{"annotation_id":"532856a6-58e7-4bdb-9c4b-77ce85745060","file_hash":"67e5a7578878a6560b00aa2ee8504c3b90dc9a3d18aeb1bfddd5cad6477b5255","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"999cd7f2-a7c8-4124-b4ab-b30d8d98d913","block_type":"box","text":"1","page_number":1,"box":{"x":518,"y":961,"width":3,"height":8}},{"id":"862d79c3-879d-491c-8013-c2899b903bcc","block_type":"box","text":"State Street","page_number":1,"box":{"x":59,"y":73,"width":214,"height":20}},{"id":"e951db85-ff1e-4406-bc25-ff19b702c54d","block_type":"box","text":"®","page_number":1,"box":{"x":275,"y":71,"width":8,"height":7}},{"id":"2f8dff42-f9eb-4280-8dd6-86ae84271d9a","block_type":"box","text":"SPDR","page_number":1,"box":{"x":284,"y":73,"width":108,"height":20}},{"id":"a1450546-0295-4155-bb80-fe0e4405d5fb","block_type":"box","text":"®","page_number":1,"box":{"x":394,"y":71,"width":8,"height":7}},{"id":"d5cc2696-0b4c-4bf5-a7b1-368c45356990","block_type":"box","text":"Portfolio S&P","page_number":1,"box":{"x":60,"y":111,"width":244,"height":20}},{"id":"18d897ae-554b-4486-9050-14392086cbe2","block_type":"box","text":"500","page_number":1,"box":{"x":59,"y":148,"width":70,"height":21}},{"id":"61a63bff-4868-4902-b893-6ca5e4ebd438","block_type":"box","text":"®","page_number":1,"box":{"x":131,"y":146,"width":9,"height":7}},{"id":"02ac5bb9-e1a5-4b7c-86ca-0c9cb864b590","block_type":"box","text":"Value ETF","page_number":1,"box":{"x":140,"y":149,"width":186,"height":20}},{"id":"3153d060-5899-4199-a79d-9ac49b2ff396","block_type":"box","text":"SPYV","page_number":1,"box":{"x":515,"y":73,"width":101,"height":20}},{"id":"f3bbf224-940f-4408-be93-57db38485891","block_type":"box","text":"Fact Sheet","page_number":1,"box":{"x":743,"y":50,"width":84,"height":10}},{"id":"ed0ff10d-b453-45ce-828d-67e9288b8a0b","block_type":"box","text":"Equity","page_number":1,"box":{"x":743,"y":72,"width":55,"height":13}},{"id":"d337925c-a685-4e0b-bf37-b50440c804e4","block_type":"box","text":"As of 09/30/2026","page_number":1,"box":{"x":742,"y":114,"width":153,"height":12}},{"id":"eca3d504-b49a-4a17-b075-781aa6cdfeb0","block_type":"box","text":"Key Features","page_number":1,"box":{"x":59,"y":249,"width":89,"height":10}},{"id":"a4f13dec-acd0-4d4e-9b86-f991b802f5e4","block_type":"box","text":"•","page_number":1,"box":{"x":59,"y":283,"width":4,"height":3}},{"id":"5729fa05-22f2-47ba-960f-b7c1db7e27ae","block_type":"box","text":"The State Street","page_number":1,"box":{"x":80,"y":279,"width":107,"height":9}},{"id":"e425b10f-1725-4f97-bca0-09169e4f6f47","block_type":"box","text":"®","page_number":1,"box":{"x":187,"y":278,"width":4,"height":3}},{"id":"7ce274c2-896b-49d8-846e-d30ec324c4bf","block_type":"box","text":"SPDR","page_number":1,"box":{"x":191,"y":279,"width":41,"height":9}},{"id":"d4c84d11-5e95-443a-8625-702ab9d76e53","block_type":"box","text":"®","page_number":1,"box":{"x":233,"y":278,"width":3,"height":3}},{"id":"f2ae2969-40ff-4d82-89a8-5876170c8bc0","block_type":"box","text":"Portfolio S&P 500","page_number":1,"box":{"x":236,"y":279,"width":120,"height":9}},{"id":"192fba38-580b-4746-a531-188d251efa0f","block_type":"box","text":"®","page_number":1,"box":{"x":357,"y":278,"width":3,"height":3}},{"id":"872cab36-2c10-4d69-843f-08a979bf87df","block_type":"box","text":"Value ETF seeks","page_number":1,"box":{"x":360,"y":279,"width":114,"height":9}},{"id":"dbb51098-dff6-4da3-bac8-e85c3a8ac30b","block_type":"box","text":"to provide investment results that, before fees and expenses,","page_number":1,"box":{"x":80,"y":294,"width":394,"height":11}},{"id":"3dae9289-231a-455a-b6ea-f24033a7e70e","block_type":"box","text":"correspond generally to the total return performance of the","page_number":1,"box":{"x":81,"y":310,"width":383,"height":10}},{"id":"8bce8d76-f78c-4abf-aa4f-0265da2d0af9","block_type":"box","text":"S&P","page_number":1,"box":{"x":80,"y":325,"width":28,"height":8}},{"id":"56b984d6-c70f-4573-bb3e-3afd6377bc91","block_type":"box","text":"®","page_number":1,"box":{"x":109,"y":324,"width":3,"height":3}},{"id":"c5245441-d6ed-48e3-bdf2-1dd29e63e318","block_type":"box","text":"500 Value Index (the \"Index\")","page_number":1,"box":{"x":113,"y":325,"width":189,"height":9}},{"id":"201614ac-cf96-4c30-9fbf-3aec2db9326c","block_type":"box","text":"•","page_number":1,"box":{"x":59,"y":343,"width":4,"height":3}},{"id":"7a7b6cf2-29bb-4591-9aa3-ae53c3a93f33","block_type":"box","text":"A low cost ETF that seeks to offer exposure to S&P 500","page_number":1,"box":{"x":80,"y":340,"width":361,"height":10}},{"id":"541c8bc5-63ab-4caf-89c4-8905ff4d3ec0","block_type":"box","text":"companies that could be undervalued relative to the","page_number":1,"box":{"x":81,"y":355,"width":337,"height":10}},{"id":"bb29df7d-6179-4e71-98e9-5a8a39a2e7ad","block_type":"box","text":"broader market","page_number":1,"box":{"x":81,"y":370,"width":100,"height":8}},{"id":"ac8da53f-8bbf-4c78-9c83-5c21775c46c7","block_type":"box","text":"•","page_number":1,"box":{"x":59,"y":389,"width":4,"height":3}},{"id":"b2071b8d-6e71-4748-ad27-0393a878936b","block_type":"box","text":"The Index contains stocks that exhibit the strongest value","page_number":1,"box":{"x":80,"y":385,"width":373,"height":11}},{"id":"99b0f640-a3bf-428f-a8ff-dc965a470a3c","block_type":"box","text":"characteristics based on: book value to price ratio; earnings to","page_number":1,"box":{"x":81,"y":401,"width":400,"height":10}},{"id":"218c4afa-42aa-4e6d-b888-37f11cada95a","block_type":"box","text":"price ratio; and sales to price ratio","page_number":1,"box":{"x":81,"y":416,"width":216,"height":10}},{"id":"3a091e8c-2237-42ff-a582-d9713ebc263a","block_type":"box","text":"•","page_number":1,"box":{"x":59,"y":434,"width":4,"height":3}},{"id":"264c627b-e485-470b-a4ae-0e715e27d6ea","block_type":"box","text":"One of the low cost core State Street SPDR Portfolio ETFs, a","page_number":1,"box":{"x":81,"y":431,"width":389,"height":9}},{"id":"d4abdb0c-95ca-48fc-9b09-6537d99fb16b","block_type":"box","text":"suite of portfolio building blocks designed to provide broad,","page_number":1,"box":{"x":81,"y":446,"width":381,"height":10}},{"id":"b7d05ab2-9222-4869-ac3f-7ab7cb2c96e2","block_type":"box","text":"diversified exposure to core asset classes","page_number":1,"box":{"x":81,"y":461,"width":267,"height":10}},{"id":"d18c4212-5136-4250-bc8f-a54726fb00f9","block_type":"box","text":"About This Benchmark","page_number":1,"box":{"x":58,"y":507,"width":161,"height":8}},{"id":"3750e96d-6253-4eb7-90cc-e75e535f3e77","block_type":"box","text":"The S&P 500 Value Index measures the performance of the","page_number":1,"box":{"x":59,"y":537,"width":387,"height":10}},{"id":"21247368-5ed5-471f-b292-950634c128ef","block_type":"box","text":"large-capitalization value segment in the U.S. equity market. The","page_number":1,"box":{"x":59,"y":552,"width":414,"height":10}},{"id":"93802c40-96d7-4394-aa4b-8e057c5e55ec","block_type":"box","text":"Index consists of those stocks in the S&P 500 Index exhibiting the","page_number":1,"box":{"x":59,"y":567,"width":424,"height":11}},{"id":"5241679b-7ef4-4f62-b8af-4421d774466e","block_type":"box","text":"strongest value characteristics based on: (i) book value to price","page_number":1,"box":{"x":59,"y":582,"width":408,"height":11}},{"id":"aacf6bb7-a1db-4581-98af-a7ff28febe84","block_type":"box","text":"ratio; (ii) earnings to price ratio; and (iii) sales to price ratio. The","page_number":1,"box":{"x":59,"y":597,"width":402,"height":11}},{"id":"44a837eb-2f74-4fc1-a428-64bd5f39c7b9","block_type":"box","text":"Index is float-adjusted market capitalization weighted.","page_number":1,"box":{"x":59,"y":613,"width":345,"height":10}},{"id":"60d746ed-ceaa-438b-a95d-20884ea94cc9","block_type":"box","text":"Fund Information","page_number":1,"box":{"x":59,"y":652,"width":94,"height":6}},{"id":"3c301837-472e-448a-a43c-1654c82c202d","block_type":"box","text":"Inception Date","page_number":1,"box":{"x":59,"y":669,"width":75,"height":8}},{"id":"6a5f30e2-d162-48fe-aca2-4d7d867dd75e","block_type":"box","text":"09/25/2000","page_number":1,"box":{"x":223,"y":669,"width":70,"height":7}},{"id":"d6290244-17ba-49f4-aabd-3e66354ef75c","block_type":"box","text":"CUSIP","page_number":1,"box":{"x":59,"y":687,"width":33,"height":7}},{"id":"89b2303a-7815-4b3c-9962-3ed892315f04","block_type":"box","text":"78464A508","page_number":1,"box":{"x":223,"y":687,"width":70,"height":7}},{"id":"f0e4619b-67d7-4d57-b6ac-7afa5bda1688","block_type":"box","text":"Total Return (As of 09/30/2026)","page_number":1,"box":{"x":515,"y":243,"width":177,"height":8}},{"id":"5a843115-012a-4ba6-9350-0ffe289f2178","block_type":"box","text":"NAV","page_number":1,"box":{"x":726,"y":260,"width":24,"height":7}},{"id":"984d371e-2089-462e-a366-6f7ff075f0b3","block_type":"box","text":"(%)","page_number":1,"box":{"x":732,"y":271,"width":18,"height":8}},{"id":"ed3a4906-731f-48a7-ac82-278141ae5763","block_type":"box","text":"Market Value","page_number":1,"box":{"x":769,"y":260,"width":72,"height":7}},{"id":"2bb4c41f-7106-4092-a895-dbc6e03b2d24","block_type":"box","text":"(%)","page_number":1,"box":{"x":823,"y":271,"width":18,"height":8}},{"id":"b98dda46-3606-4e12-9310-6577698757a0","block_type":"box","text":"Index","page_number":1,"box":{"x":903,"y":260,"width":30,"height":7}},{"id":"8acf4f41-e11c-4459-94e0-e10f6ddf4b8d","block_type":"box","text":"(%)","page_number":1,"box":{"x":915,"y":271,"width":18,"height":8}},{"id":"9eb19152-68be-484a-8541-017cfbde3f94","block_type":"box","text":"Cumulative","page_number":1,"box":{"x":515,"y":289,"width":63,"height":6}},{"id":"2a47eb3e-1c1e-44af-8ff9-8eb85177ad35","block_type":"box","text":"QTD","page_number":1,"box":{"x":515,"y":307,"width":23,"height":7}},{"id":"e4923e7e-0a2d-4d0e-88df-6a56db8de70b","block_type":"box","text":"0.89","page_number":1,"box":{"x":723,"y":307,"width":26,"height":7}},{"id":"5542a6de-02c4-4983-a947-493faf3ae9bf","block_type":"box","text":"0.98","page_number":1,"box":{"x":815,"y":307,"width":26,"height":7}},{"id":"93dcfe82-a639-47a7-b5e2-dcfbc71e1e9b","block_type":"box","text":"0.90","page_number":1,"box":{"x":906,"y":307,"width":27,"height":7}},{"id":"3f6748d6-2ec4-4a2a-b6a2-dce7f12b2959","block_type":"box","text":"YTD","page_number":1,"box":{"x":514,"y":325,"width":24,"height":7}},{"id":"76e25548-6255-4154-a4f8-3f457bb98e7d","block_type":"box","text":"8.97","page_number":1,"box":{"x":724,"y":325,"width":25,"height":7}},{"id":"365e107b-00f5-41da-8a38-836379a1715a","block_type":"box","text":"8.99","page_number":1,"box":{"x":815,"y":325,"width":26,"height":7}},{"id":"94e220f1-05cd-4d6f-90a7-98b63b6f52a8","block_type":"box","text":"9.01","page_number":1,"box":{"x":906,"y":325,"width":26,"height":7}},{"id":"36c539cc-c777-41de-9370-e21ad0d66ab5","block_type":"box","text":"Annualised","page_number":1,"box":{"x":514,"y":344,"width":63,"height":7}},{"id":"b2f18b38-a883-43cb-b3ec-8607c334042d","block_type":"box","text":"1 Year","page_number":1,"box":{"x":516,"y":362,"width":32,"height":7}},{"id":"3b431100-a1fb-42fd-a242-97fd43dca5f6","block_type":"box","text":"12.43","page_number":1,"box":{"x":716,"y":362,"width":33,"height":7}},{"id":"84dd3709-3f41-49e0-87f3-3e7f7429ec16","block_type":"box","text":"12.46","page_number":1,"box":{"x":808,"y":362,"width":33,"height":7}},{"id":"cf56a4e0-31a5-4697-a8da-cfa0f39a351b","block_type":"box","text":"12.49","page_number":1,"box":{"x":899,"y":362,"width":33,"height":7}},{"id":"8e8804f0-89dc-4c89-a717-6649e2622e40","block_type":"box","text":"3 Year","page_number":1,"box":{"x":515,"y":380,"width":33,"height":7}},{"id":"096e5a24-c8ad-4556-bd72-0e96668e781c","block_type":"box","text":"16.26","page_number":1,"box":{"x":716,"y":380,"width":33,"height":7}},{"id":"b6ce9085-599c-4150-94d3-8abdc018b175","block_type":"box","text":"16.26","page_number":1,"box":{"x":808,"y":380,"width":33,"height":7}},{"id":"5b55594a-56a6-4ebe-a4a3-7e27179fd45c","block_type":"box","text":"16.33","page_number":1,"box":{"x":899,"y":380,"width":33,"height":7}},{"id":"a4b159df-d800-43f1-81cf-dd3256b6ed9e","block_type":"box","text":"5 Year","page_number":1,"box":{"x":515,"y":399,"width":33,"height":6}},{"id":"465131ea-b7f8-4f85-89ae-9c825b2ff64b","block_type":"box","text":"11.64","page_number":1,"box":{"x":716,"y":398,"width":34,"height":7}},{"id":"56a64b1f-4c4c-4bb9-8b9b-3c24c5780f0f","block_type":"box","text":"11.65","page_number":1,"box":{"x":808,"y":398,"width":33,"height":7}},{"id":"35e59564-967e-4133-9b3e-60d5fcf53f64","block_type":"box","text":"11.69","page_number":1,"box":{"x":899,"y":398,"width":33,"height":7}},{"id":"b3fffbf6-0903-4d56-a47a-61a220d498d3","block_type":"box","text":"10 Year","page_number":1,"box":{"x":516,"y":417,"width":40,"height":6}},{"id":"409a6472-c24b-490e-9215-5801d640cdba","block_type":"box","text":"11.62","page_number":1,"box":{"x":716,"y":417,"width":33,"height":6}},{"id":"f9bd9318-77a7-461b-89ed-97c3b682abed","block_type":"box","text":"11.62","page_number":1,"box":{"x":808,"y":417,"width":33,"height":6}},{"id":"5f704e2a-8db4-4aba-9e3a-4d02eccdbda1","block_type":"box","text":"11.70","page_number":1,"box":{"x":899,"y":417,"width":34,"height":6}},{"id":"f12987bd-ffcf-4b10-a635-fb904f2673b6","block_type":"box","text":"Gross Expense Ratio (%)","page_number":1,"box":{"x":515,"y":454,"width":134,"height":8}},{"id":"d320e4d1-8873-472c-91c5-a9211451030a","block_type":"box","text":"0.04","page_number":1,"box":{"x":906,"y":454,"width":27,"height":7}},{"id":"8768fbce-5a01-40ab-947f-101b3431810d","block_type":"box","text":"30 Day SEC Yield (%)","page_number":1,"box":{"x":514,"y":472,"width":117,"height":8}},{"id":"10edfd13-7e46-4825-a8c0-5cbdda8edadd","block_type":"box","text":"1.73","page_number":1,"box":{"x":907,"y":472,"width":25,"height":7}},{"id":"005aede8-cfd8-45a9-a567-4a4afd68a17d","block_type":"box","text":"Performance data quoted represents past performance and is no","page_number":1,"box":{"x":515,"y":493,"width":366,"height":8}},{"id":"a688a60b-d674-4411-a010-47e01a39ec09","block_type":"box","text":"guarantee of future results. Current performance may be lower or higher","page_number":1,"box":{"x":514,"y":504,"width":408,"height":8}},{"id":"9f5fbbc9-5555-48dd-9027-7474f47e6ed2","block_type":"box","text":"than the performance data quoted. Investment return and principal value","page_number":1,"box":{"x":514,"y":515,"width":413,"height":9}},{"id":"0e1d0525-ff24-4c24-b5d2-c3a6af75dc82","block_type":"box","text":"will fluctuate so that the investor's shares, when redeemed, may be worth","page_number":1,"box":{"x":514,"y":527,"width":411,"height":8}},{"id":"76a6f480-dcb3-4fc9-ab0f-cf5a35205242","block_type":"box","text":"more or less than the original cost. All results assume the reinvestment","page_number":1,"box":{"x":515,"y":538,"width":397,"height":8}},{"id":"8c6eb61c-9647-40c7-8ece-4d27c57542cf","block_type":"box","text":"of dividends and capital gains. Performance is shown net of any fees.","page_number":1,"box":{"x":514,"y":550,"width":385,"height":8}},{"id":"b4a505d8-2df6-466d-bad9-35a45b5c4a2a","block_type":"box","text":"Periods of less than one year are not annualized. Visit","page_number":1,"box":{"x":515,"y":561,"width":298,"height":8}},{"id":"a364438b-7f26-4108-b9da-c549723a4a8a","block_type":"box","text":"statestreet.com/im","page_number":1,"box":{"x":815,"y":561,"width":110,"height":7}},{"id":"1fa534ce-9863-4f84-a63f-cef6480b073f","block_type":"box","text":"for most recent month-end performance. Performance of an index is not","page_number":1,"box":{"x":514,"y":572,"width":406,"height":8}},{"id":"29136fca-59b1-4d21-8303-52f9195db84f","block_type":"box","text":"illustrative of any particular investment. It is not possible to invest directly","page_number":1,"box":{"x":515,"y":584,"width":416,"height":8}},{"id":"d387829e-6898-4e27-bb26-f30f601a9880","block_type":"box","text":"in an index. Index returns are unmanaged and do not reflect the deduction","page_number":1,"box":{"x":515,"y":595,"width":413,"height":8}},{"id":"1a7eab6d-b0fc-49e9-bbe5-5526973e457e","block_type":"box","text":"of any fees or expenses. Index returns reflect all items of income, gain and","page_number":1,"box":{"x":514,"y":606,"width":412,"height":9}},{"id":"60b35718-639c-46b0-b24d-835a7c1d5f91","block_type":"box","text":"loss and the reinvestment of dividends and other income as applicable.","page_number":1,"box":{"x":515,"y":618,"width":398,"height":8}},{"id":"96e34c54-75f4-499b-98c2-0b3ed0be14e9","block_type":"box","text":"Index Change: \"Benchmark\" reflects linked performance returns of both the","page_number":1,"box":{"x":515,"y":629,"width":395,"height":8}},{"id":"70ced742-2f00-4667-8b4b-c874f8af7d0c","block_type":"box","text":"S&P 500 Value Index and the Dow Jones U.S. Large-Cap Value Total Stock","page_number":1,"box":{"x":514,"y":640,"width":393,"height":9}},{"id":"d01ad90f-c76b-4c7c-91d4-30c8c327b6ac","block_type":"box","text":"Market Index. The index returns are reflective of the Dow Jones U.S. Large-Cap","page_number":1,"box":{"x":515,"y":652,"width":414,"height":8}},{"id":"ce39575f-aac8-411f-8f3e-f03a5c0beceb","block_type":"box","text":"Value Total Stock Market Index from fund inception until 12/17/2010 and of the","page_number":1,"box":{"x":514,"y":663,"width":407,"height":8}},{"id":"ccef7c82-d9a6-4fbb-baf9-e09a178a2bb9","block_type":"box","text":"S&P 500 Value Index effective 12/17/2010 to present.","page_number":1,"box":{"x":514,"y":674,"width":277,"height":9}},{"id":"136a6b0b-f9b1-4974-98e1-1f3c1a5c0644","block_type":"box","text":"Characteristics","page_number":1,"box":{"x":515,"y":711,"width":85,"height":7}},{"id":"c30ad78d-8a86-4fc9-bc49-10f8ddd57a36","block_type":"box","text":"Est. 3-5 Year EPS Growth","page_number":1,"box":{"x":515,"y":729,"width":132,"height":6}},{"id":"b6067a8b-5229-4439-be9d-44f871904ae0","block_type":"box","text":"14.81%","page_number":1,"box":{"x":765,"y":729,"width":44,"height":6}},{"id":"d96658a9-885f-443e-bb23-8e0c9c1e5aa7","block_type":"box","text":"Index Dividend Yield","page_number":1,"box":{"x":515,"y":747,"width":104,"height":6}},{"id":"47c00bb7-bbfc-4550-8eea-7af07805f615","block_type":"box","text":"1.80%","page_number":1,"box":{"x":765,"y":747,"width":36,"height":6}},{"id":"73bac7e1-7d5d-45e3-8a1c-c3816920e7d1","block_type":"box","text":"Price/Earnings Ratio FY1","page_number":1,"box":{"x":515,"y":765,"width":129,"height":8}},{"id":"7f2650f8-166c-4c76-ada3-85e2b10841e7","block_type":"box","text":"18.13","page_number":1,"box":{"x":765,"y":765,"width":33,"height":7}},{"id":"fa0b7feb-61e4-405e-86c8-5918e60fdcd7","block_type":"box","text":"Number of Holdings","page_number":1,"box":{"x":515,"y":783,"width":102,"height":9}},{"id":"2c02a1d6-007d-4d19-8109-86230bdf026d","block_type":"box","text":"436","page_number":1,"box":{"x":764,"y":783,"width":23,"height":7}},{"id":"e06dbb80-7801-4a46-95aa-416d1505fd2b","block_type":"box","text":"Price/Book","page_number":1,"box":{"x":515,"y":801,"width":58,"height":8}},{"id":"69fdb377-bf5e-450a-b385-5729b07998f3","block_type":"box","text":"3.54","page_number":1,"box":{"x":764,"y":801,"width":27,"height":7}},{"id":"fb34e78c-1787-4501-b397-738d96ba02d8","block_type":"box","text":"Average Market Cap (M)","page_number":1,"box":{"x":514,"y":819,"width":126,"height":9}},{"id":"ff704112-fe68-4ac6-bdfb-42be5238175e","block_type":"box","text":"US$714,776.90","page_number":1,"box":{"x":764,"y":819,"width":93,"height":8}},{"id":"ac00a2ca-a6f1-477c-81d2-7e75122c784f","block_type":"box","text":"2","page_number":2,"box":{"x":516,"y":961,"width":8,"height":8}},{"id":"f84cd101-d67d-4f8d-b702-75743a21d08e","block_type":"box","text":"Top 10 Holdings","page_number":2,"box":{"x":59,"y":45,"width":86,"height":9}},{"id":"2d6b3380-75b2-4c53-8f17-862dea49fc35","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":419,"y":45,"width":60,"height":9}},{"id":"6e778bd8-1740-4634-8824-6f8be131484d","block_type":"box","text":"APPLE INC","page_number":2,"box":{"x":58,"y":64,"width":59,"height":7}},{"id":"7bce4f30-28b0-4044-9ad6-c8bbef7ffcf2","block_type":"box","text":"8.34","page_number":2,"box":{"x":453,"y":64,"width":26,"height":7}},{"id":"1faef9a2-43b5-4ad0-b381-eb2f6f502f60","block_type":"box","text":"AMAZON.COM INC","page_number":2,"box":{"x":58,"y":82,"width":102,"height":7}},{"id":"8ad8a952-47f4-4d19-9052-55d826cfd37b","block_type":"box","text":"3.94","page_number":2,"box":{"x":453,"y":82,"width":26,"height":7}},{"id":"2a17db8f-bab4-477f-8494-aba291310bd7","block_type":"box","text":"EXXONMOBIL HOLDINGS CORP","page_number":2,"box":{"x":59,"y":100,"width":173,"height":7}},{"id":"ed3eebd2-45bc-4ed6-9127-85baae0823d5","block_type":"box","text":"2.30","page_number":2,"box":{"x":453,"y":100,"width":26,"height":7}},{"id":"e8dd57fa-113a-46bc-9966-89c19defee23","block_type":"box","text":"INTEL CORP","page_number":2,"box":{"x":59,"y":119,"width":67,"height":6}},{"id":"d666a162-60c5-4bf5-a0d5-cfccdd1d36ef","block_type":"box","text":"2.05","page_number":2,"box":{"x":453,"y":119,"width":25,"height":6}},{"id":"72aaada9-a05f-46d5-be41-70608c61254f","block_type":"box","text":"WALMART INC","page_number":2,"box":{"x":58,"y":137,"width":81,"height":6}},{"id":"f4343e34-a103-4040-8feb-55ddbb330c5f","block_type":"box","text":"1.59","page_number":2,"box":{"x":453,"y":137,"width":25,"height":6}},{"id":"66f859db-6bc1-4d5d-8344-06becfaa74af","block_type":"box","text":"COSTCO WHOLESALE CORP","page_number":2,"box":{"x":59,"y":155,"width":158,"height":6}},{"id":"7facc4ff-533d-44dc-a657-a92667c0979d","block_type":"box","text":"1.39","page_number":2,"box":{"x":453,"y":155,"width":25,"height":6}},{"id":"623984df-4f0a-448e-b5b3-129e303cef70","block_type":"box","text":"CHEVRON CORP","page_number":2,"box":{"x":59,"y":173,"width":92,"height":7}},{"id":"7bfc8879-a48c-4858-bebc-9e5956efd639","block_type":"box","text":"1.38","page_number":2,"box":{"x":453,"y":173,"width":25,"height":7}},{"id":"4bb03897-3200-440b-843e-33ec0ff1d27a","block_type":"box","text":"TESLA INC","page_number":2,"box":{"x":59,"y":191,"width":58,"height":7}},{"id":"1e4a0f54-0687-48de-a274-bea22db05fc2","block_type":"box","text":"1.30","page_number":2,"box":{"x":453,"y":191,"width":26,"height":7}},{"id":"4c40ed4d-975e-4fcf-aa1d-b1cab74e0fd8","block_type":"box","text":"MERCK + CO. INC.","page_number":2,"box":{"x":59,"y":209,"width":96,"height":7}},{"id":"8a7f5188-314e-4cd9-94c7-32fecda6e873","block_type":"box","text":"1.23","page_number":2,"box":{"x":453,"y":209,"width":25,"height":7}},{"id":"09261aac-6b2d-46a0-a755-8452c0cce1be","block_type":"box","text":"BANK OF AMERICA CORP","page_number":2,"box":{"x":59,"y":228,"width":139,"height":6}},{"id":"20ed75ab-cf52-4096-910e-63df9a2c06a4","block_type":"box","text":"1.21","page_number":2,"box":{"x":453,"y":228,"width":25,"height":6}},{"id":"7d264ea2-1c88-405c-bb99-626ac22a2c3f","block_type":"box","text":"Totals may not equal 100 due to rounding.","page_number":2,"box":{"x":59,"y":248,"width":217,"height":8}},{"id":"c301c18c-ae92-419f-bf31-66ed308f1c30","block_type":"box","text":"Top Sectors","page_number":2,"box":{"x":515,"y":45,"width":66,"height":8}},{"id":"b2cea408-73e8-4643-a224-c93c10ceb409","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":875,"y":45,"width":60,"height":9}},{"id":"d81e34cb-413f-4c01-a89f-dd418a195565","block_type":"box","text":"Information Technology","page_number":2,"box":{"x":515,"y":64,"width":122,"height":8}},{"id":"e6535444-a1d7-453a-bcd8-3faa2018a78f","block_type":"box","text":"21.50","page_number":2,"box":{"x":901,"y":64,"width":34,"height":7}},{"id":"b05e74f2-6bda-45aa-9977-12f381a48192","block_type":"box","text":"Financials","page_number":2,"box":{"x":515,"y":82,"width":51,"height":7}},{"id":"0d0c03e1-d13b-4c58-a4bd-6a10d445d211","block_type":"box","text":"15.20","page_number":2,"box":{"x":901,"y":82,"width":34,"height":7}},{"id":"4faf40a0-3f13-4270-89c9-1054cdd0cf8a","block_type":"box","text":"Health Care","page_number":2,"box":{"x":515,"y":100,"width":61,"height":7}},{"id":"7724366e-d948-447b-a0bc-90148fb829a1","block_type":"box","text":"13.20","page_number":2,"box":{"x":901,"y":100,"width":34,"height":7}},{"id":"d609f726-92b8-4979-a970-23f75b79f10c","block_type":"box","text":"Industrials","page_number":2,"box":{"x":515,"y":119,"width":52,"height":6}},{"id":"df6978e1-a0b3-422d-871a-234d40483671","block_type":"box","text":"10.79","page_number":2,"box":{"x":901,"y":119,"width":33,"height":6}},{"id":"09043985-b92b-4d2b-93ff-d3e0ce839ac9","block_type":"box","text":"Consumer Discretionary","page_number":2,"box":{"x":515,"y":137,"width":126,"height":8}},{"id":"4c92c3e8-0514-4897-ad13-1248306a2c93","block_type":"box","text":"9.68","page_number":2,"box":{"x":908,"y":137,"width":26,"height":6}},{"id":"3bac2061-626a-4a7d-b917-7816d56bbd2a","block_type":"box","text":"Consumer Staples","page_number":2,"box":{"x":515,"y":155,"width":95,"height":8}},{"id":"42fccf8f-e901-46d6-b809-4983cd39d55a","block_type":"box","text":"8.56","page_number":2,"box":{"x":909,"y":155,"width":25,"height":6}},{"id":"43ed79e3-f5f0-4ccc-a04d-d64e84f6b674","block_type":"box","text":"Energy","page_number":2,"box":{"x":515,"y":173,"width":36,"height":8}},{"id":"61d5ca1e-3e8b-4ae8-8f61-d4b027d7e3fd","block_type":"box","text":"7.69","page_number":2,"box":{"x":909,"y":173,"width":25,"height":7}},{"id":"190fea06-3cd7-4c2e-9001-17c57bfe0bb3","block_type":"box","text":"Utilities","page_number":2,"box":{"x":515,"y":191,"width":37,"height":7}},{"id":"fab2304a-1e73-4da9-a4ea-1ad62f11c42a","block_type":"box","text":"3.86","page_number":2,"box":{"x":908,"y":191,"width":26,"height":7}},{"id":"e067b3a5-bd80-4f49-9e0f-54c4294f1223","block_type":"box","text":"Materials","page_number":2,"box":{"x":515,"y":210,"width":47,"height":6}},{"id":"4baee33f-3e2d-43a6-8e0e-38262a786751","block_type":"box","text":"3.43","page_number":2,"box":{"x":908,"y":209,"width":26,"height":7}},{"id":"1275b2e8-3378-4756-8e03-bd03875e7908","block_type":"box","text":"Real Estate","page_number":2,"box":{"x":515,"y":228,"width":58,"height":6}},{"id":"6650984a-12fb-4224-b3f4-d6200781ed06","block_type":"box","text":"3.10","page_number":2,"box":{"x":908,"y":228,"width":27,"height":6}},{"id":"da279395-3e2d-4b39-9095-8343d4dfb175","block_type":"box","text":"Communication Services","page_number":2,"box":{"x":515,"y":246,"width":130,"height":6}},{"id":"12842581-4e81-44c1-8e3e-74a9abc1ed00","block_type":"box","text":"2.99","page_number":2,"box":{"x":909,"y":246,"width":25,"height":6}},{"id":"f364ef58-8ce0-4d66-9b2a-9eb066a68e80","block_type":"box","text":"Source: State Street Investment Management, 30th September 2026.","page_number":2,"box":{"x":514,"y":266,"width":368,"height":9}},{"id":"63f4b423-cc34-4d5d-aaca-af52a2c4b09e","block_type":"box","text":"Characteristics/ Holdings/ Weights are subject to change, and should not be","page_number":2,"box":{"x":515,"y":277,"width":398,"height":9}},{"id":"e17b8c6b-2dc3-4c5b-9e5c-13ad5f3390ec","block_type":"box","text":"relied upon as current thereafter.","page_number":2,"box":{"x":515,"y":289,"width":172,"height":8}},{"id":"3d9675cd-d718-483b-a3b9-98887cf28027","block_type":"box","text":"statestreet.com/im","page_number":2,"box":{"x":59,"y":446,"width":166,"height":12}},{"id":"cdb8b594-de61-4b6a-9f21-30eb6d011fd2","block_type":"box","text":"Information Classification: General","page_number":2,"box":{"x":59,"y":470,"width":164,"height":7}},{"id":"c201be16-c3cc-42d2-a19e-9b7cd6976545","block_type":"box","text":"State Street Global Advisors (SSGA)","page_number":2,"box":{"x":59,"y":490,"width":168,"height":8}},{"id":"dae81c23-2178-4d14-a5d3-0b062c0927c3","block_type":"box","text":"is now State Street Investment","page_number":2,"box":{"x":59,"y":500,"width":144,"height":7}},{"id":"31c418c1-8488-4bd1-843c-7348880ca419","block_type":"box","text":"Management. Please go to statestreet.","page_number":2,"box":{"x":59,"y":511,"width":181,"height":8}},{"id":"7d2165c9-e4f6-4f2e-b0e0-c88c2d194f58","block_type":"box","text":"com/investment-management for more","page_number":2,"box":{"x":59,"y":520,"width":186,"height":9}},{"id":"4cb4368d-c685-4ce2-a083-4e89ca0568cd","block_type":"box","text":"information.","page_number":2,"box":{"x":59,"y":531,"width":58,"height":6}},{"id":"8275f56d-af59-4b29-aa4f-83a7a81b600b","block_type":"box","text":"State Street Investment Management","page_number":2,"box":{"x":59,"y":564,"width":177,"height":8}},{"id":"44879db5-893b-4758-bad3-9d7b7b3ac028","block_type":"box","text":"One Congress Street, Boston MA 02114","page_number":2,"box":{"x":59,"y":574,"width":163,"height":8}},{"id":"b435862d-243d-4292-97db-2cdb953a436b","block_type":"box","text":"T: +1 866 787 2257","page_number":2,"box":{"x":59,"y":584,"width":78,"height":6}},{"id":"bd61ee49-72d8-4687-98af-4e3fe508287e","block_type":"box","text":"Glossary","page_number":2,"box":{"x":59,"y":617,"width":41,"height":8}},{"id":"fdf29cac-509a-4f68-8f3e-35335cb27c88","block_type":"box","text":"NAV","page_number":2,"box":{"x":59,"y":627,"width":20,"height":7}},{"id":"ae6ee5e6-1457-480a-b60b-c4650792454f","block_type":"box","text":"The market value of a mutual fund's or","page_number":2,"box":{"x":85,"y":627,"width":162,"height":7}},{"id":"0c0be962-f1c8-4b0f-bdf1-ace026f8707b","block_type":"box","text":"ETFs total assets, minus liabilities, divided by","page_number":2,"box":{"x":59,"y":637,"width":190,"height":8}},{"id":"6d9f4a11-771a-48fa-b9eb-589fac893910","block_type":"box","text":"the number of shares outstanding.","page_number":2,"box":{"x":58,"y":647,"width":146,"height":9}},{"id":"41749f9f-7319-42d8-8b74-a1fdf119650b","block_type":"box","text":"Market Value","page_number":2,"box":{"x":59,"y":657,"width":61,"height":7}},{"id":"6f15ead5-685f-4365-931f-218657ee1144","block_type":"box","text":"Determined by the midpoint","page_number":2,"box":{"x":128,"y":657,"width":117,"height":9}},{"id":"bf6acbee-01f8-4520-9e1e-94bbb8f9d40f","block_type":"box","text":"between the bid/offer prices as of the closing","page_number":2,"box":{"x":59,"y":667,"width":188,"height":9}},{"id":"b7c66d9a-dd52-4038-a8ac-a533867f958a","block_type":"box","text":"time of the New York Stock Exchange (typically","page_number":2,"box":{"x":58,"y":677,"width":198,"height":9}},{"id":"65cdd5f3-c28c-4e93-961b-b73481bda7ac","block_type":"box","text":"4:00PM EST) on business days.","page_number":2,"box":{"x":58,"y":687,"width":133,"height":9}},{"id":"db2d7f55-bd59-45be-8333-b3d01a6a049a","block_type":"box","text":"Gross Expense Ratio","page_number":2,"box":{"x":59,"y":698,"width":96,"height":8}},{"id":"9520f790-4440-4fb3-83e0-dc4b529d7880","block_type":"box","text":"The fund's total","page_number":2,"box":{"x":162,"y":698,"width":65,"height":6}},{"id":"2466905a-3ba1-4eff-a078-e3589b6b50dd","block_type":"box","text":"annual operating expense ratio. It is gross of","page_number":2,"box":{"x":59,"y":708,"width":185,"height":8}},{"id":"f28a94b1-1b7a-4398-9a41-9330ccb18f30","block_type":"box","text":"any fee waivers or expense reimbursements.","page_number":2,"box":{"x":59,"y":718,"width":187,"height":8}},{"id":"5811f0b0-794d-46bd-ac41-24d21a2ec6bb","block_type":"box","text":"It can be found in the fund's most recent","page_number":2,"box":{"x":59,"y":728,"width":169,"height":7}},{"id":"6b71848d-58b6-4f33-9abe-8bfcc662e424","block_type":"box","text":"prospectus.","page_number":2,"box":{"x":59,"y":739,"width":50,"height":7}},{"id":"a4dbd70b-e8ff-4148-a3e8-eb4b8b34747c","block_type":"box","text":"30 Day SEC Yield","page_number":2,"box":{"x":59,"y":748,"width":79,"height":8}},{"id":"b1b51f1e-61b9-44ef-9bb2-3c658a2058f9","block_type":"box","text":"(Also known as","page_number":2,"box":{"x":146,"y":748,"width":63,"height":8}},{"id":"8438b783-943f-4233-b27a-d3d7e9c7bae2","block_type":"box","text":"Standardized Yield) An annualized yield that","page_number":2,"box":{"x":59,"y":758,"width":186,"height":9}},{"id":"91c52bc8-29ef-4db6-8dd1-9da0e435884c","block_type":"box","text":"is calculated by dividing the net investment","page_number":2,"box":{"x":59,"y":769,"width":182,"height":8}},{"id":"7ead0ab4-7c4d-48d4-820a-aef74169bba4","block_type":"box","text":"income earned by the fund over the most","page_number":2,"box":{"x":59,"y":779,"width":172,"height":8}},{"id":"1c8bac03-cb8e-46da-ab77-e5f9cf47b0d5","block_type":"box","text":"recent 30-day period by the current maximum","page_number":2,"box":{"x":59,"y":789,"width":195,"height":8}},{"id":"581c71fb-4ced-4928-ab73-0fdc633e9962","block_type":"box","text":"offering price.","page_number":2,"box":{"x":59,"y":799,"width":57,"height":8}},{"id":"7216e82e-031f-4f7e-ab69-979350ee8320","block_type":"box","text":"Est. 3-5 Year EPS Growth","page_number":2,"box":{"x":59,"y":809,"width":117,"height":6}},{"id":"9db3c588-b7f1-475e-bb88-23e04673ae08","block_type":"box","text":"Based on","page_number":2,"box":{"x":183,"y":809,"width":38,"height":6}},{"id":"f62b9067-9553-40f2-acf0-5f3959427caf","block_type":"box","text":"the underlying holdings of the fund. The","page_number":2,"box":{"x":58,"y":819,"width":167,"height":8}},{"id":"ea0e801d-7d91-4803-b313-21a6d9a9203b","block_type":"box","text":"actual earnings estimates for the underlying","page_number":2,"box":{"x":59,"y":829,"width":186,"height":8}},{"id":"e8f94380-9e34-4633-84c7-c7ce644155e6","block_type":"box","text":"holdings are provided by FactSet, First Call,","page_number":2,"box":{"x":59,"y":839,"width":181,"height":8}},{"id":"d740115a-0637-4a38-8717-a02e1d972370","block_type":"box","text":"I/B/E/S Consensus, and Reuters and are used","page_number":2,"box":{"x":59,"y":849,"width":190,"height":8}},{"id":"60dd1647-4b85-4c5a-a7d5-8d0865570467","block_type":"box","text":"to calculate a mean 3-5 year EPS growth","page_number":2,"box":{"x":58,"y":859,"width":170,"height":9}},{"id":"c5d847d4-62e9-4776-95a1-9fc769d085b2","block_type":"box","text":"rate estimate.","page_number":2,"box":{"x":59,"y":870,"width":58,"height":6}},{"id":"8fd43a64-082d-451a-8fc2-03ecf9e20d89","block_type":"box","text":"Index Dividend Yield","page_number":2,"box":{"x":59,"y":880,"width":96,"height":6}},{"id":"ab5af957-044a-44ae-a877-3a9239cb81ee","block_type":"box","text":"The weighted average","page_number":2,"box":{"x":162,"y":880,"width":93,"height":8}},{"id":"2576870f-fe80-4bbc-965f-46f29c57cac7","block_type":"box","text":"of the underlyings' indicated annual dividend","page_number":2,"box":{"x":59,"y":890,"width":188,"height":8}},{"id":"e8c00330-79af-405b-97a2-802929f1ceea","block_type":"box","text":"divided by price, expressed as a percentage.","page_number":2,"box":{"x":59,"y":900,"width":186,"height":8}},{"id":"3e21abd6-9943-47a6-bf39-8b1906b88a27","block_type":"box","text":"Price/Earnings Ratio FY1","page_number":2,"box":{"x":59,"y":910,"width":114,"height":8}},{"id":"b81fe890-917f-4a3c-a564-59f4fe3da689","block_type":"box","text":"The weighted","page_number":2,"box":{"x":181,"y":910,"width":56,"height":8}},{"id":"44957c3b-d0b1-4870-8ee9-3f9f41c52a44","block_type":"box","text":"harmonic average of current share price","page_number":2,"box":{"x":287,"y":449,"width":168,"height":8}},{"id":"75cafb74-d08e-4c26-a1d7-fcb54f1b4d7c","block_type":"box","text":"divided by the forecasted one year earnings","page_number":2,"box":{"x":287,"y":459,"width":184,"height":8}},{"id":"bd389c79-ae9a-42eb-a847-a0a10c1f2fac","block_type":"box","text":"per share for each security in the fund.","page_number":2,"box":{"x":287,"y":469,"width":161,"height":8}},{"id":"c9cfd6d2-b782-4e16-b1f2-fa2f25511f1b","block_type":"box","text":"Negative and positive outliers are included in","page_number":2,"box":{"x":287,"y":479,"width":188,"height":8}},{"id":"8250d116-caae-4980-8faf-d8e7f7b1b0fa","block_type":"box","text":"the calculation.","page_number":2,"box":{"x":286,"y":489,"width":65,"height":7}},{"id":"6121a7df-331c-41ee-b89a-e6eade4d6580","block_type":"box","text":"Price/Book Ratio","page_number":2,"box":{"x":287,"y":499,"width":78,"height":7}},{"id":"72ac5f68-83ca-49b7-8bf8-9c58ffea08a8","block_type":"box","text":"The weighted harmonic","page_number":2,"box":{"x":372,"y":499,"width":99,"height":8}},{"id":"971da683-76d7-4988-ab6d-33ed721a9ba5","block_type":"box","text":"average of closing market price divided by","page_number":2,"box":{"x":287,"y":509,"width":177,"height":8}},{"id":"766bc87b-5554-43b2-bbe4-9d9e3afee754","block_type":"box","text":"the most recent reported book value for each","page_number":2,"box":{"x":286,"y":519,"width":190,"height":8}},{"id":"f1eb2d62-ec21-488f-8971-5495f01f714a","block_type":"box","text":"security in the fund's portfolio as calculated for","page_number":2,"box":{"x":287,"y":529,"width":198,"height":9}},{"id":"475bd8da-1946-43a2-9f52-aa2233ea2696","block_type":"box","text":"the last twelve months.","page_number":2,"box":{"x":286,"y":540,"width":98,"height":6}},{"id":"76b631e7-9bca-491e-8d16-8fe4cc05fb09","block_type":"box","text":"Important Risk Information","page_number":2,"box":{"x":287,"y":573,"width":128,"height":8}},{"id":"689ef1b4-a468-4088-ae79-0ef989344409","block_type":"box","text":"Weights are as of the date indicated, are","page_number":2,"box":{"x":286,"y":593,"width":168,"height":8}},{"id":"cf06297e-8168-4a6c-b97d-08d4f96d982a","block_type":"box","text":"subject to change, and should not be relied","page_number":2,"box":{"x":287,"y":603,"width":179,"height":8}},{"id":"2580921d-f77d-4492-9651-cfc968106405","block_type":"box","text":"upon as current thereafter.","page_number":2,"box":{"x":287,"y":613,"width":113,"height":8}},{"id":"4a9ec59c-a700-4282-99dd-0036d2238013","block_type":"box","text":"Investing involves risk including the risk of loss","page_number":2,"box":{"x":287,"y":623,"width":195,"height":8}},{"id":"3d13e222-0b91-480c-b32a-f15e39bb16e6","block_type":"box","text":"of principal.","page_number":2,"box":{"x":287,"y":633,"width":48,"height":8}},{"id":"9b9f5f72-f134-4f37-859a-66ecdc5abb2a","block_type":"box","text":"The information provided does not constitute","page_number":2,"box":{"x":286,"y":643,"width":192,"height":8}},{"id":"c8250025-5bbb-43e4-8d75-5ef9612964f6","block_type":"box","text":"investment advice and it should not be relied","page_number":2,"box":{"x":287,"y":653,"width":188,"height":7}},{"id":"09abb777-7e1f-4b12-8744-3a6660c90cf5","block_type":"box","text":"on as such. It should not be considered a","page_number":2,"box":{"x":287,"y":664,"width":170,"height":6}},{"id":"13e5c17a-3b53-4281-8924-5cb512e9cf35","block_type":"box","text":"solicitation to buy or an offer to sell a security.","page_number":2,"box":{"x":287,"y":674,"width":191,"height":8}},{"id":"70538964-b044-4127-b001-b829fbd01de7","block_type":"box","text":"It does not take into account any investor's","page_number":2,"box":{"x":287,"y":684,"width":180,"height":8}},{"id":"5c4ecd2d-7cfa-42b8-bee2-a30a55291b39","block_type":"box","text":"particular investment objectives, strategies,","page_number":2,"box":{"x":287,"y":694,"width":186,"height":8}},{"id":"2eb8c7c0-a216-4892-99db-c403e83c52e0","block_type":"box","text":"tax status or investment horizon. You should","page_number":2,"box":{"x":286,"y":704,"width":188,"height":6}},{"id":"926e8155-15af-48be-8b0e-39611f2fe900","block_type":"box","text":"consult your tax and financial advisor.","page_number":2,"box":{"x":287,"y":714,"width":159,"height":8}},{"id":"a283e88e-8ffc-4312-b2af-0ddc7f845490","block_type":"box","text":"The whole or any part of this work may not be","page_number":2,"box":{"x":286,"y":724,"width":191,"height":8}},{"id":"b0dd6e85-31c4-4bf2-8521-0f33a852abdd","block_type":"box","text":"reproduced, copied or transmitted or any of","page_number":2,"box":{"x":287,"y":734,"width":184,"height":8}},{"id":"d2e08ce3-0bbe-407e-8853-e329142e4872","block_type":"box","text":"its contents disclosed to third parties without","page_number":2,"box":{"x":287,"y":744,"width":191,"height":8}},{"id":"fb898c62-8137-401a-9acb-05d2574a6ca6","block_type":"box","text":"SSGA's express written consent.","page_number":2,"box":{"x":287,"y":754,"width":136,"height":9}},{"id":"6c116bc5-f8e0-44b7-9132-08dce7db5e1c","block_type":"box","text":"This communication is not intended to be an","page_number":2,"box":{"x":286,"y":765,"width":187,"height":6}},{"id":"dd44c850-5941-447f-a8d1-34d795a04034","block_type":"box","text":"investment recommendation or investment","page_number":2,"box":{"x":287,"y":775,"width":183,"height":6}},{"id":"1415d225-0f0d-4c7f-bf37-7a831e80e590","block_type":"box","text":"advice and should not be relied upon as such.","page_number":2,"box":{"x":287,"y":785,"width":190,"height":8}},{"id":"34c215af-c56b-4058-ac29-43b526e9eea3","block_type":"box","text":"Market Risk:","page_number":2,"box":{"x":287,"y":795,"width":58,"height":6}},{"id":"ffb23989-fb83-4af8-976b-399d2bc118c3","block_type":"box","text":"The Fund's investments are","page_number":2,"box":{"x":348,"y":795,"width":116,"height":6}},{"id":"5da996db-9dee-410d-b1bf-1065baa1b8af","block_type":"box","text":"subject to changes in general economic","page_number":2,"box":{"x":287,"y":805,"width":166,"height":8}},{"id":"bcf1acf8-19e9-411b-ab7e-ebf56b9349df","block_type":"box","text":"conditions, general market fluctuations,","page_number":2,"box":{"x":287,"y":815,"width":167,"height":8}},{"id":"abb9e5c6-3325-47a8-9cd6-1affa2a79d21","block_type":"box","text":"and the risks inherent in investment in","page_number":2,"box":{"x":287,"y":825,"width":160,"height":7}},{"id":"5abda204-9737-4694-a67b-e97baa1c072c","block_type":"box","text":"securities markets. Investment markets can","page_number":2,"box":{"x":287,"y":835,"width":185,"height":7}},{"id":"3cc448dc-346d-41d8-af34-88b847a879e2","block_type":"box","text":"be volatile, and prices of investments can","page_number":2,"box":{"x":287,"y":845,"width":173,"height":8}},{"id":"e6752a05-09dc-4127-8247-b1d9904c060d","block_type":"box","text":"change substantially due to various factors,","page_number":2,"box":{"x":287,"y":855,"width":183,"height":9}},{"id":"3a130f3e-4da2-4277-8e4c-dcc9de416e6e","block_type":"box","text":"including, but not limited to, economic growth","page_number":2,"box":{"x":287,"y":866,"width":192,"height":8}},{"id":"1dc9ee45-9700-4f75-ae5b-d657120ce2b9","block_type":"box","text":"or recession, changes in interest rates,","page_number":2,"box":{"x":287,"y":876,"width":162,"height":8}},{"id":"3fe6d40d-913b-4d68-905b-5b31c333e91e","block_type":"box","text":"inflation, changes in the actual or perceived","page_number":2,"box":{"x":287,"y":886,"width":182,"height":8}},{"id":"5e1d03e0-9ce3-4d3a-a0c9-63b43758c31b","block_type":"box","text":"creditworthiness of issuers, and general","page_number":2,"box":{"x":287,"y":896,"width":168,"height":8}},{"id":"095e92b2-1a2e-486c-9392-9c781f44f5ae","block_type":"box","text":"market liquidity. The Fund is subject to the","page_number":2,"box":{"x":287,"y":906,"width":178,"height":8}},{"id":"2b89f780-58aa-4243-a013-706eea5d0ebf","block_type":"box","text":"risk that geopolitical events will disrupt","page_number":2,"box":{"x":515,"y":449,"width":164,"height":8}},{"id":"fa54489d-9e92-4cdd-b45c-3436ab4f7e66","block_type":"box","text":"securities markets and adversely affect global","page_number":2,"box":{"x":514,"y":459,"width":194,"height":8}},{"id":"a384609e-1533-4140-943a-6964d47154ec","block_type":"box","text":"economies and markets. Local, regional, or","page_number":2,"box":{"x":515,"y":469,"width":179,"height":8}},{"id":"ea5ba564-fc1c-4acf-836d-86d946dd3d35","block_type":"box","text":"global events such as war, military conflicts,","page_number":2,"box":{"x":514,"y":479,"width":185,"height":8}},{"id":"1fc03d34-be39-4388-9f33-2debd6cef3e8","block_type":"box","text":"acts of terrorism, trade policy changes or","page_number":2,"box":{"x":514,"y":489,"width":173,"height":8}},{"id":"29e6813c-bdbe-4c7c-8fad-ba280138d1f6","block_type":"box","text":"disputes, the threat or actual imposition","page_number":2,"box":{"x":515,"y":499,"width":167,"height":8}},{"id":"73605c9b-d9c1-4a76-b345-6ad820d2b21c","block_type":"box","text":"of tariffs, natural disasters, the spread of","page_number":2,"box":{"x":515,"y":509,"width":171,"height":8}},{"id":"e8477765-345f-4e07-a9e0-7794b85ee52d","block_type":"box","text":"infectious illness or other public health issues,","page_number":2,"box":{"x":515,"y":519,"width":193,"height":8}},{"id":"d6d80bda-c55e-467a-aad0-e20f9c5a72b4","block_type":"box","text":"or other events could have a significant impact","page_number":2,"box":{"x":515,"y":529,"width":196,"height":9}},{"id":"7d32f492-6c3f-45ba-8d43-267f5aec8257","block_type":"box","text":"on the Fund and its investments.","page_number":2,"box":{"x":515,"y":540,"width":136,"height":6}},{"id":"95163c86-b22c-447b-ab3b-8d3c27add637","block_type":"box","text":"Value stocks","page_number":2,"box":{"x":514,"y":550,"width":60,"height":6}},{"id":"9aef05c0-b0a7-419d-bbad-aabd8ec4e18b","block_type":"box","text":"can perform differently","page_number":2,"box":{"x":576,"y":550,"width":98,"height":8}},{"id":"9091abd3-c3b5-491d-bbc0-037f1ddf38fe","block_type":"box","text":"from the market as a whole. They can","page_number":2,"box":{"x":514,"y":560,"width":157,"height":8}},{"id":"e6e1e9f1-b72e-4c90-ba9a-36f12c5baf6e","block_type":"box","text":"remain undervalued by the market for long","page_number":2,"box":{"x":515,"y":570,"width":179,"height":8}},{"id":"a9fceb3e-6419-4088-842f-e4556bf1e4b7","block_type":"box","text":"periods of time.","page_number":2,"box":{"x":515,"y":580,"width":64,"height":8}},{"id":"4839a7db-746d-414e-8582-b525a596725e","block_type":"box","text":"Returns on investments in stocks of","page_number":2,"box":{"x":515,"y":590,"width":151,"height":7}},{"id":"99dadb85-b5bf-4354-9c6c-e71b12eaf66d","block_type":"box","text":"large","page_number":2,"box":{"x":668,"y":590,"width":23,"height":8}},{"id":"6dfc633a-9458-4c4e-8015-28e8f1d70e4c","block_type":"box","text":"U.S. companies","page_number":2,"box":{"x":515,"y":600,"width":72,"height":8}},{"id":"c7e4c43b-f381-4f20-b413-48a07d4c9809","block_type":"box","text":"could trail the returns on","page_number":2,"box":{"x":589,"y":600,"width":103,"height":7}},{"id":"a85f0142-aaa3-4fc0-8cc8-0d8b9007fb36","block_type":"box","text":"investments in stocks of smaller and mid-sized","page_number":2,"box":{"x":515,"y":610,"width":196,"height":7}},{"id":"7fb65c28-48ee-4a4d-b83d-f4f23c73e7b2","block_type":"box","text":"companies.","page_number":2,"box":{"x":515,"y":621,"width":48,"height":7}},{"id":"b961d31f-2c51-432f-bf9b-566303ee35f8","block_type":"box","text":"Equity securities","page_number":2,"box":{"x":515,"y":630,"width":79,"height":8}},{"id":"8eb34657-926d-4415-90f1-e5c768174d69","block_type":"box","text":"may fluctuate in value and","page_number":2,"box":{"x":596,"y":630,"width":110,"height":9}},{"id":"f007b25d-f0f0-4be4-a5c4-06dc03ca9d73","block_type":"box","text":"can decline significantly in response to the","page_number":2,"box":{"x":515,"y":640,"width":178,"height":9}},{"id":"00c474a5-3bc1-426e-a117-afc5c7bc94f5","block_type":"box","text":"activities of individual companies and general","page_number":2,"box":{"x":514,"y":651,"width":192,"height":8}},{"id":"ca38562c-defa-4cf1-a45b-77f87c968299","block_type":"box","text":"market and economic conditions.","page_number":2,"box":{"x":515,"y":661,"width":140,"height":6}},{"id":"08318ee1-cee2-4338-a879-e2b95cbd1642","block_type":"box","text":"The Fund is classified as \"diversified\" under the","page_number":2,"box":{"x":514,"y":671,"width":198,"height":6}},{"id":"0a7ee5d4-d0ac-44d4-bb5a-7ab3cbfb1f7c","block_type":"box","text":"Investment Company Act of 1940, as amended","page_number":2,"box":{"x":515,"y":681,"width":196,"height":8}},{"id":"585aad73-848f-4bc0-abdd-5de95b0a6a30","block_type":"box","text":"(the \"1940 Act\"); however, the Fund may","page_number":2,"box":{"x":515,"y":691,"width":168,"height":8}},{"id":"8117f612-9509-4893-80bb-2abea0e466d6","block_type":"box","text":"become \"non-diversified,\" as defined under","page_number":2,"box":{"x":515,"y":701,"width":181,"height":8}},{"id":"a7f11944-1dab-4e53-a787-7e07805437b2","block_type":"box","text":"the 1940 Act, solely as a result of tracking the","page_number":2,"box":{"x":514,"y":711,"width":191,"height":8}},{"id":"7313af28-c7c9-4c70-8ada-12075dc7e4f3","block_type":"box","text":"Index (e.g., changes in weightings of one or","page_number":2,"box":{"x":515,"y":721,"width":178,"height":9}},{"id":"0c5000fa-1304-4585-91fe-5ab809c0b150","block_type":"box","text":"more component securities). When the Fund is","page_number":2,"box":{"x":515,"y":731,"width":194,"height":9}},{"id":"eb9abc60-bc29-4d1d-8c16-f3718bb76133","block_type":"box","text":"non-diversified, it may invest a relatively high","page_number":2,"box":{"x":515,"y":741,"width":189,"height":9}},{"id":"981fc8df-ed8f-405e-b4ae-b2b820132551","block_type":"box","text":"percentage of its assets in a limited number","page_number":2,"box":{"x":515,"y":752,"width":184,"height":8}},{"id":"d78ae3f7-6676-49f9-a4be-8eb6ad6419da","block_type":"box","text":"of issuers.","page_number":2,"box":{"x":515,"y":762,"width":42,"height":6}},{"id":"4bc7543f-e133-45e4-a974-af5618412efd","block_type":"box","text":"Passively managed funds","page_number":2,"box":{"x":515,"y":772,"width":119,"height":8}},{"id":"038e13b3-d6cd-4636-a869-46839eab567b","block_type":"box","text":"invest by","page_number":2,"box":{"x":637,"y":772,"width":38,"height":8}},{"id":"0920549f-0b63-435a-9f70-a8eece1426ab","block_type":"box","text":"sampling the index, holding a range of","page_number":2,"box":{"x":514,"y":782,"width":159,"height":8}},{"id":"389c1a2c-03cc-4642-9e7e-2e8f4f719be8","block_type":"box","text":"securities that, in the aggregate, approximates","page_number":2,"box":{"x":514,"y":792,"width":197,"height":8}},{"id":"d9326488-01c9-470a-b7cf-d40190e89e63","block_type":"box","text":"the full Index in terms of key risk factors and","page_number":2,"box":{"x":514,"y":802,"width":185,"height":8}},{"id":"0ef7cb2f-3ab0-47d2-b0a2-1dcb2e315d63","block_type":"box","text":"other characteristics. This may cause the","page_number":2,"box":{"x":515,"y":812,"width":173,"height":8}},{"id":"cfcf9e6d-a5f8-4d9f-b7c1-31c7e9f758f6","block_type":"box","text":"fund to experience tracking errors relative to","page_number":2,"box":{"x":514,"y":822,"width":188,"height":9}},{"id":"b9ba9369-96e3-4b16-8761-a508eabbe7bf","block_type":"box","text":"performance of the index.","page_number":2,"box":{"x":515,"y":832,"width":108,"height":9}},{"id":"be730046-5a9c-4853-b4f5-03f74426f633","block_type":"box","text":"While the shares of ETFs are tradable on","page_number":2,"box":{"x":514,"y":842,"width":168,"height":7}},{"id":"9194a0f4-7386-4d16-bead-79999c5543c9","block_type":"box","text":"secondary markets, they may not readily","page_number":2,"box":{"x":514,"y":853,"width":173,"height":8}},{"id":"8a6fbfdb-d468-4122-bbb5-873222377555","block_type":"box","text":"trade in all market conditions and may","page_number":2,"box":{"x":514,"y":863,"width":161,"height":8}},{"id":"daadfb5d-9150-4461-960a-e36cb508559b","block_type":"box","text":"trade at significant discounts in periods of","page_number":2,"box":{"x":514,"y":873,"width":177,"height":8}},{"id":"dc40ad20-a1fc-4005-98c9-72f18a8f155e","block_type":"box","text":"market stress","page_number":2,"box":{"x":515,"y":883,"width":65,"height":6}},{"id":"39a2a5f7-d891-459d-aa28-4fa906c5188f","block_type":"box","text":".","page_number":2,"box":{"x":580,"y":888,"width":2,"height":1}},{"id":"e5340369-9734-4b19-93c9-fa08cee89d1e","block_type":"box","text":"ETFs","page_number":2,"box":{"x":515,"y":893,"width":22,"height":7}},{"id":"506ea269-f00a-4cf5-a53c-adac17bdfbaf","block_type":"box","text":"trade like stocks, are subject to","page_number":2,"box":{"x":539,"y":893,"width":131,"height":8}},{"id":"ed884058-7b66-49fd-b824-2b1024cdc705","block_type":"box","text":"investment risk, fluctuate in market value and","page_number":2,"box":{"x":515,"y":903,"width":192,"height":8}},{"id":"1d2098c6-1625-4548-83a4-e20d171cb4a2","block_type":"box","text":"may trade at prices above or below the ETFs","page_number":2,"box":{"x":743,"y":449,"width":185,"height":8}},{"id":"693cb4c1-0061-4b1e-87c6-b692fb0967c6","block_type":"box","text":"net asset value. Brokerage commissions and","page_number":2,"box":{"x":743,"y":459,"width":186,"height":8}},{"id":"3230770b-84e4-4c1f-83ee-6f7daccb6e2c","block_type":"box","text":"ETF expenses will reduce returns.","page_number":2,"box":{"x":743,"y":469,"width":141,"height":8}},{"id":"8f4aec04-bddd-47c3-99b2-f91341a3efc0","block_type":"box","text":"Intellectual Property Information:","page_number":2,"box":{"x":743,"y":479,"width":158,"height":8}},{"id":"20b73dca-7032-400d-89e4-087ff85e6108","block_type":"box","text":"The","page_number":2,"box":{"x":904,"y":479,"width":16,"height":6}},{"id":"7eb65edb-008e-43bc-805c-a55be56ddca5","block_type":"box","text":"S&P 500","page_number":2,"box":{"x":742,"y":489,"width":39,"height":7}},{"id":"142fac14-3aac-446c-b809-69e565c1a2a6","block_type":"box","text":"®","page_number":2,"box":{"x":781,"y":488,"width":3,"height":2}},{"id":"bdf5ef64-48e7-4ba1-b0d0-3c4031e01585","block_type":"box","text":"Index is a product of S&P Dow Jones","page_number":2,"box":{"x":786,"y":489,"width":153,"height":8}},{"id":"0bfe4034-eeee-4022-b49c-7fc681d68e5c","block_type":"box","text":"Indices LLC or its affiliates (\"S&P DJI\") and","page_number":2,"box":{"x":743,"y":499,"width":177,"height":7}},{"id":"6a52b808-76f4-44e6-a05a-6ba7e0c673fb","block_type":"box","text":"have been licensed for use by State Street","page_number":2,"box":{"x":743,"y":509,"width":176,"height":8}},{"id":"34dde859-10b4-4357-9287-fde4350b1679","block_type":"box","text":"Global Advisors. S&P","page_number":2,"box":{"x":743,"y":519,"width":90,"height":7}},{"id":"4918ebd0-fa2e-4cff-b6fc-0101da759ab8","block_type":"box","text":"®","page_number":2,"box":{"x":834,"y":519,"width":2,"height":2}},{"id":"8cbd1dd8-6b1a-4409-82cb-9f85bed8e037","block_type":"box","text":", SPDR","page_number":2,"box":{"x":837,"y":519,"width":26,"height":8}},{"id":"91eb7f1b-3aee-4b36-8168-15d0cd22beb5","block_type":"box","text":"®","page_number":2,"box":{"x":864,"y":519,"width":2,"height":2}},{"id":"6561d0c0-8d9d-4c61-9e8c-a7cd4135ec39","block_type":"box","text":", S&P 500","page_number":2,"box":{"x":867,"y":519,"width":42,"height":8}},{"id":"dd7c5660-623a-4ae1-96f6-bdedc7ba8394","block_type":"box","text":"®","page_number":2,"box":{"x":910,"y":519,"width":2,"height":2}},{"id":"ced55dcf-fd53-48b4-b8c8-51b8c27fcb96","block_type":"box","text":",US","page_number":2,"box":{"x":912,"y":519,"width":14,"height":8}},{"id":"1c86ec57-1466-45dd-8f72-bdf11c8f990d","block_type":"box","text":"500 and the 500 are trademarks of Standard","page_number":2,"box":{"x":742,"y":529,"width":191,"height":7}},{"id":"1c497a09-e725-4981-bdd9-5fffde242c41","block_type":"box","text":"& Poor's Financial Services LLC (\"S&P\"); Dow","page_number":2,"box":{"x":742,"y":539,"width":189,"height":8}},{"id":"1ec0f67e-dc3a-4b92-88c7-ca94e78b2252","block_type":"box","text":"Jones","page_number":2,"box":{"x":742,"y":550,"width":26,"height":6}},{"id":"2c5206ed-7b1f-4206-8bd6-dcccc2cfb5fc","block_type":"box","text":"®","page_number":2,"box":{"x":768,"y":549,"width":2,"height":2}},{"id":"e3a887c1-207b-43db-967f-3eda55430658","block_type":"box","text":"is a registered trademark of Dow Jones","page_number":2,"box":{"x":773,"y":550,"width":164,"height":8}},{"id":"30500a8d-e65a-4b75-9cbe-280baf59e26c","block_type":"box","text":"Trademark Holdings LLC (\"Dow Jones\") and","page_number":2,"box":{"x":742,"y":559,"width":183,"height":9}},{"id":"6bdcfaed-c447-4c6b-9509-9305e95303fe","block_type":"box","text":"has been licensed for use by S&P Dow Jones","page_number":2,"box":{"x":743,"y":570,"width":186,"height":8}},{"id":"59a4b884-195e-4862-bf10-871aeace1d75","block_type":"box","text":"Indices; and these trademarks have been","page_number":2,"box":{"x":743,"y":580,"width":172,"height":7}},{"id":"0447b197-b904-41e1-8493-dcd5ef40f0b0","block_type":"box","text":"licensed for use by S&P DJI and sublicensed","page_number":2,"box":{"x":743,"y":590,"width":185,"height":8}},{"id":"bd110846-172f-40dc-828e-bd6832622a52","block_type":"box","text":"for certain purposes by State Street Global","page_number":2,"box":{"x":742,"y":600,"width":180,"height":8}},{"id":"c95221d2-b5d6-4b2b-8e28-9372606a6555","block_type":"box","text":"Advisors. The fund is not sponsored, endorsed,","page_number":2,"box":{"x":742,"y":610,"width":198,"height":8}},{"id":"00f60da3-8c12-4727-9bf1-e4abd36ef251","block_type":"box","text":"sold or promoted by S&P DJI, Dow Jones, S&P,","page_number":2,"box":{"x":742,"y":620,"width":195,"height":8}},{"id":"531f17ff-576e-437f-bce8-e70cdb5d544d","block_type":"box","text":"their respective affiliates, and none of such","page_number":2,"box":{"x":742,"y":630,"width":180,"height":9}},{"id":"0d782856-5b74-48f6-84d5-1b378c9f9581","block_type":"box","text":"parties make any representation regarding","page_number":2,"box":{"x":743,"y":641,"width":180,"height":8}},{"id":"fee16043-5f6d-46f1-8c41-19bc1c217532","block_type":"box","text":"the advisability of investing in such product(s)","page_number":2,"box":{"x":742,"y":650,"width":193,"height":9}},{"id":"2ccca02d-01b7-4739-ac8f-7421ce0fa203","block_type":"box","text":"nor do they have any liability for any errors,","page_number":2,"box":{"x":743,"y":661,"width":180,"height":8}},{"id":"cb8acaac-5a3c-4f5f-9823-95dd0926caa8","block_type":"box","text":"omissions, or interruptions of these indices.","page_number":2,"box":{"x":742,"y":671,"width":184,"height":8}},{"id":"667aad4e-7fb1-406b-8f4f-d49da298e058","block_type":"box","text":"Distributor","page_number":2,"box":{"x":743,"y":681,"width":51,"height":6}},{"id":"3f9630e3-cf09-4300-8c9d-8492f78a4ef6","block_type":"box","text":"State Street Global Advisors","page_number":2,"box":{"x":801,"y":681,"width":119,"height":6}},{"id":"14e4e744-d638-4ba3-b321-43bed8f1510f","block_type":"box","text":"Funds Distributors, LLC, member","page_number":2,"box":{"x":743,"y":691,"width":139,"height":7}},{"id":"8b284722-210c-4858-9592-c6d3b6c5d854","block_type":"box","text":"FINRA","page_number":2,"box":{"x":884,"y":691,"width":26,"height":6}},{"id":"ece67534-e0bb-4045-b055-233521c01236","block_type":"box","text":",","page_number":2,"box":{"x":911,"y":697,"width":1,"height":1}},{"id":"9ecd493a-bef1-4f44-b75b-d0182c7650b5","block_type":"box","text":"SIPC","page_number":2,"box":{"x":915,"y":691,"width":19,"height":7}},{"id":"2d6142e7-3517-4bfc-a83c-456cf14cb1e5","block_type":"box","text":",","page_number":2,"box":{"x":935,"y":697,"width":1,"height":1}},{"id":"8e3c0d4f-3c3c-4091-9ac5-86890153ca4f","block_type":"box","text":"an indirect wholly owned subsidiary of State","page_number":2,"box":{"x":742,"y":701,"width":186,"height":8}},{"id":"1fd84c8f-af4f-4dc1-a500-e05d7a966ee5","block_type":"box","text":"Street Corporation. References to State Street","page_number":2,"box":{"x":742,"y":711,"width":195,"height":8}},{"id":"fb187561-499b-4359-a564-b416ce5dc854","block_type":"box","text":"may include State Street Corporation and its","page_number":2,"box":{"x":743,"y":721,"width":187,"height":8}},{"id":"6e105c4d-a77b-4121-b96a-29692c25ae81","block_type":"box","text":"affiliates. Certain State Street affiliates provide","page_number":2,"box":{"x":742,"y":731,"width":197,"height":9}},{"id":"a2e8e246-5662-4fc5-a32b-234e7c77d32b","block_type":"box","text":"services and receive fees from the SPDR ETFs.","page_number":2,"box":{"x":742,"y":741,"width":195,"height":7}},{"id":"50daf8f9-9c51-4379-8419-82f4083893d0","block_type":"box","text":"Before investing in a fund,","page_number":2,"box":{"x":743,"y":753,"width":140,"height":10}},{"id":"aa82427d-acc3-4f4a-8fad-bacc14339016","block_type":"box","text":"consider its investment objectives,","page_number":2,"box":{"x":742,"y":766,"width":190,"height":9}},{"id":"4ef1bb20-b406-4af3-a761-424daf02a1f6","block_type":"box","text":"risks, charges, and expenses. A","page_number":2,"box":{"x":743,"y":778,"width":169,"height":10}},{"id":"e0202b67-2599-48a0-a057-3b1700bef1f1","block_type":"box","text":"prospectus (and/or summary","page_number":2,"box":{"x":743,"y":791,"width":159,"height":9}},{"id":"f6119c1e-bce9-48f4-84e8-b0352509c7a6","block_type":"box","text":"prospectus) containing this and","page_number":2,"box":{"x":743,"y":803,"width":172,"height":10}},{"id":"52ff68b7-53b4-4e6b-a546-9afc62917d22","block_type":"box","text":"other information is available at","page_number":2,"box":{"x":742,"y":816,"width":173,"height":8}},{"id":"1ed804a9-2070-4620-b9db-95c9d6998dc6","block_type":"box","text":"statestreet.com/im","page_number":2,"box":{"x":742,"y":828,"width":105,"height":9}},{"id":"6931df19-e2d3-482d-b2e9-f76419df9d40","block_type":"box","text":"or by calling","page_number":2,"box":{"x":851,"y":829,"width":66,"height":9}},{"id":"9aa8cdb7-dccb-43f9-9fd9-618b2281d03d","block_type":"box","text":"1-866-787-2257. Read it carefully.","page_number":2,"box":{"x":742,"y":841,"width":181,"height":10}},{"id":"40a2986c-abe1-43ab-9d51-682681018c25","block_type":"box","text":"3","page_number":3,"box":{"x":516,"y":961,"width":8,"height":8}},{"id":"40b644ff-ae5f-4da5-830a-c29faf743604","block_type":"box","text":"For More Information","page_number":3,"box":{"x":59,"y":532,"width":99,"height":7}},{"id":"0e9d30d1-9980-41de-9bec-af3ae4d8ed4f","block_type":"box","text":"Visit our website at www.statestreet.com/im.","page_number":3,"box":{"x":58,"y":542,"width":190,"height":7}},{"id":"96fc51a4-bb9b-41b3-abfd-3d8a66ea8135","block_type":"box","text":"Contact our SPDR ETF Sales and Support team","page_number":3,"box":{"x":59,"y":552,"width":196,"height":8}},{"id":"746f188f-75d3-400d-9d0a-2c29ddd1a650","block_type":"box","text":"at spdrseurope@ssga.com or call your local","page_number":3,"box":{"x":59,"y":563,"width":183,"height":8}},{"id":"21b50eaa-e370-4695-bf01-e1dd969a6458","block_type":"box","text":"SPDR ETF representative.","page_number":3,"box":{"x":59,"y":573,"width":108,"height":8}},{"id":"d0475e57-585d-4918-b3e3-069683f44088","block_type":"box","text":"United Kingdom: +44 (0)20 3395 6888","page_number":3,"box":{"x":59,"y":582,"width":166,"height":9}},{"id":"8fd52519-4290-4be6-9108-bdbe66d54e9c","block_type":"box","text":"Marketing Communication:","page_number":3,"box":{"x":59,"y":605,"width":128,"height":8}},{"id":"305513dd-dd68-4493-af79-dcdae99720a7","block_type":"box","text":"For Professional Investor Client/Qualified","page_number":3,"box":{"x":59,"y":615,"width":194,"height":7}},{"id":"7cbb5485-0c0c-430c-9b97-00214be9f2ea","block_type":"box","text":"Investor Use Only in the United Kingdom.","page_number":3,"box":{"x":59,"y":625,"width":192,"height":8}},{"id":"901f6652-29d1-4578-9d2c-d946b8400dd2","block_type":"box","text":"Not for public distribution.","page_number":3,"box":{"x":59,"y":635,"width":124,"height":8}},{"id":"191effea-471c-4302-a2b5-e0e5978e749b","block_type":"box","text":"This document has been issued by State","page_number":3,"box":{"x":59,"y":645,"width":170,"height":8}},{"id":"e84875a9-b8bc-4b08-a03e-a92c0c7968d3","block_type":"box","text":"Street Global Advisors Limited (\"SSGA\").","page_number":3,"box":{"x":59,"y":655,"width":169,"height":8}},{"id":"3af899bd-d60e-4781-a6dc-701b08c83db6","block_type":"box","text":"Authorised and regulated by the Financial","page_number":3,"box":{"x":58,"y":666,"width":176,"height":8}},{"id":"8c2df627-892c-4062-ab8a-79635ab46dc7","block_type":"box","text":"Conduct Authority. Registered No. 2509928.","page_number":3,"box":{"x":59,"y":676,"width":189,"height":8}},{"id":"a8f72c5b-dd60-497b-8442-cd18813e6c87","block_type":"box","text":"VAT No. 5776591 81. Registered office: 20","page_number":3,"box":{"x":58,"y":686,"width":175,"height":8}},{"id":"fce22227-909f-4593-9b51-375b16691b2c","block_type":"box","text":"Churchill Place, Canary Wharf, London,","page_number":3,"box":{"x":59,"y":696,"width":163,"height":8}},{"id":"cbd4f7dc-8410-48bf-85aa-4d16a64f0703","block_type":"box","text":"E14 5HJ. Telephone: 020 3395 6000.","page_number":3,"box":{"x":59,"y":706,"width":158,"height":8}},{"id":"a69072ad-b284-43f6-a672-937b845bba32","block_type":"box","text":"Facsimile: 020 3395 6350 Web: www.","page_number":3,"box":{"x":59,"y":716,"width":160,"height":6}},{"id":"813cbafc-19c4-442c-9763-e301e69ed97f","block_type":"box","text":"statestreet.com/im.","page_number":3,"box":{"x":59,"y":726,"width":83,"height":7}},{"id":"0e6e5438-33ed-4562-a115-c67af717e895","block_type":"box","text":"NOTICE TO PERSONS IN THE EUROPEAN","page_number":3,"box":{"x":59,"y":746,"width":189,"height":7}},{"id":"e29266ec-3d04-4244-b915-6e40ad237f37","block_type":"box","text":"ECONOMIC AREA (\"EEA\")","page_number":3,"box":{"x":59,"y":756,"width":117,"height":8}},{"id":"6b11c018-bd76-45c4-9475-173b11338455","block_type":"box","text":"The fund is permitted to market into the","page_number":3,"box":{"x":59,"y":766,"width":168,"height":9}},{"id":"722d8388-07ad-44d9-9e37-0ee6f20d1543","block_type":"box","text":"relevant EEA jurisdiction pursuant to either","page_number":3,"box":{"x":59,"y":777,"width":181,"height":8}},{"id":"1dd27060-8af4-4fc1-a3d5-8bc6b703b55b","block_type":"box","text":"Article 42 of AIFMD (if and as implemented","page_number":3,"box":{"x":58,"y":786,"width":180,"height":9}},{"id":"669cd9d1-ec44-4424-9cc4-7807661ef600","block_type":"box","text":"under national laws of such member state);","page_number":3,"box":{"x":59,"y":797,"width":180,"height":7}},{"id":"39ac2772-93bb-4493-8746-77e7e4cce99f","block_type":"box","text":"or (ii) can otherwise be lawfully offered or","page_number":3,"box":{"x":59,"y":807,"width":172,"height":8}},{"id":"bf4c6169-310e-48d6-b2e7-14abfb344de8","block_type":"box","text":"sold (including on the basis of an unsolicited","page_number":3,"box":{"x":59,"y":817,"width":184,"height":8}},{"id":"34d2455f-0830-47b0-99cd-bd68a0815aec","block_type":"box","text":"request from a professional client/qualified","page_number":3,"box":{"x":59,"y":827,"width":180,"height":8}},{"id":"ea472c24-4dd3-4f99-ac6a-2e9f6606b878","block_type":"box","text":"investor).","page_number":3,"box":{"x":59,"y":837,"width":38,"height":7}},{"id":"bb68868c-8281-4583-a114-7d22de461ff6","block_type":"box","text":"The Fund is an alternative investment","page_number":3,"box":{"x":59,"y":857,"width":177,"height":7}},{"id":"f7b14b06-a24f-4942-b10b-f52d1591a548","block_type":"box","text":"fund for the purpose of the European","page_number":3,"box":{"x":58,"y":867,"width":173,"height":9}},{"id":"06b29b79-4a99-4c00-a99d-5341c91bb209","block_type":"box","text":"Union Alternative Investment Fund","page_number":3,"box":{"x":59,"y":878,"width":164,"height":6}},{"id":"b0b54ac2-0ec7-4a12-803b-58b96424c573","block_type":"box","text":"Managers Directive (Directive 2011/61/","page_number":3,"box":{"x":59,"y":887,"width":181,"height":9}},{"id":"2113f845-fe58-45a2-99dc-85196755f0fa","block_type":"box","text":"EU) (the \"AIFMD\"). It is not a regulated","page_number":3,"box":{"x":59,"y":898,"width":177,"height":8}},{"id":"71d4f5d6-51c2-4404-bd9d-ddd25ffcb430","block_type":"box","text":"collective investment scheme for","page_number":3,"box":{"x":59,"y":908,"width":156,"height":6}},{"id":"464a5bfa-8d24-4baf-af58-abe092bc0d31","block_type":"box","text":"purposes of the Financial Services and","page_number":3,"box":{"x":287,"y":532,"width":181,"height":8}},{"id":"3d0490db-4dc6-42f6-9911-8ee12131996c","block_type":"box","text":"Markets Act 2000 of the United Kingdom","page_number":3,"box":{"x":287,"y":542,"width":193,"height":8}},{"id":"fb5fc010-947c-43ee-81b2-346ccc2b70b1","block_type":"box","text":"(\"FSMA\"). The promotion of the fund and","page_number":3,"box":{"x":287,"y":552,"width":190,"height":8}},{"id":"b1667a0e-38e2-4144-aa1f-3a34e6ceed83","block_type":"box","text":"the distribution of this material in the","page_number":3,"box":{"x":286,"y":562,"width":176,"height":7}},{"id":"6bc075f1-229b-4e08-9ca4-beb361342f78","block_type":"box","text":"UK is restricted by law to Professional","page_number":3,"box":{"x":287,"y":572,"width":177,"height":9}},{"id":"96748e43-8e95-44b4-b1ba-82fa0bb8d475","block_type":"box","text":"Investors Only. The information provided","page_number":3,"box":{"x":287,"y":583,"width":192,"height":8}},{"id":"103edef4-1491-46f7-8ae6-6ca7a55181f8","block_type":"box","text":"does not constitute tax advice, investors","page_number":3,"box":{"x":286,"y":593,"width":192,"height":7}},{"id":"0cd3af5d-4dd0-43cd-80ab-0761f88e4be6","block_type":"box","text":"should consult their tax advisors with","page_number":3,"box":{"x":286,"y":603,"width":177,"height":6}},{"id":"e1bce8db-e5a8-40b5-8a58-310be0a3fbce","block_type":"box","text":"respect to their particular tax situations","page_number":3,"box":{"x":287,"y":613,"width":188,"height":8}},{"id":"8c786929-432b-4945-8454-6e850eb6fa97","block_type":"box","text":"and the tax effects of an investment","page_number":3,"box":{"x":286,"y":623,"width":169,"height":7}},{"id":"f5da9862-2df7-4921-bc22-496028c95a26","block_type":"box","text":"in the Fund.","page_number":3,"box":{"x":287,"y":633,"width":54,"height":7}},{"id":"dbd645e4-c2fe-401d-907f-0f0497665ec1","block_type":"box","text":"The fund is an alternative investment","page_number":3,"box":{"x":286,"y":653,"width":176,"height":7}},{"id":"bc0387a6-20de-46fe-8e53-16ebfe257b48","block_type":"box","text":"fund for the purpose of the European","page_number":3,"box":{"x":286,"y":663,"width":173,"height":9}},{"id":"a975d27d-2205-41c3-88a6-16b767524c76","block_type":"box","text":"Union Alternative Investment Fund","page_number":3,"box":{"x":287,"y":674,"width":164,"height":6}},{"id":"ed4eef1a-12e0-48a2-af76-c4d3a154ad7e","block_type":"box","text":"Managers Directive (Directive 2011/61/","page_number":3,"box":{"x":287,"y":683,"width":181,"height":9}},{"id":"ba70dd21-1788-4402-8528-fa54eedb1b40","block_type":"box","text":"EU) (\"AIFMD\"). SSGA Funds Management,","page_number":3,"box":{"x":287,"y":694,"width":194,"height":8}},{"id":"c2763f47-046d-4861-8c6e-f55ab93123d2","block_type":"box","text":"Inc. or State Street Global Advisors Trust","page_number":3,"box":{"x":287,"y":704,"width":192,"height":6}},{"id":"3121581a-de3e-4887-b367-feed3252ef5d","block_type":"box","text":"Company is the alternative investment","page_number":3,"box":{"x":287,"y":714,"width":182,"height":8}},{"id":"f72ccc63-7c62-44b4-80a5-97504adfaffc","block_type":"box","text":"fund manager (\"AIFM\") of the fund.","page_number":3,"box":{"x":286,"y":724,"width":164,"height":8}},{"id":"31f7c70e-e665-484c-8ca4-22a2eed9476f","block_type":"box","text":"SSGA Funds Management, Inc. serves as the","page_number":3,"box":{"x":287,"y":746,"width":187,"height":8}},{"id":"83b31c86-b05a-488b-ae62-b8a0b7b1ae6c","block_type":"box","text":"investment advisor to the SPDR ETFs that are","page_number":3,"box":{"x":287,"y":756,"width":191,"height":7}},{"id":"37efb8c4-c00f-4fa1-b37b-baa78d22ee2c","block_type":"box","text":"registered with the United States Securities","page_number":3,"box":{"x":287,"y":766,"width":183,"height":9}},{"id":"ce13d84d-01fc-4769-ab17-21fcf5b67d71","block_type":"box","text":"and Exchange Commission under the","page_number":3,"box":{"x":287,"y":777,"width":156,"height":8}},{"id":"4adbce47-21e0-4e38-be3e-5ca7e168d669","block_type":"box","text":"Investment Company Act of 1940. SSGA Funds","page_number":3,"box":{"x":287,"y":787,"width":197,"height":8}},{"id":"ba64f5ef-b227-4c15-9465-8cbc985666ca","block_type":"box","text":"Management, Inc. is an affiliate of State Street","page_number":3,"box":{"x":287,"y":797,"width":193,"height":8}},{"id":"e0a75a22-e0d9-4240-b3f3-11432e695a56","block_type":"box","text":"Global Advisors Limited.","page_number":3,"box":{"x":287,"y":807,"width":102,"height":6}},{"id":"31e4d7cf-6a04-409b-a30a-4b217f85d98e","block_type":"box","text":"Diversification does not ensure a profit or","page_number":3,"box":{"x":287,"y":829,"width":173,"height":8}},{"id":"7e2f67c3-961f-4712-8194-4189e8376100","block_type":"box","text":"guarantee against loss.","page_number":3,"box":{"x":286,"y":839,"width":98,"height":8}},{"id":"99662bd1-5359-4a8e-8ae7-20db132afb39","block_type":"box","text":"The information provided does not constitute","page_number":3,"box":{"x":286,"y":849,"width":192,"height":8}},{"id":"144abee9-1d3f-4e87-b189-68caf8ca0076","block_type":"box","text":"investment advice as such term is defined","page_number":3,"box":{"x":287,"y":859,"width":176,"height":7}},{"id":"6db8d1fa-d51b-43c3-8225-f469bd17e5fc","block_type":"box","text":"under the Markets in Financial Instruments","page_number":3,"box":{"x":287,"y":870,"width":181,"height":6}},{"id":"682d832f-c805-4402-84f4-48fd461574eb","block_type":"box","text":"Directive (2014/65/EU) and it should not be","page_number":3,"box":{"x":287,"y":879,"width":181,"height":8}},{"id":"9eabd2d7-1a4e-4d42-b891-684a87413611","block_type":"box","text":"relied on as such. It should not be considered","page_number":3,"box":{"x":287,"y":890,"width":188,"height":6}},{"id":"74950d35-fc56-4b52-b6f0-522c2cabf313","block_type":"box","text":"a solicitation to buy or an offer to sell any","page_number":3,"box":{"x":287,"y":900,"width":171,"height":8}},{"id":"10d36ca7-a3d3-4a6d-bb6d-748225af243c","block_type":"box","text":"investment. It does not take into account any","page_number":3,"box":{"x":287,"y":910,"width":189,"height":8}},{"id":"1aca57e2-6221-4c46-bc07-474e3b3e5429","block_type":"box","text":"investor's or potential investor’s particular","page_number":3,"box":{"x":515,"y":532,"width":178,"height":8}},{"id":"7e9fde65-f9e2-4cde-9895-f5a34308ed36","block_type":"box","text":"investment objectives, strategies, tax","page_number":3,"box":{"x":515,"y":542,"width":158,"height":8}},{"id":"a2bb5c6d-e9b7-44c4-b96f-5e842ba6d23f","block_type":"box","text":"status, risk appetite or investment horizon.","page_number":3,"box":{"x":514,"y":552,"width":181,"height":8}},{"id":"815ed962-e130-4f2b-a69b-ba35218b1139","block_type":"box","text":"If you require investment advice you should","page_number":3,"box":{"x":515,"y":562,"width":182,"height":9}},{"id":"53cf0220-5efa-4ca9-b96d-7c784c731cff","block_type":"box","text":"consult your tax and financial or other","page_number":3,"box":{"x":515,"y":573,"width":159,"height":8}},{"id":"04770d55-8637-42a6-a92e-08a227447475","block_type":"box","text":"professional advisor.","page_number":3,"box":{"x":515,"y":583,"width":86,"height":8}},{"id":"059bae11-1007-4c4d-8f41-80f0f7e09283","block_type":"box","text":"Key/Investment Risk Disclosures:","page_number":3,"box":{"x":515,"y":605,"width":157,"height":8}},{"id":"722b809e-b0e7-4b0c-8eb5-ea9a24ab3a59","block_type":"box","text":"Capital at risk.","page_number":3,"box":{"x":515,"y":615,"width":67,"height":8}},{"id":"cacb8069-243a-4836-8fd5-29867985529a","block_type":"box","text":"Investing involves risk","page_number":3,"box":{"x":585,"y":615,"width":93,"height":8}},{"id":"6aa7c8e0-11fa-4406-8dbd-fe6f5ce82aaf","block_type":"box","text":"including the risk of loss of principal.","page_number":3,"box":{"x":515,"y":625,"width":151,"height":8}},{"id":"dcf5c106-862c-464a-aca7-5ad9d991d0b0","block_type":"box","text":"Foreign Securities","page_number":3,"box":{"x":515,"y":635,"width":85,"height":8}},{"id":"8bd899de-66a1-4881-b3c2-e69a6f7102d3","block_type":"box","text":"may be subject to greater","page_number":3,"box":{"x":603,"y":635,"width":107,"height":8}},{"id":"8c60f5a6-e179-43b6-8936-50541184cb43","block_type":"box","text":"political, economic, environmental, credit and","page_number":3,"box":{"x":515,"y":645,"width":191,"height":8}},{"id":"3b50467a-b3c4-4714-9f84-04074b16e455","block_type":"box","text":"information risks. Foreign securities may be","page_number":3,"box":{"x":515,"y":655,"width":183,"height":9}},{"id":"d84bed12-1d62-4653-9819-20db6e83c136","block_type":"box","text":"subject to higher volatility than U.S. securities,","page_number":3,"box":{"x":514,"y":665,"width":195,"height":9}},{"id":"9a9e289f-40bd-4b3c-9a0b-4233048055ef","block_type":"box","text":"due to varying degrees of regulation and","page_number":3,"box":{"x":515,"y":676,"width":168,"height":8}},{"id":"a4a66350-f20c-44d9-82f7-ffe3c5e26d1d","block_type":"box","text":"limited liquidity.","page_number":3,"box":{"x":515,"y":686,"width":66,"height":8}},{"id":"429bed78-a814-4677-89bc-26e2fb160650","block_type":"box","text":"Before investing, consider the funds'","page_number":3,"box":{"x":515,"y":708,"width":171,"height":8}},{"id":"e650e875-5782-41e9-8ba2-93d59b352330","block_type":"box","text":"investment objectives, risks, charges and","page_number":3,"box":{"x":515,"y":718,"width":194,"height":8}},{"id":"b72ce9cb-afa2-4592-ad15-8c02f9e96fa3","block_type":"box","text":"expenses. To obtain a prospectus which","page_number":3,"box":{"x":514,"y":728,"width":188,"height":8}},{"id":"52ac434a-55f9-4a24-9e29-f083b8ce9b22","block_type":"box","text":"contains this and other information, visit","page_number":3,"box":{"x":514,"y":738,"width":192,"height":8}},{"id":"f9ca8a64-4c14-41d3-95c8-9abb2e901965","block_type":"box","text":"www.statestreet.com/im or talk to your","page_number":3,"box":{"x":514,"y":748,"width":187,"height":8}},{"id":"e5d690dd-d30b-4b49-9b2e-2e35f5cb8ee0","block_type":"box","text":"financial advisor. Read it carefully before","page_number":3,"box":{"x":514,"y":758,"width":193,"height":8}},{"id":"59f5da9e-259e-40f9-bbf8-732b39673dc6","block_type":"box","text":"investing.","page_number":3,"box":{"x":515,"y":769,"width":45,"height":8}},{"id":"7a2fbb4d-f0c6-48f7-988f-12ed9b5d49fe","block_type":"box","text":"The whole or any part of this work may not be","page_number":3,"box":{"x":514,"y":791,"width":191,"height":8}},{"id":"95958471-cd27-488b-8e17-33269f791fca","block_type":"box","text":"reproduced, copied or transmitted or any of","page_number":3,"box":{"x":515,"y":801,"width":184,"height":8}},{"id":"d9538517-f612-492d-ad43-a9b962b852a7","block_type":"box","text":"its contents disclosed to third parties without","page_number":3,"box":{"x":515,"y":811,"width":191,"height":8}},{"id":"a4b77fdc-f517-47e2-913e-d825d9188437","block_type":"box","text":"State Street Investment Management's","page_number":3,"box":{"x":514,"y":821,"width":166,"height":8}},{"id":"84a973a2-ff2b-47a9-92a1-1e8dda706800","block_type":"box","text":"express written consent.","page_number":3,"box":{"x":515,"y":832,"width":104,"height":7}},{"id":"27798eb9-cb4d-40e3-957c-90c7ff1a7f9b","block_type":"box","text":"The information contained in this","page_number":3,"box":{"x":514,"y":853,"width":157,"height":7}},{"id":"10f24569-2ee7-4bf6-8e35-d5b4b541acde","block_type":"box","text":"communication is not a research","page_number":3,"box":{"x":514,"y":864,"width":154,"height":6}},{"id":"1781432d-a6b1-4ab1-81b4-838db3c6626c","block_type":"box","text":"recommendation or 'investment","page_number":3,"box":{"x":515,"y":874,"width":151,"height":6}},{"id":"46fe90e5-69aa-4c7b-a37e-95ceb3643572","block_type":"box","text":"research' and is classified as a 'Marketing","page_number":3,"box":{"x":515,"y":884,"width":195,"height":8}},{"id":"17a221a5-c67c-40c8-91d6-0255f2e7c040","block_type":"box","text":"Communication' in accordance with","page_number":3,"box":{"x":515,"y":894,"width":169,"height":6}},{"id":"50910872-b00e-45af-92b9-5d4b9267eb62","block_type":"box","text":"the Markets in Financial Instruments","page_number":3,"box":{"x":514,"y":904,"width":174,"height":6}},{"id":"940428e7-03a4-4ca5-8198-b74c1d311aea","block_type":"box","text":"Directive (2014/65/EU) or applicable","page_number":3,"box":{"x":743,"y":532,"width":172,"height":8}},{"id":"69ae733e-6dd6-434e-bafe-d3378af305e0","block_type":"box","text":"Swiss regulation. This means that this","page_number":3,"box":{"x":742,"y":542,"width":179,"height":8}},{"id":"4b4d6b44-c03b-43c1-946e-d7b6264c3fc0","block_type":"box","text":"marketing communication (a) has not","page_number":3,"box":{"x":743,"y":552,"width":176,"height":8}},{"id":"4e436355-36ec-46e6-bdef-c3a2c7017892","block_type":"box","text":"been prepared in accordance with legal","page_number":3,"box":{"x":743,"y":563,"width":184,"height":8}},{"id":"1aeee6df-0360-47dd-81fa-61156f59eb42","block_type":"box","text":"requirements designed to promote the","page_number":3,"box":{"x":743,"y":573,"width":181,"height":8}},{"id":"0283ff25-fbbc-4cbb-a821-08a6292c3319","block_type":"box","text":"independence of investment research","page_number":3,"box":{"x":743,"y":583,"width":178,"height":8}},{"id":"c1c1dfe3-1271-4ddc-9588-7d29e2b9412b","block_type":"box","text":"(b) is not subject to any prohibition on","page_number":3,"box":{"x":742,"y":593,"width":178,"height":8}},{"id":"80da0d19-509f-4a9d-bbd9-6169ef33761e","block_type":"box","text":"dealing ahead of the dissemination of","page_number":3,"box":{"x":742,"y":603,"width":176,"height":8}},{"id":"21ef4861-38be-49fa-8bcc-d6131e553a8b","block_type":"box","text":"investment research.","page_number":3,"box":{"x":743,"y":613,"width":100,"height":6}},{"id":"a2bbb262-3413-41ec-b53a-61ceab9b7667","block_type":"box","text":"This communication is directed at professional","page_number":3,"box":{"x":742,"y":633,"width":197,"height":8}},{"id":"851f0750-e53e-4138-a557-04126a53ae7b","block_type":"box","text":"clients (this includes eligible counterparties","page_number":3,"box":{"x":742,"y":643,"width":184,"height":8}},{"id":"dd8f5ff0-1fbf-4281-b431-fa1133d0db83","block_type":"box","text":"as defined by the appropriate EU regulator)","page_number":3,"box":{"x":742,"y":653,"width":181,"height":9}},{"id":"d9d6126a-fd70-41f3-9b4d-c1ef7c26d6f2","block_type":"box","text":"who are deemed both knowledgeable","page_number":3,"box":{"x":742,"y":664,"width":157,"height":8}},{"id":"1dac97d6-dd3d-461b-9cef-dfedee632b12","block_type":"box","text":"and experienced in matters relating to","page_number":3,"box":{"x":742,"y":674,"width":161,"height":8}},{"id":"79d569aa-f667-4bcc-9aa9-11af222b144d","block_type":"box","text":"investments. The products and services to","page_number":3,"box":{"x":743,"y":684,"width":179,"height":8}},{"id":"e7f35c85-beb3-44c6-bf1e-dac6ae47854f","block_type":"box","text":"which this communication relates are only","page_number":3,"box":{"x":742,"y":694,"width":178,"height":8}},{"id":"9795fb36-65b5-40d4-9b51-3d74dd8c2089","block_type":"box","text":"available to such persons and persons of any","page_number":3,"box":{"x":742,"y":704,"width":189,"height":8}},{"id":"d3d8eb90-6142-426f-bced-80696166ee85","block_type":"box","text":"other description (including retail clients)","page_number":3,"box":{"x":742,"y":714,"width":173,"height":8}},{"id":"549d43c6-4537-46ae-b45c-1f672de65504","block_type":"box","text":"should not rely on this communication.","page_number":3,"box":{"x":742,"y":724,"width":163,"height":8}},{"id":"cf9aca5a-5812-46d5-8916-3a458ddb67a0","block_type":"box","text":"All information is from SSGA unless otherwise","page_number":3,"box":{"x":742,"y":744,"width":193,"height":7}},{"id":"746fb6ed-ecd5-4178-b496-5aa36c31882b","block_type":"box","text":"noted and has been obtained from sources","page_number":3,"box":{"x":743,"y":754,"width":180,"height":7}},{"id":"63dfa5c1-714b-43da-a189-9ce9fe8484a3","block_type":"box","text":"believed to be reliable, but its accuracy is not","page_number":3,"box":{"x":743,"y":765,"width":188,"height":8}},{"id":"ec415a71-9f90-4f17-a8cb-b3de13b8613b","block_type":"box","text":"guaranteed. There is no representation or","page_number":3,"box":{"x":742,"y":775,"width":176,"height":8}},{"id":"555d65b4-47b3-4429-980f-39f0afba07df","block_type":"box","text":"warranty as to the current accuracy, reliability","page_number":3,"box":{"x":742,"y":785,"width":194,"height":8}},{"id":"564de8bf-2ccf-46a3-aede-719aa22f4731","block_type":"box","text":"or completeness of, nor liability for, decisions","page_number":3,"box":{"x":742,"y":795,"width":189,"height":8}},{"id":"6e9549c8-04fe-40c6-accd-32aa5d22a27c","block_type":"box","text":"based on such information and it should not be","page_number":3,"box":{"x":743,"y":805,"width":196,"height":6}},{"id":"8b49aca7-8b36-4cec-8a74-f6b7294bc434","block_type":"box","text":"relied on as such.","page_number":3,"box":{"x":743,"y":815,"width":72,"height":6}},{"id":"4e23e320-fdbc-490d-b9a0-2caf1f177df0","block_type":"box","text":"Tracking Number: 7728051.1.1.EMEA.INST","page_number":3,"box":{"x":742,"y":837,"width":175,"height":8}},{"id":"69d921f4-badd-4f72-8e9e-72b561269969","block_type":"box","text":"©","page_number":3,"box":{"x":742,"y":847,"width":5,"height":3}},{"id":"aefecdd5-c64d-4af5-9a37-e560078f9d5a","block_type":"box","text":"2026 State Street Corporation.","page_number":3,"box":{"x":749,"y":847,"width":131,"height":8}},{"id":"cda2b637-5635-4522-8227-64bed71812fa","block_type":"box","text":"All Rights Reserved.","page_number":3,"box":{"x":742,"y":857,"width":84,"height":9}},{"id":"6ff0bca9-947e-44c8-843f-46d88c68455c","block_type":"box","text":"Expiration Date: 01/31/2027","page_number":3,"box":{"x":743,"y":867,"width":116,"height":9}},{"id":"2056d39a-827d-438d-ac95-dbe34a7782a0","block_type":"box","text":"ETF-SPYV 20261007/19:16","page_number":3,"box":{"x":743,"y":877,"width":112,"height":8}}],"unit":"per_mille","page_width":612,"page_height":792,"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":"77669c54-af19-4e9d-9c12-cb9cffa71450"},"user_id":1000002,"date_created":"2026-10-08T01:15:01.792000Z","date_modified":"2026-10-08T01:15:01.792000Z","private":false}