{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The iShares $ Intermediate Credit Bond UCITS ETF aims to track the Bloomberg U.S. Intermediate Credit Bond Index, investing primarily in US dollar-denominated, investment grade corporate and government-related bonds with maturities between 1 and 10 years. The fund uses a sampled physical replication method, as confirmed by the factsheet stating 'Product Structure: Physical' and 'Methodology: Sampled'. The KIID and PRIIPs KID documents mention the possible use of financial derivative instruments (FDIs) only for direct investment purposes and currency hedging (FX forwards), but these are not inherent to the investment strategy and are used solely for risk management, so derivatives are marked false. There is no mention of synthetic replication, swap agreements, total return swaps, or counterparty exposure related to swaps. The fund is not leveraged, inverse, or amplified in returns, and the risk indicator is low (2 out of 7), consistent with a straightforward bond index tracking strategy. The fund does engage in securities lending, but this does not increase complexity under MiFID II. The underlying assets are liquid, investment grade bonds without contingent convertible bonds or complex structured products. No capital protection or structured features are present. The costs are simple, with a TER of 0.18% and no performance fees. The PRIIPs KID does not include any comprehension warnings or complexity flags. Therefore, the fund does not meet the MiFID II criteria for a complex financial instrument."
}