{
    "type": "ETF",
    "ucits": true,
    "fund_name": "iShares \u20ac Govt Bond 7-10yr UCITS ETF EUR",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF aims to track the Bloomberg Barclays Euro Government Bond 10 Year Term Index by investing primarily in Euro-denominated investment grade government bonds with maturities between 7 and 10 years. The fund uses physical replication with sampled methodology, investing directly in underlying bonds rather than synthetic replication or swap-based structures. The KIID and PRIIPs KID documents confirm the use of financial derivative instruments only for direct investment purposes and optimising techniques, not as an inherent element of the strategy, thus derivatives are not considered a complexity driver here. There is no leverage, inverse or amplified exposure mentioned. The risk profile is medium-low (3 out of 7 in PRIIPs KID, 4 in KIID), consistent with a straightforward bond ETF. No capital protection or structured features are present. Counterparty risk is disclosed but limited to normal operational risks such as securities lending and safekeeping, with no significant counterparty exposure from swaps or derivatives. Costs are simple, with a TER of 0.15%, no performance fees, and no swap or derivative fees. The monthly factsheet confirms physical investment in a portfolio of 28 government bonds from Eurozone countries, with no indication of complex underlying assets or contingent bonds. There are no references to synthetic replication, funded or unfunded swaps, leverage, or complex structured products. The fund is UCITS compliant and uses a transparent, linear index-tracking approach. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}