{
    "type": "ETF",
    "ucits": true,
    "fund_name": "SPDR Bloomberg Euro Aggregate Bond UCITS ETF",
    "investment_objective": "Track the performance of the Euro-denominated fixed-rate, investment grade bond market",
    "primary_asset_class": "bond",
    "geographic_focus": "Eurozone and Euro-denominated bonds",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Fund is a UCITS-compliant ETF that tracks the Bloomberg Euro Aggregate Bond Index using a stratified sampling physical replication method. The KIID and PRIIPs KID documents confirm that derivatives are only used for efficient portfolio management, not as an inherent part of the investment strategy, and there is no mention of synthetic replication, swap agreements, or counterparty risk. The Fund does not employ leverage or inverse strategies. The underlying assets are investment grade, fixed-rate Euro-denominated bonds, with no complex structured products or contingent convertible bonds. The risk profile is medium (category 3-4), consistent with bond market risk, and there are no capital protection or structured features. Costs are straightforward with a low TER of 0.17%, no performance fees, and no swap or derivative fees. The monthly factsheet confirms physical replication via stratified sampling and no use of swaps or synthetic structures. There are no complexity flags such as leverage, synthetic replication, or complex underlying assets. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}