{"annotation_id":"8708b9c8-928b-4f99-9138-20b5ffeaccad","file_hash":"561469e1d5d18dc4edcf6723cee17eb622031b085c26993d537500c55c7dc829","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"0b850a2e-9559-43ff-840d-9fb8ddb39657","block_type":"box","text":"State Street® SPDR® Bloomberg Euro","page_number":1,"box":{"x":51,"y":71,"width":639,"height":23}},{"id":"0bb22235-7eae-4d3a-9b38-bd5a57f52e51","block_type":"box","text":"High Yield Bond UCITS ETF (Dist)","page_number":1,"box":{"x":52,"y":104,"width":569,"height":24}},{"id":"5ea6605f-9d5f-4182-a8f4-8aed763b9224","block_type":"box","text":"Asset Class","page_number":1,"box":{"x":754,"y":46,"width":58,"height":6}},{"id":"06be207a-3934-4388-8d82-9ee0791e7212","block_type":"box","text":"Fixed Income","page_number":1,"box":{"x":754,"y":62,"width":71,"height":5}},{"id":"ffdb8d92-74bf-4316-8a9e-40106f65d0cc","block_type":"box","text":"Fund Identifier","page_number":1,"box":{"x":754,"y":92,"width":72,"height":6}},{"id":"669c0e87-3bf1-4870-81b9-c75eb3837d84","block_type":"box","text":"IE00B6YX5M31","page_number":1,"box":{"x":754,"y":107,"width":83,"height":6}},{"id":"8cb68c9c-9ae8-47d3-a5e9-e38ce559310e","block_type":"box","text":"As of 30 Sep 2026","page_number":1,"box":{"x":753,"y":138,"width":97,"height":7}},{"id":"4fc3c5f6-78e3-4d51-9426-f8b48625ecc8","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":174,"width":884,"height":9}},{"id":"eeb785c0-a91a-46f0-a526-836c2fce9915","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":187,"width":888,"height":9}},{"id":"8999299c-0385-4435-b525-d7ca5ac70834","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":200,"width":866,"height":9}},{"id":"e8a62247-2c04-4b3e-bb29-0e75206eab94","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":213,"width":842,"height":9}},{"id":"f5850f40-edb2-4b1c-b411-65b1fda8c0b1","block_type":"box","text":"objectives and investment policy and any sustainable characteristics it may promote or target.","page_number":1,"box":{"x":50,"y":226,"width":560,"height":8}},{"id":"a0984606-9931-4b9f-bebe-d7258b787790","block_type":"box","text":"Climate Metrics","page_number":1,"box":{"x":51,"y":274,"width":225,"height":16}},{"id":"353755a6-878d-44f4-80c0-0e1cc68e809e","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":307,"width":878,"height":8}},{"id":"3dc58ca0-bd8d-49d8-828b-755a74733dd9","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":321,"width":875,"height":7}},{"id":"2df7177b-9bdd-4589-9eb7-0e13cab589ed","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":332,"width":481,"height":7}},{"id":"132fd44b-a563-43f7-846d-8517abd192d1","block_type":"box","text":"Actual results may differ.","page_number":1,"box":{"x":50,"y":346,"width":123,"height":7}},{"id":"1d13f410-af35-4178-b43a-5c15fa185c42","block_type":"box","text":"Companies with SBTi","page_number":1,"box":{"x":50,"y":377,"width":164,"height":10}},{"id":"c2196901-e061-4ac5-84b4-9c61542897b3","block_type":"box","text":"Approved Targets","page_number":1,"box":{"x":50,"y":392,"width":138,"height":10}},{"id":"eabbc2e5-d3d1-4f89-b9cd-07ed2cad4378","block_type":"box","text":"Potential Emissions","page_number":1,"box":{"x":284,"y":378,"width":146,"height":8}},{"id":"3b9a7385-d41c-427a-a66b-454cb767b015","block_type":"box","text":"45.28%","page_number":1,"box":{"x":104,"y":415,"width":61,"height":8}},{"id":"14893cdc-d239-4d8c-ada9-3a2425de37f2","block_type":"box","text":"0.06","page_number":1,"box":{"x":338,"y":415,"width":40,"height":8}},{"id":"1f25b1c4-cc8e-4cb3-8ddf-fe7a3e664301","block_type":"box","text":"ktCO2-eq per $mn invested","page_number":1,"box":{"x":338,"y":431,"width":111,"height":7}},{"id":"328fd27c-9233-46e0-8d14-c94b8299a96f","block_type":"box","text":"Green/Fossil Fuel","page_number":1,"box":{"x":50,"y":463,"width":134,"height":9}},{"id":"676cdf1c-1865-4d4d-ae74-5545e5cc3ef7","block_type":"box","text":"Based Revenue Ratio","page_number":1,"box":{"x":51,"y":478,"width":157,"height":8}},{"id":"d2eb19c3-2981-47fd-9ee8-0b0741820b17","block_type":"box","text":"Green Bonds","page_number":1,"box":{"x":284,"y":463,"width":96,"height":8}},{"id":"105faa40-6b3e-4e96-8209-c64fb9ab5ce6","block_type":"box","text":"1.39","page_number":1,"box":{"x":105,"y":501,"width":39,"height":8}},{"id":"197355cf-55de-4bf6-8d28-c8a40b2245a7","block_type":"box","text":"6.45%","page_number":1,"box":{"x":338,"y":501,"width":51,"height":8}},{"id":"6cb10ac0-98e2-44c8-b5a9-de0618b43fa6","block_type":"box","text":"Brown Revenues","page_number":1,"box":{"x":51,"y":549,"width":125,"height":8}},{"id":"59dbb0ce-f1c8-4c5e-aafa-94c5c74188b4","block_type":"box","text":"Low Carbon Transition","page_number":1,"box":{"x":284,"y":549,"width":175,"height":8}},{"id":"e879baa8-33c8-4aad-8295-82aea86281de","block_type":"box","text":"Score","page_number":1,"box":{"x":284,"y":563,"width":43,"height":9}},{"id":"f667fbbf-4636-4cd1-9a75-f00bf1608dee","block_type":"box","text":"3.55%","page_number":1,"box":{"x":104,"y":587,"width":51,"height":8}},{"id":"f3e2c3d1-ed6e-43ef-a9a5-32b2814fc56a","block_type":"box","text":"5.88","page_number":1,"box":{"x":338,"y":587,"width":40,"height":8}},{"id":"87c40caf-d2ec-463f-a86a-af4183de674f","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":51,"y":616,"width":93,"height":7}},{"id":"0515fd07-ef08-40b8-9767-0d9786679c01","block_type":"box","text":"71.76%","page_number":1,"box":{"x":182,"y":617,"width":46,"height":6}},{"id":"1b7f32b5-d206-4f98-97bf-5476a4954dbc","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":284,"y":616,"width":93,"height":7}},{"id":"d8c305ab-6dbd-482f-b97c-9204f6a670eb","block_type":"box","text":"67.39%","page_number":1,"box":{"x":416,"y":617,"width":45,"height":6}},{"id":"314e5967-60d6-4fe0-8bf5-bbcc4baa62be","block_type":"box","text":"Implied Temperature","page_number":1,"box":{"x":51,"y":648,"width":162,"height":10}},{"id":"97e06ed9-c653-406c-9303-7bc3d41b8937","block_type":"box","text":"Rise (°C)","page_number":1,"box":{"x":51,"y":663,"width":64,"height":9}},{"id":"82656d7f-7745-4e3e-a9cc-13b3bf2cf63a","block_type":"box","text":"2.17","page_number":1,"box":{"x":105,"y":687,"width":39,"height":8}},{"id":"7e5f4d29-3db0-4a0e-b776-f886a0cca70b","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":51,"y":716,"width":93,"height":7}},{"id":"c8b52781-bf86-4675-b881-7d80d65e9ecf","block_type":"box","text":"48.19%","page_number":1,"box":{"x":182,"y":717,"width":46,"height":6}},{"id":"e11a304e-8e70-47db-a35b-174d4d8d1111","block_type":"box","text":"Carbon Footprint","page_number":1,"box":{"x":50,"y":747,"width":133,"height":10}},{"id":"b94e052d-2801-42bd-ae1b-95b07ccc905a","block_type":"box","text":"(t CO2e/$M EVIC)","page_number":1,"box":{"x":184,"y":750,"width":76,"height":6}},{"id":"05c2d892-bb47-4236-aaa2-9416a9029d42","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":318,"y":766,"width":41,"height":6}},{"id":"260ce072-9caf-49c3-93c2-6ac6ba9e8c09","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":390,"y":766,"width":93,"height":8}},{"id":"cfad90f6-b74d-4e60-80b2-722b97c241aa","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":50,"y":780,"width":37,"height":8}},{"id":"8c5e0f25-10bf-43c2-8a80-7721d964b85a","block_type":"box","text":"80.50","page_number":1,"box":{"x":322,"y":782,"width":37,"height":5}},{"id":"0c20ca02-fed2-4b47-ae70-18e6d9d02bb2","block_type":"box","text":"70.82%","page_number":1,"box":{"x":438,"y":782,"width":45,"height":5}},{"id":"63d6313a-338f-4ab9-ad8f-5777b9936d53","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":50,"y":797,"width":41,"height":7}},{"id":"58d0528f-7245-46ea-8681-cd6712ed437d","block_type":"box","text":"22.99","page_number":1,"box":{"x":322,"y":798,"width":37,"height":6}},{"id":"9bd94c4a-1f81-4a9e-9f84-b7d0bc126c4e","block_type":"box","text":"70.82%","page_number":1,"box":{"x":438,"y":798,"width":45,"height":6}},{"id":"7597ea54-b055-4d4c-b57f-672c9e5f44cd","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":50,"y":814,"width":41,"height":7}},{"id":"79281a6f-8fa7-4ce8-9ee3-35e28f23be6b","block_type":"box","text":"816.96","page_number":1,"box":{"x":314,"y":815,"width":45,"height":6}},{"id":"8c9f5ae6-8a1e-4826-afc0-0f954b17a1d1","block_type":"box","text":"70.56%","page_number":1,"box":{"x":438,"y":815,"width":45,"height":6}},{"id":"f73856c3-1e66-4181-8987-bed3aadca6ab","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":50,"y":830,"width":52,"height":7}},{"id":"882fdcaa-7918-4d6d-975b-fa04343e0ba5","block_type":"box","text":"103.48","page_number":1,"box":{"x":314,"y":831,"width":45,"height":6}},{"id":"fd6c6648-5ab4-4bc4-808f-6830d08c579d","block_type":"box","text":"70.82%","page_number":1,"box":{"x":438,"y":831,"width":45,"height":6}},{"id":"5c6aece7-08a6-429c-b1f9-8a8fefbdf9c2","block_type":"box","text":"Scope 1+2+3","page_number":1,"box":{"x":50,"y":847,"width":66,"height":7}},{"id":"1643f0f6-485a-4f85-9846-6c31b157a609","block_type":"box","text":"954.57","page_number":1,"box":{"x":314,"y":848,"width":45,"height":6}},{"id":"709533b4-ea1a-4e40-91d6-0d5891ba89f9","block_type":"box","text":"68.37%","page_number":1,"box":{"x":438,"y":848,"width":45,"height":6}},{"id":"a398984a-0f52-436b-93d2-e33de390dcfa","block_type":"box","text":"Total Carbon Emissions","page_number":1,"box":{"x":516,"y":378,"width":177,"height":8}},{"id":"80ca2f72-3838-4853-a0f8-49211b1182b8","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":401,"width":42,"height":6}},{"id":"85d0e4b3-f569-474a-8ba6-785dee7695eb","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":401,"width":93,"height":8}},{"id":"8e3207cb-6406-4c06-ad78-f3f897ab1e35","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":516,"y":415,"width":37,"height":8}},{"id":"6756eea5-2d3f-419c-be27-2a33f6c343e9","block_type":"box","text":"29,129.44","page_number":1,"box":{"x":772,"y":417,"width":69,"height":7}},{"id":"56f0627b-52cf-41f7-8c89-a00754dd560e","block_type":"box","text":"70.82%","page_number":1,"box":{"x":903,"y":417,"width":45,"height":6}},{"id":"d0b91bb9-706c-43dc-8d06-67d5a6cf28b6","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":516,"y":432,"width":40,"height":7}},{"id":"fd112deb-499b-4f9f-9cd1-6ed5c5914c78","block_type":"box","text":"8,318.28","page_number":1,"box":{"x":780,"y":433,"width":61,"height":8}},{"id":"6d7f7c73-e955-4edb-bc71-50e2fe444571","block_type":"box","text":"70.82%","page_number":1,"box":{"x":903,"y":433,"width":45,"height":6}},{"id":"6f7b8fc3-8b61-4c7b-b192-2d3f227a9c3f","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":516,"y":449,"width":40,"height":7}},{"id":"b5720282-a8c8-48d3-8e40-258bfe84c904","block_type":"box","text":"294,525.54","page_number":1,"box":{"x":765,"y":450,"width":76,"height":7}},{"id":"f586bf34-eacd-4ee1-9d83-2ba16b6cb6d7","block_type":"box","text":"70.56%","page_number":1,"box":{"x":903,"y":450,"width":45,"height":6}},{"id":"b4080fb9-d15c-46fe-beb9-865ff40b2398","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":516,"y":465,"width":51,"height":8}},{"id":"78b3f891-0603-40da-8135-d33f7df5ac4a","block_type":"box","text":"37,447.55","page_number":1,"box":{"x":772,"y":467,"width":68,"height":7}},{"id":"9e190c23-5bee-4a42-b1ae-f9a3053ca4f8","block_type":"box","text":"70.82%","page_number":1,"box":{"x":903,"y":467,"width":45,"height":5}},{"id":"e0da6f01-0609-4755-bbb3-eadd030fa5ec","block_type":"box","text":"Weighted Average Carbon Intensity","page_number":1,"box":{"x":515,"y":509,"width":271,"height":10}},{"id":"8c0cc2e1-d1b0-49d5-b55e-32ccab8933bb","block_type":"box","text":"(t CO2e/$M Sales)","page_number":1,"box":{"x":787,"y":512,"width":77,"height":6}},{"id":"3419106d-16c9-4c86-a76d-bd14c5efb82c","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":533,"width":42,"height":5}},{"id":"06562eef-214c-48be-bb8e-ac82bd98c7f2","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":533,"width":93,"height":7}},{"id":"b2d48565-f0c7-49b1-aa86-d812a497e862","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":516,"y":547,"width":37,"height":7}},{"id":"56a6737c-39dd-442c-a226-af559612a8b8","block_type":"box","text":"115.10","page_number":1,"box":{"x":796,"y":548,"width":45,"height":6}},{"id":"e59431c1-4543-4329-ae5a-a1b547525a21","block_type":"box","text":"71.76%","page_number":1,"box":{"x":903,"y":548,"width":45,"height":6}},{"id":"dd374eda-80f7-48eb-8fea-dca8f40ad381","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":516,"y":563,"width":40,"height":7}},{"id":"4f370c52-1edf-4af6-a9d0-96fe7bd481d1","block_type":"box","text":"34.14","page_number":1,"box":{"x":803,"y":564,"width":38,"height":6}},{"id":"34f038b7-5376-404e-8f02-980a4b486829","block_type":"box","text":"71.76%","page_number":1,"box":{"x":903,"y":564,"width":45,"height":6}},{"id":"d70f3284-a77c-4245-bbd1-616a61d0fb2a","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":516,"y":580,"width":40,"height":7}},{"id":"ff9bfb61-4b23-45ea-abb8-2ed9c5ea4f5b","block_type":"box","text":"644.71","page_number":1,"box":{"x":795,"y":581,"width":46,"height":6}},{"id":"577d57ef-b4d5-4a5b-bed3-b2398991be53","block_type":"box","text":"71.49%","page_number":1,"box":{"x":903,"y":581,"width":45,"height":6}},{"id":"8cfc2c8d-6665-43f0-87a7-6a63a573901f","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":516,"y":597,"width":51,"height":7}},{"id":"9341d048-3c6e-4225-946c-f5d47b7c5541","block_type":"box","text":"149.50","page_number":1,"box":{"x":796,"y":598,"width":45,"height":6}},{"id":"a4b65f86-ed10-49b5-902f-a7010edacdd5","block_type":"box","text":"71.76%","page_number":1,"box":{"x":903,"y":598,"width":45,"height":6}},{"id":"4a58121e-6af2-465d-bdf1-361b86568535","block_type":"box","text":"Scope 1+2+3","page_number":1,"box":{"x":516,"y":613,"width":66,"height":7}},{"id":"ffe2eeb8-8ce9-426c-a548-b4059573fd89","block_type":"box","text":"798.81","page_number":1,"box":{"x":795,"y":614,"width":46,"height":6}},{"id":"8fb7b938-158b-486d-b44b-6a6560471799","block_type":"box","text":"71.49%","page_number":1,"box":{"x":903,"y":614,"width":45,"height":6}},{"id":"af9a6e19-ec25-4fee-90ec-5ac5bd2f0cc0","block_type":"box","text":"Climate Value at Risk","page_number":1,"box":{"x":516,"y":656,"width":189,"height":9}},{"id":"fa3e8a61-e258-47eb-b523-b065b363c59c","block_type":"box","text":"Policy Risk VaR","page_number":1,"box":{"x":516,"y":681,"width":82,"height":7}},{"id":"93888d48-2f44-4ada-b0c2-7a456459849e","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":681,"width":42,"height":6}},{"id":"ceba4572-a1ee-40e8-8ae2-4da690976461","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":681,"width":93,"height":7}},{"id":"b7db5c8c-ed97-4d76-8b6e-3d1762b8036d","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":695,"width":127,"height":7}},{"id":"fa0769ac-79eb-414e-acd0-44c04f1b7cc8","block_type":"box","text":"-30.83%","page_number":1,"box":{"x":789,"y":696,"width":52,"height":6}},{"id":"5d1156bd-40c0-4677-9f06-d63c49acbba4","block_type":"box","text":"48.73%","page_number":1,"box":{"x":903,"y":696,"width":45,"height":6}},{"id":"ca2cf608-fb47-4137-9e41-a2545be7f816","block_type":"box","text":"Disorderly Transition (2 °C)","page_number":1,"box":{"x":516,"y":712,"width":134,"height":7}},{"id":"5bfb8e2b-0561-4f17-bc6e-aed5341bf59f","block_type":"box","text":"-12.50%","page_number":1,"box":{"x":789,"y":713,"width":52,"height":6}},{"id":"d9170e65-68b7-411e-94da-ac7a79240f73","block_type":"box","text":"48.73%","page_number":1,"box":{"x":903,"y":713,"width":45,"height":6}},{"id":"9a61cef6-a738-46ef-93de-bcbc070b6099","block_type":"box","text":"Hothouse (3 °C)","page_number":1,"box":{"x":516,"y":728,"width":79,"height":7}},{"id":"8e4a1dde-87bf-4a93-ac73-400579244ef6","block_type":"box","text":"-9.32%","page_number":1,"box":{"x":797,"y":730,"width":44,"height":5}},{"id":"1013b38b-cd5b-4985-9c60-7423fdc48faf","block_type":"box","text":"48.73%","page_number":1,"box":{"x":903,"y":730,"width":45,"height":5}},{"id":"e4c0cd48-9180-4d6b-a361-e79d6523346c","block_type":"box","text":"Technology Opportunities VaR","page_number":1,"box":{"x":516,"y":745,"width":164,"height":7}},{"id":"06a56419-2019-4c2b-ac4a-f387a87561b8","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":762,"width":127,"height":7}},{"id":"eadddce0-1133-46f3-a57d-70ef09328b18","block_type":"box","text":"6.64%","page_number":1,"box":{"x":803,"y":763,"width":38,"height":6}},{"id":"96bf9c9d-b131-4c4d-9138-d5c804270704","block_type":"box","text":"38.62%","page_number":1,"box":{"x":903,"y":763,"width":45,"height":6}},{"id":"2e187bc4-cd4a-44d1-868e-6d77dee62203","block_type":"box","text":"Disorderly Transition (2 °C)","page_number":1,"box":{"x":516,"y":778,"width":134,"height":8}},{"id":"aa1bc0f9-ded2-4e0a-bebf-6deab7035455","block_type":"box","text":"1.76%","page_number":1,"box":{"x":803,"y":779,"width":38,"height":6}},{"id":"aca460ad-a681-4a6d-990f-f74d5ec477a6","block_type":"box","text":"38.62%","page_number":1,"box":{"x":903,"y":779,"width":45,"height":6}},{"id":"c5637f90-3371-47f7-879a-31e700db6d1e","block_type":"box","text":"Hothouse (3 °C)","page_number":1,"box":{"x":516,"y":795,"width":79,"height":6}},{"id":"b6cf5ff0-8f17-4ac8-ae13-c8d083c27748","block_type":"box","text":"2.13%","page_number":1,"box":{"x":803,"y":796,"width":38,"height":6}},{"id":"f0083844-cf7a-4754-8de8-508b16c3df3d","block_type":"box","text":"38.62%","page_number":1,"box":{"x":903,"y":796,"width":45,"height":6}},{"id":"2073c77a-5ba5-4b45-9cf6-d6186bf7a5f2","block_type":"box","text":"Physical Risk VaR","page_number":1,"box":{"x":516,"y":812,"width":95,"height":7}},{"id":"a21806cc-2460-4f40-9d68-5d9748c92dfd","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":828,"width":127,"height":7}},{"id":"ecbf10d9-1301-452a-adce-ab09431c3c1c","block_type":"box","text":"-0.49%","page_number":1,"box":{"x":797,"y":829,"width":44,"height":6}},{"id":"fdee15c6-2a2d-4740-9ad4-2d5955901615","block_type":"box","text":"46.76%","page_number":1,"box":{"x":903,"y":829,"width":45,"height":6}},{"id":"77fd589e-2833-4fd4-a1b6-19590b51cc78","block_type":"box","text":"Disorderly Transition (2 °C)","page_number":1,"box":{"x":516,"y":845,"width":134,"height":7}},{"id":"2979dbb1-88e2-4756-855d-80115359fccf","block_type":"box","text":"-1.09%","page_number":1,"box":{"x":797,"y":846,"width":44,"height":6}},{"id":"9cb4af2e-f826-4021-87b9-250a94f8437b","block_type":"box","text":"46.76%","page_number":1,"box":{"x":903,"y":846,"width":45,"height":6}},{"id":"dd603519-83a7-4466-8a1c-6e507d99e282","block_type":"box","text":"Hothouse (3 °C)","page_number":1,"box":{"x":516,"y":861,"width":79,"height":7}},{"id":"c114ccb1-b0ec-4bd1-a422-b2402c86f02a","block_type":"box","text":"-1.65%","page_number":1,"box":{"x":797,"y":863,"width":44,"height":5}},{"id":"f245d9ee-5eb0-4931-9cdc-5a4d9d445e4d","block_type":"box","text":"46.76%","page_number":1,"box":{"x":903,"y":863,"width":45,"height":5}},{"id":"8f373222-9d82-4846-adaf-03bf7e6e9198","block_type":"box","text":"Report ID: 5648709.1","page_number":1,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"c09d66dd-1ae3-465a-a237-06e2bb370aff","block_type":"box","text":"Published: 13 Oct 2026","page_number":1,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"57e0c70d-57d8-4811-a64c-c470c3dc7942","block_type":"box","text":"P","page_number":1,"box":{"x":902,"y":968,"width":5,"height":6}},{"id":"85d1f419-b61f-4b50-b28f-26907a4cb26c","block_type":"box","text":"a","page_number":1,"box":{"x":908,"y":970,"width":5,"height":4}},{"id":"091b78d6-a885-474a-89e8-e644cdcee119","block_type":"box","text":"g","page_number":1,"box":{"x":913,"y":970,"width":6,"height":5}},{"id":"2343fd27-b801-4b4c-adc7-dd47d98ba5f9","block_type":"box","text":"e","page_number":1,"box":{"x":919,"y":970,"width":5,"height":4}},{"id":"8cecdf97-a1fd-4f4d-b67b-d0be0c8eb8f1","block_type":"box","text":"1","page_number":1,"box":{"x":926,"y":968,"width":3,"height":6}},{"id":"173c2249-d4d5-4dcd-a31a-4d50ce65ac3c","block_type":"box","text":"of","page_number":1,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"cba090f5-0a06-4601-94f0-ee12cd2b05c2","block_type":"box","text":"4","page_number":1,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"9a5b40e1-b4fe-476f-8387-34a300f15612","block_type":"box","text":"Glossary","page_number":2,"box":{"x":51,"y":59,"width":129,"height":19}},{"id":"50e9a226-4927-4f80-bbc1-7496d6782b7d","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":"d38dfd4f-1d35-4842-867c-da1b7f0c861c","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":"e564976c-9432-410e-ae8b-5f90ef347891","block_type":"box","text":"otherwise stated.","page_number":2,"box":{"x":51,"y":120,"width":102,"height":7}},{"id":"39a3edbc-87d8-40bf-85ae-f5d1781df576","block_type":"box","text":"Climate Metrics","page_number":2,"box":{"x":51,"y":152,"width":157,"height":11}},{"id":"ac569bf0-d24c-43b2-abd0-02530ad433ca","block_type":"box","text":"Data Treatments","page_number":2,"box":{"x":51,"y":173,"width":108,"height":7}},{"id":"f89a0e11-b8da-4e92-ac63-39d59d3a65a6","block_type":"box","text":"- State Street applies the data treatments where","page_number":2,"box":{"x":163,"y":173,"width":286,"height":9}},{"id":"4b0aab64-de9e-4dcd-9928-18768a957450","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":"3ce6d3b2-59c8-4780-b0a0-8fc9a4e47688","block_type":"box","text":"metrics they are applied to please","page_number":2,"box":{"x":51,"y":199,"width":201,"height":9}},{"id":"02dc88d3-efc1-495f-801d-65ba4eb39c06","block_type":"box","text":"click","page_number":2,"box":{"x":255,"y":199,"width":28,"height":7}},{"id":"6579a3a6-3439-4387-8562-22e245c68fb2","block_type":"box","text":"here","page_number":2,"box":{"x":286,"y":199,"width":26,"height":7}},{"id":"bbbea466-5c5d-4b66-9cf7-9e1177b6c452","block_type":"box","text":".","page_number":2,"box":{"x":313,"y":205,"width":2,"height":1}},{"id":"8609b4e4-b8f9-4571-90f2-8fde1b72af59","block_type":"box","text":"Portfolio Coverage","page_number":2,"box":{"x":51,"y":217,"width":119,"height":8}},{"id":"2b4bffa0-b32d-42e9-b053-6524a59e37de","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":"8c203fa0-3ef1-4b50-a6bc-38116163d8fc","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":"b5e6f372-08b4-4fd4-bbcc-d6dfd076d851","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":"ed6885e2-0424-45e7-835f-0ac7a8ad8711","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":"8ab1471e-4192-4647-950a-e1b0ac061a0d","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":"f4746f2f-02bc-44d4-998f-f4d6a0018341","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":"6a22a3ed-0d95-4690-a1b1-7d4b9aa93d81","block_type":"box","text":"estimated data to fill these gaps.","page_number":2,"box":{"x":51,"y":293,"width":191,"height":9}},{"id":"d7ee7887-73b5-4b86-8689-c0d1d11defea","block_type":"box","text":"Brown Revenues:","page_number":2,"box":{"x":51,"y":311,"width":110,"height":7}},{"id":"41858d40-f9f7-4c72-9ecc-54de406fad65","block_type":"box","text":"Percentage of revenue from “brown” sectors and","page_number":2,"box":{"x":165,"y":311,"width":287,"height":9}},{"id":"dcf52ad0-283a-49e1-862e-acccfca665af","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":"619f9cfd-3ea0-432e-8257-f3cb95b62c65","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":"16f86445-d52a-4a69-b420-24dd603cf6a4","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":"da9385ce-4ba6-4639-8939-a64a05dc2ba4","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":"9710b8f0-ba47-4436-9f9c-5b5ba6c480c7","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":"f7a2d527-374c-4835-963a-0ba44fe3cecd","block_type":"box","text":"value chains.","page_number":2,"box":{"x":50,"y":388,"width":76,"height":7}},{"id":"f93ee36e-552b-4a73-b66f-a6f40f8a2c47","block_type":"box","text":"Brown Revenues – MSCI:","page_number":2,"box":{"x":51,"y":406,"width":158,"height":7}},{"id":"5df1231e-6456-4d4c-86cc-85972b37baae","block_type":"box","text":"Weighted Average of each Underlying","page_number":2,"box":{"x":212,"y":406,"width":225,"height":8}},{"id":"81cadf2a-5a66-40b8-9506-b1ce448394ee","block_type":"box","text":"Security with Brown Revenue for the Portfolio.","page_number":2,"box":{"x":51,"y":418,"width":271,"height":9}},{"id":"23b5eb22-fdea-4473-bc52-05f5bd81035d","block_type":"box","text":"Potential Emissions – MSCI:","page_number":2,"box":{"x":51,"y":436,"width":176,"height":7}},{"id":"043be060-9112-406e-94e4-599d7dadd4dc","block_type":"box","text":"Sum of Weighted Average Total Potential","page_number":2,"box":{"x":230,"y":436,"width":243,"height":9}},{"id":"1670cdd4-0340-4c2a-995f-405bb34e853f","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":"c2752daa-89b7-4fd7-9bf1-dcaecc55c641","block_type":"box","text":"per $MN invested) on the Portfolio Level.","page_number":2,"box":{"x":51,"y":461,"width":241,"height":9}},{"id":"91ece77c-63d7-4fd6-85f8-ca6021c5e5b9","block_type":"box","text":"Green Bonds:","page_number":2,"box":{"x":51,"y":479,"width":86,"height":7}},{"id":"309e5c95-259d-4ecc-96b8-4d780972d120","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":"7fddf290-66eb-4ef0-81c2-ee5b8089bc89","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":"be4ed76f-b504-4013-859a-03981a52f9f3","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":"99c05ff7-a334-4d91-ada6-5bef40225c03","block_type":"box","text":"and categorize projects as green.","page_number":2,"box":{"x":51,"y":518,"width":196,"height":8}},{"id":"8a200883-723a-4472-83b3-cc09370e6792","block_type":"box","text":"The CBI’s methodology includes the","page_number":2,"box":{"x":251,"y":518,"width":213,"height":8}},{"id":"3195ff57-6bb0-41c2-8fb8-42280b63ed7a","block_type":"box","text":"following criteria:","page_number":2,"box":{"x":50,"y":531,"width":101,"height":8}},{"id":"cafdbc74-5b16-4610-84a4-d5775f100a8f","block_type":"box","text":"Self-labeling:","page_number":2,"box":{"x":91,"y":548,"width":84,"height":9}},{"id":"c99ebbf1-d794-44a1-956c-99e61a618bc9","block_type":"box","text":"The issuer must consciously label the instrument","page_number":2,"box":{"x":178,"y":548,"width":291,"height":9}},{"id":"8e613ded-d154-4247-8317-4938f7bd575d","block_type":"box","text":"as a green bond.","page_number":2,"box":{"x":91,"y":561,"width":97,"height":9}},{"id":"482cdc9c-6588-4628-8f0a-ea4c730f7027","block_type":"box","text":"Public disclosure:","page_number":2,"box":{"x":91,"y":579,"width":112,"height":6}},{"id":"f57059c6-e3dc-46a2-befc-f3bd997041c5","block_type":"box","text":"The issuer must provide sufficient information","page_number":2,"box":{"x":206,"y":579,"width":272,"height":8}},{"id":"979db0bd-785d-4b11-8207-a486ef5c7c12","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":"91eedfb0-b5d0-4d45-bfb6-fdc8bed09f8f","block_type":"box","text":"This includes","page_number":2,"box":{"x":362,"y":591,"width":78,"height":7}},{"id":"3f32caba-4d77-42ba-8710-7096c52b97e7","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":"b1a0ed64-04ad-4848-b953-acabaa41043d","block_type":"box","text":"confirmation.","page_number":2,"box":{"x":91,"y":617,"width":78,"height":7}},{"id":"d6808c3a-739a-4262-9a1d-9b53b1b97827","block_type":"box","text":"Eligible sectors:","page_number":2,"box":{"x":91,"y":635,"width":100,"height":8}},{"id":"6adc51ac-d87f-4876-8e6a-9bef77858211","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":"ef743c73-70af-4780-9165-3e408b23cbad","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":"d2927709-e429-4828-bde1-cfa6482ef598","block_type":"box","text":"GHG reductions.","page_number":2,"box":{"x":91,"y":660,"width":100,"height":7}},{"id":"fad03b7c-1236-428e-9ea1-817f5de69c85","block_type":"box","text":"Eligible use of proceeds:","page_number":2,"box":{"x":91,"y":678,"width":154,"height":9}},{"id":"9f6e05c2-48d5-48ff-a278-c2377eb9eecc","block_type":"box","text":"The proceeds must be used for eligible","page_number":2,"box":{"x":248,"y":678,"width":230,"height":9}},{"id":"1f039342-56ac-458f-a156-d919343a9cbd","block_type":"box","text":"purposes.","page_number":2,"box":{"x":92,"y":693,"width":57,"height":6}},{"id":"49cdce6f-35db-4e52-96bc-f6cd4290bfa3","block_type":"box","text":"Green Bonds – CBI:","page_number":2,"box":{"x":51,"y":708,"width":122,"height":7}},{"id":"c2859cf7-dca7-4a7f-b945-c89fa12ed5d2","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":"bbde9f69-8026-476a-a09b-bfbbdb0cafaa","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":"1c8cb85c-3a02-4dd2-8624-a3dff6fe60a4","block_type":"box","text":"Green/Fossil Fuel Based Revenue Ratio - MSCI:","page_number":2,"box":{"x":51,"y":738,"width":298,"height":8}},{"id":"12a8dfdb-8cd3-4165-865c-2c026223d61f","block_type":"box","text":"The Sum of Green","page_number":2,"box":{"x":353,"y":739,"width":108,"height":7}},{"id":"26561112-fd40-4009-a844-878b38a7053c","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":"a2372849-a521-4795-a2a0-c8b1f74c74be","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":"7dff092f-91b8-497d-91b2-956138589002","block_type":"box","text":"Companies with SBTi /Approved Targets – MSCI:","page_number":2,"box":{"x":51,"y":782,"width":311,"height":9}},{"id":"86bf48a7-8dde-413d-84ee-cc9800a758dc","block_type":"box","text":"The percentage of","page_number":2,"box":{"x":366,"y":782,"width":111,"height":9}},{"id":"249c17c6-9611-46dc-afca-48be6ac42bae","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":"2590a89d-029c-48d6-a8e9-27e3a76f5161","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":"4837ed81-0313-48e5-b630-57e1ebc74bce","block_type":"box","text":"(SBTi) on the Portfolio level.","page_number":2,"box":{"x":51,"y":820,"width":166,"height":8}},{"id":"e9eacb70-01ad-4fee-bd9d-74a5487ebe8a","block_type":"box","text":"Low Carbon Transition Score – MSCI:","page_number":2,"box":{"x":51,"y":838,"width":237,"height":7}},{"id":"a5b69813-be45-4d4d-83cd-c03cf76a7c28","block_type":"box","text":"Score calculates a company’s","page_number":2,"box":{"x":292,"y":838,"width":177,"height":9}},{"id":"d588a763-4959-4fdc-a519-de541bfe6097","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":"9515e67d-d58d-4ba8-959c-98a713f29798","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":"b3605580-fdf1-421a-bc67-5a001b2ccfbc","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":"f6a28563-ec28-4a5e-9241-793dc82bf27b","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":"8b413976-016e-4133-816e-0f1b73f44fe7","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":"23bdb189-5111-4cbc-9802-fe038b297495","block_type":"box","text":"scores. Score calculated at the Portfolio level.","page_number":2,"box":{"x":515,"y":107,"width":270,"height":7}},{"id":"30595786-9aa4-4412-a731-f9db2d095449","block_type":"box","text":"Carbon Footprint:","page_number":2,"box":{"x":515,"y":125,"width":114,"height":9}},{"id":"d243c9a5-6c87-416a-91b8-20feeb70e160","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":"55955a94-2307-4761-b18d-ba064986e144","block_type":"box","text":"Weighted average","page_number":2,"box":{"x":815,"y":143,"width":108,"height":8}},{"id":"94fa6b40-9af7-4025-aacd-658cfefb97da","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":"311489e3-46a4-4b1b-8bed-a2f36889a618","block_type":"box","text":"normalized by enterprise value including cash.","page_number":2,"box":{"x":556,"y":168,"width":273,"height":9}},{"id":"ecc53ef7-fd9d-4324-a4f6-4080514c123a","block_type":"box","text":"Total Carbon Emissions – MSCI:","page_number":2,"box":{"x":515,"y":186,"width":202,"height":7}},{"id":"48072c8c-12ce-495f-a815-68a4f7eae6b3","block_type":"box","text":"Total Carbon Emissions measures","page_number":2,"box":{"x":721,"y":186,"width":203,"height":7}},{"id":"313126bd-e93c-46f8-b3c7-4274e327b8f8","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":"9005a269-c3f8-4b42-b595-7a91fed2a3d9","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":"8a6c7e71-6f91-4437-b984-a84671411f78","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":"22f2603f-cd23-4592-b5c3-9081d90aa296","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":"79300e50-4db7-47d6-aae3-8f07e94a4d1c","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":"bfbc18ae-d683-4cba-b368-a3332e55163e","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":"c31c1ecd-35f1-4cd8-9744-8f3d3d078e1d","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":"76e575de-e372-4a7d-b50a-769d2e2b5b6e","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":"a835c8d8-6406-476b-8fa9-e54fedef1059","block_type":"box","text":"Scope 1","page_number":2,"box":{"x":556,"y":306,"width":47,"height":9}},{"id":"16f81287-675d-4d8d-90f5-a2f4cc1886f4","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":"4db99369-550f-4cca-93f9-2635cfb611ae","block_type":"box","text":"owned or controlled by the company. Data","page_number":2,"box":{"x":556,"y":319,"width":251,"height":9}},{"id":"e40dd4c8-c3a5-4229-a751-1a30005e7ee1","block_type":"box","text":"Scope 2","page_number":2,"box":{"x":556,"y":336,"width":51,"height":9}},{"id":"7c995c0b-0f0a-48fc-ac7c-05ceab78e9a8","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":"f1919105-f1f7-4e1a-9072-1912fbad9b28","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":"653ba0e5-bcda-4cc5-a979-3740a3a9cb52","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":"5954e19a-8649-429b-971b-64f7337bd635","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":"ee39f7a9-9dd2-47b3-bb13-c29f6d9b53e9","block_type":"box","text":"station.","page_number":2,"box":{"x":556,"y":388,"width":43,"height":7}},{"id":"d29dff4a-d60b-4bcb-afbf-541a97c738fe","block_type":"box","text":"Scope 3","page_number":2,"box":{"x":556,"y":405,"width":51,"height":9}},{"id":"69db81ef-7768-408c-8ee8-2e95f0e7e047","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":"fe98b065-277b-4f6a-96cc-78277efc19a8","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":"c6b1ea98-6af9-486b-a4aa-ddb6c3759759","block_type":"box","text":"control.","page_number":2,"box":{"x":556,"y":431,"width":44,"height":7}},{"id":"663db9ab-acbf-438d-8627-1f68c19a77b2","block_type":"box","text":"Weighted Average Carbon Intensity - MSCI:","page_number":2,"box":{"x":515,"y":449,"width":277,"height":8}},{"id":"ab43b35d-3ddb-4674-a431-65c2e73fd4d1","block_type":"box","text":"Scope 1+2+3 -","page_number":2,"box":{"x":796,"y":449,"width":89,"height":8}},{"id":"04d2e17f-a35f-4f9b-8e38-b69d8a3da4f8","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":"8310a17e-2a55-4725-af9c-b71fd1bc7e74","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":"bd908a8c-0348-4479-b625-b5e15bddfc12","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":"39a52afb-ff96-4da5-995c-7d99444dbcbe","block_type":"box","text":"by portfolio weight.","page_number":2,"box":{"x":516,"y":500,"width":112,"height":9}},{"id":"2249bec7-d8dd-4fc3-bd82-daa1810e3f55","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":"06dd8ec3-14ff-47e8-80e3-21a6cc66f4c6","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":"ca99d26d-a0af-4905-9c62-ccaa55d6062c","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":"e6f6e23c-123a-4cae-95b7-a6a1aa1d61d7","block_type":"box","text":"This may occur for a","page_number":2,"box":{"x":796,"y":543,"width":122,"height":9}},{"id":"e1fd8a9f-d49d-4c80-a0a2-193c2ca7be68","block_type":"box","text":"few reasons.","page_number":2,"box":{"x":515,"y":556,"width":74,"height":7}},{"id":"6e2820b5-496b-4315-b854-e2ae7a3ed531","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":"61db6703-46ad-4c82-a80f-bbd407ce137e","block_type":"box","text":"vendor.","page_number":2,"box":{"x":515,"y":569,"width":44,"height":7}},{"id":"73a2c145-00c1-461c-8a06-e5c315fae835","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":"bc5f360f-3612-4b24-ae8f-58cfb2b0adec","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":"9a772bef-03f3-42bf-9803-7f999a2a89a2","block_type":"box","text":"Data is","page_number":2,"box":{"x":872,"y":582,"width":40,"height":7}},{"id":"a0189343-9e6e-4c2c-b4d5-ea3fd11b5008","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":"4b27e4b1-2e01-489b-a2dc-4871e0181234","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":"7e0286dc-59b8-4120-bb31-786d905fa3f7","block_type":"box","text":"Implied Temperature Rise (°C) – MSCI:","page_number":2,"box":{"x":516,"y":625,"width":244,"height":8}},{"id":"d1acc879-803f-41f0-a967-700e78e04eb7","block_type":"box","text":"The climate scenario","page_number":2,"box":{"x":763,"y":625,"width":125,"height":7}},{"id":"89c792f1-2eb0-490c-9285-d9a0b09ed307","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":"10c7d8ca-bfb3-47c5-9c64-727c5e21aa09","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":"8557e287-942b-4f6a-8763-eb2c2575527b","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":"102e6e9b-7917-47e7-8970-192c7bcb1f39","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":"6dd3efc9-49ec-45ad-a799-2a0e1c32c704","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":"001e40d8-d3ac-4046-af0c-8484b3cf82aa","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":"1896d64a-5b0f-4079-adb6-417bf8073483","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":"5e794cd3-b8ca-4a9f-b02a-5efb0e0f46b2","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":"489111a2-f379-4360-98c0-ebf3b6d65f81","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":"a868cada-e486-499e-ae6f-4d9a891b549c","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":"9e3a29b5-2c0a-4625-90b5-5d2e96defd40","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":"a9fc4921-4dda-4d54-85b8-de4c55cce438","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":"bd0b6a17-5d6a-4e30-a7a0-6c00ae287aea","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":"4536448e-1327-4a0c-9796-6bdb983958b7","block_type":"box","text":"to evolve and mature.","page_number":2,"box":{"x":515,"y":805,"width":127,"height":6}},{"id":"1b7e904d-55d7-4bb2-b569-62c16757dd96","block_type":"box","text":"Portfolio:","page_number":2,"box":{"x":556,"y":822,"width":58,"height":7}},{"id":"9f0acb27-fb54-40d0-8784-dd148bb48352","block_type":"box","text":"Implied Temperature Rise aggregated at the Portfolio","page_number":2,"box":{"x":618,"y":822,"width":315,"height":9}},{"id":"e705ea95-7cbc-4476-92f5-aa85bece51ee","block_type":"box","text":"Level.","page_number":2,"box":{"x":556,"y":835,"width":34,"height":7}},{"id":"061e3192-3dbe-4224-8411-aa00bb72ab35","block_type":"box","text":"Climate Value at Risk- MSCI: (Climate VaR)","page_number":2,"box":{"x":515,"y":852,"width":273,"height":8}},{"id":"085758f1-eb1b-4c91-b8b3-f9827cf06714","block_type":"box","text":"is a measure to estimate","page_number":2,"box":{"x":792,"y":853,"width":144,"height":6}},{"id":"feaf4e04-3774-49c6-abfa-41daa08d9532","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":"e7c4ca0d-a9ac-418f-99ee-45ae4067bb2d","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":"5b030961-3461-4a30-bb50-39b99526c67a","block_type":"box","text":"Risk metrics included on this report","page_number":2,"box":{"x":516,"y":891,"width":210,"height":9}},{"id":"baf50856-3a44-4081-89cd-7312bb05d923","block_type":"box","text":"click h","page_number":2,"box":{"x":729,"y":891,"width":37,"height":7}},{"id":"5f1e9a76-8c8f-4580-a824-7ed452986d84","block_type":"box","text":"ere","page_number":2,"box":{"x":767,"y":893,"width":19,"height":5}},{"id":"31fedb49-40d2-4b34-ba45-0f30999453bd","block_type":"box","text":".","page_number":2,"box":{"x":787,"y":897,"width":2,"height":1}},{"id":"d5b3dabf-aa9c-406a-9e77-2d0ada1208b9","block_type":"box","text":"Report ID: 5648709.1","page_number":2,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"1462707a-1399-4ac0-b360-b052a1a616a7","block_type":"box","text":"Published: 13 Oct 2026","page_number":2,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"8fec7873-7cb6-46fc-bf7f-ed896f2e6a15","block_type":"box","text":"P","page_number":2,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"34715fcf-717e-44ee-890e-e8bad707996d","block_type":"box","text":"a","page_number":2,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"8ad11f34-fb39-41a6-9b24-bbcae3298acb","block_type":"box","text":"g","page_number":2,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"f2ec357d-4016-40b5-a85b-f792e672f1b2","block_type":"box","text":"e","page_number":2,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"6a1a51d1-ca7f-454f-9b90-e39df9108057","block_type":"box","text":"2","page_number":2,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"ac41d7fe-dbb4-438d-bde6-a0f5f9b124fc","block_type":"box","text":"of","page_number":2,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"8844d0c7-3739-47a8-a186-dcbab2def62a","block_type":"box","text":"4","page_number":2,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"78b395a9-2e8f-45bc-a574-cdb3a976ebb9","block_type":"box","text":"Disclosures","page_number":3,"box":{"x":52,"y":58,"width":166,"height":15}},{"id":"f0a536d5-10d4-446d-a868-8c2b95b814d0","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":"da9516ef-44f3-4a69-b69b-361a2766fed2","block_type":"box","text":"Management. Please","page_number":3,"box":{"x":51,"y":105,"width":132,"height":9}},{"id":"9a553a14-0b89-4c4f-b334-f61d2a289ec6","block_type":"box","text":"click here","page_number":3,"box":{"x":187,"y":105,"width":63,"height":7}},{"id":"1e04d6af-74ee-476f-aca1-804b591cdc78","block_type":"box","text":"for more information.","page_number":3,"box":{"x":253,"y":105,"width":135,"height":7}},{"id":"2ae92318-2148-4c1f-a040-2839fce329bf","block_type":"box","text":"Marketing Communication","page_number":3,"box":{"x":51,"y":122,"width":170,"height":9}},{"id":"786e9e7e-700c-489f-8bc2-79af61169f1c","block_type":"box","text":"For institutional / professional investors use only.","page_number":3,"box":{"x":51,"y":140,"width":310,"height":9}},{"id":"8ea329d7-5abd-4929-a4c4-c136f63520bd","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":"f07ec3fb-e6d2-4fde-8600-43e6e3071bd9","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":"b5fbfac9-5b5f-4028-8164-a6cfc817de71","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":"556a306c-e3e1-4032-bd79-14585352bb92","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":"c88b5bcb-6d71-488d-b41a-ea71b3930dbe","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":"65b01fca-9fa5-48de-b4d4-9a7642197ea2","block_type":"box","text":"making.","page_number":3,"box":{"x":51,"y":222,"width":46,"height":8}},{"id":"df135aa4-f8af-4285-8607-71c223f78590","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":"b11dc7c6-158b-44bd-b760-45551b712c42","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":"5c0f0e85-0f6e-4ee5-9113-72a6f167ff92","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":"77e9e3cb-7859-4751-a3e2-e073d24ca6ce","block_type":"box","text":"SSGA’s express written consent.","page_number":3,"box":{"x":51,"y":283,"width":192,"height":8}},{"id":"58c4058f-ed41-4a25-a3dd-9c6f74933d8c","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":"7ee4a1ef-7337-4e32-9cb1-48f1d47a6b6c","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":"06e1fd60-0c46-48cc-bcd4-9c31907ccf8f","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":"9ba98768-3d0e-4759-afb5-8598fad8f55a","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":"ade94999-c0ec-42ba-aa7e-74c9cc0efe22","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":"85fdd7fb-6287-4319-8dc9-6c2e6ff9b160","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":"ee07518f-28ee-456c-b4b8-c9262e10a95c","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":"4e0e7e5d-7b58-442c-affc-93ec19ad3a95","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":"5f1372b3-9439-40c5-9e4f-ef21e6798ddb","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":"c403676e-5b32-4b2d-a3f1-89088e8ec0fa","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":"4b8f5bc8-99fe-4a83-b492-203fcdc5f479","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":"252c836a-750a-4aaf-8072-320c7dc7b372","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":"6ccf4005-7463-492a-8c0f-a9f75748715b","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":"f0653faa-62e0-446c-aeb8-ede7a130d0f2","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":"ec8e9f46-9119-4444-90b3-6c289956fb4b","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":"874ca16c-8bca-4695-a339-5032593e041b","block_type":"box","text":"‘Marketing Communication’ in accordance with the applicable","page_number":3,"box":{"x":51,"y":502,"width":394,"height":9}},{"id":"9d4587e4-7183-41cb-a78a-98dd5305b0e0","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":"4fc06b55-54ed-49d8-b362-a2339de86512","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":"aa57deef-b67a-453c-90d1-8258316e248a","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":"42ac9c46-7a88-479d-8367-5d08c7f8ca05","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":"aff5a460-9efc-4bd0-9248-61ad4e268e3e","block_type":"box","text":"dissemination of investment research.","page_number":3,"box":{"x":51,"y":566,"width":243,"height":7}},{"id":"b43665dd-12c4-4a20-b80f-d4217f3158c3","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":"d9b853e2-c876-4f41-9f49-f8e978939c82","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":"13b99501-0962-4d09-b924-b043fdcece7a","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":"87cd67b6-2b78-4281-ac2c-7228e517fde0","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":"2e7b961c-16aa-48eb-b959-3441d89767a8","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":"bfa9ab2f-e892-427e-b4ea-70c761ace00e","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":"b302d9b4-7038-420e-9276-df85b395c488","block_type":"box","text":"communication.","page_number":3,"box":{"x":51,"y":661,"width":95,"height":7}},{"id":"79a17a24-8b33-4cba-833d-e8123cf48a0f","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":"75b8eefa-6f77-4c2f-85c9-19f5e58bd75f","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":"87366041-8bc7-4e32-96bf-d99acee7d58c","block_type":"box","text":"and economic conditions.","page_number":3,"box":{"x":51,"y":704,"width":152,"height":7}},{"id":"d15f0205-e078-4e33-b4fc-a0fc845c517b","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":"802d8749-b6a6-4a83-9d76-1da3d02949ed","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":"4199fcd2-e1a6-4207-93bb-e9452b0c9075","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":"38ea3bbb-d26d-4ec5-b09f-3d7474a2bbfe","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":"576ce983-0b66-4746-809f-ad3c5c76dcf2","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":"6eb772ec-dc5a-41ff-9a00-39542ccc6c8e","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":"1baa249e-c12e-4d93-a9ae-1aced3e976fc","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":"b384876d-9f04-426e-a14d-97fb3248d7bf","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":"fc6b00c6-460d-4f08-9498-902bc24240dd","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":"f217a25e-9f60-418a-8075-6ff763ac7541","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":"4624415e-f1e9-447c-aa3b-994c21b5e893","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":"9a64fdef-5787-49cd-a4e6-09e439555f87","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":"83ea7954-8d46-4ec7-89ca-d54549b4e270","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":"93e6aaf1-4b36-4747-9649-ce17a0284f4c","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":"74a0a862-ffec-4415-b31e-6b8550e83cd1","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":"c05a50a6-340c-48b3-b9e4-931940400fc9","block_type":"box","text":"these indices.","page_number":3,"box":{"x":50,"y":919,"width":82,"height":7}},{"id":"5a7743bf-197f-4d41-88cb-05747290e5cd","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":"1f57a563-8ba3-4e3f-b02d-4a97ac4ecd7b","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":"50d3606e-6800-457b-8665-8057c537ec14","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":"2f4de562-4af3-48a8-b6c4-6ec6ab709fc9","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":"cb79b379-e241-44d8-842b-084e781da621","block_type":"box","text":"www.ssga.com","page_number":3,"box":{"x":825,"y":132,"width":97,"height":7}},{"id":"58df4e47-d35a-4d97-ba85-6183e9919a63","block_type":"box","text":". A","page_number":3,"box":{"x":923,"y":131,"width":16,"height":6}},{"id":"6632a622-7e75-4f24-953c-0bf0427d9642","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":"850192ba-575c-4335-89f1-90c48dcfad26","block_type":"box","text":"https://www.ssga.","page_number":3,"box":{"x":811,"y":143,"width":116,"height":9}},{"id":"2e4a8f19-60f3-422f-835e-37e710af81db","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":"2b011ba5-4c85-421d-b549-8c4d8f70ad5a","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":"7425ef7e-65ad-41e0-a5d6-27f43e8b780d","block_type":"box","text":"x.pdf","page_number":3,"box":{"x":906,"y":169,"width":35,"height":9}},{"id":"7790af10-26e5-4ac6-921e-17d979c430a2","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":"93eeef78-f693-4f81-b5c5-1baa9afddc8a","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":"07b1de41-be4e-400a-8980-64104976a99d","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":"d4b0f13a-96aa-48ce-90cb-e0d5a7d104f0","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":"5b5d9a57-24e9-4ba3-bf45-55de725c7ce4","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":"bff0f24f-bdf6-4358-afcd-a0ba742edd72","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":"52692ae8-e458-486f-a7aa-7e05632c92e0","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":"eff3f2e5-8e7f-48ed-bc92-c178f9b04934","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":"c19d4c70-507b-4924-b950-13f89d8453c3","block_type":"box","text":"category.","page_number":3,"box":{"x":516,"y":295,"width":54,"height":8}},{"id":"f8726e24-9ba4-4360-a76d-da2cfeaaa4b8","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":"11757ed4-2ae6-4ae5-b625-41edf45580f8","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":"17f799f4-e453-4da6-a860-ee0732ed79dc","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":"989fc8c0-de1b-4a44-bec1-4f5d42e0d9f3","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":"7c19589f-3343-4ede-973c-3f442125cc53","block_type":"box","text":"sustainability metrics or indicators.","page_number":3,"box":{"x":515,"y":363,"width":207,"height":8}},{"id":"d830aa50-7136-4718-a1fc-05be55cc92b5","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":"82676717-bc59-4b16-8f11-c667ff06557c","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":"9a044e7c-c61a-4067-b9df-49feefbdc485","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":"f355b871-65ca-48b6-9dd1-5727f066e062","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":"bbadae54-ca1e-4795-8180-b71a82d57c5a","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":"98227906-de5d-4f07-aa2b-3ae1c91f888a","block_type":"box","text":"completeness of this information.","page_number":3,"box":{"x":516,"y":445,"width":197,"height":8}},{"id":"7e8f6f54-fb14-4c3d-a752-dbd4c483f6e7","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":"ada6aebe-a13a-4c68-9fb5-607c91516d50","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":"51fc9516-00d8-4bcb-b39a-cb067903c7b8","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":"d3696c77-84ab-433b-bb87-4ac82ee3ba83","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":"36b06432-3f2d-4f90-bf4d-756c97e3f889","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":"d0b9c2d3-4bec-44f8-b0d6-7bd20b53f5e0","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":"9f8fa6cf-932e-49ec-99d2-c4006c817995","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":"f53d1768-11e8-4a91-9cd3-73b15a32cb30","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":"e586eba4-0359-42a6-8d9b-5559ce6cbe50","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":"2076bcb5-26a2-42ee-ab65-81096bef153c","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":"902b64c9-a6e0-4c71-be6c-d4354ef9c47e","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":"41dec56a-6ca0-4594-99ee-2a758add3fb0","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":"7ba60426-16b7-4659-a1b0-403c9306639b","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":"b89e4f8e-adf7-4b43-9490-8b9750463eb2","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":"36764754-e7b2-4bc1-bd6b-a8c132da03b1","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":"d2c19c18-15fb-4bf2-bc33-21aa05ac66d6","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":"f8ba42cf-a60f-45b7-998f-2d70cb6e717a","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":"51fa6197-7e4a-4521-a388-8503e0e4f871","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":"a7392b6c-90a1-4a7b-9171-d49e5fddf548","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":"6ae5c9b3-ba13-4b8a-b5b4-795c4eeaaee9","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":"01a80b76-7213-4967-97eb-8d17680eae21","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":"a21096b7-a402-4b5c-9b7e-0c6afce4dabf","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":"a00720a5-45c2-438d-b43a-af544f6fa0da","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":"1c367869-140a-4084-bd4a-ca31313208d5","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":"e70a2c56-3fdf-4093-a16e-c92f7c3131b9","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":"ccc04e93-e0f9-48cd-bbcc-9f8b221248a4","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":"948841fa-44dd-44b3-905d-eba16f725a36","block_type":"box","text":"such damages.","page_number":3,"box":{"x":515,"y":800,"width":89,"height":9}},{"id":"b1f1a4ba-64e4-4102-a9b9-b85640f7fd6c","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":"42af6abf-71f1-4bca-9b06-656b14113498","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":"180ee534-ace1-4b60-928b-0b3e6a50ac5c","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":"5983d83e-ed46-44c7-be83-b6e6cb9e328b","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":"6728536d-de5a-42c9-b2f5-847a5444b261","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":"6530349a-54f1-4195-b415-4037767993f6","block_type":"box","text":"For AIFMD Funds where applicable:","page_number":3,"box":{"x":516,"y":887,"width":224,"height":8}},{"id":"17d9df83-3e95-41c6-b1be-029e189f3f82","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":"0962a568-5d6b-4e6f-a744-73b42f55f59c","block_type":"box","text":"Report ID: 5648709.1","page_number":3,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"a5bfae88-b0b3-4c44-b995-268c48d47817","block_type":"box","text":"Published: 13 Oct 2026","page_number":3,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"dd2e2b2c-9bc3-4f99-b2ca-51f43f893fae","block_type":"box","text":"P","page_number":3,"box":{"x":899,"y":968,"width":5,"height":6}},{"id":"83f7d261-21e5-487f-b26a-3d27a28292d3","block_type":"box","text":"a","page_number":3,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"db117fd4-724b-4916-ae33-29f89700a213","block_type":"box","text":"g","page_number":3,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"25e383dd-bf51-4fd2-bfab-d1aad3673924","block_type":"box","text":"e","page_number":3,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"ed7a6114-ff85-4884-b261-5bdf6fcfea64","block_type":"box","text":"3","page_number":3,"box":{"x":924,"y":968,"width":5,"height":6}},{"id":"947e6a7e-d0de-4abc-9da4-8741369913ad","block_type":"box","text":"of","page_number":3,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"979cacf1-8625-49f6-9f99-e56307cb2a44","block_type":"box","text":"4","page_number":3,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"9bcbfd7d-6123-4951-9038-b1c52d0daf98","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":"1012ec49-133a-4e0a-8ced-8a9bbd1d6a28","block_type":"box","text":"public distribution.","page_number":4,"box":{"x":51,"y":48,"width":119,"height":8}},{"id":"3b5dc4d0-5557-444d-843c-90d16ab774e3","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":"36888714-9d69-4b4b-bc73-55322a1065ad","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":"34ced6fd-8511-420a-a174-1ac7e243399b","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":"d157a373-8846-49d3-9a8f-f73b8a4ae46c","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":"94b5a828-7185-4141-9f9f-b1d37bd1b879","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":"664d1f9b-f4d9-4b10-b708-3b5f6e48901a","block_type":"box","text":"www.ssg","page_number":4,"box":{"x":346,"y":119,"width":51,"height":6}},{"id":"0895e39f-708d-4060-be1e-0f7277cd5ba6","block_type":"box","text":"a.com","page_number":4,"box":{"x":397,"y":119,"width":36,"height":5}},{"id":"20ef9f91-7551-4e38-a3a5-0f305a83b461","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":"d40a516e-6af3-47bc-b6c5-64051267e6d0","block_type":"box","text":"(“EEA”)","page_number":4,"box":{"x":51,"y":147,"width":47,"height":8}},{"id":"91346ff2-1789-45a6-be71-1dcba0b4e9f2","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":"1ba519b3-498f-4e01-9baa-3d85e5b502b5","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":"390982d3-5834-4ca0-8917-459018166414","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":"0ff77f1b-0025-4b97-81c0-33bdd0ffbdd0","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":"90456e65-e631-46d6-b90a-250665de08ba","block_type":"box","text":"professional client/qualified investor).","page_number":4,"box":{"x":51,"y":216,"width":221,"height":9}},{"id":"a3b7b3d4-9935-4348-899e-b6158cd8c2f4","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":"1237ca38-e222-4371-b0ce-ad51526371e9","block_type":"box","text":"European Union Alternative Investment Fund Managers Directive","page_number":4,"box":{"x":51,"y":247,"width":415,"height":8}},{"id":"ea7515f4-7747-4aca-b065-840be195b036","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":"e77b4d3a-d395-42ea-ad7a-b3516c249cc8","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":"b76eb91f-8271-49d6-97ff-3cf9a15d6857","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":"ecea8a47-a1bc-4dc4-869f-2c02fcd6bbe0","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":"ee348a28-989e-46c1-83ec-c5ae49d8e558","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":"9f8d45fd-1d13-423c-a53a-42b32fb660da","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":"f5172738-9491-4a73-9086-a143e901a8d0","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":"f5157cf2-8c7a-4d12-b5c1-3e275012803b","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":"9fa80e62-7223-4882-8990-73b1911a5d89","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":"28eb7223-7fb7-46e2-844e-12693412020c","block_type":"box","text":"European Union Alternative Investment Fund Managers Directive","page_number":4,"box":{"x":51,"y":380,"width":415,"height":8}},{"id":"8ac1e6a7-1645-4d6f-a8fa-5576240b811e","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":"c813ddf8-d743-4f13-a217-07262cb124db","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":"90f2936f-4710-4579-aeb2-4a6e11ef51f7","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":"852a6139-25c4-44e8-91e4-e475feca3309","block_type":"box","text":"State Street Global Advisors Limited.","page_number":4,"box":{"x":515,"y":73,"width":238,"height":7}},{"id":"78931c85-c431-4d3a-bba8-c01c6af567bf","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":"f98cc219-ccfa-49c7-a55a-ea4f3e77e6f9","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":"3ed34cbf-aced-4c69-bc82-52c714199f74","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":"28538d23-ac1a-4131-ac42-09bc4833782f","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":"cd88b04c-77fc-48a7-a8e5-c4382da076b5","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":"abdee961-857f-4aad-8d0d-d072f6237906","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":"6a06ff88-368a-45a6-ac7a-7aa026c6f894","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":"db652320-5c20-4e5d-9412-bda65974ee4a","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":"96aa8cfc-c4b4-4d1a-8834-66ca7b8e4e50","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":"dd982204-752c-48f8-a644-ccb5e5e61010","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":"a64228bc-66c9-4712-9f1d-e79d17454fc4","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":"ecd048e3-8b30-42b9-8387-3ffd13489dad","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":"a1914fed-3fee-447a-ba5d-3a0deebc4ec5","block_type":"box","text":"Advisors Limited.","page_number":4,"box":{"x":515,"y":250,"width":103,"height":7}},{"id":"33ba0e40-2b3b-4d1f-a86f-c9f5bbd2d0b1","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":"e971e74e-463a-4d29-93ad-f7794edde3e1","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":"efcd553e-7957-4665-87b0-788d43aa546e","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":"5a49041e-9bd2-4336-86eb-e5e74a20b74f","block_type":"box","text":"advisor. Read it carefully before investing.","page_number":4,"box":{"x":515,"y":306,"width":266,"height":8}},{"id":"dd3704e5-82d3-4de4-b05a-9abb08c82d7b","block_type":"box","text":"© 2026 State Street Corporation - All Rights Reserved.","page_number":4,"box":{"x":515,"y":331,"width":326,"height":9}},{"id":"abaeb17b-70a7-4ccd-9ce4-aa87a2e3f1f3","block_type":"box","text":"Tracking Code : 8886773.1.1.EMEA.INST","page_number":4,"box":{"x":515,"y":344,"width":236,"height":9}},{"id":"8b5422d3-4e98-41b1-bf31-a9a00dee67bf","block_type":"box","text":"Expiration Date : 04.30.2027","page_number":4,"box":{"x":516,"y":357,"width":169,"height":9}},{"id":"70982098-aef1-4433-aeb4-09d1eea38c0c","block_type":"box","text":"State Street Global Advisors Worldwide Ent","page_number":4,"box":{"x":515,"y":370,"width":259,"height":7}},{"id":"f048eb65-5490-4356-beb7-9808d510b6ee","block_type":"box","text":"ities","page_number":4,"box":{"x":775,"y":370,"width":23,"height":7}},{"id":"51cf0a72-f23b-45df-a1f3-09c0f42dbb83","block_type":"box","text":"Report ID: 5648709.1","page_number":4,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"ed6a3f39-fedc-4a69-9792-e6b8f7b365e9","block_type":"box","text":"Published: 13 Oct 2026","page_number":4,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"f8007344-37c3-4ffb-84a4-374eebc27569","block_type":"box","text":"P","page_number":4,"box":{"x":898,"y":968,"width":6,"height":6}},{"id":"bba400b3-d60e-49c6-8047-8dd106cbf648","block_type":"box","text":"a","page_number":4,"box":{"x":904,"y":970,"width":6,"height":4}},{"id":"e6b8a7fd-5b10-46f6-a4d5-fecb60f6b58d","block_type":"box","text":"g","page_number":4,"box":{"x":910,"y":970,"width":5,"height":5}},{"id":"504478cc-c0ce-4e97-afc6-5394d1c4abbd","block_type":"box","text":"e","page_number":4,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"4234d093-f3fd-4d3f-b38d-fdc77d9ca889","block_type":"box","text":"4","page_number":4,"box":{"x":923,"y":968,"width":7,"height":6}},{"id":"4767cb05-feb5-4531-832c-b536e8c0183d","block_type":"box","text":"of","page_number":4,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"e50726fa-37d1-40e4-8833-fcf02d5de1c0","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":"f6178873-76ef-491a-ab6c-507fee778d8d"},"user_id":1000002,"date_created":"2026-10-17T01:12:42.951000Z","date_modified":"2026-10-17T01:12:42.951000Z","private":false}