{
    "type": "ETF",
    "ucits": true,
    "fund_name": "iShares \u20ac Corp Bond ex-Financials 1-5yr ESGEUR (Dist) Share Class",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": "",
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant fixed income ETF tracking the Bloomberg MSCI Euro Corporate ex-Financials 1-5 Year Sustainable SRI Index. The fund uses physical replication with optimising techniques and may use derivatives only for efficient portfolio management (risk management), not as an inherent part of the investment strategy. There is no mention of synthetic replication, swap agreements, or funded/unfunded swaps. No leverage or inverse exposure is present. The underlying assets are investment-grade Euro-denominated corporate bonds with maturities between 1 and 5 years, which are liquid and transparent. The risk indicator is low (3 in KIID, 2 in PRIIPs), consistent with a straightforward bond ETF. Costs are simple with a TER of 0.20%, no performance fees, and no complex fee structures. Counterparty risk disclosures relate to normal custody and securities lending activities, not to swap counterparties. No capital protection or structured features are present. The PRIIPs KID does not include any comprehension warnings or complexity flags. The monthly factsheet confirms physical holdings, no use of swaps, no leverage, and a straightforward index. Therefore, the ETF does not meet MiFID II criteria for complexity."
}