State Street Global ESG Screened Managed Volatility Equity Fund B/  LU0773065528  /

The objective of the Fund is to generate lower volatility returns than, and performance comparable to, global equity markets over the long term. The investment policy of the Fund is to generate returns that exhibit lower volatility than the performance of the MSCI World Index (Net) (or any other index determined by the Directors from time to time to track substantially the same market as the Index) while remaining comparable to the Index over the long term. The investment policy will also involve screening out securities based on an assessment of their adherence to ESG criteria (i.e. international norms in relation to environmental protection, human rights, labour standards, anticorruption and controversial weapons).

The objective of the Fund is to generate lower volatility returns than, and performance comparable to, global equity markets over the long term.