{"annotation_id":"4d3724bd-4413-4a8e-b6df-97951c13972a","file_hash":"a5fdd07214fa2f2303e62648ede46a8873be3aa6ae3bbbe9c74c566ff561bf3d","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"c55b03ac-b134-4cfe-bde7-acc255b3ac80","block_type":"box","text":"State Street Global Treasury Bond","page_number":1,"box":{"x":51,"y":71,"width":598,"height":23}},{"id":"f5190385-1d08-417d-a8ee-c342dbdda8e0","block_type":"box","text":"Index Fund - I EUR Portfolio Hedged","page_number":1,"box":{"x":52,"y":105,"width":604,"height":23}},{"id":"d942e85f-1e49-4208-a963-0f3d3fc2fc3a","block_type":"box","text":"Asset Class","page_number":1,"box":{"x":754,"y":46,"width":58,"height":6}},{"id":"949e21c8-5c0b-4c14-894c-abc71d3c9c7a","block_type":"box","text":"Fixed Income","page_number":1,"box":{"x":754,"y":62,"width":71,"height":5}},{"id":"718c8e89-6a34-4323-a156-0581ef481fde","block_type":"box","text":"Fund Identifier","page_number":1,"box":{"x":754,"y":92,"width":72,"height":6}},{"id":"b65f1a57-6570-4bc3-83d2-2a585b1fc328","block_type":"box","text":"LU0956451354","page_number":1,"box":{"x":754,"y":106,"width":82,"height":6}},{"id":"b6278c94-0278-4cc0-aad6-5049359a1b65","block_type":"box","text":"As of 31 Oct 2025","page_number":1,"box":{"x":753,"y":136,"width":92,"height":6}},{"id":"4217fd2b-a930-46bd-b526-dd3774ca29a8","block_type":"box","text":"The information presented is intend to provide transparency to investors around sustainability characteristics of the fund. Presenting this information should not be construed as a","page_number":1,"box":{"x":50,"y":182,"width":883,"height":7}},{"id":"a477713f-06c8-4351-8d89-231caca1d02e","block_type":"box","text":"representation of the fund’s current or future investment objective, nor should it be viewed as an indicator of the fund manager’s current or future investment decision-making.","page_number":1,"box":{"x":51,"y":192,"width":860,"height":8}},{"id":"c3d4b546-e9eb-49d3-ae77-03a02df77aa4","block_type":"box","text":"Source: State Street Investment Management, MSCI, CBI. Holdings as of 31 Oct 2025,","page_number":1,"box":{"x":50,"y":228,"width":424,"height":7}},{"id":"a91f1614-51c5-45e2-9ed0-0bea5f7ae4df","block_type":"box","text":"sustainability data as of 30 Sep 2025.","page_number":1,"box":{"x":50,"y":238,"width":188,"height":8}},{"id":"d56f2fd4-724d-4339-a0b1-8a41bee34ba3","block_type":"box","text":"See Glossary for definitions and detailed calculation notes such as missing data","page_number":1,"box":{"x":50,"y":247,"width":393,"height":8}},{"id":"cffcdef0-5b6f-418b-a81b-a5be78a71339","block_type":"box","text":"treatment, data lag and exclusions. The results are estimates based on assumptions","page_number":1,"box":{"x":50,"y":258,"width":416,"height":7}},{"id":"017d3c94-ab10-4124-96c0-bb1ecf6ebce2","block_type":"box","text":"and analysis made by State Street Investment Management. They are not intended to","page_number":1,"box":{"x":50,"y":269,"width":423,"height":7}},{"id":"0aefebcb-a7d1-46e5-9a77-70d0f6000f14","block_type":"box","text":"represent actual results of any offering.","page_number":1,"box":{"x":51,"y":279,"width":192,"height":8}},{"id":"f89f9ed7-d5f4-402b-9ee2-74fbe4ac84de","block_type":"box","text":"Actual results may differ.","page_number":1,"box":{"x":50,"y":291,"width":123,"height":7}},{"id":"af43c892-9f27-419c-83f2-a058e5b770b1","block_type":"box","text":"Green Bonds","page_number":1,"box":{"x":50,"y":332,"width":97,"height":8}},{"id":"c899b672-83d8-4c24-b11d-0c48e8e62ab9","block_type":"box","text":"1.63%","page_number":1,"box":{"x":112,"y":362,"width":50,"height":8}},{"id":"b0d25668-2cf3-455d-9eaf-119504c9148c","block_type":"box","text":"Adverse Sustainability Indicator","page_number":1,"box":{"x":50,"y":411,"width":241,"height":10}},{"id":"777d13c2-8543-493e-824a-0b4b21274034","block_type":"box","text":"Sovereign - Additional Social","page_number":1,"box":{"x":50,"y":437,"width":154,"height":7}},{"id":"57494f4b-ba5f-4250-8794-be27118e6e65","block_type":"box","text":"Average Income Inequality Score","page_number":1,"box":{"x":50,"y":485,"width":165,"height":7}},{"id":"9555cae0-5339-4166-82ec-40d3b1e53f30","block_type":"box","text":"36.80","page_number":1,"box":{"x":359,"y":486,"width":38,"height":6}},{"id":"84d6b492-a34a-420f-8997-6700477c77fe","block_type":"box","text":"Average Freedom Of Expression Score","page_number":1,"box":{"x":50,"y":501,"width":195,"height":7}},{"id":"5a6dfa1d-c1f3-480a-a8ef-710bdc00bfe1","block_type":"box","text":"64.16","page_number":1,"box":{"x":359,"y":502,"width":38,"height":6}},{"id":"6b292c0f-3eb2-4c7a-9240-780ee9ab071e","block_type":"box","text":"Sovereign - Governance","page_number":1,"box":{"x":50,"y":522,"width":129,"height":8}},{"id":"e9a84633-389e-4b45-b5f6-60c9302749e5","block_type":"box","text":"Average Corruption Score","page_number":1,"box":{"x":50,"y":570,"width":131,"height":7}},{"id":"c0ef0d26-7b99-4758-b633-14509bafc7bf","block_type":"box","text":"63.35","page_number":1,"box":{"x":359,"y":571,"width":38,"height":6}},{"id":"9c3d2ffd-807e-47ce-83fc-3b83e08eae3c","block_type":"box","text":"Sovereign - Jurisdictions","page_number":1,"box":{"x":50,"y":592,"width":133,"height":7}},{"id":"3d3aadf3-7972-4422-8cd9-81843867c471","block_type":"box","text":"Average Political Stability Score","page_number":1,"box":{"x":50,"y":640,"width":159,"height":7}},{"id":"668e1894-66ac-4af6-9a91-9c7c124c3336","block_type":"box","text":"6.51","page_number":1,"box":{"x":367,"y":641,"width":30,"height":6}},{"id":"729caacf-963a-436e-a57d-7d996826c701","block_type":"box","text":"Average Rule Of Law Score","page_number":1,"box":{"x":50,"y":655,"width":136,"height":8}},{"id":"bf163cb5-952b-4748-aac3-6a78f9323185","block_type":"box","text":"1.12","page_number":1,"box":{"x":367,"y":656,"width":30,"height":6}},{"id":"a48a3f9f-1cf4-4bb3-8e3a-3365dfb171d5","block_type":"box","text":"ESG Score","page_number":1,"box":{"x":535,"y":228,"width":79,"height":8}},{"id":"bfc56493-cbec-42f3-b01e-27bcfe73e258","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":608,"y":251,"width":41,"height":6}},{"id":"4475bc07-ab60-4a36-b6bb-3ab45eba506b","block_type":"box","text":"5.88","page_number":1,"box":{"x":609,"y":263,"width":79,"height":15}},{"id":"a2334c87-2766-46e8-ba9a-71f6ad758245","block_type":"box","text":"ESG Rating","page_number":1,"box":{"x":770,"y":228,"width":84,"height":10}},{"id":"c5b15ace-9cb0-4992-87d2-9d2481b7770f","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":842,"y":251,"width":42,"height":6}},{"id":"d66c6919-b70c-4cbc-b008-f06cebabc710","block_type":"box","text":"A","page_number":1,"box":{"x":842,"y":263,"width":19,"height":15}},{"id":"5195d26c-0457-4f9a-ba88-595d20485a16","block_type":"box","text":"ESG Rating Distribution","page_number":1,"box":{"x":516,"y":333,"width":176,"height":10}},{"id":"66d717a8-28eb-49ab-8f9e-d00717ceb876","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":907,"y":357,"width":41,"height":6}},{"id":"7a3a13ea-0ae0-4495-a279-7bb575926a6b","block_type":"box","text":"ESG Leaders","page_number":1,"box":{"x":516,"y":371,"width":65,"height":6}},{"id":"a3f160b3-4f2a-481d-b554-2e2f1e1879d0","block_type":"box","text":"9.54%","page_number":1,"box":{"x":911,"y":372,"width":37,"height":6}},{"id":"1c26fe4f-8916-4e9b-af1b-39cd186a8294","block_type":"box","text":"ESG Average","page_number":1,"box":{"x":516,"y":387,"width":66,"height":7}},{"id":"f9a49477-2fa3-4a7f-8a31-030fbb379229","block_type":"box","text":"90.25%","page_number":1,"box":{"x":903,"y":388,"width":45,"height":6}},{"id":"1d990284-aa08-42e1-a9f9-45ab60e05750","block_type":"box","text":"ESG Laggards","page_number":1,"box":{"x":516,"y":403,"width":71,"height":7}},{"id":"f112a46e-311e-4bdb-978f-407e606d5cdf","block_type":"box","text":"0.00%","page_number":1,"box":{"x":910,"y":404,"width":38,"height":6}},{"id":"c3dcc7d7-8b44-46a3-9db3-dd7d2ed353c2","block_type":"box","text":"ESG Not Covered","page_number":1,"box":{"x":516,"y":418,"width":88,"height":6}},{"id":"d2112007-ae9c-47ee-a2f2-6ae886dbd492","block_type":"box","text":"0.22%","page_number":1,"box":{"x":910,"y":420,"width":38,"height":5}},{"id":"fc348c0d-31b0-4eeb-88b5-b1b8827c77e9","block_type":"box","text":"Weighted Average Carbon Intensity","page_number":1,"box":{"x":515,"y":456,"width":268,"height":10}},{"id":"d67db68a-b00a-4090-b4f4-4232a1e425ed","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":760,"y":492,"width":39,"height":6}},{"id":"72636f6d-1626-419f-94f5-d7399391c865","block_type":"box","text":"Coverage %","page_number":1,"box":{"x":892,"y":482,"width":56,"height":7}},{"id":"b21d203b-e66c-4703-a43c-c31042fd5768","block_type":"box","text":"MV Portfolio","page_number":1,"box":{"x":891,"y":492,"width":57,"height":6}},{"id":"418df2c2-c7a6-40d9-b84d-ef51fc5ef1a9","block_type":"box","text":"Scope 1 Exclude LULUCF","page_number":1,"box":{"x":515,"y":506,"width":118,"height":7}},{"id":"f3329e52-4df5-4a78-b2d5-2364fe1ae260","block_type":"box","text":"206.90","page_number":1,"box":{"x":757,"y":507,"width":42,"height":5}},{"id":"45791dfd-f988-4d28-807d-b468c9616ab7","block_type":"box","text":"99.78","page_number":1,"box":{"x":913,"y":507,"width":35,"height":5}},{"id":"f69aaabe-fa58-4d55-8d28-b783ea3ee5ef","block_type":"box","text":"Scope 1 Include LULUCF","page_number":1,"box":{"x":515,"y":521,"width":115,"height":7}},{"id":"b99cf1c8-2357-49d7-8b71-a9fc18bf205a","block_type":"box","text":"195.50","page_number":1,"box":{"x":757,"y":522,"width":42,"height":6}},{"id":"d684d5cd-1903-4e9b-a618-b41e98186467","block_type":"box","text":"99.78","page_number":1,"box":{"x":913,"y":522,"width":35,"height":6}},{"id":"61370e9d-4ff6-4817-9ed9-4487f02d9cee","block_type":"box","text":"Consumption","page_number":1,"box":{"x":516,"y":537,"width":62,"height":6}},{"id":"84223a9d-bb2f-4ce6-b99e-fec99dd5ffde","block_type":"box","text":"229.84","page_number":1,"box":{"x":757,"y":538,"width":42,"height":5}},{"id":"dbc28e1c-fd0a-4a6f-a31d-07a73a6976a7","block_type":"box","text":"99.78","page_number":1,"box":{"x":913,"y":538,"width":35,"height":5}},{"id":"e172b514-2c5e-46da-9331-02425acc307d","block_type":"box","text":"Total Carbon Emissions","page_number":1,"box":{"x":516,"y":574,"width":177,"height":8}},{"id":"c1dfe87b-6d9f-4107-9c7f-3fb721fb1c17","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":757,"y":609,"width":42,"height":6}},{"id":"4630e11d-c8fa-4177-8b73-4e7f7e661fe8","block_type":"box","text":"Coverage %","page_number":1,"box":{"x":888,"y":599,"width":60,"height":7}},{"id":"8cea47ac-a184-48a4-898b-46a743cfa26d","block_type":"box","text":"MV Portfolio","page_number":1,"box":{"x":887,"y":609,"width":61,"height":6}},{"id":"fa21360b-fff1-4fcb-ba4d-dc95c4a7fe92","block_type":"box","text":"Scope 1 Exclude LULUCF","page_number":1,"box":{"x":516,"y":623,"width":126,"height":8}},{"id":"a03f1e83-929e-44f8-a2d9-85fd5ef431f8","block_type":"box","text":"495,029.29","page_number":1,"box":{"x":722,"y":625,"width":76,"height":7}},{"id":"676f24fd-8418-460c-9493-ca783a21a19c","block_type":"box","text":"99.78","page_number":1,"box":{"x":911,"y":625,"width":37,"height":6}},{"id":"bbe8d497-799e-4547-9acf-074d1d82fdd3","block_type":"box","text":"Scope 1 Include LULUCF","page_number":1,"box":{"x":516,"y":639,"width":122,"height":7}},{"id":"ccab4fe4-d192-49a7-80c3-d3df2196a36c","block_type":"box","text":"467,754.65","page_number":1,"box":{"x":722,"y":640,"width":76,"height":8}},{"id":"652f2849-f7ae-4950-84c5-917d4cd227e9","block_type":"box","text":"99.78","page_number":1,"box":{"x":911,"y":640,"width":37,"height":6}},{"id":"e7aabdfa-8301-4570-90ba-b2768b9925c0","block_type":"box","text":"Consumption","page_number":1,"box":{"x":516,"y":655,"width":67,"height":7}},{"id":"814c62d1-b388-43a7-a509-8d1a51f50370","block_type":"box","text":"549,904.46","page_number":1,"box":{"x":722,"y":656,"width":77,"height":7}},{"id":"80ba9834-3a47-493c-8fa8-90485c241ea2","block_type":"box","text":"99.78","page_number":1,"box":{"x":911,"y":656,"width":37,"height":6}},{"id":"ff25fb95-5cd7-491f-ba92-6347388de353","block_type":"box","text":"Government Freedom Status","page_number":1,"box":{"x":516,"y":692,"width":221,"height":8}},{"id":"6c664ee5-9c16-4832-bcbf-139c3ead44c3","block_type":"box","text":"(Market Value)","page_number":1,"box":{"x":516,"y":707,"width":63,"height":5}},{"id":"2bd4e725-5031-4360-8eb9-86cfaa76ad6a","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":624,"y":737,"width":39,"height":5}},{"id":"e7215318-dedb-44bb-a8c0-e59d88ca6df3","block_type":"box","text":"Free","page_number":1,"box":{"x":533,"y":756,"width":20,"height":6}},{"id":"9e99a428-ed54-4046-b523-40b7a5cdc5da","block_type":"box","text":"85.96%","page_number":1,"box":{"x":616,"y":757,"width":46,"height":6}},{"id":"0519a7b3-131c-43be-be01-f719f9d4f45f","block_type":"box","text":"Partially Free","page_number":1,"box":{"x":533,"y":776,"width":60,"height":7}},{"id":"418801e8-340a-456a-acd3-f64690255964","block_type":"box","text":"2.71%","page_number":1,"box":{"x":624,"y":777,"width":38,"height":6}},{"id":"c3519587-ce9a-4b62-9e81-27e31f9ec703","block_type":"box","text":"Not Free","page_number":1,"box":{"x":533,"y":796,"width":39,"height":6}},{"id":"bd1c4d10-95d5-418f-b207-588a93e512b9","block_type":"box","text":"11.11%","page_number":1,"box":{"x":617,"y":797,"width":45,"height":6}},{"id":"f2d91ca8-faf0-4392-877e-7ec407b97f53","block_type":"box","text":"No Data","page_number":1,"box":{"x":533,"y":816,"width":37,"height":6}},{"id":"cb577825-2f79-489a-8a17-3889784b39b9","block_type":"box","text":"0.22%","page_number":1,"box":{"x":624,"y":817,"width":38,"height":6}},{"id":"86e696dd-0754-4e51-b80f-6f520419a8bb","block_type":"box","text":"Report ID: 5081843.1","page_number":1,"box":{"x":362,"y":968,"width":114,"height":9}},{"id":"44654b0d-54f4-4412-95e8-7327da44708d","block_type":"box","text":"Published: 18 Nov 2025","page_number":1,"box":{"x":496,"y":968,"width":129,"height":7}},{"id":"943301b9-b9f6-4e49-a3ca-37291a94bdea","block_type":"box","text":"P","page_number":1,"box":{"x":902,"y":968,"width":5,"height":6}},{"id":"b466f5d6-2b3d-45c1-926b-4358f0881521","block_type":"box","text":"a","page_number":1,"box":{"x":908,"y":970,"width":5,"height":4}},{"id":"8f53a847-52d5-44c1-9b29-0a26b17e365e","block_type":"box","text":"g","page_number":1,"box":{"x":913,"y":970,"width":6,"height":5}},{"id":"fc0d1571-23b0-4e6d-a9ed-8842dbbe615c","block_type":"box","text":"e","page_number":1,"box":{"x":919,"y":970,"width":5,"height":4}},{"id":"6ab48cd9-19eb-46aa-bd5f-ec46862ba7be","block_type":"box","text":"1","page_number":1,"box":{"x":927,"y":968,"width":2,"height":6}},{"id":"eb6a4388-5794-4bba-adaa-69486543030f","block_type":"box","text":"of","page_number":1,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"262364a2-0753-4236-b127-90e4c7327890","block_type":"box","text":"5","page_number":1,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"0808e152-bd39-47dd-bf34-eb7baa15b7b1","block_type":"box","text":"Glossary","page_number":2,"box":{"x":51,"y":57,"width":129,"height":19}},{"id":"13357710-2429-474c-840e-8eac6bf8503e","block_type":"box","text":"Sustainability data is as of the date identified in the report sections","page_number":2,"box":{"x":50,"y":92,"width":394,"height":9}},{"id":"af338715-8f09-4e53-9e6a-a3a838de9dcf","block_type":"box","text":"above, usually on a month lag. All metrics are reported in USD unless","page_number":2,"box":{"x":50,"y":105,"width":406,"height":9}},{"id":"58bd1cc3-1221-4d0f-9864-cdf706a0e176","block_type":"box","text":"otherwise stated.","page_number":2,"box":{"x":50,"y":118,"width":102,"height":7}},{"id":"22cd6b69-b2e0-4f20-963d-1fc54c62ca2a","block_type":"box","text":"Data Treatments:","page_number":2,"box":{"x":51,"y":135,"width":111,"height":7}},{"id":"d4618a80-829a-4163-9835-570f87caf721","block_type":"box","text":"State Street applies the data treatments where appli","page_number":2,"box":{"x":168,"y":135,"width":310,"height":9}},{"id":"c7724a08-8a5d-495a-82ab-6ae5e4d14b53","block_type":"box","text":"cable to Sustainability Metrics. To review the data treatments and the","page_number":2,"box":{"x":50,"y":148,"width":413,"height":9}},{"id":"bb25036c-837a-43e0-b64c-0c3820fef18a","block_type":"box","text":"metrics they are applied to please see the data treatments table below.","page_number":2,"box":{"x":51,"y":161,"width":419,"height":9}},{"id":"2959d6fd-c2c1-4072-a265-f9e8b7c5e1d1","block_type":"box","text":"ESG Score/ESG Rating - MSCI:","page_number":2,"box":{"x":51,"y":178,"width":194,"height":9}},{"id":"ac25b699-4a02-4a8b-99b6-993e17cf8453","block_type":"box","text":"Provide an opinion of sovereign and","page_number":2,"box":{"x":249,"y":178,"width":210,"height":9}},{"id":"7c06f3e4-f330-404d-888e-9ec73a8fe213","block_type":"box","text":"sub-sovereign entities’ exposure to and management of ESG risks. MSCI","page_number":2,"box":{"x":50,"y":191,"width":429,"height":9}},{"id":"7b7bd463-202b-46ff-9fd7-72e46c073e58","block_type":"box","text":"ESG Research defines ESG risks to sovereign or sub sovereign entities","page_number":2,"box":{"x":51,"y":204,"width":417,"height":9}},{"id":"19e1cb0f-78cf-400c-92b0-4849956447b6","block_type":"box","text":"as environmental, social, or governance-related issues that could impact","page_number":2,"box":{"x":50,"y":217,"width":430,"height":9}},{"id":"52ce09ce-14ce-482b-b76d-5ec65cb2a9f3","block_type":"box","text":"the long-term sustainability of their economies. MSCI ESG Government","page_number":2,"box":{"x":50,"y":230,"width":423,"height":9}},{"id":"9b50c624-4f3c-400f-9680-58eff2befeb2","block_type":"box","text":"Ratings are determined for countries, local authorities, and supranational","page_number":2,"box":{"x":51,"y":243,"width":431,"height":8}},{"id":"3e2f580e-d572-48cc-a52d-0a26f9069d84","block_type":"box","text":"administrative bodies and are relative to a global peer set. Each rating","page_number":2,"box":{"x":50,"y":256,"width":413,"height":8}},{"id":"c2788dac-ab50-48eb-beb0-1b698f17b757","block_type":"box","text":"takes into consideration measures of environmental risk and manage","page_number":2,"box":{"x":50,"y":268,"width":410,"height":9}},{"id":"29eadd8f-f0a3-4ce7-a238-55d24b9982f9","block_type":"box","text":"ment, knowledge and social capital, and the strength of financial, judicial,","page_number":2,"box":{"x":51,"y":281,"width":428,"height":9}},{"id":"4b8214d2-c988-4c30-90e7-603ac033c735","block_type":"box","text":"and political systems. ESG Government Scores are calculated for all","page_number":2,"box":{"x":50,"y":294,"width":404,"height":9}},{"id":"1f5d6711-7e15-4c57-90bc-479d4c102018","block_type":"box","text":"countries and then converted into a letter rating. The AAA rating rep","page_number":2,"box":{"x":50,"y":307,"width":405,"height":9}},{"id":"87664a5a-b695-47bc-853b-bcea13961543","block_type":"box","text":"resents the highest ESG Rating (i.e., lower ESG risk exposure and stron","page_number":2,"box":{"x":51,"y":319,"width":416,"height":9}},{"id":"d3f4b3ca-84e8-4512-9ed2-76cd87c4207c","block_type":"box","text":"ger risk management) whereas the CCC rating represents the lowest","page_number":2,"box":{"x":50,"y":332,"width":408,"height":9}},{"id":"7777ff0c-3386-4e8d-8bb2-b20ac376f550","block_type":"box","text":"ESG Rating (i.e., higher ESG risk exposure and weaker risk management).","page_number":2,"box":{"x":51,"y":345,"width":432,"height":9}},{"id":"61cc164d-45a2-456d-b57b-1c17a2b4c860","block_type":"box","text":"ESG Ratings Distribution - MSCI","page_number":2,"box":{"x":51,"y":363,"width":203,"height":9}},{"id":"abe367a9-7e2c-46fa-ae70-49d47db6a03a","block_type":"box","text":"ESG Leaders: Rated AAA or AA:","page_number":2,"box":{"x":78,"y":380,"width":203,"height":7}},{"id":"87212678-37ba-4f89-880d-557aec42cde3","block_type":"box","text":"Issuers(sovereign) that have","page_number":2,"box":{"x":285,"y":380,"width":167,"height":9}},{"id":"a2b1b0c3-84e2-419d-9c90-f4c5ea112a15","block_type":"box","text":"strong management of financially relevant environmental, social and","page_number":2,"box":{"x":77,"y":393,"width":404,"height":9}},{"id":"d8e9d87b-9615-425b-884f-d77f452c4293","block_type":"box","text":"AA governance issues.","page_number":2,"box":{"x":77,"y":406,"width":135,"height":9}},{"id":"d3fc28de-c33d-48ab-a864-6b89f5cc7129","block_type":"box","text":"ESG Average: Rated A, BBB or BB:","page_number":2,"box":{"x":78,"y":424,"width":217,"height":8}},{"id":"057ec59e-a778-4ffe-8e48-76c5c86307c9","block_type":"box","text":"Issuers(sovereign) that have","page_number":2,"box":{"x":299,"y":423,"width":166,"height":9}},{"id":"dc3eb8c7-e9cb-4aa7-8597-4216b349d199","block_type":"box","text":"average management of ESG issues.","page_number":2,"box":{"x":77,"y":436,"width":217,"height":9}},{"id":"1aae5eca-b981-4910-9da2-d0b0eb350502","block_type":"box","text":"ESG Laggards: Rated B or CCC:","page_number":2,"box":{"x":78,"y":454,"width":199,"height":9}},{"id":"8e0430bb-2acb-4ee9-a209-d283e1793626","block_type":"box","text":"Issuers(sovereign) that do not","page_number":2,"box":{"x":282,"y":454,"width":175,"height":9}},{"id":"f1d57022-1114-43a7-857e-a3d1a98cb76f","block_type":"box","text":"demonstrate adequate management of the financially relevant ESG","page_number":2,"box":{"x":77,"y":467,"width":400,"height":9}},{"id":"88814c3b-12d8-4ca2-8912-eb3002798b8f","block_type":"box","text":"risks that they face.","page_number":2,"box":{"x":78,"y":480,"width":114,"height":8}},{"id":"7b0f0757-806c-4d90-bfab-131777a32713","block_type":"box","text":"ESG Not Covered:","page_number":2,"box":{"x":78,"y":497,"width":113,"height":7}},{"id":"42ba8196-f6e7-4051-926a-b7f484f78769","block_type":"box","text":"Issuers(sovereign) which have not been evaluat","page_number":2,"box":{"x":195,"y":497,"width":280,"height":9}},{"id":"c723955c-ac38-4ad0-9166-66cefecf4a4e","block_type":"box","text":"ed for ESG sustainability risks.","page_number":2,"box":{"x":77,"y":510,"width":179,"height":9}},{"id":"b0b03be4-844e-4ce2-a4af-c659211be7a5","block_type":"box","text":"Green Bonds – CBI:","page_number":2,"box":{"x":50,"y":528,"width":123,"height":7}},{"id":"249275bd-cda1-48bc-b242-4499d0310447","block_type":"box","text":"Market Value of Securities with Green Bonds as","page_number":2,"box":{"x":177,"y":528,"width":281,"height":7}},{"id":"545dcdf9-cdf1-4f47-9634-beb2c748124a","block_type":"box","text":"a Percentage of the Total Market Value of all Securities in the Portfolio.","page_number":2,"box":{"x":50,"y":540,"width":416,"height":9}},{"id":"fc89cd41-d2d1-433c-a6dd-9ee18a64826d","block_type":"box","text":"Bonds are identified as green if they meet the criteria for Climate Bonds","page_number":2,"box":{"x":51,"y":553,"width":423,"height":9}},{"id":"ee056bd8-355f-40ab-8f35-1e3d7ac1333e","block_type":"box","text":"Initiative’s (CBI) green labelled database. For more information on the","page_number":2,"box":{"x":51,"y":566,"width":408,"height":9}},{"id":"47d35a57-56a7-4826-986d-498cd9edb680","block_type":"box","text":"Green Bond Database methodology, please visit","page_number":2,"box":{"x":50,"y":579,"width":286,"height":9}},{"id":"4f1d6785-732f-43ee-a26e-4c825b768b90","block_type":"box","text":"https://www.climate","page_number":2,"box":{"x":340,"y":579,"width":116,"height":9}},{"id":"1b4cf2d9-312a-4e70-965c-4322cf95c853","block_type":"box","text":"bonds.net/data-insights/market-data/green-bond-dataset-methodology","page_number":2,"box":{"x":51,"y":592,"width":431,"height":9}},{"id":"9b0b3ef7-0e82-49ae-b54c-a12cbdf6c378","block_type":"box","text":"Adverse Sustainability Indicators(Weighted Average) - MSCI","page_number":2,"box":{"x":50,"y":609,"width":387,"height":9}},{"id":"ff19a4ad-d46f-43c8-992a-f27e3b25c483","block_type":"box","text":"Average Income Inequality Score(Weighted):","page_number":2,"box":{"x":77,"y":627,"width":286,"height":9}},{"id":"4970956d-5fb5-4fd4-bbc7-b4049508a00b","block_type":"box","text":"measures the","page_number":2,"box":{"x":367,"y":627,"width":80,"height":7}},{"id":"b63317fa-e8fa-4c44-8d72-bcbb3787f741","block_type":"box","text":"extent to which the distribution of income (or, in some cases, con","page_number":2,"box":{"x":77,"y":640,"width":382,"height":8}},{"id":"56da8d76-23ed-4cd4-bdd2-28fb3228c557","block_type":"box","text":"sumption expenditure) among individuals or households within an","page_number":2,"box":{"x":77,"y":652,"width":388,"height":9}},{"id":"59d0eacf-34a4-4e7f-9b30-8bd7dbfb888d","block_type":"box","text":"economy deviates from a perfectly equal distribution.","page_number":2,"box":{"x":77,"y":665,"width":317,"height":9}},{"id":"fc1b8566-0813-4a97-8dae-0637d3de1b6e","block_type":"box","text":"Average Corruption Score(Weighted):","page_number":2,"box":{"x":77,"y":683,"width":242,"height":9}},{"id":"c7aafa1f-c24d-4677-9dc9-ff2b6cb8f29e","block_type":"box","text":"Perceptions of public-sec","page_number":2,"box":{"x":324,"y":683,"width":151,"height":9}},{"id":"dc915211-56ce-4388-921e-4b3760e8cfaa","block_type":"box","text":"tor corruption, including bribery, diversion of public funds, use of","page_number":2,"box":{"x":77,"y":696,"width":381,"height":9}},{"id":"e8a3aff6-fe37-4b5a-8a93-424d1c4a24e2","block_type":"box","text":"public office for private gain, nepotism in the civil service, state","page_number":2,"box":{"x":78,"y":709,"width":369,"height":8}},{"id":"41200247-fd38-40a2-a62b-4425861bfe24","block_type":"box","text":"capture and mechanisms available to prevent corruption.","page_number":2,"box":{"x":77,"y":722,"width":339,"height":8}},{"id":"ed8a89cf-7f6b-4cbf-9c56-defd5e77c088","block_type":"box","text":"Average Rule of Law Score(Weighted):","page_number":2,"box":{"x":77,"y":739,"width":245,"height":9}},{"id":"f7415f28-089b-4b38-b285-f456515c654a","block_type":"box","text":"measures the strength","page_number":2,"box":{"x":326,"y":739,"width":133,"height":9}},{"id":"2bd8cdc7-68eb-4851-bd03-71e3b490b462","block_type":"box","text":"and predictability of a country’s legal system and institutions. As","page_number":2,"box":{"x":77,"y":752,"width":379,"height":9}},{"id":"e1bcf4c6-26d2-4df8-96b9-de82028218d6","block_type":"box","text":"sesses factors like: Protection of property rights, Contract enforce","page_number":2,"box":{"x":77,"y":765,"width":392,"height":8}},{"id":"7e6820ae-b13a-479f-8248-d76b9fc260c9","block_type":"box","text":"ment, Absence of corruption, Public safety and security.","page_number":2,"box":{"x":78,"y":778,"width":331,"height":8}},{"id":"fafa41ac-6e0f-4c64-836d-1e631a4628f7","block_type":"box","text":"Average Freedom of Expression Score(Weighted):","page_number":2,"box":{"x":77,"y":795,"width":319,"height":9}},{"id":"e26a260e-c177-403a-9e12-a82e44cdda7d","block_type":"box","text":"assesses","page_number":2,"box":{"x":399,"y":797,"width":55,"height":5}},{"id":"38b69eb1-08c1-4667-909e-4708fc5fd7b3","block_type":"box","text":"the extent to which countries and their citizens enjoy freedom of","page_number":2,"box":{"x":77,"y":808,"width":381,"height":9}},{"id":"043ad352-f8c5-460e-b186-6edff14f4787","block_type":"box","text":"expression. It evaluates the protection and promotion of fundamen","page_number":2,"box":{"x":77,"y":821,"width":395,"height":8}},{"id":"cf01f2a4-17bc-491f-abaf-a5c06a0661e5","block_type":"box","text":"tal freedoms, including freedom of speech, press, assembly, and","page_number":2,"box":{"x":77,"y":834,"width":379,"height":8}},{"id":"d0e2c744-bbd5-43de-a395-60ee3c13f386","block_type":"box","text":"association.","page_number":2,"box":{"x":77,"y":847,"width":70,"height":6}},{"id":"8457635a-fb6b-4b07-bc08-862d9b6d6056","block_type":"box","text":"Average Political Stability Score(Weighted):","page_number":2,"box":{"x":77,"y":864,"width":280,"height":9}},{"id":"bd72adcc-2cfd-471b-8582-35b6b52586ed","block_type":"box","text":"assesses the poten","page_number":2,"box":{"x":361,"y":864,"width":114,"height":9}},{"id":"e6095eab-e190-4320-8f52-f3734a4d3772","block_type":"box","text":"tial adverse impacts of investment decisions on sustainability fac","page_number":2,"box":{"x":77,"y":877,"width":385,"height":8}},{"id":"59f99bcd-f1f7-45ec-a709-24f4dde20cef","block_type":"box","text":"tors. Analyzes various factors related to political stability, including","page_number":2,"box":{"x":77,"y":890,"width":393,"height":8}},{"id":"70f219b3-febe-415d-9be2-354cdba98247","block_type":"box","text":"government stability, internal conflict, and external conflict.","page_number":2,"box":{"x":77,"y":902,"width":350,"height":9}},{"id":"34dd53b8-f3a1-410e-8a7f-a95f883c4280","block_type":"box","text":"Sovereign - Weighted Average Carbon Intensity - MSCI:","page_number":2,"box":{"x":50,"y":920,"width":355,"height":9}},{"id":"bd9515ce-0862-4bca-92d1-68ec78055fb0","block_type":"box","text":"Weighted","page_number":2,"box":{"x":409,"y":920,"width":56,"height":9}},{"id":"b3a764d0-4715-4174-9162-cec0e0f107d6","block_type":"box","text":"Average Carbon Intensity (WACI) evaluates a portfolio’s relative expo","page_number":2,"box":{"x":515,"y":92,"width":409,"height":9}},{"id":"b064c86e-3e34-4a00-b000-ed5cd486bce8","block_type":"box","text":"sure to carbon intensive economies. Portfolio-weighted GHG emis","page_number":2,"box":{"x":515,"y":105,"width":393,"height":9}},{"id":"590360ce-3dc1-4276-96cd-2d9115289215","block_type":"box","text":"sions per sovereign GDP. (PPP GDP (PPP-adjusted GDP of the country","page_number":2,"box":{"x":515,"y":117,"width":418,"height":9}},{"id":"f293a7dc-4c83-4526-b0db-225155977d1f","block_type":"box","text":"expressed in millions of US dollars.)","page_number":2,"box":{"x":515,"y":130,"width":209,"height":9}},{"id":"0f4b9f6c-ee87-4d7f-b6d9-012bce4cbde2","block_type":"box","text":"Scope 1 (exclude LULUCF) – MSCI:","page_number":2,"box":{"x":542,"y":148,"width":218,"height":9}},{"id":"68c20705-21f1-4a10-8c2a-5fd620e50754","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":766,"y":148,"width":180,"height":9}},{"id":"0c50a872-3766-4412-a37c-d90b2f4a94ff","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":161,"width":401,"height":9}},{"id":"68db716e-2ca2-426e-b852-83537aa8c3e7","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":174,"width":406,"height":8}},{"id":"cf5289ea-b26d-4815-80dc-ec980164861e","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located with","page_number":2,"box":{"x":542,"y":187,"width":400,"height":7}},{"id":"bd176557-947b-4c8e-9339-ee445a59cf13","block_type":"box","text":"in the country/territory. Values exclude land use, land-use change","page_number":2,"box":{"x":542,"y":199,"width":387,"height":9}},{"id":"396cfd9d-2c05-4bbd-8dc5-012ac037231e","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":212,"width":138,"height":9}},{"id":"2437a7fd-c343-4a19-876c-2bd9cdc21eb5","block_type":"box","text":"Scope 1 (include LULUCF) – MSCI:","page_number":2,"box":{"x":542,"y":230,"width":215,"height":8}},{"id":"7dc9312a-e7fc-4b04-837c-615ac1cdc05c","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":761,"y":230,"width":179,"height":8}},{"id":"88caf603-90f8-4cbb-9660-6d2ac532f695","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":242,"width":401,"height":9}},{"id":"00b96f37-02de-4c4d-83a1-f1df1e977519","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":255,"width":406,"height":9}},{"id":"8afa14e2-71a3-4c6e-818f-42278434b54b","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located","page_number":2,"box":{"x":542,"y":268,"width":373,"height":7}},{"id":"5a9013a2-b4cf-479f-8080-88970c8b14a5","block_type":"box","text":"within the country territory. Values include land use, land-use change","page_number":2,"box":{"x":542,"y":281,"width":407,"height":9}},{"id":"26cc49e6-314f-4e31-9245-781320bf1f02","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":294,"width":138,"height":9}},{"id":"67406938-dc58-48ab-b073-a0e3980d5e04","block_type":"box","text":"Consumption (Scope 1 exclude LULUCF + scope 2+3 - exported","page_number":2,"box":{"x":542,"y":311,"width":402,"height":9}},{"id":"952e7a54-7145-4523-80ca-1c04ca0e07a8","block_type":"box","text":"emissions) – MSCI:","page_number":2,"box":{"x":542,"y":324,"width":119,"height":8}},{"id":"528f08cf-e8ae-4211-8069-67303b0a3034","block_type":"box","text":"The estimated consumption emissions for the","page_number":2,"box":{"x":665,"y":324,"width":272,"height":9}},{"id":"a4d1d135-1188-43c6-bd30-c8ccaf78decc","block_type":"box","text":"country/territory (if available), in tons of CO2 equivalent per year","page_number":2,"box":{"x":542,"y":337,"width":382,"height":9}},{"id":"81ae8511-ebd6-4424-9c4a-15fc5afba320","block_type":"box","text":"(tCO2e/yr). MSCI ESG Research calculates consumption emissions","page_number":2,"box":{"x":542,"y":350,"width":401,"height":9}},{"id":"185bf8c6-5f1b-4ca6-916e-ec6e54090a7d","block_type":"box","text":"based on Scope 1 emissions excl. LULUCF plus Scope 2 and Scope","page_number":2,"box":{"x":542,"y":363,"width":397,"height":8}},{"id":"a33be4ca-a0d7-4fdf-a6d4-f5ea3d918700","block_type":"box","text":"3 emissions minus exported emissions.","page_number":2,"box":{"x":542,"y":376,"width":231,"height":8}},{"id":"63c326f3-b052-4794-b3b8-237831291a83","block_type":"box","text":"Total Carbon Emissions – MSCI:","page_number":2,"box":{"x":515,"y":393,"width":202,"height":7}},{"id":"0c0e9c3e-031f-4c7c-b1ae-3a64459cb09a","block_type":"box","text":"Total carbon emissions includes all","page_number":2,"box":{"x":723,"y":393,"width":206,"height":7}},{"id":"b1187008-c924-4483-b710-0546c3b219c4","block_type":"box","text":"greenhouse gas emissions produced within a country’s borders from all","page_number":2,"box":{"x":515,"y":406,"width":421,"height":9}},{"id":"63f9686b-a6ff-4c28-811c-d2c660031b52","block_type":"box","text":"sources, including energy production, industry, agriculture, and trans","page_number":2,"box":{"x":515,"y":419,"width":405,"height":9}},{"id":"cbcb1feb-0465-4e65-942a-2fa1f7af0d4a","block_type":"box","text":"portation apportioned by","page_number":2,"box":{"x":515,"y":432,"width":150,"height":8}},{"id":"62892b82-6669-4021-b9df-89fad5e236b6","block_type":"box","text":"PPP GDP","page_number":2,"box":{"x":668,"y":432,"width":58,"height":7}},{"id":"a18e0819-37bd-45d1-b8fd-0013aabcf6fb","block_type":"box","text":"(PPP-adjusted GDP of the country","page_number":2,"box":{"x":729,"y":431,"width":203,"height":9}},{"id":"ac709f6d-3e4f-4a03-9b87-d5e5ef27bba9","block_type":"box","text":"expressed in millions of US dollar).","page_number":2,"box":{"x":515,"y":444,"width":202,"height":9}},{"id":"388a9060-6c8e-4645-91c6-16d6c548296c","block_type":"box","text":"Scope 1 (excluding LULUCF) MSCI:","page_number":2,"box":{"x":542,"y":462,"width":220,"height":9}},{"id":"acef100b-1da8-41d0-95f2-b0baf22ee015","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":765,"y":462,"width":180,"height":9}},{"id":"9acc0360-9a2d-4613-bc83-3da96b34bfa6","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":475,"width":401,"height":9}},{"id":"2e8e642c-2bad-4ee2-be13-e77e5b076d23","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":488,"width":406,"height":8}},{"id":"0c5eb7fd-aa86-4148-a192-3346670ef646","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located with","page_number":2,"box":{"x":542,"y":501,"width":400,"height":7}},{"id":"6c1e8ff7-9fad-4da8-a2a8-a6979830cd85","block_type":"box","text":"in the country/territory. Values exclude land use, land-use change","page_number":2,"box":{"x":542,"y":513,"width":387,"height":9}},{"id":"5f7c7a27-33d3-440f-b656-471193a88726","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":526,"width":138,"height":9}},{"id":"22fab8f9-8d27-44e6-82de-c20a90217d66","block_type":"box","text":"Scope 1 (including LULUCF) MSCI:","page_number":2,"box":{"x":542,"y":544,"width":217,"height":9}},{"id":"d1bcf241-af4a-47e5-a753-498d8307e660","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":762,"y":544,"width":180,"height":8}},{"id":"314f1968-e8f3-481d-99f8-790dce597270","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":556,"width":401,"height":9}},{"id":"9f0796b5-fb4c-4892-9015-975667035969","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":569,"width":406,"height":9}},{"id":"5715b127-c948-4ffd-b1f7-b9163f3f9d01","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located","page_number":2,"box":{"x":542,"y":582,"width":373,"height":7}},{"id":"ce9733c6-9269-4311-a371-a37e2ad00d2f","block_type":"box","text":"within the country territory. Values include land use, land-use change","page_number":2,"box":{"x":542,"y":595,"width":407,"height":9}},{"id":"d1e23ba9-a023-410d-bb51-31595c0fcba5","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":608,"width":138,"height":9}},{"id":"7328f5fe-2ca3-486d-aeff-2bdeba554188","block_type":"box","text":"Consumption (Scope 1 exclude LULUCF + scope 2+3 - exported","page_number":2,"box":{"x":542,"y":625,"width":402,"height":9}},{"id":"8bf58c6f-2897-4402-9d2d-48395d368b3f","block_type":"box","text":"emissions) – MSCI:","page_number":2,"box":{"x":542,"y":638,"width":119,"height":8}},{"id":"f9e5544e-c33d-4dbf-b9c0-c5d850623fc4","block_type":"box","text":"The estimated consumption emissions for the","page_number":2,"box":{"x":665,"y":638,"width":272,"height":9}},{"id":"29bbae2d-b212-4047-9650-29c09a90f0aa","block_type":"box","text":"country/territory (if available), in tons of CO2 equivalent per year","page_number":2,"box":{"x":542,"y":651,"width":382,"height":9}},{"id":"1eb7a0e8-4275-405b-8fa7-53ec71f05718","block_type":"box","text":"(tCO2e/yr). MSCI ESG Research calculates consumption emissions","page_number":2,"box":{"x":542,"y":664,"width":401,"height":9}},{"id":"b9239410-2f0d-4abd-951a-41e5d56d28f3","block_type":"box","text":"based on Scope 1 emissions excl. LULUCF plus Scope 2 and Scope","page_number":2,"box":{"x":542,"y":677,"width":397,"height":8}},{"id":"f53a6f2a-9e79-473a-9c6b-624d8a86838a","block_type":"box","text":"3 emissions minus exported emissions.","page_number":2,"box":{"x":542,"y":690,"width":231,"height":8}},{"id":"0f96849f-0f71-46cc-8c68-e11fc9abae1e","block_type":"box","text":"Government Freedom Status MSCI:","page_number":2,"box":{"x":515,"y":707,"width":226,"height":7}},{"id":"a00eac5a-1c8d-47f5-81b8-e2394c533a37","block_type":"box","text":"Free:","page_number":2,"box":{"x":542,"y":725,"width":31,"height":7}},{"id":"9bc95f8b-d8a4-49ab-878d-46ab7e6be2ce","block_type":"box","text":"Countries with strong political rights and civil liberties.","page_number":2,"box":{"x":577,"y":725,"width":318,"height":9}},{"id":"ff78e27e-da2d-4365-b0c6-6629c9a05f7b","block_type":"box","text":"Partially Free:","page_number":2,"box":{"x":542,"y":742,"width":88,"height":9}},{"id":"b012fbb8-ed39-4f08-b35c-d366da038921","block_type":"box","text":"Countries where some political rights and civil liber","page_number":2,"box":{"x":634,"y":742,"width":301,"height":9}},{"id":"ca2cf18c-a875-4730-a2c4-6d58ab604348","block_type":"box","text":"ties are present, but there are challenges and limitations.","page_number":2,"box":{"x":542,"y":755,"width":334,"height":9}},{"id":"6f279b63-e4a5-4b4b-8bae-e404cf77db4b","block_type":"box","text":"Not Free:","page_number":2,"box":{"x":542,"y":773,"width":57,"height":7}},{"id":"92e9b1bb-38eb-4233-bde3-ca935e630553","block_type":"box","text":"Countries where political rights and civil liberties are","page_number":2,"box":{"x":603,"y":773,"width":308,"height":9}},{"id":"1559b87e-7fe5-4cbd-943e-7744e3024be5","block_type":"box","text":"largely absent.","page_number":2,"box":{"x":542,"y":786,"width":86,"height":8}},{"id":"cc1efcb8-2326-491f-acf2-96af4a839031","block_type":"box","text":"No Data:","page_number":2,"box":{"x":542,"y":803,"width":54,"height":7}},{"id":"1c4c5143-9f62-494e-8b6b-94ad8606f2d0","block_type":"box","text":"No data available to evaluate a country’s government","page_number":2,"box":{"x":600,"y":803,"width":314,"height":9}},{"id":"f4e32c64-89bd-45ff-8dfb-65fd3ede7243","block_type":"box","text":"based on political rights and civil liberties.","page_number":2,"box":{"x":542,"y":816,"width":245,"height":9}},{"id":"492b5af7-9fcb-44b9-862b-7c50b89cd0ff","block_type":"box","text":"Report ID: 5081843.1","page_number":2,"box":{"x":362,"y":968,"width":114,"height":9}},{"id":"4188e531-ffb8-400b-8f4d-11841ad09802","block_type":"box","text":"Published: 18 Nov 2025","page_number":2,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"861ac9ea-f770-422b-be3f-dc783eaa6fdf","block_type":"box","text":"P","page_number":2,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"5b712590-9731-483e-8fb2-76ffe12800db","block_type":"box","text":"a","page_number":2,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"c5ea6a1b-7717-43a7-ad28-37f890c52438","block_type":"box","text":"g","page_number":2,"box":{"x":911,"y":970,"width":5,"height":5}},{"id":"22746aa2-08f5-4a39-a633-63d4de716284","block_type":"box","text":"e","page_number":2,"box":{"x":916,"y":970,"width":6,"height":4}},{"id":"ae4fb4d1-560b-48fb-9988-772660fa5846","block_type":"box","text":"2","page_number":2,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"0a42fe4a-16a0-460d-b417-4d88b53b8177","block_type":"box","text":"of","page_number":2,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"08cfe746-d95b-4cbd-93a9-b5fed508e418","block_type":"box","text":"5","page_number":2,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"9a56c9e3-1aaa-475e-8d05-8015e9a5707c","block_type":"box","text":"Sustainability Sovereign Bond Portfolio Characteristics","page_number":3,"box":{"x":50,"y":44,"width":441,"height":11}},{"id":"729bb6c7-208f-4604-b4f3-8c9e93a3895d","block_type":"box","text":"Data Treatments:","page_number":3,"box":{"x":51,"y":81,"width":92,"height":6}},{"id":"8d1b162e-254b-45ce-9514-2b16591cc6cf","block_type":"box","text":"1. Exclusions - Exclude positions for specific security types that are not expected to have a score / rating. (Cash*, Cash Equivalents**, Derivatives, Rights and Warrants)","page_number":3,"box":{"x":50,"y":96,"width":821,"height":8}},{"id":"a0bdc46c-dd24-4d73-9205-72c219d8fd9a","block_type":"box","text":"2. Exclude securities without a value for a particular metric.","page_number":3,"box":{"x":50,"y":112,"width":291,"height":7}},{"id":"d2835406-2c49-4af6-87ca-5b28294b15cd","block_type":"box","text":"3. Rebalance the position weights of covered securities.","page_number":3,"box":{"x":50,"y":128,"width":274,"height":7}},{"id":"1c615761-b463-48c3-9d04-75c9d4cf2a72","block_type":"box","text":"Attributes","page_number":3,"box":{"x":50,"y":162,"width":55,"height":6}},{"id":"5193a3f4-bf22-4334-8b56-23c052ef2064","block_type":"box","text":"Exclusions","page_number":3,"box":{"x":345,"y":162,"width":56,"height":6}},{"id":"33c94b82-85f5-43ad-bdb3-76c2968c9ade","block_type":"box","text":"Additional Exclusions","page_number":3,"box":{"x":569,"y":162,"width":115,"height":6}},{"id":"cea142e4-1041-4c12-916b-7febe0effc23","block_type":"box","text":"Missing Data Treatment","page_number":3,"box":{"x":767,"y":162,"width":127,"height":8}},{"id":"71a681a8-46fe-40b7-80a2-116c46d4aa34","block_type":"box","text":"MSCI ESG Score","page_number":3,"box":{"x":51,"y":178,"width":83,"height":6}},{"id":"9f14c11e-d64e-4505-afc6-fe05af01a6cf","block_type":"box","text":"1.Cash and Cash Equivalents*","page_number":3,"box":{"x":344,"y":224,"width":146,"height":7}},{"id":"d69ae991-95f5-4f0c-b1d3-da32625952e2","block_type":"box","text":"2. Derivatives **","page_number":3,"box":{"x":344,"y":235,"width":79,"height":5}},{"id":"ab4dd65e-ad81-49c4-8576-74e6f398846e","block_type":"box","text":"3. Rights and Warrants","page_number":3,"box":{"x":344,"y":245,"width":112,"height":8}},{"id":"dfc6edfe-05cd-4d7c-ae17-781cd897bf70","block_type":"box","text":"4.Securities without a Score or Rating","page_number":3,"box":{"x":344,"y":256,"width":186,"height":7}},{"id":"6a1a29ae-a553-42ce-90b2-c62324bab752","block_type":"box","text":"N/A","page_number":3,"box":{"x":569,"y":240,"width":19,"height":6}},{"id":"702408fe-7225-41cd-a2ea-b37cc0cfd97a","block_type":"box","text":"N/A","page_number":3,"box":{"x":767,"y":240,"width":19,"height":6}},{"id":"93edf4d5-9d4b-4a82-878d-ad70ddd68a4a","block_type":"box","text":"MSCI ESG Rating","page_number":3,"box":{"x":51,"y":194,"width":86,"height":7}},{"id":"1f6d0ea7-f0b9-41a1-9445-66463c875b7a","block_type":"box","text":"MSCI Weighted Average Carbon Intensity","page_number":3,"box":{"x":51,"y":209,"width":206,"height":7}},{"id":"13130fba-0196-45ac-b9fe-c6576256fd9a","block_type":"box","text":"MSCI Carbon Emissions","page_number":3,"box":{"x":51,"y":224,"width":119,"height":6}},{"id":"35a07728-4238-43db-a8f6-d09ebdbe37ed","block_type":"box","text":"MSCI Average Income Inequality Score(Weighted)","page_number":3,"box":{"x":51,"y":240,"width":248,"height":7}},{"id":"d8e1d44f-98bc-4d7d-9fc3-75b525d20171","block_type":"box","text":"MSCI Average Freedom of Expression Score(Weighted)","page_number":3,"box":{"x":51,"y":255,"width":275,"height":8}},{"id":"00869736-4c80-463e-b129-601ae648627f","block_type":"box","text":"MSCI Average Corruption Score(Weighted)","page_number":3,"box":{"x":51,"y":271,"width":214,"height":7}},{"id":"fb229051-6e71-43dd-920f-6279eb7c5ac6","block_type":"box","text":"MSCI Average Political Stability Score(Weighted)","page_number":3,"box":{"x":51,"y":286,"width":242,"height":8}},{"id":"9be3a9e9-e741-475a-ae36-c388c596229d","block_type":"box","text":"Average Rule of Law Score(Weighted)","page_number":3,"box":{"x":50,"y":302,"width":188,"height":7}},{"id":"8bc3bf3d-7d0a-4a2d-923c-edce514842c5","block_type":"box","text":"MSCI ESG Ratings Distribution","page_number":3,"box":{"x":51,"y":317,"width":151,"height":7}},{"id":"2eaa18ab-5304-40f2-b6d4-4c0d62e7e919","block_type":"box","text":"1. Cash and Cash Equivalents *","page_number":3,"box":{"x":344,"y":330,"width":151,"height":7}},{"id":"43e8d24a-14a1-4729-9976-c2d472c344e0","block_type":"box","text":"2. Derivatives **","page_number":3,"box":{"x":344,"y":340,"width":79,"height":6}},{"id":"032d1c74-aa49-462c-bdd0-ff9e45603c1d","block_type":"box","text":"3. Rights and Warrants","page_number":3,"box":{"x":344,"y":351,"width":112,"height":7}},{"id":"4e2b02e2-9b56-4355-a77b-3a283e4b714c","block_type":"box","text":"N/A","page_number":3,"box":{"x":569,"y":340,"width":19,"height":7}},{"id":"77ab0a5b-87cf-49c9-b72b-f40cd74bd5c0","block_type":"box","text":"N/A","page_number":3,"box":{"x":767,"y":340,"width":19,"height":7}},{"id":"dc4e8577-6ad4-4726-8db3-a23462a001a9","block_type":"box","text":"Government Freedom Status","page_number":3,"box":{"x":50,"y":333,"width":145,"height":5}},{"id":"815dad0f-730c-4e36-8daa-3e6bbd1588f2","block_type":"box","text":"CBI Green Bonds","page_number":3,"box":{"x":50,"y":348,"width":86,"height":6}},{"id":"e6306782-55eb-4ea7-9df8-eccf22052100","block_type":"box","text":"Coverage for each ESG Attributes","page_number":3,"box":{"x":50,"y":363,"width":169,"height":8}},{"id":"0a121faa-f4c5-42d9-8cd2-0c14ce53518b","block_type":"box","text":"* Cash and Cash Equivalents: Cash, Cash Collateral, Money Market, Money Market Fund","page_number":3,"box":{"x":50,"y":379,"width":464,"height":7}},{"id":"bcd45831-86c3-44bc-9c43-3ec6d25395b8","block_type":"box","text":"** Derivatives: Futures, Options, Swaps, Swaptions, Forwards","page_number":3,"box":{"x":50,"y":389,"width":324,"height":8}},{"id":"b1a76d23-c3ad-4fd8-bac5-55bd9ca9c412","block_type":"box","text":"Report ID: 5081843.1","page_number":3,"box":{"x":362,"y":968,"width":114,"height":9}},{"id":"9fa58bfa-17dd-4b0f-bd76-bf803e6d79a7","block_type":"box","text":"Published: 18 Nov 2025","page_number":3,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"64fc64f5-023f-4849-a505-061291ab0c57","block_type":"box","text":"P","page_number":3,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"8e31deb1-d415-4288-bde0-922201db0bcd","block_type":"box","text":"a","page_number":3,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"d3db310c-9678-4701-8177-d6e3f2cdd1e6","block_type":"box","text":"g","page_number":3,"box":{"x":911,"y":970,"width":5,"height":5}},{"id":"cf9b65ff-dfc0-4ce8-a7bd-b2c91d2ebb39","block_type":"box","text":"e","page_number":3,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"150f577a-81fc-4259-b99e-180e76f082a5","block_type":"box","text":"3","page_number":3,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"248469de-7b95-46fb-bc3c-5c4e0fd6a738","block_type":"box","text":"of","page_number":3,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"7c1803a7-2af6-4cb1-ab23-b2656e7a23d4","block_type":"box","text":"5","page_number":3,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"a6d14aa3-7c21-400b-aaa9-fc85349c6226","block_type":"box","text":"Disclosures","page_number":4,"box":{"x":52,"y":58,"width":166,"height":15}},{"id":"734f95d4-b186-4517-bc06-691ba09f5a10","block_type":"box","text":"State Street Global Advisors (SSGA) is now State Street Investment","page_number":4,"box":{"x":50,"y":92,"width":433,"height":8}},{"id":"0773d437-da14-418b-8115-c8a34d2f0ce3","block_type":"box","text":"Management. Please click here for more information.","page_number":4,"box":{"x":51,"y":105,"width":336,"height":9}},{"id":"4832e6f1-75f4-41ac-809a-ed0d6dedad80","block_type":"box","text":"Marketing Communication","page_number":4,"box":{"x":51,"y":122,"width":170,"height":9}},{"id":"f3fcc96b-7780-46cf-a82a-137c3f0c462c","block_type":"box","text":"For institutional / professional investors use only.","page_number":4,"box":{"x":51,"y":140,"width":310,"height":9}},{"id":"cb0ab8a8-7df9-41c0-9cea-ec7130e24b5d","block_type":"box","text":"The information presented above is intended to provide transparency","page_number":4,"box":{"x":50,"y":158,"width":414,"height":8}},{"id":"1fbebcf9-8772-4112-a61f-15da9c9574c7","block_type":"box","text":"to investors around sustainability characteristics of the fund. Present","page_number":4,"box":{"x":50,"y":170,"width":408,"height":9}},{"id":"8c9af34e-09e4-431a-b02f-3a87c91d821e","block_type":"box","text":"ing this information should not be construed as a representation of the","page_number":4,"box":{"x":51,"y":183,"width":415,"height":9}},{"id":"9b51fe49-5ce8-4a77-9b36-adf486734d92","block_type":"box","text":"fund’s current or future investment objective, nor should it be viewed as","page_number":4,"box":{"x":50,"y":196,"width":422,"height":9}},{"id":"c009c7c0-5bb3-4a58-ac5e-c9103afdabdb","block_type":"box","text":"an indicator of the fund manager’s current or future investment deci","page_number":4,"box":{"x":50,"y":209,"width":401,"height":9}},{"id":"9d72b0b3-5eb1-4125-98ad-0a81f5e84086","block_type":"box","text":"sion-making.","page_number":4,"box":{"x":50,"y":222,"width":76,"height":8}},{"id":"5725bb26-b221-4087-8061-e83b914d5862","block_type":"box","text":"Investing involves risk including the risk of loss of principal.","page_number":4,"box":{"x":51,"y":239,"width":344,"height":9}},{"id":"81d5fc86-93b5-40c6-81a7-5e51f211044d","block_type":"box","text":"The whole or any part of this work may not be reproduced, copied or","page_number":4,"box":{"x":50,"y":257,"width":405,"height":9}},{"id":"99057791-f850-4db7-ba07-2b0347ca0f1e","block_type":"box","text":"transmitted or any of its contents disclosed to third parties without SS","page_number":4,"box":{"x":50,"y":270,"width":414,"height":8}},{"id":"652ea403-281b-4006-ad95-00b218f2c839","block_type":"box","text":"GA’s express written consent.","page_number":4,"box":{"x":50,"y":283,"width":176,"height":8}},{"id":"c6a895c2-b798-42b5-bd7c-cfe978df2f8a","block_type":"box","text":"All information is from SSGA unless otherwise noted and has been","page_number":4,"box":{"x":50,"y":300,"width":393,"height":7}},{"id":"bcefa91d-87ca-453b-acbc-c53bee542a40","block_type":"box","text":"obtained from sources believed to be reliable, but its accuracy is not","page_number":4,"box":{"x":50,"y":313,"width":404,"height":9}},{"id":"07192701-8250-4050-901c-34b18982e85b","block_type":"box","text":"guaranteed. There is no representation or warranty as to the current","page_number":4,"box":{"x":50,"y":326,"width":407,"height":9}},{"id":"25e0fbc0-7a4f-426f-8afd-33fe61f1be04","block_type":"box","text":"accuracy, reliability or completeness of, nor liability for, decisions based","page_number":4,"box":{"x":50,"y":339,"width":422,"height":8}},{"id":"4cd78177-d225-4b51-b5b5-cfc8e5add291","block_type":"box","text":"on such information and it should not be relied on as such.","page_number":4,"box":{"x":50,"y":351,"width":342,"height":7}},{"id":"6e1a4fa9-64de-4a56-8f03-7c2665feab99","block_type":"box","text":"The information provided does not constitute investment advice as such","page_number":4,"box":{"x":50,"y":369,"width":430,"height":9}},{"id":"0be7b829-350b-485b-a1fc-036caac50594","block_type":"box","text":"term is defined under the Markets in Financial Instruments Directive","page_number":4,"box":{"x":50,"y":382,"width":402,"height":7}},{"id":"d488b9aa-a2de-4f76-b273-d1f7e28010c7","block_type":"box","text":"(2014/65/EU) or applicable Swiss regulation and it should not be relied on","page_number":4,"box":{"x":51,"y":394,"width":432,"height":9}},{"id":"adfcf618-7e3c-47fb-9e65-56940931a502","block_type":"box","text":"as such. It should not be considered a solicitation to buy or an offer to sell","page_number":4,"box":{"x":50,"y":407,"width":431,"height":9}},{"id":"4611f8e9-2163-443b-baf1-98ea612d2537","block_type":"box","text":"any investment. It does not take into account any investor’s or potential","page_number":4,"box":{"x":50,"y":420,"width":421,"height":9}},{"id":"fb67f5ef-d66d-432a-bd10-891111cc487e","block_type":"box","text":"investor’s particular investment objectives, strategies, tax status, risk ap","page_number":4,"box":{"x":51,"y":433,"width":425,"height":9}},{"id":"9ce2679c-dd92-4fd9-89e7-a67a3f3bb684","block_type":"box","text":"petite or investment horizon. If you require investment advice you should","page_number":4,"box":{"x":51,"y":446,"width":428,"height":9}},{"id":"2a919dda-d43e-467c-9fa2-726b3f8570ca","block_type":"box","text":"consult your tax and financial or other professional advisor.","page_number":4,"box":{"x":50,"y":459,"width":349,"height":8}},{"id":"ed31b8cd-8e6d-4c51-9adb-c99929c99f67","block_type":"box","text":"The information contained in this communication is not a research","page_number":4,"box":{"x":50,"y":476,"width":422,"height":7}},{"id":"3b5df8d0-cc95-4859-8468-a4193bc10223","block_type":"box","text":"recommendation or ‘investment research’ and is classified as a","page_number":4,"box":{"x":51,"y":489,"width":399,"height":7}},{"id":"bc418c17-d552-4381-bcb1-99e9d03d961d","block_type":"box","text":"‘Marketing Communication’ in accordance with the applicable","page_number":4,"box":{"x":50,"y":502,"width":395,"height":9}},{"id":"3ecbef34-5080-42d4-8d16-283469581768","block_type":"box","text":"regional regulation. This means that this marketing communication","page_number":4,"box":{"x":51,"y":515,"width":426,"height":9}},{"id":"3a4d2d3f-7e8c-41d5-bcb4-8f82f36374e9","block_type":"box","text":"(a) has not been prepared in accordance with legal requirements","page_number":4,"box":{"x":51,"y":527,"width":411,"height":9}},{"id":"e82eaae2-1ef0-4e9d-be21-0736ad6cc195","block_type":"box","text":"designed to promote the independence of investment research (b)","page_number":4,"box":{"x":50,"y":540,"width":422,"height":9}},{"id":"8c8ba850-4bda-48d5-849f-e6589a3c81d6","block_type":"box","text":"is not subject to any prohibition on dealing ahead of the dissemina","page_number":4,"box":{"x":51,"y":553,"width":418,"height":9}},{"id":"6ec9a6f7-848e-4837-a01b-c49c61b7cf86","block_type":"box","text":"tion of investment research.","page_number":4,"box":{"x":50,"y":566,"width":178,"height":7}},{"id":"c34d02dd-3f7f-4d9c-bd57-d76c451c3754","block_type":"box","text":"This communication is directed at professional clients (this includes","page_number":4,"box":{"x":50,"y":584,"width":402,"height":8}},{"id":"7af16050-909d-42fc-bbfc-7984fdb1f207","block_type":"box","text":"eligible counterparties as defined by the appropriate EU regulator) who","page_number":4,"box":{"x":50,"y":596,"width":421,"height":9}},{"id":"1553d0c5-c05a-47ba-917b-38aff3c268c1","block_type":"box","text":"are deemed both knowledgeable and experienced in matters relating to","page_number":4,"box":{"x":50,"y":609,"width":425,"height":9}},{"id":"5c232335-6e5b-4a59-b9e9-43143d82ae84","block_type":"box","text":"investments. The products and services to which this communication","page_number":4,"box":{"x":51,"y":622,"width":410,"height":9}},{"id":"9d532a8f-4482-48e2-a84c-0779ddb0c71e","block_type":"box","text":"relates are only available to such persons and persons of any other de","page_number":4,"box":{"x":51,"y":635,"width":412,"height":9}},{"id":"a39cf6c8-69db-4d53-af0f-672817dcea5e","block_type":"box","text":"scription (including retail clients) should not rely on this communication.","page_number":4,"box":{"x":50,"y":648,"width":424,"height":9}},{"id":"e9c00972-deaf-45cf-b46f-cd293ed99fcf","block_type":"box","text":"Bonds generally present less short-term risk and volatility than stocks,","page_number":4,"box":{"x":51,"y":666,"width":415,"height":8}},{"id":"b9e2cedb-a3da-472c-96a0-0297e53cb450","block_type":"box","text":"but contain interest rate risk (as interest rates raise, bond prices usually","page_number":4,"box":{"x":51,"y":678,"width":422,"height":9}},{"id":"1c5457bc-e68e-4a11-9bee-242dd5d2c78d","block_type":"box","text":"fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk.","page_number":4,"box":{"x":50,"y":691,"width":418,"height":9}},{"id":"f706ac38-84b7-4c92-a07e-5e5c99d88539","block_type":"box","text":"These effects are usually pronounced for longer-term securities. Any","page_number":4,"box":{"x":50,"y":704,"width":409,"height":9}},{"id":"1554fb42-95ee-459d-94f2-0147c5632f90","block_type":"box","text":"fixed income security sold or redeemed prior to maturity may be subject","page_number":4,"box":{"x":50,"y":717,"width":429,"height":8}},{"id":"66ba37d6-9cae-4fc3-8204-77b99cb9c44f","block_type":"box","text":"to a substantial gain or loss.","page_number":4,"box":{"x":50,"y":730,"width":163,"height":8}},{"id":"d9623f88-89aa-4b93-bb91-278aff131f6a","block_type":"box","text":"ETFs trade like stocks, are subject to investment risk, fluctuate in market","page_number":4,"box":{"x":51,"y":747,"width":429,"height":9}},{"id":"899cbd51-4efb-4c3e-9d3c-3e5efca22793","block_type":"box","text":"value and may trade at prices above or below the ETFs net asset value.","page_number":4,"box":{"x":50,"y":760,"width":419,"height":9}},{"id":"40e3d68c-ede5-4fcf-993d-694971180655","block_type":"box","text":"Brokerage commissions and ETF expenses will reduce returns.","page_number":4,"box":{"x":51,"y":773,"width":372,"height":9}},{"id":"f0afd25e-13a5-491b-90cf-53f6955c02f0","block_type":"box","text":"The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its","page_number":4,"box":{"x":50,"y":790,"width":415,"height":9}},{"id":"9a4d83d5-1975-4ab2-a38f-dece06ce295b","block_type":"box","text":"affiliates (“S&P DJI”) and have been licensed for use by State Street","page_number":4,"box":{"x":50,"y":803,"width":400,"height":9}},{"id":"70f542a0-5465-460c-aeba-67ba6f03350c","block_type":"box","text":"Global Advisors. S&P®, SPDR®, S&P 500®,US 500 and the 500 are","page_number":4,"box":{"x":50,"y":816,"width":396,"height":8}},{"id":"2d03cfa9-4828-43eb-9bee-bb77714c0316","block_type":"box","text":"trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow","page_number":4,"box":{"x":50,"y":829,"width":415,"height":8}},{"id":"f095ce37-afde-4073-a577-d22bd8d1c832","block_type":"box","text":"Jones® is a registered trademark of Dow Jones Trademark Holdings","page_number":4,"box":{"x":50,"y":842,"width":404,"height":8}},{"id":"2bc60098-8f55-4bef-9ea4-bc9df2812eb9","block_type":"box","text":"LLC (“Dow Jones”) and has been licensed for use by S&P Dow Jones","page_number":4,"box":{"x":51,"y":854,"width":407,"height":9}},{"id":"19f82cc8-ca5d-4e20-888c-a906ac53a79c","block_type":"box","text":"Indices; and these trademarks have been licensed for use by S&P DJI","page_number":4,"box":{"x":51,"y":867,"width":409,"height":9}},{"id":"c893cab8-3f57-40fc-afa8-bc8059d3a6b4","block_type":"box","text":"and sublicensed for certain purposes by State Street Global Advisors.","page_number":4,"box":{"x":50,"y":880,"width":414,"height":9}},{"id":"612542d2-de00-4072-a35d-4eb0f353fd6b","block_type":"box","text":"The fund is not sponsored, endorsed, sold or promoted by S&P DJI, Dow","page_number":4,"box":{"x":50,"y":893,"width":428,"height":9}},{"id":"91a454a1-1d4b-4d44-9bfa-59364065477e","block_type":"box","text":"Jones, S&P, their respective affiliates, and none of such parties make any","page_number":4,"box":{"x":50,"y":906,"width":432,"height":8}},{"id":"6b122a5f-57e8-4085-88af-257dca430b10","block_type":"box","text":"representation regarding the advisability of investing in such product(s)","page_number":4,"box":{"x":51,"y":918,"width":421,"height":9}},{"id":"657ffb8e-0315-474d-99d3-7633b4dc8a1a","block_type":"box","text":"nor do they have any liability for any errors, omissions, or interruptions of","page_number":4,"box":{"x":515,"y":92,"width":430,"height":9}},{"id":"a128a8b7-3cdb-4a21-a05f-e4add1906273","block_type":"box","text":"these indices.","page_number":4,"box":{"x":515,"y":105,"width":81,"height":7}},{"id":"b0fd1991-7e55-4247-bcac-f234869b3665","block_type":"box","text":"Please refer to the Fund’s latest Key Information Document (KID)/","page_number":4,"box":{"x":515,"y":122,"width":416,"height":9}},{"id":"70c4d0a3-bfa5-49ed-9d00-3525a9d894b5","block_type":"box","text":"Key Investor Information Document (KIID) and Prospectus before","page_number":4,"box":{"x":515,"y":135,"width":415,"height":9}},{"id":"ba9b419e-cdc3-4db0-b2bc-a2dcf8f29015","block_type":"box","text":"making any final investment decision. The latest English version of","page_number":4,"box":{"x":515,"y":148,"width":423,"height":9}},{"id":"9a8c139b-2f50-48c5-8d7f-7a347daed606","block_type":"box","text":"the prospectus and the KID/KIID can be found at","page_number":4,"box":{"x":515,"y":161,"width":306,"height":8}},{"id":"2ed726ee-cc94-4490-9b93-7eb123f3322c","block_type":"box","text":"www.ssga.com","page_number":4,"box":{"x":824,"y":163,"width":97,"height":7}},{"id":"d48f29f7-4af5-4def-a47f-1d8cfca1cc72","block_type":"box","text":". A","page_number":4,"box":{"x":923,"y":161,"width":15,"height":7}},{"id":"d54daa02-bc5d-40e8-9a8f-a1cc6b6fcfd2","block_type":"box","text":"summary of investor rights can be found here:","page_number":4,"box":{"x":515,"y":174,"width":292,"height":8}},{"id":"20c6ed17-b8af-4dc6-8a5f-fc09ff39b56d","block_type":"box","text":"https://www.ssga.","page_number":4,"box":{"x":811,"y":174,"width":116,"height":8}},{"id":"78587c03-1789-4563-a554-68b5762187f4","block_type":"box","text":"com/library-content/products/fund-docs/summary-of-inves","page_number":4,"box":{"x":515,"y":186,"width":396,"height":9}},{"id":"efb255ae-970f-4acf-b8f2-35a2fb202f62","block_type":"box","text":"tor-rights/ssga-investors-rights-summary-template-non-etf-Lux.","page_number":4,"box":{"x":515,"y":199,"width":426,"height":9}},{"id":"49e86adf-eb20-4148-a14b-ad234ec64216","block_type":"box","text":"pdf.","page_number":4,"box":{"x":515,"y":212,"width":24,"height":9}},{"id":"f00d5330-6878-409a-b656-35f2442a2466","block_type":"box","text":"Note that the Management Company may decide to terminate the","page_number":4,"box":{"x":515,"y":230,"width":418,"height":8}},{"id":"21579af3-798c-4e7c-a68d-e93c7a98c9bf","block_type":"box","text":"arrangements made for marketing and proceed with de-notification","page_number":4,"box":{"x":515,"y":243,"width":431,"height":8}},{"id":"53bc19ad-a499-48fc-8273-cc279313955c","block_type":"box","text":"in compliance with Article 93a of Directive 2009/65/EC.","page_number":4,"box":{"x":515,"y":255,"width":355,"height":9}},{"id":"9d3d7ec7-bfb7-4384-a86a-087b016019af","block_type":"box","text":"Investors should not evaluate an investment in the fund based solely on","page_number":4,"box":{"x":516,"y":273,"width":420,"height":9}},{"id":"3f237569-f082-4144-8567-0d0009a328ce","block_type":"box","text":"the information above, but should consider other factors, including the","page_number":4,"box":{"x":515,"y":286,"width":415,"height":9}},{"id":"0023439f-e10d-469c-a3c7-46450be23bcc","block_type":"box","text":"fund’s overall investment objective and risk profile. Investors are encour","page_number":4,"box":{"x":515,"y":299,"width":424,"height":8}},{"id":"14927ff1-a04a-4bfc-953f-486af3738d52","block_type":"box","text":"aged to review the fund’s prospectus [https://www.ssga.com/fund-find","page_number":4,"box":{"x":515,"y":311,"width":414,"height":9}},{"id":"2c3a61f1-da00-437c-b1ed-ce4ee49b9cb4","block_type":"box","text":"er?tab=documents] and KIID for more information regarding the fund","page_number":4,"box":{"x":515,"y":324,"width":412,"height":9}},{"id":"5e5d1b99-1ce9-4c0a-98f6-01b07ac50912","block_type":"box","text":"and where applicable, the fund’s SFDR category.","page_number":4,"box":{"x":515,"y":337,"width":286,"height":9}},{"id":"95aab694-03a3-4b28-bfd9-d65181d33c87","block_type":"box","text":"Sustainability data is sourced from external providers. This data may","page_number":4,"box":{"x":515,"y":355,"width":407,"height":8}},{"id":"90dd89b5-1ed9-4c98-b5fe-ebce4f80a937","block_type":"box","text":"be incomplete, inaccurate, or unavailable for certain companies, which","page_number":4,"box":{"x":515,"y":368,"width":417,"height":8}},{"id":"40b75cab-2783-4f37-8af6-1db00e93adc9","block_type":"box","text":"could limit the ability to fully capture or reflect their sustainability charac","page_number":4,"box":{"x":515,"y":380,"width":427,"height":9}},{"id":"4911a450-0132-4768-964c-d7ff220629d8","block_type":"box","text":"teristics. As a result, there may be limitations reported in the sustainabili","page_number":4,"box":{"x":515,"y":393,"width":425,"height":9}},{"id":"9a616330-7156-4b1a-97ff-bdcb6fc90bac","block_type":"box","text":"ty metrics or indicators.","page_number":4,"box":{"x":515,"y":406,"width":140,"height":9}},{"id":"e15b1c17-9e5b-4a4e-a234-ff9e34f0e583","block_type":"box","text":"The third-party information above has been obtained from sources","page_number":4,"box":{"x":515,"y":424,"width":398,"height":8}},{"id":"9f2873b6-5d49-427f-a46c-25e0f519ba8b","block_type":"box","text":"believed to be reliable as of the date indicated, but its accuracy is not","page_number":4,"box":{"x":515,"y":436,"width":408,"height":9}},{"id":"f5abb44f-26e7-4c99-bc07-721c42fd70be","block_type":"box","text":"guaranteed by SSGA. SSGA is not liable for investment decisions based","page_number":4,"box":{"x":515,"y":449,"width":426,"height":9}},{"id":"659d2936-6fa5-43e1-9711-eb3da2e390f1","block_type":"box","text":"on this information and it should not be relied on as such. There is no","page_number":4,"box":{"x":515,"y":462,"width":403,"height":7}},{"id":"398800e5-c50e-4a42-b274-d77298147af8","block_type":"box","text":"representation or warranty as to the current accuracy, reliability or com","page_number":4,"box":{"x":515,"y":475,"width":422,"height":9}},{"id":"75a67091-745b-4c24-98a4-ab525ac93f11","block_type":"box","text":"pleteness of this information.","page_number":4,"box":{"x":515,"y":488,"width":171,"height":8}},{"id":"ba049893-283a-4422-b18d-e37f129f6b7d","block_type":"box","text":"Data and metrics have been sourced as follows from the following con","page_number":4,"box":{"x":516,"y":505,"width":413,"height":9}},{"id":"f13540c9-8c6d-4fcd-9f95-86a3acba56c8","block_type":"box","text":"tributors as of the date of this report, and are subject to their disclosures","page_number":4,"box":{"x":515,"y":518,"width":428,"height":9}},{"id":"a06b6df8-15ee-425a-a26d-8a7afe5b3dd4","block_type":"box","text":"below. All other data has been sourced by SSGA.","page_number":4,"box":{"x":515,"y":531,"width":289,"height":9}},{"id":"2b3b86ff-3e23-4077-9253-aa8e5f58e663","block_type":"box","text":"Source: MSCI: Certain information contained herein (the “Information”)","page_number":4,"box":{"x":515,"y":548,"width":419,"height":8}},{"id":"8307571b-1f58-4928-8866-b96d74b2ac16","block_type":"box","text":"is sourced from/copyright of MSCI Inc., MSCI ESG Research LLC, or their","page_number":4,"box":{"x":515,"y":561,"width":431,"height":9}},{"id":"af8a4e06-e37a-41ae-b5b1-4efd0c47408c","block_type":"box","text":"affiliates (“MSCI”), or information providers (together the “MSCI Parties”)","page_number":4,"box":{"x":515,"y":574,"width":428,"height":9}},{"id":"c27a46c3-85f3-42ef-a679-5c0f88a14945","block_type":"box","text":"and may have been used to calculate scores, signals, or other indica","page_number":4,"box":{"x":515,"y":587,"width":402,"height":9}},{"id":"16bf8a9a-8e43-4ad7-b7e7-10189d432cd3","block_type":"box","text":"tors. The Information is for internal use only and may not be reproduced","page_number":4,"box":{"x":515,"y":600,"width":424,"height":8}},{"id":"95338978-b122-4c11-b479-bb00cd2e2cdd","block_type":"box","text":"or disseminated in whole or part without prior written permission. The","page_number":4,"box":{"x":515,"y":613,"width":411,"height":8}},{"id":"da8e387c-53d4-4919-9621-3e92520a8294","block_type":"box","text":"Information may not be used for, nor does it constitute, an offer to buy","page_number":4,"box":{"x":516,"y":625,"width":410,"height":9}},{"id":"e5d11c9e-ac65-4ee4-a997-1ec39677b106","block_type":"box","text":"or sell, or a promotion or recommendation of, any security, financial","page_number":4,"box":{"x":515,"y":638,"width":396,"height":9}},{"id":"ce619ebe-8df8-4c11-9670-74d5bafe4358","block_type":"box","text":"instrument or product, trading strategy, or index, nor should it be taken as","page_number":4,"box":{"x":515,"y":651,"width":434,"height":9}},{"id":"5c461b7e-d2e9-4183-a5e7-fd2d772bed3b","block_type":"box","text":"an indication or guarantee of any future performance. Some funds may","page_number":4,"box":{"x":515,"y":664,"width":420,"height":9}},{"id":"778b9ea1-2838-4005-9504-b0b9e4fdb95d","block_type":"box","text":"be based on or linked to MSCI indexes, and MSCI may be compensated","page_number":4,"box":{"x":515,"y":677,"width":422,"height":8}},{"id":"a0ba81c6-3890-40f3-93d2-764a07b59b3a","block_type":"box","text":"based on the fund’s assets under management or other measures. MSCI","page_number":4,"box":{"x":515,"y":690,"width":428,"height":8}},{"id":"4870086b-36cf-456d-be52-2c5bd2fa37df","block_type":"box","text":"has established an information barrier between index research and cer","page_number":4,"box":{"x":515,"y":702,"width":420,"height":7}},{"id":"83d021e3-1559-4600-bfde-b4baec412c86","block_type":"box","text":"tain Information. None of the Information in and of itself can be used to","page_number":4,"box":{"x":515,"y":715,"width":415,"height":7}},{"id":"d2945565-f328-4796-b089-928905aacb4a","block_type":"box","text":"determine which securities to buy or sell or when to buy or sell them. The","page_number":4,"box":{"x":515,"y":728,"width":429,"height":9}},{"id":"c3154cfd-ece7-4783-ab93-90c1aea41f63","block_type":"box","text":"Information is provided “as is” and the user assumes the entire risk of any","page_number":4,"box":{"x":516,"y":741,"width":430,"height":9}},{"id":"152fab5c-67f5-442d-a07b-dd0024cd18c8","block_type":"box","text":"use it may make or permit to be made of the Information. No MSCI Party","page_number":4,"box":{"x":515,"y":754,"width":426,"height":8}},{"id":"dc1a90d5-6afd-41c4-bb74-cc3ec87751e1","block_type":"box","text":"warrants or guarantees the originality, accuracy and/or completeness of","page_number":4,"box":{"x":515,"y":766,"width":428,"height":9}},{"id":"142d171c-0f47-439f-bd38-55758b3665a0","block_type":"box","text":"the Information and each expressly disclaims all express or implied war","page_number":4,"box":{"x":515,"y":779,"width":421,"height":9}},{"id":"cfe38e07-affe-4a97-bdc7-c8b349cd1794","block_type":"box","text":"ranties. No MSCI Party shall have any liability for any errors or omissions","page_number":4,"box":{"x":515,"y":792,"width":426,"height":9}},{"id":"fd109a2f-0c0f-4cc2-a5c4-f8f79a9613de","block_type":"box","text":"in connection with any Information herein, or any liability for any direct,","page_number":4,"box":{"x":515,"y":805,"width":416,"height":9}},{"id":"8f6f695d-e5d5-41a9-abb8-3c7869ec9f96","block_type":"box","text":"indirect, special, punitive, consequential or any other damages (including","page_number":4,"box":{"x":515,"y":818,"width":431,"height":9}},{"id":"32ca9434-2b8d-49bb-9b96-16bc783c0af4","block_type":"box","text":"lost profits) even if notified of the possibility of such damages.","page_number":4,"box":{"x":515,"y":831,"width":363,"height":9}},{"id":"0e34c63b-4df1-4b10-909b-5aa60ff04a47","block_type":"box","text":"The returns on a portfolio of securities which exclude companies that do","page_number":4,"box":{"x":515,"y":848,"width":428,"height":9}},{"id":"217f8e47-95a3-45ca-b9fa-753eac3fa136","block_type":"box","text":"not meet the portfolio’s sustainable strategy criteria may trail the returns","page_number":4,"box":{"x":515,"y":861,"width":428,"height":9}},{"id":"885bf972-4b24-47c0-9dc3-0ce5e7542384","block_type":"box","text":"on a portfolio of securities which include such companies. A portfolio’s","page_number":4,"box":{"x":515,"y":874,"width":415,"height":9}},{"id":"f1a44d84-564c-4b88-82e1-8647c52414c7","block_type":"box","text":"sustainable strategy criteria may result in the portfolio investing in indus","page_number":4,"box":{"x":515,"y":887,"width":424,"height":9}},{"id":"c38a22ca-83f2-46df-8102-3032c79d6f5e","block_type":"box","text":"try sectors or securities which underperform the market as a whole.","page_number":4,"box":{"x":515,"y":900,"width":400,"height":8}},{"id":"36c13dfd-d55d-471e-9c32-3bf6211b7dee","block_type":"box","text":"R-Factor scoring is designed by State Street to reflect certain sustain","page_number":4,"box":{"x":516,"y":917,"width":408,"height":9}},{"id":"8c092a31-93f0-4d10-ac1e-2f4eb1206668","block_type":"box","text":"Report ID: 5081843.1","page_number":4,"box":{"x":362,"y":968,"width":114,"height":9}},{"id":"08e0dc9a-2d70-4129-a3aa-11bf97e43a21","block_type":"box","text":"Published: 18 Nov 2025","page_number":4,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"7d474ea0-1ac6-4724-808f-6b3fb445009f","block_type":"box","text":"P","page_number":4,"box":{"x":899,"y":968,"width":5,"height":6}},{"id":"1311afd4-ef7f-4412-9434-7bddc8c26889","block_type":"box","text":"a","page_number":4,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"54c7c381-66cc-48ad-82f3-c3dfd9ae2fc5","block_type":"box","text":"g","page_number":4,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"c99626cf-80e4-4cba-bfdd-e302b25365b4","block_type":"box","text":"e","page_number":4,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"7183dd89-adc7-49d3-bfbf-e5a042aef8a0","block_type":"box","text":"4","page_number":4,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"deff959b-cc4b-4778-af54-cd0ffeac63ed","block_type":"box","text":"of","page_number":4,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"dfbe8382-a883-40c0-822c-3d8cd23c542d","block_type":"box","text":"5","page_number":4,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"9110624f-94e6-478c-aaaa-6cc69f144701","block_type":"box","text":"ability factors and does not represent investment performance. Results","page_number":5,"box":{"x":50,"y":35,"width":423,"height":9}},{"id":"ea45dee0-eb37-4e9e-b62c-ed29a3be6626","block_type":"box","text":"generated out of the scoring model are based on sustainability dimen","page_number":5,"box":{"x":50,"y":48,"width":410,"height":9}},{"id":"3b54c610-8d00-4202-ae29-8beb2a241d5a","block_type":"box","text":"sions of a scored entity.","page_number":5,"box":{"x":50,"y":61,"width":139,"height":8}},{"id":"46264a99-aa00-4c9d-9e64-1e1caa9e3875","block_type":"box","text":"In the UK, this document has been issued by State Street Global Advisors","page_number":5,"box":{"x":51,"y":78,"width":433,"height":9}},{"id":"f25c8653-03f2-4f66-8810-b7d3cd405acb","block_type":"box","text":"Limited (“SSGAL”). Authorized and regulated by the Financial Conduct","page_number":5,"box":{"x":51,"y":91,"width":418,"height":9}},{"id":"e3bc10c3-9d14-4ec5-930f-884d5d94fc71","block_type":"box","text":"Authority, Registered No.2509928. VAT No. 5776591 81. Registered of","page_number":5,"box":{"x":50,"y":104,"width":415,"height":9}},{"id":"eb4ff3fb-d943-4090-90ab-63ff1dba77a9","block_type":"box","text":"f","page_number":5,"box":{"x":464,"y":108,"width":4,"height":0}},{"id":"7f14353c-fc4f-4d7b-984f-1c521d7dc5e3","block_type":"box","text":"fice: 20 Churchill Place, Canary Wharf, London, E14 5HJ. Telephone: 020","page_number":5,"box":{"x":50,"y":117,"width":430,"height":8}},{"id":"0916da7c-7cb5-4405-8905-2e65e86255db","block_type":"box","text":"3395 6000. Facsimile: 020 3395 6350 Web:","page_number":5,"box":{"x":50,"y":130,"width":264,"height":7}},{"id":"d2ac615f-6d65-442a-a10a-6720b8fc9930","block_type":"box","text":"www.ssga.com","page_number":5,"box":{"x":317,"y":131,"width":88,"height":7}},{"id":"135ea720-606b-4dd7-96ad-0562745dbf82","block_type":"box","text":".","page_number":5,"box":{"x":406,"y":135,"width":1,"height":1}},{"id":"d3d649c1-3660-4eea-a42f-92472ad09062","block_type":"box","text":"© 2025 State Street Corporation - All Rights Reserved.","page_number":5,"box":{"x":50,"y":159,"width":326,"height":9}},{"id":"1bfbbe47-7a6d-43e0-a722-af3aad8b1342","block_type":"box","text":"Tracking Code: 7765755.1.5.EMEA.INST","page_number":5,"box":{"x":50,"y":171,"width":236,"height":9}},{"id":"c1c98b8f-b341-4eb7-90ad-db8bf4edeffb","block_type":"box","text":"Expiration Date: 10/31/2026","page_number":5,"box":{"x":51,"y":183,"width":163,"height":8}},{"id":"f5825175-37b8-4821-a9c4-ad06a36e0bbe","block_type":"box","text":"State Street Global Advisors Worldwide Entities","page_number":5,"box":{"x":50,"y":195,"width":284,"height":7}},{"id":"11b4a704-1b30-4d6c-be99-a78fb67490ff","block_type":"box","text":"Report ID: 5081843.1","page_number":5,"box":{"x":362,"y":968,"width":114,"height":9}},{"id":"ee279ea4-ae71-4aee-be72-1a17b5bfc453","block_type":"box","text":"Published: 18 Nov 2025","page_number":5,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"a01675b0-e17e-42ea-a9d2-ff6d8e3c9ff2","block_type":"box","text":"P","page_number":5,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"6b56466c-6eb4-4c39-a900-7eda96dacd93","block_type":"box","text":"a","page_number":5,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"e6715a48-da5f-4dd8-98e0-27e000686829","block_type":"box","text":"g","page_number":5,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"0c3a0ca8-7f79-4453-b1f9-cb8a319b036c","block_type":"box","text":"e","page_number":5,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"c3b199eb-e261-45d8-b4dd-898ffc96ff67","block_type":"box","text":"5","page_number":5,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"b65b0f37-7148-4cb6-8d59-0957cd741231","block_type":"box","text":"of","page_number":5,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"89774ede-5c85-486c-bd14-ebd808ebacef","block_type":"box","text":"5","page_number":5,"box":{"x":944,"y":968,"width":5,"height":6}}],"unit":"per_mille","page_width":595,"page_height":[{"value":841,"pages":[1]},{"value":842,"pages":[2,3,4,5]}],"attributes":{"chunk_type":"page_range","start_page":1,"end_page":5}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"7b7d957c-8edb-437d-939f-8d7a8ff25683"},"user_id":1000002,"date_created":"2026-10-05T20:47:40.408000Z","date_modified":"2026-10-05T20:47:40.408000Z","private":false}