{"annotation_id":"66a97c43-9f78-47f0-aac0-39f17ef60d2a","file_hash":"772444e9003596a23ce730a433d8095fb60407b4b69cea35d60a779fb2e1d834","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"6057bcee-eaac-49ee-8776-320c74c2f48a","block_type":"box","text":"State Street Emerging Markets ESG","page_number":1,"box":{"x":51,"y":71,"width":619,"height":23}},{"id":"7e61255b-2baa-4292-a86c-4ab3766f34cd","block_type":"box","text":"Screened Hard Currency Government","page_number":1,"box":{"x":51,"y":105,"width":658,"height":23}},{"id":"5f6e8b77-2a01-49ea-ab01-15ab5509d447","block_type":"box","text":"Bond Index Fund - I GBP","page_number":1,"box":{"x":52,"y":139,"width":409,"height":19}},{"id":"b0d01291-2cf5-423e-bd50-3b8b4fdaa613","block_type":"box","text":"Asset Class","page_number":1,"box":{"x":754,"y":46,"width":58,"height":6}},{"id":"527005f1-a9b1-46ac-98a0-29611b7b1367","block_type":"box","text":"Fixed Income","page_number":1,"box":{"x":754,"y":62,"width":71,"height":5}},{"id":"7878a056-7cd6-4be9-8494-6e4755138423","block_type":"box","text":"Fund Identifier","page_number":1,"box":{"x":754,"y":92,"width":72,"height":6}},{"id":"16c1e7e1-cc67-4d49-b071-16cc3ceb86e1","block_type":"box","text":"IE000IWU2JM9","page_number":1,"box":{"x":754,"y":106,"width":86,"height":6}},{"id":"0013148e-781b-4baf-a5f2-b6d694d05ea1","block_type":"box","text":"As of 31 Oct 2025","page_number":1,"box":{"x":753,"y":136,"width":92,"height":6}},{"id":"54c6290e-1f96-49b9-a0c1-00a78b62d669","block_type":"box","text":"SFDR Fund Classification Article 8","page_number":1,"box":{"x":754,"y":166,"width":182,"height":6}},{"id":"53b861f3-0deb-4afb-b6fa-a48609057012","block_type":"box","text":"The information presented is intend to provide transparency to investors around sustainability characteristics of the fund. Presenting this information should not be construed as a","page_number":1,"box":{"x":50,"y":212,"width":883,"height":7}},{"id":"653b0f1a-825b-4171-8ae3-2c7c58405a0e","block_type":"box","text":"representation of the fund’s current or future investment objective, nor should it be viewed as an indicator of the fund manager’s current or future investment decision-making.","page_number":1,"box":{"x":51,"y":223,"width":860,"height":7}},{"id":"f90840fa-0f5e-4253-a928-5272fafc9417","block_type":"box","text":"Source: State Street Investment Management, MSCI, CBI. Holdings as of 31 Oct 2025,","page_number":1,"box":{"x":50,"y":258,"width":424,"height":7}},{"id":"89eb233f-1a13-4341-8949-3f0d3eb65fda","block_type":"box","text":"sustainability data as of 30 Sep 2025.","page_number":1,"box":{"x":50,"y":269,"width":188,"height":7}},{"id":"f522000d-c04f-44f2-affb-c8773a66dd69","block_type":"box","text":"See Glossary for definitions and detailed calculation notes such as missing data","page_number":1,"box":{"x":50,"y":278,"width":393,"height":7}},{"id":"30644d59-72b3-4255-a781-3078eb13ac4d","block_type":"box","text":"treatment, data lag and exclusions. The results are estimates based on assumptions","page_number":1,"box":{"x":50,"y":288,"width":416,"height":8}},{"id":"2f9550d8-4ed1-4004-b5c8-26beb3d0f8f6","block_type":"box","text":"and analysis made by State Street Investment Management. They are not intended to","page_number":1,"box":{"x":50,"y":299,"width":423,"height":7}},{"id":"ddc054b3-a375-437a-b591-42e0f775b484","block_type":"box","text":"represent actual results of any offering.","page_number":1,"box":{"x":51,"y":310,"width":192,"height":7}},{"id":"ddb85a40-f942-475c-a6ee-0862c0f06539","block_type":"box","text":"Actual results may differ.","page_number":1,"box":{"x":50,"y":321,"width":123,"height":7}},{"id":"ff0cb584-86f5-45a9-8d32-19af1632d1e5","block_type":"box","text":"Green Bonds","page_number":1,"box":{"x":50,"y":363,"width":97,"height":8}},{"id":"657d783e-51ca-4edb-b260-8541a8979023","block_type":"box","text":"1.18%","page_number":1,"box":{"x":112,"y":393,"width":50,"height":7}},{"id":"297ca36e-e9f4-4d6a-8f75-e461a9ce8833","block_type":"box","text":"Adverse Sustainability Indicator","page_number":1,"box":{"x":50,"y":441,"width":241,"height":10}},{"id":"dc37f66d-28e8-4183-ac35-1634c63f0006","block_type":"box","text":"Sovereign - Additional Social","page_number":1,"box":{"x":50,"y":467,"width":154,"height":8}},{"id":"b6a67c48-5f47-4c6e-9831-7fe2b08a42e8","block_type":"box","text":"Average Income Inequality Score","page_number":1,"box":{"x":50,"y":515,"width":165,"height":7}},{"id":"14d758df-6536-4d19-a031-d9218ed3714d","block_type":"box","text":"44.86","page_number":1,"box":{"x":359,"y":516,"width":38,"height":6}},{"id":"49e577e2-d8d3-4083-8888-04511e5fede8","block_type":"box","text":"Average Freedom Of Expression Score","page_number":1,"box":{"x":50,"y":531,"width":195,"height":7}},{"id":"b5731f8d-b683-4d85-aa95-2565f0f62651","block_type":"box","text":"59.36","page_number":1,"box":{"x":359,"y":532,"width":38,"height":6}},{"id":"7ee22385-d992-4e8e-a799-51bd78250c17","block_type":"box","text":"Sovereign - Governance","page_number":1,"box":{"x":50,"y":553,"width":129,"height":7}},{"id":"e9aaa75b-67fc-41fc-9bb3-39c51aa720e0","block_type":"box","text":"Average Corruption Score","page_number":1,"box":{"x":50,"y":600,"width":131,"height":8}},{"id":"b14d2ad8-c0a8-47db-9a56-5c099c950203","block_type":"box","text":"40.68","page_number":1,"box":{"x":359,"y":602,"width":38,"height":5}},{"id":"1570c8cd-efb7-4d58-947e-57a26c514593","block_type":"box","text":"Sovereign - Jurisdictions","page_number":1,"box":{"x":50,"y":622,"width":133,"height":8}},{"id":"008ca308-9d96-42a7-a345-5a4daaf06315","block_type":"box","text":"Average Political Stability Score","page_number":1,"box":{"x":50,"y":670,"width":159,"height":7}},{"id":"cd8cfd7b-2b75-4a2d-ab1a-f10c72338c8c","block_type":"box","text":"6.03","page_number":1,"box":{"x":367,"y":671,"width":30,"height":6}},{"id":"b4cd06d6-5311-4ba6-93ac-95a11bde7e2a","block_type":"box","text":"Average Rule Of Law Score","page_number":1,"box":{"x":50,"y":686,"width":136,"height":7}},{"id":"4df5a144-9dfe-4550-9634-60237d82f338","block_type":"box","text":"-0.12","page_number":1,"box":{"x":361,"y":687,"width":36,"height":6}},{"id":"e4d40bff-e17a-4932-8465-b62c7208590a","block_type":"box","text":"ESG Score","page_number":1,"box":{"x":535,"y":258,"width":79,"height":9}},{"id":"477e9f60-2a16-4a5d-8b69-d18c3e6aaf96","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":608,"y":281,"width":41,"height":6}},{"id":"8a84217b-9467-4af9-8b0e-93b0f64482ea","block_type":"box","text":"4.30","page_number":1,"box":{"x":608,"y":293,"width":80,"height":16}},{"id":"1eb7ed88-cf76-4ffd-86d5-32ebed833b4e","block_type":"box","text":"ESG Rating","page_number":1,"box":{"x":770,"y":258,"width":84,"height":11}},{"id":"e5bb7029-fb3f-4fb9-b9b6-30aae4b9afc1","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":842,"y":281,"width":42,"height":6}},{"id":"ac1969bf-9601-46ec-b0df-86eae7faf74b","block_type":"box","text":"BBB","page_number":1,"box":{"x":844,"y":293,"width":58,"height":15}},{"id":"bbafe4ee-7452-4e09-9d6e-629f8e08e003","block_type":"box","text":"ESG Rating Distribution","page_number":1,"box":{"x":516,"y":363,"width":176,"height":10}},{"id":"e3406f24-e805-4540-a2cb-280b2dbb0dcd","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":907,"y":387,"width":41,"height":6}},{"id":"35faf674-a94e-48d9-b03f-26bf501825b5","block_type":"box","text":"ESG Leaders","page_number":1,"box":{"x":516,"y":402,"width":65,"height":5}},{"id":"d2c53179-e454-467c-960c-9be22c8ce225","block_type":"box","text":"0.00%","page_number":1,"box":{"x":910,"y":403,"width":38,"height":6}},{"id":"b34d26d9-0681-4055-9d58-25fe7cdcedcd","block_type":"box","text":"ESG Average","page_number":1,"box":{"x":516,"y":417,"width":66,"height":8}},{"id":"9ee6e2d9-50ee-4299-88cc-7d95295317eb","block_type":"box","text":"92.36%","page_number":1,"box":{"x":903,"y":418,"width":45,"height":6}},{"id":"fe232b6d-9087-43ab-9ae8-633c3ed42a0a","block_type":"box","text":"ESG Laggards","page_number":1,"box":{"x":516,"y":433,"width":71,"height":7}},{"id":"def68f10-b22d-421e-92f1-7ad78fb26110","block_type":"box","text":"5.07%","page_number":1,"box":{"x":911,"y":434,"width":37,"height":6}},{"id":"4803e2bd-5927-4db6-8c6c-bbb9712d1679","block_type":"box","text":"ESG Not Covered","page_number":1,"box":{"x":516,"y":449,"width":88,"height":6}},{"id":"17847ae7-574b-4ca0-8b28-daacd1bcf317","block_type":"box","text":"2.56%","page_number":1,"box":{"x":911,"y":450,"width":37,"height":6}},{"id":"bf73b4fd-174c-4de0-8e45-dee035b36e99","block_type":"box","text":"Weighted Average Carbon Intensity","page_number":1,"box":{"x":515,"y":487,"width":268,"height":10}},{"id":"4a9737b5-7dc7-4585-b603-9e29bcf29105","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":760,"y":523,"width":39,"height":5}},{"id":"2c59fa4c-e643-4837-a5a8-d4c55a2cc429","block_type":"box","text":"Coverage %","page_number":1,"box":{"x":892,"y":513,"width":56,"height":6}},{"id":"54869b3a-a385-4659-9c12-17ca85994c3c","block_type":"box","text":"MV Portfolio","page_number":1,"box":{"x":891,"y":523,"width":57,"height":5}},{"id":"d4bcd38c-fbc4-46bc-bc01-0e2cedc424e1","block_type":"box","text":"Scope 1 Exclude LULUCF","page_number":1,"box":{"x":515,"y":536,"width":118,"height":7}},{"id":"db5dd2f4-a706-4fb7-b155-dbe453e0b8d7","block_type":"box","text":"234.02","page_number":1,"box":{"x":757,"y":537,"width":41,"height":6}},{"id":"185e008b-ab3e-4ce0-8a70-7f966f7d04e2","block_type":"box","text":"88.92","page_number":1,"box":{"x":913,"y":537,"width":35,"height":6}},{"id":"70efb1d1-d2ec-4352-870b-fe7434c7586a","block_type":"box","text":"Scope 1 Include LULUCF","page_number":1,"box":{"x":515,"y":552,"width":115,"height":6}},{"id":"b4c5705e-0a9c-4af0-87e4-415852f50a1b","block_type":"box","text":"280.10","page_number":1,"box":{"x":757,"y":553,"width":42,"height":5}},{"id":"b38886f8-5bfc-4a01-84f7-f54d22e35c0c","block_type":"box","text":"88.92","page_number":1,"box":{"x":913,"y":553,"width":35,"height":5}},{"id":"e984d20a-8412-4608-8631-6f3f52978c19","block_type":"box","text":"Consumption","page_number":1,"box":{"x":516,"y":567,"width":62,"height":7}},{"id":"b73bb48b-8a79-4040-aec6-b4022d7870b8","block_type":"box","text":"222.47","page_number":1,"box":{"x":757,"y":568,"width":42,"height":5}},{"id":"095ab041-c103-46cc-9e0c-3a7506ddb6e5","block_type":"box","text":"88.92","page_number":1,"box":{"x":913,"y":568,"width":35,"height":6}},{"id":"793930b4-b2b7-4808-aabe-2494b17190f3","block_type":"box","text":"Total Carbon Emissions","page_number":1,"box":{"x":516,"y":604,"width":177,"height":9}},{"id":"6cffbb25-7628-4364-9336-6ac131812b67","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":757,"y":640,"width":42,"height":6}},{"id":"a1a0b50f-c12b-46da-afd5-35c1e8d81153","block_type":"box","text":"Coverage %","page_number":1,"box":{"x":888,"y":629,"width":60,"height":7}},{"id":"d93c8fcc-7805-4037-b751-61fd73175d69","block_type":"box","text":"MV Portfolio","page_number":1,"box":{"x":887,"y":640,"width":61,"height":6}},{"id":"904d7063-441f-443f-9a35-606a61ea9199","block_type":"box","text":"Scope 1 Exclude LULUCF","page_number":1,"box":{"x":516,"y":654,"width":126,"height":7}},{"id":"ed144312-8524-4f7c-939d-6bf6e9c1b86c","block_type":"box","text":"236,303.44","page_number":1,"box":{"x":723,"y":655,"width":76,"height":7}},{"id":"7702bfaa-c7bb-423e-a544-6bf307c70db7","block_type":"box","text":"88.92","page_number":1,"box":{"x":911,"y":655,"width":37,"height":6}},{"id":"d7ad0979-ce0e-4ac1-9531-871a1981f066","block_type":"box","text":"Scope 1 Include LULUCF","page_number":1,"box":{"x":516,"y":670,"width":122,"height":7}},{"id":"5b8cad93-85b8-4653-8b36-3468e3bd0c25","block_type":"box","text":"282,830.26","page_number":1,"box":{"x":723,"y":671,"width":76,"height":7}},{"id":"c07eaa35-ced2-4c74-a041-65254d8acfae","block_type":"box","text":"88.92","page_number":1,"box":{"x":911,"y":671,"width":37,"height":6}},{"id":"81f15ab8-1937-4784-9e58-a6251c584ab1","block_type":"box","text":"Consumption","page_number":1,"box":{"x":516,"y":685,"width":67,"height":7}},{"id":"1d64b397-99bd-456d-b793-ebdb25174feb","block_type":"box","text":"224,638.69","page_number":1,"box":{"x":723,"y":686,"width":75,"height":8}},{"id":"e6dbe2f0-899a-4cec-9fbe-f1b5a5dd9089","block_type":"box","text":"88.92","page_number":1,"box":{"x":911,"y":686,"width":37,"height":6}},{"id":"65372099-af07-4d8d-b5c2-53520832c8a2","block_type":"box","text":"Government Freedom Status","page_number":1,"box":{"x":516,"y":722,"width":221,"height":8}},{"id":"3373203a-ba74-4dcf-9ede-18a6ecd28b14","block_type":"box","text":"(Market Value)","page_number":1,"box":{"x":516,"y":737,"width":63,"height":6}},{"id":"ecb1b58a-c3fb-4fb1-80cc-083369293664","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":624,"y":767,"width":39,"height":5}},{"id":"d6b74039-e35c-427c-9367-4f9ada0395c5","block_type":"box","text":"Free","page_number":1,"box":{"x":533,"y":787,"width":20,"height":5}},{"id":"d348114d-98ca-48a5-adba-79176bd08973","block_type":"box","text":"47.20%","page_number":1,"box":{"x":616,"y":788,"width":46,"height":6}},{"id":"fd82d348-1a3c-4cd9-ad9c-1faac739bbf7","block_type":"box","text":"Partially Free","page_number":1,"box":{"x":533,"y":807,"width":60,"height":6}},{"id":"d826a8c1-db0b-4944-9bb6-b3407ffb1cb4","block_type":"box","text":"41.54%","page_number":1,"box":{"x":616,"y":808,"width":46,"height":6}},{"id":"2f4eebad-cb27-4708-b26d-a1ab63fe0dfe","block_type":"box","text":"Not Free","page_number":1,"box":{"x":533,"y":827,"width":39,"height":5}},{"id":"eeeddca8-bcaa-40f3-898a-76fd65219f22","block_type":"box","text":"2.12%","page_number":1,"box":{"x":624,"y":828,"width":38,"height":6}},{"id":"56457aa0-9996-4789-89cd-1be8d1879917","block_type":"box","text":"No Data","page_number":1,"box":{"x":533,"y":847,"width":37,"height":5}},{"id":"fc87e26a-c818-41dd-ba32-112b762f8ad7","block_type":"box","text":"9.15%","page_number":1,"box":{"x":624,"y":848,"width":38,"height":6}},{"id":"d2867b0a-0c75-4283-b06b-b5a3b2297bfa","block_type":"box","text":"Report ID: 5088586.1","page_number":1,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"29cc9229-442c-4f86-b032-4ec1533771c7","block_type":"box","text":"Published: 18 Nov 2025","page_number":1,"box":{"x":496,"y":968,"width":129,"height":7}},{"id":"69498ae7-cb90-4602-a27f-6c8021ffce21","block_type":"box","text":"P","page_number":1,"box":{"x":902,"y":968,"width":5,"height":6}},{"id":"1cdb2cbb-df2c-404b-9eb6-5f0007853d63","block_type":"box","text":"a","page_number":1,"box":{"x":908,"y":970,"width":5,"height":4}},{"id":"6557b154-a8ab-42eb-897c-feb64f6efe55","block_type":"box","text":"g","page_number":1,"box":{"x":913,"y":970,"width":6,"height":5}},{"id":"f9731d21-18c7-4456-85b7-5fffe6c414fd","block_type":"box","text":"e","page_number":1,"box":{"x":919,"y":970,"width":5,"height":4}},{"id":"28875c52-4a99-40a6-bef6-12e181aab41a","block_type":"box","text":"1","page_number":1,"box":{"x":927,"y":968,"width":2,"height":6}},{"id":"0575fb52-0940-469c-b39e-8ff77efab1dd","block_type":"box","text":"of","page_number":1,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"1ae8b6b8-d189-424f-825d-11f4a5d20471","block_type":"box","text":"5","page_number":1,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"5700ebbf-8837-4cb6-a3a9-82bcb9320927","block_type":"box","text":"Glossary","page_number":2,"box":{"x":51,"y":57,"width":129,"height":19}},{"id":"d8e9bb94-7fc9-4657-b92d-1c4bd1af4937","block_type":"box","text":"Sustainability data is as of the date identified in the report sections","page_number":2,"box":{"x":50,"y":92,"width":394,"height":9}},{"id":"c70c95d0-03b3-4fd0-b0b3-a832c54529dd","block_type":"box","text":"above, usually on a month lag. All metrics are reported in USD unless","page_number":2,"box":{"x":50,"y":105,"width":406,"height":9}},{"id":"ad070173-40f7-4a35-841b-192c60821b96","block_type":"box","text":"otherwise stated.","page_number":2,"box":{"x":50,"y":118,"width":102,"height":7}},{"id":"bff1a606-31de-4747-8de8-094d193b3826","block_type":"box","text":"Data Treatments:","page_number":2,"box":{"x":51,"y":135,"width":111,"height":7}},{"id":"4d2b4fac-2e20-4d06-abeb-6edd2d4131a1","block_type":"box","text":"State Street applies the data treatments where appli","page_number":2,"box":{"x":168,"y":135,"width":310,"height":9}},{"id":"5d7fedcb-70b7-4f71-b4ae-b9d90ef34660","block_type":"box","text":"cable to Sustainability Metrics. To review the data treatments and the","page_number":2,"box":{"x":50,"y":148,"width":413,"height":9}},{"id":"cff40feb-6c3e-416b-b8b3-8094c663c693","block_type":"box","text":"metrics they are applied to please see the data treatments table below.","page_number":2,"box":{"x":51,"y":161,"width":419,"height":9}},{"id":"f612e2cc-9233-4dd7-a8b3-7248a2e0c455","block_type":"box","text":"ESG Score/ESG Rating - MSCI:","page_number":2,"box":{"x":51,"y":178,"width":194,"height":9}},{"id":"c4793e16-a25b-494e-98d5-e03376491a2d","block_type":"box","text":"Provide an opinion of sovereign and","page_number":2,"box":{"x":249,"y":178,"width":210,"height":9}},{"id":"8da42de3-4595-4978-98ff-277ef2175d89","block_type":"box","text":"sub-sovereign entities’ exposure to and management of ESG risks. MSCI","page_number":2,"box":{"x":50,"y":191,"width":429,"height":9}},{"id":"0dd90f0c-7d93-4996-9f74-5fb11d820ff0","block_type":"box","text":"ESG Research defines ESG risks to sovereign or sub sovereign entities","page_number":2,"box":{"x":51,"y":204,"width":417,"height":9}},{"id":"4962d444-8e1e-4473-8685-bf51234c0922","block_type":"box","text":"as environmental, social, or governance-related issues that could impact","page_number":2,"box":{"x":50,"y":217,"width":430,"height":9}},{"id":"6981219b-f3a2-4b05-80d8-a5b223f2c789","block_type":"box","text":"the long-term sustainability of their economies. MSCI ESG Government","page_number":2,"box":{"x":50,"y":230,"width":423,"height":9}},{"id":"3feb9e83-1616-486a-b9a6-85171c98be46","block_type":"box","text":"Ratings are determined for countries, local authorities, and supranational","page_number":2,"box":{"x":51,"y":243,"width":431,"height":8}},{"id":"7704b8d1-35ec-4d15-aa25-9ddb772cebce","block_type":"box","text":"administrative bodies and are relative to a global peer set. Each rating","page_number":2,"box":{"x":50,"y":256,"width":413,"height":8}},{"id":"84f6fcf4-9607-4e1c-93f4-278bb77b871a","block_type":"box","text":"takes into consideration measures of environmental risk and manage","page_number":2,"box":{"x":50,"y":268,"width":410,"height":9}},{"id":"6d6eec6e-125a-4a46-aff5-cfd8f7093b02","block_type":"box","text":"ment, knowledge and social capital, and the strength of financial, judicial,","page_number":2,"box":{"x":51,"y":281,"width":428,"height":9}},{"id":"b6bad377-6ce3-4c2f-8345-ebd97aecec93","block_type":"box","text":"and political systems. ESG Government Scores are calculated for all","page_number":2,"box":{"x":50,"y":294,"width":404,"height":9}},{"id":"7a2d1375-69cd-47f8-8d03-1f2787dc4893","block_type":"box","text":"countries and then converted into a letter rating. The AAA rating rep","page_number":2,"box":{"x":50,"y":307,"width":405,"height":9}},{"id":"fef44a69-02c7-45ea-b431-d8c7cf65c6a1","block_type":"box","text":"resents the highest ESG Rating (i.e., lower ESG risk exposure and stron","page_number":2,"box":{"x":51,"y":319,"width":416,"height":9}},{"id":"e0cc366a-5225-4391-af87-15774f3fbaec","block_type":"box","text":"ger risk management) whereas the CCC rating represents the lowest","page_number":2,"box":{"x":50,"y":332,"width":408,"height":9}},{"id":"ed8d9735-190d-4bb8-8782-1b66e61a44cf","block_type":"box","text":"ESG Rating (i.e., higher ESG risk exposure and weaker risk management).","page_number":2,"box":{"x":51,"y":345,"width":432,"height":9}},{"id":"02775705-962e-43b0-9375-2aba87a4111a","block_type":"box","text":"ESG Ratings Distribution - MSCI","page_number":2,"box":{"x":51,"y":363,"width":203,"height":9}},{"id":"f2e19cd4-c676-493f-986b-fb3591ac2284","block_type":"box","text":"ESG Leaders: Rated AAA or AA:","page_number":2,"box":{"x":78,"y":380,"width":203,"height":7}},{"id":"47b5643f-23be-4249-a165-ce93282aff95","block_type":"box","text":"Issuers(sovereign) that have","page_number":2,"box":{"x":285,"y":380,"width":167,"height":9}},{"id":"5243b0d2-8d35-4de7-88ea-9e0fce979ea5","block_type":"box","text":"strong management of financially relevant environmental, social and","page_number":2,"box":{"x":77,"y":393,"width":404,"height":9}},{"id":"70158f60-3843-48b1-aad2-c64b81cbb4d7","block_type":"box","text":"AA governance issues.","page_number":2,"box":{"x":77,"y":406,"width":135,"height":9}},{"id":"63a32b8e-5296-425d-a276-2fdde92769f3","block_type":"box","text":"ESG Average: Rated A, BBB or BB:","page_number":2,"box":{"x":78,"y":424,"width":217,"height":8}},{"id":"bf1735f0-0922-4ed5-8596-bc9dd2340ced","block_type":"box","text":"Issuers(sovereign) that have","page_number":2,"box":{"x":299,"y":423,"width":166,"height":9}},{"id":"f81a7298-70ae-4082-8eac-6533fcfb5cc6","block_type":"box","text":"average management of ESG issues.","page_number":2,"box":{"x":77,"y":436,"width":217,"height":9}},{"id":"e5f1a16b-295d-4dc7-a9b0-f29c49b1d4c9","block_type":"box","text":"ESG Laggards: Rated B or CCC:","page_number":2,"box":{"x":78,"y":454,"width":199,"height":9}},{"id":"aef260ec-7b52-4c67-ac91-6979c07fce9e","block_type":"box","text":"Issuers(sovereign) that do not","page_number":2,"box":{"x":282,"y":454,"width":175,"height":9}},{"id":"1b29fef4-09f8-4b2f-86f3-381083ed65ab","block_type":"box","text":"demonstrate adequate management of the financially relevant ESG","page_number":2,"box":{"x":77,"y":467,"width":400,"height":9}},{"id":"6d9f2640-1118-4c00-b737-8188d1edcdad","block_type":"box","text":"risks that they face.","page_number":2,"box":{"x":78,"y":480,"width":114,"height":8}},{"id":"4f715c9e-75bb-4b3b-ad3c-358903921a37","block_type":"box","text":"ESG Not Covered:","page_number":2,"box":{"x":78,"y":497,"width":113,"height":7}},{"id":"76194eae-61b4-451f-8eb6-7bdcadbed592","block_type":"box","text":"Issuers(sovereign) which have not been evaluat","page_number":2,"box":{"x":195,"y":497,"width":280,"height":9}},{"id":"14508b42-f701-4145-89a6-5b0c870a9713","block_type":"box","text":"ed for ESG sustainability risks.","page_number":2,"box":{"x":77,"y":510,"width":179,"height":9}},{"id":"d3aae55d-ff46-441f-b9fd-041ee5628528","block_type":"box","text":"Green Bonds – CBI:","page_number":2,"box":{"x":50,"y":528,"width":123,"height":7}},{"id":"185e5e22-999c-4059-bc58-e80e4a1ca5ff","block_type":"box","text":"Market Value of Securities with Green Bonds as","page_number":2,"box":{"x":177,"y":528,"width":281,"height":7}},{"id":"caed1604-f7fd-4642-96f3-5100db09cd6f","block_type":"box","text":"a Percentage of the Total Market Value of all Securities in the Portfolio.","page_number":2,"box":{"x":50,"y":540,"width":416,"height":9}},{"id":"cff9a397-f18c-4f41-aef9-da8a3a75f861","block_type":"box","text":"Bonds are identified as green if they meet the criteria for Climate Bonds","page_number":2,"box":{"x":51,"y":553,"width":423,"height":9}},{"id":"bd577a06-bbed-4f97-8b9a-aa67b89cf51b","block_type":"box","text":"Initiative’s (CBI) green labelled database. For more information on the","page_number":2,"box":{"x":51,"y":566,"width":408,"height":9}},{"id":"e44f27a2-76c6-4aa7-b598-f6036f7a5d6f","block_type":"box","text":"Green Bond Database methodology, please visit","page_number":2,"box":{"x":50,"y":579,"width":286,"height":9}},{"id":"a4321b35-a118-4d1d-a1b9-9ec71a03535f","block_type":"box","text":"https://www.climate","page_number":2,"box":{"x":340,"y":579,"width":116,"height":9}},{"id":"f955d54e-5c77-4bd3-bd7b-8d24250fbcbc","block_type":"box","text":"bonds.net/data-insights/market-data/green-bond-dataset-methodology","page_number":2,"box":{"x":51,"y":592,"width":431,"height":9}},{"id":"cab320e6-94bf-40c2-9585-bb05c02068d5","block_type":"box","text":"Adverse Sustainability Indicators(Weighted Average) - MSCI","page_number":2,"box":{"x":50,"y":609,"width":387,"height":9}},{"id":"f43fd7ea-89ba-475b-9ae8-7f256df87f81","block_type":"box","text":"Average Income Inequality Score(Weighted):","page_number":2,"box":{"x":77,"y":627,"width":286,"height":9}},{"id":"eb88ce98-6512-46f0-947f-4bcdc2733001","block_type":"box","text":"measures the","page_number":2,"box":{"x":367,"y":627,"width":80,"height":7}},{"id":"b30fe96f-5939-436c-a3a7-77d06750d472","block_type":"box","text":"extent to which the distribution of income (or, in some cases, con","page_number":2,"box":{"x":77,"y":640,"width":382,"height":8}},{"id":"8ce2d8ce-dd41-4216-9caa-5568b22915c5","block_type":"box","text":"sumption expenditure) among individuals or households within an","page_number":2,"box":{"x":77,"y":652,"width":388,"height":9}},{"id":"0c5f77da-cad0-4052-acf9-7f5a28e885d6","block_type":"box","text":"economy deviates from a perfectly equal distribution.","page_number":2,"box":{"x":77,"y":665,"width":317,"height":9}},{"id":"a1bdf0be-f64a-4fcd-81bb-273148fe8a1b","block_type":"box","text":"Average Corruption Score(Weighted):","page_number":2,"box":{"x":77,"y":683,"width":242,"height":9}},{"id":"06854980-fb2f-4ca3-a4bb-cd764a5bffcf","block_type":"box","text":"Perceptions of public-sec","page_number":2,"box":{"x":324,"y":683,"width":151,"height":9}},{"id":"f48b8a96-258a-466e-bd67-1717130d3bfa","block_type":"box","text":"tor corruption, including bribery, diversion of public funds, use of","page_number":2,"box":{"x":77,"y":696,"width":381,"height":9}},{"id":"54d5eaed-0030-428c-af3d-7cb1442e6b19","block_type":"box","text":"public office for private gain, nepotism in the civil service, state","page_number":2,"box":{"x":78,"y":709,"width":369,"height":8}},{"id":"70739921-9373-4efe-9703-0a41c84ae791","block_type":"box","text":"capture and mechanisms available to prevent corruption.","page_number":2,"box":{"x":77,"y":722,"width":339,"height":8}},{"id":"01bc8087-a814-4434-a489-ff7187e349c6","block_type":"box","text":"Average Rule of Law Score(Weighted):","page_number":2,"box":{"x":77,"y":739,"width":245,"height":9}},{"id":"bbf1531e-0f7a-4a50-a6a5-f20e536cdb9e","block_type":"box","text":"measures the strength","page_number":2,"box":{"x":326,"y":739,"width":133,"height":9}},{"id":"0e7dc858-445a-47c5-bc6d-6c2e280dc702","block_type":"box","text":"and predictability of a country’s legal system and institutions. As","page_number":2,"box":{"x":77,"y":752,"width":379,"height":9}},{"id":"533ab21c-dcf9-4368-bd3e-9a318961e6d8","block_type":"box","text":"sesses factors like: Protection of property rights, Contract enforce","page_number":2,"box":{"x":77,"y":765,"width":392,"height":8}},{"id":"7c716f87-6dfe-48fd-9fb7-a1238d48bf2a","block_type":"box","text":"ment, Absence of corruption, Public safety and security.","page_number":2,"box":{"x":78,"y":778,"width":331,"height":8}},{"id":"8a51485e-cefa-4d1d-8481-698e0b5f5ec3","block_type":"box","text":"Average Freedom of Expression Score(Weighted):","page_number":2,"box":{"x":77,"y":795,"width":319,"height":9}},{"id":"402c0a6a-06f1-4858-9114-a7b014c502e1","block_type":"box","text":"assesses","page_number":2,"box":{"x":399,"y":797,"width":55,"height":5}},{"id":"e8424cb3-74fa-4873-9d72-ee7b22237481","block_type":"box","text":"the extent to which countries and their citizens enjoy freedom of","page_number":2,"box":{"x":77,"y":808,"width":381,"height":9}},{"id":"708e0180-626f-4aaf-b72e-b34f7187d7c6","block_type":"box","text":"expression. It evaluates the protection and promotion of fundamen","page_number":2,"box":{"x":77,"y":821,"width":395,"height":8}},{"id":"5cbb8a57-9462-4c42-8c9b-816b1e80cbdc","block_type":"box","text":"tal freedoms, including freedom of speech, press, assembly, and","page_number":2,"box":{"x":77,"y":834,"width":379,"height":8}},{"id":"02256c45-3bca-4554-8bbd-dc0d266205a8","block_type":"box","text":"association.","page_number":2,"box":{"x":77,"y":847,"width":70,"height":6}},{"id":"a4e327eb-219c-4b9c-a25f-3f02a73a1a86","block_type":"box","text":"Average Political Stability Score(Weighted):","page_number":2,"box":{"x":77,"y":864,"width":280,"height":9}},{"id":"aa84a6ca-2ecb-4c21-9402-b8d71f41d24c","block_type":"box","text":"assesses the poten","page_number":2,"box":{"x":361,"y":864,"width":114,"height":9}},{"id":"c912266f-4a48-465c-a2dd-95f2972a17fe","block_type":"box","text":"tial adverse impacts of investment decisions on sustainability fac","page_number":2,"box":{"x":77,"y":877,"width":385,"height":8}},{"id":"0e1417f8-d88d-4d65-8d94-680e653a1b0a","block_type":"box","text":"tors. Analyzes various factors related to political stability, including","page_number":2,"box":{"x":77,"y":890,"width":393,"height":8}},{"id":"002220d6-f506-4428-8719-7c961b4a2142","block_type":"box","text":"government stability, internal conflict, and external conflict.","page_number":2,"box":{"x":77,"y":902,"width":350,"height":9}},{"id":"2e31c6b7-ae81-4655-9a42-64765dabde41","block_type":"box","text":"Sovereign - Weighted Average Carbon Intensity - MSCI:","page_number":2,"box":{"x":50,"y":920,"width":355,"height":9}},{"id":"2f493691-74e0-44bb-acc3-811b3a12cad4","block_type":"box","text":"Weighted","page_number":2,"box":{"x":409,"y":920,"width":56,"height":9}},{"id":"cd2093b7-a076-4c90-993f-9ab22efb58bf","block_type":"box","text":"Average Carbon Intensity (WACI) evaluates a portfolio’s relative expo","page_number":2,"box":{"x":515,"y":92,"width":409,"height":9}},{"id":"0d7d955e-6d66-4b2e-9718-f44d9994e479","block_type":"box","text":"sure to carbon intensive economies. Portfolio-weighted GHG emis","page_number":2,"box":{"x":515,"y":105,"width":393,"height":9}},{"id":"165f14f6-44d6-41cf-b1f8-1a6f91b840c9","block_type":"box","text":"sions per sovereign GDP. (PPP GDP (PPP-adjusted GDP of the country","page_number":2,"box":{"x":515,"y":117,"width":418,"height":9}},{"id":"9e31c64d-0376-4dd1-9672-c289b5e88675","block_type":"box","text":"expressed in millions of US dollars.)","page_number":2,"box":{"x":515,"y":130,"width":209,"height":9}},{"id":"e626a98a-1949-4f87-939c-66bda10e6f80","block_type":"box","text":"Scope 1 (exclude LULUCF) – MSCI:","page_number":2,"box":{"x":542,"y":148,"width":218,"height":9}},{"id":"00de6f9c-f1a5-431b-bf47-40384d261a60","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":766,"y":148,"width":180,"height":9}},{"id":"89eae1bd-8105-4922-af15-1e49501a2444","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":161,"width":401,"height":9}},{"id":"72e37403-1d7e-43e7-95fb-ebac2aebb794","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":174,"width":406,"height":8}},{"id":"82e21134-3729-4e1b-aed2-da0bf4077818","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located with","page_number":2,"box":{"x":542,"y":187,"width":400,"height":7}},{"id":"eea11d93-b567-4918-9559-f1877796c013","block_type":"box","text":"in the country/territory. Values exclude land use, land-use change","page_number":2,"box":{"x":542,"y":199,"width":387,"height":9}},{"id":"7cb8a2ba-1ec8-4dce-9296-983aa138c604","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":212,"width":138,"height":9}},{"id":"d7c27e7a-8719-44d7-b5ad-660f76c4c4ac","block_type":"box","text":"Scope 1 (include LULUCF) – MSCI:","page_number":2,"box":{"x":542,"y":230,"width":215,"height":8}},{"id":"2a1267f2-635b-4431-8db3-8d79f495ffac","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":761,"y":230,"width":179,"height":8}},{"id":"5196c572-49fc-4677-abfe-ea7e30de3658","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":242,"width":401,"height":9}},{"id":"d25e8f6f-cbe5-4310-b549-0c1a9ef24e81","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":255,"width":406,"height":9}},{"id":"ee7c8342-b435-4011-8a00-d67e023d49bd","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located","page_number":2,"box":{"x":542,"y":268,"width":373,"height":7}},{"id":"8c19a685-8ebe-4a05-bbd4-6128e0f91959","block_type":"box","text":"within the country territory. Values include land use, land-use change","page_number":2,"box":{"x":542,"y":281,"width":407,"height":9}},{"id":"afc31783-53eb-42f9-a4d0-ce61e9e2add3","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":294,"width":138,"height":9}},{"id":"e9541f10-9579-4599-adb9-4126003f3e1d","block_type":"box","text":"Consumption (Scope 1 exclude LULUCF + scope 2+3 - exported","page_number":2,"box":{"x":542,"y":311,"width":402,"height":9}},{"id":"700ad730-e365-49f2-95a9-b8003e394a86","block_type":"box","text":"emissions) – MSCI:","page_number":2,"box":{"x":542,"y":324,"width":119,"height":8}},{"id":"3d5f723c-4bf4-461b-9fad-5d11fdd149c6","block_type":"box","text":"The estimated consumption emissions for the","page_number":2,"box":{"x":665,"y":324,"width":272,"height":9}},{"id":"7bf76aa7-20c3-4d82-877f-93c128850eee","block_type":"box","text":"country/territory (if available), in tons of CO2 equivalent per year","page_number":2,"box":{"x":542,"y":337,"width":382,"height":9}},{"id":"c4ff6924-fab3-4b6c-b7ff-5e04b6e83487","block_type":"box","text":"(tCO2e/yr). MSCI ESG Research calculates consumption emissions","page_number":2,"box":{"x":542,"y":350,"width":401,"height":9}},{"id":"c3f2d16a-1fe9-405a-b089-e7c8462697d1","block_type":"box","text":"based on Scope 1 emissions excl. LULUCF plus Scope 2 and Scope","page_number":2,"box":{"x":542,"y":363,"width":397,"height":8}},{"id":"9c3345d8-14b0-4395-bb3c-da2c6f1f6eaf","block_type":"box","text":"3 emissions minus exported emissions.","page_number":2,"box":{"x":542,"y":376,"width":231,"height":8}},{"id":"0d719946-0dda-4699-90d1-116acd8e4dfe","block_type":"box","text":"Total Carbon Emissions – MSCI:","page_number":2,"box":{"x":515,"y":393,"width":202,"height":7}},{"id":"d8eae8b4-38e2-4196-821b-b1c484547891","block_type":"box","text":"Total carbon emissions includes all","page_number":2,"box":{"x":723,"y":393,"width":206,"height":7}},{"id":"3583b859-e163-41c1-9bd1-8b82272573e5","block_type":"box","text":"greenhouse gas emissions produced within a country’s borders from all","page_number":2,"box":{"x":515,"y":406,"width":421,"height":9}},{"id":"c889e1dc-9183-4159-a17b-0f89d8a61e4d","block_type":"box","text":"sources, including energy production, industry, agriculture, and trans","page_number":2,"box":{"x":515,"y":419,"width":405,"height":9}},{"id":"807106a6-0451-4aa7-b28a-7dc11709e8a3","block_type":"box","text":"portation apportioned by","page_number":2,"box":{"x":515,"y":432,"width":150,"height":8}},{"id":"cb892337-755d-4231-8245-6d6b00e497be","block_type":"box","text":"PPP GDP","page_number":2,"box":{"x":668,"y":432,"width":58,"height":7}},{"id":"4e00dea0-62f4-49e1-948c-f98a36caaa7a","block_type":"box","text":"(PPP-adjusted GDP of the country","page_number":2,"box":{"x":729,"y":431,"width":203,"height":9}},{"id":"bb02183f-d869-4b49-bb37-a6937efb4b61","block_type":"box","text":"expressed in millions of US dollar).","page_number":2,"box":{"x":515,"y":444,"width":202,"height":9}},{"id":"b9faa7d2-02c6-4043-af9b-ce3582cf918e","block_type":"box","text":"Scope 1 (excluding LULUCF) MSCI:","page_number":2,"box":{"x":542,"y":462,"width":220,"height":9}},{"id":"671d7c7d-aadf-414d-8e74-569b5bb5d2c6","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":765,"y":462,"width":180,"height":9}},{"id":"cf849938-b445-47f2-8c74-a5a092442c09","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":475,"width":401,"height":9}},{"id":"d29ca7f2-1a12-4f73-a00a-e3bddbffd8c1","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":488,"width":406,"height":8}},{"id":"d5919fe1-0187-4c32-873b-b28d454f5fdc","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located with","page_number":2,"box":{"x":542,"y":501,"width":400,"height":7}},{"id":"8d697992-1cf5-4c67-9a6d-53c24b870278","block_type":"box","text":"in the country/territory. Values exclude land use, land-use change","page_number":2,"box":{"x":542,"y":513,"width":387,"height":9}},{"id":"f85f7158-a0db-4eb9-a278-694366d0afee","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":526,"width":138,"height":9}},{"id":"265adb65-4005-4689-a8ed-526b03d038ad","block_type":"box","text":"Scope 1 (including LULUCF) MSCI:","page_number":2,"box":{"x":542,"y":544,"width":217,"height":9}},{"id":"e3858bc0-df62-4788-9c27-aaa77fcd7463","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":762,"y":544,"width":180,"height":8}},{"id":"d77a4e0f-c767-46e9-8c04-52ea26c8b8e7","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":556,"width":401,"height":9}},{"id":"d26c7e7b-cf5d-4e55-8417-99f8f569f2b4","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":569,"width":406,"height":9}},{"id":"ec927642-8664-47f4-89d1-eb3ba4eb55f7","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located","page_number":2,"box":{"x":542,"y":582,"width":373,"height":7}},{"id":"404f27de-da74-4b91-99f4-3b3fa58f77e8","block_type":"box","text":"within the country territory. Values include land use, land-use change","page_number":2,"box":{"x":542,"y":595,"width":407,"height":9}},{"id":"8d22eb2f-d8c6-4675-ab14-3c9064eeadea","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":608,"width":138,"height":9}},{"id":"7882c94c-817d-4f34-b930-88a9541d5863","block_type":"box","text":"Consumption (Scope 1 exclude LULUCF + scope 2+3 - exported","page_number":2,"box":{"x":542,"y":625,"width":402,"height":9}},{"id":"ab6536fb-c0bc-4e41-9328-ec9ce4c4eb9c","block_type":"box","text":"emissions) – MSCI:","page_number":2,"box":{"x":542,"y":638,"width":119,"height":8}},{"id":"7fb91bde-92f7-40e2-aebf-445676226f27","block_type":"box","text":"The estimated consumption emissions for the","page_number":2,"box":{"x":665,"y":638,"width":272,"height":9}},{"id":"797bc4c4-39ae-4740-9f83-76efc9668c61","block_type":"box","text":"country/territory (if available), in tons of CO2 equivalent per year","page_number":2,"box":{"x":542,"y":651,"width":382,"height":9}},{"id":"a254b49d-2e2a-4ccf-a9e3-b0ce8991a45b","block_type":"box","text":"(tCO2e/yr). MSCI ESG Research calculates consumption emissions","page_number":2,"box":{"x":542,"y":664,"width":401,"height":9}},{"id":"72a2dfdc-4ac7-4af5-a813-b9123cd2f437","block_type":"box","text":"based on Scope 1 emissions excl. LULUCF plus Scope 2 and Scope","page_number":2,"box":{"x":542,"y":677,"width":397,"height":8}},{"id":"8bf2430b-9677-450e-a424-c12ab50996cf","block_type":"box","text":"3 emissions minus exported emissions.","page_number":2,"box":{"x":542,"y":690,"width":231,"height":8}},{"id":"ac4e1e2c-9e23-4290-9685-3c17e97dd0c7","block_type":"box","text":"Government Freedom Status MSCI:","page_number":2,"box":{"x":515,"y":707,"width":226,"height":7}},{"id":"826bddd8-4bce-4c27-8852-3162e9300365","block_type":"box","text":"Free:","page_number":2,"box":{"x":542,"y":725,"width":31,"height":7}},{"id":"736e5c7d-18c8-46a8-afea-db6e55757d2c","block_type":"box","text":"Countries with strong political rights and civil liberties.","page_number":2,"box":{"x":577,"y":725,"width":318,"height":9}},{"id":"6bb7cb28-e8f1-4775-97cc-bfd3b92e2647","block_type":"box","text":"Partially Free:","page_number":2,"box":{"x":542,"y":742,"width":88,"height":9}},{"id":"6beb88ee-8fef-4018-bb8e-f763bb305cc8","block_type":"box","text":"Countries where some political rights and civil liber","page_number":2,"box":{"x":634,"y":742,"width":301,"height":9}},{"id":"29903373-49c4-4e45-a417-706ed7d7b2ef","block_type":"box","text":"ties are present, but there are challenges and limitations.","page_number":2,"box":{"x":542,"y":755,"width":334,"height":9}},{"id":"2d181a0c-9e0b-4482-9ca6-ba407ab67363","block_type":"box","text":"Not Free:","page_number":2,"box":{"x":542,"y":773,"width":57,"height":7}},{"id":"fbc85b0a-b8e2-4a40-9f8b-04b62949fb37","block_type":"box","text":"Countries where political rights and civil liberties are","page_number":2,"box":{"x":603,"y":773,"width":308,"height":9}},{"id":"2e272f76-c56f-4926-9146-07f133b462d6","block_type":"box","text":"largely absent.","page_number":2,"box":{"x":542,"y":786,"width":86,"height":8}},{"id":"4e4c45d3-edcb-4d0e-8360-9be0ad9a8a29","block_type":"box","text":"No Data:","page_number":2,"box":{"x":542,"y":803,"width":54,"height":7}},{"id":"9e5ce041-72b3-4294-8aab-9ce0afc82d88","block_type":"box","text":"No data available to evaluate a country’s government","page_number":2,"box":{"x":600,"y":803,"width":314,"height":9}},{"id":"2a16e669-ef04-4d02-898a-3f39275880f5","block_type":"box","text":"based on political rights and civil liberties.","page_number":2,"box":{"x":542,"y":816,"width":245,"height":9}},{"id":"75e23ff3-e942-4c31-9286-7a5d73834d25","block_type":"box","text":"Report ID: 5088586.1","page_number":2,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"27e4faaf-336f-4063-aaa4-8076749490af","block_type":"box","text":"Published: 18 Nov 2025","page_number":2,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"60e0175b-8d36-41fb-931a-88626f8f68ca","block_type":"box","text":"P","page_number":2,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"20fbf73f-5962-4507-a7a9-ff30f3c01b6d","block_type":"box","text":"a","page_number":2,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"7da1111b-b932-4e1f-b3b3-2c369abf9163","block_type":"box","text":"g","page_number":2,"box":{"x":911,"y":970,"width":5,"height":5}},{"id":"660da24a-1d05-4de5-a745-6f05118bcedc","block_type":"box","text":"e","page_number":2,"box":{"x":916,"y":970,"width":6,"height":4}},{"id":"9ba19cc0-8a6a-459b-b9db-a824c2bf9622","block_type":"box","text":"2","page_number":2,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"ac76d7f7-4a39-407c-8913-b4d6abb5baf7","block_type":"box","text":"of","page_number":2,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"a6eaf46c-3fe0-4596-a444-a4fe6ecf1521","block_type":"box","text":"5","page_number":2,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"57feafc6-8242-46d2-aabf-c49979d8051d","block_type":"box","text":"Sustainability Sovereign Bond Portfolio Characteristics","page_number":3,"box":{"x":50,"y":44,"width":441,"height":11}},{"id":"bd69d4e6-ec8d-4f4e-8d41-1a12e9950251","block_type":"box","text":"Data Treatments:","page_number":3,"box":{"x":51,"y":81,"width":92,"height":6}},{"id":"6d0974cd-07c2-4f7d-a379-ede47afe9d96","block_type":"box","text":"1. Exclusions - Exclude positions for specific security types that are not expected to have a score / rating. (Cash*, Cash Equivalents**, Derivatives, Rights and Warrants)","page_number":3,"box":{"x":50,"y":96,"width":821,"height":8}},{"id":"d1499d47-0b1c-4471-9941-1d65baa38ce6","block_type":"box","text":"2. Exclude securities without a value for a particular metric.","page_number":3,"box":{"x":50,"y":112,"width":291,"height":7}},{"id":"9d712f75-17b9-49d9-930a-9410e8e56f0b","block_type":"box","text":"3. Rebalance the position weights of covered securities.","page_number":3,"box":{"x":50,"y":128,"width":274,"height":7}},{"id":"00bca112-a973-4ec8-afd1-1e0599d83a8c","block_type":"box","text":"Attributes","page_number":3,"box":{"x":50,"y":162,"width":55,"height":6}},{"id":"2cf0cf2a-6789-4770-9686-f6b65871c154","block_type":"box","text":"Exclusions","page_number":3,"box":{"x":345,"y":162,"width":56,"height":6}},{"id":"b3513547-5385-46b0-85fa-c81cf7baaa61","block_type":"box","text":"Additional Exclusions","page_number":3,"box":{"x":569,"y":162,"width":115,"height":6}},{"id":"b4b97ef1-c92a-44d7-ae36-d7abb32563cd","block_type":"box","text":"Missing Data Treatment","page_number":3,"box":{"x":767,"y":162,"width":127,"height":8}},{"id":"683ac498-30e7-42d9-a5f1-7d9b5247eb96","block_type":"box","text":"MSCI ESG Score","page_number":3,"box":{"x":51,"y":178,"width":83,"height":6}},{"id":"ac201af5-a160-4253-8e08-c2ac205fb637","block_type":"box","text":"1.Cash and Cash Equivalents*","page_number":3,"box":{"x":344,"y":224,"width":146,"height":7}},{"id":"2b516794-7659-4216-abbe-8642b7dbe2fb","block_type":"box","text":"2. Derivatives **","page_number":3,"box":{"x":344,"y":235,"width":79,"height":5}},{"id":"7948d180-eb5d-45cf-839b-313eeab48c2f","block_type":"box","text":"3. Rights and Warrants","page_number":3,"box":{"x":344,"y":245,"width":112,"height":8}},{"id":"1e2ab851-687c-4143-9394-bd2254508185","block_type":"box","text":"4.Securities without a Score or Rating","page_number":3,"box":{"x":344,"y":256,"width":186,"height":7}},{"id":"c8244a75-b8bd-4cb5-8885-9b1dad86324d","block_type":"box","text":"N/A","page_number":3,"box":{"x":569,"y":240,"width":19,"height":6}},{"id":"77828ee7-0677-43f5-8cc1-8cf035a45c61","block_type":"box","text":"N/A","page_number":3,"box":{"x":767,"y":240,"width":19,"height":6}},{"id":"83d43ea2-2f04-40a1-8b39-00f788be269b","block_type":"box","text":"MSCI ESG Rating","page_number":3,"box":{"x":51,"y":194,"width":86,"height":7}},{"id":"2df1e21a-b3b7-4f19-92f1-c5f787530e87","block_type":"box","text":"MSCI Weighted Average Carbon Intensity","page_number":3,"box":{"x":51,"y":209,"width":206,"height":7}},{"id":"f206ee6e-6cdb-4bf7-8575-8c0a5dfa7789","block_type":"box","text":"MSCI Carbon Emissions","page_number":3,"box":{"x":51,"y":224,"width":119,"height":6}},{"id":"83ae4d98-e7b6-4d7a-820e-53d3065653d1","block_type":"box","text":"MSCI Average Income Inequality Score(Weighted)","page_number":3,"box":{"x":51,"y":240,"width":248,"height":7}},{"id":"6332c03f-ce0f-45e5-9080-d889389edab0","block_type":"box","text":"MSCI Average Freedom of Expression Score(Weighted)","page_number":3,"box":{"x":51,"y":255,"width":275,"height":8}},{"id":"16f1acaa-52de-41d9-aac1-1528e509b88e","block_type":"box","text":"MSCI Average Corruption Score(Weighted)","page_number":3,"box":{"x":51,"y":271,"width":214,"height":7}},{"id":"7e60cbd8-7b3f-46b5-8cb7-201d960774ba","block_type":"box","text":"MSCI Average Political Stability Score(Weighted)","page_number":3,"box":{"x":51,"y":286,"width":242,"height":8}},{"id":"a48e53d5-89ce-4c40-8b3b-3bfc3b618fa8","block_type":"box","text":"Average Rule of Law Score(Weighted)","page_number":3,"box":{"x":50,"y":302,"width":188,"height":7}},{"id":"a6ea46e2-9afb-4ea2-b582-8975c2059b8e","block_type":"box","text":"MSCI ESG Ratings Distribution","page_number":3,"box":{"x":51,"y":317,"width":151,"height":7}},{"id":"a981f1e7-ffc7-497d-8758-57eb9d25e6e0","block_type":"box","text":"1. Cash and Cash Equivalents *","page_number":3,"box":{"x":344,"y":330,"width":151,"height":7}},{"id":"37204a44-4dad-4ffc-9ea3-a434add86362","block_type":"box","text":"2. Derivatives **","page_number":3,"box":{"x":344,"y":340,"width":79,"height":6}},{"id":"df2db124-4042-4b3d-9384-c58051983a6b","block_type":"box","text":"3. Rights and Warrants","page_number":3,"box":{"x":344,"y":351,"width":112,"height":7}},{"id":"43616bde-26a9-4a4f-a40c-2bbe6bc0ec29","block_type":"box","text":"N/A","page_number":3,"box":{"x":569,"y":340,"width":19,"height":7}},{"id":"de025935-fb2f-46e9-a527-e69d5c7097a6","block_type":"box","text":"N/A","page_number":3,"box":{"x":767,"y":340,"width":19,"height":7}},{"id":"6b1a19e1-d802-4577-8408-8f892791e636","block_type":"box","text":"Government Freedom Status","page_number":3,"box":{"x":50,"y":333,"width":145,"height":5}},{"id":"9338398b-aa56-41bd-b9ba-88837b4f4d8f","block_type":"box","text":"CBI Green Bonds","page_number":3,"box":{"x":50,"y":348,"width":86,"height":6}},{"id":"8166ebca-3deb-476b-a4bd-85610692d129","block_type":"box","text":"Coverage for each ESG Attributes","page_number":3,"box":{"x":50,"y":363,"width":169,"height":8}},{"id":"db2075de-d5e7-444d-a1ac-535a13b10e58","block_type":"box","text":"* Cash and Cash Equivalents: Cash, Cash Collateral, Money Market, Money Market Fund","page_number":3,"box":{"x":50,"y":379,"width":464,"height":7}},{"id":"b462f4ab-905e-4e20-98d7-160745406612","block_type":"box","text":"** Derivatives: Futures, Options, Swaps, Swaptions, Forwards","page_number":3,"box":{"x":50,"y":389,"width":324,"height":8}},{"id":"1ea4f92e-f24d-4c6e-948e-8cbf0a4edbca","block_type":"box","text":"Report ID: 5088586.1","page_number":3,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"9c21d3d0-3aa5-414a-b341-e98617cf9e82","block_type":"box","text":"Published: 18 Nov 2025","page_number":3,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"1cde2617-3b51-4dc6-87bb-6caecfddf81b","block_type":"box","text":"P","page_number":3,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"fd3b911e-d10d-4982-94e3-6d3cedfc9343","block_type":"box","text":"a","page_number":3,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"1882ee71-d74f-419c-b03c-8678b9fb9bd1","block_type":"box","text":"g","page_number":3,"box":{"x":911,"y":970,"width":5,"height":5}},{"id":"3556077b-f7ed-4fa3-884d-7a2dbbe7ada7","block_type":"box","text":"e","page_number":3,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"dc959418-c04b-46f4-bcd1-2aabf28fd288","block_type":"box","text":"3","page_number":3,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"ce0bb0a9-3f71-41e0-8b49-49680fedf903","block_type":"box","text":"of","page_number":3,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"136562c2-7ce6-4c58-8d6d-29cea23126e4","block_type":"box","text":"5","page_number":3,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"458f223a-d49d-4151-9058-507e1f79caab","block_type":"box","text":"Disclosures","page_number":4,"box":{"x":52,"y":58,"width":166,"height":15}},{"id":"4f7d56f3-16d2-44f8-a4a4-f17609e4ebb6","block_type":"box","text":"State Street Global Advisors (SSGA) is now State Street Investment","page_number":4,"box":{"x":50,"y":92,"width":433,"height":8}},{"id":"d5bc3ec8-ebc1-48eb-8862-e30afbd61a47","block_type":"box","text":"Management. Please click here for more information.","page_number":4,"box":{"x":51,"y":105,"width":336,"height":9}},{"id":"d5b9d018-deda-4dfa-bae7-70d8c25ce197","block_type":"box","text":"Marketing Communication","page_number":4,"box":{"x":51,"y":122,"width":170,"height":9}},{"id":"eaacfa23-17c0-4cac-b067-4dad2ce6edd7","block_type":"box","text":"For institutional / professional investors use only.","page_number":4,"box":{"x":51,"y":140,"width":310,"height":9}},{"id":"a72b3356-1e61-492b-9208-d97ce16c36e5","block_type":"box","text":"The information presented above is intended to provide transparency","page_number":4,"box":{"x":50,"y":158,"width":414,"height":8}},{"id":"2d45965d-659c-4bd4-8187-012f12423ee4","block_type":"box","text":"to investors around sustainability characteristics of the fund. Present","page_number":4,"box":{"x":50,"y":170,"width":408,"height":9}},{"id":"554a4e07-cd34-42b6-8db2-9228213ffd9c","block_type":"box","text":"ing this information should not be construed as a representation of the","page_number":4,"box":{"x":51,"y":183,"width":415,"height":9}},{"id":"42365339-d03f-43b0-8fbf-cc2bffaa8333","block_type":"box","text":"fund’s current or future investment objective, nor should it be viewed as","page_number":4,"box":{"x":50,"y":196,"width":422,"height":9}},{"id":"1d458728-42b8-4ad6-926f-8a4a88121b2f","block_type":"box","text":"an indicator of the fund manager’s current or future investment deci","page_number":4,"box":{"x":50,"y":209,"width":401,"height":9}},{"id":"0c16d5e5-ce59-4320-aa64-137e63a04ef1","block_type":"box","text":"sion-making.","page_number":4,"box":{"x":50,"y":222,"width":76,"height":8}},{"id":"8df6c537-1938-479f-bafb-2a46cddd1977","block_type":"box","text":"Investing involves risk including the risk of loss of principal.","page_number":4,"box":{"x":51,"y":239,"width":344,"height":9}},{"id":"b20642f7-7ef3-48f8-819c-2bf27bce3ab0","block_type":"box","text":"The whole or any part of this work may not be reproduced, copied or","page_number":4,"box":{"x":50,"y":257,"width":405,"height":9}},{"id":"b3c54681-0c91-4e8a-a9fc-f3684de093fd","block_type":"box","text":"transmitted or any of its contents disclosed to third parties without SS","page_number":4,"box":{"x":50,"y":270,"width":414,"height":8}},{"id":"ba8aa85e-b6c3-406b-a821-cf096770c873","block_type":"box","text":"GA’s express written consent.","page_number":4,"box":{"x":50,"y":283,"width":176,"height":8}},{"id":"ec0c4c2d-dc3f-4937-afa1-f0fa3b195387","block_type":"box","text":"All information is from SSGA unless otherwise noted and has been","page_number":4,"box":{"x":50,"y":300,"width":393,"height":7}},{"id":"d428592d-4435-434c-872a-2a0b9286c606","block_type":"box","text":"obtained from sources believed to be reliable, but its accuracy is not","page_number":4,"box":{"x":50,"y":313,"width":404,"height":9}},{"id":"663054f8-9876-4ccd-9130-5a567229c5bf","block_type":"box","text":"guaranteed. There is no representation or warranty as to the current","page_number":4,"box":{"x":50,"y":326,"width":407,"height":9}},{"id":"abc48d64-a5da-407b-86bd-1b8743a92f40","block_type":"box","text":"accuracy, reliability or completeness of, nor liability for, decisions based","page_number":4,"box":{"x":50,"y":339,"width":422,"height":8}},{"id":"ab3a59ba-8ce9-4fe2-8544-52eb99e60dbc","block_type":"box","text":"on such information and it should not be relied on as such.","page_number":4,"box":{"x":50,"y":351,"width":342,"height":7}},{"id":"5b8714c1-794d-44ff-b2a4-cab33a3e56e7","block_type":"box","text":"The information provided does not constitute investment advice as such","page_number":4,"box":{"x":50,"y":369,"width":430,"height":9}},{"id":"1df9664e-bc19-4fae-bbae-55b1db6e5130","block_type":"box","text":"term is defined under the Markets in Financial Instruments Directive","page_number":4,"box":{"x":50,"y":382,"width":402,"height":7}},{"id":"37f9c166-b546-42c9-bbd7-71fc4683b71b","block_type":"box","text":"(2014/65/EU) or applicable Swiss regulation and it should not be relied on","page_number":4,"box":{"x":51,"y":394,"width":432,"height":9}},{"id":"2493d476-a541-4d4d-9b7a-1397dddbec06","block_type":"box","text":"as such. It should not be considered a solicitation to buy or an offer to sell","page_number":4,"box":{"x":50,"y":407,"width":431,"height":9}},{"id":"a0f49f54-52cd-4010-9f84-49f3f4062dab","block_type":"box","text":"any investment. It does not take into account any investor’s or potential","page_number":4,"box":{"x":50,"y":420,"width":421,"height":9}},{"id":"a2f3079c-444a-4e71-8479-8aa945f5bf35","block_type":"box","text":"investor’s particular investment objectives, strategies, tax status, risk ap","page_number":4,"box":{"x":51,"y":433,"width":425,"height":9}},{"id":"7f50662e-9eea-4bb6-9b62-6e79352e11d4","block_type":"box","text":"petite or investment horizon. If you require investment advice you should","page_number":4,"box":{"x":51,"y":446,"width":428,"height":9}},{"id":"68946c8b-c4b7-4525-bf15-9af03623cb70","block_type":"box","text":"consult your tax and financial or other professional advisor.","page_number":4,"box":{"x":50,"y":459,"width":349,"height":8}},{"id":"fb0d1c0a-680f-43ce-81b6-efa067b1026b","block_type":"box","text":"The information contained in this communication is not a research","page_number":4,"box":{"x":50,"y":476,"width":422,"height":7}},{"id":"9acafc32-3214-4474-bc19-4591ebb55c96","block_type":"box","text":"recommendation or ‘investment research’ and is classified as a","page_number":4,"box":{"x":51,"y":489,"width":399,"height":7}},{"id":"1fa24666-76e6-4a84-a1ca-99bef06d0674","block_type":"box","text":"‘Marketing Communication’ in accordance with the applicable","page_number":4,"box":{"x":50,"y":502,"width":395,"height":9}},{"id":"f118486f-13f3-49a2-ac0b-3ca65b190b86","block_type":"box","text":"regional regulation. This means that this marketing communication","page_number":4,"box":{"x":51,"y":515,"width":426,"height":9}},{"id":"282611cc-1014-435d-bce1-83fca77afe65","block_type":"box","text":"(a) has not been prepared in accordance with legal requirements","page_number":4,"box":{"x":51,"y":527,"width":411,"height":9}},{"id":"9bb1944b-837d-4534-90a8-e2ce43096fca","block_type":"box","text":"designed to promote the independence of investment research (b)","page_number":4,"box":{"x":50,"y":540,"width":422,"height":9}},{"id":"9e198707-b53f-4fd8-9018-86f37cbc74dc","block_type":"box","text":"is not subject to any prohibition on dealing ahead of the dissemina","page_number":4,"box":{"x":51,"y":553,"width":418,"height":9}},{"id":"1fd2a235-bcf7-4273-872a-33e57037b167","block_type":"box","text":"tion of investment research.","page_number":4,"box":{"x":50,"y":566,"width":178,"height":7}},{"id":"32e521ad-b71f-46b6-aaee-61857321d480","block_type":"box","text":"This communication is directed at professional clients (this includes","page_number":4,"box":{"x":50,"y":584,"width":402,"height":8}},{"id":"5545f431-9373-47b4-82a2-b0b8cdbde5f4","block_type":"box","text":"eligible counterparties as defined by the appropriate EU regulator) who","page_number":4,"box":{"x":50,"y":596,"width":421,"height":9}},{"id":"6f92ada0-9a08-4715-bdbc-ef3113b3949e","block_type":"box","text":"are deemed both knowledgeable and experienced in matters relating to","page_number":4,"box":{"x":50,"y":609,"width":425,"height":9}},{"id":"566c4d7a-d11e-4ded-98d7-6da3c481c5ad","block_type":"box","text":"investments. The products and services to which this communication","page_number":4,"box":{"x":51,"y":622,"width":410,"height":9}},{"id":"323ac510-fe71-4477-a2b0-fbc4d40ba9a6","block_type":"box","text":"relates are only available to such persons and persons of any other de","page_number":4,"box":{"x":51,"y":635,"width":412,"height":9}},{"id":"06febc70-1cfd-4787-9038-e44afc0979fd","block_type":"box","text":"scription (including retail clients) should not rely on this communication.","page_number":4,"box":{"x":50,"y":648,"width":424,"height":9}},{"id":"e1c16262-dbbf-4bbe-ad3a-0d50eb60191d","block_type":"box","text":"Bonds generally present less short-term risk and volatility than stocks,","page_number":4,"box":{"x":51,"y":666,"width":415,"height":8}},{"id":"0839235f-eaa2-408d-b43a-abffb9b53e17","block_type":"box","text":"but contain interest rate risk (as interest rates raise, bond prices usually","page_number":4,"box":{"x":51,"y":678,"width":422,"height":9}},{"id":"3880ab96-d13c-489a-bb34-9c90c7720a6e","block_type":"box","text":"fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk.","page_number":4,"box":{"x":50,"y":691,"width":418,"height":9}},{"id":"a2ebb403-3039-4f48-ab9c-4f957bee45fd","block_type":"box","text":"These effects are usually pronounced for longer-term securities. Any","page_number":4,"box":{"x":50,"y":704,"width":409,"height":9}},{"id":"b7dd2364-9901-467d-9700-1b0be9325d0f","block_type":"box","text":"fixed income security sold or redeemed prior to maturity may be subject","page_number":4,"box":{"x":50,"y":717,"width":429,"height":8}},{"id":"044d947a-ee32-42be-bba8-74b7a5a17a4d","block_type":"box","text":"to a substantial gain or loss.","page_number":4,"box":{"x":50,"y":730,"width":163,"height":8}},{"id":"baf02372-dbc4-434e-a5f4-9af3655405f5","block_type":"box","text":"ETFs trade like stocks, are subject to investment risk, fluctuate in market","page_number":4,"box":{"x":51,"y":747,"width":429,"height":9}},{"id":"39981f8c-60ff-416d-8d24-feb65f2fa72c","block_type":"box","text":"value and may trade at prices above or below the ETFs net asset value.","page_number":4,"box":{"x":50,"y":760,"width":419,"height":9}},{"id":"ecd830fe-8392-4522-ae51-8dc73f66548f","block_type":"box","text":"Brokerage commissions and ETF expenses will reduce returns.","page_number":4,"box":{"x":51,"y":773,"width":372,"height":9}},{"id":"fb227dd7-d286-4b43-875c-2bc9a7667e88","block_type":"box","text":"The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its","page_number":4,"box":{"x":50,"y":790,"width":415,"height":9}},{"id":"f876e9a3-3eb4-4e8c-a73f-91c3ea3819f3","block_type":"box","text":"affiliates (“S&P DJI”) and have been licensed for use by State Street","page_number":4,"box":{"x":50,"y":803,"width":400,"height":9}},{"id":"64815cc8-a367-4892-baf9-a402bbad7ef5","block_type":"box","text":"Global Advisors. S&P®, SPDR®, S&P 500®,US 500 and the 500 are","page_number":4,"box":{"x":50,"y":816,"width":396,"height":8}},{"id":"bec16869-f971-4386-a7d3-a9f5d51ecf03","block_type":"box","text":"trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow","page_number":4,"box":{"x":50,"y":829,"width":415,"height":8}},{"id":"b681268d-f5c1-4de1-bb3f-04d6d3d71a7d","block_type":"box","text":"Jones® is a registered trademark of Dow Jones Trademark Holdings","page_number":4,"box":{"x":50,"y":842,"width":404,"height":8}},{"id":"2c8864cb-568b-458b-917d-8cc2c1f5d39b","block_type":"box","text":"LLC (“Dow Jones”) and has been licensed for use by S&P Dow Jones","page_number":4,"box":{"x":51,"y":854,"width":407,"height":9}},{"id":"013c57c3-d3dd-4e58-a501-eac2c364eeb4","block_type":"box","text":"Indices; and these trademarks have been licensed for use by S&P DJI","page_number":4,"box":{"x":51,"y":867,"width":409,"height":9}},{"id":"17d5c847-a185-4d9e-b06c-78d0aea93916","block_type":"box","text":"and sublicensed for certain purposes by State Street Global Advisors.","page_number":4,"box":{"x":50,"y":880,"width":414,"height":9}},{"id":"3a9bd746-3bc4-4541-90b2-7738d80049bf","block_type":"box","text":"The fund is not sponsored, endorsed, sold or promoted by S&P DJI, Dow","page_number":4,"box":{"x":50,"y":893,"width":428,"height":9}},{"id":"5e225102-3072-4a5c-afbf-803f374d89c5","block_type":"box","text":"Jones, S&P, their respective affiliates, and none of such parties make any","page_number":4,"box":{"x":50,"y":906,"width":432,"height":8}},{"id":"ba866083-266f-417d-b7e7-96951b7afb08","block_type":"box","text":"representation regarding the advisability of investing in such product(s)","page_number":4,"box":{"x":51,"y":918,"width":421,"height":9}},{"id":"970b7ede-8a71-482b-95e1-0dabbcd0e405","block_type":"box","text":"nor do they have any liability for any errors, omissions, or interruptions of","page_number":4,"box":{"x":515,"y":92,"width":430,"height":9}},{"id":"9af44359-e329-494c-a3dd-de3682f458a7","block_type":"box","text":"these indices.","page_number":4,"box":{"x":515,"y":105,"width":81,"height":7}},{"id":"55c60701-3ca3-44bc-98e2-a586161a61ec","block_type":"box","text":"Please refer to the Fund’s latest Key Information Document (KID)/","page_number":4,"box":{"x":515,"y":122,"width":416,"height":9}},{"id":"cce018c4-8ea7-474a-b850-0023d5e30567","block_type":"box","text":"Key Investor Information Document (KIID) and Prospectus before","page_number":4,"box":{"x":515,"y":135,"width":415,"height":9}},{"id":"a50cde2d-d1cf-4bc0-98d7-263406729181","block_type":"box","text":"making any final investment decision. The latest English version of","page_number":4,"box":{"x":515,"y":148,"width":423,"height":9}},{"id":"1cbc5ad6-c2d6-48cf-a7d8-7fbe31e48027","block_type":"box","text":"the prospectus and the KID/KIID can be found at","page_number":4,"box":{"x":515,"y":161,"width":306,"height":8}},{"id":"3967509d-728d-47c8-a2ca-73337421cdf3","block_type":"box","text":"www.ssga.com","page_number":4,"box":{"x":824,"y":163,"width":97,"height":7}},{"id":"ffe4aed5-ec58-456f-a0cd-9afe602333a5","block_type":"box","text":". A","page_number":4,"box":{"x":923,"y":161,"width":15,"height":7}},{"id":"d41be4cf-3032-4c6a-98ab-a964d5faf56c","block_type":"box","text":"summary of investor rights can be found here:","page_number":4,"box":{"x":515,"y":174,"width":292,"height":8}},{"id":"be3fd5b6-264f-4636-805d-48501392d457","block_type":"box","text":"https://www.ssga.","page_number":4,"box":{"x":811,"y":174,"width":116,"height":8}},{"id":"30542be6-64aa-4517-a9b1-0a00ec7d5b7a","block_type":"box","text":"com/library-content/products/fund-docs/summary-of-inves","page_number":4,"box":{"x":515,"y":186,"width":396,"height":9}},{"id":"bec115d7-ebe9-4c1b-a1c7-0f97f3369dbc","block_type":"box","text":"tor-rights/ssga-investors-rights-summary-template-non-etf-Lux.","page_number":4,"box":{"x":515,"y":199,"width":426,"height":9}},{"id":"44ce3a99-e95d-4747-8c33-4558408471e9","block_type":"box","text":"pdf.","page_number":4,"box":{"x":515,"y":212,"width":24,"height":9}},{"id":"a0cabc2a-acff-4991-b653-2b39b41472c6","block_type":"box","text":"Note that the Management Company may decide to terminate the","page_number":4,"box":{"x":515,"y":230,"width":418,"height":8}},{"id":"8e1d003f-0fde-42d9-adbd-1f1a40ef7322","block_type":"box","text":"arrangements made for marketing and proceed with de-notification","page_number":4,"box":{"x":515,"y":243,"width":431,"height":8}},{"id":"9c523aa1-92c7-4cee-bfba-45432dff2c01","block_type":"box","text":"in compliance with Article 93a of Directive 2009/65/EC.","page_number":4,"box":{"x":515,"y":255,"width":355,"height":9}},{"id":"0f18513e-4c8e-4b3f-8613-ac49aa098885","block_type":"box","text":"Investors should not evaluate an investment in the fund based solely on","page_number":4,"box":{"x":516,"y":273,"width":420,"height":9}},{"id":"ba3cf643-3632-40b3-a767-9babaeb14778","block_type":"box","text":"the information above, but should consider other factors, including the","page_number":4,"box":{"x":515,"y":286,"width":415,"height":9}},{"id":"c2f4c981-bf71-44f7-8c70-930ccab6a679","block_type":"box","text":"fund’s overall investment objective and risk profile. Investors are encour","page_number":4,"box":{"x":515,"y":299,"width":424,"height":8}},{"id":"e342ff64-73b5-4192-999d-5a29b46a2692","block_type":"box","text":"aged to review the fund’s prospectus [https://www.ssga.com/fund-find","page_number":4,"box":{"x":515,"y":311,"width":414,"height":9}},{"id":"edeff010-9b24-42b8-a1d1-8be909cce194","block_type":"box","text":"er?tab=documents] and KIID for more information regarding the fund","page_number":4,"box":{"x":515,"y":324,"width":412,"height":9}},{"id":"1b240cbc-5d46-45b6-8744-45550f1aa869","block_type":"box","text":"and where applicable, the fund’s SFDR category.","page_number":4,"box":{"x":515,"y":337,"width":286,"height":9}},{"id":"5e6a23f9-8982-4a6e-a369-875dd0fbeac1","block_type":"box","text":"Sustainability data is sourced from external providers. This data may","page_number":4,"box":{"x":515,"y":355,"width":407,"height":8}},{"id":"6c07b50f-b93d-47c9-be5f-5c88eea9562d","block_type":"box","text":"be incomplete, inaccurate, or unavailable for certain companies, which","page_number":4,"box":{"x":515,"y":368,"width":417,"height":8}},{"id":"0b0f4b1a-55bc-4547-b795-e20880fb4f12","block_type":"box","text":"could limit the ability to fully capture or reflect their sustainability charac","page_number":4,"box":{"x":515,"y":380,"width":427,"height":9}},{"id":"902e63b1-a4a2-49e2-8841-8f16af16f6c3","block_type":"box","text":"teristics. As a result, there may be limitations reported in the sustainabili","page_number":4,"box":{"x":515,"y":393,"width":425,"height":9}},{"id":"0561a579-dce7-4273-b6f4-cb5e00398abe","block_type":"box","text":"ty metrics or indicators.","page_number":4,"box":{"x":515,"y":406,"width":140,"height":9}},{"id":"8f5cb6bd-c252-4ae0-aee3-271fa8e432f3","block_type":"box","text":"The third-party information above has been obtained from sources","page_number":4,"box":{"x":515,"y":424,"width":398,"height":8}},{"id":"99fd851f-6209-45fb-98ad-2866069d0f27","block_type":"box","text":"believed to be reliable as of the date indicated, but its accuracy is not","page_number":4,"box":{"x":515,"y":436,"width":408,"height":9}},{"id":"f1262ee4-90eb-4f9b-b06b-7405c78e52cd","block_type":"box","text":"guaranteed by SSGA. SSGA is not liable for investment decisions based","page_number":4,"box":{"x":515,"y":449,"width":426,"height":9}},{"id":"283aec26-b7af-47a7-9bbf-d0f5328f43ec","block_type":"box","text":"on this information and it should not be relied on as such. There is no","page_number":4,"box":{"x":515,"y":462,"width":403,"height":7}},{"id":"a370bc2f-f18e-43a1-be02-0c5a75ac90e0","block_type":"box","text":"representation or warranty as to the current accuracy, reliability or com","page_number":4,"box":{"x":515,"y":475,"width":422,"height":9}},{"id":"428efbfc-e1da-4820-ac4f-2fc30ce6afd0","block_type":"box","text":"pleteness of this information.","page_number":4,"box":{"x":515,"y":488,"width":171,"height":8}},{"id":"396d32b9-01ae-48aa-9f3e-994698d3a7a2","block_type":"box","text":"Data and metrics have been sourced as follows from the following con","page_number":4,"box":{"x":516,"y":505,"width":413,"height":9}},{"id":"1b29ffc5-7866-4946-aa33-0b7da0d2ba16","block_type":"box","text":"tributors as of the date of this report, and are subject to their disclosures","page_number":4,"box":{"x":515,"y":518,"width":428,"height":9}},{"id":"c82b1b2a-7565-4b00-9f52-2f67f0d54857","block_type":"box","text":"below. All other data has been sourced by SSGA.","page_number":4,"box":{"x":515,"y":531,"width":289,"height":9}},{"id":"84865155-42e1-4a9f-8162-c60ecc2b9b2f","block_type":"box","text":"Source: MSCI: Certain information contained herein (the “Information”)","page_number":4,"box":{"x":515,"y":548,"width":419,"height":8}},{"id":"93f611a1-29a0-4a76-813a-a094bc771204","block_type":"box","text":"is sourced from/copyright of MSCI Inc., MSCI ESG Research LLC, or their","page_number":4,"box":{"x":515,"y":561,"width":431,"height":9}},{"id":"13dc1331-a48e-464f-ab71-7f93f71edd55","block_type":"box","text":"affiliates (“MSCI”), or information providers (together the “MSCI Parties”)","page_number":4,"box":{"x":515,"y":574,"width":428,"height":9}},{"id":"d3025878-4577-48df-aeee-f330ccaf1fe7","block_type":"box","text":"and may have been used to calculate scores, signals, or other indica","page_number":4,"box":{"x":515,"y":587,"width":402,"height":9}},{"id":"309362fe-1fb0-40bd-be9a-0040e418f36f","block_type":"box","text":"tors. The Information is for internal use only and may not be reproduced","page_number":4,"box":{"x":515,"y":600,"width":424,"height":8}},{"id":"976ff0d1-b2db-4c51-8cda-4338940fdc7a","block_type":"box","text":"or disseminated in whole or part without prior written permission. The","page_number":4,"box":{"x":515,"y":613,"width":411,"height":8}},{"id":"db5e1c73-bcb0-4824-a4d0-8ce44adf8093","block_type":"box","text":"Information may not be used for, nor does it constitute, an offer to buy","page_number":4,"box":{"x":516,"y":625,"width":410,"height":9}},{"id":"96f1eeb8-3700-4e00-a72c-21b62738e2b8","block_type":"box","text":"or sell, or a promotion or recommendation of, any security, financial","page_number":4,"box":{"x":515,"y":638,"width":396,"height":9}},{"id":"de094278-86ea-4704-9198-6646a875abe6","block_type":"box","text":"instrument or product, trading strategy, or index, nor should it be taken as","page_number":4,"box":{"x":515,"y":651,"width":434,"height":9}},{"id":"39a15d84-e141-4e1b-80db-70c09f546237","block_type":"box","text":"an indication or guarantee of any future performance. Some funds may","page_number":4,"box":{"x":515,"y":664,"width":420,"height":9}},{"id":"41a2bea9-05ff-4294-ae75-7e2ee01d0738","block_type":"box","text":"be based on or linked to MSCI indexes, and MSCI may be compensated","page_number":4,"box":{"x":515,"y":677,"width":422,"height":8}},{"id":"bb2e21f5-a4d7-4678-99e8-6bf7a44f30eb","block_type":"box","text":"based on the fund’s assets under management or other measures. MSCI","page_number":4,"box":{"x":515,"y":690,"width":428,"height":8}},{"id":"ef1d1f55-8cb8-432b-8aea-f156cd0df14f","block_type":"box","text":"has established an information barrier between index research and cer","page_number":4,"box":{"x":515,"y":702,"width":420,"height":7}},{"id":"8db88d0b-3e31-4520-a704-26c8205e5a1c","block_type":"box","text":"tain Information. None of the Information in and of itself can be used to","page_number":4,"box":{"x":515,"y":715,"width":415,"height":7}},{"id":"fff97235-f101-4498-8164-1693c90b8885","block_type":"box","text":"determine which securities to buy or sell or when to buy or sell them. The","page_number":4,"box":{"x":515,"y":728,"width":429,"height":9}},{"id":"7ea1f030-d6d6-4912-8c29-bddcbff056ac","block_type":"box","text":"Information is provided “as is” and the user assumes the entire risk of any","page_number":4,"box":{"x":516,"y":741,"width":430,"height":9}},{"id":"3963c35b-a191-4ee1-a4ea-4fb4d9094abc","block_type":"box","text":"use it may make or permit to be made of the Information. No MSCI Party","page_number":4,"box":{"x":515,"y":754,"width":426,"height":8}},{"id":"20963006-32cc-4432-81e0-b8f04ba026eb","block_type":"box","text":"warrants or guarantees the originality, accuracy and/or completeness of","page_number":4,"box":{"x":515,"y":766,"width":428,"height":9}},{"id":"03e709b2-d7b8-4fce-92fe-d1134b65bbde","block_type":"box","text":"the Information and each expressly disclaims all express or implied war","page_number":4,"box":{"x":515,"y":779,"width":421,"height":9}},{"id":"c9e5e2f5-be10-4679-bc8f-bb6e1216c950","block_type":"box","text":"ranties. No MSCI Party shall have any liability for any errors or omissions","page_number":4,"box":{"x":515,"y":792,"width":426,"height":9}},{"id":"f4a28e1d-3c6d-4196-94e0-f9c56629ebc0","block_type":"box","text":"in connection with any Information herein, or any liability for any direct,","page_number":4,"box":{"x":515,"y":805,"width":416,"height":9}},{"id":"2254367f-70ef-4c8c-ac92-86980fc346c2","block_type":"box","text":"indirect, special, punitive, consequential or any other damages (including","page_number":4,"box":{"x":515,"y":818,"width":431,"height":9}},{"id":"4d4dc3cb-d825-4f7e-9d51-147fe2a0f7de","block_type":"box","text":"lost profits) even if notified of the possibility of such damages.","page_number":4,"box":{"x":515,"y":831,"width":363,"height":9}},{"id":"9cba18fb-9a68-45bb-b31f-854a151d1481","block_type":"box","text":"The returns on a portfolio of securities which exclude companies that do","page_number":4,"box":{"x":515,"y":848,"width":428,"height":9}},{"id":"a63432f9-3503-4d84-b8d4-c87fa550b7ea","block_type":"box","text":"not meet the portfolio’s sustainable strategy criteria may trail the returns","page_number":4,"box":{"x":515,"y":861,"width":428,"height":9}},{"id":"a7ea67c8-5ba8-4572-83ba-a68f24b8ea12","block_type":"box","text":"on a portfolio of securities which include such companies. A portfolio’s","page_number":4,"box":{"x":515,"y":874,"width":415,"height":9}},{"id":"e627261e-a8ea-4f03-b4e1-8eb82ea2edda","block_type":"box","text":"sustainable strategy criteria may result in the portfolio investing in indus","page_number":4,"box":{"x":515,"y":887,"width":424,"height":9}},{"id":"5b36ba39-6876-47da-841a-15c8e8aa1e71","block_type":"box","text":"try sectors or securities which underperform the market as a whole.","page_number":4,"box":{"x":515,"y":900,"width":400,"height":8}},{"id":"e2a7b54e-c4d9-4c7b-b841-def90677c7cc","block_type":"box","text":"R-Factor scoring is designed by State Street to reflect certain sustain","page_number":4,"box":{"x":516,"y":917,"width":408,"height":9}},{"id":"fa2d29b0-b12c-4525-af00-dc2342f0d122","block_type":"box","text":"Report ID: 5088586.1","page_number":4,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"da14a014-8b6e-40bb-9a3f-c987fcedf45c","block_type":"box","text":"Published: 18 Nov 2025","page_number":4,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"506dd541-56c6-4175-b72d-66cefad8ab43","block_type":"box","text":"P","page_number":4,"box":{"x":899,"y":968,"width":5,"height":6}},{"id":"a1557da3-fcf0-4fa5-9477-c156b72ef38a","block_type":"box","text":"a","page_number":4,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"3e0b3752-2e89-4f74-b1dc-d2ed3b25b0a0","block_type":"box","text":"g","page_number":4,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"11ce4364-19e7-4723-9c64-8e9bfd66cfec","block_type":"box","text":"e","page_number":4,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"f2b6c087-7429-47f2-8d22-0815c9a6ff6b","block_type":"box","text":"4","page_number":4,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"69e8d0d9-1b27-4476-b660-833339d1e786","block_type":"box","text":"of","page_number":4,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"e838eec9-f92b-4d30-9443-474782f5b043","block_type":"box","text":"5","page_number":4,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"97010ef3-fb1f-42a8-9bfa-14799bbf41b8","block_type":"box","text":"ability factors and does not represent investment performance. Results","page_number":5,"box":{"x":50,"y":35,"width":423,"height":9}},{"id":"87c0dea3-6766-4e8b-8499-471f20a69e0e","block_type":"box","text":"generated out of the scoring model are based on sustainability dimen","page_number":5,"box":{"x":50,"y":48,"width":410,"height":9}},{"id":"fe904f4e-39f5-47f4-8b5e-f3153e2ceaff","block_type":"box","text":"sions of a scored entity.","page_number":5,"box":{"x":50,"y":61,"width":139,"height":8}},{"id":"e10ae76c-f5e5-4580-b71c-b798b7079f89","block_type":"box","text":"In the UK, this document has been issued by State Street Global Advisors","page_number":5,"box":{"x":51,"y":78,"width":433,"height":9}},{"id":"945d16ec-e4e0-46b8-a795-bf2fd60657ed","block_type":"box","text":"Limited (“SSGAL”). Authorized and regulated by the Financial Conduct","page_number":5,"box":{"x":51,"y":91,"width":418,"height":9}},{"id":"5620c2fc-f900-4d17-9420-7d546d4d3eb3","block_type":"box","text":"Authority, Registered No.2509928. VAT No. 5776591 81. Registered of","page_number":5,"box":{"x":50,"y":104,"width":415,"height":9}},{"id":"2b793e67-9835-48fc-93b6-4440f32b9c18","block_type":"box","text":"f","page_number":5,"box":{"x":464,"y":108,"width":4,"height":0}},{"id":"e53439cd-01ae-44e7-ba37-cc871a778e4e","block_type":"box","text":"fice: 20 Churchill Place, Canary Wharf, London, E14 5HJ. Telephone: 020","page_number":5,"box":{"x":50,"y":117,"width":430,"height":8}},{"id":"09cea469-81b3-4da7-889e-4d8c4d043a0c","block_type":"box","text":"3395 6000. Facsimile: 020 3395 6350 Web:","page_number":5,"box":{"x":50,"y":130,"width":264,"height":7}},{"id":"1e3c14d4-28ca-4fcd-9e81-a452432321dd","block_type":"box","text":"www.ssga.com","page_number":5,"box":{"x":317,"y":131,"width":88,"height":7}},{"id":"db362175-8aa4-4167-9cfd-0e5f2faf78b6","block_type":"box","text":".","page_number":5,"box":{"x":406,"y":135,"width":1,"height":1}},{"id":"02e31169-8c72-48d1-85a7-119690f27868","block_type":"box","text":"© 2025 State Street Corporation - All Rights Reserved.","page_number":5,"box":{"x":50,"y":159,"width":326,"height":9}},{"id":"e3d0edcd-b0b8-4979-9015-52a437a5161e","block_type":"box","text":"Tracking Code: 7765755.1.5.EMEA.INST","page_number":5,"box":{"x":50,"y":171,"width":236,"height":9}},{"id":"d0cdea6b-c1d0-41df-8b3c-9db5e4dd383b","block_type":"box","text":"Expiration Date: 10/31/2026","page_number":5,"box":{"x":51,"y":183,"width":163,"height":8}},{"id":"86042623-40d3-4c32-88b5-fce6cdc2f9c2","block_type":"box","text":"State Street Global Advisors Worldwide Entities","page_number":5,"box":{"x":50,"y":195,"width":284,"height":7}},{"id":"03d21b71-676d-42ca-abb9-301032187ee4","block_type":"box","text":"Report ID: 5088586.1","page_number":5,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"305fc11a-3bac-4b7e-af0f-50d0a68362a5","block_type":"box","text":"Published: 18 Nov 2025","page_number":5,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"d2653bfa-6f3b-41de-8280-20a6b97231a1","block_type":"box","text":"P","page_number":5,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"190b4dfd-465a-46b5-ae41-e50abda3b6db","block_type":"box","text":"a","page_number":5,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"cdcc841c-6b9d-44fc-b00b-7cd127bc7fd6","block_type":"box","text":"g","page_number":5,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"63e2e46b-0143-43da-8636-faf05e463257","block_type":"box","text":"e","page_number":5,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"372abc94-1b5b-4dc7-b696-011107b065d1","block_type":"box","text":"5","page_number":5,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"4016690b-ad17-4790-9d44-4fef37fd6ead","block_type":"box","text":"of","page_number":5,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"4fba3bd0-c7b7-48f4-a757-888f0fb487c6","block_type":"box","text":"5","page_number":5,"box":{"x":944,"y":968,"width":5,"height":6}}],"unit":"per_mille","page_width":595,"page_height":[{"value":841,"pages":[1]},{"value":842,"pages":[2,3,4,5]}],"attributes":{"chunk_type":"page_range","start_page":1,"end_page":5}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"9289b96f-793d-4d5d-8bed-172213e2859e"},"user_id":1000002,"date_created":"2026-10-05T20:53:45.876000Z","date_modified":"2026-10-05T20:53:45.876000Z","private":false}