{
    "type": "ETF",
    "ucits": true,
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Fidelity Global Government Bond Climate Aware UCITS ETF tracks the Solactive Paris Aware Global Government USD Index using physical replication by holding all index securities in similar proportions. The KIID and PRIIPs KID confirm the fund uses derivatives only for efficient portfolio management and currency hedging, not as an inherent part of the investment strategy, so derivatives are not considered a complexity factor. There is no mention of synthetic replication, swap agreements, or counterparty risk exposure. The fund is UCITS compliant, with a moderate risk rating of 3 out of 7, indicating medium-low risk. The fund holds investment grade government bonds with no complex structured products or contingent convertible bonds. The ongoing charges are straightforward with no performance fees or swap fees. The monthly factsheet confirms physical replication, no leverage, and no use of complex derivatives. The index tracked is a climate-aware government bond index with ESG characteristics but does not involve complex derivative overlays or capital protection features. No leverage, inverse exposure, or structured features are present. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}