{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Invesco Euro Cash 3 Months UCITS ETF",
    "investment_objective": "To provide investment results corresponding to the price and yield performance of the FTSE Eurozone Government Bill 0-6 Month Capped Index (Total Return) in EUR by investing in a representative sample of the index constituents.",
    "primary_asset_class": "bond",
    "geographic_focus": "Eurozone (Belgium, France, Germany, Italy, Netherlands, Portugal, Spain)",
    "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 technique to hold a representative sample of sovereign bills from Eurozone countries. There is no mention of synthetic replication, swap agreements, or derivative instruments used as part of the investment strategy. The PRIIPs KID confirms derivatives may be used only for risk management purposes, not as an inherent part of the strategy, so derivatives are marked false. There is no leverage, inverse or amplified exposure. The underlying assets are short-term sovereign bills, which are liquid and transparent. The risk profile is very low (risk category 1 out of 7), indicating low complexity. No capital protection or structured features are present. Costs are straightforward with no performance fees or swap fees. Securities lending is used but this is common and does not add complexity. The factsheet confirms physical replication and no use of swaps or complex derivatives. Overall, the ETF is a straightforward, physically replicated, low-risk bond ETF tracking a simple sovereign bill index, with no complex features or leverage, thus classified as non-complex under MiFID II."
}