{"annotation_id":"de401e20-6a7b-48a0-9666-6fd930d9af03","file_hash":"9172c74c5054b790d692198b8feb1c94f3cd85143293519d56136e5bc507b117","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"8fb7863d-df4c-4003-9b2e-f63938d4b4af","block_type":"box","text":"State Street Emerging Markets","page_number":1,"box":{"x":51,"y":71,"width":536,"height":23}},{"id":"5014f590-074f-4782-b8b0-e511187b03ff","block_type":"box","text":"Screened Enhanced Equity Fund - I","page_number":1,"box":{"x":51,"y":105,"width":594,"height":23}},{"id":"d2d40b11-2d0c-4f16-ab7d-c4d38eccd35d","block_type":"box","text":"Asset Class","page_number":1,"box":{"x":754,"y":46,"width":58,"height":6}},{"id":"f96b2097-3cef-4457-84d5-f75cf97efe22","block_type":"box","text":"Equity","page_number":1,"box":{"x":754,"y":62,"width":34,"height":7}},{"id":"7abc88a8-ccec-4a50-9609-9653d5efddec","block_type":"box","text":"Fund Identifier","page_number":1,"box":{"x":754,"y":92,"width":72,"height":6}},{"id":"4b7a39b6-cdf3-4e28-9934-40022c6a63e0","block_type":"box","text":"LU0446997610","page_number":1,"box":{"x":754,"y":107,"width":83,"height":6}},{"id":"4ee7d2b2-41bd-49d9-8a64-a2926a501621","block_type":"box","text":"As of 31 Aug 2026","page_number":1,"box":{"x":753,"y":138,"width":95,"height":7}},{"id":"19146fbd-e602-44fd-add8-dcab97464169","block_type":"box","text":"Climate Metrics","page_number":1,"box":{"x":51,"y":188,"width":225,"height":15}},{"id":"b87ed013-9a9a-4417-a085-7c63dfae1e35","block_type":"box","text":"Source: State Street Investment Management, MSCI,Task Force on Climate-related Financial Disclosures. Holdings as of 31 Aug 2026, sustainability data as of 31 Jul 2026.","page_number":1,"box":{"x":50,"y":221,"width":844,"height":7}},{"id":"b2c98cbd-441b-465d-902e-cf1a45396d85","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":235,"width":875,"height":7}},{"id":"481a79c7-7fa1-47f4-a621-608748c7dea7","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":245,"width":481,"height":8}},{"id":"70bd6f41-acf3-4369-820d-3d0992c484c6","block_type":"box","text":"Actual results may differ.","page_number":1,"box":{"x":50,"y":259,"width":123,"height":7}},{"id":"7e21c63b-fb90-4b03-82f1-608bf48e9f6d","block_type":"box","text":"Green Revenues","page_number":1,"box":{"x":50,"y":290,"width":123,"height":8}},{"id":"361c032c-8798-4a0d-a7db-5739adeb0b03","block_type":"box","text":"Brown Revenues","page_number":1,"box":{"x":284,"y":290,"width":125,"height":8}},{"id":"bb300826-77f3-4858-937d-a6474a0d9da6","block_type":"box","text":"3.22%","page_number":1,"box":{"x":104,"y":315,"width":51,"height":8}},{"id":"1613e9f8-06cc-4088-aa63-bb75196a9d0a","block_type":"box","text":"4.18%","page_number":1,"box":{"x":338,"y":315,"width":51,"height":8}},{"id":"d78d7427-b3f2-4dfc-b3ef-77603bf2f24b","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":51,"y":344,"width":93,"height":8}},{"id":"18253ddd-61aa-429a-ae27-baa41d6ae188","block_type":"box","text":"100.00%","page_number":1,"box":{"x":175,"y":346,"width":53,"height":5}},{"id":"cc4cb53b-ab48-4351-878e-35685ba2be2e","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":284,"y":344,"width":93,"height":8}},{"id":"0e2bfd9b-2c3f-4a8d-901b-d1448114f3c7","block_type":"box","text":"100.00%","page_number":1,"box":{"x":408,"y":346,"width":53,"height":5}},{"id":"e8ba859f-aff8-4960-a896-d1db399b9db7","block_type":"box","text":"Implied Temperature","page_number":1,"box":{"x":51,"y":387,"width":162,"height":10}},{"id":"b2974a8c-f77c-4795-be19-f9acfff35d4a","block_type":"box","text":"Rise (°C)","page_number":1,"box":{"x":51,"y":401,"width":64,"height":10}},{"id":"bd111d5b-55d6-4313-845b-a6d6c68b940a","block_type":"box","text":"Potential Emissions","page_number":1,"box":{"x":284,"y":387,"width":146,"height":8}},{"id":"94f6be49-0d98-4e0d-83c2-1cc53b349251","block_type":"box","text":"2.88","page_number":1,"box":{"x":105,"y":425,"width":39,"height":8}},{"id":"ead4f5f5-f48a-4bb3-a15a-fc3058538b4e","block_type":"box","text":"0.79","page_number":1,"box":{"x":338,"y":425,"width":39,"height":8}},{"id":"bd491d99-f8bf-4120-bef4-d809fa47258b","block_type":"box","text":"ktCO2-eq per $mn invested","page_number":1,"box":{"x":338,"y":441,"width":111,"height":7}},{"id":"eedde487-513f-441c-8535-e79f137bea0c","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":51,"y":454,"width":93,"height":8}},{"id":"c89d1af6-fa73-483a-8222-6e8d09ad4543","block_type":"box","text":"97.37%","page_number":1,"box":{"x":182,"y":456,"width":46,"height":5}},{"id":"03b44535-9d56-4fc1-ac31-4e1cb554a8d7","block_type":"box","text":"Carbon Footprint","page_number":1,"box":{"x":50,"y":496,"width":133,"height":10}},{"id":"ac1d5c17-d7c2-47a8-8552-0862f38d87ce","block_type":"box","text":"(t CO2e/$M EVIC)","page_number":1,"box":{"x":184,"y":499,"width":76,"height":5}},{"id":"e8031271-c174-47ae-9e30-d22ff3a0f5f3","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":318,"y":515,"width":41,"height":6}},{"id":"bc7e4bb3-f8c4-4134-aaab-0c95aa17a97e","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":390,"y":515,"width":93,"height":7}},{"id":"8db4e1c2-63d8-4e26-b897-ecfdfcabb583","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":50,"y":529,"width":37,"height":7}},{"id":"f7db401c-2f8c-4e17-86dd-66fcb1889b7d","block_type":"box","text":"62.88","page_number":1,"box":{"x":322,"y":530,"width":37,"height":6}},{"id":"e459aae6-d05a-4b33-9441-c948b47e9713","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":530,"width":53,"height":6}},{"id":"831ef6dc-c769-4c6a-80c4-a83def945f04","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":50,"y":545,"width":41,"height":8}},{"id":"6ff81b67-7698-4333-a499-7bc3f69ac54d","block_type":"box","text":"19.58","page_number":1,"box":{"x":322,"y":547,"width":37,"height":5}},{"id":"82bc2adc-fd43-4f78-aa63-6d223d298885","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":547,"width":53,"height":5}},{"id":"abd90e6a-63b1-4c03-890d-3daf647ecd0a","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":50,"y":562,"width":41,"height":7}},{"id":"a3635abf-79ba-4df3-801b-7b23c334b8a0","block_type":"box","text":"523.39","page_number":1,"box":{"x":314,"y":563,"width":45,"height":6}},{"id":"e795f796-4e88-444b-b8e8-afdbcf67464d","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":563,"width":53,"height":6}},{"id":"fd7fce27-19ff-4526-b592-c106513feb0c","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":50,"y":579,"width":52,"height":7}},{"id":"76b57844-b94a-4f79-9e53-37b35bca56c3","block_type":"box","text":"82.91","page_number":1,"box":{"x":322,"y":580,"width":37,"height":6}},{"id":"1cd3e51f-83ef-4c81-8c8a-c8ae72eb289c","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":580,"width":53,"height":6}},{"id":"f02416d8-6db8-41e4-940a-96967d1330b7","block_type":"box","text":"Scope 1+2+3","page_number":1,"box":{"x":50,"y":595,"width":66,"height":8}},{"id":"0d5f4e12-40e5-42a1-b083-69aceee85fbe","block_type":"box","text":"636.51","page_number":1,"box":{"x":314,"y":597,"width":45,"height":5}},{"id":"cb1dcf93-49b4-43fb-92e6-57b19a431042","block_type":"box","text":"100.00%","page_number":1,"box":{"x":430,"y":597,"width":53,"height":5}},{"id":"8934f22d-8ed4-4caa-b4fd-e1477a60ae03","block_type":"box","text":"Total Carbon Emissions","page_number":1,"box":{"x":516,"y":291,"width":177,"height":8}},{"id":"ae81d483-52c1-4acb-8a6b-bdd668a8d5c5","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":315,"width":42,"height":6}},{"id":"27e00c67-6850-4bd3-884e-2616f497bc1e","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":315,"width":93,"height":7}},{"id":"62334abe-4c08-47e5-8da9-81b2f0c5ffe4","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":516,"y":329,"width":37,"height":7}},{"id":"6f25fe1d-5cb4-43d5-939d-f458c5816558","block_type":"box","text":"85,819.73","page_number":1,"box":{"x":772,"y":330,"width":68,"height":7}},{"id":"17b10301-0f68-4fb9-a668-1a1bc558fb10","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":330,"width":52,"height":6}},{"id":"30d01d7a-13aa-48f8-bbf3-e28dfc19b8df","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":516,"y":346,"width":40,"height":7}},{"id":"7d3cbbcc-dffc-4bdb-825a-efb48355b652","block_type":"box","text":"26,717.28","page_number":1,"box":{"x":772,"y":347,"width":69,"height":7}},{"id":"3e2c4b0d-e041-4bfb-95fb-0e4ea49025bb","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":347,"width":52,"height":6}},{"id":"9854c401-199a-4811-8a02-8411e371beed","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":516,"y":362,"width":40,"height":7}},{"id":"d3b098ed-d756-43fc-ac51-56635c329ad2","block_type":"box","text":"714,335.86","page_number":1,"box":{"x":764,"y":363,"width":77,"height":8}},{"id":"f4c73dd5-d03a-4a1e-80bb-b8b4dce6fd5f","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":363,"width":52,"height":6}},{"id":"4af760b8-2c69-4529-97cb-9286f40c0b76","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":516,"y":379,"width":51,"height":7}},{"id":"6aafb55b-58c0-49a2-a6ea-116012dc1c56","block_type":"box","text":"113,160.22","page_number":1,"box":{"x":765,"y":380,"width":75,"height":7}},{"id":"fa6e1003-faf7-41fa-8cbb-eba141101f38","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":380,"width":52,"height":6}},{"id":"e9241b33-8951-4fe1-9fa1-040278fdb0ae","block_type":"box","text":"Weighted Average Carbon Intensity","page_number":1,"box":{"x":515,"y":422,"width":271,"height":10}},{"id":"4832e5f8-cdef-4b8b-b5f9-8c537c161f35","block_type":"box","text":"(t CO2e/$M Sales)","page_number":1,"box":{"x":787,"y":425,"width":77,"height":6}},{"id":"9d74cd68-adb3-4fb3-a66b-7ba60d6c2a6a","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":446,"width":42,"height":6}},{"id":"c5710ae3-49f0-41b8-885e-0de11e39d6b9","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":446,"width":93,"height":7}},{"id":"abcc9600-e637-4e5d-95d0-0182bcdd5b43","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":516,"y":460,"width":37,"height":7}},{"id":"673059e7-3417-43ef-bb62-3ab89545e7eb","block_type":"box","text":"112.97","page_number":1,"box":{"x":796,"y":461,"width":44,"height":6}},{"id":"a717d6cf-89cf-432b-9ce4-7d40139629e5","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":461,"width":52,"height":6}},{"id":"f1ebb860-cbd3-47e6-aa0f-389d1d6b364b","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":516,"y":477,"width":40,"height":7}},{"id":"b12f71d4-7b1f-4495-a1d6-104df66e5356","block_type":"box","text":"62.39","page_number":1,"box":{"x":803,"y":478,"width":37,"height":6}},{"id":"0285b396-a02f-4e91-bc8a-4e437def09f3","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":478,"width":52,"height":6}},{"id":"1f190ead-e752-492e-a40c-1b08021522a5","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":516,"y":493,"width":40,"height":8}},{"id":"bc44325e-7ea0-4deb-9817-4b946c5c9dcc","block_type":"box","text":"833.89","page_number":1,"box":{"x":795,"y":495,"width":45,"height":5}},{"id":"db6267be-e437-45dc-be27-1806ce4fe8f3","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":495,"width":52,"height":5}},{"id":"0ab79c38-a4e3-4246-ab14-5d85f08919dc","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":516,"y":510,"width":51,"height":7}},{"id":"562a966c-5be5-4737-8b11-494c8059b00f","block_type":"box","text":"175.51","page_number":1,"box":{"x":796,"y":511,"width":45,"height":6}},{"id":"023dcbfd-0f74-4613-bb7a-95eb5ae57725","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":511,"width":52,"height":6}},{"id":"8b3ce9ae-b617-4e32-9d2c-eb3b6b657176","block_type":"box","text":"Scope 1+2+3","page_number":1,"box":{"x":516,"y":527,"width":66,"height":7}},{"id":"ce3b6469-9f58-4a4f-b37a-1199af993aca","block_type":"box","text":"1,010.79","page_number":1,"box":{"x":780,"y":528,"width":60,"height":7}},{"id":"f357ce2a-7b51-4a75-b636-522c47409f4c","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":528,"width":52,"height":6}},{"id":"fefd96b9-5505-4d8e-89d3-694724c53dce","block_type":"box","text":"Climate Value at Risk","page_number":1,"box":{"x":516,"y":569,"width":189,"height":10}},{"id":"bb3de1f3-324a-47e2-b6ac-b88d446d33dc","block_type":"box","text":"Policy Risk VaR","page_number":1,"box":{"x":516,"y":595,"width":82,"height":7}},{"id":"c53f50b9-cf0e-4f5f-8058-457e3b41f2f6","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":595,"width":42,"height":5}},{"id":"2874a910-e7d9-4621-b9cc-a5edf5c87390","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":595,"width":93,"height":7}},{"id":"e20d6538-1167-40e9-897e-4c1fdb10022b","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":609,"width":127,"height":7}},{"id":"45838dd7-736e-4b95-be8b-47beb0425f2b","block_type":"box","text":"-12.44%","page_number":1,"box":{"x":789,"y":610,"width":52,"height":6}},{"id":"67f7d948-1ed8-4c94-9704-3f18952eebf2","block_type":"box","text":"97.51%","page_number":1,"box":{"x":903,"y":610,"width":45,"height":6}},{"id":"150bc82d-2204-48bf-b294-3f48daceaa05","block_type":"box","text":"Technology Opportunities VaR","page_number":1,"box":{"x":516,"y":625,"width":164,"height":7}},{"id":"0fe116cf-601f-45c6-a5b4-324afed84c86","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":642,"width":127,"height":7}},{"id":"570ca8fe-580f-442e-8d51-1a0dc103f623","block_type":"box","text":"2.38%","page_number":1,"box":{"x":803,"y":643,"width":38,"height":6}},{"id":"296e2728-5e6d-4af5-b57d-c02df0a3079d","block_type":"box","text":"79.33%","page_number":1,"box":{"x":903,"y":643,"width":45,"height":6}},{"id":"945c4474-6e92-43cc-be26-f2be7102e36a","block_type":"box","text":"Physical Risk VaR","page_number":1,"box":{"x":516,"y":659,"width":95,"height":7}},{"id":"4eec1c74-1af2-49cd-9937-eb125ed0991c","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":675,"width":127,"height":7}},{"id":"bec8512c-67f0-488b-82ce-48fadaac76dc","block_type":"box","text":"-0.81%","page_number":1,"box":{"x":797,"y":676,"width":44,"height":6}},{"id":"7d2810ef-f0fd-4bb5-b319-de3fd7314557","block_type":"box","text":"96.38%","page_number":1,"box":{"x":903,"y":676,"width":45,"height":6}},{"id":"6a9fe631-1ce8-4e37-b0b8-6ed93a9f2c0a","block_type":"box","text":"Hothouse (3 °C)","page_number":1,"box":{"x":516,"y":692,"width":79,"height":6}},{"id":"1c928534-2d3d-4aaa-b5c1-7fde9ffb5598","block_type":"box","text":"-2.48%","page_number":1,"box":{"x":797,"y":693,"width":44,"height":6}},{"id":"6daf6e54-b95a-46c3-b27e-f40e294c7f4b","block_type":"box","text":"96.38%","page_number":1,"box":{"x":903,"y":693,"width":45,"height":6}},{"id":"8986af4e-dfe7-4ed5-845e-5958c18a4486","block_type":"box","text":"Report ID: 5593188.1","page_number":1,"box":{"x":362,"y":968,"width":113,"height":9}},{"id":"69756ca3-6a9d-49d2-98b0-382cc6e62e72","block_type":"box","text":"Published: 12 Sep 2026","page_number":1,"box":{"x":496,"y":968,"width":129,"height":9}},{"id":"80a90ee3-978e-44dc-b06d-141b4d3d07e4","block_type":"box","text":"P","page_number":1,"box":{"x":902,"y":968,"width":5,"height":6}},{"id":"fb9d94df-51f0-41c9-9974-e9c861077e69","block_type":"box","text":"a","page_number":1,"box":{"x":908,"y":970,"width":5,"height":4}},{"id":"66a703f6-6ced-40a2-9b13-2f057ad37937","block_type":"box","text":"g","page_number":1,"box":{"x":913,"y":970,"width":6,"height":5}},{"id":"e8bcab64-0be9-4b84-8eba-cc4f023a4bfb","block_type":"box","text":"e","page_number":1,"box":{"x":919,"y":970,"width":5,"height":4}},{"id":"f412ab25-bce8-4d31-b071-1cbfe08ee3db","block_type":"box","text":"1","page_number":1,"box":{"x":926,"y":968,"width":3,"height":6}},{"id":"fb512b5b-4549-4800-bc28-a1796b72b714","block_type":"box","text":"of","page_number":1,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"26fde878-b87b-441b-a34b-3d0f51457a78","block_type":"box","text":"4","page_number":1,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"f3d66b35-4016-45a7-b21d-237410c9fb2a","block_type":"box","text":"Glossary","page_number":2,"box":{"x":51,"y":59,"width":129,"height":19}},{"id":"e064c148-8d1a-4b0e-889f-84206a422114","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":"3ce0376a-8e98-4c49-b309-44acd3ff1e93","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":"1b5bed35-1414-49d6-a6d9-b8ee1e456f5e","block_type":"box","text":"otherwise stated.","page_number":2,"box":{"x":51,"y":120,"width":102,"height":7}},{"id":"d1521fbc-7c67-4c8b-8571-282bba4e3f8d","block_type":"box","text":"Climate Metrics","page_number":2,"box":{"x":51,"y":152,"width":157,"height":11}},{"id":"4d668ea6-3b68-4dff-832e-d0c4eb198e5b","block_type":"box","text":"Data Treatments","page_number":2,"box":{"x":51,"y":173,"width":108,"height":7}},{"id":"97a40a5c-e892-42a8-9ac6-284353bde5bc","block_type":"box","text":"- State Street applies the data treatments where","page_number":2,"box":{"x":163,"y":173,"width":286,"height":9}},{"id":"e6f2e6c4-8cdb-4b52-84ce-8620d0c97f1c","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":"ac7ac14d-9666-4c8d-99cc-2cfb279af079","block_type":"box","text":"metrics they are applied to please","page_number":2,"box":{"x":51,"y":199,"width":201,"height":9}},{"id":"cea59aff-1b71-46b1-a0ac-f8718e79d569","block_type":"box","text":"click","page_number":2,"box":{"x":255,"y":199,"width":28,"height":7}},{"id":"adcf98b5-dcf7-4b69-8d48-d5d05fde5a77","block_type":"box","text":"here","page_number":2,"box":{"x":286,"y":199,"width":26,"height":7}},{"id":"1b90674e-3787-431b-b87e-5b06d2835d9d","block_type":"box","text":".","page_number":2,"box":{"x":313,"y":205,"width":2,"height":1}},{"id":"b8903031-1b98-4c59-a01a-e496ed7122d9","block_type":"box","text":"Portfolio Coverage","page_number":2,"box":{"x":51,"y":217,"width":119,"height":8}},{"id":"8c05f38a-ec13-4ed1-a0ec-dd6725fe6887","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":"37ee2df9-106e-4d31-8051-0081e0fd1d4a","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":"d4786f88-3d16-4c97-a1b4-54ccf70884cf","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":"907ab863-fc5b-47ab-a7b0-3eba485eb1f5","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":"b0b873fd-ca82-46fd-8dbc-5b443fe8f992","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":"f86c003c-c59d-4300-bf51-a9e6f5db64af","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":"9996d104-62d8-4329-b6d4-0224f2e562da","block_type":"box","text":"estimated data to fill these gaps.","page_number":2,"box":{"x":51,"y":293,"width":191,"height":9}},{"id":"e3946bab-40cc-4d1a-994b-69403570c90b","block_type":"box","text":"Green Revenues – MSCI:","page_number":2,"box":{"x":51,"y":311,"width":156,"height":7}},{"id":"1c2c8e06-a048-4fcb-bfd1-bf14a9be8c4e","block_type":"box","text":"Weighted Average of each Underlying","page_number":2,"box":{"x":210,"y":311,"width":224,"height":9}},{"id":"6bf199cc-5fa1-4948-946c-c39632bdfdb8","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":"087768a6-72eb-46c1-88a8-44396f4e6422","block_type":"box","text":"Brown Revenues:","page_number":2,"box":{"x":51,"y":342,"width":110,"height":6}},{"id":"32b511e8-8a19-494e-9965-379e9b1a8d10","block_type":"box","text":"Percentage of revenue from “brown” sectors and","page_number":2,"box":{"x":165,"y":341,"width":287,"height":9}},{"id":"7e77202b-f6ad-4efe-b1e4-727e4f25d294","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":"46cf5d78-c18b-414a-8d00-4dee28a24b20","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":"b9bfecb3-1aab-429e-a00d-d41fee72bfc8","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":"82fcf700-25d3-48f0-937d-b25946df35fc","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":"a0d0c845-87fe-4081-aa83-dbc8c6b8249f","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":"a1a92afa-e82e-49c3-968c-c319b7e1ecf8","block_type":"box","text":"value chains.","page_number":2,"box":{"x":50,"y":419,"width":76,"height":6}},{"id":"6ad47366-c0b6-470d-9f12-4f7828fbfcff","block_type":"box","text":"Brown Revenues – MSCI:","page_number":2,"box":{"x":51,"y":436,"width":158,"height":7}},{"id":"7f261aa1-efdc-485d-baf1-2ba8ae8dcdf1","block_type":"box","text":"Weighted Average of each Underlying","page_number":2,"box":{"x":212,"y":436,"width":225,"height":9}},{"id":"d0e0a26f-6075-456b-8355-b96fd09f60bc","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":"fae21c7e-5935-4612-8bfb-814a23966e5c","block_type":"box","text":"Potential Emissions – MSCI:","page_number":2,"box":{"x":51,"y":466,"width":176,"height":7}},{"id":"5a8fa264-be82-47d9-85f0-c9be2a22e940","block_type":"box","text":"Sum of Weighted Average Total Potential","page_number":2,"box":{"x":230,"y":466,"width":243,"height":9}},{"id":"9321277e-1792-4bd2-9749-7c9952e47b09","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":"23d7d297-959e-429c-ae9f-6035a8d103b3","block_type":"box","text":"per $MN invested) on the Portfolio Level.","page_number":2,"box":{"x":51,"y":491,"width":241,"height":10}},{"id":"a56c6283-11f1-47a1-981e-a32d3c2f5be6","block_type":"box","text":"Carbon Footprint(t CO2e/$M EVIC):","page_number":2,"box":{"x":51,"y":509,"width":229,"height":9}},{"id":"6b432f59-5af8-4e87-b776-2bbb84eed72a","block_type":"box","text":"Scope 1+2+3- MSCI*:","page_number":2,"box":{"x":91,"y":527,"width":133,"height":9}},{"id":"db71d2b5-a778-4f49-a788-4d7f0ba3e89a","block_type":"box","text":"Weighted average Scope 1, Scope 2 and","page_number":2,"box":{"x":228,"y":527,"width":236,"height":9}},{"id":"62a5988c-acde-40d6-a569-8f8754cca758","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":"402020c2-b32f-4862-b822-67e772bd6dae","block_type":"box","text":"value including cash.","page_number":2,"box":{"x":91,"y":553,"width":122,"height":9}},{"id":"bb097b37-9cf6-4e6b-9118-86457a76e237","block_type":"box","text":"Total Carbon Emissions – MSCI:","page_number":2,"box":{"x":51,"y":570,"width":202,"height":7}},{"id":"2e33fc4c-f524-4ce9-b6ee-5b309b0d7549","block_type":"box","text":"Total Carbon Emissions measures","page_number":2,"box":{"x":256,"y":570,"width":203,"height":7}},{"id":"7c9c90ff-1d4f-41de-93d1-bd2bb535e9d0","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":"22eaadd1-6d56-4b9d-ad2a-870dab13e0f7","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":"3a67be90-7d17-4ac1-96bf-d50b55dc16cb","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":"437b4999-77a1-4aa1-bf3d-96755b9e34d9","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":"172a957d-3808-47ee-bc58-2c8d662a8148","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":"88950cb1-0a46-4a0c-9e6b-f1987efa2064","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":"2a8c6160-ae6d-4b45-bd62-7d601f8ad853","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":"d6809f21-cfaa-448e-b5e2-8e81178a7a61","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":"4c1d1f8b-652c-4a68-bc0c-92fddca554c7","block_type":"box","text":"Scope 1","page_number":2,"box":{"x":556,"y":95,"width":47,"height":8}},{"id":"414054b2-be18-492b-87fc-c06886574720","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":"6de4740f-acdc-4d89-94c1-f71fad7d7df5","block_type":"box","text":"owned or controlled by the company.","page_number":2,"box":{"x":556,"y":108,"width":219,"height":8}},{"id":"55304369-3d23-4350-bf94-b54343d346f9","block_type":"box","text":"Scope 2","page_number":2,"box":{"x":556,"y":125,"width":51,"height":9}},{"id":"23c7e162-ed0c-4fa5-a4a4-7e68bb53785f","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":"dbc21dc7-b9e4-4041-bcb9-02f4114b00b2","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":"b63dc295-8281-4e11-aa9c-33a42a589623","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":"b71c2ab5-47fa-4068-93d0-88c5ae3c8fa3","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":"3a232672-a261-4bb0-b810-556ea28b91b3","block_type":"box","text":"station.","page_number":2,"box":{"x":556,"y":176,"width":43,"height":7}},{"id":"0ef5931d-8ca2-427a-8cb6-31ba66d273f2","block_type":"box","text":"Scope 3","page_number":2,"box":{"x":556,"y":194,"width":51,"height":9}},{"id":"e1f21774-8844-4278-a438-8b807adb0ff2","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":"a738968e-f335-437b-93b9-0a364a5a6f11","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":"2f43cb2d-33f9-4b9b-b0a0-98ee7a6cb1e2","block_type":"box","text":"control.","page_number":2,"box":{"x":556,"y":220,"width":44,"height":7}},{"id":"d6e47158-ca3d-4de6-86c1-b851a27e4168","block_type":"box","text":"Weighted Average Carbon Intensity - MSCI: Scope 1+2+3 -","page_number":2,"box":{"x":515,"y":237,"width":370,"height":9}},{"id":"f1163464-26c5-4a28-ad2c-53dba1cdd37a","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":"6e8e47af-da0b-46ff-963b-5d50bbe82ff9","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":"4690be9e-d474-47cf-9404-a2f7bf325684","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":"095e69b5-33bd-420e-b28b-adc44018e838","block_type":"box","text":"by portfolio weight.","page_number":2,"box":{"x":516,"y":288,"width":112,"height":9}},{"id":"c1741fbc-4f9f-4f25-a6c1-4e231c876fae","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":"c80efbd3-89af-40ee-9a8a-f6d01d38c8a4","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":"31ac1931-bffe-46ec-9e77-316bd80957bb","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":"2cde2ba8-a30b-4825-a289-13ff652e104b","block_type":"box","text":"This may occur for a","page_number":2,"box":{"x":796,"y":332,"width":122,"height":8}},{"id":"bfc8827b-fd41-488b-8ab6-280240d93777","block_type":"box","text":"few reasons.","page_number":2,"box":{"x":515,"y":345,"width":74,"height":7}},{"id":"fab74f3f-ba76-4e36-acd4-2b514003df08","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":"076ad159-19df-417d-94e4-3008cc30b702","block_type":"box","text":"vendor.","page_number":2,"box":{"x":515,"y":357,"width":44,"height":7}},{"id":"4685897a-bb05-45f0-a35d-e736bfa6ed0b","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":"ad375643-37f3-423b-9543-477410a92954","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":"f5bd9c33-fd1e-4581-b37b-a1710b404253","block_type":"box","text":"Data is","page_number":2,"box":{"x":872,"y":370,"width":40,"height":7}},{"id":"48c7ff22-18b6-4a51-aa02-37bacba2d58f","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":"13ed59f4-97cc-45d8-9e5a-b5553b696b8c","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":"f6864076-3245-4aa1-b9b5-337ee77177c2","block_type":"box","text":"Implied Temperature Rise (°C) – MSCI:","page_number":2,"box":{"x":516,"y":413,"width":244,"height":9}},{"id":"e736ab5b-e038-4c4b-bf14-e75d9b8c7f9e","block_type":"box","text":"The climate scenario","page_number":2,"box":{"x":763,"y":414,"width":125,"height":6}},{"id":"c5ae9869-4376-4317-bfbd-88a4eb8bc19b","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":"f6f84416-6e80-4bac-ba14-144a8ac7e176","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":"93d2d18a-23f4-44e2-b19c-d49d068990e0","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":"fd06bb2d-26da-4120-8219-0ed042f09b67","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":"f084b98d-d96f-4cc4-8566-b8026253ad18","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":"91090b36-f44b-4dd3-884d-372246997ded","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":"906aa065-83eb-4fa3-af7f-d1b204903a6c","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":"487144a1-bef5-4ec0-be3e-98b2bbb2338b","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":"04e276a0-211e-4bcb-b880-00e38ddc414d","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":"6590ee95-e09a-4bb8-bf05-d279f9d3503c","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":"d7341903-3183-4637-be25-edba5c7ea951","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":"7279bf37-cad8-4766-be01-5343f39d3bc2","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":"741ce49f-1b24-42af-86c2-a4caf15934f8","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":"895ae6b6-6c52-47e7-85a2-e95c2153fa01","block_type":"box","text":"to evolve and mature. Portfolio level.","page_number":2,"box":{"x":515,"y":593,"width":214,"height":7}},{"id":"838adef0-a51f-44f8-b55c-e7994ea294b2","block_type":"box","text":"Climate Value at Risk- MSCI:","page_number":2,"box":{"x":515,"y":611,"width":181,"height":7}},{"id":"c6735dbb-5a4a-41b5-82d5-1ed27a07d11f","block_type":"box","text":"(Climate VaR)","page_number":2,"box":{"x":700,"y":610,"width":88,"height":8}},{"id":"73cbfdaa-835b-4f12-808f-07ed75d3c485","block_type":"box","text":"is a measure to estimate","page_number":2,"box":{"x":792,"y":611,"width":144,"height":7}},{"id":"3b22c16b-130f-44b0-9620-f495eff1ba8e","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":"fe15805e-a277-4af2-881d-62671dc3fe0d","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":"842072e3-3d9a-4a9b-b2d6-5782aaa03f54","block_type":"box","text":"Risk metrics included on this report","page_number":2,"box":{"x":516,"y":649,"width":210,"height":9}},{"id":"5747b0ea-40ed-4f79-a232-9c3f2f3e76e4","block_type":"box","text":"click he","page_number":2,"box":{"x":729,"y":649,"width":45,"height":7}},{"id":"c6826a35-553f-4389-bca8-03f69179a301","block_type":"box","text":"re","page_number":2,"box":{"x":775,"y":651,"width":11,"height":5}},{"id":"1e460305-8eec-4760-b590-9ea091fb176b","block_type":"box","text":".","page_number":2,"box":{"x":787,"y":655,"width":2,"height":1}},{"id":"5525b277-1c59-401c-96a8-0db890982d48","block_type":"box","text":"Report ID: 5593188.1","page_number":2,"box":{"x":362,"y":968,"width":113,"height":9}},{"id":"687ce193-3a42-4c00-8a1e-09831a121972","block_type":"box","text":"Published: 12 Sep 2026","page_number":2,"box":{"x":496,"y":968,"width":129,"height":9}},{"id":"e5a680db-5dd1-4599-b5f2-724c148287fb","block_type":"box","text":"P","page_number":2,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"870199d4-128e-4299-a930-c4e63e397bfd","block_type":"box","text":"a","page_number":2,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"2bee56ca-d6ff-4974-8252-0639a922f143","block_type":"box","text":"g","page_number":2,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"35a782c7-e45a-47c7-856e-57c8dcd40328","block_type":"box","text":"e","page_number":2,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"87a058a5-18b5-439d-a101-2741bb2d22d4","block_type":"box","text":"2","page_number":2,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"bbb3b75f-ef04-44a0-b738-f815ee67f7e8","block_type":"box","text":"of","page_number":2,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"27753531-e4ba-4c37-9bf8-7939ceaf78cb","block_type":"box","text":"4","page_number":2,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"369caeba-08ee-4e51-bfcb-ff907588ab41","block_type":"box","text":"Disclosures","page_number":3,"box":{"x":52,"y":58,"width":166,"height":15}},{"id":"8814a019-e329-4650-985e-8099ef8d8b07","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":"e8f20dad-bc94-45e3-a67c-8c69532cf483","block_type":"box","text":"Management. Please","page_number":3,"box":{"x":51,"y":105,"width":132,"height":9}},{"id":"31ef2d12-378f-4b9d-abc8-3eea7b25cdd4","block_type":"box","text":"click here","page_number":3,"box":{"x":187,"y":105,"width":63,"height":7}},{"id":"bb6c497d-1cb3-45b4-9491-7b1d1f039838","block_type":"box","text":"for more information.","page_number":3,"box":{"x":253,"y":105,"width":135,"height":7}},{"id":"09dd5b2e-5a72-45d2-ab5a-29a5a30bf046","block_type":"box","text":"Marketing Communication","page_number":3,"box":{"x":51,"y":122,"width":170,"height":9}},{"id":"3aea2c39-f063-4f7f-a9f8-c9d387040434","block_type":"box","text":"For institutional / professional investors use only.","page_number":3,"box":{"x":51,"y":140,"width":310,"height":9}},{"id":"bb84a47b-874e-4766-a335-6781c7cfe54e","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":"2073a2e1-6654-470f-8518-4e6eb0eaa105","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":"7496e2bd-c9b9-4ee5-9353-71731fd66aa0","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":"46203092-572c-4f27-a14e-9715208f387a","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":"25fcd441-3ad1-4fd9-b432-46e9152949cd","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":"fbc8bd97-0778-49e0-b259-0df743b710cd","block_type":"box","text":"making.","page_number":3,"box":{"x":51,"y":222,"width":46,"height":8}},{"id":"0f59b6be-1b80-420e-8eca-81c9b4f33078","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":"73ec4b57-ac53-46f7-b57b-e4bde49434a0","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":"35210467-2d68-4d77-8b14-e9747bc45de1","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":"c7cdf298-d5f0-451c-835f-8f920e61ff5b","block_type":"box","text":"SSGA’s express written consent.","page_number":3,"box":{"x":51,"y":283,"width":192,"height":8}},{"id":"788b1bd6-4897-451d-8143-2add962985f3","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":"c980c93b-c8bc-481c-9c64-4547d00c812b","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":"863df079-6c6b-4bb3-b557-2061fc0cc577","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":"3eeb5bad-0f8c-4f73-84b1-1f563fb9c32c","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":"09362870-c359-4877-b7cd-d4db1c81ecb3","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":"30a9021a-9a6e-490d-89fe-6e62fab91dc3","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":"9135bbac-2736-4f95-82bf-2449e434627a","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":"960c1d2b-f67e-4585-b10f-23b01ca7d923","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":"05b0e552-b907-4c2b-8166-a83e4ec80010","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":"59c020a9-b1c7-43d4-a7a9-79d77d37ab0b","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":"e2c44b1d-9691-4999-8887-c86f6236ce5a","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":"9ca1e708-375f-45bd-bbb1-41dc8ad81c9c","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":"a86fff65-1156-487d-ba31-437690749485","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":"7d3d280a-1ecd-42c4-ae7f-f6e6ed2af5c1","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":"55a375a0-457c-4a31-9085-c5f608fbfddc","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":"307b66a1-5a42-45f3-bdf0-2037870951dc","block_type":"box","text":"‘Marketing Communication’ in accordance with the applicable","page_number":3,"box":{"x":51,"y":502,"width":394,"height":9}},{"id":"f7924cf5-de25-4f44-9478-2d367aab7a1c","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":"c9f4f695-67db-4647-a81b-228c7b738e23","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":"f8e7961d-a637-4d2e-8cf8-da11846d8aba","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":"fb6f0a92-847f-4194-8d7f-a44b2e1491cf","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":"7fc8d612-06bf-49b2-8e97-42542dc44e86","block_type":"box","text":"dissemination of investment research.","page_number":3,"box":{"x":51,"y":566,"width":243,"height":7}},{"id":"60f55bdd-b3f3-42d0-a39a-55777da0f81a","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":"5afc78d3-7b08-4dd8-b713-b4c932b152df","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":"e883c795-64b0-4655-b332-3c1f327151d3","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":"3064b1f0-6cd5-42da-8c2b-9ca238655444","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":"bf7f4b2a-c297-4ff5-a361-ef47bf9df37f","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":"32586806-f23a-4173-bf3d-c3767b4f65a2","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":"04886714-ca77-4919-bb09-96200f5d4d45","block_type":"box","text":"communication.","page_number":3,"box":{"x":51,"y":661,"width":95,"height":7}},{"id":"6dc37282-024a-4966-b11a-0d6bcc751ab2","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":"bda63cf8-7076-48ca-8fc5-7183ba85282f","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":"5cb25419-5e4e-43f9-8ba3-425458d708bf","block_type":"box","text":"and economic conditions.","page_number":3,"box":{"x":51,"y":704,"width":152,"height":7}},{"id":"8e13d262-7e66-4115-9ede-f7ed5c2f11b3","block_type":"box","text":"Bonds generally present less short-term risk and volatility than stocks,","page_number":3,"box":{"x":51,"y":722,"width":415,"height":8}},{"id":"083e92d9-494e-4fbe-a00b-c7ba28ee7e56","block_type":"box","text":"but contain interest rate risk (as interest rates raise, bond prices usually","page_number":3,"box":{"x":51,"y":734,"width":423,"height":9}},{"id":"7e603c60-4c34-4296-b5aa-40aba1bd3016","block_type":"box","text":"fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk.","page_number":3,"box":{"x":50,"y":747,"width":418,"height":9}},{"id":"b6049f29-e2a5-46a1-a8de-a1692dc435ec","block_type":"box","text":"These effects are usually pronounced for longer-term securities. Any","page_number":3,"box":{"x":51,"y":760,"width":408,"height":9}},{"id":"51a03024-267c-4e78-85cf-5a4f7908dc6f","block_type":"box","text":"fixed income security sold or redeemed prior to maturity may be subject","page_number":3,"box":{"x":50,"y":773,"width":429,"height":9}},{"id":"51cb82ab-cdf4-4156-adf5-4184bf18fcbb","block_type":"box","text":"to a substantial gain or loss.","page_number":3,"box":{"x":50,"y":786,"width":163,"height":8}},{"id":"5fcfc472-b2e4-4355-94d7-801db78b6de4","block_type":"box","text":"ETFs trade like stocks, are subject to investment risk, fluctuate in market","page_number":3,"box":{"x":51,"y":803,"width":430,"height":9}},{"id":"5c74feb1-c514-4cef-912f-8e7655c51c66","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":816,"width":420,"height":9}},{"id":"96066f60-8605-4137-a718-1da5b4e0d778","block_type":"box","text":"Brokerage commissions and ETF expenses will reduce returns.","page_number":3,"box":{"x":51,"y":829,"width":372,"height":9}},{"id":"4dcce492-1d55-4edf-9f87-319f873d7764","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":846,"width":414,"height":9}},{"id":"e74ec235-fb66-45b3-a186-c0e787c433c9","block_type":"box","text":"affiliates (“S&P DJI”) and have been licensed for use by State Street","page_number":3,"box":{"x":51,"y":859,"width":400,"height":9}},{"id":"dc14609c-57ba-42dd-b850-9cff249113a2","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":872,"width":396,"height":8}},{"id":"89a910f0-0486-4b54-aee4-985b5fdf7342","block_type":"box","text":"trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow","page_number":3,"box":{"x":50,"y":885,"width":416,"height":8}},{"id":"9d45dd97-bba2-4fcc-83fd-9654c284815b","block_type":"box","text":"Jones® is a registered trademark of Dow Jones Trademark Holdings","page_number":3,"box":{"x":51,"y":898,"width":403,"height":8}},{"id":"d69e470f-63c4-4f2a-aac6-b4bdc3065460","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":910,"width":407,"height":9}},{"id":"9aeb46e7-cec6-4dab-8201-2af8318881b9","block_type":"box","text":"Indices; and these trademarks have been licensed for use by S&P DJI","page_number":3,"box":{"x":51,"y":923,"width":410,"height":9}},{"id":"472d1917-ba0f-40e8-892c-85e96d5cef83","block_type":"box","text":"and sublicensed for certain purposes by State Street Global Advisors.","page_number":3,"box":{"x":516,"y":92,"width":414,"height":9}},{"id":"5188b47f-5749-48cd-90ca-e35ef0ede3fc","block_type":"box","text":"The fund is not sponsored, endorsed, sold or promoted by S&P DJI, Dow","page_number":3,"box":{"x":515,"y":105,"width":429,"height":8}},{"id":"aa0bddd3-602d-4d0f-9941-5024cc9e5e38","block_type":"box","text":"Jones, S&P, their respective affiliates, and none of such parties make any","page_number":3,"box":{"x":515,"y":118,"width":432,"height":8}},{"id":"f1a1938c-56d2-45da-950e-4798f94caf1f","block_type":"box","text":"representation regarding the advisability of investing in such product(s)","page_number":3,"box":{"x":516,"y":130,"width":421,"height":9}},{"id":"79571265-3d0c-4943-818f-a33abea311fc","block_type":"box","text":"nor do they have any liability for any errors, omissions, or interruptions of","page_number":3,"box":{"x":516,"y":143,"width":429,"height":9}},{"id":"51ad82f2-2317-4e96-9589-357b4388d092","block_type":"box","text":"these indices.","page_number":3,"box":{"x":515,"y":156,"width":81,"height":7}},{"id":"b8778791-82fd-4860-acc2-6d7f01695754","block_type":"box","text":"Please refer to the Fund’s latest Key Information Document (KID)/","page_number":3,"box":{"x":516,"y":174,"width":416,"height":8}},{"id":"6a0e9244-19c8-4f54-a4be-0b896b0ea5c6","block_type":"box","text":"Key Investor Information Document (KIID) and Prospectus before","page_number":3,"box":{"x":516,"y":186,"width":415,"height":9}},{"id":"af5fd779-f69e-4d8c-8fd2-7855a6611adb","block_type":"box","text":"making any final investment decision. The latest English version of","page_number":3,"box":{"x":516,"y":199,"width":422,"height":9}},{"id":"d5d98d58-7814-4302-b455-41dad7537d39","block_type":"box","text":"the prospectus and the KID/KIID can be found at","page_number":3,"box":{"x":515,"y":212,"width":307,"height":9}},{"id":"c1b949d9-4d31-458b-a505-c208a53feea7","block_type":"box","text":"www.ssga.com","page_number":3,"box":{"x":825,"y":214,"width":97,"height":7}},{"id":"9810333e-b884-461a-a62e-a58fadc45deb","block_type":"box","text":". A","page_number":3,"box":{"x":923,"y":212,"width":16,"height":7}},{"id":"7dee991d-9f36-43e7-ac30-cc3b195029a4","block_type":"box","text":"summary of investor rights can be found here:","page_number":3,"box":{"x":515,"y":225,"width":292,"height":9}},{"id":"dbe7c9e7-c0a0-4b15-91f4-2997a47955f5","block_type":"box","text":"https://www.ssga.","page_number":3,"box":{"x":811,"y":225,"width":116,"height":9}},{"id":"f8a846f7-5bdc-4aec-b3d5-2cc4bf73d8ef","block_type":"box","text":"com/library-content/products/fund-docs/summary-of-investor","page_number":3,"box":{"x":515,"y":238,"width":421,"height":8}},{"id":"2eb94d3e-c6a4-49e6-88e3-b1aa65fc9d0a","block_type":"box","text":"rights/ssga-investors-rights-summary-template-non-etf-Lu","page_number":3,"box":{"x":516,"y":250,"width":390,"height":9}},{"id":"17482b4b-fa73-428b-9607-4e85fa8200b4","block_type":"box","text":"x.pdf","page_number":3,"box":{"x":906,"y":251,"width":35,"height":8}},{"id":"db69d410-56c7-458a-8410-53ff45f190ed","block_type":"box","text":"Note that the Management Company may decide to terminate the","page_number":3,"box":{"x":516,"y":268,"width":418,"height":9}},{"id":"79157d0d-a60a-40b8-8c14-4600449720f4","block_type":"box","text":"arrangements made for marketing and proceed with de-notification","page_number":3,"box":{"x":515,"y":281,"width":431,"height":9}},{"id":"a1333124-d68f-454a-b6e6-f3c467281e9d","block_type":"box","text":"in compliance with Article 93a of Directive 2009/65/EC.","page_number":3,"box":{"x":516,"y":294,"width":354,"height":8}},{"id":"91271180-a713-41f9-bf67-ff4365a8951e","block_type":"box","text":"Investors should not evaluate an investment in the fund based solely","page_number":3,"box":{"x":516,"y":311,"width":403,"height":9}},{"id":"8c3998fd-55c6-4bbb-ac01-6a33be44bfec","block_type":"box","text":"on the information above, but should consider other factors, including","page_number":3,"box":{"x":516,"y":324,"width":411,"height":9}},{"id":"71aed107-15fd-4619-9ae4-76c73d75d73d","block_type":"box","text":"the fund’s overall investment objective and risk profile. Investors are","page_number":3,"box":{"x":515,"y":337,"width":401,"height":9}},{"id":"67be6040-3b38-4ca2-bf0f-ac092383ab48","block_type":"box","text":"encouraged to review the fund’s prospectus [https://www.ssga.com/","page_number":3,"box":{"x":516,"y":350,"width":402,"height":9}},{"id":"041fba97-5b3f-4c66-86cf-6e06b84c30fb","block_type":"box","text":"fund-finder?tab=documents] and KIID for more information regarding","page_number":3,"box":{"x":515,"y":363,"width":416,"height":9}},{"id":"5b90dd2d-2ce1-4966-b619-fc36a5b1e288","block_type":"box","text":"the fund and where applicable, the fund’s SFDR category.","page_number":3,"box":{"x":515,"y":376,"width":338,"height":8}},{"id":"f5bab772-e523-4172-b6da-2424d64c793a","block_type":"box","text":"Sustainability data is sourced from external providers. This data may","page_number":3,"box":{"x":515,"y":393,"width":408,"height":9}},{"id":"d244d0f2-5679-47db-8a8f-ed84833210c0","block_type":"box","text":"be incomplete, inaccurate, or unavailable for certain companies, which","page_number":3,"box":{"x":516,"y":406,"width":416,"height":9}},{"id":"618a308d-bfec-47ce-967c-b0eb777b66ca","block_type":"box","text":"could limit the ability to fully capture or reflect their sustainability","page_number":3,"box":{"x":516,"y":419,"width":382,"height":8}},{"id":"444b2ff3-a4bb-4f7e-bd99-1b71ce762f93","block_type":"box","text":"characteristics. As a result, there may be limitations reported in the","page_number":3,"box":{"x":516,"y":432,"width":397,"height":8}},{"id":"7fd1becc-85ae-49e9-970e-5abab9e59714","block_type":"box","text":"sustainability metrics or indicators.","page_number":3,"box":{"x":515,"y":445,"width":207,"height":8}},{"id":"e17b6eb0-b271-41b8-ab30-cf29d34d8030","block_type":"box","text":"The third-party information above has been obtained from sources","page_number":3,"box":{"x":515,"y":462,"width":398,"height":9}},{"id":"91678c29-3f37-4478-a4b2-93072fec7459","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":475,"width":407,"height":9}},{"id":"0843ce70-630f-457b-b882-afd127f345d1","block_type":"box","text":"guaranteed by SSGA. SSGA is not liable for investment decisions based","page_number":3,"box":{"x":515,"y":488,"width":427,"height":9}},{"id":"282c4d31-d8e9-4bf4-960a-c20088dda061","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":501,"width":403,"height":7}},{"id":"27b80b83-baad-4179-b729-c51cff03f5d7","block_type":"box","text":"representation or warranty as to the current accuracy, reliability or","page_number":3,"box":{"x":516,"y":514,"width":393,"height":8}},{"id":"5385e340-5f60-450c-b46e-45744b9f2022","block_type":"box","text":"completeness of this information.","page_number":3,"box":{"x":516,"y":526,"width":197,"height":9}},{"id":"8259ed1a-3ed1-46ac-9a6a-a4732c8c0333","block_type":"box","text":"Data and metrics have been sourced as follows from the following","page_number":3,"box":{"x":516,"y":544,"width":389,"height":9}},{"id":"2eadf5bf-7428-4091-8c0e-85f58c0587dd","block_type":"box","text":"contributors as of the date of this report, and are subject to their","page_number":3,"box":{"x":516,"y":557,"width":379,"height":8}},{"id":"dfacc3b8-4844-4147-870f-391665ec6b2c","block_type":"box","text":"disclosures below. All other data has been sourced by SSGA.","page_number":3,"box":{"x":516,"y":569,"width":360,"height":9}},{"id":"02199214-6efc-4618-9a86-9d1b70546773","block_type":"box","text":"Source: MSCI: Certain information contained herein (the “Information”)","page_number":3,"box":{"x":515,"y":587,"width":419,"height":8}},{"id":"ee3ae24c-9aef-4417-ad6b-013fa086380e","block_type":"box","text":"is sourced from/copyright of MSCI Inc., MSCI ESG Research LLC, or their","page_number":3,"box":{"x":516,"y":600,"width":431,"height":9}},{"id":"0d62a4c7-fdbe-47a6-9593-b33af68b0b99","block_type":"box","text":"affiliates (“MSCI”), or information providers (together the “MSCI Parties”)","page_number":3,"box":{"x":516,"y":612,"width":428,"height":9}},{"id":"ece5ebbd-35c1-4145-9a38-155b70020319","block_type":"box","text":"and may have been used to calculate scores, signals, or other indicators.","page_number":3,"box":{"x":516,"y":626,"width":427,"height":8}},{"id":"10b1aaed-cfa5-476f-9b40-fa4838c28830","block_type":"box","text":"The Information is for internal use only and may not be reproduced or","page_number":3,"box":{"x":515,"y":638,"width":411,"height":9}},{"id":"efd282bc-cbf7-41e2-8c8a-357c1125304c","block_type":"box","text":"disseminated in whole or part without prior written permission. The","page_number":3,"box":{"x":516,"y":651,"width":395,"height":9}},{"id":"42f9d0fd-7e73-4e8f-a64d-caede73e888a","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":664,"width":411,"height":9}},{"id":"6c63df2c-b329-4e72-9df7-95e04120f010","block_type":"box","text":"or sell, or a promotion or recommendation of, any security, financial","page_number":3,"box":{"x":516,"y":677,"width":396,"height":8}},{"id":"2b5f22f8-9eef-4991-82bd-8fd62703a3d7","block_type":"box","text":"instrument or product, trading strategy, or index, nor should it be taken as","page_number":3,"box":{"x":516,"y":690,"width":433,"height":8}},{"id":"8cccf442-b934-4b64-8c3c-c51aaa5ec74e","block_type":"box","text":"an indication or guarantee of any future performance. Some funds may","page_number":3,"box":{"x":516,"y":702,"width":420,"height":9}},{"id":"007f68ad-83b0-4f46-bcb4-c4c804f5db92","block_type":"box","text":"be based on or linked to MSCI indexes, and MSCI may be compensated","page_number":3,"box":{"x":516,"y":715,"width":422,"height":9}},{"id":"388b337c-a98d-4476-b61d-3bdcbb3811ee","block_type":"box","text":"based on the fund’s assets under management or other measures.","page_number":3,"box":{"x":516,"y":728,"width":392,"height":9}},{"id":"4a46239c-b110-4f3c-8c04-81525c0fa96a","block_type":"box","text":"MSCI has established an information barrier between index research","page_number":3,"box":{"x":516,"y":741,"width":407,"height":7}},{"id":"64a42133-9f77-4c3f-88e4-bf9cb6819aa5","block_type":"box","text":"and certain Information. None of the Information in and of itself can be","page_number":3,"box":{"x":516,"y":754,"width":413,"height":7}},{"id":"0e460fd3-cd8e-45ac-880f-d355cfedb5a8","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":767,"width":412,"height":8}},{"id":"7b7ae7fa-18f3-4099-9c1a-2938aee809a4","block_type":"box","text":"them. The Information is provided “as is” and the user assumes the entire","page_number":3,"box":{"x":515,"y":779,"width":431,"height":9}},{"id":"50d73031-6627-4090-a4a1-0f1595a84adf","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":792,"width":398,"height":9}},{"id":"0c22190b-c3c7-4b74-93d2-3df9f38359ac","block_type":"box","text":"No MSCI Party warrants or guarantees the originality, accuracy and/","page_number":3,"box":{"x":516,"y":805,"width":403,"height":9}},{"id":"92a1a694-3778-49a8-b2fe-1978a118cc88","block_type":"box","text":"or completeness of the Information and each expressly disclaims all","page_number":3,"box":{"x":516,"y":818,"width":401,"height":9}},{"id":"72c22b74-f53b-49c0-84d9-c0fae183ab53","block_type":"box","text":"express or implied warranties. No MSCI Party shall have any liability for","page_number":3,"box":{"x":516,"y":831,"width":418,"height":8}},{"id":"030af4b8-8360-4c30-9e47-498bbd7f29c8","block_type":"box","text":"any errors or omissions in connection with any Information herein, or any","page_number":3,"box":{"x":516,"y":844,"width":428,"height":8}},{"id":"d6d566ac-2756-45e0-8435-4793e3c544e5","block_type":"box","text":"liability for any direct, indirect, special, punitive, consequential or any","page_number":3,"box":{"x":516,"y":856,"width":405,"height":9}},{"id":"03e7f87f-63e1-47f9-af8b-43436fc2729c","block_type":"box","text":"other damages (including lost profits) even if notified of the possibility of","page_number":3,"box":{"x":516,"y":869,"width":426,"height":9}},{"id":"f47d6232-5631-47bc-b633-4fb6b22c1873","block_type":"box","text":"such damages.","page_number":3,"box":{"x":515,"y":882,"width":89,"height":9}},{"id":"5b737918-44a3-47cf-b251-91758e4e94de","block_type":"box","text":"The returns on a portfolio of securities which exclude companies that do","page_number":3,"box":{"x":515,"y":900,"width":429,"height":8}},{"id":"0a0579b6-ffed-45a9-b5b8-95b695053b16","block_type":"box","text":"not meet the portfolio’s sustainable strategy criteria may trail the returns","page_number":3,"box":{"x":516,"y":912,"width":428,"height":9}},{"id":"97e5a4c8-4e0f-494f-9fc5-bdc27c0af1b6","block_type":"box","text":"on a portfolio of securities which include such companies. A portfolio’s","page_number":3,"box":{"x":516,"y":925,"width":415,"height":9}},{"id":"99b6a0ef-ec6b-4c4e-99c1-3bd798292d01","block_type":"box","text":"Report ID: 5593188.1","page_number":3,"box":{"x":362,"y":968,"width":113,"height":9}},{"id":"d6905e54-daf0-43d5-b111-b6f977f5c273","block_type":"box","text":"Published: 12 Sep 2026","page_number":3,"box":{"x":496,"y":968,"width":129,"height":9}},{"id":"c92f1d45-9be8-4e62-8445-ec24e728ac88","block_type":"box","text":"P","page_number":3,"box":{"x":899,"y":968,"width":5,"height":6}},{"id":"f496cd6f-d00e-4987-88f4-2306c578ff8e","block_type":"box","text":"a","page_number":3,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"b5d11ccb-8995-4fd5-a1f5-53096af6e608","block_type":"box","text":"g","page_number":3,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"d0837100-71ce-4c19-b99f-1b660759e548","block_type":"box","text":"e","page_number":3,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"e28f19bb-d75a-4637-8a79-4c354f82f049","block_type":"box","text":"3","page_number":3,"box":{"x":924,"y":968,"width":5,"height":6}},{"id":"46059885-70f2-4cf0-b2c2-ffe9dbafe59d","block_type":"box","text":"of","page_number":3,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"97bae8e4-ccc8-4b55-87ec-929377506e99","block_type":"box","text":"4","page_number":3,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"99c1d50b-179d-4bd5-8085-829723924a2f","block_type":"box","text":"sustainable strategy criteria may result in the portfolio investing in","page_number":4,"box":{"x":47,"y":36,"width":389,"height":8}},{"id":"c61c2f78-41f2-4d71-87e8-c178fa7c451f","block_type":"box","text":"industry sectors or securities which underperform the market as a whole.","page_number":4,"box":{"x":47,"y":48,"width":433,"height":9}},{"id":"f63dd16a-160d-4203-9136-ab13a23db571","block_type":"box","text":"For AIFMD Funds where applicable:","page_number":4,"box":{"x":47,"y":66,"width":225,"height":9}},{"id":"d88f1bfc-3044-4592-a49c-2eec77591715","block_type":"box","text":"For Professional Client/Qualified Investor Use Only in the","page_number":4,"box":{"x":47,"y":83,"width":361,"height":9}},{"id":"91509e05-2a76-4223-b027-297ea432a444","block_type":"box","text":"Switzerland, Netherlands, Sweden and United Kingdom. Not for","page_number":4,"box":{"x":47,"y":96,"width":403,"height":9}},{"id":"acbedc0b-b4ee-41da-ae72-6e3644193a9c","block_type":"box","text":"public distribution.","page_number":4,"box":{"x":47,"y":109,"width":120,"height":9}},{"id":"f852936f-6dc4-4620-b84d-0dd0a43a047a","block_type":"box","text":"In the UK, this document has been issued by State Street Global Advisors","page_number":4,"box":{"x":47,"y":127,"width":434,"height":8}},{"id":"98184b98-fb11-4cac-9c64-660c43669f9f","block_type":"box","text":"Limited (“SSGAL”). Authorized and regulated by the Financial Conduct","page_number":4,"box":{"x":47,"y":139,"width":419,"height":9}},{"id":"a4b69224-90e7-4dc4-b3bc-ecd5e7547006","block_type":"box","text":"Authority, Registered No.2509928. VAT No. 5776591 81. Registered","page_number":4,"box":{"x":47,"y":152,"width":398,"height":9}},{"id":"2c14455e-6911-4838-91c9-3417bbcdb6db","block_type":"box","text":"office: 20 Churchill Place, Canary Wharf, London, E14 5HJ. Telephone:","page_number":4,"box":{"x":47,"y":165,"width":413,"height":9}},{"id":"12b4c445-4057-4c64-8dcd-5eafa6757fc0","block_type":"box","text":"020 3395 6000. Facsimile: 020 3395 6350 Web:","page_number":4,"box":{"x":47,"y":178,"width":292,"height":7}},{"id":"a031d98c-ae44-4df1-91ad-a4507dc7202c","block_type":"box","text":"www.ssga","page_number":4,"box":{"x":342,"y":180,"width":59,"height":7}},{"id":"10fbd878-4a72-42b2-83d5-6ba879d01c8a","block_type":"box","text":".com","page_number":4,"box":{"x":401,"y":180,"width":28,"height":5}},{"id":"e8c18a4b-30a6-43a3-a408-416d06351f6a","block_type":"box","text":".","page_number":4,"box":{"x":431,"y":184,"width":1,"height":1}},{"id":"0a75f8f5-a54a-4213-9e60-70b30d9de119","block_type":"box","text":"NOTICE TO PERSONS IN THE EUROPEAN ECONOMIC AREA","page_number":4,"box":{"x":47,"y":196,"width":388,"height":7}},{"id":"985e29d3-564e-4381-ab25-1000a53da2f8","block_type":"box","text":"(“EEA”)","page_number":4,"box":{"x":47,"y":208,"width":48,"height":8}},{"id":"7e9253ec-7571-44c4-9f1f-2e61a253c9e6","block_type":"box","text":"The fund is permitted to market into the relevant EEA jurisdiction","page_number":4,"box":{"x":47,"y":226,"width":385,"height":9}},{"id":"b926f57e-f009-4563-9049-e5b9bc1cf101","block_type":"box","text":"pursuant to either Article 42 of AIFMD (if and as implemented under","page_number":4,"box":{"x":47,"y":239,"width":403,"height":9}},{"id":"376ca583-1f9d-4fba-9150-91053f86cd28","block_type":"box","text":"national laws of such member state); or (ii) can otherwise be lawfully","page_number":4,"box":{"x":47,"y":252,"width":402,"height":8}},{"id":"d0817253-b188-41d2-8b5f-336b88debc32","block_type":"box","text":"offered or sold (including on the basis of an unsolicited request from a","page_number":4,"box":{"x":47,"y":264,"width":412,"height":9}},{"id":"0c70a135-57be-4e3d-905b-3498879d81b4","block_type":"box","text":"professional client/qualified investor).","page_number":4,"box":{"x":47,"y":277,"width":222,"height":9}},{"id":"e5cdce7c-1c4a-46e5-ac0c-cef23ed519e1","block_type":"box","text":"The Fund is an alternative investment fund for the purpose of the","page_number":4,"box":{"x":47,"y":295,"width":412,"height":9}},{"id":"1c82a2c0-4519-48b9-ab13-8bc13c9b52a5","block_type":"box","text":"European Union Alternative Investment Fund Managers Directive","page_number":4,"box":{"x":47,"y":308,"width":415,"height":9}},{"id":"ddbec699-bc1b-4014-88f9-01b3247acfbb","block_type":"box","text":"(Directive 2011/61/ EU) (the “AIFMD”). It is not a regulated collective","page_number":4,"box":{"x":47,"y":320,"width":427,"height":9}},{"id":"c20c1919-b537-483d-821c-d2625699b7a6","block_type":"box","text":"investment scheme for purposes of the Financial Services and","page_number":4,"box":{"x":47,"y":333,"width":395,"height":9}},{"id":"92523015-dd6b-4cfb-9ed9-7814f8530b2d","block_type":"box","text":"Markets Act 2000 of the United Kingdom (“FSMA”). The promotion","page_number":4,"box":{"x":47,"y":346,"width":426,"height":9}},{"id":"f2442b61-881d-4b18-9452-84f0d556c37b","block_type":"box","text":"of the fund and the distribution of this material in the UK is","page_number":4,"box":{"x":47,"y":359,"width":369,"height":7}},{"id":"fffac179-44c9-451a-8327-4c6deabd09ca","block_type":"box","text":"restricted by law to Professional Investors Only. The information","page_number":4,"box":{"x":47,"y":372,"width":409,"height":9}},{"id":"21cf08b5-1a2e-4999-b082-92bffbbde01a","block_type":"box","text":"provided does not constitute tax advice, investors should consult","page_number":4,"box":{"x":47,"y":385,"width":414,"height":8}},{"id":"ad2d09b7-8c0c-4962-9ccf-884ffeabe036","block_type":"box","text":"their tax advisors with respect to their particular tax situations and","page_number":4,"box":{"x":47,"y":398,"width":426,"height":8}},{"id":"cdb7b37f-efe9-4d8a-9516-bcd0bb02c625","block_type":"box","text":"the tax effects of an investment in the Fund.","page_number":4,"box":{"x":47,"y":410,"width":277,"height":7}},{"id":"4db508d2-8543-4889-97dd-11b398d0aa11","block_type":"box","text":"The fund is an alternative investment fund for the purpose of the","page_number":4,"box":{"x":512,"y":36,"width":409,"height":8}},{"id":"dcde888a-aacf-4425-96f1-e107a012ea66","block_type":"box","text":"European Union Alternative Investment Fund Managers Directive","page_number":4,"box":{"x":512,"y":49,"width":415,"height":8}},{"id":"3484b0a7-1c6c-4329-85d0-d6fa00d2bcf0","block_type":"box","text":"(Directive 2011/61/ EU) (“AIFMD”). SSGA Funds Management, Inc.","page_number":4,"box":{"x":512,"y":61,"width":414,"height":9}},{"id":"d4ddb9e0-d4b4-4124-b108-d1119a88a4d5","block_type":"box","text":"or State Street Global Advisors Trust Company is the alternative","page_number":4,"box":{"x":512,"y":74,"width":411,"height":9}},{"id":"47df5d7d-b954-4229-bc3f-17f23fc6270c","block_type":"box","text":"investment fund manager (“AIFM”) of the fund and is an affiliate of","page_number":4,"box":{"x":512,"y":87,"width":421,"height":9}},{"id":"8da2df53-2a35-4641-a237-1f0fa2cc8698","block_type":"box","text":"State Street Global Advisors Limited.","page_number":4,"box":{"x":512,"y":100,"width":237,"height":7}},{"id":"6e219a20-ad27-4825-865c-3e2321983cf5","block_type":"box","text":"For Switzerland Qualified Investor: The distribution of interests of U.S.","page_number":4,"box":{"x":512,"y":117,"width":409,"height":7}},{"id":"625cefcd-5916-4692-ad13-1ec71c47301b","block_type":"box","text":"SPDR ETFs in Switzerland will be exclusively made to, and directed at,","page_number":4,"box":{"x":512,"y":130,"width":413,"height":9}},{"id":"71a249e4-5fd9-4944-aca8-943602aafa12","block_type":"box","text":"qualified investors according to Article 10(3) and (3ter) of the Swiss","page_number":4,"box":{"x":512,"y":143,"width":396,"height":9}},{"id":"63c5c63c-928b-4509-b9f0-257f0279429c","block_type":"box","text":"Collective Investment Schemes Act (“CISA”) and its implementing","page_number":4,"box":{"x":512,"y":156,"width":391,"height":9}},{"id":"8b2df490-5dec-4e33-8a8c-0620e95c1eaf","block_type":"box","text":"ordinance. The legal documents of U.S. SPDR ETFs can be obtained free","page_number":4,"box":{"x":512,"y":169,"width":428,"height":8}},{"id":"6319dcdc-dfe4-47ef-921f-236466683d29","block_type":"box","text":"of charge from the representative in Switzerland. Swiss Representative","page_number":4,"box":{"x":512,"y":181,"width":419,"height":9}},{"id":"f3d7dd60-320b-486c-b347-aae5db5e2cc9","block_type":"box","text":"& Swiss Paying Agent: State Street Bank International GmbH","page_number":4,"box":{"x":512,"y":194,"width":359,"height":9}},{"id":"53fdb14e-0f56-4789-9f9d-e0549958e359","block_type":"box","text":"Kalanderplatz 5, 8045 Zürich, Switzerland Tel: +41 44 560 500.","page_number":4,"box":{"x":512,"y":207,"width":374,"height":9}},{"id":"6517b65d-7dcb-41ec-809f-90e1708a7780","block_type":"box","text":"SSGA Funds Management, Inc. serves as the investment advisor to the","page_number":4,"box":{"x":512,"y":225,"width":419,"height":8}},{"id":"7497246e-cf08-4882-b7f6-ae398e67f9f1","block_type":"box","text":"SPDR ETFs that are registered with the United States Securities and","page_number":4,"box":{"x":512,"y":237,"width":403,"height":9}},{"id":"d3ffcee1-d622-452e-9f6f-d05060b4dfd6","block_type":"box","text":"Exchange Commission under the Investment Company Act of 1940.","page_number":4,"box":{"x":512,"y":250,"width":402,"height":9}},{"id":"032b99d0-b13f-45bb-b300-031ed126c46a","block_type":"box","text":"SSGA Funds Management, Inc. is an affiliate of State Street Global","page_number":4,"box":{"x":512,"y":263,"width":391,"height":9}},{"id":"02f003f2-9644-4468-b15d-a174eac21f83","block_type":"box","text":"Advisors Limited.","page_number":4,"box":{"x":511,"y":276,"width":104,"height":7}},{"id":"b144be49-f5f0-47ce-a3e8-f16da443c302","block_type":"box","text":"Before investing, consider the funds’ investment objectives, risks,","page_number":4,"box":{"x":512,"y":294,"width":416,"height":8}},{"id":"f3acde25-5eb4-47b7-9b8a-9cc325a2216f","block_type":"box","text":"charges and expenses. To obtain a prospectus which contains","page_number":4,"box":{"x":512,"y":307,"width":393,"height":8}},{"id":"145254a2-0c4f-4d48-9fea-7d707ea0de04","block_type":"box","text":"this and other information, visit ssga.com or talk to your financial","page_number":4,"box":{"x":511,"y":319,"width":412,"height":9}},{"id":"e4a53ae9-afd7-4ff4-9943-1be00667f054","block_type":"box","text":"advisor. Read it carefully before investing.","page_number":4,"box":{"x":512,"y":332,"width":266,"height":9}},{"id":"817117dd-3000-4dbd-a0a4-7884afaa06b7","block_type":"box","text":"© 2026 State Street Corporation - All Rights Reserved.","page_number":4,"box":{"x":512,"y":358,"width":326,"height":8}},{"id":"c5316ea1-3209-45e0-8818-b8b5fd8dfc97","block_type":"box","text":"Tracking Code : 8886773.1.1.EMEA.INST","page_number":4,"box":{"x":512,"y":371,"width":235,"height":8}},{"id":"8ece634a-14af-4262-92b8-9ac90d12c98f","block_type":"box","text":"Expiration Date : 04.30.2027","page_number":4,"box":{"x":512,"y":383,"width":170,"height":9}},{"id":"f34a453c-b220-4412-b83e-848cf1461bf8","block_type":"box","text":"State Street Global Advisors Worldwide Ent","page_number":4,"box":{"x":512,"y":396,"width":259,"height":7}},{"id":"2dd90363-c4ae-4e54-91d7-f2bfb62f030f","block_type":"box","text":"ities","page_number":4,"box":{"x":772,"y":396,"width":23,"height":7}},{"id":"56eb38f6-5305-413e-b041-9255505b58fa","block_type":"box","text":"Report ID: 5593188.1","page_number":4,"box":{"x":362,"y":968,"width":113,"height":9}},{"id":"364f5a13-6b09-451a-820e-a17fee4d615e","block_type":"box","text":"Published: 12 Sep 2026","page_number":4,"box":{"x":496,"y":968,"width":129,"height":9}},{"id":"85997618-9b16-419c-8b0e-66b8bc067ad8","block_type":"box","text":"P","page_number":4,"box":{"x":898,"y":968,"width":6,"height":6}},{"id":"a3668c7e-7697-4439-8ea6-27a4810de74e","block_type":"box","text":"a","page_number":4,"box":{"x":904,"y":970,"width":6,"height":4}},{"id":"86185088-749e-4453-93ec-48bf5c6d461b","block_type":"box","text":"g","page_number":4,"box":{"x":910,"y":970,"width":5,"height":5}},{"id":"3de9c8c2-12bb-42af-8dbc-8e6ef95d7ba1","block_type":"box","text":"e","page_number":4,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"5ad39340-a071-46bf-ba02-0ba155c2d0d3","block_type":"box","text":"4","page_number":4,"box":{"x":923,"y":968,"width":7,"height":6}},{"id":"1a3710ba-8629-4a70-a9da-8be1235e56f3","block_type":"box","text":"of","page_number":4,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"c7712c13-bf5d-43dc-b863-f82853a925e0","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":"c3b94d31-5224-4d82-b7d4-fdcbf6e95c40"},"user_id":1000002,"date_created":"2026-10-05T20:49:53.716000Z","date_modified":"2026-10-05T20:49:53.716000Z","private":false}