{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Xtrackers EUR Corporate Green Bond UCITS ETF",
    "investment_objective": "To replicate the performance of the Bloomberg MSCI EUR Corporate and Agency Green Bond Index, which tracks Euro-denominated investment grade corporate and agency green bonds meeting ESG criteria.",
    "primary_asset_class": "Bond",
    "geographic_focus": "Eurozone / Europe",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF physically replicates the Bloomberg MSCI EUR Corporate and Agency Green Bond Index by directly purchasing a portfolio of EUR-denominated investment grade corporate and agency green bonds. The factsheet explicitly states 'Direct Replication (physically)' and there is no mention of synthetic replication or swap usage. The KIID and PRIIPs KID confirm that derivatives may be used only for risk management purposes, not as an inherent part of the investment strategy, so derivatives are marked false. There is no leverage, inverse or amplified exposure language. The risk profile is low (category 2 out of 7), consistent with a straightforward bond ETF. The fund is UCITS compliant and does not employ capital protection or structured features. The index tracked is a standard ESG screened bond index without complex contingent bonds or structured products. Costs are simple with a single ongoing charge of 0.25% and no performance fees or swap fees. There are no significant counterparty risks disclosed. Overall, the fund exhibits a clear, linear relationship to the underlying bond index performance with minimal complexity factors. Therefore, under MiFID II, this ETF is classified as non-complex."
}