{"annotation_id":"6801bc32-1588-4bc1-86f1-266b23cb8595","file_hash":"5623db154a928bf118ff8d787737bf77dba28fac5d8c26d0b998f3696b874dfe","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"dc3445d5-56df-458d-a26e-5662e1a50199","block_type":"box","text":"State Street® SPDR® Bloomberg 1-10","page_number":1,"box":{"x":51,"y":71,"width":625,"height":23}},{"id":"5cdb21af-a3e9-4b8c-8be4-25654bd1c1b0","block_type":"box","text":"Year U.S. Corporate Bond UCITS ETF","page_number":1,"box":{"x":50,"y":105,"width":646,"height":23}},{"id":"9c0ca5d4-c2a3-48a0-85df-00a46fa84772","block_type":"box","text":"(Dist)","page_number":1,"box":{"x":52,"y":139,"width":91,"height":21}},{"id":"1c67f251-8e10-4859-beeb-61bddcaef9b8","block_type":"box","text":"Asset Class","page_number":1,"box":{"x":754,"y":46,"width":58,"height":6}},{"id":"56d8c718-9540-4a23-b06d-a84b81128620","block_type":"box","text":"Fixed Income","page_number":1,"box":{"x":754,"y":62,"width":71,"height":5}},{"id":"3694913f-36a3-440c-8017-8c41f3dbf6ce","block_type":"box","text":"Fund Identifier","page_number":1,"box":{"x":754,"y":92,"width":72,"height":6}},{"id":"91918f2a-8758-4367-9d2c-6dfee61e09c4","block_type":"box","text":"IE00BYV12Y75","page_number":1,"box":{"x":754,"y":107,"width":81,"height":6}},{"id":"db73e5be-d616-4217-9b5a-56cfa72e9947","block_type":"box","text":"As of 30 Sep 2026","page_number":1,"box":{"x":753,"y":138,"width":97,"height":7}},{"id":"47229884-2ff9-46ba-b6f1-2cc1e34d11f9","block_type":"box","text":"Unless otherwise stated in the fund's governing legal documents, the metrics referred to in this report do not form part of the investment objectives or","page_number":1,"box":{"x":51,"y":186,"width":884,"height":8}},{"id":"de10d2df-49b3-4ba8-8c3b-fc1e5c86dee6","block_type":"box","text":"investment policy of the fund. The provision of the information in this report should not be construed as a representation of the fund’s current or future","page_number":1,"box":{"x":51,"y":198,"width":888,"height":9}},{"id":"f021d7f1-c041-466b-b71f-0b8e4dd5b251","block_type":"box","text":"investment objective, nor its sustainable characteristics. It should not be viewed as an indicator of the fund manager’s current or future investment","page_number":1,"box":{"x":51,"y":211,"width":866,"height":9}},{"id":"a3531c63-f314-46f1-bd21-ad145b6bea06","block_type":"box","text":"decision-making. Please refer to the fund’s governing legal documents for further information with respect to the fund, including its investment","page_number":1,"box":{"x":50,"y":224,"width":842,"height":9}},{"id":"6018239e-1771-4da5-9bf0-26839a6406ed","block_type":"box","text":"objectives and investment policy and any sustainable characteristics it may promote or target.","page_number":1,"box":{"x":50,"y":237,"width":560,"height":9}},{"id":"032d7c2f-01e4-4e08-997e-498f530bc243","block_type":"box","text":"Climate Metrics","page_number":1,"box":{"x":51,"y":286,"width":225,"height":15}},{"id":"b45e87ac-7790-48ff-8beb-c69d7833ada7","block_type":"box","text":"Source: State Street Investment Management, MSCI, CBI, Task Force on Climate-related Financial Disclosures. Holdings as of 30 Sep 2026, sustainability data as of 31 Aug 2026.","page_number":1,"box":{"x":50,"y":319,"width":878,"height":7}},{"id":"d7154c5d-7998-472d-b9df-dcdb3e2dae23","block_type":"box","text":"See Glossary for detailed calculation notes such as missing data treatment, data lag and exclusions. The results are estimates based on assumptions and analysis made by State","page_number":1,"box":{"x":50,"y":332,"width":875,"height":8}},{"id":"05733dd1-8328-46a8-bbe9-dfe4a0478260","block_type":"box","text":"Street Investment Management. They are not intended to represent actual results of any offering.","page_number":1,"box":{"x":50,"y":343,"width":481,"height":7}},{"id":"dd00d558-42e3-4338-8729-195f33ef32ff","block_type":"box","text":"Actual results may differ.","page_number":1,"box":{"x":50,"y":357,"width":123,"height":7}},{"id":"623522c5-febc-4bda-8f8d-b852b9fbf258","block_type":"box","text":"Companies with SBTi","page_number":1,"box":{"x":50,"y":388,"width":164,"height":10}},{"id":"ad77b6e8-3273-4fb6-8a53-fe6f4832816e","block_type":"box","text":"Approved Targets","page_number":1,"box":{"x":50,"y":403,"width":138,"height":10}},{"id":"efd0903b-de5e-4d59-b631-e90cb6cdd1e6","block_type":"box","text":"Potential Emissions","page_number":1,"box":{"x":284,"y":389,"width":146,"height":8}},{"id":"7cd94ef9-84f9-4da3-a921-35a8e8a7f7f0","block_type":"box","text":"30.95%","page_number":1,"box":{"x":104,"y":427,"width":61,"height":7}},{"id":"5deb30aa-f624-4afc-9f1e-22c0f1d7d139","block_type":"box","text":"0.59","page_number":1,"box":{"x":338,"y":427,"width":39,"height":7}},{"id":"54798677-6909-46fa-94fd-1ad80432e5bc","block_type":"box","text":"ktCO2-eq per $mn invested","page_number":1,"box":{"x":338,"y":443,"width":111,"height":6}},{"id":"68856e43-1ac5-4e5c-bec3-447fb9d6f0d4","block_type":"box","text":"Green/Fossil Fuel","page_number":1,"box":{"x":50,"y":474,"width":134,"height":9}},{"id":"479d9c11-1a6e-4adf-875e-5df21ddc6a12","block_type":"box","text":"Based Revenue Ratio","page_number":1,"box":{"x":51,"y":489,"width":157,"height":8}},{"id":"9dc0a5fb-d8c1-4155-83fd-95f254035488","block_type":"box","text":"Green Bonds","page_number":1,"box":{"x":284,"y":474,"width":96,"height":9}},{"id":"17d7f2b0-8ce1-4fdf-bb07-36e8e8f39adf","block_type":"box","text":"0.42","page_number":1,"box":{"x":104,"y":513,"width":40,"height":7}},{"id":"d702a6d8-2e54-42be-82ed-c74028126785","block_type":"box","text":"0.70%","page_number":1,"box":{"x":338,"y":513,"width":51,"height":7}},{"id":"5283b90d-7d4c-4113-881a-608bf6d60527","block_type":"box","text":"Brown Revenues","page_number":1,"box":{"x":51,"y":560,"width":125,"height":8}},{"id":"d9aa0d6a-f670-4397-af65-9fba5c40a4c1","block_type":"box","text":"Low Carbon Transition","page_number":1,"box":{"x":284,"y":560,"width":175,"height":8}},{"id":"6ba12ded-8df8-4c94-8be0-5b405a586ffc","block_type":"box","text":"Score","page_number":1,"box":{"x":284,"y":575,"width":43,"height":8}},{"id":"0f0302b3-ee07-41b4-ad96-c82f5d507dcb","block_type":"box","text":"9.17%","page_number":1,"box":{"x":104,"y":598,"width":51,"height":8}},{"id":"f5b24a0e-9a55-422e-9991-988e01a569d9","block_type":"box","text":"5.80","page_number":1,"box":{"x":338,"y":598,"width":40,"height":8}},{"id":"d8226bfc-300f-450f-a038-9b74f0043168","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":51,"y":627,"width":93,"height":8}},{"id":"f74f3899-7989-43d8-ab14-707df9fe84c9","block_type":"box","text":"96.99%","page_number":1,"box":{"x":182,"y":628,"width":46,"height":6}},{"id":"80f6dd18-a182-429f-9ce1-ac134e6dc26d","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":284,"y":627,"width":93,"height":8}},{"id":"65e96653-40df-41f5-9a33-5fc952d13a20","block_type":"box","text":"94.94%","page_number":1,"box":{"x":416,"y":628,"width":45,"height":6}},{"id":"8fc93e96-f1b6-4c62-b7af-ff60076290da","block_type":"box","text":"Implied Temperature","page_number":1,"box":{"x":51,"y":660,"width":162,"height":10}},{"id":"1bfe642f-1e0e-4735-9831-b44f7691bfa2","block_type":"box","text":"Rise (°C)","page_number":1,"box":{"x":51,"y":674,"width":64,"height":10}},{"id":"0e82b741-32c7-4837-b939-7ebd5ea3a26c","block_type":"box","text":"2.65","page_number":1,"box":{"x":105,"y":698,"width":39,"height":8}},{"id":"a5d09549-dcf4-4bb3-93d5-c4b9bb0f193e","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":51,"y":727,"width":93,"height":7}},{"id":"41a98c73-4ad3-4ec8-bb3d-7f0a08db43be","block_type":"box","text":"94.44%","page_number":1,"box":{"x":182,"y":728,"width":46,"height":6}},{"id":"2613fe0c-4bad-4d22-8294-db6434422d81","block_type":"box","text":"Carbon Footprint","page_number":1,"box":{"x":50,"y":758,"width":133,"height":10}},{"id":"f845eb6e-1bca-448a-82b7-4b22eef21e2a","block_type":"box","text":"(t CO2e/$M EVIC)","page_number":1,"box":{"x":184,"y":761,"width":76,"height":6}},{"id":"fdb5f5cf-7b75-49bb-853a-d4c0312e01f1","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":318,"y":778,"width":41,"height":5}},{"id":"bbc8c719-6ceb-41db-ae5f-a530e8902698","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":390,"y":778,"width":93,"height":7}},{"id":"ed8164b9-6e15-4813-ba02-63f6d7e0929c","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":50,"y":792,"width":37,"height":7}},{"id":"f2ce8272-6253-4ba3-89ff-9de49c9c9b8d","block_type":"box","text":"56.83","page_number":1,"box":{"x":322,"y":793,"width":37,"height":6}},{"id":"c69143fa-1b8c-464d-bc35-022719a137fe","block_type":"box","text":"96.99%","page_number":1,"box":{"x":438,"y":793,"width":45,"height":6}},{"id":"fa36e765-1336-4331-92dc-bddc1c2f1541","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":50,"y":808,"width":41,"height":7}},{"id":"60a5dc99-42f0-4c6f-bbf3-788a5bd7d3ed","block_type":"box","text":"6.29","page_number":1,"box":{"x":330,"y":809,"width":29,"height":6}},{"id":"bdba6510-05b1-4e78-9536-5e9878343517","block_type":"box","text":"96.99%","page_number":1,"box":{"x":438,"y":809,"width":45,"height":6}},{"id":"b2a53648-e74d-4d8e-8dd4-bcbc3f578956","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":50,"y":825,"width":41,"height":7}},{"id":"2c294899-0bf8-439e-ba84-e118d507fadc","block_type":"box","text":"267.70","page_number":1,"box":{"x":314,"y":826,"width":45,"height":6}},{"id":"1c4b8daa-504f-43c3-be6d-e33c83271e89","block_type":"box","text":"96.99%","page_number":1,"box":{"x":438,"y":826,"width":45,"height":6}},{"id":"fe8ef1e3-e1ac-4653-9f3c-ca1f7e26d145","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":50,"y":841,"width":52,"height":8}},{"id":"7c98c622-c878-4882-a884-4df6fdca4fec","block_type":"box","text":"63.12","page_number":1,"box":{"x":322,"y":843,"width":37,"height":5}},{"id":"ddb05f1d-d48f-4c15-bd83-3af1fa1c578c","block_type":"box","text":"96.99%","page_number":1,"box":{"x":438,"y":843,"width":45,"height":5}},{"id":"02d6523e-5252-4b44-b993-0a1d6d9e8182","block_type":"box","text":"Scope 1+2+3","page_number":1,"box":{"x":50,"y":858,"width":66,"height":7}},{"id":"40ca7420-da6c-4afa-8fdc-539466495c45","block_type":"box","text":"333.58","page_number":1,"box":{"x":314,"y":859,"width":45,"height":6}},{"id":"890e30b4-7c46-4905-81e4-129709b1ecdd","block_type":"box","text":"95.15%","page_number":1,"box":{"x":438,"y":859,"width":45,"height":6}},{"id":"0e872993-4749-443f-ae00-c3eb8ecdad85","block_type":"box","text":"Total Carbon Emissions","page_number":1,"box":{"x":516,"y":389,"width":177,"height":8}},{"id":"fbc68999-e0b0-4f9d-b394-38b772dcda2d","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":413,"width":42,"height":5}},{"id":"3fbd12db-fb5e-4548-8080-32c5fc75ca9a","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":413,"width":93,"height":7}},{"id":"33d6b6fa-140f-495e-96ee-057d39d158ed","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":516,"y":427,"width":37,"height":7}},{"id":"75fa0069-c563-420a-ac6b-3c5afcd9ee7c","block_type":"box","text":"36,561.52","page_number":1,"box":{"x":772,"y":428,"width":68,"height":7}},{"id":"557fc2a9-ce75-4655-ad01-4fbfddec9585","block_type":"box","text":"96.99%","page_number":1,"box":{"x":903,"y":428,"width":45,"height":6}},{"id":"79254f2e-1854-4fd5-b391-18ff083bec97","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":516,"y":443,"width":40,"height":7}},{"id":"668b3288-0c50-4b9b-bd69-b1054d22172b","block_type":"box","text":"4,047.58","page_number":1,"box":{"x":780,"y":444,"width":61,"height":8}},{"id":"ee5d5566-20fa-46ed-8115-6217346505b5","block_type":"box","text":"96.99%","page_number":1,"box":{"x":903,"y":444,"width":45,"height":6}},{"id":"a838ce91-d2ed-4201-89cc-eb0688f739a5","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":516,"y":460,"width":40,"height":7}},{"id":"6e10d741-880d-435b-b4f3-7d3b58c0bf93","block_type":"box","text":"172,237.89","page_number":1,"box":{"x":765,"y":461,"width":75,"height":7}},{"id":"2d95f01c-7890-4736-a60d-93afd63de6fb","block_type":"box","text":"96.99%","page_number":1,"box":{"x":903,"y":461,"width":45,"height":6}},{"id":"a445bd83-4d17-4a11-907c-d6a87e64ad98","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":516,"y":477,"width":51,"height":7}},{"id":"9ee7ef17-7fe5-4980-8a82-9d71daa6030d","block_type":"box","text":"40,608.99","page_number":1,"box":{"x":772,"y":478,"width":68,"height":7}},{"id":"958fa332-df67-420a-a16d-3174b51b215d","block_type":"box","text":"96.99%","page_number":1,"box":{"x":903,"y":478,"width":45,"height":6}},{"id":"f2c00b1e-19df-479c-abe5-ad1087ef2916","block_type":"box","text":"Weighted Average Carbon Intensity","page_number":1,"box":{"x":515,"y":520,"width":271,"height":10}},{"id":"80db85ad-f8df-49f7-a0c3-657d622101e4","block_type":"box","text":"(t CO2e/$M Sales)","page_number":1,"box":{"x":787,"y":523,"width":77,"height":6}},{"id":"b0303c0d-571c-4246-b881-f99044aa5ad7","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":544,"width":42,"height":6}},{"id":"af583e39-0299-46af-b766-891f85428d60","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":544,"width":93,"height":7}},{"id":"af44dca6-6ed6-4069-874f-fcf2d8c44e51","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":516,"y":558,"width":37,"height":7}},{"id":"03998884-14f2-4e15-b0ca-3eab40a5eedb","block_type":"box","text":"196.28","page_number":1,"box":{"x":796,"y":559,"width":45,"height":6}},{"id":"86374fa8-515b-42ad-902e-2bbe38f37d08","block_type":"box","text":"96.92%","page_number":1,"box":{"x":903,"y":559,"width":45,"height":6}},{"id":"05d1e3aa-d572-4536-922b-ead1a6bbf291","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":516,"y":574,"width":40,"height":8}},{"id":"1cb113b3-af69-4e71-8265-ab4e8aa47f4a","block_type":"box","text":"20.08","page_number":1,"box":{"x":803,"y":576,"width":38,"height":5}},{"id":"935aacf5-32a3-4ec8-ae77-02b128736d73","block_type":"box","text":"96.92%","page_number":1,"box":{"x":903,"y":576,"width":45,"height":5}},{"id":"15580b5b-afd0-46e9-920c-d76e836fd3f8","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":516,"y":591,"width":40,"height":7}},{"id":"b64edcb0-a72e-4ecd-98c7-54d53c03564d","block_type":"box","text":"670.05","page_number":1,"box":{"x":795,"y":592,"width":45,"height":6}},{"id":"faed3bd5-6c10-4425-974d-820a91800798","block_type":"box","text":"96.99%","page_number":1,"box":{"x":903,"y":592,"width":45,"height":6}},{"id":"18eac84c-fbb1-42de-8d75-30a650127f53","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":516,"y":608,"width":51,"height":7}},{"id":"ddc06bec-cb42-49d2-8369-c796e3853480","block_type":"box","text":"216.29","page_number":1,"box":{"x":796,"y":609,"width":44,"height":6}},{"id":"1db44f75-89c1-4588-a6af-207e29871944","block_type":"box","text":"96.99%","page_number":1,"box":{"x":903,"y":609,"width":45,"height":6}},{"id":"4e820959-d337-4f30-ac4d-852880792ea1","block_type":"box","text":"Scope 1+2+3","page_number":1,"box":{"x":516,"y":624,"width":66,"height":7}},{"id":"3053787e-87d4-4e7a-a9fe-dccdfb423165","block_type":"box","text":"901.14","page_number":1,"box":{"x":795,"y":625,"width":46,"height":6}},{"id":"dffbe2d1-499c-4548-b4e2-1e1800c028f0","block_type":"box","text":"96.86%","page_number":1,"box":{"x":903,"y":625,"width":45,"height":6}},{"id":"dcd34437-c8c2-4c1f-be38-63e394a4bbec","block_type":"box","text":"Climate Value at Risk","page_number":1,"box":{"x":516,"y":667,"width":189,"height":10}},{"id":"c374b4bc-4edb-400b-8728-50a9354b44fc","block_type":"box","text":"Policy Risk VaR","page_number":1,"box":{"x":516,"y":692,"width":82,"height":7}},{"id":"f6f8f6bb-03a9-4be0-9b19-740cd7e25ebf","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":692,"width":42,"height":6}},{"id":"e43fd53e-a912-499d-aceb-70029cf21cdd","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":692,"width":93,"height":8}},{"id":"1556f2b3-cebc-4012-a72f-96c7c3b75a9d","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":706,"width":127,"height":8}},{"id":"78475565-e404-482e-95e1-8605f2b3c3c1","block_type":"box","text":"-14.50%","page_number":1,"box":{"x":789,"y":707,"width":52,"height":6}},{"id":"6a2e995d-7320-408b-a866-df824a484d83","block_type":"box","text":"94.61%","page_number":1,"box":{"x":903,"y":707,"width":45,"height":6}},{"id":"4ee69c26-d3cc-40c9-b256-37358013efe6","block_type":"box","text":"Disorderly Transition (2 °C)","page_number":1,"box":{"x":516,"y":723,"width":134,"height":7}},{"id":"fb539aab-a09b-45be-a42d-623bc3e6743b","block_type":"box","text":"-6.31%","page_number":1,"box":{"x":797,"y":724,"width":44,"height":6}},{"id":"c5640f48-2258-42d7-85f2-a362b5c1ed0f","block_type":"box","text":"94.61%","page_number":1,"box":{"x":903,"y":724,"width":45,"height":6}},{"id":"27602a3e-8944-4728-ac34-eee0f5b50c66","block_type":"box","text":"Hothouse (3 °C)","page_number":1,"box":{"x":516,"y":739,"width":79,"height":7}},{"id":"d7015be2-bced-4086-8bbd-76b77ee08511","block_type":"box","text":"-4.57%","page_number":1,"box":{"x":797,"y":741,"width":44,"height":6}},{"id":"fdbdc7e1-7d99-4486-8e46-743734b628a4","block_type":"box","text":"94.61%","page_number":1,"box":{"x":903,"y":741,"width":45,"height":6}},{"id":"366fb8ad-1ed4-4fe5-8177-a51f343d13df","block_type":"box","text":"Technology Opportunities VaR","page_number":1,"box":{"x":516,"y":756,"width":164,"height":7}},{"id":"b519c41d-abe2-443d-bfe5-a35c5fc64ce7","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":773,"width":127,"height":7}},{"id":"89f685c4-e5ce-45c7-b606-2a7c2a6a47b0","block_type":"box","text":"0.63%","page_number":1,"box":{"x":803,"y":774,"width":38,"height":6}},{"id":"8e5f9d07-85e8-4f8b-b833-9f9f4d3eaf6d","block_type":"box","text":"88.16%","page_number":1,"box":{"x":903,"y":774,"width":45,"height":6}},{"id":"aaeb8b9e-a4a6-4498-9599-d424a5840a43","block_type":"box","text":"Disorderly Transition (2 °C)","page_number":1,"box":{"x":516,"y":789,"width":134,"height":8}},{"id":"3aaa7a63-24cf-4cf0-a768-2a5c4f130b04","block_type":"box","text":"0.12%","page_number":1,"box":{"x":803,"y":791,"width":38,"height":5}},{"id":"6db35cfd-31ab-432a-9340-acff79419ce8","block_type":"box","text":"88.16%","page_number":1,"box":{"x":903,"y":791,"width":45,"height":5}},{"id":"39a5d2ab-d7db-4dd9-8077-8214bfb4ad91","block_type":"box","text":"Hothouse (3 °C)","page_number":1,"box":{"x":516,"y":806,"width":79,"height":7}},{"id":"3f037e1c-3d00-49d8-b22c-3167f4ae608d","block_type":"box","text":"0.13%","page_number":1,"box":{"x":803,"y":807,"width":38,"height":6}},{"id":"6e449dd5-a554-4a3a-8627-fd430a0c045a","block_type":"box","text":"88.16%","page_number":1,"box":{"x":903,"y":807,"width":45,"height":6}},{"id":"68115441-bd71-4b36-9654-5be86ade64d3","block_type":"box","text":"Physical Risk VaR","page_number":1,"box":{"x":516,"y":823,"width":95,"height":7}},{"id":"37f9bcb7-421b-4575-823b-d457f8794ed8","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":839,"width":127,"height":8}},{"id":"4e66a243-ff89-4350-9076-0aa17fe32410","block_type":"box","text":"-0.43%","page_number":1,"box":{"x":797,"y":841,"width":44,"height":5}},{"id":"00e13355-eed1-4acf-8d57-cb018e242e79","block_type":"box","text":"94.48%","page_number":1,"box":{"x":903,"y":841,"width":45,"height":5}},{"id":"b4ac2895-5384-45f7-a6a2-b54fa57e0612","block_type":"box","text":"Disorderly Transition (2 °C)","page_number":1,"box":{"x":516,"y":856,"width":134,"height":7}},{"id":"0bcb6408-b540-4663-8a0e-6f5697049385","block_type":"box","text":"-0.89%","page_number":1,"box":{"x":797,"y":857,"width":44,"height":6}},{"id":"c80537eb-2a0f-4b3a-bb7d-1cecedb59f22","block_type":"box","text":"94.48%","page_number":1,"box":{"x":903,"y":857,"width":45,"height":6}},{"id":"29a3c5eb-0b8e-4f62-b754-dd4fb0e30fc8","block_type":"box","text":"Hothouse (3 °C)","page_number":1,"box":{"x":516,"y":873,"width":79,"height":6}},{"id":"cc7f218e-6119-414c-9371-bfd5be1ffe4c","block_type":"box","text":"-1.33%","page_number":1,"box":{"x":797,"y":874,"width":44,"height":6}},{"id":"c6caa6d9-c508-4fb3-9596-a6a7962da390","block_type":"box","text":"94.48%","page_number":1,"box":{"x":903,"y":874,"width":45,"height":6}},{"id":"b60c3fdb-eaf0-4d9a-b26b-fc5924507b04","block_type":"box","text":"Report ID: 5648888.1","page_number":1,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"f68595b5-05d9-48aa-9865-db7960d45cda","block_type":"box","text":"Published: 13 Oct 2026","page_number":1,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"709bab15-56f9-4085-8d14-1e3eef23d437","block_type":"box","text":"P","page_number":1,"box":{"x":902,"y":968,"width":5,"height":6}},{"id":"70b28ccb-0c96-47da-9723-93cd5c352e5c","block_type":"box","text":"a","page_number":1,"box":{"x":908,"y":970,"width":5,"height":4}},{"id":"8b6c5f29-cf3c-49a1-bfdc-6c754a301708","block_type":"box","text":"g","page_number":1,"box":{"x":913,"y":970,"width":6,"height":5}},{"id":"cf13ac2c-dcd7-408b-96c8-7e8c48048ec7","block_type":"box","text":"e","page_number":1,"box":{"x":919,"y":970,"width":5,"height":4}},{"id":"79424573-493e-4f69-bf55-bbe9bc365cb0","block_type":"box","text":"1","page_number":1,"box":{"x":926,"y":968,"width":3,"height":6}},{"id":"53b03e10-ac11-4fc3-9829-f4cbca6346ab","block_type":"box","text":"of","page_number":1,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"5ecf9161-49a8-4747-bf0b-a32bc75c0128","block_type":"box","text":"4","page_number":1,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"c57224a0-d222-4953-b1fc-d18e4e2a60ef","block_type":"box","text":"Glossary","page_number":2,"box":{"x":51,"y":59,"width":129,"height":19}},{"id":"e908a0d2-b66e-4b87-9afe-498e95a601fd","block_type":"box","text":"Sustainability data is as of the date identified in the report sections","page_number":2,"box":{"x":51,"y":95,"width":393,"height":8}},{"id":"132b60e3-9c30-40c9-86d5-788b9d604bbb","block_type":"box","text":"above, usually on a month lag. All metrics are reported in USD unless","page_number":2,"box":{"x":51,"y":107,"width":405,"height":9}},{"id":"4410e9e4-6037-4a3f-b987-12bb8d562f3a","block_type":"box","text":"otherwise stated.","page_number":2,"box":{"x":51,"y":120,"width":102,"height":7}},{"id":"d11393b0-0ced-4d88-88c4-a4cac64e8cc8","block_type":"box","text":"Climate Metrics","page_number":2,"box":{"x":51,"y":152,"width":157,"height":11}},{"id":"84c87c93-b64d-4fe9-813c-3fe553877860","block_type":"box","text":"Data Treatments","page_number":2,"box":{"x":51,"y":173,"width":108,"height":7}},{"id":"c90be27c-64e5-4822-9848-5ae7b7a99fdb","block_type":"box","text":"- State Street applies the data treatments where","page_number":2,"box":{"x":163,"y":173,"width":286,"height":9}},{"id":"c2885758-1bcf-413a-9a34-5a86bac4655d","block_type":"box","text":"applicable to Climate Metrics. To review the data treatments and the","page_number":2,"box":{"x":51,"y":186,"width":408,"height":9}},{"id":"d1e2b36e-5248-4ad5-aa78-3c25fd8e6af5","block_type":"box","text":"metrics they are applied to please","page_number":2,"box":{"x":51,"y":199,"width":201,"height":9}},{"id":"fd9a2f1f-ea57-474c-a29c-e0a4f3e0193a","block_type":"box","text":"click","page_number":2,"box":{"x":255,"y":199,"width":28,"height":7}},{"id":"726a72ce-db6a-46b9-99cf-a07690340a02","block_type":"box","text":"here","page_number":2,"box":{"x":286,"y":199,"width":26,"height":7}},{"id":"4f3b65f7-13d1-4981-8ccd-8b5bca9ca7ff","block_type":"box","text":".","page_number":2,"box":{"x":313,"y":205,"width":2,"height":1}},{"id":"0268ca5d-2b97-47a1-a8e6-258bb7a234a0","block_type":"box","text":"Portfolio Coverage","page_number":2,"box":{"x":51,"y":217,"width":119,"height":8}},{"id":"d6f8fc26-aaea-492b-96be-7b981cb314f9","block_type":"box","text":"is dependent upon the universe covered by SSGA’s","page_number":2,"box":{"x":174,"y":217,"width":303,"height":8}},{"id":"58950aab-0424-43fb-840e-b0f005771b83","block_type":"box","text":"external providers. For certain markets and types of companies, there","page_number":2,"box":{"x":51,"y":229,"width":413,"height":9}},{"id":"85b911ac-b5a4-4cdb-abb4-94fde5c909f0","block_type":"box","text":"may be significant limitations in the availability of data, or in some cases,","page_number":2,"box":{"x":51,"y":242,"width":425,"height":9}},{"id":"d62604df-6e87-4614-b355-6c6236485d5e","block_type":"box","text":"no data may be available at all. In such instances, the benchmark index","page_number":2,"box":{"x":51,"y":255,"width":418,"height":9}},{"id":"3a14df47-c455-4933-904d-f010156d55fa","block_type":"box","text":"provider, investment manager, an affiliate of the investment manager or","page_number":2,"box":{"x":51,"y":268,"width":422,"height":9}},{"id":"59427e05-db5f-4c94-ad72-669eb30736aa","block_type":"box","text":"another party may use data from a related entity as a proxy or generate","page_number":2,"box":{"x":51,"y":281,"width":422,"height":8}},{"id":"ec3166bf-97bd-430d-947e-33b57fb3f405","block_type":"box","text":"estimated data to fill these gaps.","page_number":2,"box":{"x":51,"y":293,"width":191,"height":9}},{"id":"808efdb9-82bd-44dd-83d9-3c6c345a27ff","block_type":"box","text":"Brown Revenues:","page_number":2,"box":{"x":51,"y":311,"width":110,"height":7}},{"id":"580c0e54-b7a7-4f85-bf42-ef4f4511acff","block_type":"box","text":"Percentage of revenue from “brown” sectors and","page_number":2,"box":{"x":165,"y":311,"width":287,"height":9}},{"id":"c44487b8-bb86-45f5-8236-4760b351e4db","block_type":"box","text":"activities, including fossil fuel extractions, mining, operations, and power","page_number":2,"box":{"x":51,"y":324,"width":425,"height":9}},{"id":"2ae037ee-43e4-434e-85fd-3907e12e7b8f","block_type":"box","text":"generation, employing MSCI revenue indicators. Brown revenue (%) is","page_number":2,"box":{"x":51,"y":337,"width":411,"height":8}},{"id":"0de8385c-9301-4e1d-ab72-84e0f4ad01cc","block_type":"box","text":"defined as the proportion of revenues a company derives from activities","page_number":2,"box":{"x":51,"y":350,"width":426,"height":8}},{"id":"ae8029a7-d204-43b3-abba-1245d387ea4e","block_type":"box","text":"related to the extraction of fossil fuels, or power generation using fossil","page_number":2,"box":{"x":51,"y":362,"width":415,"height":9}},{"id":"c7a735a3-1af8-42b6-9929-a06e815f8c27","block_type":"box","text":"fuel-based energy sources. It reflects firms tied to conventional energy","page_number":2,"box":{"x":50,"y":375,"width":419,"height":9}},{"id":"32cadd99-d537-4669-bd6d-22703d46956e","block_type":"box","text":"value chains.","page_number":2,"box":{"x":50,"y":388,"width":76,"height":7}},{"id":"0d25b846-736d-43f7-912a-22deb596fefe","block_type":"box","text":"Brown Revenues – MSCI:","page_number":2,"box":{"x":51,"y":406,"width":158,"height":7}},{"id":"88c48653-1cd6-42a8-9789-a741ebee67db","block_type":"box","text":"Weighted Average of each Underlying","page_number":2,"box":{"x":212,"y":406,"width":225,"height":8}},{"id":"382a8137-a385-40ce-8922-a364ecf85708","block_type":"box","text":"Security with Brown Revenue for the Portfolio.","page_number":2,"box":{"x":51,"y":418,"width":271,"height":9}},{"id":"194284f4-01c5-4690-9a3b-ca81cf412577","block_type":"box","text":"Potential Emissions – MSCI:","page_number":2,"box":{"x":51,"y":436,"width":176,"height":7}},{"id":"411c4e1c-51b4-47d5-a42e-8eb1549c8921","block_type":"box","text":"Sum of Weighted Average Total Potential","page_number":2,"box":{"x":230,"y":436,"width":243,"height":9}},{"id":"e434c510-9c3b-42b5-8258-1c1fd8d3d4e5","block_type":"box","text":"Emission of Fossil Fuel Reserves Normalized by EVIC $MN (ktCO2-eq","page_number":2,"box":{"x":51,"y":448,"width":413,"height":9}},{"id":"f451afc9-06ee-4d9d-bc5d-9b67eacfbd8c","block_type":"box","text":"per $MN invested) on the Portfolio Level.","page_number":2,"box":{"x":51,"y":461,"width":241,"height":9}},{"id":"51047e13-0b20-42e5-b060-5f1c96a74e42","block_type":"box","text":"Green Bonds:","page_number":2,"box":{"x":51,"y":479,"width":86,"height":7}},{"id":"ed01f9a7-5a0b-460b-82c3-f527b62a1478","block_type":"box","text":"The Climate Bonds Initiative (CBI) defines green bonds","page_number":2,"box":{"x":140,"y":479,"width":325,"height":9}},{"id":"a79e3525-27ec-4585-bf27-36126f782153","block_type":"box","text":"as debt instruments that finance projects with environmental benefits,","page_number":2,"box":{"x":51,"y":492,"width":415,"height":9}},{"id":"15c70dcd-b560-485c-b54d-d56ea5db110a","block_type":"box","text":"and the CBI Green Bond Database uses a methodology to evaluate","page_number":2,"box":{"x":51,"y":505,"width":397,"height":9}},{"id":"46421df0-cc80-4464-b979-322521ad52b5","block_type":"box","text":"and categorize projects as green.","page_number":2,"box":{"x":51,"y":518,"width":196,"height":8}},{"id":"06a16f35-9770-413c-8731-606e4fcc6a0a","block_type":"box","text":"The CBI’s methodology includes the","page_number":2,"box":{"x":251,"y":518,"width":213,"height":8}},{"id":"2840572a-0e46-4b23-926e-7d6c7523ff0f","block_type":"box","text":"following criteria:","page_number":2,"box":{"x":50,"y":531,"width":101,"height":8}},{"id":"7e69b441-77c4-435e-802f-553faac30109","block_type":"box","text":"Self-labeling:","page_number":2,"box":{"x":91,"y":548,"width":84,"height":9}},{"id":"04ee1f59-6fd7-47c0-8b78-294026bbadfa","block_type":"box","text":"The issuer must consciously label the instrument","page_number":2,"box":{"x":178,"y":548,"width":291,"height":9}},{"id":"0372e256-ab8d-49f4-bf9a-e474eb344eab","block_type":"box","text":"as a green bond.","page_number":2,"box":{"x":91,"y":561,"width":97,"height":9}},{"id":"f9b15cc0-6d0f-416b-909d-8597560b27c8","block_type":"box","text":"Public disclosure:","page_number":2,"box":{"x":91,"y":579,"width":112,"height":6}},{"id":"c7a95bfd-a3ad-4b36-8ef3-4c1489a53513","block_type":"box","text":"The issuer must provide sufficient information","page_number":2,"box":{"x":206,"y":579,"width":272,"height":8}},{"id":"8d3a2da8-6b6a-4bda-bf22-cec2073ef49d","block_type":"box","text":"to determine if the financed assets are green.","page_number":2,"box":{"x":91,"y":591,"width":267,"height":9}},{"id":"6e89d844-0b57-4194-a5c2-7a6a236f144c","block_type":"box","text":"This includes","page_number":2,"box":{"x":362,"y":591,"width":78,"height":7}},{"id":"5b990e21-6de0-471d-9a7c-74ff2ece9a67","block_type":"box","text":"information such as the amount outstanding and closing","page_number":2,"box":{"x":92,"y":604,"width":332,"height":9}},{"id":"03ea394e-d81f-4a71-8fe2-f12b0240aeae","block_type":"box","text":"confirmation.","page_number":2,"box":{"x":91,"y":617,"width":78,"height":7}},{"id":"c1ad6334-3f6e-4503-a812-d7190a2a1a7e","block_type":"box","text":"Eligible sectors:","page_number":2,"box":{"x":91,"y":635,"width":100,"height":8}},{"id":"3bf85ac9-bb1a-47ae-9dcf-2ef5510335c0","block_type":"box","text":"The financed assets must be in eligible sectors,","page_number":2,"box":{"x":195,"y":635,"width":279,"height":8}},{"id":"55e4cd6e-87ab-4523-b547-583a74b9069d","block_type":"box","text":"such as energy efficient products and processes, or non-energy","page_number":2,"box":{"x":91,"y":647,"width":378,"height":9}},{"id":"9e9b2e02-bc8c-46a7-9376-a6dd7fb3aa75","block_type":"box","text":"GHG reductions.","page_number":2,"box":{"x":91,"y":660,"width":100,"height":7}},{"id":"6a819b30-e33e-4954-8d28-278e355cfbfd","block_type":"box","text":"Eligible use of proceeds:","page_number":2,"box":{"x":91,"y":678,"width":154,"height":9}},{"id":"c4566fe8-3497-4852-9008-13ac7a02e55d","block_type":"box","text":"The proceeds must be used for eligible","page_number":2,"box":{"x":248,"y":678,"width":230,"height":9}},{"id":"a9cf39fa-5e2a-46fe-8e07-4300cbf5d1e0","block_type":"box","text":"purposes.","page_number":2,"box":{"x":92,"y":693,"width":57,"height":6}},{"id":"47d57608-4c6c-43ba-8af4-a7b989eb4443","block_type":"box","text":"Green Bonds – CBI:","page_number":2,"box":{"x":51,"y":708,"width":122,"height":7}},{"id":"5fe00904-2778-413c-9be9-a23f0a326bd8","block_type":"box","text":"Market Value of Securities with Green Bonds as a","page_number":2,"box":{"x":177,"y":708,"width":292,"height":7}},{"id":"43a07aa3-4ee4-4bfe-b0a0-5b2bcc2b6f00","block_type":"box","text":"Percentage of the Total Market Value of all Securities in the Portfolio.","page_number":2,"box":{"x":51,"y":721,"width":405,"height":9}},{"id":"98fbf05f-2fdb-40fc-92d2-27c6f953452d","block_type":"box","text":"Green/Fossil Fuel Based Revenue Ratio - MSCI:","page_number":2,"box":{"x":51,"y":738,"width":298,"height":8}},{"id":"8c0de111-661f-4c27-a716-9259aa3888f4","block_type":"box","text":"The Sum of Green","page_number":2,"box":{"x":353,"y":739,"width":108,"height":7}},{"id":"2c854735-1b99-4a95-866e-00f58e60bf17","block_type":"box","text":"to Fossil Fuel Based Revenue Ratio on the Portfolio level and the Sum of","page_number":2,"box":{"x":50,"y":751,"width":425,"height":7}},{"id":"287af7d1-8600-4124-9ad2-ac3c1d043e98","block_type":"box","text":"Green to Fossil Fuel Based Revenue Ratio on the Portfolio level.","page_number":2,"box":{"x":51,"y":764,"width":373,"height":7}},{"id":"87f0a12e-0308-4189-a50a-77c3368639fc","block_type":"box","text":"Companies with SBTi /Approved Targets – MSCI:","page_number":2,"box":{"x":51,"y":782,"width":311,"height":9}},{"id":"d0906084-38a2-4aa7-a0be-d1f4584c4abf","block_type":"box","text":"The percentage of","page_number":2,"box":{"x":366,"y":782,"width":111,"height":9}},{"id":"ce57e4c0-6468-458a-812d-bcd1d41f29c9","block_type":"box","text":"the fund’s market value exposed to issuers that have carbon emissions","page_number":2,"box":{"x":50,"y":795,"width":419,"height":8}},{"id":"e3e612b2-ac62-4db0-81eb-233713f5d65d","block_type":"box","text":"reduction targets approved by the Science Based Targets initiative","page_number":2,"box":{"x":51,"y":807,"width":396,"height":9}},{"id":"505e2d7b-eacc-409e-ae69-a75c6ec9417f","block_type":"box","text":"(SBTi) on the Portfolio level.","page_number":2,"box":{"x":51,"y":820,"width":166,"height":8}},{"id":"db920da5-3f09-46ab-8fd3-c2e7673ac3db","block_type":"box","text":"Low Carbon Transition Score – MSCI:","page_number":2,"box":{"x":51,"y":838,"width":237,"height":7}},{"id":"d86fd39c-22d6-4401-b364-47bb1f1df072","block_type":"box","text":"Score calculates a company’s","page_number":2,"box":{"x":292,"y":838,"width":177,"height":9}},{"id":"df25bce1-8d55-463a-9a3a-f505067b7f5e","block_type":"box","text":"climate transition risk by aggregating Scope 1, 2 and 3 emissions,","page_number":2,"box":{"x":51,"y":851,"width":382,"height":8}},{"id":"41c0f35e-a1fe-43b3-a5aa-7545fbe38c88","block_type":"box","text":"emissions avoided, and the quality of the company’s climate","page_number":2,"box":{"x":51,"y":864,"width":354,"height":8}},{"id":"ae1fd61e-be8e-4246-86e2-6caa95cdcf88","block_type":"box","text":"management into a score between 0 (highest risk) and 10 (lowest risk).","page_number":2,"box":{"x":51,"y":876,"width":416,"height":9}},{"id":"ac771fd0-9117-4bd2-a029-2da672bbbaff","block_type":"box","text":"Companies with higher Low Carbon Transition score are more aligned","page_number":2,"box":{"x":51,"y":889,"width":414,"height":9}},{"id":"eb93d743-672e-44d1-aa38-9ac2e0dafc05","block_type":"box","text":"with the Low Carbon Transition compared to the companies with lower","page_number":2,"box":{"x":515,"y":95,"width":420,"height":8}},{"id":"773d679f-7059-431e-b8f9-d1a05ef94442","block_type":"box","text":"scores. Score calculated at the Portfolio level.","page_number":2,"box":{"x":515,"y":107,"width":270,"height":7}},{"id":"8fc7b2de-c069-4c21-949c-ad1f0236c169","block_type":"box","text":"Carbon Footprint:","page_number":2,"box":{"x":515,"y":125,"width":114,"height":9}},{"id":"2321654b-4f93-4043-b782-ccf751ff3169","block_type":"box","text":"Scope 1+2+3- (t CO2e/$M EVIC) – MSCI:","page_number":2,"box":{"x":556,"y":142,"width":256,"height":9}},{"id":"072481d0-d896-486c-8c7b-0484eb8f9330","block_type":"box","text":"Weighted average","page_number":2,"box":{"x":815,"y":143,"width":108,"height":8}},{"id":"94080054-ced3-4c15-9ad0-6439ab10df0c","block_type":"box","text":"Scope 1, Scope 2 and Scope 3 carbon emissions intensity","page_number":2,"box":{"x":556,"y":155,"width":340,"height":9}},{"id":"d8d0058f-b132-4b30-9cc6-2effe6db8136","block_type":"box","text":"normalized by enterprise value including cash.","page_number":2,"box":{"x":556,"y":168,"width":273,"height":9}},{"id":"c06046a9-53f9-4f73-adfa-4ede54c475e9","block_type":"box","text":"Total Carbon Emissions – MSCI:","page_number":2,"box":{"x":515,"y":186,"width":202,"height":7}},{"id":"f5123baa-fed9-401a-8369-9fafd7a16487","block_type":"box","text":"Total Carbon Emissions measures","page_number":2,"box":{"x":721,"y":186,"width":203,"height":7}},{"id":"c5710a5b-6d7e-4990-92df-5191177e2769","block_type":"box","text":"the absolute tons of CO2e EVIC for which an investor is responsible. It is","page_number":2,"box":{"x":515,"y":199,"width":425,"height":8}},{"id":"32bb6b6d-c4ba-49f4-b4db-bc0bfa721c29","block_type":"box","text":"apportioned to the investor based on an equity ownership perspective,","page_number":2,"box":{"x":516,"y":212,"width":418,"height":8}},{"id":"f9146630-7bb4-4247-abaa-342bd6f68767","block_type":"box","text":"and can be explained with a simple example: If an investor’s position in a","page_number":2,"box":{"x":516,"y":224,"width":425,"height":9}},{"id":"15b4fcb5-04ca-4da0-b62b-b3199589cb7d","block_type":"box","text":"company is equal to 1% of the company’s total market capitalization, then","page_number":2,"box":{"x":516,"y":237,"width":432,"height":9}},{"id":"25f0e916-6993-4bcd-9f24-1098e254d03f","block_type":"box","text":"the investor owns 1% of the company, and is consequently responsible","page_number":2,"box":{"x":515,"y":250,"width":415,"height":9}},{"id":"807e8671-461b-4e2d-b268-912a38083f6f","block_type":"box","text":"for 1% of the company’s carbon emissions (tons CO2e). Calculating the","page_number":2,"box":{"x":515,"y":263,"width":419,"height":9}},{"id":"9d93c8eb-e7c7-4037-ac17-e7d2270f518b","block_type":"box","text":"“owned” emissions from each position in the portfolio and summing","page_number":2,"box":{"x":516,"y":276,"width":398,"height":8}},{"id":"0858dbc5-c306-48d2-8262-1030dc66279f","block_type":"box","text":"those emissions yields the total carbon emissions for the portfolio.","page_number":2,"box":{"x":515,"y":288,"width":391,"height":9}},{"id":"d666a946-a7d6-4a58-9045-ceafbb47b34e","block_type":"box","text":"Scope 1","page_number":2,"box":{"x":556,"y":306,"width":47,"height":9}},{"id":"792bf4ab-4ffd-45d2-a53c-22c5e7cb4f29","block_type":"box","text":"emissions are “direct emissions” from sources that are","page_number":2,"box":{"x":607,"y":306,"width":322,"height":7}},{"id":"a5dcc787-be48-4fd4-9688-e6e31b64dddc","block_type":"box","text":"owned or controlled by the company. Data","page_number":2,"box":{"x":556,"y":319,"width":251,"height":9}},{"id":"4a971d16-69ef-4d49-b726-144d51c7bcf6","block_type":"box","text":"Scope 2","page_number":2,"box":{"x":556,"y":336,"width":51,"height":9}},{"id":"689e5344-92f0-44fb-a481-84c1381b52ab","block_type":"box","text":"emissions are the indirect emissions released into the","page_number":2,"box":{"x":610,"y":337,"width":317,"height":6}},{"id":"35ff6b67-5779-4e84-94ef-245095a6e87a","block_type":"box","text":"atmosphere from the use of purchased energy such as electricity,","page_number":2,"box":{"x":556,"y":349,"width":388,"height":9}},{"id":"51649934-32ce-4312-9ecb-87f4255cb109","block_type":"box","text":"heat or steam. These are called “indirect emissions” because the","page_number":2,"box":{"x":556,"y":362,"width":383,"height":7}},{"id":"87c3539c-2d82-42f2-b72e-d22fa497fd1e","block_type":"box","text":"actual emissions are generated at another facility such as a power","page_number":2,"box":{"x":556,"y":375,"width":391,"height":9}},{"id":"bc45750c-d355-4d8c-be8d-2bd29d20afa9","block_type":"box","text":"station.","page_number":2,"box":{"x":556,"y":388,"width":43,"height":7}},{"id":"77c5ba48-78b2-43bc-8fc7-8dbd8d6c129f","block_type":"box","text":"Scope 3","page_number":2,"box":{"x":556,"y":405,"width":51,"height":9}},{"id":"7b40d614-043b-4b27-86f9-e4bb3ee4ec79","block_type":"box","text":"emissions include all other indirect emissions that occur","page_number":2,"box":{"x":610,"y":405,"width":332,"height":7}},{"id":"5f0b76b2-8093-4cbc-95c0-9147802f78d3","block_type":"box","text":"across the value chain and are outside of the organization’s direct","page_number":2,"box":{"x":556,"y":418,"width":386,"height":9}},{"id":"ebc8fe75-1e6a-4585-b22b-7f2c45c58e64","block_type":"box","text":"control.","page_number":2,"box":{"x":556,"y":431,"width":44,"height":7}},{"id":"4fe0656d-490c-43fb-a7d4-72d9563d6bd9","block_type":"box","text":"Weighted Average Carbon Intensity - MSCI:","page_number":2,"box":{"x":515,"y":449,"width":277,"height":8}},{"id":"4429957a-e2b5-4795-b797-6e7ef9984726","block_type":"box","text":"Scope 1+2+3 -","page_number":2,"box":{"x":796,"y":449,"width":89,"height":8}},{"id":"622933cc-3537-4af4-a7cf-b6dc3afc50c6","block_type":"box","text":"Calculating a portfolio’s Weighted Average Carbon Intensity is achieved","page_number":2,"box":{"x":516,"y":461,"width":422,"height":9}},{"id":"b406378d-d0fe-42bd-a223-4eb476176386","block_type":"box","text":"by calculating the carbon intensity (Scope 1 + 2 + 3 Emissions / $M","page_number":2,"box":{"x":516,"y":473,"width":394,"height":10}},{"id":"d1706796-82f9-4a81-b36d-3c5543624a4f","block_type":"box","text":"Sales) for each portfolio company and calculating the weighted average","page_number":2,"box":{"x":515,"y":487,"width":426,"height":9}},{"id":"a1e6565e-9ece-4c81-a280-20e4c2e4e466","block_type":"box","text":"by portfolio weight.","page_number":2,"box":{"x":516,"y":500,"width":112,"height":9}},{"id":"308976cf-0c4d-471f-9671-58856d0bc812","block_type":"box","text":"Please note that the scope 1+2 and scope 1+2+3 values for Total Carbon","page_number":2,"box":{"x":516,"y":517,"width":428,"height":9}},{"id":"977d75af-48a7-4efc-81b6-becc4b583b64","block_type":"box","text":"Emissions, Carbon Footprint, and Weighted Average Carbon Intensity","page_number":2,"box":{"x":516,"y":530,"width":412,"height":9}},{"id":"51e5554f-25f2-42fa-a66b-97b4dea0fb99","block_type":"box","text":"may not equal the sum of the individual values.","page_number":2,"box":{"x":516,"y":543,"width":274,"height":9}},{"id":"65d8eaf1-0b2b-4fee-a8e0-0e0b123d136a","block_type":"box","text":"This may occur for a","page_number":2,"box":{"x":796,"y":543,"width":122,"height":9}},{"id":"efcd0307-e744-45a5-a0ab-c98c58e1beb4","block_type":"box","text":"few reasons.","page_number":2,"box":{"x":515,"y":556,"width":74,"height":7}},{"id":"7284104e-f85e-4f72-b12e-a30282c2443f","block_type":"box","text":"Each metric is a distinct data element provided by the","page_number":2,"box":{"x":596,"y":556,"width":318,"height":9}},{"id":"1de5a9c1-4d48-4d52-b865-bf51046e36aa","block_type":"box","text":"vendor.","page_number":2,"box":{"x":515,"y":569,"width":44,"height":7}},{"id":"7ad247b5-340f-4659-a7f5-ef22bbd1e1d0","block_type":"box","text":"Data treatments for replacing null data with sub-industry","page_number":2,"box":{"x":568,"y":569,"width":335,"height":9}},{"id":"7487621a-aa7e-4452-a711-69109855eab4","block_type":"box","text":"median data could cause differences in aggregated results.","page_number":2,"box":{"x":516,"y":582,"width":349,"height":8}},{"id":"2da241f9-b0f8-4562-8522-d9a407e678b4","block_type":"box","text":"Data is","page_number":2,"box":{"x":872,"y":582,"width":40,"height":7}},{"id":"37234b31-5ba7-4d6d-8227-89ea98f0a050","block_type":"box","text":"reported based on the most recent common fiscal year end, which may","page_number":2,"box":{"x":516,"y":594,"width":422,"height":9}},{"id":"4a5b1d37-9883-4aa7-b86d-197e1cc7b05d","block_type":"box","text":"vary for aggregated fields and is more likely with scope 3.","page_number":2,"box":{"x":515,"y":607,"width":337,"height":9}},{"id":"516f43a2-c589-4045-8af5-6d02c6f43731","block_type":"box","text":"Implied Temperature Rise (°C) – MSCI:","page_number":2,"box":{"x":516,"y":625,"width":244,"height":8}},{"id":"1d45a8bc-1367-405f-849a-f81500d4cb43","block_type":"box","text":"The climate scenario","page_number":2,"box":{"x":763,"y":625,"width":125,"height":7}},{"id":"2304e6a6-35e7-4835-ad63-f9de99c0918d","block_type":"box","text":"alignment uses MSCI’s Implied Temperature Rise (ITR) model, Which","page_number":2,"box":{"x":516,"y":637,"width":405,"height":9}},{"id":"f8e5d245-f105-4c6e-aaf1-f68bcb3be158","block_type":"box","text":"is a forward-looking temperature alignment metric for companies and","page_number":2,"box":{"x":516,"y":650,"width":412,"height":9}},{"id":"5feb0dd2-fbbb-463a-b1e9-339a834dc1d1","block_type":"box","text":"portfolios. Specifically, the MSCI ITR methodology evaluates whether a","page_number":2,"box":{"x":516,"y":663,"width":419,"height":9}},{"id":"d20353bb-da4a-4455-a86b-5be985991567","block_type":"box","text":"company or portfolio are aligned with the Paris Agreement temperature","page_number":2,"box":{"x":516,"y":676,"width":424,"height":9}},{"id":"d0234cb7-5a2a-4f2a-be72-253c30f64b27","block_type":"box","text":"goals – in particular, the maximal goal of limiting global mean surface","page_number":2,"box":{"x":515,"y":689,"width":406,"height":9}},{"id":"02c9b4d5-6e83-432f-8028-ef1600e92300","block_type":"box","text":"temperature to an increase of no more than 1.5°C in the year 2100","page_number":2,"box":{"x":515,"y":702,"width":388,"height":8}},{"id":"3b5e4718-a7db-4234-bcf6-a185f443f66c","block_type":"box","text":"compared with preindustrial levels. For example, an ITR of 2.5°C assigned","page_number":2,"box":{"x":516,"y":715,"width":433,"height":8}},{"id":"69d87fe7-d713-4d58-b620-faede32e3a79","block_type":"box","text":"to a given portfolio would indicate that the portfolio is exceeding its fair","page_number":2,"box":{"x":515,"y":727,"width":418,"height":9}},{"id":"22886887-00da-4f5e-9671-848288595699","block_type":"box","text":"share of the global carbon budget, and that if everyone exceeded their","page_number":2,"box":{"x":515,"y":740,"width":417,"height":9}},{"id":"b69d10ae-ef16-4fac-970c-38b1a100609c","block_type":"box","text":"fair shares by a similar proportion, by 2100 we would end up in a world","page_number":2,"box":{"x":515,"y":753,"width":412,"height":9}},{"id":"1071ec52-e46f-4c4a-833f-5ebfb4f12562","block_type":"box","text":"with >2.5°C of warming compared to pre-industrial levels. Please note","page_number":2,"box":{"x":515,"y":766,"width":411,"height":9}},{"id":"85729987-6a49-4e23-b0b8-37ab498ece66","block_type":"box","text":"there is significant uncertainty related to this temperature estimate, and","page_number":2,"box":{"x":515,"y":779,"width":425,"height":9}},{"id":"2b802968-e411-4a49-9c9b-c76e0ca2ada9","block_type":"box","text":"outputs differ amongst different data vendors as methodologies continue","page_number":2,"box":{"x":516,"y":792,"width":433,"height":8}},{"id":"cf5c50e3-5e49-4d98-b336-0145634f7a3d","block_type":"box","text":"to evolve and mature.","page_number":2,"box":{"x":515,"y":805,"width":127,"height":6}},{"id":"488eeecd-2e6c-42b7-8c59-6e62f6f0faa9","block_type":"box","text":"Portfolio:","page_number":2,"box":{"x":556,"y":822,"width":58,"height":7}},{"id":"1db62d45-a568-44ce-a3fd-2ec21543d637","block_type":"box","text":"Implied Temperature Rise aggregated at the Portfolio","page_number":2,"box":{"x":618,"y":822,"width":315,"height":9}},{"id":"63434fca-2fb0-4d70-9a19-d7fee2d50821","block_type":"box","text":"Level.","page_number":2,"box":{"x":556,"y":835,"width":34,"height":7}},{"id":"0218e7b5-65f9-4ef5-8ac7-a284870a218f","block_type":"box","text":"Climate Value at Risk- MSCI: (Climate VaR)","page_number":2,"box":{"x":515,"y":852,"width":273,"height":8}},{"id":"5738f035-fe5e-4990-a8b8-5adbabcba806","block_type":"box","text":"is a measure to estimate","page_number":2,"box":{"x":792,"y":853,"width":144,"height":6}},{"id":"5ab3dade-e600-4c8b-af11-540755f6a119","block_type":"box","text":"the potential financial losses that a company or portfolio of assets could","page_number":2,"box":{"x":515,"y":865,"width":426,"height":9}},{"id":"51f51d37-fa97-43b7-bb7a-7d56d5743b4a","block_type":"box","text":"incur as a result of climate change. For additional details Climate Value at","page_number":2,"box":{"x":516,"y":878,"width":431,"height":9}},{"id":"5a268d4c-6623-4301-b2bc-b2cb4c2f5b6a","block_type":"box","text":"Risk metrics included on this report","page_number":2,"box":{"x":516,"y":891,"width":210,"height":9}},{"id":"7cff4c8b-3b02-44a5-9b7e-f47da9656594","block_type":"box","text":"click h","page_number":2,"box":{"x":729,"y":891,"width":37,"height":7}},{"id":"3aef6227-4b56-495b-b931-03c487690b8f","block_type":"box","text":"ere","page_number":2,"box":{"x":767,"y":893,"width":19,"height":5}},{"id":"64f3025e-e580-49c6-affe-9cad114c3084","block_type":"box","text":".","page_number":2,"box":{"x":787,"y":897,"width":2,"height":1}},{"id":"d46c3a61-d8f0-4450-9ffa-5767e4e07259","block_type":"box","text":"Report ID: 5648888.1","page_number":2,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"4f617406-4b2c-4cdf-89c1-606221e2f709","block_type":"box","text":"Published: 13 Oct 2026","page_number":2,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"1a594cf3-9083-4ac7-8643-eaee1db04f8e","block_type":"box","text":"P","page_number":2,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"7172900f-3ebb-4029-a228-65eb14748742","block_type":"box","text":"a","page_number":2,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"80e35266-fcd2-4fdc-bba1-aae544f81d66","block_type":"box","text":"g","page_number":2,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"23d70cd5-f20d-447c-ae91-9baecce919df","block_type":"box","text":"e","page_number":2,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"a58e1a8b-9938-4415-9274-66f4e1517a89","block_type":"box","text":"2","page_number":2,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"0518d9ea-ad44-4e47-82eb-264ef6c8215f","block_type":"box","text":"of","page_number":2,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"527d9142-5ee3-4e6a-971a-ba963ea85c21","block_type":"box","text":"4","page_number":2,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"b0f8d60f-a8c3-4af6-8c03-9bc0a84e0c81","block_type":"box","text":"Disclosures","page_number":3,"box":{"x":52,"y":58,"width":166,"height":15}},{"id":"b3f68742-6dfd-47f3-8eb2-2940319bed9e","block_type":"box","text":"State Street Global Advisors (SSGA) is now State Street Investment","page_number":3,"box":{"x":51,"y":92,"width":433,"height":8}},{"id":"18e793c5-d464-428a-8d31-c8b79658b62f","block_type":"box","text":"Management. Please","page_number":3,"box":{"x":51,"y":105,"width":132,"height":9}},{"id":"e61ce532-1f50-4cb3-8474-aa86bbf2a8a3","block_type":"box","text":"click here","page_number":3,"box":{"x":187,"y":105,"width":63,"height":7}},{"id":"9193c51d-029a-4acb-8284-9974b5ed0bf3","block_type":"box","text":"for more information.","page_number":3,"box":{"x":253,"y":105,"width":135,"height":7}},{"id":"0f2d70dc-1d9e-415e-9dce-5cf953611869","block_type":"box","text":"Marketing Communication","page_number":3,"box":{"x":51,"y":122,"width":170,"height":9}},{"id":"fe472aeb-61cb-42b9-98cc-430f824d203c","block_type":"box","text":"For institutional / professional investors use only.","page_number":3,"box":{"x":51,"y":140,"width":310,"height":9}},{"id":"cd164ac2-85cb-49b4-9be4-5ec68ce11629","block_type":"box","text":"The information presented above is intended to provide transparency","page_number":3,"box":{"x":51,"y":158,"width":413,"height":8}},{"id":"f2342449-c656-42a1-9195-63fbf47a5b88","block_type":"box","text":"to investors around sustainability characteristics of the fund. Presenting","page_number":3,"box":{"x":50,"y":170,"width":427,"height":9}},{"id":"f51bbb08-34e7-46eb-8583-deeef7bb954a","block_type":"box","text":"this information should not be construed as a representation of the fund’s","page_number":3,"box":{"x":50,"y":183,"width":434,"height":9}},{"id":"edeb2c1d-f021-47bb-ad36-2b42b9648c45","block_type":"box","text":"current or future investment objective, nor should it be viewed as an","page_number":3,"box":{"x":51,"y":196,"width":400,"height":9}},{"id":"a72ed018-34d9-496b-ac31-dc30ebf876db","block_type":"box","text":"indicator of the fund manager’s current or future investment decision","page_number":3,"box":{"x":51,"y":209,"width":413,"height":9}},{"id":"1fec88ff-bed2-4118-815f-d1f2ed3855fd","block_type":"box","text":"making.","page_number":3,"box":{"x":51,"y":222,"width":46,"height":8}},{"id":"7b236415-27c8-4924-9793-f4c5534e1b7e","block_type":"box","text":"Investing involves risk including the risk of loss of principal.","page_number":3,"box":{"x":51,"y":239,"width":345,"height":9}},{"id":"7ba2fefc-5ea0-4cec-9539-563239a68645","block_type":"box","text":"The whole or any part of this work may not be reproduced, copied or","page_number":3,"box":{"x":51,"y":257,"width":405,"height":9}},{"id":"1207bd51-ca91-422e-9328-1e5d091892c9","block_type":"box","text":"transmitted or any of its contents disclosed to third parties without","page_number":3,"box":{"x":50,"y":270,"width":395,"height":8}},{"id":"fe829cc7-5970-460c-acc4-b0897db5d7d1","block_type":"box","text":"SSGA’s express written consent.","page_number":3,"box":{"x":51,"y":283,"width":192,"height":8}},{"id":"d97666a1-6e94-4ac4-ba23-a2c97dcf8411","block_type":"box","text":"All information is from SSGA unless otherwise noted and has been","page_number":3,"box":{"x":51,"y":300,"width":393,"height":7}},{"id":"728e511f-445a-4772-b192-bcdb3afa9194","block_type":"box","text":"obtained from sources believed to be reliable, but its accuracy is not","page_number":3,"box":{"x":51,"y":313,"width":403,"height":9}},{"id":"f815a23a-424d-413d-9450-3222d789abc4","block_type":"box","text":"guaranteed. There is no representation or warranty as to the current","page_number":3,"box":{"x":51,"y":326,"width":406,"height":9}},{"id":"523067c3-0f09-4610-877c-8df73fbe087f","block_type":"box","text":"accuracy, reliability or completeness of, nor liability for, decisions based","page_number":3,"box":{"x":51,"y":339,"width":421,"height":8}},{"id":"01e29965-9cf8-460d-a3c4-bf418d898591","block_type":"box","text":"on such information and it should not be relied on as such.","page_number":3,"box":{"x":51,"y":351,"width":341,"height":7}},{"id":"f8fcc7ed-bfd9-4469-9639-58657008f2c1","block_type":"box","text":"The information provided does not constitute investment advice as such","page_number":3,"box":{"x":51,"y":369,"width":429,"height":9}},{"id":"9b133655-ad33-4daf-a784-183aaa2a182c","block_type":"box","text":"term is defined under the Markets in Financial Instruments Directive","page_number":3,"box":{"x":50,"y":382,"width":402,"height":7}},{"id":"9c577f59-94a0-45d7-8fdb-ce7139fc7dcb","block_type":"box","text":"(2014/65/EU) or applicable Swiss regulation and it should not be relied on","page_number":3,"box":{"x":51,"y":394,"width":433,"height":9}},{"id":"4ba81b02-3fd3-44db-94d2-fde19e7769ce","block_type":"box","text":"as such. It should not be considered a solicitation to buy or an offer to sell","page_number":3,"box":{"x":51,"y":407,"width":430,"height":9}},{"id":"8e764752-b589-41de-aa88-056c6b7665f8","block_type":"box","text":"any investment. It does not take into account any investor’s or potential","page_number":3,"box":{"x":51,"y":420,"width":420,"height":9}},{"id":"352f2523-5bce-4dfb-9e64-f21f3c33a78a","block_type":"box","text":"investor’s particular investment objectives, strategies, tax status, risk","page_number":3,"box":{"x":51,"y":433,"width":408,"height":9}},{"id":"79f85601-91a9-4074-8055-a54eda271e37","block_type":"box","text":"appetite or investment horizon. If you require investment advice you","page_number":3,"box":{"x":51,"y":446,"width":401,"height":9}},{"id":"53dae5cf-3f9c-4929-8fec-6ac6869b063c","block_type":"box","text":"should consult your tax and financial or other professional advisor.","page_number":3,"box":{"x":51,"y":459,"width":391,"height":8}},{"id":"30befa3d-67e7-41d6-91f3-7ccf288b9896","block_type":"box","text":"The information contained in this communication is not a research","page_number":3,"box":{"x":51,"y":476,"width":421,"height":7}},{"id":"ca9d3203-8cb1-44fe-b601-989ade94f429","block_type":"box","text":"recommendation or ‘investment research’ and is classified as a","page_number":3,"box":{"x":51,"y":489,"width":400,"height":7}},{"id":"758264c7-4158-4796-9be0-798acb1479cf","block_type":"box","text":"‘Marketing Communication’ in accordance with the applicable","page_number":3,"box":{"x":51,"y":502,"width":394,"height":9}},{"id":"c6f83818-a591-4a06-91f3-cbc583795751","block_type":"box","text":"regional regulation. This means that this marketing communication","page_number":3,"box":{"x":51,"y":515,"width":427,"height":9}},{"id":"ce9ef0d7-ebf2-4afa-beba-3344ae78d659","block_type":"box","text":"(a) has not been prepared in accordance with legal requirements","page_number":3,"box":{"x":51,"y":527,"width":411,"height":9}},{"id":"3fa2158d-75b9-4582-9e84-7c1ccbd38fea","block_type":"box","text":"designed to promote the independence of investment research","page_number":3,"box":{"x":51,"y":540,"width":400,"height":9}},{"id":"7c0ae39a-45f1-4e4f-8664-d646d691a818","block_type":"box","text":"(b) is not subject to any prohibition on dealing ahead of the","page_number":3,"box":{"x":51,"y":553,"width":371,"height":9}},{"id":"627e64d2-d625-469e-b110-4e430c661b21","block_type":"box","text":"dissemination of investment research.","page_number":3,"box":{"x":51,"y":566,"width":243,"height":7}},{"id":"ae99d0e2-2314-4329-97fa-03e1335690a6","block_type":"box","text":"This communication is directed at professional clients (this includes","page_number":3,"box":{"x":51,"y":584,"width":402,"height":8}},{"id":"d6ca8518-af07-44cd-b344-2ee24994bb7e","block_type":"box","text":"eligible counterparties as defined by the appropriate EU regulator)","page_number":3,"box":{"x":51,"y":596,"width":392,"height":9}},{"id":"7d32f4a9-b6b2-46bd-896e-8536823dad6e","block_type":"box","text":"who are deemed both knowledgeable and experienced in matters","page_number":3,"box":{"x":50,"y":609,"width":390,"height":9}},{"id":"4b595fff-03a1-4bbc-bd1d-a6f442387606","block_type":"box","text":"relating to investments. The products and services to which this","page_number":3,"box":{"x":51,"y":622,"width":377,"height":9}},{"id":"2d74ab38-6584-4afe-87c7-adb0b4925764","block_type":"box","text":"communication relates are only available to such persons and persons","page_number":3,"box":{"x":51,"y":635,"width":417,"height":9}},{"id":"c761c814-c92a-4fc1-a07a-3f615fe3cc15","block_type":"box","text":"of any other description (including retail clients) should not rely on this","page_number":3,"box":{"x":51,"y":648,"width":414,"height":9}},{"id":"32914f1b-33e4-4146-a12c-7b0232f42f26","block_type":"box","text":"communication.","page_number":3,"box":{"x":51,"y":661,"width":95,"height":7}},{"id":"f806c126-5b12-43e5-bd0f-75a44f6014ae","block_type":"box","text":"Equity securities may fluctuate in value and can decline significantly in","page_number":3,"box":{"x":51,"y":678,"width":414,"height":9}},{"id":"b802454f-1ae6-404d-8f59-1a68bcddfd89","block_type":"box","text":"response to the activities of individual companies and general market","page_number":3,"box":{"x":51,"y":691,"width":411,"height":9}},{"id":"348f90f8-8ffb-4a51-a1f9-48d321874cd4","block_type":"box","text":"and economic conditions.","page_number":3,"box":{"x":51,"y":704,"width":152,"height":7}},{"id":"7ba833e4-ad7e-4028-a0a6-436f3dbed213","block_type":"box","text":"ETFs trade like stocks, are subject to investment risk, fluctuate in market","page_number":3,"box":{"x":51,"y":721,"width":430,"height":9}},{"id":"6ed572fa-1b82-45a2-87fa-07b2d879fb76","block_type":"box","text":"value and may trade at prices above or below the ETFs net asset value.","page_number":3,"box":{"x":50,"y":734,"width":420,"height":9}},{"id":"fb3e6d69-e805-49e5-b958-02bc1cfb4111","block_type":"box","text":"Brokerage commissions and ETF expenses will reduce returns.","page_number":3,"box":{"x":51,"y":747,"width":372,"height":9}},{"id":"2d497d9a-20b3-4e4f-a316-f9d3dadcd9cb","block_type":"box","text":"The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its","page_number":3,"box":{"x":51,"y":765,"width":414,"height":8}},{"id":"4c2b85bd-83a0-479c-9d00-7aefc1cb43dc","block_type":"box","text":"affiliates (“S&P DJI”) and have been licensed for use by State Street","page_number":3,"box":{"x":51,"y":777,"width":400,"height":9}},{"id":"f29c1aba-777a-4f69-b194-d8a978f44977","block_type":"box","text":"Global Advisors. S&P®, SPDR®, S&P 500®,US 500 and the 500 are","page_number":3,"box":{"x":51,"y":790,"width":396,"height":8}},{"id":"df0ee1f4-04f5-4eca-aa3c-f6904df6a416","block_type":"box","text":"trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow","page_number":3,"box":{"x":50,"y":803,"width":416,"height":8}},{"id":"8b57cd23-5225-4763-8b05-ed83aa7e3867","block_type":"box","text":"Jones® is a registered trademark of Dow Jones Trademark Holdings","page_number":3,"box":{"x":51,"y":816,"width":403,"height":9}},{"id":"99f65e6e-4d8e-4575-befe-8068f3023742","block_type":"box","text":"LLC (“Dow Jones”) and has been licensed for use by S&P Dow Jones","page_number":3,"box":{"x":51,"y":829,"width":407,"height":8}},{"id":"19b31eab-63d3-4347-b749-d5c76fbd2a1e","block_type":"box","text":"Indices; and these trademarks have been licensed for use by S&P DJI","page_number":3,"box":{"x":51,"y":842,"width":410,"height":8}},{"id":"f13bef76-735f-4d19-a7d3-cd0d143918e3","block_type":"box","text":"and sublicensed for certain purposes by State Street Global Advisors.","page_number":3,"box":{"x":51,"y":854,"width":414,"height":9}},{"id":"bf74cd09-f12e-483b-877b-11a00e9bae5d","block_type":"box","text":"The fund is not sponsored, endorsed, sold or promoted by S&P DJI, Dow","page_number":3,"box":{"x":51,"y":867,"width":428,"height":9}},{"id":"b9fd62a9-b53e-4098-923a-561aae0a8c62","block_type":"box","text":"Jones, S&P, their respective affiliates, and none of such parties make any","page_number":3,"box":{"x":51,"y":880,"width":432,"height":9}},{"id":"f75fb799-c6fa-40ab-9e97-02e571949963","block_type":"box","text":"representation regarding the advisability of investing in such product(s)","page_number":3,"box":{"x":51,"y":893,"width":421,"height":9}},{"id":"bdfc6ecd-0093-41ae-ab6a-177adf19ae02","block_type":"box","text":"nor do they have any liability for any errors, omissions, or interruptions of","page_number":3,"box":{"x":51,"y":906,"width":430,"height":8}},{"id":"e10bad0a-2665-445b-95db-557af2e4eca5","block_type":"box","text":"these indices.","page_number":3,"box":{"x":50,"y":919,"width":82,"height":7}},{"id":"76ab5b40-afdb-4551-958a-5325f0b648e1","block_type":"box","text":"Please refer to the Fund’s latest Key Information Document (KID)/","page_number":3,"box":{"x":516,"y":92,"width":416,"height":9}},{"id":"3f640f68-8406-4754-b8f2-d71d2ab077df","block_type":"box","text":"Key Investor Information Document (KIID) and Prospectus before","page_number":3,"box":{"x":516,"y":105,"width":415,"height":8}},{"id":"847e9400-a14b-44eb-bdf3-46988fb7c960","block_type":"box","text":"making any final investment decision. The latest English version of","page_number":3,"box":{"x":516,"y":118,"width":422,"height":8}},{"id":"a3fe2ded-6ec7-43ad-bf76-d4b6bd33c181","block_type":"box","text":"the prospectus and the KID/KIID can be found at","page_number":3,"box":{"x":515,"y":130,"width":307,"height":9}},{"id":"872fc5c1-7777-4dac-b01b-859b97c153bd","block_type":"box","text":"www.ssga.com","page_number":3,"box":{"x":825,"y":132,"width":97,"height":7}},{"id":"f2858c9b-c0ee-403e-a670-177127c614f9","block_type":"box","text":". A","page_number":3,"box":{"x":923,"y":131,"width":16,"height":6}},{"id":"ddc424b5-f37a-4880-9174-0cd38e5a7f28","block_type":"box","text":"summary of investor rights can be found here:","page_number":3,"box":{"x":515,"y":143,"width":292,"height":9}},{"id":"07ea040b-4cde-4a27-b59e-12804931771d","block_type":"box","text":"https://www.ssga.","page_number":3,"box":{"x":811,"y":143,"width":116,"height":9}},{"id":"9b6ecdcc-0293-4ace-a423-b7f49336b593","block_type":"box","text":"com/library-content/products/fund-docs/summary-of-investor","page_number":3,"box":{"x":515,"y":156,"width":421,"height":9}},{"id":"d0dca265-796f-4dec-9ab1-14ae1c86f111","block_type":"box","text":"rights/ssga-investors-rights-summary-template-non-etf-Lu","page_number":3,"box":{"x":516,"y":169,"width":390,"height":9}},{"id":"b0dd3eae-ada6-4f62-b418-08b2c5f36884","block_type":"box","text":"x.pdf","page_number":3,"box":{"x":906,"y":169,"width":35,"height":9}},{"id":"db4e55b2-95a8-405b-b1af-022485fbebdf","block_type":"box","text":"Note that the Management Company may decide to terminate the","page_number":3,"box":{"x":516,"y":187,"width":418,"height":8}},{"id":"f006df9c-ed47-478f-bbe8-c52077f0229c","block_type":"box","text":"arrangements made for marketing and proceed with de-notification","page_number":3,"box":{"x":515,"y":199,"width":431,"height":9}},{"id":"d6a2e2af-ff7b-456b-b82b-4435d850408f","block_type":"box","text":"in compliance with Article 93a of Directive 2009/65/EC.","page_number":3,"box":{"x":516,"y":212,"width":354,"height":9}},{"id":"d5c15c3e-27df-475c-8079-700578b0e6e2","block_type":"box","text":"Investors should not evaluate an investment in the fund based solely","page_number":3,"box":{"x":516,"y":230,"width":403,"height":8}},{"id":"62a377f8-b99f-41e8-8aae-1d5dcb4af109","block_type":"box","text":"on the information above, but should consider other factors, including","page_number":3,"box":{"x":516,"y":243,"width":411,"height":8}},{"id":"82ebed68-bc3e-4958-b5c5-e23a9a899542","block_type":"box","text":"the fund’s overall investment objective and risk profile. Investors","page_number":3,"box":{"x":515,"y":255,"width":379,"height":9}},{"id":"70c76d1e-239c-402c-ab6e-2421de21c7d9","block_type":"box","text":"are encouraged to review the fund’s prospectus and KIID for more","page_number":3,"box":{"x":516,"y":268,"width":389,"height":9}},{"id":"4bc26b3c-843c-4339-a07f-4b6a733edf4d","block_type":"box","text":"information regarding the fund and where applicable, the fund’s SFDR","page_number":3,"box":{"x":516,"y":281,"width":411,"height":9}},{"id":"c7fec436-9da5-4cd2-93c1-ec95c100e0e3","block_type":"box","text":"category.","page_number":3,"box":{"x":516,"y":295,"width":54,"height":8}},{"id":"10461c21-98b7-4019-a5a6-6c03cfb2f664","block_type":"box","text":"Sustainability data is sourced from external providers. This data may","page_number":3,"box":{"x":515,"y":311,"width":408,"height":9}},{"id":"7092fe31-b1e3-4d77-b6c7-3b8b2f99ea5a","block_type":"box","text":"be incomplete, inaccurate, or unavailable for certain companies, which","page_number":3,"box":{"x":516,"y":324,"width":416,"height":9}},{"id":"1a8d6e49-6b62-4075-80a1-9bcc301f2a3b","block_type":"box","text":"could limit the ability to fully capture or reflect their sustainability","page_number":3,"box":{"x":516,"y":337,"width":382,"height":9}},{"id":"bda83fb8-5c30-4c36-9ca3-3d7552684c38","block_type":"box","text":"characteristics. As a result, there may be limitations reported in the","page_number":3,"box":{"x":516,"y":350,"width":397,"height":9}},{"id":"0ea74829-cbe7-4d52-b3e7-72c5183cfd71","block_type":"box","text":"sustainability metrics or indicators.","page_number":3,"box":{"x":515,"y":363,"width":207,"height":8}},{"id":"ca70f1cb-e6b4-4d94-b202-fc32f7dc5de1","block_type":"box","text":"The third-party information above has been obtained from sources","page_number":3,"box":{"x":515,"y":380,"width":398,"height":9}},{"id":"47db27e0-c0a3-4258-b8c7-53db3b6f2589","block_type":"box","text":"believed to be reliable as of the date indicated, but its accuracy is not","page_number":3,"box":{"x":516,"y":393,"width":407,"height":9}},{"id":"632dab68-5219-4615-a355-9c516afa2d8a","block_type":"box","text":"guaranteed by SSGA. SSGA is not liable for investment decisions based","page_number":3,"box":{"x":515,"y":406,"width":427,"height":9}},{"id":"3effb858-b256-4d62-979a-11f1c50307f7","block_type":"box","text":"on this information and it should not be relied on as such. There is no","page_number":3,"box":{"x":516,"y":419,"width":403,"height":7}},{"id":"64ab3ac9-2c28-44ae-aff8-1dfec3b3cd1c","block_type":"box","text":"representation or warranty as to the current accuracy, reliability or","page_number":3,"box":{"x":516,"y":432,"width":393,"height":8}},{"id":"4c9922ce-672f-430d-8efd-598afed64906","block_type":"box","text":"completeness of this information.","page_number":3,"box":{"x":516,"y":445,"width":197,"height":8}},{"id":"3b1d774a-d957-4aaa-8933-193402302e27","block_type":"box","text":"Data and metrics have been sourced as follows from the following","page_number":3,"box":{"x":516,"y":462,"width":389,"height":9}},{"id":"085e2f72-d09d-43da-b843-e738fdb1cfb0","block_type":"box","text":"contributors as of the date of this report, and are subject to their","page_number":3,"box":{"x":516,"y":475,"width":379,"height":9}},{"id":"a1b3d0c5-bee3-459f-ba6e-a9c277710887","block_type":"box","text":"disclosures below. All other data has been sourced by SSGA.","page_number":3,"box":{"x":516,"y":488,"width":360,"height":8}},{"id":"80aa9f90-834c-40d9-9750-195de5c1b741","block_type":"box","text":"Source: MSCI: Certain information contained herein (the “Information”)","page_number":3,"box":{"x":515,"y":505,"width":419,"height":8}},{"id":"c8836985-ca40-4a71-8f26-8b2acf6c95fe","block_type":"box","text":"is sourced from/copyright of MSCI Inc., MSCI ESG Research LLC, or their","page_number":3,"box":{"x":516,"y":518,"width":431,"height":9}},{"id":"5ccc6591-3902-4d7c-beb6-e6375f4e4d96","block_type":"box","text":"affiliates (“MSCI”), or information providers (together the “MSCI Parties”)","page_number":3,"box":{"x":516,"y":531,"width":428,"height":9}},{"id":"d9b84da8-1a58-4ded-a628-43886370990a","block_type":"box","text":"and may have been used to calculate scores, signals, or other indicators.","page_number":3,"box":{"x":516,"y":544,"width":427,"height":9}},{"id":"173ffbd6-5045-4ebf-8199-e86cc526c2b9","block_type":"box","text":"The Information is for internal use only and may not be reproduced or","page_number":3,"box":{"x":515,"y":557,"width":411,"height":8}},{"id":"e11604b1-f5e9-4457-8cc5-419cec2b1e03","block_type":"box","text":"disseminated in whole or part without prior written permission. The","page_number":3,"box":{"x":516,"y":570,"width":395,"height":8}},{"id":"bb0ce2ab-79ce-437e-a5b7-40e5292e6622","block_type":"box","text":"Information may not be used for, nor does it constitute, an offer to buy","page_number":3,"box":{"x":516,"y":582,"width":411,"height":9}},{"id":"90509ee5-9631-4706-8c1b-a712764f1d7e","block_type":"box","text":"or sell, or a promotion or recommendation of, any security, financial","page_number":3,"box":{"x":516,"y":595,"width":396,"height":9}},{"id":"299947c2-b582-49f2-9029-6a8ec6134ee4","block_type":"box","text":"instrument or product, trading strategy, or index, nor should it be taken as","page_number":3,"box":{"x":516,"y":608,"width":433,"height":9}},{"id":"b71c0bd3-b4a8-4dd9-862e-f7a74469734a","block_type":"box","text":"an indication or guarantee of any future performance. Some funds may","page_number":3,"box":{"x":516,"y":621,"width":420,"height":9}},{"id":"5d55268c-2c2b-485f-92e9-43d43942bbc5","block_type":"box","text":"be based on or linked to MSCI indexes, and MSCI may be compensated","page_number":3,"box":{"x":516,"y":634,"width":422,"height":8}},{"id":"23078702-5d2d-442e-a170-2ae6b7dcf725","block_type":"box","text":"based on the fund’s assets under management or other measures.","page_number":3,"box":{"x":516,"y":646,"width":392,"height":9}},{"id":"10e9fd3f-b9ba-4cdb-a069-5af779d8e29b","block_type":"box","text":"MSCI has established an information barrier between index research","page_number":3,"box":{"x":516,"y":659,"width":407,"height":7}},{"id":"40d6be7d-8989-49e9-b57a-756cfdb86ffb","block_type":"box","text":"and certain Information. None of the Information in and of itself can be","page_number":3,"box":{"x":516,"y":672,"width":413,"height":7}},{"id":"dee26555-402e-48e7-8127-cfe492eb0a7a","block_type":"box","text":"used to determine which securities to buy or sell or when to buy or sell","page_number":3,"box":{"x":516,"y":685,"width":412,"height":9}},{"id":"3369094c-3e01-41bf-a296-1c580a21150e","block_type":"box","text":"them. The Information is provided “as is” and the user assumes the entire","page_number":3,"box":{"x":515,"y":698,"width":431,"height":8}},{"id":"75cb1f2a-ec7d-442b-980d-5928b6249341","block_type":"box","text":"risk of any use it may make or permit to be made of the Information.","page_number":3,"box":{"x":516,"y":711,"width":398,"height":8}},{"id":"70e3fd64-9d40-4bfd-ab7e-1655343df91c","block_type":"box","text":"No MSCI Party warrants or guarantees the originality, accuracy and/","page_number":3,"box":{"x":516,"y":723,"width":403,"height":9}},{"id":"07b2bdd1-7a46-4735-84fe-d9698f9a2438","block_type":"box","text":"or completeness of the Information and each expressly disclaims all","page_number":3,"box":{"x":516,"y":736,"width":401,"height":9}},{"id":"05620b0f-e3d8-4c44-9689-2bb0b88a4975","block_type":"box","text":"express or implied warranties. No MSCI Party shall have any liability for","page_number":3,"box":{"x":516,"y":749,"width":418,"height":9}},{"id":"5e59beb6-c5dd-489b-9191-4860f8b3ba51","block_type":"box","text":"any errors or omissions in connection with any Information herein, or any","page_number":3,"box":{"x":516,"y":762,"width":428,"height":8}},{"id":"4da51e1b-3b6f-4af7-a58d-66beadc2414c","block_type":"box","text":"liability for any direct, indirect, special, punitive, consequential or any","page_number":3,"box":{"x":516,"y":775,"width":405,"height":8}},{"id":"c287e7fb-663b-49d4-b004-a9601af76d10","block_type":"box","text":"other damages (including lost profits) even if notified of the possibility of","page_number":3,"box":{"x":516,"y":787,"width":426,"height":9}},{"id":"69474d10-57ae-41ad-bc37-63c8f2e93558","block_type":"box","text":"such damages.","page_number":3,"box":{"x":515,"y":800,"width":89,"height":9}},{"id":"6e46a908-80d4-46f6-981a-7fbd2d308a94","block_type":"box","text":"The returns on a portfolio of securities which exclude companies that do","page_number":3,"box":{"x":515,"y":818,"width":429,"height":9}},{"id":"889bb16b-b669-410f-866a-d4131f6e43bd","block_type":"box","text":"not meet the portfolio’s sustainable strategy criteria may trail the returns","page_number":3,"box":{"x":516,"y":831,"width":428,"height":9}},{"id":"de359589-caa2-44f5-b4bb-118d446b3f3b","block_type":"box","text":"on a portfolio of securities which include such companies. A portfolio’s","page_number":3,"box":{"x":516,"y":844,"width":415,"height":8}},{"id":"1d43c5cb-ac5b-44c7-9c80-2cc65c144874","block_type":"box","text":"sustainable strategy criteria may result in the portfolio investing in","page_number":3,"box":{"x":515,"y":856,"width":389,"height":9}},{"id":"b2674912-f7a2-44d5-b1b0-96a4420a195c","block_type":"box","text":"industry sectors or securities which underperform the market as a whole.","page_number":3,"box":{"x":516,"y":869,"width":432,"height":9}},{"id":"f44f1f4b-b38a-44fc-b6fa-29c0b560ebcd","block_type":"box","text":"For AIFMD Funds where applicable:","page_number":3,"box":{"x":516,"y":887,"width":224,"height":8}},{"id":"cc10263e-bb7b-4b2b-bd27-abda05779a56","block_type":"box","text":"For Professional Client/Qualified Investor Use Only in the","page_number":3,"box":{"x":516,"y":904,"width":360,"height":9}},{"id":"b646eb52-09c9-4644-9f42-df40ca0543bb","block_type":"box","text":"Report ID: 5648888.1","page_number":3,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"2b223c75-1d11-426b-95d8-f2749edd4d62","block_type":"box","text":"Published: 13 Oct 2026","page_number":3,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"ad5827d2-f41e-4c60-b548-2afe8588d81e","block_type":"box","text":"P","page_number":3,"box":{"x":899,"y":968,"width":5,"height":6}},{"id":"3f1a86e2-e31c-459b-991a-677d2882835d","block_type":"box","text":"a","page_number":3,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"069f5bf4-615c-4c1d-ba93-9cfe24733741","block_type":"box","text":"g","page_number":3,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"c95e203e-3e76-4c79-9f9b-f08c2037b4b0","block_type":"box","text":"e","page_number":3,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"1ca1e1a4-ce68-4936-bc37-286434b1a2f3","block_type":"box","text":"3","page_number":3,"box":{"x":924,"y":968,"width":5,"height":6}},{"id":"65085c68-b829-48b2-be35-bc1b60c7bd8c","block_type":"box","text":"of","page_number":3,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"abef3a8b-07c6-403a-b733-2f81a7955bf4","block_type":"box","text":"4","page_number":3,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"d9ba881c-ecac-47cc-8f15-c3d1e49d2f61","block_type":"box","text":"Switzerland, Netherlands, Sweden and United Kingdom. Not for","page_number":4,"box":{"x":50,"y":35,"width":404,"height":9}},{"id":"0fc87926-9fdf-42ac-96ce-886d60f6766d","block_type":"box","text":"public distribution.","page_number":4,"box":{"x":51,"y":48,"width":119,"height":8}},{"id":"f3c61ae9-6ad9-4490-8d77-426126092e3e","block_type":"box","text":"In the UK, this document has been issued by State Street Global Advisors","page_number":4,"box":{"x":51,"y":65,"width":433,"height":9}},{"id":"25681624-93b1-4e1d-bee6-0980c7b3c424","block_type":"box","text":"Limited (“SSGAL”). Authorized and regulated by the Financial Conduct","page_number":4,"box":{"x":51,"y":78,"width":418,"height":9}},{"id":"3126d2f9-eeb3-4735-8928-4512549ad4c4","block_type":"box","text":"Authority, Registered No.2509928. VAT No. 5776591 81. Registered","page_number":4,"box":{"x":50,"y":91,"width":398,"height":9}},{"id":"fe5a0462-a781-4fa8-894c-e1b0a08575f9","block_type":"box","text":"office: 20 Churchill Place, Canary Wharf, London, E14 5HJ. Telephone:","page_number":4,"box":{"x":50,"y":104,"width":413,"height":9}},{"id":"d001cf84-d23c-42db-9ff9-2fbd093e5aa5","block_type":"box","text":"020 3395 6000. Facsimile: 020 3395 6350 Web:","page_number":4,"box":{"x":50,"y":117,"width":292,"height":7}},{"id":"6c9a677e-cbb7-4eac-bb57-82d78e35208e","block_type":"box","text":"www.ssg","page_number":4,"box":{"x":346,"y":119,"width":51,"height":6}},{"id":"f3da2183-7985-4091-956a-fe0161a41a03","block_type":"box","text":"a.com","page_number":4,"box":{"x":397,"y":119,"width":36,"height":5}},{"id":"1b4aba73-2d50-4c4d-a537-218525c665ff","block_type":"box","text":"NOTICE TO PERSONS IN THE EUROPEAN ECONOMIC AREA","page_number":4,"box":{"x":51,"y":134,"width":387,"height":7}},{"id":"9d70f119-42ea-4630-89dd-3695ec6092ca","block_type":"box","text":"(“EEA”)","page_number":4,"box":{"x":51,"y":147,"width":47,"height":8}},{"id":"3f85451a-4e1d-430e-b92f-55332dbc7683","block_type":"box","text":"The fund is permitted to market into the relevant EEA jurisdiction","page_number":4,"box":{"x":50,"y":165,"width":385,"height":8}},{"id":"14e832dd-e2db-4a90-93a9-951c14236c9f","block_type":"box","text":"pursuant to either Article 42 of AIFMD (if and as implemented under","page_number":4,"box":{"x":51,"y":177,"width":403,"height":9}},{"id":"714e4b04-a370-4205-8386-f4a1e97cb729","block_type":"box","text":"national laws of such member state); or (ii) can otherwise be lawfully","page_number":4,"box":{"x":51,"y":190,"width":401,"height":9}},{"id":"995ad89f-7026-4fee-b9f1-3e30e4ab9465","block_type":"box","text":"offered or sold (including on the basis of an unsolicited request from a","page_number":4,"box":{"x":50,"y":203,"width":412,"height":9}},{"id":"b3ad87f0-e5c7-4058-b21c-2c34d64625c9","block_type":"box","text":"professional client/qualified investor).","page_number":4,"box":{"x":51,"y":216,"width":221,"height":9}},{"id":"4c43e66e-48b8-4878-aa94-44c475178555","block_type":"box","text":"The Fund is an alternative investment fund for the purpose of the","page_number":4,"box":{"x":50,"y":234,"width":413,"height":8}},{"id":"7cec39ac-2cca-4fdc-b1ed-b529f1339728","block_type":"box","text":"European Union Alternative Investment Fund Managers Directive","page_number":4,"box":{"x":51,"y":247,"width":415,"height":8}},{"id":"69bffe78-9de0-4d41-9d13-a1f310bbf934","block_type":"box","text":"(Directive 2011/61/ EU) (the “AIFMD”). It is not a regulated collective","page_number":4,"box":{"x":51,"y":259,"width":427,"height":9}},{"id":"13eeff90-e1b0-4057-9201-d1400d4a4660","block_type":"box","text":"investment scheme for purposes of the Financial Services and","page_number":4,"box":{"x":51,"y":272,"width":394,"height":9}},{"id":"f8228b0c-f968-48b8-bbd2-6255a9708d6a","block_type":"box","text":"Markets Act 2000 of the United Kingdom (“FSMA”). The promotion","page_number":4,"box":{"x":51,"y":285,"width":426,"height":9}},{"id":"fd1e60f1-7825-4f31-8b9a-6ebd00e8593c","block_type":"box","text":"of the fund and the distribution of this material in the UK is","page_number":4,"box":{"x":50,"y":298,"width":369,"height":7}},{"id":"f58e73b4-81f9-46e4-bcfa-b4fe0aebf6ac","block_type":"box","text":"restricted by law to Professional Investors Only. The information","page_number":4,"box":{"x":51,"y":311,"width":408,"height":8}},{"id":"2d46e214-dc9c-4a8d-95ce-aeb97d4da733","block_type":"box","text":"provided does not constitute tax advice, investors should consult","page_number":4,"box":{"x":51,"y":323,"width":413,"height":9}},{"id":"aec8d266-75ee-4a4e-b0ea-c3988a42f67f","block_type":"box","text":"their tax advisors with respect to their particular tax situations and","page_number":4,"box":{"x":50,"y":336,"width":426,"height":9}},{"id":"5b127652-a911-441a-9df1-073a783be874","block_type":"box","text":"the tax effects of an investment in the Fund.","page_number":4,"box":{"x":50,"y":349,"width":277,"height":7}},{"id":"254d5aea-3a7f-468c-b71a-95d06d26a806","block_type":"box","text":"The fund is an alternative investment fund for the purpose of the","page_number":4,"box":{"x":50,"y":367,"width":410,"height":8}},{"id":"ed211da4-9b54-40c2-bb13-df6889abc655","block_type":"box","text":"European Union Alternative Investment Fund Managers Directive","page_number":4,"box":{"x":51,"y":380,"width":415,"height":8}},{"id":"c0e3d382-dab9-4f72-a230-0b10024d07db","block_type":"box","text":"(Directive 2011/61/ EU) (“AIFMD”). SSGA Funds Management, Inc.","page_number":4,"box":{"x":515,"y":35,"width":414,"height":9}},{"id":"b5363c9e-3f7b-4843-a354-66a464079045","block_type":"box","text":"or State Street Global Advisors Trust Company is the alternative","page_number":4,"box":{"x":515,"y":48,"width":411,"height":8}},{"id":"bb58ae3a-7d66-47c0-b206-3b9f9a345766","block_type":"box","text":"investment fund manager (“AIFM”) of the fund and is an affiliate of","page_number":4,"box":{"x":515,"y":60,"width":421,"height":9}},{"id":"bcd24e80-b02e-46dc-be69-5d775830e24d","block_type":"box","text":"State Street Global Advisors Limited.","page_number":4,"box":{"x":515,"y":73,"width":238,"height":7}},{"id":"fb9c22b1-3515-49c0-9d41-b367ff16d063","block_type":"box","text":"For Switzerland Qualified Investor: The distribution of interests of U.S.","page_number":4,"box":{"x":516,"y":91,"width":408,"height":7}},{"id":"2a2afacd-6e39-47a8-9332-56d153c86279","block_type":"box","text":"SPDR ETFs in Switzerland will be exclusively made to, and directed at,","page_number":4,"box":{"x":515,"y":104,"width":413,"height":9}},{"id":"fa3aa9fe-1771-474c-ac80-1fc549966fc8","block_type":"box","text":"qualified investors according to Article 10(3) and (3ter) of the Swiss","page_number":4,"box":{"x":515,"y":117,"width":397,"height":8}},{"id":"c41de385-1075-46bd-abff-bd74d88cc90e","block_type":"box","text":"Collective Investment Schemes Act (“CISA”) and its implementing","page_number":4,"box":{"x":515,"y":129,"width":391,"height":9}},{"id":"3dc9f167-81be-49f1-b4d3-8954ee292182","block_type":"box","text":"ordinance. The legal documents of U.S. SPDR ETFs can be obtained free","page_number":4,"box":{"x":515,"y":142,"width":428,"height":9}},{"id":"588fcf87-8ae5-42aa-a38a-8588a1ece194","block_type":"box","text":"of charge from the representative in Switzerland. Swiss Representative","page_number":4,"box":{"x":515,"y":155,"width":420,"height":9}},{"id":"a5ddc2ea-3194-40ed-88b7-342526fa6520","block_type":"box","text":"& Swiss Paying Agent: State Street Bank International GmbH","page_number":4,"box":{"x":515,"y":168,"width":360,"height":9}},{"id":"326da4b6-6684-4e1a-8675-d35a28e225bc","block_type":"box","text":"Kalanderplatz 5, 8045 Zürich, Switzerland Tel: +41 44 560 500.","page_number":4,"box":{"x":516,"y":181,"width":374,"height":8}},{"id":"9f9e5f45-8b2a-4124-bf62-89765cfbcbe7","block_type":"box","text":"SSGA Funds Management, Inc. serves as the investment advisor to the","page_number":4,"box":{"x":515,"y":198,"width":419,"height":9}},{"id":"a27acafc-d5cf-40c0-9341-c29ea41be669","block_type":"box","text":"SPDR ETFs that are registered with the United States Securities and","page_number":4,"box":{"x":515,"y":211,"width":404,"height":9}},{"id":"f52176dd-3932-4183-b71c-39926f33ca1c","block_type":"box","text":"Exchange Commission under the Investment Company Act of 1940.","page_number":4,"box":{"x":516,"y":224,"width":401,"height":9}},{"id":"d2a40e85-686f-4934-b75f-1e9891c711ad","block_type":"box","text":"SSGA Funds Management, Inc. is an affiliate of State Street Global","page_number":4,"box":{"x":515,"y":237,"width":392,"height":9}},{"id":"fb6944b8-5b7a-46f2-be4f-2ffe2951bb1a","block_type":"box","text":"Advisors Limited.","page_number":4,"box":{"x":515,"y":250,"width":103,"height":7}},{"id":"c866750d-24a1-46d2-8754-1b8f2952903c","block_type":"box","text":"Before investing, consider the funds’ investment objectives, risks,","page_number":4,"box":{"x":515,"y":267,"width":417,"height":9}},{"id":"0fd05f37-ed1f-4f06-8393-b3003cfccbf0","block_type":"box","text":"charges and expenses. To obtain a prospectus which contains","page_number":4,"box":{"x":515,"y":280,"width":393,"height":9}},{"id":"0f98df97-4da7-4f64-b7fe-9d7270ad4284","block_type":"box","text":"this and other information, visit ssga.com or talk to your financial","page_number":4,"box":{"x":515,"y":293,"width":411,"height":9}},{"id":"f3be2345-93bd-4a14-ad5b-83dbe2a72d36","block_type":"box","text":"advisor. Read it carefully before investing.","page_number":4,"box":{"x":515,"y":306,"width":266,"height":8}},{"id":"3de67648-9310-4efc-a161-778a4f948a2b","block_type":"box","text":"© 2026 State Street Corporation - All Rights Reserved.","page_number":4,"box":{"x":515,"y":331,"width":326,"height":9}},{"id":"7315537f-113b-44dc-a857-fe0a5e26bdcd","block_type":"box","text":"Tracking Code : 8886773.1.1.EMEA.INST","page_number":4,"box":{"x":515,"y":344,"width":236,"height":9}},{"id":"440ddcc6-cf88-4578-8db2-28e53024031c","block_type":"box","text":"Expiration Date : 04.30.2027","page_number":4,"box":{"x":516,"y":357,"width":169,"height":9}},{"id":"dd41635c-7166-4afc-988e-4bbda8bc8410","block_type":"box","text":"State Street Global Advisors Worldwide Ent","page_number":4,"box":{"x":515,"y":370,"width":259,"height":7}},{"id":"9491e21a-c6f4-456c-ab6c-ffc61d2bd796","block_type":"box","text":"ities","page_number":4,"box":{"x":775,"y":370,"width":23,"height":7}},{"id":"6ad0c4e6-6c5e-4043-92e4-c7eaf382cfa2","block_type":"box","text":"Report ID: 5648888.1","page_number":4,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"ffe79fea-1c37-4188-afe3-c40a2259953e","block_type":"box","text":"Published: 13 Oct 2026","page_number":4,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"ebda75c7-768b-4989-91c7-24e28e1a8391","block_type":"box","text":"P","page_number":4,"box":{"x":898,"y":968,"width":6,"height":6}},{"id":"75429a4c-0035-4ba1-84d4-a53fa9d64147","block_type":"box","text":"a","page_number":4,"box":{"x":904,"y":970,"width":6,"height":4}},{"id":"ed529dea-7b8c-478c-9585-b7f42059d7a2","block_type":"box","text":"g","page_number":4,"box":{"x":910,"y":970,"width":5,"height":5}},{"id":"cfd89c94-6261-4deb-91d2-4d81f71c06e5","block_type":"box","text":"e","page_number":4,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"5f7f7478-97ae-40e0-9000-bc4415e090ca","block_type":"box","text":"4","page_number":4,"box":{"x":923,"y":968,"width":7,"height":6}},{"id":"7fa7c9b8-5378-4086-8b46-9cf22a9f711e","block_type":"box","text":"of","page_number":4,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"c474e383-5570-48ad-a3e8-5a3d4f110266","block_type":"box","text":"4","page_number":4,"box":{"x":943,"y":968,"width":7,"height":6}}],"unit":"per_mille","page_width":595,"page_height":[{"value":841,"pages":[1]},{"value":842,"pages":[2,3,4]}],"attributes":{"chunk_type":"page_range","start_page":1,"end_page":4}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"0c29fbe3-00a8-4714-95a8-3408d7022014"},"user_id":1000002,"date_created":"2026-10-17T01:13:25.131000Z","date_modified":"2026-10-17T01:13:25.131000Z","private":false}