{"annotation_id":"32fd2abf-91f8-4364-adbd-070606bbbd22","file_hash":"5530ec700a7eb432cefa77658b7279bd6fcb1437a02e3e4c6939c94a2a541554","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"df3b45f1-d09b-4256-b852-cc656707e6fc","block_type":"box","text":"State Street US Screened Index Equity","page_number":1,"box":{"x":51,"y":71,"width":666,"height":23}},{"id":"c67c1dfa-1a98-4d42-a0b3-3a6edd5f3bf4","block_type":"box","text":"Fund - I","page_number":1,"box":{"x":52,"y":105,"width":123,"height":19}},{"id":"061c10d8-474b-4f12-9bad-3be63d45379e","block_type":"box","text":"Asset Class","page_number":1,"box":{"x":754,"y":46,"width":58,"height":6}},{"id":"1f87922f-3b86-41c7-b620-bee2b1f44f22","block_type":"box","text":"Equity","page_number":1,"box":{"x":754,"y":62,"width":34,"height":7}},{"id":"9b2d0802-d8f8-4d64-ba2c-03ffa2a1d218","block_type":"box","text":"Fund Identifier","page_number":1,"box":{"x":754,"y":92,"width":72,"height":6}},{"id":"aef3527c-a985-4517-b4e2-cb8ac4ba9619","block_type":"box","text":"LU1159236840","page_number":1,"box":{"x":754,"y":107,"width":79,"height":6}},{"id":"d4a9c731-bae2-43b2-b5d3-55596d2545c6","block_type":"box","text":"As of 30 Sep 2026","page_number":1,"box":{"x":753,"y":138,"width":97,"height":7}},{"id":"55fefbeb-7424-4582-a6f5-f5967ee4ecc3","block_type":"box","text":"Climate Metrics","page_number":1,"box":{"x":51,"y":188,"width":225,"height":15}},{"id":"b90d63e1-de1b-4897-8e35-3f65e9f2b443","block_type":"box","text":"Source: State Street Investment Management, MSCI,Task Force on Climate-related Financial Disclosures. Holdings as of 30 Sep 2026, sustainability data as of 31 Aug 2026.","page_number":1,"box":{"x":50,"y":221,"width":852,"height":7}},{"id":"02a96e73-57d0-4f7a-9527-1df50ffc75d6","block_type":"box","text":"See Glossary for detailed calculation notes such as missing data treatment, data lag and exclusions. The results are estimates based on assumptions and analysis made by State","page_number":1,"box":{"x":50,"y":235,"width":875,"height":7}},{"id":"5a70dfa6-4701-4861-a0bb-44bcb14662ff","block_type":"box","text":"Street Investment Management. They are not intended to represent actual results of any offering.","page_number":1,"box":{"x":50,"y":245,"width":481,"height":8}},{"id":"0ba9345e-cd4b-47ca-9069-d36879038bae","block_type":"box","text":"Actual results may differ.","page_number":1,"box":{"x":50,"y":259,"width":123,"height":7}},{"id":"fa334cdb-a076-493c-87e6-fa70626e8795","block_type":"box","text":"Green Revenues","page_number":1,"box":{"x":50,"y":290,"width":123,"height":8}},{"id":"bebcc7ef-e0a2-40c6-a024-7642c9079669","block_type":"box","text":"Brown Revenues","page_number":1,"box":{"x":284,"y":290,"width":125,"height":8}},{"id":"23f38790-10ed-450f-b86a-0981a8fbacd3","block_type":"box","text":"13.85%","page_number":1,"box":{"x":105,"y":315,"width":60,"height":8}},{"id":"9d2d515e-9d1d-40d0-a105-c4dafa69986f","block_type":"box","text":"2.92%","page_number":1,"box":{"x":338,"y":315,"width":51,"height":8}},{"id":"db2b0f7a-f683-40df-832f-3c315d09669b","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":51,"y":344,"width":93,"height":8}},{"id":"2e4a737e-5f90-475e-8982-861f3b74f4d9","block_type":"box","text":"100.00%","page_number":1,"box":{"x":175,"y":346,"width":53,"height":5}},{"id":"e57173ac-4dfc-4f89-bcbd-c261dff38815","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":284,"y":344,"width":93,"height":8}},{"id":"1ea209f6-a8bd-4df2-82d8-fc5ad8248d93","block_type":"box","text":"100.00%","page_number":1,"box":{"x":408,"y":346,"width":53,"height":5}},{"id":"9728b105-5ae4-4d8d-99d9-e6b094c42617","block_type":"box","text":"Implied Temperature","page_number":1,"box":{"x":51,"y":387,"width":162,"height":10}},{"id":"f02f3133-e72b-41eb-9124-9a64f792aa67","block_type":"box","text":"Rise (°C)","page_number":1,"box":{"x":51,"y":401,"width":64,"height":10}},{"id":"3a6ec726-b437-4e1e-abea-27bd637fbc27","block_type":"box","text":"Potential Emissions","page_number":1,"box":{"x":284,"y":387,"width":146,"height":8}},{"id":"ad873ac8-0b21-4814-998d-f94e91063f7f","block_type":"box","text":"2.76","page_number":1,"box":{"x":105,"y":425,"width":39,"height":8}},{"id":"0d104254-75e4-4ccf-a381-e7fa20bd6e2e","block_type":"box","text":"0.16","page_number":1,"box":{"x":338,"y":425,"width":40,"height":8}},{"id":"5cee9724-0f80-4543-9f00-19b66f566f98","block_type":"box","text":"ktCO2-eq per $mn invested","page_number":1,"box":{"x":338,"y":441,"width":111,"height":7}},{"id":"00305247-3c3c-4e8a-b9a2-defb2991681e","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":51,"y":454,"width":93,"height":8}},{"id":"278a95cd-12f7-412e-ae96-7f85ff4bc514","block_type":"box","text":"99.69%","page_number":1,"box":{"x":182,"y":456,"width":46,"height":5}},{"id":"79c4c40d-68cc-4bce-bec0-19a32f3c7b12","block_type":"box","text":"Carbon Footprint","page_number":1,"box":{"x":50,"y":496,"width":133,"height":10}},{"id":"5b94ea23-c072-4ed9-a61e-e8f0a3d6d697","block_type":"box","text":"(t CO2e/$M EVIC)","page_number":1,"box":{"x":184,"y":499,"width":76,"height":5}},{"id":"0a87a4ea-ab06-4cca-b1f5-cbdff355794e","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":318,"y":515,"width":41,"height":6}},{"id":"c756f1a3-8873-4819-a3c3-fc095b33b987","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":390,"y":515,"width":93,"height":7}},{"id":"20e496bd-77c5-406a-b8d8-33d3147e7c04","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":50,"y":529,"width":37,"height":7}},{"id":"a0554780-f005-4001-8bd2-ed7f31e8b9d9","block_type":"box","text":"11.19","page_number":1,"box":{"x":322,"y":530,"width":37,"height":6}},{"id":"c9abcd4c-011d-496a-8046-e32b10cbed91","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":530,"width":53,"height":6}},{"id":"4ec972ef-3d56-400f-b296-ffb251ded7f7","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":50,"y":545,"width":41,"height":8}},{"id":"6ed13472-5d65-4eb8-9d70-e0782f3b0fe1","block_type":"box","text":"4.00","page_number":1,"box":{"x":329,"y":547,"width":30,"height":5}},{"id":"1ebd8f50-a3cd-4b71-bcae-13724ca83180","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":547,"width":53,"height":5}},{"id":"b4bc9bf9-d51a-4209-a8b5-0ec3891408cc","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":50,"y":562,"width":41,"height":7}},{"id":"0560b227-25e7-42a0-a762-98e1518919fc","block_type":"box","text":"150.12","page_number":1,"box":{"x":314,"y":563,"width":45,"height":6}},{"id":"9db2cd5f-4718-4ccd-94fa-719be17b8856","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":563,"width":53,"height":6}},{"id":"c399d7ed-6a88-4cd5-a36e-d78753320e6f","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":50,"y":579,"width":52,"height":7}},{"id":"1d49435a-dadb-44eb-a48f-449a1e84ca1d","block_type":"box","text":"15.20","page_number":1,"box":{"x":322,"y":580,"width":37,"height":6}},{"id":"144ba053-caf3-4431-908b-39bdf465cc05","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":580,"width":53,"height":6}},{"id":"a8767df1-e88e-4db9-9fb4-cae4f9aa7f17","block_type":"box","text":"Scope 1+2+3","page_number":1,"box":{"x":50,"y":595,"width":66,"height":8}},{"id":"8fc1ca48-1c26-467d-b145-96c13c217129","block_type":"box","text":"179.01","page_number":1,"box":{"x":314,"y":597,"width":45,"height":5}},{"id":"8cce675b-3a51-4263-990e-b6f9b192d1a2","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":597,"width":53,"height":5}},{"id":"347f6db7-0aec-430f-a1b2-538a7d6818b1","block_type":"box","text":"Total Carbon Emissions","page_number":1,"box":{"x":516,"y":291,"width":177,"height":8}},{"id":"ab0cb754-85e5-433a-989a-be6ee000dc41","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":315,"width":42,"height":6}},{"id":"09580434-8d70-4f3b-814f-a2b98854c4cb","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":315,"width":93,"height":7}},{"id":"5af8d146-4677-4ee1-ba9c-d6d45dd9b3b5","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":516,"y":329,"width":37,"height":7}},{"id":"3272eea4-cd5a-4945-b3ee-aa639e378914","block_type":"box","text":"25,772.12","page_number":1,"box":{"x":772,"y":330,"width":68,"height":7}},{"id":"50ebd69f-1fc5-4c84-b7bf-2073a8697394","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":330,"width":52,"height":6}},{"id":"c5421a95-5b39-4c4e-8c75-f3c0fa613b5d","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":516,"y":346,"width":40,"height":7}},{"id":"99862a3d-664f-4576-a8b8-aed5726123a3","block_type":"box","text":"9,216.34","page_number":1,"box":{"x":780,"y":347,"width":61,"height":7}},{"id":"38d5a41f-0d80-42ad-9a66-ebc1329d3012","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":347,"width":52,"height":6}},{"id":"8f8faef9-dfc6-4325-a3b8-c549ab18836a","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":516,"y":362,"width":40,"height":7}},{"id":"f9e0a6da-7694-47c8-8504-e33bfebc1190","block_type":"box","text":"345,692.83","page_number":1,"box":{"x":764,"y":363,"width":76,"height":8}},{"id":"233ebc20-7eec-4cdc-a41f-473fb7f84bba","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":363,"width":52,"height":6}},{"id":"65130215-ac65-4727-aaf5-d92b556d86c1","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":516,"y":379,"width":51,"height":7}},{"id":"b94771ed-fbaf-49d1-aa91-788b356fa929","block_type":"box","text":"34,993.49","page_number":1,"box":{"x":772,"y":380,"width":68,"height":7}},{"id":"889df9a8-916c-4e27-a836-0115cd3c8719","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":380,"width":52,"height":6}},{"id":"307ef197-3c87-4f70-9cf5-5b63c6910a3b","block_type":"box","text":"Weighted Average Carbon Intensity","page_number":1,"box":{"x":515,"y":422,"width":271,"height":10}},{"id":"78ab9a3c-8bff-4772-a2ee-915437d25d89","block_type":"box","text":"(t CO2e/$M Sales)","page_number":1,"box":{"x":787,"y":425,"width":77,"height":6}},{"id":"fbb2473d-c91c-4013-8818-bfb1d854beca","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":446,"width":42,"height":6}},{"id":"8a2c2082-0ec6-47bc-aa27-d3c6003c0089","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":446,"width":93,"height":7}},{"id":"1ba0f147-e89f-4fd7-9d0f-1693215212c0","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":516,"y":460,"width":37,"height":7}},{"id":"e0c8cedb-dfa7-4025-b909-34d613fd240f","block_type":"box","text":"36.23","page_number":1,"box":{"x":803,"y":461,"width":37,"height":6}},{"id":"1569028b-0ee2-4f23-b84f-1eaebb1bf27c","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":461,"width":52,"height":6}},{"id":"4ba568b5-1d7f-4e60-8020-e0e24adba412","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":516,"y":477,"width":40,"height":7}},{"id":"977d593e-b52c-4911-b838-95c3d61f8103","block_type":"box","text":"20.07","page_number":1,"box":{"x":803,"y":478,"width":37,"height":6}},{"id":"dc85a0ee-88ea-4ed4-8472-7efba299cf32","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":478,"width":52,"height":6}},{"id":"b0f14713-3e45-41e0-b9aa-120e8b8d60fa","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":516,"y":493,"width":40,"height":8}},{"id":"e02e5bd3-1807-417b-9197-ee06b81bc773","block_type":"box","text":"526.52","page_number":1,"box":{"x":795,"y":495,"width":45,"height":5}},{"id":"e3866f8c-1878-4bab-8ca2-650816508d44","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":495,"width":52,"height":5}},{"id":"03c0d744-4066-49a9-b6a3-b0af7bc274d0","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":516,"y":510,"width":51,"height":7}},{"id":"fe121883-8260-4008-b57d-eda321d4bb4a","block_type":"box","text":"56.34","page_number":1,"box":{"x":803,"y":511,"width":38,"height":6}},{"id":"7e5f97b1-5ed2-4e55-b516-a7a71a925368","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":511,"width":52,"height":6}},{"id":"78e12dea-ad6f-4df0-b65c-a4b762d71769","block_type":"box","text":"Scope 1+2+3","page_number":1,"box":{"x":516,"y":527,"width":66,"height":7}},{"id":"efc0dff6-060a-47d2-bd86-d04776774456","block_type":"box","text":"583.19","page_number":1,"box":{"x":795,"y":528,"width":45,"height":6}},{"id":"75d6671b-720e-4744-a2b6-bf3b838cfca3","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":528,"width":52,"height":6}},{"id":"631254ba-ff95-432f-8646-5bf63833522f","block_type":"box","text":"Climate Value at Risk","page_number":1,"box":{"x":516,"y":569,"width":189,"height":10}},{"id":"e4f88bf7-d55d-4f9e-9ed3-76fd1e45c5b7","block_type":"box","text":"Policy Risk VaR","page_number":1,"box":{"x":516,"y":595,"width":82,"height":7}},{"id":"9e7f885c-014c-4d8f-8dd4-5e5fb3b60bb9","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":595,"width":42,"height":5}},{"id":"0350957f-5769-4004-8da0-d83cf7581d38","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":595,"width":93,"height":7}},{"id":"cb4d6f0d-6de7-4786-b59c-d931adaf6fe5","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":609,"width":127,"height":7}},{"id":"500ddbae-8be5-430c-aad7-1188871a1c71","block_type":"box","text":"-5.18%","page_number":1,"box":{"x":797,"y":610,"width":44,"height":6}},{"id":"66b229a7-3576-4b6b-a14e-39331107c0a5","block_type":"box","text":"99.75%","page_number":1,"box":{"x":903,"y":610,"width":45,"height":6}},{"id":"3838d921-f27d-476d-9595-587c6bf7ee7f","block_type":"box","text":"Technology Opportunities VaR","page_number":1,"box":{"x":516,"y":625,"width":164,"height":7}},{"id":"447e4521-74d6-438a-ae36-fe71bbef72c9","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":642,"width":127,"height":7}},{"id":"0e452d42-1aa3-430f-9aa1-3dd7c2ebae7a","block_type":"box","text":"0.28%","page_number":1,"box":{"x":803,"y":643,"width":38,"height":6}},{"id":"6058dba1-6b7f-49a0-9e79-6b2078f87687","block_type":"box","text":"96.77%","page_number":1,"box":{"x":903,"y":643,"width":45,"height":6}},{"id":"3cfec262-151e-4aa3-bdac-bbcf649322f2","block_type":"box","text":"Physical Risk VaR","page_number":1,"box":{"x":516,"y":659,"width":95,"height":7}},{"id":"2ec651eb-b6fc-4ad4-b357-e5edb0b4ce46","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":675,"width":127,"height":7}},{"id":"c4582cc3-2177-47f1-84df-7da246e5c098","block_type":"box","text":"-0.25%","page_number":1,"box":{"x":797,"y":676,"width":44,"height":6}},{"id":"d6ad54bd-e819-4d51-b263-1b718aaa4b6b","block_type":"box","text":"99.14%","page_number":1,"box":{"x":903,"y":676,"width":45,"height":6}},{"id":"1c46ba0d-33d6-4f3b-8a58-5b0b8298cbcd","block_type":"box","text":"Hothouse (3 °C)","page_number":1,"box":{"x":516,"y":692,"width":79,"height":6}},{"id":"4603c99c-2592-4d59-8cc2-ed3919da3e9c","block_type":"box","text":"-0.77%","page_number":1,"box":{"x":797,"y":693,"width":44,"height":6}},{"id":"dee8baa6-030e-45cf-90e2-4b1bf9252894","block_type":"box","text":"99.14%","page_number":1,"box":{"x":903,"y":693,"width":45,"height":6}},{"id":"94e9c49e-26bd-4cff-bab4-c34de259e839","block_type":"box","text":"Report ID: 5648730.1","page_number":1,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"4036cafe-9ef6-4ca9-823e-cbb89214606b","block_type":"box","text":"Published: 13 Oct 2026","page_number":1,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"4c37ff73-6787-49eb-b0f6-6d0fa3e15fd4","block_type":"box","text":"P","page_number":1,"box":{"x":902,"y":968,"width":5,"height":6}},{"id":"07426cf9-4d00-4660-8855-342041382fa7","block_type":"box","text":"a","page_number":1,"box":{"x":908,"y":970,"width":5,"height":4}},{"id":"12c9a766-d118-44e8-bd94-f0c8b3bfb8d9","block_type":"box","text":"g","page_number":1,"box":{"x":913,"y":970,"width":6,"height":5}},{"id":"47ada7b3-e116-4ed7-81cd-33fc611b6656","block_type":"box","text":"e","page_number":1,"box":{"x":919,"y":970,"width":5,"height":4}},{"id":"e275bc72-80e7-406f-b4b8-56f0ff02ed04","block_type":"box","text":"1","page_number":1,"box":{"x":926,"y":968,"width":3,"height":6}},{"id":"1abf0d09-ebda-45a7-b0c6-0fab92b01a7c","block_type":"box","text":"of","page_number":1,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"5fe31993-3fda-4a6e-8ca2-36a87fcbc8fa","block_type":"box","text":"4","page_number":1,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"0455d3c3-3ba7-4200-a027-9208df810440","block_type":"box","text":"Glossary","page_number":2,"box":{"x":51,"y":59,"width":129,"height":19}},{"id":"73c4acd4-b090-42d4-b250-de503a9dcc40","block_type":"box","text":"Sustainability data is as of the date identified in the report sections","page_number":2,"box":{"x":51,"y":95,"width":393,"height":8}},{"id":"af3ad202-59db-4e2a-9269-add1e554f983","block_type":"box","text":"above, usually on a month lag. All metrics are reported in USD unless","page_number":2,"box":{"x":51,"y":107,"width":405,"height":9}},{"id":"e08f0f7f-013b-427c-bdf3-ba1d7badfcd6","block_type":"box","text":"otherwise stated.","page_number":2,"box":{"x":51,"y":120,"width":102,"height":7}},{"id":"598ebb8c-79bf-48cd-a9e1-5a3201d02acb","block_type":"box","text":"Climate Metrics","page_number":2,"box":{"x":51,"y":152,"width":157,"height":11}},{"id":"45a13248-14ea-47b2-83a5-c056b8ddbb25","block_type":"box","text":"Data Treatments","page_number":2,"box":{"x":51,"y":173,"width":108,"height":7}},{"id":"2a8d352e-7884-44e3-9173-42e77e795aec","block_type":"box","text":"- State Street applies the data treatments where","page_number":2,"box":{"x":163,"y":173,"width":286,"height":9}},{"id":"f96a17b8-af45-45d0-8024-1dd6697411e3","block_type":"box","text":"applicable to Climate Metrics. To review the data treatments and the","page_number":2,"box":{"x":51,"y":186,"width":408,"height":9}},{"id":"a4026e9f-d07f-4cfe-98be-986bd972c9d1","block_type":"box","text":"metrics they are applied to please","page_number":2,"box":{"x":51,"y":199,"width":201,"height":9}},{"id":"22f0c3a5-fd9f-456a-8f67-11b522abf936","block_type":"box","text":"click","page_number":2,"box":{"x":255,"y":199,"width":28,"height":7}},{"id":"cafa05be-f302-49ad-a3cb-4da1ecc72887","block_type":"box","text":"here","page_number":2,"box":{"x":286,"y":199,"width":26,"height":7}},{"id":"3183bfbd-c180-4cae-ae29-23a2c4c100ec","block_type":"box","text":".","page_number":2,"box":{"x":313,"y":205,"width":2,"height":1}},{"id":"8d18e7ae-e68d-44c9-ab46-e3f5a9fca177","block_type":"box","text":"Portfolio Coverage","page_number":2,"box":{"x":51,"y":217,"width":119,"height":8}},{"id":"ea39624f-9e90-40a8-bf99-3933e367a422","block_type":"box","text":"is dependent upon the universe covered by SSGA’s","page_number":2,"box":{"x":174,"y":217,"width":303,"height":8}},{"id":"67c25162-7a64-4112-a1f2-376b1ba06d16","block_type":"box","text":"external providers. For certain markets and types of companies, there","page_number":2,"box":{"x":51,"y":229,"width":413,"height":9}},{"id":"426af8fe-886d-4e04-8859-9a47e1494f0d","block_type":"box","text":"may be significant limitations in the availability of data, or in some cases,","page_number":2,"box":{"x":51,"y":242,"width":425,"height":9}},{"id":"3b83980e-1a43-4818-8e3f-b92930f46551","block_type":"box","text":"no data may be available at all. In such instances, the benchmark index","page_number":2,"box":{"x":51,"y":255,"width":418,"height":9}},{"id":"20f5b1ee-89f1-486b-b92e-fcdce5c023a1","block_type":"box","text":"provider, investment manager, an affiliate of the investment manager or","page_number":2,"box":{"x":51,"y":268,"width":422,"height":9}},{"id":"b1143315-305f-437d-9fd4-522cf8cd1546","block_type":"box","text":"another party may use data from a related entity as a proxy or generate","page_number":2,"box":{"x":51,"y":281,"width":422,"height":8}},{"id":"f0fb4935-10dc-4736-aa46-931b79208fdb","block_type":"box","text":"estimated data to fill these gaps.","page_number":2,"box":{"x":51,"y":293,"width":191,"height":9}},{"id":"e206cf67-b17b-4416-abd4-572d243355f5","block_type":"box","text":"Green Revenues – MSCI:","page_number":2,"box":{"x":51,"y":311,"width":156,"height":7}},{"id":"814d7437-f7f7-42b6-a4db-1e575a94fd15","block_type":"box","text":"Weighted Average of each Underlying","page_number":2,"box":{"x":210,"y":311,"width":224,"height":9}},{"id":"948768c9-7318-4069-b39a-e12e8592e6f4","block_type":"box","text":"Security with Green Revenue for the portfolio level.","page_number":2,"box":{"x":51,"y":324,"width":301,"height":9}},{"id":"2c824068-b829-437c-90a0-d0ba3c9c1351","block_type":"box","text":"Brown Revenues:","page_number":2,"box":{"x":51,"y":342,"width":110,"height":6}},{"id":"6377b90e-9eae-458b-9fba-6a48d31016dc","block_type":"box","text":"Percentage of revenue from “brown” sectors and","page_number":2,"box":{"x":165,"y":341,"width":287,"height":9}},{"id":"0ec05e25-7403-429e-8d5a-a1d8291c6e51","block_type":"box","text":"activities, including fossil fuel extractions, mining, operations, and power","page_number":2,"box":{"x":51,"y":354,"width":425,"height":9}},{"id":"7854a6e0-fae8-438e-addb-68aa6862e725","block_type":"box","text":"generation, employing MSCI revenue indicators. Brown revenue (%) is","page_number":2,"box":{"x":51,"y":367,"width":411,"height":9}},{"id":"252d664e-bc81-4af4-8ca8-5e24971ed400","block_type":"box","text":"defined as the proportion of revenues a company derives from activities","page_number":2,"box":{"x":51,"y":380,"width":426,"height":9}},{"id":"c33d1a84-68b9-43d5-ad37-4ae89fbf238d","block_type":"box","text":"related to the extraction of fossil fuels, or power generation using fossil","page_number":2,"box":{"x":51,"y":393,"width":415,"height":9}},{"id":"e165e5ac-ee14-411d-9642-761ddcbf6f02","block_type":"box","text":"fuel-based energy sources. It reflects firms tied to conventional energy","page_number":2,"box":{"x":50,"y":406,"width":419,"height":8}},{"id":"8f471d98-f851-48c6-916f-27efe75b79b8","block_type":"box","text":"value chains.","page_number":2,"box":{"x":50,"y":419,"width":76,"height":6}},{"id":"c30d79ea-ba88-4b66-8fc6-fc9026631b6c","block_type":"box","text":"Brown Revenues – MSCI:","page_number":2,"box":{"x":51,"y":436,"width":158,"height":7}},{"id":"d2875099-9589-45b7-bd72-84d931a826e8","block_type":"box","text":"Weighted Average of each Underlying","page_number":2,"box":{"x":212,"y":436,"width":225,"height":9}},{"id":"51099f57-2869-4206-bd46-843b0f39ede6","block_type":"box","text":"Security with Brown Revenue for the portfolio level.","page_number":2,"box":{"x":51,"y":449,"width":302,"height":8}},{"id":"6ae52f5c-e5d9-4393-b09f-85e310db9a84","block_type":"box","text":"Potential Emissions – MSCI:","page_number":2,"box":{"x":51,"y":466,"width":176,"height":7}},{"id":"ef1cdc8e-18dc-4d15-8a33-32c98b8e6458","block_type":"box","text":"Sum of Weighted Average Total Potential","page_number":2,"box":{"x":230,"y":466,"width":243,"height":9}},{"id":"8078bf29-4b2a-41b1-968f-fdbdbfd265c5","block_type":"box","text":"Emission of Fossil Fuel Reserves Normalized by EVIC $MN (ktCO2-eq","page_number":2,"box":{"x":51,"y":478,"width":413,"height":10}},{"id":"af304aba-2e0c-4211-9804-9081caab4d05","block_type":"box","text":"per $MN invested) on the Portfolio Level.","page_number":2,"box":{"x":51,"y":491,"width":241,"height":10}},{"id":"4b2cacc8-c05b-4a27-b3bc-9f876fa690b7","block_type":"box","text":"Carbon Footprint(t CO2e/$M EVIC):","page_number":2,"box":{"x":51,"y":509,"width":229,"height":9}},{"id":"f16af224-2b50-4f8f-ae1e-5a04df1f5ef7","block_type":"box","text":"Scope 1+2+3- MSCI*:","page_number":2,"box":{"x":91,"y":527,"width":133,"height":9}},{"id":"6bec8d92-70a9-4466-b571-32f80f469de7","block_type":"box","text":"Weighted average Scope 1, Scope 2 and","page_number":2,"box":{"x":228,"y":527,"width":236,"height":9}},{"id":"162704bf-abbb-4f4d-8349-45aa92afb73f","block_type":"box","text":"Scope 3 carbon emissions intensity normalized by enterprise","page_number":2,"box":{"x":91,"y":540,"width":362,"height":9}},{"id":"cfe52dff-1545-4721-8350-341197f371de","block_type":"box","text":"value including cash.","page_number":2,"box":{"x":91,"y":553,"width":122,"height":9}},{"id":"3f62ad9d-5875-4976-98b0-cfdb1bd76ac4","block_type":"box","text":"Total Carbon Emissions – MSCI:","page_number":2,"box":{"x":51,"y":570,"width":202,"height":7}},{"id":"41871d25-8390-4bde-8dd8-e5d4f1bf4c1f","block_type":"box","text":"Total Carbon Emissions measures","page_number":2,"box":{"x":256,"y":570,"width":203,"height":7}},{"id":"e58126d7-17f1-4797-a3d1-3a2547c87ffc","block_type":"box","text":"the absolute tons of CO2e EVIC for which an investor is responsible. It is","page_number":2,"box":{"x":50,"y":583,"width":426,"height":9}},{"id":"2a252b52-4aa6-4579-8802-1423128a5e26","block_type":"box","text":"apportioned to the investor based on an equity ownership perspective,","page_number":2,"box":{"x":51,"y":596,"width":418,"height":9}},{"id":"10e4bbe4-e50e-4f55-b2bc-cec617158b43","block_type":"box","text":"and can be explained with a simple example: If an investor’s position in a","page_number":2,"box":{"x":51,"y":609,"width":425,"height":9}},{"id":"deceb842-8d00-42bc-9b86-a66f0598d23d","block_type":"box","text":"company is equal to 1% of the company’s total market capitalization, then","page_number":2,"box":{"x":51,"y":622,"width":432,"height":8}},{"id":"68c6a1bf-f63c-459d-aa3e-bdc9bd7e1f4c","block_type":"box","text":"the investor owns 1% of the company, and is consequently responsible","page_number":2,"box":{"x":50,"y":635,"width":415,"height":8}},{"id":"c4994a4d-32db-456a-b1db-382ebf7b94e2","block_type":"box","text":"for 1% of the company’s carbon emissions (tons CO2e). Calculating the","page_number":2,"box":{"x":50,"y":647,"width":419,"height":9}},{"id":"00f2e0a7-b37c-418e-928a-477b0efd03df","block_type":"box","text":"“owned” emissions from each position in the portfolio and summing","page_number":2,"box":{"x":51,"y":660,"width":398,"height":9}},{"id":"f057207f-3230-4512-b4a3-632ff33e9870","block_type":"box","text":"those emissions yields the total carbon emissions for the portfolio level.","page_number":2,"box":{"x":50,"y":673,"width":422,"height":9}},{"id":"0affefe3-75ec-429f-8623-dedd400ffcb0","block_type":"box","text":"Scope 1","page_number":2,"box":{"x":556,"y":95,"width":47,"height":8}},{"id":"c37812fd-0405-45f4-87ad-89f8896ea51c","block_type":"box","text":"emissions are “direct emissions” from sources that are","page_number":2,"box":{"x":607,"y":95,"width":322,"height":7}},{"id":"5032f601-1b65-400a-9d53-647b1f17ba1b","block_type":"box","text":"owned or controlled by the company.","page_number":2,"box":{"x":556,"y":108,"width":219,"height":8}},{"id":"394f1ec1-ac7c-45e7-a0f5-ba0a15781025","block_type":"box","text":"Scope 2","page_number":2,"box":{"x":556,"y":125,"width":51,"height":9}},{"id":"a781f76b-5419-43fb-b690-d29f1ec8ac92","block_type":"box","text":"emissions are the indirect emissions released into the","page_number":2,"box":{"x":610,"y":125,"width":317,"height":7}},{"id":"a5e53699-86e9-430c-bfef-201bcd5e4d96","block_type":"box","text":"atmosphere from the use of purchased energy such as electricity,","page_number":2,"box":{"x":556,"y":138,"width":388,"height":9}},{"id":"ca572fb8-54d2-4d68-a8e8-81efc6ad1efc","block_type":"box","text":"heat or steam. These are called “indirect emissions” because the","page_number":2,"box":{"x":556,"y":151,"width":383,"height":7}},{"id":"6221b6fc-7cf9-44b1-bc04-accca4af241e","block_type":"box","text":"actual emissions are generated at another facility such as a power","page_number":2,"box":{"x":556,"y":164,"width":391,"height":8}},{"id":"7dc78941-9a52-42bb-8e43-dfd14eba6ef7","block_type":"box","text":"station.","page_number":2,"box":{"x":556,"y":176,"width":43,"height":7}},{"id":"26ffb685-3836-455f-98cf-a401cab9fdac","block_type":"box","text":"Scope 3","page_number":2,"box":{"x":556,"y":194,"width":51,"height":9}},{"id":"ba6501aa-c9dd-4461-9b47-fe1dae416e02","block_type":"box","text":"emissions include all other indirect emissions that occur","page_number":2,"box":{"x":610,"y":194,"width":332,"height":7}},{"id":"50bf8d32-cf1b-442a-a7b2-cafa7fe3f4a7","block_type":"box","text":"across the value chain and are outside of the organization’s direct","page_number":2,"box":{"x":556,"y":207,"width":386,"height":9}},{"id":"01c1b631-63ff-40aa-b83e-3ff982df9280","block_type":"box","text":"control.","page_number":2,"box":{"x":556,"y":220,"width":44,"height":7}},{"id":"ca4d39e4-77fa-4e7f-8ae9-3c144d4db972","block_type":"box","text":"Weighted Average Carbon Intensity - MSCI: Scope 1+2+3 -","page_number":2,"box":{"x":515,"y":237,"width":370,"height":9}},{"id":"44c5814b-b559-4f67-b331-bfdb948d2ff4","block_type":"box","text":"Calculating a portfolio’s Weighted Average Carbon Intensity is achieved","page_number":2,"box":{"x":516,"y":250,"width":422,"height":9}},{"id":"e186b886-9543-499a-8287-360e60e3cb33","block_type":"box","text":"by calculating the carbon intensity (Scope 1 + 2 + 3 Emissions / $M","page_number":2,"box":{"x":516,"y":262,"width":394,"height":10}},{"id":"fcbbf11b-194c-492e-8b18-5d6df85dd1c9","block_type":"box","text":"Sales) for each portfolio company and calculating the weighted average","page_number":2,"box":{"x":515,"y":275,"width":426,"height":9}},{"id":"da84a067-b0a8-41db-95c5-3db4b2e0b9bb","block_type":"box","text":"by portfolio weight.","page_number":2,"box":{"x":516,"y":288,"width":112,"height":9}},{"id":"0b777691-d909-43b5-99da-22cda4e09603","block_type":"box","text":"Please note that the scope 1+2 and scope 1+2+3 values for Total Carbon","page_number":2,"box":{"x":516,"y":306,"width":428,"height":9}},{"id":"17ee903d-dd10-45d7-ab5c-40a189c66b0e","block_type":"box","text":"Emissions, Carbon Footprint, and Weighted Average Carbon Intensity","page_number":2,"box":{"x":516,"y":319,"width":412,"height":9}},{"id":"9301148f-721e-447b-8510-8a61610e4fb4","block_type":"box","text":"may not equal the sum of the individual values.","page_number":2,"box":{"x":516,"y":332,"width":274,"height":8}},{"id":"c8492998-f936-4013-aad8-a653a7953ba1","block_type":"box","text":"This may occur for a","page_number":2,"box":{"x":796,"y":332,"width":122,"height":8}},{"id":"ae1dc709-52bf-4685-8558-46c886a0469c","block_type":"box","text":"few reasons.","page_number":2,"box":{"x":515,"y":345,"width":74,"height":7}},{"id":"7ce343e3-c911-4967-9007-dd3f2e5d4cea","block_type":"box","text":"Each metric is a distinct data element provided by the","page_number":2,"box":{"x":596,"y":345,"width":318,"height":8}},{"id":"482b626d-7891-4ede-813d-73fcebea63c9","block_type":"box","text":"vendor.","page_number":2,"box":{"x":515,"y":357,"width":44,"height":7}},{"id":"130ffa8a-ac45-47ef-a78f-2e638d0720b2","block_type":"box","text":"Data treatments for replacing null data with sub-industry","page_number":2,"box":{"x":568,"y":357,"width":335,"height":9}},{"id":"9c62dc03-bc45-4e96-8fb7-269b89e0b85f","block_type":"box","text":"median data could cause differences in aggregated results.","page_number":2,"box":{"x":516,"y":370,"width":349,"height":9}},{"id":"4ef2bbf6-72a0-42fc-87f8-70ec315a6014","block_type":"box","text":"Data is","page_number":2,"box":{"x":872,"y":370,"width":40,"height":7}},{"id":"83aa5818-1f74-4583-900a-930a1071952f","block_type":"box","text":"reported based on the most recent common fiscal year end, which may","page_number":2,"box":{"x":516,"y":383,"width":422,"height":9}},{"id":"868acfd9-bddc-4376-9589-1aa6fd7acb91","block_type":"box","text":"vary for aggregated fields and is more likely with scope 3.","page_number":2,"box":{"x":515,"y":396,"width":337,"height":9}},{"id":"dd1d4100-c45d-4aa9-ae5d-1edb2b33770f","block_type":"box","text":"Implied Temperature Rise (°C) – MSCI:","page_number":2,"box":{"x":516,"y":413,"width":244,"height":9}},{"id":"77f27dd7-ab1b-4ee3-b617-e4ccebb3c92e","block_type":"box","text":"The climate scenario","page_number":2,"box":{"x":763,"y":414,"width":125,"height":6}},{"id":"314d584a-becb-42b1-b673-65a8da4160be","block_type":"box","text":"alignment uses MSCI’s Implied Temperature Rise (ITR) model, Which","page_number":2,"box":{"x":516,"y":426,"width":405,"height":9}},{"id":"1182cd96-b20d-44a9-bdde-98828840ee0d","block_type":"box","text":"is a forward-looking temperature alignment metric for companies and","page_number":2,"box":{"x":516,"y":439,"width":412,"height":9}},{"id":"6031da1c-5f57-4307-b709-55c97a9b08f7","block_type":"box","text":"portfolios. Specifically, the MSCI ITR methodology evaluates whether a","page_number":2,"box":{"x":516,"y":452,"width":419,"height":9}},{"id":"9b9b5362-34fd-4b4c-bb18-f3d897368e96","block_type":"box","text":"company or portfolio are aligned with the Paris Agreement temperature","page_number":2,"box":{"x":516,"y":465,"width":424,"height":9}},{"id":"e91a63bc-1e79-482e-b114-ea0b5f2f0eaa","block_type":"box","text":"goals – in particular, the maximal goal of limiting global mean surface","page_number":2,"box":{"x":515,"y":478,"width":406,"height":8}},{"id":"3d9ce049-a91a-4389-bbff-f7dcc19121b4","block_type":"box","text":"temperature to an increase of no more than 1.5°C in the year 2100","page_number":2,"box":{"x":515,"y":490,"width":388,"height":9}},{"id":"0b90d515-601f-4435-8f28-09c954a8867b","block_type":"box","text":"compared with preindustrial levels. For example, an ITR of 2.5°C assigned","page_number":2,"box":{"x":516,"y":503,"width":433,"height":9}},{"id":"c477f598-a1a1-4c7c-b53f-271c4f4a540c","block_type":"box","text":"to a given portfolio would indicate that the portfolio is exceeding its fair","page_number":2,"box":{"x":515,"y":516,"width":418,"height":9}},{"id":"799a60f2-4cd6-4986-a036-e21235af519f","block_type":"box","text":"share of the global carbon budget, and that if everyone exceeded their","page_number":2,"box":{"x":515,"y":529,"width":417,"height":9}},{"id":"f7f793db-ec82-47e3-ac18-16e2f263b993","block_type":"box","text":"fair shares by a similar proportion, by 2100 we would end up in a world","page_number":2,"box":{"x":515,"y":542,"width":412,"height":8}},{"id":"6579ff32-3270-4d0b-bc74-e1d1c43ff8c4","block_type":"box","text":"with >2.5°C of warming compared to pre-industrial levels. Please note","page_number":2,"box":{"x":515,"y":555,"width":411,"height":8}},{"id":"06f90311-5079-430d-80b4-db51c9059618","block_type":"box","text":"there is significant uncertainty related to this temperature estimate, and","page_number":2,"box":{"x":515,"y":567,"width":425,"height":9}},{"id":"d8f463b5-2b87-4618-9d15-c81c419014bf","block_type":"box","text":"outputs differ amongst different data vendors as methodologies continue","page_number":2,"box":{"x":516,"y":580,"width":433,"height":9}},{"id":"75802ba7-5442-4ebe-a975-304ee849e0a2","block_type":"box","text":"to evolve and mature. Portfolio level.","page_number":2,"box":{"x":515,"y":593,"width":214,"height":7}},{"id":"cb442cfe-6b11-4ef2-a43d-4b969af7e76b","block_type":"box","text":"Climate Value at Risk- MSCI:","page_number":2,"box":{"x":515,"y":611,"width":181,"height":7}},{"id":"396191ab-a160-4c41-9c91-5a96b7e41819","block_type":"box","text":"(Climate VaR)","page_number":2,"box":{"x":700,"y":610,"width":88,"height":8}},{"id":"45cde23c-7c15-43fc-a0a3-30ff0339c42c","block_type":"box","text":"is a measure to estimate","page_number":2,"box":{"x":792,"y":611,"width":144,"height":7}},{"id":"f813cc37-e678-4249-9971-a4969e80033c","block_type":"box","text":"the potential financial losses that a company or portfolio of assets could","page_number":2,"box":{"x":515,"y":623,"width":426,"height":9}},{"id":"eeaafd1a-9c1f-4890-b8dc-a8f6519f81ca","block_type":"box","text":"incur as a result of climate change. For additional details Climate Value at","page_number":2,"box":{"x":516,"y":636,"width":431,"height":9}},{"id":"4e8fb5a1-82f7-4ec0-a177-a7bc61e4ac04","block_type":"box","text":"Risk metrics included on this report","page_number":2,"box":{"x":516,"y":649,"width":210,"height":9}},{"id":"25ac5093-1b8c-44b9-a3c4-8d35b29f957a","block_type":"box","text":"click he","page_number":2,"box":{"x":729,"y":649,"width":45,"height":7}},{"id":"217d7831-4bfd-482e-abd2-d127cf637e73","block_type":"box","text":"re","page_number":2,"box":{"x":775,"y":651,"width":11,"height":5}},{"id":"ce207d40-8289-4135-8db2-9888cfe4b98c","block_type":"box","text":".","page_number":2,"box":{"x":787,"y":655,"width":2,"height":1}},{"id":"46c24829-ef68-4f83-866c-e37f69bc2690","block_type":"box","text":"Report ID: 5648730.1","page_number":2,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"fe69bd8b-09fb-470a-842e-25a102c2c2ec","block_type":"box","text":"Published: 13 Oct 2026","page_number":2,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"bcb8f7da-2929-4033-9227-c301a9b9a2e9","block_type":"box","text":"P","page_number":2,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"1e4fa217-1df6-4be7-a7f0-8c77ccd53d3a","block_type":"box","text":"a","page_number":2,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"66843793-1725-42de-9f34-4f3cc41befd0","block_type":"box","text":"g","page_number":2,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"30cc67c6-afc8-4911-aad0-25c1d96410bf","block_type":"box","text":"e","page_number":2,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"2d0bb987-9793-4e24-abf2-ae45ac869df8","block_type":"box","text":"2","page_number":2,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"02fddc80-7b4e-407c-be91-67bb9fd2fc43","block_type":"box","text":"of","page_number":2,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"d3ca45b7-8164-43db-ae07-b912ba43ec7f","block_type":"box","text":"4","page_number":2,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"b0abba7d-d599-4d0a-9c8b-c57e9356a9e7","block_type":"box","text":"Disclosures","page_number":3,"box":{"x":52,"y":58,"width":166,"height":15}},{"id":"82d5367d-18fa-4778-933d-ea8b7b639204","block_type":"box","text":"State Street Global Advisors (SSGA) is now State Street Investment","page_number":3,"box":{"x":51,"y":92,"width":433,"height":8}},{"id":"f1efc82a-8e81-46dd-84b6-c4e4139510b1","block_type":"box","text":"Management. Please","page_number":3,"box":{"x":51,"y":105,"width":132,"height":9}},{"id":"b6a2a719-7d88-4e77-8339-afa1fd8fae6d","block_type":"box","text":"click here","page_number":3,"box":{"x":187,"y":105,"width":63,"height":7}},{"id":"cb11de55-e586-4a47-94fd-1e2c03bc27b6","block_type":"box","text":"for more information.","page_number":3,"box":{"x":253,"y":105,"width":135,"height":7}},{"id":"53b348af-3752-4d41-87dc-a252e7d4d37d","block_type":"box","text":"Marketing Communication","page_number":3,"box":{"x":51,"y":122,"width":170,"height":9}},{"id":"6bd880eb-6386-44e8-a1c2-c34403b46837","block_type":"box","text":"For institutional / professional investors use only.","page_number":3,"box":{"x":51,"y":140,"width":310,"height":9}},{"id":"1ad85ea8-e265-44cb-b2c1-2688854103fc","block_type":"box","text":"The information presented above is intended to provide transparency","page_number":3,"box":{"x":51,"y":158,"width":413,"height":8}},{"id":"70d4fcd3-6442-4b1e-b941-714c10ae628c","block_type":"box","text":"to investors around sustainability characteristics of the fund. Presenting","page_number":3,"box":{"x":50,"y":170,"width":427,"height":9}},{"id":"c21ce79f-f04c-46f5-a91c-7fbaba5ab393","block_type":"box","text":"this information should not be construed as a representation of the fund’s","page_number":3,"box":{"x":50,"y":183,"width":434,"height":9}},{"id":"ffc971b4-b6ef-4c1e-8fcb-2d4b862c1533","block_type":"box","text":"current or future investment objective, nor should it be viewed as an","page_number":3,"box":{"x":51,"y":196,"width":400,"height":9}},{"id":"ad2a6ac6-c5fc-4935-9603-c8eea234fb39","block_type":"box","text":"indicator of the fund manager’s current or future investment decision","page_number":3,"box":{"x":51,"y":209,"width":413,"height":9}},{"id":"055e324a-3113-451e-844d-c4dc0c55b681","block_type":"box","text":"making.","page_number":3,"box":{"x":51,"y":222,"width":46,"height":8}},{"id":"6f76cb0d-345f-4709-bb6f-27935c46b4c9","block_type":"box","text":"Investing involves risk including the risk of loss of principal.","page_number":3,"box":{"x":51,"y":239,"width":345,"height":9}},{"id":"767f095e-e243-49cd-9352-e9603f2f7223","block_type":"box","text":"The whole or any part of this work may not be reproduced, copied or","page_number":3,"box":{"x":51,"y":257,"width":405,"height":9}},{"id":"71207a27-4e46-4a23-89ee-59a7fe20ec8c","block_type":"box","text":"transmitted or any of its contents disclosed to third parties without","page_number":3,"box":{"x":50,"y":270,"width":395,"height":8}},{"id":"e0a10d53-bddf-4a9c-b286-359109bdaa24","block_type":"box","text":"SSGA’s express written consent.","page_number":3,"box":{"x":51,"y":283,"width":192,"height":8}},{"id":"851209d0-d1dc-4e80-b6df-c42158810935","block_type":"box","text":"All information is from SSGA unless otherwise noted and has been","page_number":3,"box":{"x":51,"y":300,"width":393,"height":7}},{"id":"83595f32-5385-4060-a492-84a94f2ebe01","block_type":"box","text":"obtained from sources believed to be reliable, but its accuracy is not","page_number":3,"box":{"x":51,"y":313,"width":403,"height":9}},{"id":"b8ecbb6a-43a5-453f-8fa9-a536dc4cc709","block_type":"box","text":"guaranteed. There is no representation or warranty as to the current","page_number":3,"box":{"x":51,"y":326,"width":406,"height":9}},{"id":"27bfa4d2-e33f-4afc-8526-319f34ac8e3e","block_type":"box","text":"accuracy, reliability or completeness of, nor liability for, decisions based","page_number":3,"box":{"x":51,"y":339,"width":421,"height":8}},{"id":"1faf1f09-cdb9-48f4-9629-0d45d4e11829","block_type":"box","text":"on such information and it should not be relied on as such.","page_number":3,"box":{"x":51,"y":351,"width":341,"height":7}},{"id":"f46319b9-575f-466e-8d09-323e2cc0a6f6","block_type":"box","text":"The information provided does not constitute investment advice as such","page_number":3,"box":{"x":51,"y":369,"width":429,"height":9}},{"id":"7c42b6cf-08b5-400d-8d6b-608b7bb93bef","block_type":"box","text":"term is defined under the Markets in Financial Instruments Directive","page_number":3,"box":{"x":50,"y":382,"width":402,"height":7}},{"id":"911823a8-06cc-4305-904d-b5bae4674b93","block_type":"box","text":"(2014/65/EU) or applicable Swiss regulation and it should not be relied on","page_number":3,"box":{"x":51,"y":394,"width":433,"height":9}},{"id":"2522b84c-2e8e-4128-bfe1-df2b008002cf","block_type":"box","text":"as such. It should not be considered a solicitation to buy or an offer to sell","page_number":3,"box":{"x":51,"y":407,"width":430,"height":9}},{"id":"a3073a60-eb00-47ce-a02b-7cabeb91408f","block_type":"box","text":"any investment. It does not take into account any investor’s or potential","page_number":3,"box":{"x":51,"y":420,"width":420,"height":9}},{"id":"c293d7b8-b985-4862-8261-5c7ae5501b68","block_type":"box","text":"investor’s particular investment objectives, strategies, tax status, risk","page_number":3,"box":{"x":51,"y":433,"width":408,"height":9}},{"id":"bf86a91a-ffb8-49a6-8e08-6e6218d2509f","block_type":"box","text":"appetite or investment horizon. If you require investment advice you","page_number":3,"box":{"x":51,"y":446,"width":401,"height":9}},{"id":"dd017c29-268f-45ac-89b9-c37b70d022d5","block_type":"box","text":"should consult your tax and financial or other professional advisor.","page_number":3,"box":{"x":51,"y":459,"width":391,"height":8}},{"id":"d56fd0f0-a2a1-4848-891b-1b101d35fe97","block_type":"box","text":"The information contained in this communication is not a research","page_number":3,"box":{"x":51,"y":476,"width":421,"height":7}},{"id":"b15516ec-8bf4-4d70-a2d8-39b507c61931","block_type":"box","text":"recommendation or ‘investment research’ and is classified as a","page_number":3,"box":{"x":51,"y":489,"width":400,"height":7}},{"id":"45ca71e7-142c-4d57-b213-8b10d4b4e78e","block_type":"box","text":"‘Marketing Communication’ in accordance with the applicable","page_number":3,"box":{"x":51,"y":502,"width":394,"height":9}},{"id":"481133a7-90a0-4e7f-840b-78a29666db45","block_type":"box","text":"regional regulation. This means that this marketing communication","page_number":3,"box":{"x":51,"y":515,"width":427,"height":9}},{"id":"3335c6ad-4588-4089-ad16-4e7d4b82cb1c","block_type":"box","text":"(a) has not been prepared in accordance with legal requirements","page_number":3,"box":{"x":51,"y":527,"width":411,"height":9}},{"id":"93c1c0db-afad-468c-9dc2-ed181a8e3b1a","block_type":"box","text":"designed to promote the independence of investment research","page_number":3,"box":{"x":51,"y":540,"width":400,"height":9}},{"id":"c15ad9d6-5872-4152-80b2-8c923115075f","block_type":"box","text":"(b) is not subject to any prohibition on dealing ahead of the","page_number":3,"box":{"x":51,"y":553,"width":371,"height":9}},{"id":"7bd0e80b-2c4f-49e7-8ec6-e3afc3411e86","block_type":"box","text":"dissemination of investment research.","page_number":3,"box":{"x":51,"y":566,"width":243,"height":7}},{"id":"f03498f8-f85b-4a50-b36b-6f1264f35534","block_type":"box","text":"This communication is directed at professional clients (this includes","page_number":3,"box":{"x":51,"y":584,"width":402,"height":8}},{"id":"7b42708d-59ef-4fbf-9c90-c5d817047d70","block_type":"box","text":"eligible counterparties as defined by the appropriate EU regulator)","page_number":3,"box":{"x":51,"y":596,"width":392,"height":9}},{"id":"39faef8c-3a1d-4174-874c-631cc792744c","block_type":"box","text":"who are deemed both knowledgeable and experienced in matters","page_number":3,"box":{"x":50,"y":609,"width":390,"height":9}},{"id":"78dc20b0-5744-4f91-bb70-e3d7c0417e6f","block_type":"box","text":"relating to investments. The products and services to which this","page_number":3,"box":{"x":51,"y":622,"width":377,"height":9}},{"id":"bc44fc55-66aa-466c-9b49-6ce254daf9da","block_type":"box","text":"communication relates are only available to such persons and persons","page_number":3,"box":{"x":51,"y":635,"width":417,"height":9}},{"id":"d9da9ad7-3472-43e0-8077-7ce4f67fa8c7","block_type":"box","text":"of any other description (including retail clients) should not rely on this","page_number":3,"box":{"x":51,"y":648,"width":414,"height":9}},{"id":"39726c36-0df9-43f6-a8ac-c1cd0dce2ef9","block_type":"box","text":"communication.","page_number":3,"box":{"x":51,"y":661,"width":95,"height":7}},{"id":"1159650d-9921-4390-8610-75ddc36b92ba","block_type":"box","text":"Equity securities may fluctuate in value and can decline significantly in","page_number":3,"box":{"x":51,"y":678,"width":414,"height":9}},{"id":"33e0d58d-459a-4648-b318-c24d496b2853","block_type":"box","text":"response to the activities of individual companies and general market","page_number":3,"box":{"x":51,"y":691,"width":411,"height":9}},{"id":"e02ede47-afd1-43b5-951a-99cd197108d4","block_type":"box","text":"and economic conditions.","page_number":3,"box":{"x":51,"y":704,"width":152,"height":7}},{"id":"66953969-0e45-421c-a254-07ba26c5aeb5","block_type":"box","text":"Bonds generally present less short-term risk and volatility than stocks,","page_number":3,"box":{"x":51,"y":722,"width":415,"height":8}},{"id":"90a13811-194b-4a18-90b7-de380a289688","block_type":"box","text":"but contain interest rate risk (as interest rates raise, bond prices usually","page_number":3,"box":{"x":51,"y":734,"width":423,"height":9}},{"id":"a7487044-8211-4da5-acc6-604721901ea9","block_type":"box","text":"fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk.","page_number":3,"box":{"x":50,"y":747,"width":418,"height":9}},{"id":"188666e9-c441-4bd6-a691-a211c347d522","block_type":"box","text":"These effects are usually pronounced for longer-term securities. Any","page_number":3,"box":{"x":51,"y":760,"width":408,"height":9}},{"id":"bca3fa8d-e6a7-4e9a-a57b-a0ca0c4ff3ab","block_type":"box","text":"fixed income security sold or redeemed prior to maturity may be subject","page_number":3,"box":{"x":50,"y":773,"width":429,"height":9}},{"id":"cc8ae0df-a7ff-42b7-8d6b-2e15b7974583","block_type":"box","text":"to a substantial gain or loss.","page_number":3,"box":{"x":50,"y":786,"width":163,"height":8}},{"id":"4c2ce513-d5b4-46dd-a789-7b6c0ef70c1b","block_type":"box","text":"ETFs trade like stocks, are subject to investment risk, fluctuate in market","page_number":3,"box":{"x":51,"y":803,"width":430,"height":9}},{"id":"2fd075f7-980b-46e6-8956-df36e475bd63","block_type":"box","text":"value and may trade at prices above or below the ETFs net asset value.","page_number":3,"box":{"x":50,"y":816,"width":420,"height":9}},{"id":"b058852f-fb60-468d-bc13-f9dc73c028bd","block_type":"box","text":"Brokerage commissions and ETF expenses will reduce returns.","page_number":3,"box":{"x":51,"y":829,"width":372,"height":9}},{"id":"71984aaa-77cc-4a7b-8be0-d94185c2e954","block_type":"box","text":"The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its","page_number":3,"box":{"x":51,"y":846,"width":414,"height":9}},{"id":"1d888aa7-e4cf-4d86-bb7e-0d2aa7f093d4","block_type":"box","text":"affiliates (“S&P DJI”) and have been licensed for use by State Street","page_number":3,"box":{"x":51,"y":859,"width":400,"height":9}},{"id":"60d80f85-1c9a-4b9b-9989-0cda76d88ba1","block_type":"box","text":"Global Advisors. S&P®, SPDR®, S&P 500®,US 500 and the 500 are","page_number":3,"box":{"x":51,"y":872,"width":396,"height":8}},{"id":"b03ea6c0-b31e-4122-8bea-cce6829e6286","block_type":"box","text":"trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow","page_number":3,"box":{"x":50,"y":885,"width":416,"height":8}},{"id":"081a5a18-3f19-420a-8ada-79456ca1b78d","block_type":"box","text":"Jones® is a registered trademark of Dow Jones Trademark Holdings","page_number":3,"box":{"x":51,"y":898,"width":403,"height":8}},{"id":"6db59c11-9c41-4bee-86fc-5cffe98b175d","block_type":"box","text":"LLC (“Dow Jones”) and has been licensed for use by S&P Dow Jones","page_number":3,"box":{"x":51,"y":910,"width":407,"height":9}},{"id":"119303a3-08a1-40c3-a9f9-ec3bc3231aa9","block_type":"box","text":"Indices; and these trademarks have been licensed for use by S&P DJI","page_number":3,"box":{"x":51,"y":923,"width":410,"height":9}},{"id":"2e3a951b-c2a0-4660-be7a-77a0a893ec19","block_type":"box","text":"and sublicensed for certain purposes by State Street Global Advisors.","page_number":3,"box":{"x":516,"y":92,"width":414,"height":9}},{"id":"fddfe227-fb14-4ef8-93b0-46c13513094a","block_type":"box","text":"The fund is not sponsored, endorsed, sold or promoted by S&P DJI, Dow","page_number":3,"box":{"x":515,"y":105,"width":429,"height":8}},{"id":"b0022ef5-9254-4df6-83e8-9d3f12f18fc7","block_type":"box","text":"Jones, S&P, their respective affiliates, and none of such parties make any","page_number":3,"box":{"x":515,"y":118,"width":432,"height":8}},{"id":"ad3fa6a5-5227-4a15-b1c4-84209d0e78aa","block_type":"box","text":"representation regarding the advisability of investing in such product(s)","page_number":3,"box":{"x":516,"y":130,"width":421,"height":9}},{"id":"c218de38-af73-45b1-908a-2316089a00a3","block_type":"box","text":"nor do they have any liability for any errors, omissions, or interruptions of","page_number":3,"box":{"x":516,"y":143,"width":429,"height":9}},{"id":"1995c7a2-a202-4032-b3a0-23715713c206","block_type":"box","text":"these indices.","page_number":3,"box":{"x":515,"y":156,"width":81,"height":7}},{"id":"53bc4aa3-fd9a-4a5d-af4f-8e8bf09d9496","block_type":"box","text":"Please refer to the Fund’s latest Key Information Document (KID)/","page_number":3,"box":{"x":516,"y":174,"width":416,"height":8}},{"id":"f312d7f5-7415-4111-8001-096139cad056","block_type":"box","text":"Key Investor Information Document (KIID) and Prospectus before","page_number":3,"box":{"x":516,"y":186,"width":415,"height":9}},{"id":"96bd5853-c738-400c-8cdf-001e513ecf11","block_type":"box","text":"making any final investment decision. The latest English version of","page_number":3,"box":{"x":516,"y":199,"width":422,"height":9}},{"id":"77a19e37-39e9-4401-99bb-f785ce04f60e","block_type":"box","text":"the prospectus and the KID/KIID can be found at","page_number":3,"box":{"x":515,"y":212,"width":307,"height":9}},{"id":"496a9547-0d97-4c1f-a8a6-063dc32d70ec","block_type":"box","text":"www.ssga.com","page_number":3,"box":{"x":825,"y":214,"width":97,"height":7}},{"id":"2bd301e2-4c9e-4372-b40e-72c8b2badc8c","block_type":"box","text":". A","page_number":3,"box":{"x":923,"y":212,"width":16,"height":7}},{"id":"2c5cf9af-21f1-449d-97e2-0776ff5f5c8b","block_type":"box","text":"summary of investor rights can be found here:","page_number":3,"box":{"x":515,"y":225,"width":292,"height":9}},{"id":"efda32bd-5bda-4643-8aad-b81e3ec8da25","block_type":"box","text":"https://www.ssga.","page_number":3,"box":{"x":811,"y":225,"width":116,"height":9}},{"id":"0c0b9524-623a-412b-8ae9-0a3733fe7935","block_type":"box","text":"com/library-content/products/fund-docs/summary-of-investor","page_number":3,"box":{"x":515,"y":238,"width":421,"height":8}},{"id":"1f834be0-f942-4aeb-8703-9171dc6ca07a","block_type":"box","text":"rights/ssga-investors-rights-summary-template-non-etf-Lu","page_number":3,"box":{"x":516,"y":250,"width":390,"height":9}},{"id":"65725355-8ff3-46b7-a525-f364c0502898","block_type":"box","text":"x.pdf","page_number":3,"box":{"x":906,"y":251,"width":35,"height":8}},{"id":"64e5d950-41a0-4057-acc0-fe58735f85c1","block_type":"box","text":"Note that the Management Company may decide to terminate the","page_number":3,"box":{"x":516,"y":268,"width":418,"height":9}},{"id":"33310c0f-0d7c-478e-8abb-42c4a5f9754d","block_type":"box","text":"arrangements made for marketing and proceed with de-notification","page_number":3,"box":{"x":515,"y":281,"width":431,"height":9}},{"id":"17b7a92a-2e69-4f7f-9f3d-be79f8c273fa","block_type":"box","text":"in compliance with Article 93a of Directive 2009/65/EC.","page_number":3,"box":{"x":516,"y":294,"width":354,"height":8}},{"id":"7a631b2c-2e2b-4fc2-94bb-0f1e125e3c29","block_type":"box","text":"Investors should not evaluate an investment in the fund based solely","page_number":3,"box":{"x":516,"y":311,"width":403,"height":9}},{"id":"5a76f413-702e-43f0-aeaf-874b9b7718b2","block_type":"box","text":"on the information above, but should consider other factors, including","page_number":3,"box":{"x":516,"y":324,"width":411,"height":9}},{"id":"c406b5ea-8dbe-4301-8ff5-38b2b1d1562d","block_type":"box","text":"the fund’s overall investment objective and risk profile. Investors are","page_number":3,"box":{"x":515,"y":337,"width":401,"height":9}},{"id":"80d63a45-8903-43d2-985f-cc82c5cd30e5","block_type":"box","text":"encouraged to review the fund’s prospectus [https://www.ssga.com/","page_number":3,"box":{"x":516,"y":350,"width":402,"height":9}},{"id":"1d4188b1-b065-44fc-90db-0b0f378d851d","block_type":"box","text":"fund-finder?tab=documents] and KIID for more information regarding","page_number":3,"box":{"x":515,"y":363,"width":416,"height":9}},{"id":"c747801e-3427-4cfb-85df-86c18293d378","block_type":"box","text":"the fund and where applicable, the fund’s SFDR category.","page_number":3,"box":{"x":515,"y":376,"width":338,"height":8}},{"id":"805c5aaf-9e20-4729-aa4b-71771ef683f0","block_type":"box","text":"Sustainability data is sourced from external providers. This data may","page_number":3,"box":{"x":515,"y":393,"width":408,"height":9}},{"id":"8b03f5da-5688-4fc4-94ad-bd2f6b86a538","block_type":"box","text":"be incomplete, inaccurate, or unavailable for certain companies, which","page_number":3,"box":{"x":516,"y":406,"width":416,"height":9}},{"id":"970df535-0911-42b9-b83e-dd5d069a4140","block_type":"box","text":"could limit the ability to fully capture or reflect their sustainability","page_number":3,"box":{"x":516,"y":419,"width":382,"height":8}},{"id":"102e4138-a924-406d-b25d-347449cfa6e4","block_type":"box","text":"characteristics. As a result, there may be limitations reported in the","page_number":3,"box":{"x":516,"y":432,"width":397,"height":8}},{"id":"092bb9d2-a230-4174-870d-84c7a2fced51","block_type":"box","text":"sustainability metrics or indicators.","page_number":3,"box":{"x":515,"y":445,"width":207,"height":8}},{"id":"f7649574-07da-4449-b097-c993feed88d7","block_type":"box","text":"The third-party information above has been obtained from sources","page_number":3,"box":{"x":515,"y":462,"width":398,"height":9}},{"id":"215da426-3a04-4148-a3f9-3847a97ebf88","block_type":"box","text":"believed to be reliable as of the date indicated, but its accuracy is not","page_number":3,"box":{"x":516,"y":475,"width":407,"height":9}},{"id":"adbc7189-36eb-4666-84f5-1e17c522294f","block_type":"box","text":"guaranteed by SSGA. SSGA is not liable for investment decisions based","page_number":3,"box":{"x":515,"y":488,"width":427,"height":9}},{"id":"b147041c-28e6-4213-a070-32536bba17b5","block_type":"box","text":"on this information and it should not be relied on as such. There is no","page_number":3,"box":{"x":516,"y":501,"width":403,"height":7}},{"id":"823f7c50-2dcd-4f77-9bf9-f971963c4172","block_type":"box","text":"representation or warranty as to the current accuracy, reliability or","page_number":3,"box":{"x":516,"y":514,"width":393,"height":8}},{"id":"424406a7-9b8a-48f7-9492-890e8dc36135","block_type":"box","text":"completeness of this information.","page_number":3,"box":{"x":516,"y":526,"width":197,"height":9}},{"id":"1fb3af20-4786-4c16-96f5-945ab24e68e2","block_type":"box","text":"Data and metrics have been sourced as follows from the following","page_number":3,"box":{"x":516,"y":544,"width":389,"height":9}},{"id":"f96efd5a-5048-4acf-8e0e-633def3e4009","block_type":"box","text":"contributors as of the date of this report, and are subject to their","page_number":3,"box":{"x":516,"y":557,"width":379,"height":8}},{"id":"45cf1828-1850-4d2a-aecb-9b486ab65535","block_type":"box","text":"disclosures below. All other data has been sourced by SSGA.","page_number":3,"box":{"x":516,"y":569,"width":360,"height":9}},{"id":"61ca5450-6c38-4e1f-a18c-caeba77e3985","block_type":"box","text":"Source: MSCI: Certain information contained herein (the “Information”)","page_number":3,"box":{"x":515,"y":587,"width":419,"height":8}},{"id":"6e0826f4-e183-49be-804d-4501b8395c72","block_type":"box","text":"is sourced from/copyright of MSCI Inc., MSCI ESG Research LLC, or their","page_number":3,"box":{"x":516,"y":600,"width":431,"height":9}},{"id":"bffb2d0a-215f-4a6f-b5cf-93319c28fb81","block_type":"box","text":"affiliates (“MSCI”), or information providers (together the “MSCI Parties”)","page_number":3,"box":{"x":516,"y":612,"width":428,"height":9}},{"id":"b14a2071-128a-4c70-b38c-4c920f3c2a93","block_type":"box","text":"and may have been used to calculate scores, signals, or other indicators.","page_number":3,"box":{"x":516,"y":626,"width":427,"height":8}},{"id":"68622508-d6ca-45d8-bfac-be080a9ede42","block_type":"box","text":"The Information is for internal use only and may not be reproduced or","page_number":3,"box":{"x":515,"y":638,"width":411,"height":9}},{"id":"022b4399-50bf-4c08-a888-2f3ca4446f61","block_type":"box","text":"disseminated in whole or part without prior written permission. The","page_number":3,"box":{"x":516,"y":651,"width":395,"height":9}},{"id":"4534275b-e38c-48b6-abd2-15f59dfe14d8","block_type":"box","text":"Information may not be used for, nor does it constitute, an offer to buy","page_number":3,"box":{"x":516,"y":664,"width":411,"height":9}},{"id":"463c95e9-9411-46c6-b0d8-e8703bfc6fa4","block_type":"box","text":"or sell, or a promotion or recommendation of, any security, financial","page_number":3,"box":{"x":516,"y":677,"width":396,"height":8}},{"id":"ca300370-70b4-4dd7-ade9-f2907a9d9d01","block_type":"box","text":"instrument or product, trading strategy, or index, nor should it be taken as","page_number":3,"box":{"x":516,"y":690,"width":433,"height":8}},{"id":"bf45f8bf-c312-4bea-a1b4-5fe415cd3de7","block_type":"box","text":"an indication or guarantee of any future performance. Some funds may","page_number":3,"box":{"x":516,"y":702,"width":420,"height":9}},{"id":"26f43d2c-84a9-4bf4-9571-96e15d6bf291","block_type":"box","text":"be based on or linked to MSCI indexes, and MSCI may be compensated","page_number":3,"box":{"x":516,"y":715,"width":422,"height":9}},{"id":"7b3db618-6828-495f-b010-4f9d62274103","block_type":"box","text":"based on the fund’s assets under management or other measures.","page_number":3,"box":{"x":516,"y":728,"width":392,"height":9}},{"id":"8bcd9e40-f515-4592-9184-e384d9a7d1b0","block_type":"box","text":"MSCI has established an information barrier between index research","page_number":3,"box":{"x":516,"y":741,"width":407,"height":7}},{"id":"a4914b2d-7971-4620-8d6f-08dbe3fe7941","block_type":"box","text":"and certain Information. None of the Information in and of itself can be","page_number":3,"box":{"x":516,"y":754,"width":413,"height":7}},{"id":"6cce385d-7ea9-4607-86ac-d8c2dc54d919","block_type":"box","text":"used to determine which securities to buy or sell or when to buy or sell","page_number":3,"box":{"x":516,"y":767,"width":412,"height":8}},{"id":"131dfa2a-b472-4a09-9467-470a781ffea5","block_type":"box","text":"them. The Information is provided “as is” and the user assumes the entire","page_number":3,"box":{"x":515,"y":779,"width":431,"height":9}},{"id":"23354e3a-df39-47e6-a602-11f04d5bb890","block_type":"box","text":"risk of any use it may make or permit to be made of the Information.","page_number":3,"box":{"x":516,"y":792,"width":398,"height":9}},{"id":"3d0c8a23-6d29-42fb-ac0d-3b283faaab4c","block_type":"box","text":"No MSCI Party warrants or guarantees the originality, accuracy and/","page_number":3,"box":{"x":516,"y":805,"width":403,"height":9}},{"id":"e39809a8-6436-42de-a33d-65306f9fb64b","block_type":"box","text":"or completeness of the Information and each expressly disclaims all","page_number":3,"box":{"x":516,"y":818,"width":401,"height":9}},{"id":"9c3f4554-da87-46db-ab13-737accfab29e","block_type":"box","text":"express or implied warranties. No MSCI Party shall have any liability for","page_number":3,"box":{"x":516,"y":831,"width":418,"height":8}},{"id":"004b52cd-7513-48cd-82cd-9da8f9364c82","block_type":"box","text":"any errors or omissions in connection with any Information herein, or any","page_number":3,"box":{"x":516,"y":844,"width":428,"height":8}},{"id":"b2025034-b946-459f-974b-2421b71fe8bf","block_type":"box","text":"liability for any direct, indirect, special, punitive, consequential or any","page_number":3,"box":{"x":516,"y":856,"width":405,"height":9}},{"id":"1333e1ea-f80e-4ee8-aa4b-b8cbb08afa48","block_type":"box","text":"other damages (including lost profits) even if notified of the possibility of","page_number":3,"box":{"x":516,"y":869,"width":426,"height":9}},{"id":"aaab88af-cd79-4cd1-80be-b2e7c0f320b4","block_type":"box","text":"such damages.","page_number":3,"box":{"x":515,"y":882,"width":89,"height":9}},{"id":"882aaca8-3f00-4163-8f4a-772cffdf21f9","block_type":"box","text":"The returns on a portfolio of securities which exclude companies that do","page_number":3,"box":{"x":515,"y":900,"width":429,"height":8}},{"id":"9a8c8014-4e9f-4ac9-95d4-78459163bfa7","block_type":"box","text":"not meet the portfolio’s sustainable strategy criteria may trail the returns","page_number":3,"box":{"x":516,"y":912,"width":428,"height":9}},{"id":"34583937-dae0-45cf-872b-5df234e65984","block_type":"box","text":"on a portfolio of securities which include such companies. A portfolio’s","page_number":3,"box":{"x":516,"y":925,"width":415,"height":9}},{"id":"6b37a378-1617-4173-9fe6-4ee3c0f49be2","block_type":"box","text":"Report ID: 5648730.1","page_number":3,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"6852c745-380d-421f-a19b-73fb578cf816","block_type":"box","text":"Published: 13 Oct 2026","page_number":3,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"8be7a1b8-bb8d-485b-af82-de6ad90b05f1","block_type":"box","text":"P","page_number":3,"box":{"x":899,"y":968,"width":5,"height":6}},{"id":"408baf35-f71a-4075-a95f-273102937315","block_type":"box","text":"a","page_number":3,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"55099ba0-974d-487e-ba36-e5f6471fa1e1","block_type":"box","text":"g","page_number":3,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"3f77289b-9960-4f21-923b-dc5947b9f188","block_type":"box","text":"e","page_number":3,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"e3d0726c-29ed-454a-b503-6053d7820d24","block_type":"box","text":"3","page_number":3,"box":{"x":924,"y":968,"width":5,"height":6}},{"id":"5e668b3b-7202-414f-ac26-65b1f97e1788","block_type":"box","text":"of","page_number":3,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"d460007e-4887-4f38-acdd-91f82f930303","block_type":"box","text":"4","page_number":3,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"91cd3901-4d97-4ba0-9b22-03c8d01d41b2","block_type":"box","text":"sustainable strategy criteria may result in the portfolio investing in","page_number":4,"box":{"x":47,"y":36,"width":389,"height":8}},{"id":"a1e29225-74da-445e-91c4-7e7147e9b62e","block_type":"box","text":"industry sectors or securities which underperform the market as a whole.","page_number":4,"box":{"x":47,"y":48,"width":433,"height":9}},{"id":"01926880-454a-426b-bb1c-2ac24481bf70","block_type":"box","text":"For AIFMD Funds where applicable:","page_number":4,"box":{"x":47,"y":66,"width":225,"height":9}},{"id":"26064b3e-2aa6-41e5-a366-90c7723d22e4","block_type":"box","text":"For Professional Client/Qualified Investor Use Only in the","page_number":4,"box":{"x":47,"y":83,"width":361,"height":9}},{"id":"623ceffc-5a18-4775-bc61-026f5758ddfe","block_type":"box","text":"Switzerland, Netherlands, Sweden and United Kingdom. Not for","page_number":4,"box":{"x":47,"y":96,"width":403,"height":9}},{"id":"e333eaec-8001-4947-ad0f-faa43427b7fb","block_type":"box","text":"public distribution.","page_number":4,"box":{"x":47,"y":109,"width":120,"height":9}},{"id":"2699953b-a0d7-4b36-8abc-5b1c7bfc3349","block_type":"box","text":"In the UK, this document has been issued by State Street Global Advisors","page_number":4,"box":{"x":47,"y":127,"width":434,"height":8}},{"id":"c6822038-4253-4436-b36a-b7cee20f698f","block_type":"box","text":"Limited (“SSGAL”). Authorized and regulated by the Financial Conduct","page_number":4,"box":{"x":47,"y":139,"width":419,"height":9}},{"id":"c8adef4a-6d1a-4b14-934e-35877351e4d9","block_type":"box","text":"Authority, Registered No.2509928. VAT No. 5776591 81. Registered","page_number":4,"box":{"x":47,"y":152,"width":398,"height":9}},{"id":"3429cf48-10c8-4f49-b372-ce63178ba398","block_type":"box","text":"office: 20 Churchill Place, Canary Wharf, London, E14 5HJ. Telephone:","page_number":4,"box":{"x":47,"y":165,"width":413,"height":9}},{"id":"e901464b-7318-4733-88dd-8a93dae3c380","block_type":"box","text":"020 3395 6000. Facsimile: 020 3395 6350 Web:","page_number":4,"box":{"x":47,"y":178,"width":292,"height":7}},{"id":"63a7ce3c-cfd7-49d3-9e23-fd9d264cb604","block_type":"box","text":"www.ssga","page_number":4,"box":{"x":342,"y":180,"width":59,"height":7}},{"id":"bfceb937-7278-450d-9e68-47e562f03eb6","block_type":"box","text":".com","page_number":4,"box":{"x":401,"y":180,"width":28,"height":5}},{"id":"8cfb3100-be5e-4444-8fb7-63d31a1a6770","block_type":"box","text":".","page_number":4,"box":{"x":431,"y":184,"width":1,"height":1}},{"id":"d1c1c347-3ddc-411c-a50f-0db09f960c1e","block_type":"box","text":"NOTICE TO PERSONS IN THE EUROPEAN ECONOMIC AREA","page_number":4,"box":{"x":47,"y":196,"width":388,"height":7}},{"id":"2b5875d3-cf05-44f8-91a8-f234a3a5da20","block_type":"box","text":"(“EEA”)","page_number":4,"box":{"x":47,"y":208,"width":48,"height":8}},{"id":"c77e3d41-af7c-4af4-8de7-01bd3ec27aee","block_type":"box","text":"The fund is permitted to market into the relevant EEA jurisdiction","page_number":4,"box":{"x":47,"y":226,"width":385,"height":9}},{"id":"5c141b47-75d4-4009-be9d-266fc34dc108","block_type":"box","text":"pursuant to either Article 42 of AIFMD (if and as implemented under","page_number":4,"box":{"x":47,"y":239,"width":403,"height":9}},{"id":"667ff79e-d1cf-47d3-9812-6a0922e7260d","block_type":"box","text":"national laws of such member state); or (ii) can otherwise be lawfully","page_number":4,"box":{"x":47,"y":252,"width":402,"height":8}},{"id":"87955cfc-164e-4526-9f2b-a8ddc39cd12f","block_type":"box","text":"offered or sold (including on the basis of an unsolicited request from a","page_number":4,"box":{"x":47,"y":264,"width":412,"height":9}},{"id":"d4566f00-16d0-40f9-a0ba-ba81301e2113","block_type":"box","text":"professional client/qualified investor).","page_number":4,"box":{"x":47,"y":277,"width":222,"height":9}},{"id":"7bce7a8d-2482-4f4a-bd4a-d38fe95b04a3","block_type":"box","text":"The Fund is an alternative investment fund for the purpose of the","page_number":4,"box":{"x":47,"y":295,"width":412,"height":9}},{"id":"c575d407-867e-4b6d-83ea-661f72c0b025","block_type":"box","text":"European Union Alternative Investment Fund Managers Directive","page_number":4,"box":{"x":47,"y":308,"width":415,"height":9}},{"id":"4a4c217d-fd75-4fa8-b8c5-299853f5d141","block_type":"box","text":"(Directive 2011/61/ EU) (the “AIFMD”). It is not a regulated collective","page_number":4,"box":{"x":47,"y":320,"width":427,"height":9}},{"id":"b3071a23-6e91-4143-ac1f-1f147d300ae8","block_type":"box","text":"investment scheme for purposes of the Financial Services and","page_number":4,"box":{"x":47,"y":333,"width":395,"height":9}},{"id":"a76572c7-e762-4733-afb2-73089bf6edd5","block_type":"box","text":"Markets Act 2000 of the United Kingdom (“FSMA”). The promotion","page_number":4,"box":{"x":47,"y":346,"width":426,"height":9}},{"id":"1f8cac0c-c021-4ec3-86c3-54f3dfddece9","block_type":"box","text":"of the fund and the distribution of this material in the UK is","page_number":4,"box":{"x":47,"y":359,"width":369,"height":7}},{"id":"c56d3e18-ce33-4582-8150-93be6cd78ad0","block_type":"box","text":"restricted by law to Professional Investors Only. The information","page_number":4,"box":{"x":47,"y":372,"width":409,"height":9}},{"id":"ed894aac-ddcf-4897-9d2e-c55993702890","block_type":"box","text":"provided does not constitute tax advice, investors should consult","page_number":4,"box":{"x":47,"y":385,"width":414,"height":8}},{"id":"b17b9842-c01b-41f7-8016-cfa923abc930","block_type":"box","text":"their tax advisors with respect to their particular tax situations and","page_number":4,"box":{"x":47,"y":398,"width":426,"height":8}},{"id":"0ab57db8-74d6-427e-99c2-9bfd02b49143","block_type":"box","text":"the tax effects of an investment in the Fund.","page_number":4,"box":{"x":47,"y":410,"width":277,"height":7}},{"id":"4ce78ca7-58c6-46e5-b4f9-7249f4b6bf7d","block_type":"box","text":"The fund is an alternative investment fund for the purpose of the","page_number":4,"box":{"x":512,"y":36,"width":409,"height":8}},{"id":"9ecd5e64-2c57-4596-9b03-4a66bd425d68","block_type":"box","text":"European Union Alternative Investment Fund Managers Directive","page_number":4,"box":{"x":512,"y":49,"width":415,"height":8}},{"id":"7917dc06-b969-4752-9409-79de896ba410","block_type":"box","text":"(Directive 2011/61/ EU) (“AIFMD”). SSGA Funds Management, Inc.","page_number":4,"box":{"x":512,"y":61,"width":414,"height":9}},{"id":"ca459e49-19a9-4ae7-a0d1-7e38d2f4edb0","block_type":"box","text":"or State Street Global Advisors Trust Company is the alternative","page_number":4,"box":{"x":512,"y":74,"width":411,"height":9}},{"id":"8d6cac41-76d5-4548-b47b-2cf5d7b70121","block_type":"box","text":"investment fund manager (“AIFM”) of the fund and is an affiliate of","page_number":4,"box":{"x":512,"y":87,"width":421,"height":9}},{"id":"71c44455-5846-4d57-a9bf-0c784b8de2c5","block_type":"box","text":"State Street Global Advisors Limited.","page_number":4,"box":{"x":512,"y":100,"width":237,"height":7}},{"id":"7d6eaa60-257b-4084-8075-de4692fa0bdd","block_type":"box","text":"For Switzerland Qualified Investor: The distribution of interests of U.S.","page_number":4,"box":{"x":512,"y":117,"width":409,"height":7}},{"id":"48aeecfe-8b3b-4bb5-8a79-d2b7b64d4f6f","block_type":"box","text":"SPDR ETFs in Switzerland will be exclusively made to, and directed at,","page_number":4,"box":{"x":512,"y":130,"width":413,"height":9}},{"id":"cee974e3-252d-4aa7-97f4-3ebf06661f13","block_type":"box","text":"qualified investors according to Article 10(3) and (3ter) of the Swiss","page_number":4,"box":{"x":512,"y":143,"width":396,"height":9}},{"id":"c35780b1-d4fa-47d5-85d2-38ffc56fa130","block_type":"box","text":"Collective Investment Schemes Act (“CISA”) and its implementing","page_number":4,"box":{"x":512,"y":156,"width":391,"height":9}},{"id":"ce7a1250-2cd3-4864-825f-bc00e4ec3147","block_type":"box","text":"ordinance. The legal documents of U.S. SPDR ETFs can be obtained free","page_number":4,"box":{"x":512,"y":169,"width":428,"height":8}},{"id":"130697fb-9502-4ae4-b831-739a0d2226fc","block_type":"box","text":"of charge from the representative in Switzerland. Swiss Representative","page_number":4,"box":{"x":512,"y":181,"width":419,"height":9}},{"id":"3e8ea0ec-1b50-4b52-8de6-a5d1edeb9e03","block_type":"box","text":"& Swiss Paying Agent: State Street Bank International GmbH","page_number":4,"box":{"x":512,"y":194,"width":359,"height":9}},{"id":"73a3a282-5a4e-48a4-a3b0-ed96a49e30b8","block_type":"box","text":"Kalanderplatz 5, 8045 Zürich, Switzerland Tel: +41 44 560 500.","page_number":4,"box":{"x":512,"y":207,"width":374,"height":9}},{"id":"3cc7f974-02f3-43bf-817f-3601c59457ba","block_type":"box","text":"SSGA Funds Management, Inc. serves as the investment advisor to the","page_number":4,"box":{"x":512,"y":225,"width":419,"height":8}},{"id":"4f413233-3453-4dcc-9a9f-78970f57ffc4","block_type":"box","text":"SPDR ETFs that are registered with the United States Securities and","page_number":4,"box":{"x":512,"y":237,"width":403,"height":9}},{"id":"7c67c588-6b05-4f70-83e8-3198b353ddd4","block_type":"box","text":"Exchange Commission under the Investment Company Act of 1940.","page_number":4,"box":{"x":512,"y":250,"width":402,"height":9}},{"id":"b65ec0d2-3efc-4347-bc43-c122bcf5c91c","block_type":"box","text":"SSGA Funds Management, Inc. is an affiliate of State Street Global","page_number":4,"box":{"x":512,"y":263,"width":391,"height":9}},{"id":"6f79511b-f501-4776-bb16-a01ebd936891","block_type":"box","text":"Advisors Limited.","page_number":4,"box":{"x":511,"y":276,"width":104,"height":7}},{"id":"447fcfc9-51e7-4e75-8599-fd030ff25ca5","block_type":"box","text":"Before investing, consider the funds’ investment objectives, risks,","page_number":4,"box":{"x":512,"y":294,"width":416,"height":8}},{"id":"77a6c857-bbed-4d98-a306-c76e85510d1b","block_type":"box","text":"charges and expenses. To obtain a prospectus which contains","page_number":4,"box":{"x":512,"y":307,"width":393,"height":8}},{"id":"db152fbc-cdf0-406f-ab8e-01c5e72d26b1","block_type":"box","text":"this and other information, visit ssga.com or talk to your financial","page_number":4,"box":{"x":511,"y":319,"width":412,"height":9}},{"id":"8c81edb4-a015-4ef3-a1c0-d7602f371ef2","block_type":"box","text":"advisor. Read it carefully before investing.","page_number":4,"box":{"x":512,"y":332,"width":266,"height":9}},{"id":"ca56ecdf-e290-40c0-a755-12f18628bb5f","block_type":"box","text":"© 2026 State Street Corporation - All Rights Reserved.","page_number":4,"box":{"x":512,"y":358,"width":326,"height":8}},{"id":"e2e1c3b2-3ea0-4313-8d70-29140937c883","block_type":"box","text":"Tracking Code : 8886773.1.1.EMEA.INST","page_number":4,"box":{"x":512,"y":371,"width":235,"height":8}},{"id":"25ccef15-ed31-43d2-81b2-309f1c30fea1","block_type":"box","text":"Expiration Date : 04.30.2027","page_number":4,"box":{"x":512,"y":383,"width":170,"height":9}},{"id":"da836a01-bebd-4af6-a45f-b2f1c22a359b","block_type":"box","text":"State Street Global Advisors Worldwide Ent","page_number":4,"box":{"x":512,"y":396,"width":259,"height":7}},{"id":"f3df5845-3c0f-4da3-984a-f8c9d86a31df","block_type":"box","text":"ities","page_number":4,"box":{"x":772,"y":396,"width":23,"height":7}},{"id":"66de16f2-64a4-4cf6-b870-8cd2f3a36c8c","block_type":"box","text":"Report ID: 5648730.1","page_number":4,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"934ba26f-dba2-46c0-a87e-629974c459e0","block_type":"box","text":"Published: 13 Oct 2026","page_number":4,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"d3c5b044-291f-4409-bd81-69f08cb841f4","block_type":"box","text":"P","page_number":4,"box":{"x":898,"y":968,"width":6,"height":6}},{"id":"34d7799c-2e81-4f9b-b61c-a513e0145fab","block_type":"box","text":"a","page_number":4,"box":{"x":904,"y":970,"width":6,"height":4}},{"id":"6251379c-de20-46ca-a25d-71fc258ae32c","block_type":"box","text":"g","page_number":4,"box":{"x":910,"y":970,"width":5,"height":5}},{"id":"a32a7920-9608-4d0d-a434-eb49306a19c7","block_type":"box","text":"e","page_number":4,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"c61ec46a-a9d3-4617-9b0b-1b3d8de5e6ab","block_type":"box","text":"4","page_number":4,"box":{"x":923,"y":968,"width":7,"height":6}},{"id":"58c17fb3-d7ab-42ea-821a-45a6514b6db5","block_type":"box","text":"of","page_number":4,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"765689df-9b54-4869-bfe0-bbba5acccf75","block_type":"box","text":"4","page_number":4,"box":{"x":943,"y":968,"width":7,"height":6}}],"unit":"per_mille","page_width":595,"page_height":[{"value":841,"pages":[1]},{"value":842,"pages":[2,3,4]}],"attributes":{"chunk_type":"page_range","start_page":1,"end_page":4}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"4c24f46b-03f4-42c9-90ef-eace643c6bf5"},"user_id":1000002,"date_created":"2026-10-17T01:07:09.987000Z","date_modified":"2026-10-17T01:07:09.987000Z","private":false}