{"annotation_id":"349cbab6-bbca-4d59-b0d6-184b9d859b7b","file_hash":"4d5cf44ac20c5e3935e90ffb00fa0e7b2ee27f4f942e8c88bc15b2947901f4d6","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"b533ad44-0300-4be2-8ed8-58445cd9adf3","block_type":"box","text":"State Street Global Treasury Bond","page_number":1,"box":{"x":51,"y":71,"width":598,"height":23}},{"id":"9c8ba168-cae2-4846-92a9-7b8afc14f9a2","block_type":"box","text":"Index Fund - I GBP Portfolio Hedged","page_number":1,"box":{"x":52,"y":105,"width":606,"height":23}},{"id":"81194309-6fb4-4dd8-819c-06eb805c0e1a","block_type":"box","text":"Asset Class","page_number":1,"box":{"x":754,"y":46,"width":58,"height":6}},{"id":"a4ff56e3-b1f1-4dda-a67a-fb7eb9dbe6ea","block_type":"box","text":"Fixed Income","page_number":1,"box":{"x":754,"y":62,"width":71,"height":5}},{"id":"8e24bcb2-6e5e-48df-a9d4-98257c67bd4d","block_type":"box","text":"Fund Identifier","page_number":1,"box":{"x":754,"y":92,"width":72,"height":6}},{"id":"7184830d-7f86-4265-bcd9-66c429732f0a","block_type":"box","text":"LU0956451438","page_number":1,"box":{"x":754,"y":106,"width":82,"height":6}},{"id":"635fb782-76dc-4d61-b106-716c81766752","block_type":"box","text":"As of 31 Oct 2025","page_number":1,"box":{"x":753,"y":136,"width":92,"height":6}},{"id":"a8c41c73-0677-4561-9947-12d3b84d61e7","block_type":"box","text":"The information presented is intend to provide transparency to investors around sustainability characteristics of the fund. Presenting this information should not be construed as a","page_number":1,"box":{"x":50,"y":182,"width":883,"height":7}},{"id":"1216b81d-6f43-4b41-839b-d22dd59b143d","block_type":"box","text":"representation of the fund’s current or future investment objective, nor should it be viewed as an indicator of the fund manager’s current or future investment decision-making.","page_number":1,"box":{"x":51,"y":192,"width":860,"height":8}},{"id":"614d9777-a03b-40a0-98a5-7bb9453ea7b8","block_type":"box","text":"Source: State Street Investment Management, MSCI, CBI. Holdings as of 31 Oct 2025,","page_number":1,"box":{"x":50,"y":228,"width":424,"height":7}},{"id":"424df6ba-95dd-4b14-b428-414315bfccb8","block_type":"box","text":"sustainability data as of 30 Sep 2025.","page_number":1,"box":{"x":50,"y":238,"width":188,"height":8}},{"id":"d8538f75-2a62-494a-b9b1-3e06bcda9c0f","block_type":"box","text":"See Glossary for definitions and detailed calculation notes such as missing data","page_number":1,"box":{"x":50,"y":247,"width":393,"height":8}},{"id":"9e18ece6-8b33-4cde-acc8-f291e6961aa8","block_type":"box","text":"treatment, data lag and exclusions. The results are estimates based on assumptions","page_number":1,"box":{"x":50,"y":258,"width":416,"height":7}},{"id":"e47ebfc4-cb07-4506-bf3f-6f65a8075477","block_type":"box","text":"and analysis made by State Street Investment Management. They are not intended to","page_number":1,"box":{"x":50,"y":269,"width":423,"height":7}},{"id":"bd70af01-add6-4cf5-9285-e03e81b847b2","block_type":"box","text":"represent actual results of any offering.","page_number":1,"box":{"x":51,"y":279,"width":192,"height":8}},{"id":"5c85ccef-2c4b-435f-b1f7-507a9f0f57cb","block_type":"box","text":"Actual results may differ.","page_number":1,"box":{"x":50,"y":291,"width":123,"height":7}},{"id":"2ca96107-c048-4b0d-8162-af6773a670b6","block_type":"box","text":"Green Bonds","page_number":1,"box":{"x":50,"y":332,"width":97,"height":8}},{"id":"3f8d84a1-a1f6-483c-a631-631f5f93eece","block_type":"box","text":"1.63%","page_number":1,"box":{"x":112,"y":362,"width":50,"height":8}},{"id":"05663381-899a-49d7-a609-0b8134f64ff6","block_type":"box","text":"Adverse Sustainability Indicator","page_number":1,"box":{"x":50,"y":411,"width":241,"height":10}},{"id":"96ea6d71-bac3-41c5-ad99-43010aae64e0","block_type":"box","text":"Sovereign - Additional Social","page_number":1,"box":{"x":50,"y":437,"width":154,"height":7}},{"id":"e02adaa2-4398-4417-acb5-68021921a00a","block_type":"box","text":"Average Income Inequality Score","page_number":1,"box":{"x":50,"y":485,"width":165,"height":7}},{"id":"c34cdcfb-7c55-4e29-b2d8-54537c3b7808","block_type":"box","text":"36.80","page_number":1,"box":{"x":359,"y":486,"width":38,"height":6}},{"id":"43391ffa-d950-46fd-acc4-3501b6552a33","block_type":"box","text":"Average Freedom Of Expression Score","page_number":1,"box":{"x":50,"y":501,"width":195,"height":7}},{"id":"e0259af4-8f4d-4b9a-8dae-76f6c26fbbd8","block_type":"box","text":"64.16","page_number":1,"box":{"x":359,"y":502,"width":38,"height":6}},{"id":"cf7ff136-d406-42dc-ab07-cd90fdbfedfb","block_type":"box","text":"Sovereign - Governance","page_number":1,"box":{"x":50,"y":522,"width":129,"height":8}},{"id":"6dd47c53-71bb-4cc4-841e-912d4fb0e5aa","block_type":"box","text":"Average Corruption Score","page_number":1,"box":{"x":50,"y":570,"width":131,"height":7}},{"id":"be5b3c74-761e-425f-9504-05a304eb52f0","block_type":"box","text":"63.35","page_number":1,"box":{"x":359,"y":571,"width":38,"height":6}},{"id":"4a916845-280a-4c88-bf90-4e2abb68bac0","block_type":"box","text":"Sovereign - Jurisdictions","page_number":1,"box":{"x":50,"y":592,"width":133,"height":7}},{"id":"cedcf946-740f-4027-b35c-f54a4fbf2e27","block_type":"box","text":"Average Political Stability Score","page_number":1,"box":{"x":50,"y":640,"width":159,"height":7}},{"id":"2e54976b-654b-415e-a731-f9a37872133f","block_type":"box","text":"6.51","page_number":1,"box":{"x":367,"y":641,"width":30,"height":6}},{"id":"607b4111-2ff5-4efe-8333-5a1cd7752ffb","block_type":"box","text":"Average Rule Of Law Score","page_number":1,"box":{"x":50,"y":655,"width":136,"height":8}},{"id":"62195191-9f06-461a-b02e-524d91d5114d","block_type":"box","text":"1.12","page_number":1,"box":{"x":367,"y":656,"width":30,"height":6}},{"id":"8b2edc60-66c8-4e25-94af-6a5eb20d23a6","block_type":"box","text":"ESG Score","page_number":1,"box":{"x":535,"y":228,"width":79,"height":8}},{"id":"68e88e50-9ecd-45e5-912f-e007dc33f960","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":608,"y":251,"width":41,"height":6}},{"id":"76e83d38-23c3-4312-94d2-626466e51110","block_type":"box","text":"5.88","page_number":1,"box":{"x":609,"y":263,"width":79,"height":15}},{"id":"cb424b90-9030-451a-a91c-061731d5bcd5","block_type":"box","text":"ESG Rating","page_number":1,"box":{"x":770,"y":228,"width":84,"height":10}},{"id":"009df499-44e3-4ced-a27c-dddd42526043","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":842,"y":251,"width":42,"height":6}},{"id":"a705c144-6aea-4429-9ce4-b994945626b5","block_type":"box","text":"A","page_number":1,"box":{"x":842,"y":263,"width":19,"height":15}},{"id":"bf4a4a48-37ed-4339-900e-4a1f846b35e1","block_type":"box","text":"ESG Rating Distribution","page_number":1,"box":{"x":516,"y":333,"width":176,"height":10}},{"id":"2e2192d3-0044-4a11-8e68-54d24fb3e9d2","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":907,"y":357,"width":41,"height":6}},{"id":"bae2c118-0042-4c7e-8207-42f4166dd93c","block_type":"box","text":"ESG Leaders","page_number":1,"box":{"x":516,"y":371,"width":65,"height":6}},{"id":"f9790f7e-f26e-4b38-8fa1-aee36ca5cce2","block_type":"box","text":"9.54%","page_number":1,"box":{"x":911,"y":372,"width":37,"height":6}},{"id":"c8b95b2d-e587-42af-a169-40f5b52e798f","block_type":"box","text":"ESG Average","page_number":1,"box":{"x":516,"y":387,"width":66,"height":7}},{"id":"fd4db0c9-aeab-40cb-8502-cfb13b5ae2b9","block_type":"box","text":"90.25%","page_number":1,"box":{"x":903,"y":388,"width":45,"height":6}},{"id":"2bb76950-5ab8-45e4-9d99-4c7038db7e56","block_type":"box","text":"ESG Laggards","page_number":1,"box":{"x":516,"y":403,"width":71,"height":7}},{"id":"a25260eb-b062-4842-8691-d66c3698d238","block_type":"box","text":"0.00%","page_number":1,"box":{"x":910,"y":404,"width":38,"height":6}},{"id":"94a8960d-392c-4cc1-9ace-5363e01a9b5d","block_type":"box","text":"ESG Not Covered","page_number":1,"box":{"x":516,"y":418,"width":88,"height":6}},{"id":"85dd6470-1197-42e9-91c9-64dd6629efe8","block_type":"box","text":"0.22%","page_number":1,"box":{"x":910,"y":420,"width":38,"height":5}},{"id":"7ac4b9d1-71ff-4beb-89a9-d562fd46c093","block_type":"box","text":"Weighted Average Carbon Intensity","page_number":1,"box":{"x":515,"y":456,"width":268,"height":10}},{"id":"da9f1cc7-bf74-44b0-8c0d-4377da92b4c4","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":760,"y":492,"width":39,"height":6}},{"id":"c5c0d5e8-8c64-4b09-a526-3dcb2c3b4145","block_type":"box","text":"Coverage %","page_number":1,"box":{"x":892,"y":482,"width":56,"height":7}},{"id":"eec2f2a7-2a58-47ad-8346-bd135bd0c011","block_type":"box","text":"MV Portfolio","page_number":1,"box":{"x":891,"y":492,"width":57,"height":6}},{"id":"c6ca9738-6153-4998-8f5c-d37d396c1fce","block_type":"box","text":"Scope 1 Exclude LULUCF","page_number":1,"box":{"x":515,"y":506,"width":118,"height":7}},{"id":"37158784-a7ac-47b3-9df9-7028438a7280","block_type":"box","text":"206.90","page_number":1,"box":{"x":757,"y":507,"width":42,"height":5}},{"id":"4b0c74bb-fca6-44a6-b89f-7c4c267cdca6","block_type":"box","text":"99.78","page_number":1,"box":{"x":913,"y":507,"width":35,"height":5}},{"id":"e6562a5c-8aad-434a-b62c-696e963ecef7","block_type":"box","text":"Scope 1 Include LULUCF","page_number":1,"box":{"x":515,"y":521,"width":115,"height":7}},{"id":"814fddba-8d80-4981-911e-691f3459d6fb","block_type":"box","text":"195.50","page_number":1,"box":{"x":757,"y":522,"width":42,"height":6}},{"id":"619665a8-1ebd-4033-8c22-d1138e31bccf","block_type":"box","text":"99.78","page_number":1,"box":{"x":913,"y":522,"width":35,"height":6}},{"id":"d0e78833-c8ea-4243-80ba-ccdb2fa1544d","block_type":"box","text":"Consumption","page_number":1,"box":{"x":516,"y":537,"width":62,"height":6}},{"id":"e3c1614c-5a44-4f7d-9223-88d708124f41","block_type":"box","text":"229.84","page_number":1,"box":{"x":757,"y":538,"width":42,"height":5}},{"id":"02bb37ed-a40e-4267-abcc-bdce90a9e632","block_type":"box","text":"99.78","page_number":1,"box":{"x":913,"y":538,"width":35,"height":5}},{"id":"e23b8e78-6119-4727-8ead-f9ad57978288","block_type":"box","text":"Total Carbon Emissions","page_number":1,"box":{"x":516,"y":574,"width":177,"height":8}},{"id":"04a3c90c-4254-4faa-b865-c4cf091dcf1c","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":757,"y":609,"width":42,"height":6}},{"id":"add48d8c-a922-443a-a1cc-3198fb2115c1","block_type":"box","text":"Coverage %","page_number":1,"box":{"x":888,"y":599,"width":60,"height":7}},{"id":"57fe87db-545f-4457-8c2a-0cf3e37da3a8","block_type":"box","text":"MV Portfolio","page_number":1,"box":{"x":887,"y":609,"width":61,"height":6}},{"id":"fb72dc43-dbc6-4182-9c17-e91fa51f280f","block_type":"box","text":"Scope 1 Exclude LULUCF","page_number":1,"box":{"x":516,"y":623,"width":126,"height":8}},{"id":"c4f84ad8-1fa6-482e-ba4a-468a8a64586c","block_type":"box","text":"495,029.29","page_number":1,"box":{"x":722,"y":625,"width":76,"height":7}},{"id":"6127cc51-37db-4258-b45a-a0b2d4c341c3","block_type":"box","text":"99.78","page_number":1,"box":{"x":911,"y":625,"width":37,"height":6}},{"id":"76deb120-898b-4b31-8565-5baf8cc85193","block_type":"box","text":"Scope 1 Include LULUCF","page_number":1,"box":{"x":516,"y":639,"width":122,"height":7}},{"id":"0a45ea14-32cc-4e44-a8f8-41f264112af6","block_type":"box","text":"467,754.65","page_number":1,"box":{"x":722,"y":640,"width":76,"height":8}},{"id":"96466e2a-eef4-4991-9d43-15c1c3c01e1a","block_type":"box","text":"99.78","page_number":1,"box":{"x":911,"y":640,"width":37,"height":6}},{"id":"e3702b41-7c2d-42da-86d2-db73835cc99a","block_type":"box","text":"Consumption","page_number":1,"box":{"x":516,"y":655,"width":67,"height":7}},{"id":"30db2d4d-6c20-4642-96f6-d52084ca63af","block_type":"box","text":"549,904.46","page_number":1,"box":{"x":722,"y":656,"width":77,"height":7}},{"id":"2035e1f7-9fe7-427b-8ce9-3389064963a5","block_type":"box","text":"99.78","page_number":1,"box":{"x":911,"y":656,"width":37,"height":6}},{"id":"9a7642d5-0c0b-4e33-97ea-423b6e031dda","block_type":"box","text":"Government Freedom Status","page_number":1,"box":{"x":516,"y":692,"width":221,"height":8}},{"id":"5e5a547f-9169-4ca1-af45-dbfbfa5c607a","block_type":"box","text":"(Market Value)","page_number":1,"box":{"x":516,"y":707,"width":63,"height":5}},{"id":"01be9573-f1ec-482f-aca7-7e1a49c6b390","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":624,"y":737,"width":39,"height":5}},{"id":"a831d0ad-1ed0-408b-9e0a-c685cc804a8e","block_type":"box","text":"Free","page_number":1,"box":{"x":533,"y":756,"width":20,"height":6}},{"id":"9a7f59da-ee26-44ed-a6dc-193b2fb39e42","block_type":"box","text":"85.96%","page_number":1,"box":{"x":616,"y":757,"width":46,"height":6}},{"id":"e4d5700a-2caa-4ba7-aaad-66fc48701e66","block_type":"box","text":"Partially Free","page_number":1,"box":{"x":533,"y":776,"width":60,"height":7}},{"id":"d561efbd-241d-438e-a082-638d4eaa8173","block_type":"box","text":"2.71%","page_number":1,"box":{"x":624,"y":777,"width":38,"height":6}},{"id":"6e43d00b-c343-4e10-9053-571d4cb618b2","block_type":"box","text":"Not Free","page_number":1,"box":{"x":533,"y":796,"width":39,"height":6}},{"id":"e78f4f53-c40b-4035-bbb5-6b64fd44c5a0","block_type":"box","text":"11.11%","page_number":1,"box":{"x":617,"y":797,"width":45,"height":6}},{"id":"9cda7d3a-aa83-4ff5-b22c-0e86bd676b24","block_type":"box","text":"No Data","page_number":1,"box":{"x":533,"y":816,"width":37,"height":6}},{"id":"545dd230-ce0b-417c-9cd2-aa3f467bb9b3","block_type":"box","text":"0.22%","page_number":1,"box":{"x":624,"y":817,"width":38,"height":6}},{"id":"af1ce694-e3d9-4f40-b3d3-2a78fe0d45c9","block_type":"box","text":"Report ID: 5081844.1","page_number":1,"box":{"x":362,"y":968,"width":114,"height":9}},{"id":"0e0750b9-8b12-4142-bd46-283e6f97a991","block_type":"box","text":"Published: 18 Nov 2025","page_number":1,"box":{"x":496,"y":968,"width":129,"height":7}},{"id":"6f691e2e-3ccc-469b-960b-f3fc3b5a89cf","block_type":"box","text":"P","page_number":1,"box":{"x":902,"y":968,"width":5,"height":6}},{"id":"7892497d-a834-4822-bb47-72abad377511","block_type":"box","text":"a","page_number":1,"box":{"x":908,"y":970,"width":5,"height":4}},{"id":"c2bc3c5e-6876-419e-8ded-f8b97f341fe2","block_type":"box","text":"g","page_number":1,"box":{"x":913,"y":970,"width":6,"height":5}},{"id":"65d599d9-7410-48a4-8d38-1eeaba89431c","block_type":"box","text":"e","page_number":1,"box":{"x":919,"y":970,"width":5,"height":4}},{"id":"60e73f6d-2ccf-4682-8f7f-0f32e09a03fb","block_type":"box","text":"1","page_number":1,"box":{"x":927,"y":968,"width":2,"height":6}},{"id":"cad8b131-a8e3-4802-b86f-56c1b8752057","block_type":"box","text":"of","page_number":1,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"ab5fff7d-cc10-4400-82d0-f263eefcb1cf","block_type":"box","text":"5","page_number":1,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"578db5ed-4428-481b-b187-ab7cdda2fe5a","block_type":"box","text":"Glossary","page_number":2,"box":{"x":51,"y":57,"width":129,"height":19}},{"id":"41ac1148-3e2c-43b4-904a-3e1cf97b7e24","block_type":"box","text":"Sustainability data is as of the date identified in the report sections","page_number":2,"box":{"x":50,"y":92,"width":394,"height":9}},{"id":"1614d3b5-9b09-4453-b6b7-26dcbf5877c2","block_type":"box","text":"above, usually on a month lag. All metrics are reported in USD unless","page_number":2,"box":{"x":50,"y":105,"width":406,"height":9}},{"id":"c62f915d-ec9c-438d-9089-a26bf46b8bca","block_type":"box","text":"otherwise stated.","page_number":2,"box":{"x":50,"y":118,"width":102,"height":7}},{"id":"ebb7cf80-a993-49af-a7d9-be7a193db6fd","block_type":"box","text":"Data Treatments:","page_number":2,"box":{"x":51,"y":135,"width":111,"height":7}},{"id":"aa3b3212-262f-4df3-b35c-7ac26ffc1fdf","block_type":"box","text":"State Street applies the data treatments where appli","page_number":2,"box":{"x":168,"y":135,"width":310,"height":9}},{"id":"29386354-3e99-4ab6-884a-428ab38ea028","block_type":"box","text":"cable to Sustainability Metrics. To review the data treatments and the","page_number":2,"box":{"x":50,"y":148,"width":413,"height":9}},{"id":"6b4e5639-0a18-41fb-940f-14824060decd","block_type":"box","text":"metrics they are applied to please see the data treatments table below.","page_number":2,"box":{"x":51,"y":161,"width":419,"height":9}},{"id":"e1f1700d-6069-4fc6-912f-252d37abe8e7","block_type":"box","text":"ESG Score/ESG Rating - MSCI:","page_number":2,"box":{"x":51,"y":178,"width":194,"height":9}},{"id":"c5ebe741-c081-41c5-b670-2c386e1744b4","block_type":"box","text":"Provide an opinion of sovereign and","page_number":2,"box":{"x":249,"y":178,"width":210,"height":9}},{"id":"49908b6a-92ac-43eb-9044-d44ddf0e6dbc","block_type":"box","text":"sub-sovereign entities’ exposure to and management of ESG risks. MSCI","page_number":2,"box":{"x":50,"y":191,"width":429,"height":9}},{"id":"9d96616f-c5ae-429b-aa6e-90bda29698fb","block_type":"box","text":"ESG Research defines ESG risks to sovereign or sub sovereign entities","page_number":2,"box":{"x":51,"y":204,"width":417,"height":9}},{"id":"c93c4b2b-7010-4670-b7ea-c922d35017e3","block_type":"box","text":"as environmental, social, or governance-related issues that could impact","page_number":2,"box":{"x":50,"y":217,"width":430,"height":9}},{"id":"1805bfaf-18ae-4326-9f84-500c28cf0280","block_type":"box","text":"the long-term sustainability of their economies. MSCI ESG Government","page_number":2,"box":{"x":50,"y":230,"width":423,"height":9}},{"id":"2260a5a1-4b58-40d1-902d-66e595de4f38","block_type":"box","text":"Ratings are determined for countries, local authorities, and supranational","page_number":2,"box":{"x":51,"y":243,"width":431,"height":8}},{"id":"b3849a6a-b07f-4590-8b71-65ee02ca04ec","block_type":"box","text":"administrative bodies and are relative to a global peer set. Each rating","page_number":2,"box":{"x":50,"y":256,"width":413,"height":8}},{"id":"1bcb10c2-7cf3-4d81-8129-134470dea6d4","block_type":"box","text":"takes into consideration measures of environmental risk and manage","page_number":2,"box":{"x":50,"y":268,"width":410,"height":9}},{"id":"10a5bc85-e8db-45c5-aa2b-763aab6f622c","block_type":"box","text":"ment, knowledge and social capital, and the strength of financial, judicial,","page_number":2,"box":{"x":51,"y":281,"width":428,"height":9}},{"id":"fcd7097b-675a-46f8-9aa2-0ecb55ea248b","block_type":"box","text":"and political systems. ESG Government Scores are calculated for all","page_number":2,"box":{"x":50,"y":294,"width":404,"height":9}},{"id":"ec01e56b-07c0-4420-aaff-d4d17e06b716","block_type":"box","text":"countries and then converted into a letter rating. The AAA rating rep","page_number":2,"box":{"x":50,"y":307,"width":405,"height":9}},{"id":"fafb45b0-1fed-4b73-b637-d3f5817381d6","block_type":"box","text":"resents the highest ESG Rating (i.e., lower ESG risk exposure and stron","page_number":2,"box":{"x":51,"y":319,"width":416,"height":9}},{"id":"d234b59b-5994-417d-8033-a48b4f8ce345","block_type":"box","text":"ger risk management) whereas the CCC rating represents the lowest","page_number":2,"box":{"x":50,"y":332,"width":408,"height":9}},{"id":"0f2b9c0d-54b4-4115-a9d5-6c504d9f67b5","block_type":"box","text":"ESG Rating (i.e., higher ESG risk exposure and weaker risk management).","page_number":2,"box":{"x":51,"y":345,"width":432,"height":9}},{"id":"68712849-a9a7-4814-81f3-14420e803c4b","block_type":"box","text":"ESG Ratings Distribution - MSCI","page_number":2,"box":{"x":51,"y":363,"width":203,"height":9}},{"id":"bb739466-3a65-4c5a-bfb4-f3ba1045b7ae","block_type":"box","text":"ESG Leaders: Rated AAA or AA:","page_number":2,"box":{"x":78,"y":380,"width":203,"height":7}},{"id":"6c2d8912-ffdb-4279-8ec2-b724f9571f46","block_type":"box","text":"Issuers(sovereign) that have","page_number":2,"box":{"x":285,"y":380,"width":167,"height":9}},{"id":"b2555933-3652-4127-a5f7-a718e0a31189","block_type":"box","text":"strong management of financially relevant environmental, social and","page_number":2,"box":{"x":77,"y":393,"width":404,"height":9}},{"id":"37a15fee-c114-4ae2-8a4a-2559b741e7db","block_type":"box","text":"AA governance issues.","page_number":2,"box":{"x":77,"y":406,"width":135,"height":9}},{"id":"1de631cd-d4d6-4202-8ede-a38f51549501","block_type":"box","text":"ESG Average: Rated A, BBB or BB:","page_number":2,"box":{"x":78,"y":424,"width":217,"height":8}},{"id":"84a4f5c0-e5bb-49e4-af76-45bfac45034c","block_type":"box","text":"Issuers(sovereign) that have","page_number":2,"box":{"x":299,"y":423,"width":166,"height":9}},{"id":"c853e9f9-2bdc-4e24-ac2b-888a6a74c951","block_type":"box","text":"average management of ESG issues.","page_number":2,"box":{"x":77,"y":436,"width":217,"height":9}},{"id":"41a20939-3588-41dd-8d30-0b6ad23612fc","block_type":"box","text":"ESG Laggards: Rated B or CCC:","page_number":2,"box":{"x":78,"y":454,"width":199,"height":9}},{"id":"54b9d925-6fac-4e5e-9f63-36d5e88b5c2d","block_type":"box","text":"Issuers(sovereign) that do not","page_number":2,"box":{"x":282,"y":454,"width":175,"height":9}},{"id":"e81d4450-d0ee-42e0-b8b4-dcc052cac47c","block_type":"box","text":"demonstrate adequate management of the financially relevant ESG","page_number":2,"box":{"x":77,"y":467,"width":400,"height":9}},{"id":"5a854a12-5e5a-471f-965c-e6534cfcaf23","block_type":"box","text":"risks that they face.","page_number":2,"box":{"x":78,"y":480,"width":114,"height":8}},{"id":"3bb478dc-077a-4092-bd35-60bb00458a91","block_type":"box","text":"ESG Not Covered:","page_number":2,"box":{"x":78,"y":497,"width":113,"height":7}},{"id":"61d9507b-9f92-491d-8715-9e2834472cb7","block_type":"box","text":"Issuers(sovereign) which have not been evaluat","page_number":2,"box":{"x":195,"y":497,"width":280,"height":9}},{"id":"b136e3f5-e17c-49c2-ab77-6b1ae7e41389","block_type":"box","text":"ed for ESG sustainability risks.","page_number":2,"box":{"x":77,"y":510,"width":179,"height":9}},{"id":"e6e3d772-6ed9-4c8c-b163-02610e8ccc81","block_type":"box","text":"Green Bonds – CBI:","page_number":2,"box":{"x":50,"y":528,"width":123,"height":7}},{"id":"b7625ce7-a6ac-4e54-b9af-b07bba3184a4","block_type":"box","text":"Market Value of Securities with Green Bonds as","page_number":2,"box":{"x":177,"y":528,"width":281,"height":7}},{"id":"c7569625-e587-4c2e-85eb-ddbeeb344deb","block_type":"box","text":"a Percentage of the Total Market Value of all Securities in the Portfolio.","page_number":2,"box":{"x":50,"y":540,"width":416,"height":9}},{"id":"c4745f49-d45e-4f77-bd25-5e9a01963ccb","block_type":"box","text":"Bonds are identified as green if they meet the criteria for Climate Bonds","page_number":2,"box":{"x":51,"y":553,"width":423,"height":9}},{"id":"a3656f20-e5d9-4bfa-81c1-c3cdcfab8f27","block_type":"box","text":"Initiative’s (CBI) green labelled database. For more information on the","page_number":2,"box":{"x":51,"y":566,"width":408,"height":9}},{"id":"78a78a32-8dc2-4b4f-85bb-89b74ec8cf19","block_type":"box","text":"Green Bond Database methodology, please visit","page_number":2,"box":{"x":50,"y":579,"width":286,"height":9}},{"id":"412f4183-c088-4b35-be63-cce7aa84c60d","block_type":"box","text":"https://www.climate","page_number":2,"box":{"x":340,"y":579,"width":116,"height":9}},{"id":"ea3da57e-63a8-4ce4-9c08-ae97e6e5bbae","block_type":"box","text":"bonds.net/data-insights/market-data/green-bond-dataset-methodology","page_number":2,"box":{"x":51,"y":592,"width":431,"height":9}},{"id":"1b4f607d-3acc-4d97-ac43-13eeb9f2c7e0","block_type":"box","text":"Adverse Sustainability Indicators(Weighted Average) - MSCI","page_number":2,"box":{"x":50,"y":609,"width":387,"height":9}},{"id":"d1c95ff9-493b-4ba3-bcb0-15bcfab0bab1","block_type":"box","text":"Average Income Inequality Score(Weighted):","page_number":2,"box":{"x":77,"y":627,"width":286,"height":9}},{"id":"465718e9-6be2-44ba-8236-7f89b4f4b1aa","block_type":"box","text":"measures the","page_number":2,"box":{"x":367,"y":627,"width":80,"height":7}},{"id":"500385f4-24a7-48c4-beda-7fda3af443e9","block_type":"box","text":"extent to which the distribution of income (or, in some cases, con","page_number":2,"box":{"x":77,"y":640,"width":382,"height":8}},{"id":"44f50a24-85e5-4ed9-b965-ddb6cc32cf99","block_type":"box","text":"sumption expenditure) among individuals or households within an","page_number":2,"box":{"x":77,"y":652,"width":388,"height":9}},{"id":"30dbd800-c192-411d-80d2-86764811a3e4","block_type":"box","text":"economy deviates from a perfectly equal distribution.","page_number":2,"box":{"x":77,"y":665,"width":317,"height":9}},{"id":"e237c47f-ba29-4349-9958-1d083cf76e56","block_type":"box","text":"Average Corruption Score(Weighted):","page_number":2,"box":{"x":77,"y":683,"width":242,"height":9}},{"id":"af0355f3-3cd0-437c-999b-67ab2c3d040b","block_type":"box","text":"Perceptions of public-sec","page_number":2,"box":{"x":324,"y":683,"width":151,"height":9}},{"id":"3759de99-9595-48dc-a59a-aa149668a972","block_type":"box","text":"tor corruption, including bribery, diversion of public funds, use of","page_number":2,"box":{"x":77,"y":696,"width":381,"height":9}},{"id":"4a8d60cd-14c3-41df-ae7c-2fd0ddad379e","block_type":"box","text":"public office for private gain, nepotism in the civil service, state","page_number":2,"box":{"x":78,"y":709,"width":369,"height":8}},{"id":"2678da4a-6287-4dbb-857b-33ee13a6ab43","block_type":"box","text":"capture and mechanisms available to prevent corruption.","page_number":2,"box":{"x":77,"y":722,"width":339,"height":8}},{"id":"08e4f922-278e-4022-afc8-d7b058b4a4c6","block_type":"box","text":"Average Rule of Law Score(Weighted):","page_number":2,"box":{"x":77,"y":739,"width":245,"height":9}},{"id":"30aac3a3-c83e-45e9-b86a-9ab54f63eb15","block_type":"box","text":"measures the strength","page_number":2,"box":{"x":326,"y":739,"width":133,"height":9}},{"id":"56adb20d-d2a8-4601-955b-d470f6555984","block_type":"box","text":"and predictability of a country’s legal system and institutions. As","page_number":2,"box":{"x":77,"y":752,"width":379,"height":9}},{"id":"f0b0bba9-3f4f-4299-9e3b-d2dcfbc65ad0","block_type":"box","text":"sesses factors like: Protection of property rights, Contract enforce","page_number":2,"box":{"x":77,"y":765,"width":392,"height":8}},{"id":"ec095029-f1bf-4ce9-bd37-efae24e673a1","block_type":"box","text":"ment, Absence of corruption, Public safety and security.","page_number":2,"box":{"x":78,"y":778,"width":331,"height":8}},{"id":"e6535c71-dfea-4d6a-bafa-cd4128022a7e","block_type":"box","text":"Average Freedom of Expression Score(Weighted):","page_number":2,"box":{"x":77,"y":795,"width":319,"height":9}},{"id":"8ae64fe5-f664-4ee3-bcee-f9279e037a74","block_type":"box","text":"assesses","page_number":2,"box":{"x":399,"y":797,"width":55,"height":5}},{"id":"ca844980-a5f3-468c-be39-2d1f6eb60c12","block_type":"box","text":"the extent to which countries and their citizens enjoy freedom of","page_number":2,"box":{"x":77,"y":808,"width":381,"height":9}},{"id":"05cbc524-861a-4c37-9a6b-1be312f2d7a2","block_type":"box","text":"expression. It evaluates the protection and promotion of fundamen","page_number":2,"box":{"x":77,"y":821,"width":395,"height":8}},{"id":"f596f24b-6a30-44fc-8ce8-6323b0a26a29","block_type":"box","text":"tal freedoms, including freedom of speech, press, assembly, and","page_number":2,"box":{"x":77,"y":834,"width":379,"height":8}},{"id":"b1341996-7188-4cb6-88d3-f988ac5195c4","block_type":"box","text":"association.","page_number":2,"box":{"x":77,"y":847,"width":70,"height":6}},{"id":"106d77cb-5d5c-4f5c-8fe5-a8388d7d2af3","block_type":"box","text":"Average Political Stability Score(Weighted):","page_number":2,"box":{"x":77,"y":864,"width":280,"height":9}},{"id":"80c57d2f-0a2b-4b51-9695-7b3c210e1cb1","block_type":"box","text":"assesses the poten","page_number":2,"box":{"x":361,"y":864,"width":114,"height":9}},{"id":"e42821f5-4926-4be5-a755-26de12507c10","block_type":"box","text":"tial adverse impacts of investment decisions on sustainability fac","page_number":2,"box":{"x":77,"y":877,"width":385,"height":8}},{"id":"5e905671-17c8-47af-8180-d5a2fcaa5934","block_type":"box","text":"tors. Analyzes various factors related to political stability, including","page_number":2,"box":{"x":77,"y":890,"width":393,"height":8}},{"id":"d3d75603-e104-4ba8-bbbf-5f3845e11b62","block_type":"box","text":"government stability, internal conflict, and external conflict.","page_number":2,"box":{"x":77,"y":902,"width":350,"height":9}},{"id":"28310e80-fcde-48a8-b8ef-9a3e48c479ee","block_type":"box","text":"Sovereign - Weighted Average Carbon Intensity - MSCI:","page_number":2,"box":{"x":50,"y":920,"width":355,"height":9}},{"id":"990e0632-684e-48f4-8458-2e30d32afc43","block_type":"box","text":"Weighted","page_number":2,"box":{"x":409,"y":920,"width":56,"height":9}},{"id":"b7f25020-2a69-4a1f-80ad-9efef04ed3cb","block_type":"box","text":"Average Carbon Intensity (WACI) evaluates a portfolio’s relative expo","page_number":2,"box":{"x":515,"y":92,"width":409,"height":9}},{"id":"d3cc8060-32ed-44d5-aec2-38c90325abea","block_type":"box","text":"sure to carbon intensive economies. Portfolio-weighted GHG emis","page_number":2,"box":{"x":515,"y":105,"width":393,"height":9}},{"id":"1a65275d-e67f-4af8-8e12-0dd3cee1e0e1","block_type":"box","text":"sions per sovereign GDP. (PPP GDP (PPP-adjusted GDP of the country","page_number":2,"box":{"x":515,"y":117,"width":418,"height":9}},{"id":"eabdee53-50c2-468b-b903-2e2948f13e6c","block_type":"box","text":"expressed in millions of US dollars.)","page_number":2,"box":{"x":515,"y":130,"width":209,"height":9}},{"id":"43b13f98-5475-46cc-9ba5-5161223af22c","block_type":"box","text":"Scope 1 (exclude LULUCF) – MSCI:","page_number":2,"box":{"x":542,"y":148,"width":218,"height":9}},{"id":"12233fda-c0b2-4539-a621-b33a8f2c945a","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":766,"y":148,"width":180,"height":9}},{"id":"90c3287d-ec61-4411-84fa-ec8bde91a08f","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":161,"width":401,"height":9}},{"id":"e15f915a-8e52-421c-b66f-c26f4b03b701","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":174,"width":406,"height":8}},{"id":"2fbb492a-5c3b-41d0-9d98-d6d3515c92a9","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located with","page_number":2,"box":{"x":542,"y":187,"width":400,"height":7}},{"id":"2ca883c6-14ba-46b1-8043-a6015cce9a0d","block_type":"box","text":"in the country/territory. Values exclude land use, land-use change","page_number":2,"box":{"x":542,"y":199,"width":387,"height":9}},{"id":"80cd3f74-4fc2-4eb9-ac75-9b605fd9601c","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":212,"width":138,"height":9}},{"id":"1a4814fb-9ddb-4684-9a43-be2ea4b99299","block_type":"box","text":"Scope 1 (include LULUCF) – MSCI:","page_number":2,"box":{"x":542,"y":230,"width":215,"height":8}},{"id":"d155eb0e-ecbe-4d90-b28a-4b2cc09a4331","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":761,"y":230,"width":179,"height":8}},{"id":"02a28b26-ff7d-44c0-9347-a305695bd19c","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":242,"width":401,"height":9}},{"id":"bccfaf10-79b8-40d7-9a0a-a46392277a2d","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":255,"width":406,"height":9}},{"id":"835f57c8-46ad-4fda-806f-43d121936f12","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located","page_number":2,"box":{"x":542,"y":268,"width":373,"height":7}},{"id":"ac2bb833-9fb7-426e-937f-f6bfb675b82b","block_type":"box","text":"within the country territory. Values include land use, land-use change","page_number":2,"box":{"x":542,"y":281,"width":407,"height":9}},{"id":"4214524f-c9c0-4b4f-903a-eaf86c7b418a","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":294,"width":138,"height":9}},{"id":"b5034584-752e-4b21-b216-b47a1f744bd7","block_type":"box","text":"Consumption (Scope 1 exclude LULUCF + scope 2+3 - exported","page_number":2,"box":{"x":542,"y":311,"width":402,"height":9}},{"id":"f295d188-aa94-4cf0-b124-f396a43c3618","block_type":"box","text":"emissions) – MSCI:","page_number":2,"box":{"x":542,"y":324,"width":119,"height":8}},{"id":"5c64e4d9-51a5-4ed7-9e1c-3f0d63e03595","block_type":"box","text":"The estimated consumption emissions for the","page_number":2,"box":{"x":665,"y":324,"width":272,"height":9}},{"id":"b93984d0-979f-483c-80ce-b011df9f47e6","block_type":"box","text":"country/territory (if available), in tons of CO2 equivalent per year","page_number":2,"box":{"x":542,"y":337,"width":382,"height":9}},{"id":"55f18ba9-b3ac-40bf-9aec-ab94c53b435b","block_type":"box","text":"(tCO2e/yr). MSCI ESG Research calculates consumption emissions","page_number":2,"box":{"x":542,"y":350,"width":401,"height":9}},{"id":"cb6e2dd0-b785-4d64-91a5-2a4cc2b15820","block_type":"box","text":"based on Scope 1 emissions excl. LULUCF plus Scope 2 and Scope","page_number":2,"box":{"x":542,"y":363,"width":397,"height":8}},{"id":"0c148de7-9dce-44d6-ad37-c5ac0fd6d1de","block_type":"box","text":"3 emissions minus exported emissions.","page_number":2,"box":{"x":542,"y":376,"width":231,"height":8}},{"id":"33572654-1eeb-4323-8d33-c1299d9552b4","block_type":"box","text":"Total Carbon Emissions – MSCI:","page_number":2,"box":{"x":515,"y":393,"width":202,"height":7}},{"id":"5d76438f-c206-475f-9d52-4749cf62597b","block_type":"box","text":"Total carbon emissions includes all","page_number":2,"box":{"x":723,"y":393,"width":206,"height":7}},{"id":"884d3192-5508-4ea4-a050-35affad49f49","block_type":"box","text":"greenhouse gas emissions produced within a country’s borders from all","page_number":2,"box":{"x":515,"y":406,"width":421,"height":9}},{"id":"1a0ec01c-fa02-41db-a798-12fad2f10dd0","block_type":"box","text":"sources, including energy production, industry, agriculture, and trans","page_number":2,"box":{"x":515,"y":419,"width":405,"height":9}},{"id":"a538b434-219b-40f2-bb81-435fe99dd1b6","block_type":"box","text":"portation apportioned by","page_number":2,"box":{"x":515,"y":432,"width":150,"height":8}},{"id":"326935a9-aa92-4e1b-bae1-c3fa8cffccfd","block_type":"box","text":"PPP GDP","page_number":2,"box":{"x":668,"y":432,"width":58,"height":7}},{"id":"2f7ba0f8-6670-4b25-82a8-d365f32b1e36","block_type":"box","text":"(PPP-adjusted GDP of the country","page_number":2,"box":{"x":729,"y":431,"width":203,"height":9}},{"id":"22b991c1-3ed3-4de5-aafd-be2d5b13cdd6","block_type":"box","text":"expressed in millions of US dollar).","page_number":2,"box":{"x":515,"y":444,"width":202,"height":9}},{"id":"e8cdcf9a-86fb-41cf-a664-1f372cb8702f","block_type":"box","text":"Scope 1 (excluding LULUCF) MSCI:","page_number":2,"box":{"x":542,"y":462,"width":220,"height":9}},{"id":"29c3b124-2e1d-4b80-a803-af4908917222","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":765,"y":462,"width":180,"height":9}},{"id":"c44ed2c9-95ce-4148-b164-85eee02f9ae6","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":475,"width":401,"height":9}},{"id":"866220bc-9a87-4d68-b177-dc07bdcf372d","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":488,"width":406,"height":8}},{"id":"50f6c83c-e589-40d1-8f46-0025bfd56fcf","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located with","page_number":2,"box":{"x":542,"y":501,"width":400,"height":7}},{"id":"1d1fc6c9-e224-4279-95c1-d07f204c4572","block_type":"box","text":"in the country/territory. Values exclude land use, land-use change","page_number":2,"box":{"x":542,"y":513,"width":387,"height":9}},{"id":"32473330-6d89-469f-aa2e-93bf6f80f56b","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":526,"width":138,"height":9}},{"id":"b8db7b33-9ff8-4e9e-9299-5c38595670ec","block_type":"box","text":"Scope 1 (including LULUCF) MSCI:","page_number":2,"box":{"x":542,"y":544,"width":217,"height":9}},{"id":"6fc481f9-0db9-4bee-8bc8-22527c81c33f","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":762,"y":544,"width":180,"height":8}},{"id":"3e65445d-da58-4474-8560-c5c37904fe1a","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":556,"width":401,"height":9}},{"id":"c798b6d4-3b6a-499c-abca-5c9bd34761f0","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":569,"width":406,"height":9}},{"id":"aba00824-dca2-42f2-bbaf-54031e2d88f8","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located","page_number":2,"box":{"x":542,"y":582,"width":373,"height":7}},{"id":"d42c35ec-8d4b-44b0-b08c-86da239fd0f4","block_type":"box","text":"within the country territory. Values include land use, land-use change","page_number":2,"box":{"x":542,"y":595,"width":407,"height":9}},{"id":"6ca795c5-59f5-4f65-9906-5ef56f5d1273","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":608,"width":138,"height":9}},{"id":"1fb09cb0-92e4-4093-a498-507d232a079b","block_type":"box","text":"Consumption (Scope 1 exclude LULUCF + scope 2+3 - exported","page_number":2,"box":{"x":542,"y":625,"width":402,"height":9}},{"id":"b52091d1-ad86-4909-8b1b-809641d66ac6","block_type":"box","text":"emissions) – MSCI:","page_number":2,"box":{"x":542,"y":638,"width":119,"height":8}},{"id":"32d6b75c-8570-4b82-8880-8bb86a44b019","block_type":"box","text":"The estimated consumption emissions for the","page_number":2,"box":{"x":665,"y":638,"width":272,"height":9}},{"id":"50852e0b-6354-43a4-8c91-e0da0e073a5b","block_type":"box","text":"country/territory (if available), in tons of CO2 equivalent per year","page_number":2,"box":{"x":542,"y":651,"width":382,"height":9}},{"id":"bbc8ae0f-d6a5-4123-9761-1ae4f83757cf","block_type":"box","text":"(tCO2e/yr). MSCI ESG Research calculates consumption emissions","page_number":2,"box":{"x":542,"y":664,"width":401,"height":9}},{"id":"bc08c35a-5db0-4b13-b2e8-cb5263f37c15","block_type":"box","text":"based on Scope 1 emissions excl. LULUCF plus Scope 2 and Scope","page_number":2,"box":{"x":542,"y":677,"width":397,"height":8}},{"id":"fe011bdb-d29e-4fbd-adc4-1240c1f8b83f","block_type":"box","text":"3 emissions minus exported emissions.","page_number":2,"box":{"x":542,"y":690,"width":231,"height":8}},{"id":"0b0a2eb4-9278-40f6-87be-8ac39c242af7","block_type":"box","text":"Government Freedom Status MSCI:","page_number":2,"box":{"x":515,"y":707,"width":226,"height":7}},{"id":"c4f27b61-bc4a-4212-a84e-a5a638ad4a55","block_type":"box","text":"Free:","page_number":2,"box":{"x":542,"y":725,"width":31,"height":7}},{"id":"25162707-9926-4d99-9196-95557dce767b","block_type":"box","text":"Countries with strong political rights and civil liberties.","page_number":2,"box":{"x":577,"y":725,"width":318,"height":9}},{"id":"fe80b9f4-6653-48a4-b31a-570afd7ff27d","block_type":"box","text":"Partially Free:","page_number":2,"box":{"x":542,"y":742,"width":88,"height":9}},{"id":"1d520435-cdcb-418b-b581-bab349bee5fe","block_type":"box","text":"Countries where some political rights and civil liber","page_number":2,"box":{"x":634,"y":742,"width":301,"height":9}},{"id":"bd46dec8-1ac7-41a6-8511-8d56e8cb3467","block_type":"box","text":"ties are present, but there are challenges and limitations.","page_number":2,"box":{"x":542,"y":755,"width":334,"height":9}},{"id":"ce9dc754-813c-4fcc-8112-3bfa93c974ed","block_type":"box","text":"Not Free:","page_number":2,"box":{"x":542,"y":773,"width":57,"height":7}},{"id":"b008bb72-a025-4e77-be43-6cab96fddcd0","block_type":"box","text":"Countries where political rights and civil liberties are","page_number":2,"box":{"x":603,"y":773,"width":308,"height":9}},{"id":"b89d27d0-a470-42ae-b411-4d7fca4c89cc","block_type":"box","text":"largely absent.","page_number":2,"box":{"x":542,"y":786,"width":86,"height":8}},{"id":"1bf03f5b-2973-4814-a225-36cb920db384","block_type":"box","text":"No Data:","page_number":2,"box":{"x":542,"y":803,"width":54,"height":7}},{"id":"569678ad-527a-420b-8c3c-02705a63d05f","block_type":"box","text":"No data available to evaluate a country’s government","page_number":2,"box":{"x":600,"y":803,"width":314,"height":9}},{"id":"7951b0ba-19b2-43b7-9834-41af5d57d907","block_type":"box","text":"based on political rights and civil liberties.","page_number":2,"box":{"x":542,"y":816,"width":245,"height":9}},{"id":"f2869384-5816-4469-abe6-f8a56048d690","block_type":"box","text":"Report ID: 5081844.1","page_number":2,"box":{"x":362,"y":968,"width":114,"height":9}},{"id":"60d25ebd-93d8-4d9f-a509-1cf144ca692c","block_type":"box","text":"Published: 18 Nov 2025","page_number":2,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"f8c1decc-b033-4682-a564-bc5ea21ff8f5","block_type":"box","text":"P","page_number":2,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"2a23e626-c0a6-489d-952b-c4804dd2f979","block_type":"box","text":"a","page_number":2,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"91bfe5c6-70d2-4293-a9db-2e008e83b0e2","block_type":"box","text":"g","page_number":2,"box":{"x":911,"y":970,"width":5,"height":5}},{"id":"208bd131-63c8-4491-9491-98bb70e0b1ca","block_type":"box","text":"e","page_number":2,"box":{"x":916,"y":970,"width":6,"height":4}},{"id":"039853d9-96b3-40b5-8938-9bdc89d45321","block_type":"box","text":"2","page_number":2,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"08403e58-41f2-4485-8779-21070bf1c05f","block_type":"box","text":"of","page_number":2,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"7a7ed94b-f42a-4536-8500-5d213c737015","block_type":"box","text":"5","page_number":2,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"9ca94797-2b18-4514-8368-120844fa05f8","block_type":"box","text":"Sustainability Sovereign Bond Portfolio Characteristics","page_number":3,"box":{"x":50,"y":44,"width":441,"height":11}},{"id":"f34a4b19-0c16-417b-9f22-19ca07683983","block_type":"box","text":"Data Treatments:","page_number":3,"box":{"x":51,"y":81,"width":92,"height":6}},{"id":"5027d2c4-1815-4597-8149-96618372e86b","block_type":"box","text":"1. Exclusions - Exclude positions for specific security types that are not expected to have a score / rating. (Cash*, Cash Equivalents**, Derivatives, Rights and Warrants)","page_number":3,"box":{"x":50,"y":96,"width":821,"height":8}},{"id":"d856e776-0208-4a81-871b-1549f71551be","block_type":"box","text":"2. Exclude securities without a value for a particular metric.","page_number":3,"box":{"x":50,"y":112,"width":291,"height":7}},{"id":"bee1b34d-8d18-40f5-9c23-fecfec1202ba","block_type":"box","text":"3. Rebalance the position weights of covered securities.","page_number":3,"box":{"x":50,"y":128,"width":274,"height":7}},{"id":"7160c80a-e642-4808-b069-0ba343895db3","block_type":"box","text":"Attributes","page_number":3,"box":{"x":50,"y":162,"width":55,"height":6}},{"id":"236dbea2-018f-4fbe-8289-070684c513f1","block_type":"box","text":"Exclusions","page_number":3,"box":{"x":345,"y":162,"width":56,"height":6}},{"id":"fca1ad10-2ac8-47c0-add9-4554dcf8edfa","block_type":"box","text":"Additional Exclusions","page_number":3,"box":{"x":569,"y":162,"width":115,"height":6}},{"id":"3deb1cd5-ce39-41a7-ade3-6ce0741029ca","block_type":"box","text":"Missing Data Treatment","page_number":3,"box":{"x":767,"y":162,"width":127,"height":8}},{"id":"3a0d72e0-c8f4-4586-a049-320409b69b4f","block_type":"box","text":"MSCI ESG Score","page_number":3,"box":{"x":51,"y":178,"width":83,"height":6}},{"id":"c6a67637-c88b-4ce3-8826-131e664a6a32","block_type":"box","text":"1.Cash and Cash Equivalents*","page_number":3,"box":{"x":344,"y":224,"width":146,"height":7}},{"id":"7628ec7e-bcca-4db4-bb7f-dd512362cd11","block_type":"box","text":"2. Derivatives **","page_number":3,"box":{"x":344,"y":235,"width":79,"height":5}},{"id":"0792dfa9-8174-418c-8cc0-e5a128447513","block_type":"box","text":"3. Rights and Warrants","page_number":3,"box":{"x":344,"y":245,"width":112,"height":8}},{"id":"3ac7c906-dab9-4840-a30e-01675df631b4","block_type":"box","text":"4.Securities without a Score or Rating","page_number":3,"box":{"x":344,"y":256,"width":186,"height":7}},{"id":"38eb8417-d62b-4c67-b531-22d9ea893dcf","block_type":"box","text":"N/A","page_number":3,"box":{"x":569,"y":240,"width":19,"height":6}},{"id":"3545c8ae-2047-498a-bef3-d5dafcd09074","block_type":"box","text":"N/A","page_number":3,"box":{"x":767,"y":240,"width":19,"height":6}},{"id":"ae484df9-f43f-4109-b5c5-f0be3fbd24e6","block_type":"box","text":"MSCI ESG Rating","page_number":3,"box":{"x":51,"y":194,"width":86,"height":7}},{"id":"2357adf3-43b4-4c68-b685-822df78fb83d","block_type":"box","text":"MSCI Weighted Average Carbon Intensity","page_number":3,"box":{"x":51,"y":209,"width":206,"height":7}},{"id":"ff504537-f48d-4c83-ae23-23700f94739d","block_type":"box","text":"MSCI Carbon Emissions","page_number":3,"box":{"x":51,"y":224,"width":119,"height":6}},{"id":"739acdc1-1318-41ff-b2da-a2ae6450d1c9","block_type":"box","text":"MSCI Average Income Inequality Score(Weighted)","page_number":3,"box":{"x":51,"y":240,"width":248,"height":7}},{"id":"b08ed7a4-67be-4bc3-86ee-2fa3cec956c4","block_type":"box","text":"MSCI Average Freedom of Expression Score(Weighted)","page_number":3,"box":{"x":51,"y":255,"width":275,"height":8}},{"id":"851a5f35-aff6-4bb5-835e-7990f9d417a4","block_type":"box","text":"MSCI Average Corruption Score(Weighted)","page_number":3,"box":{"x":51,"y":271,"width":214,"height":7}},{"id":"d26652c2-e9f0-4bc2-bedd-6145d31b3316","block_type":"box","text":"MSCI Average Political Stability Score(Weighted)","page_number":3,"box":{"x":51,"y":286,"width":242,"height":8}},{"id":"30334a0f-b61b-4d73-8c96-a492d024d6bf","block_type":"box","text":"Average Rule of Law Score(Weighted)","page_number":3,"box":{"x":50,"y":302,"width":188,"height":7}},{"id":"396eec22-5073-4536-bd10-ed4c63b1baae","block_type":"box","text":"MSCI ESG Ratings Distribution","page_number":3,"box":{"x":51,"y":317,"width":151,"height":7}},{"id":"e47fa456-3a8f-4164-80ff-754b49674828","block_type":"box","text":"1. Cash and Cash Equivalents *","page_number":3,"box":{"x":344,"y":330,"width":151,"height":7}},{"id":"aa8ce73b-f948-405e-bf2e-248411afebbf","block_type":"box","text":"2. Derivatives **","page_number":3,"box":{"x":344,"y":340,"width":79,"height":6}},{"id":"937dbc3f-ba17-4c19-85b4-fbac6bbc4009","block_type":"box","text":"3. Rights and Warrants","page_number":3,"box":{"x":344,"y":351,"width":112,"height":7}},{"id":"b4f66c05-ad02-498c-a6f6-b067ae9cbc8f","block_type":"box","text":"N/A","page_number":3,"box":{"x":569,"y":340,"width":19,"height":7}},{"id":"370ef21c-4059-4422-bb33-70442ad70d8a","block_type":"box","text":"N/A","page_number":3,"box":{"x":767,"y":340,"width":19,"height":7}},{"id":"4f9f8e5f-9709-4c26-8564-b32a0c997d3f","block_type":"box","text":"Government Freedom Status","page_number":3,"box":{"x":50,"y":333,"width":145,"height":5}},{"id":"1307324e-2fb7-4858-9fff-95da68a61f93","block_type":"box","text":"CBI Green Bonds","page_number":3,"box":{"x":50,"y":348,"width":86,"height":6}},{"id":"7c88857a-688e-4b20-ba7b-7aa7aab100fc","block_type":"box","text":"Coverage for each ESG Attributes","page_number":3,"box":{"x":50,"y":363,"width":169,"height":8}},{"id":"5b6678e6-32db-411d-8148-09d83638c2d0","block_type":"box","text":"* Cash and Cash Equivalents: Cash, Cash Collateral, Money Market, Money Market Fund","page_number":3,"box":{"x":50,"y":379,"width":464,"height":7}},{"id":"e25bd1dd-7e67-4775-82b2-97f984c2e334","block_type":"box","text":"** Derivatives: Futures, Options, Swaps, Swaptions, Forwards","page_number":3,"box":{"x":50,"y":389,"width":324,"height":8}},{"id":"4b728fd9-2d8a-4d30-b026-2ed9300529a6","block_type":"box","text":"Report ID: 5081844.1","page_number":3,"box":{"x":362,"y":968,"width":114,"height":9}},{"id":"3575b91a-5ae7-48cc-955e-b45e8e88d089","block_type":"box","text":"Published: 18 Nov 2025","page_number":3,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"2c844344-d949-4042-8b76-285136816115","block_type":"box","text":"P","page_number":3,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"b567321d-4ba2-4286-b9be-cc3294e5950b","block_type":"box","text":"a","page_number":3,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"6b2cb0de-fa5d-407b-84b0-073995e4c549","block_type":"box","text":"g","page_number":3,"box":{"x":911,"y":970,"width":5,"height":5}},{"id":"334f9693-edc6-46da-a736-2e8ff692a2c9","block_type":"box","text":"e","page_number":3,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"68e3dc28-a78c-421a-be8a-6780ec8b7267","block_type":"box","text":"3","page_number":3,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"d520b7a3-7a24-41fd-b7fc-629e805a4877","block_type":"box","text":"of","page_number":3,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"debf6444-00ad-494b-8dce-56e2823111d3","block_type":"box","text":"5","page_number":3,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"a400d526-078a-4661-8b56-0eedbc8f4c11","block_type":"box","text":"Disclosures","page_number":4,"box":{"x":52,"y":58,"width":166,"height":15}},{"id":"bb6ec04b-d2b5-42e6-9272-be6e185919b0","block_type":"box","text":"State Street Global Advisors (SSGA) is now State Street Investment","page_number":4,"box":{"x":50,"y":92,"width":433,"height":8}},{"id":"dd78d41a-02b6-4297-a236-79b90b1caa33","block_type":"box","text":"Management. Please click here for more information.","page_number":4,"box":{"x":51,"y":105,"width":336,"height":9}},{"id":"1e1a1054-99d6-4e3f-b64c-66cff3977807","block_type":"box","text":"Marketing Communication","page_number":4,"box":{"x":51,"y":122,"width":170,"height":9}},{"id":"52aff6ff-a9aa-417e-ad31-75af9a2209e5","block_type":"box","text":"For institutional / professional investors use only.","page_number":4,"box":{"x":51,"y":140,"width":310,"height":9}},{"id":"537e1b39-0ccb-457e-be5a-2b6c8623bf10","block_type":"box","text":"The information presented above is intended to provide transparency","page_number":4,"box":{"x":50,"y":158,"width":414,"height":8}},{"id":"8434d34e-1316-4f41-9dde-92a0ce17a031","block_type":"box","text":"to investors around sustainability characteristics of the fund. Present","page_number":4,"box":{"x":50,"y":170,"width":408,"height":9}},{"id":"46801b05-c48f-438e-a34f-adb701fcab7b","block_type":"box","text":"ing this information should not be construed as a representation of the","page_number":4,"box":{"x":51,"y":183,"width":415,"height":9}},{"id":"615c1f71-32ce-4a54-864a-6e7f85027a86","block_type":"box","text":"fund’s current or future investment objective, nor should it be viewed as","page_number":4,"box":{"x":50,"y":196,"width":422,"height":9}},{"id":"98d159f8-d561-4973-9fa8-22248413fa27","block_type":"box","text":"an indicator of the fund manager’s current or future investment deci","page_number":4,"box":{"x":50,"y":209,"width":401,"height":9}},{"id":"858016f1-765d-4bd1-9ce8-26aa23d9c753","block_type":"box","text":"sion-making.","page_number":4,"box":{"x":50,"y":222,"width":76,"height":8}},{"id":"d4467d58-b5ac-40cb-be55-301b073698f2","block_type":"box","text":"Investing involves risk including the risk of loss of principal.","page_number":4,"box":{"x":51,"y":239,"width":344,"height":9}},{"id":"b9861fbe-60a2-458c-8e24-6c715fa69f51","block_type":"box","text":"The whole or any part of this work may not be reproduced, copied or","page_number":4,"box":{"x":50,"y":257,"width":405,"height":9}},{"id":"9b766315-6f7f-4c4c-9917-0f6a4df369fc","block_type":"box","text":"transmitted or any of its contents disclosed to third parties without SS","page_number":4,"box":{"x":50,"y":270,"width":414,"height":8}},{"id":"34772c23-3a26-44ef-acaf-b8cf50b946a3","block_type":"box","text":"GA’s express written consent.","page_number":4,"box":{"x":50,"y":283,"width":176,"height":8}},{"id":"1ed70f23-de20-4bae-9feb-12bc45db33af","block_type":"box","text":"All information is from SSGA unless otherwise noted and has been","page_number":4,"box":{"x":50,"y":300,"width":393,"height":7}},{"id":"b46554eb-7a9d-4856-8d82-5ee226e1864c","block_type":"box","text":"obtained from sources believed to be reliable, but its accuracy is not","page_number":4,"box":{"x":50,"y":313,"width":404,"height":9}},{"id":"a50c0521-653e-49de-b76c-3a39dc537930","block_type":"box","text":"guaranteed. There is no representation or warranty as to the current","page_number":4,"box":{"x":50,"y":326,"width":407,"height":9}},{"id":"f66af2e1-ac1b-4d55-b50b-50b7c9509c72","block_type":"box","text":"accuracy, reliability or completeness of, nor liability for, decisions based","page_number":4,"box":{"x":50,"y":339,"width":422,"height":8}},{"id":"d293286b-a755-42d3-a208-3d13c1d56f34","block_type":"box","text":"on such information and it should not be relied on as such.","page_number":4,"box":{"x":50,"y":351,"width":342,"height":7}},{"id":"61bb5f49-e0fb-4416-92c8-352ccb8dbd75","block_type":"box","text":"The information provided does not constitute investment advice as such","page_number":4,"box":{"x":50,"y":369,"width":430,"height":9}},{"id":"a22ffb8b-08cc-4b8f-ab6b-d388f7343d9e","block_type":"box","text":"term is defined under the Markets in Financial Instruments Directive","page_number":4,"box":{"x":50,"y":382,"width":402,"height":7}},{"id":"d7119707-db4c-4fd4-8dfa-d29b73b406f3","block_type":"box","text":"(2014/65/EU) or applicable Swiss regulation and it should not be relied on","page_number":4,"box":{"x":51,"y":394,"width":432,"height":9}},{"id":"3eec9e16-9556-4c5e-92e0-11c3541c9521","block_type":"box","text":"as such. It should not be considered a solicitation to buy or an offer to sell","page_number":4,"box":{"x":50,"y":407,"width":431,"height":9}},{"id":"c1018c29-9de7-4302-8410-124c74a0185b","block_type":"box","text":"any investment. It does not take into account any investor’s or potential","page_number":4,"box":{"x":50,"y":420,"width":421,"height":9}},{"id":"816682c1-15f3-483e-8a18-58db4b0a0ab9","block_type":"box","text":"investor’s particular investment objectives, strategies, tax status, risk ap","page_number":4,"box":{"x":51,"y":433,"width":425,"height":9}},{"id":"e58d9783-2e49-4ee7-b85f-8a6c29141305","block_type":"box","text":"petite or investment horizon. If you require investment advice you should","page_number":4,"box":{"x":51,"y":446,"width":428,"height":9}},{"id":"06bc3034-c32f-4ff5-8369-2837cc95eedb","block_type":"box","text":"consult your tax and financial or other professional advisor.","page_number":4,"box":{"x":50,"y":459,"width":349,"height":8}},{"id":"65828728-a0eb-4fab-9459-56d7f52eb870","block_type":"box","text":"The information contained in this communication is not a research","page_number":4,"box":{"x":50,"y":476,"width":422,"height":7}},{"id":"b3caf590-ac25-4f14-9729-21e05494ac7c","block_type":"box","text":"recommendation or ‘investment research’ and is classified as a","page_number":4,"box":{"x":51,"y":489,"width":399,"height":7}},{"id":"1e453e5f-248d-4031-8688-2846f91e340b","block_type":"box","text":"‘Marketing Communication’ in accordance with the applicable","page_number":4,"box":{"x":50,"y":502,"width":395,"height":9}},{"id":"89d7a1c1-c044-4720-adb0-72076ddc7d05","block_type":"box","text":"regional regulation. This means that this marketing communication","page_number":4,"box":{"x":51,"y":515,"width":426,"height":9}},{"id":"19e4c3c1-5dc2-4c05-b520-cf7ca321cc44","block_type":"box","text":"(a) has not been prepared in accordance with legal requirements","page_number":4,"box":{"x":51,"y":527,"width":411,"height":9}},{"id":"0fdf0703-54d9-4274-a041-b10587fd8728","block_type":"box","text":"designed to promote the independence of investment research (b)","page_number":4,"box":{"x":50,"y":540,"width":422,"height":9}},{"id":"735b8cf2-0742-4791-88f6-bac9a3953015","block_type":"box","text":"is not subject to any prohibition on dealing ahead of the dissemina","page_number":4,"box":{"x":51,"y":553,"width":418,"height":9}},{"id":"47111c92-e706-4bcc-813b-a65a6d666d3d","block_type":"box","text":"tion of investment research.","page_number":4,"box":{"x":50,"y":566,"width":178,"height":7}},{"id":"5ae4a761-2bad-4872-870d-08edbfed2166","block_type":"box","text":"This communication is directed at professional clients (this includes","page_number":4,"box":{"x":50,"y":584,"width":402,"height":8}},{"id":"391d0e2b-3372-4b87-9bd6-c47ebe31f675","block_type":"box","text":"eligible counterparties as defined by the appropriate EU regulator) who","page_number":4,"box":{"x":50,"y":596,"width":421,"height":9}},{"id":"2c46b629-6087-4595-9656-a31bb5eb5e4e","block_type":"box","text":"are deemed both knowledgeable and experienced in matters relating to","page_number":4,"box":{"x":50,"y":609,"width":425,"height":9}},{"id":"6367b850-44fe-4ef8-afc3-01370841b018","block_type":"box","text":"investments. The products and services to which this communication","page_number":4,"box":{"x":51,"y":622,"width":410,"height":9}},{"id":"4bfe580b-c33e-4205-8a80-6a8c515f2096","block_type":"box","text":"relates are only available to such persons and persons of any other de","page_number":4,"box":{"x":51,"y":635,"width":412,"height":9}},{"id":"528ba9e2-c0ed-48d5-aacb-b22d5715e32a","block_type":"box","text":"scription (including retail clients) should not rely on this communication.","page_number":4,"box":{"x":50,"y":648,"width":424,"height":9}},{"id":"745f3603-9f41-4614-bec8-91a19d330304","block_type":"box","text":"Bonds generally present less short-term risk and volatility than stocks,","page_number":4,"box":{"x":51,"y":666,"width":415,"height":8}},{"id":"182d0289-af39-4d9a-a078-ca3112b98407","block_type":"box","text":"but contain interest rate risk (as interest rates raise, bond prices usually","page_number":4,"box":{"x":51,"y":678,"width":422,"height":9}},{"id":"f98d0fe7-7345-41ae-8ad2-f87f78114d1d","block_type":"box","text":"fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk.","page_number":4,"box":{"x":50,"y":691,"width":418,"height":9}},{"id":"8df15544-baf7-47a1-bf20-652c36af478b","block_type":"box","text":"These effects are usually pronounced for longer-term securities. Any","page_number":4,"box":{"x":50,"y":704,"width":409,"height":9}},{"id":"f3def267-83b6-41c4-809b-199820d0c636","block_type":"box","text":"fixed income security sold or redeemed prior to maturity may be subject","page_number":4,"box":{"x":50,"y":717,"width":429,"height":8}},{"id":"d582b06a-3b2b-444e-9da6-d0ef7ac8b4ca","block_type":"box","text":"to a substantial gain or loss.","page_number":4,"box":{"x":50,"y":730,"width":163,"height":8}},{"id":"80da2c1b-1706-4576-83cd-3962da114f24","block_type":"box","text":"ETFs trade like stocks, are subject to investment risk, fluctuate in market","page_number":4,"box":{"x":51,"y":747,"width":429,"height":9}},{"id":"d81ce455-39a6-4c89-9c35-78f1bcd96856","block_type":"box","text":"value and may trade at prices above or below the ETFs net asset value.","page_number":4,"box":{"x":50,"y":760,"width":419,"height":9}},{"id":"307c9c2d-1a21-4147-ae58-c59b65b519e6","block_type":"box","text":"Brokerage commissions and ETF expenses will reduce returns.","page_number":4,"box":{"x":51,"y":773,"width":372,"height":9}},{"id":"c56c0ebe-2e38-4838-bac4-3de826731ba6","block_type":"box","text":"The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its","page_number":4,"box":{"x":50,"y":790,"width":415,"height":9}},{"id":"f8f43794-d836-4966-962c-27cd0a7c1c7d","block_type":"box","text":"affiliates (“S&P DJI”) and have been licensed for use by State Street","page_number":4,"box":{"x":50,"y":803,"width":400,"height":9}},{"id":"3825ee00-1cbc-4cce-9802-70e9210c51bc","block_type":"box","text":"Global Advisors. S&P®, SPDR®, S&P 500®,US 500 and the 500 are","page_number":4,"box":{"x":50,"y":816,"width":396,"height":8}},{"id":"27886af1-c957-47dc-accc-497ba46e20f9","block_type":"box","text":"trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow","page_number":4,"box":{"x":50,"y":829,"width":415,"height":8}},{"id":"a4dabcaf-105c-46d8-ba2b-a6f5fd4c9f3d","block_type":"box","text":"Jones® is a registered trademark of Dow Jones Trademark Holdings","page_number":4,"box":{"x":50,"y":842,"width":404,"height":8}},{"id":"f5c81136-1605-41cd-8ec5-233c625ca023","block_type":"box","text":"LLC (“Dow Jones”) and has been licensed for use by S&P Dow Jones","page_number":4,"box":{"x":51,"y":854,"width":407,"height":9}},{"id":"1a54e72a-95b3-4fbb-a958-d33a5ee56d80","block_type":"box","text":"Indices; and these trademarks have been licensed for use by S&P DJI","page_number":4,"box":{"x":51,"y":867,"width":409,"height":9}},{"id":"1c8c40f4-0fab-4084-a428-7d796391a33c","block_type":"box","text":"and sublicensed for certain purposes by State Street Global Advisors.","page_number":4,"box":{"x":50,"y":880,"width":414,"height":9}},{"id":"07244ded-7489-4c0f-891a-57a49a398f35","block_type":"box","text":"The fund is not sponsored, endorsed, sold or promoted by S&P DJI, Dow","page_number":4,"box":{"x":50,"y":893,"width":428,"height":9}},{"id":"6985b931-c7a4-4fcb-ab03-a26e2061ae68","block_type":"box","text":"Jones, S&P, their respective affiliates, and none of such parties make any","page_number":4,"box":{"x":50,"y":906,"width":432,"height":8}},{"id":"0b07c102-1233-46f7-9815-f92d12b3389b","block_type":"box","text":"representation regarding the advisability of investing in such product(s)","page_number":4,"box":{"x":51,"y":918,"width":421,"height":9}},{"id":"b252e8a4-5fbf-4ecd-a79b-31b146f6305d","block_type":"box","text":"nor do they have any liability for any errors, omissions, or interruptions of","page_number":4,"box":{"x":515,"y":92,"width":430,"height":9}},{"id":"456fadc8-f723-4e24-8b37-c306165a68fb","block_type":"box","text":"these indices.","page_number":4,"box":{"x":515,"y":105,"width":81,"height":7}},{"id":"b83fbc83-829a-4d2f-b58c-c7dbeab309e6","block_type":"box","text":"Please refer to the Fund’s latest Key Information Document (KID)/","page_number":4,"box":{"x":515,"y":122,"width":416,"height":9}},{"id":"1b6bd09a-0a8c-440d-8a95-a290bb90eb66","block_type":"box","text":"Key Investor Information Document (KIID) and Prospectus before","page_number":4,"box":{"x":515,"y":135,"width":415,"height":9}},{"id":"b10f407a-6acb-4076-9283-aae455359778","block_type":"box","text":"making any final investment decision. The latest English version of","page_number":4,"box":{"x":515,"y":148,"width":423,"height":9}},{"id":"8f981d1a-2385-44b6-a54a-c7e8cd7ce1e4","block_type":"box","text":"the prospectus and the KID/KIID can be found at","page_number":4,"box":{"x":515,"y":161,"width":306,"height":8}},{"id":"65242484-0414-41ea-a737-3c1c4926415e","block_type":"box","text":"www.ssga.com","page_number":4,"box":{"x":824,"y":163,"width":97,"height":7}},{"id":"9de3e961-62b2-4eab-8b8b-9a6ed4faa2d4","block_type":"box","text":". A","page_number":4,"box":{"x":923,"y":161,"width":15,"height":7}},{"id":"04cd18ce-f40e-4fe6-8041-f0a882766868","block_type":"box","text":"summary of investor rights can be found here:","page_number":4,"box":{"x":515,"y":174,"width":292,"height":8}},{"id":"883bf380-c09e-4e35-b945-d0d136683342","block_type":"box","text":"https://www.ssga.","page_number":4,"box":{"x":811,"y":174,"width":116,"height":8}},{"id":"a661871a-7739-40fc-80b5-ff1cc370a17c","block_type":"box","text":"com/library-content/products/fund-docs/summary-of-inves","page_number":4,"box":{"x":515,"y":186,"width":396,"height":9}},{"id":"2ea429aa-c7b0-44ff-86a5-cfc17a768eaf","block_type":"box","text":"tor-rights/ssga-investors-rights-summary-template-non-etf-Lux.","page_number":4,"box":{"x":515,"y":199,"width":426,"height":9}},{"id":"6b6f79f0-ab62-438c-b420-85918da17dd8","block_type":"box","text":"pdf.","page_number":4,"box":{"x":515,"y":212,"width":24,"height":9}},{"id":"fe0c1f65-68a1-4a6a-8d5c-4adaaa3ee1c8","block_type":"box","text":"Note that the Management Company may decide to terminate the","page_number":4,"box":{"x":515,"y":230,"width":418,"height":8}},{"id":"6ff5a11e-56f1-4d04-a95b-93e503e0ae86","block_type":"box","text":"arrangements made for marketing and proceed with de-notification","page_number":4,"box":{"x":515,"y":243,"width":431,"height":8}},{"id":"a68384eb-805c-47ab-915f-af04ff2c6e16","block_type":"box","text":"in compliance with Article 93a of Directive 2009/65/EC.","page_number":4,"box":{"x":515,"y":255,"width":355,"height":9}},{"id":"77a6ba65-8db0-49f3-8b4c-da3c15959ed0","block_type":"box","text":"Investors should not evaluate an investment in the fund based solely on","page_number":4,"box":{"x":516,"y":273,"width":420,"height":9}},{"id":"9b3bdf16-5b07-41ca-9d82-f1e6eebc4db8","block_type":"box","text":"the information above, but should consider other factors, including the","page_number":4,"box":{"x":515,"y":286,"width":415,"height":9}},{"id":"ffdd34cf-7147-4035-a36d-7c0a5abd7db4","block_type":"box","text":"fund’s overall investment objective and risk profile. Investors are encour","page_number":4,"box":{"x":515,"y":299,"width":424,"height":8}},{"id":"3df1ecd9-575e-4b97-8191-d2c7c33a5774","block_type":"box","text":"aged to review the fund’s prospectus [https://www.ssga.com/fund-find","page_number":4,"box":{"x":515,"y":311,"width":414,"height":9}},{"id":"941f54a5-9e6f-4fc1-9f7c-114db6fbade9","block_type":"box","text":"er?tab=documents] and KIID for more information regarding the fund","page_number":4,"box":{"x":515,"y":324,"width":412,"height":9}},{"id":"073c013b-96c9-49a5-80c9-b06b10413fad","block_type":"box","text":"and where applicable, the fund’s SFDR category.","page_number":4,"box":{"x":515,"y":337,"width":286,"height":9}},{"id":"2e548066-156a-406d-90da-60ad9fa6c929","block_type":"box","text":"Sustainability data is sourced from external providers. This data may","page_number":4,"box":{"x":515,"y":355,"width":407,"height":8}},{"id":"d19e22fe-81cf-4de4-9e5f-44982da855d3","block_type":"box","text":"be incomplete, inaccurate, or unavailable for certain companies, which","page_number":4,"box":{"x":515,"y":368,"width":417,"height":8}},{"id":"b1e86626-48a7-495a-a0f5-a620b88ed74a","block_type":"box","text":"could limit the ability to fully capture or reflect their sustainability charac","page_number":4,"box":{"x":515,"y":380,"width":427,"height":9}},{"id":"ca675282-5c4c-4474-a621-75826a2203dd","block_type":"box","text":"teristics. As a result, there may be limitations reported in the sustainabili","page_number":4,"box":{"x":515,"y":393,"width":425,"height":9}},{"id":"b0f287f2-0463-465a-b004-3a121138a20e","block_type":"box","text":"ty metrics or indicators.","page_number":4,"box":{"x":515,"y":406,"width":140,"height":9}},{"id":"305975b9-0d2e-4b15-9ddd-da89652c8554","block_type":"box","text":"The third-party information above has been obtained from sources","page_number":4,"box":{"x":515,"y":424,"width":398,"height":8}},{"id":"193dea63-ed29-48ab-8485-8c4de81a6ade","block_type":"box","text":"believed to be reliable as of the date indicated, but its accuracy is not","page_number":4,"box":{"x":515,"y":436,"width":408,"height":9}},{"id":"632b82dc-4ff6-482d-b6f3-d45ee1b457bf","block_type":"box","text":"guaranteed by SSGA. SSGA is not liable for investment decisions based","page_number":4,"box":{"x":515,"y":449,"width":426,"height":9}},{"id":"0dfec626-5311-4f92-9ff7-00012212160c","block_type":"box","text":"on this information and it should not be relied on as such. There is no","page_number":4,"box":{"x":515,"y":462,"width":403,"height":7}},{"id":"997e8431-74ba-40bf-a25a-eb7b29a094d5","block_type":"box","text":"representation or warranty as to the current accuracy, reliability or com","page_number":4,"box":{"x":515,"y":475,"width":422,"height":9}},{"id":"9b3dc5ae-2dc8-4ecf-b793-364e525d577b","block_type":"box","text":"pleteness of this information.","page_number":4,"box":{"x":515,"y":488,"width":171,"height":8}},{"id":"72c9158d-210f-4cf7-ac57-2c7bcab9ff2d","block_type":"box","text":"Data and metrics have been sourced as follows from the following con","page_number":4,"box":{"x":516,"y":505,"width":413,"height":9}},{"id":"ded49559-5144-49c2-8e7d-2a659a416464","block_type":"box","text":"tributors as of the date of this report, and are subject to their disclosures","page_number":4,"box":{"x":515,"y":518,"width":428,"height":9}},{"id":"aaca21f6-f636-4cc8-82d0-e8c4e802c2c1","block_type":"box","text":"below. All other data has been sourced by SSGA.","page_number":4,"box":{"x":515,"y":531,"width":289,"height":9}},{"id":"fcd17277-253e-4536-bdd1-7b5178126c04","block_type":"box","text":"Source: MSCI: Certain information contained herein (the “Information”)","page_number":4,"box":{"x":515,"y":548,"width":419,"height":8}},{"id":"5b279afe-4afa-4a52-946f-dd7e80da92de","block_type":"box","text":"is sourced from/copyright of MSCI Inc., MSCI ESG Research LLC, or their","page_number":4,"box":{"x":515,"y":561,"width":431,"height":9}},{"id":"5e0b8a17-9622-4a94-b53d-1464ed9ad8f2","block_type":"box","text":"affiliates (“MSCI”), or information providers (together the “MSCI Parties”)","page_number":4,"box":{"x":515,"y":574,"width":428,"height":9}},{"id":"07f7164f-fe83-42f1-be62-ebbdef3a85f9","block_type":"box","text":"and may have been used to calculate scores, signals, or other indica","page_number":4,"box":{"x":515,"y":587,"width":402,"height":9}},{"id":"d316e674-bcdd-4283-9f8c-d1032098c280","block_type":"box","text":"tors. The Information is for internal use only and may not be reproduced","page_number":4,"box":{"x":515,"y":600,"width":424,"height":8}},{"id":"69cd3ddb-1148-4c95-b26a-63d197e32e28","block_type":"box","text":"or disseminated in whole or part without prior written permission. The","page_number":4,"box":{"x":515,"y":613,"width":411,"height":8}},{"id":"84e5a6be-dfab-49d6-8e45-08956c42d20d","block_type":"box","text":"Information may not be used for, nor does it constitute, an offer to buy","page_number":4,"box":{"x":516,"y":625,"width":410,"height":9}},{"id":"976edf04-aff8-441e-802a-2e039364c317","block_type":"box","text":"or sell, or a promotion or recommendation of, any security, financial","page_number":4,"box":{"x":515,"y":638,"width":396,"height":9}},{"id":"a596c6e4-0a71-4edc-a400-6e5d354e2df0","block_type":"box","text":"instrument or product, trading strategy, or index, nor should it be taken as","page_number":4,"box":{"x":515,"y":651,"width":434,"height":9}},{"id":"9dcf7559-eff8-45fa-a23b-d7575dd43c12","block_type":"box","text":"an indication or guarantee of any future performance. Some funds may","page_number":4,"box":{"x":515,"y":664,"width":420,"height":9}},{"id":"4cbb8e82-a78f-41ce-bed2-cb07af207d82","block_type":"box","text":"be based on or linked to MSCI indexes, and MSCI may be compensated","page_number":4,"box":{"x":515,"y":677,"width":422,"height":8}},{"id":"cd519e2c-1ef5-46c5-b4c3-dd8ee8fa5bc0","block_type":"box","text":"based on the fund’s assets under management or other measures. MSCI","page_number":4,"box":{"x":515,"y":690,"width":428,"height":8}},{"id":"8ac07949-8585-4951-8947-3c627f7cf30b","block_type":"box","text":"has established an information barrier between index research and cer","page_number":4,"box":{"x":515,"y":702,"width":420,"height":7}},{"id":"445bb8cb-41a0-498f-845d-0e3501509d54","block_type":"box","text":"tain Information. None of the Information in and of itself can be used to","page_number":4,"box":{"x":515,"y":715,"width":415,"height":7}},{"id":"f4abf5f3-7bca-493b-abaa-fe4148161a4a","block_type":"box","text":"determine which securities to buy or sell or when to buy or sell them. The","page_number":4,"box":{"x":515,"y":728,"width":429,"height":9}},{"id":"3215f1f2-bcf0-491f-bd85-5f48c7fa996f","block_type":"box","text":"Information is provided “as is” and the user assumes the entire risk of any","page_number":4,"box":{"x":516,"y":741,"width":430,"height":9}},{"id":"f80469f4-cbe4-482e-93eb-0db359ef1cac","block_type":"box","text":"use it may make or permit to be made of the Information. No MSCI Party","page_number":4,"box":{"x":515,"y":754,"width":426,"height":8}},{"id":"38a02900-afc7-432c-bd7f-2264618b4c8c","block_type":"box","text":"warrants or guarantees the originality, accuracy and/or completeness of","page_number":4,"box":{"x":515,"y":766,"width":428,"height":9}},{"id":"1f5516e7-c6bd-41a1-a4eb-b1e3fc9af608","block_type":"box","text":"the Information and each expressly disclaims all express or implied war","page_number":4,"box":{"x":515,"y":779,"width":421,"height":9}},{"id":"b9a0fd42-2ff4-480b-bcd0-8d4e996f170a","block_type":"box","text":"ranties. No MSCI Party shall have any liability for any errors or omissions","page_number":4,"box":{"x":515,"y":792,"width":426,"height":9}},{"id":"b5d3e432-9ace-450a-bb3f-785f1e770e67","block_type":"box","text":"in connection with any Information herein, or any liability for any direct,","page_number":4,"box":{"x":515,"y":805,"width":416,"height":9}},{"id":"39cec8e5-b309-4761-b3d2-885642018c9d","block_type":"box","text":"indirect, special, punitive, consequential or any other damages (including","page_number":4,"box":{"x":515,"y":818,"width":431,"height":9}},{"id":"abdfb59b-7c1f-4efc-951b-aae98af6e371","block_type":"box","text":"lost profits) even if notified of the possibility of such damages.","page_number":4,"box":{"x":515,"y":831,"width":363,"height":9}},{"id":"075e3d08-a670-4c57-ae5b-94c223f8b407","block_type":"box","text":"The returns on a portfolio of securities which exclude companies that do","page_number":4,"box":{"x":515,"y":848,"width":428,"height":9}},{"id":"26f94a58-8bec-4571-8dbb-5c78ebdd0dfe","block_type":"box","text":"not meet the portfolio’s sustainable strategy criteria may trail the returns","page_number":4,"box":{"x":515,"y":861,"width":428,"height":9}},{"id":"e2b9ec2c-375a-4781-8a26-9dbcb3f39aa3","block_type":"box","text":"on a portfolio of securities which include such companies. A portfolio’s","page_number":4,"box":{"x":515,"y":874,"width":415,"height":9}},{"id":"28ecc2d9-04a3-42f4-9250-0374593c963a","block_type":"box","text":"sustainable strategy criteria may result in the portfolio investing in indus","page_number":4,"box":{"x":515,"y":887,"width":424,"height":9}},{"id":"17aa69c4-63b1-4484-9c54-5165e547f5ba","block_type":"box","text":"try sectors or securities which underperform the market as a whole.","page_number":4,"box":{"x":515,"y":900,"width":400,"height":8}},{"id":"6ff9875f-810f-4999-b72a-3ff27fcd1276","block_type":"box","text":"R-Factor scoring is designed by State Street to reflect certain sustain","page_number":4,"box":{"x":516,"y":917,"width":408,"height":9}},{"id":"55634ca6-1fe0-435e-ae7b-df3ff393eb94","block_type":"box","text":"Report ID: 5081844.1","page_number":4,"box":{"x":362,"y":968,"width":114,"height":9}},{"id":"fe0e8fd0-2cc6-4f13-8699-020402d508e3","block_type":"box","text":"Published: 18 Nov 2025","page_number":4,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"2c433288-3100-4cd0-baf7-60fd04382925","block_type":"box","text":"P","page_number":4,"box":{"x":899,"y":968,"width":5,"height":6}},{"id":"f764ef29-0ac8-4ca7-8f48-d1531fa55e87","block_type":"box","text":"a","page_number":4,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"2d9aee06-ceb1-46ed-b7f5-8a6a06c6608b","block_type":"box","text":"g","page_number":4,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"8ee832a0-992f-4db6-b07b-9c2f1f48746f","block_type":"box","text":"e","page_number":4,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"7d772d3d-130c-4cd3-bb8e-11bef975a2bf","block_type":"box","text":"4","page_number":4,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"98d8c6f8-1229-4636-9c79-58fc288b6c7f","block_type":"box","text":"of","page_number":4,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"b398459c-f395-413d-91fe-af6d13d8939a","block_type":"box","text":"5","page_number":4,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"986bbca6-8b15-4cc2-afd0-1aad1c3f2305","block_type":"box","text":"ability factors and does not represent investment performance. Results","page_number":5,"box":{"x":50,"y":35,"width":423,"height":9}},{"id":"d31ace1e-5005-43b6-b69d-ac5d3d5bb060","block_type":"box","text":"generated out of the scoring model are based on sustainability dimen","page_number":5,"box":{"x":50,"y":48,"width":410,"height":9}},{"id":"ad54692f-3337-4193-8c34-32d575321181","block_type":"box","text":"sions of a scored entity.","page_number":5,"box":{"x":50,"y":61,"width":139,"height":8}},{"id":"30f6372e-7880-45fc-a6c7-da145c221f2e","block_type":"box","text":"In the UK, this document has been issued by State Street Global Advisors","page_number":5,"box":{"x":51,"y":78,"width":433,"height":9}},{"id":"47df66ff-75e8-43ff-925d-58b932b0550e","block_type":"box","text":"Limited (“SSGAL”). Authorized and regulated by the Financial Conduct","page_number":5,"box":{"x":51,"y":91,"width":418,"height":9}},{"id":"66ef5da8-ef07-4d1a-a064-bc75dc491e20","block_type":"box","text":"Authority, Registered No.2509928. VAT No. 5776591 81. Registered of","page_number":5,"box":{"x":50,"y":104,"width":415,"height":9}},{"id":"36bacbb2-47ab-4a74-958c-d881af211168","block_type":"box","text":"f","page_number":5,"box":{"x":464,"y":108,"width":4,"height":0}},{"id":"0bc62f3e-bcdc-49c4-9c15-4140e7b3ea66","block_type":"box","text":"fice: 20 Churchill Place, Canary Wharf, London, E14 5HJ. Telephone: 020","page_number":5,"box":{"x":50,"y":117,"width":430,"height":8}},{"id":"8e650c45-cae9-4b26-8635-69e1fd3d4213","block_type":"box","text":"3395 6000. Facsimile: 020 3395 6350 Web:","page_number":5,"box":{"x":50,"y":130,"width":264,"height":7}},{"id":"dfc4d540-f829-41d5-bc81-e73c1b1fb3b4","block_type":"box","text":"www.ssga.com","page_number":5,"box":{"x":317,"y":131,"width":88,"height":7}},{"id":"005ea5e2-a5a5-4e08-b5d9-a66dbfc5d73d","block_type":"box","text":".","page_number":5,"box":{"x":406,"y":135,"width":1,"height":1}},{"id":"d972c797-2ffb-43b7-8aa2-153637beb06b","block_type":"box","text":"© 2025 State Street Corporation - All Rights Reserved.","page_number":5,"box":{"x":50,"y":159,"width":326,"height":9}},{"id":"25bc66e4-22d0-4b81-b2b8-4b9a899e3ac2","block_type":"box","text":"Tracking Code: 7765755.1.5.EMEA.INST","page_number":5,"box":{"x":50,"y":171,"width":236,"height":9}},{"id":"c209a39d-5966-4b2a-b35b-3d6ccecd75af","block_type":"box","text":"Expiration Date: 10/31/2026","page_number":5,"box":{"x":51,"y":183,"width":163,"height":8}},{"id":"84c59fb7-f48f-4883-a864-a917e66e11b2","block_type":"box","text":"State Street Global Advisors Worldwide Entities","page_number":5,"box":{"x":50,"y":195,"width":284,"height":7}},{"id":"73f138b5-f144-4156-a66e-4313e8e0bc8b","block_type":"box","text":"Report ID: 5081844.1","page_number":5,"box":{"x":362,"y":968,"width":114,"height":9}},{"id":"9c54186c-0743-46b2-9f5f-3bb1cbdd0d13","block_type":"box","text":"Published: 18 Nov 2025","page_number":5,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"5d76a237-01ca-4b97-8471-fdc5980fa911","block_type":"box","text":"P","page_number":5,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"87623242-8b14-4b57-b758-f8c75e70ff6d","block_type":"box","text":"a","page_number":5,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"130cbbf4-5105-40fa-8f82-179efb02b3c7","block_type":"box","text":"g","page_number":5,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"b803c35f-2b08-4521-baf1-02569968f5ba","block_type":"box","text":"e","page_number":5,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"c76ac272-c2a8-4343-ad63-eac0af1bf7d4","block_type":"box","text":"5","page_number":5,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"946a4d68-fe4b-413e-9485-9a432ad0bd42","block_type":"box","text":"of","page_number":5,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"15e97589-aa71-4dbb-b7d1-97a4f6349c32","block_type":"box","text":"5","page_number":5,"box":{"x":944,"y":968,"width":5,"height":6}}],"unit":"per_mille","page_width":595,"page_height":[{"value":841,"pages":[1]},{"value":842,"pages":[2,3,4,5]}],"attributes":{"chunk_type":"page_range","start_page":1,"end_page":5}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"99798e5a-ea34-4be3-9885-bd22f38f2e75"},"user_id":1000002,"date_created":"2026-10-05T20:49:58.308000Z","date_modified":"2026-10-05T20:49:58.308000Z","private":false}