{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Goldman Sachs Global Green Bond UCITS ETF",
    "investment_objective": "Passive management seeking to track the Solactive Global Green Bond Select Index, investing mainly in global investment grade fixed income green bonds.",
    "primary_asset_class": "Bond",
    "geographic_focus": "Global, with significant allocations to Eurozone, US, UK, Australia, Sweden, Canada, Norway",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF physically replicates the Solactive Global Green Bond Select Index using an optimised sampling approach, holding a representative sample of investment grade green bonds. There is no indication of synthetic replication or use of swap agreements. The fund may use derivatives only for currency hedging purposes, which is not considered inherent to the investment strategy and thus derivatives are marked false. There is no leverage, inverse or amplified exposure. The risk profile is medium-low (3/7), consistent with investment grade bond exposure. The fund holds liquid, transparent fixed income securities without complex structured products or contingent capital instruments. Costs are straightforward with no performance fees or swap fees. The PRIIPs KID does not contain any comprehension warnings or complexity flags. The monthly factsheet confirms zero derivative exposure and physical replication. Counterparty risk is disclosed as a general risk but no significant counterparty exposure from swaps is present. Overall, the fund is a straightforward UCITS ETF tracking a fixed income green bond index with minimal complexity factors under MiFID II criteria."
}