{"annotation_id":"e8b307a9-57e2-44fc-86df-c7b4b29433e9","file_hash":"e1005ee19b7da4c53163b68c9e9a3eb58eb570ddc931e107e6f4485a3903e524","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"ce366801-5c67-45d4-b562-1197efd20d0d","block_type":"box","text":"SPDR® Bloomberg 10+ Year U.S.","page_number":1,"box":{"x":51,"y":71,"width":554,"height":23}},{"id":"bc828ebf-aef5-407e-a7ce-1bea4681c385","block_type":"box","text":"Treasury Bond UCITS ETF (Dist)","page_number":1,"box":{"x":51,"y":104,"width":554,"height":24}},{"id":"0dee1452-1e3d-454e-ac16-a395f5867ddb","block_type":"box","text":"Asset Class","page_number":1,"box":{"x":754,"y":46,"width":58,"height":6}},{"id":"364ed821-5433-4741-8361-e48a02ebe018","block_type":"box","text":"Fixed Income","page_number":1,"box":{"x":754,"y":62,"width":71,"height":5}},{"id":"47608eaf-6b80-4273-94f2-334c0d173f3f","block_type":"box","text":"Fund Identifier","page_number":1,"box":{"x":754,"y":92,"width":72,"height":6}},{"id":"17650424-af03-469b-a9ab-dee46ea33da3","block_type":"box","text":"IE00BYSZ5V04","page_number":1,"box":{"x":754,"y":106,"width":86,"height":6}},{"id":"a0958386-9b4c-4e6a-a49a-ede441bc5c11","block_type":"box","text":"As of 31 Oct 2025","page_number":1,"box":{"x":753,"y":136,"width":92,"height":6}},{"id":"0af61d40-ad82-4d9d-ba15-31440cc6e485","block_type":"box","text":"The information presented is intend to provide transparency to investors around sustainability characteristics of the fund. Presenting this information should not be construed as a","page_number":1,"box":{"x":50,"y":182,"width":883,"height":7}},{"id":"2967aa70-8481-49b1-a320-f7dd14e76b68","block_type":"box","text":"representation of the fund’s current or future investment objective, nor should it be viewed as an indicator of the fund manager’s current or future investment decision-making.","page_number":1,"box":{"x":51,"y":192,"width":860,"height":8}},{"id":"5f5c4de7-6e69-412c-aca0-78145ccb459e","block_type":"box","text":"Source: State Street Investment Management, MSCI, CBI. Holdings as of 31 Oct 2025,","page_number":1,"box":{"x":50,"y":228,"width":424,"height":7}},{"id":"18bd06f9-299c-432a-bdba-114cab1c9b58","block_type":"box","text":"sustainability data as of 30 Sep 2025.","page_number":1,"box":{"x":50,"y":238,"width":188,"height":8}},{"id":"a71f56b4-f4b4-46d1-b211-cf88dd21926c","block_type":"box","text":"See Glossary for definitions and detailed calculation notes such as missing data","page_number":1,"box":{"x":50,"y":247,"width":393,"height":8}},{"id":"a30be3e1-af57-43c2-aedc-e99137b06ab9","block_type":"box","text":"treatment, data lag and exclusions. The results are estimates based on assumptions","page_number":1,"box":{"x":50,"y":258,"width":416,"height":7}},{"id":"43d0979d-5772-4cfd-a884-8485b5a07556","block_type":"box","text":"and analysis made by State Street Investment Management. They are not intended to","page_number":1,"box":{"x":50,"y":269,"width":423,"height":7}},{"id":"b5b20f66-60db-4623-8ea8-134fa149b526","block_type":"box","text":"represent actual results of any offering.","page_number":1,"box":{"x":51,"y":279,"width":192,"height":8}},{"id":"68742847-b44f-4acd-bf52-d8c2aa566212","block_type":"box","text":"Actual results may differ.","page_number":1,"box":{"x":50,"y":291,"width":123,"height":7}},{"id":"d67b5a83-7aa7-4905-8a43-9630d63b83c2","block_type":"box","text":"Green Bonds","page_number":1,"box":{"x":50,"y":332,"width":97,"height":8}},{"id":"ee6d203a-f1ae-4f7c-8934-7ae145a9db31","block_type":"box","text":"0.00%","page_number":1,"box":{"x":111,"y":362,"width":51,"height":8}},{"id":"6b5210fa-dc25-4b70-9709-594f960e6789","block_type":"box","text":"Adverse Sustainability Indicator","page_number":1,"box":{"x":50,"y":411,"width":241,"height":10}},{"id":"54baac87-a48b-47ab-a157-9a4290126635","block_type":"box","text":"Sovereign - Additional Social","page_number":1,"box":{"x":50,"y":437,"width":154,"height":7}},{"id":"538d4efc-09a6-4c39-82ed-fc9145345b3d","block_type":"box","text":"Average Income Inequality Score","page_number":1,"box":{"x":50,"y":485,"width":165,"height":7}},{"id":"2f997dad-2ed2-460d-80ab-fac768d8b601","block_type":"box","text":"40.30","page_number":1,"box":{"x":359,"y":486,"width":38,"height":6}},{"id":"69fc3f70-faae-4796-b89b-9bd58913f106","block_type":"box","text":"Average Freedom Of Expression Score","page_number":1,"box":{"x":50,"y":501,"width":195,"height":7}},{"id":"ba776101-3df9-447e-8d98-6bd852db4a5d","block_type":"box","text":"66.00","page_number":1,"box":{"x":359,"y":502,"width":38,"height":6}},{"id":"40156df7-f363-437f-87a3-400c5f817c58","block_type":"box","text":"Sovereign - Governance","page_number":1,"box":{"x":50,"y":522,"width":129,"height":8}},{"id":"e64738d7-9689-408b-9520-4a4d68268cd4","block_type":"box","text":"Average Corruption Score","page_number":1,"box":{"x":50,"y":570,"width":131,"height":7}},{"id":"f663e30a-c776-4a6b-9894-4d008ec6f912","block_type":"box","text":"65.00","page_number":1,"box":{"x":359,"y":571,"width":38,"height":6}},{"id":"28202e5b-092e-4f66-94f3-0093c196377c","block_type":"box","text":"Sovereign - Jurisdictions","page_number":1,"box":{"x":50,"y":592,"width":133,"height":7}},{"id":"a5c52e63-b2ac-48b8-aebb-6a8b805f54f2","block_type":"box","text":"Average Political Stability Score","page_number":1,"box":{"x":50,"y":640,"width":159,"height":7}},{"id":"6c63bc60-2f11-4253-92a0-af3fc7f8c3a2","block_type":"box","text":"5.55","page_number":1,"box":{"x":367,"y":641,"width":30,"height":6}},{"id":"b73337a5-a6ba-407c-be3b-bf0bf5706d23","block_type":"box","text":"Average Rule Of Law Score","page_number":1,"box":{"x":50,"y":655,"width":136,"height":8}},{"id":"eda99e60-31f3-4f96-addb-f210190b4a24","block_type":"box","text":"1.33","page_number":1,"box":{"x":367,"y":656,"width":30,"height":6}},{"id":"b710caba-a175-4351-9bb4-3e5885d0ee29","block_type":"box","text":"ESG Score","page_number":1,"box":{"x":535,"y":228,"width":79,"height":8}},{"id":"9c935f9c-c264-464c-9c3c-54dc3faffef4","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":608,"y":251,"width":41,"height":6}},{"id":"4e90e292-aa60-4937-a4bd-e2f4a972984e","block_type":"box","text":"5.78","page_number":1,"box":{"x":609,"y":263,"width":79,"height":15}},{"id":"139ec428-981d-4541-aaff-73e6fcc14301","block_type":"box","text":"ESG Rating","page_number":1,"box":{"x":770,"y":228,"width":84,"height":10}},{"id":"f95c0e6f-b1fa-44c2-87cb-5a538020a59c","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":842,"y":251,"width":42,"height":6}},{"id":"6b490113-69c5-4e76-9281-e3cbdfffa4b5","block_type":"box","text":"A","page_number":1,"box":{"x":842,"y":263,"width":19,"height":15}},{"id":"611c066e-999c-4cd5-befd-903e64a82167","block_type":"box","text":"ESG Rating Distribution","page_number":1,"box":{"x":516,"y":333,"width":176,"height":10}},{"id":"626e0f9f-5b4a-4e41-8bcf-7c65d6b4c0fc","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":907,"y":357,"width":41,"height":6}},{"id":"26b6643a-f353-4a19-8ca8-14d19e5ea89c","block_type":"box","text":"ESG Leaders","page_number":1,"box":{"x":516,"y":371,"width":65,"height":6}},{"id":"4138226c-17d5-48e7-9410-694836eea70e","block_type":"box","text":"0.00%","page_number":1,"box":{"x":910,"y":372,"width":38,"height":6}},{"id":"890cfea0-ae36-4530-b940-4d5d67ada5f0","block_type":"box","text":"ESG Average","page_number":1,"box":{"x":516,"y":387,"width":66,"height":7}},{"id":"52afed5e-c88c-44cb-af2a-6661c9221357","block_type":"box","text":"100.00%","page_number":1,"box":{"x":896,"y":388,"width":52,"height":6}},{"id":"22e4dc55-1746-4bb6-8932-380b51824704","block_type":"box","text":"ESG Laggards","page_number":1,"box":{"x":516,"y":403,"width":71,"height":7}},{"id":"bac25edb-0fdd-425b-8695-c1daaf090c9d","block_type":"box","text":"0.00%","page_number":1,"box":{"x":910,"y":404,"width":38,"height":6}},{"id":"ceefb4bc-e70d-44bb-983e-24b3d70c115d","block_type":"box","text":"ESG Not Covered","page_number":1,"box":{"x":516,"y":418,"width":88,"height":6}},{"id":"e57da3ba-7256-4c14-843a-3c59589f290d","block_type":"box","text":"0.00%","page_number":1,"box":{"x":910,"y":420,"width":38,"height":5}},{"id":"514ff994-bd27-4af6-8cc6-7ab76280df34","block_type":"box","text":"Weighted Average Carbon Intensity","page_number":1,"box":{"x":515,"y":456,"width":268,"height":10}},{"id":"ab7d83dc-25d5-4878-9dee-a6cc736fc6c1","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":760,"y":492,"width":39,"height":6}},{"id":"1633968c-af41-4044-b3bc-d5ceccbf7921","block_type":"box","text":"Coverage %","page_number":1,"box":{"x":892,"y":482,"width":56,"height":7}},{"id":"9e6651cb-5b9d-4da0-933e-aa823b10af96","block_type":"box","text":"MV Portfolio","page_number":1,"box":{"x":891,"y":492,"width":57,"height":6}},{"id":"fa088b5b-6706-43d8-aeb8-65cb284c9c12","block_type":"box","text":"Scope 1 Exclude LULUCF","page_number":1,"box":{"x":515,"y":506,"width":118,"height":7}},{"id":"b9a3675d-b481-484f-963b-e51b79adc600","block_type":"box","text":"222.34","page_number":1,"box":{"x":757,"y":507,"width":42,"height":5}},{"id":"925ec59d-7dba-470f-b08f-c8232de9f4a8","block_type":"box","text":"100.00","page_number":1,"box":{"x":906,"y":507,"width":42,"height":5}},{"id":"f50990f8-26cf-45b2-9af0-cf11fd43e69c","block_type":"box","text":"Scope 1 Include LULUCF","page_number":1,"box":{"x":515,"y":521,"width":115,"height":7}},{"id":"fa8f331f-64d4-442b-9283-5fb305bf34fb","block_type":"box","text":"196.98","page_number":1,"box":{"x":757,"y":522,"width":42,"height":6}},{"id":"13a747df-7a92-4236-8121-615037ae08a9","block_type":"box","text":"100.00","page_number":1,"box":{"x":906,"y":522,"width":42,"height":6}},{"id":"6c60f3db-0ad9-49cb-a177-2fe2222a8743","block_type":"box","text":"Consumption","page_number":1,"box":{"x":516,"y":537,"width":62,"height":6}},{"id":"a8f6f9f0-1e3d-4699-bb42-97f38bdf73bb","block_type":"box","text":"246.42","page_number":1,"box":{"x":757,"y":538,"width":41,"height":5}},{"id":"f27460b8-e49e-4cfc-8f03-fa710ebbe697","block_type":"box","text":"100.00","page_number":1,"box":{"x":906,"y":538,"width":42,"height":5}},{"id":"23a7dbcf-69b3-42d6-9184-e245ecdfc0f6","block_type":"box","text":"Total Carbon Emissions","page_number":1,"box":{"x":516,"y":574,"width":177,"height":8}},{"id":"fdcfd08c-162e-4594-be19-ea71324d6795","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":757,"y":609,"width":42,"height":6}},{"id":"8552c5b6-35f9-48d5-a511-a9693e76d9e5","block_type":"box","text":"Coverage %","page_number":1,"box":{"x":888,"y":599,"width":60,"height":7}},{"id":"85fa2024-5cf9-45d7-b377-73f8d9ada6af","block_type":"box","text":"MV Portfolio","page_number":1,"box":{"x":887,"y":609,"width":61,"height":6}},{"id":"05607145-ad0c-431a-a901-64973a2eaa3f","block_type":"box","text":"Scope 1 Exclude LULUCF","page_number":1,"box":{"x":516,"y":623,"width":126,"height":8}},{"id":"19caf3b5-bbe8-4476-8e62-f964524e59b6","block_type":"box","text":"23,695.52","page_number":1,"box":{"x":730,"y":625,"width":68,"height":7}},{"id":"6a228c28-c40d-4aae-a71f-488d68e13b0a","block_type":"box","text":"100.00","page_number":1,"box":{"x":903,"y":625,"width":45,"height":6}},{"id":"0aa8b425-8557-4fb2-b790-b7e1778c3129","block_type":"box","text":"Scope 1 Include LULUCF","page_number":1,"box":{"x":516,"y":639,"width":122,"height":7}},{"id":"c9181443-ff81-4748-94a4-8c4a373604f5","block_type":"box","text":"20,992.91","page_number":1,"box":{"x":730,"y":640,"width":69,"height":8}},{"id":"01c75695-501c-4f42-a404-a7a52c20b7a1","block_type":"box","text":"100.00","page_number":1,"box":{"x":903,"y":640,"width":45,"height":6}},{"id":"746c8ac0-bff4-481d-9532-e09b9eb480fe","block_type":"box","text":"Consumption","page_number":1,"box":{"x":516,"y":655,"width":67,"height":7}},{"id":"9517b4f3-5716-4e63-ab12-f8db3c3b9396","block_type":"box","text":"26,262.23","page_number":1,"box":{"x":730,"y":656,"width":68,"height":7}},{"id":"dd4f0ac8-0476-462b-a1a9-12e766a4b3f1","block_type":"box","text":"100.00","page_number":1,"box":{"x":903,"y":656,"width":45,"height":6}},{"id":"1de0ad68-7a06-4361-89d8-c5c61286476d","block_type":"box","text":"Government Freedom Status","page_number":1,"box":{"x":516,"y":692,"width":221,"height":8}},{"id":"58d876b2-294c-4ee0-8418-fee051e52b73","block_type":"box","text":"(Market Value)","page_number":1,"box":{"x":516,"y":707,"width":63,"height":5}},{"id":"ffb9126c-d1d6-4af6-9c07-493d8ebd422e","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":624,"y":737,"width":39,"height":5}},{"id":"219bad67-3e93-4d7b-88f1-a4dadf834a15","block_type":"box","text":"Free","page_number":1,"box":{"x":533,"y":756,"width":20,"height":6}},{"id":"bd24a4c1-96fc-43b3-9384-b77db5718930","block_type":"box","text":"100.00%","page_number":1,"box":{"x":609,"y":757,"width":53,"height":6}},{"id":"c6c84362-5aa4-4c96-8d9f-d530534a3074","block_type":"box","text":"Partially Free","page_number":1,"box":{"x":533,"y":776,"width":60,"height":7}},{"id":"1e41e7dd-a47f-4bf4-b51e-80eaa1bd30bb","block_type":"box","text":"0.00%","page_number":1,"box":{"x":624,"y":777,"width":38,"height":6}},{"id":"b4ec0fa6-0124-48fb-b10e-c4ee20e27807","block_type":"box","text":"Not Free","page_number":1,"box":{"x":533,"y":796,"width":39,"height":6}},{"id":"4939496a-0228-40eb-8170-71f2c7987c92","block_type":"box","text":"0.00%","page_number":1,"box":{"x":624,"y":797,"width":38,"height":6}},{"id":"4a746292-969c-43c6-a2b4-273b93bb79a1","block_type":"box","text":"No Data","page_number":1,"box":{"x":533,"y":816,"width":37,"height":6}},{"id":"e2bf965b-4c9c-4951-9567-fb94e22da35c","block_type":"box","text":"0.00%","page_number":1,"box":{"x":624,"y":817,"width":38,"height":6}},{"id":"bd5a347a-1a10-43c6-b92f-7feec7db84eb","block_type":"box","text":"Report ID: 5088566.1","page_number":1,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"f6d7d3cf-6603-421c-96f4-076a217726a3","block_type":"box","text":"Published: 18 Nov 2025","page_number":1,"box":{"x":496,"y":968,"width":129,"height":7}},{"id":"613e871e-de85-4cc4-9df9-904d38290848","block_type":"box","text":"P","page_number":1,"box":{"x":902,"y":968,"width":5,"height":6}},{"id":"e21b3af0-3d97-4d4c-a4bb-a9cec0edbd60","block_type":"box","text":"a","page_number":1,"box":{"x":908,"y":970,"width":5,"height":4}},{"id":"48f0f1d8-e6a1-4558-acaa-68bc87765262","block_type":"box","text":"g","page_number":1,"box":{"x":913,"y":970,"width":6,"height":5}},{"id":"09fffce5-7457-4d6f-b7d0-2378363e6f6c","block_type":"box","text":"e","page_number":1,"box":{"x":919,"y":970,"width":5,"height":4}},{"id":"363c3713-eb91-46a2-be7b-3f8fbb93cf9b","block_type":"box","text":"1","page_number":1,"box":{"x":927,"y":968,"width":2,"height":6}},{"id":"e042a693-d4a6-40d4-be10-dcf8ac08dc3f","block_type":"box","text":"of","page_number":1,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"371f0e6b-be6e-4837-98ad-801c96f28f78","block_type":"box","text":"5","page_number":1,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"69ba7f9b-788b-4bbe-ad75-58ca449a471b","block_type":"box","text":"Glossary","page_number":2,"box":{"x":51,"y":57,"width":129,"height":19}},{"id":"38ea9200-cfe2-4b9c-85d5-ee014199da91","block_type":"box","text":"Sustainability data is as of the date identified in the report sections","page_number":2,"box":{"x":50,"y":92,"width":394,"height":9}},{"id":"2d0fce19-e156-4a87-a29d-971729b43c74","block_type":"box","text":"above, usually on a month lag. All metrics are reported in USD unless","page_number":2,"box":{"x":50,"y":105,"width":406,"height":9}},{"id":"56b9dc36-b86e-4837-a048-d83f554b5ec9","block_type":"box","text":"otherwise stated.","page_number":2,"box":{"x":50,"y":118,"width":102,"height":7}},{"id":"b94a5b72-f7e7-40ab-bc5f-156cc53066d3","block_type":"box","text":"Data Treatments:","page_number":2,"box":{"x":51,"y":135,"width":111,"height":7}},{"id":"6caef908-b5f2-43a3-b8bd-89edb1410a45","block_type":"box","text":"State Street applies the data treatments where appli","page_number":2,"box":{"x":168,"y":135,"width":310,"height":9}},{"id":"018db3ee-b46d-4bd9-a2a4-719748745f4e","block_type":"box","text":"cable to Sustainability Metrics. To review the data treatments and the","page_number":2,"box":{"x":50,"y":148,"width":413,"height":9}},{"id":"289e46b7-33cd-4225-85e9-b913b3512f2e","block_type":"box","text":"metrics they are applied to please see the data treatments table below.","page_number":2,"box":{"x":51,"y":161,"width":419,"height":9}},{"id":"a0b4b2a8-6f59-464a-b179-bc599a136111","block_type":"box","text":"ESG Score/ESG Rating - MSCI:","page_number":2,"box":{"x":51,"y":178,"width":194,"height":9}},{"id":"06849017-7bab-43dc-8214-b1651bbd1e7b","block_type":"box","text":"Provide an opinion of sovereign and","page_number":2,"box":{"x":249,"y":178,"width":210,"height":9}},{"id":"c44e08d3-b1b4-4509-9b9e-bcc3e6b9e8a4","block_type":"box","text":"sub-sovereign entities’ exposure to and management of ESG risks. MSCI","page_number":2,"box":{"x":50,"y":191,"width":429,"height":9}},{"id":"b6a2b316-be7f-4c02-83f8-cdbbe12cff3b","block_type":"box","text":"ESG Research defines ESG risks to sovereign or sub sovereign entities","page_number":2,"box":{"x":51,"y":204,"width":417,"height":9}},{"id":"08bc033e-7a0e-448f-abd7-c7335b60eb13","block_type":"box","text":"as environmental, social, or governance-related issues that could impact","page_number":2,"box":{"x":50,"y":217,"width":430,"height":9}},{"id":"edae5425-f252-442c-b5a1-2525eef20e1e","block_type":"box","text":"the long-term sustainability of their economies. MSCI ESG Government","page_number":2,"box":{"x":50,"y":230,"width":423,"height":9}},{"id":"cc108c65-439a-4858-b2fc-235b64825343","block_type":"box","text":"Ratings are determined for countries, local authorities, and supranational","page_number":2,"box":{"x":51,"y":243,"width":431,"height":8}},{"id":"d6c67e21-6bb8-49bb-935f-525b47c5d66b","block_type":"box","text":"administrative bodies and are relative to a global peer set. Each rating","page_number":2,"box":{"x":50,"y":256,"width":413,"height":8}},{"id":"0127df06-9692-40a7-b351-c7cbadefacec","block_type":"box","text":"takes into consideration measures of environmental risk and manage","page_number":2,"box":{"x":50,"y":268,"width":410,"height":9}},{"id":"a47fdae8-06cb-4908-8b9c-588bc028b714","block_type":"box","text":"ment, knowledge and social capital, and the strength of financial, judicial,","page_number":2,"box":{"x":51,"y":281,"width":428,"height":9}},{"id":"ce3b86c2-0ea4-41c7-98a5-14ca8847e066","block_type":"box","text":"and political systems. ESG Government Scores are calculated for all","page_number":2,"box":{"x":50,"y":294,"width":404,"height":9}},{"id":"3d6443d8-2ce0-4c5f-ba2a-ca7946fa158c","block_type":"box","text":"countries and then converted into a letter rating. The AAA rating rep","page_number":2,"box":{"x":50,"y":307,"width":405,"height":9}},{"id":"d4816129-f5ab-4484-969e-8e3d808f55bc","block_type":"box","text":"resents the highest ESG Rating (i.e., lower ESG risk exposure and stron","page_number":2,"box":{"x":51,"y":319,"width":416,"height":9}},{"id":"98b6d594-0d18-4ae7-8473-a8cc25a4f1ec","block_type":"box","text":"ger risk management) whereas the CCC rating represents the lowest","page_number":2,"box":{"x":50,"y":332,"width":408,"height":9}},{"id":"d5860352-c3e9-4e9b-9a70-24760842f7a8","block_type":"box","text":"ESG Rating (i.e., higher ESG risk exposure and weaker risk management).","page_number":2,"box":{"x":51,"y":345,"width":432,"height":9}},{"id":"194c38f3-90f4-46eb-9c14-6ea2a3caccc0","block_type":"box","text":"ESG Ratings Distribution - MSCI","page_number":2,"box":{"x":51,"y":363,"width":203,"height":9}},{"id":"971cea59-9330-4117-925b-ad12be4b1b0b","block_type":"box","text":"ESG Leaders: Rated AAA or AA:","page_number":2,"box":{"x":78,"y":380,"width":203,"height":7}},{"id":"ec1e9dc7-1055-4c1f-a3cc-237d4a29cc59","block_type":"box","text":"Issuers(sovereign) that have","page_number":2,"box":{"x":285,"y":380,"width":167,"height":9}},{"id":"49cc73c6-8ed5-455b-b6fa-d41edaf3765c","block_type":"box","text":"strong management of financially relevant environmental, social and","page_number":2,"box":{"x":77,"y":393,"width":404,"height":9}},{"id":"f84ee299-edcc-45f1-be72-b0fa41f05b42","block_type":"box","text":"AA governance issues.","page_number":2,"box":{"x":77,"y":406,"width":135,"height":9}},{"id":"4d7df99f-9553-4fd9-a5e2-02170bf7401f","block_type":"box","text":"ESG Average: Rated A, BBB or BB:","page_number":2,"box":{"x":78,"y":424,"width":217,"height":8}},{"id":"cffea39a-7ee6-4e05-88c0-dfc7bd0a527f","block_type":"box","text":"Issuers(sovereign) that have","page_number":2,"box":{"x":299,"y":423,"width":166,"height":9}},{"id":"ab3a373e-364d-4121-86ba-2bc712f3154c","block_type":"box","text":"average management of ESG issues.","page_number":2,"box":{"x":77,"y":436,"width":217,"height":9}},{"id":"4e45bbaa-919a-4594-ae95-5c9fea149750","block_type":"box","text":"ESG Laggards: Rated B or CCC:","page_number":2,"box":{"x":78,"y":454,"width":199,"height":9}},{"id":"74d0bc9e-43e0-42fc-800c-7de4876fc85e","block_type":"box","text":"Issuers(sovereign) that do not","page_number":2,"box":{"x":282,"y":454,"width":175,"height":9}},{"id":"1eaace1a-863c-4531-9740-086f03d288ef","block_type":"box","text":"demonstrate adequate management of the financially relevant ESG","page_number":2,"box":{"x":77,"y":467,"width":400,"height":9}},{"id":"e63452d0-cd15-417d-b226-250c7f943a3c","block_type":"box","text":"risks that they face.","page_number":2,"box":{"x":78,"y":480,"width":114,"height":8}},{"id":"57c64baf-f33f-43e4-ab8c-4dfaa2a4ffc3","block_type":"box","text":"ESG Not Covered:","page_number":2,"box":{"x":78,"y":497,"width":113,"height":7}},{"id":"3abfaf40-1642-41d1-8e2b-b58769c18100","block_type":"box","text":"Issuers(sovereign) which have not been evaluat","page_number":2,"box":{"x":195,"y":497,"width":280,"height":9}},{"id":"0ec8c799-6cb4-4c56-b532-391fc0982834","block_type":"box","text":"ed for ESG sustainability risks.","page_number":2,"box":{"x":77,"y":510,"width":179,"height":9}},{"id":"a91c7d28-43f8-4996-959f-e0fc8b2fafd4","block_type":"box","text":"Green Bonds – CBI:","page_number":2,"box":{"x":50,"y":528,"width":123,"height":7}},{"id":"eac42020-50bd-48a6-96fc-4256787ff6d3","block_type":"box","text":"Market Value of Securities with Green Bonds as","page_number":2,"box":{"x":177,"y":528,"width":281,"height":7}},{"id":"4e25952f-1c7b-47b4-a1b7-b12f2c02e875","block_type":"box","text":"a Percentage of the Total Market Value of all Securities in the Portfolio.","page_number":2,"box":{"x":50,"y":540,"width":416,"height":9}},{"id":"ad57c876-196a-4d42-8c1d-c00735fb5fb3","block_type":"box","text":"Bonds are identified as green if they meet the criteria for Climate Bonds","page_number":2,"box":{"x":51,"y":553,"width":423,"height":9}},{"id":"786a9a20-8fd6-4886-b841-17962b85d10f","block_type":"box","text":"Initiative’s (CBI) green labelled database. For more information on the","page_number":2,"box":{"x":51,"y":566,"width":408,"height":9}},{"id":"a359c142-a7d1-446e-975c-93d11e1c65e1","block_type":"box","text":"Green Bond Database methodology, please visit","page_number":2,"box":{"x":50,"y":579,"width":286,"height":9}},{"id":"86c430d7-7913-4ae7-90a1-cc6dc60008a8","block_type":"box","text":"https://www.climate","page_number":2,"box":{"x":340,"y":579,"width":116,"height":9}},{"id":"1726336b-e6ea-40c7-b5fc-008e06cf91e6","block_type":"box","text":"bonds.net/data-insights/market-data/green-bond-dataset-methodology","page_number":2,"box":{"x":51,"y":592,"width":431,"height":9}},{"id":"1ad4d04e-1684-4b74-9ec1-bba8847533ee","block_type":"box","text":"Adverse Sustainability Indicators(Weighted Average) - MSCI","page_number":2,"box":{"x":50,"y":609,"width":387,"height":9}},{"id":"20831453-92e7-4896-84c1-628236824510","block_type":"box","text":"Average Income Inequality Score(Weighted):","page_number":2,"box":{"x":77,"y":627,"width":286,"height":9}},{"id":"b1abf140-9e44-4fd8-8a77-04f6103ba774","block_type":"box","text":"measures the","page_number":2,"box":{"x":367,"y":627,"width":80,"height":7}},{"id":"3091d752-65a8-44de-b9f9-028139b21150","block_type":"box","text":"extent to which the distribution of income (or, in some cases, con","page_number":2,"box":{"x":77,"y":640,"width":382,"height":8}},{"id":"433095a1-1bf9-44ec-90d2-8f0ba0f2f329","block_type":"box","text":"sumption expenditure) among individuals or households within an","page_number":2,"box":{"x":77,"y":652,"width":388,"height":9}},{"id":"263b1261-95d8-4181-92ae-ee2ebd360bcb","block_type":"box","text":"economy deviates from a perfectly equal distribution.","page_number":2,"box":{"x":77,"y":665,"width":317,"height":9}},{"id":"3a0dcb36-2a6e-4b16-9508-9f6a5f325d50","block_type":"box","text":"Average Corruption Score(Weighted):","page_number":2,"box":{"x":77,"y":683,"width":242,"height":9}},{"id":"e9ea8e01-2626-45ae-aa0d-46045b40b81f","block_type":"box","text":"Perceptions of public-sec","page_number":2,"box":{"x":324,"y":683,"width":151,"height":9}},{"id":"f7c13a38-978f-4681-ab52-6f6dfce715ad","block_type":"box","text":"tor corruption, including bribery, diversion of public funds, use of","page_number":2,"box":{"x":77,"y":696,"width":381,"height":9}},{"id":"7acdbd56-f9e0-42c1-acdb-fe775cc06d06","block_type":"box","text":"public office for private gain, nepotism in the civil service, state","page_number":2,"box":{"x":78,"y":709,"width":369,"height":8}},{"id":"e41181b0-8719-460b-ae32-857570f433f5","block_type":"box","text":"capture and mechanisms available to prevent corruption.","page_number":2,"box":{"x":77,"y":722,"width":339,"height":8}},{"id":"fefe9050-2b7b-4ed0-b68f-6be38f6c257c","block_type":"box","text":"Average Rule of Law Score(Weighted):","page_number":2,"box":{"x":77,"y":739,"width":245,"height":9}},{"id":"9a4d4488-5ee6-499f-9f60-fe4d9a0e9b08","block_type":"box","text":"measures the strength","page_number":2,"box":{"x":326,"y":739,"width":133,"height":9}},{"id":"d1c391b3-afe8-45c1-b703-8a5f77f587f5","block_type":"box","text":"and predictability of a country’s legal system and institutions. As","page_number":2,"box":{"x":77,"y":752,"width":379,"height":9}},{"id":"2a2bc263-3e3a-4756-b883-dc21497874cb","block_type":"box","text":"sesses factors like: Protection of property rights, Contract enforce","page_number":2,"box":{"x":77,"y":765,"width":392,"height":8}},{"id":"76e7528b-9a6a-45b4-81fa-2eb1966e5189","block_type":"box","text":"ment, Absence of corruption, Public safety and security.","page_number":2,"box":{"x":78,"y":778,"width":331,"height":8}},{"id":"82d54255-3785-4ee2-ba66-ca5b6fcecf53","block_type":"box","text":"Average Freedom of Expression Score(Weighted):","page_number":2,"box":{"x":77,"y":795,"width":319,"height":9}},{"id":"e0c61471-7f2b-42fc-84ef-b44336bb4b46","block_type":"box","text":"assesses","page_number":2,"box":{"x":399,"y":797,"width":55,"height":5}},{"id":"49af09c7-ec66-4e58-abf2-7c97e231893d","block_type":"box","text":"the extent to which countries and their citizens enjoy freedom of","page_number":2,"box":{"x":77,"y":808,"width":381,"height":9}},{"id":"8bb8d05b-b8dd-4ea7-9a9c-576340a364c5","block_type":"box","text":"expression. It evaluates the protection and promotion of fundamen","page_number":2,"box":{"x":77,"y":821,"width":395,"height":8}},{"id":"d73115bc-169a-4e12-9abf-23a8377ffd96","block_type":"box","text":"tal freedoms, including freedom of speech, press, assembly, and","page_number":2,"box":{"x":77,"y":834,"width":379,"height":8}},{"id":"abac27e2-3c84-4fcf-8dd7-cf8781e8919a","block_type":"box","text":"association.","page_number":2,"box":{"x":77,"y":847,"width":70,"height":6}},{"id":"81593ee4-cda4-4735-88e8-98a26eb6cdb5","block_type":"box","text":"Average Political Stability Score(Weighted):","page_number":2,"box":{"x":77,"y":864,"width":280,"height":9}},{"id":"8ec81699-1479-40ab-be7f-498079ad07bd","block_type":"box","text":"assesses the poten","page_number":2,"box":{"x":361,"y":864,"width":114,"height":9}},{"id":"ca434c7f-9022-4bf9-bf0e-d2d9060b0175","block_type":"box","text":"tial adverse impacts of investment decisions on sustainability fac","page_number":2,"box":{"x":77,"y":877,"width":385,"height":8}},{"id":"ca1115a8-658e-4ad3-a3b8-30f96608e708","block_type":"box","text":"tors. Analyzes various factors related to political stability, including","page_number":2,"box":{"x":77,"y":890,"width":393,"height":8}},{"id":"21bcd51e-0a01-4ea4-9b1b-b8f8d4efb0dd","block_type":"box","text":"government stability, internal conflict, and external conflict.","page_number":2,"box":{"x":77,"y":902,"width":350,"height":9}},{"id":"4075f4ae-b0da-4f7c-abda-cdc5c9319192","block_type":"box","text":"Sovereign - Weighted Average Carbon Intensity - MSCI:","page_number":2,"box":{"x":50,"y":920,"width":355,"height":9}},{"id":"963c5a09-13f4-4f21-9fc1-65a06e4d0cd2","block_type":"box","text":"Weighted","page_number":2,"box":{"x":409,"y":920,"width":56,"height":9}},{"id":"3058893d-b524-4d27-bccf-564dba0c452b","block_type":"box","text":"Average Carbon Intensity (WACI) evaluates a portfolio’s relative expo","page_number":2,"box":{"x":515,"y":92,"width":409,"height":9}},{"id":"d00cdb7d-145c-4213-80aa-7ec33c0f0cdf","block_type":"box","text":"sure to carbon intensive economies. Portfolio-weighted GHG emis","page_number":2,"box":{"x":515,"y":105,"width":393,"height":9}},{"id":"665af796-6c8e-4572-99fd-ef03eb1f29bd","block_type":"box","text":"sions per sovereign GDP. (PPP GDP (PPP-adjusted GDP of the country","page_number":2,"box":{"x":515,"y":117,"width":418,"height":9}},{"id":"c0e1bac2-4e7f-42ed-9e6e-33c1c00bfa63","block_type":"box","text":"expressed in millions of US dollars.)","page_number":2,"box":{"x":515,"y":130,"width":209,"height":9}},{"id":"a4610a24-b9b6-4db9-8651-32812af112f5","block_type":"box","text":"Scope 1 (exclude LULUCF) – MSCI:","page_number":2,"box":{"x":542,"y":148,"width":218,"height":9}},{"id":"aeb11f3d-35d8-4cfa-b937-26a8d53fb186","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":766,"y":148,"width":180,"height":9}},{"id":"408cdc0c-15c0-4302-8d91-499299fce7c4","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":161,"width":401,"height":9}},{"id":"ced0997d-b886-408e-970c-3a936b108d24","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":174,"width":406,"height":8}},{"id":"f35a31e5-7e9c-447e-9ed6-cdd5a3b5c3de","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located with","page_number":2,"box":{"x":542,"y":187,"width":400,"height":7}},{"id":"c645c1ee-28fe-4dcb-951b-fe69d74f18ab","block_type":"box","text":"in the country/territory. Values exclude land use, land-use change","page_number":2,"box":{"x":542,"y":199,"width":387,"height":9}},{"id":"e39d5cfa-edad-48b1-abb2-c9a8019b9a16","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":212,"width":138,"height":9}},{"id":"353f5c66-d384-49f2-9191-a6b2b2ad2564","block_type":"box","text":"Scope 1 (include LULUCF) – MSCI:","page_number":2,"box":{"x":542,"y":230,"width":215,"height":8}},{"id":"1e6997e5-e721-41aa-9d21-76262f2509d1","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":761,"y":230,"width":179,"height":8}},{"id":"5afdb563-2463-4b30-a2d6-ac70e15ea2aa","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":242,"width":401,"height":9}},{"id":"f43e9e4d-84ed-497d-a1a9-7adc46e1e31e","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":255,"width":406,"height":9}},{"id":"a8d6dcee-d2db-4bf4-8e38-7c21c3597f40","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located","page_number":2,"box":{"x":542,"y":268,"width":373,"height":7}},{"id":"50895090-9b76-4069-9939-8487d9237a2c","block_type":"box","text":"within the country territory. Values include land use, land-use change","page_number":2,"box":{"x":542,"y":281,"width":407,"height":9}},{"id":"2e1a3be3-ccb4-47c9-88b7-ad6d5b397cd7","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":294,"width":138,"height":9}},{"id":"c2cdcd4d-da7f-4362-901d-6c8a75387f82","block_type":"box","text":"Consumption (Scope 1 exclude LULUCF + scope 2+3 - exported","page_number":2,"box":{"x":542,"y":311,"width":402,"height":9}},{"id":"8d3c319a-46ee-4c6a-8227-6c19a944b6c3","block_type":"box","text":"emissions) – MSCI:","page_number":2,"box":{"x":542,"y":324,"width":119,"height":8}},{"id":"78cfba8f-722d-4b16-87e8-27635752a4e3","block_type":"box","text":"The estimated consumption emissions for the","page_number":2,"box":{"x":665,"y":324,"width":272,"height":9}},{"id":"5ca09864-1e60-411f-8502-2405eec0230c","block_type":"box","text":"country/territory (if available), in tons of CO2 equivalent per year","page_number":2,"box":{"x":542,"y":337,"width":382,"height":9}},{"id":"23aa9c22-ac8b-42d0-97fb-241f61504e8c","block_type":"box","text":"(tCO2e/yr). MSCI ESG Research calculates consumption emissions","page_number":2,"box":{"x":542,"y":350,"width":401,"height":9}},{"id":"cc041a89-dd7e-49f1-9d19-a3ed6b1812ae","block_type":"box","text":"based on Scope 1 emissions excl. LULUCF plus Scope 2 and Scope","page_number":2,"box":{"x":542,"y":363,"width":397,"height":8}},{"id":"287f973b-38cc-472d-9bb0-58841b2798eb","block_type":"box","text":"3 emissions minus exported emissions.","page_number":2,"box":{"x":542,"y":376,"width":231,"height":8}},{"id":"18d49c50-15e6-48e4-9e2d-4544dca36464","block_type":"box","text":"Total Carbon Emissions – MSCI:","page_number":2,"box":{"x":515,"y":393,"width":202,"height":7}},{"id":"c86bb273-e5f2-4392-8a1b-bc80be7edf26","block_type":"box","text":"Total carbon emissions includes all","page_number":2,"box":{"x":723,"y":393,"width":206,"height":7}},{"id":"f7167948-7b5e-4bb0-aabf-8c89ae885a71","block_type":"box","text":"greenhouse gas emissions produced within a country’s borders from all","page_number":2,"box":{"x":515,"y":406,"width":421,"height":9}},{"id":"7b3e2a20-5138-4aee-8807-c7a65d1d04c4","block_type":"box","text":"sources, including energy production, industry, agriculture, and trans","page_number":2,"box":{"x":515,"y":419,"width":405,"height":9}},{"id":"4afc07be-505c-479e-8054-39bacbe68c8d","block_type":"box","text":"portation apportioned by","page_number":2,"box":{"x":515,"y":432,"width":150,"height":8}},{"id":"94226cf8-fff6-4b19-aa4b-f6e5cbe8ab4b","block_type":"box","text":"PPP GDP","page_number":2,"box":{"x":668,"y":432,"width":58,"height":7}},{"id":"38a16b76-53a1-48b0-b393-14dea8875dad","block_type":"box","text":"(PPP-adjusted GDP of the country","page_number":2,"box":{"x":729,"y":431,"width":203,"height":9}},{"id":"7678849b-a11a-4cb2-b74b-0146c13676f4","block_type":"box","text":"expressed in millions of US dollar).","page_number":2,"box":{"x":515,"y":444,"width":202,"height":9}},{"id":"52a32d81-5275-48b1-95a0-8a25a489e807","block_type":"box","text":"Scope 1 (excluding LULUCF) MSCI:","page_number":2,"box":{"x":542,"y":462,"width":220,"height":9}},{"id":"b4ffe290-0bee-4cba-9893-6e0eb8a7bd81","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":765,"y":462,"width":180,"height":9}},{"id":"4368846f-5a24-4d32-8b82-fb49e57d81c8","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":475,"width":401,"height":9}},{"id":"a62124ce-2dff-4228-a77c-e3cdc92d93ab","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":488,"width":406,"height":8}},{"id":"c3588a6a-a236-48f0-959f-c975b81b771f","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located with","page_number":2,"box":{"x":542,"y":501,"width":400,"height":7}},{"id":"42b61a06-6047-4e4f-a874-6bc4d253d91c","block_type":"box","text":"in the country/territory. Values exclude land use, land-use change","page_number":2,"box":{"x":542,"y":513,"width":387,"height":9}},{"id":"dfe359b7-65b9-4163-9bab-bebe7a5e6add","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":526,"width":138,"height":9}},{"id":"3893f679-6290-4df3-9389-cdbfca09f90d","block_type":"box","text":"Scope 1 (including LULUCF) MSCI:","page_number":2,"box":{"x":542,"y":544,"width":217,"height":9}},{"id":"4efb9967-788e-449d-a35e-055b31530cbf","block_type":"box","text":"The most recently reported or","page_number":2,"box":{"x":762,"y":544,"width":180,"height":8}},{"id":"60e11006-0a64-4382-b348-c768e63e577b","block_type":"box","text":"estimated Scope 1 greenhouse gas emissions for the country/territo","page_number":2,"box":{"x":542,"y":556,"width":401,"height":9}},{"id":"2d4022e4-777b-4a69-adc2-7b1d387f31b7","block_type":"box","text":"ry (if available), in tons of CO2 equivalent per year (tCO2e/yr). Scope","page_number":2,"box":{"x":542,"y":569,"width":406,"height":9}},{"id":"4de19ead-0860-4562-8b07-546934154123","block_type":"box","text":"1 emissions are domestic GHG emissions from sources located","page_number":2,"box":{"x":542,"y":582,"width":373,"height":7}},{"id":"1ca85c1a-48d3-42ef-9aad-2b68be88744c","block_type":"box","text":"within the country territory. Values include land use, land-use change","page_number":2,"box":{"x":542,"y":595,"width":407,"height":9}},{"id":"35faeef4-6722-4b34-b233-788a64d54257","block_type":"box","text":"and forestry (LULUCF).","page_number":2,"box":{"x":542,"y":608,"width":138,"height":9}},{"id":"0b82a0a0-f502-4850-bbcb-ad59a8378e09","block_type":"box","text":"Consumption (Scope 1 exclude LULUCF + scope 2+3 - exported","page_number":2,"box":{"x":542,"y":625,"width":402,"height":9}},{"id":"dd4da1ba-63cf-4f35-ad70-4fab5b41fd38","block_type":"box","text":"emissions) – MSCI:","page_number":2,"box":{"x":542,"y":638,"width":119,"height":8}},{"id":"0e2edea5-5c60-4851-8231-f3dd2a7ce9be","block_type":"box","text":"The estimated consumption emissions for the","page_number":2,"box":{"x":665,"y":638,"width":272,"height":9}},{"id":"417faac7-c651-4c95-9e5f-a253036ec3e4","block_type":"box","text":"country/territory (if available), in tons of CO2 equivalent per year","page_number":2,"box":{"x":542,"y":651,"width":382,"height":9}},{"id":"c2cfe362-18b3-4894-bb43-cfcc74e32ebf","block_type":"box","text":"(tCO2e/yr). MSCI ESG Research calculates consumption emissions","page_number":2,"box":{"x":542,"y":664,"width":401,"height":9}},{"id":"4639531b-1415-4564-b8dd-2b225ade526a","block_type":"box","text":"based on Scope 1 emissions excl. LULUCF plus Scope 2 and Scope","page_number":2,"box":{"x":542,"y":677,"width":397,"height":8}},{"id":"76e3a392-1b3f-48c6-8475-c39fa1d0bcfb","block_type":"box","text":"3 emissions minus exported emissions.","page_number":2,"box":{"x":542,"y":690,"width":231,"height":8}},{"id":"f8ec8951-f598-4d6c-a181-4832237aef42","block_type":"box","text":"Government Freedom Status MSCI:","page_number":2,"box":{"x":515,"y":707,"width":226,"height":7}},{"id":"ea034469-6426-45b3-a7f0-9d6418762a04","block_type":"box","text":"Free:","page_number":2,"box":{"x":542,"y":725,"width":31,"height":7}},{"id":"8c3bbafd-294c-4c7b-a7ac-c7ee4c0df313","block_type":"box","text":"Countries with strong political rights and civil liberties.","page_number":2,"box":{"x":577,"y":725,"width":318,"height":9}},{"id":"35d5851e-fbdd-41ae-a810-9f85186fcfc0","block_type":"box","text":"Partially Free:","page_number":2,"box":{"x":542,"y":742,"width":88,"height":9}},{"id":"5fad8eb3-623b-43a4-8bd0-36defad2f5bb","block_type":"box","text":"Countries where some political rights and civil liber","page_number":2,"box":{"x":634,"y":742,"width":301,"height":9}},{"id":"1493b773-8ef2-49a5-b40f-953a3cac49de","block_type":"box","text":"ties are present, but there are challenges and limitations.","page_number":2,"box":{"x":542,"y":755,"width":334,"height":9}},{"id":"5343fab0-cfd9-4bbb-a2c0-1613ee6456df","block_type":"box","text":"Not Free:","page_number":2,"box":{"x":542,"y":773,"width":57,"height":7}},{"id":"9b4f2e86-d5af-453b-af3f-4e0103596800","block_type":"box","text":"Countries where political rights and civil liberties are","page_number":2,"box":{"x":603,"y":773,"width":308,"height":9}},{"id":"121b062b-da66-4e3d-9171-8952ff16dffc","block_type":"box","text":"largely absent.","page_number":2,"box":{"x":542,"y":786,"width":86,"height":8}},{"id":"d7408b18-2935-4181-b81d-2c84f480a298","block_type":"box","text":"No Data:","page_number":2,"box":{"x":542,"y":803,"width":54,"height":7}},{"id":"31172c9b-58dc-45b1-8dda-72c055ea751b","block_type":"box","text":"No data available to evaluate a country’s government","page_number":2,"box":{"x":600,"y":803,"width":314,"height":9}},{"id":"6a4ea66b-b1a9-4c81-9f00-aa02ed7ef2aa","block_type":"box","text":"based on political rights and civil liberties.","page_number":2,"box":{"x":542,"y":816,"width":245,"height":9}},{"id":"b88be46c-446c-4f96-adab-d932ed175bec","block_type":"box","text":"Report ID: 5088566.1","page_number":2,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"a9a82dff-42e1-486c-9408-30602f4d428a","block_type":"box","text":"Published: 18 Nov 2025","page_number":2,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"694eadd8-7833-4427-94b7-5fb5edb7b3ad","block_type":"box","text":"P","page_number":2,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"9d2609f8-b95f-4263-b84d-eecb82fb67b3","block_type":"box","text":"a","page_number":2,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"757daef0-21c9-4a95-8c78-0fa0aa525071","block_type":"box","text":"g","page_number":2,"box":{"x":911,"y":970,"width":5,"height":5}},{"id":"91abda82-7372-4e08-9847-95d488724b91","block_type":"box","text":"e","page_number":2,"box":{"x":916,"y":970,"width":6,"height":4}},{"id":"a7900d82-b5b9-45df-8213-5ad3187d9e17","block_type":"box","text":"2","page_number":2,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"d3240082-9e48-49a0-ac69-79893592fabe","block_type":"box","text":"of","page_number":2,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"01946ccf-7a31-4e3f-802c-7974a194dd6e","block_type":"box","text":"5","page_number":2,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"4903d2d4-516c-47e7-9511-ca926255ea5a","block_type":"box","text":"Sustainability Sovereign Bond Portfolio Characteristics","page_number":3,"box":{"x":50,"y":44,"width":441,"height":11}},{"id":"e4f07f00-0928-4cdc-9f76-f29483b4c5e2","block_type":"box","text":"Data Treatments:","page_number":3,"box":{"x":51,"y":81,"width":92,"height":6}},{"id":"c1ac4810-6865-4515-ad62-60ad42370e0e","block_type":"box","text":"1. Exclusions - Exclude positions for specific security types that are not expected to have a score / rating. (Cash*, Cash Equivalents**, Derivatives, Rights and Warrants)","page_number":3,"box":{"x":50,"y":96,"width":821,"height":8}},{"id":"2206054d-3f7f-485b-88cc-864271d144e4","block_type":"box","text":"2. Exclude securities without a value for a particular metric.","page_number":3,"box":{"x":50,"y":112,"width":291,"height":7}},{"id":"b6575534-c083-465a-b027-7d35b244b67a","block_type":"box","text":"3. Rebalance the position weights of covered securities.","page_number":3,"box":{"x":50,"y":128,"width":274,"height":7}},{"id":"7820e6ef-b85a-4010-b07b-d7ee8d965b67","block_type":"box","text":"Attributes","page_number":3,"box":{"x":50,"y":162,"width":55,"height":6}},{"id":"436f601a-303d-478b-8a30-595926c71a2b","block_type":"box","text":"Exclusions","page_number":3,"box":{"x":345,"y":162,"width":56,"height":6}},{"id":"402e66a8-36cd-44d8-8673-8aab22790698","block_type":"box","text":"Additional Exclusions","page_number":3,"box":{"x":569,"y":162,"width":115,"height":6}},{"id":"3d4f6494-7911-4415-b3f0-17bc68f1f404","block_type":"box","text":"Missing Data Treatment","page_number":3,"box":{"x":767,"y":162,"width":127,"height":8}},{"id":"0536a304-5efc-465e-af89-93c940b7020a","block_type":"box","text":"MSCI ESG Score","page_number":3,"box":{"x":51,"y":178,"width":83,"height":6}},{"id":"4b34c3e4-772f-4b63-ab09-9dea5d31b237","block_type":"box","text":"1.Cash and Cash Equivalents*","page_number":3,"box":{"x":344,"y":224,"width":146,"height":7}},{"id":"188f7c95-61d5-4154-b2e6-53c3ee55bc05","block_type":"box","text":"2. Derivatives **","page_number":3,"box":{"x":344,"y":235,"width":79,"height":5}},{"id":"d72d2a5d-f191-4ad8-8049-92833d5f6acc","block_type":"box","text":"3. Rights and Warrants","page_number":3,"box":{"x":344,"y":245,"width":112,"height":8}},{"id":"ebb5f57e-cd1f-4756-8ebc-1632f61cf70a","block_type":"box","text":"4.Securities without a Score or Rating","page_number":3,"box":{"x":344,"y":256,"width":186,"height":7}},{"id":"8b77bb22-6d9a-42e5-8bd3-5ae6bc0d7f87","block_type":"box","text":"N/A","page_number":3,"box":{"x":569,"y":240,"width":19,"height":6}},{"id":"34c8fb5c-3d0a-4ec0-aec2-fc868b9b80a5","block_type":"box","text":"N/A","page_number":3,"box":{"x":767,"y":240,"width":19,"height":6}},{"id":"1a5cc8ec-5ea1-4f1c-897d-8bb84a245cf9","block_type":"box","text":"MSCI ESG Rating","page_number":3,"box":{"x":51,"y":194,"width":86,"height":7}},{"id":"6883c193-8716-47a7-9bf3-c68aa0d3a18d","block_type":"box","text":"MSCI Weighted Average Carbon Intensity","page_number":3,"box":{"x":51,"y":209,"width":206,"height":7}},{"id":"50242406-cd21-4253-b3d0-7187475132be","block_type":"box","text":"MSCI Carbon Emissions","page_number":3,"box":{"x":51,"y":224,"width":119,"height":6}},{"id":"df9a826b-4685-4f1b-a54b-3799002dfbe5","block_type":"box","text":"MSCI Average Income Inequality Score(Weighted)","page_number":3,"box":{"x":51,"y":240,"width":248,"height":7}},{"id":"aadd21c1-92b0-44a3-a30a-9c9ec32475fd","block_type":"box","text":"MSCI Average Freedom of Expression Score(Weighted)","page_number":3,"box":{"x":51,"y":255,"width":275,"height":8}},{"id":"28beb650-d26f-4f17-b82c-e2a5d4cea19a","block_type":"box","text":"MSCI Average Corruption Score(Weighted)","page_number":3,"box":{"x":51,"y":271,"width":214,"height":7}},{"id":"34331deb-016d-4314-880e-a3a9d5c976ef","block_type":"box","text":"MSCI Average Political Stability Score(Weighted)","page_number":3,"box":{"x":51,"y":286,"width":242,"height":8}},{"id":"ef8d621a-83cb-4fed-883f-49e850e6f5e9","block_type":"box","text":"Average Rule of Law Score(Weighted)","page_number":3,"box":{"x":50,"y":302,"width":188,"height":7}},{"id":"9ddd14cd-fd05-4f00-bcc3-db39d8e95809","block_type":"box","text":"MSCI ESG Ratings Distribution","page_number":3,"box":{"x":51,"y":317,"width":151,"height":7}},{"id":"dc194025-2659-4d47-8254-e77fec59bb85","block_type":"box","text":"1. Cash and Cash Equivalents *","page_number":3,"box":{"x":344,"y":330,"width":151,"height":7}},{"id":"50568341-d7ff-4002-929e-08967541e8c5","block_type":"box","text":"2. Derivatives **","page_number":3,"box":{"x":344,"y":340,"width":79,"height":6}},{"id":"32429862-a42e-473e-a8bc-af2d30cf490d","block_type":"box","text":"3. Rights and Warrants","page_number":3,"box":{"x":344,"y":351,"width":112,"height":7}},{"id":"1732bfaf-910e-4865-a4f2-8c7737099b75","block_type":"box","text":"N/A","page_number":3,"box":{"x":569,"y":340,"width":19,"height":7}},{"id":"ae46880f-fddf-4fd0-b28b-c69071bc7df9","block_type":"box","text":"N/A","page_number":3,"box":{"x":767,"y":340,"width":19,"height":7}},{"id":"263f971a-5e74-47e9-9628-27182cd11d82","block_type":"box","text":"Government Freedom Status","page_number":3,"box":{"x":50,"y":333,"width":145,"height":5}},{"id":"b89e90c0-3872-49d7-9601-b3277e13e85e","block_type":"box","text":"CBI Green Bonds","page_number":3,"box":{"x":50,"y":348,"width":86,"height":6}},{"id":"b19cb93c-b99c-4dcb-82b8-a1784f45cbd0","block_type":"box","text":"Coverage for each ESG Attributes","page_number":3,"box":{"x":50,"y":363,"width":169,"height":8}},{"id":"835353f9-c887-4685-9a3f-5cc62e6cc5ec","block_type":"box","text":"* Cash and Cash Equivalents: Cash, Cash Collateral, Money Market, Money Market Fund","page_number":3,"box":{"x":50,"y":379,"width":464,"height":7}},{"id":"7c9395d1-82fd-4364-b67e-21e615f52742","block_type":"box","text":"** Derivatives: Futures, Options, Swaps, Swaptions, Forwards","page_number":3,"box":{"x":50,"y":389,"width":324,"height":8}},{"id":"67fbb679-48a9-4d6b-8dee-3dde71bc5e19","block_type":"box","text":"Report ID: 5088566.1","page_number":3,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"2f750f27-c017-45c4-b431-b88736c57246","block_type":"box","text":"Published: 18 Nov 2025","page_number":3,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"87981e24-189e-4d06-b61f-376b749ebee7","block_type":"box","text":"P","page_number":3,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"da5564ff-af05-408a-83bb-4b8b2cf92a46","block_type":"box","text":"a","page_number":3,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"3122cfe1-fcd6-4da5-987b-6888545a9174","block_type":"box","text":"g","page_number":3,"box":{"x":911,"y":970,"width":5,"height":5}},{"id":"bb766434-77fc-4335-a5d2-50189fde3240","block_type":"box","text":"e","page_number":3,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"ac5f5193-1cd8-4ed6-a09b-b0ed682cb515","block_type":"box","text":"3","page_number":3,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"f127364f-6458-4109-a969-c50e59b019c1","block_type":"box","text":"of","page_number":3,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"7496f17d-2a99-4ca0-b465-baa07ff3261b","block_type":"box","text":"5","page_number":3,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"de9302eb-3caa-49dc-9d16-7e51f3df3b2d","block_type":"box","text":"Disclosures","page_number":4,"box":{"x":52,"y":58,"width":166,"height":15}},{"id":"648cb723-7e8c-46c3-87e3-b557dfaffb9d","block_type":"box","text":"State Street Global Advisors (SSGA) is now State Street Investment","page_number":4,"box":{"x":50,"y":92,"width":433,"height":8}},{"id":"eda5dea7-f8f5-4a94-aefc-23f479418712","block_type":"box","text":"Management. Please click here for more information.","page_number":4,"box":{"x":51,"y":105,"width":336,"height":9}},{"id":"8b186b60-a1e6-49f5-9de0-9a70926382ad","block_type":"box","text":"Marketing Communication","page_number":4,"box":{"x":51,"y":122,"width":170,"height":9}},{"id":"9c769e43-6adc-4f39-9a0c-5a2ea283d329","block_type":"box","text":"For institutional / professional investors use only.","page_number":4,"box":{"x":51,"y":140,"width":310,"height":9}},{"id":"a67a2d01-bdcc-4ac4-99ec-66d3956c0d55","block_type":"box","text":"The information presented above is intended to provide transparency","page_number":4,"box":{"x":50,"y":158,"width":414,"height":8}},{"id":"228be15c-8409-4799-a335-d6dfcf1b5dd6","block_type":"box","text":"to investors around sustainability characteristics of the fund. Present","page_number":4,"box":{"x":50,"y":170,"width":408,"height":9}},{"id":"af31b8b4-4a43-43f9-9979-a1e5cd0d5c90","block_type":"box","text":"ing this information should not be construed as a representation of the","page_number":4,"box":{"x":51,"y":183,"width":415,"height":9}},{"id":"62c407e9-ea4d-43d4-82f4-42491be0f8ba","block_type":"box","text":"fund’s current or future investment objective, nor should it be viewed as","page_number":4,"box":{"x":50,"y":196,"width":422,"height":9}},{"id":"c5ebdd8f-c08f-41ba-90ca-0909aaf5449a","block_type":"box","text":"an indicator of the fund manager’s current or future investment deci","page_number":4,"box":{"x":50,"y":209,"width":401,"height":9}},{"id":"7d7deb6b-499d-4970-ae34-38005c225747","block_type":"box","text":"sion-making.","page_number":4,"box":{"x":50,"y":222,"width":76,"height":8}},{"id":"f682266e-08d8-41bc-b43e-a34ad859be6e","block_type":"box","text":"Investing involves risk including the risk of loss of principal.","page_number":4,"box":{"x":51,"y":239,"width":344,"height":9}},{"id":"13272b0d-3346-47b0-a98f-cdeb1e815008","block_type":"box","text":"The whole or any part of this work may not be reproduced, copied or","page_number":4,"box":{"x":50,"y":257,"width":405,"height":9}},{"id":"bbfa6daf-e62d-4212-9afc-22ee353b5ed9","block_type":"box","text":"transmitted or any of its contents disclosed to third parties without SS","page_number":4,"box":{"x":50,"y":270,"width":414,"height":8}},{"id":"25fe14ec-1b5f-4ab2-9a2b-b587f14971cd","block_type":"box","text":"GA’s express written consent.","page_number":4,"box":{"x":50,"y":283,"width":176,"height":8}},{"id":"f7e31277-6a95-48c4-a642-37bf5dc54f94","block_type":"box","text":"All information is from SSGA unless otherwise noted and has been","page_number":4,"box":{"x":50,"y":300,"width":393,"height":7}},{"id":"7b698b32-0f24-406e-a6f0-6dca5b8791a3","block_type":"box","text":"obtained from sources believed to be reliable, but its accuracy is not","page_number":4,"box":{"x":50,"y":313,"width":404,"height":9}},{"id":"67bf4df2-c9b8-468b-bf7e-7846f1597c0e","block_type":"box","text":"guaranteed. There is no representation or warranty as to the current","page_number":4,"box":{"x":50,"y":326,"width":407,"height":9}},{"id":"de8bcd89-caa9-4ec1-805b-1a0feb1020f3","block_type":"box","text":"accuracy, reliability or completeness of, nor liability for, decisions based","page_number":4,"box":{"x":50,"y":339,"width":422,"height":8}},{"id":"d171504b-edd2-4168-a876-fa8f0fa70cd7","block_type":"box","text":"on such information and it should not be relied on as such.","page_number":4,"box":{"x":50,"y":351,"width":342,"height":7}},{"id":"69205fd1-6420-403a-bd05-1c174081ebf2","block_type":"box","text":"The information provided does not constitute investment advice as such","page_number":4,"box":{"x":50,"y":369,"width":430,"height":9}},{"id":"7fbc9434-efb0-4413-b1e3-7fb94b328d2d","block_type":"box","text":"term is defined under the Markets in Financial Instruments Directive","page_number":4,"box":{"x":50,"y":382,"width":402,"height":7}},{"id":"8611c83b-7cd8-4779-9454-cd6fe85dfe37","block_type":"box","text":"(2014/65/EU) or applicable Swiss regulation and it should not be relied on","page_number":4,"box":{"x":51,"y":394,"width":432,"height":9}},{"id":"33bf5632-91b3-4a57-8372-7278377736a5","block_type":"box","text":"as such. It should not be considered a solicitation to buy or an offer to sell","page_number":4,"box":{"x":50,"y":407,"width":431,"height":9}},{"id":"9f0e47ac-2100-4ef0-8a27-5918b28bede7","block_type":"box","text":"any investment. It does not take into account any investor’s or potential","page_number":4,"box":{"x":50,"y":420,"width":421,"height":9}},{"id":"37b0accd-dd77-4e39-baaa-28614dd706fc","block_type":"box","text":"investor’s particular investment objectives, strategies, tax status, risk ap","page_number":4,"box":{"x":51,"y":433,"width":425,"height":9}},{"id":"e01bd607-2a6e-46dd-91ea-6d27594d6a18","block_type":"box","text":"petite or investment horizon. If you require investment advice you should","page_number":4,"box":{"x":51,"y":446,"width":428,"height":9}},{"id":"1448af57-61ae-45b3-958d-053ba44add09","block_type":"box","text":"consult your tax and financial or other professional advisor.","page_number":4,"box":{"x":50,"y":459,"width":349,"height":8}},{"id":"7c0a2269-43db-49f4-8aeb-c659bfdf9120","block_type":"box","text":"The information contained in this communication is not a research","page_number":4,"box":{"x":50,"y":476,"width":422,"height":7}},{"id":"9a7a794e-bd10-4469-a294-20c415ba71c6","block_type":"box","text":"recommendation or ‘investment research’ and is classified as a","page_number":4,"box":{"x":51,"y":489,"width":399,"height":7}},{"id":"1133d248-ca96-49f9-823d-87e506ad5d9b","block_type":"box","text":"‘Marketing Communication’ in accordance with the applicable","page_number":4,"box":{"x":50,"y":502,"width":395,"height":9}},{"id":"42a802a7-cacf-45c8-bb51-3be9ec1278af","block_type":"box","text":"regional regulation. This means that this marketing communication","page_number":4,"box":{"x":51,"y":515,"width":426,"height":9}},{"id":"760dc53e-519e-4a8d-8751-b7bcf99fc765","block_type":"box","text":"(a) has not been prepared in accordance with legal requirements","page_number":4,"box":{"x":51,"y":527,"width":411,"height":9}},{"id":"fc4f91bd-75cc-442e-8fed-058d16a86699","block_type":"box","text":"designed to promote the independence of investment research (b)","page_number":4,"box":{"x":50,"y":540,"width":422,"height":9}},{"id":"bcd5383d-85b7-4b9a-9a3a-3b0d0b076201","block_type":"box","text":"is not subject to any prohibition on dealing ahead of the dissemina","page_number":4,"box":{"x":51,"y":553,"width":418,"height":9}},{"id":"d034477a-d532-4ebd-b85b-d13c83742625","block_type":"box","text":"tion of investment research.","page_number":4,"box":{"x":50,"y":566,"width":178,"height":7}},{"id":"04b975d3-735f-40b3-9d75-9c40168847bf","block_type":"box","text":"This communication is directed at professional clients (this includes","page_number":4,"box":{"x":50,"y":584,"width":402,"height":8}},{"id":"111c11b8-d36e-4c08-943d-8defc512ab5f","block_type":"box","text":"eligible counterparties as defined by the appropriate EU regulator) who","page_number":4,"box":{"x":50,"y":596,"width":421,"height":9}},{"id":"ea9528a4-537a-4e49-a4eb-165d36356624","block_type":"box","text":"are deemed both knowledgeable and experienced in matters relating to","page_number":4,"box":{"x":50,"y":609,"width":425,"height":9}},{"id":"de035193-a6b6-496c-bde1-fa20086594c2","block_type":"box","text":"investments. The products and services to which this communication","page_number":4,"box":{"x":51,"y":622,"width":410,"height":9}},{"id":"e8126109-411f-451f-a2a1-e79aae301db7","block_type":"box","text":"relates are only available to such persons and persons of any other de","page_number":4,"box":{"x":51,"y":635,"width":412,"height":9}},{"id":"e8f94581-1e60-450c-b478-0a1f88d6e8d8","block_type":"box","text":"scription (including retail clients) should not rely on this communication.","page_number":4,"box":{"x":50,"y":648,"width":424,"height":9}},{"id":"7de54570-7472-4989-bc78-b8952d274320","block_type":"box","text":"Bonds generally present less short-term risk and volatility than stocks,","page_number":4,"box":{"x":51,"y":666,"width":415,"height":8}},{"id":"f4898a0c-6f54-492b-89ee-28160b3d5af2","block_type":"box","text":"but contain interest rate risk (as interest rates raise, bond prices usually","page_number":4,"box":{"x":51,"y":678,"width":422,"height":9}},{"id":"eca49eb0-e792-4331-b5e0-c303a1ef91f6","block_type":"box","text":"fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk.","page_number":4,"box":{"x":50,"y":691,"width":418,"height":9}},{"id":"9c222400-ebe6-4df5-8aa4-dd98595b39b8","block_type":"box","text":"These effects are usually pronounced for longer-term securities. Any","page_number":4,"box":{"x":50,"y":704,"width":409,"height":9}},{"id":"c0d560a9-7b07-49b8-bdc4-09ab400ac8b8","block_type":"box","text":"fixed income security sold or redeemed prior to maturity may be subject","page_number":4,"box":{"x":50,"y":717,"width":429,"height":8}},{"id":"6c8ba817-2a54-4f09-9523-ae11577ef21c","block_type":"box","text":"to a substantial gain or loss.","page_number":4,"box":{"x":50,"y":730,"width":163,"height":8}},{"id":"02d659f5-21b1-4d29-bfc5-bc29a97a482e","block_type":"box","text":"ETFs trade like stocks, are subject to investment risk, fluctuate in market","page_number":4,"box":{"x":51,"y":747,"width":429,"height":9}},{"id":"578ba177-ddcf-436a-8986-3cec0e8910db","block_type":"box","text":"value and may trade at prices above or below the ETFs net asset value.","page_number":4,"box":{"x":50,"y":760,"width":419,"height":9}},{"id":"88bba366-99ac-4802-ac8f-2d75d6ec254c","block_type":"box","text":"Brokerage commissions and ETF expenses will reduce returns.","page_number":4,"box":{"x":51,"y":773,"width":372,"height":9}},{"id":"fe7b8248-4a87-41d0-b4ba-84c4c41d58e9","block_type":"box","text":"The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its","page_number":4,"box":{"x":50,"y":790,"width":415,"height":9}},{"id":"38c40503-2e02-44c5-b5fd-3962ee4648b9","block_type":"box","text":"affiliates (“S&P DJI”) and have been licensed for use by State Street","page_number":4,"box":{"x":50,"y":803,"width":400,"height":9}},{"id":"620cd9d8-db3b-4a51-97c7-fa72c31a635c","block_type":"box","text":"Global Advisors. S&P®, SPDR®, S&P 500®,US 500 and the 500 are","page_number":4,"box":{"x":50,"y":816,"width":396,"height":8}},{"id":"51232ab9-3609-4750-8022-a798881530b3","block_type":"box","text":"trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow","page_number":4,"box":{"x":50,"y":829,"width":415,"height":8}},{"id":"effaa2a0-8ac7-4c32-84a2-3d45ca73641e","block_type":"box","text":"Jones® is a registered trademark of Dow Jones Trademark Holdings","page_number":4,"box":{"x":50,"y":842,"width":404,"height":8}},{"id":"8db0ed2d-c74a-46cd-9b21-6b97e718183f","block_type":"box","text":"LLC (“Dow Jones”) and has been licensed for use by S&P Dow Jones","page_number":4,"box":{"x":51,"y":854,"width":407,"height":9}},{"id":"256fc525-4142-4f4c-9079-0e2943d251c7","block_type":"box","text":"Indices; and these trademarks have been licensed for use by S&P DJI","page_number":4,"box":{"x":51,"y":867,"width":409,"height":9}},{"id":"c3070411-e768-4dbb-9f51-b6279ec03c38","block_type":"box","text":"and sublicensed for certain purposes by State Street Global Advisors.","page_number":4,"box":{"x":50,"y":880,"width":414,"height":9}},{"id":"50414d81-9431-4b37-a90b-33491dab6b45","block_type":"box","text":"The fund is not sponsored, endorsed, sold or promoted by S&P DJI, Dow","page_number":4,"box":{"x":50,"y":893,"width":428,"height":9}},{"id":"2018a8bf-3d0b-4568-b38d-5592721f1c7e","block_type":"box","text":"Jones, S&P, their respective affiliates, and none of such parties make any","page_number":4,"box":{"x":50,"y":906,"width":432,"height":8}},{"id":"4c7f166a-c610-4597-bf7b-93802f6175d3","block_type":"box","text":"representation regarding the advisability of investing in such product(s)","page_number":4,"box":{"x":51,"y":918,"width":421,"height":9}},{"id":"32d02733-f54d-4be2-aca4-136cdaf98564","block_type":"box","text":"nor do they have any liability for any errors, omissions, or interruptions of","page_number":4,"box":{"x":515,"y":92,"width":430,"height":9}},{"id":"862a8160-d322-4a6c-b06f-8a9e87e79556","block_type":"box","text":"these indices.","page_number":4,"box":{"x":515,"y":105,"width":81,"height":7}},{"id":"dfcf6170-2c4f-421e-983e-edf26bc780db","block_type":"box","text":"Please refer to the Fund’s latest Key Information Document (KID)/","page_number":4,"box":{"x":515,"y":122,"width":416,"height":9}},{"id":"3e089466-e6a3-40bc-9fc2-fef2d30de9a1","block_type":"box","text":"Key Investor Information Document (KIID) and Prospectus before","page_number":4,"box":{"x":515,"y":135,"width":415,"height":9}},{"id":"58681f64-e9c3-4eb4-938f-c3086c895daa","block_type":"box","text":"making any final investment decision. The latest English version of","page_number":4,"box":{"x":515,"y":148,"width":423,"height":9}},{"id":"66344f63-9e4a-4dcc-9171-5b6c8870de32","block_type":"box","text":"the prospectus and the KID/KIID can be found at","page_number":4,"box":{"x":515,"y":161,"width":306,"height":8}},{"id":"34de8941-e9e8-4aca-8815-8a70259aac21","block_type":"box","text":"www.ssga.com","page_number":4,"box":{"x":824,"y":163,"width":97,"height":7}},{"id":"14274bda-b682-4166-b01e-d54ce81b9e93","block_type":"box","text":". A","page_number":4,"box":{"x":923,"y":161,"width":15,"height":7}},{"id":"0b71dd24-a4f4-4695-a126-3247d1efbc74","block_type":"box","text":"summary of investor rights can be found here:","page_number":4,"box":{"x":515,"y":174,"width":292,"height":8}},{"id":"c65e37b7-8861-4c57-85d8-96d073f9ad97","block_type":"box","text":"https://www.ssga.","page_number":4,"box":{"x":811,"y":174,"width":116,"height":8}},{"id":"e2fb3e3e-19f7-4bf1-855b-7ab8e196637a","block_type":"box","text":"com/library-content/products/fund-docs/summary-of-inves","page_number":4,"box":{"x":515,"y":186,"width":396,"height":9}},{"id":"1e2febf6-7b47-4db8-9c97-579adaccdd15","block_type":"box","text":"tor-rights/ssga-investors-rights-summary-template-non-etf-Lux.","page_number":4,"box":{"x":515,"y":199,"width":426,"height":9}},{"id":"b9e46323-16b6-409f-977e-eb47806624ff","block_type":"box","text":"pdf.","page_number":4,"box":{"x":515,"y":212,"width":24,"height":9}},{"id":"f63dbefe-ff01-43a9-baf1-1c0471845661","block_type":"box","text":"Note that the Management Company may decide to terminate the","page_number":4,"box":{"x":515,"y":230,"width":418,"height":8}},{"id":"a450be10-7fd2-449c-90d5-560a7ac876f2","block_type":"box","text":"arrangements made for marketing and proceed with de-notification","page_number":4,"box":{"x":515,"y":243,"width":431,"height":8}},{"id":"7a6211d3-98d6-47e9-b397-2027bd41ba78","block_type":"box","text":"in compliance with Article 93a of Directive 2009/65/EC.","page_number":4,"box":{"x":515,"y":255,"width":355,"height":9}},{"id":"3247f9e7-8175-438b-9225-e0a2ff2feb18","block_type":"box","text":"Investors should not evaluate an investment in the fund based solely on","page_number":4,"box":{"x":516,"y":273,"width":420,"height":9}},{"id":"a31140a3-efc8-4202-b9a5-25858999db1a","block_type":"box","text":"the information above, but should consider other factors, including the","page_number":4,"box":{"x":515,"y":286,"width":415,"height":9}},{"id":"66ca0f79-e00b-4669-b83d-d1e5275b203b","block_type":"box","text":"fund’s overall investment objective and risk profile. Investors are encour","page_number":4,"box":{"x":515,"y":299,"width":424,"height":8}},{"id":"5827b061-fa1e-409f-88f4-3f35e65df1f9","block_type":"box","text":"aged to review the fund’s prospectus [https://www.ssga.com/fund-find","page_number":4,"box":{"x":515,"y":311,"width":414,"height":9}},{"id":"3da17838-3e1f-4f6a-b3d4-e187d587abdc","block_type":"box","text":"er?tab=documents] and KIID for more information regarding the fund","page_number":4,"box":{"x":515,"y":324,"width":412,"height":9}},{"id":"136db49f-b3b0-4c70-bd90-691ae873aef1","block_type":"box","text":"and where applicable, the fund’s SFDR category.","page_number":4,"box":{"x":515,"y":337,"width":286,"height":9}},{"id":"ffdf1709-3aa7-418e-91ad-91715220c751","block_type":"box","text":"Sustainability data is sourced from external providers. This data may","page_number":4,"box":{"x":515,"y":355,"width":407,"height":8}},{"id":"d28bd218-f284-4dbf-bfdb-d3ee2d6ee0d2","block_type":"box","text":"be incomplete, inaccurate, or unavailable for certain companies, which","page_number":4,"box":{"x":515,"y":368,"width":417,"height":8}},{"id":"c9da288d-b72d-44d5-a83a-2e4f8901013d","block_type":"box","text":"could limit the ability to fully capture or reflect their sustainability charac","page_number":4,"box":{"x":515,"y":380,"width":427,"height":9}},{"id":"a60eecb2-843d-4bcc-9227-3e310267af65","block_type":"box","text":"teristics. As a result, there may be limitations reported in the sustainabili","page_number":4,"box":{"x":515,"y":393,"width":425,"height":9}},{"id":"d1b2ab2b-45d4-4088-87f8-5fed59da3c8d","block_type":"box","text":"ty metrics or indicators.","page_number":4,"box":{"x":515,"y":406,"width":140,"height":9}},{"id":"f5862ef5-9677-4f6e-a2c9-8d0127cf3a14","block_type":"box","text":"The third-party information above has been obtained from sources","page_number":4,"box":{"x":515,"y":424,"width":398,"height":8}},{"id":"d1e75adb-6b73-4604-92c0-131121afd931","block_type":"box","text":"believed to be reliable as of the date indicated, but its accuracy is not","page_number":4,"box":{"x":515,"y":436,"width":408,"height":9}},{"id":"39746484-2ed5-48c1-870e-a6d6e61a9504","block_type":"box","text":"guaranteed by SSGA. SSGA is not liable for investment decisions based","page_number":4,"box":{"x":515,"y":449,"width":426,"height":9}},{"id":"a5297124-a71a-416d-8fdd-a35da9210e78","block_type":"box","text":"on this information and it should not be relied on as such. There is no","page_number":4,"box":{"x":515,"y":462,"width":403,"height":7}},{"id":"565707ad-44fe-41ed-a7f4-a3e020d38978","block_type":"box","text":"representation or warranty as to the current accuracy, reliability or com","page_number":4,"box":{"x":515,"y":475,"width":422,"height":9}},{"id":"f95660df-8111-4f7d-a42d-9a4840daf9ad","block_type":"box","text":"pleteness of this information.","page_number":4,"box":{"x":515,"y":488,"width":171,"height":8}},{"id":"cfa2af1e-d12d-40fd-97a1-65493c33fffe","block_type":"box","text":"Data and metrics have been sourced as follows from the following con","page_number":4,"box":{"x":516,"y":505,"width":413,"height":9}},{"id":"13d41125-29d4-4921-aee5-20be4e1daa5a","block_type":"box","text":"tributors as of the date of this report, and are subject to their disclosures","page_number":4,"box":{"x":515,"y":518,"width":428,"height":9}},{"id":"4dbf0849-75c9-45a0-8f9d-09548fd44425","block_type":"box","text":"below. All other data has been sourced by SSGA.","page_number":4,"box":{"x":515,"y":531,"width":289,"height":9}},{"id":"b7df9fd4-75bd-4c68-8e50-4b6ce34079ed","block_type":"box","text":"Source: MSCI: Certain information contained herein (the “Information”)","page_number":4,"box":{"x":515,"y":548,"width":419,"height":8}},{"id":"5943a54a-f9b7-4628-83e5-0c52e4c34d8d","block_type":"box","text":"is sourced from/copyright of MSCI Inc., MSCI ESG Research LLC, or their","page_number":4,"box":{"x":515,"y":561,"width":431,"height":9}},{"id":"9c1e8a25-176f-4c86-b412-6aee129ce476","block_type":"box","text":"affiliates (“MSCI”), or information providers (together the “MSCI Parties”)","page_number":4,"box":{"x":515,"y":574,"width":428,"height":9}},{"id":"e4e455f1-0ed5-4864-801e-756e5abc656d","block_type":"box","text":"and may have been used to calculate scores, signals, or other indica","page_number":4,"box":{"x":515,"y":587,"width":402,"height":9}},{"id":"012a105c-84b6-4340-9487-db8039ee7a36","block_type":"box","text":"tors. The Information is for internal use only and may not be reproduced","page_number":4,"box":{"x":515,"y":600,"width":424,"height":8}},{"id":"f40e28d1-62f1-44f1-b8a7-f95149c47fa4","block_type":"box","text":"or disseminated in whole or part without prior written permission. The","page_number":4,"box":{"x":515,"y":613,"width":411,"height":8}},{"id":"ae55e86a-c0ff-4b16-b1df-e414ad32d7a3","block_type":"box","text":"Information may not be used for, nor does it constitute, an offer to buy","page_number":4,"box":{"x":516,"y":625,"width":410,"height":9}},{"id":"3edd3dc1-53d5-40d5-9290-d9f9b64e8450","block_type":"box","text":"or sell, or a promotion or recommendation of, any security, financial","page_number":4,"box":{"x":515,"y":638,"width":396,"height":9}},{"id":"1a3a861e-35a8-4388-91a8-d1937c0ee54a","block_type":"box","text":"instrument or product, trading strategy, or index, nor should it be taken as","page_number":4,"box":{"x":515,"y":651,"width":434,"height":9}},{"id":"e2a7e3b7-bfd0-4c03-99c4-ced05e59959b","block_type":"box","text":"an indication or guarantee of any future performance. Some funds may","page_number":4,"box":{"x":515,"y":664,"width":420,"height":9}},{"id":"5e58f6af-93a0-46be-bc99-3f33b0452cff","block_type":"box","text":"be based on or linked to MSCI indexes, and MSCI may be compensated","page_number":4,"box":{"x":515,"y":677,"width":422,"height":8}},{"id":"05eb5351-0f67-42f0-9ba6-2dac9e7073f0","block_type":"box","text":"based on the fund’s assets under management or other measures. MSCI","page_number":4,"box":{"x":515,"y":690,"width":428,"height":8}},{"id":"524488ef-58cd-4bd4-818b-4253969554da","block_type":"box","text":"has established an information barrier between index research and cer","page_number":4,"box":{"x":515,"y":702,"width":420,"height":7}},{"id":"e0e88041-9280-481f-bf1b-1e48d3fa590a","block_type":"box","text":"tain Information. None of the Information in and of itself can be used to","page_number":4,"box":{"x":515,"y":715,"width":415,"height":7}},{"id":"6f6f6691-226f-487f-9c52-e3b4b1f8f57c","block_type":"box","text":"determine which securities to buy or sell or when to buy or sell them. The","page_number":4,"box":{"x":515,"y":728,"width":429,"height":9}},{"id":"09c5c6f6-3e81-4f04-b7ad-729ac2e0b99d","block_type":"box","text":"Information is provided “as is” and the user assumes the entire risk of any","page_number":4,"box":{"x":516,"y":741,"width":430,"height":9}},{"id":"f45f3fb7-4ec0-4a76-b3ab-07706cd977be","block_type":"box","text":"use it may make or permit to be made of the Information. No MSCI Party","page_number":4,"box":{"x":515,"y":754,"width":426,"height":8}},{"id":"ed6405f6-3a2e-4e6d-84d0-31fe566bc4b5","block_type":"box","text":"warrants or guarantees the originality, accuracy and/or completeness of","page_number":4,"box":{"x":515,"y":766,"width":428,"height":9}},{"id":"058f4eea-0978-4ec0-b861-dee5cbf476d8","block_type":"box","text":"the Information and each expressly disclaims all express or implied war","page_number":4,"box":{"x":515,"y":779,"width":421,"height":9}},{"id":"6782d456-37a1-4b70-843b-e05993a403ad","block_type":"box","text":"ranties. No MSCI Party shall have any liability for any errors or omissions","page_number":4,"box":{"x":515,"y":792,"width":426,"height":9}},{"id":"ab79c424-aac8-4f14-b129-3cce1e96e5ed","block_type":"box","text":"in connection with any Information herein, or any liability for any direct,","page_number":4,"box":{"x":515,"y":805,"width":416,"height":9}},{"id":"205f442f-ae3d-4f79-9121-c4195ce377f3","block_type":"box","text":"indirect, special, punitive, consequential or any other damages (including","page_number":4,"box":{"x":515,"y":818,"width":431,"height":9}},{"id":"bc1b6d87-b09a-4b46-a40d-0a1ce200656a","block_type":"box","text":"lost profits) even if notified of the possibility of such damages.","page_number":4,"box":{"x":515,"y":831,"width":363,"height":9}},{"id":"cc667394-bfb1-4391-9f31-80bdfd37ed59","block_type":"box","text":"The returns on a portfolio of securities which exclude companies that do","page_number":4,"box":{"x":515,"y":848,"width":428,"height":9}},{"id":"49f52fed-7dbb-4115-a4ad-807eea571fbc","block_type":"box","text":"not meet the portfolio’s sustainable strategy criteria may trail the returns","page_number":4,"box":{"x":515,"y":861,"width":428,"height":9}},{"id":"fc98e5ed-7d67-49a1-8aaf-3ba2edef10b3","block_type":"box","text":"on a portfolio of securities which include such companies. A portfolio’s","page_number":4,"box":{"x":515,"y":874,"width":415,"height":9}},{"id":"46b6cadb-d359-4653-8c83-b73878eae514","block_type":"box","text":"sustainable strategy criteria may result in the portfolio investing in indus","page_number":4,"box":{"x":515,"y":887,"width":424,"height":9}},{"id":"76f794f2-87f6-4ba3-a4cc-459876a7916a","block_type":"box","text":"try sectors or securities which underperform the market as a whole.","page_number":4,"box":{"x":515,"y":900,"width":400,"height":8}},{"id":"b3ca8555-2f90-42ce-83dc-eae5262e60b6","block_type":"box","text":"R-Factor scoring is designed by State Street to reflect certain sustain","page_number":4,"box":{"x":516,"y":917,"width":408,"height":9}},{"id":"ab69c154-080e-4aaf-8534-3a89897274f1","block_type":"box","text":"Report ID: 5088566.1","page_number":4,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"54c18cc2-b20c-469a-a800-6256f158a31a","block_type":"box","text":"Published: 18 Nov 2025","page_number":4,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"35e35f45-d28b-41bd-89c2-23427aef94fd","block_type":"box","text":"P","page_number":4,"box":{"x":899,"y":968,"width":5,"height":6}},{"id":"0d935dac-7053-4104-9b78-fce3e484a93b","block_type":"box","text":"a","page_number":4,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"fcab0411-4e42-490c-a262-6bf3488f4c7c","block_type":"box","text":"g","page_number":4,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"0d1c594e-0ceb-4770-925f-2b1887a2368c","block_type":"box","text":"e","page_number":4,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"15f6de8b-b7e5-4fd5-ae4a-5d598ef97c61","block_type":"box","text":"4","page_number":4,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"b292a986-ae06-4fe7-aeee-d428175718af","block_type":"box","text":"of","page_number":4,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"e4a85a07-2434-4a81-ad37-92cf8b31ba32","block_type":"box","text":"5","page_number":4,"box":{"x":944,"y":968,"width":5,"height":6}},{"id":"8645121c-94c5-48e4-9f73-bafc39af4cf6","block_type":"box","text":"ability factors and does not represent investment performance. Results","page_number":5,"box":{"x":50,"y":35,"width":423,"height":9}},{"id":"69ed18cc-32d2-4782-b17a-d557e0235a36","block_type":"box","text":"generated out of the scoring model are based on sustainability dimen","page_number":5,"box":{"x":50,"y":48,"width":410,"height":9}},{"id":"d8788178-a7e2-4024-8fda-9bcc4688f59a","block_type":"box","text":"sions of a scored entity.","page_number":5,"box":{"x":50,"y":61,"width":139,"height":8}},{"id":"8cf73f6f-d422-43c7-957a-a5ba7be07caa","block_type":"box","text":"In the UK, this document has been issued by State Street Global Advisors","page_number":5,"box":{"x":51,"y":78,"width":433,"height":9}},{"id":"0b59c6c2-a2b8-4f46-a3c3-cd90e69819f5","block_type":"box","text":"Limited (“SSGAL”). Authorized and regulated by the Financial Conduct","page_number":5,"box":{"x":51,"y":91,"width":418,"height":9}},{"id":"477acf1f-263e-4f1c-af1e-8402fb6efcc4","block_type":"box","text":"Authority, Registered No.2509928. VAT No. 5776591 81. Registered of","page_number":5,"box":{"x":50,"y":104,"width":415,"height":9}},{"id":"7c295ab6-2693-4e46-af26-fcbf9ee05f30","block_type":"box","text":"f","page_number":5,"box":{"x":464,"y":108,"width":4,"height":0}},{"id":"83755073-a0ea-42e0-844f-809b0e51333f","block_type":"box","text":"fice: 20 Churchill Place, Canary Wharf, London, E14 5HJ. Telephone: 020","page_number":5,"box":{"x":50,"y":117,"width":430,"height":8}},{"id":"d567d720-76df-4c68-ba2f-ee60ceec5291","block_type":"box","text":"3395 6000. Facsimile: 020 3395 6350 Web:","page_number":5,"box":{"x":50,"y":130,"width":264,"height":7}},{"id":"78fec212-fab1-40a8-831b-65f1aa53b423","block_type":"box","text":"www.ssga.com","page_number":5,"box":{"x":317,"y":131,"width":88,"height":7}},{"id":"e174c6f3-3ab5-44d0-b610-a9eb9cfe75fb","block_type":"box","text":".","page_number":5,"box":{"x":406,"y":135,"width":1,"height":1}},{"id":"771f5147-1b0d-4cef-b889-1d16f050c065","block_type":"box","text":"© 2025 State Street Corporation - All Rights Reserved.","page_number":5,"box":{"x":50,"y":159,"width":326,"height":9}},{"id":"d4dd3c9c-fe8e-4425-8346-4f240f0ece51","block_type":"box","text":"Tracking Code: 7765755.1.5.EMEA.INST","page_number":5,"box":{"x":50,"y":171,"width":236,"height":9}},{"id":"394d7e6d-6269-4c49-9f7b-071adf636749","block_type":"box","text":"Expiration Date: 10/31/2026","page_number":5,"box":{"x":51,"y":183,"width":163,"height":8}},{"id":"c217b232-d104-4cf3-bd05-edbf24844015","block_type":"box","text":"State Street Global Advisors Worldwide Entities","page_number":5,"box":{"x":50,"y":195,"width":284,"height":7}},{"id":"2031fac6-fb20-4f1b-b26e-d11bc7bcf93f","block_type":"box","text":"Report ID: 5088566.1","page_number":5,"box":{"x":362,"y":968,"width":118,"height":9}},{"id":"ed4f8a40-711a-4d75-ae70-ebe26dfff148","block_type":"box","text":"Published: 18 Nov 2025","page_number":5,"box":{"x":496,"y":968,"width":130,"height":7}},{"id":"754f25d0-6b62-4e00-acd6-37658c6ccda6","block_type":"box","text":"P","page_number":5,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"9c98d185-317f-463d-9d3f-fd92c8e0aea1","block_type":"box","text":"a","page_number":5,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"005a4f6f-7c36-48dc-83c5-3a245b61037a","block_type":"box","text":"g","page_number":5,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"1a4cdba0-8df8-4eb7-9ea8-f9755151bb90","block_type":"box","text":"e","page_number":5,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"16b81c6a-072f-4eaf-8936-688f62d0624d","block_type":"box","text":"5","page_number":5,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"d89d1b25-513a-48fe-8b4f-cf8850070340","block_type":"box","text":"of","page_number":5,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"5bd5fd23-93eb-4435-afea-d440a4ae85a7","block_type":"box","text":"5","page_number":5,"box":{"x":944,"y":968,"width":5,"height":6}}],"unit":"per_mille","page_width":595,"page_height":[{"value":841,"pages":[1]},{"value":842,"pages":[2,3,4,5]}],"attributes":{"chunk_type":"page_range","start_page":1,"end_page":5}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"0f48608a-8aa0-4ed4-b3e7-502bd0107ca2"},"user_id":1000002,"date_created":"2026-10-05T20:59:46.319000Z","date_modified":"2026-10-05T20:59:46.319000Z","private":false}