{
    "type": "ETF",
    "ucits": true,
    "fund_name": "SPDR Bloomberg 1-3 Year Euro Government Bond UCITS ETF",
    "investment_objective": "Track the Bloomberg Euro 1-3 Year Treasury Bond Index performance",
    "primary_asset_class": "bond",
    "geographic_focus": "Eurozone government bonds",
    "replication_method": "physical",
    "swaps": false,
    "derivatives": false,
    "leverage": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The ETF is a UCITS-compliant bond ETF tracking a short-term Eurozone government bond index using a stratified sampling physical replication method. The KIID and PRIIPs KID documents confirm no use of synthetic replication or swap agreements; derivatives are only used for efficient portfolio management, not as an inherent part of the investment strategy. There is no leverage, inverse or amplified exposure. The fund invests directly in liquid government bonds with maturities between 1 and 3 years, and the risk profile is low (risk category 2 out of 7). The factsheet confirms no swap usage and a straightforward index tracking strategy with low tracking error and no complex underlying assets such as contingent convertible bonds or structured products. Costs are simple with a TER of 0.15%, no performance fees, and no complex fee structures. There are no capital protection or structured features. The PRIIPs KID does not include any comprehension warnings or complexity flags. Overall, the fund exhibits none of the MiFID II complexity indicators such as synthetic replication, leverage, complex underlying assets, or capital protection mechanisms, leading to a non-complex classification."
}