{"annotation_id":"a315d240-e858-48dd-b102-01a8c52d4612","file_hash":"5debec94f947665dfaba6fa31b12279ea16a932a5bd4900cc77162c8310326b8","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"d2a3a752-3f58-4284-bb17-3570c7ee00fe","block_type":"box","text":"State Street ACS Multi-Factor Global","page_number":1,"box":{"x":51,"y":71,"width":641,"height":18}},{"id":"0534c534-f198-4956-b00d-64e611e8ab04","block_type":"box","text":"Index Equity Fund - B2H","page_number":1,"box":{"x":52,"y":105,"width":407,"height":23}},{"id":"f65f362a-f744-41fa-aefe-1d4ebed1c8f4","block_type":"box","text":"Asset Class","page_number":1,"box":{"x":754,"y":46,"width":58,"height":6}},{"id":"25098fb7-184a-43a3-816f-0553d7e9a419","block_type":"box","text":"Equity","page_number":1,"box":{"x":754,"y":62,"width":34,"height":7}},{"id":"e3c1287f-ff48-4674-9225-d737225cdda2","block_type":"box","text":"Fund Identifier","page_number":1,"box":{"x":754,"y":92,"width":72,"height":6}},{"id":"d45742e7-1274-4774-86f1-7bf870c6231e","block_type":"box","text":"GB00BJRJFG32","page_number":1,"box":{"x":754,"y":107,"width":90,"height":6}},{"id":"0c23aa6e-fef9-43c4-93ca-b3500628610d","block_type":"box","text":"As of 30 Sep 2026","page_number":1,"box":{"x":753,"y":138,"width":97,"height":7}},{"id":"e4a766eb-ac5d-4d75-b1bd-66c24a37fd16","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":"49ca5f89-48da-44a9-a1fe-364a589ce665","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":"3b357ab9-0d3e-4388-8391-37066d0e1fd7","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":"51a54060-827b-469f-b521-dbab98a56f1e","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":"d50ab8fa-2490-4c83-bf16-ce1262cda112","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":"93e3d3ba-a02a-49c1-a868-d14a255e7db8","block_type":"box","text":"Climate Metrics","page_number":1,"box":{"x":51,"y":274,"width":225,"height":16}},{"id":"74788e0d-5671-41ca-9f78-8ac8f4e83f5a","block_type":"box","text":"Source: State Street Investment Management, MSCI,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":852,"height":8}},{"id":"ff59841c-3c8b-43ca-b02c-035ca60c61cd","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":"26cdc674-c52d-4ae9-8080-915567c9becc","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":"930ab569-5bda-4121-974b-d16d4aa82f2d","block_type":"box","text":"Actual results may differ.","page_number":1,"box":{"x":50,"y":346,"width":123,"height":7}},{"id":"a5bb686d-3c78-4fe9-aef5-9733a6d30c08","block_type":"box","text":"Green Revenues","page_number":1,"box":{"x":50,"y":377,"width":123,"height":8}},{"id":"2942a90b-dc81-4af2-871d-e72311341923","block_type":"box","text":"Brown Revenues","page_number":1,"box":{"x":284,"y":377,"width":125,"height":8}},{"id":"8ad8c8e4-23b8-446c-9840-998799f3aa42","block_type":"box","text":"7.90%","page_number":1,"box":{"x":104,"y":402,"width":51,"height":8}},{"id":"93ba1708-344a-463b-9689-dd13fe36c9a4","block_type":"box","text":"2.65%","page_number":1,"box":{"x":338,"y":402,"width":51,"height":8}},{"id":"ed44aaf3-9f1f-4352-90c1-2278f176d6b6","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":51,"y":431,"width":93,"height":7}},{"id":"f54fb2ae-8d52-47e7-9c2c-5d75872911b6","block_type":"box","text":"100.00%","page_number":1,"box":{"x":175,"y":432,"width":53,"height":6}},{"id":"91ac87d8-0fe8-43ae-9297-5b6ec76c2ea2","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":284,"y":431,"width":93,"height":7}},{"id":"5f4fc91f-7ed5-445f-81e4-b63f3c7e7b66","block_type":"box","text":"100.00%","page_number":1,"box":{"x":408,"y":432,"width":53,"height":6}},{"id":"fd69b2c2-4cbf-4cf7-adad-12eaeeba1e56","block_type":"box","text":"Implied Temperature","page_number":1,"box":{"x":51,"y":473,"width":162,"height":10}},{"id":"12259cce-696d-47c2-94df-4e042717a3ce","block_type":"box","text":"Rise (°C)","page_number":1,"box":{"x":51,"y":488,"width":64,"height":9}},{"id":"87a16ec1-7dfa-4306-b390-5e2e48cb0a4e","block_type":"box","text":"Potential Emissions","page_number":1,"box":{"x":284,"y":473,"width":146,"height":8}},{"id":"7044109d-5e61-4134-b969-9d5ce57912d7","block_type":"box","text":"2.23","page_number":1,"box":{"x":105,"y":512,"width":39,"height":8}},{"id":"fab1957d-635d-4e18-8054-4fc010a177d4","block_type":"box","text":"0.00","page_number":1,"box":{"x":338,"y":512,"width":40,"height":8}},{"id":"d3efb7b9-8b7f-4a34-8b5e-ba55d8380dfa","block_type":"box","text":"ktCO2-eq per $mn invested","page_number":1,"box":{"x":338,"y":528,"width":111,"height":6}},{"id":"f33f9660-02e4-4f1d-9cca-1ebf0669b8f2","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":51,"y":541,"width":93,"height":7}},{"id":"b1ae08ca-eb16-4a55-9cb7-380dc8b3b3c9","block_type":"box","text":"99.97%","page_number":1,"box":{"x":182,"y":542,"width":46,"height":6}},{"id":"6edf11c3-02b1-474e-a486-8ee76556de1b","block_type":"box","text":"Carbon Footprint","page_number":1,"box":{"x":50,"y":582,"width":133,"height":10}},{"id":"21eb19da-978c-4691-a709-3eb93b622700","block_type":"box","text":"(t CO2e/$M EVIC)","page_number":1,"box":{"x":184,"y":585,"width":76,"height":6}},{"id":"d3eed2ba-fd66-444d-b00e-cd3a9809274a","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":318,"y":601,"width":41,"height":6}},{"id":"fdb8ff4a-30e9-4fd8-acad-2f0e5fed4d12","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":390,"y":601,"width":93,"height":8}},{"id":"b3fd61a0-d780-4968-aa15-51cad809153d","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":50,"y":615,"width":37,"height":8}},{"id":"c7a2f0cb-53d0-4f23-9510-dddd0b04237f","block_type":"box","text":"13.47","page_number":1,"box":{"x":322,"y":617,"width":37,"height":5}},{"id":"24381897-b485-46fe-b6be-bb1f0acb027b","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":617,"width":53,"height":5}},{"id":"9fda3a4c-2c80-4d67-8501-a7b315a4f882","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":50,"y":632,"width":41,"height":7}},{"id":"8b0d953f-ac46-466b-895e-384c7bb67601","block_type":"box","text":"5.05","page_number":1,"box":{"x":330,"y":633,"width":29,"height":6}},{"id":"34ee6637-02d9-4139-aac1-ba788f11b644","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":633,"width":53,"height":6}},{"id":"89791db5-1d96-47e2-ba09-e618d6c09bbd","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":50,"y":649,"width":41,"height":7}},{"id":"694f0ce0-3743-41ba-b114-6fd3b5d7acfe","block_type":"box","text":"137.26","page_number":1,"box":{"x":314,"y":650,"width":45,"height":6}},{"id":"b784dcd8-f5c2-42cf-badc-00ae6bc6867e","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":650,"width":53,"height":6}},{"id":"576251a8-e615-44d7-9642-bcb71842b183","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":50,"y":665,"width":52,"height":7}},{"id":"4be9fc44-f146-40c0-b258-fd1874980f5d","block_type":"box","text":"18.52","page_number":1,"box":{"x":322,"y":666,"width":37,"height":6}},{"id":"82da4b04-fb8d-40f3-8d3d-07838695a57c","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":666,"width":53,"height":6}},{"id":"a68483bf-a768-4abb-8509-30e01722e3a3","block_type":"box","text":"Scope 1+2+3","page_number":1,"box":{"x":50,"y":682,"width":66,"height":7}},{"id":"970a4e33-04a6-4118-8a01-0e2181d0906e","block_type":"box","text":"159.53","page_number":1,"box":{"x":314,"y":683,"width":45,"height":6}},{"id":"ac78c8e9-88ec-475a-b240-2efc6e146d5f","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":683,"width":53,"height":6}},{"id":"3bbce815-08b0-4d9e-89de-d4bf26752684","block_type":"box","text":"Total Carbon Emissions","page_number":1,"box":{"x":516,"y":378,"width":177,"height":8}},{"id":"60ab310e-58db-40a1-9dd1-e3b9d8590e3b","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":401,"width":42,"height":6}},{"id":"ef0fada1-ac3e-407c-8e43-26f7887ad3ad","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":401,"width":93,"height":8}},{"id":"0dda91e6-5ae0-4d79-8c58-a6af475923a4","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":516,"y":415,"width":37,"height":8}},{"id":"3203d0d6-b4c2-4d6f-bc28-81f33d7f6195","block_type":"box","text":"9,978.27","page_number":1,"box":{"x":780,"y":417,"width":60,"height":7}},{"id":"efcb428f-71b3-4d60-801f-8cd6c7e24856","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":417,"width":52,"height":6}},{"id":"95294785-901c-487e-80cb-02ce01bff034","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":516,"y":432,"width":40,"height":7}},{"id":"78a321ac-d351-456d-ae3d-fdd0f2206017","block_type":"box","text":"3,743.24","page_number":1,"box":{"x":780,"y":433,"width":61,"height":8}},{"id":"ecb16417-285c-4aab-8056-d93d37f0ac57","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":433,"width":52,"height":6}},{"id":"a4c84d31-ebdb-402d-816e-98b08892c02f","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":516,"y":449,"width":40,"height":7}},{"id":"73a2a92b-95e3-4c42-8aeb-6579c3c1560a","block_type":"box","text":"101,705.26","page_number":1,"box":{"x":765,"y":450,"width":76,"height":7}},{"id":"79d1b2f6-18b0-409d-a21a-05bf17c9fe94","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":450,"width":52,"height":6}},{"id":"d74614b8-0b1e-40f1-9317-0a83eb9b1166","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":516,"y":465,"width":51,"height":8}},{"id":"3cf92137-18fc-4b73-9a33-19b521c09115","block_type":"box","text":"13,721.54","page_number":1,"box":{"x":773,"y":467,"width":68,"height":7}},{"id":"b3b7aa00-cafa-491c-8f85-d690d04c48cd","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":467,"width":52,"height":5}},{"id":"57b2e1a9-995b-40aa-a20c-a459882e2f1b","block_type":"box","text":"Weighted Average Carbon Intensity","page_number":1,"box":{"x":515,"y":509,"width":271,"height":10}},{"id":"b1c27eb4-65d8-460c-bc40-79fc09805249","block_type":"box","text":"(t CO2e/$M Sales)","page_number":1,"box":{"x":787,"y":512,"width":77,"height":6}},{"id":"c2306efd-3b37-47c5-9c25-ab2ea230de86","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":533,"width":42,"height":5}},{"id":"b765a353-17f3-43e3-9bd8-1af21386ae87","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":533,"width":93,"height":7}},{"id":"d48085bf-2182-44ee-93a1-e19be78d3f40","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":516,"y":547,"width":37,"height":7}},{"id":"c6f7a137-9cef-48e1-8162-ec7559348546","block_type":"box","text":"45.00","page_number":1,"box":{"x":803,"y":548,"width":38,"height":6}},{"id":"d6be7d86-9248-48a7-a038-096445db6800","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":548,"width":52,"height":6}},{"id":"b14ff301-b4a4-4702-bb22-66da5a0c75ed","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":516,"y":563,"width":40,"height":7}},{"id":"c8e56cea-b997-4210-9d6f-97438c1ce920","block_type":"box","text":"19.46","page_number":1,"box":{"x":803,"y":564,"width":38,"height":6}},{"id":"a729ff69-0839-4d74-b3e2-aee264359d67","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":564,"width":52,"height":6}},{"id":"375a612e-cc5e-4c82-bf5b-291f5941f75f","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":516,"y":580,"width":40,"height":7}},{"id":"81551e0c-cbf3-4673-af8b-92a7d0bea80f","block_type":"box","text":"433.92","page_number":1,"box":{"x":795,"y":581,"width":45,"height":6}},{"id":"246ea8a9-8008-4ea5-839a-ddcef963a7c5","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":581,"width":52,"height":6}},{"id":"60a79ef7-f82e-4ae0-9b92-1b648a861d34","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":516,"y":597,"width":51,"height":7}},{"id":"0ac3b86a-f136-4238-92e8-e3228a05b356","block_type":"box","text":"64.46","page_number":1,"box":{"x":803,"y":598,"width":38,"height":6}},{"id":"308839f8-159f-4137-b579-08d7748bc56b","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":598,"width":52,"height":6}},{"id":"72127995-d869-41f1-af30-5a5bfcc43c1a","block_type":"box","text":"Scope 1+2+3","page_number":1,"box":{"x":516,"y":613,"width":66,"height":7}},{"id":"48010dd3-d388-43e9-b6c3-c9e4727e3fa8","block_type":"box","text":"503.18","page_number":1,"box":{"x":795,"y":614,"width":46,"height":6}},{"id":"095eeace-ba03-41ac-acb5-a69cb3127ee1","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":614,"width":52,"height":6}},{"id":"fd1f64cd-c8f2-4371-9784-3461ef755212","block_type":"box","text":"Climate Value at Risk","page_number":1,"box":{"x":516,"y":656,"width":189,"height":9}},{"id":"f0dbcdce-89bf-4045-8760-6eb33c630079","block_type":"box","text":"Policy Risk VaR","page_number":1,"box":{"x":516,"y":681,"width":82,"height":7}},{"id":"4704867b-b4a4-4240-ba5e-98fe0320dd7a","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":681,"width":42,"height":6}},{"id":"99a568a9-5970-4711-98b6-b712d35d2bb2","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":681,"width":93,"height":7}},{"id":"30de35c5-5b86-45df-a5de-288c6c5b4fb6","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":695,"width":127,"height":7}},{"id":"df44b4d4-f8ea-4797-a97b-cbaf8d762fb0","block_type":"box","text":"-5.91%","page_number":1,"box":{"x":797,"y":696,"width":44,"height":6}},{"id":"3b65707e-13f6-4556-884f-c4105e4cd2b5","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":696,"width":52,"height":6}},{"id":"56645e66-ad4d-43ff-b2f5-5690c53a6f9d","block_type":"box","text":"Technology Opportunities VaR","page_number":1,"box":{"x":516,"y":712,"width":164,"height":7}},{"id":"34b19012-c444-406a-9030-3a3c13689850","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":728,"width":127,"height":8}},{"id":"013e652c-fb2a-499d-bb68-997f58ecebc7","block_type":"box","text":"0.53%","page_number":1,"box":{"x":803,"y":730,"width":38,"height":5}},{"id":"e6858947-912f-4081-8700-eefd13486b95","block_type":"box","text":"92.99%","page_number":1,"box":{"x":903,"y":730,"width":45,"height":5}},{"id":"1bda214e-ca4c-431b-bc59-d4ac06217fcd","block_type":"box","text":"Physical Risk VaR","page_number":1,"box":{"x":516,"y":745,"width":95,"height":7}},{"id":"6cd8ecae-43b2-42b6-b4d0-55c0c2de445d","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":762,"width":127,"height":7}},{"id":"e40c48ec-209e-4bdb-bd45-50b81b8587f5","block_type":"box","text":"-0.31%","page_number":1,"box":{"x":797,"y":763,"width":44,"height":6}},{"id":"87d1da53-d527-4fba-b27c-a4944b50ff06","block_type":"box","text":"99.97%","page_number":1,"box":{"x":903,"y":763,"width":45,"height":6}},{"id":"b83c7ad5-1174-4916-a71c-0ca1658f5ee2","block_type":"box","text":"Hothouse (3 °C)","page_number":1,"box":{"x":516,"y":778,"width":79,"height":7}},{"id":"7177f967-0ec6-45d9-ad65-eaac3a27424d","block_type":"box","text":"-0.96%","page_number":1,"box":{"x":797,"y":779,"width":44,"height":6}},{"id":"df2814e4-46bb-4f7e-a297-231a92328631","block_type":"box","text":"99.97%","page_number":1,"box":{"x":903,"y":779,"width":45,"height":6}},{"id":"e966e783-a3f6-4edd-a5bc-025632756e69","block_type":"box","text":"Report ID: 5648887.1","page_number":1,"box":{"x":362,"y":968,"width":116,"height":9}},{"id":"5988066f-db58-497b-9e4a-f9d355f1d8d4","block_type":"box","text":"Published: 13 Oct 2026","page_number":1,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"f2aceaf6-73bf-4edf-87ce-906bbe1e2ca3","block_type":"box","text":"P","page_number":1,"box":{"x":902,"y":968,"width":5,"height":6}},{"id":"e09d9b08-3aab-48c3-8e48-840c89e4c874","block_type":"box","text":"a","page_number":1,"box":{"x":908,"y":970,"width":5,"height":4}},{"id":"65f18099-71a1-4bd0-b89e-392b6dc2d421","block_type":"box","text":"g","page_number":1,"box":{"x":913,"y":970,"width":6,"height":5}},{"id":"283a3bd6-a692-4c19-9a4e-534ff7f2275f","block_type":"box","text":"e","page_number":1,"box":{"x":919,"y":970,"width":5,"height":4}},{"id":"c6b7987b-309f-4dda-9689-a065e38002f3","block_type":"box","text":"1","page_number":1,"box":{"x":926,"y":968,"width":3,"height":6}},{"id":"ea179828-f3d1-444b-84ab-d69d1206de3d","block_type":"box","text":"of","page_number":1,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"4215ae8d-cff8-4b44-8818-9ff78376ae04","block_type":"box","text":"4","page_number":1,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"1bf6b5b9-f7ec-407c-9e20-fdd267d6a212","block_type":"box","text":"Glossary","page_number":2,"box":{"x":51,"y":59,"width":129,"height":19}},{"id":"28d7277a-db75-401f-92be-bf807d4dfd1c","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":"f3e7398f-edea-4089-8453-6ffdead72ae7","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":"bb746465-026f-4814-84c9-da5b0b6e396b","block_type":"box","text":"otherwise stated.","page_number":2,"box":{"x":51,"y":120,"width":102,"height":7}},{"id":"6455d981-269a-4d44-b9e0-33508a757a68","block_type":"box","text":"Climate Metrics","page_number":2,"box":{"x":51,"y":152,"width":157,"height":11}},{"id":"219e7570-1d3f-4385-a93f-d354b803d89e","block_type":"box","text":"Data Treatments","page_number":2,"box":{"x":51,"y":173,"width":108,"height":7}},{"id":"c39bb250-0bbd-4a86-862b-1128fa4816d4","block_type":"box","text":"- State Street applies the data treatments where","page_number":2,"box":{"x":163,"y":173,"width":286,"height":9}},{"id":"1be13eeb-74a5-48a6-956d-19835c044ab4","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":"9b8f66fe-8dc2-4a10-bc1e-75888bd07c5d","block_type":"box","text":"metrics they are applied to please","page_number":2,"box":{"x":51,"y":199,"width":201,"height":9}},{"id":"09d18661-7735-4c52-a36e-385dfdc03c23","block_type":"box","text":"click","page_number":2,"box":{"x":255,"y":199,"width":28,"height":7}},{"id":"7ba09ecc-4bbf-4ba7-aac1-9cd20507faf1","block_type":"box","text":"here","page_number":2,"box":{"x":286,"y":199,"width":26,"height":7}},{"id":"51692b66-e209-4fb0-a866-d8ca5a24b074","block_type":"box","text":".","page_number":2,"box":{"x":313,"y":205,"width":2,"height":1}},{"id":"5bcc3ab0-f7d7-431c-8aa0-27786c84d1a2","block_type":"box","text":"Portfolio Coverage","page_number":2,"box":{"x":51,"y":217,"width":119,"height":8}},{"id":"13a6dfd9-0051-422f-8abe-0ade0bedf84b","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":"69c65a59-a87d-4cb2-897a-a8327c567376","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":"e420d354-08f5-477c-aec7-3f867fbc15ce","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":"c8f34031-64a0-4357-8a93-7d0f23bfb878","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":"1917e07e-642a-45df-af6c-8b7d7d7d59c9","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":"316c2a80-010c-4c1f-8c03-46c1f25d1e40","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":"8a8bbae0-b9ae-42e5-b7b1-9eea17a86e04","block_type":"box","text":"estimated data to fill these gaps.","page_number":2,"box":{"x":51,"y":293,"width":191,"height":9}},{"id":"ffe0aa3f-0cbd-4725-af07-c52a1c165459","block_type":"box","text":"Green Revenues – MSCI:","page_number":2,"box":{"x":51,"y":311,"width":156,"height":7}},{"id":"cb65114b-912a-41e5-b6c0-89b28dabf82e","block_type":"box","text":"Weighted Average of each Underlying","page_number":2,"box":{"x":210,"y":311,"width":224,"height":9}},{"id":"c9bab3f8-4304-49d4-9a52-7d785458690c","block_type":"box","text":"Security with Green Revenue for the portfolio level.","page_number":2,"box":{"x":51,"y":324,"width":301,"height":9}},{"id":"e48e79d5-cac8-4c16-bc81-8479f4b4bbf5","block_type":"box","text":"Brown Revenues:","page_number":2,"box":{"x":51,"y":342,"width":110,"height":6}},{"id":"74ee0249-ba79-4ca6-a4a5-adb99c63e09f","block_type":"box","text":"Percentage of revenue from “brown” sectors and","page_number":2,"box":{"x":165,"y":341,"width":287,"height":9}},{"id":"8bb5c15a-f2c1-4783-9486-20b1d7436e9c","block_type":"box","text":"activities, including fossil fuel extractions, mining, operations, and power","page_number":2,"box":{"x":51,"y":354,"width":425,"height":9}},{"id":"b8e65940-db7c-4cf9-9ced-520c1a965fc7","block_type":"box","text":"generation, employing MSCI revenue indicators. Brown revenue (%) is","page_number":2,"box":{"x":51,"y":367,"width":411,"height":9}},{"id":"ed02f4c0-ecc3-4ec5-9008-82d06ecca259","block_type":"box","text":"defined as the proportion of revenues a company derives from activities","page_number":2,"box":{"x":51,"y":380,"width":426,"height":9}},{"id":"c7727c6f-2b64-4757-b6ee-117cdaa6df68","block_type":"box","text":"related to the extraction of fossil fuels, or power generation using fossil","page_number":2,"box":{"x":51,"y":393,"width":415,"height":9}},{"id":"17be0c15-3e15-4164-85eb-095e4d01888b","block_type":"box","text":"fuel-based energy sources. It reflects firms tied to conventional energy","page_number":2,"box":{"x":50,"y":406,"width":419,"height":8}},{"id":"2ae47ca2-1d6e-4868-a7ad-9929e4d4bcbf","block_type":"box","text":"value chains.","page_number":2,"box":{"x":50,"y":419,"width":76,"height":6}},{"id":"8ab07269-d83b-47bd-8e6a-4538d1cd33cc","block_type":"box","text":"Brown Revenues– MSCI:","page_number":2,"box":{"x":51,"y":436,"width":155,"height":7}},{"id":"f8ba17e1-da59-4b59-b853-77dd3877417c","block_type":"box","text":"Weighted Average of each Underlying","page_number":2,"box":{"x":209,"y":436,"width":225,"height":9}},{"id":"c54617bc-a19c-45f1-86bc-329b0069a32e","block_type":"box","text":"Security with Brown Revenue for the portfolio level.","page_number":2,"box":{"x":51,"y":449,"width":302,"height":8}},{"id":"b0d6e23f-c7a1-434d-9f6f-c4c961e0df58","block_type":"box","text":"Potential Emissions – MSCI:","page_number":2,"box":{"x":51,"y":466,"width":176,"height":7}},{"id":"c03ca22f-f91e-4aaa-9f0e-0fb9a23232d3","block_type":"box","text":"Sum of Weighted Average Total Potential","page_number":2,"box":{"x":230,"y":466,"width":243,"height":9}},{"id":"940933df-d46a-4763-8098-c437b8bfc2ee","block_type":"box","text":"Emission of Fossil Fuel Reserves Normalized by EVIC $MN (ktCO2-eq","page_number":2,"box":{"x":51,"y":478,"width":413,"height":10}},{"id":"c91077af-cd8e-440c-86a2-7410c6404a5a","block_type":"box","text":"per $MN invested) on the Portfolio Level.","page_number":2,"box":{"x":51,"y":491,"width":241,"height":10}},{"id":"ee54b4e7-deab-499c-899a-8d5fec700ced","block_type":"box","text":"Carbon Footprint(t CO2e/$M EVIC):","page_number":2,"box":{"x":51,"y":509,"width":229,"height":9}},{"id":"ec2927f5-2717-4458-8514-b220518a79cd","block_type":"box","text":"Scope 1+2+3- MSCI:","page_number":2,"box":{"x":91,"y":527,"width":128,"height":9}},{"id":"f8ad7748-96b5-44f5-bf77-8d75763a86b6","block_type":"box","text":"Weighted average Scope 1, Scope 2 and","page_number":2,"box":{"x":222,"y":527,"width":236,"height":9}},{"id":"6480555a-453f-4a23-ba90-5d652d2b0c32","block_type":"box","text":"Scope 3 carbon emissions intensity normalized by enterprise","page_number":2,"box":{"x":91,"y":540,"width":362,"height":9}},{"id":"743cdf99-859e-4f43-8446-f46eab4239ee","block_type":"box","text":"value including cash.","page_number":2,"box":{"x":91,"y":553,"width":122,"height":9}},{"id":"35f85231-ad1c-46c8-989c-aa15c2127273","block_type":"box","text":"Total Carbon Emissions – MSCI:","page_number":2,"box":{"x":51,"y":570,"width":202,"height":7}},{"id":"306e731a-775e-4bda-90fd-432f5b0db152","block_type":"box","text":"Total Carbon Emissions measures","page_number":2,"box":{"x":256,"y":570,"width":203,"height":7}},{"id":"41b85a86-3024-44b8-88f8-dfc82fcc37e3","block_type":"box","text":"the absolute tons of CO2e EVIC for which an investor is responsible. It is","page_number":2,"box":{"x":50,"y":583,"width":426,"height":9}},{"id":"94f3af96-91d2-4216-9148-0d6e50e31556","block_type":"box","text":"apportioned to the investor based on an equity ownership perspective,","page_number":2,"box":{"x":51,"y":596,"width":418,"height":9}},{"id":"a9e61ffb-bf74-482c-b900-9b06c1205ac2","block_type":"box","text":"and can be explained with a simple example: If an investor’s position in a","page_number":2,"box":{"x":51,"y":609,"width":425,"height":9}},{"id":"e30c9bde-95a7-4d96-9a0b-2343ea0ffcef","block_type":"box","text":"company is equal to 1% of the company’s total market capitalization, then","page_number":2,"box":{"x":51,"y":622,"width":432,"height":8}},{"id":"cb07003e-cb4a-412b-b21b-51a5ae4a8745","block_type":"box","text":"the investor owns 1% of the company, and is consequently responsible","page_number":2,"box":{"x":50,"y":635,"width":415,"height":8}},{"id":"bc6be91c-00e3-4977-894d-c991371519b3","block_type":"box","text":"for 1% of the company’s carbon emissions (tons CO2e). Calculating the","page_number":2,"box":{"x":50,"y":647,"width":419,"height":9}},{"id":"3790de07-ecdc-480f-af07-23e276749609","block_type":"box","text":"“owned” emissions from each position in the portfolio and summing","page_number":2,"box":{"x":51,"y":660,"width":398,"height":9}},{"id":"8bcc2d32-6b22-46f2-a7de-20b7cace1ee4","block_type":"box","text":"those emissions yields the total carbon emissions for the portfolio level.","page_number":2,"box":{"x":50,"y":673,"width":422,"height":9}},{"id":"e11924cf-5aa2-42e2-b6b0-331122860ebf","block_type":"box","text":"Scope 1","page_number":2,"box":{"x":556,"y":95,"width":47,"height":8}},{"id":"cee99b23-8648-4e87-b047-f4566a475e05","block_type":"box","text":"emissions are “direct emissions” from sources that are","page_number":2,"box":{"x":607,"y":95,"width":322,"height":7}},{"id":"bc537104-6750-4fc5-8e55-a0699acebfcb","block_type":"box","text":"owned or controlled by the company.","page_number":2,"box":{"x":556,"y":108,"width":219,"height":8}},{"id":"f1fde265-ba7c-44c4-9e75-71d5c3d82fb3","block_type":"box","text":"Scope 2","page_number":2,"box":{"x":556,"y":125,"width":51,"height":9}},{"id":"97ea9ede-e2e4-4058-a68b-d66f207bcd45","block_type":"box","text":"emissions are the indirect emissions released into the","page_number":2,"box":{"x":610,"y":125,"width":317,"height":7}},{"id":"3c21b9bd-9d64-40cf-beb9-ae4c81f67bff","block_type":"box","text":"atmosphere from the use of purchased energy such as electricity,","page_number":2,"box":{"x":556,"y":138,"width":388,"height":9}},{"id":"931c72ef-a9ab-4f8c-96b2-725c7f1fcfb0","block_type":"box","text":"heat or steam. These are called “indirect emissions” because the","page_number":2,"box":{"x":556,"y":151,"width":383,"height":7}},{"id":"9aca6fda-f927-4969-af3a-db7f9f106b59","block_type":"box","text":"actual emissions are generated at another facility such as a power","page_number":2,"box":{"x":556,"y":164,"width":391,"height":8}},{"id":"b5baba70-604d-4797-9aad-4e58128c7abd","block_type":"box","text":"station.","page_number":2,"box":{"x":556,"y":176,"width":43,"height":7}},{"id":"ffb648bc-2158-459e-895a-69d1d704b985","block_type":"box","text":"Scope 3","page_number":2,"box":{"x":556,"y":194,"width":51,"height":9}},{"id":"1cd2b524-b48c-41df-b9d8-ede8cc982e23","block_type":"box","text":"emissions include all other indirect emissions that occur","page_number":2,"box":{"x":610,"y":194,"width":332,"height":7}},{"id":"bacd69b4-da93-44cc-b5a9-2d083bce606b","block_type":"box","text":"across the value chain and are outside of the organization’s direct","page_number":2,"box":{"x":556,"y":207,"width":386,"height":9}},{"id":"12d89da0-7dc7-4067-974e-4026f6566bb0","block_type":"box","text":"control.","page_number":2,"box":{"x":556,"y":220,"width":44,"height":7}},{"id":"7800aa08-8cca-4e4d-89bb-aa792b6e3f68","block_type":"box","text":"Weighted Average Carbon Intensity - MSCI: Scope 1+2+3","page_number":2,"box":{"x":515,"y":237,"width":362,"height":9}},{"id":"1eb30665-aeeb-46b8-87be-72617f0fbe02","block_type":"box","text":"-","page_number":2,"box":{"x":881,"y":241,"width":3,"height":1}},{"id":"b69e4627-fb99-44b2-a966-b9a3e18a804a","block_type":"box","text":"Calculating a portfolio’s Weighted Average Carbon Intensity is achieved","page_number":2,"box":{"x":516,"y":250,"width":422,"height":9}},{"id":"7cbec978-6d57-41a8-9a2f-bfeddaa33b13","block_type":"box","text":"by calculating the carbon intensity (Scope 1 + 2 + 3 Emissions / $M","page_number":2,"box":{"x":516,"y":262,"width":394,"height":10}},{"id":"1ab68c26-7fe8-4e5a-857e-ce2634c9853b","block_type":"box","text":"Sales) for each portfolio company and calculating the weighted average","page_number":2,"box":{"x":515,"y":275,"width":426,"height":9}},{"id":"8aad1411-d3eb-4262-ad02-8b46d57c1fd2","block_type":"box","text":"by portfolio weight.","page_number":2,"box":{"x":516,"y":288,"width":112,"height":9}},{"id":"d47e7c2c-7e9c-447d-b594-1dc16ea8caff","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":306,"width":428,"height":9}},{"id":"98787ecd-68ab-4f7c-b963-0ac9be517e77","block_type":"box","text":"Emissions, Carbon Footprint, and Weighted Average Carbon Intensity","page_number":2,"box":{"x":516,"y":319,"width":412,"height":9}},{"id":"a5323404-61de-4f71-af29-9761db08205e","block_type":"box","text":"may not equal the sum of the individual values.","page_number":2,"box":{"x":516,"y":332,"width":274,"height":8}},{"id":"9df4c31b-f579-4e32-8cf3-a203a7965564","block_type":"box","text":"This may occur for a","page_number":2,"box":{"x":796,"y":332,"width":122,"height":8}},{"id":"3a7f70a0-325d-47c5-b943-18b5eaab756b","block_type":"box","text":"few reasons.","page_number":2,"box":{"x":515,"y":345,"width":74,"height":7}},{"id":"783ecc8f-ea67-4d88-b034-b34804eff248","block_type":"box","text":"Each metric is a distinct data element provided by the","page_number":2,"box":{"x":596,"y":345,"width":318,"height":8}},{"id":"2a942ddf-59d7-4e39-91c3-3515e75057fe","block_type":"box","text":"vendor.","page_number":2,"box":{"x":515,"y":357,"width":44,"height":7}},{"id":"d3cf28c4-d839-4e78-9037-ec5912da46ab","block_type":"box","text":"Data treatments for replacing null data with sub-industry","page_number":2,"box":{"x":568,"y":357,"width":335,"height":9}},{"id":"abf65806-d96a-40df-ad3c-c7d42bd2b1bb","block_type":"box","text":"median data could cause differences in aggregated results.","page_number":2,"box":{"x":516,"y":370,"width":349,"height":9}},{"id":"a38c39f2-6b34-462a-a864-8a8e3ac8d78e","block_type":"box","text":"Data is","page_number":2,"box":{"x":872,"y":370,"width":40,"height":7}},{"id":"e68a1513-1f0e-4a42-8560-38befdc0474f","block_type":"box","text":"reported based on the most recent common fiscal year end, which may","page_number":2,"box":{"x":516,"y":383,"width":422,"height":9}},{"id":"795d33ae-ce2e-498a-a570-310b1f0d6cdc","block_type":"box","text":"vary for aggregated fields and is more likely with scope 3.","page_number":2,"box":{"x":515,"y":396,"width":337,"height":9}},{"id":"0dfb4b13-b10d-41bf-a79d-c7cb80d49a0c","block_type":"box","text":"Implied Temperature Rise (°C) – MSCI:","page_number":2,"box":{"x":516,"y":413,"width":244,"height":9}},{"id":"a48d9d8e-b8e7-40b5-9a14-4b7bbbbabb68","block_type":"box","text":"The climate scenario","page_number":2,"box":{"x":763,"y":414,"width":125,"height":6}},{"id":"65af21a5-0364-4005-a434-3c94d87f8391","block_type":"box","text":"alignment uses MSCI’s Implied Temperature Rise (ITR) model, Which","page_number":2,"box":{"x":516,"y":426,"width":405,"height":9}},{"id":"839d09f0-b8a7-4de4-8c61-80913a382fda","block_type":"box","text":"is a forward-looking temperature alignment metric for companies and","page_number":2,"box":{"x":516,"y":439,"width":412,"height":9}},{"id":"e10d67e1-7b07-4949-9d13-b770ac144953","block_type":"box","text":"portfolios. Specifically, the MSCI ITR methodology evaluates whether a","page_number":2,"box":{"x":516,"y":452,"width":419,"height":9}},{"id":"ec7cfea8-a794-4d58-bc79-4baf4aec0431","block_type":"box","text":"company or portfolio are aligned with the Paris Agreement temperature","page_number":2,"box":{"x":516,"y":465,"width":424,"height":9}},{"id":"91c96f4b-3347-436f-85c2-7e99aa6bdaaf","block_type":"box","text":"goals – in particular, the maximal goal of limiting global mean surface","page_number":2,"box":{"x":515,"y":478,"width":406,"height":8}},{"id":"dbaf4776-5861-4c71-993a-70b25eaaa963","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":490,"width":388,"height":9}},{"id":"b7e3079c-d9ba-4f79-a5e6-f5db08dc2486","block_type":"box","text":"compared with preindustrial levels. For example, an ITR of 2.5°C assigned","page_number":2,"box":{"x":516,"y":503,"width":433,"height":9}},{"id":"06a36b81-368a-4998-bd61-03b6d239ba93","block_type":"box","text":"to a given portfolio would indicate that the portfolio is exceeding its fair","page_number":2,"box":{"x":515,"y":516,"width":418,"height":9}},{"id":"2a32ff32-6bdd-4178-be01-e0adb000cf34","block_type":"box","text":"share of the global carbon budget, and that if everyone exceeded their","page_number":2,"box":{"x":515,"y":529,"width":417,"height":9}},{"id":"7d6733a4-2879-4147-b760-a0dac57c231b","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":542,"width":412,"height":8}},{"id":"f04c7d01-5650-47f1-816f-20727dea0c7b","block_type":"box","text":"with >2.5°C of warming compared to pre-industrial levels. Please note","page_number":2,"box":{"x":515,"y":555,"width":411,"height":8}},{"id":"c61ecc4b-2cdf-4bc9-a282-beec2dd4f7ec","block_type":"box","text":"there is significant uncertainty related to this temperature estimate, and","page_number":2,"box":{"x":515,"y":567,"width":425,"height":9}},{"id":"2546edb5-c4c7-4ca4-9be7-d1da80cdf12f","block_type":"box","text":"outputs differ amongst different data vendors as methodologies continue","page_number":2,"box":{"x":516,"y":580,"width":433,"height":9}},{"id":"c9103d83-af7b-4ba3-91b3-cbac277fd7c2","block_type":"box","text":"to evolve and mature. Portfolio level.","page_number":2,"box":{"x":515,"y":593,"width":214,"height":7}},{"id":"bd3ed51c-d169-40b2-b2dd-819af8281e26","block_type":"box","text":"Climate Value at Risk- MSCI:","page_number":2,"box":{"x":515,"y":611,"width":181,"height":7}},{"id":"89b32dbc-bde0-46df-8b6e-1176c7665329","block_type":"box","text":"(Climate VaR)","page_number":2,"box":{"x":700,"y":610,"width":88,"height":8}},{"id":"37428c56-4a53-4fd2-b49c-7b2d9c009dd0","block_type":"box","text":"is a measure to estimate","page_number":2,"box":{"x":792,"y":611,"width":144,"height":7}},{"id":"112cb176-1f71-4aeb-b793-2937b5ab9f06","block_type":"box","text":"the potential financial losses that a company or portfolio of assets could","page_number":2,"box":{"x":515,"y":623,"width":426,"height":9}},{"id":"0383dfcb-4e69-4f3e-b204-a03eeac97172","block_type":"box","text":"incur as a result of climate change. For additional details Climate Value at","page_number":2,"box":{"x":516,"y":636,"width":431,"height":9}},{"id":"9be8fa6a-22e7-41a8-9e90-bc3f88a71243","block_type":"box","text":"Risk metrics included on this report","page_number":2,"box":{"x":516,"y":649,"width":210,"height":9}},{"id":"3972f42c-81c5-473e-9b4e-87b8933c1fad","block_type":"box","text":"click","page_number":2,"box":{"x":729,"y":649,"width":28,"height":7}},{"id":"1b1e2743-8757-4761-a6ea-659b662b1c19","block_type":"box","text":"here","page_number":2,"box":{"x":760,"y":649,"width":26,"height":7}},{"id":"179ded7b-6563-49b9-9dc3-f07ca371915c","block_type":"box","text":".","page_number":2,"box":{"x":787,"y":655,"width":2,"height":1}},{"id":"bff57173-e14a-4575-b0e7-2c32c1c1b6be","block_type":"box","text":"Report ID: 5648887.1","page_number":2,"box":{"x":362,"y":968,"width":116,"height":9}},{"id":"b68d9335-dc6b-4aa1-8d67-17a62c6cad57","block_type":"box","text":"Published: 13 Oct 2026","page_number":2,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"3895030c-24e5-46f9-b50d-4b851e6db335","block_type":"box","text":"P","page_number":2,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"67eeb2e0-c537-4e76-8949-7d14f516b157","block_type":"box","text":"a","page_number":2,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"d57a28d5-3014-459d-b658-104eb75441cd","block_type":"box","text":"g","page_number":2,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"6695ab94-4d89-45ce-8bf4-41e063563e17","block_type":"box","text":"e","page_number":2,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"6980bd66-5ffc-4fe1-ad45-41ed9dd5c9f4","block_type":"box","text":"2","page_number":2,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"69ecf7c3-ded2-48ab-a882-5377e54b5738","block_type":"box","text":"of","page_number":2,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"a0edcbe6-4ce1-45af-ac29-b2f3ed4328e8","block_type":"box","text":"4","page_number":2,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"efd4f921-701e-4880-b036-40a1e709b162","block_type":"box","text":"Disclosures","page_number":3,"box":{"x":52,"y":58,"width":166,"height":15}},{"id":"84e39d8d-bc0e-4226-998e-7b507b5268f5","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":"04e55834-f6a5-4ac0-b57c-1f05a84b9f3b","block_type":"box","text":"Management. Please","page_number":3,"box":{"x":51,"y":105,"width":132,"height":9}},{"id":"6cda413e-dc52-4bd8-93f5-5837050e4191","block_type":"box","text":"click here","page_number":3,"box":{"x":187,"y":105,"width":63,"height":7}},{"id":"752ecbf6-2090-4f3b-bac1-3ac2e1a1348e","block_type":"box","text":"for more information.","page_number":3,"box":{"x":253,"y":105,"width":135,"height":7}},{"id":"73c39001-e5a9-4659-8975-730de7321ee2","block_type":"box","text":"Marketing Communication","page_number":3,"box":{"x":51,"y":122,"width":170,"height":9}},{"id":"ed40df77-1e23-492c-90d9-2d5d3cd44ce0","block_type":"box","text":"For institutional / professional investors use only.","page_number":3,"box":{"x":51,"y":140,"width":310,"height":9}},{"id":"9cc4fd1a-93fa-470d-9d72-7aae66f537a2","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":"523f73dc-3262-45c6-bd55-3a19e3f0f00d","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":"acb8aae1-858e-4115-b509-c4725db7039b","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":"810d2b6f-6fa0-4e5c-997a-86a6f1ff868a","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":"e573bc03-bc4b-4d0f-bed3-ff658cb325a5","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":"1b8c3bf0-56d1-4818-a40a-e8350c611807","block_type":"box","text":"making.","page_number":3,"box":{"x":51,"y":222,"width":46,"height":8}},{"id":"035d517d-cd5a-4b4f-8b47-55383996bab3","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":"11745ca6-bec8-4824-b550-a07327ce1367","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":"e0c155bf-b115-419d-ab4e-48b0fe138c99","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":"fd4734de-5d9b-4527-b9d3-ded50e79ed9e","block_type":"box","text":"SSGA’s express written consent.","page_number":3,"box":{"x":51,"y":283,"width":192,"height":8}},{"id":"6259af85-f626-4e8e-86d2-544fd586cecc","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":"5c8a83d4-35d7-4046-a750-fb91eff0c947","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":"a19a820c-e70e-41ad-aef3-12c7c244382c","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":"a9ff8639-81e1-42fa-beaa-f97e6a7f72a4","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":"001d41af-fb4a-4fa0-882f-d4419ce5c514","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":"50cf7b41-efb0-4fef-bbfd-ef25269496c6","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":"2a44177e-13bf-441a-a63f-176e52bd3771","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":"c6f905b4-68e5-4d7a-9c62-a718b0820c1f","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":"0af378c0-4fb5-45f4-9897-80b5574c45f5","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":"2b7d9052-efab-4b94-a71e-e0322ae5b68e","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":"699d6c8a-e323-420f-b81a-62f35ab26e90","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":"47fac630-30f9-44d6-a169-71aef89cf47e","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":"55054e30-1004-46d1-b54c-c6a360b50442","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":"675e34ac-48ad-4dfd-b133-0e413e48f4be","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":"4ac38d26-af1b-43c9-8090-90d884eb79cd","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":"5814a445-eea2-48ae-9f33-679fe97f568f","block_type":"box","text":"‘Marketing Communication’ in accordance with the applicable","page_number":3,"box":{"x":51,"y":502,"width":394,"height":9}},{"id":"075d57e9-12f8-4989-aa64-1799933f4e5f","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":"bf41b71c-409c-4476-aba2-3f8f8c559719","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":"dc703e50-6149-42a1-9d09-ac6b51cc3c1c","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":"dd8246d7-35ca-4c59-8a19-6972baf81ed3","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":"bbf2f639-f3c4-4792-91b3-54db30d281d4","block_type":"box","text":"dissemination of investment research.","page_number":3,"box":{"x":51,"y":566,"width":243,"height":7}},{"id":"efdbe660-c2e7-4f75-960e-47ee8eeb1984","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":"df1c13f2-f125-4439-9be5-df50863d275b","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":"f72f8630-7a8b-4ebb-8723-48500293fa70","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":"41af10d8-d00d-452e-abe2-13ddb1b39202","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":"e06cb8d6-453a-431e-969b-f3149247ce6a","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":"7c25656b-0d51-42ff-8e24-6069ef795cf3","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":"4392c9ef-33a3-4ceb-a95b-1544f38f2013","block_type":"box","text":"communication.","page_number":3,"box":{"x":51,"y":661,"width":95,"height":7}},{"id":"5e385aad-0400-4cbe-95ea-b8872fa310ca","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":"90ef8933-3fcb-483e-aa94-1c8f5e15d0d9","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":"4ef2cb4c-a463-4e80-8895-1829fb9c8fe6","block_type":"box","text":"and economic conditions.","page_number":3,"box":{"x":51,"y":704,"width":152,"height":7}},{"id":"4d0a5c65-c1d3-4c04-a4bf-bc53fb40b445","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":"582c1a7d-d1e8-4a94-87f4-8e6737682c3b","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":"1a0db653-72f1-4bf8-82a4-e47676733089","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":"12cb7dc3-bee4-40c7-8808-f1763c27d77e","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":"15417b4a-7bdb-4127-b1b7-0e6f27376d25","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":"7b4031af-96d2-48a5-94c4-04d12f836696","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":"fd2ccb5a-0bcd-412d-bd40-c671d1633f1c","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":"c9302f2c-44eb-485f-bf33-09b94191404d","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":"7062bb64-9785-4759-8cf9-46ecde07bf36","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":"d950f286-4a45-4796-9d7a-7c2ab4223919","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":"989f3ec1-d9e4-423e-874b-95824fe98587","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":"1c4f4f4f-1926-47f4-afe9-0291c01c9894","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":"033d3168-efc2-4837-9fd4-cc42f721a1dd","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":"384c238d-378e-4ba5-a242-8dfdf9ae37ef","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":"2b6f276c-c941-4dae-9d76-cc6b78f42ef3","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":"66f3eb7c-3e54-47b6-a1bc-5fecf9dc1273","block_type":"box","text":"these indices.","page_number":3,"box":{"x":50,"y":919,"width":82,"height":7}},{"id":"4016b944-02f8-45a9-afc2-087916b57d11","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":"f930b32b-49ea-4b0c-8d0a-986e016a9771","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":"d88cdc24-144c-4de7-bc5e-b6d3d42ce614","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":"9c2a4283-fb79-4c74-8b1c-4a8c3dba04bb","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":"01a48ae9-cc13-40ac-9fd3-a387106ec158","block_type":"box","text":"www.ssga.com","page_number":3,"box":{"x":825,"y":132,"width":97,"height":7}},{"id":"847f7b68-957e-446e-a423-d9b80e5ec31f","block_type":"box","text":". A","page_number":3,"box":{"x":923,"y":131,"width":16,"height":6}},{"id":"3914beee-84fd-4578-abfb-75529ef6a06c","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":"23f38a5d-c162-4657-b34b-82d3fc91028c","block_type":"box","text":"https://www.ssga.","page_number":3,"box":{"x":811,"y":143,"width":116,"height":9}},{"id":"d5dd137b-4076-4da0-8543-bef9b5bb2030","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":"6c6619fb-756a-490f-9b0e-765fb38855cd","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":"0f90122a-62dc-400f-b4d2-c33eca30355e","block_type":"box","text":"x.pdf","page_number":3,"box":{"x":906,"y":169,"width":35,"height":9}},{"id":"f11e34a8-67eb-4d8e-a812-3a061b601ef3","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":"49979a57-fcd2-49bb-ad96-d6fddc8598ff","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":"cf522cb9-909e-4e66-b062-dcfea908ae7d","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":"ec63f0e5-4565-4c0b-95cc-5ae2568ffd82","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":"8ca1ecaa-f9d9-4054-be3b-86e135f90f13","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":"e51851f9-dae4-45ea-86b9-ea02c12f7f0c","block_type":"box","text":"the fund’s overall investment objective and risk profile. Investors are","page_number":3,"box":{"x":515,"y":255,"width":401,"height":9}},{"id":"d57f0b88-aae8-4449-a14f-adbcbbcf3a93","block_type":"box","text":"encouraged to review the fund’s prospectus [https://www.ssga.com/","page_number":3,"box":{"x":516,"y":268,"width":402,"height":9}},{"id":"9d1462ec-7535-49ef-9aa5-b8acbbc2e0e1","block_type":"box","text":"fund-finder?tab=documents] and KIID for more information regarding","page_number":3,"box":{"x":515,"y":281,"width":416,"height":9}},{"id":"dfd79ce6-eb4d-4c45-a778-40f66a7a916f","block_type":"box","text":"the fund and where applicable, the fund’s SFDR category.","page_number":3,"box":{"x":515,"y":294,"width":338,"height":9}},{"id":"b1a4bbd7-3e1f-4f7c-8125-6110689f7e1a","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":"2efd3278-7114-4ed9-8275-1dceb9194dd7","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":"ae25bfbb-f035-480b-beca-b1dbb7241849","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":"9380376f-c01d-49d8-80b6-815fe0000a21","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":"d5c67d84-e10b-44af-96d1-29297874a75a","block_type":"box","text":"sustainability metrics or indicators.","page_number":3,"box":{"x":515,"y":363,"width":207,"height":8}},{"id":"7bf301a6-af74-49c6-9a55-154e3fa043c6","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":"fcf9c13f-3887-4607-b62c-0b3074a84edb","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":"cc73ad2e-84d6-4139-a47c-d5db35806987","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":"00585df6-8006-49eb-a922-145a268c8bdd","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":"71742863-5e04-4213-8a6f-0579f6536224","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":"37de6b9c-2394-4995-bc1b-4a63468090cc","block_type":"box","text":"completeness of this information.","page_number":3,"box":{"x":516,"y":445,"width":197,"height":8}},{"id":"29b884ef-d6fe-4010-bf5f-0693a27f33ae","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":"93eca159-cd05-41be-b8a5-6623ac4cbc13","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":"c981b0ba-2493-4d40-9003-647a5f9c1788","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":"2107aa05-74d0-4b31-b8b9-1486d7b060a1","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":"58e05240-ab0b-468d-92bb-477cdaf448bc","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":"0b78307f-2ab9-4b7f-a0ba-9b85852cfdf3","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":"521aca6b-0dda-49d9-88bf-15b6fdc55bb9","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":"4f851241-e855-4ebe-b60c-4f688fc2b439","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":"926ee831-bfa4-45bd-bb3c-2244aa1f78b3","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":"f0ec56a5-ec0d-4cd9-b403-262fa6c73b8b","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":"ff30f73f-1abc-444c-8ec6-9b08303c9bba","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":"a39c45d4-2fda-47d1-aa3b-e5c3b621c283","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":"ba38400f-82ba-4d2c-bf1d-e8887b5cb8e2","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":"8f612f62-e475-4159-bcfa-6dbfd83a4701","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":"75c84bef-75a3-481a-a686-7b9f1d0b2e8b","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":"637958e8-fc04-4f25-87c1-24e400dea261","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":"f38fa636-529d-4ecb-8d4c-b5ccea305a86","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":"bfce81d4-ee70-40a6-9801-6aa6ae8fc45f","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":"b858bc14-a6c0-480a-b8d7-bac796453422","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":"169fd634-e487-4009-9343-a9fa28c4319d","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":"c572e69c-06bc-407f-9653-313876bf3fcc","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":"930b0678-fa5d-486d-9229-f7fb1b49807b","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":"dfe10ba0-ea0d-4d33-a8fc-0c2afa8b0f14","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":"00b59f1a-7e2e-4575-809f-5904b2f2c3fb","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":"6915ca47-418c-432c-93b8-28877d098137","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":"ff9d46fe-d021-46f3-b14e-d74eec8aba4e","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":"7afeea31-e622-48f8-a997-455457e0f2a0","block_type":"box","text":"such damages.","page_number":3,"box":{"x":515,"y":800,"width":89,"height":9}},{"id":"06d072aa-f93a-4b50-82d6-da3c0e2abfb0","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":"facc900c-94a8-4442-bba4-e377dfad3fdc","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":"8a87e7ca-5bfb-4c94-aecc-25bcb3b326c3","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":"d7e64e1c-34c9-4d14-a578-25500159f58b","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":"c76327d6-dd84-4d24-9fe0-c962d55805c6","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":"67d2f61f-9d91-4f29-b193-79e1456f2296","block_type":"box","text":"For AIFMD Funds where applicable:","page_number":3,"box":{"x":516,"y":887,"width":224,"height":8}},{"id":"e16cd1b2-a725-43ae-b6cb-2f1ae1ddaf7d","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":"39d242d9-ff38-4149-9d0c-7d7cdd04832e","block_type":"box","text":"Switzerland, Netherlands, Sweden and United Kingdom. Not for","page_number":3,"box":{"x":515,"y":917,"width":404,"height":9}},{"id":"20abc102-53b8-4161-9c24-f8736627cdc0","block_type":"box","text":"public distribution.","page_number":3,"box":{"x":516,"y":930,"width":119,"height":9}},{"id":"370c1bfe-b04c-452b-a703-2f21011ea068","block_type":"box","text":"Report ID: 5648887.1","page_number":3,"box":{"x":362,"y":968,"width":116,"height":9}},{"id":"f4899781-93aa-4ee2-a69c-ff4ca982d063","block_type":"box","text":"Published: 13 Oct 2026","page_number":3,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"e3e5cfb2-7f6b-4560-9b8e-48ee16df6f4a","block_type":"box","text":"P","page_number":3,"box":{"x":899,"y":968,"width":5,"height":6}},{"id":"529dba8e-c7d7-486b-9b78-a3c80ecb3f2c","block_type":"box","text":"a","page_number":3,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"9575a23d-6457-41c4-94ca-430bb04b5d70","block_type":"box","text":"g","page_number":3,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"ec3409d5-026a-441d-8a5b-20d200100751","block_type":"box","text":"e","page_number":3,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"535cfa17-5b6a-407b-a2b9-3cc3ed09f72c","block_type":"box","text":"3","page_number":3,"box":{"x":924,"y":968,"width":5,"height":6}},{"id":"2fcc2911-6737-4b7f-a197-bb590c75651c","block_type":"box","text":"of","page_number":3,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"1e341046-3e1d-4af5-974c-7c3235f9cc76","block_type":"box","text":"4","page_number":3,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"0fc6a000-311e-4bfc-94a2-a7fdff75ac33","block_type":"box","text":"In the UK, this document has been issued by State Street Global Advisors","page_number":4,"box":{"x":51,"y":36,"width":433,"height":8}},{"id":"18937b03-9d5a-40fb-8c0b-e392c19652b7","block_type":"box","text":"Limited (“SSGAL”). Authorized and regulated by the Financial Conduct","page_number":4,"box":{"x":51,"y":48,"width":418,"height":9}},{"id":"23806343-02e2-432a-8616-d48b1c793123","block_type":"box","text":"Authority, Registered No.2509928. VAT No. 5776591 81. Registered","page_number":4,"box":{"x":50,"y":61,"width":398,"height":9}},{"id":"a40ec63a-0f6d-4271-88de-3bcc2823d170","block_type":"box","text":"office: 20 Churchill Place, Canary Wharf, London, E14 5HJ. Telephone:","page_number":4,"box":{"x":50,"y":74,"width":413,"height":9}},{"id":"68765e5f-a3e2-4ca5-a6c8-eec33a9e1f55","block_type":"box","text":"020 3395 6000. Facsimile: 020 3395 6350 Web:","page_number":4,"box":{"x":50,"y":87,"width":292,"height":7}},{"id":"d8e50365-c34f-45e4-96c2-822e42f35709","block_type":"box","text":"www.ssga","page_number":4,"box":{"x":346,"y":89,"width":58,"height":7}},{"id":"347f39bd-b022-444c-9ce8-08ff65a892db","block_type":"box","text":".com","page_number":4,"box":{"x":405,"y":89,"width":28,"height":5}},{"id":"66596511-5672-4521-b3ee-338a70119dbb","block_type":"box","text":".","page_number":4,"box":{"x":434,"y":93,"width":2,"height":1}},{"id":"c870c0d6-42bb-45e1-9b74-70dc3aa65ea1","block_type":"box","text":"NOTICE TO PERSONS IN THE EUROPEAN ECONOMIC AREA","page_number":4,"box":{"x":51,"y":104,"width":387,"height":7}},{"id":"d1f3d39c-f1c9-4fbd-8675-9bdd5c4949e0","block_type":"box","text":"(“EEA”)","page_number":4,"box":{"x":51,"y":117,"width":47,"height":8}},{"id":"a7cd68b7-9cb0-4ea7-9262-3fab81a76ecd","block_type":"box","text":"The fund is permitted to market into the relevant EEA jurisdiction","page_number":4,"box":{"x":50,"y":135,"width":385,"height":9}},{"id":"8adadf2a-b98f-43ca-988e-1c6245d7de26","block_type":"box","text":"pursuant to either Article 42 of AIFMD (if and as implemented under","page_number":4,"box":{"x":51,"y":148,"width":403,"height":8}},{"id":"58fde327-ffc0-4bc2-831a-2bf2da02f578","block_type":"box","text":"national laws of such member state); or (ii) can otherwise be lawfully","page_number":4,"box":{"x":51,"y":160,"width":401,"height":9}},{"id":"4eece4e7-efd7-4440-85d6-53b9170b8efd","block_type":"box","text":"offered or sold (including on the basis of an unsolicited request from a","page_number":4,"box":{"x":50,"y":173,"width":412,"height":9}},{"id":"25b89da4-8bd1-42a5-a286-4fbcc62bb080","block_type":"box","text":"professional client/qualified investor).","page_number":4,"box":{"x":51,"y":186,"width":221,"height":9}},{"id":"7b4b1bae-eb11-4a8d-a841-87d8f1414700","block_type":"box","text":"The Fund is an alternative investment fund for the purpose of the","page_number":4,"box":{"x":50,"y":204,"width":413,"height":8}},{"id":"4a0de925-9f37-4e57-8ae6-c90af9c22962","block_type":"box","text":"European Union Alternative Investment Fund Managers Directive","page_number":4,"box":{"x":51,"y":217,"width":415,"height":8}},{"id":"f4bf0f03-417c-4891-be6c-b136b7659c77","block_type":"box","text":"(Directive 2011/61/ EU) (the “AIFMD”). It is not a regulated collective","page_number":4,"box":{"x":51,"y":229,"width":427,"height":9}},{"id":"35c391f4-d1a0-4403-b10a-b5912c1b1ef8","block_type":"box","text":"investment scheme for purposes of the Financial Services and","page_number":4,"box":{"x":51,"y":242,"width":394,"height":9}},{"id":"16fe5e26-4faa-4554-8895-3f8bbee535e2","block_type":"box","text":"Markets Act 2000 of the United Kingdom (“FSMA”). The promotion","page_number":4,"box":{"x":51,"y":255,"width":426,"height":9}},{"id":"26636861-45fb-4f33-895c-4beb2dfe8fd8","block_type":"box","text":"of the fund and the distribution of this material in the UK is","page_number":4,"box":{"x":50,"y":268,"width":369,"height":7}},{"id":"583872d6-0bfd-4bd0-a9d8-f4d1b913527f","block_type":"box","text":"restricted by law to Professional Investors Only. The information","page_number":4,"box":{"x":51,"y":281,"width":408,"height":8}},{"id":"1f8c44f4-e132-42fe-8c47-3bd3c7521de4","block_type":"box","text":"provided does not constitute tax advice, investors should consult","page_number":4,"box":{"x":51,"y":294,"width":413,"height":8}},{"id":"d2225d33-d1fa-477e-8602-dc90832a6f8c","block_type":"box","text":"their tax advisors with respect to their particular tax situations and","page_number":4,"box":{"x":50,"y":307,"width":426,"height":8}},{"id":"96627bbe-e9ee-4bbf-be95-042e6433f6a2","block_type":"box","text":"the tax effects of an investment in the Fund.","page_number":4,"box":{"x":50,"y":319,"width":277,"height":7}},{"id":"afcc407f-e071-4ff5-a7b6-2ccd4204b3e2","block_type":"box","text":"The fund is an alternative investment fund for the purpose of","page_number":4,"box":{"x":50,"y":337,"width":388,"height":8}},{"id":"da0a888d-67e2-43d1-b9f3-4f1512c6ece5","block_type":"box","text":"the European Union Alternative Investment Fund Managers","page_number":4,"box":{"x":50,"y":350,"width":378,"height":8}},{"id":"98e1d230-8be9-41a5-a803-1543a1218847","block_type":"box","text":"Directive(Directive 2011/61/ EU) (“AIFMD”). SSGA Funds","page_number":4,"box":{"x":51,"y":362,"width":356,"height":8}},{"id":"073a8a85-3047-42ee-a52d-e4237e5a1e3d","block_type":"box","text":"Management, Inc. or State Street Global Advisors Trust Company is","page_number":4,"box":{"x":515,"y":36,"width":431,"height":8}},{"id":"6ea9c84d-cf4d-46fe-8981-50ac533fb43e","block_type":"box","text":"the alternative investment fund manager (“AIFM”) of the fund and is","page_number":4,"box":{"x":515,"y":48,"width":431,"height":9}},{"id":"381dc76f-8bda-4c0f-9ad2-95406d9d5fb0","block_type":"box","text":"an affiliate of State Street Global Advisors Limited.","page_number":4,"box":{"x":515,"y":61,"width":323,"height":7}},{"id":"6543eaa7-b6fb-4d3d-bfa3-250086dfcd64","block_type":"box","text":"For Switzerland Qualified Investor: The distribution of interests of U.S.","page_number":4,"box":{"x":516,"y":79,"width":408,"height":7}},{"id":"1e9cc981-191c-46b7-aa18-d6a3767cc099","block_type":"box","text":"SPDR ETFs in Switzerland will be exclusively made to, and directed at,","page_number":4,"box":{"x":515,"y":92,"width":413,"height":8}},{"id":"bfc06e13-9ef3-4b16-ad90-df1e84a1a5fa","block_type":"box","text":"qualified investors according to Article 10(3) and (3ter) of the Swiss","page_number":4,"box":{"x":515,"y":104,"width":397,"height":9}},{"id":"21172453-5ae7-4310-8c2b-d2c316a78671","block_type":"box","text":"Collective Investment Schemes Act (“CISA”) and its implementing","page_number":4,"box":{"x":515,"y":117,"width":391,"height":9}},{"id":"6a550a44-851b-4796-ba4f-56d03b5d15f8","block_type":"box","text":"ordinance. The legal documents of U.S. SPDR ETFs can be obtained free","page_number":4,"box":{"x":515,"y":130,"width":428,"height":9}},{"id":"a78b30bd-005d-45c1-ac00-320f4a33bafa","block_type":"box","text":"of charge from the representative in Switzerland. Swiss Representative","page_number":4,"box":{"x":515,"y":143,"width":420,"height":9}},{"id":"34b85ae6-8a51-4918-bb22-f8b1412a0ecf","block_type":"box","text":"& Swiss Paying Agent: State Street Bank International GmbH","page_number":4,"box":{"x":515,"y":156,"width":360,"height":9}},{"id":"83b7d5c9-bf9c-40ba-8d84-d7d474c88178","block_type":"box","text":"Kalanderplatz 5, 8045 Zürich, Switzerland Tel: +41 44 560 500.","page_number":4,"box":{"x":516,"y":169,"width":374,"height":8}},{"id":"672dfa2f-1c09-4fe8-8f8d-9eff1c16ac3d","block_type":"box","text":"SSGA Funds Management, Inc. serves as the investment advisor to the","page_number":4,"box":{"x":515,"y":186,"width":419,"height":9}},{"id":"1575bcd6-0a69-4b2d-b684-0ff1196e5f4b","block_type":"box","text":"SPDR ETFs that are registered with the United States Securities and","page_number":4,"box":{"x":515,"y":199,"width":404,"height":9}},{"id":"59e3e723-8763-4084-945c-9c2ebee906fb","block_type":"box","text":"Exchange Commission under the Investment Company Act of 1940.","page_number":4,"box":{"x":516,"y":212,"width":401,"height":9}},{"id":"d09a31b8-56d0-4a2f-8951-cd2ecdd87369","block_type":"box","text":"SSGA Funds Management, Inc. is an affiliate of State Street Global","page_number":4,"box":{"x":515,"y":225,"width":392,"height":8}},{"id":"82b80624-0fae-4258-b39d-ad693e4b1301","block_type":"box","text":"Advisors Limited.","page_number":4,"box":{"x":515,"y":238,"width":103,"height":6}},{"id":"c97c5ae0-8b21-412a-8304-6b62ff96e932","block_type":"box","text":"Before investing, consider the funds’ investment objectives, risks,","page_number":4,"box":{"x":515,"y":255,"width":417,"height":9}},{"id":"6d12f451-0f84-4f8c-a69b-a1635cd62f70","block_type":"box","text":"charges and expenses. To obtain a prospectus which contains","page_number":4,"box":{"x":515,"y":268,"width":393,"height":9}},{"id":"02946245-d4cf-40c5-ac06-793717ff1c6b","block_type":"box","text":"this and other information, visit ssga.com or talk to your financial","page_number":4,"box":{"x":515,"y":281,"width":411,"height":8}},{"id":"457742dd-1c39-4672-bb13-26b92b21ceec","block_type":"box","text":"advisor. Read it carefully before investing.","page_number":4,"box":{"x":515,"y":294,"width":266,"height":8}},{"id":"fb5808f9-dd4c-459e-8ec1-0fac32c3243f","block_type":"box","text":"© 2026 State Street Corporation - All Rights Reserved.","page_number":4,"box":{"x":515,"y":319,"width":326,"height":9}},{"id":"43d72a87-20ff-41ae-a33c-214160651f95","block_type":"box","text":"Tracking Code : 8886773.1.1.EMEA.INST","page_number":4,"box":{"x":515,"y":332,"width":236,"height":9}},{"id":"af913c9f-b613-43b6-bb17-ec9e045f28d2","block_type":"box","text":"Expiration Date : 04.30.2027","page_number":4,"box":{"x":516,"y":345,"width":169,"height":9}},{"id":"d3ece218-6754-44ec-9a2c-9bac93893fd7","block_type":"box","text":"State Street Global Advisors Worldwide Ent","page_number":4,"box":{"x":515,"y":358,"width":259,"height":7}},{"id":"78c1f1ee-3b82-47ad-b0ee-cb52ab901605","block_type":"box","text":"ities","page_number":4,"box":{"x":775,"y":358,"width":23,"height":7}},{"id":"f2b72be9-f3cc-4bdd-9d7f-4d3a411362b6","block_type":"box","text":"Report ID: 5648887.1","page_number":4,"box":{"x":362,"y":968,"width":116,"height":9}},{"id":"8b0cf8e5-c319-43c1-ba3f-93dfe3b3274a","block_type":"box","text":"Published: 13 Oct 2026","page_number":4,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"b30e1ba9-2c91-4fc4-8fa0-7f4c42be4681","block_type":"box","text":"P","page_number":4,"box":{"x":898,"y":968,"width":6,"height":6}},{"id":"cb9ca224-43f6-43ea-a5da-900bd51fc4a7","block_type":"box","text":"a","page_number":4,"box":{"x":904,"y":970,"width":6,"height":4}},{"id":"9d5d6025-8ddd-4bce-b627-3377c61d5715","block_type":"box","text":"g","page_number":4,"box":{"x":910,"y":970,"width":5,"height":5}},{"id":"aa753a4f-b8cd-4cda-9892-0fea20875ff7","block_type":"box","text":"e","page_number":4,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"9d70023d-25a9-4294-9007-01e7c1caff93","block_type":"box","text":"4","page_number":4,"box":{"x":923,"y":968,"width":7,"height":6}},{"id":"8462c8d4-7341-40ee-85f6-f91663684bac","block_type":"box","text":"of","page_number":4,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"1dd7251e-f7b0-41c4-aa9f-b8fe6674be92","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":"df736717-cac4-46f3-91e5-68075cb9a068"},"user_id":1000002,"date_created":"2026-10-17T01:04:21.571000Z","date_modified":"2026-10-17T01:04:21.571000Z","private":false}