Research House Ratings

Lonsec: Ratings are published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2022 Lonsec. All rights reserved.

Zenith: The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned SPDR® Dow Jones® Global Real Estate ESG Fund: July 2022, SPDR® MSCI Australia Select High Dividend Yield Fund: June 2022, SPDR® S&P® Emerging Markets Carbon Control Fund: November 2022, SPDR® S&P® Global Dividend Fund: November 2022, SPDR® S&P® World ex Australia Carbon Control (Hedged) Fund: November 2022, SPDR® S&P® World ex Australia Carbon Control Fund: November 2022, SPDR® S&P®/ASX 200 ESG Fund: June 2022, SPDR® S&P®/ASX 200 Fund: June 2022, SPDR® S&P®/ASX 200 Listed Property Fund: July 2022, SPDR® S&P®/ASX 50 Fund: June 2022 and SPDR® S&P®/ASX Australian Bond Fund: May 2022) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.