should refer to the “","page_number":4,"box":{"x":518,"y":453,"width":359,"height":11}},{"id":"94e5a059-4c2b-4740-bb00-f5f178d0d93b","block_type":"box","text":"Index","page_number":4,"box":{"x":878,"y":454,"width":39,"height":7}},{"id":"8e63c4d0-642e-4193-8683-ad0af74a6996","block_type":"box","text":"Strategies and Sustainability Integration","page_number":4,"box":{"x":518,"y":468,"width":293,"height":10}},{"id":"9ecb8d0c-09d6-401d-9c5b-f778574aedcc","block_type":"box","text":"” section of the","page_number":4,"box":{"x":813,"y":468,"width":103,"height":8}},{"id":"e1fb4941-e394-4868-bddc-4aff6fd0f65b","block_type":"box","text":"Prospectus for further information.","page_number":4,"box":{"x":519,"y":482,"width":226,"height":10}},{"id":"22ddfe97-a53f-42bc-851e-7f21d1e8b5be","block_type":"box","text":"Investor Profile","page_number":4,"box":{"x":519,"y":506,"width":144,"height":11}},{"id":"2bc9a434-31e1-402c-978c-facd65ff3aa7","block_type":"box","text":"The typical investors of the Fund are expected to be","page_number":4,"box":{"x":518,"y":529,"width":398,"height":10}},{"id":"26058ece-23a0-44c3-afd8-28fcc29ed592","block_type":"box","text":"institutional, intermediary and retail investors who want to","page_number":4,"box":{"x":518,"y":544,"width":398,"height":9}},{"id":"94c7fb09-0c4e-4e00-b3c8-880c19ac022b","block_type":"box","text":"take medium or long term exposure to the performance of","page_number":4,"box":{"x":518,"y":558,"width":399,"height":10}},{"id":"52b15ebc-ae9c-43a7-ab26-915fc8d248e8","block_type":"box","text":"global equities from the Financials sector and are prepared","page_number":4,"box":{"x":518,"y":572,"width":398,"height":10}},{"id":"0f41c93e-9a1e-46e6-a992-acb479e0af0d","block_type":"box","text":"to accept the risks associated with an investment of this type","page_number":4,"box":{"x":518,"y":586,"width":398,"height":10}},{"id":"ae154f64-846e-4f19-a6a9-bab200439b4f","block_type":"box","text":"and the expected high volatility of the Fund.","page_number":4,"box":{"x":518,"y":600,"width":290,"height":11}},{"id":"d44f746f-05c9-4476-865e-8b55a140107f","block_type":"box","text":"Subscriptions, Redemptions &","page_number":4,"box":{"x":518,"y":625,"width":404,"height":13}},{"id":"3f4e2e59-d303-444e-8286-6b9950bf9229","block_type":"box","text":"Conversions","page_number":4,"box":{"x":518,"y":644,"width":123,"height":10}},{"id":"bf0a6b07-1b40-455b-85c4-f242f997f91b","block_type":"box","text":"Investors may subscribe for or redeem Shares in the Fund","page_number":4,"box":{"x":519,"y":671,"width":397,"height":11}},{"id":"846300da-da02-4383-83b0-e69e6fc3ecd7","block_type":"box","text":"on each Dealing Day at the Dealing NAV with an appropriate","page_number":4,"box":{"x":518,"y":686,"width":398,"height":10}},{"id":"5c931b47-9c6f-4d0d-8c98-c7a255ef58a2","block_type":"box","text":"provision for Duties and Charges and in accordance with the","page_number":4,"box":{"x":518,"y":700,"width":398,"height":10}},{"id":"16e7e877-5918-4b51-983a-58181654a85d","block_type":"box","text":"provisions in the","page_number":4,"box":{"x":518,"y":714,"width":107,"height":10}},{"id":"b1c78d61-9400-4337-a87c-7e8c0016b701","block_type":"box","text":"“Purchase and Sale Information”","page_number":4,"box":{"x":631,"y":714,"width":233,"height":8}},{"id":"9d5e4218-da4a-4f47-ad1b-57953ca4b61e","block_type":"box","text":"section","page_number":4,"box":{"x":869,"y":714,"width":47,"height":8}},{"id":"3a6ba948-d102-450d-b632-1e34107c18af","block_type":"box","text":"of the Prospectus.","page_number":4,"box":{"x":518,"y":729,"width":120,"height":10}},{"id":"08f7bd44-600d-47ce-a327-65e04fe5484b","block_type":"box","text":"For subscriptions, consideration, in the form of cash must be","page_number":4,"box":{"x":519,"y":752,"width":398,"height":10}},{"id":"b1de3fd2-2b41-4234-9e9f-f20c2b6dc4dc","block_type":"box","text":"received by the Settlement Deadline. For redemptions, a","page_number":4,"box":{"x":519,"y":766,"width":398,"height":11}},{"id":"b23d868f-ea72-4677-b1c9-2d5cb6949c87","block_type":"box","text":"written redemption request signed by the Shareholder is","page_number":4,"box":{"x":518,"y":781,"width":398,"height":10}},{"id":"53a93441-840c-4724-9547-9f46285c0ebb","block_type":"box","text":"required to be received by the Administrator by the Dealing","page_number":4,"box":{"x":519,"y":795,"width":397,"height":10}},{"id":"88c38d4c-85f4-4323-984f-18114fc01937","block_type":"box","text":"Deadline on the relevant Dealing Day.","page_number":4,"box":{"x":519,"y":809,"width":266,"height":10}},{"id":"1272655c-ca9f-4203-a0b8-c9d8f394de26","block_type":"box","text":"In-kind dealing by","page_number":4,"box":{"x":794,"y":809,"width":123,"height":10}},{"id":"c816436d-d732-4a20-9c5e-1f853fd67d3d","block_type":"box","text":"Shareholders is not permitted.","page_number":4,"box":{"x":518,"y":824,"width":200,"height":10}},{"id":"8f367380-05f4-4911-82b0-09d5bc3336b2","block_type":"box","text":"Shareholders should refer to the terms of the","page_number":4,"box":{"x":518,"y":848,"width":316,"height":8}},{"id":"1efe9676-f5eb-45e1-ac5b-85e91ae6a033","block_type":"box","text":"“Purchase","page_number":4,"box":{"x":842,"y":848,"width":75,"height":8}},{"id":"76c96694-52ba-4284-ba09-e887dc733393","block_type":"box","text":"and Sale Information”","page_number":4,"box":{"x":518,"y":862,"width":169,"height":8}},{"id":"f90afc01-76ad-4a6f-930e-40fef11f2730","block_type":"box","text":"section of the Prospectus for","page_number":4,"box":{"x":699,"y":862,"width":218,"height":10}},{"id":"0f0eea79-11fe-416c-9f76-2d3e3d13ae2d","block_type":"box","text":"information on Share conversions.","page_number":4,"box":{"x":518,"y":876,"width":228,"height":8}},{"id":"c3124310-7f74-49f7-94a6-27e31d4c0b71","block_type":"box","text":"THIS FUND IS NOT SPONSORED, ENDORSED, SOLD OR","page_number":5,"box":{"x":82,"y":95,"width":399,"height":9}},{"id":"054f19f4-accc-4f96-89d5-a9a4c55e1a9d","block_type":"box","text":"PROMOTED BY MSCI INC. (“MSCI”), ANY OF ITS AFFILIATES,","page_number":5,"box":{"x":83,"y":108,"width":397,"height":9}},{"id":"ff4fc56b-5a95-4475-bb70-1087b1146f2c","block_type":"box","text":"ANY OF ITS INFORMATION PROVIDERS OR ANY OTHER THIRD","page_number":5,"box":{"x":82,"y":121,"width":399,"height":7}},{"id":"6b6d2531-f010-46d1-a167-75f860172628","block_type":"box","text":"PARTY INVOLVED IN, OR RELATED TO, COMPILING,","page_number":5,"box":{"x":83,"y":133,"width":397,"height":9}},{"id":"77c0a0c2-76f1-4e7f-bfee-c4d26b01d979","block_type":"box","text":"COMPUTING OR CREATING ANY MSCI INDEX (COLLECTIVELY,","page_number":5,"box":{"x":83,"y":146,"width":397,"height":9}},{"id":"eb5897a8-65cd-4ddc-afb1-d9b9a56f533b","block_type":"box","text":"THE “MSCI PARTIES”). THE MSCI INDEXES ARE THE","page_number":5,"box":{"x":82,"y":159,"width":398,"height":9}},{"id":"1f45fb0e-d09e-4338-b114-83c2356d500c","block_type":"box","text":"EXCLUSIVE PROPERTY OF MSCI. MSCI AND THE MSCI INDEX","page_number":5,"box":{"x":83,"y":171,"width":398,"height":8}},{"id":"a6c122c7-1809-4b33-b7ec-587fc1ccffb2","block_type":"box","text":"NAMES ARE SERVICE MARK(S) OF MSCI OR ITS AFFILIATES","page_number":5,"box":{"x":83,"y":184,"width":398,"height":9}},{"id":"411c9cc5-8e56-4353-9199-be24cecc251e","block_type":"box","text":"AND HAVE BEEN LICENSED FOR USE FOR CERTAIN","page_number":5,"box":{"x":82,"y":197,"width":398,"height":7}},{"id":"8cdde80d-084d-4662-b22f-742f4d21c251","block_type":"box","text":"PURPOSES BY STATE STREET GLOBAL ADVISORS. NONE OF","page_number":5,"box":{"x":83,"y":209,"width":398,"height":7}},{"id":"35a38bf9-5619-4cc5-8a0d-2460ad4d81d1","block_type":"box","text":"THE MSCI PARTIES MAKES ANY REPRESENTATION OR","page_number":5,"box":{"x":82,"y":222,"width":399,"height":7}},{"id":"c2d5e593-140b-4e8d-9ae5-ca031bab8327","block_type":"box","text":"WARRANTY, EXPRESS OR IMPLIED, TO THE ISSUER OR","page_number":5,"box":{"x":82,"y":235,"width":399,"height":8}},{"id":"3d65b6a8-6754-48de-9c0c-45d91eb93c0b","block_type":"box","text":"OWNERS OF THIS FUND OR ANY OTHER PERSON OR ENTITY","page_number":5,"box":{"x":82,"y":247,"width":399,"height":7}},{"id":"8307a90a-e068-47e4-962b-b4db0e15525b","block_type":"box","text":"REGARDING THE ADVISABILITY OF INVESTING IN FUNDS","page_number":5,"box":{"x":83,"y":260,"width":398,"height":7}},{"id":"514ad0b1-ccd3-42f3-b2f5-9d0473da0151","block_type":"box","text":"GENERALLY OR IN THIS FUND PARTICULARLY OR THE","page_number":5,"box":{"x":83,"y":273,"width":397,"height":7}},{"id":"67a3114d-91fb-4662-ba40-6889d21868be","block_type":"box","text":"ABILITY OF ANY MSCI INDEX TO TRACK CORRESPONDING","page_number":5,"box":{"x":82,"y":285,"width":398,"height":7}},{"id":"6ce7fda4-3c59-4a63-bce3-29b38dbc9b63","block_type":"box","text":"STOCK MARKET PERFORMANCE. MSCI OR ITS AFFILIATES","page_number":5,"box":{"x":83,"y":298,"width":398,"height":7}},{"id":"e04996d8-cdf2-4759-a69f-52fb8176547c","block_type":"box","text":"ARE THE LICENSORS OF CERTAIN TRADEMARKS, SERVICE","page_number":5,"box":{"x":82,"y":311,"width":398,"height":8}},{"id":"e790de98-e5dd-4e90-85b7-cbd71d992bcd","block_type":"box","text":"MARKS AND TRADE NAMES AND OF THE MSCI INDEXES","page_number":5,"box":{"x":83,"y":323,"width":398,"height":7}},{"id":"f7e5812f-43d7-46bc-88ba-edfe1ce5e637","block_type":"box","text":"WHICH ARE DETERMINED, COMPOSED AND CALCULATED BY","page_number":5,"box":{"x":82,"y":336,"width":399,"height":8}},{"id":"8b80f848-69d7-45f6-9243-24c88acd9872","block_type":"box","text":"MSCI WITHOUT REGARD TO THIS FUND OR THE ISSUER OR","page_number":5,"box":{"x":83,"y":348,"width":398,"height":8}},{"id":"8f4c92ef-eac8-4096-b3fd-48c24dee511e","block_type":"box","text":"OWNERS OF THIS FUND OR ANY OTHER PERSON OR","page_number":5,"box":{"x":82,"y":361,"width":399,"height":7}},{"id":"04ce413a-a89f-492e-8776-900f3fee57dd","block_type":"box","text":"ENTITY. NONE OF THE MSCI PARTIES HAS ANY OBLIGATION","page_number":5,"box":{"x":83,"y":374,"width":397,"height":7}},{"id":"dc21a48c-7caa-4e9d-bfdd-a0e863dc0d9e","block_type":"box","text":"TO TAKE THE NEEDS OF THE ISSUER OR OWNERS OF THIS","page_number":5,"box":{"x":82,"y":387,"width":399,"height":7}},{"id":"f3990dc6-6756-406b-8463-1933c5f37502","block_type":"box","text":"FUND OR ANY OTHER PERSON OR ENTITY INTO","page_number":5,"box":{"x":83,"y":399,"width":398,"height":7}},{"id":"86bd085b-b399-4491-bec7-92980afc50f4","block_type":"box","text":"CONSIDERATION IN DETERMINING, COMPOSING OR","page_number":5,"box":{"x":83,"y":412,"width":398,"height":8}},{"id":"274a087f-46e9-4828-aec2-662739398cb0","block_type":"box","text":"CALCULATING THE MSCI INDEXES. NONE OF THE MSCI","page_number":5,"box":{"x":83,"y":424,"width":397,"height":8}},{"id":"f9d25e29-8c24-45ec-b599-b4eb739193ff","block_type":"box","text":"PARTIES IS RESPONSIBLE FOR OR HAS PARTICIPATED IN","page_number":5,"box":{"x":83,"y":437,"width":398,"height":7}},{"id":"231aaf5e-3d97-4ac7-b080-b543b8d4b215","block_type":"box","text":"THE DETERMINATION OF THE TIMING OF, PRICES AT, OR","page_number":5,"box":{"x":82,"y":450,"width":399,"height":8}},{"id":"625ffcea-2455-4042-a0a4-3b136780ddac","block_type":"box","text":"QUANTITIES OF THIS FUND TO BE ISSUED OR IN THE","page_number":5,"box":{"x":82,"y":462,"width":398,"height":8}},{"id":"4aa88983-43a0-42ba-bd33-92118ba686cb","block_type":"box","text":"DETERMINATION OR CALCULATION OF THE EQUATION BY OR","page_number":5,"box":{"x":83,"y":475,"width":398,"height":8}},{"id":"5ce9cf41-4c22-4b32-9927-d672bd7fdb55","block_type":"box","text":"THE CONSIDERATION INTO WHICH THIS FUND IS","page_number":5,"box":{"x":82,"y":488,"width":399,"height":7}},{"id":"179eb2c0-5739-4789-afa3-7b1728e35d9e","block_type":"box","text":"REDEEMABLE. FURTHER, NONE OF THE MSCI PARTIES HAS","page_number":5,"box":{"x":83,"y":500,"width":398,"height":9}},{"id":"e2d18bbd-d5ef-45d3-a3cc-eec50a87287c","block_type":"box","text":"ANY OBLIGATION OR LIABILITY TO THE ISSUER OR OWNERS","page_number":5,"box":{"x":82,"y":513,"width":399,"height":7}},{"id":"29cb07b7-585a-45b0-ae3d-55b67192546b","block_type":"box","text":"OF THIS FUND OR ANY OTHER PERSON OR ENTITY IN","page_number":5,"box":{"x":82,"y":526,"width":399,"height":7}},{"id":"cf4f560c-3c1f-47c2-b0bc-c75f88e17a74","block_type":"box","text":"CONNECTION WITH THE ADMINISTRATION, MARKETING OR","page_number":5,"box":{"x":83,"y":538,"width":398,"height":9}},{"id":"31a67df8-3f1d-4482-b4e9-167e5479dbd6","block_type":"box","text":"OFFERING OF THIS FUND.","page_number":5,"box":{"x":82,"y":551,"width":170,"height":7}},{"id":"8fea34dd-a3de-4b6f-a356-36798d6eb104","block_type":"box","text":"ALTHOUGH MSCI SHALL OBTAIN INFORMATION FOR","page_number":5,"box":{"x":82,"y":573,"width":399,"height":7}},{"id":"0c9dfa5b-a273-440c-bf85-52ffafa6eb72","block_type":"box","text":"INCLUSION IN OR FOR USE IN THE CALCULATION OF THE","page_number":5,"box":{"x":83,"y":586,"width":397,"height":7}},{"id":"50867ae6-b45b-4da3-81f9-cf39fd31cd08","block_type":"box","text":"MSCI INDEXES FROM SOURCES THAT MSCI CONSIDERS","page_number":5,"box":{"x":83,"y":598,"width":398,"height":8}},{"id":"624b49d3-3ff1-4970-b7dc-d6331cb9a308","block_type":"box","text":"RELIABLE, NONE OF THE MSCI PARTIES WARRANTS OR","page_number":5,"box":{"x":83,"y":611,"width":398,"height":9}},{"id":"b3c154cf-e621-4e28-9e89-6ddc0916f366","block_type":"box","text":"GUARANTEES THE ORIGINALITY, ACCURACY AND/OR THE","page_number":5,"box":{"x":83,"y":624,"width":397,"height":8}},{"id":"a4a67ddd-d3b9-4d13-a407-582fafbb9ddc","block_type":"box","text":"COMPLETENESS OF ANY MSCI INDEX OR ANY DATA","page_number":5,"box":{"x":83,"y":636,"width":398,"height":8}},{"id":"fef53a0c-bab9-4360-b7ef-2d01f8f80ddf","block_type":"box","text":"INCLUDED THEREIN. NONE OF THE MSCI PARTIES MAKES","page_number":5,"box":{"x":83,"y":649,"width":398,"height":7}},{"id":"eef06f73-fb1c-42e4-8016-2fac06c54a6f","block_type":"box","text":"ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO","page_number":5,"box":{"x":82,"y":662,"width":399,"height":8}},{"id":"0bfc02b4-19e7-4537-91bf-14d8f8ae0118","block_type":"box","text":"BE OBTAINED BY THE ISSUER OF THE FUND, OWNERS OF","page_number":5,"box":{"x":83,"y":674,"width":398,"height":9}},{"id":"aa32da20-396f-460c-99ee-be7293b1d047","block_type":"box","text":"THE FUND, OR ANY OTHER PERSON OR ENTITY, FROM THE","page_number":5,"box":{"x":518,"y":95,"width":398,"height":9}},{"id":"3da36840-a9cd-4598-8fe5-6ad0f47ca6b8","block_type":"box","text":"USE OF ANY MSCI INDEX OR ANY DATA INCLUDED","page_number":5,"box":{"x":518,"y":108,"width":398,"height":7}},{"id":"adc28345-23b2-43bf-86d7-8c8d64d3a4e0","block_type":"box","text":"THEREIN. NONE OF THE MSCI PARTIES SHALL HAVE ANY","page_number":5,"box":{"x":518,"y":121,"width":399,"height":7}},{"id":"b1eba5f6-9999-41ce-a78a-d0595fe28f2c","block_type":"box","text":"LIABILITY FOR ANY ERRORS, OMISSIONS OR","page_number":5,"box":{"x":518,"y":133,"width":398,"height":9}},{"id":"15cfd288-bff4-4c5c-8e9f-4570df8f6fbb","block_type":"box","text":"INTERRUPTIONS OF OR IN CONNECTION WITH ANY MSCI","page_number":5,"box":{"x":519,"y":146,"width":397,"height":7}},{"id":"1523fd17-22fc-472b-9008-b14b68a4138f","block_type":"box","text":"INDEX OR ANY DATA INCLUDED THEREIN. FURTHER, NONE","page_number":5,"box":{"x":519,"y":159,"width":397,"height":8}},{"id":"c7e46426-c3ca-4f70-a861-91442c1128d8","block_type":"box","text":"OF THE MSCI PARTIES MAKES ANY EXPRESS OR IMPLIED","page_number":5,"box":{"x":518,"y":171,"width":398,"height":8}},{"id":"88880f8d-a2df-4893-af9f-001c37549869","block_type":"box","text":"WARRANTIES OF ANY KIND, AND THE MSCI PARTIES HEREBY","page_number":5,"box":{"x":518,"y":184,"width":399,"height":8}},{"id":"8cb1bba9-d68c-495b-baf5-4263358c0f96","block_type":"box","text":"EXPRESSLY DISCLAIM ALL WARRANTIES OF","page_number":5,"box":{"x":519,"y":197,"width":397,"height":7}},{"id":"b07b5634-8ed0-4db0-ad12-a4a33edf1e8d","block_type":"box","text":"MERCHANTABILITY AND FITNESS FOR A PARTICULAR","page_number":5,"box":{"x":518,"y":209,"width":399,"height":7}},{"id":"d0c89ff6-4dff-4457-b5ac-93fc5336c5ce","block_type":"box","text":"PURPOSE, WITH RESPECT TO EACH MSCI INDEX AND ANY","page_number":5,"box":{"x":519,"y":222,"width":398,"height":8}},{"id":"3733cc3e-cd63-4281-ad20-eb50c91b7475","block_type":"box","text":"DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE","page_number":5,"box":{"x":519,"y":235,"width":397,"height":7}},{"id":"037c6012-1d9c-4437-a136-2261012f7340","block_type":"box","text":"FOREGOING, IN NO EVENT SHALL ANY OF THE MSCI PARTIES","page_number":5,"box":{"x":519,"y":247,"width":397,"height":9}},{"id":"c1a350c6-3227-4e5f-a828-ce4dcf7bd447","block_type":"box","text":"HAVE ANY LIABILITY FOR ANY DIRECT, INDIRECT, SPECIAL,","page_number":5,"box":{"x":518,"y":260,"width":398,"height":8}},{"id":"c6dd2c53-d756-4562-94e1-22d2ef47c627","block_type":"box","text":"PUNITIVE, CONSEQUENTIAL OR ANY OTHER DAMAGES","page_number":5,"box":{"x":519,"y":273,"width":397,"height":8}},{"id":"221c655f-7d25-42cc-8844-8c1aa2d57fcd","block_type":"box","text":"(INCLUDING LOST PROFITS) EVEN IF NOTIFIED OF THE","page_number":5,"box":{"x":518,"y":285,"width":398,"height":9}},{"id":"03f5c214-ef79-4473-8579-c7dee32fc3f3","block_type":"box","text":"POSSIBILITY OF SUCH DAMAGES.","page_number":5,"box":{"x":519,"y":298,"width":218,"height":7}},{"id":"63496ee5-5c52-4074-9902-9b23e000e95d","block_type":"box","text":"As of the date of the Supplement, the Fund uses (within the meaning","page_number":5,"box":{"x":518,"y":320,"width":398,"height":9}},{"id":"bfe1f517-de43-4900-a3b3-846a7384ca02","block_type":"box","text":"of the Benchmark Regulation) the following MSCI Limited","page_number":5,"box":{"x":518,"y":333,"width":398,"height":9}},{"id":"66ecf9ac-d346-4e4a-adb4-6a52202dad4b","block_type":"box","text":"benchmark:","page_number":5,"box":{"x":518,"y":346,"width":69,"height":7}},{"id":"e6a64195-8631-4101-b8dd-df53561d2fdf","block_type":"box","text":"MSCI World Financials 35/20 Capped Index","page_number":5,"box":{"x":518,"y":367,"width":261,"height":9}},{"id":"03e5128d-e3a4-4c52-a197-0fc4a00c109c","block_type":"box","text":"As of the date of the Supplement, no MSCI Limited entity is listed on","page_number":5,"box":{"x":518,"y":390,"width":398,"height":9}},{"id":"d64c4ba5-4f44-47ba-a269-b4c00d228350","block_type":"box","text":"the ESMA Register referred to in Article 36 of the Benchmark","page_number":5,"box":{"x":518,"y":402,"width":399,"height":9}},{"id":"69dd935c-4a4e-4c06-8790-290fd9353933","block_type":"box","text":"Regulation. MSCI Limited is and remains authorized as a UK","page_number":5,"box":{"x":519,"y":415,"width":398,"height":9}},{"id":"159e6604-7bfc-468a-90af-1d5ba1f956a9","block_type":"box","text":"benchmark administrator regulated by the UK Financial Conduct","page_number":5,"box":{"x":518,"y":428,"width":399,"height":9}},{"id":"2c3af160-ecf0-46cf-bd2c-5df8b5243257","block_type":"box","text":"Authority (\"FCA\") (and can be found on the FCA Financial Services","page_number":5,"box":{"x":518,"y":440,"width":398,"height":9}},{"id":"065832ee-bfb3-4c82-b9c0-538ac59ce45b","block_type":"box","text":"Register), but will be considered a “third country” UK administrator","page_number":5,"box":{"x":519,"y":453,"width":398,"height":9}},{"id":"958b5819-81e4-4af8-8dd0-0c758cada6ae","block_type":"box","text":"vis-a-vis the EU and will not appear on the ESMA Register per","page_number":5,"box":{"x":518,"y":466,"width":399,"height":9}},{"id":"b89cbce7-1e3d-495f-b114-ea25b339559d","block_type":"box","text":"Article 36 of the Benchmark Regulation unless and until the EU","page_number":5,"box":{"x":518,"y":478,"width":398,"height":9}},{"id":"a3427196-1053-4242-a75f-74e7f8ae48a1","block_type":"box","text":"grants the UK “equivalence” or until MSCI is granted “endorsement”","page_number":5,"box":{"x":518,"y":491,"width":398,"height":9}},{"id":"728244f1-1768-47ce-ae7e-38303da8dc47","block_type":"box","text":"or “recognition”.","page_number":5,"box":{"x":518,"y":504,"width":93,"height":9}},{"id":"c060098e-dfef-4022-b946-cc1feb279fbe","block_type":"box","text":"“SPDR®\" is a registered trademark of Standard & Poor's Financial","page_number":5,"box":{"x":522,"y":526,"width":394,"height":9}},{"id":"892ab896-5a2d-47af-992f-ff24e70554eb","block_type":"box","text":"Services LLC (\"S&P\") and has been licensed for use by State Street","page_number":5,"box":{"x":518,"y":538,"width":398,"height":9}},{"id":"dc2bd073-ce19-4844-98fc-7cce2a9e9d21","block_type":"box","text":"Corporation. No financial product offered by State Street","page_number":5,"box":{"x":518,"y":551,"width":399,"height":9}},{"id":"ce823a44-692e-4c22-ae8a-7f2bbe88627e","block_type":"box","text":"Corporation or its affiliates is sponsored, endorsed, sold or","page_number":5,"box":{"x":518,"y":564,"width":399,"height":9}},{"id":"cb74550c-1ac0-4975-a436-525b15ec72a4","block_type":"box","text":"promoted by S&P or its affiliates, and S&P and its affiliates make no","page_number":5,"box":{"x":518,"y":576,"width":398,"height":9}},{"id":"3d430997-97ab-41ba-9f96-9b2e78e1d1d0","block_type":"box","text":"representation, warranty or condition regarding the advisability of","page_number":5,"box":{"x":518,"y":589,"width":398,"height":9}},{"id":"fbbd74b9-c491-4a50-8621-9a2034a3d96c","block_type":"box","text":"buying, selling or holding units/shares in such products. Standard &","page_number":5,"box":{"x":518,"y":602,"width":399,"height":9}},{"id":"3f04afe5-7ea6-4839-ba0a-8329445ec7dd","block_type":"box","text":"Poor's®, S&P®, SPDR®, S&P 500® are registered trademarks of","page_number":5,"box":{"x":519,"y":614,"width":397,"height":9}},{"id":"1efabf70-b834-44f9-83ca-9f47359abcfd","block_type":"box","text":"Standard & Poor's Financial Services LLC and have been licensed","page_number":5,"box":{"x":518,"y":627,"width":398,"height":7}},{"id":"a5f36306-8033-4b94-9b99-707a745ece66","block_type":"box","text":"for use by State Street Corporation.","page_number":5,"box":{"x":518,"y":640,"width":210,"height":9}}],"unit":"per_mille","page_width":595,"page_height":842,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":5}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"6c3808e3-c699-46df-8b57-8e03d34a3575"},"user_id":1000002,"date_created":"2026-10-05T21:00:44.773000Z","date_modified":"2026-10-05T21:00:44.773000Z","private":false}