{"annotation_id":"4f6ef9cf-96f9-4f67-b57b-b8dc7e0079db","file_hash":"db87c9f273e8ae33be0cb373ab5a49c773f4285f0dfdbd7ac84d3df8ac4d4c0c","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"91870910-1a87-462d-a694-1bfa05d8dea4","block_type":"box","text":"Fund Objective","page_number":1,"box":{"x":47,"y":234,"width":106,"height":10}},{"id":"1a77f2b1-8ea8-4ce7-aabb-4a4dd69d805e","block_type":"box","text":"The investment objective of the Fund is to track the performance","page_number":1,"box":{"x":46,"y":263,"width":421,"height":9}},{"id":"13de2b9f-70fa-4098-b446-0b1cea77c0b9","block_type":"box","text":"of US small capitalisation equities with a higher weighting applied to","page_number":1,"box":{"x":46,"y":277,"width":436,"height":10}},{"id":"d87c07a0-524f-41fe-a1be-093bf15d085c","block_type":"box","text":"equities exhibiting low valuation characteristics.","page_number":1,"box":{"x":46,"y":291,"width":306,"height":10}},{"id":"0dff1afc-9e11-4c9b-9cc4-46d88b35f390","block_type":"box","text":"Index Description","page_number":1,"box":{"x":47,"y":334,"width":124,"height":10}},{"id":"14bdbd7a-3865-41fd-8af8-abeabe5a8de8","block_type":"box","text":"The MSCI USA Small Cap Value Weighted Index is based on the","page_number":1,"box":{"x":46,"y":362,"width":413,"height":10}},{"id":"ce0fe403-cbf2-49e4-a54e-5401b6b2d622","block_type":"box","text":"traditional market capitalisation weighted parent index, the MSCI","page_number":1,"box":{"x":46,"y":377,"width":421,"height":9}},{"id":"10b6b928-77c9-4039-ab48-bfe9c144ee0b","block_type":"box","text":"USA Small Cap Index, which includes US small cap equities. The","page_number":1,"box":{"x":47,"y":391,"width":414,"height":10}},{"id":"7ace335e-1580-47ce-bd31-24ab40eb82b0","block_type":"box","text":"value methodology of the Index is to re-weight each security in the","page_number":1,"box":{"x":46,"y":405,"width":427,"height":10}},{"id":"9fdf45f8-f18f-4ea9-91af-a2368ecb527c","block_type":"box","text":"parent index to emphasise those stocks with lower valuations within","page_number":1,"box":{"x":47,"y":420,"width":437,"height":9}},{"id":"82020d5a-c590-43f0-af1e-5f68f871735f","block_type":"box","text":"the parent index.","page_number":1,"box":{"x":46,"y":434,"width":108,"height":9}},{"id":"6943c60c-5192-4bb6-afe9-6cb2a2af458d","block_type":"box","text":"Tax Status","page_number":1,"box":{"x":46,"y":476,"width":76,"height":8}},{"id":"296a9150-ce53-413c-bb32-05c3e910feec","block_type":"box","text":"As standard, State Street Investment Management aims to meet","page_number":1,"box":{"x":46,"y":505,"width":419,"height":10}},{"id":"31c540d6-c7cd-41ac-ad32-468802ebe93d","block_type":"box","text":"all applicable tax reporting requirements for all of the SPDR ETFs in","page_number":1,"box":{"x":47,"y":519,"width":434,"height":10}},{"id":"ee903daa-db47-492f-b676-7fa01dfd7922","block_type":"box","text":"the following countries. Applications are made throughout the year","page_number":1,"box":{"x":46,"y":534,"width":431,"height":9}},{"id":"dc54a85f-b5db-47c9-b228-2936422170de","block_type":"box","text":"depending on the time scale required by each local tax authority:","page_number":1,"box":{"x":46,"y":548,"width":418,"height":10}},{"id":"a1d75011-f4de-4fc1-a447-fbd75bc02585","block_type":"box","text":"UK, Germany, Austria, Switzerland.","page_number":1,"box":{"x":47,"y":562,"width":222,"height":10}},{"id":"99604200-16a2-48b5-8241-9d3d8eedf1b9","block_type":"box","text":"Countries of Registration","page_number":1,"box":{"x":46,"y":605,"width":177,"height":9}},{"id":"a39daa18-68cc-4223-bc28-d053cfefeed8","block_type":"box","text":"United Kingdom, Sweden, Spain, Norway, Netherlands, Luxembourg,","page_number":1,"box":{"x":47,"y":633,"width":440,"height":10}},{"id":"ce7af590-dfd9-4b34-9816-b04a48af6ef5","block_type":"box","text":"Italy, Ireland, Germany, France, Finland, Denmark, Austria","page_number":1,"box":{"x":47,"y":648,"width":366,"height":9}},{"id":"39e1efb9-ad3d-4096-af04-f4643571cc02","block_type":"box","text":"Fund Information","page_number":1,"box":{"x":515,"y":228,"width":97,"height":6}},{"id":"e9cf37c4-36be-4c63-9858-ba0a28eac722","block_type":"box","text":"ISIN","page_number":1,"box":{"x":515,"y":246,"width":21,"height":6}},{"id":"7af4cb25-68d0-4d14-8f4b-ec197c4f46d1","block_type":"box","text":"IE00BSPLC413","page_number":1,"box":{"x":684,"y":246,"width":87,"height":6}},{"id":"7e6c2177-b601-44f7-a6d5-71bd3b826415","block_type":"box","text":"Index Name","page_number":1,"box":{"x":515,"y":262,"width":63,"height":6}},{"id":"f1fab395-9bc8-4627-ba9f-7756553f7a6b","block_type":"box","text":"MSCI USA Small Cap Value Weighted Index","page_number":1,"box":{"x":684,"y":262,"width":230,"height":7}},{"id":"094ee837-7ef8-4de4-bda9-1224d7074480","block_type":"box","text":"Index Ticker","page_number":1,"box":{"x":515,"y":278,"width":65,"height":6}},{"id":"2e8a8d20-4e3f-44fa-a20a-3cf81ff33b56","block_type":"box","text":"M1USSVW","page_number":1,"box":{"x":684,"y":278,"width":60,"height":6}},{"id":"6aa28b40-71c3-495f-a686-06187a386430","block_type":"box","text":"Index Type","page_number":1,"box":{"x":515,"y":294,"width":58,"height":7}},{"id":"95ca82fe-f9d0-4541-9f00-023276a202bf","block_type":"box","text":"Net Total Return","page_number":1,"box":{"x":684,"y":294,"width":86,"height":6}},{"id":"87b8ceca-449c-4e67-ae27-96ba5a8dfb8a","block_type":"box","text":"Number of Constituents","page_number":1,"box":{"x":515,"y":310,"width":127,"height":6}},{"id":"c57b18cb-9c0e-453a-a99e-963ac5dd03d1","block_type":"box","text":"1,631","page_number":1,"box":{"x":685,"y":310,"width":34,"height":7}},{"id":"44c4e923-949b-4dd7-99ba-08a9b68357b9","block_type":"box","text":"Key Facts","page_number":1,"box":{"x":515,"y":346,"width":55,"height":8}},{"id":"7ea8acad-226d-404f-a696-6ec14ed86de1","block_type":"box","text":"Inception Date","page_number":1,"box":{"x":515,"y":364,"width":77,"height":7}},{"id":"06d69760-d768-40dd-893c-81cea651dbf0","block_type":"box","text":"18-Feb-2015","page_number":1,"box":{"x":685,"y":364,"width":75,"height":6}},{"id":"7b070956-93eb-4b44-802e-c9ad34c5dfb2","block_type":"box","text":"Share Class Currency","page_number":1,"box":{"x":515,"y":380,"width":116,"height":7}},{"id":"3ffdcdbd-3927-4678-883c-85e98dbc2af7","block_type":"box","text":"USD","page_number":1,"box":{"x":684,"y":380,"width":24,"height":6}},{"id":"00ca1a67-4c0e-4756-8d04-619e78b066ce","block_type":"box","text":"Fund — Base Currency","page_number":1,"box":{"x":515,"y":396,"width":124,"height":8}},{"id":"be7dd5f2-d452-4bd8-8acf-ca78886ec865","block_type":"box","text":"USD","page_number":1,"box":{"x":684,"y":396,"width":24,"height":6}},{"id":"d479ff93-d690-4311-bf0e-4ad1cacdba4c","block_type":"box","text":"TER","page_number":1,"box":{"x":515,"y":412,"width":22,"height":6}},{"id":"c6502434-e525-4848-9301-bfa3d6516bcc","block_type":"box","text":"0.30%","page_number":1,"box":{"x":684,"y":412,"width":38,"height":6}},{"id":"0bf96ca2-171b-49a0-9745-16844c825db6","block_type":"box","text":"Income Treatment","page_number":1,"box":{"x":515,"y":428,"width":98,"height":6}},{"id":"79329287-e31b-450d-9a3f-d0e9f62a29d3","block_type":"box","text":"Accumulation","page_number":1,"box":{"x":684,"y":428,"width":73,"height":6}},{"id":"0dba4e1e-09fd-424b-b2a5-1105ac87774d","block_type":"box","text":"Replication Method","page_number":1,"box":{"x":515,"y":444,"width":103,"height":8}},{"id":"9ee56819-b4ce-4958-95ec-b20c88569aa5","block_type":"box","text":"Optimised","page_number":1,"box":{"x":684,"y":444,"width":54,"height":8}},{"id":"ea9cd883-1f0e-4be0-8eb8-8ef7a3ffc419","block_type":"box","text":"UCITS Compliant","page_number":1,"box":{"x":515,"y":460,"width":93,"height":8}},{"id":"fe71ce63-7cae-4a63-8e67-642d6ecbd44a","block_type":"box","text":"Yes","page_number":1,"box":{"x":684,"y":460,"width":18,"height":6}},{"id":"28417955-abf8-48f7-a6a7-da0934e02a04","block_type":"box","text":"Domicile","page_number":1,"box":{"x":515,"y":476,"width":46,"height":7}},{"id":"1d8e5554-d890-479e-a4f2-5f1013e317bd","block_type":"box","text":"Ireland","page_number":1,"box":{"x":684,"y":476,"width":35,"height":7}},{"id":"ac3c73b9-16b5-4dd6-8e00-0a1713ea8465","block_type":"box","text":"Investment Manager","page_number":1,"box":{"x":515,"y":493,"width":109,"height":7}},{"id":"ad9dada0-2e3a-4aa1-9a92-07638f8977a3","block_type":"box","text":"State Street Global Advisors Europe Limited","page_number":1,"box":{"x":684,"y":492,"width":234,"height":8}},{"id":"029e8a02-f6c2-461b-836e-dab884f92526","block_type":"box","text":"Sub-Investment Manager(s)","page_number":1,"box":{"x":515,"y":508,"width":148,"height":8}},{"id":"857a18e4-8694-4060-8dc3-dedc236778a8","block_type":"box","text":"State Street Global Advisors Trust Company","page_number":1,"box":{"x":684,"y":509,"width":236,"height":7}},{"id":"20ad3817-47ab-4d9a-b9d9-7fc48bd5ae66","block_type":"box","text":"Fund Umbrella","page_number":1,"box":{"x":515,"y":525,"width":77,"height":6}},{"id":"29f598d8-d03f-48b6-b5a2-384f9a7774c1","block_type":"box","text":"SSGA SPDR ETFs Europe II plc","page_number":1,"box":{"x":684,"y":525,"width":164,"height":7}},{"id":"251f5777-c3a2-4524-8019-40ca0eaa2972","block_type":"box","text":"Share Class Assets (millions)","page_number":1,"box":{"x":515,"y":541,"width":152,"height":7}},{"id":"15d56ce1-562f-4052-a268-ee0320fafbf4","block_type":"box","text":"US$1,083.61","page_number":1,"box":{"x":684,"y":540,"width":79,"height":8}},{"id":"2ee68b67-79b6-4a4f-a8a0-58130d748f3b","block_type":"box","text":"Total Fund Assets (millions)","page_number":1,"box":{"x":515,"y":557,"width":145,"height":7}},{"id":"375a0803-7879-4c8a-91fe-ceef1075f69c","block_type":"box","text":"US$1,083.61","page_number":1,"box":{"x":684,"y":556,"width":79,"height":8}},{"id":"bd27ff8e-197c-4443-851a-a732f14ce1ae","block_type":"box","text":"ISA Eligible","page_number":1,"box":{"x":515,"y":573,"width":58,"height":8}},{"id":"c645166e-aa90-4b61-b4f3-217b6f530641","block_type":"box","text":"Yes","page_number":1,"box":{"x":684,"y":573,"width":18,"height":6}},{"id":"dbcfadf7-b65b-41fc-84a5-2448d49ef617","block_type":"box","text":"SIPP Eligible","page_number":1,"box":{"x":515,"y":589,"width":65,"height":8}},{"id":"c5f57f0a-dea3-4e97-83fd-a78b0e886a1a","block_type":"box","text":"Yes","page_number":1,"box":{"x":684,"y":589,"width":18,"height":6}},{"id":"71a702f1-2f5c-4753-b6df-79fc56a78e81","block_type":"box","text":"PEA Eligible","page_number":1,"box":{"x":515,"y":605,"width":63,"height":8}},{"id":"d082eef0-c649-47f5-8e63-8f9c01194041","block_type":"box","text":"No","page_number":1,"box":{"x":684,"y":605,"width":14,"height":6}},{"id":"2da014b0-9d42-4586-aba0-08867a633f17","block_type":"box","text":"Prior to 19","page_number":1,"box":{"x":515,"y":623,"width":51,"height":6}},{"id":"d0029a89-432f-4135-8db2-9a23f4f163c4","block_type":"box","text":"th","page_number":1,"box":{"x":566,"y":623,"width":6,"height":3}},{"id":"70d6df5f-dcf5-4c30-8950-f0ddb5b4353d","block_type":"box","text":"February 2026, the Fund was known as SPDR","page_number":1,"box":{"x":575,"y":623,"width":234,"height":8}},{"id":"1ffaf78a-0b5b-465b-842f-064c15bb08f4","block_type":"box","text":"®","page_number":1,"box":{"x":809,"y":623,"width":3,"height":2}},{"id":"be0d1378-12eb-4ba0-bb86-b0558455a659","block_type":"box","text":"MSCI USA Small Cap","page_number":1,"box":{"x":815,"y":623,"width":110,"height":8}},{"id":"1116dc00-eb1b-47f7-990d-6dd1b9d6c60b","block_type":"box","text":"Value Weighted UCITS ETF.","page_number":1,"box":{"x":515,"y":634,"width":143,"height":8}},{"id":"9bdf92a1-cfca-469e-ba28-3f226e4248ab","block_type":"box","text":"Please be advised that due to all SSGA SPDR ETF Europe I & II sub-funds being","page_number":1,"box":{"x":515,"y":647,"width":407,"height":7}},{"id":"ea12d1ab-af5d-4d7c-85f7-a8da621efa9c","block_type":"box","text":"closed on Friday 29th March 2024 fund pricing will reflect the NAV of Thursday 28th","page_number":1,"box":{"x":515,"y":657,"width":432,"height":8}},{"id":"d5c8e0b7-4a89-4baa-a13e-ad08efd6343a","block_type":"box","text":"March meaning monthly fund performance figures may differ from the benchmark.","page_number":1,"box":{"x":515,"y":668,"width":425,"height":8}},{"id":"b57f14a7-a64b-493e-b3b1-e766f3774b00","block_type":"box","text":"Listings","page_number":1,"box":{"x":47,"y":700,"width":43,"height":8}},{"id":"61059ef0-89ac-4e3e-89cb-e52c6efa42fa","block_type":"box","text":"Exchange","page_number":1,"box":{"x":47,"y":716,"width":54,"height":8}},{"id":"a551a28d-fb3f-4d16-909f-11527a0c4042","block_type":"box","text":"Exchange Ticker","page_number":1,"box":{"x":259,"y":716,"width":94,"height":8}},{"id":"53886cb8-abad-44e4-b111-40e0c365f769","block_type":"box","text":"Trading Currency","page_number":1,"box":{"x":375,"y":716,"width":101,"height":8}},{"id":"5395f972-0cf4-43ce-bedc-f1292c4d14d0","block_type":"box","text":"iNAV Ticker","page_number":1,"box":{"x":493,"y":716,"width":68,"height":6}},{"id":"1459e49b-5bfe-4c6a-8367-8d70529a66be","block_type":"box","text":"Bloomberg Code","page_number":1,"box":{"x":610,"y":716,"width":95,"height":8}},{"id":"1a9a2483-fdef-417d-bf7c-43f9ca85fb8e","block_type":"box","text":"Reuters Code","page_number":1,"box":{"x":727,"y":716,"width":77,"height":6}},{"id":"172176aa-2d54-4a33-8b87-ca8ae5afb306","block_type":"box","text":"SEDOL Code","page_number":1,"box":{"x":844,"y":716,"width":73,"height":6}},{"id":"7c17f703-7d7c-4a07-b2dc-cd5d0b1893ff","block_type":"box","text":"Deutsche Börse*","page_number":1,"box":{"x":47,"y":733,"width":89,"height":6}},{"id":"a54b7730-77e7-415e-a6f8-33caa647afdf","block_type":"box","text":"ZPRV","page_number":1,"box":{"x":258,"y":733,"width":31,"height":6}},{"id":"4c22745b-a27e-4720-9efa-db7bfe0b1dea","block_type":"box","text":"EUR","page_number":1,"box":{"x":376,"y":733,"width":22,"height":6}},{"id":"b9abc654-1c9e-49df-aebe-eb55f272a0cf","block_type":"box","text":"INZPRVE","page_number":1,"box":{"x":493,"y":733,"width":49,"height":6}},{"id":"e9cb173f-91d6-4d1b-9e9f-d026bc4f3052","block_type":"box","text":"ZPRV GY","page_number":1,"box":{"x":610,"y":732,"width":50,"height":7}},{"id":"a7a124ab-66a0-4dad-ace4-90b8f8cc14b5","block_type":"box","text":"ZPRV.DE","page_number":1,"box":{"x":727,"y":733,"width":48,"height":6}},{"id":"b9a97799-1bb3-46ed-9bf2-ee5576beb4a8","block_type":"box","text":"BSPLC85","page_number":1,"box":{"x":845,"y":732,"width":52,"height":7}},{"id":"3e5ca48b-6e66-40fd-b06a-18a656572cfa","block_type":"box","text":"London Stock Exchange","page_number":1,"box":{"x":47,"y":749,"width":128,"height":7}},{"id":"7aec6ba8-97b1-41d2-8aa7-ddcb3d4d0fdf","block_type":"box","text":"USSC","page_number":1,"box":{"x":259,"y":749,"width":31,"height":6}},{"id":"14632ec0-29ea-473c-9a5f-eaf9c0791d1b","block_type":"box","text":"USD","page_number":1,"box":{"x":376,"y":749,"width":23,"height":6}},{"id":"e9c7b91f-e1a3-4689-a6ba-b604e807e592","block_type":"box","text":"INZPRVG","page_number":1,"box":{"x":493,"y":749,"width":50,"height":6}},{"id":"484af7f7-431c-4fcc-a9bf-3147657ebb06","block_type":"box","text":"USSC LN","page_number":1,"box":{"x":610,"y":749,"width":49,"height":6}},{"id":"05c616da-b749-4ff0-a3cb-ef8fdeccc30e","block_type":"box","text":"USSC.L","page_number":1,"box":{"x":727,"y":749,"width":41,"height":6}},{"id":"c01ae34c-8a24-48d2-bad5-21ca5380fc10","block_type":"box","text":"BSPLC41","page_number":1,"box":{"x":845,"y":749,"width":52,"height":6}},{"id":"d87664cc-c7b8-4977-a47d-bfdf94ef672c","block_type":"box","text":"*Denotes Primary Listing","page_number":1,"box":{"x":46,"y":767,"width":129,"height":8}},{"id":"0ac5380d-2635-4812-babe-653f7852037e","block_type":"box","text":"1","page_number":1,"box":{"x":515,"y":962,"width":3,"height":8}},{"id":"53b5cdde-3d3c-40bb-9561-9dc0ed2b1c08","block_type":"box","text":"State Street","page_number":1,"box":{"x":47,"y":66,"width":220,"height":19}},{"id":"8bbb17fd-e0ad-492a-8119-bc475a67396f","block_type":"box","text":"®","page_number":1,"box":{"x":268,"y":64,"width":9,"height":7}},{"id":"0c817ee5-f630-4496-b9b9-103698e1d66d","block_type":"box","text":"SPDR","page_number":1,"box":{"x":278,"y":66,"width":111,"height":19}},{"id":"217f647c-a172-4eea-92da-9fc472c6a7d9","block_type":"box","text":"®","page_number":1,"box":{"x":390,"y":64,"width":9,"height":7}},{"id":"e1ced35d-0bc2-404d-8b78-b8ca07cb9ff1","block_type":"box","text":"MSCI USA Small Cap","page_number":1,"box":{"x":48,"y":97,"width":385,"height":24}},{"id":"653a107b-dcad-449c-8442-8bf3c637c51a","block_type":"box","text":"Value Weighted UCITS","page_number":1,"box":{"x":46,"y":128,"width":418,"height":24}},{"id":"642adf99-e3df-4cb9-b378-dc73cd99b228","block_type":"box","text":"ETF","page_number":1,"box":{"x":48,"y":159,"width":71,"height":19}},{"id":"760f3aae-69ab-4c81-b521-213f454be2ad","block_type":"box","text":"Fact Sheet","page_number":1,"box":{"x":516,"y":47,"width":86,"height":10}},{"id":"c9da1b86-441d-48cc-bb40-4ebe213b1a2e","block_type":"box","text":"Equity","page_number":1,"box":{"x":516,"y":66,"width":56,"height":11}},{"id":"b2d85814-1b71-4271-ba49-090422041451","block_type":"box","text":"31 July 2026","page_number":1,"box":{"x":515,"y":121,"width":64,"height":7}},{"id":"941e7ba6-5a2a-4e60-8a81-07735d419dcf","block_type":"box","text":"31 August 2026","page_number":1,"box":{"x":749,"y":47,"width":136,"height":12}},{"id":"40acbb8d-c992-4a8b-a240-4ba592a62f9d","block_type":"box","text":"2","page_number":2,"box":{"x":515,"y":962,"width":8,"height":8}},{"id":"99382da3-682e-4f9d-b5a8-bceffe5274c1","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":"53705272-6baa-4631-8ef1-e6d42c1096a3","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":"628e26e3-08c8-4f80-beb2-894d9db3e894","block_type":"box","text":"Performance","page_number":2,"box":{"x":47,"y":43,"width":74,"height":6}},{"id":"c6092a04-fa66-4d7e-af08-8037c0763f81","block_type":"box","text":"Index","page_number":2,"box":{"x":133,"y":59,"width":31,"height":6}},{"id":"57254fc8-bd22-42f5-8ed1-5673f593a3af","block_type":"box","text":"Fund Gross","page_number":2,"box":{"x":180,"y":59,"width":64,"height":6}},{"id":"6681fb82-f99f-4808-bfeb-72ddb294006c","block_type":"box","text":"Difference","page_number":2,"box":{"x":262,"y":59,"width":59,"height":6}},{"id":"1c914bf3-1520-433c-9b20-02c635c12cbc","block_type":"box","text":"Fund Net","page_number":2,"box":{"x":351,"y":59,"width":51,"height":6}},{"id":"7fb2bb58-01a3-48e7-8ef7-4930feee3828","block_type":"box","text":"Difference","page_number":2,"box":{"x":419,"y":59,"width":59,"height":6}},{"id":"04990817-e5e7-43b7-b57b-c89351717e88","block_type":"box","text":"Annualised Returns (%)","page_number":2,"box":{"x":46,"y":75,"width":134,"height":7}},{"id":"3890d627-5ef8-40a6-ac96-02f1e9ebb045","block_type":"box","text":"1 Year","page_number":2,"box":{"x":47,"y":91,"width":34,"height":6}},{"id":"752879bc-fb8e-4a1b-99c9-77d695643d3e","block_type":"box","text":"26.52","page_number":2,"box":{"x":128,"y":91,"width":35,"height":6}},{"id":"cf27b17b-64db-4dce-ae16-dab2aae5712b","block_type":"box","text":"27.11","page_number":2,"box":{"x":209,"y":91,"width":34,"height":6}},{"id":"154ca0f6-ff69-4850-946f-e61fa72ea434","block_type":"box","text":"0.59","page_number":2,"box":{"x":293,"y":91,"width":27,"height":6}},{"id":"d833def4-b6a1-4e91-994c-aa5a02d654f4","block_type":"box","text":"26.73","page_number":2,"box":{"x":366,"y":91,"width":35,"height":6}},{"id":"aae56ee7-1f4b-4599-aff8-1a292908c49d","block_type":"box","text":"0.21","page_number":2,"box":{"x":450,"y":91,"width":27,"height":6}},{"id":"4a279e02-7951-46dc-a0b4-328bb2c35c39","block_type":"box","text":"3 Year","page_number":2,"box":{"x":47,"y":107,"width":34,"height":6}},{"id":"6537caef-ffd5-4e43-be03-2a7b17ebeb55","block_type":"box","text":"18.19","page_number":2,"box":{"x":129,"y":107,"width":34,"height":6}},{"id":"d1306d92-25cb-4592-b70e-f09703551077","block_type":"box","text":"18.64","page_number":2,"box":{"x":210,"y":107,"width":34,"height":6}},{"id":"c561f019-7ebc-4f07-a51e-8ec9e16eef2f","block_type":"box","text":"0.45","page_number":2,"box":{"x":293,"y":107,"width":27,"height":6}},{"id":"7eee6916-a448-49ba-897f-7cda620b3c79","block_type":"box","text":"18.28","page_number":2,"box":{"x":367,"y":107,"width":34,"height":6}},{"id":"c3b34de4-059a-4685-af54-5f7458252790","block_type":"box","text":"0.09","page_number":2,"box":{"x":450,"y":107,"width":27,"height":6}},{"id":"c2f850c2-a85e-4971-8dae-12afd4cc77d9","block_type":"box","text":"5 Year","page_number":2,"box":{"x":47,"y":123,"width":34,"height":6}},{"id":"f05a7682-7c86-4624-ad51-af1279a6774c","block_type":"box","text":"11.22","page_number":2,"box":{"x":129,"y":123,"width":34,"height":6}},{"id":"f38deec2-9152-46b2-a6a3-975b3bd6b4a0","block_type":"box","text":"11.59","page_number":2,"box":{"x":210,"y":123,"width":34,"height":6}},{"id":"e71d50b3-2f7e-46d6-a5ed-e4bc0ce225e3","block_type":"box","text":"0.37","page_number":2,"box":{"x":293,"y":123,"width":27,"height":6}},{"id":"63a72e06-31ba-4f69-903d-b9c7640b98b9","block_type":"box","text":"11.26","page_number":2,"box":{"x":367,"y":123,"width":34,"height":6}},{"id":"35570cb2-1a53-4b1b-89b7-85b51ea82785","block_type":"box","text":"0.04","page_number":2,"box":{"x":450,"y":123,"width":28,"height":6}},{"id":"db7a39ed-c39a-4719-aa7f-fb9dcc774732","block_type":"box","text":"10 Year","page_number":2,"box":{"x":47,"y":139,"width":42,"height":6}},{"id":"a5025a2a-78b6-4508-b668-47e5845ec917","block_type":"box","text":"12.16","page_number":2,"box":{"x":129,"y":139,"width":34,"height":6}},{"id":"6643aa2c-8d48-40d0-96be-9ccc34a69a4e","block_type":"box","text":"12.40","page_number":2,"box":{"x":210,"y":139,"width":34,"height":6}},{"id":"5a631fe9-b35d-49ab-9d8e-e731622eaad9","block_type":"box","text":"0.23","page_number":2,"box":{"x":293,"y":139,"width":27,"height":6}},{"id":"c9334d07-fe61-4573-a704-103af76c1d56","block_type":"box","text":"12.06","page_number":2,"box":{"x":367,"y":139,"width":34,"height":6}},{"id":"0513c0f3-d9d3-459c-ab7a-bb58c48b7f83","block_type":"box","text":"-0.10","page_number":2,"box":{"x":446,"y":139,"width":31,"height":6}},{"id":"d0e91f72-26c3-4880-8c36-56341a98c583","block_type":"box","text":"Since","page_number":2,"box":{"x":46,"y":155,"width":30,"height":6}},{"id":"8494a755-1716-4903-b1af-c297dc695d5f","block_type":"box","text":"Inception","page_number":2,"box":{"x":47,"y":166,"width":48,"height":8}},{"id":"e26fe74b-a284-41e6-9e56-d66e03d653b6","block_type":"box","text":"10.53","page_number":2,"box":{"x":129,"y":155,"width":34,"height":6}},{"id":"2eff2110-b522-47c7-9bf8-4278ae83bbbc","block_type":"box","text":"10.74","page_number":2,"box":{"x":210,"y":155,"width":34,"height":6}},{"id":"9f5146d9-95f3-487e-8ab9-d0ddbdf4a345","block_type":"box","text":"0.20","page_number":2,"box":{"x":293,"y":155,"width":27,"height":6}},{"id":"32aea73e-4adf-462e-854a-556ba1d4b7ad","block_type":"box","text":"10.41","page_number":2,"box":{"x":367,"y":155,"width":34,"height":6}},{"id":"8ea02d85-c06c-4e53-8bfa-0665079331b0","block_type":"box","text":"-0.13","page_number":2,"box":{"x":446,"y":155,"width":31,"height":6}},{"id":"71a3644e-f79f-440c-bc9c-c337d3d799d4","block_type":"box","text":"Cumulative Performance (%)","page_number":2,"box":{"x":46,"y":183,"width":165,"height":7}},{"id":"83a05a0a-53f4-481e-9e7c-9bbc099948d4","block_type":"box","text":"1 Month","page_number":2,"box":{"x":47,"y":199,"width":43,"height":6}},{"id":"00a4d694-6c1e-4480-9ec1-20899a4dbbdf","block_type":"box","text":"0.55","page_number":2,"box":{"x":136,"y":199,"width":27,"height":6}},{"id":"f85c060c-6873-490f-8bf9-b1ba9fda2001","block_type":"box","text":"0.58","page_number":2,"box":{"x":217,"y":199,"width":27,"height":6}},{"id":"a08df252-905e-4bd7-bc1f-2845239382f2","block_type":"box","text":"0.03","page_number":2,"box":{"x":293,"y":199,"width":27,"height":6}},{"id":"0baabcb1-9a90-4133-9537-9d1694a8ec32","block_type":"box","text":"0.55","page_number":2,"box":{"x":374,"y":199,"width":27,"height":6}},{"id":"9fd22d3b-79ef-4df0-9218-57e0a97ad88d","block_type":"box","text":"0.01","page_number":2,"box":{"x":450,"y":199,"width":27,"height":6}},{"id":"96bcc410-a6ad-4cd0-a745-cb9e1e34f687","block_type":"box","text":"3 Month","page_number":2,"box":{"x":47,"y":215,"width":43,"height":6}},{"id":"0e3adebb-d532-41fb-abfe-34033dac4a61","block_type":"box","text":"6.20","page_number":2,"box":{"x":136,"y":215,"width":27,"height":6}},{"id":"e96813aa-cb62-4169-91f0-194f529b7661","block_type":"box","text":"6.36","page_number":2,"box":{"x":217,"y":215,"width":27,"height":6}},{"id":"accfabe4-897b-4ffd-88cf-50a3f507628f","block_type":"box","text":"0.16","page_number":2,"box":{"x":293,"y":215,"width":27,"height":6}},{"id":"7ac2b81e-5ad0-4016-89d7-a78248b65432","block_type":"box","text":"6.28","page_number":2,"box":{"x":374,"y":215,"width":27,"height":6}},{"id":"b3f13454-adeb-476f-b0ee-80540a44be5c","block_type":"box","text":"0.08","page_number":2,"box":{"x":450,"y":215,"width":27,"height":6}},{"id":"964e3e59-3a37-4b92-9b9e-7fee99724637","block_type":"box","text":"1 Year","page_number":2,"box":{"x":47,"y":231,"width":34,"height":6}},{"id":"06abfe85-410c-4f37-896f-e8eef9555bc0","block_type":"box","text":"26.52","page_number":2,"box":{"x":128,"y":231,"width":35,"height":6}},{"id":"2acfaf3d-2110-4985-b703-1bc07420a570","block_type":"box","text":"27.11","page_number":2,"box":{"x":209,"y":231,"width":34,"height":6}},{"id":"309dba4d-c954-400e-8a26-13724bfff92e","block_type":"box","text":"0.59","page_number":2,"box":{"x":293,"y":231,"width":27,"height":6}},{"id":"96a8b7e0-d15f-465f-9915-314624bccd00","block_type":"box","text":"26.73","page_number":2,"box":{"x":366,"y":231,"width":35,"height":6}},{"id":"da64e3ee-f99f-494c-a7b2-b3f5745bf2fa","block_type":"box","text":"0.21","page_number":2,"box":{"x":450,"y":231,"width":27,"height":6}},{"id":"de21e004-ee73-46b7-9f93-3f3a632c219c","block_type":"box","text":"2 Year","page_number":2,"box":{"x":47,"y":247,"width":34,"height":6}},{"id":"20951066-8c7d-425f-b538-a4c8f90eee97","block_type":"box","text":"38.89","page_number":2,"box":{"x":128,"y":247,"width":35,"height":6}},{"id":"5e0a4818-a268-4c46-8dc5-5c89eb2f0dcd","block_type":"box","text":"40.06","page_number":2,"box":{"x":209,"y":247,"width":35,"height":6}},{"id":"d726c703-29ef-483c-8491-933c21ebb0f0","block_type":"box","text":"1.17","page_number":2,"box":{"x":294,"y":247,"width":26,"height":6}},{"id":"e5c1d746-2565-44d8-a098-d93fae854d62","block_type":"box","text":"39.22","page_number":2,"box":{"x":366,"y":247,"width":35,"height":6}},{"id":"6f10c621-09ea-4515-9f42-cee5c26f29d8","block_type":"box","text":"0.33","page_number":2,"box":{"x":450,"y":247,"width":27,"height":6}},{"id":"7a41ccf0-a466-4b5f-af3e-5adde6a2fd8a","block_type":"box","text":"3 Year","page_number":2,"box":{"x":47,"y":263,"width":34,"height":6}},{"id":"3800065d-0e69-4ef2-9575-f8e9ba04a39c","block_type":"box","text":"65.13","page_number":2,"box":{"x":128,"y":263,"width":35,"height":6}},{"id":"a2e40b6b-d553-471d-97ce-0bfbf5a2f8b6","block_type":"box","text":"67.01","page_number":2,"box":{"x":209,"y":263,"width":34,"height":6}},{"id":"e60fda7f-3c46-4ef2-ae7a-9306f78b3962","block_type":"box","text":"1.88","page_number":2,"box":{"x":294,"y":263,"width":26,"height":6}},{"id":"7efa9d3c-b41c-4c22-a65a-5e724aa4f126","block_type":"box","text":"65.51","page_number":2,"box":{"x":366,"y":263,"width":35,"height":6}},{"id":"59b7a179-e195-4dc7-aef0-6c70f2824ae0","block_type":"box","text":"0.38","page_number":2,"box":{"x":450,"y":263,"width":27,"height":6}},{"id":"8096cc0b-f853-47a0-b0b6-852d0445e74d","block_type":"box","text":"5 Year","page_number":2,"box":{"x":47,"y":279,"width":34,"height":6}},{"id":"4e1368e5-34ec-4060-9506-04657ef0c6ad","block_type":"box","text":"70.16","page_number":2,"box":{"x":128,"y":279,"width":35,"height":6}},{"id":"806f4be3-3555-4d1b-9d1a-cff535a886ab","block_type":"box","text":"73.02","page_number":2,"box":{"x":209,"y":279,"width":35,"height":6}},{"id":"46df5665-a0f5-4b2c-9177-ed9ec8e21b99","block_type":"box","text":"2.86","page_number":2,"box":{"x":294,"y":279,"width":26,"height":6}},{"id":"bbf097ee-61ba-4b79-b52a-9f8592cdcac7","block_type":"box","text":"70.45","page_number":2,"box":{"x":366,"y":279,"width":35,"height":6}},{"id":"6a096fe7-fd14-441d-b47f-9cd5ee3b909e","block_type":"box","text":"0.29","page_number":2,"box":{"x":450,"y":279,"width":27,"height":6}},{"id":"4c00770b-0fc0-4134-8ace-e0f2887b0535","block_type":"box","text":"10 Year","page_number":2,"box":{"x":47,"y":295,"width":42,"height":7}},{"id":"f1d46c30-60bf-4395-a8e9-aec6c8dda3d9","block_type":"box","text":"215.06","page_number":2,"box":{"x":120,"y":295,"width":43,"height":7}},{"id":"2878de2e-48e1-4b43-83dc-f9d51215d2a2","block_type":"box","text":"221.72","page_number":2,"box":{"x":201,"y":295,"width":43,"height":6}},{"id":"8a3758f8-1e5c-4e0c-97f2-10dc2bd26a6d","block_type":"box","text":"6.66","page_number":2,"box":{"x":293,"y":295,"width":27,"height":7}},{"id":"f59d7597-6d79-4401-a55d-71d13c85aa26","block_type":"box","text":"212.23","page_number":2,"box":{"x":358,"y":295,"width":43,"height":7}},{"id":"03dc1c92-c08f-47fa-a730-a864132300d8","block_type":"box","text":"-2.83","page_number":2,"box":{"x":446,"y":295,"width":31,"height":7}},{"id":"eccfed7d-51f4-45fc-9567-3d32980ae795","block_type":"box","text":"Since","page_number":2,"box":{"x":46,"y":311,"width":30,"height":7}},{"id":"c88834b3-ff9e-4e19-bf15-2093bd51eacb","block_type":"box","text":"Inception","page_number":2,"box":{"x":47,"y":322,"width":48,"height":8}},{"id":"3ffd564d-f751-41aa-a675-29a37da7dbff","block_type":"box","text":"217.39","page_number":2,"box":{"x":120,"y":311,"width":43,"height":7}},{"id":"5ab2e2ce-6add-4629-8ac6-4ef5404b4951","block_type":"box","text":"224.20","page_number":2,"box":{"x":201,"y":311,"width":43,"height":7}},{"id":"5d825f99-84bf-4002-ba45-aaa8b92eab48","block_type":"box","text":"6.80","page_number":2,"box":{"x":293,"y":311,"width":27,"height":7}},{"id":"c0a2426a-348c-4324-b9a9-1d1fd59fcd23","block_type":"box","text":"213.19","page_number":2,"box":{"x":358,"y":311,"width":43,"height":7}},{"id":"ee6fbd4d-ab11-434b-8b9f-a02fb8b1feaa","block_type":"box","text":"-4.21","page_number":2,"box":{"x":446,"y":311,"width":31,"height":7}},{"id":"551ee4c9-a900-4069-a6cb-0f07503d4822","block_type":"box","text":"Calendar Performance (%)","page_number":2,"box":{"x":46,"y":339,"width":152,"height":7}},{"id":"7270b553-985b-4e7f-b6fe-ce4aa4951172","block_type":"box","text":"2026","page_number":2,"box":{"x":47,"y":355,"width":30,"height":6}},{"id":"712ad32c-1314-493a-b39e-e4a99b15db8d","block_type":"box","text":"20.83","page_number":2,"box":{"x":128,"y":355,"width":35,"height":6}},{"id":"04677d20-8d38-4f90-90c6-8a85c9b9ff5d","block_type":"box","text":"21.19","page_number":2,"box":{"x":209,"y":355,"width":35,"height":6}},{"id":"305ff3bf-4898-44ca-9eff-77e2a3dd80a0","block_type":"box","text":"0.36","page_number":2,"box":{"x":293,"y":355,"width":27,"height":6}},{"id":"44fd6471-fad8-49e9-8c8a-5f5844a46cb7","block_type":"box","text":"20.95","page_number":2,"box":{"x":366,"y":355,"width":35,"height":6}},{"id":"9c81935a-bb79-4acf-9917-171b70c709f7","block_type":"box","text":"0.12","page_number":2,"box":{"x":450,"y":355,"width":27,"height":6}},{"id":"46fa34f5-ded4-49ea-a122-1cb6d8ab5801","block_type":"box","text":"2025","page_number":2,"box":{"x":47,"y":371,"width":30,"height":6}},{"id":"d5391a24-7d8f-4e5d-b4a8-03d39f00f158","block_type":"box","text":"13.71","page_number":2,"box":{"x":129,"y":371,"width":33,"height":6}},{"id":"81b316a7-bd7c-4da5-afd3-c7ae519ee016","block_type":"box","text":"14.23","page_number":2,"box":{"x":210,"y":371,"width":34,"height":6}},{"id":"f8860b76-3225-455c-b28b-522e0e3691ee","block_type":"box","text":"0.52","page_number":2,"box":{"x":293,"y":371,"width":27,"height":6}},{"id":"c64c1131-b552-4bf1-b203-74f3fae3eb7f","block_type":"box","text":"13.89","page_number":2,"box":{"x":367,"y":371,"width":34,"height":6}},{"id":"0649ef07-c62c-40e1-8474-9ab48fd6e056","block_type":"box","text":"0.18","page_number":2,"box":{"x":450,"y":371,"width":27,"height":6}},{"id":"5210210b-afda-40e5-896e-8e5dcb0fbf34","block_type":"box","text":"2024","page_number":2,"box":{"x":47,"y":387,"width":31,"height":6}},{"id":"94a8efc3-3180-47b4-a742-7de3476508f3","block_type":"box","text":"9.70","page_number":2,"box":{"x":136,"y":387,"width":27,"height":6}},{"id":"37650b89-5dfe-43d1-ab42-3461df1bdfc5","block_type":"box","text":"10.00","page_number":2,"box":{"x":210,"y":387,"width":34,"height":6}},{"id":"d3ed68cf-7214-45e4-b397-a156b186c30b","block_type":"box","text":"0.30","page_number":2,"box":{"x":293,"y":387,"width":27,"height":6}},{"id":"4147b9e1-79cf-477d-aa7f-1bff35484151","block_type":"box","text":"9.67","page_number":2,"box":{"x":374,"y":387,"width":27,"height":6}},{"id":"ed0a1ccb-0d63-4906-9006-2ec3120a596e","block_type":"box","text":"-0.03","page_number":2,"box":{"x":446,"y":387,"width":31,"height":6}},{"id":"fc8cca7f-1cfa-4cc2-b8f7-caefbede263d","block_type":"box","text":"2023","page_number":2,"box":{"x":47,"y":403,"width":30,"height":7}},{"id":"10f50f43-a122-4ad6-bd96-8e280e49cb5b","block_type":"box","text":"21.19","page_number":2,"box":{"x":128,"y":403,"width":35,"height":7}},{"id":"11dcebdb-a27b-41fe-b36e-2a7447af50b8","block_type":"box","text":"21.54","page_number":2,"box":{"x":209,"y":403,"width":35,"height":7}},{"id":"c7997e5a-2518-4f59-983b-a2b277b25b38","block_type":"box","text":"0.35","page_number":2,"box":{"x":293,"y":403,"width":27,"height":7}},{"id":"5aa9c5be-842d-4070-9228-c628e4f968f3","block_type":"box","text":"21.18","page_number":2,"box":{"x":366,"y":403,"width":35,"height":7}},{"id":"c20e16ea-0ece-4718-9a21-2544f19fc589","block_type":"box","text":"-0.01","page_number":2,"box":{"x":446,"y":403,"width":31,"height":7}},{"id":"4fa7a0db-4fa0-4af2-bc2b-fb22e20c5650","block_type":"box","text":"2022","page_number":2,"box":{"x":47,"y":419,"width":30,"height":7}},{"id":"84f54691-8761-4e6c-9f0c-75e9a17f56e0","block_type":"box","text":"-10.20","page_number":2,"box":{"x":124,"y":419,"width":39,"height":7}},{"id":"76b2a175-0247-46b5-81f8-fe0864ad4050","block_type":"box","text":"-9.96","page_number":2,"box":{"x":213,"y":419,"width":31,"height":7}},{"id":"f35a5ab3-bfb7-4b64-a2c8-155638ceacea","block_type":"box","text":"0.24","page_number":2,"box":{"x":293,"y":419,"width":27,"height":7}},{"id":"568d1467-5493-4906-9750-d863884c8ee8","block_type":"box","text":"-10.23","page_number":2,"box":{"x":362,"y":419,"width":39,"height":7}},{"id":"81a85ea2-6baf-4ca0-b0fb-0ec61a85e5ab","block_type":"box","text":"-0.03","page_number":2,"box":{"x":446,"y":419,"width":31,"height":7}},{"id":"a5dca0a3-061e-4b42-a593-edde32c686c3","block_type":"box","text":"2021","page_number":2,"box":{"x":47,"y":435,"width":30,"height":7}},{"id":"43b7a483-8da7-4246-8063-cc6560fddcb6","block_type":"box","text":"35.68","page_number":2,"box":{"x":128,"y":435,"width":35,"height":7}},{"id":"6c5eaf2f-600c-46d4-afe7-a1e5e2d5da67","block_type":"box","text":"35.80","page_number":2,"box":{"x":209,"y":435,"width":35,"height":7}},{"id":"d39d2576-4ce2-4d59-a9c8-079e513489be","block_type":"box","text":"0.12","page_number":2,"box":{"x":293,"y":435,"width":27,"height":7}},{"id":"47ce3b7c-4596-4524-8d6c-a05d46e687f7","block_type":"box","text":"35.40","page_number":2,"box":{"x":366,"y":435,"width":35,"height":7}},{"id":"1cdd4ae5-8a6f-4f86-8cbb-5e110517fd97","block_type":"box","text":"-0.29","page_number":2,"box":{"x":446,"y":435,"width":31,"height":7}},{"id":"b171d406-01f8-4842-9d90-20970bf9c0fb","block_type":"box","text":"Fund (%)","page_number":2,"box":{"x":428,"y":468,"width":50,"height":7}},{"id":"b5c35a69-64b0-4962-b8ed-62a956ad9fdc","block_type":"box","text":"Standard Deviation (3 Years)","page_number":2,"box":{"x":46,"y":485,"width":164,"height":7}},{"id":"4df7a549-36b5-4a30-b313-00d304b3ab6f","block_type":"box","text":"18.04","page_number":2,"box":{"x":444,"y":485,"width":34,"height":6}},{"id":"dc5d554b-fb21-41f1-a6f6-57b94fe92173","block_type":"box","text":"Annualised Tracking Error (3 Years)","page_number":2,"box":{"x":46,"y":501,"width":204,"height":8}},{"id":"af7419c7-84a3-4eca-9223-dbd1427649d3","block_type":"box","text":"0.07","page_number":2,"box":{"x":451,"y":501,"width":26,"height":6}},{"id":"fc58456e-4aa7-4d0f-9bff-68b4be9240ad","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":"d0b1e695-16f2-4cfe-9dc9-ba4ecbaa6648","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":"b487d33b-7f99-401b-9634-a1cd5893770c","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":"ad75bcce-37db-4aea-ae7e-bcbc2c3c79a7","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":"9d288076-3822-4d14-853a-f63c3843f44e","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":"c08716ff-bb20-4480-9f12-2230916b9777","block_type":"box","text":"fluctuations.","page_number":2,"box":{"x":46,"y":571,"width":63,"height":6}},{"id":"494f71bc-706a-40b9-bb4b-cd426c2d5d04","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":"cd234d2d-585a-4109-8f29-8d749c4902cc","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":"18718722-875a-413f-aa8a-2fd5733760f4","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":"a98b3abd-90f6-4053-88a8-21c3c6bb7be6","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":"032647e6-d968-4d41-931c-d6de7c5cd38b","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":"ea136d76-c555-4b2c-a9b5-78ac954fd457","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":"4ca4353f-dfc9-4d33-9e70-626e4e8f64ea","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":"8f560a42-3a73-4886-a0c9-3a73236a6bc0","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":"779fb7e0-ec6a-489a-b2c0-146cba9f639f","block_type":"box","text":"Characteristics","page_number":2,"box":{"x":46,"y":687,"width":88,"height":6}},{"id":"13ae9813-ff95-401a-8d3b-cbc4be35f713","block_type":"box","text":"Number of Holdings","page_number":2,"box":{"x":47,"y":703,"width":105,"height":8}},{"id":"10ef0f1a-cbbc-447d-8a9b-86e7459d392a","block_type":"box","text":"1,639","page_number":2,"box":{"x":290,"y":703,"width":34,"height":8}},{"id":"75f4b8fd-805f-4b41-b65e-2e1349c7481f","block_type":"box","text":"†Distribution Yield","page_number":2,"box":{"x":46,"y":720,"width":95,"height":6}},{"id":"f2ff98ff-9f5f-4556-8903-52f8980a76e0","block_type":"box","text":"-","page_number":2,"box":{"x":289,"y":723,"width":3,"height":1}},{"id":"00109806-b00f-44e5-8d27-30659c7bbc99","block_type":"box","text":"Price/Earnings Ratio FY1","page_number":2,"box":{"x":47,"y":736,"width":132,"height":7}},{"id":"94e2983f-f9f1-46f7-9ab9-32ba0267ad1f","block_type":"box","text":"13.61","page_number":2,"box":{"x":290,"y":736,"width":33,"height":6}},{"id":"774fb085-454f-4098-8b11-863be72bf01d","block_type":"box","text":"Average Price/Book","page_number":2,"box":{"x":46,"y":752,"width":107,"height":8}},{"id":"d6e33f99-ba4f-449d-9ab2-95baa933012a","block_type":"box","text":"1.67","page_number":2,"box":{"x":290,"y":752,"width":25,"height":6}},{"id":"97349949-eee9-4339-9180-1fb1d7cf6b73","block_type":"box","text":"Average Market Cap (M)","page_number":2,"box":{"x":46,"y":768,"width":130,"height":8}},{"id":"7ecb5a1f-db11-4c17-9e2b-c48d30c19035","block_type":"box","text":"US$7,166.11","page_number":2,"box":{"x":289,"y":767,"width":78,"height":8}},{"id":"ebdd4bc3-6a02-4e9e-bf62-7d31b794bdf5","block_type":"box","text":"Index Dividend Yield","page_number":2,"box":{"x":47,"y":784,"width":106,"height":6}},{"id":"9e157761-82b2-4e40-8b0f-a3a322674795","block_type":"box","text":"1.78%","page_number":2,"box":{"x":290,"y":784,"width":36,"height":6}},{"id":"ef2cc3c2-4d9e-403b-8f39-7e6f6ce6e261","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":"19144dd6-8c30-4d26-a6d9-38681815637d","block_type":"box","text":"NAV.","page_number":2,"box":{"x":47,"y":813,"width":24,"height":6}},{"id":"e8225124-37bf-482a-a7b4-597c1652afaf","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":"ddefef86-9762-4df3-8e24-e501a6f65b6f","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":"b10cdcb3-8b62-4806-a79a-07e6b912e0f8","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":"0e32ac6f-3fc8-4528-b43c-7251ee15ef2d","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":"12ab8514-3ea6-45e6-8118-b467683110a3","block_type":"box","text":"securities.","page_number":2,"box":{"x":46,"y":868,"width":52,"height":7}},{"id":"2d6d3fc4-7282-4cd3-9b84-a8546076334e","block_type":"box","text":"Top 10 Holdings","page_number":2,"box":{"x":515,"y":43,"width":92,"height":7}},{"id":"fbb21c0b-c0b2-47cb-9ea4-3baa7110b9bb","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":885,"y":42,"width":61,"height":8}},{"id":"e503cf7a-f269-4dfe-80dc-1ffd64616867","block_type":"box","text":"TD SYNNEX CORP","page_number":2,"box":{"x":515,"y":59,"width":102,"height":6}},{"id":"3eb85053-0978-4485-9e91-d37b0ec753a7","block_type":"box","text":"0.58","page_number":2,"box":{"x":919,"y":59,"width":27,"height":6}},{"id":"9b92409e-c235-4289-b7f7-422b9e0f8070","block_type":"box","text":"LITHIA MOTORS INC","page_number":2,"box":{"x":515,"y":75,"width":113,"height":6}},{"id":"4da249b8-4448-497a-97e6-97ee5a8574d4","block_type":"box","text":"0.57","page_number":2,"box":{"x":919,"y":75,"width":27,"height":6}},{"id":"abdbc8df-edcc-443a-9ba9-04ab1c23672f","block_type":"box","text":"REINSURANCE GROUP OF AMERICA","page_number":2,"box":{"x":515,"y":91,"width":203,"height":7}},{"id":"164393c3-68d7-47b4-8b00-daf11c0cd8f3","block_type":"box","text":"0.55","page_number":2,"box":{"x":919,"y":91,"width":27,"height":7}},{"id":"eec5122e-7828-4f4f-88c6-b46e7840dead","block_type":"box","text":"RENAISSANCERE HOLDINGS LTD","page_number":2,"box":{"x":515,"y":107,"width":187,"height":7}},{"id":"633c7d94-ea80-4528-9313-85927be38fdf","block_type":"box","text":"0.54","page_number":2,"box":{"x":919,"y":107,"width":28,"height":7}},{"id":"2808104b-5cbb-43f8-afac-fffd428bc60a","block_type":"box","text":"PERFORMANCE FOOD GROUP CO","page_number":2,"box":{"x":515,"y":123,"width":191,"height":7}},{"id":"ef4a97f8-817b-4a90-adff-2887b9363c42","block_type":"box","text":"0.54","page_number":2,"box":{"x":919,"y":123,"width":28,"height":7}},{"id":"fee964aa-bbda-434e-96f2-a67f0605378d","block_type":"box","text":"US FOODS HOLDING CORP","page_number":2,"box":{"x":515,"y":140,"width":152,"height":6}},{"id":"d38664a8-11ad-4fba-8e23-a308de949428","block_type":"box","text":"0.50","page_number":2,"box":{"x":919,"y":140,"width":27,"height":6}},{"id":"cba351ca-161b-4e14-b689-aa31fb12250d","block_type":"box","text":"HF SINCLAIR CORP","page_number":2,"box":{"x":515,"y":156,"width":108,"height":6}},{"id":"0e04372e-bb6b-4935-b177-6d39445e21f3","block_type":"box","text":"0.49","page_number":2,"box":{"x":919,"y":156,"width":27,"height":6}},{"id":"9a1f1078-77e3-47f9-91fb-340015ef43d3","block_type":"box","text":"PBF ENERGY INC-CLASS A","page_number":2,"box":{"x":515,"y":172,"width":150,"height":6}},{"id":"5a503ccf-711d-4c46-9773-c72694a6eea1","block_type":"box","text":"0.48","page_number":2,"box":{"x":919,"y":172,"width":27,"height":6}},{"id":"ff5db6f6-ba46-4c0e-93e9-a63a0cce0c3f","block_type":"box","text":"OVINTIV INC","page_number":2,"box":{"x":515,"y":188,"width":70,"height":6}},{"id":"93903e9c-b573-497e-bbd0-b7270858a7c2","block_type":"box","text":"0.48","page_number":2,"box":{"x":919,"y":188,"width":27,"height":6}},{"id":"22356441-f95b-4899-9edc-11c56dba25f6","block_type":"box","text":"CARMAX INC","page_number":2,"box":{"x":515,"y":204,"width":74,"height":6}},{"id":"51f2c0e8-1513-421f-b93a-74cafd5eb78a","block_type":"box","text":"0.47","page_number":2,"box":{"x":919,"y":204,"width":27,"height":6}},{"id":"5b7af19c-9080-4722-96a3-478caf73b2ed","block_type":"box","text":"Sector Breakdown","page_number":2,"box":{"x":515,"y":240,"width":105,"height":6}},{"id":"9e0c0dca-bc95-46bd-96d0-ed019fd4a454","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":885,"y":240,"width":61,"height":8}},{"id":"3e90d6ec-1a50-42a1-9e19-5692385ee85e","block_type":"box","text":"Financials","page_number":2,"box":{"x":515,"y":257,"width":53,"height":6}},{"id":"e25d9354-e136-49b5-bdaf-70a415f6b45a","block_type":"box","text":"22.97","page_number":2,"box":{"x":912,"y":257,"width":34,"height":6}},{"id":"d26d51ac-867f-4355-9abf-dcc65021c154","block_type":"box","text":"Industrials","page_number":2,"box":{"x":515,"y":273,"width":54,"height":6}},{"id":"83fad360-0ba2-4b7b-8f76-99042cf024dd","block_type":"box","text":"15.61","page_number":2,"box":{"x":912,"y":273,"width":34,"height":6}},{"id":"aa51840a-d5f4-4b88-9f10-59e54687a36a","block_type":"box","text":"Consumer Discretionary","page_number":2,"box":{"x":515,"y":289,"width":130,"height":8}},{"id":"81ae5993-c8d6-4491-89f7-5c4e5138f444","block_type":"box","text":"15.51","page_number":2,"box":{"x":912,"y":289,"width":34,"height":6}},{"id":"5be746c5-0a5e-44d8-84ec-f286a0b6fcc8","block_type":"box","text":"Health Care","page_number":2,"box":{"x":515,"y":305,"width":63,"height":6}},{"id":"55d09eb6-e0f5-415e-9155-b13aee798486","block_type":"box","text":"8.77","page_number":2,"box":{"x":920,"y":305,"width":26,"height":6}},{"id":"47b7db4f-385e-443f-b794-f4199689c3f5","block_type":"box","text":"Energy","page_number":2,"box":{"x":515,"y":321,"width":37,"height":8}},{"id":"6fd754af-2908-4ebd-abf5-984524db9bc4","block_type":"box","text":"7.49","page_number":2,"box":{"x":920,"y":321,"width":26,"height":6}},{"id":"50a32478-f6ff-401e-91af-0fc98ca70107","block_type":"box","text":"Information Technology","page_number":2,"box":{"x":515,"y":337,"width":126,"height":8}},{"id":"fc4eda7b-cc96-4263-b8bc-94566f6418ed","block_type":"box","text":"7.47","page_number":2,"box":{"x":920,"y":337,"width":26,"height":6}},{"id":"d8afb02c-a953-4412-ad8c-f6fb629bfd55","block_type":"box","text":"Consumer Staples","page_number":2,"box":{"x":515,"y":353,"width":98,"height":8}},{"id":"1a52f5dc-8958-4635-87bc-ff5a4ea37da7","block_type":"box","text":"6.14","page_number":2,"box":{"x":920,"y":353,"width":27,"height":6}},{"id":"22f7bb54-769c-4a7d-9935-1309ce9f592c","block_type":"box","text":"Real Estate","page_number":2,"box":{"x":515,"y":369,"width":60,"height":7}},{"id":"1e426cd5-7075-46e3-ac54-4cf03b1baf26","block_type":"box","text":"5.76","page_number":2,"box":{"x":920,"y":369,"width":26,"height":7}},{"id":"f31049f5-a7f7-4a1f-a91c-e0fe6d171a18","block_type":"box","text":"Materials","page_number":2,"box":{"x":515,"y":386,"width":48,"height":6}},{"id":"19073c2d-1c59-4c05-b9db-bae1076184f4","block_type":"box","text":"5.22","page_number":2,"box":{"x":920,"y":385,"width":26,"height":7}},{"id":"8c889ead-137a-45c7-bf45-b9f3e8f8a627","block_type":"box","text":"Utilities","page_number":2,"box":{"x":515,"y":402,"width":39,"height":6}},{"id":"1d0c5012-a71a-4971-9326-37fba780fb47","block_type":"box","text":"2.56","page_number":2,"box":{"x":920,"y":402,"width":26,"height":6}},{"id":"e1690a07-2e2f-47dd-bd79-51ad4aa6f90f","block_type":"box","text":"Communication Services","page_number":2,"box":{"x":515,"y":418,"width":134,"height":6}},{"id":"b7a4e8d6-97d8-42e2-940b-bded84746e07","block_type":"box","text":"2.51","page_number":2,"box":{"x":920,"y":418,"width":26,"height":6}},{"id":"bd645c6b-a293-424c-8a60-e4c0eabeefc5","block_type":"box","text":"Country Weights","page_number":2,"box":{"x":515,"y":454,"width":95,"height":8}},{"id":"f283d46a-5079-4031-8487-a1dfe77688f3","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":885,"y":454,"width":61,"height":8}},{"id":"fcba4430-715c-4a88-846b-a0506db83e0e","block_type":"box","text":"United States","page_number":2,"box":{"x":515,"y":470,"width":72,"height":6}},{"id":"764dbe0c-4763-46f1-bd2e-f66b0f8b1081","block_type":"box","text":"100.00","page_number":2,"box":{"x":904,"y":470,"width":42,"height":6}},{"id":"d84bfec2-a939-49dc-966d-3db99f00d074","block_type":"box","text":"Contact Us","page_number":2,"box":{"x":515,"y":519,"width":79,"height":8}},{"id":"a2d81400-8ee6-4720-8f85-989b9cc48230","block_type":"box","text":"Visit our website at","page_number":2,"box":{"x":515,"y":548,"width":125,"height":8}},{"id":"57831b8e-6d6c-4a75-9832-e6e0a9d1dfa3","block_type":"box","text":"ssga.com/etfs","page_number":2,"box":{"x":640,"y":548,"width":91,"height":10}},{"id":"6999cbef-f134-4133-91ba-bbce95af8abc","block_type":"box","text":"or contact your local SPDR ETF","page_number":2,"box":{"x":731,"y":548,"width":210,"height":9}},{"id":"e938aa97-0aab-4a73-b1d4-66f975ced242","block_type":"box","text":"representative. Alternatively contact our SPDR ETF Sales and","page_number":2,"box":{"x":516,"y":562,"width":401,"height":10}},{"id":"dcedbcad-0705-42e9-acae-fde8f87ac3e1","block_type":"box","text":"Support team at","page_number":2,"box":{"x":515,"y":576,"width":109,"height":10}},{"id":"920643b1-9b8f-4b91-a392-0267ae651117","block_type":"box","text":"spdrseurope","page_number":2,"box":{"x":624,"y":576,"width":83,"height":10}},{"id":"33b87c95-ef8b-4e4d-a63b-eea3fc5e11d4","block_type":"box","text":"@ssga.com","page_number":2,"box":{"x":708,"y":577,"width":73,"height":9}},{"id":"d499a8bb-a877-4c48-887c-9f1f01a234ff","block_type":"box","text":".","page_number":2,"box":{"x":782,"y":583,"width":2,"height":1}},{"id":"6554219e-8d0d-43e1-b082-af039a1a3d18","block_type":"box","text":"France & Luxembourg","page_number":2,"box":{"x":515,"y":601,"width":157,"height":9}},{"id":"0d1c5803-585f-4459-9db4-a15924c477c8","block_type":"box","text":"spdretf_france@ssga.com","page_number":2,"box":{"x":515,"y":615,"width":173,"height":10}},{"id":"7caa2b73-eb29-4b62-b2c6-fc79c178cc7d","block_type":"box","text":"+33 1 44 45 40 00","page_number":2,"box":{"x":516,"y":629,"width":121,"height":8}},{"id":"daddd12d-1d8c-47df-830d-78e7e0f486a5","block_type":"box","text":"Germany","page_number":2,"box":{"x":749,"y":601,"width":67,"height":9}},{"id":"98be8373-9369-407e-8b32-4957d17358fc","block_type":"box","text":"spdrsgermany@ssga.com","page_number":2,"box":{"x":749,"y":615,"width":171,"height":10}},{"id":"c002996e-a792-4580-bb90-74fd7c7f852d","block_type":"box","text":"+49 69 66774 5016","page_number":2,"box":{"x":750,"y":629,"width":130,"height":8}},{"id":"33647d4a-0ec9-4709-80c0-370199161895","block_type":"box","text":"Italy","page_number":2,"box":{"x":515,"y":650,"width":31,"height":10}},{"id":"043629f0-30cd-418d-a195-f529986d4ff6","block_type":"box","text":"spdretf_italia@ssga.com","page_number":2,"box":{"x":515,"y":665,"width":161,"height":9}},{"id":"57ab10f7-0407-41cd-a960-b4fd8bf4980d","block_type":"box","text":"+39 0232066 140","page_number":2,"box":{"x":516,"y":679,"width":120,"height":8}},{"id":"bc5d7d28-c1c0-4517-84d3-49b49408a51c","block_type":"box","text":"Netherlands","page_number":2,"box":{"x":750,"y":650,"width":87,"height":8}},{"id":"75a3c949-e783-471f-ad14-2df3383c0e29","block_type":"box","text":"spdr_nl@ssga.com","page_number":2,"box":{"x":749,"y":665,"width":124,"height":9}},{"id":"87d2f374-0cd6-4de2-be0e-5d6def73162c","block_type":"box","text":"+31 (0)20-7181071","page_number":2,"box":{"x":750,"y":679,"width":115,"height":8}},{"id":"a429d43b-d540-4b3f-85ad-54e1c38e9eaf","block_type":"box","text":"Nordics","page_number":2,"box":{"x":515,"y":700,"width":55,"height":7}},{"id":"50962fb0-e770-4139-b5dd-f25d78f18e1c","block_type":"box","text":"spdrseurope@ssga.com","page_number":2,"box":{"x":515,"y":714,"width":160,"height":10}},{"id":"df459c62-7b6a-4bef-a227-ba6950ffe866","block_type":"box","text":"+31 (0)20-7181071","page_number":2,"box":{"x":516,"y":728,"width":115,"height":9}},{"id":"c3bb3364-9ba0-4045-9400-2e00d095c119","block_type":"box","text":"Spain","page_number":2,"box":{"x":749,"y":700,"width":40,"height":9}},{"id":"71806746-4915-4e09-8c9e-4e71748b234f","block_type":"box","text":"spdrseurope@ssga.com","page_number":2,"box":{"x":749,"y":714,"width":160,"height":10}},{"id":"9e4511dc-714b-4a5a-a86f-0b43afa8003d","block_type":"box","text":"+39 0232066 140","page_number":2,"box":{"x":750,"y":728,"width":120,"height":8}},{"id":"3ff0b4fa-9a99-4f92-8cf5-61a9fda1e74a","block_type":"box","text":"Switzerland","page_number":2,"box":{"x":515,"y":749,"width":84,"height":8}},{"id":"87a40ce0-e77a-4d90-9b63-55421e96a4df","block_type":"box","text":"spdrsswitzerland@ssga.com","page_number":2,"box":{"x":515,"y":764,"width":188,"height":9}},{"id":"52024bf0-9e51-4b87-9932-e3bb1a55a941","block_type":"box","text":"+ 41 (0)44 245 70 00","page_number":2,"box":{"x":516,"y":777,"width":139,"height":9}},{"id":"2f071bcc-3d61-420a-a5db-24cf29f74e3d","block_type":"box","text":"United Kingdom","page_number":2,"box":{"x":750,"y":749,"width":113,"height":10}},{"id":"3f5b080c-6992-438d-bf50-b35e05b376c8","block_type":"box","text":"spdrseurope@ssga.com","page_number":2,"box":{"x":749,"y":764,"width":160,"height":9}},{"id":"39d0ce63-84b4-46b9-a179-fa83ffa738fd","block_type":"box","text":"+44 (0) 203 395 6888","page_number":2,"box":{"x":750,"y":777,"width":148,"height":9}},{"id":"31f1ab69-cd00-4f01-8ce7-b5dc1928eced","block_type":"box","text":"3","page_number":3,"box":{"x":515,"y":962,"width":8,"height":8}},{"id":"cef5fd1f-0491-4206-97be-ef17224f861b","block_type":"box","text":"ssga.com/etfs","page_number":3,"box":{"x":46,"y":244,"width":124,"height":12}},{"id":"f9de738c-4417-49f1-8e27-2b287f24b8c7","block_type":"box","text":"State Street Global Advisors (SSGA) is now","page_number":3,"box":{"x":46,"y":266,"width":201,"height":7}},{"id":"91ae13dc-34fb-4b1d-8017-ab2c0c92c827","block_type":"box","text":"State Street Investment Management.","page_number":3,"box":{"x":46,"y":276,"width":180,"height":7}},{"id":"1f60e69d-6dc1-4632-85c0-6c86e6d78df7","block_type":"box","text":"Please go to","page_number":3,"box":{"x":46,"y":285,"width":56,"height":8}},{"id":"0118a13c-6cfb-4e86-bbba-19576014a2e3","block_type":"box","text":"statestreet.com/investment","page_number":3,"box":{"x":105,"y":285,"width":136,"height":7}},{"id":"7c3d5830-23ba-4c57-a666-24e07faaa941","block_type":"box","text":"management","page_number":3,"box":{"x":46,"y":295,"width":63,"height":7}},{"id":"dd941886-0a7e-4121-b188-21a1b54dd0ec","block_type":"box","text":"for more information.","page_number":3,"box":{"x":111,"y":295,"width":101,"height":6}},{"id":"0ea1acf5-e5a2-4ff6-b9d6-20136753a1b3","block_type":"box","text":"Glossary","page_number":3,"box":{"x":46,"y":325,"width":41,"height":7}},{"id":"35062f94-a419-4eef-8d79-f3d93b0a9e17","block_type":"box","text":"Price/Earnings Ratio FY1","page_number":3,"box":{"x":46,"y":343,"width":115,"height":8}},{"id":"76938644-dda1-4fa4-8fd9-ee75ba6d8ebd","block_type":"box","text":"The average of the","page_number":3,"box":{"x":168,"y":344,"width":78,"height":7}},{"id":"611c465f-f1ee-4b38-9657-7b58db8a40d0","block_type":"box","text":"price of each underlying security divided by the","page_number":3,"box":{"x":47,"y":353,"width":200,"height":8}},{"id":"ebcd2aa5-6744-4494-b34d-85099d4c6ba1","block_type":"box","text":"mean EPS estimate of the security for the next","page_number":3,"box":{"x":47,"y":363,"width":195,"height":7}},{"id":"5741fca7-f56d-46e9-8ef5-748d08f01879","block_type":"box","text":"unreported fiscal year, as of the report date.","page_number":3,"box":{"x":47,"y":372,"width":183,"height":8}},{"id":"e434b5b1-92f0-4dee-a819-37b4fc454fe1","block_type":"box","text":"Average Price/Book","page_number":3,"box":{"x":46,"y":381,"width":93,"height":8}},{"id":"af710fa3-37bc-40bc-a4b7-fa6b1536ce31","block_type":"box","text":"The average of the price","page_number":3,"box":{"x":146,"y":382,"width":101,"height":7}},{"id":"84c6c1de-2b3e-4edd-8bfb-bb6e29fbe3b2","block_type":"box","text":"of each underlying security divided by the Book","page_number":3,"box":{"x":46,"y":391,"width":201,"height":8}},{"id":"55b17f70-3703-44e9-8ced-6fb61131da15","block_type":"box","text":"value per share of the security, as of the report","page_number":3,"box":{"x":46,"y":401,"width":196,"height":7}},{"id":"30777930-9602-494f-b3ca-1044aa1cdc51","block_type":"box","text":"date.","page_number":3,"box":{"x":46,"y":410,"width":21,"height":6}},{"id":"555643b0-acb7-4e6c-b0e2-6b26654f4b79","block_type":"box","text":"Index Dividend Yield","page_number":3,"box":{"x":46,"y":420,"width":96,"height":6}},{"id":"183fbd2d-cd2f-434b-ab7c-58bcc0fa221a","block_type":"box","text":"The average of the","page_number":3,"box":{"x":150,"y":420,"width":78,"height":7}},{"id":"4c52730d-9a65-44e6-a2a7-c02cc4d8dfaf","block_type":"box","text":"Annual dividends per share (DPS) of each","page_number":3,"box":{"x":46,"y":429,"width":174,"height":8}},{"id":"1531c539-a76f-4067-94ba-e0529a277858","block_type":"box","text":"underlying security in the index as of the report","page_number":3,"box":{"x":47,"y":439,"width":199,"height":7}},{"id":"e7d296c8-9d12-41e5-87dd-dea0366d5226","block_type":"box","text":"date divided by the price of the security as of","page_number":3,"box":{"x":46,"y":448,"width":190,"height":8}},{"id":"d70d930e-3cfd-40e9-9817-94bcc1b535a6","block_type":"box","text":"the report date.","page_number":3,"box":{"x":46,"y":458,"width":65,"height":7}},{"id":"da94cc87-1f0f-4baf-843d-93b87e484d80","block_type":"box","text":"TER","page_number":3,"box":{"x":46,"y":467,"width":19,"height":6}},{"id":"b2ad0c7e-75fb-47ac-9f78-ce9ee34b8b94","block_type":"box","text":"Total Expense Ratio is a fee charged to","page_number":3,"box":{"x":72,"y":467,"width":162,"height":8}},{"id":"ea022e82-f775-4b37-8a7c-cc8ff3e0c436","block_type":"box","text":"the fund, as a percentage of the Net Asset","page_number":3,"box":{"x":46,"y":477,"width":177,"height":7}},{"id":"372cc7d1-87a0-4627-b14e-6f8c0c504f95","block_type":"box","text":"Value, to cover costs associated with operation","page_number":3,"box":{"x":46,"y":486,"width":198,"height":8}},{"id":"938e6c1f-ad56-4844-9af6-d9b9f07b6095","block_type":"box","text":"and management of the portfolio of assets.","page_number":3,"box":{"x":46,"y":496,"width":181,"height":7}},{"id":"ea5800d5-4010-4abe-99b7-bbec22607c44","block_type":"box","text":"For Professional Clients / Qualified","page_number":3,"box":{"x":46,"y":525,"width":162,"height":7}},{"id":"2ded8bcb-2876-46d3-a0a1-5f1ebaea368a","block_type":"box","text":"Investors Use Only. Not for public","page_number":3,"box":{"x":46,"y":535,"width":156,"height":8}},{"id":"94e9e4c3-3aa3-4866-9a61-c0adf8870a57","block_type":"box","text":"distribution.","page_number":3,"box":{"x":46,"y":545,"width":58,"height":6}},{"id":"cbafe9bc-d380-43a2-b6b3-2a4f9360590b","block_type":"box","text":"ETFs trade like stocks, are subject to","page_number":3,"box":{"x":47,"y":554,"width":153,"height":8}},{"id":"ef38410f-10b3-4963-b81f-9e2c92c3d877","block_type":"box","text":"investment risk, fluctuate in market value and","page_number":3,"box":{"x":47,"y":564,"width":193,"height":7}},{"id":"dbfa0488-ae62-4154-a298-ad436c29e4fa","block_type":"box","text":"may trade at prices above or below the ETFs net","page_number":3,"box":{"x":47,"y":573,"width":202,"height":8}},{"id":"a1836a10-7c47-4f64-afde-8633b036d665","block_type":"box","text":"asset value. Brokerage commissions and ETF","page_number":3,"box":{"x":46,"y":583,"width":190,"height":7}},{"id":"8e5919cf-90e2-498e-83fc-f563335a72c8","block_type":"box","text":"expenses will reduce returns.","page_number":3,"box":{"x":46,"y":592,"width":123,"height":8}},{"id":"7f5835ff-e928-4a59-9a4a-bea6b359784e","block_type":"box","text":"Marketing Communication","page_number":3,"box":{"x":46,"y":611,"width":126,"height":8}},{"id":"a19ae2cc-df31-451d-8b59-e3b5e3e8e649","block_type":"box","text":"SPDR ETFs may not be available or suitable for","page_number":3,"box":{"x":46,"y":621,"width":196,"height":7}},{"id":"b467b8c8-e9ef-494a-91fe-8bf1afbc6bab","block_type":"box","text":"you. The information provided does not","page_number":3,"box":{"x":46,"y":630,"width":166,"height":8}},{"id":"deba6bfe-8179-4d26-b31b-1e504581b0e6","block_type":"box","text":"constitute investment advice as such term is","page_number":3,"box":{"x":46,"y":640,"width":190,"height":6}},{"id":"d02b0e40-ebf1-4dc4-b7cc-793802bb3b1f","block_type":"box","text":"defined under the Markets in Financial","page_number":3,"box":{"x":46,"y":649,"width":162,"height":6}},{"id":"5532f2b2-a182-4086-b15f-4e2c6310b43e","block_type":"box","text":"Instruments Directive (2014/65/EU) and it","page_number":3,"box":{"x":47,"y":658,"width":176,"height":8}},{"id":"22e7d92f-5a97-479b-a09b-9d7a83490afa","block_type":"box","text":"should not be relied on as such. It should not be","page_number":3,"box":{"x":46,"y":668,"width":201,"height":6}},{"id":"d0ba7079-1c08-491c-b627-0344507a8cec","block_type":"box","text":"considered a solicitation to buy or an offer to","page_number":3,"box":{"x":46,"y":678,"width":188,"height":7}},{"id":"b631f211-ba7a-44b2-a6cb-57d1302d2cb2","block_type":"box","text":"sell any investment. It does not take into","page_number":3,"box":{"x":46,"y":687,"width":170,"height":8}},{"id":"d170fda3-f2ce-4f31-bdd6-41aea7c862b9","block_type":"box","text":"account any investor's or potential investor's","page_number":3,"box":{"x":46,"y":697,"width":189,"height":7}},{"id":"5f852076-8918-4ea5-a374-b40f8c7d2a92","block_type":"box","text":"particular investment objectives, strategies, tax","page_number":3,"box":{"x":47,"y":706,"width":200,"height":8}},{"id":"d1ebef91-c5e5-44ba-a55c-2f3ff31e68bd","block_type":"box","text":"status, risk appetite or investment horizon. If","page_number":3,"box":{"x":46,"y":716,"width":189,"height":7}},{"id":"b9ffc731-660c-4807-a05b-f6108020b22b","block_type":"box","text":"you require investment advice you should","page_number":3,"box":{"x":46,"y":725,"width":177,"height":8}},{"id":"61f972c3-75c5-4de8-b0e6-3fd0785dbdb6","block_type":"box","text":"consult your tax and financial or other","page_number":3,"box":{"x":46,"y":735,"width":161,"height":7}},{"id":"d3b58953-14f9-4024-8f67-aa54c7e4ecca","block_type":"box","text":"professional advisor.","page_number":3,"box":{"x":47,"y":744,"width":86,"height":8}},{"id":"654c79a0-15ec-4c4b-8ce8-3e05d01c1dbf","block_type":"box","text":"This document does not constitute an offer or","page_number":3,"box":{"x":46,"y":754,"width":194,"height":6}},{"id":"37b7763f-246f-4ed6-89ea-f5e328bf135b","block_type":"box","text":"request to purchase shares in SPDR ETFs","page_number":3,"box":{"x":47,"y":763,"width":173,"height":8}},{"id":"8c52c02d-e3e4-4bee-a62d-9616176fdcfc","block_type":"box","text":"Europe I plc and SPDR ETFs Europe II plc.","page_number":3,"box":{"x":47,"y":773,"width":171,"height":7}},{"id":"d75cc792-b52d-4fd6-8073-66a6d347705c","block_type":"box","text":"Please refer to the Fund's latest Key","page_number":3,"box":{"x":46,"y":782,"width":169,"height":8}},{"id":"04afbac7-1f34-481b-93f0-82a443c2bab4","block_type":"box","text":"Information Document (KID)/Key Investor","page_number":3,"box":{"x":46,"y":792,"width":196,"height":7}},{"id":"065d0f1b-13e7-41c6-a93c-8af17c3b34cf","block_type":"box","text":"Information Document (KIID) and","page_number":3,"box":{"x":46,"y":801,"width":156,"height":7}},{"id":"3770b4b4-c238-4570-9f3f-15f4e47d6705","block_type":"box","text":"Prospectus before making any final","page_number":3,"box":{"x":46,"y":811,"width":166,"height":7}},{"id":"15280bc0-b372-4958-a0a6-e973bb36780d","block_type":"box","text":"investment decision. The latest English","page_number":3,"box":{"x":46,"y":820,"width":184,"height":8}},{"id":"8a39f7df-ce13-4935-bbad-14e99cf21d76","block_type":"box","text":"version of the prospectus and the KID/KIID","page_number":3,"box":{"x":46,"y":830,"width":201,"height":7}},{"id":"348ec8e5-f73a-4a43-a8dc-a58cc5057b95","block_type":"box","text":"can be found at","page_number":3,"box":{"x":46,"y":839,"width":73,"height":6}},{"id":"1668a17b-2172-44be-9750-94642cb79298","block_type":"box","text":"www.statestreet.com/im","page_number":3,"box":{"x":121,"y":839,"width":117,"height":7}},{"id":"04733a2b-2a87-40c5-b054-cde8f87446fe","block_type":"box","text":".","page_number":3,"box":{"x":239,"y":844,"width":2,"height":1}},{"id":"eecd5bef-8cf0-4489-91dd-31aaf2faa8e5","block_type":"box","text":"A summary of investor rights can be found","page_number":3,"box":{"x":46,"y":849,"width":200,"height":7}},{"id":"e954966c-d1e3-4005-85f3-606f46ec6535","block_type":"box","text":"here: https://www.ssga.com/library","page_number":3,"box":{"x":46,"y":858,"width":170,"height":8}},{"id":"02469593-e0a0-43ac-8df1-d7a0be5da12a","block_type":"box","text":"content/products/fund-docs/summary-of","page_number":3,"box":{"x":46,"y":868,"width":200,"height":7}},{"id":"8bd3b987-dd12-46c5-a77a-7749baee5be8","block_type":"box","text":"investor-rights/ssga-spdr-investors-rights","page_number":3,"box":{"x":46,"y":877,"width":202,"height":8}},{"id":"c9012f3d-d497-40c0-8696-60b94aeca24e","block_type":"box","text":"summary.pdf","page_number":3,"box":{"x":46,"y":887,"width":64,"height":7}},{"id":"911ed5ac-ac86-4ea7-86ce-25c8809ef22e","block_type":"box","text":"Note that the Management","page_number":3,"box":{"x":112,"y":887,"width":126,"height":7}},{"id":"10246602-fffd-4028-9e12-c6aca8988d7c","block_type":"box","text":"Company may decide to terminate the","page_number":3,"box":{"x":46,"y":896,"width":181,"height":8}},{"id":"d6a4db7a-01d1-4428-af2f-4e53b9e240e9","block_type":"box","text":"arrangements made for marketing and","page_number":3,"box":{"x":46,"y":906,"width":182,"height":7}},{"id":"a95bd005-0b89-4386-afdd-a192674a69ba","block_type":"box","text":"proceed with de-notification in compliance","page_number":3,"box":{"x":46,"y":915,"width":202,"height":8}},{"id":"b6c7eb63-b6fe-4a91-9040-b6c83203f5fd","block_type":"box","text":"with Article 93a of Directive 2009/65/EC.","page_number":3,"box":{"x":280,"y":247,"width":196,"height":7}},{"id":"be7cd154-dc7e-4fd8-bb9d-c2b79a84c011","block_type":"box","text":"All fund related documents are available for free","page_number":3,"box":{"x":280,"y":257,"width":203,"height":6}},{"id":"1962a342-dc68-49b1-93d3-3720abfc46c3","block_type":"box","text":"of charge from the offices of the Local","page_number":3,"box":{"x":281,"y":266,"width":158,"height":8}},{"id":"95223bdb-0575-418f-aa15-437e3a82735d","block_type":"box","text":"Representative/Agent or by visiting the","page_number":3,"box":{"x":281,"y":276,"width":164,"height":7}},{"id":"eebcf4fc-614b-42c2-9e95-1fcc3b2333d3","block_type":"box","text":"www.","page_number":3,"box":{"x":448,"y":278,"width":22,"height":4}},{"id":"95b00463-bcf6-466c-9356-615d2a854d7b","block_type":"box","text":"statestreet.com/im","page_number":3,"box":{"x":281,"y":285,"width":80,"height":7}},{"id":"e0d67b33-51f2-47da-baea-3b37bebeb82c","block_type":"box","text":"or by contacting State","page_number":3,"box":{"x":364,"y":285,"width":93,"height":8}},{"id":"76f018e8-6d62-40ba-b030-8764e6737409","block_type":"box","text":"Street Custodial Services (Ireland) Limited, 78","page_number":3,"box":{"x":281,"y":295,"width":193,"height":7}},{"id":"5bdfb45b-1f76-42bf-b255-91025b2c8131","block_type":"box","text":"Sir John Rogerson's Quay, Dublin 2, Ireland.","page_number":3,"box":{"x":281,"y":304,"width":181,"height":8}},{"id":"10d1e19b-506b-433a-815d-48788cd69a7c","block_type":"box","text":"SPDR ETFs is the exchange traded funds (\"ETF\")","page_number":3,"box":{"x":281,"y":314,"width":202,"height":7}},{"id":"90b0067e-4753-4444-9999-642b6431d19f","block_type":"box","text":"platform of State Street Global Advisors and is","page_number":3,"box":{"x":281,"y":323,"width":195,"height":8}},{"id":"866995bf-8865-4202-9793-05c20d03f8ac","block_type":"box","text":"comprised of funds that have been authorised","page_number":3,"box":{"x":281,"y":333,"width":194,"height":7}},{"id":"2b1203eb-3c50-43f9-ae1e-6a3486a83353","block_type":"box","text":"by Central Bank of Ireland as open-ended UCITS","page_number":3,"box":{"x":281,"y":342,"width":203,"height":8}},{"id":"1ce8e5df-8a0d-49e4-a6a3-e9f95717239f","block_type":"box","text":"investment companies.","page_number":3,"box":{"x":281,"y":352,"width":98,"height":7}},{"id":"155d4818-5906-4328-8064-8da2c12def63","block_type":"box","text":"The funds are not available to U.S. investors.","page_number":3,"box":{"x":280,"y":361,"width":186,"height":6}},{"id":"f5f6de7d-8c77-4589-b305-82979722e192","block_type":"box","text":"SSGA SPDR ETFs Europe I plc and SPDR ETFs","page_number":3,"box":{"x":281,"y":371,"width":191,"height":7}},{"id":"fe5f0165-2e84-4c97-8302-02c730abf9cf","block_type":"box","text":"Europe II plc issue (\"the Company\") issue SPDR","page_number":3,"box":{"x":281,"y":380,"width":197,"height":8}},{"id":"ce01af6d-05b8-486d-bedf-7cb473661c25","block_type":"box","text":"ETFs, and is an open-ended investment","page_number":3,"box":{"x":281,"y":390,"width":166,"height":7}},{"id":"c45bcf07-350b-4bbb-a6d2-8d44ab566604","block_type":"box","text":"company with variable capital having","page_number":3,"box":{"x":281,"y":399,"width":157,"height":8}},{"id":"605f7689-f917-4294-ba7f-68809ccbc90b","block_type":"box","text":"segregated liability between its sub-funds. The","page_number":3,"box":{"x":281,"y":409,"width":197,"height":8}},{"id":"07adfcb9-91da-4a02-a0e0-8bb2e024a8a0","block_type":"box","text":"Company is organised as an Undertaking for","page_number":3,"box":{"x":281,"y":418,"width":187,"height":8}},{"id":"c4b73fb0-bae7-4625-8036-02f9e2074e26","block_type":"box","text":"Collective Investment in Transferable Securities","page_number":3,"box":{"x":281,"y":428,"width":201,"height":6}},{"id":"5ba5237b-00a4-42aa-90b8-03a03137e63e","block_type":"box","text":"(UCITS) under the laws of Ireland and","page_number":3,"box":{"x":281,"y":437,"width":155,"height":7}},{"id":"5056a53d-8184-43d5-a300-619105808a8b","block_type":"box","text":"authorised as a UCITS by the Central Bank of","page_number":3,"box":{"x":281,"y":447,"width":189,"height":7}},{"id":"09ddc6ee-1302-4286-a011-dec9c8a327d3","block_type":"box","text":"Ireland.","page_number":3,"box":{"x":281,"y":456,"width":30,"height":6}},{"id":"77480442-b61c-46ae-9e4d-aef928e24792","block_type":"box","text":"Additional Important Information:","page_number":3,"box":{"x":280,"y":466,"width":160,"height":7}},{"id":"1926ad43-fd48-431b-9cbc-19f2559c0341","block_type":"box","text":"For the UK,","page_number":3,"box":{"x":281,"y":475,"width":51,"height":8}},{"id":"dd2edbe1-c9ae-4857-9e4f-c66e7505f82d","block_type":"box","text":"this document has been issued by","page_number":3,"box":{"x":335,"y":475,"width":145,"height":8}},{"id":"031ad9ee-13cf-485c-a6d9-4888e4f65cf8","block_type":"box","text":"State Street Global Advisors Limited (\"SSGA\").","page_number":3,"box":{"x":281,"y":485,"width":194,"height":7}},{"id":"8230ccda-6ea6-4ba6-8eef-906aae9af736","block_type":"box","text":"Authorised and regulated by the Financial","page_number":3,"box":{"x":280,"y":494,"width":177,"height":8}},{"id":"578286af-302f-4130-b617-d806e4c12699","block_type":"box","text":"Conduct Authority, registered No. 2509928.","page_number":3,"box":{"x":281,"y":504,"width":185,"height":8}},{"id":"5648e66c-1215-4506-8a5d-8bb81c5049f4","block_type":"box","text":"VAT No. 5776591 81. Registered office: 20","page_number":3,"box":{"x":280,"y":513,"width":174,"height":8}},{"id":"b9fd0331-ab90-45f9-af7c-540fdd587b64","block_type":"box","text":"Churchill Place, Canary Wharf, London, E14 5HJ","page_number":3,"box":{"x":281,"y":523,"width":199,"height":7}},{"id":"e9e2e892-6ccf-4b8a-a5c1-def567282eb3","block_type":"box","text":"Telephone: 020 3395 6000 Facsimile: 020","page_number":3,"box":{"x":280,"y":532,"width":183,"height":8}},{"id":"fe46e850-aa66-48d2-bd33-a7e990b82a0e","block_type":"box","text":"3395 6350 Web:","page_number":3,"box":{"x":281,"y":542,"width":71,"height":6}},{"id":"6549a4d9-7a15-4417-951f-eac882a68701","block_type":"box","text":"www.statestreet.com/im","page_number":3,"box":{"x":354,"y":542,"width":104,"height":7}},{"id":"12476ffe-cbe2-405d-88c8-e11315b2969d","block_type":"box","text":".","page_number":3,"box":{"x":459,"y":547,"width":1,"height":1}},{"id":"ca4cbee1-ab19-45c5-8e95-c11dfca04044","block_type":"box","text":"For the EU,","page_number":3,"box":{"x":281,"y":551,"width":50,"height":8}},{"id":"d7083dde-7ef1-4206-901e-96b5be82aac5","block_type":"box","text":"this document has been issued by","page_number":3,"box":{"x":333,"y":551,"width":145,"height":8}},{"id":"51c20d8e-2ee9-4f68-b1e7-693789270363","block_type":"box","text":"State Street Global Advisors Europe (''SSGA''),","page_number":3,"box":{"x":281,"y":561,"width":193,"height":7}},{"id":"d5b7d5ef-4b7c-4531-80da-f20ebdd7a85a","block_type":"box","text":"regulated by the Central Bank of Ireland.","page_number":3,"box":{"x":281,"y":570,"width":169,"height":8}},{"id":"2fb4cceb-3476-4983-aafa-6e9e17ef57ad","block_type":"box","text":"Registered office address 78 Sir","page_number":3,"box":{"x":281,"y":580,"width":133,"height":8}},{"id":"b1f8c0ac-080d-41d8-bcf4-073cbcb1af5b","block_type":"box","text":"JohnRogerson's Quay, Dublin 2. Registered","page_number":3,"box":{"x":280,"y":589,"width":181,"height":8}},{"id":"9303ac38-c9ed-4688-9d4e-039d57743d05","block_type":"box","text":"number 49934. T: +353 (0)1 776 3000. Fax:","page_number":3,"box":{"x":281,"y":599,"width":184,"height":7}},{"id":"b7c8934f-5c7f-4afa-9344-c668c8859abf","block_type":"box","text":"+353 (0)1 776 3300. Web:","page_number":3,"box":{"x":281,"y":608,"width":108,"height":7}},{"id":"ba729588-23c1-4deb-8bae-c48ae73d9a46","block_type":"box","text":"www.statestreet.","page_number":3,"box":{"x":391,"y":609,"width":72,"height":5}},{"id":"3e12cb6f-8079-41cd-8571-4a4254daf684","block_type":"box","text":"com/im","page_number":3,"box":{"x":281,"y":618,"width":31,"height":7}},{"id":"041b26de-b30f-4b96-8582-49bcd0ee6874","block_type":"box","text":".","page_number":3,"box":{"x":313,"y":623,"width":2,"height":1}},{"id":"1c52923c-ffc9-4c3d-9a86-2a352d23b0e7","block_type":"box","text":"SPDR ETFs Local Representative/Paying","page_number":3,"box":{"x":280,"y":627,"width":190,"height":8}},{"id":"5c1104f4-946a-4313-a733-1628200eee7b","block_type":"box","text":"Agents:","page_number":3,"box":{"x":280,"y":637,"width":36,"height":8}},{"id":"fe0b788d-7e4b-4252-ac86-536a8521a973","block_type":"box","text":"France:","page_number":3,"box":{"x":281,"y":646,"width":34,"height":6}},{"id":"bc9db095-93b8-4741-aa8a-48f235c331b0","block_type":"box","text":"State Street Bank International GmbH","page_number":3,"box":{"x":318,"y":646,"width":160,"height":6}},{"id":"dc09dac1-7ce5-4e2e-97cd-68287e5ff9e4","block_type":"box","text":"Paris Branch, Cœur Défense -Tour A, 100,","page_number":3,"box":{"x":281,"y":656,"width":172,"height":7}},{"id":"df18f258-0d95-4d1f-b357-f2bc59287540","block_type":"box","text":"Esplanade du Général de Gaulle, 92931 Paris La","page_number":3,"box":{"x":281,"y":665,"width":199,"height":8}},{"id":"232aa55f-f137-422b-9870-fb9562df030d","block_type":"box","text":"Defense Cedex;","page_number":3,"box":{"x":281,"y":675,"width":65,"height":7}},{"id":"f31cba6c-49c3-414c-8da3-eb196e1f3ee2","block_type":"box","text":"Switzerland:","page_number":3,"box":{"x":348,"y":675,"width":58,"height":6}},{"id":"4cb7464b-b8f5-4ecb-a3a8-ae6001f6a2b3","block_type":"box","text":"State Street Bank","page_number":3,"box":{"x":409,"y":675,"width":75,"height":6}},{"id":"fac83cde-ac92-4c18-aa96-cad9101f2882","block_type":"box","text":"GmbH Munich, Zurich Branch,","page_number":3,"box":{"x":281,"y":684,"width":126,"height":7}},{"id":"14be7ee8-0be8-49eb-b32c-7b6f5c2b5bec","block_type":"box","text":"Beethovenstrasse 19, 8027 Zurich and the main","page_number":3,"box":{"x":281,"y":694,"width":200,"height":7}},{"id":"eaf083f1-08be-4a85-bfb0-531dc2fa9fb9","block_type":"box","text":"distributor in Switzerland, State Street Global","page_number":3,"box":{"x":281,"y":703,"width":190,"height":7}},{"id":"34357d5c-a37f-4448-8127-c946900c8133","block_type":"box","text":"Advisors AG, Beethovenstrasse 19, 8027 Zurich;","page_number":3,"box":{"x":280,"y":713,"width":202,"height":7}},{"id":"924fc9df-9b31-4a14-b03e-66561a598264","block_type":"box","text":"Germany:","page_number":3,"box":{"x":281,"y":722,"width":45,"height":8}},{"id":"fa0b9bef-95b0-4239-8a42-d4e759f6aa75","block_type":"box","text":"State Street Global Advisors Europe","page_number":3,"box":{"x":329,"y":722,"width":151,"height":8}},{"id":"bd2511a2-996c-4083-8c21-dce298567d45","block_type":"box","text":"Limited, Brienner Strasse 59, D-80333 Munich;","page_number":3,"box":{"x":281,"y":732,"width":199,"height":7}},{"id":"b046c1bd-1bc9-4055-abb0-71fb9df9e736","block_type":"box","text":"Spain:","page_number":3,"box":{"x":280,"y":741,"width":30,"height":8}},{"id":"abcbda7a-45d2-4e76-b35a-bc2e6491c18d","block_type":"box","text":"Cecabank, S.A. Alcalá 27, 28014 Madrid","page_number":3,"box":{"x":312,"y":741,"width":166,"height":7}},{"id":"8b31f78d-b8e6-4e7b-98d0-e25bf72b989f","block_type":"box","text":"(Spain);","page_number":3,"box":{"x":281,"y":751,"width":31,"height":8}},{"id":"00df9720-63e4-4f98-9073-1a8cf0105206","block_type":"box","text":"Denmark:","page_number":3,"box":{"x":315,"y":751,"width":45,"height":6}},{"id":"ee1d8a1f-0600-419b-a6f5-5dfe556cbec3","block_type":"box","text":"Nordea Bank Denmark A/S,","page_number":3,"box":{"x":363,"y":751,"width":115,"height":7}},{"id":"65c048bf-178b-45cd-9e69-8a5cc9f5cb21","block_type":"box","text":"Issuer Services, Securities Services Hermes","page_number":3,"box":{"x":281,"y":760,"width":184,"height":7}},{"id":"4d700c64-4ebe-4b4b-ae34-22bc6141f1bf","block_type":"box","text":"Hus, Helgeshøj Allé 33 Postbox 850 DK-0900","page_number":3,"box":{"x":281,"y":770,"width":193,"height":8}},{"id":"6f1d94c2-2f4d-4219-b908-6c3d3f6edef4","block_type":"box","text":"Copenhagen C;","page_number":3,"box":{"x":281,"y":779,"width":63,"height":8}},{"id":"68522208-6958-4f77-b5e0-3e19992dc985","block_type":"box","text":"Austria:","page_number":3,"box":{"x":347,"y":779,"width":37,"height":7}},{"id":"2df81ace-db27-4890-add8-934e43fd0f5f","block_type":"box","text":"Erste Bank, Graben 21,","page_number":3,"box":{"x":387,"y":779,"width":93,"height":7}},{"id":"821e3bc1-2a1e-42ff-a42f-7565b1206f15","block_type":"box","text":"1010 Wien, Österreich;","page_number":3,"box":{"x":280,"y":788,"width":92,"height":8}},{"id":"33f8b286-09bd-4b3b-b261-bb7dd8a18e91","block_type":"box","text":"Sweden:","page_number":3,"box":{"x":375,"y":789,"width":40,"height":6}},{"id":"bfb387d4-3e67-4f89-bdcd-1f8e6ce8b906","block_type":"box","text":"SKANDINAVISKA ENSKILDA BANKEN AB, Global","page_number":3,"box":{"x":281,"y":798,"width":202,"height":7}},{"id":"e76f4b5b-3027-4ce1-b973-8a24ae89f549","block_type":"box","text":"Transaction Services ST MH1, SE-106 40","page_number":3,"box":{"x":280,"y":808,"width":170,"height":7}},{"id":"cd120239-6ca7-4b50-a193-46a97592571b","block_type":"box","text":"Stockholm, Sweden.","page_number":3,"box":{"x":281,"y":817,"width":85,"height":7}},{"id":"8da9603c-c8ca-4715-8e36-74e3618eae69","block_type":"box","text":"The financial products referred to herein are not","page_number":3,"box":{"x":280,"y":827,"width":203,"height":8}},{"id":"6a90215a-e9a2-45dd-8937-072b3c43a1a1","block_type":"box","text":"sponsored, endorsed, or promoted by MSCI and","page_number":3,"box":{"x":281,"y":836,"width":200,"height":8}},{"id":"8402d4ef-71d2-48a6-9aa7-81381011d94a","block_type":"box","text":"MSCI bears no liability with respect to any such","page_number":3,"box":{"x":281,"y":846,"width":198,"height":8}},{"id":"be9a93a0-22d8-46f0-8e0d-e7e4e51f3f34","block_type":"box","text":"financial products or any index on which such","page_number":3,"box":{"x":280,"y":855,"width":193,"height":8}},{"id":"37e2eca3-1c95-4ca6-ae94-ae4a190dbc7d","block_type":"box","text":"financial products are based. The Prospectus","page_number":3,"box":{"x":280,"y":865,"width":191,"height":8}},{"id":"31a316d6-e629-4224-8a79-4a545372d864","block_type":"box","text":"contains a more detailed description of the","page_number":3,"box":{"x":281,"y":874,"width":180,"height":8}},{"id":"b72a0265-0faa-4f50-b82a-fc0fe5a2da68","block_type":"box","text":"limited relationship MSCI has with SSGA and","page_number":3,"box":{"x":281,"y":884,"width":187,"height":8}},{"id":"4337aaea-124f-4cdc-a0b4-faad6b3442be","block_type":"box","text":"any related financial products.","page_number":3,"box":{"x":281,"y":893,"width":127,"height":8}},{"id":"a494a903-a9dd-4e84-8abf-9363d739f9ab","block_type":"box","text":"The S&P 500","page_number":3,"box":{"x":280,"y":903,"width":58,"height":6}},{"id":"5e8f0b80-cbd6-4719-bec4-f823aff3c2ef","block_type":"box","text":"®","page_number":3,"box":{"x":338,"y":902,"width":2,"height":2}},{"id":"163ed061-4fee-4dcb-87f2-663647ae25b3","block_type":"box","text":"Index is a product of S&P Dow","page_number":3,"box":{"x":343,"y":903,"width":127,"height":8}},{"id":"3556c6d7-f027-4f5d-9d60-fa56966efe58","block_type":"box","text":"Jones Indices LLC or its affiliates (“S&P DJI”)","page_number":3,"box":{"x":280,"y":912,"width":188,"height":7}},{"id":"cd86ec93-78fa-4548-abfb-3f5c2b05cd29","block_type":"box","text":"and have been licensed for use by State Street","page_number":3,"box":{"x":515,"y":247,"width":196,"height":8}},{"id":"d5dfe1c7-04db-4a7b-8f85-bcd4321479b8","block_type":"box","text":"Global Advisors. S&P","page_number":3,"box":{"x":515,"y":257,"width":91,"height":6}},{"id":"6d658dcb-1856-44a5-8868-6450c2befb9a","block_type":"box","text":"®","page_number":3,"box":{"x":606,"y":256,"width":3,"height":2}},{"id":"0a7d5b83-964a-4741-8da0-073138fc0a2c","block_type":"box","text":", SPDR","page_number":3,"box":{"x":609,"y":257,"width":27,"height":7}},{"id":"c454d6a5-a016-4562-8b7f-083885f23176","block_type":"box","text":"®","page_number":3,"box":{"x":637,"y":256,"width":2,"height":2}},{"id":"77f5a59c-6d48-48f8-ac63-a86b395014aa","block_type":"box","text":", S&P 500","page_number":3,"box":{"x":640,"y":257,"width":42,"height":7}},{"id":"cb57247c-afb0-490f-8299-2d3212f30033","block_type":"box","text":"®","page_number":3,"box":{"x":683,"y":256,"width":2,"height":2}},{"id":"a8257c53-df50-40f0-92b3-c5bd45052621","block_type":"box","text":",US","page_number":3,"box":{"x":686,"y":257,"width":13,"height":7}},{"id":"f36bbd16-cac1-403e-95fb-33ef0330da0e","block_type":"box","text":"500 and the 500 are trademarks of Standard &","page_number":3,"box":{"x":515,"y":266,"width":201,"height":6}},{"id":"c5db3687-f30e-4ebe-9e4f-bfaea0dd3207","block_type":"box","text":"Poor’s Financial Services LLC (“S&P”); Dow","page_number":3,"box":{"x":515,"y":276,"width":179,"height":7}},{"id":"c4210d0b-a6cc-442c-95ce-f635ec7dc324","block_type":"box","text":"Jones","page_number":3,"box":{"x":515,"y":285,"width":25,"height":6}},{"id":"88ac7d01-050b-4a6e-8741-7661b6d90cb6","block_type":"box","text":"®","page_number":3,"box":{"x":540,"y":285,"width":3,"height":1}},{"id":"d9a97a3d-8fff-4332-8c09-296a4fa1ab0b","block_type":"box","text":"is a registered trademark of Dow Jones","page_number":3,"box":{"x":546,"y":285,"width":164,"height":8}},{"id":"8434069a-226f-4e22-a121-ec2ef38584ca","block_type":"box","text":"Trademark Holdings LLC (“Dow Jones”) and has","page_number":3,"box":{"x":515,"y":295,"width":201,"height":7}},{"id":"51f1611f-5d7a-4b2a-a75f-845428921f02","block_type":"box","text":"been licensed for use by S&P Dow Jones","page_number":3,"box":{"x":515,"y":304,"width":171,"height":8}},{"id":"f016feac-b16c-4e98-aba7-f874cbaecb13","block_type":"box","text":"Indices; and these trademarks have been","page_number":3,"box":{"x":515,"y":314,"width":173,"height":7}},{"id":"3b33fff7-629e-4fd5-8114-cd6892a128b2","block_type":"box","text":"licensed for use by S&P DJI and sublicensed for","page_number":3,"box":{"x":515,"y":323,"width":201,"height":8}},{"id":"7b113bdb-cd44-495f-ba08-49ee6d076850","block_type":"box","text":"certain purposes by State Street Global","page_number":3,"box":{"x":515,"y":333,"width":166,"height":7}},{"id":"abab016b-8dac-484c-bef0-cfca069cba31","block_type":"box","text":"Advisors. The fund is not sponsored, endorsed,","page_number":3,"box":{"x":515,"y":342,"width":198,"height":8}},{"id":"1c78e9cb-c3d7-4b83-bb9f-881684fbfef1","block_type":"box","text":"sold or promoted by S&P DJI, Dow Jones, S&P,","page_number":3,"box":{"x":515,"y":352,"width":196,"height":7}},{"id":"a554f312-c84d-4765-b8f7-df9b837f3e36","block_type":"box","text":"their respective affiliates, and none of such","page_number":3,"box":{"x":515,"y":361,"width":181,"height":8}},{"id":"bd363638-0bc2-4ced-a450-75ff65317a4c","block_type":"box","text":"parties make any representation regarding the","page_number":3,"box":{"x":515,"y":371,"width":196,"height":7}},{"id":"dc146704-a53e-46c9-9e43-406c5f8a41d5","block_type":"box","text":"advisability of investing in such product(s) nor","page_number":3,"box":{"x":515,"y":380,"width":195,"height":8}},{"id":"378c3583-f0a9-4b04-9bf5-17e6aeb93d2b","block_type":"box","text":"do they have any liability for any errors,","page_number":3,"box":{"x":515,"y":390,"width":165,"height":7}},{"id":"e63fcb01-133c-46e8-9545-d4cf9e05dee3","block_type":"box","text":"omissions, or interruptions of these indices.","page_number":3,"box":{"x":515,"y":399,"width":184,"height":8}},{"id":"648f77da-f635-45d5-979d-79ab8b0fdd24","block_type":"box","text":"The trademarks and service marks referenced","page_number":3,"box":{"x":515,"y":409,"width":195,"height":6}},{"id":"62058c90-40ce-427f-83ab-24ddca086310","block_type":"box","text":"herein are the property of their respective","page_number":3,"box":{"x":515,"y":418,"width":176,"height":8}},{"id":"25ed208c-c7d4-456c-9def-c313defc46b4","block_type":"box","text":"owners. Third party data providers make no","page_number":3,"box":{"x":515,"y":428,"width":184,"height":7}},{"id":"ed56ff47-b5fa-499d-9a93-393c2dbb8c1e","block_type":"box","text":"warranties or representations of any kind","page_number":3,"box":{"x":515,"y":437,"width":173,"height":8}},{"id":"55779d9d-6a9a-4c9d-a664-ed3ae6451087","block_type":"box","text":"relating to the accuracy, completeness or","page_number":3,"box":{"x":515,"y":447,"width":174,"height":8}},{"id":"c5d3510e-ba51-4424-b731-3e17887fd19d","block_type":"box","text":"timeliness of the data and have no liability for","page_number":3,"box":{"x":515,"y":456,"width":191,"height":8}},{"id":"5370db83-696e-4ce6-9dba-1e5e8923ceac","block_type":"box","text":"damages of any kind relating to the use of such","page_number":3,"box":{"x":515,"y":466,"width":198,"height":8}},{"id":"5e0f1d36-4a49-459d-bfd4-d3f5f929c687","block_type":"box","text":"data.","page_number":3,"box":{"x":515,"y":475,"width":21,"height":6}},{"id":"83b797b7-4796-412c-85a7-61a0e61b2213","block_type":"box","text":"©","page_number":3,"box":{"x":515,"y":484,"width":4,"height":4}},{"id":"9f0dfbc2-cbcd-4600-8fdc-0ce3768d401b","block_type":"box","text":"[2026] Morningstar, Inc. All rights reserved.","page_number":3,"box":{"x":522,"y":485,"width":181,"height":8}},{"id":"681120c9-4d2f-42b6-a444-27b682b2b16a","block_type":"box","text":"The information contained herein: (1) is","page_number":3,"box":{"x":515,"y":494,"width":163,"height":7}},{"id":"4478c597-7f38-4218-9258-20d6551d6ac3","block_type":"box","text":"proprietary to Morningstar and/or its content","page_number":3,"box":{"x":515,"y":504,"width":189,"height":8}},{"id":"7a2eb9ea-e1b0-4425-9d32-0afb999f433d","block_type":"box","text":"providers; (2) may not be copied or distributed;","page_number":3,"box":{"x":515,"y":513,"width":197,"height":8}},{"id":"5c5200e3-5043-4972-9dd3-d02e53dbe947","block_type":"box","text":"and (3) is not warranted to be accurate,","page_number":3,"box":{"x":515,"y":523,"width":165,"height":7}},{"id":"b59b316d-cdda-4155-b766-80462d66d485","block_type":"box","text":"complete, or timely. Neither Morningstar nor its","page_number":3,"box":{"x":515,"y":532,"width":198,"height":8}},{"id":"3ee1f200-4588-47ed-9262-54c627e71809","block_type":"box","text":"content providers are responsible for any","page_number":3,"box":{"x":515,"y":542,"width":174,"height":7}},{"id":"cfd1367c-f0d4-4f0a-9a38-0c5729496043","block_type":"box","text":"damages or losses arising from any use of this","page_number":3,"box":{"x":515,"y":551,"width":194,"height":8}},{"id":"3bca6854-f430-4339-a1fe-4f001df2d48b","block_type":"box","text":"information. Past performance is no guarantee","page_number":3,"box":{"x":515,"y":561,"width":196,"height":8}},{"id":"a3b15dac-237a-4ab9-94f3-1a9df9d102b1","block_type":"box","text":"of future results.","page_number":3,"box":{"x":515,"y":570,"width":69,"height":6}},{"id":"b3deb899-e625-4f83-847c-8ea6c430935c","block_type":"box","text":"The Morningstar Rating for funds, or \"star","page_number":3,"box":{"x":515,"y":580,"width":175,"height":8}},{"id":"2f2a5669-ece3-4775-9995-11d5bda40d4f","block_type":"box","text":"rating\", is calculated for managed products","page_number":3,"box":{"x":515,"y":589,"width":181,"height":8}},{"id":"9169e5a2-6eaa-482d-b1d3-3102bf584cd7","block_type":"box","text":"(including mutual funds, variable annuity and","page_number":3,"box":{"x":515,"y":599,"width":191,"height":8}},{"id":"3fe722e5-55ac-42e6-b554-9706617e49db","block_type":"box","text":"variable life subaccounts, exchange traded","page_number":3,"box":{"x":515,"y":608,"width":180,"height":8}},{"id":"040dd2d3-2d6c-4709-a0e8-9bece8179553","block_type":"box","text":"funds, closed-end funds, and separate","page_number":3,"box":{"x":515,"y":618,"width":162,"height":7}},{"id":"9108f397-e06b-4a40-aadb-0b3c67f306d8","block_type":"box","text":"accounts) with at least a three-year history.","page_number":3,"box":{"x":515,"y":627,"width":182,"height":8}},{"id":"5f35e9c4-250b-434e-99f1-5f8db65d7e17","block_type":"box","text":"Exchange- traded funds and open-ended","page_number":3,"box":{"x":515,"y":637,"width":173,"height":8}},{"id":"a7babbd1-926c-4dc7-a83e-989abb29a35a","block_type":"box","text":"mutual funds are considered a single population","page_number":3,"box":{"x":515,"y":646,"width":203,"height":8}},{"id":"76c376da-16f0-4ef9-8683-36c95331559a","block_type":"box","text":"for comparative purposes. It is calculated based","page_number":3,"box":{"x":515,"y":656,"width":202,"height":7}},{"id":"a03855bf-71cc-493c-b2e9-7cd32aef07ac","block_type":"box","text":"on a Morningstar Risk-Adjusted Return measure","page_number":3,"box":{"x":515,"y":665,"width":203,"height":8}},{"id":"be4b5a5e-5d03-4fc7-a86d-1536c34142d3","block_type":"box","text":"that accounts for variation in a managed","page_number":3,"box":{"x":515,"y":675,"width":170,"height":8}},{"id":"665b221e-a6d3-4c38-beb4-716109858311","block_type":"box","text":"product's monthly excess performance, placing","page_number":3,"box":{"x":515,"y":684,"width":201,"height":8}},{"id":"c605b590-936f-40c5-921f-669d8798ae9a","block_type":"box","text":"more emphasis on downward variations and","page_number":3,"box":{"x":515,"y":694,"width":186,"height":7}},{"id":"e691ad16-b3d2-4d62-bcd8-41c2861f6745","block_type":"box","text":"rewarding consistent performance. The","page_number":3,"box":{"x":515,"y":703,"width":166,"height":8}},{"id":"c7423d7e-7348-4ebb-9a39-bd15367ea9e2","block_type":"box","text":"Morningstar Rating does not include any","page_number":3,"box":{"x":515,"y":713,"width":171,"height":8}},{"id":"9e481796-40e5-4684-8483-33e88c63746d","block_type":"box","text":"adjustment for sales loads. The top 10% of","page_number":3,"box":{"x":515,"y":722,"width":177,"height":8}},{"id":"75e8a52c-604b-429a-a8fe-6b770b9a42d2","block_type":"box","text":"products in each product category receive 5","page_number":3,"box":{"x":515,"y":732,"width":186,"height":8}},{"id":"8b4d522d-d72e-41b5-8c78-b47f6aaad2bf","block_type":"box","text":"stars, the next 22.5% receive 4 stars, the next","page_number":3,"box":{"x":515,"y":741,"width":191,"height":7}},{"id":"967f17cb-8b56-437f-88a8-ff286aaf6421","block_type":"box","text":"35% receive 3 stars, the next 22.5% receive 2","page_number":3,"box":{"x":515,"y":751,"width":188,"height":7}},{"id":"08f86b10-9431-4f33-9885-0703e5fa723f","block_type":"box","text":"stars, and the bottom 10% receive 1 star. The","page_number":3,"box":{"x":515,"y":760,"width":185,"height":7}},{"id":"a730c70b-9386-46cd-820e-fa5b891a4617","block_type":"box","text":"Overall Morningstar Rating for a managed","page_number":3,"box":{"x":515,"y":770,"width":175,"height":8}},{"id":"c0f3ed63-0843-49b6-a13f-0bb8a584cdcd","block_type":"box","text":"product is derived from a weighted average of","page_number":3,"box":{"x":515,"y":779,"width":193,"height":8}},{"id":"d7e6da1a-1273-43e1-ad38-54bdd1b97a2f","block_type":"box","text":"the performance figures associated with its","page_number":3,"box":{"x":515,"y":789,"width":183,"height":8}},{"id":"a3e850c3-8417-4a5c-9254-dea1983cc236","block_type":"box","text":"three-, five-, and 10-year (if applicable)","page_number":3,"box":{"x":515,"y":798,"width":161,"height":8}},{"id":"bd08e23f-e681-4988-93db-ee4a34d22ada","block_type":"box","text":"Morningstar Rating metrics. The weights are:","page_number":3,"box":{"x":515,"y":808,"width":189,"height":8}},{"id":"c76194fb-8016-4aee-ab7c-2b8b3c3cf130","block_type":"box","text":"100% three-year rating for 36-59 months of","page_number":3,"box":{"x":515,"y":817,"width":184,"height":8}},{"id":"77f57d8e-05d9-40e1-ab54-d5cad8425ef9","block_type":"box","text":"total returns, 60% five-year rating/ 40%","page_number":3,"box":{"x":515,"y":827,"width":166,"height":8}},{"id":"1ebd9c09-cc65-49a4-b53f-f1ff887ac65f","block_type":"box","text":"three-year rating for 60-119 months of total","page_number":3,"box":{"x":515,"y":836,"width":181,"height":8}},{"id":"61df5c4c-b395-498a-9540-e7e04aebb449","block_type":"box","text":"returns, and 50% 10- year rating/30% five-year","page_number":3,"box":{"x":515,"y":846,"width":196,"height":8}},{"id":"291b70ce-07fc-4569-a30a-168b5da9a8b0","block_type":"box","text":"rating/20% three-year rating for 120 or more","page_number":3,"box":{"x":515,"y":855,"width":186,"height":8}},{"id":"6e0b6e97-cb1c-43fb-b17f-8c25caa2f612","block_type":"box","text":"months of total returns. While the 10-year","page_number":3,"box":{"x":515,"y":865,"width":175,"height":8}},{"id":"35be68ff-1435-467c-b858-47f94f4b41a2","block_type":"box","text":"overall star rating formula seems to give the","page_number":3,"box":{"x":515,"y":874,"width":185,"height":8}},{"id":"555c982d-f061-4ad2-b1cb-520f67ba7182","block_type":"box","text":"most weight to the 10- year period, the most","page_number":3,"box":{"x":515,"y":884,"width":186,"height":8}},{"id":"3a88ad3c-2ff9-4b90-9bac-fab3fd3ccc20","block_type":"box","text":"recent three-year period actually has the","page_number":3,"box":{"x":515,"y":893,"width":172,"height":8}},{"id":"7ad929b3-76fe-44d5-ab69-b66c189e2533","block_type":"box","text":"greatest impact because it is included in all","page_number":3,"box":{"x":515,"y":903,"width":181,"height":8}},{"id":"f760aafd-d82b-43a6-a94f-c24427f74ea6","block_type":"box","text":"three rating periods.","page_number":3,"box":{"x":515,"y":912,"width":85,"height":8}},{"id":"c45a4f0b-efae-467e-afbd-35a17de94002","block_type":"box","text":"The Morningstar Medalist RatingTM is the","page_number":3,"box":{"x":749,"y":247,"width":177,"height":8}},{"id":"b74e35e5-f06b-47b8-b42f-0fe0d74db3b0","block_type":"box","text":"summary expression of Morningstar’s forward","page_number":3,"box":{"x":749,"y":257,"width":198,"height":7}},{"id":"9a23e126-298e-4608-8053-1cb08004f69b","block_type":"box","text":"looking analysis of investment strategies as","page_number":3,"box":{"x":750,"y":266,"width":183,"height":8}},{"id":"a8beace3-e367-43bc-af41-504d1d42cb9a","block_type":"box","text":"offered via specific vehicles using a rating scale","page_number":3,"box":{"x":749,"y":276,"width":200,"height":7}},{"id":"0a5d171b-9a85-47ad-9ad3-38f76567995e","block_type":"box","text":"of Gold, Silver, Bronze, Neutral, and Negative.","page_number":3,"box":{"x":749,"y":285,"width":188,"height":8}},{"id":"866750b4-2a06-41c4-aa59-206362cd9eb3","block_type":"box","text":"The Medalist Ratings indicate which","page_number":3,"box":{"x":749,"y":295,"width":152,"height":7}},{"id":"521602e7-984a-4b6b-b36e-cf6a5e1af603","block_type":"box","text":"investments Morningstar believes are likely to","page_number":3,"box":{"x":750,"y":304,"width":193,"height":8}},{"id":"ef9c61b2-5c19-4709-b0a5-2608f6265ba0","block_type":"box","text":"outperform a relevant index or peer group","page_number":3,"box":{"x":749,"y":314,"width":177,"height":7}},{"id":"cb0e22b4-c29c-4bf2-ae62-38c84ac9fc90","block_type":"box","text":"average on a risk-adjusted basis over time.","page_number":3,"box":{"x":749,"y":323,"width":179,"height":8}},{"id":"7eb296c6-5121-4a95-904f-a8ecf3525ed5","block_type":"box","text":"Investment products are evaluated on three key","page_number":3,"box":{"x":750,"y":333,"width":202,"height":7}},{"id":"58f06e99-e7e4-4d14-9978-c009690c2113","block_type":"box","text":"pillars (People, Parent, and Process) which,","page_number":3,"box":{"x":750,"y":342,"width":179,"height":8}},{"id":"463f7615-9b97-4bf7-8ab0-1829a24d24aa","block_type":"box","text":"when coupled with a fee assessment, forms the","page_number":3,"box":{"x":749,"y":352,"width":201,"height":7}},{"id":"7f5b9a33-523f-4c91-98de-712ff945bdf1","block_type":"box","text":"basis for Morningstar’s conviction in those","page_number":3,"box":{"x":750,"y":361,"width":177,"height":8}},{"id":"22e4fe36-9b4b-4baf-96c3-cafa63799fb5","block_type":"box","text":"products’ investment merits and determines","page_number":3,"box":{"x":750,"y":371,"width":188,"height":7}},{"id":"26ce0f59-bfa0-4c43-b65e-ba9703bee41f","block_type":"box","text":"the Medalist Rating they’re assigned. Pillar","page_number":3,"box":{"x":749,"y":380,"width":178,"height":8}},{"id":"5d2f427b-95c4-460d-b187-e673ca1bc5bd","block_type":"box","text":"ratings take the form of Low, Below Average,","page_number":3,"box":{"x":750,"y":390,"width":185,"height":7}},{"id":"68ed4bb0-9ffc-4a88-9cce-0072db1036d8","block_type":"box","text":"Average, Above Average, and High. Pillars may","page_number":3,"box":{"x":749,"y":399,"width":195,"height":8}},{"id":"5e2c86dd-c344-41ed-96b0-218197702d01","block_type":"box","text":"be evaluated via an analyst’s qualitative","page_number":3,"box":{"x":750,"y":409,"width":167,"height":7}},{"id":"c7b296e7-da30-4879-9b7a-9373a0b7bd96","block_type":"box","text":"assessment (either directly to a vehicle the","page_number":3,"box":{"x":749,"y":418,"width":181,"height":8}},{"id":"70305469-556b-4f50-856a-83fed8d91523","block_type":"box","text":"analyst covers or indirectly when the pillar","page_number":3,"box":{"x":749,"y":428,"width":179,"height":7}},{"id":"571754ae-866b-4c9c-b18d-5523ee2f86f4","block_type":"box","text":"ratings of a covered vehicle are mapped to a","page_number":3,"box":{"x":750,"y":437,"width":185,"height":8}},{"id":"98a1d723-fd1e-4388-a71d-e94f4277af42","block_type":"box","text":"related uncovered vehicle) or using algorithmic","page_number":3,"box":{"x":750,"y":447,"width":197,"height":8}},{"id":"33895c79-fa70-4c60-89fe-6ad1d572a7bb","block_type":"box","text":"techniques. Vehicles are sorted by their","page_number":3,"box":{"x":749,"y":456,"width":167,"height":8}},{"id":"beb850f4-3b77-43ee-a3e6-1abd47d0eb4a","block_type":"box","text":"expected performance into rating groups","page_number":3,"box":{"x":749,"y":466,"width":173,"height":8}},{"id":"6b78b1a5-f9f8-4c1e-a943-5f5eb3da71e7","block_type":"box","text":"defined by their Morningstar Category and their","page_number":3,"box":{"x":749,"y":475,"width":202,"height":8}},{"id":"f60f3ffe-8709-403f-9cc9-0a03e61c497c","block_type":"box","text":"active or passive status. When analysts directly","page_number":3,"box":{"x":749,"y":485,"width":200,"height":7}},{"id":"4b87d33e-d79b-49fb-ab16-d602d4aafa7b","block_type":"box","text":"cover a vehicle, they assign the three pillar","page_number":3,"box":{"x":749,"y":494,"width":179,"height":8}},{"id":"c0d3ce27-8475-4d32-9be2-139a86adc7ad","block_type":"box","text":"ratings based on their qualitative assessment,","page_number":3,"box":{"x":750,"y":504,"width":194,"height":8}},{"id":"40291138-940e-4ff4-9a5a-75b2a3c47095","block_type":"box","text":"subject to the oversight of the Analyst Rating","page_number":3,"box":{"x":749,"y":513,"width":191,"height":8}},{"id":"c87e5864-d1d1-47ee-8ff8-7ff7a097eee4","block_type":"box","text":"Committee, and monitor and reevaluate them at","page_number":3,"box":{"x":749,"y":523,"width":204,"height":7}},{"id":"be416e59-b270-4119-a003-097f850e7ecb","block_type":"box","text":"least every 14 months. When the vehicles are","page_number":3,"box":{"x":750,"y":532,"width":188,"height":8}},{"id":"3d043a66-2f14-43d9-a0ff-8bb79afbec47","block_type":"box","text":"covered either indirectly by analysts or by","page_number":3,"box":{"x":749,"y":542,"width":177,"height":7}},{"id":"59025f02-a250-4ed8-a87c-aa2d8beaa9aa","block_type":"box","text":"algorithm, the ratings are assigned monthly. For","page_number":3,"box":{"x":749,"y":551,"width":201,"height":8}},{"id":"57a17e6e-a4a4-4fa2-9829-e3a4561b9bef","block_type":"box","text":"more detailed information about these ratings,","page_number":3,"box":{"x":750,"y":561,"width":195,"height":8}},{"id":"dd1fe0f9-c6d7-4c1e-9240-9a5998b9e3a3","block_type":"box","text":"including their methodology, please go to","page_number":3,"box":{"x":750,"y":570,"width":172,"height":8}},{"id":"b7437226-6793-4a35-a603-6a64a75bc533","block_type":"box","text":"global.","page_number":3,"box":{"x":924,"y":570,"width":28,"height":8}},{"id":"806d8721-c0d4-435f-b2b7-ea234d6626c1","block_type":"box","text":"morningstar.com/managerdisclosures/.","page_number":3,"box":{"x":750,"y":580,"width":165,"height":8}},{"id":"8ba97d0c-c7e6-4811-818d-35b884dfb50b","block_type":"box","text":"The Morningstar Medalist Ratings are not","page_number":3,"box":{"x":749,"y":589,"width":175,"height":8}},{"id":"75addd2c-cdae-4dd8-953f-845a0e79d499","block_type":"box","text":"statements of fact, nor are they credit or risk","page_number":3,"box":{"x":749,"y":599,"width":188,"height":7}},{"id":"43d18447-06e9-46aa-a66e-ca1ed19656b7","block_type":"box","text":"ratings. The Morningstar Medalist Rating (i)","page_number":3,"box":{"x":750,"y":608,"width":181,"height":8}},{"id":"e7ecf097-1296-4ff1-a8c6-f17823c2ae5b","block_type":"box","text":"should not be used as the sole basis in","page_number":3,"box":{"x":749,"y":618,"width":162,"height":6}},{"id":"0578acef-2e5a-4e3f-91ba-9ed6bb50f9d0","block_type":"box","text":"evaluating an investment product, (ii) involves","page_number":3,"box":{"x":749,"y":627,"width":194,"height":8}},{"id":"d0954479-873b-4faa-87d8-81fdbe42e05e","block_type":"box","text":"unknown risks and uncertainties which may","page_number":3,"box":{"x":750,"y":637,"width":185,"height":7}},{"id":"b13c259f-8b1d-43d5-8034-bddc25e0a72b","block_type":"box","text":"cause expectations not to occur or to differ","page_number":3,"box":{"x":749,"y":646,"width":182,"height":8}},{"id":"52b29c70-5354-434a-8e56-34adee25c347","block_type":"box","text":"significantly from what was expected, (iii) are","page_number":3,"box":{"x":749,"y":656,"width":190,"height":8}},{"id":"72b73594-e95e-45a8-863a-22890be46e3d","block_type":"box","text":"not guaranteed to be based on complete or","page_number":3,"box":{"x":750,"y":665,"width":182,"height":8}},{"id":"6cd7b10c-264d-4e28-975d-9b9a6faac5c0","block_type":"box","text":"accurate assumptions or models when","page_number":3,"box":{"x":749,"y":675,"width":164,"height":7}},{"id":"aa36df8c-2f0b-475f-b3f5-249359de009b","block_type":"box","text":"determined algorithmically, (iv) involve the risk","page_number":3,"box":{"x":749,"y":684,"width":197,"height":8}},{"id":"d8b60bdf-c7b9-4e3f-9a8f-0975f8559951","block_type":"box","text":"that the return target will not be met due to","page_number":3,"box":{"x":749,"y":694,"width":182,"height":8}},{"id":"eacf6077-6ac8-492d-a785-19a65c893057","block_type":"box","text":"such things as unforeseen changes in","page_number":3,"box":{"x":749,"y":703,"width":158,"height":8}},{"id":"3c6c4f15-69e1-48a5-81f0-01a8fdf4555a","block_type":"box","text":"management, technology, economic","page_number":3,"box":{"x":750,"y":713,"width":152,"height":8}},{"id":"f6e17ba3-ebd5-45b8-b54c-18026a57e16b","block_type":"box","text":"development, interest rate development,","page_number":3,"box":{"x":749,"y":722,"width":172,"height":8}},{"id":"5ae7afae-649b-474a-b2f4-fe0485b25ac8","block_type":"box","text":"operating and/or material costs, competitive","page_number":3,"box":{"x":749,"y":732,"width":187,"height":8}},{"id":"114f1547-22ea-44d5-8c66-48eb2aca5106","block_type":"box","text":"pressure, supervisory law, exchange rate, tax","page_number":3,"box":{"x":750,"y":741,"width":188,"height":8}},{"id":"353933e9-972d-4b03-8565-9f32896f9acb","block_type":"box","text":"rates, exchange rate changes, and/or changes in","page_number":3,"box":{"x":750,"y":751,"width":202,"height":8}},{"id":"38d70a4d-4a01-4033-890b-cdc2660462b0","block_type":"box","text":"political and social conditions, and (v) should","page_number":3,"box":{"x":750,"y":760,"width":187,"height":8}},{"id":"41db5e00-17b9-4612-94ff-913b010e16dc","block_type":"box","text":"not be considered an offer or solicitation to buy","page_number":3,"box":{"x":750,"y":770,"width":198,"height":8}},{"id":"2193a88b-b54b-430f-80d4-492d1a92d6c7","block_type":"box","text":"or sell the investment product. A change in the","page_number":3,"box":{"x":749,"y":779,"width":197,"height":8}},{"id":"6a8304bc-d87d-477d-918d-638558f65079","block_type":"box","text":"fundamental factors underlying the Morningstar","page_number":3,"box":{"x":749,"y":789,"width":204,"height":8}},{"id":"4bffbf16-ed09-4690-a87d-1acb23b3c222","block_type":"box","text":"Medalist Rating can mean that the rating is","page_number":3,"box":{"x":750,"y":798,"width":180,"height":8}},{"id":"202050f5-b44e-4a32-a0a0-8e21650b1e99","block_type":"box","text":"subsequently no longer accurate.","page_number":3,"box":{"x":749,"y":808,"width":141,"height":8}},{"id":"ba3cc84e-7d53-4d12-ade0-e4f585511720","block_type":"box","text":"The whole or any part of this work may not be","page_number":3,"box":{"x":749,"y":817,"width":192,"height":8}},{"id":"f3f52584-7081-40dc-ba78-8d14d2c36f0f","block_type":"box","text":"reproduced, copied or transmitted or any of its","page_number":3,"box":{"x":750,"y":827,"width":196,"height":8}},{"id":"6999bbc0-a55c-450e-9097-fca019cf7f4c","block_type":"box","text":"contents disclosed to third parties without","page_number":3,"box":{"x":749,"y":836,"width":180,"height":8}},{"id":"1416b0a1-d809-4635-bb26-4501e3db751f","block_type":"box","text":"State Street Investment Management’s express","page_number":3,"box":{"x":749,"y":846,"width":201,"height":8}},{"id":"bb29a466-2ce1-4329-8f24-2c8744b90c2d","block_type":"box","text":"written consent.","page_number":3,"box":{"x":749,"y":856,"width":69,"height":6}},{"id":"fa6ace9e-8cd8-487d-96ed-f0557c904ff2","block_type":"box","text":"©","page_number":3,"box":{"x":749,"y":876,"width":5,"height":3}},{"id":"1e0cc761-1e40-41d3-9c41-38535309697e","block_type":"box","text":"2026 State Street Corporation.","page_number":3,"box":{"x":756,"y":876,"width":131,"height":8}},{"id":"f7cde93f-16b0-429e-825f-ee67d8e81e18","block_type":"box","text":"All Rights Reserved.","page_number":3,"box":{"x":749,"y":886,"width":84,"height":8}},{"id":"cf288069-d33a-4f9a-9e5d-36385a62699f","block_type":"box","text":"Expiration Date: 31/08/2027","page_number":3,"box":{"x":750,"y":895,"width":118,"height":8}}],"unit":"per_mille","page_width":595,"page_height":841,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":3}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"9d45010a-cbc1-49d6-8be2-53378bef8930"},"user_id":1000002,"date_created":"2026-10-05T20:59:41.164000Z","date_modified":"2026-10-05T20:59:41.164000Z","private":false}