{"annotation_id":"8975207c-1d89-4da9-9662-50eb6d88705a","file_hash":"748c2e496b5a462aec94d455b6a003edc7928fe0195b0071288d2ff44f53267b","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"0f30b14f-c250-4b80-ad6f-fc9539ffb921","block_type":"box","text":"UK Index Linked Gilt Nov 2047 Index","page_number":1,"box":{"x":52,"y":71,"width":628,"height":18}},{"id":"1598f919-3c30-4625-9f46-35c5f92e0944","block_type":"box","text":"Sub-Fund","page_number":1,"box":{"x":51,"y":105,"width":167,"height":19}},{"id":"3bd61daa-2797-41bf-ae7e-a6bc45a82922","block_type":"box","text":"Asset Class","page_number":1,"box":{"x":754,"y":46,"width":58,"height":6}},{"id":"d83a9e86-7746-4acb-b2d1-14cebd5c7ffc","block_type":"box","text":"Fixed Income","page_number":1,"box":{"x":754,"y":62,"width":71,"height":5}},{"id":"f732177e-5af7-47ee-9c4e-ae1e0f689c15","block_type":"box","text":"Fund Identifier","page_number":1,"box":{"x":754,"y":92,"width":72,"height":6}},{"id":"ff23bfbb-7cf7-4c1b-a158-3e77586aef63","block_type":"box","text":"GB00BDCLL315","page_number":1,"box":{"x":754,"y":106,"width":87,"height":6}},{"id":"2b35e24a-a19a-4cd9-a50d-d75e9526eee0","block_type":"box","text":"As of 31 Oct 2025","page_number":1,"box":{"x":753,"y":136,"width":92,"height":6}},{"id":"8f09ed41-287f-4b9e-813b-fee49de20612","block_type":"box","text":"The information presented is intend to provide transparency to investors around sustainability characteristics of the fund. Presenting this information should not be construed as a","page_number":1,"box":{"x":50,"y":182,"width":883,"height":7}},{"id":"987b17d1-009e-47d7-8bab-036ff18b19cd","block_type":"box","text":"representation of the fund’s current or future investment objective, nor should it be viewed as an indicator of the fund manager’s current or future investment decision-making.","page_number":1,"box":{"x":51,"y":192,"width":860,"height":8}},{"id":"f7ec1b68-aced-4f22-8dc3-99eefda23170","block_type":"box","text":"Source: State Street Investment Management, MSCI, CBI. Holdings as of 31 Oct 2025,","page_number":1,"box":{"x":50,"y":228,"width":424,"height":7}},{"id":"67e7cc41-2062-4007-8854-8c1787d973f7","block_type":"box","text":"sustainability data as of 30 Sep 2025.","page_number":1,"box":{"x":50,"y":238,"width":188,"height":8}},{"id":"6212a8b2-ccbc-4426-9524-6c0a704eb4c2","block_type":"box","text":"See Glossary for definitions and detailed calculation notes such as missing data","page_number":1,"box":{"x":50,"y":247,"width":393,"height":8}},{"id":"1270eafd-5c63-4ec6-aadd-61f95908289f","block_type":"box","text":"treatment, data lag and exclusions. The results are estimates based on assumptions","page_number":1,"box":{"x":50,"y":258,"width":416,"height":7}},{"id":"7e6f7f66-a6f9-4951-b9ee-563d28c9ac65","block_type":"box","text":"and analysis made by State Street Investment Management. They are not intended to","page_number":1,"box":{"x":50,"y":269,"width":423,"height":7}},{"id":"0d3c64f0-13b9-462c-b7f9-a6b7f924ac0d","block_type":"box","text":"represent actual results of any offering.","page_number":1,"box":{"x":51,"y":279,"width":192,"height":8}},{"id":"c41bd16e-87fb-4d22-a9b1-44061b9db0ae","block_type":"box","text":"Actual results may differ.","page_number":1,"box":{"x":50,"y":291,"width":123,"height":7}},{"id":"153b6c74-3d34-467d-9974-ab4245032a29","block_type":"box","text":"Green Bonds","page_number":1,"box":{"x":50,"y":332,"width":97,"height":8}},{"id":"8bd7fee6-fce1-411c-acdd-ed835a70ab5e","block_type":"box","text":"0.00%","page_number":1,"box":{"x":111,"y":362,"width":51,"height":8}},{"id":"c9af2a53-443f-460a-9d07-e9cce767b777","block_type":"box","text":"Adverse Sustainability Indicator","page_number":1,"box":{"x":50,"y":411,"width":241,"height":10}},{"id":"2f5afbf9-27d0-4a18-8761-88bc96c0c57f","block_type":"box","text":"Sovereign - Additional Social","page_number":1,"box":{"x":50,"y":437,"width":154,"height":7}},{"id":"a1dca2db-b081-405c-b5d7-d93a365a1e91","block_type":"box","text":"Average Income Inequality Score","page_number":1,"box":{"x":50,"y":485,"width":165,"height":7}},{"id":"86ed0ce4-44e4-46b6-9b3c-08312ee2c5c8","block_type":"box","text":"32.79","page_number":1,"box":{"x":359,"y":486,"width":38,"height":6}},{"id":"026c4c22-3fcf-4318-ade9-9d1b96cc7912","block_type":"box","text":"Average Freedom Of Expression Score","page_number":1,"box":{"x":50,"y":501,"width":195,"height":7}},{"id":"dbeb3b3e-2278-43c5-a339-c4fc577d2708","block_type":"box","text":"77.00","page_number":1,"box":{"x":359,"y":502,"width":38,"height":6}},{"id":"faa59250-04f4-40bb-995e-270c2d46a818","block_type":"box","text":"Sovereign - Governance","page_number":1,"box":{"x":50,"y":522,"width":129,"height":8}},{"id":"62d00eb1-89ff-4ac7-9f85-87edbb7ed4b7","block_type":"box","text":"Average Corruption Score","page_number":1,"box":{"x":50,"y":570,"width":131,"height":7}},{"id":"9bd86378-0acb-4728-a236-54cbc989d05e","block_type":"box","text":"71.00","page_number":1,"box":{"x":359,"y":571,"width":38,"height":6}},{"id":"6ba2ceca-4400-43dc-a0ac-67339a99dbc1","block_type":"box","text":"Sovereign - Jurisdictions","page_number":1,"box":{"x":50,"y":592,"width":133,"height":7}},{"id":"d502a242-e3c6-4d91-b296-488706ffe510","block_type":"box","text":"Average Political Stability Score","page_number":1,"box":{"x":50,"y":640,"width":159,"height":7}},{"id":"550f394f-135c-45a6-8bb8-befad9d0cf3c","block_type":"box","text":"7.12","page_number":1,"box":{"x":367,"y":641,"width":30,"height":5}},{"id":"c2720fb5-cd62-4e20-9de5-c423b2f1938a","block_type":"box","text":"Average Rule Of Law Score","page_number":1,"box":{"x":50,"y":655,"width":136,"height":8}},{"id":"24ff34f8-8fc7-4b06-a02a-d7524308abd3","block_type":"box","text":"1.40","page_number":1,"box":{"x":367,"y":656,"width":30,"height":6}},{"id":"374dd2fc-4ba9-48ac-b328-9d0f0b57c82c","block_type":"box","text":"ESG Score","page_number":1,"box":{"x":535,"y":228,"width":79,"height":8}},{"id":"2ff5566b-12f5-462b-8b0a-8b06f5e8dc6b","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":608,"y":251,"width":41,"height":6}},{"id":"944004ea-78da-4dda-b3c2-434bc2544c37","block_type":"box","text":"6.59","page_number":1,"box":{"x":609,"y":263,"width":79,"height":15}},{"id":"bd4f09dc-4e60-4485-88bf-ced7d480a2d4","block_type":"box","text":"ESG Rating","page_number":1,"box":{"x":770,"y":228,"width":84,"height":10}},{"id":"c976b63a-7f25-4074-8c88-3e2cdb6f04fe","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":842,"y":251,"width":42,"height":6}},{"id":"3b7bc17f-7d36-4ac1-ab03-54f2f58fcc63","block_type":"box","text":"A","page_number":1,"box":{"x":842,"y":263,"width":19,"height":15}},{"id":"ce4d32d9-e6fb-4981-a718-7123edd2038c","block_type":"box","text":"ESG Rating Distribution","page_number":1,"box":{"x":516,"y":333,"width":176,"height":10}},{"id":"2fc646a0-4b80-47ca-bf96-64af5379a263","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":907,"y":357,"width":41,"height":6}},{"id":"8ca65c84-4130-4132-b36b-d745e98a86f4","block_type":"box","text":"ESG Leaders","page_number":1,"box":{"x":516,"y":371,"width":65,"height":6}},{"id":"a5a4b538-4ffc-4967-896b-5d579a8228da","block_type":"box","text":"0.00%","page_number":1,"box":{"x":910,"y":372,"width":38,"height":6}},{"id":"9a44aff1-cf9e-462f-805a-ac9c6ed34b7f","block_type":"box","text":"ESG Average","page_number":1,"box":{"x":516,"y":387,"width":66,"height":7}},{"id":"5331b6f4-9200-4664-b0dd-31eaf8b93e74","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":388,"width":52,"height":6}},{"id":"f2cdda15-c7c0-4b4a-b89f-e12089da02b9","block_type":"box","text":"ESG Laggards","page_number":1,"box":{"x":516,"y":403,"width":71,"height":7}},{"id":"39145263-f2e7-42c7-9eee-0d91b470d529","block_type":"box","text":"0.00%","page_number":1,"box":{"x":910,"y":404,"width":38,"height":6}},{"id":"768b4e06-2677-45a2-926b-020d5cc7d8d3","block_type":"box","text":"ESG Not Covered","page_number":1,"box":{"x":516,"y":418,"width":88,"height":6}},{"id":"ae27fe9c-ffdf-439c-84da-a5c09955e10b","block_type":"box","text":"0.00%","page_number":1,"box":{"x":910,"y":420,"width":38,"height":5}},{"id":"d95867ec-3590-43ed-962d-a2877e2cd068","block_type":"box","text":"Weighted Average Carbon Intensity","page_number":1,"box":{"x":515,"y":456,"width":268,"height":10}},{"id":"d6c40505-d3b1-4ecf-87bb-a7d6cea0d969","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":760,"y":492,"width":39,"height":6}},{"id":"98fc29f0-f5b4-43ff-9ee2-66437aeb95dc","block_type":"box","text":"Coverage %","page_number":1,"box":{"x":892,"y":482,"width":56,"height":7}},{"id":"d2a1b3fc-5033-4f5f-988d-9cb738f38f69","block_type":"box","text":"MV Portfolio","page_number":1,"box":{"x":891,"y":492,"width":57,"height":6}},{"id":"c8065965-2b78-4ff7-be4e-8fdf011bab1e","block_type":"box","text":"Scope 1 Exclude LULUCF","page_number":1,"box":{"x":515,"y":506,"width":118,"height":7}},{"id":"623e463d-cb33-4c18-ad85-06552671a4fa","block_type":"box","text":"99.03","page_number":1,"box":{"x":764,"y":507,"width":34,"height":5}},{"id":"0d192e66-3cf2-4d5e-a65a-1ec5207a4143","block_type":"box","text":"100.00","page_number":1,"box":{"x":906,"y":507,"width":42,"height":5}},{"id":"ebac088c-8b3b-41b2-9461-dfe0f7e17bc8","block_type":"box","text":"Scope 1 Include LULUCF","page_number":1,"box":{"x":515,"y":521,"width":115,"height":7}},{"id":"ad7fc513-11d3-46f2-b5fe-9c1d4f49c8de","block_type":"box","text":"103.03","page_number":1,"box":{"x":757,"y":522,"width":41,"height":6}},{"id":"09e4241b-cb0c-44cd-a00d-8965c4dd80a1","block_type":"box","text":"100.00","page_number":1,"box":{"x":906,"y":522,"width":42,"height":6}},{"id":"964f4b30-03bc-4fb8-ad10-3f81de59c562","block_type":"box","text":"Consumption","page_number":1,"box":{"x":516,"y":537,"width":62,"height":6}},{"id":"55628b6e-4b10-4510-8d56-cf706dda1e11","block_type":"box","text":"138.85","page_number":1,"box":{"x":757,"y":538,"width":42,"height":5}},{"id":"3212150f-0c2d-4239-8730-6bf6ad463a76","block_type":"box","text":"100.00","page_number":1,"box":{"x":906,"y":538,"width":42,"height":5}},{"id":"d0e601fb-f230-4c88-a247-5960e1bd4ae5","block_type":"box","text":"Total Carbon Emissions","page_number":1,"box":{"x":516,"y":574,"width":177,"height":8}},{"id":"165ac1ef-cdeb-45b0-ad9f-be377e448d02","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":757,"y":609,"width":42,"height":6}},{"id":"568cc884-f7f3-487c-927e-749df0dfb75a","block_type":"box","text":"Coverage %","page_number":1,"box":{"x":888,"y":599,"width":60,"height":7}},{"id":"d2f32d2e-cd81-4178-b88c-e6787b4b2c33","block_type":"box","text":"MV Portfolio","page_number":1,"box":{"x":887,"y":609,"width":61,"height":6}},{"id":"d95491ba-eb06-4a03-8610-b553034223d9","block_type":"box","text":"Scope 1 Exclude LULUCF","page_number":1,"box":{"x":516,"y":623,"width":126,"height":8}},{"id":"61870e5a-e3bf-482e-b438-281ef5374fd4","block_type":"box","text":"15,012.88","page_number":1,"box":{"x":731,"y":625,"width":68,"height":7}},{"id":"4c5ca28d-56cf-416f-9d29-b808ef6aa201","block_type":"box","text":"100.00","page_number":1,"box":{"x":903,"y":625,"width":45,"height":6}},{"id":"ed326095-0446-4409-8aa6-5aa318d61f77","block_type":"box","text":"Scope 1 Include LULUCF","page_number":1,"box":{"x":516,"y":639,"width":122,"height":7}},{"id":"5c9e29ca-fcb6-4174-b052-4cdd18b1db23","block_type":"box","text":"15,620.29","page_number":1,"box":{"x":731,"y":640,"width":67,"height":8}},{"id":"28b7de00-11f4-420f-8501-c97e4055fa03","block_type":"box","text":"100.00","page_number":1,"box":{"x":903,"y":640,"width":45,"height":6}},{"id":"8afc7bf1-c013-43c8-960e-bcc030ab27d7","block_type":"box","text":"Consumption","page_number":1,"box":{"x":516,"y":655,"width":67,"height":7}},{"id":"390efeed-e5e1-4860-b512-4d1ac7ac7ca6","block_type":"box","text":"21,050.69","page_number":1,"box":{"x":730,"y":656,"width":68,"height":7}},{"id":"43b210ec-54fc-46f8-8981-20a21d9d653c","block_type":"box","text":"100.00","page_number":1,"box":{"x":903,"y":656,"width":45,"height":6}},{"id":"1b6591c1-30a3-4caf-8bc4-7cc41efc1fb9","block_type":"box","text":"Government Freedom Status","page_number":1,"box":{"x":516,"y":692,"width":221,"height":8}},{"id":"ac8f0b2e-5c56-4426-b23c-e4960c35211d","block_type":"box","text":"(Market Value)","page_number":1,"box":{"x":516,"y":707,"width":63,"height":5}},{"id":"b6bdd868-38a9-4020-81ab-95b1a855a4cd","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":624,"y":737,"width":39,"height":5}},{"id":"d03d15f6-fade-4fc1-b2d0-c6f62a901a1f","block_type":"box","text":"Free","page_number":1,"box":{"x":533,"y":756,"width":20,"height":6}},{"id":"0a608270-c09a-467d-87c8-7896a5803c21","block_type":"box","text":"100.00%","page_number":1,"box":{"x":609,"y":757,"width":53,"height":6}},{"id":"d3499525-f37f-4971-a18d-f067ef34d696","block_type":"box","text":"Partially Free","page_number":1,"box":{"x":533,"y":776,"width":60,"height":7}},{"id":"172762ac-9ec7-43c6-8660-cfc27c96e192","block_type":"box","text":"0.00%","page_number":1,"box":{"x":624,"y":777,"width":38,"height":6}},{"id":"fbed2efc-f7b0-40b7-8e65-9a9685426572","block_type":"box","text":"Not Free","page_number":1,"box":{"x":533,"y":796,"width":39,"height":6}},{"id":"15d5635c-ae41-4607-b118-6819e770a011","block_type":"box","text":"0.00%","page_number":1,"box":{"x":624,"y":797,"width":38,"height":6}},{"id":"1086fd9b-fdd1-4856-bd03-868ca6ec4962","block_type":"box","text":"No Data","page_number":1,"box":{"x":533,"y":816,"width":37,"height":6}},{"id":"da64d8f3-0e9a-4e8d-a000-1d0e7b03e74e","block_type":"box","text":"0.00%","page_number":1,"box":{"x":624,"y":817,"width":38,"height":6}},{"id":"018af5a3-bbac-4a73-ab92-a85871cdb04b","block_type":"box","text":"Report ID: 5088530.1","page_number":1,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"69177bc7-f22d-482d-8065-dfbd9a045f25","block_type":"box","text":"Published: 18 Nov 2025","page_number":1,"box":{"x":496,"y":968,"width":129,"height":7}},{"id":"3da4a3f2-9920-44b4-944c-bd1a6b6d4f9f","block_type":"box","text":"P","page_number":1,"box":{"x":902,"y":968,"width":5,"height":6}},{"id":"b9631e4d-36d7-42ac-b4be-35cfada2c0b1","block_type":"box","text":"a","page_number":1,"box":{"x":908,"y":970,"width":5,"height":4}},{"id":"3bacb099-be7b-40a5-a9e5-9c2ef4c672ac","block_type":"box","text":"g","page_number":1,"box":{"x":913,"y":970,"width":6,"height":5}},{"id":"445ad443-6c5b-4d72-8df5-3bdd14046fa3","block_type":"box","text":"e","page_number":1,"box":{"x":919,"y":970,"width":5,"height":4}},{"id":"1a113066-fbd7-4d19-8ce6-148992d4bd8a","block_type":"box","text":"1","page_number":1,"box":{"x":927,"y":968,"width":2,"height":6}},{"id":"28b877dc-d32f-478a-bfab-37934d72c525","block_type":"box","text":"of","page_number":1,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"c273e8c9-d7ea-4dc0-8baf-e423265cec0e","block_type":"box","text":"5","page_number":1,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"d7334d10-046d-48cd-82fa-aaf86b7315c6","block_type":"box","text":"Glossary","page_number":2,"box":{"x":51,"y":57,"width":129,"height":19}},{"id":"e6f2281d-6574-4ece-9353-9bed16076583","block_type":"box","text":"Sustainability data is as of the date identified in the report sections","page_number":2,"box":{"x":50,"y":92,"width":394,"height":9}},{"id":"e7634b55-bf31-4ae4-b009-132f77c6687e","block_type":"box","text":"above, usually on a month lag. All metrics are reported in USD unless","page_number":2,"box":{"x":50,"y":105,"width":406,"height":9}},{"id":"38e87549-1d80-4451-8e92-12f40eb2b487","block_type":"box","text":"otherwise stated.","page_number":2,"box":{"x":50,"y":118,"width":102,"height":7}},{"id":"bf71e56e-af3a-4720-91cd-de3aef7aaf50","block_type":"box","text":"Data Treatments:","page_number":2,"box":{"x":51,"y":135,"width":111,"height":7}},{"id":"84e653c7-a8e5-4659-92fb-029bda82cb89","block_type":"box","text":"State Street applies the data treatments where appli","page_number":2,"box":{"x":168,"y":135,"width":310,"height":9}},{"id":"d45f8e8c-a5d7-4dd0-a685-29bb3947adb9","block_type":"box","text":"cable to Sustainability Metrics. To review the data treatments and the","page_number":2,"box":{"x":50,"y":148,"width":413,"height":9}},{"id":"13c58e69-ac2e-417e-a709-80788db67b49","block_type":"box","text":"metrics they are applied to please see the data treatments table below.","page_number":2,"box":{"x":51,"y":161,"width":419,"height":9}},{"id":"0448eed4-d0b5-4cd8-b841-13a4867d7eec","block_type":"box","text":"ESG Score/ESG Rating - MSCI:","page_number":2,"box":{"x":51,"y":178,"width":194,"height":9}},{"id":"7f6bab10-dac5-4c62-b473-14879d8cb891","block_type":"box","text":"Provide an opinion of sovereign and","page_number":2,"box":{"x":249,"y":178,"width":210,"height":9}},{"id":"f048f66b-633d-4ad8-a564-e3025025a744","block_type":"box","text":"sub-sovereign entities’ exposure to and management of ESG risks. MSCI","page_number":2,"box":{"x":50,"y":191,"width":429,"height":9}},{"id":"f5bce317-35f8-4398-b66f-f9753e71915f","block_type":"box","text":"ESG Research defines ESG risks to sovereign or sub sovereign entities","page_number":2,"box":{"x":51,"y":204,"width":417,"height":9}},{"id":"5713e62a-69be-4459-96f8-3382c6872d03","block_type":"box","text":"as environmental, social, or governance-related issues that could impact","page_number":2,"box":{"x":50,"y":217,"width":430,"height":9}},{"id":"7ceda5dc-ecd4-468b-aa53-06d57926f00d","block_type":"box","text":"the long-term sustainability of their economies. MSCI ESG Government","page_number":2,"box":{"x":50,"y":230,"width":423,"height":9}},{"id":"7b7ae705-7535-4664-8605-bba5007b2a75","block_type":"box","text":"Ratings are determined for countries, local authorities, and supranational","page_number":2,"box":{"x":51,"y":243,"width":431,"height":8}},{"id":"609ead9b-cbdc-4dd1-9137-90b823c8c212","block_type":"box","text":"administrative bodies and are relative to a global peer set. Each rating","page_number":2,"box":{"x":50,"y":256,"width":413,"height":8}},{"id":"5da5885f-8ecd-4168-97a1-75567feab35e","block_type":"box","text":"takes into consideration measures of environmental risk and manage","page_number":2,"box":{"x":50,"y":268,"width":410,"height":9}},{"id":"e63036b5-558b-4453-a5e3-50ba10acc193","block_type":"box","text":"ment, knowledge and social capital, and the strength of financial, judicial,","page_number":2,"box":{"x":51,"y":281,"width":428,"height":9}},{"id":"97a45c04-16a0-4aab-b985-7bfd97c388a9","block_type":"box","text":"and political systems. ESG Government Scores are calculated for all","page_number":2,"box":{"x":50,"y":294,"width":404,"height":9}},{"id":"fa948044-9b04-4363-bbb1-9617d67a2b77","block_type":"box","text":"countries and then converted into a letter rating. The AAA rating rep","page_number":2,"box":{"x":50,"y":307,"width":405,"height":9}},{"id":"39253703-539c-4f33-aec7-3e1fc4556f05","block_type":"box","text":"resents the highest ESG Rating (i.e., lower ESG risk exposure and stron","page_number":2,"box":{"x":51,"y":319,"width":416,"height":9}},{"id":"9a3ee8f9-5d3f-4fdf-b35c-f6a91851493f","block_type":"box","text":"ger risk management) whereas the CCC rating represents the lowest","page_number":2,"box":{"x":50,"y":332,"width":408,"height":9}},{"id":"835b4688-94a5-4f4a-9303-e67337936333","block_type":"box","text":"ESG Rating (i.e., higher ESG risk exposure and weaker risk management).","page_number":2,"box":{"x":51,"y":345,"width":432,"height":9}},{"id":"20c584c2-90d0-4d00-9391-da59faaf7455","block_type":"box","text":"ESG Ratings Distribution - MSCI","page_number":2,"box":{"x":51,"y":363,"width":203,"height":9}},{"id":"812e359d-70c8-4c68-b38a-b896ae3899ab","block_type":"box","text":"ESG Leaders: Rated AAA or AA:","page_number":2,"box":{"x":78,"y":380,"width":203,"height":7}},{"id":"a343151b-52eb-4704-903f-aa07fa767dcc","block_type":"box","text":"Issuers(sovereign) that have","page_number":2,"box":{"x":285,"y":380,"width":167,"height":9}},{"id":"30437aaa-6029-4920-8074-bfb22ac28007","block_type":"box","text":"strong management of financially relevant environmental, social and","page_number":2,"box":{"x":77,"y":393,"width":404,"height":9}},{"id":"abb12e72-bf44-4db5-84b3-d8177754557d","block_type":"box","text":"AA governance issues.","page_number":2,"box":{"x":77,"y":406,"width":135,"height":9}},{"id":"ca5b16d3-2df3-4902-b267-03300d3753a0","block_type":"box","text":"ESG Average: Rated A, BBB or BB:","page_number":2,"box":{"x":78,"y":424,"width":217,"height":8}},{"id":"a971cf00-fb49-4a5c-8cb9-08267e420f0a","block_type":"box","text":"Issuers(sovereign) that have","page_number":2,"box":{"x":299,"y":423,"width":166,"height":9}},{"id":"ae9249d0-80b4-416b-8d75-45e7c8447d2a","block_type":"box","text":"average management of ESG issues.","page_number":2,"box":{"x":77,"y":436,"width":217,"height":9}},{"id":"263f4b58-cb7d-477c-b07d-d641fecd6d00","block_type":"box","text":"ESG Laggards: Rated B or CCC:","page_number":2,"box":{"x":78,"y":454,"width":199,"height":9}},{"id":"e7541c28-4006-4244-806e-26289215706f","block_type":"box","text":"Issuers(sovereign) that do not","page_number":2,"box":{"x":282,"y":454,"width":175,"height":9}},{"id":"f367140d-d828-4aed-adfe-656383971083","block_type":"box","text":"demonstrate adequate management of the financially relevant ESG","page_number":2,"box":{"x":77,"y":467,"width":400,"height":9}},{"id":"c5a524b1-b799-4845-b150-b5678b24a0b7","block_type":"box","text":"risks that they face.","page_number":2,"box":{"x":78,"y":480,"width":114,"height":8}},{"id":"fb24a501-1f22-45dd-ab8a-8c8b59bcebec","block_type":"box","text":"ESG Not Covered:","page_number":2,"box":{"x":78,"y":497,"width":113,"height":7}},{"id":"05d3c0a5-2e7b-4c19-868a-2e3afb6feb1f","block_type":"box","text":"Issuers(sovereign) which have not been evaluat","page_number":2,"box":{"x":195,"y":497,"width":280,"height":9}},{"id":"04cfbd48-1601-432e-800b-ea1ea260850c","block_type":"box","text":"ed for ESG sustainability risks.","page_number":2,"box":{"x":77,"y":510,"width":179,"height":9}},{"id":"4bbf87bd-f93e-4608-9052-da4750e06090","block_type":"box","text":"Green Bonds – CBI:","page_number":2,"box":{"x":50,"y":528,"width":123,"height":7}},{"id":"b90a7cd5-4e9c-47f3-8035-569b7aaf6e1b","block_type":"box","text":"Market Value of Securities with Green Bonds as","page_number":2,"box":{"x":177,"y":528,"width":281,"height":7}},{"id":"d610e39e-6f01-4fd9-8990-32ecf6411c71","block_type":"box","text":"a Percentage of the Total Market Value of all Securities in the Portfolio.","page_number":2,"box":{"x":50,"y":540,"width":416,"height":9}},{"id":"f61906f1-2288-4324-94f0-c34c9eb71519","block_type":"box","text":"Bonds are identified as green if they meet the criteria for Climate Bonds","page_number":2,"box":{"x":51,"y":553,"width":423,"height":9}},{"id":"5b59278f-5a5d-496d-abae-a7c67e0111ed","block_type":"box","text":"Initiative’s (CBI) green labelled database. For more information on the","page_number":2,"box":{"x":51,"y":566,"width":408,"height":9}},{"id":"1edf33bb-1c86-48f6-acef-e6f780f5951e","block_type":"box","text":"Green Bond Database methodology, please visit","page_number":2,"box":{"x":50,"y":579,"width":286,"height":9}},{"id":"13d6b0d7-1c29-47ea-a5fc-9991a7fd2c3f","block_type":"box","text":"https://www.climate","page_number":2,"box":{"x":340,"y":579,"width":116,"height":9}},{"id":"3014fd7c-6eb8-43a7-9acc-7d4708f351b4","block_type":"box","text":"bonds.net/data-insights/market-data/green-bond-dataset-methodology","page_number":2,"box":{"x":51,"y":592,"width":431,"height":9}},{"id":"970afeeb-02f5-440b-9c2b-0598f49a5b02","block_type":"box","text":"Adverse Sustainability Indicators(Weighted Average) - MSCI","page_number":2,"box":{"x":50,"y":609,"width":387,"height":9}},{"id":"553d2746-bc13-406a-bb45-7610cd3a4754","block_type":"box","text":"Average Income Inequality Score(Weighted):","page_number":2,"box":{"x":77,"y":627,"width":286,"height":9}},{"id":"20e72c74-3c42-43b0-89b6-7c0003f4b8bf","block_type":"box","text":"measures the","page_number":2,"box":{"x":367,"y":627,"width":80,"height":7}},{"id":"d9e93c21-8de2-4fae-b480-7035c51fc9b4","block_type":"box","text":"extent to which the distribution of income (or, in some cases, con","page_number":2,"box":{"x":77,"y":640,"width":382,"height":8}},{"id":"f535396e-6255-46f1-9541-267e24175a8c","block_type":"box","text":"sumption expenditure) among individuals or households within an","page_number":2,"box":{"x":77,"y":652,"width":388,"height":9}},{"id":"d6befc75-29ce-4b53-8e7c-1437c9048759","block_type":"box","text":"economy deviates from a perfectly equal distribution.","page_number":2,"box":{"x":77,"y":665,"width":317,"height":9}},{"id":"53777e5d-e403-4732-8cc3-2d997b9d718d","block_type":"box","text":"Average Corruption Score(Weighted):","page_number":2,"box":{"x":77,"y":683,"width":242,"height":9}},{"id":"44655cae-fdcc-49a5-8c79-9de6e62689c8","block_type":"box","text":"Perceptions of public-sec","page_number":2,"box":{"x":324,"y":683,"width":151,"height":9}},{"id":"72bdf73d-45ee-41d3-8fc7-9eb0a4e08c71","block_type":"box","text":"tor corruption, including bribery, diversion of public funds, use of","page_number":2,"box":{"x":77,"y":696,"width":381,"height":9}},{"id":"5c5f558c-5b7f-4ad7-af8b-e4adf3d94516","block_type":"box","text":"public office for private gain, nepotism in the civil service, state","page_number":2,"box":{"x":78,"y":709,"width":369,"height":8}},{"id":"43193f66-34c4-4c47-8ebf-7574c176c52f","block_type":"box","text":"capture and mechanisms available to prevent corruption.","page_number":2,"box":{"x":77,"y":722,"width":339,"height":8}},{"id":"65b04e22-f50f-4447-bc75-d11e907984bc","block_type":"box","text":"Average Rule of Law Score(Weighted):","page_number":2,"box":{"x":77,"y":739,"width":245,"height":9}},{"id":"356cd2cf-6cc6-4ede-938e-35fedd5a5573","block_type":"box","text":"measures the strength","page_number":2,"box":{"x":326,"y":739,"width":133,"height":9}},{"id":"625fdf06-40e1-4398-a8c7-20e985365311","block_type":"box","text":"and predictability of a country’s legal system and institutions. As","page_number":2,"box":{"x":77,"y":752,"width":379,"height":9}},{"id":"3f3537ed-6b12-4eb1-8799-bc9a0907e1ad","block_type":"box","text":"sesses factors like: Protection of property rights, Contract enforce","page_number":2,"box":{"x":77,"y":765,"width":392,"height":8}},{"id":"13bbe186-7d63-4ef3-86f6-ed228389a9ba","block_type":"box","text":"ment, Absence of corruption, Public safety and security.","page_number":2,"box":{"x":78,"y":778,"width":331,"height":8}},{"id":"56a53f3a-e1ca-4e5c-b30b-698313824d45","block_type":"box","text":"Average Freedom of Expression Score(Weighted):","page_number":2,"box":{"x":77,"y":795,"width":319,"height":9}},{"id":"29d46579-658f-49da-a491-118c6d220c5f","block_type":"box","text":"assesses","page_number":2,"box":{"x":399,"y":797,"width":55,"height":5}},{"id":"a29b6240-ea1b-4d09-a640-f3d7801bd954","block_type":"box","text":"the extent to which countries and their citizens enjoy freedom of","page_number":2,"box":{"x":77,"y":808,"width":381,"height":9}},{"id":"c1e0f28e-d38a-475f-b0a6-dd03fcbabfb0","block_type":"box","text":"expression. It evaluates the protection and promotion of fundamen","page_number":2,"box":{"x":77,"y":821,"width":395,"height":8}},{"id":"76960644-f9a3-48ed-bcd1-a7423c2cc564","block_type":"box","text":"tal freedoms, including freedom of speech, press, assembly, and","page_number":2,"box":{"x":77,"y":834,"width":379,"height":8}},{"id":"6d5c2038-97fb-4d55-8e8e-21dbaaed884e","block_type":"box","text":"association.","page_number":2,"box":{"x":77,"y":847,"width":70,"height":6}},{"id":"fff75148-b0a2-4747-ac5d-c74ab2ba41e2","block_type":"box","text":"Average Political Stability Score(Weighted):","page_number":2,"box":{"x":77,"y":864,"width":280,"height":9}},{"id":"5f2ed75e-2f5e-4d1c-9619-b704429f67a4","block_type":"box","text":"assesses the poten","page_number":2,"box":{"x":361,"y":864,"width":114,"height":9}},{"id":"794db74c-e741-43cd-b6ef-570ef3f0f131","block_type":"box","text":"tial adverse impacts of investment decisions on sustainability fac","page_number":2,"box":{"x":77,"y":877,"width":385,"height":8}},{"id":"9abc4ac7-05f0-43fe-9bb3-8ee94086fd30","block_type":"box","text":"tors. Analyzes various factors related to political stability, including","page_number":2,"box":{"x":77,"y":890,"width":393,"height":8}},{"id":"becb6dd9-5204-4deb-8dfa-435d9c60e3eb","block_type":"box","text":"government stability, internal conflict, and external conflict.","page_number":2,"box":{"x":77,"y":902,"width":350,"height":9}},{"id":"9e14978e-b447-4b3a-89fa-6fb386e38fd8","block_type":"box","text":"Sovereign - Weighted Average Carbon Intensity - MSCI:","page_number":2,"box":{"x":50,"y":920,"width":355,"height":9}},{"id":"b849cf6f-004a-4ae3-b6b0-039747a9728f","block_type":"box","text":"Weighted","page_number":2,"box":{"x":409,"y":920,"width":56,"height":9}},{"id":"267f4b26-e6c9-4184-9fe8-ec7d75ac01b6","block_type":"box","text":"Average Carbon Intensity (WACI) evaluates a portfolio’s relative expo","page_number":2,"box":{"x":515,"y":92,"width":409,"height":9}},{"id":"0821de80-fa31-4034-aebd-eb5dde45ccdf","block_type":"box","text":"sure to carbon intensive economies. Portfolio-weighted GHG emis","page_number":2,"box":{"x":515,"y":105,"width":393,"height":9}},{"id":"21bcf59c-16fe-40bc-8024-a182cc78f4eb","block_type":"box","text":"sions per sovereign GDP. (PPP GDP (PPP-adjusted GDP of the country","page_number":2,"box":{"x":515,"y":117,"width":418,"height":9}},{"id":"b6e652b8-311b-46e9-88a6-8f3d7eac4885","block_type":"box","text":"expressed in millions of US dollars.)","page_number":2,"box":{"x":515,"y":130,"width":209,"height":9}},{"id":"7913a10a-3453-4126-a415-31cb638c53e9","block_type":"box","text":"Scope 1 (exclude LULUCF) – MSCI:","page_number":2,"box":{"x":542,"y":148,"width":218,"height":9}},{"id":"135abec6-56a3-4cc1-9878-344a95aaaee4","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":766,"y":148,"width":180,"height":9}},{"id":"a2125247-643b-4bbc-b453-b9cc6558e2a9","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":161,"width":401,"height":9}},{"id":"8cd99b3b-a91e-4098-94a5-f53bba6e8ead","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":174,"width":406,"height":8}},{"id":"fe58c967-f242-4a46-8385-5927732a1474","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located with","page_number":2,"box":{"x":542,"y":187,"width":400,"height":7}},{"id":"aaa33a23-6755-46ca-a3a9-0545aeb1b261","block_type":"box","text":"in the country/territory. Values exclude land use, land-use change","page_number":2,"box":{"x":542,"y":199,"width":387,"height":9}},{"id":"f31b3c71-ece5-4adf-b20d-74e657a038e5","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":212,"width":138,"height":9}},{"id":"16d5c4c4-5bdc-40b0-b8f7-4a2416520171","block_type":"box","text":"Scope 1 (include LULUCF) – MSCI:","page_number":2,"box":{"x":542,"y":230,"width":215,"height":8}},{"id":"03513009-b490-494e-84ea-bef544cdfb13","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":761,"y":230,"width":179,"height":8}},{"id":"fbbcd4c8-9569-45a1-8be1-518f18004fa3","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":242,"width":401,"height":9}},{"id":"f0744389-370d-4606-a6e6-d9fe104139c5","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":255,"width":406,"height":9}},{"id":"17d8a75d-5322-4365-a91d-a94430750d5d","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located","page_number":2,"box":{"x":542,"y":268,"width":373,"height":7}},{"id":"1452e7e2-b26d-4031-9e92-c018b952d055","block_type":"box","text":"within the country territory. Values include land use, land-use change","page_number":2,"box":{"x":542,"y":281,"width":407,"height":9}},{"id":"4f49feab-100c-4a0f-892f-708f308f4113","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":294,"width":138,"height":9}},{"id":"416acff4-9f8e-4c80-a8f0-f50983cfccb4","block_type":"box","text":"Consumption (Scope 1 exclude LULUCF + scope 2+3 - exported","page_number":2,"box":{"x":542,"y":311,"width":402,"height":9}},{"id":"f086322a-d65d-4ae5-97a4-3fe1f29cc578","block_type":"box","text":"emissions) – MSCI:","page_number":2,"box":{"x":542,"y":324,"width":119,"height":8}},{"id":"48c9b303-f2c0-4f23-8da1-a17bb27b83d3","block_type":"box","text":"The estimated consumption emissions for the","page_number":2,"box":{"x":665,"y":324,"width":272,"height":9}},{"id":"8f96d071-de5e-4d43-9908-24f5ce03bcb5","block_type":"box","text":"country/territory (if available), in tons of CO2 equivalent per year","page_number":2,"box":{"x":542,"y":337,"width":382,"height":9}},{"id":"a3109b13-0413-4f7d-a6ec-6ae763414898","block_type":"box","text":"(tCO2e/yr). MSCI ESG Research calculates consumption emissions","page_number":2,"box":{"x":542,"y":350,"width":401,"height":9}},{"id":"30a13694-758a-4c31-81b5-69289beca14d","block_type":"box","text":"based on Scope 1 emissions excl. LULUCF plus Scope 2 and Scope","page_number":2,"box":{"x":542,"y":363,"width":397,"height":8}},{"id":"afcdf21e-771b-40c3-8b90-ec22a644b258","block_type":"box","text":"3 emissions minus exported emissions.","page_number":2,"box":{"x":542,"y":376,"width":231,"height":8}},{"id":"c1a1c6f8-d9ee-4613-95e6-c700ffeca9d8","block_type":"box","text":"Total Carbon Emissions – MSCI:","page_number":2,"box":{"x":515,"y":393,"width":202,"height":7}},{"id":"4c565260-e560-4a8e-93f4-360c17591748","block_type":"box","text":"Total carbon emissions includes all","page_number":2,"box":{"x":723,"y":393,"width":206,"height":7}},{"id":"c2b4c988-791c-4919-83ee-1111d1a3ebff","block_type":"box","text":"greenhouse gas emissions produced within a country’s borders from all","page_number":2,"box":{"x":515,"y":406,"width":421,"height":9}},{"id":"f6700ed5-824c-498f-9f56-f624b04a2d57","block_type":"box","text":"sources, including energy production, industry, agriculture, and trans","page_number":2,"box":{"x":515,"y":419,"width":405,"height":9}},{"id":"c5c82d5a-ff70-4b86-9764-d67624a52053","block_type":"box","text":"portation apportioned by","page_number":2,"box":{"x":515,"y":432,"width":150,"height":8}},{"id":"ab02f941-7b25-4cc9-9792-6e65d85d192d","block_type":"box","text":"PPP GDP","page_number":2,"box":{"x":668,"y":432,"width":58,"height":7}},{"id":"eb10c2c0-d9e5-4cae-aa41-dbca6b8c28cb","block_type":"box","text":"(PPP-adjusted GDP of the country","page_number":2,"box":{"x":729,"y":431,"width":203,"height":9}},{"id":"7dd4503f-60d6-498e-b847-9a5fcd5c3996","block_type":"box","text":"expressed in millions of US dollar).","page_number":2,"box":{"x":515,"y":444,"width":202,"height":9}},{"id":"999282eb-1193-4ffa-9ee0-6d43b8df2d00","block_type":"box","text":"Scope 1 (excluding LULUCF) MSCI:","page_number":2,"box":{"x":542,"y":462,"width":220,"height":9}},{"id":"3558c668-d413-4c0a-934b-f64b3a6f10e5","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":765,"y":462,"width":180,"height":9}},{"id":"f09cc06a-d26a-4d88-8393-b0741cadb884","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":475,"width":401,"height":9}},{"id":"664986ab-2909-4037-b022-0b7cc59f76a0","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":488,"width":406,"height":8}},{"id":"fa672b45-81b2-4fb3-98ac-2c82e3de301e","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located with","page_number":2,"box":{"x":542,"y":501,"width":400,"height":7}},{"id":"a4489c97-4700-44eb-823c-b25720d568df","block_type":"box","text":"in the country/territory. Values exclude land use, land-use change","page_number":2,"box":{"x":542,"y":513,"width":387,"height":9}},{"id":"043d1b43-8927-43dc-95f0-2b4fc7ec8de4","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":526,"width":138,"height":9}},{"id":"acc6a2ce-cb83-4fca-b8b5-601ed0098f80","block_type":"box","text":"Scope 1 (including LULUCF) MSCI:","page_number":2,"box":{"x":542,"y":544,"width":217,"height":9}},{"id":"24cf00b9-00ba-45c4-b9ae-65433e843fed","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":762,"y":544,"width":180,"height":8}},{"id":"ac54b8d9-64c4-4d88-90a2-ab3c68b5c08d","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":556,"width":401,"height":9}},{"id":"aed73854-f149-43ae-bc28-301b13c8fd63","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":569,"width":406,"height":9}},{"id":"88ea504d-f857-4b40-b10f-df11f7682486","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located","page_number":2,"box":{"x":542,"y":582,"width":373,"height":7}},{"id":"667d172e-9e5f-490e-930e-8cc9177f9020","block_type":"box","text":"within the country territory. Values include land use, land-use change","page_number":2,"box":{"x":542,"y":595,"width":407,"height":9}},{"id":"7cf00f74-5c43-41d3-babb-06233846d6bd","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":608,"width":138,"height":9}},{"id":"a709fd7e-00ef-4335-85bc-bd633ca1983f","block_type":"box","text":"Consumption (Scope 1 exclude LULUCF + scope 2+3 - exported","page_number":2,"box":{"x":542,"y":625,"width":402,"height":9}},{"id":"0e3aaad2-0e30-4ed9-8150-0cca6b23e609","block_type":"box","text":"emissions) – MSCI:","page_number":2,"box":{"x":542,"y":638,"width":119,"height":8}},{"id":"310c0965-cee4-409b-a0ec-09681295438e","block_type":"box","text":"The estimated consumption emissions for the","page_number":2,"box":{"x":665,"y":638,"width":272,"height":9}},{"id":"657a790d-1941-461d-8ec0-6f2926f64093","block_type":"box","text":"country/territory (if available), in tons of CO2 equivalent per year","page_number":2,"box":{"x":542,"y":651,"width":382,"height":9}},{"id":"7fd6ffbd-96d7-4c27-a3d1-14c4098217f7","block_type":"box","text":"(tCO2e/yr). MSCI ESG Research calculates consumption emissions","page_number":2,"box":{"x":542,"y":664,"width":401,"height":9}},{"id":"213e750b-17f9-4c02-a48c-4e96b906b8de","block_type":"box","text":"based on Scope 1 emissions excl. LULUCF plus Scope 2 and Scope","page_number":2,"box":{"x":542,"y":677,"width":397,"height":8}},{"id":"76bb8a3a-a765-43fd-bbe5-119ffa11655e","block_type":"box","text":"3 emissions minus exported emissions.","page_number":2,"box":{"x":542,"y":690,"width":231,"height":8}},{"id":"a2d4b30e-3f13-4eee-8183-57e7b4c3766b","block_type":"box","text":"Government Freedom Status MSCI:","page_number":2,"box":{"x":515,"y":707,"width":226,"height":7}},{"id":"08fecdf1-a80b-4c96-95cf-2d5bcbbe7452","block_type":"box","text":"Free:","page_number":2,"box":{"x":542,"y":725,"width":31,"height":7}},{"id":"161a7242-54b8-4ebe-9ee1-6830f9c2ced5","block_type":"box","text":"Countries with strong political rights and civil liberties.","page_number":2,"box":{"x":577,"y":725,"width":318,"height":9}},{"id":"4fe917e3-0e6f-4fea-bf98-49a7b2e30fd9","block_type":"box","text":"Partially Free:","page_number":2,"box":{"x":542,"y":742,"width":88,"height":9}},{"id":"1dd9f921-b22d-4d2e-9d85-903099bbdf7c","block_type":"box","text":"Countries where some political rights and civil liber","page_number":2,"box":{"x":634,"y":742,"width":301,"height":9}},{"id":"b708c651-f1ad-4346-b117-34eb023f4fa5","block_type":"box","text":"ties are present, but there are challenges and limitations.","page_number":2,"box":{"x":542,"y":755,"width":334,"height":9}},{"id":"0b609f03-a3a0-41d0-9d1d-902f0d676334","block_type":"box","text":"Not Free:","page_number":2,"box":{"x":542,"y":773,"width":57,"height":7}},{"id":"5a9f84ee-a9aa-405d-8043-0073d3e9e32b","block_type":"box","text":"Countries where political rights and civil liberties are","page_number":2,"box":{"x":603,"y":773,"width":308,"height":9}},{"id":"7a3b1ff7-a30f-4476-8320-3a1539c90139","block_type":"box","text":"largely absent.","page_number":2,"box":{"x":542,"y":786,"width":86,"height":8}},{"id":"45e94177-8386-4980-8741-b2a6d52520bf","block_type":"box","text":"No Data:","page_number":2,"box":{"x":542,"y":803,"width":54,"height":7}},{"id":"cc90302e-ecdc-4920-bfa6-022ea317e186","block_type":"box","text":"No data available to evaluate a country’s government","page_number":2,"box":{"x":600,"y":803,"width":314,"height":9}},{"id":"64519ee8-60d5-4226-ab6d-303c06947987","block_type":"box","text":"based on political rights and civil liberties.","page_number":2,"box":{"x":542,"y":816,"width":245,"height":9}},{"id":"6f09e73f-5b41-40ed-81ef-dfce5c42d3b7","block_type":"box","text":"Report ID: 5088530.1","page_number":2,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"0a988bec-4cbb-4767-b586-14c5f305980f","block_type":"box","text":"Published: 18 Nov 2025","page_number":2,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"5d802b84-7a8f-4b91-b59a-c275e253a7c4","block_type":"box","text":"P","page_number":2,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"516d92fb-416e-4fcc-a96c-0f4a88775aa3","block_type":"box","text":"a","page_number":2,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"cf8120d1-90db-429d-8b3d-632459bd6f1c","block_type":"box","text":"g","page_number":2,"box":{"x":911,"y":970,"width":5,"height":5}},{"id":"24d25340-511b-48f3-9ae3-e53965a373da","block_type":"box","text":"e","page_number":2,"box":{"x":916,"y":970,"width":6,"height":4}},{"id":"6295ebad-b95d-4e74-8ddf-208a519f7441","block_type":"box","text":"2","page_number":2,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"ff17ea13-a23d-4225-97a5-8f98715b8680","block_type":"box","text":"of","page_number":2,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"1f6f00f0-7dcc-4e44-bfa9-5019d2ddbc0e","block_type":"box","text":"5","page_number":2,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"cdfbf308-9c3f-4be3-84d4-80a85773b8b5","block_type":"box","text":"Sustainability Sovereign Bond Portfolio Characteristics","page_number":3,"box":{"x":50,"y":44,"width":441,"height":11}},{"id":"f7a0612f-e0c8-4ac1-9c5d-820265bb6e62","block_type":"box","text":"Data Treatments:","page_number":3,"box":{"x":51,"y":81,"width":92,"height":6}},{"id":"a97f371c-3758-44e6-b227-650403201427","block_type":"box","text":"1. Exclusions - Exclude positions for specific security types that are not expected to have a score / rating. (Cash*, Cash Equivalents**, Derivatives, Rights and Warrants)","page_number":3,"box":{"x":50,"y":96,"width":821,"height":8}},{"id":"304f5f5d-ee71-4af5-adaa-2b75a200a5b7","block_type":"box","text":"2. Exclude securities without a value for a particular metric.","page_number":3,"box":{"x":50,"y":112,"width":291,"height":7}},{"id":"5df0386d-ced9-4155-9f15-8dc60d6f4251","block_type":"box","text":"3. Rebalance the position weights of covered securities.","page_number":3,"box":{"x":50,"y":128,"width":274,"height":7}},{"id":"39d9c0ca-eb67-478e-9c32-61ff6341b1f5","block_type":"box","text":"Attributes","page_number":3,"box":{"x":50,"y":162,"width":55,"height":6}},{"id":"27d33275-09e7-4c2b-b152-d3825e5be0c0","block_type":"box","text":"Exclusions","page_number":3,"box":{"x":345,"y":162,"width":56,"height":6}},{"id":"1655e287-c12f-4ce2-b7c4-c2dcb8d2c108","block_type":"box","text":"Additional Exclusions","page_number":3,"box":{"x":569,"y":162,"width":115,"height":6}},{"id":"0942091a-6494-418a-a983-dce6f9861c37","block_type":"box","text":"Missing Data Treatment","page_number":3,"box":{"x":767,"y":162,"width":127,"height":8}},{"id":"cc57ba47-c534-44a6-a1aa-c458d45d314f","block_type":"box","text":"MSCI ESG Score","page_number":3,"box":{"x":51,"y":178,"width":83,"height":6}},{"id":"b27c7a7e-3f8a-4ae1-9815-d6afa64f4200","block_type":"box","text":"1.Cash and Cash Equivalents*","page_number":3,"box":{"x":344,"y":224,"width":146,"height":7}},{"id":"a36407f7-ff2c-4f46-b1ae-d4799702f08e","block_type":"box","text":"2. Derivatives **","page_number":3,"box":{"x":344,"y":235,"width":79,"height":5}},{"id":"33eea384-63ff-4eb6-918a-c6371824db58","block_type":"box","text":"3. Rights and Warrants","page_number":3,"box":{"x":344,"y":245,"width":112,"height":8}},{"id":"c5c4645b-fee7-4883-aa58-c3d32478661b","block_type":"box","text":"4.Securities without a Score or Rating","page_number":3,"box":{"x":344,"y":256,"width":186,"height":7}},{"id":"736f619e-0af8-4fdc-a696-fec060db428b","block_type":"box","text":"N/A","page_number":3,"box":{"x":569,"y":240,"width":19,"height":6}},{"id":"5a557a49-0cf5-4bea-aaa6-a4c812cb627d","block_type":"box","text":"N/A","page_number":3,"box":{"x":767,"y":240,"width":19,"height":6}},{"id":"5c102548-a7e6-4134-9607-d6ffb9d8256d","block_type":"box","text":"MSCI ESG Rating","page_number":3,"box":{"x":51,"y":194,"width":86,"height":7}},{"id":"a443197f-8678-4e51-849a-b381b0b02d71","block_type":"box","text":"MSCI Weighted Average Carbon Intensity","page_number":3,"box":{"x":51,"y":209,"width":206,"height":7}},{"id":"69499024-77cb-4fd9-a753-657d24c26501","block_type":"box","text":"MSCI Carbon Emissions","page_number":3,"box":{"x":51,"y":224,"width":119,"height":6}},{"id":"0968c7fe-6ca9-4ab3-86fd-cc7e1da01fd9","block_type":"box","text":"MSCI Average Income Inequality Score(Weighted)","page_number":3,"box":{"x":51,"y":240,"width":248,"height":7}},{"id":"aa5ebb42-a60d-48df-a9cf-056c2887c704","block_type":"box","text":"MSCI Average Freedom of Expression Score(Weighted)","page_number":3,"box":{"x":51,"y":255,"width":275,"height":8}},{"id":"71bd68f6-9f7b-43dc-b839-d564f8c38253","block_type":"box","text":"MSCI Average Corruption Score(Weighted)","page_number":3,"box":{"x":51,"y":271,"width":214,"height":7}},{"id":"fccdc204-9ef2-489c-ae88-b12dd61994e3","block_type":"box","text":"MSCI Average Political Stability Score(Weighted)","page_number":3,"box":{"x":51,"y":286,"width":242,"height":8}},{"id":"d3bc9232-757f-4d44-87a8-b4b474413551","block_type":"box","text":"Average Rule of Law Score(Weighted)","page_number":3,"box":{"x":50,"y":302,"width":188,"height":7}},{"id":"03be39e6-4563-4a32-b6d6-f84a5fc25181","block_type":"box","text":"MSCI ESG Ratings Distribution","page_number":3,"box":{"x":51,"y":317,"width":151,"height":7}},{"id":"8401dd4a-d8b1-48c0-b788-b8a5545977d6","block_type":"box","text":"1. Cash and Cash Equivalents *","page_number":3,"box":{"x":344,"y":330,"width":151,"height":7}},{"id":"dd503c5c-37ac-4879-ae3a-efb289804b35","block_type":"box","text":"2. Derivatives **","page_number":3,"box":{"x":344,"y":340,"width":79,"height":6}},{"id":"83b345d9-2865-49c4-bcb2-d6c1dcb0f587","block_type":"box","text":"3. Rights and Warrants","page_number":3,"box":{"x":344,"y":351,"width":112,"height":7}},{"id":"6c9cde5c-ce62-417d-8999-528424138f0c","block_type":"box","text":"N/A","page_number":3,"box":{"x":569,"y":340,"width":19,"height":7}},{"id":"d9e3e4b2-0617-4b77-b529-cd4bab722933","block_type":"box","text":"N/A","page_number":3,"box":{"x":767,"y":340,"width":19,"height":7}},{"id":"a076e0cc-0e33-48eb-ae67-c15320bda1cf","block_type":"box","text":"Government Freedom Status","page_number":3,"box":{"x":50,"y":333,"width":145,"height":5}},{"id":"693a16f2-d8c6-437b-a834-f344783c8550","block_type":"box","text":"CBI Green Bonds","page_number":3,"box":{"x":50,"y":348,"width":86,"height":6}},{"id":"a624e67d-2ec6-4773-9f1d-080014bacec3","block_type":"box","text":"Coverage for each ESG Attributes","page_number":3,"box":{"x":50,"y":363,"width":169,"height":8}},{"id":"41647b58-29d0-46d9-a0fe-0b4c011d8ce4","block_type":"box","text":"* Cash and Cash Equivalents: Cash, Cash Collateral, Money Market, Money Market Fund","page_number":3,"box":{"x":50,"y":379,"width":464,"height":7}},{"id":"9a3cae93-5544-45a3-bcf8-421e11633b6a","block_type":"box","text":"** Derivatives: Futures, Options, Swaps, Swaptions, Forwards","page_number":3,"box":{"x":50,"y":389,"width":324,"height":8}},{"id":"7158f0ec-7a32-47a0-a65e-d82e84e5f81c","block_type":"box","text":"Report ID: 5088530.1","page_number":3,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"0bc8d462-75de-4e62-9a17-98c689fe3301","block_type":"box","text":"Published: 18 Nov 2025","page_number":3,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"90aafefc-752f-4f15-bc34-b2e49114daec","block_type":"box","text":"P","page_number":3,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"4b050886-bc0c-4bc9-8d06-e176990d787f","block_type":"box","text":"a","page_number":3,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"3aa32154-858d-4439-89d0-85087d3296b9","block_type":"box","text":"g","page_number":3,"box":{"x":911,"y":970,"width":5,"height":5}},{"id":"1b0f1fd1-56ff-4ddb-82fe-039aa3f8f901","block_type":"box","text":"e","page_number":3,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"78c1b06d-8152-405d-b19e-aaa70cd62c38","block_type":"box","text":"3","page_number":3,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"3d11aa3f-acc9-4a2d-84ba-c119ab8eb2a9","block_type":"box","text":"of","page_number":3,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"aca10e70-2024-4b71-85ba-dbbda25825bd","block_type":"box","text":"5","page_number":3,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"bb830ed1-1088-43f5-a7d5-1c1180d05746","block_type":"box","text":"Disclosures","page_number":4,"box":{"x":52,"y":58,"width":166,"height":15}},{"id":"c4cf0d1b-ade6-4116-8df3-378da0ef4fac","block_type":"box","text":"State Street Global Advisors (SSGA) is now State Street Investment","page_number":4,"box":{"x":50,"y":92,"width":433,"height":8}},{"id":"446cf599-f1c3-471b-ad79-90a3a5f39c7f","block_type":"box","text":"Management. Please click here for more information.","page_number":4,"box":{"x":51,"y":105,"width":336,"height":9}},{"id":"ac041fb0-9953-4735-addc-5c7a32ebd9fd","block_type":"box","text":"Marketing Communication","page_number":4,"box":{"x":51,"y":122,"width":170,"height":9}},{"id":"62a762c2-afce-4d49-9b9b-eb3978fe6683","block_type":"box","text":"For institutional / professional investors use only.","page_number":4,"box":{"x":51,"y":140,"width":310,"height":9}},{"id":"52afb34c-587f-41c4-8fa7-e3495707d83f","block_type":"box","text":"The information presented above is intended to provide transparency","page_number":4,"box":{"x":50,"y":158,"width":414,"height":8}},{"id":"e2df8074-f656-43e5-bb58-df0119829595","block_type":"box","text":"to investors around sustainability characteristics of the fund. Present","page_number":4,"box":{"x":50,"y":170,"width":408,"height":9}},{"id":"c8558f94-fcaa-49ee-a531-ab09063cab18","block_type":"box","text":"ing this information should not be construed as a representation of the","page_number":4,"box":{"x":51,"y":183,"width":415,"height":9}},{"id":"27c52493-ddc2-47d0-b05b-1723917ca545","block_type":"box","text":"fund’s current or future investment objective, nor should it be viewed as","page_number":4,"box":{"x":50,"y":196,"width":422,"height":9}},{"id":"c5cb6872-44cd-413b-a139-d0fcb7c0c81c","block_type":"box","text":"an indicator of the fund manager’s current or future investment deci","page_number":4,"box":{"x":50,"y":209,"width":401,"height":9}},{"id":"fd6f3315-c0e9-4523-b09a-8f1eb1d98088","block_type":"box","text":"sion-making.","page_number":4,"box":{"x":50,"y":222,"width":76,"height":8}},{"id":"43678524-1560-41e0-bdb0-a37792a69f98","block_type":"box","text":"Investing involves risk including the risk of loss of principal.","page_number":4,"box":{"x":51,"y":239,"width":344,"height":9}},{"id":"6eee199d-5d0b-49f0-b533-231d51f66515","block_type":"box","text":"The whole or any part of this work may not be reproduced, copied or","page_number":4,"box":{"x":50,"y":257,"width":405,"height":9}},{"id":"b6af1bdc-aa5f-48e8-8a73-bd0cad8f723a","block_type":"box","text":"transmitted or any of its contents disclosed to third parties without SS","page_number":4,"box":{"x":50,"y":270,"width":414,"height":8}},{"id":"006fbeb5-c83f-44e6-a4b3-ecd1be6918f4","block_type":"box","text":"GA’s express written consent.","page_number":4,"box":{"x":50,"y":283,"width":176,"height":8}},{"id":"bad24a75-5cfe-4afb-aa0a-544fb407b026","block_type":"box","text":"All information is from SSGA unless otherwise noted and has been","page_number":4,"box":{"x":50,"y":300,"width":393,"height":7}},{"id":"e7e0625f-3347-4c9f-bcd6-6897e440412f","block_type":"box","text":"obtained from sources believed to be reliable, but its accuracy is not","page_number":4,"box":{"x":50,"y":313,"width":404,"height":9}},{"id":"01a553eb-e0f6-4910-8369-cd7a951dc54c","block_type":"box","text":"guaranteed. There is no representation or warranty as to the current","page_number":4,"box":{"x":50,"y":326,"width":407,"height":9}},{"id":"fb813172-eb3f-4d0b-bd07-9b8e1ef3a914","block_type":"box","text":"accuracy, reliability or completeness of, nor liability for, decisions based","page_number":4,"box":{"x":50,"y":339,"width":422,"height":8}},{"id":"640cf3c2-bdf7-499a-b1b0-613a3e9368f6","block_type":"box","text":"on such information and it should not be relied on as such.","page_number":4,"box":{"x":50,"y":351,"width":342,"height":7}},{"id":"ddb9f10b-f3d4-4d24-95b8-66d3cdb57bc7","block_type":"box","text":"The information provided does not constitute investment advice as such","page_number":4,"box":{"x":50,"y":369,"width":430,"height":9}},{"id":"560602a3-dbe0-4bc8-96a5-bb82fde3df16","block_type":"box","text":"term is defined under the Markets in Financial Instruments Directive","page_number":4,"box":{"x":50,"y":382,"width":402,"height":7}},{"id":"bd2b7fe4-a0d0-4edc-b305-f7e4906e2a93","block_type":"box","text":"(2014/65/EU) or applicable Swiss regulation and it should not be relied on","page_number":4,"box":{"x":51,"y":394,"width":432,"height":9}},{"id":"bbcb2deb-99f1-430d-bd11-544688dbab7d","block_type":"box","text":"as such. It should not be considered a solicitation to buy or an offer to sell","page_number":4,"box":{"x":50,"y":407,"width":431,"height":9}},{"id":"eeb1f0ea-fbef-4af7-9d73-215505fb924a","block_type":"box","text":"any investment. It does not take into account any investor’s or potential","page_number":4,"box":{"x":50,"y":420,"width":421,"height":9}},{"id":"c2c9fa37-f6d0-45fc-a7b9-31b50a1b6571","block_type":"box","text":"investor’s particular investment objectives, strategies, tax status, risk ap","page_number":4,"box":{"x":51,"y":433,"width":425,"height":9}},{"id":"14f68b3c-e86f-41f7-91cf-2c0b942dca21","block_type":"box","text":"petite or investment horizon. If you require investment advice you should","page_number":4,"box":{"x":51,"y":446,"width":428,"height":9}},{"id":"15700615-ce2d-47fd-a534-3377b3530816","block_type":"box","text":"consult your tax and financial or other professional advisor.","page_number":4,"box":{"x":50,"y":459,"width":349,"height":8}},{"id":"9b6e002a-2f90-4c6b-8630-f25daed0e490","block_type":"box","text":"The information contained in this communication is not a research","page_number":4,"box":{"x":50,"y":476,"width":422,"height":7}},{"id":"9a78a4d7-3e15-4044-90ba-a25deaf0b8af","block_type":"box","text":"recommendation or ‘investment research’ and is classified as a","page_number":4,"box":{"x":51,"y":489,"width":399,"height":7}},{"id":"acd8b0d9-e40d-4b4f-8ccc-099c00fd38fe","block_type":"box","text":"‘Marketing Communication’ in accordance with the applicable","page_number":4,"box":{"x":50,"y":502,"width":395,"height":9}},{"id":"cc3d526a-41df-4498-9ac9-165b631169cd","block_type":"box","text":"regional regulation. This means that this marketing communication","page_number":4,"box":{"x":51,"y":515,"width":426,"height":9}},{"id":"dba2f2fe-c7ce-4ca1-afa2-74f72436cd61","block_type":"box","text":"(a) has not been prepared in accordance with legal requirements","page_number":4,"box":{"x":51,"y":527,"width":411,"height":9}},{"id":"6c453a26-4746-4059-8abb-bbce637ad11b","block_type":"box","text":"designed to promote the independence of investment research (b)","page_number":4,"box":{"x":50,"y":540,"width":422,"height":9}},{"id":"b074488e-e549-4122-8ccd-d28edeadd1a8","block_type":"box","text":"is not subject to any prohibition on dealing ahead of the dissemina","page_number":4,"box":{"x":51,"y":553,"width":418,"height":9}},{"id":"1bbce84c-3786-4402-babc-959617277ec7","block_type":"box","text":"tion of investment research.","page_number":4,"box":{"x":50,"y":566,"width":178,"height":7}},{"id":"11d4de15-faf1-42f0-8b58-2dd02922f968","block_type":"box","text":"This communication is directed at professional clients (this includes","page_number":4,"box":{"x":50,"y":584,"width":402,"height":8}},{"id":"992092d4-18fb-4dc9-b0e4-c4d6c48c5d83","block_type":"box","text":"eligible counterparties as defined by the appropriate EU regulator) who","page_number":4,"box":{"x":50,"y":596,"width":421,"height":9}},{"id":"8df15a85-2f39-45d0-8620-cbcf6feead79","block_type":"box","text":"are deemed both knowledgeable and experienced in matters relating to","page_number":4,"box":{"x":50,"y":609,"width":425,"height":9}},{"id":"999671bf-f26b-4c0a-9809-ccea44284a96","block_type":"box","text":"investments. The products and services to which this communication","page_number":4,"box":{"x":51,"y":622,"width":410,"height":9}},{"id":"8d411137-3361-456b-8e36-de4844517930","block_type":"box","text":"relates are only available to such persons and persons of any other de","page_number":4,"box":{"x":51,"y":635,"width":412,"height":9}},{"id":"8d92a6b5-1def-40a5-aaa3-a469ba3b9d69","block_type":"box","text":"scription (including retail clients) should not rely on this communication.","page_number":4,"box":{"x":50,"y":648,"width":424,"height":9}},{"id":"c7d7a3d0-dc43-4b3d-9728-057c92eb8e51","block_type":"box","text":"Bonds generally present less short-term risk and volatility than stocks,","page_number":4,"box":{"x":51,"y":666,"width":415,"height":8}},{"id":"2bac0e97-7013-457f-a4cc-171db4e8085f","block_type":"box","text":"but contain interest rate risk (as interest rates raise, bond prices usually","page_number":4,"box":{"x":51,"y":678,"width":422,"height":9}},{"id":"68d035b4-2659-4023-ab5f-51af982da1be","block_type":"box","text":"fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk.","page_number":4,"box":{"x":50,"y":691,"width":418,"height":9}},{"id":"6fcb9f72-f8e0-46e7-9abb-9bec480978af","block_type":"box","text":"These effects are usually pronounced for longer-term securities. Any","page_number":4,"box":{"x":50,"y":704,"width":409,"height":9}},{"id":"b5e74940-19b1-4a97-82c1-af5e6a890671","block_type":"box","text":"fixed income security sold or redeemed prior to maturity may be subject","page_number":4,"box":{"x":50,"y":717,"width":429,"height":8}},{"id":"df0da22e-d714-4c4c-8b1a-ff64a01b7f4d","block_type":"box","text":"to a substantial gain or loss.","page_number":4,"box":{"x":50,"y":730,"width":163,"height":8}},{"id":"f957137e-bd82-44d6-8146-6fa5912696d2","block_type":"box","text":"ETFs trade like stocks, are subject to investment risk, fluctuate in market","page_number":4,"box":{"x":51,"y":747,"width":429,"height":9}},{"id":"61bf53a1-f300-46e5-a468-7bf887b98355","block_type":"box","text":"value and may trade at prices above or below the ETFs net asset value.","page_number":4,"box":{"x":50,"y":760,"width":419,"height":9}},{"id":"b80192f9-8f77-430d-b52d-3f581bbed75b","block_type":"box","text":"Brokerage commissions and ETF expenses will reduce returns.","page_number":4,"box":{"x":51,"y":773,"width":372,"height":9}},{"id":"43b191ff-b6b7-4079-8cee-572e99cae758","block_type":"box","text":"The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its","page_number":4,"box":{"x":50,"y":790,"width":415,"height":9}},{"id":"8ae2b60e-bba0-4846-aa37-d14ce8585f94","block_type":"box","text":"affiliates (“S&P DJI”) and have been licensed for use by State Street","page_number":4,"box":{"x":50,"y":803,"width":400,"height":9}},{"id":"da4a7332-2043-4b4d-9e0f-d13cb915ae7c","block_type":"box","text":"Global Advisors. S&P®, SPDR®, S&P 500®,US 500 and the 500 are","page_number":4,"box":{"x":50,"y":816,"width":396,"height":8}},{"id":"6f5d51a9-c302-4837-8af7-e4c4a112bf5b","block_type":"box","text":"trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow","page_number":4,"box":{"x":50,"y":829,"width":415,"height":8}},{"id":"832cf607-f443-406d-9c53-88b0835230f4","block_type":"box","text":"Jones® is a registered trademark of Dow Jones Trademark Holdings","page_number":4,"box":{"x":50,"y":842,"width":404,"height":8}},{"id":"a666f7b7-399b-47c7-85f7-2e4da5cb97ec","block_type":"box","text":"LLC (“Dow Jones”) and has been licensed for use by S&P Dow Jones","page_number":4,"box":{"x":51,"y":854,"width":407,"height":9}},{"id":"6dd92f1c-b377-44cb-ab79-cb07da337334","block_type":"box","text":"Indices; and these trademarks have been licensed for use by S&P DJI","page_number":4,"box":{"x":51,"y":867,"width":409,"height":9}},{"id":"b89371fd-0eec-43a6-be49-76de6e71bf55","block_type":"box","text":"and sublicensed for certain purposes by State Street Global Advisors.","page_number":4,"box":{"x":50,"y":880,"width":414,"height":9}},{"id":"8e77e40f-f528-4b3d-b0fe-bdaf73cbe836","block_type":"box","text":"The fund is not sponsored, endorsed, sold or promoted by S&P DJI, Dow","page_number":4,"box":{"x":50,"y":893,"width":428,"height":9}},{"id":"ee72c9de-4d35-4f20-abd4-0175f097f11f","block_type":"box","text":"Jones, S&P, their respective affiliates, and none of such parties make any","page_number":4,"box":{"x":50,"y":906,"width":432,"height":8}},{"id":"bd626f35-90f1-41ce-8dfd-947633e2a97f","block_type":"box","text":"representation regarding the advisability of investing in such product(s)","page_number":4,"box":{"x":51,"y":918,"width":421,"height":9}},{"id":"3410b701-710d-422a-869a-566987739e12","block_type":"box","text":"nor do they have any liability for any errors, omissions, or interruptions of","page_number":4,"box":{"x":515,"y":92,"width":430,"height":9}},{"id":"5f0ddf5a-dd6e-420f-887c-62a87f7ad8fb","block_type":"box","text":"these indices.","page_number":4,"box":{"x":515,"y":105,"width":81,"height":7}},{"id":"be183084-d097-441d-87c9-4e6d2038c56c","block_type":"box","text":"Please refer to the Fund’s latest Key Information Document (KID)/","page_number":4,"box":{"x":515,"y":122,"width":416,"height":9}},{"id":"577b8430-7ba0-48a5-bcf5-3daf8aea38f8","block_type":"box","text":"Key Investor Information Document (KIID) and Prospectus before","page_number":4,"box":{"x":515,"y":135,"width":415,"height":9}},{"id":"c94c20b9-b3a1-4901-b217-764f1dca2139","block_type":"box","text":"making any final investment decision. The latest English version of","page_number":4,"box":{"x":515,"y":148,"width":423,"height":9}},{"id":"5bde090e-50d4-4232-bf1d-76685cb36440","block_type":"box","text":"the prospectus and the KID/KIID can be found at","page_number":4,"box":{"x":515,"y":161,"width":306,"height":8}},{"id":"06b6dec2-4acd-40f8-96e2-f7e1186a8ece","block_type":"box","text":"www.ssga.com","page_number":4,"box":{"x":824,"y":163,"width":97,"height":7}},{"id":"331b3810-1ef1-42f7-a78a-df0f78fedbdc","block_type":"box","text":". A","page_number":4,"box":{"x":923,"y":161,"width":15,"height":7}},{"id":"a01281f5-1b31-44ad-8adc-d17f1fa23ee5","block_type":"box","text":"summary of investor rights can be found here:","page_number":4,"box":{"x":515,"y":174,"width":292,"height":8}},{"id":"fcacbbf9-64ff-4044-9268-4bf33bffb15c","block_type":"box","text":"https://www.ssga.","page_number":4,"box":{"x":811,"y":174,"width":116,"height":8}},{"id":"dfb6399a-c755-47ab-8d1d-31bb5a21188d","block_type":"box","text":"com/library-content/products/fund-docs/summary-of-inves","page_number":4,"box":{"x":515,"y":186,"width":396,"height":9}},{"id":"79c75a34-4421-4f7a-a56d-73b757715bb5","block_type":"box","text":"tor-rights/ssga-investors-rights-summary-template-non-etf-Lux.","page_number":4,"box":{"x":515,"y":199,"width":426,"height":9}},{"id":"0f622455-a6cb-416b-a54c-c4173b5509b4","block_type":"box","text":"pdf.","page_number":4,"box":{"x":515,"y":212,"width":24,"height":9}},{"id":"c0c4a30f-5c82-4242-9eb1-d234fe39b0a3","block_type":"box","text":"Note that the Management Company may decide to terminate the","page_number":4,"box":{"x":515,"y":230,"width":418,"height":8}},{"id":"d6452177-9aba-4810-bdf6-5e5c64462131","block_type":"box","text":"arrangements made for marketing and proceed with de-notification","page_number":4,"box":{"x":515,"y":243,"width":431,"height":8}},{"id":"cc1050d1-cc40-4fbe-a7fc-ca89692b9f3b","block_type":"box","text":"in compliance with Article 93a of Directive 2009/65/EC.","page_number":4,"box":{"x":515,"y":255,"width":355,"height":9}},{"id":"6d3a70d4-f452-44fe-9a75-3f0bb5089250","block_type":"box","text":"Investors should not evaluate an investment in the fund based solely on","page_number":4,"box":{"x":516,"y":273,"width":420,"height":9}},{"id":"ba29feba-e635-49c4-a681-bebcc7bb1622","block_type":"box","text":"the information above, but should consider other factors, including the","page_number":4,"box":{"x":515,"y":286,"width":415,"height":9}},{"id":"29a43400-4be7-4abf-a41f-fa96ae1a5245","block_type":"box","text":"fund’s overall investment objective and risk profile. Investors are encour","page_number":4,"box":{"x":515,"y":299,"width":424,"height":8}},{"id":"7d87b0d6-9b84-4661-86ca-7925d5dc3b06","block_type":"box","text":"aged to review the fund’s prospectus [https://www.ssga.com/fund-find","page_number":4,"box":{"x":515,"y":311,"width":414,"height":9}},{"id":"ebe2b526-426e-494b-8234-1d95aced2233","block_type":"box","text":"er?tab=documents] and KIID for more information regarding the fund","page_number":4,"box":{"x":515,"y":324,"width":412,"height":9}},{"id":"718f7eba-39f0-4861-8187-073c2b4e9789","block_type":"box","text":"and where applicable, the fund’s SFDR category.","page_number":4,"box":{"x":515,"y":337,"width":286,"height":9}},{"id":"993937bf-5bfc-4d98-8382-ca4ae4f84cae","block_type":"box","text":"Sustainability data is sourced from external providers. This data may","page_number":4,"box":{"x":515,"y":355,"width":407,"height":8}},{"id":"beb40e18-222f-4f18-94e9-ae99a73d8029","block_type":"box","text":"be incomplete, inaccurate, or unavailable for certain companies, which","page_number":4,"box":{"x":515,"y":368,"width":417,"height":8}},{"id":"dbddec25-5ed2-477a-86fc-ad2827a1262b","block_type":"box","text":"could limit the ability to fully capture or reflect their sustainability charac","page_number":4,"box":{"x":515,"y":380,"width":427,"height":9}},{"id":"3ad94072-bc6b-4781-9e0f-f25c442e0ef9","block_type":"box","text":"teristics. As a result, there may be limitations reported in the sustainabili","page_number":4,"box":{"x":515,"y":393,"width":425,"height":9}},{"id":"68cb8609-60d1-4316-81c0-a144fd7dc2c9","block_type":"box","text":"ty metrics or indicators.","page_number":4,"box":{"x":515,"y":406,"width":140,"height":9}},{"id":"75b395dd-b9fb-4c1e-b49a-0d8ea8243de8","block_type":"box","text":"The third-party information above has been obtained from sources","page_number":4,"box":{"x":515,"y":424,"width":398,"height":8}},{"id":"4598392f-7bc4-4e0d-850e-79400ddcd5bf","block_type":"box","text":"believed to be reliable as of the date indicated, but its accuracy is not","page_number":4,"box":{"x":515,"y":436,"width":408,"height":9}},{"id":"86e7a282-b532-4e0d-a16a-1c2316b70528","block_type":"box","text":"guaranteed by SSGA. SSGA is not liable for investment decisions based","page_number":4,"box":{"x":515,"y":449,"width":426,"height":9}},{"id":"fc459bc6-5847-4346-8034-266ab0a56785","block_type":"box","text":"on this information and it should not be relied on as such. There is no","page_number":4,"box":{"x":515,"y":462,"width":403,"height":7}},{"id":"f1560b78-8582-4759-9b77-21d1f2d1a94b","block_type":"box","text":"representation or warranty as to the current accuracy, reliability or com","page_number":4,"box":{"x":515,"y":475,"width":422,"height":9}},{"id":"170df215-5f3b-4aac-87d7-4f488c34e5b8","block_type":"box","text":"pleteness of this information.","page_number":4,"box":{"x":515,"y":488,"width":171,"height":8}},{"id":"9f3d3c7c-9645-4dd7-97fb-f9f44aa74cef","block_type":"box","text":"Data and metrics have been sourced as follows from the following con","page_number":4,"box":{"x":516,"y":505,"width":413,"height":9}},{"id":"78b02361-38b3-4950-a028-64e2ebdebe86","block_type":"box","text":"tributors as of the date of this report, and are subject to their disclosures","page_number":4,"box":{"x":515,"y":518,"width":428,"height":9}},{"id":"9a9c3102-fd8a-484d-a1a9-77c5cd43e8bf","block_type":"box","text":"below. All other data has been sourced by SSGA.","page_number":4,"box":{"x":515,"y":531,"width":289,"height":9}},{"id":"472290de-ad67-4b7e-81d8-e5e8156b5282","block_type":"box","text":"Source: MSCI: Certain information contained herein (the “Information”)","page_number":4,"box":{"x":515,"y":548,"width":419,"height":8}},{"id":"2e26249d-b80a-45fe-b631-a05a91dd31c9","block_type":"box","text":"is sourced from/copyright of MSCI Inc., MSCI ESG Research LLC, or their","page_number":4,"box":{"x":515,"y":561,"width":431,"height":9}},{"id":"a2f7746c-fcf5-44fb-a91f-4f44e77a5c47","block_type":"box","text":"affiliates (“MSCI”), or information providers (together the “MSCI Parties”)","page_number":4,"box":{"x":515,"y":574,"width":428,"height":9}},{"id":"0e45c909-b64e-4ca9-9075-020bf206a133","block_type":"box","text":"and may have been used to calculate scores, signals, or other indica","page_number":4,"box":{"x":515,"y":587,"width":402,"height":9}},{"id":"f25b4e11-83e1-4a26-8a02-4f7bda3620a2","block_type":"box","text":"tors. The Information is for internal use only and may not be reproduced","page_number":4,"box":{"x":515,"y":600,"width":424,"height":8}},{"id":"e0fdc3b3-3091-450b-8b12-028a1ff8f669","block_type":"box","text":"or disseminated in whole or part without prior written permission. The","page_number":4,"box":{"x":515,"y":613,"width":411,"height":8}},{"id":"a322c7d3-753a-422d-b7ed-f222fdf2a70d","block_type":"box","text":"Information may not be used for, nor does it constitute, an offer to buy","page_number":4,"box":{"x":516,"y":625,"width":410,"height":9}},{"id":"2b11100a-f9ca-4b2b-811a-ac1b5d0d40aa","block_type":"box","text":"or sell, or a promotion or recommendation of, any security, financial","page_number":4,"box":{"x":515,"y":638,"width":396,"height":9}},{"id":"5e601c4b-8c22-4801-a470-e7ef49c2647a","block_type":"box","text":"instrument or product, trading strategy, or index, nor should it be taken as","page_number":4,"box":{"x":515,"y":651,"width":434,"height":9}},{"id":"fe01ed9e-d13b-4c50-b920-151b0c93551c","block_type":"box","text":"an indication or guarantee of any future performance. Some funds may","page_number":4,"box":{"x":515,"y":664,"width":420,"height":9}},{"id":"bd36fd95-bd96-452e-81ba-de732753ded6","block_type":"box","text":"be based on or linked to MSCI indexes, and MSCI may be compensated","page_number":4,"box":{"x":515,"y":677,"width":422,"height":8}},{"id":"65f21a2f-de5d-4257-8e1e-da0d69c1cfa1","block_type":"box","text":"based on the fund’s assets under management or other measures. MSCI","page_number":4,"box":{"x":515,"y":690,"width":428,"height":8}},{"id":"4daf0451-dfee-4678-80b8-198b4ec93a7d","block_type":"box","text":"has established an information barrier between index research and cer","page_number":4,"box":{"x":515,"y":702,"width":420,"height":7}},{"id":"9237e372-f6ea-4cdb-a03f-73c2d76bfe98","block_type":"box","text":"tain Information. None of the Information in and of itself can be used to","page_number":4,"box":{"x":515,"y":715,"width":415,"height":7}},{"id":"6f71c6a6-25cf-4993-8e72-34f1b52aa861","block_type":"box","text":"determine which securities to buy or sell or when to buy or sell them. The","page_number":4,"box":{"x":515,"y":728,"width":429,"height":9}},{"id":"cdd617d7-ed84-4c86-8a40-1cda4055d2ee","block_type":"box","text":"Information is provided “as is” and the user assumes the entire risk of any","page_number":4,"box":{"x":516,"y":741,"width":430,"height":9}},{"id":"d909d484-2c21-4c3e-b97a-afb8e781fa4f","block_type":"box","text":"use it may make or permit to be made of the Information. No MSCI Party","page_number":4,"box":{"x":515,"y":754,"width":426,"height":8}},{"id":"32bc46d7-be58-4d2d-bc47-ee572df46416","block_type":"box","text":"warrants or guarantees the originality, accuracy and/or completeness of","page_number":4,"box":{"x":515,"y":766,"width":428,"height":9}},{"id":"9bd4bd62-7478-48ed-98ef-a93d407ada6b","block_type":"box","text":"the Information and each expressly disclaims all express or implied war","page_number":4,"box":{"x":515,"y":779,"width":421,"height":9}},{"id":"ef88c828-115e-4220-aef3-ba5e14301f62","block_type":"box","text":"ranties. No MSCI Party shall have any liability for any errors or omissions","page_number":4,"box":{"x":515,"y":792,"width":426,"height":9}},{"id":"6ac4e9ce-9759-442c-aa91-c4b509bdbc33","block_type":"box","text":"in connection with any Information herein, or any liability for any direct,","page_number":4,"box":{"x":515,"y":805,"width":416,"height":9}},{"id":"751ad967-5e2e-49ef-832e-aab9e11e924d","block_type":"box","text":"indirect, special, punitive, consequential or any other damages (including","page_number":4,"box":{"x":515,"y":818,"width":431,"height":9}},{"id":"04a55c3f-d260-493e-bdfe-2c5f388ce1f9","block_type":"box","text":"lost profits) even if notified of the possibility of such damages.","page_number":4,"box":{"x":515,"y":831,"width":363,"height":9}},{"id":"70d1df6b-fd24-4483-98dd-ff08e379d7f3","block_type":"box","text":"The returns on a portfolio of securities which exclude companies that do","page_number":4,"box":{"x":515,"y":848,"width":428,"height":9}},{"id":"507aeacb-2996-43e3-92eb-bd0ef1b0d717","block_type":"box","text":"not meet the portfolio’s sustainable strategy criteria may trail the returns","page_number":4,"box":{"x":515,"y":861,"width":428,"height":9}},{"id":"d93f3909-2bff-43a8-91f0-f6d44b77f9cd","block_type":"box","text":"on a portfolio of securities which include such companies. A portfolio’s","page_number":4,"box":{"x":515,"y":874,"width":415,"height":9}},{"id":"5a179666-2737-4f7c-b106-fbf8fc83ff4b","block_type":"box","text":"sustainable strategy criteria may result in the portfolio investing in indus","page_number":4,"box":{"x":515,"y":887,"width":424,"height":9}},{"id":"e1fd1f10-9554-40a2-a136-95a29d3e8126","block_type":"box","text":"try sectors or securities which underperform the market as a whole.","page_number":4,"box":{"x":515,"y":900,"width":400,"height":8}},{"id":"8f20c903-ef54-44f1-a626-97c22d4c5bd6","block_type":"box","text":"R-Factor scoring is designed by State Street to reflect certain sustain","page_number":4,"box":{"x":516,"y":917,"width":408,"height":9}},{"id":"9b9d179a-8ece-4623-b162-016267ec0fdb","block_type":"box","text":"Report ID: 5088530.1","page_number":4,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"d79fcd1c-5419-4f56-8778-6ab3e4df65ef","block_type":"box","text":"Published: 18 Nov 2025","page_number":4,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"d60104fd-3288-45b6-a39a-b8fbbffee32f","block_type":"box","text":"P","page_number":4,"box":{"x":899,"y":968,"width":5,"height":6}},{"id":"a4d5f3f1-9d8f-4751-876f-b9b3c9eed631","block_type":"box","text":"a","page_number":4,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"577cb934-1cde-4a9b-beaf-d84c539abaac","block_type":"box","text":"g","page_number":4,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"d31a07d1-1c29-4843-bf6b-c56fc5a86ae5","block_type":"box","text":"e","page_number":4,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"9876b793-2d36-4b20-b86d-cf11383fa092","block_type":"box","text":"4","page_number":4,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"83362df6-3863-483f-931f-98c314fb2b93","block_type":"box","text":"of","page_number":4,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"58972248-dddf-4033-b233-a80352210fb8","block_type":"box","text":"5","page_number":4,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"da74a603-6b0d-499b-b6da-07f5b3f6f4b0","block_type":"box","text":"ability factors and does not represent investment performance. Results","page_number":5,"box":{"x":50,"y":35,"width":423,"height":9}},{"id":"0e06323a-9926-4a7b-813c-b7a338695683","block_type":"box","text":"generated out of the scoring model are based on sustainability dimen","page_number":5,"box":{"x":50,"y":48,"width":410,"height":9}},{"id":"03f2b327-65eb-4f6f-83fa-66fc0e3ddb88","block_type":"box","text":"sions of a scored entity.","page_number":5,"box":{"x":50,"y":61,"width":139,"height":8}},{"id":"144933cc-e949-416e-9294-8f1f4f50287b","block_type":"box","text":"In the UK, this document has been issued by State Street Global Advisors","page_number":5,"box":{"x":51,"y":78,"width":433,"height":9}},{"id":"557ca991-22c7-4d3a-88ca-e45e23d0bb39","block_type":"box","text":"Limited (“SSGAL”). Authorized and regulated by the Financial Conduct","page_number":5,"box":{"x":51,"y":91,"width":418,"height":9}},{"id":"10277a76-311b-4752-a056-40dbef2de3fd","block_type":"box","text":"Authority, Registered No.2509928. VAT No. 5776591 81. Registered of","page_number":5,"box":{"x":50,"y":104,"width":415,"height":9}},{"id":"459fc80e-2f5e-421d-a669-064dc7be1010","block_type":"box","text":"f","page_number":5,"box":{"x":464,"y":108,"width":4,"height":0}},{"id":"31f9a879-d1f0-4a50-8736-b92485162374","block_type":"box","text":"fice: 20 Churchill Place, Canary Wharf, London, E14 5HJ. Telephone: 020","page_number":5,"box":{"x":50,"y":117,"width":430,"height":8}},{"id":"61499ac2-ae49-4603-8358-b4f3d12412a8","block_type":"box","text":"3395 6000. Facsimile: 020 3395 6350 Web:","page_number":5,"box":{"x":50,"y":130,"width":264,"height":7}},{"id":"132c5743-da7f-4d0a-a979-0dd68999ff9c","block_type":"box","text":"www.ssga.com","page_number":5,"box":{"x":317,"y":131,"width":88,"height":7}},{"id":"61b1095f-edb3-4f75-a044-1f202e4aedaf","block_type":"box","text":".","page_number":5,"box":{"x":406,"y":135,"width":1,"height":1}},{"id":"01e537c4-981f-44ad-be3a-3ec89503af2f","block_type":"box","text":"© 2025 State Street Corporation - All Rights Reserved.","page_number":5,"box":{"x":50,"y":159,"width":326,"height":9}},{"id":"178dacea-55fc-4900-9d42-b38990317e99","block_type":"box","text":"Tracking Code: 7765755.1.5.EMEA.INST","page_number":5,"box":{"x":50,"y":171,"width":236,"height":9}},{"id":"f9ca87ce-4b92-4155-a449-4df8450a6b9a","block_type":"box","text":"Expiration Date: 10/31/2026","page_number":5,"box":{"x":51,"y":183,"width":163,"height":8}},{"id":"a06bfdbf-f95a-4a93-a32b-1d76a14f645f","block_type":"box","text":"State Street Global Advisors Worldwide Entities","page_number":5,"box":{"x":50,"y":195,"width":284,"height":7}},{"id":"9dd5b727-3902-46db-887e-a93328e332ec","block_type":"box","text":"Report ID: 5088530.1","page_number":5,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"11521e6c-357b-4bf4-8a5d-ef9b5ed86801","block_type":"box","text":"Published: 18 Nov 2025","page_number":5,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"29de5068-16cb-4614-98e3-5bf3991d7124","block_type":"box","text":"P","page_number":5,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"e4bfa84c-8d83-4e1f-9de7-b6c03699c6cd","block_type":"box","text":"a","page_number":5,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"364ed445-6a4e-47cb-aaed-88af70e061a2","block_type":"box","text":"g","page_number":5,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"1c4e1eeb-90c9-4a36-a67a-4e7012ddb967","block_type":"box","text":"e","page_number":5,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"addabab2-1789-4c91-8663-186b129ae776","block_type":"box","text":"5","page_number":5,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"e5b56f95-e92f-4467-8781-dbd9a69545c2","block_type":"box","text":"of","page_number":5,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"675e7584-6050-4b86-be29-d27894ac1966","block_type":"box","text":"5","page_number":5,"box":{"x":944,"y":968,"width":5,"height":6}}],"unit":"per_mille","page_width":595,"page_height":[{"value":841,"pages":[1]},{"value":842,"pages":[2,3,4,5]}],"attributes":{"chunk_type":"page_range","start_page":1,"end_page":5}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"c3cc3a03-1f1c-456b-80ab-e9b270cf3837"},"user_id":1000002,"date_created":"2026-10-05T20:54:21.009000Z","date_modified":"2026-10-05T20:54:21.009000Z","private":false}