{"annotation_id":"4488e6ea-78f5-413b-9a30-f9e007ae5f94","file_hash":"b930e9441bf2e7befa2d51476d1cc7c07c70bb36643bc9eae866c92da59cf877","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"851f1ff5-5102-4dd1-aa69-17c0098232bc","block_type":"box","text":"Fund Objective","page_number":1,"box":{"x":47,"y":234,"width":106,"height":10}},{"id":"c88674e8-a91f-4605-a41a-22095a85569d","block_type":"box","text":"The objective of the Fund is to track the performance of global","page_number":1,"box":{"x":46,"y":263,"width":404,"height":9}},{"id":"4c9ff6c4-2ac6-4dd6-9187-d8bd7011cb20","block_type":"box","text":"markets for investment grade (high quality) fixed-rate debt","page_number":1,"box":{"x":47,"y":277,"width":379,"height":10}},{"id":"b411443e-8e05-4d88-90e6-4286bb51a293","block_type":"box","text":"securities.","page_number":1,"box":{"x":46,"y":291,"width":65,"height":8}},{"id":"9d4ee9e2-4646-4b61-b101-b81ae815c290","block_type":"box","text":"Index Description","page_number":1,"box":{"x":47,"y":334,"width":124,"height":10}},{"id":"7da7fdc6-d914-40c2-a6ab-c884197858a6","block_type":"box","text":"The Bloomberg Global Aggregate Bond Index (EUR Hedged)","page_number":1,"box":{"x":46,"y":362,"width":394,"height":10}},{"id":"3e59dc3b-7645-4c54-beac-a6a7e6f58add","block_type":"box","text":"represents a close estimation of the performance that can be","page_number":1,"box":{"x":47,"y":377,"width":397,"height":9}},{"id":"26a8c98e-78b9-47a1-a1b9-284ecb05d448","block_type":"box","text":"achieved by hedging the currency exposure of its parent index,","page_number":1,"box":{"x":47,"y":391,"width":405,"height":10}},{"id":"b833d3bd-909d-48b9-ba05-d12e3d4384d3","block_type":"box","text":"the Bloomberg Global Aggregate Bond Index, to EUR. The index is","page_number":1,"box":{"x":46,"y":405,"width":427,"height":10}},{"id":"cc2cda63-da60-4890-91e1-a43e963d1635","block_type":"box","text":"100% hedged to the EUR by selling the forwards of all the currencies","page_number":1,"box":{"x":46,"y":419,"width":440,"height":10}},{"id":"5d1236a4-a0cb-42a4-acf5-3c151f84c21a","block_type":"box","text":"in the parent index at the one-month Forward rate. The parent index","page_number":1,"box":{"x":47,"y":434,"width":439,"height":9}},{"id":"a686a51c-b9a4-41bb-8207-fe15e615ed05","block_type":"box","text":"is composed of government, government-related and corporate","page_number":1,"box":{"x":47,"y":448,"width":415,"height":10}},{"id":"3c77347c-5d33-4702-85f5-521964dd526b","block_type":"box","text":"bonds, as well as asset-backed, mortgage-backed and commercial","page_number":1,"box":{"x":47,"y":462,"width":434,"height":10}},{"id":"5a56bad9-0d43-4e3e-9a62-99dd5af37bc1","block_type":"box","text":"mortgage-backed securities from both developed and emerging","page_number":1,"box":{"x":47,"y":476,"width":417,"height":10}},{"id":"e6f1b6d5-8a44-4e75-9784-7ee048068b24","block_type":"box","text":"markets issuers.","page_number":1,"box":{"x":47,"y":491,"width":104,"height":8}},{"id":"19dec794-5ef3-47e2-87b7-3563198bc08b","block_type":"box","text":"Tax Status","page_number":1,"box":{"x":46,"y":534,"width":76,"height":7}},{"id":"8b8e81a1-2129-41a6-92f7-2d73459c4bc8","block_type":"box","text":"As standard, State Street Investment Management aims to meet","page_number":1,"box":{"x":46,"y":562,"width":419,"height":10}},{"id":"bd1862d9-7284-49f7-a003-460fdfa8117d","block_type":"box","text":"all applicable tax reporting requirements for all of the SPDR ETFs in","page_number":1,"box":{"x":47,"y":576,"width":434,"height":10}},{"id":"3e0f3ed9-91c1-454c-9c2a-454cac3a4f13","block_type":"box","text":"the following countries. Applications are made throughout the year","page_number":1,"box":{"x":46,"y":591,"width":431,"height":9}},{"id":"749fb4c5-ce5e-4151-a9be-cc45a423df79","block_type":"box","text":"depending on the time scale required by each local tax authority:","page_number":1,"box":{"x":46,"y":605,"width":418,"height":10}},{"id":"5c7f59a8-3f59-4a31-927b-90346b045eb3","block_type":"box","text":"UK, Germany, Austria, Switzerland.","page_number":1,"box":{"x":47,"y":619,"width":222,"height":10}},{"id":"6b33c627-13fe-4819-829e-fb7797783f45","block_type":"box","text":"Countries of Registration","page_number":1,"box":{"x":46,"y":662,"width":177,"height":9}},{"id":"f86ff457-245c-4549-96ae-865c8587d1de","block_type":"box","text":"United Kingdom, Switzerland, Sweden, Spain, Norway, Netherlands,","page_number":1,"box":{"x":47,"y":690,"width":430,"height":10}},{"id":"272226fd-c84b-4651-b990-89584d4cbc8e","block_type":"box","text":"Luxembourg, Italy, Ireland, Germany, France, Finland, Denmark,","page_number":1,"box":{"x":47,"y":705,"width":404,"height":9}},{"id":"b682ec5a-c565-4c36-99f9-a7518289f56a","block_type":"box","text":"Austria","page_number":1,"box":{"x":46,"y":719,"width":47,"height":8}},{"id":"3b18a0e3-e4d7-444d-b03b-01fd8fc44998","block_type":"box","text":"Fund Information","page_number":1,"box":{"x":515,"y":228,"width":97,"height":6}},{"id":"16b47bc5-95a2-450d-9b3e-3bc65960fe10","block_type":"box","text":"ISIN","page_number":1,"box":{"x":515,"y":246,"width":21,"height":6}},{"id":"51bc0141-aaa8-4baf-971a-5b322c88bfb2","block_type":"box","text":"IE00BF1QPL78","page_number":1,"box":{"x":684,"y":246,"width":88,"height":6}},{"id":"fe8a24ef-6050-47c7-a2dd-466095e7d605","block_type":"box","text":"Index Name","page_number":1,"box":{"x":515,"y":262,"width":63,"height":6}},{"id":"4f78be0f-fbd0-4833-b7b9-3eb9fb7dda85","block_type":"box","text":"Bloomberg Global Aggregate Bond Index (EUR","page_number":1,"box":{"x":684,"y":261,"width":246,"height":8}},{"id":"894b1c60-5547-4d4b-ae2f-f148f048c0bf","block_type":"box","text":"hedged)","page_number":1,"box":{"x":684,"y":272,"width":43,"height":8}},{"id":"bddc6987-f6f6-4d98-9af9-73fcf62fabb9","block_type":"box","text":"Index Ticker","page_number":1,"box":{"x":515,"y":289,"width":65,"height":6}},{"id":"cb75fca2-e4e1-403f-a607-b62f6fd45890","block_type":"box","text":"LEGATREH","page_number":1,"box":{"x":684,"y":288,"width":62,"height":7}},{"id":"05658182-d3e1-4e47-b33b-cd574c6772f5","block_type":"box","text":"Index Type","page_number":1,"box":{"x":515,"y":305,"width":58,"height":7}},{"id":"0d4c8fe6-7c6b-40fe-bf77-fa6978996628","block_type":"box","text":"Total Return","page_number":1,"box":{"x":684,"y":305,"width":65,"height":6}},{"id":"840cf8a4-2a88-49e4-a2ef-1a9633275ab7","block_type":"box","text":"Number of Constituents","page_number":1,"box":{"x":515,"y":321,"width":127,"height":6}},{"id":"0ae80c18-72c6-4852-9165-cab4c97c8e09","block_type":"box","text":"32,573","page_number":1,"box":{"x":684,"y":321,"width":43,"height":7}},{"id":"34edbe41-a441-449d-a06c-bf3fabaad86b","block_type":"box","text":"Key Facts","page_number":1,"box":{"x":515,"y":357,"width":55,"height":7}},{"id":"99dfd4d5-0fc7-491d-b115-8393968293d3","block_type":"box","text":"Inception Date","page_number":1,"box":{"x":515,"y":375,"width":77,"height":7}},{"id":"980bfab1-a3b7-49bf-a574-77fb6ae83f96","block_type":"box","text":"14-Feb-2018","page_number":1,"box":{"x":685,"y":374,"width":75,"height":7}},{"id":"dfce504a-0c2b-405c-afa4-fd80299ef178","block_type":"box","text":"Share Class Currency","page_number":1,"box":{"x":515,"y":391,"width":116,"height":7}},{"id":"bd778c9a-6a0e-4e22-8c52-767afd2a22d1","block_type":"box","text":"EUR","page_number":1,"box":{"x":684,"y":391,"width":23,"height":6}},{"id":"b9c1b3bd-35e2-4bbf-8f4f-f501fa447564","block_type":"box","text":"Fund — Base Currency","page_number":1,"box":{"x":515,"y":407,"width":124,"height":7}},{"id":"82975938-7c07-431b-9015-0827a2074706","block_type":"box","text":"USD","page_number":1,"box":{"x":684,"y":407,"width":24,"height":6}},{"id":"27d36a52-2412-4365-b26d-81526418ac09","block_type":"box","text":"TER","page_number":1,"box":{"x":515,"y":423,"width":22,"height":6}},{"id":"f8ebc866-5a9d-42ba-b8a2-4d1473ada315","block_type":"box","text":"0.10%","page_number":1,"box":{"x":684,"y":423,"width":38,"height":6}},{"id":"4e92aef8-e53e-43b6-9bf0-a36cc473a4fb","block_type":"box","text":"Income Treatment","page_number":1,"box":{"x":515,"y":439,"width":98,"height":6}},{"id":"5023b918-24e0-4d0e-825b-cc98e56c77e1","block_type":"box","text":"Semi-Annually Distribution","page_number":1,"box":{"x":684,"y":439,"width":141,"height":7}},{"id":"a5083f8e-f61d-4341-86d9-a5d5913bdd84","block_type":"box","text":"Replication Method","page_number":1,"box":{"x":515,"y":455,"width":103,"height":8}},{"id":"43ee8ae1-024b-4c59-ad00-b80485ac36d6","block_type":"box","text":"Stratified Sampling","page_number":1,"box":{"x":684,"y":455,"width":101,"height":8}},{"id":"6d87de9a-4150-4eff-b9d4-29953097643f","block_type":"box","text":"UCITS Compliant","page_number":1,"box":{"x":515,"y":471,"width":93,"height":8}},{"id":"e71d9c7b-c2ed-46e6-ac0c-6b61912ff908","block_type":"box","text":"Yes","page_number":1,"box":{"x":684,"y":471,"width":18,"height":6}},{"id":"6d78245d-d7fb-42f2-a2af-ec59d2b68b94","block_type":"box","text":"Domicile","page_number":1,"box":{"x":515,"y":487,"width":46,"height":6}},{"id":"403fbac8-c6e6-4855-a1b7-74b33239a0ad","block_type":"box","text":"Ireland","page_number":1,"box":{"x":684,"y":487,"width":35,"height":6}},{"id":"2ae52f06-bd4c-4c37-8691-5b74426c66f1","block_type":"box","text":"Investment Manager","page_number":1,"box":{"x":515,"y":503,"width":109,"height":8}},{"id":"05653af1-5231-46d5-8e41-0f9e3b2d26f5","block_type":"box","text":"State Street Global Advisors Europe Limited","page_number":1,"box":{"x":684,"y":503,"width":234,"height":8}},{"id":"c0432320-d444-4d6a-af53-013c96a28e6a","block_type":"box","text":"Sub-Investment Manager(s)","page_number":1,"box":{"x":515,"y":519,"width":148,"height":8}},{"id":"abb4777b-96c2-48ee-99cc-0fca96fe65fe","block_type":"box","text":"State Street Global Advisors Limited","page_number":1,"box":{"x":684,"y":519,"width":193,"height":6}},{"id":"626cd095-f8a4-49b9-b7ea-c56cfd8d1e89","block_type":"box","text":"State Street Global Advisors Trust Company","page_number":1,"box":{"x":684,"y":530,"width":236,"height":8}},{"id":"6bce2042-057e-4809-a1f5-2219953fd16d","block_type":"box","text":"Fund Umbrella","page_number":1,"box":{"x":515,"y":546,"width":77,"height":6}},{"id":"971e68d8-da59-4dee-9ff9-a2115a932e9a","block_type":"box","text":"SSGA SPDR ETFs Europe I plc","page_number":1,"box":{"x":684,"y":546,"width":161,"height":8}},{"id":"9adc307b-0190-4553-8454-e0abae1d9fff","block_type":"box","text":"Share Class Assets (millions)","page_number":1,"box":{"x":515,"y":562,"width":152,"height":7}},{"id":"6fda5bb7-ea99-4f6d-b5ae-11cf1b81011a","block_type":"box","text":"€658.10","page_number":1,"box":{"x":684,"y":562,"width":51,"height":6}},{"id":"f235602d-df4b-4ab6-91ae-16a9a1734ace","block_type":"box","text":"Total Fund Assets (millions)","page_number":1,"box":{"x":515,"y":578,"width":145,"height":7}},{"id":"bf7e08d9-1de9-4ae5-b806-5b96c92c2a44","block_type":"box","text":"US$4,877.23","page_number":1,"box":{"x":684,"y":577,"width":79,"height":8}},{"id":"79e07847-c201-4c74-ad69-dec20eeb7ad9","block_type":"box","text":"ISA Eligible","page_number":1,"box":{"x":515,"y":594,"width":58,"height":8}},{"id":"3bf5c016-1f28-4edb-931a-23f1f6755c95","block_type":"box","text":"Yes","page_number":1,"box":{"x":684,"y":594,"width":18,"height":6}},{"id":"cfca6a3f-31b6-4b85-b9c1-9714d58c7f48","block_type":"box","text":"SIPP Eligible","page_number":1,"box":{"x":515,"y":610,"width":65,"height":8}},{"id":"9e0bc666-6fc9-43a1-81e8-3b3c8a3cf8e3","block_type":"box","text":"Yes","page_number":1,"box":{"x":684,"y":610,"width":18,"height":7}},{"id":"d0dcdc1e-7f6d-4349-a7c6-ccddf9a97192","block_type":"box","text":"PEA Eligible","page_number":1,"box":{"x":515,"y":627,"width":63,"height":7}},{"id":"b4ad1923-f7a6-4042-84f2-749e89727d9c","block_type":"box","text":"No","page_number":1,"box":{"x":684,"y":627,"width":14,"height":6}},{"id":"8f83ae59-0611-4a67-adff-cc5bd64ecdb7","block_type":"box","text":"Currency Hedging","page_number":1,"box":{"x":515,"y":643,"width":97,"height":7}},{"id":"a0b58cad-ff91-4d57-b6c3-4bdc53696f66","block_type":"box","text":"Monthly","page_number":1,"box":{"x":684,"y":643,"width":42,"height":7}},{"id":"59c6ea5e-cb53-4d50-a71d-ab1eb77e8616","block_type":"box","text":"Prior to 1","page_number":1,"box":{"x":515,"y":661,"width":43,"height":6}},{"id":"59c3c7d3-40c8-4d73-970b-74e93d7fe535","block_type":"box","text":"st","page_number":1,"box":{"x":559,"y":661,"width":5,"height":3}},{"id":"e10390a3-b9cb-4597-ab92-a0262cdc7b35","block_type":"box","text":"February 2022, the Fund was known as SPDR Bloomberg Barclays Global","page_number":1,"box":{"x":567,"y":661,"width":378,"height":8}},{"id":"6f501f0a-5cdd-4dd2-82a0-36c43ad0b795","block_type":"box","text":"Aggregate Bond EUR Hdg UCITS ETF (Dist). Prior to 19","page_number":1,"box":{"x":515,"y":671,"width":281,"height":8}},{"id":"dec16972-36d4-4828-a347-38d6ff805b15","block_type":"box","text":"th","page_number":1,"box":{"x":797,"y":671,"width":5,"height":3}},{"id":"e957c6aa-0e4b-4b40-ac29-cae1cdfe91f6","block_type":"box","text":"February 2026, the Fund","page_number":1,"box":{"x":806,"y":671,"width":126,"height":8}},{"id":"4f88e362-5d97-4881-b344-bc277414603c","block_type":"box","text":"was known as SPDR","page_number":1,"box":{"x":515,"y":682,"width":104,"height":6}},{"id":"8fa72191-07a9-4790-bd8a-1ad55a19544d","block_type":"box","text":"®","page_number":1,"box":{"x":620,"y":681,"width":3,"height":2}},{"id":"3a74f28e-c726-444e-9233-c0d03776275c","block_type":"box","text":"Bloomberg Global Aggregate Bond EUR Hdg UCITS ETF (Dist).","page_number":1,"box":{"x":626,"y":682,"width":324,"height":8}},{"id":"de274e03-da9c-4f7b-b40f-fc647779fbcf","block_type":"box","text":"Prior to 1","page_number":1,"box":{"x":515,"y":695,"width":43,"height":6}},{"id":"78f11eef-1334-44c9-9800-6a8a1e1786ae","block_type":"box","text":"st","page_number":1,"box":{"x":559,"y":695,"width":5,"height":3}},{"id":"87c40107-6ee1-4dbf-842c-c1a58665b284","block_type":"box","text":"February 2022, the Fund was tracking the Bloomberg Barclays Global","page_number":1,"box":{"x":567,"y":695,"width":357,"height":8}},{"id":"b041dbab-fdf5-43d7-88d9-306cb24c823f","block_type":"box","text":"Aggregate Bond Index (EUR hedged).","page_number":1,"box":{"x":515,"y":705,"width":192,"height":8}},{"id":"b1d9e11c-5357-4df6-a222-d7dab9783cbe","block_type":"box","text":"Listings","page_number":1,"box":{"x":47,"y":752,"width":43,"height":8}},{"id":"8a656736-abd8-4eaf-91e1-a3c439a4b67a","block_type":"box","text":"Exchange","page_number":1,"box":{"x":47,"y":768,"width":54,"height":8}},{"id":"9ddf2901-c878-4021-b219-de6a7a7974d5","block_type":"box","text":"Exchange Ticker","page_number":1,"box":{"x":259,"y":768,"width":94,"height":8}},{"id":"4bea36bd-90ac-4cc2-915a-0b4de5ddedfc","block_type":"box","text":"Trading Currency","page_number":1,"box":{"x":375,"y":768,"width":101,"height":8}},{"id":"716a0ffb-71a7-4b17-8a4b-f033389adc41","block_type":"box","text":"iNAV Ticker","page_number":1,"box":{"x":493,"y":768,"width":68,"height":6}},{"id":"4c1ce317-5247-4a2d-bad3-4c078945a2ba","block_type":"box","text":"Bloomberg Code","page_number":1,"box":{"x":610,"y":768,"width":95,"height":8}},{"id":"e86311e3-4d7b-4dd2-acc4-4075d4523f9c","block_type":"box","text":"Reuters Code","page_number":1,"box":{"x":727,"y":768,"width":77,"height":6}},{"id":"d9f371c0-656f-4d51-9981-5a350e13be71","block_type":"box","text":"SEDOL Code","page_number":1,"box":{"x":844,"y":768,"width":73,"height":6}},{"id":"afb5bfc2-c9d3-4fb9-8be2-ec37d046ceb4","block_type":"box","text":"Deutsche Börse*","page_number":1,"box":{"x":47,"y":785,"width":89,"height":6}},{"id":"724bf644-41d4-4d61-a0b4-bfbe5c47993b","block_type":"box","text":"SPFE","page_number":1,"box":{"x":258,"y":785,"width":29,"height":6}},{"id":"2b723c18-78a4-4dd0-9809-05a545def684","block_type":"box","text":"EUR","page_number":1,"box":{"x":376,"y":785,"width":22,"height":6}},{"id":"17235a6d-85c2-4f99-9416-bce1e267f77f","block_type":"box","text":"INSPFE","page_number":1,"box":{"x":493,"y":785,"width":39,"height":6}},{"id":"63fff216-5cb1-4e33-b774-a1f2251a6286","block_type":"box","text":"SPFE GY","page_number":1,"box":{"x":610,"y":785,"width":48,"height":6}},{"id":"71509c24-45f7-4749-998d-6ce72658e71d","block_type":"box","text":"SPFE.DE","page_number":1,"box":{"x":727,"y":785,"width":47,"height":6}},{"id":"6407a357-99bb-4621-929d-7aa8aa8a761b","block_type":"box","text":"BF1QPK6","page_number":1,"box":{"x":845,"y":785,"width":54,"height":6}},{"id":"043af5c0-400c-4917-b27e-1fc9fb6de68c","block_type":"box","text":"Borsa Italiana","page_number":1,"box":{"x":47,"y":801,"width":71,"height":6}},{"id":"fb940228-5b3c-4d71-ab3f-dc30948da232","block_type":"box","text":"GLAE","page_number":1,"box":{"x":258,"y":801,"width":32,"height":6}},{"id":"ff0e5ab0-8c39-4043-aeef-334347f6016a","block_type":"box","text":"EUR","page_number":1,"box":{"x":376,"y":801,"width":22,"height":6}},{"id":"832b2fb2-1b27-48cd-a18c-1a40de5eba66","block_type":"box","text":"INSPFE","page_number":1,"box":{"x":493,"y":801,"width":39,"height":6}},{"id":"d1f13cf9-3f4d-4e39-9787-382c805a8d83","block_type":"box","text":"GLAE IM","page_number":1,"box":{"x":610,"y":801,"width":46,"height":6}},{"id":"ac7d0bc0-ed1a-4735-83d1-0731aa3fc21a","block_type":"box","text":"GLAE.MI","page_number":1,"box":{"x":727,"y":801,"width":46,"height":6}},{"id":"9fae2d6d-f04c-490f-afcc-7aee64de69ff","block_type":"box","text":"BF2RW29","page_number":1,"box":{"x":845,"y":801,"width":56,"height":6}},{"id":"35c99ae5-c3c4-4c4a-b22d-1a2f657f226f","block_type":"box","text":"*Denotes Primary Listing","page_number":1,"box":{"x":46,"y":819,"width":129,"height":8}},{"id":"7d449bac-8b25-4be1-b970-7a23ca716558","block_type":"box","text":"1","page_number":1,"box":{"x":515,"y":962,"width":3,"height":8}},{"id":"22bfa00e-7122-470b-8f9d-3f416565a679","block_type":"box","text":"State Street","page_number":1,"box":{"x":47,"y":66,"width":220,"height":19}},{"id":"c3cdef2e-5427-415e-886f-a9d6e09801cd","block_type":"box","text":"®","page_number":1,"box":{"x":268,"y":64,"width":9,"height":7}},{"id":"68d680d3-6fc6-4fc1-b3bc-d2610976ff28","block_type":"box","text":"SPDR","page_number":1,"box":{"x":278,"y":66,"width":111,"height":19}},{"id":"0f8afa1a-e6c9-4aaa-84a2-008819921280","block_type":"box","text":"®","page_number":1,"box":{"x":390,"y":64,"width":9,"height":7}},{"id":"43822abb-b3ec-4353-9aa1-95d3cb55fe13","block_type":"box","text":"Bloomberg Global","page_number":1,"box":{"x":48,"y":97,"width":332,"height":24}},{"id":"cf379bc7-31cb-47c0-aa89-535df736ddcf","block_type":"box","text":"Aggregate Bond EUR","page_number":1,"box":{"x":46,"y":128,"width":388,"height":24}},{"id":"01d93f2b-b2dc-4811-a224-8f4256087808","block_type":"box","text":"Hdg UCITS ETF (Dist)","page_number":1,"box":{"x":48,"y":158,"width":388,"height":25}},{"id":"233790a9-d69c-41db-9b56-5151165031d0","block_type":"box","text":"Fact Sheet","page_number":1,"box":{"x":516,"y":47,"width":86,"height":10}},{"id":"8edf8034-bf30-4e9a-bd76-1c59045352d1","block_type":"box","text":"Fixed Income","page_number":1,"box":{"x":516,"y":66,"width":117,"height":9}},{"id":"c46f8cbb-160c-4638-91de-5eb48c529054","block_type":"box","text":"31 August 2026","page_number":1,"box":{"x":515,"y":121,"width":80,"height":8}},{"id":"08237fec-bc8d-4a91-90e7-b010925ebfe7","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":749,"y":47,"width":178,"height":12}},{"id":"626d30dc-e512-4089-97e1-45aa1bb09f4b","block_type":"box","text":"2","page_number":2,"box":{"x":515,"y":962,"width":8,"height":8}},{"id":"bcc43819-f3e4-4b3d-96fa-617d6d6565ff","block_type":"box","text":"Capital Risk: Investing involves risk including the risk of loss of capital.","page_number":2,"box":{"x":46,"y":905,"width":386,"height":7}},{"id":"eacbea9c-981b-4c57-8e0b-d6661b18b135","block_type":"box","text":"The performance data quoted represents past performance. Past performance does not guarantee future results.","page_number":2,"box":{"x":46,"y":915,"width":629,"height":8}},{"id":"48d2ab1f-1b2f-439d-9dfc-e1f998f08652","block_type":"box","text":"Performance","page_number":2,"box":{"x":47,"y":43,"width":74,"height":6}},{"id":"8923126d-71c7-4297-a0a0-2b7d7572e7bd","block_type":"box","text":"Index","page_number":2,"box":{"x":133,"y":59,"width":31,"height":6}},{"id":"f1fdd133-62e1-44d5-bcb2-d03a030feb11","block_type":"box","text":"Fund Gross","page_number":2,"box":{"x":180,"y":59,"width":64,"height":6}},{"id":"addf7a8d-b151-493c-ac56-aa2167d97f78","block_type":"box","text":"Difference","page_number":2,"box":{"x":262,"y":59,"width":59,"height":6}},{"id":"851b276f-341d-4c3f-b100-1a800021e4b2","block_type":"box","text":"Fund Net","page_number":2,"box":{"x":351,"y":59,"width":51,"height":6}},{"id":"38e043c4-07c9-49be-b905-a2e6c671e62f","block_type":"box","text":"Difference","page_number":2,"box":{"x":419,"y":59,"width":59,"height":6}},{"id":"80459e9c-17a2-48e8-a797-ff5604f5faec","block_type":"box","text":"Annualised Returns (%)","page_number":2,"box":{"x":46,"y":75,"width":134,"height":7}},{"id":"7442a4db-8368-4645-bb5d-a1946ce787d0","block_type":"box","text":"1 Year","page_number":2,"box":{"x":47,"y":91,"width":34,"height":6}},{"id":"1fe991ca-dc40-4252-b58c-29170e56f2a3","block_type":"box","text":"-2.43","page_number":2,"box":{"x":132,"y":91,"width":31,"height":6}},{"id":"819ec9bb-3c99-4289-b9c8-ee226db298ee","block_type":"box","text":"-2.34","page_number":2,"box":{"x":213,"y":91,"width":31,"height":6}},{"id":"c6613c49-84f9-4a0b-9447-bb5dd2ee8a06","block_type":"box","text":"0.08","page_number":2,"box":{"x":293,"y":91,"width":27,"height":6}},{"id":"acee90d3-0f95-4c57-a058-1b9dab04965a","block_type":"box","text":"-2.44","page_number":2,"box":{"x":370,"y":91,"width":31,"height":6}},{"id":"195de881-f80f-417d-96be-a94f8b4c472f","block_type":"box","text":"-0.01","page_number":2,"box":{"x":446,"y":91,"width":31,"height":6}},{"id":"bb040787-bcc5-4c1b-ae7b-cf4be9fba248","block_type":"box","text":"3 Year","page_number":2,"box":{"x":47,"y":107,"width":34,"height":6}},{"id":"189f9973-ddf6-4f54-b773-ca66df1dc563","block_type":"box","text":"2.33","page_number":2,"box":{"x":136,"y":107,"width":27,"height":6}},{"id":"7dbb5f25-0ee4-415d-82c8-9886804338b7","block_type":"box","text":"2.28","page_number":2,"box":{"x":217,"y":107,"width":27,"height":6}},{"id":"003b6be9-b292-4f29-be23-6d5d7daa58b1","block_type":"box","text":"-0.04","page_number":2,"box":{"x":289,"y":107,"width":31,"height":6}},{"id":"570b7e6e-6de0-4a21-9526-75a7344e5513","block_type":"box","text":"2.18","page_number":2,"box":{"x":374,"y":107,"width":27,"height":6}},{"id":"c39bc992-4ffc-4adf-b984-0a80dbbf9b77","block_type":"box","text":"-0.15","page_number":2,"box":{"x":446,"y":107,"width":31,"height":6}},{"id":"89e794dc-3728-4aac-805f-5e402f3f549f","block_type":"box","text":"5 Year","page_number":2,"box":{"x":47,"y":123,"width":34,"height":6}},{"id":"abc94ca3-2a76-4b6e-896d-d7755feb2351","block_type":"box","text":"-1.63","page_number":2,"box":{"x":132,"y":123,"width":31,"height":6}},{"id":"945cee9f-ceb0-4f9e-8be0-61b8285e0977","block_type":"box","text":"-1.66","page_number":2,"box":{"x":213,"y":123,"width":31,"height":6}},{"id":"d5dbffcb-c4ed-46e4-8ff6-89a0bb716b29","block_type":"box","text":"-0.03","page_number":2,"box":{"x":289,"y":123,"width":31,"height":6}},{"id":"ad758e37-096e-4434-9cb8-3c12900cd5b6","block_type":"box","text":"-1.76","page_number":2,"box":{"x":370,"y":123,"width":31,"height":6}},{"id":"073e198c-e652-4bd9-ae95-0cd376374b03","block_type":"box","text":"-0.13","page_number":2,"box":{"x":446,"y":123,"width":31,"height":6}},{"id":"a6880d20-b02f-465f-8319-07fc31b68947","block_type":"box","text":"10 Year","page_number":2,"box":{"x":47,"y":139,"width":42,"height":6}},{"id":"d17df1bb-c94a-4caf-b754-c8e62efdddcc","block_type":"box","text":"-","page_number":2,"box":{"x":160,"y":142,"width":3,"height":1}},{"id":"044bc07c-a674-4520-8555-722aca106182","block_type":"box","text":"-","page_number":2,"box":{"x":241,"y":142,"width":3,"height":1}},{"id":"c5b5d4ef-3bfd-4c8e-916e-33d573dd42a0","block_type":"box","text":"-","page_number":2,"box":{"x":317,"y":142,"width":3,"height":1}},{"id":"376a49a9-17b8-42af-a1c2-8160e750cdd7","block_type":"box","text":"-","page_number":2,"box":{"x":398,"y":142,"width":3,"height":1}},{"id":"298bc9b5-f1b8-4012-99c3-f92919c1a44a","block_type":"box","text":"-","page_number":2,"box":{"x":474,"y":142,"width":3,"height":1}},{"id":"69f74856-94d2-4628-82b8-95f321f1f4bc","block_type":"box","text":"Since","page_number":2,"box":{"x":46,"y":155,"width":30,"height":6}},{"id":"ed78dc89-23e1-4eea-b87e-a5b054f444be","block_type":"box","text":"Inception","page_number":2,"box":{"x":47,"y":166,"width":48,"height":8}},{"id":"d4cf9012-c717-44ea-bc95-a785cf485b12","block_type":"box","text":"-0.07","page_number":2,"box":{"x":132,"y":155,"width":31,"height":6}},{"id":"909b1f97-2b60-431d-9cb1-24d3fad21051","block_type":"box","text":"-0.12","page_number":2,"box":{"x":213,"y":155,"width":31,"height":6}},{"id":"f78f3487-bf87-4123-bd67-0bdd311552e2","block_type":"box","text":"-0.05","page_number":2,"box":{"x":289,"y":155,"width":31,"height":6}},{"id":"77b9d0f3-9ad9-46e6-9fd9-0907b4ee2e6b","block_type":"box","text":"-0.22","page_number":2,"box":{"x":370,"y":155,"width":31,"height":6}},{"id":"910a3841-631e-4f58-a863-39b9397c08e8","block_type":"box","text":"-0.15","page_number":2,"box":{"x":446,"y":155,"width":31,"height":6}},{"id":"51485fbe-35f9-434f-a5f6-eac4cb311dc3","block_type":"box","text":"Cumulative Performance (%)","page_number":2,"box":{"x":46,"y":183,"width":165,"height":7}},{"id":"98bed07c-f1fb-4598-bbf1-400f32d0e335","block_type":"box","text":"1 Month","page_number":2,"box":{"x":47,"y":199,"width":43,"height":6}},{"id":"2e810560-2f12-4497-bb30-28657ca0b4bb","block_type":"box","text":"-1.80","page_number":2,"box":{"x":132,"y":199,"width":31,"height":6}},{"id":"c58a4bab-4c8d-42a8-8e45-84356076675d","block_type":"box","text":"-1.80","page_number":2,"box":{"x":213,"y":199,"width":31,"height":6}},{"id":"dd2c6be8-de53-41c2-a72f-5300ceb1b989","block_type":"box","text":"0.00","page_number":2,"box":{"x":293,"y":199,"width":27,"height":6}},{"id":"b158f3df-5229-45fb-bf35-58a17b253e34","block_type":"box","text":"-1.81","page_number":2,"box":{"x":370,"y":199,"width":31,"height":6}},{"id":"273c80b9-bd32-4f9c-9813-2a80df35b315","block_type":"box","text":"-0.01","page_number":2,"box":{"x":446,"y":199,"width":31,"height":6}},{"id":"6fa43551-afa0-4546-8ae8-a54a57417891","block_type":"box","text":"3 Month","page_number":2,"box":{"x":47,"y":215,"width":43,"height":6}},{"id":"9e6f32f2-b5f7-4a0d-8265-6f6a9b273186","block_type":"box","text":"-2.93","page_number":2,"box":{"x":132,"y":215,"width":31,"height":6}},{"id":"23030177-4c06-407a-9f8f-77e0ec7a0a15","block_type":"box","text":"-2.92","page_number":2,"box":{"x":213,"y":215,"width":31,"height":6}},{"id":"6e4b3ea7-53bf-4e3d-affe-6ba66fa9f72d","block_type":"box","text":"0.01","page_number":2,"box":{"x":293,"y":215,"width":27,"height":6}},{"id":"6ce30080-af94-4e3e-82af-92baccfd512f","block_type":"box","text":"-2.94","page_number":2,"box":{"x":370,"y":215,"width":31,"height":6}},{"id":"1f26e73f-c6c3-441d-a1d2-a92b8a5d9fd7","block_type":"box","text":"-0.01","page_number":2,"box":{"x":446,"y":215,"width":31,"height":6}},{"id":"400a7420-dfbb-4866-80de-bcfcd81bc9e1","block_type":"box","text":"1 Year","page_number":2,"box":{"x":47,"y":231,"width":34,"height":6}},{"id":"27b6e128-a555-4a3e-893a-6d225a264cb0","block_type":"box","text":"-2.43","page_number":2,"box":{"x":132,"y":231,"width":31,"height":6}},{"id":"6de4b11e-630c-4f91-8227-87612bc08f84","block_type":"box","text":"-2.34","page_number":2,"box":{"x":213,"y":231,"width":31,"height":6}},{"id":"393f8d82-5666-448a-9376-b2f813b2b11f","block_type":"box","text":"0.08","page_number":2,"box":{"x":293,"y":231,"width":27,"height":6}},{"id":"e1904d4a-0366-4b68-8dd8-94412975cdfb","block_type":"box","text":"-2.44","page_number":2,"box":{"x":370,"y":231,"width":31,"height":6}},{"id":"a368e0d1-6e2e-4c87-a606-8d601f3c1a8e","block_type":"box","text":"-0.01","page_number":2,"box":{"x":446,"y":231,"width":31,"height":6}},{"id":"41d5ab57-f403-4249-a28b-47d31cb66ffb","block_type":"box","text":"2 Year","page_number":2,"box":{"x":47,"y":247,"width":34,"height":6}},{"id":"dd970642-bc66-4847-956a-b151ef0f88c4","block_type":"box","text":"-1.46","page_number":2,"box":{"x":132,"y":247,"width":31,"height":6}},{"id":"74b0d465-633c-48d6-8de5-c119e87c5a11","block_type":"box","text":"-1.42","page_number":2,"box":{"x":213,"y":247,"width":31,"height":6}},{"id":"80aef010-fcb1-4c19-9cb6-66d84b9a828a","block_type":"box","text":"0.04","page_number":2,"box":{"x":293,"y":247,"width":27,"height":6}},{"id":"84b46fba-80da-401e-935b-6749360d3d98","block_type":"box","text":"-1.62","page_number":2,"box":{"x":370,"y":247,"width":31,"height":6}},{"id":"db926a5c-2c0b-4264-a081-957b2de0985d","block_type":"box","text":"-0.16","page_number":2,"box":{"x":446,"y":247,"width":31,"height":6}},{"id":"36a4143e-4a2f-49ae-a2ca-66a75c2dff46","block_type":"box","text":"3 Year","page_number":2,"box":{"x":47,"y":263,"width":34,"height":6}},{"id":"a97da26e-e640-4f79-82c6-f59f93b23361","block_type":"box","text":"7.14","page_number":2,"box":{"x":136,"y":263,"width":27,"height":6}},{"id":"5d181ca5-6d0e-497c-b35e-326bfff13158","block_type":"box","text":"7.00","page_number":2,"box":{"x":217,"y":263,"width":27,"height":6}},{"id":"74bbab6c-004c-4265-856d-41dd45a80d93","block_type":"box","text":"-0.14","page_number":2,"box":{"x":289,"y":263,"width":31,"height":6}},{"id":"343bb666-5f9f-4b36-a514-f895ba24bbc3","block_type":"box","text":"6.68","page_number":2,"box":{"x":374,"y":263,"width":27,"height":6}},{"id":"3af1f1a0-1f5d-407a-938c-f837743d1621","block_type":"box","text":"-0.46","page_number":2,"box":{"x":446,"y":263,"width":31,"height":6}},{"id":"e6e67ca6-78e5-4885-91fd-dca86177998b","block_type":"box","text":"5 Year","page_number":2,"box":{"x":47,"y":279,"width":34,"height":6}},{"id":"3d274dab-79f3-44fd-ab3e-5dcba38a2570","block_type":"box","text":"-7.88","page_number":2,"box":{"x":132,"y":279,"width":31,"height":6}},{"id":"ca99ce17-1083-478c-a9fd-473206f35da5","block_type":"box","text":"-8.01","page_number":2,"box":{"x":213,"y":279,"width":30,"height":6}},{"id":"32cd4fc8-0889-4e0a-85ae-6c1a438242eb","block_type":"box","text":"-0.13","page_number":2,"box":{"x":289,"y":279,"width":31,"height":6}},{"id":"2fe15079-166e-44b7-be84-085aff316504","block_type":"box","text":"-8.47","page_number":2,"box":{"x":370,"y":279,"width":31,"height":6}},{"id":"d787c795-cc22-434f-ae30-308a775e9276","block_type":"box","text":"-0.59","page_number":2,"box":{"x":446,"y":279,"width":31,"height":6}},{"id":"8fdd39ae-c662-4633-94bd-c975c5bf966b","block_type":"box","text":"10 Year","page_number":2,"box":{"x":47,"y":295,"width":42,"height":7}},{"id":"0d8e894f-0eb4-41b1-b3b2-51ed1ccd262a","block_type":"box","text":"-","page_number":2,"box":{"x":160,"y":299,"width":3,"height":0}},{"id":"7b6466e6-e47d-4c8b-9f71-a6e430412f6c","block_type":"box","text":"-","page_number":2,"box":{"x":241,"y":299,"width":3,"height":0}},{"id":"9c8a5dde-78da-4932-8b1f-19f6e812ee6f","block_type":"box","text":"-","page_number":2,"box":{"x":317,"y":299,"width":3,"height":0}},{"id":"36284e00-9e84-4d28-bd56-6872a37f06da","block_type":"box","text":"-","page_number":2,"box":{"x":398,"y":299,"width":3,"height":0}},{"id":"2506c9b5-8f76-40fb-9c05-d65fd8c13ca2","block_type":"box","text":"-","page_number":2,"box":{"x":474,"y":299,"width":3,"height":0}},{"id":"94b9dacb-693b-4fa1-b23d-9ae09d73dd7a","block_type":"box","text":"Since","page_number":2,"box":{"x":46,"y":311,"width":30,"height":7}},{"id":"dfd2bd13-c979-4146-aa25-9b21435dea89","block_type":"box","text":"Inception","page_number":2,"box":{"x":47,"y":322,"width":48,"height":8}},{"id":"c9fab8cb-5228-4683-9863-f495301d0a0b","block_type":"box","text":"-0.58","page_number":2,"box":{"x":132,"y":311,"width":31,"height":7}},{"id":"7c6bb7c9-95ba-43ac-ae1a-15f0db4f80b2","block_type":"box","text":"-1.02","page_number":2,"box":{"x":213,"y":311,"width":31,"height":7}},{"id":"1f52e339-3ad7-4bf4-8672-176198c3ec5c","block_type":"box","text":"-0.44","page_number":2,"box":{"x":289,"y":311,"width":31,"height":7}},{"id":"da1d3e5f-42ec-4776-ace1-c906f94b12ce","block_type":"box","text":"-1.87","page_number":2,"box":{"x":370,"y":311,"width":31,"height":7}},{"id":"826e55a5-e021-4915-bc05-e1ffde52366f","block_type":"box","text":"-1.29","page_number":2,"box":{"x":446,"y":311,"width":31,"height":7}},{"id":"2021910c-21e3-406f-acb0-b846eaf85c2b","block_type":"box","text":"Calendar Performance (%)","page_number":2,"box":{"x":46,"y":339,"width":152,"height":7}},{"id":"b62dbd83-0274-4279-af97-4f797241c9ac","block_type":"box","text":"2026","page_number":2,"box":{"x":47,"y":355,"width":30,"height":6}},{"id":"be58823f-569c-48a4-ab04-7e0b56a9c446","block_type":"box","text":"-2.67","page_number":2,"box":{"x":132,"y":355,"width":31,"height":6}},{"id":"b862a693-a799-4a5f-9a3e-7b0f30d85243","block_type":"box","text":"-2.60","page_number":2,"box":{"x":213,"y":355,"width":31,"height":6}},{"id":"4b7d807e-c841-4bcf-9f90-50f3bba47ffd","block_type":"box","text":"0.08","page_number":2,"box":{"x":293,"y":355,"width":27,"height":6}},{"id":"35bc7be3-b1f2-4a69-9d95-044ef9baf70b","block_type":"box","text":"-2.67","page_number":2,"box":{"x":370,"y":355,"width":31,"height":6}},{"id":"f982e381-d652-45e6-af68-de9ab19f1332","block_type":"box","text":"0.00","page_number":2,"box":{"x":450,"y":355,"width":27,"height":6}},{"id":"584dfa1d-11dc-435a-b1ad-79248f195bc5","block_type":"box","text":"2025","page_number":2,"box":{"x":47,"y":371,"width":30,"height":6}},{"id":"bc9635d0-5e1a-4723-a554-436ffc3cd039","block_type":"box","text":"2.68","page_number":2,"box":{"x":136,"y":371,"width":27,"height":6}},{"id":"c03e6ac1-a338-4044-85c6-dbe57e23ffa4","block_type":"box","text":"2.66","page_number":2,"box":{"x":217,"y":371,"width":27,"height":6}},{"id":"fba74323-9736-446a-bc5c-cd625c98dffd","block_type":"box","text":"-0.01","page_number":2,"box":{"x":289,"y":371,"width":31,"height":6}},{"id":"90023781-b6e0-40e1-8cd7-5d94088ba997","block_type":"box","text":"2.56","page_number":2,"box":{"x":374,"y":371,"width":27,"height":6}},{"id":"ed411c73-19e3-40f6-9f08-6b6fb23577c1","block_type":"box","text":"-0.12","page_number":2,"box":{"x":446,"y":371,"width":31,"height":6}},{"id":"1880bad1-f1ad-4274-85e8-a3adce7d6c51","block_type":"box","text":"2024","page_number":2,"box":{"x":47,"y":387,"width":31,"height":6}},{"id":"3aaf7a5f-6c24-4cac-95ce-4cdc38a94fb5","block_type":"box","text":"1.68","page_number":2,"box":{"x":137,"y":387,"width":26,"height":6}},{"id":"89568b4c-e7bb-4051-8814-e77f1146bf3f","block_type":"box","text":"1.52","page_number":2,"box":{"x":218,"y":387,"width":26,"height":6}},{"id":"61076e1a-b3ac-47fb-a070-d868912d243f","block_type":"box","text":"-0.15","page_number":2,"box":{"x":289,"y":387,"width":31,"height":6}},{"id":"9bf5ae64-26be-47e6-9837-56493a24e013","block_type":"box","text":"1.42","page_number":2,"box":{"x":375,"y":387,"width":26,"height":6}},{"id":"871417ce-5bdd-42cb-92d3-72237f928094","block_type":"box","text":"-0.26","page_number":2,"box":{"x":446,"y":387,"width":31,"height":6}},{"id":"885f8ff0-87be-490d-a364-9ea89e38fae8","block_type":"box","text":"2023","page_number":2,"box":{"x":47,"y":403,"width":30,"height":7}},{"id":"50c1821c-cbde-475a-889b-7c85a08e7805","block_type":"box","text":"4.73","page_number":2,"box":{"x":136,"y":403,"width":27,"height":7}},{"id":"c69588fc-261d-431c-a5e6-5b0b9ba8450e","block_type":"box","text":"4.59","page_number":2,"box":{"x":217,"y":403,"width":27,"height":7}},{"id":"645f125f-dc57-475d-90e0-2bb4c6c9089f","block_type":"box","text":"-0.15","page_number":2,"box":{"x":289,"y":403,"width":31,"height":7}},{"id":"0f48cf47-0829-4a3d-a190-579f15a02ab2","block_type":"box","text":"4.48","page_number":2,"box":{"x":374,"y":403,"width":27,"height":7}},{"id":"8d604920-9d98-4eff-b542-1e53c2415a7d","block_type":"box","text":"-0.25","page_number":2,"box":{"x":446,"y":403,"width":31,"height":7}},{"id":"9504f839-c055-4251-8880-cb034b771533","block_type":"box","text":"2022","page_number":2,"box":{"x":47,"y":419,"width":30,"height":7}},{"id":"7c3bafa1-5ba5-4c93-bdf2-3776a0414fa2","block_type":"box","text":"-13.27","page_number":2,"box":{"x":124,"y":419,"width":39,"height":7}},{"id":"d9b3cf77-3762-47e6-b703-da243ff87158","block_type":"box","text":"-13.23","page_number":2,"box":{"x":205,"y":419,"width":39,"height":7}},{"id":"09a126a3-c65f-40af-aa62-d512bb873a9e","block_type":"box","text":"0.04","page_number":2,"box":{"x":293,"y":419,"width":27,"height":7}},{"id":"2dd26e43-d405-4c8a-8b2c-a461bdeccb5e","block_type":"box","text":"-13.31","page_number":2,"box":{"x":362,"y":419,"width":39,"height":7}},{"id":"0a6b09d7-21f8-4d4a-89e1-d2fbea61cd42","block_type":"box","text":"-0.05","page_number":2,"box":{"x":446,"y":419,"width":31,"height":7}},{"id":"a269d45e-8544-4bad-a8c5-6391161f74e5","block_type":"box","text":"2021","page_number":2,"box":{"x":47,"y":435,"width":30,"height":7}},{"id":"42332ac4-41f8-48c9-89f0-d15a06e6e20b","block_type":"box","text":"-2.23","page_number":2,"box":{"x":132,"y":435,"width":31,"height":7}},{"id":"8971262a-116e-4b11-8915-a52361f00e69","block_type":"box","text":"-2.24","page_number":2,"box":{"x":213,"y":435,"width":31,"height":7}},{"id":"d35882e9-2c19-44a4-96ea-321654b4d82a","block_type":"box","text":"-0.01","page_number":2,"box":{"x":289,"y":435,"width":31,"height":7}},{"id":"bf7d0822-b395-4367-b32a-bb91820c784f","block_type":"box","text":"-2.34","page_number":2,"box":{"x":370,"y":435,"width":31,"height":7}},{"id":"86563b61-e3fb-45d0-b86b-bbc67d22db8c","block_type":"box","text":"-0.11","page_number":2,"box":{"x":446,"y":435,"width":31,"height":7}},{"id":"4390487d-cfe1-46bf-be8f-184b47527d4e","block_type":"box","text":"Fund (%)","page_number":2,"box":{"x":428,"y":468,"width":50,"height":7}},{"id":"80492e7f-b2b9-4d21-92f1-fc5476362cdd","block_type":"box","text":"Standard Deviation (3 Years)","page_number":2,"box":{"x":46,"y":485,"width":164,"height":7}},{"id":"baed5f82-5b6c-44a3-b899-f88c754cab35","block_type":"box","text":"4.00","page_number":2,"box":{"x":451,"y":485,"width":27,"height":6}},{"id":"8c38a4a3-ec16-45e2-92bc-a955af784033","block_type":"box","text":"Annualised Tracking Error (3 Years)","page_number":2,"box":{"x":46,"y":501,"width":204,"height":8}},{"id":"9aa71343-4b8a-4c13-a2dc-c007b931707c","block_type":"box","text":"0.06","page_number":2,"box":{"x":451,"y":501,"width":27,"height":6}},{"id":"ebadea73-b563-405a-b5e2-74e4a7a5c231","block_type":"box","text":"Past performance is not an indicator of future performance. The Gross of fees do not","page_number":2,"box":{"x":47,"y":517,"width":435,"height":8}},{"id":"605aba0e-c0e7-4354-abe6-c434d7fdc5f2","block_type":"box","text":"reflect and net of fees do reflect commissions and costs incurred on the issue and","page_number":2,"box":{"x":47,"y":528,"width":418,"height":6}},{"id":"ef5d0a04-4255-4139-9f0c-d2e10bcda59a","block_type":"box","text":"redemption, or purchases and sale, of units. If the performance is calculated on the","page_number":2,"box":{"x":47,"y":539,"width":423,"height":7}},{"id":"26de0118-a149-455c-a24a-32b9b43bb3e1","block_type":"box","text":"basis of Gross/net asset values that are not denominated in the accounting currency","page_number":2,"box":{"x":47,"y":549,"width":433,"height":8}},{"id":"500b4efd-fdd6-4c7d-b98b-b236f84ca04a","block_type":"box","text":"of the collective investment scheme, its value may rise or fall as a result of currency","page_number":2,"box":{"x":46,"y":560,"width":426,"height":8}},{"id":"4238bb0a-082b-480a-8789-b9cffe4f903e","block_type":"box","text":"fluctuations.","page_number":2,"box":{"x":46,"y":571,"width":63,"height":6}},{"id":"2c2b9896-f44c-43dc-8cdb-4adf77f55a26","block_type":"box","text":"When the Fund is closed according to its official Net Asset Value (NAV) calendar","page_number":2,"box":{"x":46,"y":581,"width":412,"height":8}},{"id":"f0b55fa6-91d5-4190-a12f-46598383b984","block_type":"box","text":"but, nonetheless, a significant portion of the underlying security prices can be","page_number":2,"box":{"x":47,"y":592,"width":396,"height":8}},{"id":"1966f5ca-5c81-43a9-94dd-f154e0bc34cc","block_type":"box","text":"determined, a Technical NAV is calculated. Past Performance indicated herein has","page_number":2,"box":{"x":46,"y":603,"width":423,"height":7}},{"id":"f473f1ce-59a3-4bf5-ad5c-7d9861fc67e6","block_type":"box","text":"therefore been calculated using a Technical NAV when required, as well as the official","page_number":2,"box":{"x":46,"y":614,"width":437,"height":7}},{"id":"203a1db7-c594-4af8-b5dc-91d6d83d4756","block_type":"box","text":"NAV of the Fund as at each other business day for the relevant period.","page_number":2,"box":{"x":47,"y":624,"width":357,"height":8}},{"id":"3400b590-5f05-40f5-bc25-0fa597e05899","block_type":"box","text":"Calendar year inception performance returns will be partial for the year where the","page_number":2,"box":{"x":46,"y":635,"width":419,"height":8}},{"id":"5b194966-1266-4e1f-a507-c0216b331f77","block_type":"box","text":"inception date for either the Fund in question or the historic performance-linked Fund","page_number":2,"box":{"x":47,"y":646,"width":437,"height":7}},{"id":"b31a7772-d771-46d0-b8a4-dcabdac344a5","block_type":"box","text":"(whichever is the earliest) falls within that period.","page_number":2,"box":{"x":46,"y":656,"width":248,"height":8}},{"id":"21bf36c8-42cf-428d-9920-e0f743e56fd2","block_type":"box","text":"Characteristics","page_number":2,"box":{"x":46,"y":687,"width":88,"height":6}},{"id":"f5c9bfbe-745f-430f-af95-a9202eebc999","block_type":"box","text":"Number of Holdings","page_number":2,"box":{"x":47,"y":703,"width":105,"height":8}},{"id":"ac9a90fa-935c-413e-9b6d-e58afbd07436","block_type":"box","text":"10,232","page_number":2,"box":{"x":290,"y":703,"width":42,"height":8}},{"id":"ef2ae9ed-783b-4c5c-8f41-f822cc3cd7a7","block_type":"box","text":"Average Maturity in Years","page_number":2,"box":{"x":46,"y":720,"width":136,"height":7}},{"id":"93ab2188-e38f-4958-b86b-4e55b384f440","block_type":"box","text":"8.01","page_number":2,"box":{"x":289,"y":720,"width":26,"height":6}},{"id":"8add50e9-af11-4900-9d86-3af768484386","block_type":"box","text":"Effective Convexity","page_number":2,"box":{"x":47,"y":736,"width":102,"height":7}},{"id":"3b1a7739-b8f8-4a81-a7bb-56f02a857c0d","block_type":"box","text":"0.69%","page_number":2,"box":{"x":289,"y":736,"width":37,"height":6}},{"id":"b4b0ddb2-0b51-45b8-a087-e41a96a48fdc","block_type":"box","text":"Effective Duration","page_number":2,"box":{"x":47,"y":752,"width":94,"height":6}},{"id":"24f6bef5-7e2c-4709-a7a8-1b9778f70a3b","block_type":"box","text":"6.08","page_number":2,"box":{"x":289,"y":752,"width":27,"height":6}},{"id":"96809ad0-b68c-49fd-a81c-0d8f113105c3","block_type":"box","text":"Yield to Maturity","page_number":2,"box":{"x":46,"y":768,"width":87,"height":8}},{"id":"aab8b5a0-12ec-41c0-a3a9-65e3d78a1987","block_type":"box","text":"4.45%","page_number":2,"box":{"x":289,"y":768,"width":37,"height":6}},{"id":"072c1986-2e73-4f15-8d46-b80eae4d6d18","block_type":"box","text":"†Distribution Yield","page_number":2,"box":{"x":46,"y":784,"width":95,"height":6}},{"id":"2f4376ed-ae20-4639-8836-da08388a608e","block_type":"box","text":"3.44%","page_number":2,"box":{"x":289,"y":784,"width":37,"height":6}},{"id":"f567df55-5726-4d26-95a4-4ad08ad92f16","block_type":"box","text":"† This measures the 12 month historical dividend pay-out per share divided by the","page_number":2,"box":{"x":46,"y":802,"width":417,"height":8}},{"id":"c82cb4b0-d8a3-4f4f-afa2-f4cf49cebccd","block_type":"box","text":"NAV.","page_number":2,"box":{"x":47,"y":813,"width":24,"height":6}},{"id":"b9d576bb-28a2-4d2f-b591-156774a519f9","block_type":"box","text":"Source: State Street Investment Management Characteristics, holdings, country","page_number":2,"box":{"x":46,"y":826,"width":413,"height":7}},{"id":"96f37560-fe1e-41af-a8fe-e00fb33fe916","block_type":"box","text":"allocations and sectors shown are as of date indicated at the top of this factsheet","page_number":2,"box":{"x":46,"y":836,"width":416,"height":8}},{"id":"74f4920d-8a99-4750-9c6a-0b8482f9dccc","block_type":"box","text":"and are subject to change. Any reference to a specific company or security does not","page_number":2,"box":{"x":46,"y":847,"width":433,"height":8}},{"id":"25e6a42b-18ca-4b49-bce2-e9e23b42ec82","block_type":"box","text":"constitute a recommendation to buy, sell, hold or invest directly in such company or","page_number":2,"box":{"x":46,"y":858,"width":428,"height":7}},{"id":"9b10e8a3-9ded-404f-a0bc-6b752f3ae835","block_type":"box","text":"securities.","page_number":2,"box":{"x":46,"y":868,"width":52,"height":7}},{"id":"e56db8f7-c02b-487f-a991-6e5835d0d92a","block_type":"box","text":"Top 10 Holdings","page_number":2,"box":{"x":515,"y":43,"width":92,"height":7}},{"id":"c45f051d-6829-4a5d-b204-23352d729702","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":885,"y":42,"width":61,"height":8}},{"id":"eaf9dba4-57e9-4bf7-81a2-eee5b5b15c87","block_type":"box","text":"US TREASURY N/B 4.25 08/15/2035","page_number":2,"box":{"x":515,"y":59,"width":211,"height":7}},{"id":"294b01d0-5b72-41c4-b479-8fe096baa176","block_type":"box","text":"0.23","page_number":2,"box":{"x":919,"y":59,"width":27,"height":6}},{"id":"0b216634-2ec7-4a78-81a2-bf6627d0bc08","block_type":"box","text":"US TREASURY N/B 3.75 04/15/2028","page_number":2,"box":{"x":515,"y":75,"width":211,"height":7}},{"id":"5e4c93f2-88b7-46d6-a2bc-344869769db6","block_type":"box","text":"0.21","page_number":2,"box":{"x":919,"y":75,"width":27,"height":6}},{"id":"4c04d30b-831b-4ed1-b874-23bd7910a7ba","block_type":"box","text":"US TREASURY N/B 4 11/15/2035","page_number":2,"box":{"x":515,"y":91,"width":191,"height":7}},{"id":"65cc6b4d-1ee1-4b59-910e-6d71ac603654","block_type":"box","text":"0.21","page_number":2,"box":{"x":919,"y":91,"width":27,"height":7}},{"id":"a7ce4ffe-de1d-4962-9a4d-41243caeffd4","block_type":"box","text":"US TREASURY N/B 0.625 05/15/2030","page_number":2,"box":{"x":515,"y":107,"width":220,"height":7}},{"id":"c94cae60-d98f-49cf-97be-2273ab2ccf43","block_type":"box","text":"0.21","page_number":2,"box":{"x":919,"y":107,"width":27,"height":7}},{"id":"6bd82a56-d1b7-4192-b799-b8049468a6b1","block_type":"box","text":"CHINA GOVERNMENT BOND 1.83 08/25/2035","page_number":2,"box":{"x":515,"y":123,"width":268,"height":7}},{"id":"56544340-5cfe-4665-8585-cd1dd3dc7408","block_type":"box","text":"0.20","page_number":2,"box":{"x":919,"y":123,"width":27,"height":7}},{"id":"5bb6feb3-2601-4396-b2e4-72cdc575f4c1","block_type":"box","text":"US TREASURY N/B 4.375 05/15/2034","page_number":2,"box":{"x":515,"y":139,"width":220,"height":7}},{"id":"4e62487e-f32c-4af0-9f26-b7d1d5fe0b0e","block_type":"box","text":"0.20","page_number":2,"box":{"x":919,"y":140,"width":27,"height":6}},{"id":"58fc0d2d-732c-45d0-9a32-2a4a2197c298","block_type":"box","text":"CHINA GOVERNMENT BOND 1.78 11/15/2035","page_number":2,"box":{"x":515,"y":156,"width":268,"height":7}},{"id":"c23aa6a7-bed6-4482-beb7-ecb1b5c93aff","block_type":"box","text":"0.20","page_number":2,"box":{"x":919,"y":156,"width":27,"height":6}},{"id":"37c734a2-d7d4-4b28-b26e-a41ad28191eb","block_type":"box","text":"US TREASURY N/B 3.875 06/30/2030","page_number":2,"box":{"x":515,"y":172,"width":220,"height":7}},{"id":"ea835920-275b-4d97-ad07-c7a14c79aa7d","block_type":"box","text":"0.20","page_number":2,"box":{"x":919,"y":172,"width":27,"height":6}},{"id":"3213cb1e-60e2-4516-b6aa-28cfb69d3e2f","block_type":"box","text":"CHINA GOVERNMENT BOND 1.79 03/25/2032","page_number":2,"box":{"x":515,"y":188,"width":268,"height":7}},{"id":"0e44ddf6-63af-49be-804e-c7fe74e63e8d","block_type":"box","text":"0.19","page_number":2,"box":{"x":919,"y":188,"width":27,"height":6}},{"id":"f51711cd-369e-4a2b-8f99-53dff262eb05","block_type":"box","text":"US TREASURY N/B 4.625 02/15/2035","page_number":2,"box":{"x":515,"y":204,"width":219,"height":7}},{"id":"85fc7909-c02d-4e35-9ac9-27a415ec9571","block_type":"box","text":"0.18","page_number":2,"box":{"x":919,"y":204,"width":27,"height":6}},{"id":"aca9556d-dea5-4994-ace9-8325e9e9a9ac","block_type":"box","text":"Credit Quality Breakdown","page_number":2,"box":{"x":515,"y":240,"width":147,"height":8}},{"id":"d5475eb7-f92f-42a8-9786-13bbfde11524","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":885,"y":240,"width":61,"height":8}},{"id":"35b3b487-d202-42c6-8a03-d171637a9544","block_type":"box","text":"Aaa","page_number":2,"box":{"x":515,"y":257,"width":21,"height":6}},{"id":"3fa707db-5fb1-466f-a90d-d6607b794e6e","block_type":"box","text":"11.92","page_number":2,"box":{"x":912,"y":257,"width":34,"height":6}},{"id":"9436d5be-16e9-452f-84c8-308b79f7ac35","block_type":"box","text":"Aa","page_number":2,"box":{"x":515,"y":273,"width":15,"height":6}},{"id":"439234ed-f913-4302-9a67-3a813998555f","block_type":"box","text":"38.42","page_number":2,"box":{"x":912,"y":273,"width":34,"height":6}},{"id":"aff02299-6163-4ace-9393-893583f215b1","block_type":"box","text":"A","page_number":2,"box":{"x":515,"y":289,"width":8,"height":6}},{"id":"3db8353c-109a-4423-a8ee-6357a424016e","block_type":"box","text":"35.42","page_number":2,"box":{"x":912,"y":289,"width":34,"height":6}},{"id":"331415be-18da-43a0-91de-9113c59aa0ee","block_type":"box","text":"Baa","page_number":2,"box":{"x":515,"y":305,"width":21,"height":6}},{"id":"b4c5cc15-a9ff-4c49-b152-63eaa5bd1d53","block_type":"box","text":"14.07","page_number":2,"box":{"x":912,"y":305,"width":34,"height":6}},{"id":"4857566f-dda9-420e-97c8-0477afdb9744","block_type":"box","text":"Not Rated","page_number":2,"box":{"x":515,"y":321,"width":53,"height":6}},{"id":"8c8e2346-4d73-49ac-bfd2-c4a5d854dc4b","block_type":"box","text":"0.17","page_number":2,"box":{"x":919,"y":321,"width":27,"height":6}},{"id":"134b30b9-0806-40bf-9fff-ecf4656ddfd0","block_type":"box","text":"Credit quality rating is based on an average of Moody's, S&P, and Fitch.","page_number":2,"box":{"x":515,"y":339,"width":362,"height":8}},{"id":"4bf413da-5c93-4b3f-863f-e93e2612b4d4","block_type":"box","text":"Sector Breakdown","page_number":2,"box":{"x":515,"y":370,"width":105,"height":6}},{"id":"4bc4350e-dc8e-4d04-9d20-ec7d2c8a3dda","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":885,"y":370,"width":61,"height":8}},{"id":"c90fe5e0-b998-41f8-a196-82f022eb1aba","block_type":"box","text":"Treasury","page_number":2,"box":{"x":515,"y":387,"width":47,"height":7}},{"id":"0fafde0f-c576-4c61-8a0b-a530125948d9","block_type":"box","text":"53.62","page_number":2,"box":{"x":912,"y":386,"width":34,"height":7}},{"id":"432b4ccf-1cfa-4040-a121-c76438e62f22","block_type":"box","text":"Mortgage Backed Securities","page_number":2,"box":{"x":515,"y":403,"width":150,"height":7}},{"id":"0f9619d3-0a01-4c89-b4a5-fa8e82bbb07c","block_type":"box","text":"10.90","page_number":2,"box":{"x":912,"y":403,"width":34,"height":6}},{"id":"08f85af5-3132-4fe9-ac4c-a18588aad6f7","block_type":"box","text":"Corporate - Industrial","page_number":2,"box":{"x":515,"y":419,"width":113,"height":7}},{"id":"fb927923-5fc0-4b52-8a1b-42063531f776","block_type":"box","text":"8.48","page_number":2,"box":{"x":920,"y":419,"width":26,"height":6}},{"id":"2e9a148a-52a7-4ea1-8c24-079cf7d0c1c4","block_type":"box","text":"Corporate - Finance","page_number":2,"box":{"x":515,"y":435,"width":107,"height":7}},{"id":"1aa13ebd-0ece-414f-b1b0-81ceaf5e2e93","block_type":"box","text":"7.09","page_number":2,"box":{"x":920,"y":435,"width":26,"height":6}},{"id":"ee4b2552-711c-497c-8028-3ba127fea06d","block_type":"box","text":"Agency","page_number":2,"box":{"x":515,"y":451,"width":40,"height":8}},{"id":"5563ab67-9582-48b4-a4e1-7a10b1c5ad79","block_type":"box","text":"6.47","page_number":2,"box":{"x":920,"y":451,"width":26,"height":6}},{"id":"cd1b712f-06d0-41a2-ba56-4d83a4839a3f","block_type":"box","text":"Non Corporates","page_number":2,"box":{"x":515,"y":467,"width":85,"height":8}},{"id":"a1e4f708-fd1c-4aa1-a198-99c0d2b1bb90","block_type":"box","text":"5.76","page_number":2,"box":{"x":920,"y":467,"width":26,"height":6}},{"id":"24ed06e3-0b6d-4a50-9690-009d871dd301","block_type":"box","text":"Corporate - Utility","page_number":2,"box":{"x":515,"y":483,"width":95,"height":8}},{"id":"0c8bae1e-0402-441b-854a-5094ee25466a","block_type":"box","text":"1.88","page_number":2,"box":{"x":920,"y":483,"width":26,"height":6}},{"id":"39ef9b2c-3b8e-45c6-9f76-d01e42d6a1d8","block_type":"box","text":"CMBS","page_number":2,"box":{"x":515,"y":499,"width":34,"height":6}},{"id":"3776bd94-1d51-48f5-9ee8-d622fe379a22","block_type":"box","text":"0.58","page_number":2,"box":{"x":919,"y":499,"width":27,"height":6}},{"id":"4978e2b9-29a5-49fe-a198-68145594dffb","block_type":"box","text":"Cash","page_number":2,"box":{"x":515,"y":515,"width":27,"height":6}},{"id":"f5c8e3b7-86d1-4d62-bbe1-1f7790cf99c6","block_type":"box","text":"0.45","page_number":2,"box":{"x":919,"y":515,"width":27,"height":6}},{"id":"1a37dc6c-76b3-43c6-a3c3-75251feb12ac","block_type":"box","text":"Asset Backed Securities","page_number":2,"box":{"x":515,"y":531,"width":129,"height":6}},{"id":"6e2e77f8-67a9-4756-b711-ef9cb6549721","block_type":"box","text":"0.05","page_number":2,"box":{"x":919,"y":531,"width":27,"height":6}},{"id":"3f8af0e2-3a41-423c-846b-43b3b0536c5d","block_type":"box","text":"Other","page_number":2,"box":{"x":515,"y":547,"width":31,"height":7}},{"id":"accb4395-82dc-4fba-81cb-4311573713ec","block_type":"box","text":"4.71","page_number":2,"box":{"x":919,"y":547,"width":27,"height":6}},{"id":"62cb6f08-4a96-4ec9-af63-0a121d308162","block_type":"box","text":"Maturity Breakdown","page_number":2,"box":{"x":515,"y":584,"width":116,"height":7}},{"id":"407d5b81-3dc0-4878-b479-7cfa87f690e5","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":885,"y":583,"width":61,"height":8}},{"id":"66b3cfcb-3a8b-457f-a38a-c29da9a8c0fa","block_type":"box","text":"0 - 1 Year","page_number":2,"box":{"x":515,"y":600,"width":52,"height":6}},{"id":"a13a4e6c-6ae8-4682-9fdd-7ed39d0ea5f3","block_type":"box","text":"0.65","page_number":2,"box":{"x":919,"y":600,"width":27,"height":6}},{"id":"9a35bc22-e9f5-421a-af3f-c8760789babe","block_type":"box","text":"1 - 3 Years","page_number":2,"box":{"x":516,"y":616,"width":57,"height":6}},{"id":"8119567b-108a-4a10-9fe7-4c8ef5ce23cf","block_type":"box","text":"24.49","page_number":2,"box":{"x":912,"y":616,"width":34,"height":6}},{"id":"0038e476-04c9-464d-a636-bc2a05cd3504","block_type":"box","text":"3 - 5 Years","page_number":2,"box":{"x":515,"y":632,"width":58,"height":7}},{"id":"ca0183c2-5bd4-4d5d-99d2-6dd3d3567ce5","block_type":"box","text":"19.79","page_number":2,"box":{"x":912,"y":632,"width":34,"height":7}},{"id":"37d50cac-db8d-42f0-a5c2-ae749614c76d","block_type":"box","text":"5 - 7 Years","page_number":2,"box":{"x":515,"y":649,"width":58,"height":6}},{"id":"5b159e82-f26a-470a-bacf-fb730b52a67f","block_type":"box","text":"13.29","page_number":2,"box":{"x":912,"y":648,"width":34,"height":7}},{"id":"315cbe91-db72-43ea-a7b1-79c28ca2d512","block_type":"box","text":"7 - 10 Years","page_number":2,"box":{"x":515,"y":665,"width":66,"height":6}},{"id":"ba8803d6-2d06-4217-8a92-a69df6182006","block_type":"box","text":"22.17","page_number":2,"box":{"x":912,"y":665,"width":34,"height":6}},{"id":"3bc27936-e151-4eee-bd56-1189430dc4de","block_type":"box","text":"10 - 20 Years","page_number":2,"box":{"x":516,"y":681,"width":73,"height":6}},{"id":"f89a4df0-c9a5-490c-97af-6ff29208b6e3","block_type":"box","text":"10.14","page_number":2,"box":{"x":912,"y":681,"width":35,"height":6}},{"id":"5cac691c-f0ec-4dd8-83d7-517c89793b6a","block_type":"box","text":"> 20 Years","page_number":2,"box":{"x":516,"y":697,"width":58,"height":6}},{"id":"6d5d9196-e83a-419e-a68b-72cda6b23016","block_type":"box","text":"9.47","page_number":2,"box":{"x":919,"y":697,"width":27,"height":6}},{"id":"0fede498-04c1-457b-9def-ddf6fce94655","block_type":"box","text":"3","page_number":3,"box":{"x":515,"y":962,"width":8,"height":8}},{"id":"bf4e2c71-3631-4f56-b5d8-12e8867059d0","block_type":"box","text":"Top Country Weights","page_number":3,"box":{"x":46,"y":43,"width":120,"height":7}},{"id":"3ac9972e-672a-40cf-85b3-5842c097809e","block_type":"box","text":"Weight (%)","page_number":3,"box":{"x":416,"y":42,"width":62,"height":8}},{"id":"c624600b-6948-427b-af60-f97a0f945983","block_type":"box","text":"United States","page_number":3,"box":{"x":47,"y":59,"width":71,"height":6}},{"id":"59c5b587-f04a-4a4d-858c-a9c9908387b9","block_type":"box","text":"40.33","page_number":3,"box":{"x":443,"y":59,"width":34,"height":6}},{"id":"8ddce887-06e7-407a-9da7-02973bb9f377","block_type":"box","text":"China","page_number":3,"box":{"x":46,"y":75,"width":31,"height":6}},{"id":"d94b04af-0848-4962-996e-b8a1b6cb23b5","block_type":"box","text":"11.24","page_number":3,"box":{"x":444,"y":75,"width":34,"height":6}},{"id":"5b237343-c8cd-4292-bc72-e263f1962933","block_type":"box","text":"Japan","page_number":3,"box":{"x":46,"y":91,"width":33,"height":8}},{"id":"2624177c-42f3-45ac-831d-847f65619910","block_type":"box","text":"8.08","page_number":3,"box":{"x":451,"y":91,"width":27,"height":6}},{"id":"2a18405e-c23e-4d6a-a614-dea4b5b66657","block_type":"box","text":"France","page_number":3,"box":{"x":47,"y":107,"width":36,"height":6}},{"id":"c7d23547-13c5-45e9-9ee7-c16eb72dfe50","block_type":"box","text":"5.22","page_number":3,"box":{"x":451,"y":107,"width":26,"height":6}},{"id":"13150556-3503-403d-b2da-e069bb85166a","block_type":"box","text":"United Kingdom","page_number":3,"box":{"x":47,"y":123,"width":84,"height":8}},{"id":"c1ed2ab8-a53a-4646-acaf-e65a06248679","block_type":"box","text":"4.64","page_number":3,"box":{"x":451,"y":123,"width":27,"height":6}},{"id":"4e116b08-696c-491b-9593-ccebb4d6781e","block_type":"box","text":"Germany","page_number":3,"box":{"x":46,"y":139,"width":50,"height":8}},{"id":"c91d3ba2-0959-4454-826e-a4b321b294f5","block_type":"box","text":"4.43","page_number":3,"box":{"x":451,"y":139,"width":26,"height":6}},{"id":"0324b0db-a0d7-411c-b27b-7fbb8539ccfc","block_type":"box","text":"Canada","page_number":3,"box":{"x":46,"y":155,"width":42,"height":6}},{"id":"5ad234b1-d267-44d4-932b-b090e77e85dd","block_type":"box","text":"3.50","page_number":3,"box":{"x":451,"y":155,"width":27,"height":6}},{"id":"141f7c22-72f0-4d6a-9ca3-ac6cef313816","block_type":"box","text":"Italy","page_number":3,"box":{"x":47,"y":171,"width":21,"height":8}},{"id":"9a36794f-8b55-47ed-8416-73d9721a9d09","block_type":"box","text":"3.06","page_number":3,"box":{"x":451,"y":171,"width":27,"height":7}},{"id":"e3e12271-719d-4a75-9f69-8bb635d47add","block_type":"box","text":"Supranational","page_number":3,"box":{"x":46,"y":187,"width":74,"height":8}},{"id":"32f60bb7-a841-4d7e-a129-fd6326401f05","block_type":"box","text":"2.44","page_number":3,"box":{"x":451,"y":187,"width":27,"height":6}},{"id":"cac7a248-163e-419c-ab14-34237e670c65","block_type":"box","text":"Spain","page_number":3,"box":{"x":46,"y":203,"width":30,"height":8}},{"id":"388e0af9-e07e-4359-b46b-c83f66353764","block_type":"box","text":"2.07","page_number":3,"box":{"x":451,"y":203,"width":26,"height":7}},{"id":"2efc538f-c496-4f58-bfa3-86aa21688740","block_type":"box","text":"Australia","page_number":3,"box":{"x":46,"y":220,"width":48,"height":6}},{"id":"8ea542d9-6c81-4052-900e-38d9a8210cac","block_type":"box","text":"1.87","page_number":3,"box":{"x":452,"y":220,"width":25,"height":6}},{"id":"ff95b64f-4b51-4cce-a399-667b45875788","block_type":"box","text":"South Korea","page_number":3,"box":{"x":46,"y":236,"width":66,"height":6}},{"id":"bedd7eaa-9805-4113-8991-5e75ccb8c80e","block_type":"box","text":"1.35","page_number":3,"box":{"x":452,"y":236,"width":25,"height":6}},{"id":"b8413e23-a815-44ea-ac2b-9d44061c7ddd","block_type":"box","text":"Netherlands","page_number":3,"box":{"x":47,"y":252,"width":64,"height":6}},{"id":"fa531f2a-ae44-4ce0-8f8c-18c10c6fbfa0","block_type":"box","text":"1.06","page_number":3,"box":{"x":452,"y":252,"width":26,"height":6}},{"id":"114e87c0-2808-4779-ba35-bc5907e0a2c2","block_type":"box","text":"Belgium","page_number":3,"box":{"x":47,"y":268,"width":42,"height":8}},{"id":"b73b8e71-a142-4272-a986-6c9b72a8924f","block_type":"box","text":"0.95","page_number":3,"box":{"x":451,"y":268,"width":26,"height":6}},{"id":"7492c234-f3e9-4a6f-ac3e-4ca6b776f5a8","block_type":"box","text":"Mexico","page_number":3,"box":{"x":47,"y":284,"width":37,"height":6}},{"id":"af595632-571b-4534-adfa-8511cf821389","block_type":"box","text":"0.66","page_number":3,"box":{"x":451,"y":284,"width":27,"height":6}},{"id":"13f6069f-8ea0-47cd-be63-dac6935c697d","block_type":"box","text":"Austria","page_number":3,"box":{"x":46,"y":300,"width":38,"height":6}},{"id":"9ebd81ae-4bf2-4baa-9c07-8ce5ecea82f8","block_type":"box","text":"0.64","page_number":3,"box":{"x":451,"y":300,"width":27,"height":6}},{"id":"2684acc2-01e7-435c-bae8-8e2250a11abb","block_type":"box","text":"Indonesia","page_number":3,"box":{"x":47,"y":316,"width":50,"height":6}},{"id":"848f3315-6726-4c05-8fba-0a0ed77c52cc","block_type":"box","text":"0.64","page_number":3,"box":{"x":451,"y":316,"width":27,"height":6}},{"id":"3b349c95-c24f-4e51-ae59-cff49b689a89","block_type":"box","text":"Switzerland","page_number":3,"box":{"x":46,"y":332,"width":62,"height":6}},{"id":"e4cb60b6-0b85-4ffd-8641-6621fac5eb90","block_type":"box","text":"0.63","page_number":3,"box":{"x":451,"y":332,"width":26,"height":6}},{"id":"7b68ac43-30b2-4c9c-8d6e-7eeef4f3f60e","block_type":"box","text":"Sweden","page_number":3,"box":{"x":46,"y":348,"width":42,"height":6}},{"id":"c40fb7d2-cf49-4c23-8608-4ed3c5372f9c","block_type":"box","text":"0.60","page_number":3,"box":{"x":451,"y":348,"width":27,"height":6}},{"id":"cc54e440-cac1-46a5-95cb-8e2b0e11231b","block_type":"box","text":"Malaysia","page_number":3,"box":{"x":47,"y":364,"width":45,"height":8}},{"id":"cd9c8dc4-5e80-4ae8-9f32-aa7e996ad517","block_type":"box","text":"0.50","page_number":3,"box":{"x":451,"y":364,"width":27,"height":7}},{"id":"d36d5e07-24ea-470e-9cba-a0411f1eb9c2","block_type":"box","text":"Poland","page_number":3,"box":{"x":47,"y":381,"width":35,"height":6}},{"id":"63afb9e7-6cfa-4fcc-9171-6255fda32eb3","block_type":"box","text":"0.49","page_number":3,"box":{"x":451,"y":380,"width":27,"height":7}},{"id":"9e9d0018-7b4c-4cac-9216-8c55e429f370","block_type":"box","text":"Saudi Arabia","page_number":3,"box":{"x":46,"y":397,"width":68,"height":6}},{"id":"8e655784-c9c2-4524-a926-4f5ba180aa48","block_type":"box","text":"0.40","page_number":3,"box":{"x":451,"y":397,"width":27,"height":6}},{"id":"c8f9eb1b-956d-47cc-8b2c-901936e9b3d6","block_type":"box","text":"Thailand","page_number":3,"box":{"x":46,"y":413,"width":46,"height":6}},{"id":"280ba7b0-1cab-45b4-ac56-15c9ce5a3933","block_type":"box","text":"0.39","page_number":3,"box":{"x":451,"y":413,"width":27,"height":6}},{"id":"94a71599-91db-4a6d-b8d8-156754902267","block_type":"box","text":"Other","page_number":3,"box":{"x":46,"y":429,"width":31,"height":6}},{"id":"43de0401-7887-4d46-b604-95023c808824","block_type":"box","text":"4.81","page_number":3,"box":{"x":451,"y":429,"width":26,"height":6}},{"id":"182d0775-d2dc-44d7-b070-9006f74a573b","block_type":"box","text":"Contact Us","page_number":3,"box":{"x":46,"y":476,"width":79,"height":8}},{"id":"2a8798cf-ba21-4c37-8656-1aa27e5e1161","block_type":"box","text":"Visit our website at","page_number":3,"box":{"x":46,"y":505,"width":125,"height":8}},{"id":"f573a41a-0b0f-4e28-abe7-36e0c42d6f36","block_type":"box","text":"ssga.com/etfs","page_number":3,"box":{"x":172,"y":505,"width":90,"height":10}},{"id":"d59f4e10-a4e3-4a52-be4d-eaf2dcc39992","block_type":"box","text":"or contact your local SPDR ETF","page_number":3,"box":{"x":262,"y":505,"width":211,"height":10}},{"id":"ddde0e6c-2515-41c1-a102-ea89bcdff97b","block_type":"box","text":"representative. Alternatively contact our SPDR ETF Sales and","page_number":3,"box":{"x":47,"y":519,"width":401,"height":10}},{"id":"0bf0ea40-b31c-4e9c-88c9-7656f692df03","block_type":"box","text":"Support team at","page_number":3,"box":{"x":46,"y":534,"width":109,"height":9}},{"id":"ecbf94dc-c9d1-4e66-bb8a-bc6a14385ffd","block_type":"box","text":"spdrseurope","page_number":3,"box":{"x":155,"y":534,"width":83,"height":9}},{"id":"bd383d66-55fb-4381-8795-42e0120d189e","block_type":"box","text":"@ssga.com","page_number":3,"box":{"x":239,"y":534,"width":73,"height":9}},{"id":"0276af7e-29dc-423e-ba4f-008ccd95530a","block_type":"box","text":".","page_number":3,"box":{"x":313,"y":540,"width":2,"height":1}},{"id":"c5177fa2-5859-418c-a003-1bdd50745d11","block_type":"box","text":"France & Luxembourg","page_number":3,"box":{"x":47,"y":558,"width":156,"height":10}},{"id":"0cc01740-305d-47d2-af6c-a6609b51a230","block_type":"box","text":"spdretf_france@ssga.com","page_number":3,"box":{"x":46,"y":572,"width":173,"height":10}},{"id":"2d3eb7e6-984d-43e7-a560-a17923e3613a","block_type":"box","text":"+33 1 44 45 40 00","page_number":3,"box":{"x":47,"y":587,"width":121,"height":7}},{"id":"d2145154-3d51-4445-a11d-fa00adc2ad35","block_type":"box","text":"Germany","page_number":3,"box":{"x":281,"y":558,"width":66,"height":10}},{"id":"cd09189f-d086-40f5-b803-0393aabcce82","block_type":"box","text":"spdrsgermany@ssga.com","page_number":3,"box":{"x":281,"y":572,"width":171,"height":10}},{"id":"fa564490-fda0-443d-a554-9fc837b4929c","block_type":"box","text":"+49 69 66774 5016","page_number":3,"box":{"x":281,"y":587,"width":130,"height":7}},{"id":"fe0498aa-22c8-4ef6-b0ff-62aa09bba135","block_type":"box","text":"Italy","page_number":3,"box":{"x":47,"y":608,"width":30,"height":9}},{"id":"8a7b2cd0-1332-462a-98b6-2886b3d51b38","block_type":"box","text":"spdretf_italia@ssga.com","page_number":3,"box":{"x":46,"y":622,"width":161,"height":9}},{"id":"560f706a-f89e-4160-9213-5b0bb2474681","block_type":"box","text":"+39 0232066 140","page_number":3,"box":{"x":47,"y":636,"width":120,"height":8}},{"id":"eee2c1a6-d384-493e-9943-eff4a9417107","block_type":"box","text":"Netherlands","page_number":3,"box":{"x":281,"y":608,"width":87,"height":7}},{"id":"41434c5c-2071-4796-98bc-a76bcddbb6f2","block_type":"box","text":"spdr_nl@ssga.com","page_number":3,"box":{"x":281,"y":622,"width":123,"height":9}},{"id":"912ce837-0052-487a-9137-34199d24bad2","block_type":"box","text":"+31 (0)20-7181071","page_number":3,"box":{"x":281,"y":636,"width":116,"height":9}},{"id":"51f93b38-73ec-4400-9ba9-d3bb2b54698e","block_type":"box","text":"Nordics","page_number":3,"box":{"x":47,"y":657,"width":54,"height":8}},{"id":"b4038dc6-ce89-43da-8d3a-e91b8789ecce","block_type":"box","text":"spdrseurope@ssga.com","page_number":3,"box":{"x":46,"y":671,"width":160,"height":10}},{"id":"bf2c6c39-a23b-46b2-844d-522c9aebd3e2","block_type":"box","text":"+31 (0)20-7181071","page_number":3,"box":{"x":47,"y":685,"width":115,"height":9}},{"id":"21055651-5502-4166-91b6-cd0b4f8b8a28","block_type":"box","text":"Spain","page_number":3,"box":{"x":280,"y":657,"width":40,"height":9}},{"id":"adae2039-03d9-468f-ac7a-209951178df5","block_type":"box","text":"spdrseurope@ssga.com","page_number":3,"box":{"x":281,"y":671,"width":160,"height":10}},{"id":"91d9260c-cf70-4a78-8a48-c5aee1abe51a","block_type":"box","text":"+39 0232066 140","page_number":3,"box":{"x":281,"y":685,"width":120,"height":8}},{"id":"edbc8ea8-5ebc-4f13-91a9-10f7a7e60a9b","block_type":"box","text":"Switzerland","page_number":3,"box":{"x":46,"y":706,"width":84,"height":8}},{"id":"5c9496c6-558f-4ae8-8d44-537c42a1b372","block_type":"box","text":"spdrsswitzerland@ssga.com","page_number":3,"box":{"x":46,"y":721,"width":189,"height":9}},{"id":"6e4053a2-ce29-42d1-a483-8d1b282a5ae8","block_type":"box","text":"+ 41 (0)44 245 70 00","page_number":3,"box":{"x":47,"y":735,"width":139,"height":9}},{"id":"68e320ce-39fb-47fc-8fdf-80e66e66a008","block_type":"box","text":"United Kingdom","page_number":3,"box":{"x":281,"y":707,"width":113,"height":9}},{"id":"f7eb0958-0a56-443e-94f8-fdbf2c9da248","block_type":"box","text":"spdrseurope@ssga.com","page_number":3,"box":{"x":281,"y":721,"width":160,"height":9}},{"id":"759247a9-4e2c-4087-a545-11b4495277bd","block_type":"box","text":"+44 (0) 203 395 6888","page_number":3,"box":{"x":281,"y":735,"width":148,"height":9}},{"id":"22b9c8dd-f6f7-4c40-a3d2-1bcd554bc729","block_type":"box","text":"4","page_number":4,"box":{"x":515,"y":962,"width":9,"height":8}},{"id":"1cdd45ac-88e0-4b75-a470-e3bbf52ec9f2","block_type":"box","text":"ssga.com/etfs","page_number":4,"box":{"x":46,"y":167,"width":124,"height":13}},{"id":"ae173132-9051-4a06-8ca8-eda777a016f8","block_type":"box","text":"State Street Global Advisors (SSGA) is now","page_number":4,"box":{"x":46,"y":190,"width":201,"height":7}},{"id":"e227409e-e3cd-4cca-aea2-d10f54006eb1","block_type":"box","text":"State Street Investment Management.","page_number":4,"box":{"x":46,"y":200,"width":180,"height":7}},{"id":"a8f83d03-c496-4fe9-a995-a363f57e313b","block_type":"box","text":"Please go to","page_number":4,"box":{"x":46,"y":209,"width":56,"height":8}},{"id":"0065217d-82d1-44ae-b6f4-c8f12e889e06","block_type":"box","text":"statestreet.com/investment","page_number":4,"box":{"x":105,"y":209,"width":136,"height":7}},{"id":"8775c4d5-9815-4ee2-8232-f3c0610158a0","block_type":"box","text":"management","page_number":4,"box":{"x":46,"y":219,"width":63,"height":7}},{"id":"de669b9a-d7c5-4456-9ef2-cfa311465ed6","block_type":"box","text":"for more information.","page_number":4,"box":{"x":111,"y":219,"width":101,"height":6}},{"id":"51831120-5522-42aa-aed7-ebf44bfc5dba","block_type":"box","text":"Glossary","page_number":4,"box":{"x":46,"y":249,"width":41,"height":7}},{"id":"3e84abc4-c2d5-4bc8-9cee-de984975fa48","block_type":"box","text":"Effective Convexity","page_number":4,"box":{"x":46,"y":268,"width":91,"height":7}},{"id":"3d7adba2-ac38-4a63-b137-a0db2119d905","block_type":"box","text":"A measure of the","page_number":4,"box":{"x":144,"y":268,"width":72,"height":6}},{"id":"3ad542f8-9dfd-4160-8bd7-346fa72341e8","block_type":"box","text":"curvature in the relationship between bond","page_number":4,"box":{"x":46,"y":277,"width":182,"height":8}},{"id":"13b7ba9e-83f2-479c-8ff0-5a9a6737b4f3","block_type":"box","text":"prices and bond yields that demonstrates how","page_number":4,"box":{"x":47,"y":287,"width":196,"height":7}},{"id":"f877d8c6-b162-43b4-a66e-ac04c89587a1","block_type":"box","text":"the duration of a bond changes as the interest","page_number":4,"box":{"x":46,"y":296,"width":194,"height":8}},{"id":"184e323b-9790-4a65-950e-ed4131472251","block_type":"box","text":"rate changes.","page_number":4,"box":{"x":47,"y":306,"width":56,"height":7}},{"id":"2fa320f3-ac5d-4ab2-ab9b-9fb5e8cf11e5","block_type":"box","text":"Effective Duration","page_number":4,"box":{"x":46,"y":315,"width":85,"height":6}},{"id":"666f606a-dce4-4e48-8915-6936c0d12aa4","block_type":"box","text":"A duration calculation for","page_number":4,"box":{"x":138,"y":315,"width":107,"height":6}},{"id":"e5af06f0-ff6b-45b7-a4a6-2f4cb0da939a","block_type":"box","text":"bonds that have embedded options. This","page_number":4,"box":{"x":47,"y":325,"width":172,"height":7}},{"id":"569a8810-6405-45dc-aed1-e82691bf519b","block_type":"box","text":"measure of duration takes into account the fact","page_number":4,"box":{"x":47,"y":334,"width":200,"height":6}},{"id":"0608a135-b1f3-48fa-b001-76315f89ccee","block_type":"box","text":"that expected cash flows will fluctuate as","page_number":4,"box":{"x":46,"y":344,"width":174,"height":7}},{"id":"290caece-2f69-47d6-8ab0-5337c47d354b","block_type":"box","text":"interest rates change. Effective duration can be","page_number":4,"box":{"x":47,"y":353,"width":198,"height":8}},{"id":"a2744170-7a63-48e6-8e54-38b4791974ed","block_type":"box","text":"estimated using modified duration if a bond","page_number":4,"box":{"x":46,"y":363,"width":184,"height":7}},{"id":"7e5e1b40-482a-47f8-9ca3-5c6884d69dfa","block_type":"box","text":"with embedded options behaves like an","page_number":4,"box":{"x":46,"y":372,"width":167,"height":8}},{"id":"0f68edce-9a46-4528-98be-156a7c703a71","block_type":"box","text":"option-free bond.","page_number":4,"box":{"x":46,"y":382,"width":73,"height":7}},{"id":"d08fa932-961e-4c3a-993c-c6fdafeb63b9","block_type":"box","text":"Yield to Maturity","page_number":4,"box":{"x":46,"y":391,"width":79,"height":8}},{"id":"1ad56f57-a3c5-4f69-880c-1991c67d3c42","block_type":"box","text":"The total return anticipated","page_number":4,"box":{"x":132,"y":391,"width":116,"height":8}},{"id":"ef8c58bf-1ebb-4406-80c8-c822c95df479","block_type":"box","text":"on a bond if the bond is held until it matures.","page_number":4,"box":{"x":46,"y":401,"width":187,"height":6}},{"id":"20d3242f-8956-4536-a669-513bfb98258c","block_type":"box","text":"Yield to maturity is considered a long-term bond","page_number":4,"box":{"x":46,"y":410,"width":203,"height":8}},{"id":"486c0712-d9ee-4d35-a939-ae4175f2d629","block_type":"box","text":"yield, but is expressed as an annual rate. In","page_number":4,"box":{"x":46,"y":420,"width":180,"height":7}},{"id":"30c01d21-c61d-41ab-bf83-1ac7da470fc8","block_type":"box","text":"other words, it is the internal rate of return (IRR)","page_number":4,"box":{"x":46,"y":429,"width":201,"height":7}},{"id":"3a796dfc-d0fb-4931-b887-cd02cac0e945","block_type":"box","text":"of an investment in a bond if the investor holds","page_number":4,"box":{"x":46,"y":439,"width":197,"height":6}},{"id":"995a86f7-81cf-4825-88a7-6ca85ffcd71b","block_type":"box","text":"the bond until maturity and if all payments are","page_number":4,"box":{"x":46,"y":448,"width":195,"height":8}},{"id":"cd9a1fdd-c098-404a-9820-94c75a0b75eb","block_type":"box","text":"made as scheduled.","page_number":4,"box":{"x":47,"y":458,"width":83,"height":6}},{"id":"4b0de771-5560-471b-a375-f9cd41d704ff","block_type":"box","text":"Distribution Yield","page_number":4,"box":{"x":46,"y":467,"width":82,"height":6}},{"id":"86c756e1-ea78-426d-bdc2-fc3b5a5e0a19","block_type":"box","text":"The Annual dividends per","page_number":4,"box":{"x":135,"y":467,"width":109,"height":8}},{"id":"e9892161-af55-407f-8b34-42cf55a568f1","block_type":"box","text":"share (DPS) of the fund divided by the share","page_number":4,"box":{"x":46,"y":477,"width":185,"height":7}},{"id":"85c579f8-b9b6-49d0-b8e6-cab14ee05244","block_type":"box","text":"price of the fund.","page_number":4,"box":{"x":47,"y":486,"width":70,"height":8}},{"id":"6113d831-cbdb-464a-9d9f-08164d5769fb","block_type":"box","text":"Delta","page_number":4,"box":{"x":46,"y":496,"width":25,"height":6}},{"id":"e16c4201-27da-47e8-8768-f56d3d8ab2bb","block_type":"box","text":"A measure of equity sensitivity showing","page_number":4,"box":{"x":78,"y":496,"width":168,"height":7}},{"id":"dd12cad2-1d84-4fe6-8123-ffda8d5823a6","block_type":"box","text":"the relationship between a percent change in","page_number":4,"box":{"x":46,"y":505,"width":190,"height":8}},{"id":"8fc2432d-e72d-4974-9848-181443b4a10a","block_type":"box","text":"stock price and corresponding expected","page_number":4,"box":{"x":46,"y":515,"width":170,"height":7}},{"id":"3486e0e4-adf0-40e4-8e4b-e915897a1aee","block_type":"box","text":"percent change in convertible price; it is also","page_number":4,"box":{"x":47,"y":524,"width":187,"height":8}},{"id":"374829ba-460b-4116-8fba-d8c0239a22fa","block_type":"box","text":"known as price elasticity.","page_number":4,"box":{"x":47,"y":534,"width":104,"height":7}},{"id":"9b06ee28-26be-4196-abf3-407b6e530632","block_type":"box","text":"TER","page_number":4,"box":{"x":46,"y":543,"width":19,"height":6}},{"id":"ecd4c640-23de-42ab-bac7-c4b189794c40","block_type":"box","text":"Total Expense Ratio is a fee charged to","page_number":4,"box":{"x":72,"y":543,"width":162,"height":8}},{"id":"6f538368-3126-40aa-b638-ba4906464345","block_type":"box","text":"the fund, as a percentage of the Net Asset","page_number":4,"box":{"x":46,"y":553,"width":177,"height":7}},{"id":"cc1b5b22-8e70-44d7-94d6-885f48dd4961","block_type":"box","text":"Value, to cover costs associated with operation","page_number":4,"box":{"x":46,"y":562,"width":198,"height":8}},{"id":"4035b67c-8172-49d9-9538-5e23e3810694","block_type":"box","text":"and management of the portfolio of assets.","page_number":4,"box":{"x":46,"y":572,"width":181,"height":7}},{"id":"2eee4df7-c6f3-4362-8f7c-f1ef4270be78","block_type":"box","text":"For Professional Clients / Qualified","page_number":4,"box":{"x":46,"y":601,"width":162,"height":8}},{"id":"10592aba-23ff-4cd9-9a0c-3a29cead7f8b","block_type":"box","text":"Investors Use Only. Not for public","page_number":4,"box":{"x":46,"y":611,"width":156,"height":8}},{"id":"d6be0522-95bd-49b5-bd7b-6cd0588e6324","block_type":"box","text":"distribution.","page_number":4,"box":{"x":46,"y":621,"width":58,"height":6}},{"id":"3c2e2209-75fe-45e0-bee8-a36495ad2bf9","block_type":"box","text":"ETFs trade like stocks, are subject to","page_number":4,"box":{"x":47,"y":630,"width":153,"height":8}},{"id":"d087ec2c-f60a-4133-a53c-d9ce8cb09e06","block_type":"box","text":"investment risk, fluctuate in market value and","page_number":4,"box":{"x":47,"y":640,"width":193,"height":7}},{"id":"9a0d5255-7c92-4756-bec6-c2da4c392d03","block_type":"box","text":"may trade at prices above or below the ETFs net","page_number":4,"box":{"x":47,"y":649,"width":202,"height":8}},{"id":"70c30e09-4d7a-4b94-b41c-48dc97a3b6f1","block_type":"box","text":"asset value. Brokerage commissions and ETF","page_number":4,"box":{"x":46,"y":659,"width":190,"height":7}},{"id":"197bef98-0657-44c1-a4f2-29bff0da25a0","block_type":"box","text":"expenses will reduce returns.","page_number":4,"box":{"x":46,"y":668,"width":123,"height":8}},{"id":"63f95f17-0c97-473d-a8e5-d059694eca5c","block_type":"box","text":"Marketing Communication","page_number":4,"box":{"x":46,"y":687,"width":126,"height":8}},{"id":"11418ed8-d0d5-414e-b5a3-cdfd0f16d0b9","block_type":"box","text":"SPDR ETFs may not be available or suitable for","page_number":4,"box":{"x":46,"y":697,"width":196,"height":7}},{"id":"c6823089-4d56-472f-9318-655792132999","block_type":"box","text":"you. The information provided does not","page_number":4,"box":{"x":46,"y":706,"width":166,"height":8}},{"id":"cb5fd57f-338e-436f-92a4-c3a07a979a93","block_type":"box","text":"constitute investment advice as such term is","page_number":4,"box":{"x":46,"y":716,"width":190,"height":6}},{"id":"330aaf58-83a7-4adc-a725-5ebb1af21075","block_type":"box","text":"defined under the Markets in Financial","page_number":4,"box":{"x":46,"y":725,"width":162,"height":6}},{"id":"8793503e-c6e3-469e-a0c5-d8affbe847ec","block_type":"box","text":"Instruments Directive (2014/65/EU) and it","page_number":4,"box":{"x":47,"y":734,"width":176,"height":8}},{"id":"30f1e555-172e-4a8b-9a93-11814c5b1501","block_type":"box","text":"should not be relied on as such. It should not be","page_number":4,"box":{"x":46,"y":744,"width":201,"height":6}},{"id":"81cb45f4-e178-4caf-b39e-4484414c36ac","block_type":"box","text":"considered a solicitation to buy or an offer to","page_number":4,"box":{"x":46,"y":754,"width":188,"height":7}},{"id":"ff2e9f5a-bb74-4366-a5df-60ff7b5028d4","block_type":"box","text":"sell any investment. It does not take into","page_number":4,"box":{"x":46,"y":763,"width":170,"height":8}},{"id":"bc2fdeac-87f3-4e9c-8987-54c136c103bb","block_type":"box","text":"account any investor's or potential investor's","page_number":4,"box":{"x":46,"y":773,"width":189,"height":7}},{"id":"ad803089-83f3-4c8e-8dd4-d795cdd117f5","block_type":"box","text":"particular investment objectives, strategies, tax","page_number":4,"box":{"x":47,"y":782,"width":200,"height":8}},{"id":"4b27b3a3-03e5-41d5-a846-6622f0d85d50","block_type":"box","text":"status, risk appetite or investment horizon. If","page_number":4,"box":{"x":46,"y":792,"width":189,"height":7}},{"id":"7a19cefe-2235-47a5-9736-b97c3dd7b57e","block_type":"box","text":"you require investment advice you should","page_number":4,"box":{"x":46,"y":801,"width":177,"height":8}},{"id":"83106765-ceb2-45a9-876a-a2b5ad270c30","block_type":"box","text":"consult your tax and financial or other","page_number":4,"box":{"x":46,"y":811,"width":161,"height":7}},{"id":"67bbcf79-9920-4ce0-8bb6-54b768b8b2f4","block_type":"box","text":"professional advisor.","page_number":4,"box":{"x":47,"y":820,"width":86,"height":8}},{"id":"23e1f79f-1b30-496d-9137-65047577d45a","block_type":"box","text":"Tax treatment depends on the individual","page_number":4,"box":{"x":46,"y":830,"width":171,"height":7}},{"id":"6fe6ba4a-58b5-4a00-bfd1-1ecea1182002","block_type":"box","text":"circumstances of each client and may be","page_number":4,"box":{"x":46,"y":839,"width":173,"height":8}},{"id":"ec12f37d-16a6-4afb-b5ff-162de97ded86","block_type":"box","text":"subject to change in the future.","page_number":4,"box":{"x":46,"y":849,"width":131,"height":7}},{"id":"7734d334-99ac-41aa-9631-7c1727dcf18b","block_type":"box","text":"This document does not constitute an offer or","page_number":4,"box":{"x":46,"y":858,"width":194,"height":6}},{"id":"e18af16d-596c-441b-8065-8e196c905266","block_type":"box","text":"request to purchase shares in SPDR ETFs","page_number":4,"box":{"x":47,"y":868,"width":173,"height":7}},{"id":"97310cab-a7b3-4dca-a523-57f1b6c28612","block_type":"box","text":"Europe I plc and SPDR ETFs Europe II plc.","page_number":4,"box":{"x":47,"y":877,"width":171,"height":8}},{"id":"0e8c0263-994a-4f95-a2cc-7ca726a33ca7","block_type":"box","text":"Please refer to the Fund's latest Key","page_number":4,"box":{"x":46,"y":887,"width":169,"height":7}},{"id":"725d90aa-927c-4dab-81a8-fad4c6d90148","block_type":"box","text":"Information Document (KID)/Key Investor","page_number":4,"box":{"x":46,"y":896,"width":196,"height":8}},{"id":"90996c5c-4371-4109-b3ef-bc833669877c","block_type":"box","text":"Information Document (KIID) and","page_number":4,"box":{"x":46,"y":906,"width":156,"height":7}},{"id":"96f1a80d-cb78-4828-992a-38c7b590eb62","block_type":"box","text":"Prospectus before making any final","page_number":4,"box":{"x":46,"y":915,"width":166,"height":8}},{"id":"8a48d8bc-63c7-4921-b4f9-01e5165c58f3","block_type":"box","text":"investment decision. The latest English","page_number":4,"box":{"x":281,"y":171,"width":184,"height":8}},{"id":"4c723e47-27b1-4738-b6ab-2f0b3be508f7","block_type":"box","text":"version of the prospectus and the KID/KIID","page_number":4,"box":{"x":280,"y":181,"width":201,"height":7}},{"id":"574ff782-4c29-434b-9c36-8e21e2f2803d","block_type":"box","text":"can be found at","page_number":4,"box":{"x":281,"y":190,"width":72,"height":6}},{"id":"abd90bee-76a5-4e67-ae52-97936ef90517","block_type":"box","text":"www.statestreet.com/im","page_number":4,"box":{"x":356,"y":190,"width":116,"height":7}},{"id":"a01a7b62-b7b6-4b11-928a-95b403e6e806","block_type":"box","text":".","page_number":4,"box":{"x":473,"y":195,"width":2,"height":1}},{"id":"ef9b1ccd-e507-4f8e-b109-775fadf18acf","block_type":"box","text":"A summary of investor rights can be found","page_number":4,"box":{"x":280,"y":200,"width":201,"height":7}},{"id":"22520a1e-2265-420b-811c-d0b0380faa2e","block_type":"box","text":"here:","page_number":4,"box":{"x":281,"y":209,"width":23,"height":6}},{"id":"4c35d350-c602-4fef-89ca-9dda617c9263","block_type":"box","text":"https://www.ssga.com/library","page_number":4,"box":{"x":307,"y":209,"width":143,"height":8}},{"id":"9fb5ecb3-1d2e-41e6-9b03-a85d17357643","block_type":"box","text":"content/products/fund-docs/summary-of","page_number":4,"box":{"x":281,"y":219,"width":199,"height":7}},{"id":"1c60b6d6-7859-4bdb-944b-0f9a6b054f7c","block_type":"box","text":"investor-rights/ssga-spdr-investors-rights","page_number":4,"box":{"x":281,"y":228,"width":201,"height":8}},{"id":"3722e253-f491-49eb-913f-2b9adc9d298f","block_type":"box","text":"summary.pdf","page_number":4,"box":{"x":280,"y":238,"width":64,"height":7}},{"id":"d86c89d7-ac44-46e4-86e6-450bc011f382","block_type":"box","text":"Note that the Management","page_number":4,"box":{"x":346,"y":238,"width":126,"height":7}},{"id":"911606db-d0e5-4955-b675-205c3044f455","block_type":"box","text":"Company may decide to terminate the","page_number":4,"box":{"x":281,"y":247,"width":180,"height":8}},{"id":"14f9d9da-da2b-4444-897b-502ee7defb1f","block_type":"box","text":"arrangements made for marketing and","page_number":4,"box":{"x":280,"y":257,"width":183,"height":7}},{"id":"c16865f5-0ec7-4540-aeff-abe0fc3256a1","block_type":"box","text":"proceed with de-notification in compliance","page_number":4,"box":{"x":281,"y":266,"width":201,"height":8}},{"id":"b2a93d50-1c6d-4a8b-9791-18c4d90e5c73","block_type":"box","text":"with Article 93a of Directive 2009/65/EC.","page_number":4,"box":{"x":280,"y":276,"width":196,"height":7}},{"id":"752b6dd3-7117-4c01-911f-10f18aa067b1","block_type":"box","text":"All fund related documents are available for free","page_number":4,"box":{"x":280,"y":285,"width":203,"height":6}},{"id":"a7f747ea-90a7-448e-837d-0744c5dd43ed","block_type":"box","text":"of charge from the offices of the Local","page_number":4,"box":{"x":281,"y":295,"width":158,"height":7}},{"id":"c2cb2d89-216a-497d-9436-bcca436c4aaa","block_type":"box","text":"Representative/Agent or by visiting the","page_number":4,"box":{"x":281,"y":304,"width":164,"height":8}},{"id":"6f2b1a77-572a-4d27-9033-556e2b840059","block_type":"box","text":"www.","page_number":4,"box":{"x":448,"y":306,"width":22,"height":4}},{"id":"c598a341-f50a-4a9c-a79c-0fa0c171d3f4","block_type":"box","text":"statestreet.com/im","page_number":4,"box":{"x":281,"y":314,"width":80,"height":7}},{"id":"f3526d15-9d8b-475c-a2f3-827324b42224","block_type":"box","text":"or by contacting State","page_number":4,"box":{"x":364,"y":314,"width":93,"height":7}},{"id":"6ef255c3-a04f-4a71-8948-04885ba8dfa5","block_type":"box","text":"Street Custodial Services (Ireland) Limited, 78","page_number":4,"box":{"x":281,"y":323,"width":193,"height":7}},{"id":"3998d545-e4f3-4bd5-9709-966b7074deda","block_type":"box","text":"Sir John Rogerson's Quay, Dublin 2, Ireland.","page_number":4,"box":{"x":281,"y":333,"width":181,"height":7}},{"id":"67e75ebd-fc15-4526-a461-16db42df6909","block_type":"box","text":"SPDR ETFs is the exchange traded funds (\"ETF\")","page_number":4,"box":{"x":281,"y":342,"width":202,"height":8}},{"id":"57c5b255-d61e-4369-bbc9-886c70252762","block_type":"box","text":"platform of State Street Global Advisors and is","page_number":4,"box":{"x":281,"y":352,"width":195,"height":7}},{"id":"37f0582d-9fe4-4a85-93a1-5b7572743de2","block_type":"box","text":"comprised of funds that have been authorised","page_number":4,"box":{"x":281,"y":361,"width":194,"height":8}},{"id":"4444cf5c-9fa4-4f25-8e40-b78ad0a088a2","block_type":"box","text":"by Central Bank of Ireland as open-ended UCITS","page_number":4,"box":{"x":281,"y":371,"width":203,"height":7}},{"id":"1a4f65f1-99b7-475a-a733-1b2ca3a0a422","block_type":"box","text":"investment companies.","page_number":4,"box":{"x":281,"y":381,"width":98,"height":7}},{"id":"e5fe4c94-1df0-4785-99fd-69a415590648","block_type":"box","text":"The funds are not available to U.S. investors.","page_number":4,"box":{"x":280,"y":390,"width":186,"height":6}},{"id":"293b0bd8-b210-48ca-956a-f62b00886afe","block_type":"box","text":"SSGA SPDR ETFs Europe I plc and SPDR ETFs","page_number":4,"box":{"x":281,"y":399,"width":191,"height":8}},{"id":"3f8d5bea-1096-4d6f-8d8e-49bb96b308ba","block_type":"box","text":"Europe II plc issue (\"the Company\") issue SPDR","page_number":4,"box":{"x":281,"y":409,"width":197,"height":7}},{"id":"e53dc052-8ccc-4b46-8e4e-af372b5fa40a","block_type":"box","text":"ETFs, and is an open-ended investment","page_number":4,"box":{"x":281,"y":418,"width":166,"height":8}},{"id":"022148e2-ae85-4081-800a-8fcbbd23e7de","block_type":"box","text":"company with variable capital having","page_number":4,"box":{"x":281,"y":428,"width":157,"height":8}},{"id":"340430fe-7d22-4f03-bf53-07b2da55fcf8","block_type":"box","text":"segregated liability between its sub-funds. The","page_number":4,"box":{"x":281,"y":437,"width":197,"height":8}},{"id":"b92ee53e-9a8c-43f6-93b3-5c976f5fad0b","block_type":"box","text":"Company is organised as an Undertaking for","page_number":4,"box":{"x":281,"y":447,"width":187,"height":8}},{"id":"80dea08f-d4f1-4a85-a047-a84cd695ce9e","block_type":"box","text":"Collective Investment in Transferable Securities","page_number":4,"box":{"x":281,"y":456,"width":201,"height":6}},{"id":"5d56ed4b-1e32-46b3-b64b-0fb9ec59a9ec","block_type":"box","text":"(UCITS) under the laws of Ireland and","page_number":4,"box":{"x":281,"y":466,"width":155,"height":7}},{"id":"ffe68c36-9fad-42f7-8bb2-23f5623947b3","block_type":"box","text":"authorised as a UCITS by the Central Bank of","page_number":4,"box":{"x":281,"y":475,"width":189,"height":8}},{"id":"51430dcb-bf87-4df5-b294-e5010a35d3f6","block_type":"box","text":"Ireland.","page_number":4,"box":{"x":281,"y":485,"width":30,"height":6}},{"id":"7fbd2a1d-59fa-46ee-8773-6f64513e3c99","block_type":"box","text":"Additional Important Information:","page_number":4,"box":{"x":280,"y":494,"width":160,"height":8}},{"id":"d31aa5e5-d0b2-4b11-af58-09de60dda255","block_type":"box","text":"For the UK,","page_number":4,"box":{"x":281,"y":504,"width":51,"height":7}},{"id":"1d4fd1fb-d386-42b5-b38e-5b0e48c1b64f","block_type":"box","text":"this document has been issued by","page_number":4,"box":{"x":335,"y":504,"width":145,"height":7}},{"id":"52faf84f-1d54-4cab-9edb-21cdfd192ec1","block_type":"box","text":"State Street Global Advisors Limited (\"SSGA\").","page_number":4,"box":{"x":281,"y":513,"width":194,"height":7}},{"id":"7a3ab20b-ea17-4986-bd83-97a55cfc47af","block_type":"box","text":"Authorised and regulated by the Financial","page_number":4,"box":{"x":280,"y":523,"width":177,"height":8}},{"id":"9c37c7dc-7d7b-45c1-a5e9-202c35d05cf0","block_type":"box","text":"Conduct Authority, registered No. 2509928.","page_number":4,"box":{"x":281,"y":532,"width":185,"height":8}},{"id":"bc36a12a-f683-4525-be59-567fe16f2bd5","block_type":"box","text":"VAT No. 5776591 81. Registered office: 20","page_number":4,"box":{"x":280,"y":542,"width":174,"height":8}},{"id":"2a732e6f-575a-49d9-b684-34d3d514023a","block_type":"box","text":"Churchill Place, Canary Wharf, London, E14 5HJ","page_number":4,"box":{"x":281,"y":551,"width":199,"height":8}},{"id":"bbd5f221-5f4f-4047-a2b3-59eda5da3c11","block_type":"box","text":"Telephone: 020 3395 6000 Facsimile: 020","page_number":4,"box":{"x":280,"y":561,"width":183,"height":7}},{"id":"259207bc-cedd-4ca2-9a2d-80a2e912d76b","block_type":"box","text":"3395 6350 Web:","page_number":4,"box":{"x":281,"y":570,"width":71,"height":6}},{"id":"67935137-6b35-4948-bc55-a7e5a14c60cc","block_type":"box","text":"www.statestreet.com/im","page_number":4,"box":{"x":354,"y":570,"width":104,"height":7}},{"id":"08eae299-3146-40f6-a569-dace1141c501","block_type":"box","text":".","page_number":4,"box":{"x":459,"y":576,"width":1,"height":0}},{"id":"e831a94e-3f41-4669-84ce-bc5bcd6f9dc1","block_type":"box","text":"For the EU,","page_number":4,"box":{"x":281,"y":580,"width":50,"height":7}},{"id":"e4ee3fe5-f5dc-4df9-98e0-eb7b9ab9992f","block_type":"box","text":"this document has been issued by","page_number":4,"box":{"x":333,"y":580,"width":145,"height":7}},{"id":"5582b3de-9972-4dcf-bab8-26a35c53fb8b","block_type":"box","text":"State Street Global Advisors Europe Limited","page_number":4,"box":{"x":281,"y":589,"width":185,"height":8}},{"id":"90bab192-4462-4026-82e5-1e46dde55aed","block_type":"box","text":"(''SSGA''), regulated by the Central Bank of","page_number":4,"box":{"x":281,"y":599,"width":178,"height":8}},{"id":"aa9e0c85-f827-4b99-af04-293b4f05b4db","block_type":"box","text":"Ireland. Registered office address 78 Sir John","page_number":4,"box":{"x":281,"y":608,"width":190,"height":8}},{"id":"a45e28ad-8aef-4071-9557-f6a8def82f87","block_type":"box","text":"Rogerson's Quay, Dublin 2. Registered number","page_number":4,"box":{"x":281,"y":618,"width":195,"height":8}},{"id":"0596b879-495a-4d55-8944-d691eb427da5","block_type":"box","text":"49934. T: +353 (0)1 776 3000. Fax: +353 (0)1","page_number":4,"box":{"x":280,"y":627,"width":191,"height":7}},{"id":"047b3bb7-6b1c-4bbb-85c9-65d08592fc25","block_type":"box","text":"776 3300. Web:","page_number":4,"box":{"x":280,"y":637,"width":67,"height":6}},{"id":"4155c180-2dc8-42b1-b00f-94c2ff70fd7e","block_type":"box","text":"www.statestreet.com/im","page_number":4,"box":{"x":350,"y":637,"width":103,"height":7}},{"id":"255f1808-f04f-4d63-abe4-ae24c237e9f9","block_type":"box","text":".","page_number":4,"box":{"x":454,"y":642,"width":2,"height":1}},{"id":"ebd2cf0c-1cf0-4535-8843-4ecf399b529f","block_type":"box","text":"SPDR ETFs Local Representative/Paying","page_number":4,"box":{"x":280,"y":646,"width":190,"height":8}},{"id":"b8459052-44ab-45e3-9c0e-20c65f59ea59","block_type":"box","text":"Agents:","page_number":4,"box":{"x":280,"y":656,"width":36,"height":8}},{"id":"d5a74c6a-35bc-4c6c-a1c6-38f94830a50d","block_type":"box","text":"France:","page_number":4,"box":{"x":281,"y":665,"width":34,"height":6}},{"id":"f0440718-b3eb-4bda-b862-ca3dff2e72df","block_type":"box","text":"State Street Bank International GmbH","page_number":4,"box":{"x":318,"y":665,"width":160,"height":6}},{"id":"88a544b4-f411-401d-9332-d6c69018707a","block_type":"box","text":"Paris Branch, Cœur Défense -Tour A, 100,","page_number":4,"box":{"x":281,"y":675,"width":172,"height":7}},{"id":"1afaae32-620c-405a-bc01-fa095ab73348","block_type":"box","text":"Esplanade du Général de Gaulle, 92931 Paris La","page_number":4,"box":{"x":281,"y":684,"width":199,"height":8}},{"id":"69d403c6-8f9f-4e7a-9a40-7c0d17811def","block_type":"box","text":"Defense Cedex;","page_number":4,"box":{"x":281,"y":694,"width":65,"height":7}},{"id":"f9458ed9-723c-456a-a62b-502631e88df0","block_type":"box","text":"Switzerland:","page_number":4,"box":{"x":348,"y":694,"width":58,"height":6}},{"id":"9087ef81-b3e9-4a1b-aa48-2ef2a1cb04dd","block_type":"box","text":"State Street Bank","page_number":4,"box":{"x":409,"y":694,"width":75,"height":6}},{"id":"61be5e10-da70-42f7-84bb-b9dddd2360e1","block_type":"box","text":"GmbH Munich, Zurich Branch,","page_number":4,"box":{"x":281,"y":703,"width":126,"height":7}},{"id":"fdd00599-e01c-45ce-b7e0-ec62368cab2b","block_type":"box","text":"Beethovenstrasse 19, 8027 Zurich and the main","page_number":4,"box":{"x":281,"y":713,"width":200,"height":7}},{"id":"229d7a8f-9489-4c8e-b83e-aa395db03855","block_type":"box","text":"distributor in Switzerland, State Street Global","page_number":4,"box":{"x":281,"y":722,"width":190,"height":7}},{"id":"aa78bf7c-96c2-49da-b850-cbaf82bc7fbb","block_type":"box","text":"Advisors AG, Beethovenstrasse 19, 8027 Zurich;","page_number":4,"box":{"x":280,"y":732,"width":202,"height":7}},{"id":"bbb7393c-d313-4287-a90d-860854c2e351","block_type":"box","text":"Germany:","page_number":4,"box":{"x":281,"y":741,"width":45,"height":8}},{"id":"4ffb5b30-5bee-4e9e-85ed-bb1f3a70dddf","block_type":"box","text":"State Street Global Advisors Europe","page_number":4,"box":{"x":329,"y":741,"width":151,"height":8}},{"id":"b0c653af-09a5-475a-bc02-1140ee591246","block_type":"box","text":"Limited, Brienner Strasse 59, D-80333 Munich;","page_number":4,"box":{"x":281,"y":751,"width":199,"height":7}},{"id":"10e9a1d2-9d8c-4583-bf14-6e2237efe27e","block_type":"box","text":"Spain:","page_number":4,"box":{"x":280,"y":760,"width":30,"height":8}},{"id":"5c463455-9156-4043-9c3d-234f6d76f190","block_type":"box","text":"Cecabank, S.A. Alcalá 27, 28014 Madrid","page_number":4,"box":{"x":312,"y":760,"width":166,"height":7}},{"id":"c09ed5e4-6229-4dca-b52d-124762300d6d","block_type":"box","text":"(Spain);","page_number":4,"box":{"x":281,"y":770,"width":31,"height":8}},{"id":"d3a0d697-b5b9-4764-9a78-afbbf12465c5","block_type":"box","text":"Denmark:","page_number":4,"box":{"x":315,"y":770,"width":45,"height":6}},{"id":"3e505a49-62d0-4778-bfd5-4d88727e1e84","block_type":"box","text":"Nordea Bank Denmark A/S,","page_number":4,"box":{"x":363,"y":770,"width":115,"height":7}},{"id":"a9ca0f13-86aa-4980-890c-8e4926e4aac6","block_type":"box","text":"Issuer Services, Securities Services Hermes","page_number":4,"box":{"x":281,"y":779,"width":184,"height":7}},{"id":"ff08b374-6303-4af9-9051-7e2cebe7897e","block_type":"box","text":"Hus, Helgeshøj Allé 33 Postbox 850 DK-0900","page_number":4,"box":{"x":281,"y":789,"width":193,"height":8}},{"id":"608efa6c-e5d6-4e38-85c4-1f41dedf0a06","block_type":"box","text":"Copenhagen C;","page_number":4,"box":{"x":281,"y":798,"width":63,"height":8}},{"id":"5dcd58b3-7bb4-4b70-b0ab-bd48f18a4873","block_type":"box","text":"Austria:","page_number":4,"box":{"x":347,"y":798,"width":37,"height":7}},{"id":"5925d209-fd03-4b9b-a32b-71a71680893d","block_type":"box","text":"Erste Bank, Graben 21,","page_number":4,"box":{"x":387,"y":798,"width":93,"height":7}},{"id":"283321f5-e1d1-4d00-93f6-0f9f88e13cf1","block_type":"box","text":"1010 Wien, Österreich;","page_number":4,"box":{"x":280,"y":807,"width":92,"height":8}},{"id":"92119d09-6970-433e-a695-78b44269dcf8","block_type":"box","text":"Sweden:","page_number":4,"box":{"x":375,"y":808,"width":40,"height":6}},{"id":"a5101fd1-3e2a-459b-861d-f2ab9a5167da","block_type":"box","text":"SKANDINAVISKA ENSKILDA BANKEN AB, Global","page_number":4,"box":{"x":281,"y":817,"width":202,"height":7}},{"id":"276d05c9-cc3e-4d42-893e-274b098c5d39","block_type":"box","text":"Transaction Services ST MH1, SE-106 40","page_number":4,"box":{"x":280,"y":827,"width":170,"height":7}},{"id":"d662ab6f-4616-4e4b-9cb6-03b606f1b7cb","block_type":"box","text":"Stockholm, Sweden.","page_number":4,"box":{"x":281,"y":836,"width":85,"height":7}},{"id":"4a15a6f3-dee6-43f1-a11f-9067b21ce438","block_type":"box","text":"The Fund/share class may use financial","page_number":4,"box":{"x":280,"y":846,"width":166,"height":8}},{"id":"7baac92e-fdd4-4903-9672-8a2a4f968200","block_type":"box","text":"derivatives instruments for currency hedging","page_number":4,"box":{"x":281,"y":855,"width":191,"height":8}},{"id":"53dbd888-c94b-4ee7-ae18-553773e2006e","block_type":"box","text":"and to manage the portfolio efficiently. The","page_number":4,"box":{"x":281,"y":865,"width":180,"height":8}},{"id":"8e71c055-90fa-403d-a43b-696be5825809","block_type":"box","text":"Fund may purchase securities that are not","page_number":4,"box":{"x":281,"y":874,"width":178,"height":8}},{"id":"6590e632-e014-4621-be38-20d46ee84012","block_type":"box","text":"denominated in the share class currency.","page_number":4,"box":{"x":281,"y":884,"width":173,"height":8}},{"id":"f9101a07-425b-4134-8ec7-267ddee5ab03","block_type":"box","text":"Hedging should mitigate the impact of","page_number":4,"box":{"x":281,"y":893,"width":161,"height":8}},{"id":"264624b9-4cda-426a-9f68-3953f58c8b49","block_type":"box","text":"exchange rate fluctuations however hedges are","page_number":4,"box":{"x":281,"y":903,"width":199,"height":8}},{"id":"cf80d536-e115-4076-ad51-6b686d1c56b5","block_type":"box","text":"sometimes subject to imperfect matching","page_number":4,"box":{"x":281,"y":912,"width":177,"height":8}},{"id":"db6ed3f0-6788-4e89-92ea-2f2f3c83eb2b","block_type":"box","text":"which could generate losses.","page_number":4,"box":{"x":515,"y":171,"width":121,"height":8}},{"id":"304e21f8-bc7f-4367-8ef1-4f2d1541e30d","block_type":"box","text":"\"Bloomberg","page_number":4,"box":{"x":515,"y":181,"width":49,"height":7}},{"id":"e75f636b-d99c-4a23-ad10-8e09334b1a34","block_type":"box","text":"®","page_number":4,"box":{"x":565,"y":180,"width":2,"height":2}},{"id":"ba7f187d-16de-4d30-92e8-1c10098b203c","block_type":"box","text":"\" and all Bloomberg Indices are","page_number":4,"box":{"x":568,"y":181,"width":129,"height":7}},{"id":"f4fa44cf-a4dd-410d-8b21-0e14eed04dc1","block_type":"box","text":"service marks of Bloomberg Finance L.P. and its","page_number":4,"box":{"x":515,"y":190,"width":200,"height":8}},{"id":"0335d295-02f7-48f0-aab7-f7775eb2e10d","block_type":"box","text":"affiliates, including Bloomberg Index Services","page_number":4,"box":{"x":515,"y":200,"width":191,"height":7}},{"id":"8105cfa0-88a5-4253-9a24-b32ffefd3402","block_type":"box","text":"Limited (\"BISL\"), the administrator of the index","page_number":4,"box":{"x":515,"y":209,"width":196,"height":7}},{"id":"c539d6b1-fed3-4002-9e51-ed3e90eaff45","block_type":"box","text":"(collectively, \"Bloomberg\") and have been","page_number":4,"box":{"x":515,"y":219,"width":173,"height":7}},{"id":"c2971b3f-20eb-455c-939f-f2bb70356d28","block_type":"box","text":"licensed for use for certain purposes by State","page_number":4,"box":{"x":515,"y":228,"width":191,"height":8}},{"id":"918ccf30-77e5-4ed3-9c2d-21ecc46befe1","block_type":"box","text":"Street Bank and Trust Company, through its","page_number":4,"box":{"x":515,"y":238,"width":185,"height":7}},{"id":"1a0cd4bc-925d-4402-9eaa-97fd5f0e9293","block_type":"box","text":"State Street Global Advisors division (\"SSGA\").","page_number":4,"box":{"x":515,"y":247,"width":195,"height":7}},{"id":"c2de71c6-688e-4a4c-99f5-9c7be183d604","block_type":"box","text":"Bloomberg is not affiliated with SSGA, and","page_number":4,"box":{"x":515,"y":257,"width":177,"height":7}},{"id":"126365dd-dab4-41e2-850b-5f1db2b09e14","block_type":"box","text":"Bloomberg does not approve, endorse, review,","page_number":4,"box":{"x":515,"y":266,"width":193,"height":8}},{"id":"6a18cd0b-4de7-4660-bd08-aade3d199210","block_type":"box","text":"or recommend any SSGA product. Bloomberg","page_number":4,"box":{"x":515,"y":276,"width":193,"height":7}},{"id":"5da8ab88-3927-4dc2-8970-02b56ee8d287","block_type":"box","text":"does not guarantee the timeliness,","page_number":4,"box":{"x":515,"y":285,"width":145,"height":8}},{"id":"2f41ae9d-01c7-47a3-bf85-989684af5fcb","block_type":"box","text":"accurateness, or completeness of any data or","page_number":4,"box":{"x":515,"y":295,"width":192,"height":7}},{"id":"1cd4ee1f-945e-4d7d-bfc3-be702ad98d9d","block_type":"box","text":"information relating to any SSGA product.","page_number":4,"box":{"x":515,"y":304,"width":176,"height":8}},{"id":"1a5959ad-ae91-4518-abbd-043c7af9d978","block_type":"box","text":"The S&P 500","page_number":4,"box":{"x":515,"y":314,"width":57,"height":6}},{"id":"b629fb65-4218-44f0-9a36-8f78504398a3","block_type":"box","text":"®","page_number":4,"box":{"x":572,"y":313,"width":3,"height":2}},{"id":"56944597-0aa0-4164-8b07-9c0b65055dd0","block_type":"box","text":"Index is a product of S&P Dow","page_number":4,"box":{"x":578,"y":314,"width":126,"height":7}},{"id":"d1d7d8ae-9c16-4b15-93fe-9c1a9d7225a7","block_type":"box","text":"Jones Indices LLC or its affiliates (“S&P DJI”)","page_number":4,"box":{"x":515,"y":323,"width":187,"height":7}},{"id":"dcebce1c-65f5-444e-a5c0-583a7a282c44","block_type":"box","text":"and have been licensed for use by State Street","page_number":4,"box":{"x":515,"y":333,"width":196,"height":7}},{"id":"6f7111fe-85ad-4c77-8e9a-a92521e1a856","block_type":"box","text":"Global Advisors. S&P","page_number":4,"box":{"x":515,"y":342,"width":91,"height":6}},{"id":"dde0890d-4e1a-4b8c-bc1d-346cf2691e0e","block_type":"box","text":"®","page_number":4,"box":{"x":606,"y":342,"width":3,"height":1}},{"id":"7eff4a29-2089-4887-bc85-9e367135b5f0","block_type":"box","text":", SPDR","page_number":4,"box":{"x":609,"y":342,"width":27,"height":7}},{"id":"22659996-d68a-4644-a754-9f78b4567f59","block_type":"box","text":"®","page_number":4,"box":{"x":637,"y":342,"width":2,"height":1}},{"id":"8171cb90-65f0-4064-b037-e3ebb97deb6c","block_type":"box","text":", S&P 500","page_number":4,"box":{"x":640,"y":342,"width":42,"height":7}},{"id":"a357bfc5-59b8-414c-a0d4-af31c39397ec","block_type":"box","text":"®","page_number":4,"box":{"x":683,"y":342,"width":2,"height":1}},{"id":"22470377-4473-4e62-8185-368a67dc5113","block_type":"box","text":",US","page_number":4,"box":{"x":686,"y":342,"width":13,"height":7}},{"id":"8d817339-5ae0-4712-b353-d1e40b2ae0de","block_type":"box","text":"500 and the 500 are trademarks of Standard &","page_number":4,"box":{"x":515,"y":352,"width":201,"height":6}},{"id":"dac6231a-9112-4262-983e-648b22825a58","block_type":"box","text":"Poor’s Financial Services LLC (“S&P”); Dow","page_number":4,"box":{"x":515,"y":361,"width":179,"height":7}},{"id":"03c11d7a-2237-4a74-a18b-2c7f98076634","block_type":"box","text":"Jones","page_number":4,"box":{"x":515,"y":371,"width":25,"height":6}},{"id":"7429a167-2e21-4a97-8813-dda58e6662ec","block_type":"box","text":"®","page_number":4,"box":{"x":540,"y":370,"width":3,"height":2}},{"id":"81f171f1-586f-4bd6-a3b0-c20856c772eb","block_type":"box","text":"is a registered trademark of Dow Jones","page_number":4,"box":{"x":546,"y":371,"width":164,"height":7}},{"id":"c5a0e000-4935-4ce6-b513-1eebaced58c1","block_type":"box","text":"Trademark Holdings LLC (“Dow Jones”) and has","page_number":4,"box":{"x":515,"y":380,"width":201,"height":8}},{"id":"118304d3-4ffd-4e82-88e6-3f23426c2ff0","block_type":"box","text":"been licensed for use by S&P Dow Jones","page_number":4,"box":{"x":515,"y":390,"width":171,"height":7}},{"id":"3f7151f4-6091-4bc4-a3f6-ea7f36431218","block_type":"box","text":"Indices; and these trademarks have been","page_number":4,"box":{"x":515,"y":399,"width":173,"height":7}},{"id":"69854e11-1406-4e7b-b79d-64b50f8c386c","block_type":"box","text":"licensed for use by S&P DJI and sublicensed for","page_number":4,"box":{"x":515,"y":409,"width":201,"height":7}},{"id":"de500192-d3a7-4799-815f-9252ab3b3969","block_type":"box","text":"certain purposes by State Street Global","page_number":4,"box":{"x":515,"y":418,"width":166,"height":8}},{"id":"5d41e57d-e9fb-4e36-94aa-43637ce30ede","block_type":"box","text":"Advisors. The fund is not sponsored, endorsed,","page_number":4,"box":{"x":515,"y":428,"width":198,"height":7}},{"id":"03b654ff-bf90-4837-ad66-51f2e75d10b1","block_type":"box","text":"sold or promoted by S&P DJI, Dow Jones, S&P,","page_number":4,"box":{"x":515,"y":437,"width":196,"height":8}},{"id":"47107deb-9e19-48dd-b6d4-d30bd08d3a07","block_type":"box","text":"their respective affiliates, and none of such","page_number":4,"box":{"x":515,"y":447,"width":181,"height":7}},{"id":"f8890584-f133-4471-92e2-c16836b52274","block_type":"box","text":"parties make any representation regarding the","page_number":4,"box":{"x":515,"y":456,"width":196,"height":8}},{"id":"a069a057-fa30-4e78-aec2-9595733c67f7","block_type":"box","text":"advisability of investing in such product(s) nor","page_number":4,"box":{"x":515,"y":466,"width":195,"height":8}},{"id":"0187ce4c-143f-4295-b83e-bce8c7f14f5b","block_type":"box","text":"do they have any liability for any errors,","page_number":4,"box":{"x":515,"y":475,"width":165,"height":8}},{"id":"0a234e7f-4c34-4c6e-bf4b-50677e75b965","block_type":"box","text":"omissions, or interruptions of these indices.","page_number":4,"box":{"x":515,"y":485,"width":184,"height":7}},{"id":"f1a3ee41-8e5a-42a7-b29e-7b65dc727a0a","block_type":"box","text":"The trademarks and service marks referenced","page_number":4,"box":{"x":515,"y":494,"width":195,"height":6}},{"id":"1d56befc-a26a-47c6-8966-0cbe64beec3e","block_type":"box","text":"herein are the property of their respective","page_number":4,"box":{"x":515,"y":504,"width":176,"height":7}},{"id":"dfe147db-0b6e-492f-b6c4-aceca17c4ad0","block_type":"box","text":"owners. Third party data providers make no","page_number":4,"box":{"x":515,"y":513,"width":184,"height":8}},{"id":"160307ab-8368-4c1c-9018-c039d2853166","block_type":"box","text":"warranties or representations of any kind","page_number":4,"box":{"x":515,"y":523,"width":173,"height":7}},{"id":"4c0f1fb9-ebb8-4142-a622-05860210b555","block_type":"box","text":"relating to the accuracy, completeness or","page_number":4,"box":{"x":515,"y":532,"width":174,"height":8}},{"id":"91fc72b8-4366-4119-aaad-52dbfa9ca249","block_type":"box","text":"timeliness of the data and have no liability for","page_number":4,"box":{"x":515,"y":542,"width":191,"height":7}},{"id":"e0bd28ad-08e5-4ef3-a7ea-97eb2f29b9d3","block_type":"box","text":"damages of any kind relating to the use of such","page_number":4,"box":{"x":515,"y":551,"width":198,"height":8}},{"id":"b30544d6-7fd8-43d7-8cf9-9bc778f653d6","block_type":"box","text":"data.","page_number":4,"box":{"x":515,"y":561,"width":21,"height":6}},{"id":"7a33efdb-52b1-4f9c-a67f-29feb4e7428b","block_type":"box","text":"©","page_number":4,"box":{"x":515,"y":570,"width":4,"height":3}},{"id":"8d6cbd7e-e646-4f59-95a8-efd6277d9854","block_type":"box","text":"[2026] Morningstar, Inc. All rights reserved.","page_number":4,"box":{"x":522,"y":570,"width":181,"height":8}},{"id":"4b58c77f-467a-4791-80af-6f128fafbfe9","block_type":"box","text":"The information contained herein: (1) is","page_number":4,"box":{"x":515,"y":580,"width":163,"height":7}},{"id":"2a9e5843-98cc-4082-9523-98321b550710","block_type":"box","text":"proprietary to Morningstar and/or its content","page_number":4,"box":{"x":515,"y":589,"width":189,"height":8}},{"id":"a7fcd91c-3ba6-4bdb-b360-90d17e506bb7","block_type":"box","text":"providers; (2) may not be copied or distributed;","page_number":4,"box":{"x":515,"y":599,"width":197,"height":7}},{"id":"30797a3e-dd55-48be-853b-f71e499f06fa","block_type":"box","text":"and (3) is not warranted to be accurate,","page_number":4,"box":{"x":515,"y":608,"width":165,"height":7}},{"id":"1107d7a5-2100-487c-bfe4-ffccbecdbdbe","block_type":"box","text":"complete, or timely. Neither Morningstar nor its","page_number":4,"box":{"x":515,"y":618,"width":198,"height":8}},{"id":"75c8ae71-e500-4a70-b31b-70b8144a9438","block_type":"box","text":"content providers are responsible for any","page_number":4,"box":{"x":515,"y":627,"width":174,"height":8}},{"id":"0397bb08-1201-4d55-bc42-eb8cb4be5b59","block_type":"box","text":"damages or losses arising from any use of this","page_number":4,"box":{"x":515,"y":637,"width":194,"height":8}},{"id":"7f8ba111-386c-4ae1-af85-48c5931c059b","block_type":"box","text":"information. Past performance is no guarantee","page_number":4,"box":{"x":515,"y":646,"width":196,"height":8}},{"id":"a496453c-612a-43bb-90d6-798a965c5107","block_type":"box","text":"of future results.","page_number":4,"box":{"x":515,"y":656,"width":69,"height":6}},{"id":"399c60fd-473b-481d-a304-461227795c23","block_type":"box","text":"The Morningstar Rating for funds, or \"star","page_number":4,"box":{"x":515,"y":665,"width":175,"height":8}},{"id":"4d03a3d2-cc84-4b73-a07e-05b650e9b348","block_type":"box","text":"rating\", is calculated for managed products","page_number":4,"box":{"x":515,"y":675,"width":181,"height":8}},{"id":"6959844b-e811-470c-8630-2dab632e7f49","block_type":"box","text":"(including mutual funds, variable annuity and","page_number":4,"box":{"x":515,"y":684,"width":191,"height":8}},{"id":"2eb2d6fc-2dfa-4e4e-9841-8cc481697b31","block_type":"box","text":"variable life subaccounts, exchange traded","page_number":4,"box":{"x":515,"y":694,"width":180,"height":8}},{"id":"62df0208-cd24-4b59-880f-a557a9662edb","block_type":"box","text":"funds, closed-end funds, and separate","page_number":4,"box":{"x":515,"y":703,"width":162,"height":8}},{"id":"942214d8-9421-495a-b190-838c07f1082f","block_type":"box","text":"accounts) with at least a three-year history.","page_number":4,"box":{"x":515,"y":713,"width":182,"height":7}},{"id":"40fc07ab-4d07-46f1-a5a7-47c11936b357","block_type":"box","text":"Exchange- traded funds and open-ended","page_number":4,"box":{"x":515,"y":722,"width":173,"height":8}},{"id":"72a1decb-b067-462a-a319-6d0186d27256","block_type":"box","text":"mutual funds are considered a single population","page_number":4,"box":{"x":515,"y":732,"width":203,"height":8}},{"id":"b3418bd4-fc0a-45b0-b700-9d379294d7da","block_type":"box","text":"for comparative purposes. It is calculated based","page_number":4,"box":{"x":515,"y":741,"width":202,"height":8}},{"id":"7021b1db-442b-45e0-910b-bdd4a3410c27","block_type":"box","text":"on a Morningstar Risk-Adjusted Return measure","page_number":4,"box":{"x":515,"y":751,"width":203,"height":8}},{"id":"d6b98ab2-2893-4b21-9030-81b3d735ca2c","block_type":"box","text":"that accounts for variation in a managed","page_number":4,"box":{"x":515,"y":760,"width":170,"height":8}},{"id":"0d8ad9d6-d532-4320-baa4-4670f8f4c8a7","block_type":"box","text":"product's monthly excess performance, placing","page_number":4,"box":{"x":515,"y":770,"width":201,"height":8}},{"id":"9899a526-7e36-423c-8f5b-6b0492c783bc","block_type":"box","text":"more emphasis on downward variations and","page_number":4,"box":{"x":515,"y":779,"width":186,"height":8}},{"id":"5fb0273c-78b3-47ae-98b1-3ae3caff79c2","block_type":"box","text":"rewarding consistent performance. The","page_number":4,"box":{"x":515,"y":789,"width":166,"height":8}},{"id":"6a93da34-549b-40a2-b40b-cdf5e9940bc2","block_type":"box","text":"Morningstar Rating does not include any","page_number":4,"box":{"x":515,"y":798,"width":171,"height":8}},{"id":"410f67e1-fe8e-4221-9bae-3977a5add43d","block_type":"box","text":"adjustment for sales loads. The top 10% of","page_number":4,"box":{"x":515,"y":808,"width":177,"height":8}},{"id":"ee5b8533-c3b3-43cc-a43a-028f8a1a6dd7","block_type":"box","text":"products in each product category receive 5","page_number":4,"box":{"x":515,"y":817,"width":186,"height":8}},{"id":"f21476c3-8edf-492e-8d1d-3b4e7ed5773a","block_type":"box","text":"stars, the next 22.5% receive 4 stars, the next","page_number":4,"box":{"x":515,"y":827,"width":191,"height":7}},{"id":"ffa6c167-bc51-49df-8c04-025e06225a51","block_type":"box","text":"35% receive 3 stars, the next 22.5% receive 2","page_number":4,"box":{"x":515,"y":836,"width":188,"height":7}},{"id":"f511a43e-826c-41d3-b299-39e42bf45299","block_type":"box","text":"stars, and the bottom 10% receive 1 star. The","page_number":4,"box":{"x":515,"y":846,"width":185,"height":7}},{"id":"ea79728c-bc20-4cc9-8250-11a7f3a866b3","block_type":"box","text":"Overall Morningstar Rating for a managed","page_number":4,"box":{"x":515,"y":855,"width":175,"height":8}},{"id":"fe5ecd53-68ae-4394-ae9f-35c26e80b183","block_type":"box","text":"product is derived from a weighted average of","page_number":4,"box":{"x":515,"y":865,"width":193,"height":8}},{"id":"0a276862-f8fe-45d5-850f-e6c1aa47b942","block_type":"box","text":"the performance figures associated with its","page_number":4,"box":{"x":515,"y":874,"width":183,"height":8}},{"id":"6050f432-0a36-4b39-8727-3844bd98b057","block_type":"box","text":"three-, five-, and 10-year (if applicable)","page_number":4,"box":{"x":515,"y":884,"width":161,"height":8}},{"id":"c4d86139-6936-4ce1-b874-32e196b57f7b","block_type":"box","text":"Morningstar Rating metrics. The weights are:","page_number":4,"box":{"x":515,"y":893,"width":189,"height":8}},{"id":"b6c0ac5d-3cc2-4184-bc39-3b0a05ea1115","block_type":"box","text":"100% three-year rating for 36-59 months of","page_number":4,"box":{"x":515,"y":903,"width":184,"height":8}},{"id":"71ce028b-aab0-4ae3-94c8-945f2dde27e6","block_type":"box","text":"total returns, 60% five-year rating/ 40%","page_number":4,"box":{"x":515,"y":912,"width":166,"height":8}},{"id":"1d5474f6-3e0b-4488-a922-624f2ad02edb","block_type":"box","text":"three-year rating for 60-119 months of total","page_number":4,"box":{"x":749,"y":171,"width":181,"height":8}},{"id":"b87924fe-0613-4036-a5f6-a03f9dceb242","block_type":"box","text":"returns, and 50% 10- year rating/30% five-year","page_number":4,"box":{"x":750,"y":181,"width":195,"height":7}},{"id":"d67522ef-6035-49fc-a090-5f92867d3327","block_type":"box","text":"rating/20% three-year rating for 120 or more","page_number":4,"box":{"x":750,"y":190,"width":185,"height":8}},{"id":"0496e917-f208-44ba-82d6-7dd2f5376ee2","block_type":"box","text":"months of total returns. While the 10-year","page_number":4,"box":{"x":750,"y":200,"width":174,"height":7}},{"id":"8da4fb51-854f-4e04-9882-efb427289d2b","block_type":"box","text":"overall star rating formula seems to give the","page_number":4,"box":{"x":749,"y":209,"width":185,"height":8}},{"id":"06d34488-ff7f-4184-8d00-d547b7824f25","block_type":"box","text":"most weight to the 10- year period, the most","page_number":4,"box":{"x":750,"y":219,"width":185,"height":7}},{"id":"186ddcaf-ea5b-4338-a3f0-b26769b168e0","block_type":"box","text":"recent three-year period actually has the","page_number":4,"box":{"x":750,"y":228,"width":172,"height":8}},{"id":"50d84953-3d10-44bc-a355-d8c5cf17b8c0","block_type":"box","text":"greatest impact because it is included in all","page_number":4,"box":{"x":749,"y":238,"width":182,"height":7}},{"id":"e6c1f693-c9c4-42f0-8b3c-b4301b2adf86","block_type":"box","text":"three rating periods.","page_number":4,"box":{"x":749,"y":247,"width":85,"height":8}},{"id":"f8e988df-6f76-4ca7-bcd5-8108a7fe0407","block_type":"box","text":"The Morningstar Medalist RatingTM is the","page_number":4,"box":{"x":749,"y":257,"width":177,"height":7}},{"id":"a3267591-c887-485a-b1b0-922f2fd313ad","block_type":"box","text":"summary expression of Morningstar’s forward","page_number":4,"box":{"x":749,"y":266,"width":198,"height":8}},{"id":"05c3f840-8949-4144-a0a5-70d87a7a6c30","block_type":"box","text":"looking analysis of investment strategies as","page_number":4,"box":{"x":750,"y":276,"width":183,"height":7}},{"id":"3699690b-9390-4285-b226-0d7f6295c69e","block_type":"box","text":"offered via specific vehicles using a rating scale","page_number":4,"box":{"x":749,"y":285,"width":200,"height":8}},{"id":"27405253-11dc-48a9-ba69-f2510ef1f16e","block_type":"box","text":"of Gold, Silver, Bronze, Neutral, and Negative.","page_number":4,"box":{"x":749,"y":295,"width":188,"height":7}},{"id":"b03dfd27-8b56-4c4b-a41c-2b6f4f25f2df","block_type":"box","text":"The Medalist Ratings indicate which","page_number":4,"box":{"x":749,"y":304,"width":152,"height":8}},{"id":"728963c6-0e9f-45c9-b921-6a678dbd1b8c","block_type":"box","text":"investments Morningstar believes are likely to","page_number":4,"box":{"x":750,"y":314,"width":193,"height":7}},{"id":"f8110b90-0e63-4a60-a282-1c0f8cba9a83","block_type":"box","text":"outperform a relevant index or peer group","page_number":4,"box":{"x":749,"y":323,"width":177,"height":8}},{"id":"c5c11e3d-c287-4920-90ce-01dac257b220","block_type":"box","text":"average on a risk-adjusted basis over time.","page_number":4,"box":{"x":749,"y":333,"width":179,"height":7}},{"id":"2b57166a-0402-4474-8be6-0aebe456f0bb","block_type":"box","text":"Investment products are evaluated on three key","page_number":4,"box":{"x":750,"y":342,"width":202,"height":8}},{"id":"608ae47a-69c5-4384-b335-c0dde3b8c678","block_type":"box","text":"pillars (People, Parent, and Process) which,","page_number":4,"box":{"x":750,"y":352,"width":179,"height":7}},{"id":"277758a0-5c22-4b24-8728-aeb142737d59","block_type":"box","text":"when coupled with a fee assessment, forms the","page_number":4,"box":{"x":749,"y":361,"width":201,"height":8}},{"id":"73c9f0e3-1e9d-483e-bfc6-ff8b81541f58","block_type":"box","text":"basis for Morningstar’s conviction in those","page_number":4,"box":{"x":750,"y":371,"width":177,"height":7}},{"id":"93e1ebc4-e772-41d4-9e84-b116bd7748a9","block_type":"box","text":"products’ investment merits and determines","page_number":4,"box":{"x":750,"y":380,"width":188,"height":8}},{"id":"5423b7fa-2b5e-402a-a554-7f29170ba4ec","block_type":"box","text":"the Medalist Rating they’re assigned. Pillar","page_number":4,"box":{"x":749,"y":390,"width":178,"height":7}},{"id":"5eb0be2c-7590-4764-8f5e-30ed9602fe34","block_type":"box","text":"ratings take the form of Low, Below Average,","page_number":4,"box":{"x":750,"y":399,"width":185,"height":8}},{"id":"020d54a8-9540-4ea0-9c45-30f0a7f55239","block_type":"box","text":"Average, Above Average, and High. Pillars may","page_number":4,"box":{"x":749,"y":409,"width":195,"height":8}},{"id":"f40c63f3-9ba3-40e2-a807-81bdd7c3e5f5","block_type":"box","text":"be evaluated via an analyst’s qualitative","page_number":4,"box":{"x":750,"y":418,"width":167,"height":8}},{"id":"a28b26d3-c581-48de-acfd-fda71a9e377a","block_type":"box","text":"assessment (either directly to a vehicle the","page_number":4,"box":{"x":749,"y":428,"width":181,"height":7}},{"id":"0d8b3892-d769-4da3-8866-35d4117dad11","block_type":"box","text":"analyst covers or indirectly when the pillar","page_number":4,"box":{"x":749,"y":437,"width":179,"height":8}},{"id":"a7c313aa-7d4a-4c93-a227-8142094c275d","block_type":"box","text":"ratings of a covered vehicle are mapped to a","page_number":4,"box":{"x":750,"y":447,"width":185,"height":8}},{"id":"3fab28cc-bc33-4455-901d-7660b603a3fb","block_type":"box","text":"related uncovered vehicle) or using algorithmic","page_number":4,"box":{"x":750,"y":456,"width":197,"height":8}},{"id":"de645ba2-6609-4e3d-b9a3-7d251f4736ae","block_type":"box","text":"techniques. Vehicles are sorted by their","page_number":4,"box":{"x":749,"y":466,"width":167,"height":7}},{"id":"2a0d54ed-8b6b-4f3d-a418-fc076bf3753c","block_type":"box","text":"expected performance into rating groups","page_number":4,"box":{"x":749,"y":475,"width":173,"height":8}},{"id":"d2b78812-22eb-4602-b4cc-c18171960d65","block_type":"box","text":"defined by their Morningstar Category and their","page_number":4,"box":{"x":749,"y":485,"width":202,"height":8}},{"id":"2848854c-7d39-4309-85e8-077959602792","block_type":"box","text":"active or passive status. When analysts directly","page_number":4,"box":{"x":749,"y":494,"width":200,"height":8}},{"id":"bc1e29b9-4192-4345-ad67-c7d0b346a4ad","block_type":"box","text":"cover a vehicle, they assign the three pillar","page_number":4,"box":{"x":749,"y":504,"width":179,"height":8}},{"id":"4802b700-1e8e-4555-992a-76ae2a0363b8","block_type":"box","text":"ratings based on their qualitative assessment,","page_number":4,"box":{"x":750,"y":513,"width":194,"height":8}},{"id":"5f099ade-1cff-4bf4-97d7-4a75b6835c94","block_type":"box","text":"subject to the oversight of the Analyst Rating","page_number":4,"box":{"x":749,"y":523,"width":191,"height":8}},{"id":"de2793b6-8871-4d46-9192-affe60759731","block_type":"box","text":"Committee, and monitor and reevaluate them at","page_number":4,"box":{"x":749,"y":532,"width":204,"height":7}},{"id":"c46194f2-bccc-4597-87bf-7a0ce75f4caa","block_type":"box","text":"least every 14 months. When the vehicles are","page_number":4,"box":{"x":750,"y":542,"width":188,"height":7}},{"id":"94a2337d-e7a3-41fb-8245-a2ba2f5b93fc","block_type":"box","text":"covered either indirectly by analysts or by","page_number":4,"box":{"x":749,"y":551,"width":177,"height":8}},{"id":"b23dcc4c-dbb1-4696-8a8a-f0a2bfdc69ca","block_type":"box","text":"algorithm, the ratings are assigned monthly. For","page_number":4,"box":{"x":749,"y":561,"width":201,"height":8}},{"id":"a6ce6f15-7b11-4095-ba26-3018b4e38cc1","block_type":"box","text":"more detailed information about these ratings,","page_number":4,"box":{"x":750,"y":570,"width":195,"height":8}},{"id":"4ca5a846-9bc1-4a18-acdf-3a692961d80f","block_type":"box","text":"including their methodology, please go to","page_number":4,"box":{"x":750,"y":580,"width":172,"height":8}},{"id":"e770c4fa-2d1b-4fdb-a363-fb4fb499c164","block_type":"box","text":"global.","page_number":4,"box":{"x":924,"y":580,"width":28,"height":8}},{"id":"537d79ff-f6fd-462a-aeb5-71226203bbe2","block_type":"box","text":"morningstar.com/managerdisclosures/.","page_number":4,"box":{"x":750,"y":589,"width":165,"height":8}},{"id":"c6260ead-fe42-4364-84ea-e3009bb6aa18","block_type":"box","text":"The Morningstar Medalist Ratings are not","page_number":4,"box":{"x":749,"y":599,"width":175,"height":8}},{"id":"de52f9ed-fa26-4fc7-9044-2f1db3830563","block_type":"box","text":"statements of fact, nor are they credit or risk","page_number":4,"box":{"x":749,"y":608,"width":188,"height":8}},{"id":"108c3109-9233-4740-8e97-1d5ddae5f27e","block_type":"box","text":"ratings. The Morningstar Medalist Rating (i)","page_number":4,"box":{"x":750,"y":618,"width":181,"height":8}},{"id":"f16a950a-263d-4f13-9312-b0d2799b84aa","block_type":"box","text":"should not be used as the sole basis in","page_number":4,"box":{"x":749,"y":627,"width":162,"height":6}},{"id":"6f4b5231-7d9a-4dac-a848-0e837b067107","block_type":"box","text":"evaluating an investment product, (ii) involves","page_number":4,"box":{"x":749,"y":637,"width":194,"height":8}},{"id":"d15f6f8f-8edf-457d-b9bf-46650dd6b151","block_type":"box","text":"unknown risks and uncertainties which may","page_number":4,"box":{"x":750,"y":646,"width":185,"height":8}},{"id":"99479ec9-eb65-404e-a72c-5ff84f73f29c","block_type":"box","text":"cause expectations not to occur or to differ","page_number":4,"box":{"x":749,"y":656,"width":182,"height":7}},{"id":"df905aad-6f57-4e6e-8149-b7b4b7e5abb7","block_type":"box","text":"significantly from what was expected, (iii) are","page_number":4,"box":{"x":749,"y":665,"width":190,"height":8}},{"id":"3d93e92f-6014-4aee-bd0f-3edbefe6445c","block_type":"box","text":"not guaranteed to be based on complete or","page_number":4,"box":{"x":750,"y":675,"width":182,"height":8}},{"id":"bcdbdd4e-c9d8-4025-b8df-3a4c7c57b9e2","block_type":"box","text":"accurate assumptions or models when","page_number":4,"box":{"x":749,"y":684,"width":164,"height":8}},{"id":"8d52050c-1826-4079-b340-6f906c1f7fc9","block_type":"box","text":"determined algorithmically, (iv) involve the risk","page_number":4,"box":{"x":749,"y":694,"width":197,"height":8}},{"id":"ab89b103-5d06-4661-9119-5eb244405b40","block_type":"box","text":"that the return target will not be met due to","page_number":4,"box":{"x":749,"y":703,"width":182,"height":8}},{"id":"f5a040c2-e6f1-434d-b9f4-41c74004050d","block_type":"box","text":"such things as unforeseen changes in","page_number":4,"box":{"x":749,"y":713,"width":158,"height":8}},{"id":"214e00c7-6fe4-4afc-82df-1c2c1444a849","block_type":"box","text":"management, technology, economic","page_number":4,"box":{"x":750,"y":722,"width":152,"height":8}},{"id":"f792df06-8fb4-4f22-a62a-30d49e98c381","block_type":"box","text":"development, interest rate development,","page_number":4,"box":{"x":749,"y":732,"width":172,"height":8}},{"id":"4a3161e2-ac06-408f-87a5-d87ddd949330","block_type":"box","text":"operating and/or material costs, competitive","page_number":4,"box":{"x":749,"y":741,"width":187,"height":8}},{"id":"13d0cae4-ade9-40ee-ad93-95a6a3b41179","block_type":"box","text":"pressure, supervisory law, exchange rate, tax","page_number":4,"box":{"x":750,"y":751,"width":188,"height":8}},{"id":"5c1ec3d8-91f0-4faa-a719-bbce84132916","block_type":"box","text":"rates, exchange rate changes, and/or changes in","page_number":4,"box":{"x":750,"y":760,"width":202,"height":8}},{"id":"4dbccabf-bb72-4a0c-9187-ad582e88b65b","block_type":"box","text":"political and social conditions, and (v) should","page_number":4,"box":{"x":750,"y":770,"width":187,"height":8}},{"id":"65e2e766-2f29-455d-ab07-06349a9e201d","block_type":"box","text":"not be considered an offer or solicitation to buy","page_number":4,"box":{"x":750,"y":779,"width":198,"height":8}},{"id":"2adf6112-9e20-4f2a-9c72-0c6b5604ef1f","block_type":"box","text":"or sell the investment product. A change in the","page_number":4,"box":{"x":749,"y":789,"width":197,"height":8}},{"id":"bb21543a-c2bf-45dc-a6c6-50ffc8db8253","block_type":"box","text":"fundamental factors underlying the Morningstar","page_number":4,"box":{"x":749,"y":798,"width":204,"height":8}},{"id":"3c2d3690-7625-41a9-9aab-b3132abd90f9","block_type":"box","text":"Medalist Rating can mean that the rating is","page_number":4,"box":{"x":750,"y":808,"width":180,"height":8}},{"id":"3af37e7c-df0b-427a-a4f6-b7789c5c4e82","block_type":"box","text":"subsequently no longer accurate.","page_number":4,"box":{"x":749,"y":817,"width":141,"height":8}},{"id":"6ec4bd1f-b41a-4e89-a6b5-c6d78b650b5c","block_type":"box","text":"The whole or any part of this work may not be","page_number":4,"box":{"x":749,"y":827,"width":192,"height":8}},{"id":"8da0cd00-cc21-435b-8979-84da39bd75b1","block_type":"box","text":"reproduced, copied or transmitted or any of its","page_number":4,"box":{"x":750,"y":836,"width":196,"height":8}},{"id":"5bd468af-0c84-47ac-b658-cbaff7814f36","block_type":"box","text":"contents disclosed to third parties without","page_number":4,"box":{"x":749,"y":846,"width":180,"height":8}},{"id":"f231628c-8185-44c5-adbe-aae04163eb82","block_type":"box","text":"State Street Investment Management’s express","page_number":4,"box":{"x":749,"y":855,"width":201,"height":8}},{"id":"f6b0894b-5b7b-401c-a6d7-428c7a3f348a","block_type":"box","text":"written consent.","page_number":4,"box":{"x":749,"y":865,"width":69,"height":6}},{"id":"e759d879-69ac-4b92-9e38-8b632f374766","block_type":"box","text":"©","page_number":4,"box":{"x":749,"y":885,"width":5,"height":4}},{"id":"abb819ae-eb75-4563-953c-811b6dd8cab5","block_type":"box","text":"2026 State Street Corporation.","page_number":4,"box":{"x":756,"y":886,"width":131,"height":7}},{"id":"d56f07ec-8d52-45d8-8328-bb2d0952e1de","block_type":"box","text":"All Rights Reserved.","page_number":4,"box":{"x":749,"y":895,"width":84,"height":8}},{"id":"a6593f62-567b-4629-a549-f73299876879","block_type":"box","text":"Expiration Date: 30/09/2027","page_number":4,"box":{"x":750,"y":905,"width":121,"height":7}}],"unit":"per_mille","page_width":595,"page_height":841,"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":"56a91ff4-8037-43bb-ac81-b234c074b5dd"},"user_id":1000002,"date_created":"2026-10-06T21:02:40.653000Z","date_modified":"2026-10-06T21:02:40.653000Z","private":false}