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Full financial details of any revenue","page_number":3,"box":{"x":518,"y":717,"width":399,"height":10}},{"id":"d0c2ea41-0703-4814-9417-4406f241c54a","block_type":"box","text":"earned and the direct and indirect operational costs and fees","page_number":3,"box":{"x":518,"y":732,"width":399,"height":10}},{"id":"e69b6fde-d3ac-4ef5-a62f-8768e0075a28","block_type":"box","text":"incurred with respect to securities lending for the Fund,","page_number":3,"box":{"x":519,"y":746,"width":397,"height":10}},{"id":"c3f62f22-b192-4e32-8d02-b5d325e2a4cb","block_type":"box","text":"including fees paid or payable to State Street Bank and Trust","page_number":3,"box":{"x":519,"y":760,"width":398,"height":10}},{"id":"980751b2-7b1b-4ae4-ae1a-bffbde51f993","block_type":"box","text":"Company acting through its London Branch, will be included","page_number":3,"box":{"x":518,"y":774,"width":398,"height":11}},{"id":"dfe1d0a6-c78a-409c-bec0-f0135382a45f","block_type":"box","text":"in the annual financial statements.","page_number":3,"box":{"x":519,"y":789,"width":226,"height":8}},{"id":"453db8e7-4ca7-4f45-8555-9c2ca99d3a7e","block_type":"box","text":"Please note that should the Directors elect to change the","page_number":3,"box":{"x":519,"y":812,"width":398,"height":10}},{"id":"6c51dee3-9a54-4ff8-bb6a-f0cde3b912b6","block_type":"box","text":"Company’s securities lending policy in the future, due","page_number":3,"box":{"x":518,"y":827,"width":399,"height":10}},{"id":"3496ae90-f96b-4399-a05d-5629c226a390","block_type":"box","text":"notification will be given to Shareholders and this","page_number":3,"box":{"x":519,"y":841,"width":398,"height":10}},{"id":"10ee3eae-33d5-4a4a-8dab-779a56642d60","block_type":"box","text":"Supplement will be updated accordingly.","page_number":3,"box":{"x":518,"y":855,"width":292,"height":10}},{"id":"93072d5d-5c87-4be9-a3fd-4c415c2a519d","block_type":"box","text":"Investment Risks","page_number":3,"box":{"x":519,"y":880,"width":163,"height":10}},{"id":"21d0c895-d0c1-4844-807b-3df7028292b8","block_type":"box","text":"Investment in the Fund carries with it a degree of risk.","page_number":3,"box":{"x":519,"y":902,"width":397,"height":11}},{"id":"19cc38b5-cc04-4bdf-aa27-2ba4c852ece9","block_type":"box","text":"Investors should read the “","page_number":3,"box":{"x":519,"y":917,"width":178,"height":8}},{"id":"947ad68f-fade-4b87-91d9-2cae563844f3","block_type":"box","text":"Risk Information","page_number":3,"box":{"x":699,"y":917,"width":117,"height":8}},{"id":"f61ffd37-f818-46b6-9989-192733703d25","block_type":"box","text":"” section of the","page_number":3,"box":{"x":818,"y":917,"width":99,"height":8}},{"id":"0b5ffe1f-a5cc-409d-be9d-e1c41d76bf59","block_type":"box","text":"State Street SPDR MSCI World Utilities UCITS ETF","page_number":4,"box":{"x":83,"y":44,"width":359,"height":8}},{"id":"e4b48b0e-3461-47be-a309-73d39e3bb752","block_type":"box","text":"Prospectus. In addition, the following risks are particularly","page_number":4,"box":{"x":83,"y":96,"width":398,"height":10}},{"id":"1a5f7973-9f03-4ac8-aef4-b01169504985","block_type":"box","text":"relevant for the Fund.","page_number":4,"box":{"x":83,"y":110,"width":142,"height":8}},{"id":"4299727c-de12-475b-97b0-a15b02d6c736","block_type":"box","text":"Index Tracking Risk:","page_number":4,"box":{"x":83,"y":134,"width":146,"height":10}},{"id":"0f9c4084-8bc3-4dac-b39d-7b3910f18da5","block_type":"box","text":"The Fund’s return may not match the","page_number":4,"box":{"x":234,"y":134,"width":247,"height":10}},{"id":"af1e992a-335d-47d9-9953-f35d01aa66c1","block_type":"box","text":"return of the Index. It is currently anticipated that the Fund","page_number":4,"box":{"x":83,"y":148,"width":398,"height":10}},{"id":"ad735961-a7e8-4020-8585-ae8f268f4955","block_type":"box","text":"will track the Index with a potential variation of up to 1%","page_number":4,"box":{"x":82,"y":162,"width":399,"height":10}},{"id":"6bf19083-2ef0-45d5-9a7c-2c232eb52106","block_type":"box","text":"annually under normal market conditions. The Fund’s ability","page_number":4,"box":{"x":82,"y":177,"width":399,"height":9}},{"id":"c5c01a6c-be2a-4332-9346-fe9f9c887af2","block_type":"box","text":"to track the Index will be affected by Fund expenses, the","page_number":4,"box":{"x":82,"y":191,"width":399,"height":10}},{"id":"9a7091a3-04e4-42f4-a013-964ded216500","block_type":"box","text":"amount of cash and cash equivalents held in its portfolio, and","page_number":4,"box":{"x":82,"y":205,"width":399,"height":10}},{"id":"f4557947-0192-4955-95bd-b1734fed580b","block_type":"box","text":"the frequency and the timing of purchases and sales of","page_number":4,"box":{"x":82,"y":219,"width":399,"height":10}},{"id":"a1173a4f-8a2c-41ab-a790-05290b1bbbae","block_type":"box","text":"interests in the Fund. The Investment Manager and/or Sub","page_number":4,"box":{"x":83,"y":233,"width":398,"height":11}},{"id":"9be9aab4-f32f-48ca-906e-8eca3ad51206","block_type":"box","text":"Investment Manager may attempt to replicate the Index","page_number":4,"box":{"x":83,"y":248,"width":398,"height":10}},{"id":"0ba758af-8a71-4d2c-b161-1f2c1bf65f57","block_type":"box","text":"return by investing in a sub-set of the securities in the Index,","page_number":4,"box":{"x":83,"y":262,"width":397,"height":10}},{"id":"70bcaba2-1235-4e74-87f2-cfa95a639261","block_type":"box","text":"or in some securities not included in the Index, potentially","page_number":4,"box":{"x":82,"y":276,"width":399,"height":10}},{"id":"7d31ed83-1fc2-46fb-b8ae-40dc1f6d3020","block_type":"box","text":"increasing the risk of divergence between the Fund’s return","page_number":4,"box":{"x":83,"y":290,"width":397,"height":10}},{"id":"96118d38-d4f3-42d2-9c1d-5d152683a4ab","block_type":"box","text":"and that of the Index.","page_number":4,"box":{"x":82,"y":305,"width":141,"height":8}},{"id":"0e4e8522-385e-4a38-804c-dde2d17fd150","block_type":"box","text":"Liquidity Risk & ETF Liquidity Risk","page_number":4,"box":{"x":83,"y":328,"width":270,"height":10}},{"id":"381bc938-ba87-469e-8270-abfb64aa7c58","block_type":"box","text":": Lack of a ready","page_number":4,"box":{"x":354,"y":328,"width":127,"height":10}},{"id":"f0468cf7-f9d0-4de3-9f01-9e456970e945","block_type":"box","text":"market or restrictions on resale may limit the ability of the","page_number":4,"box":{"x":83,"y":343,"width":398,"height":10}},{"id":"31b343bc-cc23-42c0-90cc-f7c0511e8be7","block_type":"box","text":"Fund to sell a security at an advantageous time or price or","page_number":4,"box":{"x":83,"y":357,"width":399,"height":10}},{"id":"4e1dada5-a1d2-4ad2-9684-c3ecb8b7f761","block_type":"box","text":"at all. Illiquid securities may trade at a discount from","page_number":4,"box":{"x":82,"y":371,"width":398,"height":10}},{"id":"9a09c431-b876-4a00-b034-e683671bd701","block_type":"box","text":"comparable, more liquid investments and may be subject to","page_number":4,"box":{"x":83,"y":385,"width":398,"height":10}},{"id":"12d67bd4-5cfc-4139-9bc4-f5b4a83bcddd","block_type":"box","text":"wide fluctuations in market value. Illiquidity of the Fund’s","page_number":4,"box":{"x":82,"y":399,"width":399,"height":11}},{"id":"c5d890df-1ffd-45f2-b985-c03f3edfb875","block_type":"box","text":"holdings may limit the ability of the Fund to obtain cash to","page_number":4,"box":{"x":83,"y":414,"width":398,"height":10}},{"id":"3e9fac12-1939-4a79-8e2b-65c76c0f705e","block_type":"box","text":"meet redemptions on a timely basis. Where the fund invests","page_number":4,"box":{"x":83,"y":428,"width":398,"height":10}},{"id":"eb6e1931-5f56-499a-8969-b0f88cbbb29b","block_type":"box","text":"in illiquid securities or does not trade in large volumes, the","page_number":4,"box":{"x":83,"y":442,"width":398,"height":10}},{"id":"6d15eca8-5f1e-4d01-8202-9bdbd8fb726b","block_type":"box","text":"bid offer spreads of the Fund may widen, the Fund may be","page_number":4,"box":{"x":83,"y":456,"width":398,"height":11}},{"id":"6da781f5-c99d-4825-a67d-ce4b099075c0","block_type":"box","text":"exposed to increased valuation risk and reduced ability to","page_number":4,"box":{"x":83,"y":471,"width":398,"height":10}},{"id":"33e0c3ea-2c22-484b-b729-9d6e2af54613","block_type":"box","text":"trade. 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This concentration may also limit the","page_number":4,"box":{"x":83,"y":580,"width":398,"height":10}},{"id":"d41e4588-8dc9-42a4-b749-3bbf7c73663a","block_type":"box","text":"liquidity of the Fund. Investors may buy or sell substantial","page_number":4,"box":{"x":83,"y":594,"width":397,"height":10}},{"id":"9261917c-8bc5-44e6-8c6f-db15262a0a7e","block_type":"box","text":"amounts of the Fund’s shares in response to factors","page_number":4,"box":{"x":82,"y":608,"width":399,"height":10}},{"id":"fd468cb5-26d6-47fb-b018-887b876cf0cf","block_type":"box","text":"affecting or expected to affect a sector in which the Fund","page_number":4,"box":{"x":82,"y":623,"width":399,"height":10}},{"id":"7a7640ae-2e26-421a-8b17-71c21fbac9ea","block_type":"box","text":"focuses its investments.","page_number":4,"box":{"x":82,"y":637,"width":159,"height":8}},{"id":"2632b895-161f-4f61-8060-526ffef8dfdf","block_type":"box","text":"Derivatives Risk:","page_number":4,"box":{"x":83,"y":661,"width":123,"height":7}},{"id":"8eb495db-8b2c-418d-ab72-a50ba8549c2a","block_type":"box","text":"The Fund may use FDIs for efficient","page_number":4,"box":{"x":222,"y":661,"width":259,"height":10}},{"id":"37e88efa-b2a3-4461-ac67-dcff5e33a365","block_type":"box","text":"portfolio management purposes as described in the","page_number":4,"box":{"x":83,"y":675,"width":398,"height":10}},{"id":"ad4dd936-9614-437a-918b-2bae7a25d1ac","block_type":"box","text":"derivatives section under Permitted Investments above. The","page_number":4,"box":{"x":82,"y":689,"width":399,"height":8}},{"id":"79a296a0-5f40-4ff2-8fae-e22e436457a2","block_type":"box","text":"Fund’s use of FDIs involves risks different from, and possibly","page_number":4,"box":{"x":83,"y":703,"width":398,"height":10}},{"id":"ead7f535-425b-4c97-98c0-c094e5d1ed60","block_type":"box","text":"greater than, the risks associated with investing directly in","page_number":4,"box":{"x":83,"y":718,"width":397,"height":10}},{"id":"9b0bcfa3-1d5a-42fe-b6f9-f7f11faac0d4","block_type":"box","text":"securities.","page_number":4,"box":{"x":82,"y":732,"width":67,"height":8}},{"id":"d84a7f29-44b2-4dfd-b48e-1e0a15786f40","block_type":"box","text":"Integrating Sustainability Risk:","page_number":4,"box":{"x":83,"y":755,"width":219,"height":11}},{"id":"d5e09e4d-9459-4643-ab31-06665bb66e09","block_type":"box","text":"Sustainability Risk has not","page_number":4,"box":{"x":307,"y":755,"width":174,"height":11}},{"id":"5d27ec08-1eae-4c5a-8fa1-cff725f38328","block_type":"box","text":"been integrated into the Fund’s investment process. 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