{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Xtrackers USD Corporate Green Bond UCITS ETF",
    "investment_objective": "To reflect the performance of the Bloomberg MSCI USD Corporate and Agency Green Bond Index while minimizing foreign currency fluctuations at share class level.",
    "primary_asset_class": "bond",
    "geographic_focus": "US Dollar-denominated corporate and agency bonds, US and non-US issuers",
    "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 USD Corporate and Agency Green Bond Index by directly purchasing investment grade USD-denominated corporate and agency green bonds. The fund uses derivatives only for currency hedging purposes to reduce the effect of exchange rate fluctuations between the fund's USD assets and the GBP share class currency. There is no indication of synthetic replication, swap agreements, or total return swaps. The fund does not employ leverage or inverse strategies. The underlying assets are investment grade bonds with ESG criteria applied, which are liquid and transparent. The risk profile is medium-low (risk level 3 out of 7), consistent with a straightforward bond ETF. Costs are simple with a single ongoing charge of 0.25% and no performance fees. There are no capital protection or structured features. The PRIIPs KID does not carry any complexity or comprehension warnings. The factsheet confirms direct physical replication and no use of swaps for index replication. Overall, the fund exhibits characteristics of a non-complex financial instrument under MiFID II."
}