{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Invesco BulletShares 2029 USD Corporate Bond UCITS ETF",
    "investment_objective": "To provide exposure to the performance of USD denominated investment grade corporate bonds with effective maturity in 2029 by replicating the Bloomberg 2029 Maturity USD Corporate Bond Screened Index using sampling techniques.",
    "primary_asset_class": "Bond",
    "geographic_focus": "Global, predominantly United States (approx. 89.6%) with minor allocations to Canada, Japan, UK, Belgium, Australia, Netherlands, Spain, Germany and others.",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Fund uses physical replication with a sampling approach to track an investment grade corporate bond index. There is no mention of synthetic replication, swap agreements, or total return swaps. Derivatives are only used for risk management, cost reduction, or income generation, not as an inherent part of the investment strategy, so derivatives are marked false. There is no leverage or inverse exposure. The Fund invests directly in liquid, transparent USD-denominated corporate bonds with fixed coupons and investment grade ratings. The risk profile is moderate-low (risk category 4), consistent with a straightforward bond ETF. The PRIIPs KID confirms no capital protection or structured features, no performance fees, and a simple fee structure (ongoing charge 0.10%). The monthly factsheet confirms physical replication, no synthetic elements, and no complex underlying assets such as contingent convertible bonds or CLOs. The Fund is UCITS compliant and promotes ESG characteristics (Article 8). No complexity flags such as capital protection, leverage, or complex derivatives are present. The Fund\u2019s risk disclosures and costs are standard for a bond ETF. Overall, the Fund\u2019s structure and investment approach align with a non-complex classification under MiFID II."
}